Notifications & Messages

Jared Hamilton
From: Jared Hamilton
Hey - It’s time to join the thousands of other dealer professionals on DrivingSales. Create an account so you can get full access to the articles, discussions and people that are shaping the future of the automotive industry.
×
Ian Wittig

Ian Wittig Account manager

Exclusive Blog Posts

What is the 'Right' BDC Solution?

What is the 'Right' BDC Solution?

Ask 10 different dealers for their opinion on automotive business development centers and you will likely get 10 different answers. We’ve seen it all…

Facebook’s Get Ready, Get Set, Go Groups!

Facebook’s Get Ready, Get Set, Go Groups!

On a recent trip to NYC, I noticed Facebook had a Times Square advertisement—with an estimated annual cost of $1.5 million--that really wasn&rsqu…

WEBINAR RECORDING - How Dealers Get Frontline Ready in Under Five Days

WEBINAR RECORDING - How Dealers Get Frontline Ready in Under Five Days

  Used car reconditioning is a beast if it’s not managed correctly. Too often dealers (both variable and fixed) take a back seat to recon…

The 5 Biggest Online Retailing Challenges

The 5 Biggest Online Retailing Challenges

As customer expectations continue to evolve, more and more dealers are turning to online retailing to reduce friction and surpass those expectations. Learn…

Rock’s Rants: You Need Dispatch

Rock’s Rants: You Need Dispatch

Whenever I visit dealerships, I often see technicians standing around at the parts counter or waiting to talk with service advisors. This is a waste of you…

Why Millennials Don’t Care About Your Cars For Sale

What They Actually Do Care About, And What Works

Dealerscope published this article about how car dealers can reach out to millennials:

While things like tracking pixels and cookie data might be uncomfortable concepts for older generations, Millennials respond well to targeted advertising. The only caveat is that the advertising needs to be conversational. Research shows that Millennials don’t like to be talked at, meaning traditional advertising can feel untrustworthy. However, Millennials do want to be engaged, and 62% of them are more likely to become loyal customers if they believe a brand can identify who they are and communicate effectively on social networks with them.

What does this mean for car dealers? Pioneer’s observations speak to digital native’s expectations for a multi-device, transparent experience that informs and reduces friction. When millennials have a real interest in a product, they can quickly become more informed than many product specialists or salespeople. Conversely, if their perspective is more practical, they can enter the market underinformed or even misinformed.

This creates a big challenge for auto retailers. The reticence of new car dealers to move the purchase experience online is compounded by their legacy belief that more information means less profit. Enthusiast millennials — they did make the Fast & Furious franchise — are frustrated at every turn. They can’t buy a car online and after filling out a few lead forms are barraged with emails, text messages and calls. Conversely, millennials who see transportation as ubiquitous rather a defining characteristic of their personal brand, are equally frustrated when they realize they are expected to sit in a dealership and buy a car much like their parents did.

Until new car dealers commit to millennials, millennials will not commit to dealers. They will buy less, chase experience over price and won’t refer their friends.

originally published on vinadvisor.net

Maddy Low

I love this article! Thanks for sharing!

Jon Nigbor

Very astute observations about the younger purchaser's mindset...one of our millennial videographers recently purchased a used truck from a dealership, his 4th car but 1st from the dealership setting, and he wholeheartedly agrees with your point about sitting in the sales floor being pressured/manipulated, inundated w/salesman calls after a simple inquiry, etc. are all antiquated aspects of the process that can be wholly done away with in this digital age. Keep it comin Ian!

Chris K Leslie

Dealers aren't the hold up in the whole "buy online" movement. Banks are the holdup. Not to mention the tech really isn't there yet. We have a couple vendors in the space but not largely adopted because it doesn't remove the fact that a person still has to come in a store. 

Why is the focus always put on the dealer?

We don't approve people, we don't have a bank in the back and can finance people on the spot. Trust me when I say we want to sell cars any way we can sell them. However the people who actually control your ability to buy a car is lagging behind. 

 

Ian Wittig

Nice point

 Unlock all of the community & features  Join Now