1. The State of Automotive
Internet Marketing
Jeff Tirey
Mongoose Metrics, CMO
May 16, 2012
2. What We Will Cover In The Next Hour
1. Review how the workshopâs data was created
and understand its strengths AND
pitfalls.
2. Discuss how benchmarking can be an important
tool in the formation of your marketing plans.
3. Dive deep into the data to uncover results, such
as the rates of use of important third-party web
technologies and services.
4. Identify how social media is used in the
automotive industry.
3. Workshop Goals
⢠Gain a high level vision of where youâre
industry is at.
⢠Identify best practices and top performers in
your industry
⢠Identify the rates of technology use within
your industry
⢠Justify your marketing decisions with data
⢠Discover the new world of big-data and big
data tools
4. Key Goal
More than anythingâŚ
I want you to understand at a high level what
your industry is doing and have confidence
when forming your own Internet marketing
strategic plan.
⌠because, youâll have the data to backup your
decisions.
5. Best Of All
All the data we discuss in this workshop,
you will have full access to for your own further
study.
6. Part 1 â The Data
About The Data
⢠Approximately 17,669 U.S. automotive dealer
websites
⢠The data was built by first retrieving company
information, including web address, using the
Jigsaw.com API.
⢠With the website address, a website crawler
visited each website and download the
source-code of the homepage.
8. Part 1 â The Data
To Be Clear
⢠The data-set only contains the homepage
source code.
⢠Not the entire website.
⢠If a technology is not present on the
homepage, it will not be found.
9. Part 1 â The Data
This Data Set is Not Perfect
⢠Itâs only the homepage
⢠It contains rouge records introduced by Jigsaw
through the incorrect categorization of
companies
10. Part 1 â The Data
Bad Record Example - Trucks
11. Part 1 â The Data
Bad Record Example - Motorcycles
12. Part 1 â The Data
Bad Record Example - Tires
13. Part 1 â The Data
So How Can We Trust This Data?
⢠The API returned an initial dataset of 32,000
records.
⢠Approximately 15,000 records â about 46% of
records -where purged through cleaning to
bring the dataset to 17,669
⢠While stragglers remain in the record-set, they
are low enough to not skew the findings.
⢠This is the nature of big-data. Itâs big, but
imperfect. (This is true for Hoovers and D&B.)
14. Part 1 â The Data
How do we know the studyâs data-set
is a good representation of all U.S.
automotive dealer websites?
16. Part 1 â The Data
NADA â New Car Dealerships
17. Part 1 â The Data
Studyâs Data: 17,669
NADAâs Data: 17,700
The two record-sets are very close in count, but this
does not mean the two hold the same records. A
detailed examination of the studyâs data-set indicates a
rate of error of about 3%-5%.
I can live with that.
18. Part 1 â The Data
Ok, so we have the data... What do we
do with it?
19. Part 2 â Benchmarking
Benchmarking
⢠Benchmarking provides a moment in time
snapshot of your businessâs performance and
helps you see clearly your position in a
relation with a particular standard.
20. Part 2 â Benchmarking
Benchmarking Provides Context
⢠Context makes data relevant
⢠With context you can compare your
companyâs efforts to other companies in direct
competition.
⢠Compare your company to best-performers in
your industry
21. Part 2 â Benchmarking
Benchmarking Beware!
⢠Benchmarking does not tell you what to do.
⢠You need KPIs for that
22. Part 2 â Benchmarking
Develop Your Own KPIs
⢠What is not measured is not managed.
⢠KPIs define and measure progress
⢠Base KPIs on your own overall business goals
⢠Measure KPIs over time
⢠Example: If overall company goal is to increase
customer service appointments, your KPI
could be to increase existing customer social
media engagement by 30%
26. Part 3 â Results
Trade-In Car Value
AutoTrader â 564
Pure Cars â 349
Black Book - 947
27. Part 3 â Results
Reviews/Customer Experience
Better Business â 564
Dealer Rater â 925
iPerceptions- 947
28. Part 3 â Results
Chat
Contact At Once â 2,619
Live Person â 65
Provide Support - 16
29. Part 3 â Results
Only 94 Dealer Websites Use Quantcast
30. Part 3 â Results
Be Sure To Hide Audience Reports
31. Part 3 â Results
Be Sure To Hide Audience Reports If You Do Not
Want Others To See Your Metrics
32. Part 3 â Results
Some Dealers Choose To Not Hide Audience
Metrics
33. Part 3 â Results
Quantcast is a great tool to discover and validate
your visitor demographics
34. Part 3 â Results
Great for metrics on local marketing
35. Part 3 â Results
And my favorite⌠where else does your
visitorship go on the Internet..
Are you strengthening your brand
With ad targeting
on bridal, jewelry, fashion,
Cosmetic, and parenting sites?
Use audience metrics to speak to their needs
40. Part 4 â Social Media
Social Media Usage
Twitter 4,164 24%
Facebook 6,628 38%
LinkedIn 270 2%
Youtube 4,066 23%
Google+ 1,344 8%
41. Part 4 â Social Media
Combinations of Social Media Use
â˘Only Facebook 2,688 15%
â˘Only Twitter 224 1%
â˘Both Facebook & Twitter 3,940 22%
42. Part 4 â Social Media
Facebook Open Graph API Call
43. Part 4 â Social Media
Facebookâs âPeople Talking Aboutâ
Metric
This metric refreshes daily but goes back a
week. So itâs the current barometer of how
much conversation is being generated by
someoneâs Page on Facebook. Itâs a good
gauge of the content Pages are putting up and
how to generate more conversations around a
Page
44. Part 4 â Social Media
âPeople Talking Aboutâ Metrics
⢠liking a Page
⢠posting to a Pageâs Wall
⢠liking, commenting on or sharing a Page post (or other
content on a page, like photos, videos or albums)
⢠answering a Question posted
⢠RSVPing to an event
⢠mentioning a Page in a post
⢠Photo-tagging a Page
⢠liking or sharing a check-in deal
⢠or checking in at a Place.
45. Part 3 â Results
Top 12 Brands By âLikesâ & Engagement
46. Part 4 â Social Media
But how do these rates of Facebook
Engagement Stack Up? ..
An example in another vertical for
context âŚ
47. Part 4 â Social Media
It is possible to have satisfactory FB engagement
rates and high âlikeâ counts
How are engagement rates at the local auto dealership level?
48. Part 4 â Social Media
Top 12 Acura Dealers by âLikesâ
49. Part 4 â Social Media
Most Facebook âLikesâ
50. Part 4 â Social Media
Likes Graph
Thereâs even 1 like from my network of Facebook friends.
52. Part 4 â Social Media
Top âLikesâ
Dave White Acura davewhiteacura 150655
Steve Castrucci Jeep Eagle Svc SuzukiAuto 85586
Smart Center of Walnut Creek smartusa 70366
Lake Country Chevrolet LakeCountryChevroletCadillac 50963
Furnace Brook Motors Inc autotrader 44156
Steve Rayman Chrysler Jeep steveraymanchevy 42831
Habberstad BMW habberstadbmw 41708
Town & Country Ford AlabamaFord 30350
Hunter Douglas HunterDouglas 29376
Dugan Chevrolet duganchevrolet 29169
Mercedes Benz of Austin mercedesbenzofaustin 20700
J.M. Lexus JMLexusFL 18418
Camelback Volkswagen camelbackdifference 17744