Beware of the Gas Price Sales Spike: Economy Car Demand Historically a Short-term Phenomenon

It’s hard to pick up a newspaper or a magazine or visit an automotive web site and not see media coverage about fuel-efficient vehicles. Economy cars, hybrids and electric vehicles represent an important part of future vehicle design, and rightfull
Jun 28, 2012

Five Data Mining Tips for Securing Quality Trades, Selling More New Units and Retaining Customers

Whether the tight supply of quality pre-owns loosens up soon or not, dealers who learn to source their used inventory internally are always at an advantage. This approach to inventory management is smart: Sourcing used inventory from existing custome
Jun 27, 2012

Perfect

“Perfect” is not achievable in this world. We strive, we sweat, we fight towards it with all our wits and muscle—but it’s our destiny as humans that we will never reach absolute perfection. What, then, motivates us to work so hard on its purs
Jun 21, 2012

Can You See Me Now?

I’m not big on buzz words, but see one enough and it requires you take a hard look at what all the chatter is about. One of words that regularly appears in surveys concerning consumer desires in retail-car transactions is “transparency.” Simply
Jun 6, 2012

Is Video Relevant for the Retail Auto Dealer Today?

I facilitated a “Best of the Best” panel discussion at the 12th Digital Dealer Convention in Orlando last month. The focus of the panel was dealer applications of video, specifically to drive organic search and website conversion. During the 12th
May 16, 2012

Closing is a Breeze When…

You master commonality-based rapport. Regardless of which type of first contact we made with our prospects, be it via live chat, a phone call, a lead or as a guest on our property, it is imperative that we understand and master commonality based rapp
May 11, 2012

The ISM Metamorphosis

There is a fundamental shift that occurs for many Internet sales managers. Though most were hired to manage Internet leads, make phone calls and sell cars, the evolving state of our industry has required them to take on more roles. With these new res
Apr 4, 2012

Operational Effectiveness plus Social Effectiveness equals Explosive Growth

The arrival of a lead is the moment of truth. The speed and quality of your initial response and the effectiveness of your follow-up will determine whether the sale goes to you, or to the dealership down the road. Creating an end-to-end sales process
Mar 21, 2012

Just the Tip of the Iceberg

Equity data mining is one of the most lucrative trends currently in the market. Because almost every auto dealer is digging out from an economy where floor traffic has slowed and customers were holding their checkbooks tightly, equity data mining has
Mar 19, 2012