MicrositesByU.com
Why Is Conversion More Important Than Lot Traffic
“The only thing you’ll will need is crowd control”
That was the tag line I used when I first started “Outside The Box Marketing” in 1997, that business was a direct mail marketing company for event sales, you know these sales we’ve all done them:
· The Gorilla on the roof
· Burgers and hotdogs on the grill
· Greeters in short skirts
· The red and the blue balloons (do you remember what the blue balloon meant?)
· 100,000 pieces of zipcode saturation mail
All equaled then a mass of people on the lot. I can still remember the look on the faces of the GM’s and dealers we did this with back then…Big smiles on their face, beatin on their chest “look at what I have done” as they looked over the sea of people on the lot.
The problem I kept seeing is that the board wasn’t increasing much over their normal Saturday. For most of my competitors this didn’t bother them they were fulfilling a need for TRAFFIC and they saw this as doing what the dealer wanted them to do and never looked beyond the actual perceived need of the dealer.
My dealer background wouldn’t allow me to do that, I knew there had to be a better way so I sold that business and started AIMData in 1999 and the rest of that story is for another post.
The point is we are repeating this cycle of TRAFFIC only now it is online not on the lot.
I have been challenged by some in the automotive community that say:
“Wouldn’t you rather have the customer on the lot, that is what our service does…get’s them to the lot”
Here is what I have to say to them:
“Until someone invents a brain scan that can tell the thoughts of a customer as they enter the lot, NONE of us know why the customer came on the lot”
“As a marketer or a marketing company in this industry to say that your marketing brought the customer to the lot is a REDICULOUS statement to make.”
More often than not the reason a customer just shows up on the lot is a combination of several messages and you don't know which one of them set the action in motion. This has always been the problem with traditional media and why John Wannamaker first said “I know 50% of my advertising is wasted…I just don't know what 50%”
Enter Conversion Marketing:
With conversion marketing you know exactly what got the response you wanted, whatever that is a form, a call, an email, a friend or follow you know. You know because you can track it down to the page where it happened and you can see the path the customer took to get there.
To a marketer this is more important than lot traffic, why? Because we can see the behavior and test what gets more of that behavior. Then we can take what we have learned and apply it to traditional media making it more effective to get the behavior we want there.
Conversion is the most important thing to your marketing because it is the only thing that is absolutely Trackable down to view of the offer that is being presented. This is why I get so upset when I hear some vendor spinning a dealer up about traffic, when I hear some online marketing company or listing company talking about how they got the customer to the lot. Its just spin to sell more their product its not helping the dealer if you really want to help the dealer, show them and tell them about what you are doing to get more customers to ACT not LOOK… as a dealer I need action:
“Eyeballs on site, fictional customers that came in maybe because they saw your ad or listing don't help me nor do they interest me.”
In the famous words of a great marketing campaign from the 90’s “Show me the conversions”
I’ll be talking a lot more detail on a Conversion Marketing Strategy, what it is, how you can do it and how it will help you cut your advertising costs and raise sales at the Internet Battle Plan in ATL on the 18th, 19th and 20th of this month Click Here for more info on that event. If you can make it I hope to meet you there. If not stay tuned I will share as much as I can online over the next few months.
Larry Bruce
@pcmguy
MicrositesByU.com
Why Is Conversion More Important Than Lot Traffic
“The only thing you’ll will need is crowd control”
That was the tag line I used when I first started “Outside The Box Marketing” in 1997, that business was a direct mail marketing company for event sales, you know these sales we’ve all done them:
· The Gorilla on the roof
· Burgers and hotdogs on the grill
· Greeters in short skirts
· The red and the blue balloons (do you remember what the blue balloon meant?)
· 100,000 pieces of zipcode saturation mail
All equaled then a mass of people on the lot. I can still remember the look on the faces of the GM’s and dealers we did this with back then…Big smiles on their face, beatin on their chest “look at what I have done” as they looked over the sea of people on the lot.
The problem I kept seeing is that the board wasn’t increasing much over their normal Saturday. For most of my competitors this didn’t bother them they were fulfilling a need for TRAFFIC and they saw this as doing what the dealer wanted them to do and never looked beyond the actual perceived need of the dealer.
My dealer background wouldn’t allow me to do that, I knew there had to be a better way so I sold that business and started AIMData in 1999 and the rest of that story is for another post.
The point is we are repeating this cycle of TRAFFIC only now it is online not on the lot.
I have been challenged by some in the automotive community that say:
“Wouldn’t you rather have the customer on the lot, that is what our service does…get’s them to the lot”
Here is what I have to say to them:
“Until someone invents a brain scan that can tell the thoughts of a customer as they enter the lot, NONE of us know why the customer came on the lot”
“As a marketer or a marketing company in this industry to say that your marketing brought the customer to the lot is a REDICULOUS statement to make.”
More often than not the reason a customer just shows up on the lot is a combination of several messages and you don't know which one of them set the action in motion. This has always been the problem with traditional media and why John Wannamaker first said “I know 50% of my advertising is wasted…I just don't know what 50%”
Enter Conversion Marketing:
With conversion marketing you know exactly what got the response you wanted, whatever that is a form, a call, an email, a friend or follow you know. You know because you can track it down to the page where it happened and you can see the path the customer took to get there.
To a marketer this is more important than lot traffic, why? Because we can see the behavior and test what gets more of that behavior. Then we can take what we have learned and apply it to traditional media making it more effective to get the behavior we want there.
Conversion is the most important thing to your marketing because it is the only thing that is absolutely Trackable down to view of the offer that is being presented. This is why I get so upset when I hear some vendor spinning a dealer up about traffic, when I hear some online marketing company or listing company talking about how they got the customer to the lot. Its just spin to sell more their product its not helping the dealer if you really want to help the dealer, show them and tell them about what you are doing to get more customers to ACT not LOOK… as a dealer I need action:
“Eyeballs on site, fictional customers that came in maybe because they saw your ad or listing don't help me nor do they interest me.”
In the famous words of a great marketing campaign from the 90’s “Show me the conversions”
I’ll be talking a lot more detail on a Conversion Marketing Strategy, what it is, how you can do it and how it will help you cut your advertising costs and raise sales at the Internet Battle Plan in ATL on the 18th, 19th and 20th of this month Click Here for more info on that event. If you can make it I hope to meet you there. If not stay tuned I will share as much as I can online over the next few months.
Larry Bruce
@pcmguy
No Comments
MicrositesByU.com
Join Us Every Wednesday 12pm to 1pm CST for #automarketing Tweet Chat
It has been suggested that we start an #automarketing tweet chat. So as is my fashion I just went ahead and did it.
Please join us every Wednesday 12pm to 1pm CST (Central Time) for #AutoMarketing Tweet Chat. This is your chance to engage with some of the most talented and brightest in the Auto Marketing space we will be discussing sales & service marketing from Social Media to Traditional and everything in between.
To follow the stream easily go to http://tweetchat.com/ and sign in with your twitter account if you don't have a twitter account this is a great reason and opportunity to get one go to www.twitter.com and sign up it's free and if you don't use it for anything else but to learn from the #automarketing tweet chat forum it will be worth it.
So come jump in the conversation,
Larry Bruce
@pcmguy
No Comments
MicrositesByU.com
Join Us Every Wednesday 12pm to 1pm CST for #automarketing Tweet Chat
It has been suggested that we start an #automarketing tweet chat. So as is my fashion I just went ahead and did it.
Please join us every Wednesday 12pm to 1pm CST (Central Time) for #AutoMarketing Tweet Chat. This is your chance to engage with some of the most talented and brightest in the Auto Marketing space we will be discussing sales & service marketing from Social Media to Traditional and everything in between.
To follow the stream easily go to http://tweetchat.com/ and sign in with your twitter account if you don't have a twitter account this is a great reason and opportunity to get one go to www.twitter.com and sign up it's free and if you don't use it for anything else but to learn from the #automarketing tweet chat forum it will be worth it.
So come jump in the conversation,
Larry Bruce
@pcmguy
No Comments
MicrositesByU.com
About.me The Beginning of Social Aggregation
Ok this isn’t a post about me or is it…the lines are getting blurry aren’t they. Yesterday I read I read 7 articles all having to do with social media many others but that was the biggest portion. Here they are if you would like to read them.
10 Social Media Trends for 2011
The Difference Between Friends, Fans and Followers
Creating Your Own Brand Network Like Oprah Winfrey - Sent via twitter from Brian Clark @copyblogger a blog you should read daily if you are marketing on the net
Facebook eCommerce the Future of Online Shopping by JD Rucker he always makes me think differently
Improve Your Influence by Chris Brogan another guy everyone should read daily its no wonder he’s an overnight success
25 Ways to Get More Social Media Followers from Hubspot another blog I read daily and you should too.
Aside for the obvious that social media is big, it occurred to me that there needs to be a place to pool all your social media sites together so people can get the information they want about you when they want it, the way they want it… sound familiar?
“I want what I want, when I want it the way I want it and I’ll get it” my online customer mantra.
Then I get this article from Mashable AOL Acquires About.me 4 Days After Official Launch well that proves my second mantra about the web one I got from Tim Ash @Tim_ash “There is nothing new under the sun on the web” it seems that About.me has done it or at least started the era of social aggregation.
One place for all your social connections, one place to allow your friends, fans and followers to get to the social connection site of their choice to connect with you.
So what does this mean to you on the floor? Well I have said since the early 90’s customers are not shopping for a car they are shopping for a salesperson. Here one place where your salespeople can place connections for all their social connections, for now there will be more on this site soon.
So what do you need to do now? Get all your personel to go to About.me now get their profile while they are plentiful. Secondly look at building a page in your website with links to these about.me pages so your customers can see what your people are all about.
Also get you dealerships name, this is subjective but I think this will become a big deal for companies too and it’s free so get your dealerships profile there now.
This is an app to watch if they do it right it will the gateway into a person’s online social world.
Larry Bruce @pcmguy.com
No Comments
MicrositesByU.com
About.me The Beginning of Social Aggregation
Ok this isn’t a post about me or is it…the lines are getting blurry aren’t they. Yesterday I read I read 7 articles all having to do with social media many others but that was the biggest portion. Here they are if you would like to read them.
10 Social Media Trends for 2011
The Difference Between Friends, Fans and Followers
Creating Your Own Brand Network Like Oprah Winfrey - Sent via twitter from Brian Clark @copyblogger a blog you should read daily if you are marketing on the net
Facebook eCommerce the Future of Online Shopping by JD Rucker he always makes me think differently
Improve Your Influence by Chris Brogan another guy everyone should read daily its no wonder he’s an overnight success
25 Ways to Get More Social Media Followers from Hubspot another blog I read daily and you should too.
Aside for the obvious that social media is big, it occurred to me that there needs to be a place to pool all your social media sites together so people can get the information they want about you when they want it, the way they want it… sound familiar?
“I want what I want, when I want it the way I want it and I’ll get it” my online customer mantra.
Then I get this article from Mashable AOL Acquires About.me 4 Days After Official Launch well that proves my second mantra about the web one I got from Tim Ash @Tim_ash “There is nothing new under the sun on the web” it seems that About.me has done it or at least started the era of social aggregation.
One place for all your social connections, one place to allow your friends, fans and followers to get to the social connection site of their choice to connect with you.
So what does this mean to you on the floor? Well I have said since the early 90’s customers are not shopping for a car they are shopping for a salesperson. Here one place where your salespeople can place connections for all their social connections, for now there will be more on this site soon.
So what do you need to do now? Get all your personel to go to About.me now get their profile while they are plentiful. Secondly look at building a page in your website with links to these about.me pages so your customers can see what your people are all about.
Also get you dealerships name, this is subjective but I think this will become a big deal for companies too and it’s free so get your dealerships profile there now.
This is an app to watch if they do it right it will the gateway into a person’s online social world.
Larry Bruce @pcmguy.com
No Comments
MicrositesByU.com
9 Habits of a Highly Effective Conversion Marketing Strategy
A few days ago I posted “Good News and Bad News about Microsites and Landing Pages.”
In that post I said that many dealers are getting microsites, which is good; however they are getting them for the wrong reasons, and that’s bad. I don't see a lot of strategy behind most microsite initiatives and, to be honest, there are more than a few vendors selling them with no strategy at all, and for all the wrong reasons.
I have had several requests to go into some detail on this so I will in this post.
Microsite and landing page optimization is not a onetime thing; it’s an all-the-time thing. Microsites and landing pages focus traffic on specific offers, promotions, and messages, and are designed to remove distraction and logically lead the visitor to conversion.
To achieve real improvements in your conversion rates, optimization needs to be a part of your marketing culture – it needs to be a habit. In the spirit of Franklin Covey’s book, here are nine habits required to develop a highly effective conversion marketing strategy:
1. First, understand your traffic driver types and how you intend to used microsites or landing pages with them. It takes both traffic drivers and landing conversion to make a good conversion marketing strategy work.
There are three traffic driver types:
a. Continuous: Continuous traffic drivers are ongoing messages. Think of them as your autonomic marketing, like breathing. These messages are the lifeblood of your conversion marketing strategy. Your landing pages for these traffic drivers are the key to success. The higher your conversion rate, the more money you can comfortably spend on these traffic driver channels.
i. Example: Search Marketing (product site, etc.)
ii. Example: Service Reminders mailings and emails
iii. Example: Declined Service mailings and emails
These marketing messages are ongoing. By using microsites and landing pages for each, you can communicate more, allow the user to get to the content they are looking for quickly, and convert more from each channel.
b. Campaigns – Campaigns are just what you think they are: special offers and promotions. From your dealership and my be in conjunction with other offers going on at the time. Campaigns should be unique to your store, have a clear store-driven value proposition, and most importantly, a single clear call to action. So many times I see email campaigns that are three paragraphs long with no clear value proposition and no call to action, then a link to, of all things, the dealership’s Random Access Website (RAW, I love that acronym) home page. You couldn’t be more irrelevant to the customer you’re interacting with. Please—stop doing this.
Microsites and landing pages make it easy to overview the offer in the channel and then allow the visitor to land and go to the content they want to see, rather than trying to squeeze all the information into the channel, where users read only a small portion and then, not finding what they want, move on. Then, to make matters worse, you deliver them to the home page of your site—which has nothing to do with what you were talking about in the channel—and expect the visitor to somehow just know what to do. Use your landing page to shorten your channel conversation and let the visitor get to the content they want to see fast.
c. Events and Cause Marketing – These usually happen, at most, once per quarter. Examples of these are OEM events, Lexus December to Remember, Toyotathon, Honda Mr. Opportunity, etc.
Cause marketing examples: We are now creating them for clients like Toys for Tots, the Make a Wish Foundation, etc.
Your microsites for these types of clients will connect your unique selling proposition with the event or cause, allowing you to compete for attention at the search marketing level with the OEM and the cause alike, which helps both you and the cause achieve your goals.
2. Not all traffic and clicks are created equal.
There is some traffic you just don't want, particularly when it comes to search marketing. Many times I see vendors bid on generic broad-match terms in an effort to show the dealership that they attract a lot of traffic to their sites, only to end up with a high bounce rate and no more leads than they had before. Conversion marketing isn’t about traffic – it’s about the lead, the sale, or the Facebook friend and/or follow, and everything you do should optimize that conversion.
Make sure you are bidding on converting keywords and phrases, and make sure they are at least phrase matches or, preferably, exact matches. Finally, above all else, make sure your landing page matches your ad and fulfills the promise it makes to the consumer.
3. Inject conversion optimization into your organization’s marketing culture.
Just because you know you need to implement an effective microsite and/or landing page optimization program, it doesn’t mean that everyone is on board. Help your dealer, management team, website vendor, marketing vendors, and other teammates understand that conversion optimization directly impacts the dealership’s bottom line, and that implementation is a top priority. This may not be easy, but if you continuously build the case for conversion optimization, you’ll ensure that nothing gets in the way of your conversion marketing strategy.
4. Begin with the end in mind.
Start every new test, every new program, and every new initiative with the end in mind. What are your goals for the offer and for landing page optimization? What's the conversion funnel going to look like? What kind of conversion rate improvement do you want to achieve? By beginning with the end in mind, you’ll make sure you take all the required steps toward boosting your conversions, and, along the way, you’ll be able to easily evaluate the effectiveness of your programs.
A boost to your work ethic, and a boost to your results.
5. Work in real time.
Online marketing moves at an exhilarating pace, and so should your landing page program. You’ll achieve the best results by minimizing the time in between landing page launch, analysis, and new tests. The longer you drive traffic to ineffective landing pages, the more gross profit you’ll lose. You should work to design and implement Microsite and landing page in a day or less.
6. Think outside the box. Differentiate.
Think beyond single pages and generic experiences. When you’re a visitor clicking on multiple ads, landing page sites can start to look alike: a form here, a headline there, a hero shot over there. But you’ll get noticed in a sea of competition if you start to think outside the box. Add a widget. Test a vehicle selector. Try video. Add a little Flash. Eschew generic. Differentiate.
7. Start with macro tests, then fine tune elements with micro tests.
Begin your testing program with macro-level, A/B tests. Test completely different experiences against each other, and once you find champions, fine tune the elements of your pages (hero shots, headlines, etc.). Start big. Continue small. Don't just test content test offers and price by geography.
8. Don’t wait for perfection. Just get the ball rolling.
The best Microsite/landing page critics are your visitors—not your vendor, your management team, and especially not you or your dealer. Don’t wait to launch a test until you think your landing page is perfect; launch it and let your visitors tell you what works, and what doesn’t.
9. Never settle. Always be testing.
Unless you’re converting at 100%, you must always look for the next opportunity for optimization. Revel in the glory of your wins, but don't be afraid of failure. Learn from it, but move on to the next step. As soon as you’re satisfied with the status quo, your results will suffer. Never stop optimizing, and never stop testing. Always look for the next opportunity for improvement.
I hope this helps get your dealerships started on a conversion marketing path.
Larry Bruce - @pcmguy
No Comments
MicrositesByU.com
9 Habits of a Highly Effective Conversion Marketing Strategy
A few days ago I posted “Good News and Bad News about Microsites and Landing Pages.”
In that post I said that many dealers are getting microsites, which is good; however they are getting them for the wrong reasons, and that’s bad. I don't see a lot of strategy behind most microsite initiatives and, to be honest, there are more than a few vendors selling them with no strategy at all, and for all the wrong reasons.
I have had several requests to go into some detail on this so I will in this post.
Microsite and landing page optimization is not a onetime thing; it’s an all-the-time thing. Microsites and landing pages focus traffic on specific offers, promotions, and messages, and are designed to remove distraction and logically lead the visitor to conversion.
To achieve real improvements in your conversion rates, optimization needs to be a part of your marketing culture – it needs to be a habit. In the spirit of Franklin Covey’s book, here are nine habits required to develop a highly effective conversion marketing strategy:
1. First, understand your traffic driver types and how you intend to used microsites or landing pages with them. It takes both traffic drivers and landing conversion to make a good conversion marketing strategy work.
There are three traffic driver types:
a. Continuous: Continuous traffic drivers are ongoing messages. Think of them as your autonomic marketing, like breathing. These messages are the lifeblood of your conversion marketing strategy. Your landing pages for these traffic drivers are the key to success. The higher your conversion rate, the more money you can comfortably spend on these traffic driver channels.
i. Example: Search Marketing (product site, etc.)
ii. Example: Service Reminders mailings and emails
iii. Example: Declined Service mailings and emails
These marketing messages are ongoing. By using microsites and landing pages for each, you can communicate more, allow the user to get to the content they are looking for quickly, and convert more from each channel.
b. Campaigns – Campaigns are just what you think they are: special offers and promotions. From your dealership and my be in conjunction with other offers going on at the time. Campaigns should be unique to your store, have a clear store-driven value proposition, and most importantly, a single clear call to action. So many times I see email campaigns that are three paragraphs long with no clear value proposition and no call to action, then a link to, of all things, the dealership’s Random Access Website (RAW, I love that acronym) home page. You couldn’t be more irrelevant to the customer you’re interacting with. Please—stop doing this.
Microsites and landing pages make it easy to overview the offer in the channel and then allow the visitor to land and go to the content they want to see, rather than trying to squeeze all the information into the channel, where users read only a small portion and then, not finding what they want, move on. Then, to make matters worse, you deliver them to the home page of your site—which has nothing to do with what you were talking about in the channel—and expect the visitor to somehow just know what to do. Use your landing page to shorten your channel conversation and let the visitor get to the content they want to see fast.
c. Events and Cause Marketing – These usually happen, at most, once per quarter. Examples of these are OEM events, Lexus December to Remember, Toyotathon, Honda Mr. Opportunity, etc.
Cause marketing examples: We are now creating them for clients like Toys for Tots, the Make a Wish Foundation, etc.
Your microsites for these types of clients will connect your unique selling proposition with the event or cause, allowing you to compete for attention at the search marketing level with the OEM and the cause alike, which helps both you and the cause achieve your goals.
2. Not all traffic and clicks are created equal.
There is some traffic you just don't want, particularly when it comes to search marketing. Many times I see vendors bid on generic broad-match terms in an effort to show the dealership that they attract a lot of traffic to their sites, only to end up with a high bounce rate and no more leads than they had before. Conversion marketing isn’t about traffic – it’s about the lead, the sale, or the Facebook friend and/or follow, and everything you do should optimize that conversion.
Make sure you are bidding on converting keywords and phrases, and make sure they are at least phrase matches or, preferably, exact matches. Finally, above all else, make sure your landing page matches your ad and fulfills the promise it makes to the consumer.
3. Inject conversion optimization into your organization’s marketing culture.
Just because you know you need to implement an effective microsite and/or landing page optimization program, it doesn’t mean that everyone is on board. Help your dealer, management team, website vendor, marketing vendors, and other teammates understand that conversion optimization directly impacts the dealership’s bottom line, and that implementation is a top priority. This may not be easy, but if you continuously build the case for conversion optimization, you’ll ensure that nothing gets in the way of your conversion marketing strategy.
4. Begin with the end in mind.
Start every new test, every new program, and every new initiative with the end in mind. What are your goals for the offer and for landing page optimization? What's the conversion funnel going to look like? What kind of conversion rate improvement do you want to achieve? By beginning with the end in mind, you’ll make sure you take all the required steps toward boosting your conversions, and, along the way, you’ll be able to easily evaluate the effectiveness of your programs.
A boost to your work ethic, and a boost to your results.
5. Work in real time.
Online marketing moves at an exhilarating pace, and so should your landing page program. You’ll achieve the best results by minimizing the time in between landing page launch, analysis, and new tests. The longer you drive traffic to ineffective landing pages, the more gross profit you’ll lose. You should work to design and implement Microsite and landing page in a day or less.
6. Think outside the box. Differentiate.
Think beyond single pages and generic experiences. When you’re a visitor clicking on multiple ads, landing page sites can start to look alike: a form here, a headline there, a hero shot over there. But you’ll get noticed in a sea of competition if you start to think outside the box. Add a widget. Test a vehicle selector. Try video. Add a little Flash. Eschew generic. Differentiate.
7. Start with macro tests, then fine tune elements with micro tests.
Begin your testing program with macro-level, A/B tests. Test completely different experiences against each other, and once you find champions, fine tune the elements of your pages (hero shots, headlines, etc.). Start big. Continue small. Don't just test content test offers and price by geography.
8. Don’t wait for perfection. Just get the ball rolling.
The best Microsite/landing page critics are your visitors—not your vendor, your management team, and especially not you or your dealer. Don’t wait to launch a test until you think your landing page is perfect; launch it and let your visitors tell you what works, and what doesn’t.
9. Never settle. Always be testing.
Unless you’re converting at 100%, you must always look for the next opportunity for optimization. Revel in the glory of your wins, but don't be afraid of failure. Learn from it, but move on to the next step. As soon as you’re satisfied with the status quo, your results will suffer. Never stop optimizing, and never stop testing. Always look for the next opportunity for improvement.
I hope this helps get your dealerships started on a conversion marketing path.
Larry Bruce - @pcmguy
No Comments
MicrositesByU.com
Conversion Analysis AutoTrader, Cars.com and eBay Motors Listings and VDP’s
I have been in an interesting discussion on dealerrefresh.com with dealers, vendors, representatives of ATC and Cars.com over the last few days regarding the recent ATC acquisitions and their implications on dealers and this discussion has morphed into how to measure ATC, Cars and eBay Motors as classified listing services.
I have made my position very clear on this “You measure by conversion” Lead, Call, email or chat. However this discussion did morph into whether or not VDP views (Vehicle Display Pages) were a valid measurement and did they help the dealer?
This prompted me to do a thorough analysis from a conversion stand point of the listings and VDP view within each service ATC, Cars and eBay. Below in this power point is are my findings. I will leave it to the dealers to use this data to make up your mind as you will and to lend whatever wait you deem necessary in using it.
No Comments
MicrositesByU.com
Conversion Analysis AutoTrader, Cars.com and eBay Motors Listings and VDP’s
I have been in an interesting discussion on dealerrefresh.com with dealers, vendors, representatives of ATC and Cars.com over the last few days regarding the recent ATC acquisitions and their implications on dealers and this discussion has morphed into how to measure ATC, Cars and eBay Motors as classified listing services.
I have made my position very clear on this “You measure by conversion” Lead, Call, email or chat. However this discussion did morph into whether or not VDP views (Vehicle Display Pages) were a valid measurement and did they help the dealer?
This prompted me to do a thorough analysis from a conversion stand point of the listings and VDP view within each service ATC, Cars and eBay. Below in this power point is are my findings. I will leave it to the dealers to use this data to make up your mind as you will and to lend whatever wait you deem necessary in using it.
No Comments
No Comments