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Welcome to Today’s Webinar
             We will begin promptly at noon ET

To hear the audio portion for today’s session, please turn up
   your computer speakers or use a pair of headphones.
Win the Sale With Online Chat
Welcome

    • Have a question? Need our attention?
    • Enter your question or comment by clicking on
      the question mark in the lower right corner of the
      WebEx browser



    • Tweeting today’s call? Use #dalive.
    • Want a recording of today’s presentation?
    • Visit http://dealers.cars.com/live on Monday

3
Webinar Audio

    • To hear the audio portion
      for today’s webinar:
    • Turn up your computer
      speakers
    • Use a pair of headphones
    • Having audio problems?
    • Request a toll-free dial-in
      number for the WebEx
      teleconference


4
Today’s Moderator

    Kathy Kimmel
       Director of training, Cars.com
       15+ years experience in
        automotive retail
       Featured speaker at industry
        conferences
       Connect with Kathy:

            http://dealers.cars.com/facebook

            http://dealers.cars.com/twitter


5
Today’s Panelist

    Jim Flint
        Corporate director of internet
         sales and marketing
        John Eagle Family of Dealerships
        Houston, Texas
        12 years automotive retail
         industry experience
        Connect with Jim:
                http://www.twitter.com/jimflint12




6
Today’s Panelist

    Ed Parkinson
       Vice president
       ContactAtOnce!
       Helps dealers implement online
        chat with their websites and
        integrate it with their internet sales
        processes
       24 years in the automotive
        industry




7
Today’s Objectives

    In today’s call, we’ll discuss how to:
        Incorporate chat into your internet sales process.
        Obtain the prospect’s name, phone number or email
         address.
        Leverage chat alongside the phone to open your
         inventory and make the sale.
        Integrate chat sessions with your CRM tool for lead
         management and follow-up.




8
Look Who’s Chatting
Connect With Online Buyers

 Chat creates a fifth
 contact channel with your
 third-party listings
     •   Clicks to your website
     •   Email
     •   Telephone
     •   Walk-in visits
     •   Chat




10
Reach New Buyers With Chat

     Some shoppers prefer chat
       • Provides quick access to the
         information they want (e.g.,
         availability, condition, price)
       • Protects their anonymity
       • One in four adults sends
         more instant messages than
         email1
       • 90 percent of people use IM
         at home; 20 percent from
         work2

11                                         1 AP/AOL Instant Messaging Survey, 2007
                                                     2 AOL/Opinion Research, 2007
Build, Follow a Sales Process
Prepare for Chat Success

 • Create steps to a sale similar to your email, phone
   and in-store processes
     • Identify key points to address in every conversation
     • Minimize use of cut-and-paste sentences
         • Buyers want to know they’re chatting with a person
     • Shoppers will contact you about:
         • Specific listings
         • Service, parts and accessories
         • Finance
 • Assign, train salespeople to manage chat requests

13
Staff for Chat Success

 Have enough people
 available so you can
 quickly respond
     • Acknowledge shoppers
       within 15 seconds
     • Would you:
        • Ignore a ringing        Car buyer chat requests are most common between noon and 4 p.m.
                                  during the week, when shoppers are at work and can’t use the phone or

           phone?                 company email system.



        • Let shoppers roam
           your store without a
           greeting?

14                                                           Source: ContactAtOnce! LLC, February 2007
Define the Steps to a Sale

 • Greet the customer
 • Conduct a needs analysis
 • Open your inventory
 • Demonstrate the vehicle
 • Build dealership value
 • Sell the appointment




15
Greet the Customer

 • Begin with an introduction
     • “Hello, my name is (First) (Last). May I ask yours?”
 • This approach helps you to:
     • Obtain the shopper’s name;
        • Offer your first and last name to encourage the
          shopper to respond in kind
     • Build rapport and create dialogue
     • Personalize your “voice” for the shopper




16
Conduct a Needs Analysis

 • Earn shoppers’ trust by offering to answer their
   questions about the vehicle
 • Expand the conversation by asking about the
   shoppers’ needs
     • “To ensure I’m providing you with the information you
       need, can you tell me how you’ll use the vehicle?”
     • “Will you be the primary driver?”
     • “Do you have a vehicle to trade?”
     • “When do you plan to make a purchase?”
     • “What do you like about your current vehicle? What
       features are most important with the new one?”
17
Open Your Inventory

 • Present cars from your inventory that may better
   meet the shopper’s needs (e.g., new, used, CPO)
 • Ask: “Are you considering other makes/models?”
 • Use this conversation as an opportunity to ask for
   the shopper’s phone number
     • Add value
        • “Would it be easier for you if I called you?”
     • Avoid old-school rush to get the shopper’s number
     • Keep the chat window open to send links to your listings


18
Demonstrate the Vehicle

 • Create excitement about the vehicle by:
     • Calling out features that meet the shopper’s needs
     • Validating its condition
        • One-owner
        • Nonsmoker
        • Vehicle history report
 • Focus on the car and the dialogue, not a sales
   pitch
 • Create a reason for the shopper to take action
     • Time-sensitive specials or finance and lease options

19
Build Dealership Value

 • Offer reasons for the shopper
   to buy from you
     • Provide links to testimonials
       from satisfied customers or
       dealer rating sites
     • Emphasize your strengths:
         • Large selection
         • Convenient location
         • Service after the sale
         • Industry awards
         • Community reputation
20
Sell the Appointment

 • Encourage the shopper to visit the store
     • “When can we schedule a test drive for you?”
     • “Have you had an opportunity to drive the vehicle in
       your preferred color and with the features you want?”
 • Schedule and confirm the appointment
 • Use the appointment as an opportunity to obtain
   the shopper’s phone number
     • “My phone number is _____. If you’re running late or
       need to reschedule, please call. If you give me your
       number and anything comes up on my end, I’ll do the
       same. Fair enough?”
21
Leverage Chat Opportunities

 • Share the chat transcript with the shopper
     • Provides the buyer with your name, contact information
     • Creates a record of the cars you discussed
 • Enter customer, session information into your CRM
   system for follow-up
 • Review chat logs to identify:
     • Sales opportunities
     • Areas for improvement
        • Were requests left unanswered?
        • Was the sales process followed?

22
Review

 • Chat creates a new contact channel
   to engage in-market buyers
 • Develop a sales process for chat to
   ensure consistent use
 • Be prepared to respond quickly with
   the properly trained staff
 • Engage the shopper: Get information
   by giving it
 • Monitor program results to improve
   performance
23
Resources for Online Success

 • Cars.com gives you the tools and resources to
   drive online success and fully merchandise your
   inventory: (http://dealers.cars.com/resources).
     • Your local sales representative – Our knowledgeable staff is
       ready to assist you as well as answer any questions you might have
     • Local training – Attend one of Cars.com’s local training workshops
       for a hands-on educational experience
     • DealerADvantage blog– Get tips and techniques to maximize your
       online investment (http://dealeradvantage.cars.com)
     • DealerADvantage LIVE – Tune in to our free monthly webinars,
       packed with advice from expert trainers and the best dealers in the
       industry (http://dealers.cars.com/live)


24
Questions & Answers
Thank You & Good Luck

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Win the Sale with Online Chat

  • 1. Welcome to Today’s Webinar We will begin promptly at noon ET To hear the audio portion for today’s session, please turn up your computer speakers or use a pair of headphones.
  • 2. Win the Sale With Online Chat
  • 3. Welcome • Have a question? Need our attention? • Enter your question or comment by clicking on the question mark in the lower right corner of the WebEx browser • Tweeting today’s call? Use #dalive. • Want a recording of today’s presentation? • Visit http://dealers.cars.com/live on Monday 3
  • 4. Webinar Audio • To hear the audio portion for today’s webinar: • Turn up your computer speakers • Use a pair of headphones • Having audio problems? • Request a toll-free dial-in number for the WebEx teleconference 4
  • 5. Today’s Moderator Kathy Kimmel  Director of training, Cars.com  15+ years experience in automotive retail  Featured speaker at industry conferences  Connect with Kathy: http://dealers.cars.com/facebook http://dealers.cars.com/twitter 5
  • 6. Today’s Panelist Jim Flint  Corporate director of internet sales and marketing  John Eagle Family of Dealerships  Houston, Texas  12 years automotive retail industry experience  Connect with Jim: http://www.twitter.com/jimflint12 6
  • 7. Today’s Panelist Ed Parkinson  Vice president  ContactAtOnce!  Helps dealers implement online chat with their websites and integrate it with their internet sales processes  24 years in the automotive industry 7
  • 8. Today’s Objectives In today’s call, we’ll discuss how to:  Incorporate chat into your internet sales process.  Obtain the prospect’s name, phone number or email address.  Leverage chat alongside the phone to open your inventory and make the sale.  Integrate chat sessions with your CRM tool for lead management and follow-up. 8
  • 10. Connect With Online Buyers Chat creates a fifth contact channel with your third-party listings • Clicks to your website • Email • Telephone • Walk-in visits • Chat 10
  • 11. Reach New Buyers With Chat Some shoppers prefer chat • Provides quick access to the information they want (e.g., availability, condition, price) • Protects their anonymity • One in four adults sends more instant messages than email1 • 90 percent of people use IM at home; 20 percent from work2 11 1 AP/AOL Instant Messaging Survey, 2007 2 AOL/Opinion Research, 2007
  • 12. Build, Follow a Sales Process
  • 13. Prepare for Chat Success • Create steps to a sale similar to your email, phone and in-store processes • Identify key points to address in every conversation • Minimize use of cut-and-paste sentences • Buyers want to know they’re chatting with a person • Shoppers will contact you about: • Specific listings • Service, parts and accessories • Finance • Assign, train salespeople to manage chat requests 13
  • 14. Staff for Chat Success Have enough people available so you can quickly respond • Acknowledge shoppers within 15 seconds • Would you: • Ignore a ringing Car buyer chat requests are most common between noon and 4 p.m. during the week, when shoppers are at work and can’t use the phone or phone? company email system. • Let shoppers roam your store without a greeting? 14 Source: ContactAtOnce! LLC, February 2007
  • 15. Define the Steps to a Sale • Greet the customer • Conduct a needs analysis • Open your inventory • Demonstrate the vehicle • Build dealership value • Sell the appointment 15
  • 16. Greet the Customer • Begin with an introduction • “Hello, my name is (First) (Last). May I ask yours?” • This approach helps you to: • Obtain the shopper’s name; • Offer your first and last name to encourage the shopper to respond in kind • Build rapport and create dialogue • Personalize your “voice” for the shopper 16
  • 17. Conduct a Needs Analysis • Earn shoppers’ trust by offering to answer their questions about the vehicle • Expand the conversation by asking about the shoppers’ needs • “To ensure I’m providing you with the information you need, can you tell me how you’ll use the vehicle?” • “Will you be the primary driver?” • “Do you have a vehicle to trade?” • “When do you plan to make a purchase?” • “What do you like about your current vehicle? What features are most important with the new one?” 17
  • 18. Open Your Inventory • Present cars from your inventory that may better meet the shopper’s needs (e.g., new, used, CPO) • Ask: “Are you considering other makes/models?” • Use this conversation as an opportunity to ask for the shopper’s phone number • Add value • “Would it be easier for you if I called you?” • Avoid old-school rush to get the shopper’s number • Keep the chat window open to send links to your listings 18
  • 19. Demonstrate the Vehicle • Create excitement about the vehicle by: • Calling out features that meet the shopper’s needs • Validating its condition • One-owner • Nonsmoker • Vehicle history report • Focus on the car and the dialogue, not a sales pitch • Create a reason for the shopper to take action • Time-sensitive specials or finance and lease options 19
  • 20. Build Dealership Value • Offer reasons for the shopper to buy from you • Provide links to testimonials from satisfied customers or dealer rating sites • Emphasize your strengths: • Large selection • Convenient location • Service after the sale • Industry awards • Community reputation 20
  • 21. Sell the Appointment • Encourage the shopper to visit the store • “When can we schedule a test drive for you?” • “Have you had an opportunity to drive the vehicle in your preferred color and with the features you want?” • Schedule and confirm the appointment • Use the appointment as an opportunity to obtain the shopper’s phone number • “My phone number is _____. If you’re running late or need to reschedule, please call. If you give me your number and anything comes up on my end, I’ll do the same. Fair enough?” 21
  • 22. Leverage Chat Opportunities • Share the chat transcript with the shopper • Provides the buyer with your name, contact information • Creates a record of the cars you discussed • Enter customer, session information into your CRM system for follow-up • Review chat logs to identify: • Sales opportunities • Areas for improvement • Were requests left unanswered? • Was the sales process followed? 22
  • 23. Review • Chat creates a new contact channel to engage in-market buyers • Develop a sales process for chat to ensure consistent use • Be prepared to respond quickly with the properly trained staff • Engage the shopper: Get information by giving it • Monitor program results to improve performance 23
  • 24. Resources for Online Success • Cars.com gives you the tools and resources to drive online success and fully merchandise your inventory: (http://dealers.cars.com/resources). • Your local sales representative – Our knowledgeable staff is ready to assist you as well as answer any questions you might have • Local training – Attend one of Cars.com’s local training workshops for a hands-on educational experience • DealerADvantage blog– Get tips and techniques to maximize your online investment (http://dealeradvantage.cars.com) • DealerADvantage LIVE – Tune in to our free monthly webinars, packed with advice from expert trainers and the best dealers in the industry (http://dealers.cars.com/live) 24
  • 26. Thank You & Good Luck