Potratz, Dealer Lead Driver, Exit Gadget
Are More Clicks the Secret to Success?
The focus of your digital strategy should be on driving the maximum number of clicks to your web site. Is that statement Fact of Fiction? Watch this week's Think Tank Tuesday and find out.
Potratz, Dealer Lead Driver, Exit Gadget
Tired of being in a Selfish Relationship?
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Potratz, Dealer Lead Driver, Exit Gadget
What is SEO and How is it Changing?
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Potratz, Dealer Lead Driver, Exit Gadget
What Are Communication Ad Extensions?
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Potratz, Dealer Lead Driver, Exit Gadget
Do Reviews Really Sell?
Do dealership reviews really sell cars? Are you confused about the discussions surrounding the importance of reviews? When you read reviews are you reading about the product or about where you are buying the product - Be Honest. This week on Think Tank Tuesday, learn the truth behind all the effort you've given to working on your dealership's reviews.
Want to learn about digital marketing strategies and how we can use them to help you? Then call us at 1-866-240-5492 or email thinktanktuesday@ppadv.com today!
Don't forget to sign up for Fact Finder Friday! We're just 10 days away from a spirited discussion you won't want to miss! Join Paul and his guest, Mark Tewart, author of "How to Be a Sales Superstar", as they deliberate the topic "Death of the Traditional Salesman".
Join us via Google Hangout on February 22, 2013 at 3pm EST!
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See you there!
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automotiveMastermind
Paul and I have been discussing this for a few days now on Twitter. The end result is that his opinion is derived from a Google Survey campaign, undefined "Dealer Surveys", and his personal experience and anecdotal stories of buying from Big Box National Retailers. I have nothing against Paul, but I do have something against misleading dealers, intentional or otherwise. Please read what market research experts have to say about the reliability of Google Surveys for this kind of empirical research here: http://www.mpdailyfix.com/marketing-experts-speak-up-against-googles-consumer-survey-tool/ The abridged version is that the results net a.)Weak Data Presented as Fact, b.) a DIY Method that Leads to Misunderstood Results, and c.)Lack of Segmentation that Hampers Usability. Those are the words of experts in their field, not mine. I think it is tremendously important that the community recognize that Paul represents an extreme minority position using his own research exclusively to support a position that is contrary to every other study on the topic. Google's ZMOT, Nielsen Trust Index 2011, About.com Trust Factors July 2012, Harvard Business Review study on YELP ratings Oct 2011, eMarketer study dated Feb 7th 2013 on proliferation of reviews to name a few, and that is just a few. (Unfortunately I can't hyperlink to these well known studies) Just this weekend at NADA, Automotive News covered industry research authority POLK at a press conference that used DealerRater data to authenticate a 25% greater lift in sales for dealers that average 4 stars as opposed to those that avg 2. Here is the coverage of the story that starts at the 1:47 mark: http://www.autonews.com/article/20130211/VIDEO/302119860/first-shift-plus-side-of-dealer-reviews&cciid=email-autonews-firstshift#axzz2KitivIUp Mr. Bob Shuman of Shuman Chrysler Dodge Jeep in his own words echoed the findings. He is far from alone. I have had a handful of dealership owners and employees that have reached out to me since Paul began promoting his study with their own personal accounts of sales attributed exclusively to their reviews. Consumers absolutely use 3rd party reviews of your business to determine where they will shop and buy. The idea that reviews matter less than coffee, carpet or toilet paper is preposterous, your online presence is an extension of your physical presence without distinction. None of those things matter at all if you are eliminated from the consumer's search because you believe the consumer isn't reading your reviews. They are equally who you are to the consumer. I know my tone probably seems harsh. Please know that I have nothing against Paul personally, but I feel strongly that dealers need to research this on their own, there is plenty of data out there. No offense at all to Paul, but I totally disagree.
PureCars
Based on my own personal experience both leveraging consumer reviews to sell cars while employed as the Director of Marketing and eCommerce at Acton Toyota in Massachusetts and then interacting with DealerRater clients while employed as the company's Vice President of Business Development, I can tell you with 100% certainly that yes, consumer reviews do indeed help to sell cars. Just my two cents.
Potratz, Dealer Lead Driver, Exit Gadget
How-To Correctly Allocate Your Marketing Budget
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Potratz, Dealer Lead Driver, Exit Gadget
How To Target The Consumer With Your Marketing Strategy
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Potratz, Dealer Lead Driver, Exit Gadget
How To Effectively Maximize Your Search Campaign
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Potratz, Dealer Lead Driver, Exit Gadget
Likes On Facebook: More Than Just A Thumbs Up
An abandoned Facebook page is truly a sad site. A page that has gone months without posts, no photos in site, and reviews and comments that have not been responded to is enough to depress any social media user. (user can be replaced with a different word..guru, junkie, fan, expert?)
Now, studies show that a poor Facebook page is more than just an eyesore. A recent market research study concluded that a full 50% of consumers value a brand’s Facebook page more than their website.
This study, which can be viewed here, http://mashable.com/2012/09/24/facebook-brand-page-value/, presented a full look at how a brand’s Facebook presence is viewed and valued. For example, 87% of people like brands on Facebook, and the number one motivation to do so is to take advantage of promotions, discounts, and giveaways. Equally important are the reasons why people choose to unlike brands, the number one being that the brand posted too frequently.
How can your dealership use this information to your advantage? First of all, make sure your Facebook page is well attended. Create a dynamic selection of postings, but don’t post too frequently. Make sure you give users an incentive to like your page. That can be by posting coupons for free services or gifts. For example, post a coupon for a discount on an oil change. Or, offer a coupon that will give users a free gift if they test drive a certain car. You can also run contests and award winners with a prize to increase interaction.
Of course, you’ll want to avoid posting too frequently. Don’t post more than 2 or 3 times per day, and space out your posts to reach customers who log onto Facebook at different times during the day. Always make sure your content is important, relevant, and varied.
While it’s essential to brand management to have a quality Facebook page, don’t abandon your website in the process. Keep in mind that 50% of consumers place more value on a brand’s Facebook page, so that means the other 50% will judge you according to your website.
Does maintaining an online presence seem overwhelming? We’re up to the task. Contact us for help.
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