MicrositesByU.com
Why ZMOT is BS
One of my most favorite sayings in the world goes like this:
MicrositesByU.com
Why ZMOT is BS
One of my most favorite sayings in the world goes like this:
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MicrositesByU.com
Is What Your Dealership Stock a Marketing Decision?
This was a question asked on Dealerrefresh by Ed Brooks of vAuto. I find this a very interesting question for a lot of reasons and my answer is YES where you have control over it.
Obviously in a new car franchise you have less control as your inventory is dictated a great deal by the OEM but even they somewhat dictate your allocation by marketing. In our Toyota store here in Houston that I ran in the 90’s GST would give us our allocation based on our “Rolling 90” the average number of vehicles we sold in a 30 day period for the last 90 days. In a sense you could say they were dictating what we stocked by Marketing.
During the worst days of GM’s VOMS program at our Chevrolet store we fought to get the best vehicles including the Avalanche a very popular vehicle from 99 – 2001 Why? They sold better “Marketing”.
In a sense one could say and I will say it, what you stock has ALWAYS been a “Marketing Decision”.
Back then I would line up Chevrolet and Ford Trucks on the front line or our Toyota store, this would just twist our GST reps head, but my point then was the same then as it is now.
“I have huge sign that says I sell Toyota’s and people know that what they don’t know is what else I have and there are a lot of potential customers driving by our store that are going to buy a Chevy or Ford pickup and I want them to know we are a choice for them.” –
I made it a point to stock that “Product” on our Toyota lot and “Place” it where I did: IE “A Marketing Decision”.
In used cars you are 100% in control of what you stock (one of the reasons why I love that business) and if you are doing that right you are basing what you stock on marketing decisions “What Sells” NOT what you can buy cheap!
THE VERY FIRST QUESTON YOU SHOULD BE ASKING YOURSELF WHEN YOU GO TO BUY OR TRADE FOR A USED CAR – “HOW AM I GOING TO GET OUT OF THIS USED CAR?” THAT IS A MARKETING DECISION
The “Book” really no longer has any value from a purchase perspective; the only thing that does have value is what cars are selling now and how much you can get for it. If you have a good recon dept. a great sales process and great marketing you can pay more for a car than the other guy because you can sell it for more and you can get out of it faster.
This was true 20+ years ago when I started in the car business and its true today, the only difference you have better tools and information to make those decisions but make no mistake if you are doing it right you are making them based on marketing.
Those are my thoughts what say you?
Larry Bruce @pcmguy
No Comments
MicrositesByU.com
Is What Your Dealership Stock a Marketing Decision?
This was a question asked on Dealerrefresh by Ed Brooks of vAuto. I find this a very interesting question for a lot of reasons and my answer is YES where you have control over it.
Obviously in a new car franchise you have less control as your inventory is dictated a great deal by the OEM but even they somewhat dictate your allocation by marketing. In our Toyota store here in Houston that I ran in the 90’s GST would give us our allocation based on our “Rolling 90” the average number of vehicles we sold in a 30 day period for the last 90 days. In a sense you could say they were dictating what we stocked by Marketing.
During the worst days of GM’s VOMS program at our Chevrolet store we fought to get the best vehicles including the Avalanche a very popular vehicle from 99 – 2001 Why? They sold better “Marketing”.
In a sense one could say and I will say it, what you stock has ALWAYS been a “Marketing Decision”.
Back then I would line up Chevrolet and Ford Trucks on the front line or our Toyota store, this would just twist our GST reps head, but my point then was the same then as it is now.
“I have huge sign that says I sell Toyota’s and people know that what they don’t know is what else I have and there are a lot of potential customers driving by our store that are going to buy a Chevy or Ford pickup and I want them to know we are a choice for them.” –
I made it a point to stock that “Product” on our Toyota lot and “Place” it where I did: IE “A Marketing Decision”.
In used cars you are 100% in control of what you stock (one of the reasons why I love that business) and if you are doing that right you are basing what you stock on marketing decisions “What Sells” NOT what you can buy cheap!
THE VERY FIRST QUESTON YOU SHOULD BE ASKING YOURSELF WHEN YOU GO TO BUY OR TRADE FOR A USED CAR – “HOW AM I GOING TO GET OUT OF THIS USED CAR?” THAT IS A MARKETING DECISION
The “Book” really no longer has any value from a purchase perspective; the only thing that does have value is what cars are selling now and how much you can get for it. If you have a good recon dept. a great sales process and great marketing you can pay more for a car than the other guy because you can sell it for more and you can get out of it faster.
This was true 20+ years ago when I started in the car business and its true today, the only difference you have better tools and information to make those decisions but make no mistake if you are doing it right you are making them based on marketing.
Those are my thoughts what say you?
Larry Bruce @pcmguy
No Comments
MicrositesByU.com
Why you don’t need a website provider
Some people have heard me say this in the past
“It’s not your website provider’s job to give you a working website. It’s their job to give you a functional one; it’s your job to make it work”
What does that mean…REALLY?
• It’s Your Job – to know what keywords to rank for
• It’s Your Job – to create good content to make that site rank
• It’s Your Job – to work to get the backlinks to your site
At the end of the day that is exactly what SEO (Search Engine Optimization) is Keywords, Good Content & Backlinks it is really that simple and also that hard…Why?
Because we have been conditioned to think our website provider is going to do it for us. I can’t tell you how many times I hear website providers tell dealers “Our sites rank better and have better SEO than what you have now” and how many times dealer change website providers because they think the new website will be the magic bullet to get them ranked better, more traffic and more leads…WRONG!
In fact the website is pretty much worthless without the right online marketing strategy.
“Reality… the website should be FREE”
It is the tool of the online marketer not the online marketing strategy and that’s why I say…
“You don’t need a website provider you need a web marketing company that provides websites”
Without the marketing the website has NO VALUE.
What does a good online marketing strategy look like? Like this:
Now here comes the sad part ¾ of this you can’t even do because you lease you website presence from your provider you don’t own the property, and even if you did manage to find a good way to optimize your site it would only be a matter of hours before the other guy down the road on the same website platform had it too.
“The Law of equal incompetence” You can be no better than the network you’re on.
“AS LONG AS YOU LEASE THE PROPERTY YOU CAN GET NO COMPETITIVE ADVANTAGE”
So what’s a web marketer to do? Optimally?
- Get your own website
- Start an aggressive PPC & landing page campaign find the keywords that convert and start your online marketing efforts with them
- Create a lot of good relevant content in your website 400 pages plus around those keywords
- Get a wordpress.org blog make sure you set it up as a subdomain of your website
- Create 30 plus relevant SEO optimized blog posts per month around your target keywords
- Profile your customers & Facebook friends for interests
- Share through social 20 pieces of content per day relevant to your audience
- Integrate your social campaigns to your web presence to get the maximum traffic, SEO & conversion value
- Use behavior targeting to drive organic traffic to high converting landing pages
- ABT (ALWAYS BE TESTING) Split test everything often
I hope this post gets you thinking about your website and web marketing in a very different way, that was my goal.
If you want to know more or have questions we do a webinar on these very topics every Tuesday 1pm Central Standard Time , Click Here - Own Your Web Presence
Hope this helps
Larry Bruce - @pcmguy
No Comments
MicrositesByU.com
Why you don’t need a website provider
Some people have heard me say this in the past
“It’s not your website provider’s job to give you a working website. It’s their job to give you a functional one; it’s your job to make it work”
What does that mean…REALLY?
• It’s Your Job – to know what keywords to rank for
• It’s Your Job – to create good content to make that site rank
• It’s Your Job – to work to get the backlinks to your site
At the end of the day that is exactly what SEO (Search Engine Optimization) is Keywords, Good Content & Backlinks it is really that simple and also that hard…Why?
Because we have been conditioned to think our website provider is going to do it for us. I can’t tell you how many times I hear website providers tell dealers “Our sites rank better and have better SEO than what you have now” and how many times dealer change website providers because they think the new website will be the magic bullet to get them ranked better, more traffic and more leads…WRONG!
In fact the website is pretty much worthless without the right online marketing strategy.
“Reality… the website should be FREE”
It is the tool of the online marketer not the online marketing strategy and that’s why I say…
“You don’t need a website provider you need a web marketing company that provides websites”
Without the marketing the website has NO VALUE.
What does a good online marketing strategy look like? Like this:
Now here comes the sad part ¾ of this you can’t even do because you lease you website presence from your provider you don’t own the property, and even if you did manage to find a good way to optimize your site it would only be a matter of hours before the other guy down the road on the same website platform had it too.
“The Law of equal incompetence” You can be no better than the network you’re on.
“AS LONG AS YOU LEASE THE PROPERTY YOU CAN GET NO COMPETITIVE ADVANTAGE”
So what’s a web marketer to do? Optimally?
- Get your own website
- Start an aggressive PPC & landing page campaign find the keywords that convert and start your online marketing efforts with them
- Create a lot of good relevant content in your website 400 pages plus around those keywords
- Get a wordpress.org blog make sure you set it up as a subdomain of your website
- Create 30 plus relevant SEO optimized blog posts per month around your target keywords
- Profile your customers & Facebook friends for interests
- Share through social 20 pieces of content per day relevant to your audience
- Integrate your social campaigns to your web presence to get the maximum traffic, SEO & conversion value
- Use behavior targeting to drive organic traffic to high converting landing pages
- ABT (ALWAYS BE TESTING) Split test everything often
I hope this post gets you thinking about your website and web marketing in a very different way, that was my goal.
If you want to know more or have questions we do a webinar on these very topics every Tuesday 1pm Central Standard Time , Click Here - Own Your Web Presence
Hope this helps
Larry Bruce - @pcmguy
No Comments
MicrositesByU.com
Strategies NOT Tactics Ignite11
All too often what we think are strategies are mere tactics and are driven by technology vendors want to sell us. I put together this 2.5 day class for our clients and perspective clients on Strategies to help them better define their own strategy online & off.
This is a 2hr version of a 2.5 day class.
No Comments
MicrositesByU.com
Strategies NOT Tactics Ignite11
All too often what we think are strategies are mere tactics and are driven by technology vendors want to sell us. I put together this 2.5 day class for our clients and perspective clients on Strategies to help them better define their own strategy online & off.
This is a 2hr version of a 2.5 day class.
No Comments
MicrositesByU.com
Coffee’s for Closers…Negotiation AINT the close
I love reading Jim Ziegler’s articles there is a lot of hard core truth in what he writes, most of all you can bet he is passionate and believes and lives every word. While reading this latest article “Coffee’s for Closers” it floored me that we still see this connection between the “PRICE” and the close. What’s even more ironic is that is that what actually “CLOSES” a car sale is as old school as it gets and hasn’t changed in the last 50 years.
You all know what I am talking about…To put in James Carville terms “It’s about the relationship…stupid”
Now I am certainly not going to say that price isn’t a concern, you will address, it but I will say… IT AINT THE CLOSE and I will go even further and say… IT NEVER HAS BEEN.
Back in march of last year after South By Southwest I wrote a post called “The Currency of Trust” in this post I shared my ideas on how trust was built in a car sale before the introduction of the internet and social media and how the internet and social media is redefining the building of trust today, and therein lies the CHANGE in the sales pr
ocess.
It’s not a change in human behavior for the last 30 years people have been shopping for a car salesperson not a car. It’s a change in how long we now have to engage with customers a change in the channels we engage with those customers in and the way in which customers are starting to use the internet to formulate their opinions of how trustworthy your dealership really is.
This is a part of the “Old School” sales training I received from a set of Clint McGee Auto Sales Training tapes back in 1984 when I first started selling cars…yes I am that old.
The premise of this graphic was that if you took the time with the customer to get to know them, answer their questions, sell yourself, the dealership and the benefits of that car for their needs the “Close” would be relatively short and you would make more gross profit.
You had 3 days to do this over the phone and most of it was accomplished on the lot.
The “New School” and the fool here is the one that ignores this:
The customers process starts earlier because they have access to more information and with that access most feel very uncomfortable if they don’t at least do some research before they buy.
Make no mistake the customer shops for the car first and the dealership a distant second, but now the process of shopping for a dealership can involve multiple channels and there is a lot more opportunity for a lot more “Second Basemen” to be involved in that dealership shopping process.
Ease of access to information about your dealership and the ability to engage remotely has stretched the time a customer is willing to take to shop for a dealership & what used to take place in 3 days can now take as much as 90 days.
Why?
Because the customer CAN…
So what do you do about it?
You do what GOOD salespeople have done for over 50 years.
Listen and help the customer with THEIR needs
Be responsive to information on the customer’s timeline
Be transparent with the information you provide
Be authentic and genuine in your desire to get the customer the best buying experience for them
This again hasn’t changed in 50 years.
So… “Excuse Me” but “One Price”… “No Haggle” these are just tactics they are not sales skills and for that matter neither is “negotiation”. You wanna be a good salesperson be good at the above, be prepared to a talk about your price what the customer gets and why they should want to pay that amount and buy from you. In many ways you have to be a better salesperson if you are a “One Price” store.
That’s my $0.02 cents…what say you?
No Comments
MicrositesByU.com
Coffee’s for Closers…Negotiation AINT the close
I love reading Jim Ziegler’s articles there is a lot of hard core truth in what he writes, most of all you can bet he is passionate and believes and lives every word. While reading this latest article “Coffee’s for Closers” it floored me that we still see this connection between the “PRICE” and the close. What’s even more ironic is that is that what actually “CLOSES” a car sale is as old school as it gets and hasn’t changed in the last 50 years.
You all know what I am talking about…To put in James Carville terms “It’s about the relationship…stupid”
Now I am certainly not going to say that price isn’t a concern, you will address, it but I will say… IT AINT THE CLOSE and I will go even further and say… IT NEVER HAS BEEN.
Back in march of last year after South By Southwest I wrote a post called “The Currency of Trust” in this post I shared my ideas on how trust was built in a car sale before the introduction of the internet and social media and how the internet and social media is redefining the building of trust today, and therein lies the CHANGE in the sales pr
ocess.
It’s not a change in human behavior for the last 30 years people have been shopping for a car salesperson not a car. It’s a change in how long we now have to engage with customers a change in the channels we engage with those customers in and the way in which customers are starting to use the internet to formulate their opinions of how trustworthy your dealership really is.
This is a part of the “Old School” sales training I received from a set of Clint McGee Auto Sales Training tapes back in 1984 when I first started selling cars…yes I am that old.
The premise of this graphic was that if you took the time with the customer to get to know them, answer their questions, sell yourself, the dealership and the benefits of that car for their needs the “Close” would be relatively short and you would make more gross profit.
You had 3 days to do this over the phone and most of it was accomplished on the lot.
The “New School” and the fool here is the one that ignores this:
The customers process starts earlier because they have access to more information and with that access most feel very uncomfortable if they don’t at least do some research before they buy.
Make no mistake the customer shops for the car first and the dealership a distant second, but now the process of shopping for a dealership can involve multiple channels and there is a lot more opportunity for a lot more “Second Basemen” to be involved in that dealership shopping process.
Ease of access to information about your dealership and the ability to engage remotely has stretched the time a customer is willing to take to shop for a dealership & what used to take place in 3 days can now take as much as 90 days.
Why?
Because the customer CAN…
So what do you do about it?
You do what GOOD salespeople have done for over 50 years.
Listen and help the customer with THEIR needs
Be responsive to information on the customer’s timeline
Be transparent with the information you provide
Be authentic and genuine in your desire to get the customer the best buying experience for them
This again hasn’t changed in 50 years.
So… “Excuse Me” but “One Price”… “No Haggle” these are just tactics they are not sales skills and for that matter neither is “negotiation”. You wanna be a good salesperson be good at the above, be prepared to a talk about your price what the customer gets and why they should want to pay that amount and buy from you. In many ways you have to be a better salesperson if you are a “One Price” store.
That’s my $0.02 cents…what say you?
No Comments
No Comments