Paul Potratz

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Paul Potratz

Potratz, Dealer Lead Driver, Exit Gadget

Sep 9, 2012

13 Tips For Service Center Marketing

Does your car dealership have a plan in place for marketing its service center? You need to encourage people to return to your dealership after their vehicle purchase for service, and you also need a strategy to pick up new leads just for service.

13 Tips for Automotive Service Center Marketing from Potratz on Vimeo.

 

Paul Potratz

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Paul Potratz

Potratz, Dealer Lead Driver, Exit Gadget

Sep 9, 2012

What is your competitive advantage?

Do you have a good answer to the question “why should I buy from you”? Everyone can compete on price, but in order to gain more customers and increase your sales, you need to have a competitive advantage.

In this week’s Think Tank Tuesday, I’ll explain why it’s important to set yourself apart from all the other dealers in your area, and how to best go about it.

What Is Your Competitive Advantage? from Potratz on Vimeo.

Paul Potratz

Potratz, Dealer Lead Driver, Exit Gadget

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Paul Potratz

Potratz, Dealer Lead Driver, Exit Gadget

Sep 9, 2012

The Always-Connected Digital Lifestyle: Friend or Foe?

The Always-Connected Digital Lifestyle: Friend or Foe?

Read the latest blog by Yasmine Syed of Potratz informing you all about today's latest advertising trends.

Information and communication technology users are as diverse as the range of technology available today. The Pew Research Center’s “Internet & American Life Project” divides technology users into two core groups: “Motivated by Mobility” and “Stationary Media Majority”.

The “Motivated by Mobility” group comprises 39% of the adult population. Their frequency of online use is growing as their reliance on mobile devices continues to increase. This group is made up of individuals who hold positive and improving attitudes towards mobile access and how it facilitates their availability to others. The “Stationary Media Majority” group is comprised of the remaining 61% of the adult population. These individuals are not enamored by the “always-connected” lifestyle. They are characterized by low-level usage of mobile apps and experience difficulty acclimating to new gadgetry.

Hallmarks of the “Motivated by Mobility” group are varied and are broken down into five sub-categories including: Digital Collaborators (8%), Ambivalent Networkers (7%), Media Movers (7%), Roving Nodes (9%) and Mobile Newbies (8%). Digital Collaborators are mostly male, in their late-thirties, affluent and educated. They enthusiastically use their tech assets to share and connect with others. Ambivalent Networkers are primarily male, in their late twenties, and are ethnically diverse. They use their tech assets to text, participate in social networking and for entertainment. At the same time, they fear that their devices may become increasingly intrusive and feel that it is necessary to take periodic breaks from online use and digital consumption.

Media Movers are mostly male, in their mid-thirties, have children and are middle class. Their online and media habits are varied and they share digital content (i.e. photos). Roving Nodes are the female counterpart to Digital Collaborators; they are mostly women, in their late-thirties, affluent and educated. They use their mobile devices to manage their social and work lives, they use a wide-range of mobile apps, send email, send texts, and use their mobile devices to enhance personal productivity. Mobile Newbies are mainly women in their late forties and early fifties who have lower education and income levels than Roving Nodes. They don’t have very many tech assets and cite that their most used asset is their mobile phone because it helps makes them more available.

The “Stationary Media Majority” group can also be broken down into five sub-categories including: Desktop Veterans (13%), Drifting Surfers (14%), Information Encumbered (10%), The Tech Indifferent (10%) and Off the Network (14%). Desktop Veterans are mainly men, in their mid-forties, affluent and educated. Because this groups skews older, they are content to use their desktop computers and high-speed wired connection to explore the web, connect with friends and family via social media, while allowing their mobile phones to take a backseat. Drifting Surfers are primarily women, in their early-forties, middle class and have average education levels. They have desktop computers and mobile phones but are infrequent online users. They use technology as a basic information-gathering tool and could forgo using the Internet entirely if given the option.

Information Encumbered individuals are two-thirds male, in their early fifties, have an average education and are middle-lower income level. Most individuals in this group feel that they experience information overload on a daily basis and although, they have cell phones, feel that technology is becoming increasingly intrusive. They are largely indifferent to technology and could easily dispense with it altogether. Off the Network individuals are, largely, low-income senior women and are predominately African American. Members of this group have neither cells phones, nor computers or internet access.

The project findings imply that many Americans are deepening their relationship with and dependence on digital resources and tech assets, while others stay stagnant in their consumption of digital resources and tech assets. Both of these groups will undoubtedly ask themselves and others, ‘How did I ever live without a cell phone?” A small percentage of Americans are content to keep technology on the periphery of their lives. They stand in stark contrast to the ever-increasing “Motivated by Mobility” group, whose demand for more and more online content is palpable.

What does this mean for your dealership? In terms of marketing, it means that it’s still important to maintain traditional avenues of publicity, such as radio and television commercials and newspaper ads. These are necessary to reach the portion of Americans who shun technology or still use traditional media to gather information. However, the growing number of people who seek information digitally means that a failure to provide online content is more costly than in the past. Soon, a lack of digital presence could spell disaster for your dealership.

Paul Potratz

Potratz, Dealer Lead Driver, Exit Gadget

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Paul Potratz

Potratz, Dealer Lead Driver, Exit Gadget

Sep 9, 2012

Are You Missing Sales With The Wrong Messaging?

Think Tank Tuesday- Are You Missing Sales With The Wrong Messaging? from Potratz on Vimeo.

 

Are you missing out on sales because your marketing message is focused only on price points?  If you're only focused on price, you are not connecting with customers who are more interested in how the vehicles features, technology, etc. fits into their lifestyle. You're also not connecting with the impulse shopper.

In this week's Think Tank Tuesday, I'll tell you how to use your marketing message to connect with a wider audience and increase your sales.

Click here to watch the video.  If you'd like help with your marketing plans, call Samantha at 518-478-2042 or email her at samanthac@ppadv.com.

Don't forget that I'll be speaking about increasing sales with CRM at the F&I Conference at the Paris Hotel in Las Vegas September 10 -12.

 

Paul Potratz

Potratz, Dealer Lead Driver, Exit Gadget

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Paul Potratz

Potratz, Dealer Lead Driver, Exit Gadget

Aug 8, 2012

Get The Real Facts On Customer Reviews

 

Get The Real Facts On Customer Reviews from Potratz on Vimeo.

 

Are you making the most of your customer reviews?

A good customer testimonial offers valuable return on investment and can help push potential buyers through the buying process and into your dealership. 

Unfortunately, when we went to work to find out what makes a good customer testimonial, we found that most dealerships aren’t using the right strategies to make a good review. 

This week on Think Tank Tuesday, I’m going to explain exactly how to tap into the psychology of a shopper with your customer reviews. It’s a lesson you don’t want to miss. 

Paul Potratz

Potratz, Dealer Lead Driver, Exit Gadget

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Paul Potratz

Potratz, Dealer Lead Driver, Exit Gadget

Aug 8, 2012

What is Ecoboost?

What is Ecoboost?

Read this blog by Nick Yocono as he explains what Ecoboost is, and how Ford is giving the consumers what they want.

You may have heard that you can’t have your cake and eat it, too. But that may not be true, at least when it comes to your new car’s engine.

With gas prices continuing to rise, manufacturers have shifted away from the big engines in favor of smaller engines that produce improved mileage. At the same time, consumers don’t want to lose the power they were accustomed to getting from previous models. So, how do manufacturers give consumers the best of both worlds?

Ford has responded to this new demand with “Ecoboost”. These new engines boast the same specs in horsepower and torque as their bigger displacement opponents, but with much improved mileage and emissions. Ford is not the only one doing this either, other companies have also started utilizing this engine setup, under different names, for their new models. So what is the secret?

The answer is quite simple: turbochargers. A Turbocharger uses exhaust gasses to spin its turbine and suck more air into the engine. That, along with more fuel, will create bigger explosions in the cylinder and therefore more power will be generated. A Ford F-150 equipped with an “Ecoboost” engine has a twin-turbocharged V6 instead of the traditional V8. What the turbocharger allows the engine to do is act like a V6 and get mileage similar to one while driving around. Most of the time you don’t need full power from the engine, such as when you’re maintaining your speed or during deceleration. When you actually do need some power, the turbocharger can spool up and provide that extra boost in power to make the engine perform similarly to a V8. This equates to a engine that will get better mileage and perform the same as a bigger, naturally aspirated, competitor.

Engines similar to Ford’s “Ecoboost” are being used in various new cars. Dodge recently released its new Dart, which on certain models, comes equipped with a 1.4L MultiAir Turbo engine option. The Chevrolet Cruze is equipped with a 1.4L Turbo “Ecotec” engine option. Even luxury manufacturer BMW has switched out the inline six in their 3 series base models for 2.0L Turbo engines. These cars all boast similar performance with much improved mileage to their predecessors.

Fuel mileage is the name of the game when it comes to selling cars in today’s market. Each year more and more small engine turbos show up on the market. If you’re in the market for a new vehicle that gets better mileage than the one you drive now, be on the lookout for setups like these.

Paul Potratz

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Paul Potratz

Potratz, Dealer Lead Driver, Exit Gadget

Jul 7, 2012

Journey Into Purchasing A New Car

 Journey into Purchasing a New Car

Read the latest blog by Kimberly Roselle of Potratz as she talks all about her latest experience while at the dealership.

Simple fact: I take care of my cars. In the 17 years I have been driving, I have only had three cars. I am currently driving a 2005 Chevy Cobalt. I bought the first run of this car during Employee Pricing. Despite some issues with the fit and finish I have no serious complaints. But now after seven years and 120 thousand plus miles there are some issues. I can no longer ignore the fact that it’s time for a new car, and therefore the hunt has begun.

This weekend I test-drove three cars: The Chevrolet Cruze, The Ford Focus, and The Honda Civic. My experience at each dealership was as varied as the cars.

Lets start with Chevy Cruze. My husband and I drove onto the lot and quickly found the Cruze. We walked through and peeked in at a few. Then the salesman arrived. I will call him Junior Joe. He was full of energy and knowledge and was very excited; he actually reminded me of a puppy. I went for a test drive and I was honest that I was not looking to buy today. Today was all about test drives and gathering info. Junior Joe never pushed me, and before I left he gave me a brochure and his business card.

At the next dealership, we drove around and did not see a single Focus, so we decided to walk around and look at Fusions. While we were perusing, no one came over, so we walked next door to the Honda dealership. We barely stopped at the Civic when salesman Safari Sam approached. He was not overly knowledgeable about the car and barely knew any incentives. Before I left Safari Sam gave me a brochure and his business card.

While at the final dealership of the day, we found one Focus. We hadn’t even gotten out of the car when the salesman came over. I’ll call him Mafia Max. He kept pushing me to drive it and then during the test drive tried to insist that we stop so my husband could also drive it. This was problematic to me because I had made it very clear to Mafia Max that this was to be my car. We got back to the dealership and he tried to push for the sale but I stood my ground informing him yet again, that I am only researching. Before I left he gave me a brochure and his card.

We arrived at home and that’s when the true comparisons began. Of the three brochures. Ford was the worst, containing no specs and no details. Chevy and Honda were both comparable.  As I was looking at the brochures I realized the Honda wasn’t for me and I quickly crossed the Civic off my list. Now it’s a duel between the Chevy and Ford.

As of now I have yet to make up my mind, but there are various factors to weigh before making my decision. Obviously this includes the features available for each of the vehicles, including fuel economy and safety. But, I have found myself also analyzing my decision based on the salesmen themselves and the experience they provided me while I was at their dealership. I have many factors to consider, but after reading this I’m wondering, which dealership would you choose?

Paul Potratz

Potratz, Dealer Lead Driver, Exit Gadget

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Paul Potratz

Potratz, Dealer Lead Driver, Exit Gadget

Jul 7, 2012

Do You Want More Leads From Your Website?

Do you want more leads from your website? Of course you do! By making sure your website content is consistent with your SEM messaging and strategy, you'll be able to increase the number of leads you receive.

 

 

Do You Want More Leads From Your Website? from Potratz on Vimeo.

Paul Potratz

Potratz, Dealer Lead Driver, Exit Gadget

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Paul Potratz

Potratz, Dealer Lead Driver, Exit Gadget

Jul 7, 2012

Do You Have An SEM Strategy For Service?

Search engine marketing is an excellent tool to increase awareness and profit for your service department. Why focus only on those looking to purchase a vehicle when you can also target countless people looking to have their vehicle serviced? This week on Think Tank Tuesday I will share the importance of including service in your search engine marketing strategy.  

 

Do You Have An SEM Strategy For Service? from Potratz on Vimeo.

Paul Potratz

Potratz, Dealer Lead Driver, Exit Gadget

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Paul Potratz

Potratz, Dealer Lead Driver, Exit Gadget

Jun 6, 2012

No, It CAN’T Wait

No, It CAN’T Wait

Procrastination

We all know about it– continuously pushing things off until the last possible moment, always saying tomorrow, next time etc. Well one Argentinean publisher says no more, recently developing special ink that will disappear within two months time of coming into contact with the sun and air, allowing a reader a limited time to complete the book before all the ink vanishes.

I believe this is a very effective way to ensure the product is seen and used. It’s very easy to make a purchase and then never use it. I mean I know I have lots of outfits in my closet still with the tags on them; but given the idea that they would dissolve within a few months time, I might consider wearing them especially since the alternative would equate with having just thrown my money away in the trash. I’m sure there will be many people who will not purchase the product knowing it won’t last, but I think there will be a lot of people who will purchase and subsequently use said product in order to beat the constricting time limit.

I think it’s important to apply this way of thinking to your car dealership; how can you make something non-lasting? Now I’m obviously not suggesting we develop dissolving cars; that would just be crazy, but I am saying providing some serious incentives to your customers. Why should they buy this now? Most people purchase a vehicle when they need one, not because they want one but if the deal was really sweet wouldn’t you consider the purchase a little bit sooner?

What Customers Want

Offer your customers something worthwhile. Now, I know you can’t just go out on the lot and decide the prices of vehicles, but you can provide really strong incentives for why they should buy now. The words ‘for a limited time’ are extremely effective because let’s be honest, nobody wants to be the one who missed out. Establish programs that only run for short periods of times such as come in before 3pm to save x amount of dollars on a selected service.

In addition, you could develop contests such as the 100th person to come in a test drive this car today wins an iPad. The opportunities are endless; depending on your dealerships location you could work with a local organization to help promote an event such as free tickets to a theme park, the movies, or even a gift certificate to a popular restaurant.

Have you given your customers a reason not to wait? What are you waiting for?

Paul Potratz

Potratz, Dealer Lead Driver, Exit Gadget

COO

1987

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