Community

Share your automotive expertise

2 Write a Blog Post

Filed in: Marketing

7 Predictions For An Awesome 2013

By Eric Miltsch on Dec 28, 2012

 

Every year I enjoy putting my neck on the line by trying to look into the future of our wonderful industry and play Carstrodamus to see what lies ahead for us. Some ideas have been spot on: The importance of local search and social content sharing and location based marketing services. Others were a little early: HTML5 and NFC. A couple were either just wrong or haven't happened yet: Path being acquired by Facebook. 

The retail car segment has long been plagued with a stagnent culture of progressiveness. We've changed this perception over the past couple of years, brought ourselves up to speed and are no longer afraid of technology and the opportunities it provides our businesses. 
 
So, rather than focus on specific events occurring this year, I'm focusing on concepts I believe will become more important with regards to how we think, connect with customers and employees to improve our business.
 
Seven Concepts That Will Define The Retail Automotive Business In 2013.
 
Changing Website Design Standards
 
The time has come for a new standard in website content design. The familiar template design we've all grown tired of needs to change. Website design standards are changing and we need to adapt to this as well. Where is it written that says car dealership websites must live within a static grid system of non-effective content boxes filled with random content? Look at what's happening with the user interfaces within the sites the average Internet user spends their time. Top visited sites such as Facebook, Pinterest, Instagram, LinkedIn, YouTube and Netflix are moving away from directing the user via standard navigation and letting the user control more of their experience. 
 
Imagine your dealership website as a palette of interactive vehicle images and videos with interactive research and shopping tools augmented with social elements such as ratings and reviews. That's all the consumer wants - plus it would adapt to their mobile devices so much easier. This also opens the door for the next wave of mobile navigation controls as we move from clicks to gestures. This concept rests solely on the industry's website providers to push the envelope of creativity. 
 
Separation of Internet Directors and Marketing Ninjas
 
This concept of an Internet Director who manages sales staff, sales activities and Internet Marketing needs to stop now. You don't ask your sales people to sell the car and also change the oil every 3000 miles, do you? We'll start to see a massive shift in the delegation of activities and the types of people hired into these roles as dealers become educated and understand their responsibilities.
 
In my dealership, I focused on one thing: managing our online presence. That's it. Someone else managed the sales activities. We worked together to create solid processes and manage the flow of activity generated from our online presence. The concept works well because it lets talented people work within their interests and passions. 
 
Managing is out. Leadership is in.
 
Look for an intense focus on leadership in 2013 as deeper concepts of ownership take hold at the dealer principal, executive and corporate levels. Teams will move beyond simply managing activity, they will become experts in mastering concepts within their respective areas of expertise to create a waterfall of knowledge and learning experiences for their entire organization. These experiences will influence the behaviors and actions of the entire staff rather than just one person driving the activity. Process, structure and marketing understanding have paved the way for a new layer of leadership as industry thought leaders become more savvy. Mastering the art of telling your brand's story, retaining customers and employees for life via inspirational experiences, education and embracing the power of your data will transform today's managers into tomorrow's leaders. 
 
Mobile Payments (& Behaviors) Will Shorten Buying Cycles
 
I'm not concerned so much with the actual solution, rather the actual concept of how our behavior will change as result of this solution. NFC, Square, Paypal apps, Passbook and others will continue to provide more options for consumers to learn a new behavior. And with this behavior will become a shorter buying cycle, pushing us closer to providing better solutions for your customers to connect and purchase - anything from parts, general services and even make down payments. I've said this before: customers don't need new ways of finding things to buy, but they do need more efficient ways of paying for things. This action alone changes the perception of the shopping experience. 
 
We'll also see more contextual actions which integrate functionality from other social networks that help us complete actions based on our activity and those of our friends. Not only will we be alerted of a friend's upcoming birthday or newborn child, we'll also be able to find either products or retailers nearby based on our recent activity and interests. We'll also find relevant feedback and have the ability to purchase and ship within a few simple gestures as this all happens within our various mobile devices. 
 
More specifically, and within my favorite segment, location based services will not only hit a new level of awareness and understanding, but they will also achieve a new height of effectiveness with the introduction of better algorithms which learn and predict our habits, usage and interests - based on our permissions. Hype free, no spam and exactly what we want to see. Central hubs of our activity will exist, making it easier for us to stay connected to the key informational elements of our life - Grokr is a wonderful example of this new effective hub.
 
Niche Industry Events
 
The industry has spoken about macro events that happening just for the sake of having an event. Buying products based on sales pitches is out. Broad based integrated solutions based on awareness and education is in. It's time for dealership leaders to understand how the clock works rather than just being able to tell the time. The best example of this is next year's DrivingSales President's Club event headlined by Seth Godin. This will be a key niche event focusing on areas such as leadership, global economic impact, dealership M&A activity, industry regulations, and other retail industry insights which make up your key foundation assets.
 
Increased Mobile Video Presence and Effectiveness
 
Mobile video will become more helpful based on a couple of simple factors: Improved network infrastructure creating better connections on 4G and LTE networks and faster, more powerful chipsets within the devices constantly at an arms length away from us. Pictures will become old school, video will become the standard and keep an eye out for more practical uses of augmented reality as well. 
 
Look for major improvements in mobile workflow solutions for all dealership departments, even better customer facing solutions, and especially new expanded solutions within your social media efforts with regards to real-time story telling. This all ties into shortening buying cycles, improving digital footprints and creating more effective social signals to help drive your local mobile search results.
 
Strong Focus on Professional Experiences and Personal Brands
 
As company leaders, Internet directors and marketing ninjas continue to be defined by their areas of expertise, so will the awareness of how important their individual brand is to the dealership's customers, staff and the industry. This is how the next wave of excellence and talent will be discovered within our industry. 
 
Tools like the DrivingSales dScore will help drive awareness around individual activity and relevant experience. Branding platforms such as About.me will continue to define your personal brands and provide greater context for our abilities and affiliations within the industry.
 
I've seen it happen with dealership all-stars, whether they expand their roles within their dealerships or move on to the vendor side, people such as Tracy Myers, Dan Boismier, Andrew DiFeo, Rob Fontano, Andy Warner, Marc McGurren and most recently with Eric Giroux and Chris Costner.
 
On the vendor side, industry pros like Shaun Raines (Dealership education), Dennis Galbraith (Data), George Nenni (Pinterest), Hunter Swift (CRM), Paul Potratz (Retargeting) Brian Pasch (SEO) and JD Rucker (Social strategy) have all claimed their stake as experts within the industry, while also becoming recognizable personal brands that deliver endless value to their respective companies. What will your area of expertise be in 2013? 
 
Here's to a wonderful and prosperous New Year in 2013. Keep on connecting, leading and learning and make the most of every single day! 
 
Connect with me here on the new DrivingSales: Eric Miltsch
 
 
 

 

Comments

Vision with the passion.......you did not leave anything on the table!

The dealerships that are nimble will adapt to the rapidly changing needs of the consumer, their purchasing behavior and emerging digital innovation in 2013. Those that follow strict adherence to process, structure and organization win continue to blaze the path, those that don't will be pushed further back in the caves.

The consumers are accessing all the information they need to make an intelligent buying decision, the only disconnection is that financing options are currently unavailable at the point of engagement. They can find all makes, models and pricing for any manufacturer, but why allow a consumer to migrate elsewhere to research numerous finance options. We have complete transparency of vehicle cost, used vehicle values, financing should be no different. Making it convenient for the consumer to execute the financial transaction will enhance the buying experience and bring increased efficiencies to the dealership.

The company that figures out how to blend available financing options, and fundable credit approval at the front end of the shopping/buying funnel tied to a consumers chosen vehicle of choice will bring positive disruptive change to the industry......for both dealers and consumers.

See you at NADA and the Presidents Club!

Dec 28, 2012

Excellent thought Allan - financing is surely poised for the next disruption!

Dec 28, 2012

Great article and thank you for the mention, Eric. I really like where you are going with website design standards. I think one of the reasons that customers are using 18+ online/offline sources during their car shopping is automotive websites (OEM, Dealer, and Third Party) are not providing all the information the customer is looking for in one place. It will be a great competitive advantage to the business that can innovate in this space. Looking forward to seeing you at the President's Club in April!

Dec 29, 2012

Great thoughts Eric. I certainly like that video will overtake pictures and certainly agree. I am implementing video with my clients on the vendor side just as I did while in a dealership. B2B or B2C, it is still a human being on the other end. Thanks for sharing. See you at NADA?

Dec 30, 2012

Thanks Chris - smart move w/the videos, the people you;re trying to connect with have just as much, if not better chances, of seeing your videos on their phone than their desktops.

And yes, we'll be at NADA! See you there...

Dec 30, 2012

Very high-level approach Eric, well done and thanks for the mention. This also seemed to speak around the idea of owners and high level dealer executives embracing digital media and fully immersing in the technology. I know of no other way they can truly "get it" and be in a position to make the best digital investment decisions. Your analogy was great, "It's time for dealership leaders to understand how the clock works rather than just being able to tell the time." I might add, they also need to be in a postion to predict what the timepiece of the future might look like.

Dec 31, 2012

Thanks Eric. Honored to be included in such a respected list!

Dec 31, 2012

  • Certified Professional Coach CPC, ELI-MP | Certified Personal Brand Strategist
  • dScore: 0

Did YOU say Personal Branding? Woo-Hoo! Yes, differentiating yourself and your business is key to experiencing success in the coming years. Many naysayers believe that creating a personal brand is a "self-centered" approach to business and is ego driven. This myth is false. Personal branding is not "image management" ~ in other words, creating a personal brand is not about being a celebrity. It is about being authentic in how you act, in what you say, and in the way YOU show up in the search engines. People buy from people they know, like and trust. But before you rush out and start building profiles online, you must know yourself, in order to grow yourself. Once you have a clear understanding of your own unique promise of value (aka; a business value proposition), you can consistently and constantly market yourself to an audience that can and will relate to YOU. The most effective platforms to show up online are those that optimize a users profile, such as; LinkedIn, About.Me, DrivingSales.com, and the latest edition http://www.vizify.com/renee-stuart ~ Thanks for the predictions Eric. If people considered applying just a few of these predictions, their 2013 will be dripping in awesome sauce.

Dec 31, 2012

Great Post Eric.

Jan 1, 2013

"CARstrodamus?" Nice one, Eric. Haha -

Jan 3, 2013

Comments 1 - 10 of 12

You must be logged in to comment

Login Create an account

Add your comments:

   

Eric Miltsch's Recent Posts

Related Posts

  • Get Your Customers Properly Engaged with Your Dealership

    I know. It's a buzzword. It's impossible to keep track of number of times experts in the car business have used the word "engagement" when describing how to get more customers. Engage on social. Engage on search. Engage on YouTube. Engage on your website. It's a mess but it's still important to be engaged with potential customers. On the other hand, it's even more important to be engaged with your past and present customers. The people who just bought a car from you, the people in your service waiting lounge, even the people who bought a vehicle from you a couple of years ago - these are the people that could really use some engagement with you immediately. It gets frustrating to see so many dealers focused on driving new business and conquest business while pretty much taking their eyes off of the low hanging fruit in their database. It's as if the industry has given up on loyalty. It's true that loyalty numbers are lower than ever before. Between the internet allowing further re...Read post

  • Fall into Customer Loyalty with End of Summer

    With Labor Day here and the official start of fall coming up quickly, now is the time to leverage an end of summer campaign to drive revenue and traffic plus gain additional customer loyalty for your dealership. But, what is an impactful end of summer campaign to help you do just that? Before fall officially sets in, try one of these revenue generating campaign ideas. Host an End of Summer Blast Invite customers, prospects, and members of your community to an event at your dealership. Be sure to have appealing activities to attract an audience such as live music, food and beverages, games, giveaways, etc. You can partner with other local business to keep costs down. Make sure to send an announcement to all customers to let them know you’re hosting one last blast before the cooler weather sets in. Beach Ball Blowout Chances are you’re looking to get rid of those 2014 vehicles on your lot to make room for your 2015 lineup. You could host a blowout event at your dealership to offer ...Read post

  • Autotrader vs. Cars.com

    Currently we use both AutoTrader and Cars.com. We have used them both for quite some time. The measurement that we use for them is cost per vehicle detail page. We feel that it is a good measurement for them. In our opinion it is their responsibility to get the customer to our vehicle detail page. We feel that our marketing takes over at that point. (Good pictures, right car, right place, etc.) They are currently below .50 cents per vehicle detail page. We try to keep them under .60 cents per vehicle detail page. My question for the community is this. Do I need both? Based on our reporting both companies are performing well. AutoTrader seems to perform slightly better. They are also a lot easier to work with then cars.com. I just do not know if I would get the same customers with just one of them.      ...Read post

  • Top Reasons Why You Should Buy "Likes"

    There's lots of excitement over buying "likes". But should you? Read this and then you decide.Read post

  • How CPS can help justify your traffic from sites like Autotrader and Cars.com

    CPS stands for Cars Per Shopper and its a number that we have been tracking weekly looking at the amount of shoppers on Autotrader divided by the amount of total..Read post

  • Social Media: When Marketing Becomes Mocketing

    Social media can be a tricky thing. Finding and publishing content that a business’s audience will both enjoy and interact with can be challenging. And as Facebook exposure for business pages is increasingly diminishing, businesses are more dependent on audience engagement than ever for those elusive likes, shares and comments. The type of content posted is highly important as there is a line that can be crossed and turn public perception against you. Sometimes, what may have been a sincere piece of content can be perceived as simply self-promotional.   The reality is that behind every piece of content produced by a business there is a person. Whether that’s one person or a team, ultimately, it can be difficult for marketers to separate personal feelings from their social media content. Take for example the viral campaign to raise awareness and money for the ALS Association named “The Ice Bucket Challenge.” It’s fantastic that individuals are raising money for the ALS Assoc...Read post

  • Consulting Conundrum: “You can do whatever you want, as long as…”

    Yes, this is opinion. However don't take it as fable. It’s the consistent vicious circle in consulting: do it all as long as it’s what is wanted at that moment, backed up by someone else, doesn’t bite back at the factory stance, mostly makes sense and when you can grab the proper attention. And don’t blink because all of that can change with one call or a visit from a nice set of pearly whites with a tan and a low-slung top. In a dramatically fluid world, all of that is a constant. Meeting with a dealer the other day, their factory (only) site has issues, their SEO/SEM isn’t close to completely transparent in work, reporting or results, their new CRM isn’t installed properly or completely and their sales team can’t seem to do their job. And the store is doing, what most would consider, fine. In less than five hours, a solution to every hole that was shot in their operation was provided, a path to resolution (in some cases multiple) was drawn out and improvement benchm...Read post

  • Natural Unselection (It Takes Time…)

    Yes, it is getting more and more difficult for business owners to make decisions today that will positively impact their business, especially in the arena of digital marketing. You might say “bull hooey” and protest that it has become easier. And you’d be half fright… Nothing is more frustrating to a business owner that not understanding something that should otherwise be “easy” to do so. That’s where misguided trust and blind recommendations become so darn appealing. Attend a 20 Group and you just might be amazed as to how eloquent an otherwise inept presenter can be. We live in a world of regurgitated content, many times so prolific that anyone can claim it to be theirs. Car dealers and executive management, typically, know what has been and possibly what is happening now.  They’re still overwhelmingly blind to what is going to happen, even though it’s in front of their eyes. And smartphones. However, the chasm that exists does so simply because the dots aren’...Read post