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Does Personal Appearance Affect Sales?

In the city I live in, there is a run down, nasty looking house taking up some prime commercial real-estate that I'm pretty sure every Realtor in town has taken a crack at trying to sell. Seriously! Every couple of months there is a new sign out front from some poor real-estate professional who gives the property a try. I may be mistaken, but I'm pretty sure this property has been on the market for quite a few years. 

Last night, my wife and I were driving past the house and I couldn't help but think that it was the appearance of the property that was causing the lack of interest. Think about it, even though the for sale sign mentions the great "Commercial Property" potential, there has been no movement on it whatsoever.

The solution I came up with is simple. Tear the sucker down. Pull out the grass and weeds and promote the empty dirt lot. Right now, the house is causing a major distraction in the minds of potential buyers because they can't see their business operating in such a disgusting place. Tear the building down and clean up the property and I think you'd be surprised at how fast this thing will sell. 

So How Does This Relate To Automotive Sales?

It actually relates well to any form of sales, but since this is an automotive and RV community, let's talk vehicle sales. You see, there are a couple of fundamentals about appearance that every sales person looking to improve their game should be mindful of. Let's take a few minutes to break a couple of them down. 

Dress For Success

I'm sure you've heard this one before right? According to an article on usatoday.com; Gladys Edmunds shares an experience she had at a major mortgage firm where everyone from the receptionist to the executives had too casual of an appearance. 

If you're interested in boosting your sales, take some time to consider whether or not your appearance at work is too casual and what effect it has on your demeanor. I'm not suggesting that you need to wear an expensive three piece suit to work (unless that's you're thing), but what I will say is that dressing for success has a positive impact on how you conduct yourself and how others deal with you. I'd encourage you to test it out and see if you notice any positive impact on sales and personal productivity. 

We talk about this all the time. Vehicles are often the second largest investment that people will make in their life, so think about what kind of experience you are offering if your appearance is too casual. What kind of experience and professional would you want to deal with if you were expected to fork out thousands of your hard earned dollars?

Eliminate Distractions

The whole idea here is to eliminate anything and everything that will shift the focus of your customer away from the vehicle. I'm not going to waste any time beating around the bush, so I will just come out and say it. Do you stink? Let's face it, we've all been in a situation where we've had to talk to someone that smells foul. It's pretty awful isn't it? 

I was in a dealership not too long ago and had a conversation with one of the sales consultants who was A.) Wearing a Hawaiian T-shirt and B.) Had the worst body odor I've come across in a long time. Oh, where's your compassion Mike?!? This article is my compassion. If you or anyone you know has an issue with smelling like a dumpster fire, you pass along this article for them to read.

Think about it though, how can your customer possibly stay focuses on your presentation if throughout the entire visit, they are trying to discreetly hold their noses, hold their breath or fan the air around their face? They're distracted and don't want to be around you anymore.

On the flip side, and in defense of smelly people everywhere; this can also be said of sales people who take a shower in cologne or perfume.

Think about the house again for a second. The reason I'm sure that property hasn't sold is because nobody can envision what their building will look like there because every time they do, they see this nasty looking house that get's in their way. 

I think you get where I'm going with this - let's just say if you create distractions for your customers, they aren't able to fully focus on what you are presenting.

Conclusion

Your appearance definitely has an impact on your sales. Of course there are a variety of other things that may impact sales performance, but how you present yourself is the easiest to change because you can do it as early as your next shift. Give it a try and see what happens.

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Question: Have you had an experience where appearance (either yours or someone else's) has impacted you positively or negatively? Share your experience in the comments below!

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http://www.seanvbradley.com
http://www.dealersynergy.com

Master Your Craft

 

Do you want to be successful in Automotive Sales? Do you want to sell 30, 40+ units per month? Do you want to make $120,000 - $200,000+ selling cars? Well you can! All you have to do is MASTER YOUR CRAFT.

The key to being successful in this business is mastering your craft, being the absolute best you can possibly be. But why is it that EVERYONE wants to sell lots of cars and make lots of money and only a small percentage ever achieve that level? Same reason why there are so many people that want to be professional athletes and why there are only the few elite professional athletes making small fortunes while the rest of the population watches them on television or pretends to be them on Xbox 360.

 

Do you think Michael Jordan said to his coaches and managers “Uh, I am Michael Jordan… I don’t need to go to practice”! No way… he practiced harder than everyone else because he was Michael Jordan. That is why he has 6 NBA rings… and his own sneaker!

 

Tiger Woods says that he hits 1,000 practice balls for every 1 real shot in a live round.  There is a difference between hitting a golf ball 144 yards versus 144 and a half yards. One puts you next to the hole and one puts you a foot and a half away from the hole.  You want to be as accurate as possible, as close to perfection as you can possibly get.

 

Anderson Silva, Undefeated Ultimate Fighting Champion (UFC) constantly studies his own performance as well as his future opponents performance by dissecting video footage of past fights. Literally spending hours and hours reviewing video footage of angles, punches, kicks. Looking for patterns, opportunities, weakness etc…

 

Success is a few simple disciplines practiced everyday repeatedly. So if you would like to master your craft you must develop the following three disciplines: Dedication, Desire, and Diligence.

The definition of Dedication is the quality of being dedicated or committed, i.e. Devoting oneself, time, and/or efforts to a particular task or purpose; The definition of Desire is a strong feeling of wanting to have something or wishing for something to happen; and The definition of Diligence is a carful and persistent work or effort.

So how does this all correlate to the subject at hand, Mastering Your Craft. Simply put, if you want to BE the best, then you have to BE the best. Will Durant, a prolific American writer, historian, and philosopher once said, “We are what we repeatedly do. Excellence, then, is not an act but a habit."

Success is earned, not given people; No one is entitled to greatness; everyone in the past, everyone in the NOW, and everyone in the future will have or has had to have an outrageous amount of dedication in their specific field of expertise, an extraordinary burning desire to win, and must diligently execute their detailed plans toward their idea of success.

I want to give you some bullet points of things that you should focus on mastering if you want to truly be that absolute best automotive sales professional:

  • Communication(s) – As a sales professional, you need to be an effective communicator. You need to be able to clearly articulate your message and you have to do so with passion and style.

How can you master this skill?

  • I suggest mastering the “Science of Communication”… Knowing that 55% of communication is visual perception and body language, 38% is tone and inflection and only 7% is the actual words that you use. You can study this online, you can take a course, you can go to a “communication” workshop or seminar.
  • You can join http://www.toastmasters.org which is an organization that is dedicated to helping develop communication and leadership skills for professionals. It is like a “gym” for speakers / communicators.
  • Video Record (or audio) yourself with prospects in the showroom or on the phone or in the BDC. Record yourself engaging a prospect, working a deal, dealing with objections / rebuttals etc… Then REVIEW the Video / Audio footage. Study it, be critical of what you sound like, what your body language is, what your prospects sound like, what their body language is. Try to identify loss opportunity, identify areas that you can improve and or utilize a different strategy or approach in a particular situation.

 

  • Product Knowledge
    • You should truly be a master of your product(s).  At the very least you should be certified through your OEM as a sales consultant but… Most OEMs have advanced training and certification. I suggest you look into what curriculum, what training, what OEM resources you can utilize to enhance your product knowledge.
    • Most OEMs have “Product Launches” or Special Seminars / Workshops on new or enhanced models within their line up. You should ask your management team to send you to any and all OEM opportunities that come along.
    • Study, Study, Study your product. Take all vehicles on test drives, get familiar with them. Not just conceptually but literally know your vehicles inside an out.
    • Competition Knowledge… Do NOT just study YOUR brand. You need to know EVERYTHING about your competition. For example if you are a Ford Sales Consultant and you sell a ton of Ford F-150s then you need to know EVERYHTHING about the Chevy Silverado and WHY your F-150 is BETTER than the Silverado etc…

 

  • Mastering Objections and Rebuttals
    • Stop playing checkers… Start playing Chess. Document all of the “expectations” and “objections” you come across on a daily, weekly, monthly basis.
    • Identify the TOP 10 objections and or expectations and then create at least 5 POWERFUL responses for them. If you need help, get with other sales consultants, your closers, your managers, the owner whoever!
    • Go online and search for the best objections and rebuttals. There are free sites out there like www.automotiveinternetsales.com  that offer a tremendous amount of free information, word tracks, scripts, objections / rebuttals etc… use them!
    • Practice them everyday… role play with your co-workers, with a friend, your spouse.
    • Record them (video and or audio). Upload them to your ipod or burn them to a cd. Play them on the way to work and the way home, at the gym at night, when you sleep.

 

  • Self Education
    • Read as much as you can about EVERYTHING related to your career as you can. If you don’t like reading, then buy the audio CDs. Here are some suggestions:
      • The 7 Habits of Highly Effective People
      • The Secret
      • From Good To Great
      • The Purple Cow
      • Who Moved My Cheese
      • Execution
    • Read Automotive Trade Magazines (Like AutoSuccess)
    • Subscribe to FREE newsletters
    • Subscribe to ALL your automotive vendors newsletters, blogs, email lists like:
      • Autobytel
      • AutoUSA
      • Autotrader
      • Cars.com
      • Carsdirect
      • Dealix
      • Edmunds.com
      • Your Dealership Website Providers
    • Automotive Social Networking Communities like:
    • Search Engines…
      • You can and should be Googling or YouTubing Everything that is related to your profession.

This is only a small list of things that you need to master to truly be the best at what you do. If you would like me to give you a more detailed list or some free strategies or ideas please feel free to email me or call me. It would be my pleasure to help you-

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My previous blog post, Google's New Car Lead Program: The Basics, I discussed Google Cars, which is Google's New Car Lead program that they will be rolling out in the coming months. It's currently in Beta testing. Once again, Google has made a huge splash with the inclusion of LiveChat, powered by ActiveEngage, into Adwords. 

Here's how it works:

As we all know, each time we enter something into Google (Chevrolet, Toyota, VW, etc..), at the top of the search results, there is the adwords sponsored result. With this new addition of LiveChat engagement, you'll see the words LIVE CHAT next to the URL. Once you click on that, a dialog box will pop up (See below)

As you can see above, it's all very neat and clean, easy to navigate. Once you enter your name & Start Chat, you'll be in a chat with a representative from that brand and prompted to enter your Zip Code, so the consumer will be able to find the dealership in their city/town. 

Have you been following Google's steady migration into the automotive world? As I mentioned before, they announced a New Car Lead program last month, and now this inclusion of LiveChat into Adwords. What do you think of Google's dive into the Automotive sales world? What are the benefits that you see? 

*Original Photo from Brian Pasch

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AUDUBON, N.J., July 27, 2012 /PRNewswire/ -- National Automobile Dealers Association (NADA) And NCM "20 Group" / Convention Speaker Sean V. Bradley, CEO of Dealer Synergy and founder of http://www.automotiveinternetsales.com Announces The Upcoming Automotive "Internet Sales 20 Group" in Chicago October 23-25, 2012. The Upcoming Automotive Internet Sales 20 Group will be held at the beautiful downtown Chicago Hilton. This is a "20 Group" / Boot Camp for success. The dates are the exact same dates as the upcoming Digital Dealer Convention. The "Internet Sales 20 Group" is the perfect alternative to the "Digital Dealer Convention." Our research shows that more dealers prefer to send their executives, managers, Internet Sales / BDC team to a FOCUSED workshop with a powerful instructional design with a beginning, middle and an end rather than a large convention with numerous speakers speaking at the same time with different messages, sometimes even contradicting each other. At the Internet Sales 20 Group there will be One message, One design all focused for the attendees to learn and most importantly implement immediately upon their return to their respective dealerships. Sean V. Bradley is quoted as saying, "As a Charter Member of the Association of Automotive Internet Sales Professionals and Former General Assembly Speaker for the Digital Dealer Conference I have learned a lot over the years. There is value of getting 200-300 dealers in one area and have workshops, training, vendor booths etc…for them to 'connect' with like minded people with the same goal, 'Automotive Internet Sales & Digital Marketing Success.' Here is the problem though, when you get so big, things slip through the cracks. Our research shows that today's Dealerships prefer precision, focused, workshops that they can learn and implement from. Not to be confused when they leave with the massive sensory overload. A Great analogy is Dealerships prefer a 5 Star Restaurant rather than a good buffet. And that is exactly what the 'Internet Sales 20 Group' is…a 5 Star Restaurant." The Automotive Sales Industry is fully supporting the upcoming Internet Sales 20 Group. We have some of the most prestigious sponsors in the industry, including: AutoSuccess Magazine AutoUSA Cars.com Carsdirect.com Car-Mercial Cactus Sky Dealer eTraining Dealer Synergy FranklinCovey Reach Local And there are lot more that are being added everyday. Special Guest Speakers Announced: Bill Finocchario – President of Peruzzi Toyota. Bill's Internet department grew from 37 units per month to 119 units per month and because of his profound success, Bill was a Cover Story for Auto Dealer Monthly Magazine Durran Cage – General Sales Manger of Alan Vines Automotive. Durran went from being a Chrysler OEM rep to an Internet Director selling 27 units online to 95 units online and then promoted to GSM. Durran is the September 2012 Cover story for AutoSuccess Magazine Robert Wiesman – Expert Sales Consultant, delivering 30+ units per month. Robert has more online visibility that the AVERAGE dealership! Robert has been nationally recognized for his profound success. http://www.robertwiesman.com The Internet Sales 20 Group is not until late October, so there will be many additions to the Speaker and Sponsorship list. For now, here is the current list of speakers: Cory Mosley – CEO of Mosley Training Fran Taylor – Fran Taylor Training "Undisputed Champion of Prospecting" Stan Sher – Dealer eTraining Susan Givens – Publisher of AutoSuccess Magazine Peter Martin – Cactus Sky AJ LeBlanc – Car-Mercial Sean V. Bradley – CEO of Dealer Synergy & Founder of http://www.automotiveinternetsales.com Karen M. Bradley – President of Dealer Synergy & Certified FranklinCovey Facilitator For more information on the upcoming Automotive "Internet Sales 20 Group" go to http://www.internetsales20group.com Media Contact is Amanda Melendez – 856-546-2440, Amanda@dealersynergy.com SOURCE Synergized Media PR Newswire (http://s.tt/1jbdO)

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Meanwhile, nearly every business is represented on Facebook, including the automotive industry which has also parked their cars on Facebook. But once convinced, many people build loyalty with a car brand, sometimes for a lifetime. Cars are emotion and social media is also emotion-driven. Car manufacturers are only too well aware of the emotional appeal and cleverly pitch their marketing at the niche markets they know will be interested in their products. Social media offers many possibilities for interactive communications with fans, loyalists and potential customers. Cars on Facebook seem to be a perfect fit and we try to investigate this.

Cars On Facebook – The Brands In Our Comparison Group

As usual, we need to limit the amount of pages we take into a comparison. We use the number of Facebook fans to form a comparison group in this case. We know that this way of selecting the pages does not satisfy all needs, but we think it is a good starting point for a discussion.

Name Logo Fans
BMW 10,58m
Ferrari 8,88m
Mercedes-Benz 7,80m
Audi USA 5,48m
Porsche 4,31m
Ford Mustang 4,22m
Lamborghini 3,66m
MINI 3,07m
Chevy Camaro 2,93m
Jeep 2,73m

You can see a mix of big brands such as Audi, Mercedes-Benz and BMW, next to dream car manufacturers such as Ferrari and Lamborghini, in addition to target group-specific popular brands such as Jeep and MINI.

Ford and Chevrolet are even represented by the, of course historically and emotionally models Camaro and Mustang.

But of course fan count is just the beginning and not the right metric to make statements about the success. For more insights we need to check the engagement of the fan base.

People Talking About Cars On Facebook

The People Talking About This – Rate displays the absolute number of people talking about this divided by the number of fans. In the following chart we chose a data range from 1/1/12 till today to create a better and more meaningful overview and exclude some kind of dilutions through special weekly campaign peaks.

Apparently Lamborghini was talking point number one for cars on Facebook for the first quarter of this year. The highest peak for the supercar manufacturer was on the 9th of February with a PTAT – Rate of 17.09%. During the year change the iconic American car, the Ford Mustang, was on everyone’s lips. Lately, it seems to be Audi USA, that fans are talking about.

In this post introduction, we wrote about the interactive communication between brands and fans, it’s now time to measure these interactions.

Interaction Rate Of The Top Car Manufacturers

The following chart shows the average number of interactions (likes, comments and shares) per own post normalized per fan for a specific time interval. Since a daily summary of the intercation rate is somewhat cluttered, we measured the rate in a monthly interval since the beginning of the year 2012. But for the daily time interval, we can at least constitute the highest interaction – rate peak for Audi USA on the 30th of June. So, in order to protect your eyes, here is the monthly evaluation:

Not surprising, we can see in this chart similar results as in the PTAT-Rate chart before. Lamborghini, Ford Mustang and Audi USA are again on the podium. So these three brands have a relative high amount of active fans, one of the most important factors for effective Facebook marketing.

But what type of content is catching the fans interest?

The Interaction Rate By Post Type

Cars on Facebook – an image driven business. Like already mentioned, photos and videos are attracting the most likes, shares and comments. Once again Lamborghini plays the dream car card and leads in case of most photo interactions. Ford Mustang beats Mercedes-Benz for video content. A rarity is certainly the music content of Mercedes-Benz and Ferrari.

Naturally you need to check the interaction rate by post type chart in connection with the post type distribution of the car brands on Facebook.

Post Type Distribution Of The Car Brands

In this chart you can clearly see the content type preferences of the brands. While photos are the leading source for Audi USA – Porsche and Mercedes-Benz have the highest amount of video content, Ferrari prefers the posting of links and Chevy Camaro likes to use status updates to talk with the fans.

Please note: You can click on every chart and then hover over the data to check any of the numbers.

Facebook Key Metrics For The Automotive Industry

Now to the hard facts for cars on Facebook – the key metrics from 1/1/2012 up to today:

In this table you can easily see the leader in every relevant Facebook metric. Therefore BMW gains the largest fan growth and also the highest number of absolute people talking about since the beginning of this year. Ferrari published so far 594 own posts, a really impressive number and therefore got the most likes and comments. But the most shares were grabbed by Mercedes-Benz. The maximum number of user posts was generated on the Facebook page of Jeep. At least, the highest average interaction rate was created by Lamborghini. And this brand with the famous raging bull logo, which belongs to Audi since 1998, also seems to pull the the emotions of the most Facebook users.

Hopefully, our analysis gave you a deeper look into the world of cars on Facebook and what marketing strategies the automotive industry uses to attract the attention of potential customers.

Are you missing a relevant metric or do you have a question? Just drop us a line in the comments.

Source - http://blog.allfacebookstats.com/2012/07/cars-on-facebook-an-analysis/

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Why Selling Cars Isn't Your "Thing"

I know what you're thinking – who does this guy think he is? How does he know what my “thing” is. Good – I have your attention.

I find it absolutely fascinating just how many dealerships I've walked into over the past couple of months and found, you ready for this? Silence. No customers on the lot, sales people hanging out around reception, flirting, cracking jokes, texting and the list goes on. Everything opposite of what should be happening is happening.

I spent a few minutes with a client at a major franchise dealership just last week talking about this exact topic. He is at his whits end with how things are looking at his dealership but just doesn't know how to turn things around and foster a productive change at his store.

Are you, or someone you know feeling the same way? Let's bring things back to basics for a few minutes and look at a couple of ways to turn things around. Success is hanging in the balance.

Do You Dream?

Sounds cheesy I know. One of my kids favorite movies is Disney's “Tangled”. The story of Rapunzel who has been locked up in a tower her whole life and has a dream to check out the annual lantern festival on her 18th birthday. Haven't seen it yet? Sorry for the spoiler.


There's one scene in the movie where in Disney fashion, the characters break out into song about Having a dream. The essence of it is that each character had a dream at one point and for whatever reason it was taken from them. Now, back to you and I.

Do you have a dreams? Have they been taken from you due to the economy, dream stealers or a plethora of other excuses? Do you still know what you want for your dealership?

If you'd like to create positive, productive and profitable changes within your business, here are the first two steps.

  1. Define (or re-define) your dream

  2. Gain a burning desire for its achievement.

Moving on...

Willingness to Learn / Willingness to Take Action

Have you ever read any self-help “be successful” types of articles? They all seem to offer the “fail proof” way to achieve greater success. They always seems to start with putting the pen to paper and writing down goals. Goals are great, don't get me wrong. I just don't agree that they are a sustainable driving force to helping you accomplish the success you are seeking.

Don't believe me? How many people do you know that actually stick to their New Year resolutions? If setting goals gave us enough sustainable power to act, there would be no more New Year Resolutions – the world would be a better place filled with extremely thin, successful, wealthy, patient, traveling, money-saving people.

Let me submit that before putting pen to paper, one must determine the level of their willingness to learn and willingness to take action. Think about this for a second. You've clearly defined your dream and now have a burning desire. If your dream is to have a more successful dealership by selling more vehicles, take a moment to rate your willingness to learn and willingness to take action in order to make that dream happen.

If I asked you to give yourself a “Willingness” score, what would it be?

Take a minute, pull out a piece of paper and give yourself a “willingness to learn” score between 1 and 10 (1 being none, and 10 being high). What did you come up with? Now do the same for your “willingness to take action”. What? Two 10's? Really? That's amazing! Now where would your score go if I told you the only way to make this happen is to abstain from drinking coffee for one full month? Why the sudden decrease?

Here's why goal-setting isn't the first step to success. All of us have goals, most of us haven't really determined whether or not we have the willingness to make them happen. Often the only thing that stands in the way of achieving dreams is our willingness to learn new ways of doing things and our willingness to take necessary action. Are you willing to do whatever it takes to make your dreams a reality or would you prefer to just keep going as you are?

Conclusion:

Stop with the shenanigans! Continuing to do business the same way with no willingness to learn or take action will just give you more of the same depressing results. If you aren't picking up what I'm putting down right now, then selling cars and being profitable just isn't your thing.

Now - Stop blaming the economy and other lame excuses for your lack of success. Achieving your definition of success is in your capable hands. Define your dream, determine your level of willingness, and enjoy the results. You deserve it.

Michael Cirillo is the Executive VP at AutoVelocity™ and works with dealerships to help them achieve greater success through their marketing efforts.

www.autovelocity.ca

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How Important Is Price Really?

For those of you who know a little bit about me, you know that I  worked in the print media and advertising industry for nearly a decade and grew up around the industry my entire life. I want to spend a couple of minutes discussing some concepts that I am more than confident will help your dealership in attracting new and returning customers so that you can start seeing more (and better) results for your dealership immediately. That's right - I just said "IMMEDIATELY".

A little bit of background first:

Over the years, you've probably noticed that the ads you see in the newspaper or in magazines haven't really changed much. They consist of a bunch of pictures of vehicles and the prices associated with those vehicles; Starbursts with low finance rates, or bold letters promoting the BIGGEST SALE EVENT OF THE YEAR! Everything always seems to revolve around price.

There's no doubt that price is an important topic, but maybe not as important as you might think - especially if your aiming to get a fresh influx of new customers walking onto your lot.

To demonstrate, let me encourage you to drive down any auto mile wherever you are, and take a look at the signage that dealers are placing near the roadway with hopes that it will capture new business. What do you see? 

  • Employee Pricing Event

  • Red Tag Sale

  • Really Big Sale

  • Year End Clearance

  • Inventory Blowout - unbeatable pricing!

Everything revolves around price!

Not even in the market!

Have you ever considered what percentage of people in your area are even in the market to purchase a vehicle? Think about it. What good is busting your chops over showing people how low your finance rates are, or how low your prices are when majority of people aren't even in the market to buy? Don't believe me? Consider this example.

Have you ever found yourself thumbing through a consumer electronics flyer from the weekly paper? If you're like me, you do it all the time. I'm sort of a gadget geek. But what happens when you get to the appliance section of the flyer? You slam the thing shut or throw it away? Why do you think that is? 

Vehicles are much like appliances. When you have appliances that are working, purchasing new ones are the last thing on the totem pole of priorities aren't they? So it is with vehicles. When people have a vehicle that is working, they aren't really in the market. All the best pricing and finance rates in the world won't do a hill of beans for your efforts in attracting new business.

Plenty of Fish in the Sea...Just Not Where You're Looking

Have you ever heard that saying before? It's absolutely true. There are plenty of fish in the sea. The problem is that by focusing primarily on price, you and all of your competitors are fighting over a very small portion of in-market consumers. Have you ever wondered why your print ads aren't getting you the results you want? Have you considered why your website isn't producing the leads that you want it to? 

When you really take a look at it, Dealers that enter the arena prepared to battle over price may not realize that they are fighting over around 2-5% of the entire population. That's really the percentage of people that are in the market to buy a vehicle today. So much effort for so little potential! It's kind of depressing isn't it?

Let's use the odds in your favor. In order to start seeing immediate (measurable and duplicate-able) results for your marketing efforts, you may be required to change the way you think a little, and perhaps; change some of your current process to meet consumer expectation. All in the name of profitability.

What Drives Consumers to Buy?

If only 2-5% of consumers are in the market to purchase a vehicle today, have you considered how you could tap into the other 95-98% of the market that perhaps would be willing to purchase a vehicle but may not necessarily be in the smaller percentage that cares about price?

It's absolutely vital for every dealer that wants to start selling more vehicles, products and services to understand what drives consumer purchase decisions in order to offer something really unique and actually tap into a never ending pool of customers. Let's take a look at a couple of examples of what drive consumers to purchase.

1. Emotional needs / wants: We all have them and because of that,advertising how your products and services can fill an emotional need will actually help you penetrate a larger market and get your business in front of more interested people.

I'm a perfect example of this. A couple of years ago, when my wife and I received news that she was expecting our second son, one of the first things we discussed is how our small sedan would no longer fill our transportation needs (Emotional need #1 - necessity). Could you imagine two car seats, potentially two strollers not to mention half the house that you have to pack up when you have kids, all crammed into the back of a small sedan? We went from not being in the market to being in the market in a matter of days.

The more we thought about what we would need, other issues came up. Safety (emotional need #2), Comfort (emotional need #3), Room (emotional need #3), Vehicle features (emotional need #4) and so on. Price wasn't even on our mind yet because we were too busy formulating our list of needs.

Then came the emotional wants. Status (emotional want #1), luxury (emotional want #2), add-ons (emotional want #3)...you get the picture.

You see, not everyone is in the market to purchase another vehicle. Everyone however, is in the market of fulfilling their emotional needs and wants. While all of your competitors are engaged in the price battle over a small percentage of the market, you could be addressing the demand of a larger market and funneling those consumers into your dealership. You will never run into a short supply by focusing your energy on the things that everyone wants fulfilled – Their emotional needs.

When you have your approach set up correctly, you've strategically provided the right information and uncovered the emotions of your customers, the results will be like magic.


2. Reciprocity: Have you ever heard of the law of reciprocity? This is something that successful marketers have been using for decades and let me tell you, it works extremely well! Most cultures have this law hard-wired into the back of their minds. To simply define it, let me sum it up as I give you something and as a result, you give something in return.

Often I find dealers practicing this law, but in reverse. Customers often have to make a purchase before they can get the value added offer, when really it should be flipped the other way around. Give something of value to the customer first, build the relationship and they will reciprocate by making a purchase from you.

Conclusion:

Whether you want to believe it or not, it doesn't really matter. The definition of insanity is doing the same things over and over again and expecting a different result. If you truly want to increase the profitability of your dealership, stop focusing so much energy on pricing. Remove yourself from that never-ending uphill battle and re-target your efforts into fulfilling the emotional needs/wants of consumers. Provide value by offering the right information first and let the law of reciprocity take you all the way to the sale. 

Your success starts here.

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Are Buzz Bands Better than Business Cards?

http://www.skanz.com

http://www.dealersynergy.com

Have you heard the Buzz? All convention attendees are getting a complimentary Buzz Band from Wizard Studios. This band allows you to share all your contact information and social media connections through your own QR Code on a wrist band. You can even create your profile prior to convention so it's ready to go as soon as you get your band! With your new Buzz Band you can wear and share your digital life with everyone you meet. To Get Started Before You Go: Go to www.skanz.com and click on the button "Get Started", then create a new account. Use an easy to remember email and password. Load your profile with, pics, social media, videos, links and contact info. Just scan the free Buzz Band you get at convention, enter your email and password - and it's all linked up! Share your scans with anyone you meet - take notes and save your contacts. Or Get Started When You Arrive: Pick up your free Buzz Band. Scan the QR Code. Enter your email to create a new profile. You can add your social media, videos and links on your phone. Start sharing scans, making notes and you'll have a database of everyone you meet.

 

( I am going to the http://www.nsaconvention.org this weekend with my wife Karen and the N.S.A. sent us this email about the Skanz product / service. I thought it was AWESOME and wanted to share with you all. Let me know what you think).

SVB-

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http://www.dealersynergy.com

Why is Your Showroom Sales Team Goofing Off...? Not being productive? Not Selling Cars? & Where is Management?

This is truly becoming an epidemic! It is almost the halfway mark at the dealership for the month of July and we have 4... 4!! Sales Consultants hanging out on the showroom floor just waiting for something Magical to happen. While they wait, they are joking around, running around, jumping up and down... high fiving each other. For what I do not know.

I watched with my own eyes this dealership that has a TOTAL of 9 sales consultants literally have 1/2 their showroom floor goofing off and nobody says one word. Not one word from the management team...

Last month they sold 67 units BETWEEN 9 people! And what is worse is that this dealership is HUGE and BEAUTIFUL. But it is filled with Mediocrity!

What is sad to me is that these 9 consultants come to work... work "Bell To Bell" some days for NOTHING! They have no idea how much money they are not making...


Is this happening at your store?

What are you doing about it...?

 

 

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