1. Using digital marketing tools to buy Internet, radio, newspaper and TV advertising more cost effectively than ever before… Learn how to buy $125 prime drive time radio spots for less than $10 each! Enterprising dealers in all areas of the country are discovering that multiple web-based services allow them to bid and buy conventional radio, TV and newspaper advertising in their local market at a fraction of the cost when purchased through conventional methods. Discover how you can regain or expand your competitive advantage by learning how to use the web to buy both online advertising and conventional media at far lower costs than ever before available to car dealers.
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4. “ Many dealers say they are reducing — or even eliminating — their advertising budgets and shifting ad spending online from print, broadcast and outdoor outlets.” Poll: Dealers scrounge for cuts Retailers slash costs by cutting staff, inventory, vendors and advertising David Kushma Automotive News April 14, 2008
5. Digital Marketing and Advertising Relevance Information Source Most Important to Vehicle Purchase Influencers
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8. Different media channels are more effective at distinct stages of the shopping funnel Consideration Purchase Awareness Familiarity Visit Dealer Marketing Channel TV Ads Radio Ads Digital Advertising Newspapers Outdoor
9. Integrated Marketing Use Multiple Media Channels to Communicate the Same Messaging More Effectively
11. Sponsored Links (paid search listings) are displayed at top and right side of search results page…
12. Ford Dealer listings on local search maps are shown when a community name is used in search query… “Local Business Results”
13. Organic (free) web site Links are listed in the middle/left/lower section of the search query results page…
14. Ford Dealer Display Advertisement placed on FordF150.net site
15. Ford Dealer Display Advertisement placed on 2009 Ford F-150 section inside FordF150.net
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17. Digital channels emerging that provide cost efficient access to local media buying for car dealers… Providing opportunity for innovative dealers to gain a competitive advantage.
23. When we check on Albuquerque f or Rich Ford, we find 24 Radio Stations have provided Google with direct access to On-Air inventory …
24. What would be available to Rich Ford if we wanted all the inventory we could get, running Radio Spots 24 hours a day , bidding on a $5.00 CPM listeners basis?
25. Running Radio Spots 24 hours a day, we would pay $1.59 on a CPM basis to get 8,042 30 second spots on 24 radio stations at a total campaign cost o f $10,611 … This comes out to a net cost o f $1.32 per Spot
26. What if we Ran Rich Ford’s Radio Spots ONLY DURING PRIME DRIVE TIME, Monday through Friday, paying on a CPM basis… On 24 Albuquerque & Santa Fe Radio Stations? How Many Prime Drive Time Spots can we get, and at What Cost per Spot on Local Radio Stations?
27. Running Radio Spots ONLY DURING PRIME DRIVE TIME , on 23 Radio Stations in Albuquerque/Santa Fe market, paying on a $2.13 CPM basis, we estimate that the dealer would get 3,335 spots at a $8,932 total campaign cost, which comes out to $2.68 Average Cost per Prime Drive Time Spot… Dealer currently pays over $85 for equivalent spots through historical sales channels
28. Normally we would check the box “I already have an ad” and then upload our 30 second radio spots to be pushed directly into each stations rotation software and then broadcast… But, when I first prepared these slides, I still needed to get the spots (and permission) from Dennis Snyder at Rich Ford!
29. We saved the campaign and went to Dennis Snyder to supply the 30 second spots he wanted to run so we can upload them into the ADP Digital Advertising system and pull the trigger…
40. Back to the Campaign Summary Screen, we see that bidding on local newspaper advertising is also available…
41. Digital Marketing Print Ads… Let’s see if we could save Rich Ford any money on buying newspaper display ads.
42. In this initial section, we are going to check for any newspapers in Rich Ford’s market area that may have signed up to participate in this program...
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44. A step-by-step process allows us to select the section o f the newspaper we would like our advertisement to appear in…
45. Next, we select the size of Newspaper Ad we want to run. In this case we know that Rich Ford likes to own the whole page
46. We bid on the Saturday editions… We bid on the Sunday editions…
47. In this example, $951.85 on Saturday (we “low balled” the newspaper bid) At $1,324.92 for a Full Page, we low balled the Sunday bid as well.
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49. Next, we enter a short description, then save the Newspaper campaign.. .
50. Just like the Radio campaign, we get a summary description and links to edit the Newspaper campaign later on.. .
51. In less than an hour, we set up Site Targeted Online Display Ads, Search Engine Ads, Radio Ad Campaigns on 24 stations, and a Saturday/Sunday F ull Page Newspaper Ad Campaign…
52. In Dallas, TX we used Digital Advertising to drive tra ffic to CBS’s DFWvehicles.com to supplement their TV, Radio and Outdoor advertising campaigns that utilized their own media channels … Exceptionally high click-through rates reflect the synergies achieved with Integrated Marketing campaigns that utilize on and o ff line media
55. ADP Digital Advertising for Dealers Case Study #1 – Paid Search and Web Site Display Advertising Digital Ad Media Purchases…………………$ 6,389.72 Media Management Services…...…………..$ 1,277.94 Account Services……………………………..$ 495.00 ---------------- Total Digital Ad Invoice…………….……$ 8,162.66 Net Cost Per Thousand Impressions…$ 0.31 Net Cost Per Visitor……………………...$ 2.13 PLEASE NOTE: This Case Study is being used as a real world example, your results will vary from these because no two advertising campaigns generate identical results!
56. ADP Digital Advertising for Dealers Case Study #2 – Digital Audio Campaigns (Local Radio) Local Radio Station Media Purchases………$ 7,453.32 Media Management Services…...……….…..$ 1,490.66 Account Services………………………….…..$ 495.00 ---------------- Total Digital Ad Invoice…….………$ 9,438.98 Net Cost Per Drive Time Spot……..$ 5.80 Net Cost Per 1,000 Listeners………$ 3.27 PLEASE NOTE: This Case Study is being used as a real world example, your results will vary from these because no two advertising campaigns generate identical results!
57. PLEASE NOTE: This Case Study is being used as a real world example, your results will vary from these because no two advertising campaigns generate identical results!
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61. Digital Marketing Call To Action Go to www.ADPdigitalAdvertising.com and get a no-charge Search Marketing Analysis sponsored by the ADP Digital Marketing Team… An ADP Digital Advertising Team specialist will review results with you.
62. The ADP Digital Advertising Program is designed to leverage each dealer’s existing search engine rankings by researching the “organic” or natural listings that dealers do not pay for, before buying any paid search listings. By first testing the most important search words and phrases, the relevant keywords used by local in-market car buyers that already show the dealer prominently listed, can be excluded from those that the dealer pays for. This strategy allows ADP to bid on only the most effective keywords that the dealer is not already getting for free, then shift the remaining budget to display advertising on web sites used by the dealer’s local customers. Eliminating the practice of bidding on the wrong keywords or Geotargeting outside the dealer’s effective market area allows ADP to provide dealers with a blended online advertising approach that maximizes the showroom, phone and dealer website sales opportunities generated. Why do we ask dealers to register at SEMdealer .com before we recommend any digital advertising ?
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Hinweis der Redaktion
When people talk about the funnel being dead they are talking about the idea that every consumer goes through the same process when shopping for a vehicle. The concept of the purchase funnel was first developed as a marketing model. And that model still stands true today. Even though there are a thousand different paths that consumers take through the shopping process these five things still have to occur in order to get a customer to buy your product. The reason why it is important to recognize the purchase funnel is…
If you look at all the different marketing channels available to manufacturers, each channel has its unique strength in marketing against the purchase funnel. Event marketing is used to build a relationship with consumers to improve awareness and familiarity. Television provides broad reach at the top of the funnel. Some magazines can help build awareness, increase familiarity, while others can be used to get your model on the consideration list. Newspaper ads, on the other hand, are more focused at the bottom of the funnel, pitching price, incentives and displaying used inventory. The Internet is really the only medium out there that can be very successful across the entire funnel. People visit the internet every day. Awareness and familiarity can be increased before consumers even begin shopping. People use the internet to help build their consideration list. They discover what dealers they should visit and purchase from. I talked earlier about the manufacturer sites catching up with the independent sites. That wasn’t to imply that independent site will be going away. There will always be a role for them. But the 3 rd -party sites that embrace the idea that they can provide dealers and manufactures with marketing solutions, not just leads, are the ones that are going to be the most successful.