Leads Are Like Real Estate – Location is Everything
by on Feb 11, 2011
Recently I heard from a dealer who received “too many leads from across the river.” His dealership is located in Washington, D.C., and due to the limited number of bridges spanning the Potomac River, they rarely get customers from certain areas in Virginia. However, he was receiving leads from these areas because geographically these customers are very close to him. Fortunately, solving his problem was an easy fix.
Many independent lead providers can only draw a simple radius, or series of radiuses, around the dealership as the dealer specifies. In many cases a territory defined by a simple radius is both sufficient and desirable, giving the dealer access to the greatest number of local, in-market customers. If a dealership is centrally located within a busy urban or suburban area, then leads from the immediate surrounding area can result in high closing rates.
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