DrivingSales
WEBINAR RECORDING - The New Reality of Inventory Management
A lot has changed in the last few months, we'll make sure you are ready. Certified Pre-Owned is going to be key for the next 120 days with 0% offers moving from new to used given tightening supply. We'll give you three great ways to support your program. Knowing what you need to stock and being creative in sourcing inventory will help your dealership outperform the pack and avoid the auction. Merchandising is more important than ever for digital visibility and fully supporting the value with your customers.
In this live training session, we had a great discussion with Mike Cavanaugh and Tim Scoutelas on what smart dealers are doing to thrive in today's shifting market.
Key Takeaways:
1. Suggested updates to your appraisal strategy.
2. How attention to merchandising can grow your total gross profit.
3. The dealership-level performance metrics that matter most right now.
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1 Comment
Tim Scoutelas
MAX Digital
Thanks for allowing us to host this discussion. We know sourcing and managing preowned inventory in the current environment is frustrating and the strategies discussed in this webinar are not easily implemented or executed. However, consider the costs and risk associated with buying from auction. Spend the time effort and money in your processes and people at the dealership and source more inventory from the curb or non auction sources and you will be a much healthier dealer. Feel free to reach out to me directly if you would like to discuss in more details any of the recommendations or topics we covered in this video. I enjoy talking process and people.