DrivingSales
WEBINAR RECORDING - Inventory Management Basics for Turbulent Times
Sharpen your pencil. How you appraise a car hasn’t changed, but you need to lean heavier on actual transactional data vs a cost-plus strategy that is going to be distorted in our current market. At the curb or at the block, your acquisition strategies are changing as well, with full access to markets online. Merchandising is more important than ever for digital visibility. Join Tim Scoutelas and Patrick McMullen, as they share what smart dealers are doing to survive the current downturn and thrive on the other side.
Webinar Takeaways:
1. Suggested updates to your appraisal strategy given distortion now of cost-plus strategy.
2. How to look at pricing your inventory now vs a month ago. How merchandising has changed and what are the current best practices.
3. Core store-level analytics. What are the most important metrics on a daily and weekly basis?
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