Troy Lerdo

Company: Gary Yeomans Ford Lincoln

Troy Lerdo Blog
Total Posts: 2    

Troy Lerdo

Gary Yeomans Ford Lincoln

Dec 12, 2014

Getting Bang For The Buck On Facebook for Free!

1e692ed90387c3821b59c4465fe9b3fa.jpg?t=1
 

Well we all have it, we all post our social events on it, why not make some money from it!  It's probably on a lot of Internet managers minds. How can I sell on FACEBOOK!  Well I have a tid bit for you.  On your Facebook page search Swip-Swap pages for your local community. Some of these Facebook communities have over 20,000 member  in your local area.   We implemented adding fresh trades on our local swip-swap pages and we're getting hits. Keep it simple, 3 or 4 pictures, brief explanation of the vehicle,asking price and ask them to message you for more info... FREE!  You gotta love that!  Simple idea, that may help you sell more cars and you get the credit for the idea...  I don't mind...  

Happy Social Selling.. 

Troy Lerdo

Gary Yeomans Ford Lincoln

Internet Sales Director

3959

12 Comments

Robert Karbaum

Kijiji, an eBay Company

Dec 12, 2014  

No dice here in Canada. Closest community I could find was thousands of miles away. Seems like a bit of a stretch to me.

Troy Lerdo

Gary Yeomans Ford Lincoln

Dec 12, 2014  

what part of Canada you from? if you don't have one in your area, start one.... you will be able to control who's in and who's out.... Easy to do!

Grant Gooley

Remarkable Marketing

Dec 12, 2014  

Great post. Simple & effective! We have a Marketing Coordinator on staff that is part of a "Mom Group" they are so loyal to this FB page. In fact it's a "Closed Group" The moderator scans your profile to ensure you are a fit before being allowed in. So our Coordinator has posted a few deals in the group. Service deals and a few cars that have great deals on. She's only been doing it for a few weeks. Sold a car from it and multiple service appointments. I was very surprised because we have never had success with DIRECT SALES from Facebook unless it was through the exchange network or paid ads...

Lauren Moses

CBG Buick GMC, Inc.

Dec 12, 2014  

Troy, this is something that I have been doing for our dealership for a while now. If your in the states (which I'm assuming your in florida by your picture) Look up Facebook Vehicles for Sale. A local salesman at another dealership started it a few months back. We are up to over 10,000 members. Robert, Start a group. It doesn't have to be that time consuming especially if you have a few people you can trust to be admins and help keep it clean. Just create the group, invite your friends to join, find salesmen from your stores, etc. Before you know it you'll have tons of people in the group. Grant is right too about the other groups. I am in a mom group and posted about our 13 Yukon XL we need sold asap and got quite a few hits on it. Something that has worked well for us too is selecting certain vehicles and getting set payments to run "payment ads". I just make up a quick Canva picture with the vehicle picture, monthly payment, and what it is. Post it with "message me for details" and you would be surprised the hits we get from those. When you post "2014 Buick Verano $17,000" People freak. But when you put "2014 Buick Verano $245 a month" they think, "Oh I can afford that!" and make contact.

Ali Jeep Girl

Chapman Chrysler Jeep of Henderson

Dec 12, 2014  

Sweet! I will have to look this up for Vegas......anyone from NV know of any other groups on Facebook??

Lauren Moses

CBG Buick GMC, Inc.

Dec 12, 2014  

Ali, Join the Facebook Vehicles for sale. Anyone can join no matter where you are located. You can add people from your area and help us grow it. If you can't find it let me know and I'll look you up and add you.

Shelby Downing

Brandon Steven Motors

Dec 12, 2014  

Lauren - I was trying to join this group but it is saying its a closed group. Could you invite me? Am on on the right one? https://www.facebook.com/groups/carstrucksforsale/?fref=ts Thank you!

Troy Lerdo

Gary Yeomans Ford Lincoln

Dec 12, 2014  

Folks.. its best to advertised vehicle for sale within your communities. This is your audience. If you advertise on these other sites, you will not be targeting your area but nationally and that being said, you will only be advertising to a group of 12,000 people nationally. If there are no local groups in your area, create one for your area.... KEEP IT SIMPLE AND LOCAL!

Lauren Moses

CBG Buick GMC, Inc.

Dec 12, 2014  

Shelby, That should be it. Troy, Totally get what your saying about staying local but doesn't every little bit help? Not to mention the more people that join from other areas the more it grows and increases the reach. Yes, if there isn't a local group in your area, by all means...Start one.

Troy Lerdo

Gary Yeomans Ford Lincoln

Dec 12, 2014  

Lauren, do what you see is fit for your store... The blog says "Getting Bang for the Buck on Facebook For Free" and right now there are thousands of groups asking to post cars to their site to sell which means you can waste lots of time listing on those. Keep in mind to, the members are most likely car dealers..

Lauren Moses

CBG Buick GMC, Inc.

Dec 12, 2014  

Troy. Agreed. Not trying to offend or go against what your saying. Just offering up some groups that I'm in and that have worked for us. The ones that I am in do have dealers but also have lots of individuals selling or looking to purchase vehicles. I have gotten several good leads on people wanting to get rid of their vehicles or that are looking for something specific. No harm in trying.

Troy Lerdo

Gary Yeomans Ford Lincoln

Dec 12, 2014  

No offense taken Lauren... I just forgot to add the lol at the end of my last post... keep selling...:)

Troy Lerdo

Gary Yeomans Ford Lincoln

Dec 12, 2014

Getting Bang For The Buck On Facebook for Free!

1e692ed90387c3821b59c4465fe9b3fa.jpg?t=1
 

Well we all have it, we all post our social events on it, why not make some money from it!  It's probably on a lot of Internet managers minds. How can I sell on FACEBOOK!  Well I have a tid bit for you.  On your Facebook page search Swip-Swap pages for your local community. Some of these Facebook communities have over 20,000 member  in your local area.   We implemented adding fresh trades on our local swip-swap pages and we're getting hits. Keep it simple, 3 or 4 pictures, brief explanation of the vehicle,asking price and ask them to message you for more info... FREE!  You gotta love that!  Simple idea, that may help you sell more cars and you get the credit for the idea...  I don't mind...  

Happy Social Selling.. 

Troy Lerdo

Gary Yeomans Ford Lincoln

Internet Sales Director

3959

12 Comments

Robert Karbaum

Kijiji, an eBay Company

Dec 12, 2014  

No dice here in Canada. Closest community I could find was thousands of miles away. Seems like a bit of a stretch to me.

Troy Lerdo

Gary Yeomans Ford Lincoln

Dec 12, 2014  

what part of Canada you from? if you don't have one in your area, start one.... you will be able to control who's in and who's out.... Easy to do!

Grant Gooley

Remarkable Marketing

Dec 12, 2014  

Great post. Simple & effective! We have a Marketing Coordinator on staff that is part of a "Mom Group" they are so loyal to this FB page. In fact it's a "Closed Group" The moderator scans your profile to ensure you are a fit before being allowed in. So our Coordinator has posted a few deals in the group. Service deals and a few cars that have great deals on. She's only been doing it for a few weeks. Sold a car from it and multiple service appointments. I was very surprised because we have never had success with DIRECT SALES from Facebook unless it was through the exchange network or paid ads...

Lauren Moses

CBG Buick GMC, Inc.

Dec 12, 2014  

Troy, this is something that I have been doing for our dealership for a while now. If your in the states (which I'm assuming your in florida by your picture) Look up Facebook Vehicles for Sale. A local salesman at another dealership started it a few months back. We are up to over 10,000 members. Robert, Start a group. It doesn't have to be that time consuming especially if you have a few people you can trust to be admins and help keep it clean. Just create the group, invite your friends to join, find salesmen from your stores, etc. Before you know it you'll have tons of people in the group. Grant is right too about the other groups. I am in a mom group and posted about our 13 Yukon XL we need sold asap and got quite a few hits on it. Something that has worked well for us too is selecting certain vehicles and getting set payments to run "payment ads". I just make up a quick Canva picture with the vehicle picture, monthly payment, and what it is. Post it with "message me for details" and you would be surprised the hits we get from those. When you post "2014 Buick Verano $17,000" People freak. But when you put "2014 Buick Verano $245 a month" they think, "Oh I can afford that!" and make contact.

Ali Jeep Girl

Chapman Chrysler Jeep of Henderson

Dec 12, 2014  

Sweet! I will have to look this up for Vegas......anyone from NV know of any other groups on Facebook??

Lauren Moses

CBG Buick GMC, Inc.

Dec 12, 2014  

Ali, Join the Facebook Vehicles for sale. Anyone can join no matter where you are located. You can add people from your area and help us grow it. If you can't find it let me know and I'll look you up and add you.

Shelby Downing

Brandon Steven Motors

Dec 12, 2014  

Lauren - I was trying to join this group but it is saying its a closed group. Could you invite me? Am on on the right one? https://www.facebook.com/groups/carstrucksforsale/?fref=ts Thank you!

Troy Lerdo

Gary Yeomans Ford Lincoln

Dec 12, 2014  

Folks.. its best to advertised vehicle for sale within your communities. This is your audience. If you advertise on these other sites, you will not be targeting your area but nationally and that being said, you will only be advertising to a group of 12,000 people nationally. If there are no local groups in your area, create one for your area.... KEEP IT SIMPLE AND LOCAL!

Lauren Moses

CBG Buick GMC, Inc.

Dec 12, 2014  

Shelby, That should be it. Troy, Totally get what your saying about staying local but doesn't every little bit help? Not to mention the more people that join from other areas the more it grows and increases the reach. Yes, if there isn't a local group in your area, by all means...Start one.

Troy Lerdo

Gary Yeomans Ford Lincoln

Dec 12, 2014  

Lauren, do what you see is fit for your store... The blog says "Getting Bang for the Buck on Facebook For Free" and right now there are thousands of groups asking to post cars to their site to sell which means you can waste lots of time listing on those. Keep in mind to, the members are most likely car dealers..

Lauren Moses

CBG Buick GMC, Inc.

Dec 12, 2014  

Troy. Agreed. Not trying to offend or go against what your saying. Just offering up some groups that I'm in and that have worked for us. The ones that I am in do have dealers but also have lots of individuals selling or looking to purchase vehicles. I have gotten several good leads on people wanting to get rid of their vehicles or that are looking for something specific. No harm in trying.

Troy Lerdo

Gary Yeomans Ford Lincoln

Dec 12, 2014  

No offense taken Lauren... I just forgot to add the lol at the end of my last post... keep selling...:)

Troy Lerdo

Gary Yeomans Ford Lincoln

Mar 3, 2014

The Green Pea Phenomenon

66211ecb7c3ffed3db3c5a08a0c25f53.jpg?t=1I had someone share this with me and I found it to be entertaining and at the same time good reads.  Enjoy and Share!

The Green Pea Phenomenon: Making the Customer Like You

July 2007, Auto Dealer Monthly - WebXclusive

by Erika Cooper

I entered the car business in 1995. That’s when the old body style 300Zs, the new body style two-door Ford Escorts and Convertible Geo Trackers were hot at the pre-owned lot I worked in Virginia Beach, Va. In those days beepers were the “in” thing, cell phones were as big as briefcases, customers didn’t care about M.P.G. because a gallon of premium gas was only $1.20, vehicles had tape players instead of MP3 players and customers would call AAA for directions instead of asking if a vehicle had navigation.

 

The first day I walked into the dealership to sell cars, my trainer said one thing that forever stuck with me,

“Make them love you, make them love the car and the rest is easy.”

 

You have to keep it simple. Today, I believe sales reps over-complicate deals, which result in NO SALES. I recently went vehicle shopping with a friend for a new Tahoe, and I couldn’t keep from making mental notes of all the mistakes the salesmen made. They were over-complicating the deal by talking about interest rates and payments before my friend even sat in the vehicle. After about an hour of butchering the sales process, my friend decided not to buy there. ”Make them love you, make them like the car and the rest is easy.” That philosophy has served me well over the years, and it’s the same thing I’ve taught others. My first month, I sold 14 cars. Earning $4,200 from 14 sales in one month wasn’t bad for a 19-year-old former daytime telemarketer and Wendy’s employee by night.

 

The success of green peas never ceases to surprise me. It’s amazing that the less you know the better you do in auto sales. Everyone has seen a green pea come in and wipe up the floor with a seasoned vet. Why? You do not have to know anything about cars to sell them. You just have to make customers like you and the car, and the rest is easy. They work strictly off what they know. Green peas do know they can sell one car and earn more than they did working one week at their previous job. They don’t know how much a customer’s payment will be and won’t approximate interest rates. They simply tell the customer that the finance manager will go over that information.

 

They don’t cherry pick. The green peas aren’t the ones sitting on the bench behind a cigarette and a cup of coffee. They see an up and are on it without pre-qualifying. They don’t know about prime or sub-prime and front or back ends, and they treat all prospects the same. They make the customer like them; then they make the customer like the car.

 

In my second month selling cars, I got more involved in the sale. We were taught to “beat ‘em up.” Now remember I was at a pre-owned lot. I’d slowly walk into my office, sit down, let out a sigh and read over each line of the bureau. I wasn’t necessarily reading every line, but the customer didn’t know that. The key was to avoid looking at the customer while reviewing the bureau and make a few facial expressions. I was taught to do this with every customer—regardless of credit score. Then, I’d question the customer about every derogatory piece of information, even if it was a $10 charge off or something banks wouldn’t care about. If the person had no derogatory credit, I’d tell them they had too much credit and “I’ll see what we can do.” Thankfully, “Beat ‘em up” has evolved into consultation and is done with much more tact and finesse.

 

Every car sale will not happen the same way, but there are exact steps a sales person should use to close a deal. All salespeople have different styles, attitudes and methods of handling your customers. You have Johnny Hyper, Scottie Laid-Back, Bob Comedian and Tim No-Personality. If you pair one of these guys up with the wrong customer, disaster may strike. If all these different salespeople followed the same steps, confusion could be cut down and they all would have the same ability to control the sale.

 

Here are the steps:

 1. Meet and Greet

 2. Consultation

 3. Presentation/Walk Around

 4. Demonstration

 5. Trial Close

 6. Negotiate/Write Up

 7. Shop Walk

 8. T.O. to F&I

 9. Delivery

 10. Follow-up

 

These steps aren’t only good for the green peas. They’re also good for Michael Top-Gun who normally does 25+ units a month and has hit a slump. Even the best sales folks hit slumps. There were many times I hit a slump and had to revert back to “Make them like you and make them like the car…” and the 10 steps to a sale.

 

Since you are spending gazillions on a DMS, CRM, leads, web sites, advertising, etc., why not make sure your sales team is closing sales correctly? What good is bringing prospects in, if they aren’t being handled correctly once they’re on the lot? While advertising is important, a well-trained sales staff is equally important. Take your time, and train your team correctly.

 

 

Troy Lerdo

Gary Yeomans Ford Lincoln

Internet Sales Director

1795

No Comments

Troy Lerdo

Gary Yeomans Ford Lincoln

Mar 3, 2014

The Green Pea Phenomenon

66211ecb7c3ffed3db3c5a08a0c25f53.jpg?t=1I had someone share this with me and I found it to be entertaining and at the same time good reads.  Enjoy and Share!

The Green Pea Phenomenon: Making the Customer Like You

July 2007, Auto Dealer Monthly - WebXclusive

by Erika Cooper

I entered the car business in 1995. That’s when the old body style 300Zs, the new body style two-door Ford Escorts and Convertible Geo Trackers were hot at the pre-owned lot I worked in Virginia Beach, Va. In those days beepers were the “in” thing, cell phones were as big as briefcases, customers didn’t care about M.P.G. because a gallon of premium gas was only $1.20, vehicles had tape players instead of MP3 players and customers would call AAA for directions instead of asking if a vehicle had navigation.

 

The first day I walked into the dealership to sell cars, my trainer said one thing that forever stuck with me,

“Make them love you, make them love the car and the rest is easy.”

 

You have to keep it simple. Today, I believe sales reps over-complicate deals, which result in NO SALES. I recently went vehicle shopping with a friend for a new Tahoe, and I couldn’t keep from making mental notes of all the mistakes the salesmen made. They were over-complicating the deal by talking about interest rates and payments before my friend even sat in the vehicle. After about an hour of butchering the sales process, my friend decided not to buy there. ”Make them love you, make them like the car and the rest is easy.” That philosophy has served me well over the years, and it’s the same thing I’ve taught others. My first month, I sold 14 cars. Earning $4,200 from 14 sales in one month wasn’t bad for a 19-year-old former daytime telemarketer and Wendy’s employee by night.

 

The success of green peas never ceases to surprise me. It’s amazing that the less you know the better you do in auto sales. Everyone has seen a green pea come in and wipe up the floor with a seasoned vet. Why? You do not have to know anything about cars to sell them. You just have to make customers like you and the car, and the rest is easy. They work strictly off what they know. Green peas do know they can sell one car and earn more than they did working one week at their previous job. They don’t know how much a customer’s payment will be and won’t approximate interest rates. They simply tell the customer that the finance manager will go over that information.

 

They don’t cherry pick. The green peas aren’t the ones sitting on the bench behind a cigarette and a cup of coffee. They see an up and are on it without pre-qualifying. They don’t know about prime or sub-prime and front or back ends, and they treat all prospects the same. They make the customer like them; then they make the customer like the car.

 

In my second month selling cars, I got more involved in the sale. We were taught to “beat ‘em up.” Now remember I was at a pre-owned lot. I’d slowly walk into my office, sit down, let out a sigh and read over each line of the bureau. I wasn’t necessarily reading every line, but the customer didn’t know that. The key was to avoid looking at the customer while reviewing the bureau and make a few facial expressions. I was taught to do this with every customer—regardless of credit score. Then, I’d question the customer about every derogatory piece of information, even if it was a $10 charge off or something banks wouldn’t care about. If the person had no derogatory credit, I’d tell them they had too much credit and “I’ll see what we can do.” Thankfully, “Beat ‘em up” has evolved into consultation and is done with much more tact and finesse.

 

Every car sale will not happen the same way, but there are exact steps a sales person should use to close a deal. All salespeople have different styles, attitudes and methods of handling your customers. You have Johnny Hyper, Scottie Laid-Back, Bob Comedian and Tim No-Personality. If you pair one of these guys up with the wrong customer, disaster may strike. If all these different salespeople followed the same steps, confusion could be cut down and they all would have the same ability to control the sale.

 

Here are the steps:

 1. Meet and Greet

 2. Consultation

 3. Presentation/Walk Around

 4. Demonstration

 5. Trial Close

 6. Negotiate/Write Up

 7. Shop Walk

 8. T.O. to F&I

 9. Delivery

 10. Follow-up

 

These steps aren’t only good for the green peas. They’re also good for Michael Top-Gun who normally does 25+ units a month and has hit a slump. Even the best sales folks hit slumps. There were many times I hit a slump and had to revert back to “Make them like you and make them like the car…” and the 10 steps to a sale.

 

Since you are spending gazillions on a DMS, CRM, leads, web sites, advertising, etc., why not make sure your sales team is closing sales correctly? What good is bringing prospects in, if they aren’t being handled correctly once they’re on the lot? While advertising is important, a well-trained sales staff is equally important. Take your time, and train your team correctly.

 

 

Troy Lerdo

Gary Yeomans Ford Lincoln

Internet Sales Director

1795

No Comments

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