Hunter Swift

Company: DealersGear

Hunter Swift Blog
Total Posts: 26    

Hunter Swift

DealersGear

May 5, 2015

Dealers Still Not Embracing Data Mining

According to new data compiled by DealerSocket, dealers are still focused on driving new traffic into their stores from webleads.

The issues with webleads:
-Cost $20-$50 per lead
-No exclusivity
-Little info, lucky if you get a phone number
-Low gross
-Low CSI

Benefit of using CRM/Data Mining:
-Low cost, dealers already own customer
-Use data to find people in equity, lower payment, etc
-They know you
-Send relevant message to right person, at the right time, for the right reason
-Exclusivity and ability to pull customers into the market before they submit a weblead
-High Gross
-Higher CSI

While dealers are seeing the advantage of Data Mining and using tools to do this, data shows that dealers still have yet to embraced it.

Marketing spend by dealers is as high as 70% directed to drive new traffic to the store and as little as 5% on repeat customers.

Many dealers using Data Mining tool still don't have a great appointment process in place. Average dealers only have 7% appointment set with Data Mining vs 36% of webleads that had an appointment sceduled.

To further show the lack of process for Data Mining is shown by the average response time for Data Mining notifications of 117 minutes versus 16.4 minutes for new webleads.

This data shows that dealers are not embracing Data Mining and still focused on leads (the low hanging, low gross fruit).

Maybe this data will convince dealers to focus more on Data Mining…

Visit to Sold Percentage by Source:
-Data Mining 70%
-Internet 58%
-Phone 51%
-Floor 30%

 

About Hunter Swift 
Hunter Swift is the Director of Sales Development at DealerSocket and has been with the company since 2005. In addition to his current role, he has fulfilled the responsibilities of customer support, consulting, training, and sales. Hunter specializes in helping dealerships improve sales and follow-up processes through the use of CRM technology. Hunter honed his dealership skills as a salesperson prior to joining DealerSocket. He has earned a Business Degree from Pepperdine University. Hunter can be reached at hswift@dealersocket.com and on social media at @HunterSwift.

Hunter Swift

DealersGear

CEO

3554

2 Comments

Megan Barto

Faulkner Nissan

May 5, 2015  

Hunter, you & I have discussed for YEARS the importance of Data Mining - it baffles me why even to this day dealers don't do it. Great post. I'd rather have less leads & higher quality than more leads & crappy quality. Who's with me?

Alex Lau

AutoStride

Jun 6, 2015  

Dealers aren't embracing a load of digital marketing services, not just data mining. However, I agree with your statement. Additionally, there are a lot of marketing groups out there that give dealers bad advice and don't follow up properly on how to properly execute data modelling.

Hunter Swift

DealersGear

Dec 12, 2014

CRM and your Brand

Why you should focus on your CRM to tell your Brand story.

A dealership’s reputation is often determined by the customer’s last experience. If they had a positive experience, they will most likely be willing to share it with others. The same is true if they have a negative experience. Thus, it’s important that dealerships strive to create a positive experience for everyone who interacts with their dealership. Any interaction customers have with your dealership is a reflection on your brand.

Branding is not just a marketing responsibility, but also something that everyone at the dealership needs to be part of. That’s why hiring the right person, training them the right way, and having the right tools available are essential to not only give your customers a great experience, but also to help build your brand and customer loyalty.

One of the most influential tools dealers can use that affect a customer’s experience and branding is your Customer Relationship Management (CRM) tool.

RELATIONSHIPS

The days are gone when dealers relied on their CRM to simply manage leads and customers. Today, the most progressive and successful dealers are using their CRM to manage the relationship with their customers. They are using their CRM to tell their “brand” by developing and managing long-lasting positive relationships and creating the ideal customer experience, while making customers for life.

This is only accomplished by offering a positive customer experience through marketing, prospecting, the entire sales process, the sales follow up, and service.

DATA VS LEADS

Dealers often neglect their customer database and spend too much time, money and effort into acquiring new leads through advertising and third-party lead providers; leads that often have very little information, and do not even have dealership exclusivity. If dealers focus only on attracting new customers and don’t serve their existing clientele, they run a serious risk of losing the loyal customers they previously worked so hard to acquire. The use of CRM allows a dealer to capture a valuable database of information that it can use to better the way it interacts with its customers, and increase customer retention.

Today, we know more about a customer than ever before. We know every call, email, letter, and text that has been sent. We know where they live, their phone numbers, their email addresses. We know every lead they have submitted, every vehicle they have ever looked at. We also know what vehicles they own or have previously owned. We know their service history and average repair order cost. We know the estimated mileage, trade value, and if the customer is in an equity position.

We have all of this data, but are you using it? Do you have processes in place to know and understand who your customers are? Dealerships need to access this data to cater marketing and follow-up to their customers with relevant and timely messages, through the customers preferred method of communication. Are your marketing efforts aimed at the 2 percent of people who are in the market for a new car or the 98 percent that are not?

CRM AND YOUR BRAND

Customers are loyal to a company or a business because of the quality of their product and/or the excellent customer service they receive. Because dealers do not have exclusivity on the products they sell, customers have many options when it comes to purchasing a new vehicle. With multiple dealerships selling the same cars, the distinguishing characteristic is often how you treat your customers. It’s not so much what you are selling, but how you are selling it. CRM technologies allow dealers to distinguish themselves by the service they provide. Dealers often talk about how they are dedicated to customer service, but applying it is an entirely different matter.

As mentioned before, your brand is determined from the relationship between the dealership and its customers. This evolves from hundreds of small interactions (leads, phone calls, emails, visits, service). These interactions add up to build or destroy the dealership’s brand. Since a majority of these interactions originate in the CRM, it is important that the CRM matches the brand or image you are trying to portray. A positive customer service experience must be applied to every customer touch point.

To your customers, branding is largely about faith; believing in something they can’t see, and trusting you when the dealership says, “We care.” Ultimately, people don’t trust companies, they trust people, making it critical to build this trust. When a salesperson says they are going to call the customer back tomorrow, the CRM needs to prompt the salesperson to call them. If a customer says they don’t want to receive any calls at home, that should be respected. They expect when you email or send in a lead that the dealership will be quick to respond. They trust that when they give you their email address that you are not just going to spam it, but give them something of value.

TODAY’S CUSTOMERS

Today’s customers do not want to be “sold.” Most often, by the time they’ve contacted a dealer, customers have done their due diligence. They just want someone to engage with, to help them, and to celebrate with them when they make their decision. Customers are more likely to do research on the company’s brand, such as looking at online reviews or social media posts regarding past customer experiences. Apart from price, why should customers buy from you? It should be all about the experience. With the use of CRM technologies, dealers can better serve their customers, speed up the sales process, and create a positive experience.

CRM EXAMPLES THAT DRIVE POSITIVE EXPERIENCES

Use CRM Desking multi-payments to present numbers and allow customers to choose their payment versus being pushed into a payment. This speeds up the negotiation process, improves CSI, and helps you hold gross.

When someone comes in looking for a used car you don’t have, instead of letting them leave, search your CRM with your prospect for customers you sold that vehicle to 3-4 years ago. Offer the owner of the possible trade a free car wash or oil change for bringing their car in.

Create customized business campaigns designed to send the right message, to the right person at the right time.

Integrate sales and service by introducing recently sold customers to the service department and to your website to set their first oil change. Then meet them in the service drive when they come in to follow up with the sale and ask for a referral.

Use the CRM’s data-mining tool to find specific customers in an equity position that could qualify for a lower payment by getting them into a new vehicle.

Incorporate a mobile CRM to allow your salespeople to be 24-hour salespeople, where they can enter and follow up with customers wherever they may be.

NEGATIVE EXPERIENCES

We can’t control every interaction, and negative experiences are bound to happen. But you can control how you react to negative experiences. You should make sure you have a way to uncover negative experiences through surveys. If you receive a negative survey you should quickly enroll those customers into a campaign where it notifies those that can correct the problem, and immediately reach out to resolve the customer’s issue. Communication is key to great customer service. Surprisingly, these customers become some of your best customers after you have spent time listening to them and resolving their issues. Learning from your mistakes is also an important aspect of good customer service. Documenting heated issues into the notes in your CRM helps to ensure you don’t make those same mistakes again.

REWARD LOYAL CUSTOMERS

Do you know who your most loyal and long-standing customers are, those who have bought more than four vehicles, or spent over $100,000 at your dealership? Use your CRM to identify and segment these customers so it will notify you when they visit your store. Create a customer appreciation campaign to thank your loyal customers and reward them for their repeat business. Offer sales and service discounts to entice them to continue to do business with you. Offer incentives for their referrals. Invite them to special VIP events, like new model introductions or a customer appreciation party.

Using a CRM will help you stay on top of your customers and ensure you’re being proactive in maintaining positive relationships, not just responding when something goes awry. Your CRM will be taken to the next level when combined with marketing, branding, and customer satisfaction. Dealers will be much more efficient when they use their CRM for more than just a storage bin for contacts. Fully utilizing your CRM to manage the relationship with your customers will help create a better overall experience for your customers, increase your CSI, and ultimately grow your brand.

About Hunter Swift

Hunter Swift is the Director of Sales Development at DealerSocket and has been with the company since 2005. In addition to his current role, he has fulfilled the responsibilities of customer support, consulting, training, and sales. Hunter specializes in helping dealerships improve sales and follow-up processes through the use of CRM technology. He is known for his ability to connect with people and demonstrate his knowledge to help others solve their problems. Hunter honed his dealership skills as a salesperson prior to joining DealerSocket. He has earned a Business Degree from Pepperdine University. Hunter can be reached at hswift@dealersocket.com and on social media at @HunterSwift.bb087f6a9a8b8912c7925b61e2e0821f.jpg?t=1

Hunter Swift

DealersGear

CEO

5263

2 Comments

Tom LaGard

Lacentric

Dec 12, 2014  

So what is the current status of CRM's out on the market today? Do more places create there own or do they use a third party? Is there a need for one that meets the requirements of today's dealerships? I would like to hear what everyone has to say.

Alex Lau

AutoStride

Dec 12, 2014  

Whatever you do, don't use CarResearch XRM.

Hunter Swift

DealersGear

Feb 2, 2014

Holding Your Salespeople Accountable

7065f715c349238afb78fea84d8c63a6.jpg?t=1When I sold cars I remember multiple times when the sales manager would tell the salespeople to make their daily follow-up calls and some salespeople would simply respond that they had completed their calls, even when they hadn't.  It became a constant battle.  Apart from not making the calls, these particular salespeople were notorious at finding ways to cut corners and cheat the system.  I know not all salespeople are like the ones I worked with but how do we encourage our salespeople to be accountable for their daily, weekly and monthly activities?

In today’s dealership, 80% of the leads received come through the phone and/or internet.  That means that 80% of your business is dependent on your salesperson’s ability to schedule appointments that drive people into the showroom.  CRM utilization becomes critical when managing these processes that are attached to your leads.

A CRM tool should allow salespeople to achieve new levels of production with unsold AND repeat customers, thereby increasing their personal incomes.  CRM enables salespeople to work more efficiently, be better organized, and better manage time and relationships.  The benefit to the dealership is that managers have access to reports that enables them to monitor all activities and can help coach and motivate each salesperson.

The reason accountability was low at the dealership where I worked was because the managers weren’t doing their job of monitoring what was going on every day at the dealership.  What they thought was being done in the dealership often wasn’t and they had no concrete way to show that it was or was not happening.

In order to help improve accountability I suggest utilizing these reports to track the number of new opportunities that your salespeople are entering into the CRM.  Nothing is worse than seeing someone take multiple ups and not having any of the customers entered into the CRM.  A rule many dealers have is “if it isn’t in the CRM, it didn’t happen”.  If everything is not getting put into your CRM, it throws off your marketing and ROI reports.

The second key metric is phone calls.  It is important that your CRM is integrated with your phone system in order to track outbound phone calls.  Having your salespeople mark all of their calls completed is one thing, but it’s better if there is proof that they actually made the call and how long they were on the call.  Looking at the data that I have compiled, the top salespeople are constantly those who take the time and make the most calls.  If your state allows it, I suggest recording your calls. This is great for managing quality and training. Make sure you are also monitoring inbound calls.  It is easy to think since the customer is calling you that it might not need to be monitored like the outbound calls, but most customers are calling multiple dealerships and this is often the first contact the customer has with your dealership.  If your salespeople don’t handle inbound and outbound calls correctly it will ultimately affect your conversion rate.

E-mail and weblead tracking is also important.  You need to know how many e-mails the salespeople are receiving and sending out, as well as how long it is taking them to respond to their webleads.

Salespeople love people that come in and buy, but what about those that don’t buy or those that they talk to but are hard to get in touch with afterward?  Are they reaching out to them?  Make sure you are looking at reports that reflect this data.

Pipeline Management is a key for success.  When salespeople get busy, the first thing thrown off their plate is prospecting. When sales people stop prospecting, the pipeline eventually runs dry. Make sure when you are tracking calls that you know what types of calls the salespeople are making and that there is always a focus on prospecting.  Salespeople also have a tendency to move people to Lost.  Often, this is a way to get the CRM follow-up to stop or to hide those customers they did badly with.  Do you have a review process in place for a manager to look at each lost deal and try to “save a deal”?

Some CRM tools have a daily activity report or check out report that shows everything the salesperson has done for the day (ups, appointments, calls, talk time, e-mails).  One dealership with which I was working had a problem with accountability, so they instituted a new process: before a salesperson left for the day they would print out a report and give it to their manager to check out.  The report told the manager everything they had done as well as all of their calls (Daily To Dos) that they didn’t complete.  Quickly, managers were able to see what had been done and what had not been done.  Often, the manager would send the salesperson back to make more calls before they left.  Salespeople began to feel ashamed when they handed a manager their sheet that said they didn’t do anything which motivated them to make more calls.  The dealership drastically improved their follow up process and began to see an immediate increase in their sales.

Having a plan and setting goals is also an essential part of improving accountability.  It is crucial for salespeople to establish a set of daily, weekly and monthly benchmarks that help them measure and manage their ultimate goal.  If the goal of each salesperson is to sell X amount of cars, don’t focus on the end goal, but actually the activities that will help them reach that goal. It also helps if the salespeople are included in setting the goals.  If you do this, they should have a personal stake in the outcome.  Without inclusion, salespeople will figure out the best excuses in the world why they can’t achieve.

If you have a salesperson who isn’t taking responsibility then you may need to mentor them individually.  Focus on their behavior and the problems it is causing and not on the person.  They need to be held accountable for their actions which can include low prospecting activity, not meeting sales targets, or low margin sales.

As accountability grows, your salespeople will form a good habit of doing the things they must do on a regular basis and will help them on their way to becoming a top producing salesperson.

 

Hunter Swift is the Director of Sales Development at DealerSocket and has been with the company since 2005. In addition to his current role he has fulfilled the responsibilities of customer support, consulting, training, and sales. He specializes in helping dealerships improve processes through the use of CRM technology. Prior to DealerSocket he sold cars and is a graduate of Pepperdine University.

Follow him: @HunterSwift

Hunter Swift

DealersGear

CEO

30961

16 Comments

Feb 2, 2014  

Great post Hunter! As we have just completed our own installation of an entirely new, and comprehensive CRM that the entire front of the store is now using I have emailed this to all store managers as a must read! Thanks for posting this!

Bryan Armstrong

Southtowne Volkswagen

Feb 2, 2014  

Absolute, sheer #Awesomesauce Hunter!

Paul Rushing

Stateline Sales LLC

Feb 2, 2014  

Accountability is top down. If you are having problems with sales people not doing what they should the problem is not the salespeople. Its the sales managers, GSM and GM not doing what they should be. next time you run into a sales person accountability problem lets look at what the sales managers are really doing. Are they getting on the phone with the missed deals trying to make rain? Are they getting on the phone and confirming appointments 100%? Are they sending a personal email to the customer who left frustrated? Etc................ Who is holding these managers accountable? Being a good sales manager requires them to actually help put deals together, not do the daily checklist. A monkey could do that.. Managing activities is imperative but lets make sure we are holding the right parties accountable.

Bryan Armstrong

Southtowne Volkswagen

Feb 2, 2014  

Well said Paul. Management should be more DO than TELL. "You do not lead people by hitting them over the head. That's assault, not leadership" Dwight D. Eisenhower

Hunter Swift

DealersGear

Feb 2, 2014  

Thanks for the commentary... Possible follow up article... "Holding Your Managers Accountable".

Hans Meyer

Fixed Operations Group

Feb 2, 2014  

I know not all will agree but I have never seen a dealer where the managers and salespeople did an adequate job of this. CRM tool or not. I've been to dozens if not hundreds of dealerships and witnessed this. I'm a firm believer that the moderate to large dealer needs to invest in a BDC and separate the functions of follow up/appointment setting from the sales process. I have seen much better results when sales people are not doing appointments and follow up. Just my 2 cents.

Manny Luna

DealershipMarketingServices.com

Feb 2, 2014  

In the past it was our job to handle all the phone ups and help each customer on a personal level. Personal follow up is a lost art. "Thank You" letters are not being mailed out from the GMs, GSMs, Sales Managers, and Salespeople everyday. I can keep going on and on.... We never had to be asked to follow up, and our home grown CRM's worked because it was in our job description to do everyday or get fired. What does it take now? We know of many dealerships that do a great job at it and break records every month. It all starts from the top (GM) and a pay plan to back it up! Sales is one of the hardest jobs to do, but also the highest paid job.

Karen Croker

Central Cadillac

Feb 2, 2014  

At our dealership, our sales managers also sell. Do you really think a manager that also sells has the time to help make sales for his/her staff? They are more interested in supplementing their own pay. Add all the other things that are supposed to happen at a luxury dealership and salespeople are really on their own. Anyone else have this arrangement at their dealership? I think the time has come to re-think this! We look at the reports, but doing actual follow up and holding salespeople accountable goes by the wayside!

Christopher Murray

Contractor

Feb 2, 2014  

The accountability factor is essential and easier to perform than it ever has been in light of the CRM systems we all should be using. We have just recently installed a CRM in our store, there never was one there prior to this, and we are all just getting our feet wet, as it were, learning the basic navigation etc, that comes with a new tool but I tend to take things like this to the extreme so I am on it night and day. One of my first observations is that my Sales Manager never even looks at it unless I force him to. The salespeople, some of them, just look for ways to remove tasks from their dashboards as opposed to using it to do business and the more successful salespeople have embraced it from the first day and are seeing results. I have just begun using the reports to hold my SM accountable and I am teaching him to do the same with the salespeople but not by "rolling up the results spreadsheet and beating them over the head with it" but by actually sitting with each salesperson and executing the tasks for them, in front of them, exactly as the CRM suggests to show them the slow but steady build of results through appointments, etc… You are so right about accountability!

Jim Bell

Dealer Inspire

Feb 2, 2014  

Great stuff Hunter, but it's a shame how lazy some salespeople are with some of the great tools out there that they have in their back pockets. I've seen salespeople find reasons NOT to follow up with a customer and try to 'fake out' the call. Then when management does their follow up, it's too late and they already bought a vehicle. I just wish that I had a CRM back in the day when I sold cars.

Mark Rask

Kelley Buick Gmc

Feb 2, 2014  

Great stuff! You must have buy in from the sales managers to make this work.

Manny Luna

DealershipMarketingServices.com

Feb 2, 2014  

This has to be a "have to do it, or get fired" with no questions asked! If that means replacing one of the sales managers to get the point across to get everyone's full attention then do it. All appointments need to be set in the CRM, phone verified by a sales manager and logged in the sales tower for M, T ,W, T , and so on.... (Spiff them if you have to for the most appointment's sold and the highest gross deal every day! My son is a GSM for the number one Hyundai dealer in Texas and if has to let someone go that's making 15-K to 18-K a month, he just does it. He tells me the salesman is not following up on his leads, logging his appointments everyday and handling his business in the CRM. He doesn't have the time to babysit a grown man. This has to start from the top, with a pay plan to back it up!

Edward Shaffer

Loving Honda

Feb 2, 2014  

I recently discovered an absolutely fantastic book entitled "Wining with Accountability: The Secret Language of High Performing Organizations" . What many fail to recognize is that Accountability flows in both directions - up the chain of command as well as down! Think about that for a moment - far too often "holding someone accountable" is a loosely disguised euphemism for how management wields the club to enforce policy. When team members are ASKING to be held accountable because they truly UNDERSTAND what is means, then and only then will the organization succeed and thrive.

Hans Meyer

Fixed Operations Group

Feb 2, 2014  

Manny, your sons store has sales people making 15K - 18K per month? At a Hyundai store? That has to be the extreme exception. In my travels I see the exact opposite. As a matter of fact the main reason there is such difficulty getting sales people and managers, for that matter, to be accountable is the low quality of the people hired. I attribute that to the low pay and long hours demanded by these jobs. Most GM's I know would either be cutting that persons pay or trying to make them a Manager. I see too many dealers with high turn over trying to keep these "variable expenses" low then scratching their heads when they cant keep good sales people. All this stuff hangs together and it starts with the quality of your people and how you compensate them. If you asked most sales people they would tell you the resent the constant changes in pay structure, stair step incentives (which dealers will tell you they hate when the factory does it to them) the monthly contests, spins, minis and what have you. If you want accountable productive people, hire quality people, pay them fairly and treat them with respect.

Manny Luna

DealershipMarketingServices.com

Feb 2, 2014  

Hans Meyer, I agree. Selling cars and making big money working bell to bell twenty days straight is not for the weak. If anyone needs a great job and will work hard let me know. My son hires young men out of high school. He trains them and in six months he has them selling 18 to 25 cars making 10-K to 12-K a month.

Kevin I. Parker

Garber Automotive

Feb 2, 2014  

Wow, Hunter you are spot on!

Hunter Swift

DealersGear

Jan 1, 2014

People Do Business With People They Trust #NADA2014

As a vendor, these last couple weeks were pretty busy as we prepared for NADA.  It is amazing how much goes into an event like this in order to be successful.  NADA consists of some very long days and my body is still trying to recover.  The show was very good for us and I imagine it was for others as well.

The first thing that stood out to me; dealers had positive outlooks on the current and future conditions of the auto industry.  Dealers were eagerly looking for new and innovative products to buy.  There are sure a lot of vendors out there now.  Competition is good; it sparks innovation and keeps vendors having to improve in order to keep being competitive.

As dealers shopped different vendors it was interesting for me to hear what the technology, features, and benefits they liked.  But what was more interesting to me this year, was how many dealers seemed very interested in learning more about the companies, the leaders, the culture and its employees.

I heard multiple times dealers say they do business with people who they like.  I heard others say, it was important for them to really know and trust the people they give their money to.  Apart from technology, they also seemed interested in the customer service, the support and the company’s reputation in the industry and what their customers had to say about the company and its employees.

 I feel privileged to work for a company (DealerSocket) that prides itself for being a moral and ethical company.  A company that takes pride in offering services to dealers that they sincerely want to help be successful and works hard to make sure its customers can trust and respect them.  Working with people who have character, are trustworthy, honest, moral and ethical goes a long way and makes working with them a pleasure.  And these types of behaviors do not just come from how they perform when they are working but even when they are not.   This helps customers know that they can rely on us and we will be there for them when there is a need.

I think this can also apply to dealerships.  Apart from the design of the dealership, inventory, advertising and tools they use; customers also ultimately buy from those people who they like.  We need the customers to know they can trust and respect dealerships. This ultimately comes from their interaction with the people that work at your dealership.  Is moral and ethics an important part of your dealership and business model? Is it in-line with your personal morals and ethics?

Hunter

 

Hunter Swift is the Director of Sales Development at DealerSocket and has been with the company since 2005. In addition to his current role he has fulfilled the responsibilities of customer support, consulting, training, and sales. He specializes in helping dealerships improve processes through the use of CRM technology. Prior to DealerSocket he sold cars and is a graduate of Pepperdine University.

Follow him: @HunterSwift

 

Hunter Swift

DealersGear

CEO

4709

3 Comments

Ron Henson

Orem Mazda

Jan 1, 2014  

Well said Hunter. Having spent time on both sides of this equation, dealer & vendor, I can tell you that people do indeed do business with those they trust and like.

David Ruggles

Auto Industry

Jan 1, 2014  

The exact words written in an auto sales training manual from a couple of decades ago, and the words are as true today as ever. Its much easier to negotiate a deal when the relationship with your buyer is strong. Yes, auto sales is still a negotiation. And pretending not to negotiate is still a strategy of negotiation. Oh, we weren't talking about auto sales? Wouldn't dealers be a lot easier to do business with if they had the same information their car buyers have? Why aren't vendors as "transparent" as car dealers?

Laura Wood

CAR-Research XRM

Feb 2, 2014  

As you said, "customers also ultimately buy from those people who they like." This is as true for the vendors as it is for the dealers. When anyone shops for a good or service, they are buying the brand as well as the commodity. Reputation and business morals need nurturing if either a dealer or a vendor want to be a household name.

Hunter Swift

DealersGear

Dec 12, 2013

Why You Should Focus On Your CRM To Drive Traffic

I was recently reading an article on DrivingSales from Keith Shettery called Traffic Is Everything about the focus and solution for most dealerships in driving more traffic. Although I agree with Keith that driving traffic is important, I think an important part that is missing, is that most dealers look to drive traffic through "online reputation, SEO, PPC, CPM, websites, cable TV, radio, print, direct mail, email", etc and then we hope salespeople will use the CRM or even enter the traffic that comes into the dealership in the CRM.

There always seems to be this focus on leads and traffic that cost dealers money for a lead with little information and not even guarantied exclusivity. At every tradeshow I attend, almost all the speakers talk about driving more traffic. I agree with Keith that "traffic is everything" I wanted to write this article becuase I feel dealers should be focused using their CRM and driving traffic from existing data.

In your CRM you now know more about your customers than any time before or with any lead. We know:

  • Every Call, Email, Letter, Text…
  • Mailing Address, Phone Numbers, Email.
  • Every Lead and Vehicle they have looked at.
  • What Vehicle they own, have owned.
  • Service History, Average RO.
  • Estimated Mileage.
  • Trade Value, Equity.
  • Previous Deal Structure.
  • Communication Preference.
  • Bank Programs, Manufacture Incentives.
  • plus more.

 

If you have access to all this data you should be using it to cater marketing and follow-up to that customer to drive traffic. Instead dealers are spending the majority of the effort and money to drive traffic marketing to the 98% that are not in the market versus focusing on the 2% that’s in the market.

Just look at the comparison between a Floor Up, Internet Lead and a Repeat Customer:

  • Fresh Up: Closing 10%, Gross: Average, CSI: Average, Ad Spend: 70%
  • Internet Lead: Closing 40%, Gross: Low, CSI: High, Ad Spend: 15%
  • Repeat Customer: Closing 60%, Gross: High, CSI: High, Ad Spend: 5%

 

But where do most dealership focus their attention? Driving new traffic.

Most dealers don’t even know how to handle the traffic they do get. If 80% of your leads come from the phone and internet that means 80% of your “Success” is dependent on Appointments. And according to a DealerSocket research study of 346 dealers and 1,956,624 calls only 6% even included an attempt to set an appointment. Talk about missing huge opportunities with new traffic!

It doesn’t get any better on the lot. I attended Keith Shetterly’s session at Automotive Boot Camp this year where he said, “Only 25% to 35% of dealership visits get put into the CRM.” Dealers, Yikes! This means your marketing and analytics data could be off by over 75%!

If you initiate traffic from your CRM your salespeople are more likely to use it. Get your salespeople to think of their CRM as a pump; where the more they work the CRM the more that comes out of it.

Driving traffic is important. You have to look at what you are doing to drive traffic and manage the traffic efficiently. CRM's have an important role in this. I believe it is all about sending the right message, to the right person, at the right time.

Here is a list of marketing campaign ideas that yield high traffic returns:

  • A customer life cycle (customer for life)
  • Finance termination
  • Extended warranty
  • We want your trade
  • Declined services
  • Aftermarket accessories
  • Customers in equity
  • Bought elsewhere, service introduction
  • High customer pay RO to new vehicle
  • Future model introduction
  • Lead escalation
  • Sales notification of a customer in service


 

and the list goes on…

I would love to talk with any dealer who is looking to successfully drive more traffic to their store through the use of their CRM, regardless of which vendor.

Thanks Keith for sharing and inspiring me to write something.

Hunter

 

Hunter Swift is the Director of Sales Development at DealerSocket and has been with the company since 2005. In addition to his current role he has fulfilled the responsibilities of customer support, consulting, training, and sales. He specializes in helping dealerships improve processes through the use of CRM technology. Prior to DealerSocket he sold cars and is a graduate of Pepperdine University.

Follow him: @HunterSwift

Hunter Swift

DealersGear

CEO

10857

11 Comments

Keith Shetterly

TurnUPtheSales.com

Dec 12, 2013  

BEAUTIFUL ARTICLE!!!! Love it, Hunter. Well said!!

Shawn Bray

DealerSocket

Dec 12, 2013  

AWESOME Article Hunter. When used correctly, CRM's will drive traffic for you.

Nikki Polifroni

Penske Automotive, Escondido

Dec 12, 2013  

Working smarter, not necessarily harder. Excellent advice, Hunter.

James Klaus

Bozeman Motors Inc.

Dec 12, 2013  

Great Points, The CRM has so much to offer and is too often overlooked. I feel this is because most dealership employees still do not grasp what a CRM is for. They look at a CRM as something that a manager wants customers logged in and that is about it. It is looked at as a hindrance not as a tool. If we can get our employees to understand why we use this we will be better off. The big brother (how many calls, email times, etc) aspect of a CRM has pushed many employees away and a lack of understanding of what this tool is for (to manage our customers, to market to our customers, to communicate better with our customers) has made it background noise in a lot of dealerships. When data mining a CRM you can put together custom campaigns for sales and service with little cost and insane ROI! The fact that this is news is the most alarming part! Why do we as dealers pay all this money for a great tool and then not use it! INSANE!

Eric Cosman

Quirk Ford

Dec 12, 2013  

Great article, articulated well. As we all know, any conversation about the options, daily usage, program choices, and capability of a well designed CRM system regardless to your company vision could be one that just never ends with all of the excitement in today's market place. This is a great read for both the green pea and seasoned vet alike...

Michael Bilson

Conversica

Dec 12, 2013  

Awesome article....so many dealers I work with say they don't like the CRM tool they have and are thinking of changing. But when I ask what it is that is not working for them...it's usually that they don't know how to use the tool to maximize opportunities. So many in-house campaigns can be built and provide profit for low or no cost. Again, it starts with gathering customer data from phone and walk in traffic. Too many times the top 3 lead source providers in any CRM tool are Unknown, Drive By and Other.

Shawn Ryder

shawnryder.com

Dec 12, 2013  

Great article! There is a lot of data / information in the CRM - using it to build marketing and customer engagement is always key.

Jason Davenport

D'Arcy Motors Buick GMC Hyundai Volkswagen

Dec 12, 2013  

Really like the article. It is so easy to overlook your CRM when discussions come up about driving traffic in the door. As others have stated, it is important to get all customers in the CRM, regardless of what happened on the lot/showroom floor.

Matthew Redden

DealerSocket

Dec 12, 2013  

Hire smart people and get out of their way...Thank you Hunter. We are in a data rich environment and need to take advantage of it.

Hunter Swift

DealersGear

Dec 12, 2013  

Thanks everyone!

Dec 12, 2013  

Well done Hunter, nicely stated!

Hunter Swift

DealersGear

Nov 11, 2013

YouTube's Recommended Videos Hurting Your Biz?

I was recently talking to a dealer who has been incorporating YouTube videos into his emails and marketing efforts. I noticed an issue and have been unable to come up with a fix or work around and wanted to reach out to the Automotive Industry for help. The issue has to do with YouTube’s Recommended Videos.

Scenario:

Dealer records and publish a video to YouTube… “Why Buy From Us”.

He embeds it into an email to send to his customers.

Customer clicks on Video Thumbnail and watches video.

After the video concludes YouTube populates 16 Videos they recommend (As well as 20 Suggested Videos on side of page).

The issue is the videos it is populating as recomended/suggested are for the dealership’s competitors.

I have searched all through the channel setting and I see no way to turn this off.

If it is your video on your channel it seems like you should be able to control this.

But YouTube is free to use, so I maybe we cant do anything about it.

Really hoping some knows something or could offer some help. Is there any way you can influence what is being shown? 

Thanks.

 

Hunter Swift is the Director of Sales Development at DealerSocket and has been with the company since 2005. In addition to his current role he has fulfilled the responsibilities of customer support, consulting, training, and sales. He specializes in helping dealerships improve processes through the use of CRM technology. Prior to DealerSocket he sold cars and is a graduate of Pepperdine University.

Follow him: @HunterSwift

Hunter Swift

DealersGear

CEO

16712

4 Comments

Hunter Swift

DealersGear

Nov 11, 2013  

So if you go to share and embed... directly underneath is a checked box that says "Show suggested videos when the video finishes" but this seems to only work when the video is embed on say a website. Not when you are on your YouTube Channel.

Andrew Myers

What's Next Media

Nov 11, 2013  

This is VERY simple to fix in multiple ways. The easiest you can actually change the embed code that you put into the link. I learned this trick from the one and only Robert Wiesman at the Unfair Advantage Mastermind Summit. This would be if you only have ONE video in your library and don't want similar videos competing with your video. The option that we use because our clients all use a "series" of videos online to build value and often have many videos in their store video library (so to speak). In this instance, it works really well to tag all the videos with the same beginning tags. The more unusual the better. If your dealership is Auburn VW, and your local ZIP is 98103 - then make the first four tags 98103AVW, AuburnVW, 98103, Volkswagen... and so on... Usually the uniqueness and similarity between the the tags on all your video types, will often cause them to show up together more often then not. Sometimes it is not a bad strategy to just block the suggested videos like in the first example, sometimes it is best to offer other videos. VENDOR WARNING: (may get pitchy) IF you are using YOUTUBE to host these videos there are ALL sorts of amazing things you can do with that video your customer is watching. Specific video retargeting, you can pitch to other videos from with the first video (annotations), you can chat right from there (Crossroads chat) and most of the time engaging your traffic once you have them watching a YOUTUBE video is not only easy but EXTREMELY cheap also. Call me anytime for more FREE information about how to optimize video on YOUTUBE. \ Andrew Myers What's Next Media www.whatsnext.pro 206.478.8721

Ben Gregory

Niello Company

Nov 11, 2013  

Hunter, this is something that has always bugged me. I never like seeing any competitive recommendations on the screen after someone watches one of our videos - especially when the video is imbedded on one of our websites. The good news: there is an easy solution that will take you no time at all to implement. If you add the URL code ?rel=0 to the end of your imbedded URL, it will change the recommendations to a replay option. Much cleaner. So for example, if you have a YouTube URL like this www.youtube.com/abcExample just change it to read like www.youtube.com/abcExample?rel=0 . The only exception is if there is already a '?' in the URL, in which case you would add &rel=0 to the end of the URL instead. Try that out and let me know if it works for you.

James Fabin

CDK Global

Nov 11, 2013  

Hunter, It's great that you noticed this far too often I see a dealer leveraging YouTube only to see competitors or negative videos suggested at the end. The worst I saw was a video about a new vehicle that recommended a video showing that same model severely damaged in a crash and how the vehicles owner thought it wasn't safe. YouTube is great places to host your video and leverage it in your digital marketing. Bens suggestion is something I ALWAYS do when linking to a video, but I do it a little differently to make sure it hides ALL other videos. First I locate the video on YouTube, for this example I have navigated to the following video: http://www.youtube.com/watch?v=99TVyFa1HWs This video show ads next to my video along with recommendations of other videos which are not from me. I modify the URL to be: http://www.youtube.com/embed/99TVyFa1HWs?rel=0 Notice the watch?v= changed to /embed/ and I added ?rel=0 to the end. The video will now play the full size of the browser with NO ads, NO recommendations and NO suggestions. This is a great trick that I recommend ALL dealers leverage when linking to a YouTube video. Not only does it remove distractions, but it looks great for the end user when the video plays nice and large! James

Hunter Swift

DealersGear

May 5, 2013

Why You Need Mobile CRM NOW!

Current technology is geared toward mobility, convenience, easy accessibility of information, and staying connected. I can still recall a time when a cell phone was something of luxury; a commodity that only a few select considered a need. Today, according to Erin Touponse, President of the ElmGroup Consulting, “92% of adults in the U.S. own smart phones.” Society has gone mobile! This is something of a phenomenon when you consider how dependent we have become to our mobile devices. If you’ve ever gone a day without your mobile device, then you must know the anxiety that begins to set in from feeling a sense of disconnection from “the world.” Technology has also empowered consumers by allowing them the amenity of information at all times. With such a shift in the buying process, naturally, businesses must adapt to their customer’s buying habits and mimic the way in which a customer prefers to communicate. For these reasons, dealerships cannot help but to implement a mobile CRM tool, that enables them to mobilize their reps, add convenience to the buying process, empower them with product information, and maintain a connection with their customers.

Utilizing a Mobile CRM application is helping dealers capture 39% more fresh ups. It also helps creates a transparent and convenient customer experience. One dealer, after implementing a Mobile CRM app, noted that “customers seem more comfortable giving their information to staff when they are standing in front of them with an iPad or smart phone, rather than the employee needing to run to a computer. This allows the dealership to capture more data, more quickly, which leads to better follow-up by the salespeople.” Putting the customer in a comfortable situation to make a buying decision is fundamental, seeing as how people can research to the point of exhaustion when buying a car. Touponse states that “individuals will spend a total of 19 hours researching a car purchase.” A convenient customer experience should minimize the time it takes to complete a vehicle purchase, something a Mobile CRM app can help achieve by enabling the sales representative to easily log in information on the lot or on a demo. With more data captured, the follow-up process becomes very effective and allows for improvement by measuring sales results from marketing processes.

The Hawthorne Effect which says that “what gets measured gets improved,” rings true in an industry where measuring ROI is a key factor to success and maintaining business doors open. By fully integrating the Mobile app with the core CRM, the CRM tool is able to track inbound and outbound calls, linking customer records to such calls and logging in completed activities. A sales representative can also respond to inbound leads and “stop the clock.” By putting a stop to the “clock” sooner with the Mobile CRM app, the dealership can better qualify for special manufacturer incentives and bonuses, which is based on the response time to a lead. Because the Mobile app enables its users the ability to access key functionalities 24/7, it increases the capacity to measure and improve employee and dealership performance. Such key functionalities like: inventory searchability, VIN barcode scanning, quick sales event creation, the ability to receive and respond to new lead alerts and to-dos, the ability to email or text electronic vehicle brochures, and usability of email templates when responding or sending a new email. Sales reps should be excited at the fact that they can do what they do best; engage with customers on the lot in a more personable fashion and not be bogged down behind the desk.

A Mobile CRM app also assists the needs of managers. With a Mobile app, managers are able to not only manage multiple dealerships with a mobile sales dashboard, but also oversee the activity of the dealership, even to the point of knowing what an individual sales person has pending or up-and-coming on their plate. In so many ways, a Mobile app enables dealerships to track and measure multiple actions that are then reflected back on the actual desktop CRM. With a Mobile app, the power of the desktop CRM is now at the palm of the user’s hand.

A Mobile CRM should also enable its user to communicate with a customer via phone, email, and text without the need of a computer. Text messaging specifically is something that is not too often considered as a means to improve the customer’s buying experience. Having all three modes of communication puts the dealership in a position to give the customer choices to be communicated with in the manner that fits with their lifestyle. It is plain to see, when people have the choice to communicate using their mobile device, that some people prefer texting, some are more email inclined, and others opt for a simple phone call. According to a poll taken by Nielsen in 2012 to 2013, 94.4% of smartphone users send text messages on their devices, while 87% of US smartphone owners regularly send and receive texts on their devices. The same poll noted that US women text on their mobile phones 14% more than men. With such staggering statistics on texting, it behooves a dealership to leverage this technology on their Mobile CRM app for their sales and service departments.

Staying with the times and adapting to the communicative trends of consumers is key to, what Ron Willingham, author of “Integrity Selling For The 21st Century,” says is “selling the way people want to buy.” A mobile application that gives dealerships the edge in enabling fluid communication, sales, and marketing processes, is the turnkey solution that differentiates “old school” from “new school.” With a reliable Mobile CRM app dealerships can expect to have mobility, convenience, easy accessibility of information, and stay connected with their customers to be a part of their social network.

 

Do you have a reliable Mobile app that ingrates with your CRM?

 

Is it downloadable now on iTunes and Android?

 

What success stories have you experienced with Mobile CRM?


 

 

 

 

Hunter Swift is the Manager of Market Development at DealerSocket and has been with the company since 2005. In addition to his current role he has fulfilled the responsibilities of customer support, consulting, training, and sales. He specializes in helping dealerships improve processes through the use of CRM technology. Prior to DealerSocket he sold cars and is a graduate of Pepperdine University.

Follow him: @HunterSwift

 

Hunter Swift

DealersGear

CEO

4752

2 Comments

Guillaume M

TappCtrl

May 5, 2013  

Thank you for your article it does open up all kinds of possibilities in terms of customer management. I know TappCtrl, it's quite advanced and offers all kinds of possibilities for sales people in the field. Go check it out www.tappctrl.com Gm

Hunter Swift

DealersGear

May 5, 2013  

I recently attended a trade show where the presenter said that on 25%-52% of fresh ups are being captured into the CRM. This only supports why a Mobile CRM is so important. Note, that if your dealership is using a CRM that does not have a Mobile App, you can can always revert to a pad of paper and a pen to capture those ups on the lot and then go back and put them into the CRM.

Hunter Swift

DealersGear

May 5, 2013

The Importance of Clean Data

There has been much talk recently about “Big Data” which, to me, only emphasizes the importance of "Clean" Data. According to Kurt Bollacker, “Data that is loved tends to survive.” Having clean data is necessary for you to extract revenue from your most precious resource: your customer and prospect database. Clean data increases opportunities, saves money, and helps you maintain a positive reputation with satisfied customers. Luckily, there are tools available to dealers that can help keep data clean and updated with the NCOA, CASS, DNC, Phone/Email Validation and Phone/Email Append.

Increased Opportunities Come When:

The mailer you recently sent doesn’t go to the customer’s old address, as your customer recently moved to a new address. Your mailer arrived at the proper address because your data has been updated with the National Change of Address (NCOA).

Your mailer for the huge tent sale this weekend is received prior to the event, not after, because your data has gone through the CASS Standardization process with the USPS.

Your BDC or Salesperson can set that appointment instead of throwing away the lead due to lack of phone numbers.  Ensure you have appended cell numbers and landlines that are incorrect or missing in your database.

You are able to append/add email addresses to customer records, helping your next email marketing campaign be successful. 


Money Is Saved When:

You recently sent a mailer; a few weeks later, you don’t have a huge pile of returned mail sitting on your desk because your data was scrubbed against the NCOA.

Your BDC or Call Center is not wasting time calling bad numbers because your database has had the phone numbers validated.

You can now send an email to your customer/prospect instead of a letter due to the appended email addresses you now have because of email appends.

Your Reputation is Maintained When:

Your mailers are making it directly to their intended recipient, rather than being forwarded from their previous address, or thrown away by the new homeowner at the old address.

Your Sales or BDC Team is not calling on customers and prospects that are on the “Do Not Call List.”

Invalid email addresses are eliminated, effectively reducing the number of “hard bounces” on transmission. 

The email validation process helps protect the broadcasting IP from domain-level filtration and IP “blacklisting.”

 

If hundreds of thousands, even millions, are spent annually to market to prospects and get them in your database, shouldn’t a fraction of that money be budgeted to show your data the love?

 

Hunter Swift is the Manager of Market Development at DealerSocket and has been with the company since 2005. In addition to his current role he has fulfilled the responsibilities of customer support, consulting, training, and sales. He specializes in helping dealerships improve processes through the use of CRM technology. Prior to DealerSocket he sold cars and is a graduate of Pepperdine University.

Follow him: @HunterSwift

Hunter Swift

DealersGear

CEO

12197

9 Comments

Randall Welsh

CIMA Systems

May 5, 2013  

Great comments Hunter, having been in the retail Auto industry since 1980 and over the last 12 years in Auto marketing, this is the key to any Dealers marketing success. There are some proactive teams within Dealerships, that clean data as they go. Others have horrible data and do nothing about it. Having launched a large initiative with a major OEM in 2009, we would send service communications to the DMS database. The OEM records would be fairly accurate for estimating the cost, but the DMS database would be overblown with duplicate customer numbers, obsolete addresses and vehicles that no longer exist for one reason or another. This would result in a Dealer who was upset that 5 times the number of communications were sent and the bill was enormous. The activity of cleansing the DMS has to be a process that is across all departments within the facility. Every employee who handles data, must verify every customers record and de-duplicate with every customer visit. Now you can pay some DMS companies to do this, but remember this is your DMS data. Do you really want someone else to clean up the mess? I say, put the process in place, then inspect what you expect to be done and do it daily. Over a period of time it will take care of itself. rwelsh@cimasystems.net

Jeremy Alicandri

Maryann Keller & Associates

May 5, 2013  

Hey Hunter, what do you tool do you recommend to dealers using Reynolds?

Cassi Alexander

Retention Attention

May 5, 2013  

Postal Soft and NCOA and standard list tools used by most mailing houses. However, keep a tab on if your mail house is sending your list through NCOA every mailing. This will cost your mail house money to do so some only do it every once in a while. When 1% of the population moves a month, it is vital to have this done every time you mail. in addition to cleaning the list for accurate addresses every month it is vital to pull you current file from your database each month. Especially if you are sending a sales letter. Don't you hate it when someone calls you to tell you they just bought a car from you and you sent them a more aggressive offer this month?

Donnie Hinkle

All Pro Auto Group

May 5, 2013  

We actually just signed up with VinSolutions for Data Appends yesterday. I'm not sure who they use I just know it is a new company for them. I'm curious now however. We have about 10-years of CRM data that we have never had it cleansed so I'm looking forward to seeing some marked improvement in our ability to properly market our current data base.

Cassi Alexander

Retention Attention

May 5, 2013  

Donnie, Keep in mind that NCOA only goes back 48 months. So if your customer requested a change of address through the Post Office it will only stay in the system for 48 months. If your address was not cleansed during this time then you may not receive the new address.

Donnie Hinkle

All Pro Auto Group

May 5, 2013  

Thanks Cassie. I'm more interested in the email address than snail mail address.

Cassi Alexander

Retention Attention

May 5, 2013  

Ahh.

Hunter Swift

DealersGear

May 5, 2013  

I dont know which CRMs and DMS companies offer Data Cleaning. But I do know that if you can, it is most important to clean the data out of the CRM or the tool you are using for marketing to your customers and prospects. DMS data is notorious for duplicates and bad data. Most CRMs usually take the data from the DMS and clean it up and de-dupe it. Once it is in the CRM you need a tool to update it, and continue to update it monthly to stay as current as possible.

Justin Friebel

DealerFire

May 5, 2013  

Great post Hunter. Dirty customer data isn't the only thing. I constantly see dirty vehicle data as well. This can affect the data posted to a dealer's website (vehicle title, meta info, URL). This data (content) is then indexed by Google and displayed in the search results. Imagine your customers searching for a "corvette coupe" and the data on your website is displaying "corvette cpe". This can happen anywhere down the line of vehicle information, whether it be the make, model or trim of a vehicle. Keep your vehicle data clean too!

Hunter Swift

DealersGear

Dec 12, 2012

Yelp's Review Filter Complaints

 

Having a “good” online reputation can send many new customers your way. However, a negative online reputation can cost a business in lost revenue. We are asking our customers to rate us, and Yelp is one of the biggest online reviews sites. But some businesses aren’t happy with how Yelp is handling their reviews.

Yelp has an automated filter/algorithm that suppresses reviews they deem ‘suspicious.’  It’s doesn’t always seem either consistent or fair, but that’s the way it is.

A friend of mine recently posted this on facebook of her husband's medical practice.:

"Yelp cannot be trusted - they are extorting small businesses!! Because my husband will not pay Yelp's advertising fees, they have blocked all 17 of his five star reviews, and only posted his 4 negative ones, 3 of which are posted by patients who are not in his patient records (fake patients). Yelp has been informed that these patients are not in my husband's records, and will not remove them."

Yelp says it filters reviews from lesser known reviewers until there is "trust" established, so reviews do NOT show up and are not counted in the tally. They also filter reviews from new members who have a slew of 5-star or 1-star reviews. So much for only review those businesses you really like or only review businesses when they have wronged you. 

Although it stated on the Yelp FAQ "The sort algorithm does not take into account whether the business is an advertiser or not." and "Businesses cannot pay for favorable treatment." Some have been told "You'll get bad reviews unless you purchase advertising with us". 

One Business Owner stated "Yelp algorithm filters out good reviews from businesses that are not willing to spend $500/month advertising on Yelp."  

Another business stated,  "I've had my business listed for well over a year, and have enjoyed only five star reviews. Two weeks ago I was solicited by Yelp to purchase advertising. I declined... Another five star review came in this week, but this one got filtered."

Apparently Yelp was just hit with a class action lawsuit for its data mining algorithm. So it will be interesting to see what the future holds. 

While I am not completely convinced that Yelp is extorting money from businesses, I am 100% convinced that their review filter algorithm needs alot of work.

As dealers have you notice your reviews being filtered? Have you been told that if you advertise there was any benefit to your reviews?

What are your thoughts?

 

 

Hunter Swift 

Follow him: @HunterSwift

Hunter Swift

DealersGear

CEO

7135

3 Comments

Erik S

N/A

Dec 12, 2012  

It is the same deal with the company I work for. We haven't had a positive review stick around since this past summer. Every single good one has been filtered, whereas several negative ones that should have been filtered have not. Coincidence? Don't think so.

Erik S

N/A

Dec 12, 2012  

It is the same deal with the company I work for. We haven't had a positive review stick around since this past summer. Every single good one has been filtered, whereas several negative ones that should have been filtered have not. Coincidence? Don't think so.

Tanya H

Abc

Dec 12, 2012  

The problem with Yelp is that nobody cares what hipsters think any more.

Hunter Swift

DealersGear

Oct 10, 2012

Vehicle Inactivation in CRM

 

I was recently talking to a dealer about how to handle his "No longer owned" vehicles in his CRM. I was surprised to learn that his CRM didn't have this feature. In my opinion, having a CRM with the ability to automatically Inactivate Vehicles, is one of those features that is a must have.

DealerSocket has 4 ways we recognize a vehicle as “No longer owned” (inactivated) on individual customer records.

1.       Vehicle Trade In - Customer Trades in their car that they originally purchased from the same dealership.

Ex. Bob buys a 2003 GMC Yukon from ABC dealership, 5 years later… I decide to trade that same vehicle to ABC dealership and buy another car.  The DMS sends DealerSocket this information as part of the Sold Transaction and we recognize that the Trade In was a car Bob previously purchased and we “Inactivate it” as a vehicle that is no longer owned on that customer record.

2.       Closed RO - A Service Customer closes a repair order on a vehicle that another customer originally purchased from the dealership.

Ex. Bob buys a 2003 GMC Yukon from ABC dealership, 5 years later… Bob sells the vehicle privately to John.  John decides to service that vehicle at ABC dealership.  DealerSocket recognizes that a different customer now owns that vehicle and “Inactivates” that vehicle on Bob’s customer record.

3.       Email Marketing - A customer receives an Email from the dealership and clicks on a link telling the dealer they no longer own the car referenced in the email.

Ex. A dealer might decide to enable a campaign targeting customers that purchased 3 years ago, offering to purchase their vehicles.  When customers click on the link stating they no longer own their vehicle, DealerSocket knows to no longer market to customers based on that Year, Make, and Model that was inactivated.  All ongoing service reminders, recall notices, and tailored messages based on that vehicle will be stopped.

4.       Service Scheduler - Service Appointment Scheduling Process

Ex. A customer decides to either book an appointment through the mobile garage, website, or over the phone.  As part of that process, the customer can easily tell the dealer through that process that they no longer own certain vehicles.

The true value of a CRM is its ability to send TARGETED RELEVANT messages to customers/prospects. 

The result of doing CRM right through automatically inactivating vehicles:

1.       Improves Campaign ROI by helping dealers spend less on collateral

2.       Opt outs are decreased due to more relevant targeted messages being sent

3.       Customer CSI goes up because customers aren’t annoyed

4.       Database management is improved by having ongoing updates to vehicle ownership on customers

 

 

 

Hunter Swift is the Manager of Market Development at DealerSocket and has been with the company since 2005. In addition to his current role he has fulfilled the responsibilities of customer support, consulting, training, and sales. He specializes in helping dealerships improve processes through the use of CRM technology. Prior to DealerSocket he sold cars and is a graduate of Pepperdine University.

Follow him: @HunterSwift

 


 

Hunter Swift

DealersGear

CEO

2407

No Comments

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