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Sell What It Does, Not What It Is

                                    Volume 6   •   Issue 6
WE’RE PROUD
                                                                TO SAY WE’VE
                                                                DONE SOMETHING
                                                                COMPLETELY NEW.
                                                               “Highest in Dealer Satisfaction With Online
                                                                Buying Services For New Vehicle Leads”




     OF COURSE,
     WE HAVEN’T
     FORGOTTEN WHAT
     GOT US HERE.
   “Highest in Dealer Satisfaction With Online Buying
    Services For Used Vehicle Leads, Two Years in a Row”




This honor says a lot. It says that car dealers appreciate our service. It says that we help generate business.
And as the only company to earn these awards for both new and used car services, it says that we keep
improving our service. That’s something we will continue to do. We want to thank our dealers for helping us
earn these awards. They’re more examples that show What We Do Works.




For information, call 877-261-9418 or visit awards.autotrader.com today.

©2007 AutoTrader.com, Inc. All Rights Reserved. “AutoTrader.com” is a registered trademark of TPI Holdings, Inc. used under exclusive license. AutoTrader.com received the
highest numerical score for used vehicle leads in the proprietary J.D. Power and Associates 2006–2007 Dealer Satisfaction with Online Buying Services Studies. 2007 study
                                                                                                                                                             SM

based on 1,758 dealer evaluations in May–June 2007. AutoTrader.com received the highest numerical score for new vehicle leads in the proprietary J.D. Power and Associates
2007 Dealer Satisfaction with Online Buying Services Study. Study based on 1,758 dealer evaluations in May–June 2007. Your experiences may vary. Visit jdpower.com.
                                                             SM
Over 2 Million Vehicles

                                      Processed Daily




   Visit Us at NADA 2008!
   Booth 3601 West
HomeNet 866.653.1155           220 Willowbrook Lane | West Chester, PA 19382
                            www.homenetinc.com | salesteam@homenetinc.com
                            23 egap no elcitra ruo eeS
Artful Questioning
                                                                                                                                                                                                                  8           TomHopkins


                                                                                                                        Getting What You Want From People
                                                                                   How to Get Buy-In, Follow Through and Enthusiastic Participation
                                                                                                                     on Projects, Tasks and Goals
                                                                                                                                                                                                                 10           PattiWood


    on the cover                                                                                                                                         The Value of Mentors
                                                                                                                                                                                                                 11           BrianTracy


                                                                                                                   Hitting the Jackpot...With Digital Ads!
                                                                                                                                                                                                                 12           DaymondDecker


                                                                                                                                           Failing Forward Successfully
                                                                                                                                 Can Mistakes Actually be Good for You?                                          14           DebbieAllen


                                                                                                                                                                   Personal Success
                                                                                                                                                                                                                 18           SeanV.Bradley


                                                                                                                           Is This As Good As It’s Going to Get
                                                                                                                                                                                                                20            RalphPaglia


                                                                                                                                                                 The Power of Now
                                                                                                                                                                                                                22            MarkTewart


                                                                                                        Exceed the Online Customer’s Expectations
                                                                                                                                                                                                                26            LisaKeller


                                                                                                                    What Does it Take to Succeed in Sales
                                                                                                                                                                                                                30            MichaelYork


                                                                                                                 Two Words That Can Make a Difference
                                                                                                                                                                                                                32            JesseBiter


                                                                                                                                                     Internet Sales 20 Group
                                                                                                                                                                                                                36            SeanV.Bradley


                                                                                                                                                    Dump Your Sales Slump
                                                                                                                                                                                                                38            RalphR.Roberts




                                                                                                                                         helping to support...                                                                 God is the source of all supply




Hebrews 12:1 - Let us run with endurance the race that is set before us.

Patrick Luck, Editor & Publisher                                            Susan Givens, Vice President                                                 Brian Ankney, Sales-improvement Strategist                                  Brian Balash, Sales-improvement Strategist
luck43@sellingsuccessonline.com                                             sgivens1@sellingsuccessonline.com                                            super6@sellingsuccessonline.com                                             bb11@sellingsuccessonline.com
Thomas Williams, Creative Director                                          Dave Davis, Creative Strategist & Editor                                     Scott Schaeffer, Sales-improvement Strategist                                                             God is the source of all supply
design@sellingsuccessonline.com                                             ddavis@sellingsuccessonline.com                                              sschaeffer@sellingsuccessonline.com



3411 Pinnacle Gardens Drive | Louisville Kentucky 40245 | phone: 877.818.6620 | fax: 502.588.3170 | www.SellingSuccessOnline.com
AutoSuccess Magazine is published monthly at 3411 Pinnacle Gardens Drive, Louisville, Kentucky, 40245; 502.588.3155, fax 502.588.3170. Direct all subscription and customer service inquiries to 877.818.6620 or info@autosuccessonline.com. Subscription rate is $69 per year. AutoSuccess welcomes
unsolicited editorials and graphics (not responsible for their return). All submitted editorials and graphics are subject to editing for grammar, content and page length. AutoSuccess provides its contributing writers latitude in expressing advice and solutions; views expressed are not necessarily those of
AutoSuccess and by no means reflect any guarantees. AutoSuccess accepts no liability in respect of the content of any third party material appearing in this magazine or in respect of the content of any other magazine to which this magazine may be linked from time to time. Always confer with legal counsel
before implementing changes in procedures.© All contents copyrighted by AutoSuccess Magazine, a Division of Systems Marketing, Inc. All rights reserved. Reproduction in whole or part is prohibited without express written consent from AutoSuccess. AutoSuccess may occasionally make readers’ names
available to other companies whose products and/or services may be of interest; readers may request that names be removed by calling 877.818.6620. Printed in the USA. Postmaster: Send address changes to AutoSuccess Magazine, 3411 Pinnacle Gardens Drive, Louisville, Kentucky 40245.
STS
                                                 TomHopkins
sales&trainingsolution




                                                 Artful Questioning
                                                 Many       automotive      When salespeople say things like that,              involving the shortest time period possible.
                                                 salespeople        who     they’re doing nothing more than adding              It’s all about the time and convenience of
                         haven’t yet reached the professional stage         to the old stereotype of car salespeople as         the client.
                         think professional selling is exactly the          being right up there with lawyers on the
                         opposite of what it really is. They get started.   list of people with whom you least want             In fact, there’s a dealership in my local
                         They learn the product and what the special        to spend your time. When they use such              area that’s bragging about one of the
                         offers are, and then push them on the next         aggressive methods, what are they doing?            most common objections people have to
                         client who comes into the dealership.              They’re pushing, aren’t they? They’re               shopping for a new vehicle — the length of
                                                                            nagging, pleading, arguing. They’re telling         time required to do it. They are promising
                         When you entered the selling field, you             potential clients things they may not care          not more than one hour of time to handle all
                         may have thought, “Now my job is to talk           to hear. They’re trying to ram obvious self-        the paperwork required for an automotive
                         and talk and talk.” So off you go. “Here it        serving statements down the future clients’         purchase. One hour from decision to drive-
                         is folks. The single, best answer to your          throats. In effect, they are saying, “I’m out       away. The only way they can make and keep
                         driving needs. Oh, you’re going to love it.        to make you buy something. The only reason          a promise like that is to have their sales
                         You’d better get one now before we run out         I’m doing that is to put money in my pocket,        team gather all the necessary information
                         of inventory.”                                     and I don’t care whether what you buy helps         for the paperwork as they discuss the
                                                                            you or not. I’ve got a quota to meet.”              various vehicles. They have to ask the right
                         The professional automotive salesperson,                                                               questions in order to hear the right answers
                         the true Champion, realizes that people have       True Champions, those who make successful           to economize on the client’s time.
                         two ears and one mouth, and that they should       long-term careers in the automotive business,
                         be used in those proportions. This means           realize that telling isn’t selling. Champion        Have you ever been surprised at how freely
                         that after talking 10 seconds, you switch          salespeople never make people feel they’re          you’ve talked to certain salespeople before
                         your mouth off, switch your ears on, and           being pushed for the simple reason that they        buying from them? They were alert and
                         listen for 20 seconds. This also means that,       never push. What they do instead is to lead.        interested. You felt comfortable with them.
                         instead of overwhelming your future client         They find out by asking questions where              Recalling those conversations, you may
                         with your knowledge of the automotive              the buyer wants to go. Then, they take them         think you were leading and the salesperson
                         industry and your particular line of vehicles,     there.                                              was following. Superficially, that may have
                         you encourage them to tell you what they                                                               been true. In a deeper sense, however, that
                         know, what they need and what they want.           Champions lead their prospects from the             professional salesperson was leading all the
                         Let’s compare the two methods.                     initial contact to happy involvement in             way and you were following all the way.
                                                                            new or used vehicles by not talking all
                         The average salesperson sounds something           of the time, but by listening most of the           How did that happen? The Champion sales
                         like this:                                         time, and by asking artful questions. In all        professional encourages you to start off in
                           • “This is the best truck there is on the        this alert and pointed questioning, the true        your direction of interest. Once you set your
                             market today. Nothing can touch it.            professional maintains a friendly attitude of       direction, he or she gets smoothly in front and
                             We’ve also got the best deals because          interest and understanding that encourages          begins to lead you toward any of several open
                             we’re miles ahead of the competition.          the prospect to open up and give the desired        paths to purchase. When artful questioning
                             You’d might as well get it now and not         information freely.                                 reveals which of the several paths is best, the
                             waste your time looking any further.”                                                              Champion guides you smoothly and warmly
                                                                            They ask questions about the current vehicle        to the best solution they have to offer for your
                          • “Our dealership will do more for you            or vehicles they own. They ask about past           needs. Because you don’t feel you’re being
                            than any of the others. You really              vehicles the clients may have loved. Current        sold, you choose to own.
                            should buy from us.”                            needs — such as length of time on the
                                                                            road, number of passengers, cargo space             World-renowned master sales trainer
                          • “This special pricing is only available         requirements, safety and economy — are all          Tom Hopkins is the chairman of Tom
                            for a few more days. Why waste your             considered. Top pros come across as expert          Hopkins International. He can be
                            time shopping around? You can’t get             advisors whose only focus is on finding              contacted at 866.347.6148, or by e-mail
                            anything like this for less.”                   the right vehicle at the right investment           at thopkins@autosuccessonline.com.




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8




 www.sellingsuccessonline.com
From the Desk of Mark Tewart, President
Tewart Enterprises Inc • Tewart Management Group Inc.

        “I Will Guarantee You That I Can Make
3 Out of Every 10 of Your Credit Turn Downs Buyable”
It’s as close to growing money on trees                                                        • Motivate lenders for faster and deeper
that you will ever experience.                                                                 approvals
In fact, I can do even better...                                                               • Develop tremendous customer loyalty
                                                                                               and customer referrals
I will probably get 5 out of every 10 of
your credit turn downs buyable because...                                                      Would you agree that the single greatest
I have a PROVEN, copyrighted, trade-                                                           challenge you face today in order to maxi-
marked and proprietary system for making                                                       mize every sales opportunity and your
your credit turn downs buyable and I will                                                      gross profit is your customers’ credit and
prove it to you.                                                                               their credit scores?

Yes, it’s legal, ethical and meets ALL guide-                                                  What impact would you see in your opera-
lines. This is a credit improvement program                                                    tion if your customers could legally have
                                                           MARK TEWART
that is proven and gets results. It is NOT a                                                   their credit scores increased by 50,100,
credit repair program. Don’t confuse the                 Industry Consultant
                                                                                               even as much as 250 points with your
two. Often the so-called credit repair pro-                                                    credit reporting agencies — all according
grams are shams and scams based upon            monthly — guaranteed
                                                                                               to Federal Law and with a money back
fleecing people with poor credit.                • Stop paying outrageous fees to special
                                                                                               guarantee?
                                                financing companies
I can prove to you exactly how it is doing      • Increase your gross profits                   How much would it be worth if 30% to
what I am telling you right now at current      • Turn “eventual customers” into deliveries    50% of your “turned down” credit applica-
dealerships.                                    TODAY                                          tions became vehicle sales from YOUR
You can speak directly to the dealers and       • Tie the customer to you...to the extent      dealership?
see for yourself.                               they MUST purchase from you
                                                • Reduce staff frustration and manager         Look at what dealers are saying about this
The results have been mind blowing!                                                            valuable profit improvement program:
                                                “pre-qualifying”
            Here’s the Deal                                                                    “We went from delivering 180 units
Everyday you feel the pain of losing cus-                                                      to over 300 per month thanks to this
tomers and watching money walk out the                                                         program”
door because you can’t get the customer                                                               - Randy Miller, Sales Director
approved.                                                                                            Town & Country Ford - Evansville, IN

Imagine getting a minimum of 3 of every                                                        Call 888 2 Tewart (888 283-9278) /
10 of those deals to be buyable. What                                                          513 932-9526 to get a FREE, No Hassle
would that do to your sales, gross profit
                                                                                               Presentation
and bottom line?
• Our dealers are experiencing an aver-                                                                                     Mark Tewart, President
age of $4,300 gross profit per copy on                                                                                       Tewart Enterprises Inc.
these deals that are getting approved that                                                                                       www.tewart.com
were once turned down. On just ten deals
that’s an extra $43,000 Gross profit!                                                           P.S. Remember, I am guaranteeing in writ-
• Deliver more new and used vehicles                                                           ing 3 out of every 10
Bonus! Call and schedule your 15 minute, Free, no obligation presentation for your dealership by January 21 and you will receive
                                 my Tewart Distance Learning program for FREE for 30 days.*
                                                                                         *Demonstration absolutely for Dealers and Manages only please
                                                         See my article on page 22
STS

                                                                               Getting What You
                                                  PattiWood
sales&trainingsolution




                                                                                Want From People
                                                      How to Get Buy-In, Follow Through and Enthusiastic Participation on Projects, Tasks and Goals
                                                  Your boss walks            for work from them. In fact, you should build     crave facts and more facts, but they have
                                                  into your cubical          relationship credits with them every week         trouble making decisions because they have
                         and says, “I need that project from you by          so, when you really need them, you have           so many details to consider. They welcome
                         2:00,” turns around and walks out. How do           relationship credits to draw on when you are      documentation, lengthy testimonial and
                         you feel? Well if you’re a get-it-done kind of      in dire straights. Also know a warm “hello”       statistical evidence that proves your point.
                         person, you might appreciate that he didn’t         and a sincere “thank you” are as necessary as     Explain until you are blue in the face, and
                         waste your time with niceties and was in and        food and water to the Amiable. The Amiable        they’ll ask for more. They have great insights
                         out. But if that is not your style, you may get     think carefully before taking any action, and     and opinions and don’t always get a chance
                         pretty mad.                                         they don’t like change, so you really need        to express them out loud, so ask them before
                                                                             to talk them through any new projects or          you tell them, “Do it this way” and you will
                         You’re really excited to tell your team you         changes in old routines to get them to buy        get more buy in. Whether you give them a
                         have a new project. It will require a lot of work   in and follow through; otherwise, they will       task face to face or through e-mail, they will
                         and the deadline is almost impossible to meet       keep doing it the old way or what they may        e-mail you back with problems, mistakes
                         without everyone putting in extra hours, but        consider the way that has “always worked          and why it won’t work. Be prepared and,
                         you’re pumped. You go in smiling and ready          before.” They need to feel a sense of security    if possible, make sure you deal with their
                         to rock. Speaking with an enthusiastic voice        before moving forward. They best way to           criticisms face to face, or your project will
                         and lots of gestures and rah-rah language you       get work from an Amiable is to become their       drag out and weigh down with back-and-
                         tell the team about the project. How do they        friend. Make your body language warm,             forth conversations and e-mails with what
                         respond? Well if they are fellow expressive         smile and make your voice soft and relaxed.       non-Analyticals would consider minutia.
                         types, they might jump on the band wagon                                                              Even when you think the “deal is done,” they
                         with equal enthusiasm, but if they are get-it-      The Expressive or Get Appreciated                 will want to come back with one more fix. To
                         right analyzers, they are sitting there shaking     This type of person wants to be challenged;       avoid delays you may even give a deadline
                         their heads thinking of all the details that need   they enjoy learning about new, exciting           for criticism and say, “Get back to me by this
                         to be taken care of; in other words, all the        things. So if you present them with a new         date with problems and, after that, no matter
                         mistakes that they will need to fix and how          project, they may jump on it just because it is   what we will go forward.” To make sure they
                         they will be spending every waking hour for         new. But, because they love new stuff, they       are receptive, don’t interrupt them; they like
                         the next three weeks. Different people need         are easily bored and may not follow through       their solitude and prefer to know you will be
                         different delivery styles.                          on work that requires details or lots of small    coming to talk to them rather than having
                                                                             print forms and multiple steps. If you need       you just drop by. Make your body language
                         If you have an important idea to communicate        that kind of detail work from them, you may       appropriate and reserved and your voice
                         to someone at work and you need other               have to check back with them or provide           slow and low volumed, and allow long silent
                         people’s buy in, you have a task to assign          some sort of social interaction or pat on the     pauses for them to think before they speak.
                         to someone and you want to make sure they           back feedback when they do. For example,
                         follow through, or you want to make sure            when they turn in their monthly time sheets       The Bottom-liner or Get it Done
                         you will get enthusiastic participation, what’s     or travel vouchers on Fridays, let them know      This type of person values brevity and makes
                         the best way to present your message? You           that they will get to sit and have coffee with    quick decisions. They want you to tell them
                         need to consider the personality of the person      you. Or instead of e-mailing in work, have        short and sweet what you do and what you
                         you are going to talk to and form a message         them present it at the weekly meeting. They       want them to do. They like summaries and
                         and delivery style that suits them. We often        burn hot and cold, so keep your face to face      they want to be told their task. Forget the
                         go in to persuade someone using the style           or over the phone delivery lively. They like      boring details, and for goodness sake don’t
                         of communicating that is comfortable for            bold statements, new directions, initiatives,     repeat yourself. Make your e-mail requests
                         us. What we need to do is consider is the           bright ideas and enjoy a good sense of humor.     to them in bullet points. They can juggle
                         personality type of the person we are speaking      Expressive types like to lead and influence        multiple tasks, but like the feeling of getting a
                         with. Below are the four basic personality          others, so if you give them tasks where they      task done. You may want to break long-term
                         types of the DISC personality inventory and         can get other people on board, you will have      detailed projects down into mini-projects for
                         their characteristics. Read what each one           a highly motivated worker. And if they are        them. They fear a lack of control, so they
                         likes and prepare your message and delivery         hip to your project, they will be your rah-rah    need to know they are in charge of their part
                         style to match your communication recipients        cheerleader and supporter. They like to be        of the project. They gain energy from being
                         needs. Understand the underlying traits of the      noticed and appreciated; that is like food and    in charge and meeting challenges and being
                         four main types, but know that most people          water for them and feeds them deeply.             forceful and commanding, so know what you
                         are a combination.                                                                                    want, say it and stick to it. Make your body
                                                                             So now you know how to present your ideas         language confident and your eye contact
                         The Amiable or Get Along                            projects and tasks to others. You can get more    direct and your voice strong and fast paced.
                         This type of person wants to be your                accomplished with a lot less stress. Make
                         friend. They respond to heavy use of the            your body language energetic and open and         Patti Wood, MA, CSP is a professional
                         word “you” and the promise of an ongoing            your voice up-beat and fast paced.                speaker, author and coach at
                         relationship. They like warmhearted, friendly                                                         Communications Dynamics. She can be
10




                         conversations and a relaxed pace. Ask about         The Analytical or Get it Right                    contacted at 800.849.3651, or by e-mail
                         their weekend and their kids before you ask         This type is smart, careful and accurate. They    at pwood@autosuccessonline.com.
 www.sellingsuccessonline.com
STS
                                                BrianTracy
sales&trainingsolution




                                                 The Value of Mentors
                                                 Benjamin Franklin       The advice you seek should be guidance           important because many people, especially
                                                 once said, “there are   regarding your character and personality         young people, are extremely impatient,
                         two ways to acquire wisdom; you can either      and specific ideas on how you can do your         always looking for shortcuts. When they get
                         buy it or borrow it.” By buying it, you pay     job better and faster. Remember, you can’t       advice on something that another person has
                         full price in terms of time and cost to learn   figure it all out by yourself. You must have      spent many years learning, they often try to
                         the lessons you need to learn. By borrowing     the help of others. You must find men and         add variations and improve on it without
                         it, you go to those men and women who have      women who will guide you and advise you          having mastered the original instruction.
                         already paid the price to learn the lessons     on the road of life, or you will take a long,
                         and get their wisdom from them.                 long time getting anywhere.                      Remember, when you open yourself up to
                                                                                                                          guidance and input from another person,
                         This is the essence of the mentor-protégé       There are two vital qualities to look for in a   concentrate first on understanding and
                         relationship. By going to people who are        mentor. The first is character and the second     learning exactly what that person has to teach
                         ahead of you in the personal or professional    is competence.                                   you. You can then modify and change that
                         arena and opening yourself to their input,                                                       lesson to suit your changing circumstances.
                         advice and guidance, you can save yourself      Character is — by far — the most important.
                         the many months (maybe even years) it           Look for a mentor who has the kind of            The second factor that determines the
                         would take and the thousands of dollars it      character you admire and respect. Look for a     influence of a mentor on your life is the
                         would cost to learn what you need to learn      person who has high degrees of intelligence,     willingness of the mentor to help you in
                         all by yourself.                                integrity, judgment and wisdom. The more         every way possible to achieve your goals.
                                                                         you associate with men and women who             We know that the more emotionally involved
                         M.R. “Kop” Kopmeyer, a respected success        are advanced in the development of their         someone is in our lives, the more susceptible
                         authority, once told me that perhaps the        character, the more you will tend to pattern     we are to being influenced by that person.
                         fastest way to get ahead was to study the       them and to become like them.                    When you seek out a mentor, you must look
                         experts and to do what they do, rather                                                           for someone who genuinely cares about you
                         than trying to learn it all by yourself. In     The second quality you look for in a mentor      as a person and who really wants you to be
                         fact, he mentioned that no one lives long       is competence. This means that the person        successful in your endeavors.
                         enough to learn everything he needs to learn    is extremely good at what he or she does. A
                         starting from scratch. To be successful, we     good mentor in your career is one who has        Next month, we’ll look at steps necessary
                         absolutely, positively have to find people       the knowledge, skills and abilities to move      to build a successful mentor-protégé
                         who have already paid the price to help         ahead far more rapidly than his or her peers.    relationship.
                         us learn the things that we need to learn to
                         achieve our goals.                              The impact of a mentor on your life is           Brian Tracy is the chairman and CEO
                                                                         dependent on two additional factors. The         of Brian Tracy International. He can be
                         The mentors you choose should be people         first is your degree of openness to being         contacted at 866.300.9881, or by e-mail
                         you respect, admire and want to be like.        influenced by another person. Openness is so      at btracy@autosuccessonline.com.




                                                                                                                                                                           11




                                                                                        the #1 sales-improvement magazine for the automotive professional
FS
featuresolution
                                                                                                                                                                                                                                                                                    delivers a defined acquisition.
                                                                    Hitting the Jackpot...                                                                                                                                                          CLICK HERE:
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                                                                                                                                                                                                                                                                                    This may appeal to a dealership that is testing
                                                                                                                                                                                                                                   2007 BMW 7 SERIES                                an online campaign generally targeting niche



                                                                    Digital Ads!
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                                                                                                                                                                                                                            2007 BMW                                                Many Dealers are realizing that online
                                                                                                                                                                                                                            7 SERIES                                                marketing is now their best investment and
                                                                                                                                                                                                                                                                                    are shifting budgets from traditional media
                                                                    DaymondDecker                                                                                                                                                                                                   to digital initiatives including Digital Ad
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                  Are your dealership’s advertising strategies      These results demonstrate that auto retailers     Digital Ads are now all the buzz. We are now
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                                                                                                                                                                                                                            8 Cylinder, Black Leather,
                  stakes and align your wager with the hottest      growth in the online automotive audience          by online advertising. Far from being                                                                 Power Everything                                        team at Courtesy Chevrolet San Diego are
                  thing to hit the online strip — Digital Ads.      and the unparalleled opportunity to target        merely wallpaper, eDealers are realizing                                                                                                  LEASE
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                  With over 70 percent of the population in         specific customer prospects and capitalize on      the increasingly rich online ad formats are                                                                                                                   the remainder of 2007, and on into 2008. So
                  North America now utilizing the Internet as       driving more of the exact types of customers      effective in sparking the interest of car buyers                                                                                                              far in 2007, they have increased their self-
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                  their dealership’s Sales, Finance, Service and    The No. 1 rule is to know the game. Luck comes    highest conversions into showroom traffic,          Another tremendous advantage of Digital                  eliminate under-performing ads before they        party lead suppliers.
                  Parts Departments.                                and goes, but knowledge stays forever. With       completed lead forms and telephone calls.          Ads over traditional print ads is the capability         waste away your advertising dollars.
                                                                    the right message, the right placement and        In other words, the right online ads generate      to infuse dynamic media enrichment like                                                                    On the House: Co-Op Advertising
                  Dollars and Sense                                 the right marketing strategy, your dealership     sales and profits.                                  audio, video and animation to better highlight           Business Mechanics of Digital Ads                 If you are leery about your investment in
                  By the end of 2007, trends indicate that nearly   can make every online initiative payoff with                                                         your dealership’s specials. It’s like a TV               Every dealership must spend money to sell         Digital Ads, how about letting your OEM
                  $30 billion will be spent in North America for    increased sales and profits. This brings us to     Understanding the basics of Digital Ads            commercial infused into your newspaper                   cars. Spend aggressively, but spend smart by      foot some of the cost? Through an online
                  online marketing, a mere drop in the bucket       rule No. 2: Consult a professional. Consulting    will help your dealership in designing and         ad and then click-enabled to become an                   knowing the market and mechanics of Digital       cooperative advertising management strategy,
                  compared to the nearly $40 billion forecast       a qualified Digital Advertising professional       implementing an effective and lucrative            advertisement on steroids — a virtual 800-               Advertising. The basic business model of          dealers can capitalize on the marketing muscle
                  for 2010. The United States, together with        is crucial to the success of your dealership’s    online strategy for each dollar of Digital Ad      pound gorilla in the world of advertising.               the Digital Ad is simple. Different payment       and advertising incentives of their OEM.
                  Canada, currently support an historical 233       Digital Ad strategy. Many Digital Advertising     budget.                                                                                                     models can be used depending on the primary       Many dealers are not aware that the same co-
                  million Internet users. Research by eMarketer     and closely related Search Engine Marketing                                                          Marketing Your Digital Ads                               goal of your dealership’s campaign.               op advertising reimbursements are available
                  indicate trends that online advertising will      (SEM) firms make promises but are unable           What is a Digital Ad?
                                                                                                                                                                         The placement of your Digital Ad is crucial                                                                not only for traditional media, but for Digital
                  more than double as a percentage of total         to deliver satisfactory results because they      Digital Ads are the most popular form of                                                                    • Cost per Thousand/Cost per Impression -
                                                                                                                                                                         to its success. Post your ads on sites visited                                                             Ads as well. Courtesy Chevrolet participates
                  media as car dealers and other advertisers        lack both basic knowledge and a deep              advertising on the Internet, and I’m sure                                                                   CPM refers to Cost Per Thousand and CPI to
                                                                                                                                                                         by your potential customers. If you’re                                                                     in all areas of OEM co-op advertising and
                  learn how to spend their marketing budgets        understanding of the latest trends that drive     you’ve seen more than your fair share of                                                                    Cost Per Impression. Each time a user views
                                                                                                                                                                         promoting Ford Mustangs, buy space on sites                                                                commonly receives over $3,000 a month in
                  smarter instead of just bigger.                   successful online automotive marketing            Banners, Skyscrapers, Leaderboards and                                                                      a Web page, that constitutes one impression.
                                                                                                                                                                         visited by college students like YouTube or                                                                refunds.
                                                                    initiatives. For example, how many SEM            Squares of various sizes. A Digital Ad is a                                                                 Typical CPMs for less-targeted inventory
                  The demand for online advertising is booming,                                                       high-impact graphic or video ad displayed          MySpace. The quality of leads generated
                                                                    providers capitalize on your OEM’s current                                                                                                                    can range from $0.25 to $5.00 per thousand        ‘No Gamble’ Guarantee
                  and the increasing numbers of dealers who                                                           within high-traffic Web sites, like CNN.            from targeted markets generally yield higher
                                                                    incentives and rebates in order to increase                                                                                                                   impressions. Therefore, a dealership that         The unparalleled advantages of Internet
                  are channeling advertising budgets away                                                             com, that prospective and existing dealership      click-throughs and are more likely to result in
                                                                    the QUALITY of traffic they are driving into                                                                                                                   wants to purchase 100,000 impressions at a        marketing have given birth to a whole new
                  from traditional media and implementing                                                             customers see when a page loads within an          increased sales and greater ROI.
                                                                    your Web sites and landing pages?                                                                                                                             $5 CPM will sign a contract for $500. If you      realm of advertising for dealerships. Whether
                  digital marketing strategies are skyrocketing.                                                      area around the dealership’s local address         To post a Digital Ad, you can do either or all           buy space on a targeted site that is popular      it be through a non-animated display of the
                                                                    Amateur-created online Digital Ads such           (geo-targeted) or targeted region. This            of the following:                                        with car enthusiasts who are in an attractive     dealer’s logo or expandable Skyscraper,
                                                                    as Banners, Leaderboards, Skyscraper and          Digital Ad commonly advertises a make or            • Pay publisher sites to post your ads                  demographic for your dealership, you can          Digital Ads are helping dealerships to
                                                                    inline GIF and JPG images are okay, but if        model, and it can also be used to promote           • Pay an Ad Network to post the ad                      expect to pay up to 10 times the rate of          successfully reach customers in a targeted,
                                 Tips for                           you’re like most dealers, odds are that you       seasonal events, fuel economy, sales events,                                                                untargeted ad inventory.                          cost-effective and measurable way.
                                                                    will want some professional help in this          special finance services or incentives such as
                      Digital Ad Payoffs                            highly volatile and competitive industry of       low APRs, Trade-In assistance and factory
                                                                                                                                                                         The most effective and cost efficient
                                                                                                                                                                         manner to distribute Digital Ads is through              • Cost per Click - CPC is normally associated     When you gamble, your risk is determined by
                                                                    online automotive retailing where there are       rebates. A Digital Ad is simply a form of                                                                   with paid Search Marketing; however Digital       chance. With the right partner and the right
                                                                                                                                                                         an Ad Network. The role of the modern
                  1.    Use enticing shapes/colors                  many ads competing for viewer attention.          customer communication and a portal into                                                                    Ads can be priced this way when the aim is to     online marketing strategy, the only chance
                                                                                                                                                                         Internet Advertising Network is to transact,
                                                                    Look for industry experts who can match their     your sales funnel.                                                                                          drive traffic. CPC pricing models are based        involved with Digital Advertising is the
                  2.    Create catchy headers                                                                                                                            serve, track and report the distribution of
                                                                    expertise with your dealership’s inventory,                                                                                                                   on paying only for those ads that experience      chance to promote and grow your dealership,
                  3.    Incorporate animation                                                                                                                            Digital Ads from advertisers to publishers
                                                                    branding and local market reputation in a         How Do They Work and Why                                                                                    a “click-through.”                                boost profits, and increase ROI. With the
                                                                                                                                                                         using an efficient, interactive marketplace.
                  4.    Use creative designs                        manner that serves your store’s marketing         are They There?                                    Large Ad Networks include a combination
                                                                                                                                                                                                                                                                                    right marketing combination and the right
                  5.    Choose optimal placement                    mission by creating and distributing into the     An online Digital Ad can be very similar                                                                    • Cost per Acquisition (Cost per Lead) - Cost     team, you can turn your online investment
                                                                                                                                                                         of search engines, media companies and
                                                                    right Web sites the most innovative, attention-   to a traditional ad you would place in a                                                                    per Acquisition (or Lead) is a pricing model      into a sure bet with a big payoff.
                  6.    Engage with interaction                                                                                                                          technology vendors.
                                                                    grabbing graphic content.                         newspaper or magazine; but, there is a                                                                      based on paying for direct results. This
                  7.    Rotate banners regularly                                                                      huge bonus available: the added ability to         Always have more than one ad to promote                  model takes many forms (leads, sales, etc.)
                  8.    Target your banners                         Fundamentals of Digital Ads                       transport a potential customer directly to a       each vehicle. A Digital Ad usually burns out             and is increasing in popularity due to the ease   Daymond Decker is the product marketing
                  9.    Monitor banner performance                  Through the rise, fall and resurgence of          Landing Page, Microsite, or a Deep Link,           after a surfer has seen it three times. If your          of implementation and accounting compared         manager for ADP Digital Marketing. He can
                                                                    online display advertising, eye-catching          such as into the inventory of your Virtual         click-through is steadily declining, then it is          to traditional media. This model is great for     be contacted at 866.507.9577, or by e-mail




                                                                                                                                                                                                                                                                                                                                      13
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                  10.   Do your math                                and exciting multimedia-enriched animated         Dealership. Just imagine your customer             time to rotate your Digital Ads.                         dealerships, as you pay only when an ad           at ddecker@autosuccessonline.com.
STS

                                                                                Failing Forward
                                                DebbieAllen
sales&trainingsolution




                                                                                     Successfully     Can Mistakes Actually be Good for You?
                                                 Hopefully, you make      allow the fear of failure to stop them from      success, but until success is compared with
                                                 a mistake now and        achieving their goals.                           failures — people don’t truly understand the
                         again, because failure can actually be good                                                       whole story of how business works.
                         for you. If you haven’t made any mistakes        If you study the failure and challenges of
                         for a while, you may be playing it too close     business, you will discover the ultimate         Why Don’t They Teach Failure In
                         to your comfort zone and not stretching          success secrets of any enterprise. These are     School?
                         yourself far or fast enough to achieve high      the key lessons we all must learn to grow        Failures tend to disappear from business
                         level goals. To aim high, you must accept        and expand our opportunities in life.            education curriculum. Information about
                         some of the risks that go along with learning                                                     business failures is often scarce or ignored
                         something new.                                   If you want to create shamelessly fabulous       completely, yet it is inevitable. On the other
                                                                          success, study all the failures.                 hand, information on successful companies
                         Risks come with the acceptance that you                                                           and their success strategies is in generous
                         will make some mistakes along your journey       Most highly successful people were not           supply.
                         towards your wish. But you will want to          successful from the beginning; they had to
                         avoid making costly mistakes or making           struggle a little or a lot to reach their peak   Companies that pursue unsuccessful
                         the same mistake over and over again. Use        potential. Walt Disney, for example, was         strategies either change their business
                         good common business sense.                      actually fired from his first job because he       strategies or they go out of business. A
                                                                          was told that he was not creative enough.        successful company is described as having
                         Everyone has their share of challenges. You                                                       used visionary management and innovative
                         will constantly be tested in life when new       Not creative enough? Luckily, he didn’t          marketing strategies while a failing business
                         challenges arise or you grow, change and         listen to his clueless boss and trusted his      is accused of poor business management
                         develop in life.                                 own innovative ideas.                            and overall bad business skills.

                         You will always be challenged with new           Believe and trust your innovative ideas,         So why don’t we teach future entrepreneurs
                         areas of your life that stretch you past your    too.                                             more about failure? Wouldn’t that save us
                         current abilities and expertise. It may be                                                        a ton of money from mistakes that could
                         making the next big sale, starting a new         We all have a tendency to focus on success       have been avoided in the first place? Can
                         business, beginning a new relationship or        and fear failure when things don’t go as         you imagine telling your banker to add an
                         working through a new opportunity that is        planned. So don’t be too hard on yourself        additional $20,000 for the mistakes that you
                         full of not only excitement, but extremely       if you feel that you are making too many         plan to make in your new business venture?
                         difficult challenges, as well. Yet all failures   mistakes to make it to the top. Hang in there    They would think you were crazy. Yet that
                         will help you learn more about yourself and      and be patient. Once you overcome the            is exactly what is going to happen while you
                         help you in turn to build your self-esteem at    challenge you won’t have to do it again and      develop the business.
                         the same time.                                   you will be failing forward faster.
                                                                                                                           You simply must make mistakes and
                         Learn From Your Mistakes and                     Success takes time, just as it takes time for    overcome challenges to see what works and
                         Move On                                          you to adjust and learn new skills. But, be      does not work in life. It is necessary to make
                         Actually I don’t even like the word              aware that mistakes will continue to happen      mistakes to improve, both personally and
                         “mistake.”                                       even after you have reached a high level of      professionally.
                                                                          success.
                         I believe that mistakes are simply challenges                                                     Mistakes are in deed good for you when
                         in disguise. Realistically, most of us don’t     You will always need to be learning              they place valuable lessons in front of you
                         get it right the first time around. Successful    something new in business to stay fresh,         and teach you how to leap over challenging
                         people make mistakes all the time, but the       innovative and on top of your game. So           hurdles.
                         only difference is that most of the failures     when you think you have it all figured out
                         go unnoticed because they don’t give up and      and have made all the mistakes you need to
                         they keep on going.                              make to learn, something will challenge you
                                                                          again and test your confidence.
                         Successful people make it look easy. It’s
                         easy looking in from the outside. We don’t       Mistakes and challenges are going to occur
                         often notice or acknowledge their failures.      anyway, so the sooner you learn from them,
                         Successful people evaluate their failures,       the sooner you will become more successful
                                                                                                                           Debbie Allen is an author and
                         come up with new solutions to the challenge      in whatever you want to do.                      professional speaker. She can be
                         and try again — this time more educated
14




                                                                                                                           contacted at 866.467.4104, or by e-mail
                         than the first. Successful people also don’t      Most people tend to reach conclusions about      at dallen@autosuccessonline.com.

 www.sellingsuccessonline.com
STS
                                                  SeanV.Bradley
sales&trainingsolution




                                                  Personal Success
                                                Dealers and managers          spending $5,000 per month or $60,000 per           want you to tell everyone in your dealership
                                                are fond of telling           year on sales consultants that are untrained       — your associates, managers, your owner,
                         their employees that the car business is             or poorly trained. That makes no sense to me.      everyone. It’s NOT just for your dealership
                         like owning your own business. Oh, really?           Dealers should invest wisely on recruiting         or business success. It will be your roadmap
                         What exactly does that mean? I remember              the RIGHT employees for their team. It is a        and compass for your life, professional and
                         my GM getting me all excited during our              huge red flag when your store spends more           business success.
                         Saturday meetings telling me that I had              on balloons or some hokey advertising or
                         my very own business; but minus all of the           give aways than on education and personal          Get a piece of paper and draw three boxes.
                         headaches and expenses. He used to tell us           development of its most valuable assets, its       Yes, a square, another square and one more.
                         that the more we put into it the more we get         people.                                            You should be looking at three side by side
                         out of it. Sound familiar? I am sure it does.                                                           squares on your sheet.
                                                                              Dealership sales teams should be trained on:
                         You may have heard the same speech or given           • Product knowledge                               Label Box 1 “Goal”
                         that speech word for word. To a certain extent        • Standard Operating Procedure
                         I agree. Selling cars is like owning your own         • Objections & Rebuttals                          Box 1 is simple: It states the goal. Let’s say
                         business in that you get paid commissions             • Psychology                                      for this example, your goal was to be the No.
                         based on the work you produce — that is, the          • Strategy                                        1 Internet Sales Manager in the WORLD.
                         cars sold. When you own your own business             • Communication                                   That is exactly what you are going to put in
                         you generate revenue when someone buys                • Technology & the Internet                       Box 1 — No. 1 Internet Sales Manager in the
                         your product or service.                              • Organization                                    world. Put your specific goal there.
                                                                               • People Skills / Problem solving
                         I know several talented sales professionals             / Dealing with difficult people or               In Box 2 we want to define the goal. This will
                         making over $200,000 a year selling cars on             situations                                      take some more thought on your part. I hear
                         the showroom floor. But those individuals              • Networking and the LOST ART of                  all the time someone wants to be the best at
                         are a small percentage of the over 230,000+             Prospecting                                     this or that, but what does that really mean?
                         automotive sales people at new car dealerships                                                          You need to really understand what it is that
                         in the U.S. The problem is that most sales           Your people should be motivated and                you are trying to do in order to do it. An
                         people, whether they work on the showroom            compensated for proactive professional             example of some elements in this box might
                         floor or in the Internet or BDC area, don’t           development. For example, some of our              state:
                         know how to run their own businesses.                dealers reward their people for reading             • Highest gross with online customers
                                                                              relevant business books like Stephen Covey’s        • Fastest response time
                         When you start and run your own business,            “The 7 Habits of Highly Effective People” or        • Highest CSI online
                         you usually have some experience in the              Seth Godin’s “Purple Cow,” or for reading           • Most volume online
                         business you are starting or have a support          articles in magazines like AutoSuccess or           • Most knowledge of Internet sales —
                         network to guide you through the initial             keeping up with the content in professional            third-party lead source provider sites,
                         start-up phase. It really isn’t fair to expect       newsletters from companies like Dealix or              most knowledge of industry info sites
                         someone to be able to sell cars on the floor          Carsdirect. The point is you need to create            like Edmunds.com, Kelly Blue Book,
                         or in an Internet department just because you        a culture of education and professional                Carfax, etc.
                         gave them a brochure and told them to take           development in your store. Instead of hand-         • Most knowledge and utilization of
                         ups, or because you have a computer and are          me-down magazines from the Dealer or GM,               dealership technology, such as the
                         buying leads for them. I travel all over the         make your staff order subscriptions from               dealership Web site and ILM/CRM
                         country and overseas, training and consulting        ALL of the magazines, and make them sign            • Highest customer retention with online
                         for dealerships and it still amazes me to see        up for all of the blogs and newsletters (most          customers
                         that most dealerships have very little — if          are FREE).                                          • Always cutting edge — setting trends
                         any — training other than what the OEM                                                                      not just following them. Staying one
                         mandates for product certification. When              Think about Tiger Woods who swings 1,000               step ahead of competition.
                         dealers do invest in training it usually trains      practice strokes for EVERY live stroke in           • Highest ROI — least amount of money
                         their team on the basics: the road to the sale,      tournaments. What about a boxer? How                   spent BUT MOST profit made online.
                         and the six- or 10-step program that has been        many jabs or hooks do you think he throws in        • Highest certification achieved — OEM,
                         in existence for the last zillion years.             practice? Now, think about how many times              NADA / NCM / State associations,
                                                                              your people are role playing, drilling trying          etc.
                         Most dealers pay lip service to the fact they        new word tracks, objections and rebuttals?          • Industry recognition — covers of
                         say that their people are their most important       Throw away your checker boards in your                 magazines, awards, interviews, fame,
                         resource. I think it is truly a shame that dealers   dealership and start playing chess. Get your           etc.
                         don’t invest in their own people. The average        team to think strategically.                        • Create       an    amazing      working
                         dealership spends approximately $50,000                                                                     environment.
                         per month in advertising and the average             I am going to give you a simple but                 • Happy at work and content where you
18




                         dealership has about 10 sales consultants            extremely powerful system for personal                 are at.
                         on the floor. That means that dealers are             success. I invite you to try this exercise and I    • The ability to evolve — able to
 www.sellingsuccessonline.com
measure and benchmark performance            as far as you want to go with technology. You      recap, the first box states the goal, second
     and constantly evolve to the next level      can set up your ILM/CRM so it can help your        box defines that goal and the third box road
     of success.                                  dealership realize its goal. Let’s say you get a   maps how to get you there.
 •   Able to make a ton of money for your         lead but are too busy to respond immediately.
     dealership at the same time able to cut      You can set up your ILM/CRM to forward             If you would like any assistance in creating
     expenses and increase ROI.                   the prospect to the next available Internet        your roadmap to personal success, feel free
 •   Create a network of strong Internet          salesperson if you don’t respond in a certain      to e-mail me and it would be my pleasure to
     managers and BDC directors that you          amount of time. This will ensure response          get you started on the road to success.
     can rely on, such as an Internet 20          time integrity. There are other solutions
     group.                                       as well, like call connect. This allows the
 •   Have the best dealership Web site on         prospect to submit a lead and be directly
     the planet in look, feel, technology and     connected with an available person instantly
     highest conversions.                         in real time.                                      Sean V. Bradley is the CEO and founder
 •   Have the best ILM/CRM — set-up,                                                                 of Dealer Synergy. He can be contacted
     content, processes, e-mail templates,        This exercise can be very powerful to your         at 866.893.1394, or by e-mail at
     phone scripts, objection/rebuttals, etc.     personal success at work or at home. To            sbradley@autosuccessonline.com.
 •   Know what to do, when to do it, how to
     do it and WHY you are doing it.

Now on to Box 3, where the rubber really
meets the road. I would like you to develop
your personal action plan on how you are
going to make everything in Box 2 happen
and when. Go through the items in the
previous box bullet point by bullet point.

For example: If one of my goals was to have
the most knowledge of third-party providers
or Internet Web sites that a prospect might
search on, then I would need to research
all of those sites. I would create a schedule
for my week and during the week I would
allocate ample time to research all of these
sites. I might start by simply going to these
sites that I know about, such as AutoTrader
and Carsdirect.com, and go through the
entire site like I was a prospect searching for
my new vehicle. I might even mystery shop
these sites and my competitors to see how
other dealers respond and to see exactly what
my prospects go through.

I wouldn’t stop there. I would also call my
local vendor sales reps up and have them
come into the dealership and thoroughly
explain their Web site and find out details
and best practices directly from them.
Specifically, I would ask them what their
best dealers are doing to be the best. I would
even ask them what their worst dealers are
doing and why. You want to learn what the
best are doing so you can emulate them and
find out what the worst are doing so you can
avoid their mistakes.

Another example: If your goal is to have the
fastest response time, then you need to make
sure that you call ALL of your prospects
immediately. This can be accomplished
two ways. First, you can just incorporate
that into your standard operating procedure,
that you will be constantly vigilant for fresh
leads so you can respond immediately or
close to immediately. Another way to ensure
rapid response time is through utilization of
technology. You can set up paging notification
                                                                                                                                                    19




which notifies you instantly that there is a
new prospect in your queue. You can take it
                                                                 the #1 sales-improvement magazine for the automotive professional
MS
                                                                              Is This As
                                                            RalphPaglia




                               marketingsolution
                                                                            Good As It’s
                                                                            Going to Get
                                                            There is a lot       this form and don’t forget to click on the
                                                            of vendor noise      SUBMIT button!”
                                    going on right now, and it can be difficult
                               to separate the fact from fiction. Many            J. D. Power and Associates reports that for
                               dealers don’t really understand transactional     the past four years the number of online car
                               Web sites and what they are capable of, or        buyers who are able to resist the above-value
                               they don’t know who they can trust to give        proposition has been consistently around 80
                               them the correct guidance. This emerging          percent. There is a profound message that
                               auto retail capability is more important than     car buyers are telling us about the current
                               just selling Web sites. Evidence shows that       obsession we have with “Leads, Leads,
                               consumers are using the Internet for more         Leads are the most wonderful fruit, the more
                               than just research. Consumers are buying          you eat, the more you…”
                               parts, accessories, service warranties and
                               vehicles directly through dealers’ Web
                               sites after those sites are equipped with           The disconnect I
                               eCommerce features using “My Account”               see is that for the
                               capabilities. Clearly more car buyers will
                               discover how easy it is to buy a car as the
                                                                                   last 20+ years,
                               shopping cart eCommerce model becomes               we have used
                               more prevalent among dealership Web sites.          the Internet as if it
                               With that said, here is my question for you:
                                                                                   were some type of
                               Are Internet leads, and the methods, strategies     billboard on what
                               and gimmicks used to harvest them, as good          we used to call
                               as it is going to get for manufacturers and
                               dealers selling vehicles online? With all
                                                                                   the Information
                               of the vast methods, strategies and tactics         Superhighway
                               that we use to generate and harvest Internet
                               leads, anything that attracts a consumer          These issues were dealt with long ago
                               to a dealership qualifies as a harvesting          by eDealers like Courtesy Chevrolet in
                               technique. But, what about actually letting a     Phoenix, Anderson Honda in Palo Alto, and
                               car buyer, well, buy a car?                       Jay Wolfe Toyota in Kansas City. These
                                                                                 top-performing dealers are utilizing digital
                               We talk about operating efficiencies, and          marketing products that empower them with
                               arm ourselves to the rafters with all manners     transactional eCommerce Web sites. Cars
                               of technology, people and best practices          get sold directly from the “Deal Builder”
                               to handle all these expressions of interest.      function within “My Quotes” which includes
                               There is absolutely nothing wrong with any        credit, tiered interest rates, trade-in values,
                               of this, (as long as the RFID is sterilized       tax, title, fees, accessories, extended service
                               first) but if I see one more Professor Gadget-     contracts, protection plans, disclosures and
                               designed auto retail “solution” that doesn’t      accurate monthly payments. Dealerships
                               actually make it easier to sell or buy a car,     get the selling opportunity regardless as to
                               I think that a seizure may be imminent. Car       which step in the process each consumer
                               companies and the dealerships they supply         feels comfortable completing. Each “My
                               exist to design, build, distribute, market and    Account” created generates a highly qualified
                               sell cars. The disconnect I see is that for the   and genuine lead.
                               last 20+ years, we have used the Internet as
                               if it were some type of billboard on what we      Ensure the profitability and competitiveness
                               used to call the Information Superhighway         of your dealership by evaluating and trying
                               (does anyone remember that phrase?). We           new things.
                               have limited our use of this amazing two-
                                                                                 Ralph Paglia is the national director
                               way channel to something along the lines of       of digital marketing solution for ADP
                               “Here we are! Drive to our showroom Right         Dealer Services. He can be contacted at
                               Now…,” or, “Call this phone number Right
20




                                                                                 866.883.9250, or by e-mail at
                               Now…,” or, “C’mon, go ahead and fill out           rpaglia@autosuccessonline.com.

www.sellingsuccessonline.com
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AutoSuccess Dec07

  • 1. Sell What It Does, Not What It Is Volume 6 • Issue 6
  • 2. WE’RE PROUD TO SAY WE’VE DONE SOMETHING COMPLETELY NEW. “Highest in Dealer Satisfaction With Online Buying Services For New Vehicle Leads” OF COURSE, WE HAVEN’T FORGOTTEN WHAT GOT US HERE. “Highest in Dealer Satisfaction With Online Buying Services For Used Vehicle Leads, Two Years in a Row” This honor says a lot. It says that car dealers appreciate our service. It says that we help generate business. And as the only company to earn these awards for both new and used car services, it says that we keep improving our service. That’s something we will continue to do. We want to thank our dealers for helping us earn these awards. They’re more examples that show What We Do Works. For information, call 877-261-9418 or visit awards.autotrader.com today. ©2007 AutoTrader.com, Inc. All Rights Reserved. “AutoTrader.com” is a registered trademark of TPI Holdings, Inc. used under exclusive license. AutoTrader.com received the highest numerical score for used vehicle leads in the proprietary J.D. Power and Associates 2006–2007 Dealer Satisfaction with Online Buying Services Studies. 2007 study SM based on 1,758 dealer evaluations in May–June 2007. AutoTrader.com received the highest numerical score for new vehicle leads in the proprietary J.D. Power and Associates 2007 Dealer Satisfaction with Online Buying Services Study. Study based on 1,758 dealer evaluations in May–June 2007. Your experiences may vary. Visit jdpower.com. SM
  • 3. Over 2 Million Vehicles Processed Daily Visit Us at NADA 2008! Booth 3601 West HomeNet 866.653.1155 220 Willowbrook Lane | West Chester, PA 19382 www.homenetinc.com | salesteam@homenetinc.com 23 egap no elcitra ruo eeS
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  • 6. Artful Questioning 8 TomHopkins Getting What You Want From People How to Get Buy-In, Follow Through and Enthusiastic Participation on Projects, Tasks and Goals 10 PattiWood on the cover The Value of Mentors 11 BrianTracy Hitting the Jackpot...With Digital Ads! 12 DaymondDecker Failing Forward Successfully Can Mistakes Actually be Good for You? 14 DebbieAllen Personal Success 18 SeanV.Bradley Is This As Good As It’s Going to Get 20 RalphPaglia The Power of Now 22 MarkTewart Exceed the Online Customer’s Expectations 26 LisaKeller What Does it Take to Succeed in Sales 30 MichaelYork Two Words That Can Make a Difference 32 JesseBiter Internet Sales 20 Group 36 SeanV.Bradley Dump Your Sales Slump 38 RalphR.Roberts helping to support... God is the source of all supply Hebrews 12:1 - Let us run with endurance the race that is set before us. Patrick Luck, Editor & Publisher Susan Givens, Vice President Brian Ankney, Sales-improvement Strategist Brian Balash, Sales-improvement Strategist luck43@sellingsuccessonline.com sgivens1@sellingsuccessonline.com super6@sellingsuccessonline.com bb11@sellingsuccessonline.com Thomas Williams, Creative Director Dave Davis, Creative Strategist & Editor Scott Schaeffer, Sales-improvement Strategist God is the source of all supply design@sellingsuccessonline.com ddavis@sellingsuccessonline.com sschaeffer@sellingsuccessonline.com 3411 Pinnacle Gardens Drive | Louisville Kentucky 40245 | phone: 877.818.6620 | fax: 502.588.3170 | www.SellingSuccessOnline.com AutoSuccess Magazine is published monthly at 3411 Pinnacle Gardens Drive, Louisville, Kentucky, 40245; 502.588.3155, fax 502.588.3170. Direct all subscription and customer service inquiries to 877.818.6620 or info@autosuccessonline.com. Subscription rate is $69 per year. AutoSuccess welcomes unsolicited editorials and graphics (not responsible for their return). All submitted editorials and graphics are subject to editing for grammar, content and page length. AutoSuccess provides its contributing writers latitude in expressing advice and solutions; views expressed are not necessarily those of AutoSuccess and by no means reflect any guarantees. AutoSuccess accepts no liability in respect of the content of any third party material appearing in this magazine or in respect of the content of any other magazine to which this magazine may be linked from time to time. Always confer with legal counsel before implementing changes in procedures.© All contents copyrighted by AutoSuccess Magazine, a Division of Systems Marketing, Inc. All rights reserved. Reproduction in whole or part is prohibited without express written consent from AutoSuccess. AutoSuccess may occasionally make readers’ names available to other companies whose products and/or services may be of interest; readers may request that names be removed by calling 877.818.6620. Printed in the USA. Postmaster: Send address changes to AutoSuccess Magazine, 3411 Pinnacle Gardens Drive, Louisville, Kentucky 40245.
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  • 8. STS TomHopkins sales&trainingsolution Artful Questioning Many automotive When salespeople say things like that, involving the shortest time period possible. salespeople who they’re doing nothing more than adding It’s all about the time and convenience of haven’t yet reached the professional stage to the old stereotype of car salespeople as the client. think professional selling is exactly the being right up there with lawyers on the opposite of what it really is. They get started. list of people with whom you least want In fact, there’s a dealership in my local They learn the product and what the special to spend your time. When they use such area that’s bragging about one of the offers are, and then push them on the next aggressive methods, what are they doing? most common objections people have to client who comes into the dealership. They’re pushing, aren’t they? They’re shopping for a new vehicle — the length of nagging, pleading, arguing. They’re telling time required to do it. They are promising When you entered the selling field, you potential clients things they may not care not more than one hour of time to handle all may have thought, “Now my job is to talk to hear. They’re trying to ram obvious self- the paperwork required for an automotive and talk and talk.” So off you go. “Here it serving statements down the future clients’ purchase. One hour from decision to drive- is folks. The single, best answer to your throats. In effect, they are saying, “I’m out away. The only way they can make and keep driving needs. Oh, you’re going to love it. to make you buy something. The only reason a promise like that is to have their sales You’d better get one now before we run out I’m doing that is to put money in my pocket, team gather all the necessary information of inventory.” and I don’t care whether what you buy helps for the paperwork as they discuss the you or not. I’ve got a quota to meet.” various vehicles. They have to ask the right The professional automotive salesperson, questions in order to hear the right answers the true Champion, realizes that people have True Champions, those who make successful to economize on the client’s time. two ears and one mouth, and that they should long-term careers in the automotive business, be used in those proportions. This means realize that telling isn’t selling. Champion Have you ever been surprised at how freely that after talking 10 seconds, you switch salespeople never make people feel they’re you’ve talked to certain salespeople before your mouth off, switch your ears on, and being pushed for the simple reason that they buying from them? They were alert and listen for 20 seconds. This also means that, never push. What they do instead is to lead. interested. You felt comfortable with them. instead of overwhelming your future client They find out by asking questions where Recalling those conversations, you may with your knowledge of the automotive the buyer wants to go. Then, they take them think you were leading and the salesperson industry and your particular line of vehicles, there. was following. Superficially, that may have you encourage them to tell you what they been true. In a deeper sense, however, that know, what they need and what they want. Champions lead their prospects from the professional salesperson was leading all the Let’s compare the two methods. initial contact to happy involvement in way and you were following all the way. new or used vehicles by not talking all The average salesperson sounds something of the time, but by listening most of the How did that happen? The Champion sales like this: time, and by asking artful questions. In all professional encourages you to start off in • “This is the best truck there is on the this alert and pointed questioning, the true your direction of interest. Once you set your market today. Nothing can touch it. professional maintains a friendly attitude of direction, he or she gets smoothly in front and We’ve also got the best deals because interest and understanding that encourages begins to lead you toward any of several open we’re miles ahead of the competition. the prospect to open up and give the desired paths to purchase. When artful questioning You’d might as well get it now and not information freely. reveals which of the several paths is best, the waste your time looking any further.” Champion guides you smoothly and warmly They ask questions about the current vehicle to the best solution they have to offer for your • “Our dealership will do more for you or vehicles they own. They ask about past needs. Because you don’t feel you’re being than any of the others. You really vehicles the clients may have loved. Current sold, you choose to own. should buy from us.” needs — such as length of time on the road, number of passengers, cargo space World-renowned master sales trainer • “This special pricing is only available requirements, safety and economy — are all Tom Hopkins is the chairman of Tom for a few more days. Why waste your considered. Top pros come across as expert Hopkins International. He can be time shopping around? You can’t get advisors whose only focus is on finding contacted at 866.347.6148, or by e-mail anything like this for less.” the right vehicle at the right investment at thopkins@autosuccessonline.com. Log onto autoraptor.com Avoid expensive yearly contracts! Calculate leases, click DEMO LINK Auto Raptor is a AUTO RAPTOR monthly web finance, and subscription starting at to play and experiment with Auto Raptor today! $395 per month cash deals within (includes all updates). Auto Raptor’s CRM The Ultimate Automotive Then sign up for a FREE 30 day trial & CRM & DeskTool by clicking FREE TRIAL! 1.866.583.1434 8 www.sellingsuccessonline.com
  • 9. From the Desk of Mark Tewart, President Tewart Enterprises Inc • Tewart Management Group Inc. “I Will Guarantee You That I Can Make 3 Out of Every 10 of Your Credit Turn Downs Buyable” It’s as close to growing money on trees • Motivate lenders for faster and deeper that you will ever experience. approvals In fact, I can do even better... • Develop tremendous customer loyalty and customer referrals I will probably get 5 out of every 10 of your credit turn downs buyable because... Would you agree that the single greatest I have a PROVEN, copyrighted, trade- challenge you face today in order to maxi- marked and proprietary system for making mize every sales opportunity and your your credit turn downs buyable and I will gross profit is your customers’ credit and prove it to you. their credit scores? Yes, it’s legal, ethical and meets ALL guide- What impact would you see in your opera- lines. This is a credit improvement program tion if your customers could legally have MARK TEWART that is proven and gets results. It is NOT a their credit scores increased by 50,100, credit repair program. Don’t confuse the Industry Consultant even as much as 250 points with your two. Often the so-called credit repair pro- credit reporting agencies — all according grams are shams and scams based upon monthly — guaranteed to Federal Law and with a money back fleecing people with poor credit. • Stop paying outrageous fees to special guarantee? financing companies I can prove to you exactly how it is doing • Increase your gross profits How much would it be worth if 30% to what I am telling you right now at current • Turn “eventual customers” into deliveries 50% of your “turned down” credit applica- dealerships. TODAY tions became vehicle sales from YOUR You can speak directly to the dealers and • Tie the customer to you...to the extent dealership? see for yourself. they MUST purchase from you • Reduce staff frustration and manager Look at what dealers are saying about this The results have been mind blowing! valuable profit improvement program: “pre-qualifying” Here’s the Deal “We went from delivering 180 units Everyday you feel the pain of losing cus- to over 300 per month thanks to this tomers and watching money walk out the program” door because you can’t get the customer - Randy Miller, Sales Director approved. Town & Country Ford - Evansville, IN Imagine getting a minimum of 3 of every Call 888 2 Tewart (888 283-9278) / 10 of those deals to be buyable. What 513 932-9526 to get a FREE, No Hassle would that do to your sales, gross profit Presentation and bottom line? • Our dealers are experiencing an aver- Mark Tewart, President age of $4,300 gross profit per copy on Tewart Enterprises Inc. these deals that are getting approved that www.tewart.com were once turned down. On just ten deals that’s an extra $43,000 Gross profit! P.S. Remember, I am guaranteeing in writ- • Deliver more new and used vehicles ing 3 out of every 10 Bonus! Call and schedule your 15 minute, Free, no obligation presentation for your dealership by January 21 and you will receive my Tewart Distance Learning program for FREE for 30 days.* *Demonstration absolutely for Dealers and Manages only please See my article on page 22
  • 10. STS Getting What You PattiWood sales&trainingsolution Want From People How to Get Buy-In, Follow Through and Enthusiastic Participation on Projects, Tasks and Goals Your boss walks for work from them. In fact, you should build crave facts and more facts, but they have into your cubical relationship credits with them every week trouble making decisions because they have and says, “I need that project from you by so, when you really need them, you have so many details to consider. They welcome 2:00,” turns around and walks out. How do relationship credits to draw on when you are documentation, lengthy testimonial and you feel? Well if you’re a get-it-done kind of in dire straights. Also know a warm “hello” statistical evidence that proves your point. person, you might appreciate that he didn’t and a sincere “thank you” are as necessary as Explain until you are blue in the face, and waste your time with niceties and was in and food and water to the Amiable. The Amiable they’ll ask for more. They have great insights out. But if that is not your style, you may get think carefully before taking any action, and and opinions and don’t always get a chance pretty mad. they don’t like change, so you really need to express them out loud, so ask them before to talk them through any new projects or you tell them, “Do it this way” and you will You’re really excited to tell your team you changes in old routines to get them to buy get more buy in. Whether you give them a have a new project. It will require a lot of work in and follow through; otherwise, they will task face to face or through e-mail, they will and the deadline is almost impossible to meet keep doing it the old way or what they may e-mail you back with problems, mistakes without everyone putting in extra hours, but consider the way that has “always worked and why it won’t work. Be prepared and, you’re pumped. You go in smiling and ready before.” They need to feel a sense of security if possible, make sure you deal with their to rock. Speaking with an enthusiastic voice before moving forward. They best way to criticisms face to face, or your project will and lots of gestures and rah-rah language you get work from an Amiable is to become their drag out and weigh down with back-and- tell the team about the project. How do they friend. Make your body language warm, forth conversations and e-mails with what respond? Well if they are fellow expressive smile and make your voice soft and relaxed. non-Analyticals would consider minutia. types, they might jump on the band wagon Even when you think the “deal is done,” they with equal enthusiasm, but if they are get-it- The Expressive or Get Appreciated will want to come back with one more fix. To right analyzers, they are sitting there shaking This type of person wants to be challenged; avoid delays you may even give a deadline their heads thinking of all the details that need they enjoy learning about new, exciting for criticism and say, “Get back to me by this to be taken care of; in other words, all the things. So if you present them with a new date with problems and, after that, no matter mistakes that they will need to fix and how project, they may jump on it just because it is what we will go forward.” To make sure they they will be spending every waking hour for new. But, because they love new stuff, they are receptive, don’t interrupt them; they like the next three weeks. Different people need are easily bored and may not follow through their solitude and prefer to know you will be different delivery styles. on work that requires details or lots of small coming to talk to them rather than having print forms and multiple steps. If you need you just drop by. Make your body language If you have an important idea to communicate that kind of detail work from them, you may appropriate and reserved and your voice to someone at work and you need other have to check back with them or provide slow and low volumed, and allow long silent people’s buy in, you have a task to assign some sort of social interaction or pat on the pauses for them to think before they speak. to someone and you want to make sure they back feedback when they do. For example, follow through, or you want to make sure when they turn in their monthly time sheets The Bottom-liner or Get it Done you will get enthusiastic participation, what’s or travel vouchers on Fridays, let them know This type of person values brevity and makes the best way to present your message? You that they will get to sit and have coffee with quick decisions. They want you to tell them need to consider the personality of the person you. Or instead of e-mailing in work, have short and sweet what you do and what you you are going to talk to and form a message them present it at the weekly meeting. They want them to do. They like summaries and and delivery style that suits them. We often burn hot and cold, so keep your face to face they want to be told their task. Forget the go in to persuade someone using the style or over the phone delivery lively. They like boring details, and for goodness sake don’t of communicating that is comfortable for bold statements, new directions, initiatives, repeat yourself. Make your e-mail requests us. What we need to do is consider is the bright ideas and enjoy a good sense of humor. to them in bullet points. They can juggle personality type of the person we are speaking Expressive types like to lead and influence multiple tasks, but like the feeling of getting a with. Below are the four basic personality others, so if you give them tasks where they task done. You may want to break long-term types of the DISC personality inventory and can get other people on board, you will have detailed projects down into mini-projects for their characteristics. Read what each one a highly motivated worker. And if they are them. They fear a lack of control, so they likes and prepare your message and delivery hip to your project, they will be your rah-rah need to know they are in charge of their part style to match your communication recipients cheerleader and supporter. They like to be of the project. They gain energy from being needs. Understand the underlying traits of the noticed and appreciated; that is like food and in charge and meeting challenges and being four main types, but know that most people water for them and feeds them deeply. forceful and commanding, so know what you are a combination. want, say it and stick to it. Make your body So now you know how to present your ideas language confident and your eye contact The Amiable or Get Along projects and tasks to others. You can get more direct and your voice strong and fast paced. This type of person wants to be your accomplished with a lot less stress. Make friend. They respond to heavy use of the your body language energetic and open and Patti Wood, MA, CSP is a professional word “you” and the promise of an ongoing your voice up-beat and fast paced. speaker, author and coach at relationship. They like warmhearted, friendly Communications Dynamics. She can be 10 conversations and a relaxed pace. Ask about The Analytical or Get it Right contacted at 800.849.3651, or by e-mail their weekend and their kids before you ask This type is smart, careful and accurate. They at pwood@autosuccessonline.com. www.sellingsuccessonline.com
  • 11. STS BrianTracy sales&trainingsolution The Value of Mentors Benjamin Franklin The advice you seek should be guidance important because many people, especially once said, “there are regarding your character and personality young people, are extremely impatient, two ways to acquire wisdom; you can either and specific ideas on how you can do your always looking for shortcuts. When they get buy it or borrow it.” By buying it, you pay job better and faster. Remember, you can’t advice on something that another person has full price in terms of time and cost to learn figure it all out by yourself. You must have spent many years learning, they often try to the lessons you need to learn. By borrowing the help of others. You must find men and add variations and improve on it without it, you go to those men and women who have women who will guide you and advise you having mastered the original instruction. already paid the price to learn the lessons on the road of life, or you will take a long, and get their wisdom from them. long time getting anywhere. Remember, when you open yourself up to guidance and input from another person, This is the essence of the mentor-protégé There are two vital qualities to look for in a concentrate first on understanding and relationship. By going to people who are mentor. The first is character and the second learning exactly what that person has to teach ahead of you in the personal or professional is competence. you. You can then modify and change that arena and opening yourself to their input, lesson to suit your changing circumstances. advice and guidance, you can save yourself Character is — by far — the most important. the many months (maybe even years) it Look for a mentor who has the kind of The second factor that determines the would take and the thousands of dollars it character you admire and respect. Look for a influence of a mentor on your life is the would cost to learn what you need to learn person who has high degrees of intelligence, willingness of the mentor to help you in all by yourself. integrity, judgment and wisdom. The more every way possible to achieve your goals. you associate with men and women who We know that the more emotionally involved M.R. “Kop” Kopmeyer, a respected success are advanced in the development of their someone is in our lives, the more susceptible authority, once told me that perhaps the character, the more you will tend to pattern we are to being influenced by that person. fastest way to get ahead was to study the them and to become like them. When you seek out a mentor, you must look experts and to do what they do, rather for someone who genuinely cares about you than trying to learn it all by yourself. In The second quality you look for in a mentor as a person and who really wants you to be fact, he mentioned that no one lives long is competence. This means that the person successful in your endeavors. enough to learn everything he needs to learn is extremely good at what he or she does. A starting from scratch. To be successful, we good mentor in your career is one who has Next month, we’ll look at steps necessary absolutely, positively have to find people the knowledge, skills and abilities to move to build a successful mentor-protégé who have already paid the price to help ahead far more rapidly than his or her peers. relationship. us learn the things that we need to learn to achieve our goals. The impact of a mentor on your life is Brian Tracy is the chairman and CEO dependent on two additional factors. The of Brian Tracy International. He can be The mentors you choose should be people first is your degree of openness to being contacted at 866.300.9881, or by e-mail you respect, admire and want to be like. influenced by another person. Openness is so at btracy@autosuccessonline.com. 11 the #1 sales-improvement magazine for the automotive professional
  • 12. FS featuresolution delivers a defined acquisition. Hitting the Jackpot... CLICK HERE: Flat Rate Flat Rate means a fixed cost per month With FOR SPECIAL OFFERS ON regardless of traffic or amount of impressions. This may appeal to a dealership that is testing 2007 BMW 7 SERIES an online campaign generally targeting niche Digital Ads! markets. Catch the Fever 2007 BMW Many Dealers are realizing that online 7 SERIES marketing is now their best investment and are shifting budgets from traditional media DaymondDecker to digital initiatives including Digital Ad marketing strategies. It’s impossible to ignore the results. $399 Are your dealership’s advertising strategies These results demonstrate that auto retailers Digital Ads are now all the buzz. We are now paying off? If not, it’s time to review the have the sense to recognize the continued accustomed to seeing a Web page bordered The eBusiness staff and the entire management 8 Cylinder, Black Leather, stakes and align your wager with the hottest growth in the online automotive audience by online advertising. Far from being Power Everything team at Courtesy Chevrolet San Diego are thing to hit the online strip — Digital Ads. and the unparalleled opportunity to target merely wallpaper, eDealers are realizing LEASE excited about their continued progress for With over 70 percent of the population in specific customer prospects and capitalize on the increasingly rich online ad formats are the remainder of 2007, and on into 2008. So North America now utilizing the Internet as driving more of the exact types of customers effective in sparking the interest of car buyers far in 2007, they have increased their self- a means of communication and shopping for they want into their showroom floors, Web and encouraging them to spend a significant generated percentage of total Internet leads products and services, eDealers are hitting sites and telephones. amount of time interacting on the Web site reading a newspaper ad, then being able to Make it a point to check on your Digital Ads’ received by 24 percent, and those leads are the jackpot with online display advertising to after click-through. Market research proves touch it and be automatically “teleported” to performance every few days. By monitoring converting into sales at a much higher closing drive significantly more traffic and profits to Rules of the Game that Digital Ads consistently generate the your dealership showroom. That’s powerful. your ads’ performance, you can modify or rate than the leads they purchase from third their dealership’s Sales, Finance, Service and The No. 1 rule is to know the game. Luck comes highest conversions into showroom traffic, Another tremendous advantage of Digital eliminate under-performing ads before they party lead suppliers. Parts Departments. and goes, but knowledge stays forever. With completed lead forms and telephone calls. Ads over traditional print ads is the capability waste away your advertising dollars. the right message, the right placement and In other words, the right online ads generate to infuse dynamic media enrichment like On the House: Co-Op Advertising Dollars and Sense the right marketing strategy, your dealership sales and profits. audio, video and animation to better highlight Business Mechanics of Digital Ads If you are leery about your investment in By the end of 2007, trends indicate that nearly can make every online initiative payoff with your dealership’s specials. It’s like a TV Every dealership must spend money to sell Digital Ads, how about letting your OEM $30 billion will be spent in North America for increased sales and profits. This brings us to Understanding the basics of Digital Ads commercial infused into your newspaper cars. Spend aggressively, but spend smart by foot some of the cost? Through an online online marketing, a mere drop in the bucket rule No. 2: Consult a professional. Consulting will help your dealership in designing and ad and then click-enabled to become an knowing the market and mechanics of Digital cooperative advertising management strategy, compared to the nearly $40 billion forecast a qualified Digital Advertising professional implementing an effective and lucrative advertisement on steroids — a virtual 800- Advertising. The basic business model of dealers can capitalize on the marketing muscle for 2010. The United States, together with is crucial to the success of your dealership’s online strategy for each dollar of Digital Ad pound gorilla in the world of advertising. the Digital Ad is simple. Different payment and advertising incentives of their OEM. Canada, currently support an historical 233 Digital Ad strategy. Many Digital Advertising budget. models can be used depending on the primary Many dealers are not aware that the same co- million Internet users. Research by eMarketer and closely related Search Engine Marketing Marketing Your Digital Ads goal of your dealership’s campaign. op advertising reimbursements are available indicate trends that online advertising will (SEM) firms make promises but are unable What is a Digital Ad? The placement of your Digital Ad is crucial not only for traditional media, but for Digital more than double as a percentage of total to deliver satisfactory results because they Digital Ads are the most popular form of • Cost per Thousand/Cost per Impression - to its success. Post your ads on sites visited Ads as well. Courtesy Chevrolet participates media as car dealers and other advertisers lack both basic knowledge and a deep advertising on the Internet, and I’m sure CPM refers to Cost Per Thousand and CPI to by your potential customers. If you’re in all areas of OEM co-op advertising and learn how to spend their marketing budgets understanding of the latest trends that drive you’ve seen more than your fair share of Cost Per Impression. Each time a user views promoting Ford Mustangs, buy space on sites commonly receives over $3,000 a month in smarter instead of just bigger. successful online automotive marketing Banners, Skyscrapers, Leaderboards and a Web page, that constitutes one impression. visited by college students like YouTube or refunds. initiatives. For example, how many SEM Squares of various sizes. A Digital Ad is a Typical CPMs for less-targeted inventory The demand for online advertising is booming, high-impact graphic or video ad displayed MySpace. The quality of leads generated providers capitalize on your OEM’s current can range from $0.25 to $5.00 per thousand ‘No Gamble’ Guarantee and the increasing numbers of dealers who within high-traffic Web sites, like CNN. from targeted markets generally yield higher incentives and rebates in order to increase impressions. Therefore, a dealership that The unparalleled advantages of Internet are channeling advertising budgets away com, that prospective and existing dealership click-throughs and are more likely to result in the QUALITY of traffic they are driving into wants to purchase 100,000 impressions at a marketing have given birth to a whole new from traditional media and implementing customers see when a page loads within an increased sales and greater ROI. your Web sites and landing pages? $5 CPM will sign a contract for $500. If you realm of advertising for dealerships. Whether digital marketing strategies are skyrocketing. area around the dealership’s local address To post a Digital Ad, you can do either or all buy space on a targeted site that is popular it be through a non-animated display of the Amateur-created online Digital Ads such (geo-targeted) or targeted region. This of the following: with car enthusiasts who are in an attractive dealer’s logo or expandable Skyscraper, as Banners, Leaderboards, Skyscraper and Digital Ad commonly advertises a make or • Pay publisher sites to post your ads demographic for your dealership, you can Digital Ads are helping dealerships to inline GIF and JPG images are okay, but if model, and it can also be used to promote • Pay an Ad Network to post the ad expect to pay up to 10 times the rate of successfully reach customers in a targeted, Tips for you’re like most dealers, odds are that you seasonal events, fuel economy, sales events, untargeted ad inventory. cost-effective and measurable way. will want some professional help in this special finance services or incentives such as Digital Ad Payoffs highly volatile and competitive industry of low APRs, Trade-In assistance and factory The most effective and cost efficient manner to distribute Digital Ads is through • Cost per Click - CPC is normally associated When you gamble, your risk is determined by online automotive retailing where there are rebates. A Digital Ad is simply a form of with paid Search Marketing; however Digital chance. With the right partner and the right an Ad Network. The role of the modern 1. Use enticing shapes/colors many ads competing for viewer attention. customer communication and a portal into Ads can be priced this way when the aim is to online marketing strategy, the only chance Internet Advertising Network is to transact, Look for industry experts who can match their your sales funnel. drive traffic. CPC pricing models are based involved with Digital Advertising is the 2. Create catchy headers serve, track and report the distribution of expertise with your dealership’s inventory, on paying only for those ads that experience chance to promote and grow your dealership, 3. Incorporate animation Digital Ads from advertisers to publishers branding and local market reputation in a How Do They Work and Why a “click-through.” boost profits, and increase ROI. With the using an efficient, interactive marketplace. 4. Use creative designs manner that serves your store’s marketing are They There? Large Ad Networks include a combination right marketing combination and the right 5. Choose optimal placement mission by creating and distributing into the An online Digital Ad can be very similar • Cost per Acquisition (Cost per Lead) - Cost team, you can turn your online investment of search engines, media companies and right Web sites the most innovative, attention- to a traditional ad you would place in a per Acquisition (or Lead) is a pricing model into a sure bet with a big payoff. 6. Engage with interaction technology vendors. grabbing graphic content. newspaper or magazine; but, there is a based on paying for direct results. This 7. Rotate banners regularly huge bonus available: the added ability to Always have more than one ad to promote model takes many forms (leads, sales, etc.) 8. Target your banners Fundamentals of Digital Ads transport a potential customer directly to a each vehicle. A Digital Ad usually burns out and is increasing in popularity due to the ease Daymond Decker is the product marketing 9. Monitor banner performance Through the rise, fall and resurgence of Landing Page, Microsite, or a Deep Link, after a surfer has seen it three times. If your of implementation and accounting compared manager for ADP Digital Marketing. He can online display advertising, eye-catching such as into the inventory of your Virtual click-through is steadily declining, then it is to traditional media. This model is great for be contacted at 866.507.9577, or by e-mail 13 12 10. Do your math and exciting multimedia-enriched animated Dealership. Just imagine your customer time to rotate your Digital Ads. dealerships, as you pay only when an ad at ddecker@autosuccessonline.com.
  • 13. STS Failing Forward DebbieAllen sales&trainingsolution Successfully Can Mistakes Actually be Good for You? Hopefully, you make allow the fear of failure to stop them from success, but until success is compared with a mistake now and achieving their goals. failures — people don’t truly understand the again, because failure can actually be good whole story of how business works. for you. If you haven’t made any mistakes If you study the failure and challenges of for a while, you may be playing it too close business, you will discover the ultimate Why Don’t They Teach Failure In to your comfort zone and not stretching success secrets of any enterprise. These are School? yourself far or fast enough to achieve high the key lessons we all must learn to grow Failures tend to disappear from business level goals. To aim high, you must accept and expand our opportunities in life. education curriculum. Information about some of the risks that go along with learning business failures is often scarce or ignored something new. If you want to create shamelessly fabulous completely, yet it is inevitable. On the other success, study all the failures. hand, information on successful companies Risks come with the acceptance that you and their success strategies is in generous will make some mistakes along your journey Most highly successful people were not supply. towards your wish. But you will want to successful from the beginning; they had to avoid making costly mistakes or making struggle a little or a lot to reach their peak Companies that pursue unsuccessful the same mistake over and over again. Use potential. Walt Disney, for example, was strategies either change their business good common business sense. actually fired from his first job because he strategies or they go out of business. A was told that he was not creative enough. successful company is described as having Everyone has their share of challenges. You used visionary management and innovative will constantly be tested in life when new Not creative enough? Luckily, he didn’t marketing strategies while a failing business challenges arise or you grow, change and listen to his clueless boss and trusted his is accused of poor business management develop in life. own innovative ideas. and overall bad business skills. You will always be challenged with new Believe and trust your innovative ideas, So why don’t we teach future entrepreneurs areas of your life that stretch you past your too. more about failure? Wouldn’t that save us current abilities and expertise. It may be a ton of money from mistakes that could making the next big sale, starting a new We all have a tendency to focus on success have been avoided in the first place? Can business, beginning a new relationship or and fear failure when things don’t go as you imagine telling your banker to add an working through a new opportunity that is planned. So don’t be too hard on yourself additional $20,000 for the mistakes that you full of not only excitement, but extremely if you feel that you are making too many plan to make in your new business venture? difficult challenges, as well. Yet all failures mistakes to make it to the top. Hang in there They would think you were crazy. Yet that will help you learn more about yourself and and be patient. Once you overcome the is exactly what is going to happen while you help you in turn to build your self-esteem at challenge you won’t have to do it again and develop the business. the same time. you will be failing forward faster. You simply must make mistakes and Learn From Your Mistakes and Success takes time, just as it takes time for overcome challenges to see what works and Move On you to adjust and learn new skills. But, be does not work in life. It is necessary to make Actually I don’t even like the word aware that mistakes will continue to happen mistakes to improve, both personally and “mistake.” even after you have reached a high level of professionally. success. I believe that mistakes are simply challenges Mistakes are in deed good for you when in disguise. Realistically, most of us don’t You will always need to be learning they place valuable lessons in front of you get it right the first time around. Successful something new in business to stay fresh, and teach you how to leap over challenging people make mistakes all the time, but the innovative and on top of your game. So hurdles. only difference is that most of the failures when you think you have it all figured out go unnoticed because they don’t give up and and have made all the mistakes you need to they keep on going. make to learn, something will challenge you again and test your confidence. Successful people make it look easy. It’s easy looking in from the outside. We don’t Mistakes and challenges are going to occur often notice or acknowledge their failures. anyway, so the sooner you learn from them, Successful people evaluate their failures, the sooner you will become more successful Debbie Allen is an author and come up with new solutions to the challenge in whatever you want to do. professional speaker. She can be and try again — this time more educated 14 contacted at 866.467.4104, or by e-mail than the first. Successful people also don’t Most people tend to reach conclusions about at dallen@autosuccessonline.com. www.sellingsuccessonline.com
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  • 16. STS SeanV.Bradley sales&trainingsolution Personal Success Dealers and managers spending $5,000 per month or $60,000 per want you to tell everyone in your dealership are fond of telling year on sales consultants that are untrained — your associates, managers, your owner, their employees that the car business is or poorly trained. That makes no sense to me. everyone. It’s NOT just for your dealership like owning your own business. Oh, really? Dealers should invest wisely on recruiting or business success. It will be your roadmap What exactly does that mean? I remember the RIGHT employees for their team. It is a and compass for your life, professional and my GM getting me all excited during our huge red flag when your store spends more business success. Saturday meetings telling me that I had on balloons or some hokey advertising or my very own business; but minus all of the give aways than on education and personal Get a piece of paper and draw three boxes. headaches and expenses. He used to tell us development of its most valuable assets, its Yes, a square, another square and one more. that the more we put into it the more we get people. You should be looking at three side by side out of it. Sound familiar? I am sure it does. squares on your sheet. Dealership sales teams should be trained on: You may have heard the same speech or given • Product knowledge Label Box 1 “Goal” that speech word for word. To a certain extent • Standard Operating Procedure I agree. Selling cars is like owning your own • Objections & Rebuttals Box 1 is simple: It states the goal. Let’s say business in that you get paid commissions • Psychology for this example, your goal was to be the No. based on the work you produce — that is, the • Strategy 1 Internet Sales Manager in the WORLD. cars sold. When you own your own business • Communication That is exactly what you are going to put in you generate revenue when someone buys • Technology & the Internet Box 1 — No. 1 Internet Sales Manager in the your product or service. • Organization world. Put your specific goal there. • People Skills / Problem solving I know several talented sales professionals / Dealing with difficult people or In Box 2 we want to define the goal. This will making over $200,000 a year selling cars on situations take some more thought on your part. I hear the showroom floor. But those individuals • Networking and the LOST ART of all the time someone wants to be the best at are a small percentage of the over 230,000+ Prospecting this or that, but what does that really mean? automotive sales people at new car dealerships You need to really understand what it is that in the U.S. The problem is that most sales Your people should be motivated and you are trying to do in order to do it. An people, whether they work on the showroom compensated for proactive professional example of some elements in this box might floor or in the Internet or BDC area, don’t development. For example, some of our state: know how to run their own businesses. dealers reward their people for reading • Highest gross with online customers relevant business books like Stephen Covey’s • Fastest response time When you start and run your own business, “The 7 Habits of Highly Effective People” or • Highest CSI online you usually have some experience in the Seth Godin’s “Purple Cow,” or for reading • Most volume online business you are starting or have a support articles in magazines like AutoSuccess or • Most knowledge of Internet sales — network to guide you through the initial keeping up with the content in professional third-party lead source provider sites, start-up phase. It really isn’t fair to expect newsletters from companies like Dealix or most knowledge of industry info sites someone to be able to sell cars on the floor Carsdirect. The point is you need to create like Edmunds.com, Kelly Blue Book, or in an Internet department just because you a culture of education and professional Carfax, etc. gave them a brochure and told them to take development in your store. Instead of hand- • Most knowledge and utilization of ups, or because you have a computer and are me-down magazines from the Dealer or GM, dealership technology, such as the buying leads for them. I travel all over the make your staff order subscriptions from dealership Web site and ILM/CRM country and overseas, training and consulting ALL of the magazines, and make them sign • Highest customer retention with online for dealerships and it still amazes me to see up for all of the blogs and newsletters (most customers that most dealerships have very little — if are FREE). • Always cutting edge — setting trends any — training other than what the OEM not just following them. Staying one mandates for product certification. When Think about Tiger Woods who swings 1,000 step ahead of competition. dealers do invest in training it usually trains practice strokes for EVERY live stroke in • Highest ROI — least amount of money their team on the basics: the road to the sale, tournaments. What about a boxer? How spent BUT MOST profit made online. and the six- or 10-step program that has been many jabs or hooks do you think he throws in • Highest certification achieved — OEM, in existence for the last zillion years. practice? Now, think about how many times NADA / NCM / State associations, your people are role playing, drilling trying etc. Most dealers pay lip service to the fact they new word tracks, objections and rebuttals? • Industry recognition — covers of say that their people are their most important Throw away your checker boards in your magazines, awards, interviews, fame, resource. I think it is truly a shame that dealers dealership and start playing chess. Get your etc. don’t invest in their own people. The average team to think strategically. • Create an amazing working dealership spends approximately $50,000 environment. per month in advertising and the average I am going to give you a simple but • Happy at work and content where you 18 dealership has about 10 sales consultants extremely powerful system for personal are at. on the floor. That means that dealers are success. I invite you to try this exercise and I • The ability to evolve — able to www.sellingsuccessonline.com
  • 17. measure and benchmark performance as far as you want to go with technology. You recap, the first box states the goal, second and constantly evolve to the next level can set up your ILM/CRM so it can help your box defines that goal and the third box road of success. dealership realize its goal. Let’s say you get a maps how to get you there. • Able to make a ton of money for your lead but are too busy to respond immediately. dealership at the same time able to cut You can set up your ILM/CRM to forward If you would like any assistance in creating expenses and increase ROI. the prospect to the next available Internet your roadmap to personal success, feel free • Create a network of strong Internet salesperson if you don’t respond in a certain to e-mail me and it would be my pleasure to managers and BDC directors that you amount of time. This will ensure response get you started on the road to success. can rely on, such as an Internet 20 time integrity. There are other solutions group. as well, like call connect. This allows the • Have the best dealership Web site on prospect to submit a lead and be directly the planet in look, feel, technology and connected with an available person instantly highest conversions. in real time. Sean V. Bradley is the CEO and founder • Have the best ILM/CRM — set-up, of Dealer Synergy. He can be contacted content, processes, e-mail templates, This exercise can be very powerful to your at 866.893.1394, or by e-mail at phone scripts, objection/rebuttals, etc. personal success at work or at home. To sbradley@autosuccessonline.com. • Know what to do, when to do it, how to do it and WHY you are doing it. Now on to Box 3, where the rubber really meets the road. I would like you to develop your personal action plan on how you are going to make everything in Box 2 happen and when. Go through the items in the previous box bullet point by bullet point. For example: If one of my goals was to have the most knowledge of third-party providers or Internet Web sites that a prospect might search on, then I would need to research all of those sites. I would create a schedule for my week and during the week I would allocate ample time to research all of these sites. I might start by simply going to these sites that I know about, such as AutoTrader and Carsdirect.com, and go through the entire site like I was a prospect searching for my new vehicle. I might even mystery shop these sites and my competitors to see how other dealers respond and to see exactly what my prospects go through. I wouldn’t stop there. I would also call my local vendor sales reps up and have them come into the dealership and thoroughly explain their Web site and find out details and best practices directly from them. Specifically, I would ask them what their best dealers are doing to be the best. I would even ask them what their worst dealers are doing and why. You want to learn what the best are doing so you can emulate them and find out what the worst are doing so you can avoid their mistakes. Another example: If your goal is to have the fastest response time, then you need to make sure that you call ALL of your prospects immediately. This can be accomplished two ways. First, you can just incorporate that into your standard operating procedure, that you will be constantly vigilant for fresh leads so you can respond immediately or close to immediately. Another way to ensure rapid response time is through utilization of technology. You can set up paging notification 19 which notifies you instantly that there is a new prospect in your queue. You can take it the #1 sales-improvement magazine for the automotive professional
  • 18. MS Is This As RalphPaglia marketingsolution Good As It’s Going to Get There is a lot this form and don’t forget to click on the of vendor noise SUBMIT button!” going on right now, and it can be difficult to separate the fact from fiction. Many J. D. Power and Associates reports that for dealers don’t really understand transactional the past four years the number of online car Web sites and what they are capable of, or buyers who are able to resist the above-value they don’t know who they can trust to give proposition has been consistently around 80 them the correct guidance. This emerging percent. There is a profound message that auto retail capability is more important than car buyers are telling us about the current just selling Web sites. Evidence shows that obsession we have with “Leads, Leads, consumers are using the Internet for more Leads are the most wonderful fruit, the more than just research. Consumers are buying you eat, the more you…” parts, accessories, service warranties and vehicles directly through dealers’ Web sites after those sites are equipped with The disconnect I eCommerce features using “My Account” see is that for the capabilities. Clearly more car buyers will discover how easy it is to buy a car as the last 20+ years, shopping cart eCommerce model becomes we have used more prevalent among dealership Web sites. the Internet as if it With that said, here is my question for you: were some type of Are Internet leads, and the methods, strategies billboard on what and gimmicks used to harvest them, as good we used to call as it is going to get for manufacturers and dealers selling vehicles online? With all the Information of the vast methods, strategies and tactics Superhighway that we use to generate and harvest Internet leads, anything that attracts a consumer These issues were dealt with long ago to a dealership qualifies as a harvesting by eDealers like Courtesy Chevrolet in technique. But, what about actually letting a Phoenix, Anderson Honda in Palo Alto, and car buyer, well, buy a car? Jay Wolfe Toyota in Kansas City. These top-performing dealers are utilizing digital We talk about operating efficiencies, and marketing products that empower them with arm ourselves to the rafters with all manners transactional eCommerce Web sites. Cars of technology, people and best practices get sold directly from the “Deal Builder” to handle all these expressions of interest. function within “My Quotes” which includes There is absolutely nothing wrong with any credit, tiered interest rates, trade-in values, of this, (as long as the RFID is sterilized tax, title, fees, accessories, extended service first) but if I see one more Professor Gadget- contracts, protection plans, disclosures and designed auto retail “solution” that doesn’t accurate monthly payments. Dealerships actually make it easier to sell or buy a car, get the selling opportunity regardless as to I think that a seizure may be imminent. Car which step in the process each consumer companies and the dealerships they supply feels comfortable completing. Each “My exist to design, build, distribute, market and Account” created generates a highly qualified sell cars. The disconnect I see is that for the and genuine lead. last 20+ years, we have used the Internet as if it were some type of billboard on what we Ensure the profitability and competitiveness used to call the Information Superhighway of your dealership by evaluating and trying (does anyone remember that phrase?). We new things. have limited our use of this amazing two- Ralph Paglia is the national director way channel to something along the lines of of digital marketing solution for ADP “Here we are! Drive to our showroom Right Dealer Services. He can be contacted at Now…,” or, “Call this phone number Right 20 866.883.9250, or by e-mail at Now…,” or, “C’mon, go ahead and fill out rpaglia@autosuccessonline.com. www.sellingsuccessonline.com