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.
×
Jordan Perch

Jordan Perch Chief blogger

Exclusive Blog Posts

The Recruiter: Episode 4- People Use Google to Find Jobs

The Recruiter: Episode 4- People Use Google to Find Jobs

How to title your help wanted ad so it gets found on the internet. Please use Google in their job search. Use what people call themselves on their resu…

* 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…

How the Internet Can Change the Future of Car Sales

In general, car dealers are not known for adopting new technologies that can help them do their business more easily and more efficiently. For example, dealerships have not been too keen on embracing the Internet, one of the greatest inventions of our time, and use it to increase sales and provide a better service for their customers. But, like with almost any other business, the Internet can be of great benefit to auto dealerships, which can take advantage of the seemingly endless possibilities it offers, in order to adjust to the ever-changing needs and preferences of customers, and make the sales process more convenient for them. b43779432d53278c61c997ab1ce569a7.jpeg?t=

However, it seems that they have started to realize just how helpful the Internet can be, and many dealerships are now aware that a vast majority of consumers nowadays use it to make all sorts of purchases, and that popularity of online shopping increases at a pretty fast pace. Today's buyers like the convenience and the simplicity of online shopping, and they don't care for that face-to-face approach at dealerships that has always been one of the most important parts of the whole car buying experience. They want to be able to take a look at the cars they are interested in online, see their specs and compare prices, and only go to a dealership after they have decided which car is right for them. They don't want to waste time and go from one dealership to another just to see what a certain car costs, if the Internet allows them to do that from the comfort of their homes. This way, buyers only have to go to a dealership to take the car they have chosen for a test ride, and negotiate over its price, which is far more practical.

What dealers can do to take advantage of the Internet is provide customers with as much information as possible through their websites or mobile apps, letting them know when they have special deals on specific models, or offer discounts to those who download their smartphone apps and shop with them frequently.

Additionally, if customers can buy a car online, it will reduce dealerships' operating costs and fees significantly. For instance, they could streamline the sales process and make it faster and more efficient, conducing all transactions online, eliminating the huge stacks of paperwork that are created after each sale. By digitalizing the filing system and computerizing the process of categorization of all sorts of documents, dealerships will be get a chance to increase sales, as well as profits from a more efficient service center, that allows customers to make an appointment online and can diagnose a defect and resolve it more quickly by retrieving information about a certain vehicle from a digital archiving system.

To sum up, dealerships need to accept the fact that technology can help them keep their customers and avoid losing potential buyers, because of their inefficiency, and the inability to speed up their sales and service processes.

Jim Bell
Great points, but I don't think that we will ever get to the point of a 100% online transaction. I feel that there are too many different state laws that won't allow this to happen. There is just too much of a chance of fraud to take place and that would open up another whole can of worms. Can we get to where 75-90% of the transaction is taken place online, most definitely. I don't think we will ever get to 100% though.
Jordan Perch
Agree. The car is still far from a commodity product and a person needs to touch & feel it prior to the purchase decision.

 Unlock all of the community & features  Join Now