Convenience: The Best Strategy For Higher Dealership Profits
Why would anyone pay $6 for milk at a convenience store, when they could get the same gallon of milk at their local supermarket for less than $3? The answer? Convenience.
What Are Your Dealership's Goals? What Are You Doing About Them?
We’ve seen huge changes in the industry in the last 15 or so years that have forever changed how customers shop for cars, and in turn how dealers should be engaging and selling to them. Now more than ever it is important to have a Marketing Strategy. DON’T CLICK AWAY JUST YET.
What Is Consistent, Cost Effective Dealership Marketing?
First off, a dealership needs to keep an eye on their market share of both new and used cars. This should be done in at least two ways; against similar brand franchised dealers in their market and against all franchised dealers in their market.
Reaching The Right People With Your Dealership's Marketing Efforts
Let's say there is a person who lives within a 15 mile radius of your dealership who is going to buy a vehicle sometime over the next six months. Let's also say that this person is considering a brand you carry and let's also say that they are even considering buying from you. Would you say that it would be to your benefit to have mail, email and perhaps Facebook (or other apps) delivering your message to this person on a consistent basis during the approximately 6 months prior to this person...
Does Auto Brand Demand Dictate Market Performance For Dealerships?
Yes and No. Yes, less demand for your brand means less of that brand sold in relationship to other brands in your market area. That's a given. However, the demand for your brand does not have to limit your individual dealership’s performance. Your dealership can increase market share even when demand for your brand is down in a couple ways:
Month–to–Month is Killing Dealers' Market Performance
The car business is unlike any market in the world. You are in a business where you sell something people want and need. The potential for big success is highly probable, unlike a lot of businesses that have a low probability for success (restaurants for example). That being said, car dealerships will not run themselves and most assuredly can fail. There are many reasons that dealerships fail, but almost all of them can be narrowed down to one issue: a lack of planning and the ability to pivot...
What Is Data Attribution?
So, you have decided to try and give your dealership a leg up on local competition by implementing multi-channel digital marketing (a very wise choice).
What is “Direct/None” In Google Analytics?
Google Analytics doesn’t always recognize where a web visitor came from or the device they used. When that occurs, the analysis says “direct/none” even though the visitor may not have come from a direct source. There are ways to analyze the data anyway, and certainly ways to fix the issue so more data can be reported accurately. Nearly every Google Analytics report has something that looks like “(direct)/(none) source” and the meaning behind this can be misleading. Visiting Google’s help center...
Are The Right People Driving Your Digital Marketing Campaign?
Edifice Automotive stands out from the competition because we have a laser focus on helping dealerships sell more cars. When you partner with us, you can be assured that we have helped dealerships increase their sales by with our Multi-Channel Marketing Solutions. Edifice harnesses the power of Big Data so that you can get more foot traffic to your dealership, an increased sense of trust from potential car buyers, and more monthly sales as a result. You won’t get these results from a digital...