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Jared Hamilton
From: Jared Hamilton
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Dave Page

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Why 50% of Your Used Cars Won't Sell

Digital marketing is continuing to grow in all industries and now accounts for 1.5 out of every 4 dollars spent in the auto industry. That being said, we also know that 90% of all customers that enter dealerships have done some sort of browsing on the Internet before purchasing a car. Google is predicting that digital advertising in the auto industry will quadruple over the next few years.

Looking at the numbers, 50% of all visitors that come to ANY car dealer’s website from any source, click on the “Search Used Cars” button.  This is great information to know, but doesn't necessarily tell the complete story when it comes to helping customers find the right car they are searching for. The story and question I would like to discuss is this; what is your “used car digital strategy” to get customers' eyeballs on all of the different brands of inventory you carry? For example, when I look at most Chevrolet dealers' inventories, I see that at least 40 to 60% of the used cars on the ground are not Chevrolets! So again, my question is this; how do you plan on selling those 15 Fords, 9 Nissans, 8 GMCs, etc. from your inventory when most customers look at your dealership as a “Chevrolet Dealership? see the screenshot below for a typical dealership's used car inventory (Chevrolet Dealer)

Used Car Example

Please don’t tell me you are hoping that the 50% of the customers clicking on your “Search Used Cars” button is your strategy? Or let me guess, you have “a guy” who does search engine marketing for your dealership?

This is where strategy comes into play, and where NO dealership can pull off the feat that DIGITAL AMMP can. If I were to tell you that I could write 10 different ads per used car unit, start and stop these ads when cars leave or enter your inventory (or when too much is being spent per car), while only showing these ads to consumers on Google when looking for that exact vehicle, would you be interested? Of course you would!

Dealer e Process Digital AMMPPPC Vehicle

Let’s put in perspective what this does for your dealership on numerous levels.

  • 122 used cars in stock = 1220 new ads written daily on Google based on the data
  • Know the dollars spent per used car until sold
  • Know how may VDP views per car as a result of digital marketing
  • Know how many leads,  calls & chats were generated per car as a result of Digital AMMP
  • Maximize budget – stretch your dollar further than ever before
  • Landing pages determined by inventory make, model, price, inventory count, age of vehicle

 

Here’s the Tip:  If you want to move your used car inventory, let Digital AMMP do the heavy lifting. Displaying the right ad at the right time to the right person is the ONLY digital marketing used car strategy you should have! Your "guy" cant do that!

Andrew Metcalf
Are these ads also being retargeted from VDP views or can they be? The UI looks very transparent in calculating where each dollar is going!
Dave Page
Once we drive the customer to the website whether to dynamic VDP or SRP we can than retarget the customer by ALL vehicles clicked, not just the page originally landed on. Pretty Sweet!
Jim Bell
There are a few companies out there that provide this service and I love it. It puts the customer right on the page of what they are looking for.
Frances Bergman
I agree with Jim and this is the perfect way to take the customers to the products they want. I too have purchased a used car from such a place. http://www.autoreflex.com/citroen-occasion.asp

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