How have your dealership’s sales been this year? If you said “better than expected”, you’re in the same boat as many dealerships in the country.
Industry experts predict that U.S. auto sales per dealership may climb to a record in 2012. Annual sales per dealer will increase to an estimated 805 vehicles from a previous estimate of 785, with an annual sales estimate of 14.3 million vehicles. The previous record was 784 per dealer in 2005.
What is the reason behind the numbers? One is that automakers have kept their networks relatively flat, meaning that existing dealerships have the opportunity to take advantage of increased sales volumes. Dealers are making a profit for the first time in more than three years without having to rely on their service departments to do so.
Another element that’s fueling sales is an increase in pickup truck sales. Experts believe that people who are buying trucks need them, and have put off buying them for a long time.
NADA points to new-vehicle incentives and rebates as well as declining prices on used vehicles as a couple factors that will contribute to this increase as the summer comes to an end. Reports show that August sales thus far matched July’s pace and could go even higher.
To make sure that your dealership is cashing in on the uptick in sales as much as your competition probably is, use your advertising to push not only manufacturer incentives, but also your used car inventory.
Having trouble getting your message out there? Contact us – we know exactly how to get the numbers you’re looking for!
By: Hayley Berger
When we think of intros we usually think of the song a baseball player walks out to, or a little :10 second clip before a TV show starts, but what about for car dealerships? What can an intro do for your dealership?
People buy cars from friends, not dealerships
You’ve heard this saying before, but think about it. Would you be more comfortable buying an ipod from your friend that works at The Apple Store, or through an online electronics store? Regardless of price, people like buying from someone they can trust. The product is the same, but we want to feel like we are getting taken care of, cared for, and of course “hooked up” with a deal. With any big investment, we want to feel like we’re getting a good deal, and that any future problems will be addressed. So why should our advertising be any different?
Center your advertising around “who” a customer is buying a car from, not about the product. They know your dealership, they know the cars. A car is a need. What a customer wants to know is who they are buying from. Rather than portraying your dealership as a big scary dealership that has no face, personalize your advertisements. All your advertisements, from TV commercials to print ads to internet ads should feature people – your sales staff or General Manager, for example. Have your BDC department send personalized emails with videos talking about why customers should schedule a test drive with them.
Don’t let technology fool you
In this day and age, most people find it much more convenience to send an email or text message rather than pick up the phone and dial. But when it comes to making a decision about buying a car, something that the average consumer researches more than a home loan, face time is essential. It’s crucial to realize how putting your face on digital and traditional advertising brands your dealership and can earn someone’s trust. Make the customer feel like a friend, show them your goofy side, your excitement to give them what they want and make them feel like they know you. It’s amazing to see the difference when someone walks in a dealership and feels like they know they guy in charge. Price no longer matters, they trust you and want to buy from you not another company.
Potratz is a pioneer in advertising strategy and has created countless success stories by personalizing our client’s ad campaigns. Need help with your strategy? Give us a call!
“Branding” is a term heard all over the advertising industry, but what does it mean? Simply put, it’s the way you want others to view your dealership. It’s providing potential customers with the understanding of what you represent. Branding is important because it’s an opportunity to provide an image of your dealership; it’s what can help make you recognizable.
This sounds simple enough right? Not exactly. It’s not just enough to come up with an idea of what your brand means, it’s developing a complete campaign that resonates this brand image to viewers throughout everything you do. You must ensure that the image you provide remains a constant through all forms of media – traditional, digital, social, and so on.
Websites, especially social media sites, provide a great opportunity to tell your customers who you are. Provide these details in web panels, status updates, tweets, blogs, etc, keeping in mind that each of these elements should reflect your dealership’s “personality”. You might think that this is distracting from your efforts to sell cars, but in fact this a tried and true way to increase sales. It’s important to showcase more than just current vehicle specials. Show visitors how you helped the local school raise money in a food drive, or how you volunteered at the local humane society. This helps make you more than just another dealership to potential customers, and therefore makes you have a deeming quality that makes you more memorable. Why would you want to be memorable? I think the answer is obvious, don’t you? If you’re memorable, when someone thinks ‘I need to buy a new car’, they’ll think of your dealership, and possibly buy their next vehicle from you. If you don’t stand out, they might not remember you and might not go to your dealership for their next car.
Are you ready to stand out in your local community as more than just a dealership? Contact us now, to get the ball rolling on branding your dealership!
By: Yasmine Syed
Information and communication technology users are as diverse as the range of technology available today. The Pew Research Center’s “Internet & American Life Project” divides technology users into two core groups: “Motivated by Mobility” and “Stationary Media Majority”.
The “Motivated by Mobility” group comprises 39% of the adult population. Their frequency of online use is growing as their reliance on mobile devices continues to increase. This group is made up of individuals who hold positive and improving attitudes towards mobile access and how it facilitates their availability to others. The “Stationary Media Majority” group is comprised of the remaining 61% of the adult population. These individuals are not enamored by the “always-connected” lifestyle. They are characterized by low-level usage of mobile apps and experience difficulty acclimating to new gadgetry.
Hallmarks of the “Motivated by Mobility” group are varied and are broken down into five sub-categories including: Digital Collaborators (8%), Ambivalent Networkers (7%), Media Movers (7%), Roving Nodes (9%) and Mobile Newbies (8%). Digital Collaborators are mostly male, in their late-thirties, affluent and educated. They enthusiastically use their tech assets to share and connect with others. Ambivalent Networkers are primarily male, in their late twenties, and are ethnically diverse. They use their tech assets to text, participate in social networking and for entertainment. At the same time, they fear that their devices may become increasingly intrusive and feel that it is necessary to take periodic breaks from online use and digital consumption.
Media Movers are mostly male, in their mid-thirties, have children and are middle class. Their online and media habits are varied and they share digital content (i.e. photos). Roving Nodes are the female counterpart to Digital Collaborators; they are mostly women, in their late-thirties, affluent and educated. They use their mobile devices to manage their social and work lives, they use a wide-range of mobile apps, send email, send texts, and use their mobile devices to enhance personal productivity. Mobile Newbies are mainly women in their late forties and early fifties who have lower education and income levels than Roving Nodes. They don’t have very many tech assets and cite that their most used asset is their mobile phone because it helps makes them more available.
The “Stationary Media Majority” group can also be broken down into five sub-categories including: Desktop Veterans (13%), Drifting Surfers (14%), Information Encumbered (10%), The Tech Indifferent (10%) and Off the Network (14%). Desktop Veterans are mainly men, in their mid-forties, affluent and educated. Because this groups skews older, they are content to use their desktop computers and high-speed wired connection to explore the web, connect with friends and family via social media, while allowing their mobile phones to take a backseat. Drifting Surfers are primarily women, in their early-forties, middle class and have average education levels. They have desktop computers and mobile phones but are infrequent online users. They use technology as a basic information-gathering tool and could forgo using the Internet entirely if given the option.
Information Encumbered individuals are two-thirds male, in their early fifties, have an average education and are middle-lower income level. Most individuals in this group feel that they experience information overload on a daily basis and although, they have cell phones, feel that technology is becoming increasingly intrusive. They are largely indifferent to technology and could easily dispense with it altogether. Off the Network individuals are, largely, low-income senior women and are predominately African American. Members of this group have neither cells phones, nor computers or internet access.
The project findings imply that many Americans are deepening their relationship with and dependence on digital resources and tech assets, while others stay stagnant in their consumption of digital resources and tech assets. Both of these groups will undoubtedly ask themselves and others, ‘How did I ever live without a cell phone?” A small percentage of Americans are content to keep technology on the periphery of their lives. They stand in stark contrast to the ever-increasing “Motivated by Mobility” group, whose demand for more and more online content is palpable.
What does this mean for your dealership? In terms of marketing, it means that it’s still important to maintain traditional avenues of publicity, such as radio and television commercials and newspaper ads. These are necessary to reach the portion of Americans who shun technology or still use traditional media to gather information. However, the growing number of people who seek information digitally means that a failure to provide online content is more costly than in the past. Soon, a lack of digital presence could spell disaster for your dealership.
By: Felicia Mahabeer
Social media opportunities are everywhere these days, and they continue to soar in popularity. One social media trend that can benefit your dealership is location-based applications.
For anyone not familiar, location–based applications allow users to find and “check-in” at various spots and share that information with those in their network. For example, you could check in at a restaurant on Facebook. The people in your Facebook network could then see that you are there and “like” or “comment” on your activity. You could also include what you’re doing as part of your “check-in” (Dinner with family, for example) or post your opinion of the restaurant, i.e, “Appetizers were great”. In the case of your dealership, a user could check in when they are there shopping for a new vehicle, getting service, or ordering parts. Everyone in their network will see your dealership, and your customer could express how great their experience was for their entire network to see. When it comes to sharing your location information, there are many platforms equipped with built-in location features such as Facebook, Twitter and Foursquare.
Make sure your dealership is a part of the action by making it possible for customers to check in on their mobile devices from your location. For Facebook, that simply means claiming your Place page and others that users may have created.
You will also want to optimize your website to be easily explored on a mobile device, since that’s the tool visitors will be using for location-based social media interaction. The ease of navigating your mobile website can help to enhance the experience and boost participation rates. Another way to increase your interaction is to remind visitors to your dealership that they can check-in using strategically placed signs in and around your dealership. Create special offers to encourage your visitors to check-in at your dealership. For example, you can offer 10% off a service or a free car wash to anyone that checks in at your location. Special offers don’t necessarily have to be costly to work in your favor. It could be as minimal as offering a free key chain, baseball cap, or even a jelly doughnut. Research shows that the feeling of getting special treatment is more valuable to a customer than the actual worth of the freebie or experience. However, you can go with a bigger and more creative offer when trying to promote other areas such as your Service, Parts, and Collision departments or a big sales event.
The overall goal is to bring attention to your dealership. This can consist of feedback or comments about your business on your page, or extending your reach and brand awareness using your customers. To do this, you simply need to give your customers the tools they need to make their friends, family and other connections aware of your dealership. This allows you reach an “untapped” market of potential customers for virtually no cost by transferring a significant portion of your marketing burden directly to your customers. Is your dealership using location- based social media? If not call us here at Potratz, we can get you started in the right direction.
By: Nick Yocono
You may have heard that you can’t have your cake and eat it, too. But that may not be true, at least when it comes to your new car’s engine.
With gas prices continuing to rise, manufacturers have shifted away from the big engines in favor of smaller engines that produce improved mileage. At the same time, consumers don’t want to lose the power they were accustomed to getting from previous models. So, how do manufacturers give consumers the best of both worlds?
Ford has responded to this new demand with “Ecoboost”. These new engines boast the same specs in horsepower and torque as their bigger displacement opponents, but with much improved mileage and emissions. Ford is not the only one doing this either, other companies have also started utilizing this engine setup, under different names, for their new models. So what is the secret?
The answer is quite simple: turbochargers. A Turbocharger uses exhaust gasses to spin its turbine and suck more air into the engine. That, along with more fuel, will create bigger explosions in the cylinder and therefore more power will be generated. A Ford F-150 equipped with an “Ecoboost” engine has a twin-turbocharged V6 instead of the traditional V8. What the turbocharger allows the engine to do is act like a V6 and get mileage similar to one while driving around. Most of the time you don’t need full power from the engine, such as when you’re maintaining your speed or during deceleration. When you actually do need some power, the turbocharger can spool up and provide that extra boost in power to make the engine perform similarly to a V8. This equates to a engine that will get better mileage and perform the same as a bigger, naturally aspirated, competitor.
Engines similar to Ford’s “Ecoboost” are being used in various new cars. Dodge recently released its new Dart, which on certain models, comes equipped with a 1.4L MultiAir Turbo engine option. The Chevrolet Cruze is equipped with a 1.4L Turbo “Ecotec” engine option. Even luxury manufacturer BMW has switched out the inline six in their 3 series base models for 2.0L Turbo engines. These cars all boast similar performance with much improved mileage to their predecessors.
Fuel mileage is the name of the game when it comes to selling cars in today’s market. Each year more and more small engine turbos show up on the market. If you’re in the market for a new vehicle that gets better mileage than the one you drive now, be on the lookout for setups like these.
The secret to using Facebook to successfully promote your business is simple. Get your fans involved! One easy way to engage your followers is to run a contest. Experts agree contests are one of the best ways to increase fan engagement. The logic behind it is simple; people love free stuff.
There are many types of contests you can run on your Facebook page. One successful type of engagement practice is weekly trivia. Pose a question to your followers. It doesn’t even have to be car related. It’s actually important to occasionally provide content that doesn’t focus on cars so that your followers see you as more than just a dealership. Variety provides personality. The person with the correct answer to your questions receives a prize. As a dealership you can offer various types of redeemable gifts to potential winners, ranging from service offers to brand related merchandise. The benefit of weekly trivia is that your page becomes exposed to more people than just those who currently like your page. Friends of fans are able to see when one of your fans posts on your trivia question. This is true for most posts on your page. With trivia, however, the likelihood of receiving a response is greater.
Another way to increase engagement on your page is by running a promotion or sweepstakes. It is recommended that you provide a larger prize to fans in these promotions because it requires more for them to participate.
There are two different ways you can create a promotion:
- The person entering does simply fills out a short information form to enter and has a chance to win.
- The person entering has to provide some form of additional information in order to enter. There are many different avenues you can take for these promotions. Examples include caption this photo, the photo with the most amount of likes win, and more. Before launching the competition, you’ll need to decide which promotion you’ll run, and then develop a strategy as to how it will work. Next, create a Facebook app for your promotion and launch!
The benefit with the promotion is that not only can it help increase engagement on your page; it can also increase your likes (depending if you set the application up right or not). In a correctly designed app, a person must “Like” your page to be eligible to win.
Facebook engagement is important because social media is important. It’s a huge part of an individual’s life and it is a main avenue to reach potential customers. Additionally, people who win something from a dealership are much more likely to visit them the next time they need their vehicle serviced or are in the market for a new one. Not sure how to increase your Facebook engagement? Contact us now because, we CAN help!
I don’t know if you’ve noticed, but Honda has recently adopted a new advertising tactic. Well-known and well-liked music has taken a front sesat in their commercials. This makes them memorable and effectively grasps the attention of potential consumers. According to Honda, the reason behind this is to ‘conjure up the rush consumers experience when they first drive off the lot in a new vehicle’.
It seems to me that Honda is on to something. Music is a great advertising technique for any business, but it’s particularly practical for car dealerships. Of course, the songs being used in Honda commercials come at a high price,, but there are still opportunities for dealerships to include catchy theme music to help draw a consumer in.
Why is music a sensible element in a car commercial? Think about it this way: what is one of the first things you do upon entering your car? You turn on the radio. In my opinion, cars and music go hand and hand. Personally, I don’t drive anywhere without my music on. So why not take advantage of putting a catchy musical undertone to your commercials? As Honda says, driving and music go hand in hand, and having music in your commercial can help the audience relate to the car driving experience more realistically. Contact us now to see how we can help you make your commercials more memorable, and invoke that ‘rush’ for your potential consumer.
By: Jenn Mayer
I have to admit I am late to the foursquare game. Although the app was first launched in 2009, I have only recently joined. After moving away from my hometown earlier this year, I was forced to learn the ins and outs of a new state, new city, and a new neighborhood. foursquare became my ultimate tool for discovery.
foursquare (that’s right, it is not capitalized) is a free app that allows you to share with your friends where you are, tips about your favorite places, and helps you discover new places in your area. foursquare gives you personalized recommendations and deals based on where you, your friends, and people with your same taste have been. The app has also recently undergone a makeover, giving it a simpler look and making it more user-friendly.
foursquare allowed me to discover coffee shops, restaurants, nail salons, and more. If it was lunchtime and I was hungry, I would simply type in “lunch”, and foursquare would search the tips and check-ins that had been logged around my current location to suggest places I should try for lunch. This is different, and possibly more effective then using Google, because foursquare was able to more accurately search around where I was, and also took into account how popular the places around me were. Now, I am addicted to checking into my location on foursquare. Not only do I get points, badges and mayorships that encourage me to keep using the app, my past check-ins help to shape my recommendations.
So, how can your dealership use foursquare to enhance business and marketing? First, you must encourage people to check-in when they visit your dealership. One way to do that is to offer a deal. Many businesses offer discounts to patrons who check in at their location. You could offer a free oil change, or even a discount for someone who checks in and signs a purchase agreement on a new vehicle that same day. People will be encouraged to check in and thus make your dealership a more popular place in the area.
You can also encourage employees and customers to leave a tip, or some advice, about your dealership. For example, you can post any specials you have going on, whether you offer free refreshments in your waiting area, or even the best sales people to work with. When people search for your dealership using the app, they’ll see the great things about shopping there and will be more likely to stop in.
As with all advertising and social media campaigns, foursquare must be interacted with regularly. If no one has checked in recently, or if the last tip is from six months ago, the value is lost. Encourage your employees and customers to download and use foursquare and watch its positive effect on business! Take it from me; I’m the mayor of Potratz on foursquare!
By: Kimberly Roselle
Simple fact: I take care of my cars. In the 17 years I have been driving, I have only had three cars. I am currently driving a 2005 Chevy Cobalt. I bought the first run of this car during Employee Pricing. Despite some issues with the fit and finish I have no serious complaints. But now after seven years and 120 thousand plus miles there are some issues. I can no longer ignore the fact that it’s time for a new car, and therefore the hunt has begun.
This weekend I test-drove three cars: The Chevrolet Cruze, The Ford Focus, and The Honda Civic. My experience at each dealership was as varied as the cars.
Lets start with Chevy Cruze. My husband and I drove onto the lot and quickly found the Cruze. We walked through and peeked in at a few. Then the salesman arrived. I will call him Junior Joe. He was full of energy and knowledge and was very excited; he actually reminded me of a puppy. I went for a test drive and I was honest that I was not looking to buy today. Today was all about test drives and gathering info. Junior Joe never pushed me, and before I left he gave me a brochure and his business card.
At the next dealership, we drove around and did not see a single Focus, so we decided to walk around and look at Fusions. While we were perusing, no one came over, so we walked next door to the Honda dealership. We barely stopped at the Civic when salesman Safari Sam approached. He was not overly knowledgeable about the car and barely knew any incentives. Before I left Safari Sam gave me a brochure and his business card.
While at the final dealership of the day, we found one Focus. We hadn’t even gotten out of the car when the salesman came over. I’ll call him Mafia Max. He kept pushing me to drive it and then during the test drive tried to insist that we stop so my husband could also drive it. This was problematic to me because I had made it very clear to Mafia Max that this was to be my car. We got back to the dealership and he tried to push for the sale but I stood my ground informing him yet again, that I am only researching. Before I left he gave me a brochure and his card.
We arrived at home and that’s when the true comparisons began. Of the three brochures. Ford was the worst, containing no specs and no details. Chevy and Honda were both comparable. As I was looking at the brochures I realized the Honda wasn’t for me and I quickly crossed the Civic off my list. Now it’s a duel between the Chevy and Ford.
As of now I have yet to make up my mind, but there are various factors to weigh before making my decision. Obviously this includes the features available for each of the vehicles, including fuel economy and safety. But, I have found myself also analyzing my decision based on the salesmen themselves and the experience they provided me while I was at their dealership. I have many factors to consider, but after reading this I’m wondering, which dealership would you choose?
