Hello, Visitor · [ Login | Register ]

Subscribe to DrivingSales  Follow DrivingSales on Twitter  Follow DrivingSales on Facebook

Archive for the ‘Social Media’ Category

Your biggest Social Media opportunity is in Fixed Ops.

Tuesday, March 9th, 2010

It’s no secret that the core of online marketing is quality content.

Good content increases the time visitors spend on your pages, keeps them returning to your site, and engages your audience with your message.  Good content gets linked to, increasing your authority in the search engines and bringing you more traffic.  Good content gives you the ability to place valuable contextual links on your site, making your property more valuable to those sites you link to.  Consumers are hungry for information and they seek quality content, create quality content and your customers will find you.  Make no mistake; going forward your success online will be directly proportionate to your ability to create good content.

fixed-opsIn the world of the social web (which is the world we live in if you haven’t noticed) you don’t have to work hard to find the best content.  You simply login to your favorite community and it finds you.  In the social web your job is to share the content that you like with others.  Sharing is a form of respect.  Sharing content shows respect for the author of the information and for those people you share it with.  Did you know that if you shared something with two people, who each told it to two people, who told it to two people etc, that by the 20th telling you would have touched over half a million people?  That is how viral content works.  You need to create good content and take it to where your customers are, making it easy for them to share.

Most dealers fail at this point in their online marketing strategies.  It’s easy to understand that you need to be where your customers are (on sites like Facebook) but once there dealers tend to bombard customers with ads, inventory and oil change coupons.  Advertisements, inventory and coupons are NOT quality content.  To create quality content you need to answer questions that customers have, fulfill a need of theirs and give them something valuable.

Think about these two facts:
Fact #1. According to the most recent NADA Data report, fixed operations were responsible for over 100% of dealership net profits.  (That means at the end of the year sales was a loser and service made up the loss and then some.)  Yet, look at your marketing efforts.  It’s fair to say they are focused on sales right?

Fact #2. Customers touch a service department at least 10 times for every one time they touch a sales department.  Yet, most of our content efforts are focused on sales aren’t they?

There are huge opportunities for dealership to increase owner loyalty and stay connected with consumers, especially through their relationship with your fixed operations business.   Customers have tons of questions that can be answered through quality content about caring for, maintaining and understanding their vehicles.  Your CRM system helps you maintain customer relations through transactional communications; social media helps you maintain customer relations through conversational interaction.  Social media is truly relational messaging and it mirrors the way we maintain connections to people/brands in the real world.

To get started is simple.  At minimum it requires a dealership blog and some creative thinking.  Hold a brainstorm session with your service advisers and list as many of the customer questions they can think of that they get asked every day.  The questions will vary from “How do I set my clock?” to “What is causing my check engine light to go on?”  List the questions in order of how often they get asked and that becomes your editorial calendar.  Write an article and post it to your dealership blog weekly, link it on your Facebook page and tweet it out.  Yes, the social media formula is easy; provide quality content your customers are looking for and place it where your customers are.  As your traffic and number of followers grows it will be important to begin watching site metrics to optimize the site to convert the visitors.

The social web is about people, just like the car business!  It’s a perfect scenario for dealers.  Focus on your fixed operations and you will find a gold mine of valuable data to share with your customers.  Dealers who create quality content will have the customers coming to find them, a position most stores are not in today.

Id love to hear your thoughts on this topic, both good and bad.

…and P.S. If you like it, share it.

Share and Enjoy:
  • Print this article!
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Reddit
  • Twitter

Five Strategies for Social Media ROI

Tuesday, December 15th, 2009

Five Strategies for Social Media ROI
Social media is relatively new and critics often state it does not produce concrete measurable results and thus is not worth your time.  This is false.  Here are five concrete, value-boosting strategies that your store can use to benefit from social media.

Social CRM
Your dealership should already have a storewide Customer Relation Management system to help you track and transact with your customers.  Social CRM has a parallel goal to your CRM system, to maintain and strengthen ongoing relations with your customers.  However, Social CRM is much less focused on creating transactions, and much more focused on creating strengthening relationships.  These relationships are built and maintained through efficient conversations on social media sites.

High quality content that engages customers and creates ongoing dialogue is the key to social CRM.  When your customer has a question about a 60k mile service, the answer should be found on your blog.   When you sponsor your customer’s little league team you should be posting pictures, articles and stats about the team.  When your local bank is raising money for a charity you should use your social assets to support them.  If your OEM has a recall, you need to transparently blog about it as soon as it happens.  Anytime someone comments on any of your posts, you should answer them.  Likewise the dealership social manager should be an active participant on other community forums.  Don’t just participate on your site, that is not being a good online citizen.

You should reach out to your customers in the communities where they already participate such as Facebook, Twitter and Youtube.  You will sometimes bring these users back to your blog through links.

Branding:
Your branding goal is to solidify your name in the market as synonymous with the brand values you stand for.  When someone hears, “Your Dealership Name” they should think, “Best price with no haggle” or whatever your brand stands for.  Social media is an excellent medium to build your brand because you do not have any constraints of the 15-second TV spots, 30-second radio remotes or the price of the airtime.  Tell your story in conversational ways.  Use video, blog posts and tweets to share content that stands for your brand.  The content should NOT all be created by you, share other people’s content too.

Remember, your content will consume and shared in direct proportion to its quality.  Your view on what is quality content and your customers view are most likely very different things.  In this case your opinion does not count!  The customer is in control; give them the quality content they want.

Reputation Management
Another important part of social media is defending your brand through reputation management.  Use a “listening tool” to follow the dealer rating sites, blogs and social networks.  Track keywords such as your name, OEM name, competitor’s names and other names of interest to your brand.  Have a plan for leveraging good comments about you, and engage the negative comments to solve problems.

You need to be nimble, transparent and calm in responding to user reviews.   If there is a problem at your store fix it, and let the customers know of the resolution.  You will be rewarded not because you are perfect in execution, but perfect in effort.

Traffic generation
Since the future of marketing is about content, and the better your content the better advantage you will have at building traffic.  There will be a natural boost of traffic from your participation in other communities as users follow quality links that you leave.  Think of links as paths back to your website.  The more legitimate links you have, the more traffic you will garner.  The better your content, the more reason people will have to share your links.  Become a destination site by sharing good content and measure the traffic gains and leads from your Google analytics.

Inbound marketing is important, be a magnet for consumers by being the best place for them to get information.

SEO Value
Links around the web not only create multiple paths back to your site for human visitors, but they also act as “votes” for your website when Google determines your site’s authority.  The more quality inbound links you have that say, “Honda Accord Boston” helps Google rank your site higher for the search term “Honda Accord Boston.”  Now, there are lots of other factors in determining your site’s ranking, and poor link building can actually hurt you in Google’s eyes, but correct social media participation can be an excellent source of link juice.

In addition to the value of the links you will notice that pages that you create on social sites can often rank quite easily themselves for long-tail keywords.  For example perhaps you create a presentation about “getting the most for your trade in” and share the presentation on a site like slideshare.net.  That page on slideshare could rank for the term, “getting the most for your trade in.”  Google visitors that are searching for help with trade in valuations will find this slideshare page and if your content is good they will come from there to your site.

In this example you will get positive branding, link value from the post, another page that ranks in the SERPS and additional referral traffic.  All these benefits can come from one correctly done, high quality post on a social site.

Its not rocket science. Don’t be afraid because of the “Nay-Sayers.”
Look, social media is the Wild West right now and there are lots of people causing dealers to fear this medium.  These critics do not do not understand social media themselves.

Social media is not rocket science and there are substantial benefits to being involved.  Don’t be shy.  Get involved.  Invest some time and try things out.

I hope these five strategies help your store gain a better perspective and direction.  Please share your successes and failures with social media…

Share and Enjoy:
  • Print this article!
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Reddit
  • Twitter

Welcome to the ALL NEW DrivingSales, the largest automotive best practice community!

Tuesday, August 4th, 2009

DrivingSales has been re engineered from the ground up to be faster, offer more features and help you easily find the profit building information you need to maximize your success.  I wanted to offer a quick tour of the new features so you can get the most from your experience in the community.  If you are not a member yet, join us by creating a profile here.

Filters: We have added filters (in the left column) so you can organize the steady flow of content by dealership department and action.  For example, you can view best practices relating to “Growing Sales” in the “Used Car” department, “Cutting Costs” in “Fixed Operations” or an unlimited number of options.  Simply click the departments and actions you wish to view.

Content Creation: Creating and sharing content is the foundation to social media and communities like DrivingSales.  We have added a “Create Some Buzz” box in the top right corner of every page to allow for one click content sharing.  Ask a question in the discussion forum, share a link to a good article you have read, upload a video and more, all from one location!  We’ve made it easy for everyone to create content and make a name for themselves.

Profiles: The new profiles are MUCH more dynamic and similar to what you see inside other social networks like Facebook.  Your new profile allows you to update “what you are doing” in real time, have a custom “Activity” feed of content based on your “friends” best practice activity.  In addition we have added:

  • Info Tab: to keep your public resume information up to date. Only those you are connected with can view your contact info.
  • Friends Tab: to see what best practices your friends are engaging in and to communicate directly with them.
  • Endorsement Tab: for you to write and receive letters of recommendation from professional colleagues.

Just like sharing content, connecting with or “friending” associates, is at the foundation of your social network experience.  Be sure to connect with those you know and invite others who have yet to join the community.

Vendor Ratings: We have added new categories and made the process to rate and review your vendors much easier.  The products listed are WIKI, so if you find a company or product missing, simply add its description and be the first to rate it.  Remember, this feature is open for all edit the wiki pages, but only Dealership employees can rate and review vendors to keep the ratings fair and accurate for all vendors.

Thank you! The is lots of growth ahead, but we have come a long way!

While we just built this new platform from the ground up specifically to meet the needs of the auto industry community, don’t think we are stopping here; this is just the tip of the ice burg.  Development is already in the works for new features and to push what you see to the next level.  Most of our current features were direct requests from members and going forward we will continue to seek your guidance to make sure we are delivering the best collaborative solution for the industry.

It’s wild to see the community grow and evolve.  I started DrivingSales back in 2003, long before social networking was a popular buzzword; and we just passed the 1 year mark since we opened up what was a private community to the entire auto industry.  I would like to give a special “thank you” to all the loyal users who have contributed time, feedback and knowledge to make DrivingSales the resource that it is.  We currently deliver best practices to tens of thousands of professionals in 6 countries around the world… not bad for a project that started as a class project at Dealer Academy!

We are looking for all the feedback we can get.  Contact me directly, respond on the discussion board or just leave a comment here regarding your thoughts of the new release… talk to you all soon!

Share and Enjoy:
  • Print this article!
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Reddit
  • Twitter

Common Social Media Mistakes

Monday, February 9th, 2009

Social Media Marketing is a great way for companies to engage and energize their audience.  Dealerships and other companies are moving to these mediums to extend their marketing.  While the benifits can be big, there are some very common mistakes that businesses so regularly made it’s almost embarrassing to admit.  Commiting these errors could cause a disaster for your brand that will take a while to repair.

Here are some mistakes to avoid:

Mistake # 1.   Interrupting and shouting.

Social Media Marketing is about connecting and creating conversations around your brand or areas of expertise.  However, marketing professionals have been trained to grab the attention of the consumer and insert their message inside the short moment that they have captured. This does not work on social mediums.   I liken this to sitting around the coffee table talking with friends and interruping with your company’s call to action at every pause in conversation.

Constant "call to actions" would be rude in a physical conversation and are considered interrupting and shouting in a social media setting.  Everyone that has had dinner with a sales person who does not stop pitching their product knows how annoying this can be.  The good news is that people are on social mediums because they want to be involved and they willfully give you their attention, just don’t abuse it by shouting back or you will turn everyone away like the annoying sales person.

Mistake # 2.    Using your PR/Corporate voice.  

As an extension to point #1, when you converse with friends around a coffee table you so with YOUR personality.  This is not a time for PR style language, or corporate speak.  When talking with others on social mediums use vocabulary and tone like you do in person, it should NOT feel like your PR manager is speaking through you.  A general rule of thumb: If you would say it over lunch with an associate, the language is ok.  If your statement could be printed on a brochure than most likely it is too unfamiliar and will not resonate well with your audience.  People will avoid you if you talk like a brochure.

Mistake # 3.    Not being a good citizen.

This rule is simple, but so often over looked!  You must give before you can take.  You give by participating and sharing your knowledge.  Be a good citizen by answering questions, commenting posts or rating contents to make the community a better place.  Those who are good citizens in the communities in which they participate always receive the greatest return on their participation.

Often the first step a company makes when getting involved in a community is to leave a response like this, “We have a solution to that question, see it here <link>.”

While this activity will not get blocked on most networks, it may as well be! That is one of the fastest ways to get people to ignore you.  In the physical world, sales people have always been trained that until they build value, they have no right to ask for the sale.   The same is true on social media. Being a good citizen builds your reputation and through that you will earn the right to present a call to action.  Be a good citizen and give before you try to receive.

Mistake # 4    Keeping too much control

Companies like control.  Dealerships have had control for decades but the Internet, and now the social web, has eroded that control. Don’t worry!  This is not the end of business, as you know it.  It just means you have to be a bit more open to succeed in the social, user-generated environment.

Companies should give guidelines to their employees and then encourage them to participate as actively as possible in the communities relevant to your brand.  If you offer good products and are genuinely concerned about serving your customers with value, then you have nothing to fear.  No, not every interaction on social mediums is positive, but neither are they in the physical world that you have already succeeded in! So what are you so worried about?  Your employees (if given the tools,) and your current customers (if engaged properly) will become your greatest ambassadors if you allow them to.  Your message will spread faster, wider and cheaper than ever before.  This requires a more open policy than most companies are use to, but isn’t this why your company is involved in social media in the first place, to extend your brand?  Let your brand grow by allowing your army of greatest enthusiasts spread your message.  You will not succeed without being more open.

Mistake # 5.    Inconsistent participation.

Lastly, if you were to join two customers at the coffee table who were talking about your brand, and you only said one sentence then remained silent through the rest of the conversation, how effective would your communications be?  The same is true on social media.  Engagement requires constant participation or the conversation will pass you by.  Set realistic goals, be involved daily or weekly and stick to the schedule.  Most communities have ways to be alerted and reminded of conversations that you should be involved in.  Staying involved can be a simple few minutes a day, but disappearing when a conversation is about you is not a good way to engage your audience.

Mistake #6  Being too afraid to try.

Most of you are probably reading and thinking, "this is common sense."  I completely agree, social media engagement is common sense!  If you have good “in-person” social skill, then social media marketing will be natural for you, but you have to try.  One this is ceratin, sitting on the sidelines will not make any progress!  Get involved, leave a few comments and enjoy yourself.  Most companies screw it up when they put their "marketing" hats on and look at the mediums as completely transactional or over analyze every comment they leave.  Experience has proven that transactions happen, brands grow and your message will spread best when you treat "engaging your market on social media" as you would if you ran into a customer on the street.

Be yourself, be helpful and be active!  With that, there are many experts out there reading this.  What are some other common mistakes that should be added to the list?

 



Share and Enjoy:
  • Print this article!
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Reddit
  • Twitter