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Jared Hamilton
From: Jared Hamilton
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Eric Miltsch

Eric Miltsch President

Exclusive Blog Posts

* The Recruiter* Episode 3 Law of Diminishing Return

* The Recruiter* Episode 3 Law of Diminishing Return

When do you hire and how many? what are you basing your decision on? Don't decide by how many desks you have or that's what you normally run with. …

Lenders must lend or drivers won't drive

Lenders must lend or drivers won't drive

In my opinion, sub prime customers are being considered more risky by the lenders that once targeted them. Even traditional co-signers are proving not to b…

4 Reasons to Improve CRM Utilization in 2017

4 Reasons to Improve CRM Utilization in 2017

Yes, dealers are creating a tremendous amount of data. The problem is, most of it is junk. Data is like this 1958 Tops Baseball Card complete set. You have…

Your Car Repair Shop Should Appeal To Parents Whether It is At a Dealership or Privately Owned

Your Car Repair Shop Should Appeal To Parents Whether It is At a Dealership or Privately Owned

Running an auto repair means that you have to take care of all kinds of details including scheduling, discipline, and customer service. Giving a customer t…

6 more reasons why we MUST move Techs to $40 to $50 an hour soon

6 more reasons why we MUST move Techs to $40 to $50 an hour soon

If you have followed my published articles in the past about retaining Techs (based on being a former dealership Fixed Ops Manager and my 17 years of r…

So Yahoo Bought Tumblr. What Your Dealership Can Learn From It.

Yahoo buys TumblrBy now you've heard Yahoo announced they plan on aquiring micro-blogging platform Tumblr for $1 Billion. The news made CEO David Karp a very wealthy 26 year old, it scared off a few die-hard Tumblr fans and probably makes Yahoo shareholders a little nervous. 

But, what does this signal for the future of social media and user generated content? Whether or not this deal proves to be fundamentally sound, it does point to the perceived importance of user generated content, how we interact with it and how the market perceives the value of this platform. (Tumblr only generated $13 million in revenue last year.) 

The theme here is that Yahoo is fearful of becoming the older, out-of touch player in a new world of social and content. Yahoo's power hungry CEO Marissa Mayer is placing a sizable bet on the fact that Tumblr's younger, more socially active user base can inject a cool and edgy lifeline back into it's veins. 

It all comes down to content. The media giants need it; users want to create it and they need a place to consume it. This is today's Internet and the next wave of Internet users are going to change  the platforms and distribution methods faster than what we're already familiar with happening. It took Twitter six years to go mainstream - six years could eventually become the entire lifespan of a billion dollar company from start to finish at the rate mega brands are swallowing up high valuation start up companies. 

Consider the content you're creating, the platforms you're using and who's using them. Content discovery is changing and so is the way brands are marketing to these users. Watch for these new alternatives to present themselves and consider how they can help your dealership. 

Does your dealership use Tumblr for creating content? Here's an old example of how I used Tumblr at my dealership to create hundreds of interviews with our twitter followers and customers.

 

David T. Gould
Couple of days yet no comments here Eric... The Yahoo Tumblr purchase magnifies the single most important part of every dealer's digital marketing plan... Content. That is all Tumblr is... Interesting content. Businesses need it, internet users require it (if you want their attention). The importance of content is not new. The value of it monetized in the billions is... Consider how good Google and other search engines are today... Given something to search, with even minimal title / tags, they will find it. BUT... there has to be something for the search engines to find for this to work. Great topic, unfortunately it will likely slip by barely noticed by those who need to see and understand it most. (hopefully others will prove me wrong) DTG

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