Paul Potratz Feeds Archive | Page 84 of 113 | Auto Remarketing

Life Is A Highway And, I Want To Ride It All Night Long

Life Is A Highway And, I Want To  Ride It All Night Long

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.

What is Ecoboost?

What is Ecoboost?

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.

Dealerships Benefit When Using Location-Based Social Media

Dealerships Benefit When Using Location-Based Social Media

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.

The Always-Connected Digital Lifestyle: Friend or Foe?

The Always-Connected Digital Lifestyle: Friend or Foe?

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.

Have You checked In? Using foursquare In Your Dealership

Have You checked In?

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!

Journey Into Purchasing a New Car

 Journey into Purchasing a New Car

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?

Put On Your Game Face: Why Your Face Says A Lot About Your Dealership

Put On Your Game Face: Why Your Face Says A Lot About Your Dealership

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!

Smartphones vs. Tablets: Who Uses What and How?

Smartphones vs. Tablets: Who Uses What and How?

By: Yasmine Syed

Approximately sixty-seven percent of American adults use some kind of mobile device, whether it be a smartphone or a tablet. But who are they exactly? It’s important to know, especially if you are serving up mobile ads.

In a nutshell, they’re the ideal target consumer. Mobile device users are more educated and earn higher incomes than their non-smartphone using counterparts. This revelation may prompt you to wonder if traditional print media advertising should be relegated to the ash heap, but a study conducted by the University of Missouri’s Reynolds Journalism Institute proves otherwise. The same consumers who use mobile devices also continue to utilize traditional print mediums like newspapers and magazines. Rather than replacing traditional media with digital, these consumers consume both.

Mobile devices are as diverse as their owners. For example, smartphone and iPad owners are predominately male, while e-readers and small tablet owners skew female. IPhone and Blackberry users tend to be more educated and earn higher incomes than Android users and earn, on average, $75,000 or more annually. In fact, a whopping 81.3% of mobile device users earn more than $75,000 per year while 55.5% of mobile device users have a 4-year or advanced degree. What’s even more interesting is that nearly the same percentage of mobile device users and non-mobile device users read print publications. This data suggests that digital media is not replacing traditional media; it is simply an extension of it.

So just how do individuals us their mobile devices? Most people take their smartphones everywhere and use them for task-related activities like sending text messages and reading and responding to email, while tablets are used for longer-term media consumption.

The following chart depicts tablet use:

Smartphones vs. Tablets: Who Uses What and How?

Because tablets are largely used for viewing richer content and enhancing leisure time, display ads do not perform as well on tablets as they do on smartphones.  Because smartphones are task related they are predominately used while traveling, in a store while shopping, in the car, and in a restaurant.

The following chart depicts smartphone use:

Smartphones vs. Tablets: Who Uses What and How?

When it comes to automotive advertising, the evidence supports the need for ads to be optimized for smartphone users. Given the fact that they have disposable income, they are ripe potential car-buying consumers.

Improve Your Inventory Using Google Analytics

Improve Your Inventory Using Google Analytics

Google Analytics is a powerful tool for managing your online advertising campaign. But did you also consider that tracking your ad campaigns can provide important insights into your business – and help you control your inventory?

Think about it this way. People will search a variety of things to land on your site. They might search “car dealerships” and the area you’re located in to get to you. They might search a particular product – like car model – that is in your inventory. By monitoring what people search to get to you, you can understand what is currently in demand and replenish your inventory accordingly.

For example, if you’re located in the northeast, users might begin search for all-wheel drive vehicles or snow tires at a certain point in late fall or early winter. Monitoring when this search begins to pick up will signal when it is time to push those winter vehicles and accessories.

Similarly, a current client of ours noticed that when the weather began to get warmer, people in the area began to search for convertible cars. It can be difficult to determine on your own what inventory you need; so let your potential customers assist you!

Not only can this analytical monitoring aid your inventory quality, it can also help you design advertisements. If you find that lots of people are searching for the new model your manufacturer has rolled out, make sure to let people know, through commercials, social media, or retargeting, that you’ve got it!

This is just one example of how Google Analytics can enhance your dealership’s performance beyond effective advertising. Want to know more? Give us a call!

No, It CAN’T Wait

No, It CAN’T Wait

Procrastination

We all know about it– continuously pushing things off until the last possible moment, always saying tomorrow, next time etc. Well one Argentinean publisher says no more, recently developing special ink that will disappear within two months time of coming into contact with the sun and air, allowing a reader a limited time to complete the book before all the ink vanishes.

I believe this is a very effective way to ensure the product is seen and used. It’s very easy to make a purchase and then never use it. I mean I know I have lots of outfits in my closet still with the tags on them; but given the idea that they would dissolve within a few months time, I might consider wearing them especially since the alternative would equate with having just thrown my money away in the trash. I’m sure there will be many people who will not purchase the product knowing it won’t last, but I think there will be a lot of people who will purchase and subsequently use said product in order to beat the constricting time limit.

I think it’s important to apply this way of thinking to your car dealership; how can you make something non-lasting? Now I’m obviously not suggesting we develop dissolving cars; that would just be crazy, but I am saying providing some serious incentives to your customers. Why should they buy this now? Most people purchase a vehicle when they need one, not because they want one but if the deal was really sweet wouldn’t you consider the purchase a little bit sooner?

What Customers Want

Offer your customers something worthwhile. Now, I know you can’t just go out on the lot and decide the prices of vehicles, but you can provide really strong incentives for why they should buy now. The words ‘for a limited time’ are extremely effective because let’s be honest, nobody wants to be the one who missed out. Establish programs that only run for short periods of times such as come in before 3pm to save x amount of dollars on a selected service.

In addition, you could develop contests such as the 100th person to come in a test drive this car today wins an iPad. The opportunities are endless; depending on your dealerships location you could work with a local organization to help promote an event such as free tickets to a theme park, the movies, or even a gift certificate to a popular restaurant.

Have you given your customers a reason not to wait? What are you waiting for? Contact us now and let’s get started!

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