Find out why over 1,200 dealers have already made the switch to Auto/Mate and experience the DMS that does business differently. LEARN MORE
I will be the first to admit that I am usually in a hurry and want results immediately. In our industry we all seem to want immediate results right? It can be discouraging for many of us with that mindset and it affects more than we know in both our personal and business lives. I am going to take a moment and write on how over the last 100 days, being in a hurry kept me from having success with a product I am using: Autotrader’s “Trade-In Marketplace.”
This is not a “pitch” by no means. All of us here use DrivingSales.com to share best practices to help the entire industry get better at what we do and I wanted to share something working for me.
I want to first share a few points of being in a hurry that have helped me refocus and take a different approach:
After I assessed the above, I then took the next steps:
Now in regards to the “Trade-In Marketplace” leads, it definitely was our approach and process in converting these leads into appointments. This is not to be combined with how we use it in the showroom. Coming from the BDC/Internet world, we have been approaching these leads in the wrong manner. I am accustomed to receiving a lead, followed up with a personal response via email / video and then an immediate phone call or text unless the client requested email communication only.
With the above approach, I encountered very little contact and think many others witnessed the same. I became discouraged because I am eager, in a hurry if you will, to make contact and close the appointment. Now I am not saying that I never made contact with any but the percentage was much lower than the others. It didn’t make sense.
I then realized, which was tough for me that these leads have to be higher up in the sales funnel. Really? They are online, took the time to enter their information, and are not ready to buy now? I will say yes. They aren’t much higher up the funnel but definitely are. So what did we do to change our results?
I recently received notice that you are looking to sell your 2007 Infiniti FX35. Is it still available?
I see you received an electronic quote. I now have the "real time" ability to get you the most for it by allowing millions to see it and bid. During your visit it will take only minutes and is a guaranteed. This, without question, will ensure you get the best value.
I will be in the office until 9PM and look forward to your call, text or email.
757.289.1860 wireless / text
Hello Chris – this is Chris Costner following up on my recent email on the availability of your 2007 Infiniti FX35 – still available?
These two subtle adjustments in our approach have increased contact dramatically. Now its time to overcome the normal objections we all hear and close on the appointment. This was the point with these leads I was looking for and didn’t get to it with normal, “Thank you for choosing…” approach used with other opportunities. In addition, with my experience, bringing the client further down the sales funnel immediately.
I have had more contact, appointments set, shows and deliveries over the past two weeks than I have had since inception. Will it work for you?
Good Selling Everyone.