PERQ
Winning Micro-moments by Helping Consumers Make Tough Decisions
When it comes to car shopping, it’s pretty safe to assume that consumers experience the most frustration, confusion and doubt during the research phase. Unlike those who are fully prepared to sign on the dotted line, consumers in the early shopping phases face a myriad of different questions and options: What type of car do I want? What brand of car do I want? What payments can I afford? Can I even afford to upgrade at this time? And the list goes on...
One thing I’ve noticed throughout my automotive career (as both a dealer and a marketer) is that many dealerships miss out on opportunities to help their consumers and provide useful resources that would help them answer some of their questions they have before they’re even asked. In this day and age, consumers aren’t necessarily asking the questions as soon as they come to mind — they’re turning to smartphones and laptops and visiting different websites with the hope of getting the info they need. When consumers turn on a device hoping to get more information, we call these “micro-moments.”
In case you’re unfamiliar, “micro-moments” are, according to Google, "when people reflexively turn to a device—increasingly a smartphone—to act on a need to learn something, do something, discover something, watch something, or buy something. They are intent-rich moments when decisions are made and preferences shaped.” In other words, they’re getting on their smartphones, going onto your website and looking for answers to the questions they’ve finally come up with. If your website doesn’t have the answers your consumers are looking for, they’re going to visit another dealership’s website. Period.
As technology continues to flourish and auto dealer software becomes even more advanced, and frankly amazing, your dealership can no longer make excuses about not being able to offer consumers a comprehensive experience on its website. Because consumers typically ask a number of the same types of questions and have many of the same concerns, you can use this to your advantage and win those “micro-moments,” those moments when consumers hop on their smartphone or laptop to get answers.
By being able to help consumers make important decisions, your dealership stands a far better chance of earning their business — especially during the ever-vulnerable research phase. So, what can dealerships do to help win those micro-moments? Here are some of the common questions your dealership can help consumers answer!
What Body Style is Right For Me?
One of the first, and most common questions, consumers ask themselves during the research phase of their car shopping journey is “what body style is right for me?” This is an important question because the car needs to (or at least should) reflect a consumer’s lifestyle. The choice might seem obvious, but it really isn’t. While an SUV is seemingly more than sufficient for a family of 4, mom or dad might find themselves wanting to shuttle several kids to and from soccer games. Since that’s the case, a minivan would probably be the best option.
Again, the choice might SEEM obvious; but sometimes consumers aren’t thinking about the “what-ifs,” and the minor details that could ultimately have a larger impact on their lifestyle. Most consumers have an idea of what they want, but they need confidence to make the right decision.
Your dealership can help build this consumer confidence by providing resources that help them come to a conclusion — for when those micro-moments eventually occur. One suggestion would be to integrate an assessment onto your dealership’s website — one that obviously tells the consumer what body style is best for their lifestyle. Once a consumer has gone through the assessment on your website, you can then place a call-to-action on the results page that leads them further down the purchasing funnel (think “view inventory of this body style” or something similar). If they click on the call-to-action in that results page, or they progress to another part of your website, you’ll know that you’ve won that micro-moment.
Should I Buy New or Used?
“Should I buy new or used?” It’s another extremely common questions that consumers often ask themselves prior to visiting your dealership’s website. Most of the time, this obviously has a lot to do with cost. Consumers are trying to figure out “what gets me the better deal? Buying new or used” If you’re like most dealerships, you probably have content on your website that cites the pros and cons of buying new, and the pros and cons of buying used.
One way you can win this particular micro-moment is by making this undoubtedly useful content even more engaging. Turn those “pros and cons” pieces into a questionnaire that assesses a consumer’s lifestyle and provides a recommendation based on the answers provided. Again, providing consumers with a solid recommendation enhances their trust and allows them to move further down the purchasing funnel. Once they get their “purchase recommendation,” add a call-to-action that takes them to the most appropriate VDP’s — one for new or one for used.
Should I Lease or Finance?
Just like the previous scenario, you probably have a section on your website (or a blog post) that states the benefits of leasing, as well as the benefits of financing. The cool thing about this question is that there are a multitude of ways to go about winning this particular micro-moment. Aside from a questionnaire that assesses your lifestyle (which is a perfectly acceptable option), you can also integrate a calculator that provides a highly realistic suggestion based on information that consumers put in.
Factors like down payment, household income, desired monthly payment, and even credit history, can give consumers are more realistic assessment than even a lifestyle assessment could. And because the results would be realistic, it can give consumers the confidence they need to go about searching a for a vehicle that suits them perfectly.
Purchasing a car is a HUGE investment for most families. By providing consumers with the resources they need to make an informed decision, you give them reason to trust your dealership and move forward with an actual purchase. Car buyers will look high and low for all the information they can before making such a big investment — on every auto publication, on every dealership website, and on every type of forum. Choosing the right vehicle (and the right dealership) is a tough decision — so why wouldn’t you put in the extra effort and make it easier for them?
Russ is a dedicated professional generating results in the world of marketing and advertising. With over a decade of experience in the auto industry as a dealer, he has seen firsthand the problems dealerships face everyday.
PERQ
Just How Helpful Are Smart CTAs?
Your website is arguably the most important component of your dealership’s overall marketing and sales strategy. The reason I say this is because, outside of your physical dealership and showroom, your website is another place that car buyers visit in order to learn more about your inventory, pricing, financing, etc. If you think about it, the only real difference between your showroom and your website is that one is something you can physically go-to, and the other is online.
If your website isn’t able to provide its consumers with what their looking for — whether it’s a certain type of vehicle, financial information or something else — they’re going to view this as a negative experience and go to another dealership’s website. Another obstacle is that your online consumer likely has hundreds of dealerships within a reasonable driving distance. Unlike when someone takes the time to visit your dealership in person, there is very little investment to visiting you online. This makes it easier for consumers to quickly leave if it’s not EASY to find out what they want. In other words their attention span high and level of tolerance to have to search for what they want is extremely low.
Now, regardless of whether your website is impeccable or a complete mess, let’s call out a few of the most common pitfalls that MANY dealership websites succumb to in poor use of Calls-to-Action or CTAs.
- Overloading CTA’s
- Linking CTA’s to off the site or new tabs
- Using the same exact static form with multiple CTA’s
- Not optimizing for mobile and tablet
So what can dealerships do to improve their website’s Calls-to-Action? Use dealer website solutions and technology that is available and be SMART about your CTA’s. Did you know you can optimize your CTA’s to automatically determine the right call to action to display? That would solve loads of problems right? Instead of 12, you can display just few, relying on the consumer’s behavior and lead data to individually optimize their CTA’s.
Smart CTAs
The key to the smart CTA’s strategy is trying to get the right message, in front of the right person at the right time. How do you figure that out you ask? This technology reads your website visitors onsite behavior and lead data to help determine the anwser automatically and then executes in real time.
Onsite consumer behavior
- New or returning visitor
- How many pages have they visited?
- What pages are they on?
- Are they shopping new or used?
- How long have they been on the site?
- Are they a lead yet?
Lead data
- Where are they at in the shopping process
- What’s the next best step for them?
- Are they trading in? What vehicle? How much do they owe?
- What’s their credit score?
- What type of incentives are they most interested in?
- Have they bought from you before?
- How can you ensure you earn their business?
Sound familiar? It should. This list looks a lot like the same questions you would ask if the customer just walked into your showroom. You can enable your website to take the same strategy. Now that you know your CTA’s can change based on behavior and lead data, you and adjust that strategy as well. Leave the phone number on the back burner until you’ve captured some lead data that will help you provide a better experience.
Behavioral based CTAs are buttons or banners that generate based on consumer behavior and lead data captured on your dealership’s website. Depending on what experiences or actions a consumer completes on your website, certain buttons/banners will be displayed; linking them to pages that would logically be of the most interest to them. For example if you have a new visitor, non-lead customer. It might be smart to start with something less committing than a test drive or credit app strategy. Lets engage them with a trade-in calculator and shopping assessment. N
Like targeted and retargeted advertising, behavioral CTAs are becoming extremely popular with automotive dealers. With competition becoming fiercer and fiercer by the minute, dealers need to come up with even more intricate ways to keep consumers consistently engaged on their website, in order to keep them consistently interested.
How would you use smart CTA's? Share your thoughts on what you could do with smart CTA's on your dealership website below.
Russ is a dedicated professional generating results in the world of marketing and advertising. With over a decade of experience in the auto industry as a dealer, he has seen firsthand the problems dealerships face everyday.
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PERQ
Using Dealership Website Visitor Data to Your Advantage
In my last blog post, I discussed how to generate car sales leads by encouraging their consumers to take action on their website through interactive experiences. There are 3 primary reasons why this is so important: 1) Your dealership wants to capture a lead. And there’s no shame in that. 2) You wanna be able to provide your consumers with something they want or need (say, a coupon, an appraisal or assessment). And the last reason -- 3) You want to learn more about what your consumers are interested in so that you’re able to better assist them in the showroom.
Boosted consumer interactions will (hopefully) allow you to collect lots of useful information on prospective car buyers in order to build individual consumer profiles. Consumer profiles can provide your dealers with a general overview of specific car buyers. Not only will you generally learn about their shopping preferences (if you ask about them, naturally), but you’ll learn more about where they are in their shopping journey. These are generally what I refer to as “positive interactions” — interactions that lead to specific data being collected from an interested party.
Unfortunately, not all of the data you collect will consist of “positive interactions.” Sometimes you’ll discover that you have quite a number of visitors on your dealership website (through programs like Google Analytics, etc.), but that they aren’t finishing experiences or they’re just leaving your website. Although you often can’t get specific individual consumer information out of those “negative interactions,” those actions taken on your website can still be incredibly useful to both your marketing and, in some cases, your follow-up efforts with other individuals or groups of prospective customers.
Regardless of whether or not the interactions on your dealership’s website are positive or negative, there are ways you can collect that data and use it to your advantage for your marketing and follow-up efforts. Here’s how:
Leveraging Information from Positive Interactions
As I just mentioned, I often refer to “positive interactions” as completed actions on a dealership’s website — like when a consumer gets the results of their trade appraisal, or they filled out an assessment in order to receive a coupon. Ultimately, your goal as an internet manager (or even a general manager) is to get as many of these “positive interactions” as possible. The more consumers engage with your website, the more likely they are to relinquish their information.
Now, depending on the questions answered (or even the type of experience), the consumer profiles you receive might contain unique information that can be leveraged for any and all future online or even in-store interactions. In fact, even if those positive interactions are repeated, and a consumer is going through various experiences on your website (e-price, trade appraisal, assessment, etc.), you’ll likely receive even more information on them. Additionally, those completed experiences are also a good indicator that a consumer has shown considerable interest in your dealership. If you notice a lot of activity from specific consumers, and you continue to get useful information (purchase intent, vehicle interest, income level, etc.), don’t hesitate to follow-up as soon as you can. Once you know that a consumer is interested (and you have an idea of what they’re interested in), you can initiate a conversation that pushes them further down the purchasing funnel.
Negative Interactions are Just As Advantageous
Now you might be asking yourself “What about the negative interactions? What about the consumers that leave my site before completing an experience?” Believe it or not, negative interactions can be just as valuable as the positive interactions. Assuming your dealership’s website uses a web analytics service like Google Analytics, those negative interactions can still be tracked and analyzed. If you’re not getting very many positive interactions from a particular experience on your website, you can go into a program like Google Analytics and examine the activity on a particular page or section of the website. Metrics like bounce rate, page acquisition and behavior flow, can provide insight into what the majority of your consumers are interested in.
If you find, in the behavior flow section, that consumers are dropping off at a section that asks for their e-mail, you might consider adding something more interesting to the experience; or eliminating a section of the experience. It mainly depends on how the consumer got to that point in the first place. Once you have this information, you can work with your provider or website designer to alter the experience to better suit consumer needs.
Depending on how it’s constructed and what experiences you’ve provided to consumers, your dealership website can be the ultimate treasure trove of consumer lead information for your dealership. The more information you have to work with, the easier it’ll be to plan out future marketing strategies and follow-up plans.
Have you taken the time to observe the positive and negative interactions on your dealership’s website? What was it like?
Russ is a dedicated professional generating results in the world of marketing and advertising. With over a decade of experience in the auto industry as a dealer, he has seen firsthand the problems dealerships face everyday.
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PERQ
Encourage Your Consumers to Take Action Through Your Website
Getting your consumers to do something can be challenging. As humans, we need a specific reason to do just about anything. The same can be said for your consumers. Unless they see some sort of benefit or reason, what’s the point? This can be particularly challenging when you’re attempting to get your consumers to take action. I’d go as far as saying that there are few things more difficult than trying to convince a consumer to offer their contact information. Here’s how to encourage your consumers to take certain actions on your lead capture platform.
Allow Consumers to Evaluate & Assess Their Situation
Although many car buyers have a fairly solid idea of what they want, it’s very rare that they’ll casually waltz into a dealership and buy a car right on the spot. Car purchasing is a process that generally consists of several steps or stages that consumers typically have to complete before reaching a concrete purchasing decision. Here’s a great example scenario: Let’s say you have someone who’s interested in a car. First, they’ll sift through your dealership’s inventory to determine what kind of vehicle they’d like to purchase (a truck, a sedan, a convertible, etc.). The next thing they’ll do is narrow down their search to specific car type, and then maybe they’ll look at particular brands (or vice versa). Once a few vehicles have been chosen, the next thing the car buyer wants to do is learn more about financing options; or perhaps, inquire about their trade-in. You get the idea.
Whether you want to believe it or not, your dealership possesses a lot of power. There are a number of different ways to persuade car buyers into making important decisions that move them further down the purchasing funnel (from discovery to the actual purchase phase). And no, this doesn’t necessarily mean doing a ton of schmoozing or sweet-talking (not for those brand new customers anyways). There are a plethora of tools and car dealer software out there that you can integrate onto your dealership’s website that can help consumers to evaluate their situation, or allow them to learn more about the resources that might have access to.
Trade appraisal tools, or even a quiz that provides vehicle suggestions based on their situation allow consumers to finalize one step, so that they can move onto the next. If, for example, a consumer knows how much their trade-in is worth, they can determine other things — like what type of vehicle they should purchase (based on price) or whether or not they should apply for financing. When consumers have a solid idea of what they can and cannot do (or what they can/cannot afford), it opens up more options to them. The aforementioned tools help speed up the process. If your consumers can get answers to their questions and come to conclusions, they’ll be more inclined to relinquish their contact information.
Incentivize Consumers with Instant Gratification
I’ve said it many times before and I’ll say it once again — everyone loves free stuff. Whether it’s a coupon for a free service, a discount, or money to put towards a new vehicle, consumers will jump through a few hoops if it means saving a few extra bucks. Heck, some folks will jump through a few hoops if it means the chance to win something really awesome.
Now, folks aren’t going to fill out a million different forms and provide you with their blood type or social security number (that’s a little crazy, no?); but many would be willing to provide their email or phone number. So long as they don’t have to spend too much time on a form, consumers will happily provide you with their information — that is, if they’re able to get something immediately in return.
This is why I’ve often said that “lead forms are dead.” Consumers don’t want to submit their information to a unknown realm; only to be called by one of your guys trying to set up a test-drive. Sure, your consumers might want to set up a test drive at some point; but the conversation (at that point) is one-sided. Consumer contact information is extremely valuable, no? Well then, you need to provide them something of equal value. Saving money, getting free services, and being provided with necessary resources is all extremely valuable to consumers.
Once again, you can leverage your dealership’s website to provide these incentives to your consumers. There are many providers that can integrate “spin-to-win” or “instant win” games onto your website that make the experience both fun and valuable. Additionally, trade appraisal and e-price experiences can provide just as much value — arguably more since they’re providing more relevant information.
Pique their Curiosity
It’s generally safe to assume that most consumers are very aware of the majority of issues with their home, appliances and modes of transportation. However, there might be a few here issues here and there that you might actually NOT be aware of. It’s very possible that the things you view as normal can actually be alleviated somehow, someway. For instance: your 7 person household might fit pretty comfortably into your mini van — but all that extra weight might impact gas mileage and efficiency. You’re paying tons of hard earned money on filling up your gas tank, and you really don’t know why. It’s just normal for you, and you’ve accepted it as what it is.
For some folks, paying extra for gas isn’t the worst thing ever (especially if they have a vehicle that’s solving one major problem — lots of people), but those dollars can add up. I can guarantee that if that consumer realized just how much extra they were spending on gas, they’d think of switching vehicles pretty fast. One way you can make these big reveals to consumers is by providing them with experiences that pique their curiosity. Some providers have simple quizzes and evaluations that they can easily integrate onto your dealership’s website. Using the scenario I used before, a great example of this would be an evaluation experience entitled “Does your current vehicle suit your needs?” With this experience, the consumer I discussed before could easily figure out if their vehicle isn’t efficient. Once they’ve figured out they have an issue, they can then be provided with practical suggestions and take a look at inventory on your website. They supply you with valuable lead information, and they gain useful insights. It’s a win-win.
Russ is a dedicated professional generating results in the world of marketing and advertising. With over a decade of experience in the auto industry as a dealer, he has seen firsthand the problems dealerships face everyday.
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PERQ
Yes, Car Buyers Are Judging You…. By Your Website
Look, I know it. You know it. Everyone knows it. There’s a tremendous amount of competition between dealerships. It’s something that I mention all the time in my articles. In fact, all of my articles throughout the past few months have been about the importance of personalizing aspects of your dealership’s interactive lead capture strategy in order to stand out.
Now, while I’ll admit that website and tool personalization is extremely important, there are other things you need to do to ensure you’re making the most of your digital marketing efforts. In fact, how your consumers engage with your dealership’s website (tools and all) can make or break your reputation.
Consumer engagement is important because it influences your consumer’s purchasing decisions. Before any of your consumers even talks to one of your sales reps, they’re likely on your website — looking at inventory, getting their trade-in value or learning more about a promotion. Your dealership website is typically the first thing a consumer sees. If they aren’t satisfied from the get-go, it’ll be the last you see or hear of them. Sad, but 100% true. And whether you choose to leverage a variety of automotive software solutions or get help from a vendor, working with a professional is never a bad idea.
Even if they haven’t stepped foot inside your dealership, your digital presence can have an immediate impact on how you’re perceived by consumers. As consumers engage with different parts of your website (filling out forms, browsing, etc.), they’re innately classifying each action (or interaction) as positive or negative. The more positive interactions consumers have, the more positively they view your dealership. The more negative interactions would mean the exact opposite — and that ultimately means you’ve lost that prospective customer.
Your dealership’s website only has so many chances to strut its stuff. Whether it’s positive or negative, every aspect of your website can influence the way that consumer perceives your organization. Here are a few types of consumer interactions that might influence your consumers:
Site Navigation
One of the first things I’m going to discuss is site navigation — or in simpler terms -- the way your consumers manage to search for inventory and information on your dealership’s website. The ability to navigate a website with ease is incredibly important, because most consumers want and expect to find what they’re looking for almost immediately. If a car buyer can’t find a specific make/model, or can’t find financing information within 2-3 minutes max (and I’m being generous here), then you’ve already lost that customer. Like everything that I’ve harped upon over the last few months: people like instant gratification. Period.
When consumers visit your website and aren’t able to find the information or inventory they’re looking for, it’s most often because the layout of your dealership’s website just isn’t working out. Your landing page might be too focused on inventory, and not enough on financing; causing your consumers to have to dig to find minor information. Or, it might be difficult for your consumers to find the area to schedule a test drive. Regardless of what they’re having difficulty finding, your website’s layout should allow your website visitors to find what they’re looking for within a few seconds. Links to the most popular sections of your website should be readily available for consumers; and all sections of your website should act as if they were folders on your computer. Each section of your website should go from “broad” to “specific.” For example: Let’s say you have a trucks section. Within that trucks section should be a link to different types of trucks, and then to manufacturers, and then to models, and so on.
Now you might be thinking “Russ, that would require an entire site overhaul. Is there another way I can improve site navigation until I can actually do all that?” The answer to that question is a strong “yes.” If you don’t have the time or resources to layout your website differently, you might consider integrating behavioral CTAs onto your website that point consumers to exactly what they’re looking for. For those who are unfamiliar, behavioral CTAs are banners on your website that change based on your previous website activity. So, if you were looking for information on financing, a great CTA button would be “Appraise your vehicle” or “Lock in your price.” Since the website notices that you’re interested in getting financial assistance, it assumes you might be looking for other ways to get money for your new vehicle.
Interactive Experiences
Judging by how much I talk about interactive experiences, it's safe to assume that I’m a big, BIG fan of them. Now, if you haven’t read any of my previous works, the reason I love interactive experiences is because it allows your dealership to fully engage with buyers who are visiting your website — playing games and taking assessments in order to gain monetary and non-monetary incentives (special offers, additional information, etc.). Since interactive experiences almost always provide instant gratification, they’re a great and fairly easy way to provide buyers with a positive impression.
As much as I’d like to assume that all (if not most) interactive experiences provide buyers with lasting positive impression, this isn’t always the case. The types of interactive experiences you place on your website might cause certain buyers to react differently. For example: An assessment titled “what vehicle is right for you?” might not be completely necessary for the person or groups of people you’re catering to. Instead, they might benefit from an financial calculator; or they might react more positively to a “spin-to-win” contest. So, when you’re thinking of what interactive experiences you want to integrate onto your website, think about your target market. Even though your experiences might be impressive, they might not be beneficial for some people — and that could cause a negative/disinterested response.
One last thing to note with interactive experiences is overall functionality. Although you might think the experiences you’ve integrated onto your website are crazy impressive (and they probably are), some buyers might not be able to go through the experience at all. Your tool might not work on mobile platforms, or on certain browsers. If those consumers can’t leverage the interactive experiences on your website, that could very well lead to a lost customer. That being said, make sure that whoever is creating and integrating these experiences does lots of QA testing on their product; and tests the product on multiple platforms. You don’t want a prospective buyer to come onto your website and assume that you don’t know what you’re doing; or that you simply don’t care.
Even the most minor details on your website can have a huge impact on how prospective customers perceive you. You’re obviously not going to please everyone — but if there’s one thing I learned throughout my career, it’s that folks like finding what they want and getting what they want as fast as possible.
That being said, what is your dealership doing to keep its digital customers satisfied?
Russ is a dedicated professional generating results in the world of marketing and advertising. With over a decade of experience in the auto industry as a dealer, he has seen firsthand the problems dealerships face everyday.
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PERQ
Get the Most Out of Your Vendor Partnerships
A few weeks ago, I discussed a new “breed” of tech provider that’s been, very quickly, becoming a major part of many dealership’s strategies: automotive partnerships. Although there are, arguably, far more pros than cons when it comes to automotive partnerships, some people will leverage them; and some folks will choose to stick with their month-to-month arrangement — and that’s perfectly okay.
Of course, if you’re one of the many dealerships who have chosen to commit to an semi-annual or annual automotive partnership, you likely want to know how you can go about making the most use of it. After all, with a partnership, you work closely with account reps who know these products/services like the back of their hand. Not only do you have plenty of time to explore & experiment all of your partner’s product/services, but your account rep can help with you any hiccups along the way. Here’s 3 great ways that you can make the most of your automotive partnership:
Developing a Strategy with Your Account Rep
Although month-to-month arrangements can be quite useful (for some), their sole purpose is to supply dealerships with software that they can use as they please. Sure, internet managers (on a month-to-month arrangement) can troubleshoot some issues with a customer service representative; but chances are incredibly slim that they’ll be assigned an actual client success manager or account representative who can help them with, well…. pretty much everything!
One of the first things you can (and should) do to get the most from your annual partnership is develop a strategy with your account representative. Whether your goal is acquire more leads at your dealership, or simply optimize your dealership website to boost engagement, your account rep will speak with you one-on-one to determine the best type of strategy to suit your specific goals. The reason for this is because your account rep understands the product and service's full capabilities, and has been trained to understand every single aspect of their product. Your account rep is, arguably, your most important resource going forward. The better the communication is between you and your account rep, the more solid your strategy will be.
Sharing Data Back & Fourth
As I mentioned a second ago, the better, and more open communication is between you and your account representative, the better your overall strategy will be. One of the best ways to enhance both your communication and your overall strategy is by sharing your data with one another. The past data your dealership pulls during the initial kick-off meeting can help your account rep think up ways that their product/service can overcome certain hurdles.
Additionally, the data (or results) that your account rep pulls as your campaigns progress will let you know if your efforts are even worth it; and give you ideas on how to change your strategy using the product. Sharing data back and fourth helps keep all parties in the loop, and helps all parties involved understand why certain changes are being made. Often times, certain parties will have their own reasons for making strategy alterations; and many folks might feel like they’re having their toes stepped on…. which won’t likely be the case with an annual partnership.
Now I know some of you may be thinking this is a bad idea. Your dealerships data is valuable, private and must kept secure. But I’m not talking DMS exports. I’m talking general read-only access to Google analytics and share lead/sale reports. Customer data doesn’t have to be included and if you don’t trust your provider that much, then you may be working with the wrong folks anway.
Realizing Failures & Making Appropriate Changes
Face it: failure is a part of life, and there’s no getting around it. Period. However, failure isn’t necessarily a bad thing. In fact, I’d go as far as saying it’s a completely necessary aspect of developing viable marketing and sales strategies for your dealership. With annual partnerships, you have a great opportunity to take all of those past failures and turn them into big successes.
As your dealership’s campaigns progress, you’ll very likely encounter some failures and fumbles. For example: people might not be completing a online trade-in experience all the way through. Or, you might discover that not enough buyers are visiting your dealership’s website. Regardless of what those failures are, you have an opportunity work closely with your account rep to come up with a solution. Your account rep might have some ideas that you hadn’t initially thought of — or, you might have some solutions that you don’t quite know how to implement. By working together, you can come up with ways to overcome certain hurdles and continue on the path to success.
Again, month-to-month arrangements are a great way to kickstart some of your marketing efforts. I’m not saying that they’re bad, by any means. However, there’s little to no denying how significant the opportunities are for dealers who leverage annual partnerships. Providing internet managers and sales managers with the opportunity to work alongside software experts helps dealerships attain consistent results.
Are you currently in an annual partnership? What have your experiences been like?
Russ is a dedicated professional generating results in the world of marketing and advertising. With over a decade of experience in the auto industry as a dealer, he has seen firsthand the problems dealerships face everyday.
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Wikimotive
Guess I'm sort of surprised this isn't happening more frequently. This is something we basically insist on with all of our clients. One stop shops are just too clunky in their offerings to be able to truly customize an effective game plan for every dealer in every market in any given situation. Its the primary reason Wikimotive has stayed locked on our core services and not expanded to offer websites, and chat and a million other shiny objects that may or may not be valuable.
But with nearly 100 years of auto-retail experience comprising our execuitive staff, one of the biggest values our clients receive beyond the services they pay us for is our access and strategy sessions which we cooridnate with all of a dealer's vendors.
Some dealer's want monthly meetings, or quaterly meetings and thats fine, but we don't just make a specific rep available to our clients everyday, we make our entire staff available. One of my biggest headaches in auto-retail was the lack of real training and knowledge that our website vendor reps would have, for example. At this particular website vendor you had to go through this rep who was nothing more than a glorified note taker. They then pass what you say on to the people who actually do the work who pass their response back to the rep and back to the dealer and so on... This still happens today at this website company.
One of the founding principle's I had when building my agency is that everyone we hired had to be able to competely communicate with our clients and the public in general and solve problems in real time. No 3-5 day ticketing systems.
Problem 2, dealer's have to take a meeting with each one of their vendors to get information and then comes the blame game of who is performing and who is underperforming and the dealer is left wondering who is right.
I think you're right on the money, Russ. That's why we strive to have all a dealer's rep's on a call with us and the dealer every time we meet. Put all our cards on the table, take an honest look at whats working, what isn't and why and then execute to improve and strategize for the future. Most monthly meetings I've seen are about what happened in the past. That should take 5 minutes to cover. The meeting should be about how do we win better next month. And we do that together with the best experts from the best companies all working together for the right reason - the dealer's success.
Wikimotive
btw - we don't charge a fee for that access. Because the ROI of doing the right thing, is that the right thing gets done. Period.
PERQ
Thanks for comments Timothy!
With as competitive as the market is for dealers and vendors in the auto space, its in everyones benefit to work closer together for success. I think sometimes we all forget that ultimate success between vendor and dealer really is finding a real partnership. Balance between provider and dealer can be acheived where both parties are generating profits at a great ROI.
Automotive Group
I like to hold monthlyh meetings with our vendors. I always ask them to have 3 things ready when they come.
1. What is doing good
2. What is doing horrible
3. Whats 1 thing they would do to help fix the bad thing.
Obviosuly we will review the change the next month and made sure it did have some sort of impact. You'd be surprised at the amount of people who shy away from providing meaningful feedback into their own products.
PERQ
Thanks for sharing Chris.
I love that shortlist! It's direct, effective and doesn't take up too much time to discuss. The only thing I would request in addition to that, is a clear goal. What isn't your trying to accomplish or that will be success in your eyes? I think it's important for dealers and their providers, to be on the same page with what success looks like to the dealer.
Reporting in general can be a challenge because vendors are typcially reporting to dealers what they also receiving reporting on from other dashboards. It rarely matches up and then the relationship can become combative. As a provider I usually strive for reporting a few metrics unique to us specifically and then something high level that a dealership would use to validate the reporting they see on their end.
PERQ
Lead Forms Are Dead. Period.
Lead forms are DEAD. Done. Finished. Gone. Expired. Deceased.
I can probably come up with a few more synonyms for the word “dead,” but I think you get it already. While there’s nothing inherently wrong with static lead forms, they aren’t working nearly as well as they used to. So really, they’re not so much “dead” as they are dying. Still, it’s a slow, painful death that you & I just don’t wanna see. I’d rather watch cheap, store-brand paint dry for several hours than look at my analytics dashboard and wonder if I’ll get any friggin’ conversions from the static form on my dealership’s website. Think about it, unless you had finally reached the point that you HAD to talk to a dealer, how interested would you be in submitting your info into a static form black hole?
The point is that there are FAR better ways to engage with car buyers and obtain their information. If you’ve kept up with my posts on DrivingSales, you know that I've spoken quite extensively about what interactive lead capture is and how it can help drive conversions on and off your website to increase foot traffic in your dealership. That said, I’m not gonna go into great detail about interactive lead capture. Instead, I’m gonna explain why I think static lead forms are dead; and why you should honestly avoid them like the plague:
Static Lead Forms Don’t Provide Direct Value to Consumers
One of the biggest problems with static lead forms is that they don’t provide direct value to car shoppers. I mean, you can technically say that submitting a form will lead to a follow-up call for more information.. but is a follow-up call they requested really that valuable? Most consumers (or people, rather), like immediate satisfaction. If they’re requesting more information on a vehicle, an offer or a trade-in, they don’t want wait for answers. They want them right now. Static lead forms don’t do that. The sole purpose of static lead forms is to obtain information from consumers in order to collect a lead. They serve the dealership, and the dealership alone. Interactive experience platforms, on the other hand, provide on-the-spot calculations, offers, and discounts that enhance lead generation for car sales. The buyer is getting something that’ll ultimately help them move their purchase along. If it’s something they’ll still need to wait for a dealer rep to respond with, then that rep better have a high quality enough lead to start off where their website left off.
They’re Boring as Hell
It seems pretty obvious, but I feel like it’s worth mentioning. Static lead generation forms are typically pretty boring… even if there are some graphics and/or logos included. The majority of static forms include an area for consumers to put the following: Their name, phone number, e-mail and maaaaybe some kind of extra message. Outside of that, that’s basically it. I think the most exciting thing that static lead forms offer is that you might be taken to a “thank you for your submission” page. Unlike many forms of interactive lead capture, there are calculators, no independent data, no assessments, no incentives, and certainly responsiveness to how the consumer is engaging with your website. Not only do these forms not provide anything of value, but they’re not generating any excitement either. I wouldn’t be surprised if half the static forms on your dealership’s website (if you even have them), don’t get any sort of traction.
Your Dealership Receives Limited Information
With interactive lead capture, your dealership has the opportunity capture valuable information from website visitors without even asking them. Simply observing the way a consumer engages with an interactive experience can build a robust profile of who they are and how you can help them. Further more you can collect customer-entered data in a lot more creative ways than free-from text fields and drop downs. The point is that dealerships (who leverage interactive lead capture) a TON of enhanced ability to collect the information they’d like to collect. Instead of collecting the standard contact information via static lead form, they can let customer naturally build a lead profile by simply letting them share their information in a way that serves them as well. Not only does this make car shoppers feel like they’re being listened to, but also it really does allow your dealership to LISTEN. You can easily learn more about your consumer base and provide a better, more personalized customer experience right from the get-go. You can’t do that with static lead capture forms.
They Seem Like They’re Performing Better Than They Actually Are
Historically static lead form conversions have been slowly declining for a decade now. As content in general has evolved. Consumers expect much more personalized and enhanced online experiences. Calculators, assessments, multi-media and responsiveness are the new standard. If you don’t believe me just take a look at all of the best independent websites (Edmunds, KBB, CarGurus, ect.) and check out how much interactive content they offer visitors. Dealers are constantly battling to drive higher conversions and where static forms can still show value is with customers latest in the buying journey. If I were in a position where I HAVE to make contact with a dealership, of course I would still fill out a static form. If there was a better option they would take it and that’s why the best website products out right now are deeply interactive.
So great, you strong-armed the 3% of your traffic into the “mousetrap” of a static form. What about the other 97% of traffic? I’m guessing you put quite of bit of effort into generating that much traffic to let it all go with any meaningful engagment. Static forms only work with those in a position with no other alternative. There are tons of options for how you could be serving customers in the discovery and research phases of the process through interactive assessments, quizzes, calculators and more interactive experiences. Customers earlier in the buyer journey have other options, they can leave your website.
In an age where most car shoppers already have a concrete idea of what they want before setting foot into your dealership, it’s important for you to engage with them on a deeper level. Chances are, there are several very similar dealerships within a 5-10 mile radius of yours — and the eager, but cautious car shopper is going to go with dealership that makes the most sense to go to. If you wanna be the dealership that makes the most sense to reach out to — the one that’s most relatable, and has the best customer service, then you NEED to avoid static lead forms. There are WAY too many different ways to engage car shoppers at your dealership — and lead forms are NOT one of them.
So, I’d like to know: what are your thoughts on static lead forms?
Update:
In effort to clear up any confusion in the difference among "interactive lead form" and "static lead form" I thought this image would be helpful. "Lead forms" will always be utilized, its the difference between being static and interacitve that make a dramatic difference. A classic example is when dealers collected trade-in information for appraisals with a "static form" that eventually turned interactive by evolving into a calculator that instantly presents an estimate value, among other interactive actions. I'm proposing that this same evolution has already began to take place with even the most basic of static forms like check availability, eprice, test drive, promotion, special offer, ect. ect.
Russ is a dedicated professional generating results in the world of marketing and advertising. With over a decade of experience in the auto industry as a dealer, he has seen firsthand the problems dealerships face everyday.
21 Comments
PERQ
Thanks for sharing Frank--
I agree, as I mentioned in my post, there will likely always be a place for static lead forms somewhere on every website. Some people, in the final stages of shopping for a vehicle will always be fine submitting a request for a sales person to reach out.
I still stand behind recommending dealers stive to create something interactive over a basic lead form when it comes to their lead generation strategy.
Overall it sounds like we're on the same page though, lead forms have definitely diminished. But, for the increasing amount of the younger population that is much more tech savvy, is used to a "now" society, and prefers to be in control, meaning lead forms are indeed dying. And, even those that did fill them out would probably have preferred to engage with something that was a little more interactive.
I would encourage you to try taking one of your best or worst lead forms on you inventory pages and use an interactive experience in place of it to pick up more leads. You'll likely see a higher conversion and the leads that come with 3-5x the consumer data than you were receiving with a static form.
I could have been pushing the envelope a bit by saying "lead forms are dead" but "lead forms have deminished" just didn't seem compelling enough :)
PERQ
@Dealer Guy
I sense a little sarcasm lol.
In my post above I said- "take a look at all of the best independent websites (Edmunds, KBB, CarGurus, ect.) and check out how much interactive content they offer visitors."
If we're defining interactive the same way Google is (allowing a two-way flow of information between a computer and a computer-user; responding to a user's input) then I would have to respectfully disagree. All of the examples you mentioned are leveraging very interactive expereinces over static lead forms where they can.
Does that mean they've completely eliminated the use of a static form? Definitely not. A small percentage of people are always going to still feel comfortable utilizing a static form, especially if there is no alternative available.
The message I'm trying to convey, is that when offering customers the choice between a static lead form and an interactive alternative, the majority of people will choose the interactive option. I'm not trying to say there is its impossible to capture a lead with a static form, I mention that several times in my post.
The point is that if clearly consumers prefer an interactive alternative over a static lead form, AND it actually increases performance, wouldn't you lead your strategy with interactive lead conversion over static lead forms?
Roper Kia
I don't agree with your assessment Russ, though I appreciate your input. We are almost exclusively lead forms and have seen our leads grow from about 300 leads per month to about 1200 form fills last month. Our BDC has increased from 30transactions to 100-120 consistently per month. We will continue down this path and couple that with strong outbound call and email campaigns to maintain high customer loyalty and retention.
PERQ
Hi Mike, thanks for sharing.
I'm happy to hear you've found success in lead forms and I think it speaks to the last section of my post. If your only using static forms and have a strategy built around optimizing your use of static forms without making them interactive, then your likely to see some level of production that is successful. But compared to what? Compared to do using nothing on your website? Compared to using something interactive?
My challenge to you would be to take your best or worst static form, make it interactive and test the results. If you look at just the results of static forms, I competely agree, there are successes. But if you compare the results to static forms to the results of interactive alternatives, the results are significantly better. This is trend that has been gaining momentum both in our industry and in others. If you saw a major difference in results, making you noticiably more successful, a statement like "static lead forms are dead" wouldn't seem so far fetched.
I think another good indicator that interactive is preferred over static lead forms by consumers, is by looking at all the new product categories on the market. Digital retaling, personalization, behavioral targeting, advanced online chat, market research tools, compariosn tools, assessments, calculators, ect ect. All of these products are leading the way in lead generation and conversion right now.
All of these are great examples of very interactive alternatives of engaging and capturing customers online that has evolved from static lead forms. My belief is that even the most straight forward static lead forms on your site like E-Price, Test Drive, Check Availability, special offers, promotions, ect, will continoue to become more and more interactive.
Source Automotive
i guess I'm not sure what an interactive form/contact/communication really is... I'm new here and trying to learn from all the great articles. We have static forms all over our Dealerfire based site. What changes are recommended?
PERQ
Thanks for your question Stacey!
Here are a couple of other posts on DrivingSales that will help:
What is Interactive Lead Capture?-http://www.drivingsales.com/russ-chandler/blog/20160226-what-is-interactive-lead-capture
Why does interactive lead capture work?-http://www.drivingsales.com/russ-chandler/blog/20160304-why-does-interactive-lead-capture-work
3 Types of interactive experiences your dealership should leverage- http://www.drivingsales.com/russ-chandler/blog/3-types-of-interactive-experiences-your-dealership-should-leverage
List your current CTA's out from all your buttons and banners that link to a static form. Then ask yourself, "what would live conversation sound like with a customer about this CTA?". What would you say to them about you, your dealership, your product, your process and your competitive edge?
Then think about how you could turn that static form into something that better represences that converation online. How can you give more instant gratification to consumers instead of just "thank you for submitting your information"?
Work with your current providers or find new ones that can help use technology to get this done. Animation, high quality design, images, assessments, calculators, quizes, personalization, multi-step consumer experiencs (using multi-stage conversion), are all examples of the technology available to you at an affordable cost.
Typical dealer goals when upgrading to ineractive lead capture-
-Convert more leads from existing traffic
-Collect more of the right data per lead (so that lead response and conversion increases)
-Take the consumer through an experience online that naturally warms up the customer to actually want to be contacted by the dealership, come into the showroom and buy.
-Have a deeper, more meaningful engagement online to build direct brand equity and gain a competitive edge over other dealers in your market
I hope some of this helps, feel free to reach out to me directly for any other help or more a more specifi to your website type of question.
JeremySaysYES
Russ, I would have to agree with all the others as well. Your examples of interactive forms are still static forms. I agree that more dealers should use trade-in forms as a good lead capture form.
However, most of them are still static forms. I have created some very cool dynamic forms for dealers that change future questions with the customers input. This will dramatically improve the lead quality. Personalizing these static forms into dynamic forms are key and give the customers a better user experience. A+ for coming up with a great topic for discussion. Thanks, Jeremy
PERQ
Hi Jeremy, thanks for sharing.
I think the technicality folks are getting hung up on is in the interpratation of what I mean by "static lead forms". I completely agree, to capture someones information, your going to have to have a few fields displaying for a consumer to enter information. One could argue that inside any interactive or dynamic alternative there is still a "lead form". But because it's being utilzed dynmaically and is responsive to the user's input, it's not static, it's interactive.
A static form wouldn't be personalized to the individual user, it wouldn't respond to their engagement and input. It would dynamically collect information or direct the user based on behavior. A static lead form is a box with a few free-form text fields to enter information and click submit. In which after your served up a "Thanks for submitting your information" message and your done.
Here are a couple of examples-
The message I'm trying to convey is that consumers want so much more that a transactional engagement with your website. YES, lead forms are still very useful tools online and in your lead generation strategy. But not "static lead forms", which is what the average dealer website is loaded with. I'm suggesting that static lead forms that dealers are leading off with on inventory pages would be significantly more valuable to consumers AND to dealers if they were interactive. Consumers want instant access to information and tools that help them discover, shop, research and buy. I think everyone can agree on that.
Apex Automotive
My Form submission rate has almost doubled in the last 2 years. I hover around 4.5 to 5% when I take into acount trade-in and finance forms. If I include chat its even higher. Not sure where you are getting your data from. Overall conversion rate is 15+% with 18K uniques a month. Sounds like you have been working some really crappy dealers.
PERQ
Thats awesome John!
I think we're saying the same thing. Chat, trade in tools and credit apps are all very interactive lead forms. It's the "static lead forms" I'm calling out as dead.
If your using any personalization or dynamic features on pages of your site that incorpate lead forms, thats a start to making them interactive.
Lead forms will always be used to input information, but they won't always be static. The best converting features of any website right now are the most interactive and personalized pieces.
For the sake of not turning this forum into an advertisement, if you decide you want to see an interactive version of a typical E-Price static form, shoot me a message.
Strong Automotive Merchandising
I'll stick up for Russ on this one. While it's true that forms can and will create great sales opportunities for dealerships, it's a poor form of communication, crying out for an upgrade.
Ask yourself, would you rather have a customer send you a lead via a form or call you on the phone...(Your answer should be the phone.) For every reason that you would choose the phone you are reinforcing the message Russ is trying to convey. It's time for the demise of the static form.
Maybe the most important point he makes is the low value a static form provides a customer and a dealership. It's just not an ideal way to start a positive relationship.
Look at CarNow. They are attempting to improve customer/dealer communication channels. (I have no affiliation with CarNow, just using them as an example.) I'm sure there are others out there as well that are trying to provide a better communication experience.
Last thing - Just because cars.com, autotrader.com, trucar, etc. are doing something, it doesn't automatically make it the right thing to do. Be open to the idea of improving on the status quo.
PERQ
Thanks for the support Gayle!
I loved your example with the phone, its all about having conversations with people on your website, just like you would on the phone.
A classic example is the trade-in calculator, which has become almost standard among dealer websites. Years ago, dealers would collect appraisal data via a basic static form, which evolved to a calculator. It's still one of the best conversion tools out there and much of that credit goes to its ability to interact with consumers based on their input. It offers immediate gratification in return for information that is calculated using the users input.
It worked well for the trade-in static form, it's likely following the same interactive strategy with otherstatic forms, would result in similar gains.
Dealer Insights
Russ - It seems the challenge is understanding what you mean by "interactive lead forms". I went to your website, watched the examples you have on YouTube for "Trade" and "Price" and all I saw was a form that included radio buttons and checkboxes along with the usual text boxes. But I'm not certain I would call that "interactive". It's just a nicer looking form. Or maybe I'm just missing something.
I would certainly agree that getting the lead involved more and interacting with them as much as possible is better than just a simple form that asks for a name and email address. I know dealers that have found great success in form solutions form Wufoo or JotForm and built far nicer and cleaner forms than what their website provider gives them. They have definitely found that cleaner, simpler forms that ask pertinent questions convert better than just generic ones.
And of course, any form that can truly be interactive and respond to requests from users and give them the information they need immediately is going to convert better. Trade in forms that give a range of values based on user input is a good example. But there are so many times where the info that user wants can't be provided immediately and that's where the good ol' lead form is still the best way to gather that info from the user.
PERQ
Thanks for sharing Mark,
My intention of the post was to challenge the standard static lead form as the leading tool used to convert existing website traffic. Although dealers are increasingly adding interactive tools to their website for consumers, the static lead form is still the leading tool used by the average dealership.
My strong opinion on the topic is definitely driven by the experience I've been fortunate to have, in working with dealers to turn their static lead forms into a more premium, interactive alternative. I appreciate that you took the time to take a peek at a few videos of our technology but I do believe this goes far beyond my own solution. The topic of interactive content vs static content, is something other industries are far ahead in leveraging to improve results and I would love to see that brought to the automotive industry as well.
Although a YouTube video can give a peek into what we offer, because your not actually interacting with the technology, its obviously tough to see how it responds to your interaction. So yes, your missing something. We utilize a combination of a consumers on-site website behavior, lead data points and digital engagement, to individually personalize CTA's in real time, that then leads to an interactive experience to increase website conversion. The benefits for our dealer clients has been as much as a 200% increase in conversion, 5x lead data collected, and significant increase in lead quality. Meaning a significant number of more leads are turning into live conversations with the dealership, converting to showroom traffic and making a purchase.
Your right, not every form can result in an immediate result like the trade-in form. However, I think its common knowledge that consumers don't find a "static lead from" attractive. Therefore where an immediate result of some kind can be acheived vs a "thank you for submitting your information" page, I definitely recommend it. There are more options for this then before with so many options for independent data that cen be leveraged, assessment, calculators and website intergration. Where its not applicable, there are still signficant benefits to the consumer and dealership to apply interactive elements such as responsiveness, personalization, animation and video, to their lead forms. Naturally, this is more appealing to consumers than a static form.
PERQ
A New Breed of Tech Provider
As a dealer, you likely have a number of different tech providers (or vendors) that you work with to ensure operations run smoothly – all providing different types of technical services. There are automotive providers for marketing, finance, inventory, lead generation, print advertising, etc. The list goes on and on. You might not have digital tools for every aspect of your dealership, but you probably have vendors for some.
One thing that’s particularly common amongst dealerships is the use of month-to-month vendors. What this essentially means is that dealerships are signing up for tools and services that they can pay for on a monthly basis. If, for any reason, a dealership discovers that they don’t want to continue using a particular tool or service, they can cancel anytime. No questions asked. Many dealerships are given the opportunity to try out different vendors and experiment with different tools because of this.
Nowadays though, dealerships are opting for a “new breed” of tech provider — one that allows them to work closely with account reps that can help them step-by-step with their new tools. Instead of opting for different vendors, dealerships are becoming more attracted to the concept of annual partnerships. Annual partnerships are simply where dealerships commit to a year or more of access to tools and services. However, instead of figuring it out on their own, dealers are assigned a knowledgeable account rep to help them every step of the way. Account reps will typically help you with setup and/or implementation, strategy and troubleshoot software issues — all things you wouldn’t normally get with a month-to-month contract. The ability to forge working relationships is what makes annual partnerships so unique.
Although month-to-month contracts are still popular among dealers, annual partnerships are quickly gaining traction. Here’s why annual partnerships have become more popular over the last year:
Assistance with Planning & Troubleshooting
As I mentioned before, when you sign up for an annual partnership, you’re typically assigned an account rep to help you throughout each and every aspect of implementation, planning and troubleshooting. What makes this so special is that, for dealers relying on month-to-month services and tools, they’re pretty much all on their own. Dealers that sign up for an annual partnership, on the other hand, have someone watching over them. They don’t have to go about anything on their own.
Let’s say you’ve just signed up for lead capture and engagement tool to integrate onto your dealership’s website. It’s a tool that basically has the same capabilities as Black Book, KBB, and Auto Trader. The difference is that tool is associated an annual partnership; which means there’s an account rep available to help with whatever it is your dealership needs. If you find that your dealership isn’t converting as quickly as expected, an account rep can make copy, design and software recommendations. Additionally, your account rep can troubleshoot issues you’re having; and help you install additional software.
Access to Advanced Tools & Services
The 2nd reason why dealerships have been signing up for annual partnerships is to gain exclusive access to advanced tools and services that they wouldn’t otherwise get in a month-to-month agreement. Now, you might be asking “Why can’t I simply get these tools in a month-to-month agreement?” Well, the reason why annual partners typically get access to these tools is because they’re in it “for the long haul.” Advanced tools, analytics dashboards and services need to be created by talented developers and engineers — all of which cost money. After all, there’s a lot that goes into analyzing and dissecting consumer car buying behavior. And in order to truly reap the benefits of these tools and services, they need to be utilized over a certain period of time. This allows for proper data collection, bug fixes, and so on. It wouldn’t make much sense for a dealer to sign up for a tool, leverage every aspect of that service (which took a tremendous amount of time and effort to develop), and then cancel it a month later. It doesn’t make much logical sense, and it certainly doesn’t make financial sense.
Now, when I say “advanced tools and services,” it’s exactly what it sounds like. These tools have been developed to help your dealership function and run at its absolute best. They provider dealers with the opportunity to further dissect future opportunities and help with troubleshooting. But the best part, of course, is that since you have your own individual account rep, you can reach out to them for guidance and assistance with all the advanced features you come across — and it’s completely customized to your dealership’s specific goals.
Cost Effective.
One thing that you might find particularly surprising is that annual partnerships are quite cost effective. Not only are dealerships that sign up for such a partnership often provided with a significant discount (if you commit to a year, they’ll knock 25% to 30% off monthly price), but the additional time you spend with your account rep means a better developed strategy or better system of doing things.
Let’s use dealership website builders as an example, shall we? Your dealership signs up for a website building (and hosting) service; and you’re assigned an account rep that provides tips and tricks for how to make your site more maneuverable. They tell you what tools to use; what features to use; and to some extent, what copy to use. It’s because of this extra work that your site ends up generating a lot more leads, and scheduled appointments. More leads and scheduled appointments = more sales. That said, the extra time and effort spent with an annual partnership means a greater return on investment.
And another reason why annual partnerships are cost effective? It basically eliminates the need to hop from service to service. When you start and stop using month-to-month tools and services, you often experience a lot of downtime on your campaigns and initiatives. You spend more time researching what tools and services to use, but not enough time developing strategies and implementing structure into something that can be made better with time. The more downtime you have between different tools and services (give or take a week or month), the less money your dealership will ultimately make.
It's not about trying to lock a dealership into a product they're not going to want in a couple of months or doesn't work. It's about looking at one can be accomplished between a tech provider and dealer client when they commit to working together for a longer period than just month by month. After all, both business's are working to generate revenue by selling vehicles.
Just to be clear, I’m not saying you absolutely should go with an annual partnership. Honestly, annual partnerships aren’t for everyone. Some dealerships might actually thrive using month-to-month products; and that’s perfectly okay. However, there’s no denying that the majority of dealerships out there have at least dabbled with or thought about going with a annual partnership. Frankly, the ones that did experienced outrageously great results. The point here is that even if things are going well, you might actually discover that your results can be even better. Annual partnerships have proven value amongst dealerships; so, you might want to reconsider that "no contracts" policy. You might be suprised how much better your technology performs we your not starting over every month.
Are you currently working with a tech provider? What has your experience been like so far?
Russ is a dedicated professional generating results in the world of marketing and advertising. With over a decade of experience in the auto industry as a dealer, he has seen firsthand the problems dealerships face everyday.
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PERQ
Interactive Experiences That’ll Engage Consumers on Your Dealership Website
When it comes to successful lead generation on your dealership’s website, interactive experiences have a positive impact on the way those leads are captured. With more and more consumers becoming deterred by static forms (and the fear of getting bombarded with phone calls), dealerships need to leverage automotive website optimization, and come up with better, more engaging ways to reach those consumers, and obtain their information.
For Internet Managers, the biggest obstacle is simply coming up with better ways to engage with their consumers. Sure, the standard 3rd party lead capture tools do the job; but competition is fierce. Don’t you want to really “WOW” your consumers with an experience that can’t be beat? Here are a few types of engaging interactive experiences that you can integrate into your digital lead capture strategy:
Evaluation Experiences
While this isn’t always the case, many consumers visit your website not knowing exactly what it is they want from your dealership. Many of them have an idea, but they haven’t made any concrete decisions. Setting up an evaluation experience on your website is a great way to help consumers figure out what it is they want. And the best part about evaluation experiences is that you can often customize the questions as much as you like. “What type of vehicle is best for your family?” or even “What financing option is best for you?” are great types of evaluations because they steer the customer closer to a purchasing decision.
Calculators are, arguably, one of the best types of evaluation tools that you can place on your website – the reason for that being that finances are almost always a major factor when it comes to vehicle purchases. If consumers can’t afford the down payment, the monthly payments or cost of mileage, it isn’t a wise decision to get the vehicle they’re looking at.
Once the evaluation is complete, those consumer preferences and contact info will be sent to your consumer database; and that’ll give your dealers the opportunity to provide inventory and service suggestions that are best suited for them.
Assessments
Assessments can offer a way to help educate customers about your brand, product and major shopping decisions. Many dealership sites are just focused on the transaction phase of the buying journey – when they’re ready to buy. This could be a major reason consumers don’t’ spend as much time on dealers sites, in the early stages of process.
When someone begins shopping for a vehicle, everything is about assessment. They assess their current situation by finding out the value of their car and learning more about their financial situation. When the value of their car has been determined, they begin researching to assess the current market conditions and available options according to their needs and wants. What model is right for me? What can I afford? Should I lease or finance? Should I buy new or used?
All of these are examples of major decisions made while shopping for a vehicle. They all have a massive impact on what they’ll eventually purchase. If you can help a website visitor work through these decisions and put them on the right path, you’ll be making an emotional connection with them. These types of positive emotional interactions are what ultimately drive their opinion of you, and how fit you are to purchase a vehicle from.
Quiz (Testing Knowledge)
Quizzes are another type of great interactive experience that you can incorporate into your dealership’s website. Consumers love a bit of healthy competition; and they love seeing their name at the top of the leaderboards. Consumers especially like the concept of being able to share their winning results with their friends on social media. Although you might be racking your brain about what sorts of trivia questions you could ask, you can basically come up with questions about — well… anything! When conceptualizing your quiz, think about what consumers typically like to compete over — is it car knowledge, brand specific knowledge, hometown community knowledge? Make it unique, relevant and more importantly, fun!
One suggestion for a quiz would be to ask trivia questions pertaining to the history of your dealership — or perhaps statistics from your dealership. Doing this gives consumers the opportunity to learn more about your dealership before talking to any sales rep.
Does your dealership’s website have its own interactive experiences? Tell us about them in the comments!
Russ is a dedicated professional generating results in the world of marketing and advertising. With over a decade of experience in the auto industry as a dealer, he has seen firsthand the problems dealerships face everyday.
6 Comments
Kelley Buick Gmc
I really like the quiz idea.....maybe some type of incentive to get the client involved would help
PERQ
Thanks Mark! I especially like the type of quizes that really educate the consumer at the same time. It can be really boring to research while shopping for a vehicle and a quiz is much more effective at helping you retain what your researching.
An inencentive is a great idea, maybe tie it in so that you have to get a certain score or better to receive it. You could also do a 'enter to win' style where by taking a quiz, your also being entered for a giveaway.
Preston Automotive Group MD/DE
LOVE the quiz idea. I think that is a MUCH better investment than an app
intice
I love the quiz idea. Expanding on that, I wonder what content would be best. Guess it would have to depend on the particular dealership, since every audience is so different!
Also, Sun Toyota does an incredible job on their website.
Automotive Group
I think Chevy crushed it with this new site.
https://www.chevysmallcars.com/
PERQ
Thanks for sharing Chris! I agree, Chevy did awesome with this interactive experience. Very promotional and I could see consumers spending a long time engaging. Pretty cool.
PERQ
What Are the Elements of the Great Automotive Shift?
About 2 weeks ago, I discussed the major shift that was happening within the automotive industry in regards to their digital presence. In a nutshell, dealerships are adding significant upgrades to their websites in order to provide better resources, and impress consumers who are currently have lots of options in front of them. In addition to website alterations, dealers are also leveraging other online resources (like social media) in order to reach new consumers and keep loyal customers in the loop.
In that post, I didn’t really divulge into everything that dealerships were doing to evolve their digital presence. Sure, I discussed the concept of upgrading one’s website (and even named an example), but there are so many things that dealerships are doing to make sure their websites kick some serious butt. In fact, with all the new software for auto dealers coming out, there’s no excuse to not at least experiment a little. The same goes for off-website stuff too. That being said, what are some of the changes that dealerships are making? Let’s take a quick look:
Overall Website Design Changes
Remember how I mentioned that many dealership websites worked off a 3rd-party template? Well, dealers are still using those templates — but they’re coming up with some awesome ways to make those websites entirely their own. That, or they’re simply scrapping the 3rd party vendor to hire a website designer. Either way, dealers are quickly putting extensive focus on the overall look of their website.
Dealerships want to stand out, so they’re cleaning up their HTML, adding unique fonts and creating an experience that consumers don’t feel overwhelmed by. Dealerships websites are no longer cluttered by pop-ups, inventory (on the front page) and various calls-to-action.
Interactive Lead Capture Tool Customization
Most dealerships nowadays use some sort of Interactive Lead Capture tool (Think your Blackbooks, Auto Traders, and KBBs). However, like the websites I mentioned previously, a lot of those tools are also pretty template heavy. Instead of leveraging a generic template with generic questions and standard logos, dealerships are now attempting to personalize their tools in order to provide consumers with a smoother experience on their website. For consumers, landing on a dealership’s lead capture tool and discovering entirely different logos and rich media mentally skews the experience for them. It often times leaves consumers feeling confused.
If your dealership uses the standard template, it’s as if the consumer has left the website. If I’ve learned anything over the last few years of working in automotive marketing, consumers are much happier when their shopping experiences are seamless. Dealers are beginning to realize this too, as they're altering the tool’s color scheme and images; as well as adding rich media. More importantly, they're customizing the questions being asked on the form itself. They’re questions these consumers have likely never seen before, so that adds to the overall “uniqueness” of your dealership.
Web Analytics
You’d be very surprised to learn that, at one point, many dealerships didn’t really keep very close tabs on the analytics of their website — mainly because they didn’t know such an option was available to them. Over the past few years, dealerships have become extremely aware of the power that comes from looking at platforms like Google Analytics to figure out more about what consumers are actually doing on their website. And yes, I added extra emphasis on the word “actually” for a good reason. When consumers fill out a form on your website, they’re basically telling you the truth (and why wouldn’t they? It’s in their best interest to do so). The problem is that a lot of consumers will do certain things without really giving it a second thought. For example: a consumer might visit your website knowing they want a sedan, but they keep eyeballing the “Trucks” section of your website. Subconscious behaviors like this can be tracked and leveraged for future marketing efforts (Promotions, Facebook/Twitter posts, messaging, etc.); or even retargeting — which is typically occurs automatically once results are captured! Basically, web analytics tools provide a completely unobscured view of your consumers.
As you can tell from the examples above, dealerships are paying very close attention to the new types of technology coming out. Because competition is so fierce between dealerships, investing in upgrades is a wise decision that’ll prove to be quite fruitful as time progresses.
What sorts of new technology do you think we’ll see in the next few years? Tell us in the comments.
4 Comments
FlexDealer
In my opinion, before the technology is considered, it's important to gain a clear understanding of the objectives that are most important for the dealer.
A major challenge I see in our industry is that every piece of tech conditions the dealer to believe they'll get more leads or more business.
The reality of it is that the 1:1 exchange isn't always going to be leads and sales.
For example, if a dealer updates their website design, the goal shouldn't be "more leads". It should be to have a better-looking website that more accurately reflects the business and provides a streamlined ability for the consumer to acquire information.
There is so much tech out there, and it's always positioned as the be-all-end-all for growing business. There is tech that was released a year ago with a bang that we don't hear about anymore...
Where am I going with this? I think it's important to focus on providing the best experience for the customer at whatever phase of the buying process they're at. Most tech is still focused on the intent/purchase phase of the process and excludes those that are still in the research phase. In so doing, they lose the competitive advantage of building relationships of trust with the market and increasing their ability to transact.
PERQ
Thanks for sharing your opinion Michael. I agree the goal can't always just be 'more leads', there is a lot more that can be done with dealer website traffic than just getting more leads. I especially agree with your point around the narrow focus on just the purchase phase of the buying process. I think we're going to start to see more entry and research phase content, especially interactive content, be utilized on dealer websites. It's also likely that we start to see more partnership providers of technology solutions than just your typical vendor. The market is continouing to change so rapidly that dealers need solutions that can adapt at the same pace without having to hop providers everytime a trend pops up. Partnership solution providers with technology can develop more of a long term strategy with dealers and use technology in a variety of ways to be successful.
DealerEFX.com
Great post, Russ.
You touched on a very important insight "For consumers, landing on a dealership’s lead capture tool and discovering entirely different logos and rich media mentally skews the experience for them. It often times leaves consumers feeling confused."
Dealers wishing to capture the lead (and the imagination of the prospect) need to consider a more "blended branding" approach that brings their brand front and center and relegates the trade-in tool brand to a more appropriate level of perception, the supporting role.
We work with dealers on their email response templates, which includes dealer branding and messaging that captures the "top of mind" you want from "in-market" prospects. Dealers should leverage the tools provider brand, not rely on it to enable prospect engagement.
Control of your dealership's brand identity in every marketing channel should be a primary goal for marketing management. But, between the tools' overpowering branding and cookie cutter websites OEMs support, brand identity can get lost in the translation.
PERQ
Thank you for sharing your thoughts and support James!
You hit the nail on the head with "blended branding" at a appropriate level of perception, a supporting role. It sounds like you must be doing a great job with your dealers an the email responses you mentioned.
One way to see of this philosephy being applied by a dealer is to look out at the leading dealer websites in competitive markets. You'll notice a lot of effort in their design, messsaging and approach with consumers to be unique. These dealers have caught on to this "lost in translation" situation and are taking advantage of it. Typically you'll see a lot of good branding, transparency and trust driving benefits being display on their site. It's also likely that their site is very interactive, personalized and does not reflect a typical cookie-cutter dealership.
3 Comments
Jason Unrau
Automotive Copywriter
For the most part, I agree with you. My concern comes from one of the basic principles for successful selling, and that is creating a relationship with the customer as a salesperson.
I'm torn between providing a high level of information online to answer their micro-moment questions and drawing them to the dealership for the salesperson to become the authority on the vehicle. I spent some time in sales, and success happened when the customer trusted the salesperson. Often, that had to do with their vehicle knowledge, but also in the relationship they built while answering the questions.
Has the industry changed so much that this is no longer the case? And if so, how does a salesperson develop the relationship to close the sale?
Russ Chandler
PERQ
Thanks for sharing Jason! I think you make a good point and many dealers are debating a lot of similar questions. I'm a firm believer that their is no such thing as a "one size fits all" approach, so let's just assume it could be different for each dealership.
For many dealers, I'm noticing a significant amount of website traffic coming from consumers that aren't ready to buy yet. I think this is a crucial finding because most consumers won't start a dialogue with a live sales person at the dealership until they're ready to purchase. If you attempt to force them to talk to a live person to get information, they'll simply leave your site and visit another dealerships site or 3rd party site, to find what the information they need. So the idea of just not providing it on your website so they have to talk to you seems tough to imagine when they can just as easily go to another site.
What I'm suggesting is to arm the website, as if it were a sales person, with assessments because in a similar way to a live person, it starts a dialogue of a two-way, more participatory conversion between your website and consumer. The engagement rate is much higher with visitors in the research or discovery phase than strategies used in the buy phase that initiate conversation with a live person. It's a higher rate of engagement because, consumers need not share phone number yet and have no obligation to talk to anyone or come in.
The real value is in how it actually increases your engagement rate with those buy phase strategies with a live person. Think about it, if in a sense you've already started a conversation via interactive assessments in the research phase that move you into the buy phase, then the real conversation is easier to start. Your live sales rep is just taking over the conversation from your website at that point. So to your point, trust and dialogue with the dealership are key factors in winning over consumers. It's just that more of that happens directly between visitors and your website than with live sales person with todays consumer. That's why the average consumer visits less than 2 dealers before purchasing. What happens in the store is become less of a determining factor of whether they buy fom you or not. It's happening in the 'digital dealership' online, the dealers website.
Sorry for such long response but I think its a great topic to discuss. If your interested in reading more on how to optimize a site with this strategy check this article out- Optimizing Your Website for Top-of-Funnel Buyers
C L
Automotive Group
Thanks Russ, Always with some good stuff.