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Sean V. Bradley & Internet Director, Matthew Sears Discuss Autotrader & Conventional Marketing / Advertising...

Automotive Internet Sales recently had Internet Sales Director, Matthew Sears at corporate headquarters in New Jersey. We sat down with Matt and answered some of his questions about "Traditional" Marketing and Advertising. Sean talked about the importance of Internet advertising. When 92-99% of prospects are going online BEFORE they step foot into the dealership... It becomes a no-brainer and combine that with the fact that Internet advertising is LESS than $200 per car, where as traditional is over $600 per car in advertising as per NADA.

For more information and training videos, goto http://www.automotivedigitaltraining.com

https://www.youtube.com/watch?feature=player_detailpage&v=nOMGN2jIQvs

This week's Think Tank Tuesday dissects Service Retention, and reveals to you the 6 key touch points discovered to raise your Service Profits and keep your service bays full.

Can you think of what marketing opportunity has low competition, high ROI, a lot of traffic, and will build customer loyalty? Many dealers are ignoring this aspect of their marketing strategy, and you need to start paying attention to this opportunity.

There are 3 types of personalities, and your personality could be affecting your income. Watch this week's Think Tank Tuesday now to find out which of the 3 personalities you have, and how you can make it work for your team to boost your sales.

Is your website constantly asking for or taking information from visitors? By providing information to visitors rather than requesting information from them, you can expect to see a rise in conversions and a decrease in bounce rates. Watch this week's Think Tank Tuesday and find out how to rethink your web strategy.

And just like that... all your emails fall into the "promotions" box. 

That's right... the promotion box. The same box that will soon land all your email blast, your special offers, and anything else sales related that you wanted to get across to your customers. Google just said - "ACCESS DENIED" Now what? I can your dealer principle now... "OH NO! Its Friday and I want to do an "eblast" to over 30k customers to let them know that we have 0% and we have leases starting at $99 a month. Our customers and prospects need to know this!!"

WRONG...

They know we sell cars. They know we move metal. They know all of the above. They know the programs just we do, they know the interest rates before they walk into the dealership... They are well armed.

The game has changed again. Anything with any kind of "promotion" content will not reach your "primary" inbox. So what now??

SEND SOMETHING DIFFERENT. Like JD Rucker talks about his "content burger" send people something that they want to see. The most successful email that we ever sent out was a blooper reel. People loved it. They emailed us back "WOW, that was great. By the way, i still didn't get the Altima, can you shoot me a quote on a 24 month lease?" 

Marilyn Monroe once said "If you can make a women laugh, you can make her do anything." The same thing applies to our customers. Right now our customers are defended by their gmail shield. Best Buy just emailed me and IF i clicked on the dreaded "promotions" box... That is the only way I would view their offer. 

Break the Game open and get away from sales. Make your customers laugh, email them about an event you are having or a charity you are working with. Remember, they contacted you in order to get this "email blast." They know the deal... 

Share any and all thoughts, I would love to hear it. 

The next time you turn on your television, do me a favor! Watch the commercials and see if you can identify what target audience the advertisements are intended for, and what calls to action are included to entice that audience to buy.

Once you’ve had a chance to complete this little exercise, take a look at the advertising and marketing materials produced by your dealership. Can you identify the target audience and call to action?

If you take a look back over the articles I’ve written over the past year or so, you’ll recognize a consistent theme. I tend to focus my articles on the importance of creating customer segments and ways that you can reach out to them more effectively.

While I won’t get into it too much in this article, I wanted to show you a cool Audi Australia commercial that I found online that features famous Beatboxer Tom Thum. Take a look at the video and let me know in the comments what audience Audi Australia intended this commercial for and what action they hope is accomplished.

What do you think? Comment below!

Find out what "It" is in this week's Think Tank Tuesday, and how to best use Remarketing Segmentation to help you take steps towards reducing the likelihood of IT happening to you!

Your website can produce up to 600 more leads every month. I'll show you how to get customers who may be on the fence to contact your team in this week's Think Tank Tuesday. There's no reason you shouldn't be using this tool on your website. Don't miss out on hundreds of quality leads and watch Think Tank Tuesday right now!

Back in 2009, the team of Mike and Maaike, the designers behind Google’s G1 Phone among other innovations, released a concept design for the car of the future. Lost behind the futuristic glass enclosure and auto-drive capabilities were the reasons they undertook the project: “Freed from the monotony of driving, we can enjoy quality time while in transit: socializing, gaming, movies, business, videocalls, web surfing, sleeping or discovering new places with powerful voice controlled search and navigation.”

We’re a car culture. Our manufacturers continue to advertise power, performance, passion, heritage and sex appeal—but the next generation of buyers is less interested in that than they are in engagement, connection, impact and lifestyle. To them, driving is a distraction from their life.

In 2010, the millennials (the current 16-34-year-old demographic) surpassed the baby boomers as the largest generation in the United States, with more than 77 million members, or one in four Americans. Inevitably—and soon— they will buy more cars, get married, buy houses and have families. At the same time baby boomers are retiring and driving less, so understanding how to sell to millennials will be critical to your dealership’s success.

When you are able to identify the approximate age of an Internet lead, how do you respond to those in the 16-34 age group? Here are a few tips on how to respond to millennial Internet leads:

1) Price is Important….: The millennials have had a tough time establishing careers in this down economy, as evidenced by a 16% unemployment rate in their age range. Many also graduated college with student debt. Lack of finances is one big contributor to why many of them aren’t currently buying cars. If you notice their inquiry is on a “budget” car, respond by sending links to similarly priced vehicles, both used and new.

You may also want to bring up financing options with millennials sooner rather than later, so you don’t spend a lot of time selling them a car they can’t afford. Fortunately, credit restrictions for auto purchases have been easing lately. Offer to help them become qualified, and send links to whatever payment marketing tools are on your website. If you have a new generation shop-by-payment tool, they will be able to peruse your inventory based on what their monthly budget is.

2) ….But Not as Important as the “Feel Good” Factor. Although millennials may be looking for value, giving them the bottom line price is not guaranteed to get you the sale. In general, neither will selling the features of the car. Less than 15% of millennials describe themselves as “car enthusiasts,” compared to 30% of baby boomers,* making a car more of a commodity than an emotional purchase.

Most millennials want to “feel good” about what they’re buying. In a 2010 Pew Research Center study, more millennials said “Helping Others In Need” is more important than “Owning a Home.” So if it’s a hybrid, emphasize the benefits to the environment. If your dealership is involved in the local community, try to weave in a conversation about a charity you recently helped out, or other social benefit that your dealership has provided. Another strategy is to share YouTube ads from the brands they inquired about, to help them decide which brands they identify with.

3) Let Others Do the Talking. Millennials are extremely active with social media and use the Internet to do most of their research. In general, they trust the opinions of their friends and the masses before they trust recommendations from a salesperson. If possible, let your social media platforms and online review sites do as much of the “selling” as possible for you and your dealership. Send them links to the objective, third-party research sites, to your online review sites and especially to any reviews that may specifically mention you, the salesperson. If you don’t have any video testimonials from customers, get some, then send the links to those on your YouTube channel.

4) Don’t Pressure Too Much, but Don’t Give Up. Millennials are in a state of “constant consideration,” so if they don’t respond to your request for an appointment, or stop responding entirely, don’t give up. It may be they’ve backed off the idea of purchasing for the moment. Chances are they will still purchase in the next 90 days, and when they do it will be with someone who they have built a rapport with.

5) Use Your CRM For Communication Preferences. Millennials expect companies to do business with them on their terms. This means if they prefer to text, you should be texting them (or your competitor who does text them will be the one to engage with them).

The millennials now outnumber boomers, and their growing purchasing power will soon be felt. What tips do you have to market to this tech-savvy generation?

# # #

*Statistics taken from the Spring 2013 research report “A New Direction: Our Changing Relationship with Driving and the Implications for America’s Future” by the U.S. Public Interest Research Group.

What would you say if a customer asked "Why should I buy from you?"  Everyone can compete on price, but in order to gain more customers and increase your sales, you need to have a competitive advantage. What's yours?

In this week's Think Tank Tuesday, I'll explain why it's important to set yourself apart from all the other dealers in your market, and how to do so.

If there’s one thing that gets under my skin the most about local businesses on social media, it’s that they rarely take advantage of one of the most important types of posts: local facts. It’s a low-hanging fruit that is completely missed by most.

It starts with having a local following and fan base, of course, but if your page is in what we like to call stage 2, then local facts are an easy way to get people talking to your and about you. It’s one of the most important tools in our arsenal that we use to promote clients but it doesn’t take a team of social media specialists to make it happen. You can do it very easily on your own.

In the example above, you see this Long Beach Chevy dealer has a post up about an interesting fact for the Long Beach area. Someone saw it in their news feed, recognized it, then tagged their friend in a comment. The friend saw the post as a result and commented as well. He recognized the house in this case… it was his neighbor!

The individual interaction has an exceptional algorithmic effect on Facebook. Whenever anyone likes, comments, or shares a post, it has an opportunity to be seen by that person’s friends. When something like this happens where two friends are having an exchange on the post, the chances of their individual friends seeing the post increases, of course, but the chances of their shared friends seeing it shoot up exponentially. Once one of those friends like the post, now it’s very likely that their entire shared circle of friends will see the post.

This is a great thing because chances are very high that the majority of the people within this circle are within the market area of the dealership. That’s one of the ways the Facebook algorithm works. It’s one of the easiest ways to get posts like this to be liked by 30 local people and seen by over 1000 locals.

Fun idea to throw out there and we have been having HUGE success with. 

Whatever city your dealership is from, check out the next sporting event that is set to play. For us, we are in a NY/PHI market so I can alter the search either way. But for conversations sake, lets use the Yankees. Tonight they play the Royals at 7:05. 

Create a Facebook Post with the Yankees saying "Pine Belt Nissan Game of the Week! Yankees vs Royals. Pick tonight's winner and predict the score and the winner will receive a $150 gas card! It's as easy as Pick, Like, Share, and Win!"

Take 15 bucks out of your pocket and promote this post. You will be amazed at the results! People LOVE this. I also take this a step further... I will conquest our competitors cities. 

Below is an example of our last contest. No one guessed the score and there was not a winner... But the end result was amazing.

In total we generated 12 shares, 51 likes, and 50 comments. It cost our dealership 15 dollars, no one won the gas card, and we were able to market in 4 of our top competitors cities. I made the age range 25-55 and it made for a very successful event.

Try it out. Low cost way to get your name out there and have fun with the public. 

Visit out website: www.ppadv.com
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There are thirteen steps to happiness and it all begins with a process. From recruiting to advertising, watch this week's Think Tank Tuesday to determine which processes you need to focus on in order to be successful.

I’ve often advocated in my blogs the benefits of quoting a price to customers who submit leads with a price inquiry. If the customer is submitting leads to more than one dealership, not providing the price will likely eliminate you from consideration.

Yet, according to CNW Marketing Research, 70.5% of people finance their cars. That means the vast majority of Internet leads will take the price quoted to them and then try to determine what their monthly payment will be. As we all know, monthly payments can vary based on the consumer’s credit score, the dealership’s finance programs and the specific vehicle the customer wants to buy. So the customer searching for the lowest priced vehicle today may still not end up with a vehicle that fits within their monthly budget for the next 60, 72 or even 96 months!

If we can move the conversation from price to payments, we can identify the right vehicle earlier in the process, saving the customer time and aggravation, and saving the dealership gross. One way to shift the conversation to monthly payments is to offer and promote payment—and shop-by-payment—marketing tool on your dealership’s website. A shop-by-payment tool allows consumers to search your inventory based on what their ideal monthly payment is and displays inventory based on real, credit-qualified payment quotes. An estimated or teaser quote can set the wrong expectation, but one based on the customer’s actual credit and the dealership’s finance programs sets both the customer and the dealer up for success.

Allowing consumers to shop-by-payments on your website offers the following benefits:

1)    Keeps Customers on the Dealership’s Website. Customers come to your site to find answers, not more questions. If you are asking the customer to provide all their information, such as what their credit score is or what interest rate they may qualify for, they may have to go off of your website and find the information on another site. A shop-by-payment tool allows the customer to see all the inventory on your website that they qualify for, without having to look for the information somewhere else. The tool is also interactive, enabling the customer to adjust payment ranges, down payments and other information so that it engages the customer, keeps them on the website longer and results in higher conversion rates.

2)    Protects Customers’ Privacy. Real payments can be quoted to customers without requiring them to enter in personal information, such as date of birth or Social Security Number, and without having a negative impact on their credit score. This is appealing to customers and allows them to play around with various terms and different vehicles, further engaging them and bringing them that much closer to the sale. Since most good-credit customers don’t want to affect their credit score until absolutely necessary, the result is often more leads from customers with higher average credit ratings.

3)    Credit-Analyzed Leads Close at a Higher Rate. The ability to analyze a consumer’s credit online brings them one step closer to the sale. Closing rates for these leads are typically much higher than for unqualified leads, often exceeding 20%.

4)    Streamlines the Sales Process. Providing real payment quotes on VIN-specific vehicles sets the customers’ expectation on what they can actually afford to buy, versus what they would like to buy. This eliminates unnecessary time that salespeople spend trying to sell a car that the person can’t afford, while also eliminating the “embarrassment” factor for the customer if they can’t afford the car they really want.

5)    Keeps Dealers in Control of Financing. Providing real payment quotes shifts the customer’s focus from what the bottom-line price is to what they can afford to pay every month. This allows dealers to set their own prices and financing terms and gives them more flexibility in negotiations, unlike lead services that force dealers into price wars in order to deliver the lowest price for the consumer. Ultimately, this results in higher gross profit margins for the dealers.

Providing a shop-by-payment tool helps to engage customers, keep them online and bring them closer to the sale. Today’s payment marketing technology delivers real benefits to both dealers and consumers, resulting in high-quality, credit-analyzed leads that close at rates much higher than traditional Internet leads. To see a demo, visit www.anywheremotors.com

There are seven ways you are wasting your marketing dollars. Watch this week's Think Tank Tuesday to learn what you're doing to throw away your advertising money.

Facebook has been a challenging venue for marketers and advertisers ever since it started really getting popular in 2009. At that time, it was clear that it was the social network to beat and the company started trying to cash in with different types of advertising options. Most of them failed miserably for the same reason that many marketers continue to fail today: people go to Facebook to be entertained, not to be the recipient of ads.

Today, it’s getting easier. People are more accepting of ads. A lot of it can be attributed to the way that Facebook has handled their promoted posts. They have done an excellent (some would say Draconian) job of keeping messages off of news feeds that are too promotional. Between the manual vetting they do of ads and the 20% text rule they apply to images, they’ve been able to keep a relatively strong balance between letting advertisers get their message out and keeping their users happy through minimized spam.

When it comes to putting out a message that resonates, that users can enjoy while still getting the promotional message out, businesses (local ones in particular) should consider adding a touch of fun and flair to their posts. In the example above, the goal of the car dealership in question is to promote their oil change special. There are a couple of different ways to go about doing this. They can make it a Facebook offer which can be very effective if the special is a true Facebook-only special. They could make it an event, but they would have to really make it a true event for that to work and few people would consider car maintenance an event. They could be direct – post about the special and throw some ad money at it. This is not recommended as the negative sentiment would murder the page’s EdgeRank.

In this case, they added the localized and timely flair of focusing on a wonderful aspect of living by the Great Smoky Mountain National Park. It’s spring and people are thinking about what they’re going to do when school is out, when vacation time comes, and when the weather is in a state of awesomeness that they can venture forth and enjoy the world. The message is clear and ends with the “pitch”:

“Spring in Waynesville, NC. You know what that means, right? Time to plan a trip to the Great Smoky Mountains National Park.

“Before heading out, make sure your ride is in “Mountain Ready” condition. Here’s an oil change special just for your trip…”

By positioning it in a way that takes a positive aspect of local life and applying the marketing message at that point, it allows for the post to flourish. Even though the page itself has around 700 fans, it was liked by 80 people, shared by 3, and commented on by several. Branding was achieved. Positive sentiment was achieved. The link to the special itself on their website received a nice amount of clicks. Most importantly, the message was seen by around 10,000 locals.

There’s a fine line between tricking people into interacting with a post to click on an advertisement and actually engaging with them on their terms and getting the message to them as a result. Using local flair is one of the easiest ways to make this happen.