Flick Fusion Video Marketing
For Car Buyers, 5 Is the Magic Number
While the consumer’s car buying journey can include upwards of 24 touchpoints, there are some particular milestone moments in that journey that can define and direct their actions. These moments are covered in a report recently released by Google’s Automotive division, “The 5 Auto Shopping Moments Every Brand Must Own.” The report states that the key moments within a car buyer’s path that every brand must be aware of and present for are:
- Which car is best?
- Is it right for me?
- Can I afford it?
- Where should I buy it?
- Am I getting a deal?
To truly make an impact on these shoppers throughout each stage of the car buying process, dealers need to have content which appeals to buyers, that makes those buyers desire to take action, and that helps lead them down the road to their dealership. At each stage in the process, dealerships compete for consumer eyeballs. While some dealers will rely on stock information for their vehicle descriptions, others may actually take the time to write custom comments. Some will have a limited number of photos of a vehicle, while others may include 40 or more. The problem is that, to the consumer, every vehicle is almost always one of many in a list that’s typically sorted by price.
So, you can you differentiate your Honda Civic from the thousand others for sale in a market?
Through storytelling.
Statistics show that we remember 20 percent of what we hear; 30 percent of what we see; but a whopping 70 percent of what we both see AND hear. The more of a customer’s attention you can grab, the more likely that YOUR vehicle will catch and hold their attention. Descriptions alone can’t achieve this. You’ll be lucky if they even read the whole thing. And forget about a customer flipping through 40 photos. Chances are that they will browse through a few before abandoning that VDP and moving on to the next one. And the next one may or may not be yours. The only way to maximize your shot at attracting and keeping interest is through a combination of sight and sound – and that’s where video comes in.
Video has the unique power to tell stories. Whether those stories are about the vehicle, the salesperson, the dealership, or a plethora of other topics, no other medium is as powerful.
With video, you can tailor your story to a specific person. Few marketing tools have more influence on a car shopper than a vehicle video walkaround, specifically made for that customer. Think of how much more effective an e-mail response is that contains a personalized video greeting, over the multiple canned email responses they probably receive from your competition. Consumers aren’t stupid. They realize that these type of e-mails are not authentic responses to their inquiries. Chances are that just about every one they receive from multiple dealers contain very similar messages. Video will give your dealership the edge. The consumer can very quickly see that they have received an authentic response. And that the salesperson, or BDC rep, took the time to make a video specifically for them!
It’s time to up your game. Make an impression that is meaningful, authentic and personalized.
Flick Fusion Video Marketing
A Super Nifty Trick to Make Your Facebook Videos More Effective
Social media is a great place for brands to get their message out to the masses using video. Not only are more people watching video on Facebook, but the platform itself is also giving it extended reach in order to entice marketers to publish more video on Facebook. Another really great (for marketers) feature of video on Facebook is that it autoplays in a user’s newsfeed. The problem is that it autoplays with no sound, so a user actually needs to engage with the video in order to hear it. If the user is scrolling through their newsfeed, you literally have seconds to capture their attention. So, how do you maximize the effectiveness of your Facebook videos knowing that users aren’t going to hear it, but only see it?
A recent article in Inc., shared that at the Salesforce Connections conference held in June, Facebook’s CMO Gary Briggs revealed a new trend that brands are beginning to use in their video marketing efforts on Facebook. Knowing that they’re pretty much at the mercy of a user when a video is presented in their newsfeed, marketers have started introducing text into the first 5-10 seconds of the video, so as to pique the interest of users and bypass the need for audio to capture attention. Similar to subtitles, this text is actually rendered into the actual video itself, allowing companies to use creative text in unison with their video to capture the user’s attention and get them to engage.
Facebook video marketing can be highly effective for dealerships, especially if it’s targeted properly. Video ads are one of the most effective means of advertising on the platform. The ability for dealerships to utilize various data sources and identify in-market car shoppers within their geographical area offers amazing opportunity. Consider incorporating video into your social media marketing on Facebook and, if it’s in the budget, utilize the precise targeting features that Facebook offers.
The most effective form of video marketing on Facebook for car dealerships would be more in the area of company branding, fun and random entertainment videos, customer testimonial videos, and occasional inventory walkaround videos. Of course, you should have an entire Inventory Videos page available from your Facebook Menu, making it easy for anyone visiting your Facebook Page to quickly see videos of your inventory (since you actually do sell cars).And, if you have a very rare or unique vehicle, and target it properly, a video ad for that vehicle on your wall could also help the vehicle sell faster as well. However, for the most part, the ability to expose your dealership to potential new customers through well thought out, creative and engaging video can keep you top of mind.
A successful video marketing strategy will ensure that your dealership is present at each and every touchpoint that a consumer could visit on their car-buying journey. It will also take advantage of any unique features of the platform to optimize the chances that consumers engage with the video. This super nifty trick will allow you to relay a quick message (a hook, if you will) to consumers without them having to engage with your video, and could make them stop and listen to what you have to say.
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Flick Fusion Video Marketing
Vertical Video: If You Can’t Beat Them, Join Them
Ever since cellphones gained video recording capability, people have insisted on shooting video vertically. Despite all the harassment and corrections received from peers when sharing a vertical video - “Hold the phone sideways!” - Some things never change. Those black bars that bookend the video when taken vertically certainly aren’t the most attractive. They also limit the space in which the video can be viewed. Despite all this, a bunch of video platforms have finally given up encouraging people to abstain from taking videos vertically and have altered their platforms to accommodate them.
According to an article in Entrepreneur, Snapchat and YouTube have altered their platforms and have given their video players vertical video support. This means that those annoying black bars will no longer be visible when a vertically filmed video is uploaded. The newer live-streaming video services - Periscope and Meerkat - have always promoted a vertical video format. The thought process behind this is that most consumers peruse content holding their phone in a natural way (vertically) and horizontal video forces them to rotate the phone - an unnatural action with a smartphone.
In fact, Snapchat asks its marketers to reshoot their videos in a vertical manner. While this can be a costly suggestion, according to Snapchat, “vertical video ads are nine times more likely to be viewed to completion than their horizontal counterparts.”
It’s all about options, folks. Some consumers like watching videos horizontally. In fact, most video marketers up till now would cringe every time they saw a video with the black bars on the side, indicating that it was taken vertically. Now, however, these video hosting platforms and apps are optimizing their properties to emphasize vertical videos, so as to accommodate the way in which consumers actually use their devices. This is instead of forcing them to make (or watch) videos in an unnatural position. The fact that vertical videos have higher completion rates is certainly logical for these very reasons.
The most important things to consider when choosing platforms for your video marketing are: a) is the platform optimized for a mobile web experience, and b) is your video attractive and easy for a consumer to view. Forcing consumers to watch videos through an app could make them hesitate to watch - especially if they aren’t already a user of the app.
It’s also important to include distinct calls-to-action that consumers can take within the video player itself. It’s great if they watch your whole video. But, if they cannot be lead further down the buying funnel, what’s the point? You cannot expect a consumer to watch your video and then have to hunt you down because, well, they won’t.
It seems that we can lay to rest the taboo of vertical video now that these platforms embrace it. Does this mean horizontal video will all of a sudden be taboo? Who knows – and it really doesn’t matter anymore. Make compelling videos and host them in a way you can control where they go next, rather than risk the video player suggesting “relevant” videos which just so happen to be from your competition. In this way you’ll win in your video marketing -- whether you take the video vertically or horizontally.
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Flick Fusion Video Marketing
One Isn’t Always the Loneliest Number That You’ll Ever See
In determining the effectiveness of video marketing, perhaps the metric most used is views - How many views did this video get? In fact, in a recent study by Yahoo-owned video platform Brightroll, 31 percent of polling respondents from over 70 ad agencies in the UK, placed completed views as the most important metric, followed by brand lift (28 percent) and a four-way tie between inventory quality, conversion, click-thru-rate and sales impact, which all came in at 8 percent. Hold on a minute. Does this mean that these marketers care about video views almost four times more than sales?
In video marketing, too much focus can be placed on how many people saw a video when, in fact, what matters is did someone watch the video and then buy the car. Yes, it’s important to have your videos on every touchpoint a buyer may visit in the purchasing process. It’s also important that your video is engaging enough that that individual watches it and decides that YOUR car is the one they want, versus the many others they may encounter. But make no mistake, car buying is an individual journey.
Our world is so noisy today that consumers go out of their way to be alone. Don’t believe me? Try to visit mostexclusivewebsite.com then come back to this blog. I dare you.
It didn’t take long for you to come back, did it? You know why? That website only allows a single visitor on its servers and then only for 60 seconds at a time. Once a person gains access, they can then leave a short message on the site to prove that they were there. Sounds kind of silly, right? I mean, why would someone visit that site? The fact is that so many people are trying to access the site that it cannot keep its servers up. According to the Washington Post more than 300,000 people have tried to access the website while only 55,000 have been successful.
People crave individual experiences. They want to feel special. Creating relevant and engaging video content can accomplish that. It can warm the customer up to your dealership as they make their way along whatever path they’ve chosen. On high funnel touchpoints, you want customers to find videos about your dealership’s value propositions and why they should consider purchasing from you, service and sales overviews, along with customer testimonials. These will start making an impression on your customer and plant a seed that you are the “good guys” and that they can trust you. As they move further down the funnel, they’ll be watching your inventory videos while searching for a vehicle. Once they are low funnel shoppers, that’s when you want to treat them like they are the only lead, the only customer, and the most important person in the world, by serving up personalized lead responses, vehicle walk arounds and appointment confirmation videos. Video also gives you the ability to serve up custom content via your video players, throughout the entire buying cycle and specific to an individual shopper’s behavior and viewing pattern. This makes the overall experience even more relevant and more personal to each shopper.
Stop thinking of video marketing as a numbers game. There is only one number that matters --and that is the customer that is watching your video… right… now.
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Flick Fusion Video Marketing
Why Real Video Engages Consumers
Digital Marketing plays such an important role in a business’s success today that it is easy to forget how young this medium truly is. It has, in fact, experienced a growth explosion that is historically unparalleled. A new innovative marketing product seems to emerge almost on a daily basis. And everyone promises that if you use this new “insert buzz word here,” then you will get more leads. With this explosive growth, and all the new products and features that roll out, it is easy to get caught up in chasing “the next big thing,” and forget about some of the basic fundamental rules of marketing that must be followed.
Rule 1: Emotion Sells
There is no technique in the world that can sell as well as emotion. It’s the exact reason why every sales process includes a test drive to get a shopper sitting in a vehicle, their hands on the steering wheel, and their mind taking mental ownership as they drive down the road. The problem with online car shoppers is that, unlike the customer standing in front of you, you can’t open the driver’s door and slide them in. However, you should be using your VDP Pages to duplicate this emotional experience the best that you can. Having good quality photos and a good quality vehicle description is a good start, but the very best way to generate the most emotion possible in the virtual world is by creating live walkaround videos. Encourage your staff to interject personality into that walkaround. Another great way to use a walkaround is to personalize the video response for customers who have inquired about a specific vehicle. The customer will feel special and you can then begin to develop trust and rapport with them before they even step foot in the dealership. The more emotion you can add to the overall experience for a shopper, the more leads you will get -- with more of those leads actually showing up at your store to take a real test drive.
Rule 2: Be Relevant
In marketing, relevancy is one of the most important things, no matter what the media source. The first basic fundamental of marketing is to analyze your message and determine if the content you are trying to deliver matches the audience it is being delivered to. The ability to understand the consumer’s motivation at significant points in the buying cycle, and to then deliver relevant content to that specific consumer, is key to converting car shoppers. Different videos impact different shoppers at different times in the buying cycle. For example, you may want to give a different message to a shopper watching a video on your dealership website versus a shopper watching your video on AutoTrader. Or a shopper that is standing on your competitor’s lot while visiting your website (showrooming) to check out your inventory to see how your vehicles compare. These are just a couple of the many examples of how you can utilize technology to increase the relevancy of your marketing message. One of the best aspects of using videos in your marketing strategy is that your videos can dynamically update your message based upon the relevancy to that particular consumer.
Rule 3: People Buy From People They Like (Trust)
Quite frequently, a customer browsing your website or VDPs does in fact have an interest in a vehicle, yet they do not submit a lead. In many cases, the underlying cause is that they simply do not trust car dealerships. Your dealership itself may not have done anything wrong to this person, but some past experience has perhaps infiltrated their thoughts. Address those fears in your videos and reassure the customer that your dealership won’t treat them poorly. If you make it clear that they will have a great car-buying experience, it can help entice them to fill out the form and click the submit button.
Rule 4: Call-to-Action
Make sure that you are very clear in your videos about the next steps you want the consumer to take. Having the video is great. But if you don’t tell the customer what to do next, you may find that they leave your website or VDP solely because they don’t know how to proceed. Be sure to lay out out a clear path for your customers to follow. Don’t rely on all of the widgets on your site, or third party VDP listings to do this for you. Include the call-to-action verbally in your video. This then helps to guide the car shopper to take the actions you want them to take. Make the process easy for the customer – don’t force them to guess. You could run the risk of the customer leaving your site and then getting overwhelmed by the many different calls-to-action that are present on most other websites.
All dealerships want more leads. The common thought process is usually along the lines of “If I get more leads, I’ll sell more cars.” However, if you rely solely on adding the latest gizmo to the numerous other ones already on your website, this is not the best process. Use these basic fundamental rules of marketing and you’ll see an increase in leads and end up with car shoppers further down the funnel, with a genuine interest in a specific vehicle, ready to engage with you. This will produce a higher closing ratio with less effort on your part.
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Flick Fusion Video Marketing
How to Use Video to Turn Leads Into Shows
All dealerships get leads that originate from the Internet. Not all dealers, however, are equal when it comes to how they handle these leads. Ever wonder why some dealers are able to close Internet leads at 12+ percent, while others struggle to reach 6 percent? The reason has everything to do with how these leads are handled – from speed of reply to the content in the reply itself.
One of the most powerful ways to communicate to today’s tech savvy customers is with video. It’s a highly effective form of communication because it engages the customer’s senses. It can help capture the customer’s attention and increase the amount of leads that turn into appointments.
There are three basic types of videos that I find work best when created and integrated into any lead follow up system :
- Lead Response Videos: When you receive a 3rd party Internet lead, chances are really good that lead also went to multiple other dealerships. This interested buyer then gets bombarded by e-mails and phone calls. Quite frankly, most of these responses are generic, contain no information, aren’t personalized and tend to start looking alike. Gain a competitive edge with your response -- rather than simply send a template email, create a personalized video response that thanks the customers for the inquiry. Introduce yourself, mention the vehicle the customer inquired about and invite them in. Your video will stand out and make you the memorable one. Customers will also feel flattered that you took the time to create this video and realize that there is a real person communicating with them, not just a computer.
- Appointment Confirmation Videos: When you do get a customer that is interested in test driving a vehicle, it’s important to create a sense of obligation on their part. It’s proven that e-mails that contain videos get opened at a far higher rate than those that do not (especially when the word “video” is in the subject line). Create an appointment confirmation video and you can increase the chance that the customer will open and view it. In addition, use the video to tell them that you’re looking forward to seeing them and make it “personal” so they feel guilty if they blow you off and don’t show up. Let them know that you are doing something “for them” by making sure you have the vehicle cleaned up, pulled around and waiting for them…and offer to have an ice cold bottle of water or a cold Coca Cola waiting for them.
- Personalized Walkaround Videos: Nothing is stronger than sending a personalized walkaround video to your customers. The fact that you took the time to video and explain the features and benefits of the specific vehicle they inquired about JUST FOR THEM, can impress them and can also increase their interest level. People appreciate it when others go that extra mile to help them. Make your vehicle AND yourself memorable and you’ll have a better chance of building trust and rapport with your customer and, ultimately, getting them into your dealership.
Give one or two of these a try, I’m confident you’ll be impressed with the increase in the lead to appointment rates and appointment show rates that you receive.
3 Comments
Kia of Cornwall
Last week we launched our video program with our sales team, I am eager to share this ammunition with them and to see the difference powerful videos make on their lead conversion rates. Right now we are just doing a quick overview and walk around video as a lead response, but I am going to incorporate this for Appointment confirmation videos as well! I'd love to hear how I can improve our videos: https://www.youtube.com/channel/UC4cZTM15-L-NJJjMpY3Rzlg
Launch Digital Marketing
Nice article @Timmy. When I was in sales I personally used lead response and personalized walkaround videos to my advantage. If you get consistent with them and you bring value, you should see an increase in overall appointments shown and closing percentage. @Taylan Great job on the videos for your store. The only recommendation I would make is to mic up the people on camera so you get clearer audio.
Automotive Group
I agree with Jason. One of the microphone I use is the Rode Smartlav. I plug it in to my iPhone, tuck it in my back pocket and record audio that way. http://www.amazon.com/Rode-Smartlav-Lavalier-Microphone-Smartphones/dp/B00BHN05H2
Flick Fusion Video Marketing
In Marketing, Consumers Want to Know What Is In It For Me
People aren’t watching your commercial or video because they want you to sell them your product. They’re watching because they want you to sell them a solution.
In the world of online marketing, oftentimes marketers forget this very basic concept. Think of it as painting pictures when selling. The idea is that you want to tell the consumer why they need a feature, so that the consumer will visualize how each feature will make their life better, easier, more efficient. How it will make them more money, or provide a solution to a need. It’s not uncommon for salespeople to go on and on about the features of a vehicle. It has this type engine. It’s safe. It has Bluetooth, etc. They may as well (and some probably are) read the window sticker to the customer. Great salespeople, however, understand that the customer doesn’t necessarily care about the fact that the vehicle has Bluetooth, unless it’s tied back to how it benefits the customer.
Mr. Customer, one of the great features on this vehicle is that it has Bluetooth functionality. This will allow you to connect your cell phone wirelessly and accept or make phone calls without taking your hands off of the steering wheel. Which will make your commute for you and your family safer.
Consumers may watch dozens of video walkarounds in their car-shopping journey. If you’re doing live video walkarounds of your vehicles, consider this: How would you do a walkaround for a customer right in front of you? Why would you do your live video walkaround for your website and VDP’s any differently?
Create more memorable videos that capture a customer’s attention and sell the consumer on why they need the features of each vehicle. I’m not saying that you shouldn’t talk about the vehicle’s features. What I’m saying is that you’ll create more powerful videos if you tell the consumer why those features are important and highlight the impact each feature will have on their lives.
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Flick Fusion Video Marketing
Live Video Walkarounds: Are they Worth the Effort?
While most forms of digital marketing offer some value to dealers, the one constant has – and always will be – the better your inventory merchandising, the higher your sales.
In the digital world, your merchandising takes place on your VDP Pages, making your VDP Pages one of (if not “the”) most valuable pieces of digital real estate that you have today. The goal of the merchandising on your VDP Pages is to get a consumer emotionally attached to the vehicle, to take “mental ownership.” Or, at a minimum, to generate enough interest that the shopper will come to your store and take a test drive. If you can’t obtain one of these goals, then you hope that your presentation of the vehicle at least had a large enough impact on the shopper that they will remember one of your vehicles as they continue their shopping and bounce from site to site.
This is why you invest the time and/or money into your current digital marketing strategy: You have a website that gets good traffic and that has good flow to the Vehicle Details Pages (VDPs); pay 3rd parties for VDPs on their sites; have high quality photos for each vehicle on its VDP; use a good quality vehicle description for each vehicle; and even have all kinds of “conversion widgets” and such on your VDP Pages. You know how important your VDP Pages are. And you currently invest a lot of time and money into your efforts to have the “best” presentation of your vehicles as possible on those VDPs.
Now, up to this point, I haven’t told you anything that you don’t already know. But let’s consider this:
- People retain 20% of what they hear, 30% of what they see, and an amazing 70% of what they see & hear combined. This means that a shopper is at least 40% more likely to form an emotional attachment and remember “your” inventory if they are able to watch videos of the vehicles on your VDPs.
- More than 85% of today’s consumer’s say that they prefer product video over photos and a text based product description. Shoppers are significantly more likely to spend a greater amount of time on your VDPs -- and more likely to return to YOUR website at a future time -- if they know that they can receive their content the in the form in which they desire to receive it…video.
- Live Inventory Videos average 600% more engagement than stitched photo videos. This means that having a stitched photo video is better than not having a video at all; however, you will receive a significant boost in engagement if you are utilizing live inventory videos. This IS the best presentation of your vehicles (merchandising) possible for your VDPs.
The actual process of shooting a live inventory video only takes around 2 to 5 minutes per vehicle. Yes, it may take you a little longer in the beginning, when you first start shooting the videos, and before you are comfortable with the process. But, after you’ve shot a few, you should easily be able to get your process down to the 2 to 5 minute range. The actual process of shooting a live video is hardly an overwhelming investment of time, especially when considering the engagement and conversion benefits.
What DOES take time is everything else. You have to manually upload the video to a “host” (or multiple hosts), rename every file as you upload it, and then manually process the video URL to each location that you would like for the video to play. I’m sure there are plenty of you reading this who remember the days that this same “time consuming” process was at one time true for your photos. Shooting the photos was the easy part, but to get your photos to all of the various digital touch-points, you had to manually rename them and upload them touch-point by touch-point. Instead, many dealerships would either choose to not keep their photos current on the various digital touch-points, to outsource the photo process to a 3rd party, or would hire an in-house staff to do nothing but shoot and upload photos all day. As time progressed, and as dealerships started to realize how important the photos were to the merchandising process, more and more started investing in technology that made the upload and distribution process fast and easy. They still had to have someone shoot their photos, but that’s all they had to do and technology took care of the rest.
The great news is that this same technology now exists for your videos. All someone has to do is shoot the video (2 to 5 minutes) and technology will automatically name, upload, and distribute the videos for you (and often in real-time). In fact, you can even have your photographer shoot the video for you at the same time they are shooting their photos. And if you aren’t comfortable with your photographer talking about the vehicles while shooting the videos, then technology can even automatically add the audio layer to the video as it is being automatically uploaded. And you could even have one of your Sales or BDC Team members (from the comfort of their own office) re-record the audio layer of the video and instantly replace the automated audio layer on all of the digital touch-points (in real-time), if so desired. No more wind or highway noises, no airplanes flying overhead, and no worrying about the weather.
Even greater news is that these same videos can then also be utilized by your sales team and/or BDC team for personalized walkaround videos for lead responses. Instead of the time consuming, over and over process of shooting one video that would be seen by one person, of checking out the keys, finding the vehicle on the lot (in the heat, cold, rain, snow), pulling the vehicle out of the line, shooting the video, parking the vehicle, walking back inside, checking in the keys, uploading the video to a “host”, grabbing the URL and sending the video URL out in an email…the sales or BDC team member can now simply pull up the existing video (being used on the VDPs), re-record a personalized message as the audio, add background music (if desired), click save, and email out…all in less time than it takes to check out the keys and find the vehicle on the lot.
We used to find all kinds of excuses for why we didn’t keep our VDPs (across all of the digital touch-points) updated each day with 25, 35, 55+ photos. Excuses ranged from “it’s too much work” to “it costs too much money (if outsourced).” And I’m sure you can find plenty of new excuses as to why you aren’t shooting live videos for your VDPs and using walkaround videos for your lead responses…but the fact is that “it’s too much work,” is no longer a valid excuse, especially when you consider the impact that it will have on your sales.
6 Comments
Audi Boulder
As I am just getting started opening my Virtual Dealership I'm in desperate need to find the technology easiest technology solution to shoot videos, complete the voice over and upload the finished product to the specific VDP's. Would you please recommend the product or products that I should consider?
Lexus of Edmonton
Robert, We use cDemo and their mobile Inspector app. https://m.youtube.com/user/LexusofEdmonton Pretty sure our channel speaks for itself with over 2 million views in 2 years. Been with them for 2 years. Very extensive merchandising strategy with them we collect all the data, take all of our pictures and video within their app, everything is also uploaded from there so you never have to plug in and upload to your computer etc. Highly recommend.
Flick Fusion Video Marketing
Robert Glandon...cDemo has a great product; however, I believe that if you compare the Flick Fusion video marketing platform side by side you will would be very impressed with both the apple to apple features (as compared to cDemo) that we offer along with the numerous additional features that not only make the overall process easier...but more effective as well.
Audi Boulder
Thank you Aleksandra I will check this out. Timmy I thank you as well.
Flick Fusion Video Marketing
Consumers Like Video So Much They’re Paying More To Watch It
Video, and especially mobile video, is fast becoming the media of choice for consumers of all ages. From the cable-free movie, to online streaming services, to the latest and greatest phone apps storming the scene, we are all consuming data at a record pace. According to a white paper by Cisco, mobile data has increased in size nearly 30 times since the year 2000. And mobile video accounts for 55 percent of all data traffic.
Today, consumers are increasing data plans with their cellular phone companies so as to consume more video – and they’re doing so willingly -- according to a recent article on Mashable. The article reports the massive growth of the mobile live-streaming app, Meerkat. With Twitter entering the live-streaming market Monday via their recent acquisition of Periscope, smartphone users are finding more ways to share video with each other than ever before. In fact, in less than 24 hours, Periscope broke into the top 50 apps on the iTunes app store illustrating the remarkable demand for video content. And, according to the article, “wireless carriers have invested more the $1 trillion in the last few years to build out networks capable of serving massive amounts of data and high speeds.”
And as far as video itself -- Almost every major social media application has integrated video into their platforms. Why? Because that’s what their users want. Videos are given more organic reach on Facebook. Platforms are opening up their APIs to allow for video embedding. User-generated video content is exploding. And consumers have made it very clear that they like video content so much that they are willing to increase their cellular phone budgets so as to consume more of it. If this is the case, then why not market to them in their format of choice?
Back in the day, most people read physical newspapers and watched local television… and that’s where car dealers advertised. For lack of subscribers, newspapers moved online, or went out of business. And then, as streaming video services became a more popular (and less expensive) alternative, people started ditching cable.
None of us knows what the future will bring. Change will come, but we don’t know what or when. All we do know for certain is that right now… video is where consumers have placed their attention. And not just video, but especially in mobile format. If only for that single reason, that’s the content car dealers should be producing. Take a look at your marketing and see how you can improve on your video content. It would also be wise to ensure that your web content and any video is mobile ready, so this new generation of consumers can access and even share your content.
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Flick Fusion Video Marketing
Don’t Let Your “House Of Cards” Get Knocked Down By Your Competition
“We work too hard to come within arm’s reach of the prize only to have our hands cut off just before we seize it. For those of us climbing to the top of the food chain, there is but one rule – hunt or be hunted.” – Frank Underwood, as played by Kevin Spacey in the Netflix television series, House of Cards.
This quote epitomizes the struggle that car dealers face daily – whether they are trying to close a deal, struggling with a vendor or battling their competitors. However, that quote also contains valuable advice. To succeed in this industry – whether you’re a dealer or a vendor – you face daily challenges throughout every aspect of your business. These range from acquiring new business, to providing exceptional customer service, to the day- to-day management of your employees. You must not stall your efforts before you reach your prize, as there is always someone breathing down your neck just waiting to snatch it before you can.
There are a lot of pieces that comprise the puzzle that, when completed, leads to success. Company culture, efficient processes, training, and customer loyalty, are some of the foundations that no business can survive without. Dealers rely on their managers, managers rely on their employees. One weak link can wreak havoc within an organization and result in a lost sale, a lost (valuable) employee, or worse – a lost customer.
If you’ve ever built a house of cards in real life, you know that they take patience, a steady hand, a strategy and that every card is dependent on the other. Just like building a house of cards, all of these things are necessary to succeed. And each level in the house needs to be sturdy and well thought out. For, if they’re not, the house will fail to reach the height it is capable of and will probably come crashing down for you to rebuild.
The first level will always be your staff – from the dealer to the porter. They are the foundation. Each subsequent level comprises of an additional component from administration, service, marketing, technology, and sales. And each of these components brings something to your table to assist you in climbing to the top of the food chain in our industry. It is important to have a strategy, have patience and put any plans in place with a steady hand. Failure in any of these areas could very well prevent your organization from achieving its full potential.
Pay attention to trends. Don’t be afraid to take risks. Watch what your competition is doing, but don’t chase after shiny new objects just because your competition is doing it. Your success isn’t dependent on you doing the same things that your competition is doing, it’s dependent on you going above and beyond your competition, creating an entirely higher standard of expectation for your prospects and your customers. This is the effort required to become the best, and equally required to stay the best, and keep your house of cards from falling down.
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Brandon McNett
Sommer's Automotive
Impressive article, great reminders and a lot of NEW ideas brewing.