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Is your Bank getting robbed??
By William Phillips, Automotive Internet Management Inc.
Why is it dealers allow their Internet sales department to disregard valuable leads?
Ask yourself: Do you know what the process is in your Internet department for each lead that comes in? Is each and every lead being handled in a proper and timely manner?
Internet departments benefit when Internet leads are treated by employees like a mini-dealership lot itself and manage this aspect of the business as if the lead where an actual customer walking onto the lot. Think about this: Eighty percent of all consumers refer to the Internet before coming onto an actual dealer’s lot. Therefore, it is crucial that dealers are able to handle these leads with efficiency. Internet customers are simply customers coming to you electronically.
The fact is that many dealerships are unaware of the disorganization and inefficiency found internally in most Internet departments. Without proper supervision and training, Internet leads are similar to a UP aimlessly wandering the lot with no help. The basic sales process and management techniques apply to the Internet department as well.
Without constant oversight, dealerships are being robbed of potential profits. Just like a bank, the tellers must be supervised to monitor potential problems, such as cash exchange problems, employee theft, and even worse- a robbery.
Would you paint the sales desk window and outside windows of your dealership black? Sales managers would not be able to monitor the sales activity on the floor, and sales would be lost. You may be doing the same with your Internet department. What dealers need is an Accountability Monitoring Service (no cameras) that is proven to dramatically increase sales and thus profits. Because if their current staff was capable of doing this, wouldn’t they be doing it already?
Today, Internet leads are the most cost effective way of bringing people to the showroom floor. Newspaper Ads and other forms of advertising are expensive and just aren’t working like they used to. Because of that they cannot net you the same returns they used to. The way your sales staff manages leads indicates the success of gaining consumer profits. Many sales managers think that buying more or different leads is the cure. Unfortunately, this method tends to be more damaging.
The key to success is Process, Sales Training, and Accountability.
Times change, and lucky for us, the Internet has created a new and exciting way to bring customers to your showroom floor from miles around. Dealerships that don’t make the Internet a substantial part of their bottom line are being left behind.
Don’t get robbed! Put money in the bank!
I wish you a prosperous 2009.
Automotive Internet Management, Inc.
For a free evaluation please e-mail me at: firstname.lastname@example.org
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