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AutoSuccess Best Practices Summit III Details Page 4




                                                       .biz




                          CRM Keeps
                        Getting Better,
                           Faster and
                        More Powerful           Mark Strong
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SERVING DEALERS SINCE 1975


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     our own money to show the owner...It rocks! He pays now!” - Bonnie & Don - N. Cal Dodge-Nissan Dealers

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                         - Great buyers! 30+ units for $90K+.” - Dave Kellogg - Seaport Auto

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Dean Evans                         David Kain                             Darren                        Sean                 Scott Joseph
         Vice President of                 President, Kain                   Haygood                    WolÞngton                      President & CEO,
         Marketing, Dealix                 Automotive Inc.              Director of CRM &          Owner, BZResults.com               J&L Marketing, Inc.
                                  Internet & BDC Training            Internet Sales, Lokey
                                                                               Automotive               Case Study: How            Case Study: Johnson
            You will learn:                     Specialist                                            to use BDC/Internet
                                                                        Case Study: Lokey                                           City Honda: Sells 65
 - Internet Marketing that                                                                             departments to sell
                                                                          Automotive Group                                           extra cars a month
    generates high quality                   You will learn:                                        100 - 500 extra cars a
                                                                  triples Internet sales - by                                     and grosses increased
                      leads         - Mapping out the best                    spending less!                       month.                 $1,300 per car
         - Maximizing lead           Internet sales process
                                                                               You will learn:               You will learn:
     generation from your             - E-mail templates for     - DeÞne your dealership’s             - Setup a successful                 You will learn:
                  Web site        the best short and long-          CRM strategy. BDC vs.                      BDC/Internet         - How to add 33% to
  - Maximizing third party              term communication              dedicated personnel                     department      your bottom line and not
           automotive sites       - Phone script elements              - Maximize your ROI,                - Use the Web to           increase ad budget
                                                                  ignore the hype and start          promote all your proÞt            - How to grow your
      - Metrics that matter               that turn leads into           realizing real results
     - Focus on return on                       appointments                                                         centers                customer base
                                                                     - Achieve higher gross
                                                                                                    - Use the Web to drive        - How to increase your
                investment         - Recruiting, hiring and           than with your walk-in
                                                                                    customers           showroom & phone          average gross per unit
                                 compensating for results                                                              trafÞc
                                                                        - Achieve 20 percent                                             - How to increase
                                                                           Closing ratio & 20     - Sell old stock, vehicles    purchase frequency plus
                                                                            percent retail mix             & parts inventory     customer residual value
                                                                    - Turn leads into phone         - Use e-mail marketing
                                                                        ups - phone ups into        to drive more trafÞc for
                                                                                appointments                       zero cost




        Steve Hiatt                Keith Latman                         Jasen Rice                      Chip Perry                    Jim Adams
                                                                                                                                                                 Dealers & Managers Only!
           Owner, Mountain            CEO & Co-Founder,               Internet Director, Lou          CEO and President,               General Manager,
                   Mitsubishi                 iCarMagic                    Fusz Automotive                                                    Roper Kia
                                                                                                         AutoTrader.com
       Case Study: How to
increase your net by half
          a million in a year.
                                        Case Study: How
                                       to avoid the smoke
                                                                      Case Study: Ranked
                                                                        #17 in Total Internet
                                                                  Sales for dealer groups,
                                                                                                     Internet Advertising                   Honor Your         Two days of intense learning.
                                                                                                                                                                  Dramatically improve
                                      and mirrors and use                                                  Best Practices           Commitments: The
             You will learn:                                          Internet departments
                                   technology to increase                                                                         Þve things we owe our
   - Evaluating personnel,                                                generate upwards
                                          your bottom line                                                                                    sales staff
                                                                         of 20%-40% of the
                                                                                                                                                                      your results.
 the lazy or content ones                                                                                    You will learn:
          - Continually train                 You will learn:               dealerships total     - How AutoTrader.com’s
 everyone: Front end two              - How to use software                        business.        top performing dealers                  You will learn:
  times a week, Þxed end                   tools to merge the                You will learn:           get their outstanding    - How to understand that
                 once a week     Internet & Showroom into            - Marketing to today’s                           results     opportunity generations
    - Put in controls. Move          a cohesive opportunity             Internet consumers                                         are the key to success
    over aged inventory in                                         - Internet Department’s                      - Take home
                                     - How to manage lead
       new, used and parts                                         steps and processes to             examples of effective       - Individual goal setting
                                    providers and Web site
              - Forge a deep           trafÞc to bring on real        the appointment/sale              merchandising you             - Managing activities
      relationship with your              ROI & not just hype     - Gaining revenue in the                         can put to                  bring results
manufacturer to help get            - When technology can         Þnance department and                      immediate use      - Daily one-on-ones: The
    correct inventory, ßoor           help you and where it        getting them to become                                                   key to success
             line and capital                    can hurt you            more atoned to the
                                                                                                                                    - Your selling attitude:
               - Praise every            - E-mail prospecting             Internet customer
      improvement in sales            pitfalls, how too much     - Meeting and exceeding                                                 Mirroring behavior
 goals, certiÞcations, etc.          of a free thing can hurt            Internet customers                                          - Building your dealer
                 out in public                      your store                 expectations                                                           brand




                                                                                                                                                                        MGM Grand
                                                                                                                                                                     Las Vegas, Nevada
                                                                                                                                                                   November 3 & 4, 2005
Randy Barone
          Vice President of
                                 Robert Revere
                                  CRC Director, Avondale
                                                                        Kevin Root
                                                                        VP & GM, Dealer
                                                                                                             Jennifer
                                                                                                             Picheco
                                                                                                                                       Erik Stuttz
                                                                                                                                         Vice President of
                                                                                                                                 Consulting, STC Group
                                                                                                                                                               Limited Seats, Register Today!
    Sales, American Auto
                                                                                                                                                                       866.317.7914
                                             Auto Group             Advisory Service, The                    Director of
             Exchange Inc.                                                  Cobalt Group           e-Commerce, Germain            Case Study: Paragon
      10 Must Haves for                                                                                 Motor Company               Honda & Acura uses
                                  Case Study: Transition                                                                           CRC to sell 106 extra
  Today's Used Vehicle                                            Case Study: Processes
               Department           from Internet BDC to                                           Case Study: Germain                  cars in one month.
                                                                   the top 20 dealerships
                                       modern day CRC                                                    Motor Company’s                   You will learn:
            You will learn:
                                                                                                                                                                Case studies from successful
                                                                     use to convert more              Internet department
       - Sales people, the                                                  leads to sales                                      - How we increased our
                                                                                                   sells over 200 cars per           leads and increased
    right number and the                   You will learn:
                                                                                                       month - here is our       our closing ratio from 7
                                                                                                                                                               dealerships across the country.
                  right type        - Lower compensation                     You will learn:                        secret         percent to 25 percent
   - How to achieve a 50                      percentages
 percent closing trade-in                                                - Use the top three                                       - How to evaluate the
                                        - Lower overhead            key success drivers to                   You will learn:       different CRC models
                         ratio
                                             - 100 percent           convert leads to sales                  - Dedicated vs.      to choose the one that
  - What to list online for
                                                                                                                 Designated           works for your store
          maximum results                    accountability          - Avoid the three most        - The pricing fear factor
                                                                                                                                                                Class room style seating only
       - How to eliminate                                           common mistakes that                                        - How to staff your CRC
                                           - Higher results                                       - Are you really listening          - How to build out &
            wholesale loss                                                           kill sales            to the customer?       overcome obstacles to
       - What to stock (80
                                                                       - Maximize your lead            - Third-party leads...
                                                                                                                                                                $695 in advance, $995 after
      percent of inventory                                                                                                          creating a successful
                                                                                      volume                       Why not?                           CRC
         turning in 22 days
                                                                         - Respond to leads       - Move forward or move               - Best practices for
                     or less)
                                                                                                          on - Our follow-up
                                                                                                                                                                       October 5, 2005.
- Best practices of some                                          - Drive for appointments                                               turning leads into
                                                                                                                   schedule     appointments that show
    of the largest dealers                                           - Focus on processes             - Measure, track and        and appointments into
and dealer groups in the                                                  that deliver results                     feedback                          sales
                     country

                                                                                                                                                                    Speakers and times subject to change
SUMMITIII
                                   BEST PRACTICES

          LEADERSHIP      •   INTERNET     •   CRM    •   MARKETING    •   BDC   •   SALES




Call today to register.   toll free 866.317.7914     web www.autosuccess.biz
8
                                          Three Powerful Words to Sell More Effectively                                                                                                  BrianTracy



INSID                                            Cleats and a Helmet

                                     Why Create a Follow-Up System

                                                  Stop Being a Victim
                                                                         9
                                                                        10
                                                                        12
                                                                                                                                                                                         SeanWolfington

                                                                                                                                                                                         ChrisHanson

                                                                                                                                                                                         AnthonyHall


                                                  With New Software 13
            Dealer and Lenders Experience Leading-Edge Advantages                                                                                                                        RandyBarone

                                                 The BIG Lie of Selling
                                                                        14                                                                                                               MichaelYork

                               Creating the Championship Mentality
                                                                        16                                                                                                               ChrisAlford

            CRM Keeps Getting Better, Faster and More Powerful
                                                                        18                                                                                                               MarkStrong

             What Does it Take to Sell an Extra 100 Units per Month
                                                                        20                                                                                                               BrianBenstock

                    Hire Quality People by Asking Quality Questions
                                                                        22                                                                                                               TomGegax

                                             To Price or Not to Price
                                                                        24                                                                                                               PaulAccinno

                                               Your Daily Check List
                                                                        26                                                                                                               JimAdams

                        Administrative Personnel are Important, Too
                                                                        27                                                                                                               CarolMartin-Ardell

                                          Quotations to Think About
                                                                        28                                                                                                               ScottJoseph

                                            The Five Keys to Success
                                                                        30                                                                                                               MarkTewart

                                  Everyone Wants to be a Champion
                                                                        31                                                                                                               TonyDupaquier

                    Managing Your Lead Sources for Optimal Quality
                                                                        32                                                                                                               DaivdKain

                                          Fake Smiles vs. Real Smiles
                                                                        34                                                                                                               PattiWood



                                                                                                                                                                                         Exodus 34:2
                                                                                                                                                                                         “Be ready in the morning, and then
                                                                                                                                                                                         come up.”
                                                                                         3411 Pinnacle Gardens Drive Louisville, Kentucky 40245
                                                                                         ! Toll Free: 877.818.6620 " Facsimile: 502.588.3170                                             Isaiah 41:13
                                                                                         Patrick Luck, Editor & Publisher                                                                “For I the Lord thy God will hold thy
                                                                                         • pluck01@autosuccess.biz                                                                       right hand, saying unto thee, Fear
                                                                                         Susan Givens, Vice President                                                                    not; I will help thee.”
                                                                                         • sgivens02@autosuccess.biz
                                                                                         Courtney Hill-Paris, Sales-improvement Strategist
                                                                                         • chill-paris04@autosuccess.biz
                                                                                         Brian Ankney, Sales-improvement Strategist
                                                                                         • brian01@autosuccess.biz

 God Bless America
                                                                                         Thomas Williams, Creative Director
                                                                                         • twilliams03@autosuccess.biz


  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@autosuccess.biz. Subscription rate is $75 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. 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.
BrianTracy


                                                   Three Powerful Words
                                                  to Sell More Effectively
    There     are     three    The first is “feel.” For example, “How do        or “How do you feel about leasing?”
    powerful words that        you feel about that?” is a very easy question
    you can use as you         to answer. It is almost impossible not to       The second, and even more significant word,
    proceed through the        express a feeling when asked for one. A         is “think.” When you ask, “Do you think this
    sales conversation in      few other questions to gain an emotional        would be better than what you’re currently
    order to have the most     response from your prospect are, “How do        driving?” you are asking the person to take
         successful results.   you feel about shopping for a new vehicle?”     a much more definite stand. People are
                                                                               sometimes a bit more hesitant to answer a
                                                                               “think” question but they are much firmer in
                                                                               defending their position once they have.

                                                                               The third expression is in your opinion. The
                                                                               word feel is soft, the word think is harder,
                                                                               and the words in your opinion are the most
                                                                               definite and specific of all. When you ask,
                                                                               “In your opinion, is this the best choice of
                                                                               vehicle for what you want?” you are asking
                                                                               the prospect to take a definite stand.



                                                                                Carefully
                                                                                phrased
                                                                                questions
                                                                                are powerful
                                                                                tools in every
                                                                                part of the
                                                                                sales process.
                                                                               Once a person has stated his or her opinion
                                                                               on a subject, they are locked into it. The
                                                                               person almost always will defend and justify
                                                                               their decision rather than change it. Carefully
                                                                               phrased questions are powerful tools in
                                                                               every part of the sales process. The more of
                                                                               them you have and the better you use them,
                                                                               the more competent you will appear and feel,
                                                                               and the more sales you will make.

                                                                               Use feel during the early part of your
                                                                               sales conversation. Focus on getting good
                                                                               information rather than trying to sell. Second,
                                                                               move to asking questions using the words
                                                                               think and opinion later in the conversation
                                                                               when you want a definite answer or you are
                                                                               moving to close the sale.

                                                                               Brian Tracy is the chairman and CEO
                                                                               of Brian Tracy International. He can be
                                                                               contacted at 866.300.9881, or by e-mail at
                                                                               btracy@autosuccess.biz.


8
SeanWolfington




                        Cleats and a Helmet                                                       MEET YOUR NEW
                        “I’ve got the cleats         skills to a technology whiz.
                                                                                                  E-PLOYEE...
                        and a helmet, coach …      • Create a profile and clearly defined job
                        take me to the Super         description for each position within the
                        Bowl!” Yes, it’s true        department.                                  WORKS 24/7 WITHOUT A
                        that you need a pair of    • When lead volume increases (or when
cleats to play, and if you want to reduce your       a player gets benched) be prepared to
                                                                                                  SICK DAY OR VACATION!
chances of getting hurt on game day you’d            bring on additional staff.
better wear a helmet and some pads. But, are       • Rely on a digital marketing system that
cleats and a helmet enough to take you to the        automates much of the process - handle
Super Bowl? No way.                                  more leads with fewer people.

The most successful eDealers in the nation         Web site & CRM Tool: Equipping the
have figured out that cleats and a helmet            Team with the Best Gear
may get you off the sidelines and into the         • Post the content customers want.
game, but equipment alone will not take you        • Design it so it’s easy to use.
to the Super Bowl. A winning team is like          • Keep customers online with highly            TIMEHIGHWAY.COM           replaces
a successful dealership: The owner defines            interactive functionality.                   telephone-based scheduling with
his or her strategy, recruits the right coach      • Use compressed multi-media animation         internet technology that enhances
and players, equips them with the right gear         so the site is fast, even when viewed at     the effectiveness and customer
and follows a playbook to carry the ball over        56k.                                         satisfaction of your dealership.
the line. Let’s see how the football analogy       • Focus on results: A lead and a sale!         By     scheduling    appointments
plays out:                                         • Measure your conversion rate. Average        directly through your web site,
                                                     sites convert 2 percent of visitors - aim    your customers make conÞrmed
 Strategy                                            for 10 percent to 25 percent.                appointments instantly without
 • Define your Internet marketing strategy          • Save time with technology that               call-backs.     TimeHighway.com
   and budget to attract traffic to your site         automatically updates data.                  puts your service department’s
   and your showroom.                                                                             schedule on your web site,
 • Define the staffing model and the most            Process: Create, Practice and Master a         making it possible to schedule
   effective pay plans to drive results.             Winning Playbook                             appointments 24 hours a day, 7
 • Create a detailed eCRM business                 • Define a process that incorporates               days a week, from anywhere.
   plan with clearly defined actions and              proven best practices.
   timelines.                                      • Train your team on the skills needed to
 • Ensure healthy gross profits by clearly            set appointments and sell cars.                   • Your 24/7 Revenue
   defining your pricing philosophy and             • Make them practice until they puke!                   Building Tool
   strategy.                                       • Save time and increase efficiency with        • EfÞcient and Simple to Use
 • Use e-mail marketing to promote your              customer management tools that can
   dealership.                                       automate parts of your process and free
                                                                                                    • Automatic ConÞrmation
 • Leverage search engines and online                your people to sell more cars.                   and Reminder Emails
   relationships with regional sites so            • Use the reports to identify problems           • Cost Effective: Only 54
   customers can easily find you.                     and opportunities to continuously
 • Leverage your traditional media to                improve the process and the results.
                                                                                                           cents an hour
   promote your Web address.
                                                  You wouldn’t try to get to game day with          For More Information Contact
 People: Build the Team                           nothing but cleats and a helmet, so don’t        Karen Dillon at 800.901.3054 or
 • Determine the right number of people           kid yourself into thinking that your Web site      kdillon@TimeHighway.com
   to staff the Internet Department or            alone is all you need to compete in the car
   Customer Relationship Center (CRC).            business.
 • Document and implement your process
   for recruiting, hiring and training.
 • Define the skills and talents you’re                                                                       5633 Strand Blvd, Suite 302
                                                  Sean WolÞngton is the owner of                               Naples, FL 800.901.3054
   looking for and remember that it’s             BZResults.com. He can be contacted at                          www.TimeHighway.com
   easier to teach technology to a great          866.802.5753, or by e-mail at
   sales person than it is to teach sales         swolÞngton@autosuccess.biz.

september 2005
                                                                                                                                    9
ChrisHanson




                                   Why Create a Follow-Up System
                       Most people, when         details on how to follow up with customers.     they like? They have bought from you before
                       asked    why      they    They said their customers tend to shop around   and they like you. And if a year hasn’t gone
                       purchased their car,      more. They tell me that in the past you could   by they even remember your name. You can
                       said they did so          just expect them to come back in but now        concentrate on finding the right vehicle and
                       because they liked        they really need to stay in touch with their    having fun, and you even made some money.
the sales person. Not the dealership, the        customers and create a follow-up system.        And they like you so much that they send
sales person. So why is it that 82 percent of                                                    you referrals, and those of you who deal
customers couldn’t even remember their sales                                                     with referrals know how easy they are to
person’s name a year after the sale? What          I have a sequence                             deal with.
happens from the day they buy their new car        of thank you notes,
and then a year later? Don’t you think that if
                                                   video e-mails, phone                          How Often?
they liked the sales person that they would                                                      I contact my sold customers every 45 days.
like to purchase their next car from them          calls, a quarterly                            Unsold customers are much more time-
as well? Let's take a look at what happens         newsletter I send in                          sensitive in the beginning and then every
and what we can do to keep our customers           the mail, a monthly                           45 days after that. I have a sequence of
coming back because it takes more than just
a phone call and a thank you card.
                                                   e-mail newsletter, a                          thank you notes, video e-mails, phone calls,
                                                                                                 a quarterly newsletter I send in the mail, a
                                                   personal Web site                             monthly e-mail newsletter, a personal Web
New Sales people                                   they can visit and I                          site they can visit and I send them different
If you’re new in the business, the number          send them different                           unique notes. I have a very exact system that
one reason to create a follow-up system is                                                       I follow, one for sold customers and one
to build a successful business because you         unique notes.                                 for unsold customers. Because of this my
don’t want to live on “ups”. And don’t look                                                      customers never forget my name but how
over at Mr. 20-Year-Veteran, Joe Sells-a-ton-    You just can’t leave your follow-up to hit      could they? And do I get referrals? You bet!
of-cars, and think, “I can’t wait until I’ve     and miss, you need a system. One that is the
been selling for 10 to 20 years.” You don’t      same with every customer no matter what.        If you develop a follow-up system and use it
have to wait. If fact, many of those sales                                                       with every customer you will sell more cars,
people are losing business everyday because      A Sold Customer Follow Up System and            have more fun, make more money and start
they don’t follow up correctly. How do I         an Unsold Follow Up System.                     to take less ups.
know? Because I receive e-mails and phone        Let's look at some other reasons we should
calls every month from them. Times have          have a follow-up system:                        If you need help in developing a system or
changed; there are tons of choices out there.                                                    would like to find out more details, please
Makes, models and other sales people going       Fresh Ups                                       contact me and I’ll help you get started
above and beyond to wow their customers.         Can you say work? When you take an up           so you can scrap your job and start your
                                                 that you have never dealt with before, what’s   career!
Veterans                                         that like? You need to work hard on building
Many veterans have called or e-mailed me         rapport and trust. Sometimes it’s a grind and
and told me that the car business just isn’t     downright tough. And where’s the money?
the same anymore and it’s affecting their
                                                                                                 Chris Hanson with Hibbing Chrysler can
business. Even people that have been in the      Repeat and Referrals                            be contacted at 800.901.2862, or by
business for 20 years. They are asking me for    Now let's look at a repeat customer. What are   e-mail at chanson@autosuccess.biz.


       “I look forward to each edition of AutoSuccess because
  it has many interesting and informative articles about every
  phase of the automotive industry. I have been able to extract
  many ideas that I have been able to use in sales meetings
  and even implement in my Lincoln-Mercury store. It is by far, my
  favorite automobile magazine.”
  David Camposano, G.M. Germain Lincoln Mercury, Naples, FL


  10
AnthonyHall




                                                                    Stop Being a Victim
                      We live in a time         that more than anything else equips them to      litigious world, being a victim often pays.
                      where relentless and      successfully implement change?                   That is an unfortunate consequence of an
                      pervasive change is no                                                     unhealthy belief.
                      longer news to anyone.    It is something that is becoming increasingly
                      There is one important    rare — a motivating sense of personal            As long as we view ourselves as victims,
                      implication of this       responsibility. That is, a deep and abiding      we’re unable to change ourselves or our
situation that continues to be a challenge:     belief that one is responsible for one’s own     circumstances and achieve better results. It is
That we need to continually change our          behavior, as well as the consequences of that    not our fault that we’re not doing better, we
behavior to adapt to the world around us.       behavior.                                        tell ourselves. Someone else caused it. And
                                                                                                 because it’s someone else’s doing, the power
Developing       more     effective     sales   That seems so basic and common, yet few          to fix it and make it better is with someone
organizations always involves making            people actually exhibit it. Over and over in     else. We’re powerless to fix it.
changes in the company. And sooner or later,    my work in developing sales people and
that means that some of the sales people and    their managers, I’m struck by how many           While few people admit it or even realize it
managers must make significant changes in        people fail to accept responsibility for their   consciously, this “victim attitude,” the direct
the way they think about and do their jobs.     own success or lack of it.                       opposite of personal responsibility, is very
                                                                                                 common and embraced to some degree by
What is it that empowers some people to         It’s far more popular to be a victim. We         most of us. This is especially true of sales
change smoothly and effortlessly, while         have all shaken our heads sadly over             people, who could always do better if only
getting others to modify their behavior         some newspaper account of someone who            something were different — something that
seems like moving a mountain? What is the       commits some act of irresponsibility then        someone else controls. If only we had lower
fundamental building block for individuals      successfully sues someone else. In our           prices, better advertising, an understanding
                                                                                                 manager, stronger F&I. You know the litany
                                                                                                 because you’ve chanted it.

                                                                                                 Once you realize that most of the time

                 This Dude Is Bad.
                                                                                                 the problem is yourself and your attitude,
                                                                                                 change for the good will come. Realize
                                                                                                 you’re responsible for your own behavior,
                 That's Good.
                   People with bad credit aren't always bad people.
                                                                                                 your own thoughts and attitude. Once you
                                                                                                 accept personal responsibility, you have
                                                                                                 the power to change your success. Once
                 They can be really good if you                                                  again, the lesson is clear: When there is no
                 know how to find and process                                                    acceptance of personal responsibility, there
                 them. Last year we handled over                                                 is little hope for positive change. Where
                 2,500,000 Sub-Prime leads with                                                  there is personal responsibility, the future
                 our VOISYSTM Loan By Phone,                                                     holds unlimited potential.
                 Direct Mail and Internet
                 programs. We guarantee our
                                                                                                 Your struggle to bring about significant
                 programs, performance and
                 results 100%.                                                                   change in your success will depend on
                   Call us now and learn how                                                     the depth to which you embrace your
                 we can help you with                                                            responsibility to make personal changes.
                 Sub-Prime prospects. You'll do                                                  Your efforts to improve the productivity of
                 a better job and generate                                                       your sales effort will ultimately depend on
                 extra profits!                                                                  the degree to which you accept personal
                                                                                                 responsibility to make changes in behavior
                 Good is good.                                                                   that will improve your results.
                 Bad can be awesome.




                 1-800-438-8642
                 www.voisys.com                                                                  Anthony Hall is a training consultant
                                                                                                 at Ziegler Supersystems. He can be
                 “We're the car guys helping car guys!”                                          contacted at 800.610.9047, or by e-mail at
                                                                                                 ahall@autosuccess.biz.


  12
RandyBarone

                             Dealers and Lenders Experience
                                   Leading-Edge Advantages
                                                                                                     Turn Your
                                         With New Software                                        Internet Leads
                       Relationships     that    to help bolster a dealership’s credibility       into Showroom
                       automotive     dealers
                       have with key lending
                                                 among customers.
                                                                                                  Appointments...
                       institutions have a       Boosting Dealer ProÞtability – and Saving
                       tremendous impact on      Lenders Time and Effort
                       dealership success in     Another tremendous advantage the auto-
any given market. That’s why new lending-        lending industry and dealerships enjoy
related software has become a “must have”        with new dealer software is the instantly
tool in the industry. Dealers who have the       generated inventory book difference report.
most up-to-date software available to help       The report allows an F&I manager, or one
facilitate the lending process have a strong     who works with pre-owned vehicles, to
competitive edge. Now, more than ever, it        instantly view inventory at any percent of
is important for dealers to provide the right    book loan or trade value (i.e. inventory cost
tools and information lending institutions       against 110 percent of Black Book trade-in).
need to make fast, accurate and profitable        From a dealer’s perspective, the software
loan decisions. Innovative new software          factors in the need for making a profit on
programs do just that.                           the transaction. It also identifies the exact
                                                 inventory that you can sell to consumers to
Enhancing the Appraisal Process on Pre-          absorb their current loan deficit, ensuring an
Owned Vehicles                                   acceptable profit. This saves customers time
The benefit of new software systems               in that they aren’t looking at vehicles they
begins right at the appraisal stage, when a      can’t purchase. From a lender’s perspective,
pre-owned vehicle is brought to a dealer         the process saves tremendous effort because
as a possible trade-in. The new software         time isn’t wasted trying to arrange a loan for
provides dealerships with valuation and          which a customer won’t qualify. These tools
reveals how much lending companies are           also save finance personnel from working on
willing to finance a particular vehicle.          deals that should have never made it to their
Knowing upfront that a particular vehicle        office.
can be financed, and at what loan amount,
enables dealership personnel to make better      One of the benefits most often cited by
inventory management decisions. Vehicles         lenders who’ve experienced these software
that have potential glitches in obtaining        systems is that they provide dealers with an
financing can be immediately recognized           accurate, streamlined process for storage
and avoided, while more profitable vehicles       and delivery of book information. Book out
can be identified and added to inventory to       sheets are created by the system and inserted
help dealers turn their inventory faster.        into deal jackets to document a vehicle’s

                                                                                                    Guaranteed...
                                                 valuation at the time of trade.
The software also helps establish the credit
score that a potential customer needs to
obtain a loan. This vital inside information
                                                 The adage “time is money” is especially
                                                 true in the automotive industry. With new               or
helps facilitate the purchase once a customer
decides to buy the vehicle. These tools also
                                                 software programs on the market, now there’s
                                                 more opportunity than ever for dealers to use    You Don’t Pay!
identify credit-challenged customers sooner.     their time wisely – especially regarding
                                                 appraisal and purchasing processes. Now
Improving Inventory Management                   they can be faster and easier. The result?
In terms of current inventory, contemporary      More efficient and financially beneficial            Call today for a free estimate
programs enable dealers to identify which        transactions for the customer, dealer and               on implementing
cars and trucks on their lot are priced below    lender.                                          the TIMS system in your store.
the value that lenders will finance. This way,
they know exactly which vehicles need to
move, so they can get on with the business
of maximizing profit. Also, dealers can           Randy Barone is the vice president of
obtain a water report with just the click of a
                                                 sales at American Auto Exchange Inc., a               www.worlddealer.net
                                                 subsidiary of JM Family Enterprises. He            e-mail: info@worlddealer.net
mouse. Ensuring that the price for a vehicle     can be contacted at 800.901.3017, or by                     866.429.6826
aligns with book list value is a surefire way     e-mail at rbarone@autosuccess.biz.

september 2005
                                                                                                                             13
MichaelYork




                                                                    The BIG Lie of Selling
                      It’s been talked about       boring blah, blah, blah … that they will, of      do you suppose remnant space is priced?
                      for 100 years: closing       course, need to think about. How can you          Bargain basement. Close-out. Fire-sale. No
                      the sale! Sales trainers     stand out in a marketplace today of sales-        profit. And this staff had conditioned lots
                      have made buckets            sameness? How do you establish yourself           of advertisers to wait for this remnant sale
                      of money teaching it         as a professional selling performer? How          every issue. Not only did the advertisers buy
                      to sales people who          skilled are you at asking questions that set      the space at deep discounts, but by waiting
couldn’t make much money with it, but made         you apart? How well do you listen? How            until the close of the issue it created a
lots of prospects angry doing it. It’s closing.    do you create real value for the customer?        chaotic condition for production to finish the
How do you feel when you get “closed”?             How can you position yourself as a resource       magazine, turn out proofs, etc. In three days
The alternative-of-choice close. The sharp-        to them and to the organization? Welcome          each month they were selling any profits
angled close. The impending-event close.           to “The Now Economy.” Where no one                that had been created the first 27 days of the
The “about-how-much-too-much” close.               cares about how good you used to be. What         month and conditioning the market to resist
Close early and close often, they’d say. Do        customers are asking now is “How good will        the published rates in the knowledge that the
whatever you have to do. Say whatever you          you be next week?”                                fire-sale would soon arrive … again.
have to say. Do that “hoodoo” that you do so
well. Just bring back a signed contract!           This marketplace is all about thinking            No profits. No making goals. But lots of
                                                   and performing differently when it comes          sales were made in those final few days.
It’s not about closing (if it ever was). In        to selling. Selling is all about “revenue         Sound like an employee discount sale? One
“the show” it’s all about opening! Opening         generation” and revenue generation is more        day soon it has to end. Then what? Selling
doors and opening relationships and opening        than just selling. Confused? Don’t be. When       Lesson: All sales are not revenue generation
minds to change.                                   you think like an owner you will know that        for the company. Over the next 12 months,
                                                   profits are better than wages. Profits are          we set nine of the top 10 advertising records
Become known as an opener. A professional          better than sales! That means when you sell       in the 20-year history of the organization.
interviewer looking for permission to              something, you should know how you, and
proceed. It will separate you as uncommon,         the organization, will profit. What’s the gross    That’s why I say it’s not about sale training!
not like all the other plastic pretenders who      profit? Is it good business for the company        It’s about understanding and creating revenue
are only interested in “what will it take to get   (and you) or is it just a sale?                   generation company-wide. Not only did we
your business today?” Pulleeezzze … .                                                                have to change the mind and actions of the
                                                   After taking over a sales operation at a media    sales team, but I had to win back credibility
How long will you have it even if you get          company a number of years ago, I met with         and trust from editorial and production and
it? Believe me when I tell you someone will        a group of experienced selling professionals      management and other departments who saw
be asking the “what will it take” question as      who had not made a sales goal in 18 months.       what sales had become.
soon as you leave or your prospect does. Get       When I asked them why, they had a great
better or get used to getting beaten by better     list of reasons. Which soon began to sound        Any sales trainer could have come in there
questions and better performers.                   like a list of excuses, and at the top of that    and taught them how to sell more, and
                                                   list? “Our goals are unrealistic!” And what       without changing some of the infrastructure
                                                   do you base that on?” I asked. “Simple. We        they would have sold themselves into

 Prospective
                                                   haven’t made goals in a year-and-a-half!”         oblivion and continued to lose trust all over
                                                   Oh. So that’s how it works. The inmates           the building and the marketplace.
 buyers … will                                     rationalizing the asylum.

 nod and appear
                                                                                                     Think profits. Think better questions. Think
                                                   My job was to create understanding that the       opening not closing … think! Opening the
 to be listening                                   goal is the target and what was unrealistic
                                                   was “the how.” How they were doing it
                                                                                                     show is a big part of closing any transaction
                                                                                                     and making sure the customer experiences
 while you deliver                                 was not only not going to get us to goal,         value and a great feeling about his or her
 another boring                                    moreover it was killing profits when they did
                                                   sell something.
                                                                                                     decision to buy.

 blah, blah, blah                                                                                    For my short list of other selling myths
 … that they will,                                 For 27 days or so each month they struggled
                                                   to sell advertising, usually what could be sold
                                                                                                     and more selling truth, e-mail me. To your
                                                                                                     uncommon success.
 of course, need to                                by default. In other words, it was a specific
 think about.                                      issue or time of the year when the advertiser
                                                   or agency had already decided to be in the
                                                                                                     Michael York is an author and professional
                                                   magazine no matter who the sales person           speaker. He can be contacted at
                                                   was. Then the last three days of the month        800.668.5015, or by e-mail at
Prospective buyers will nod and appear             became a mad scramble to sell the space left      myork@autosuccess.biz, or visit
to be listening while you deliver another          over, or what’s called “remnant” space. How       www.MichaelYork.com.



  14
ChrisAlford


                                                                           Creating the
                                                                 Championship Mentality
                       “If you don’t control      making, gives you irritable bowel syndrome           The way we talk determines our level of
                       your mind, someone         and makes you eat Rolaids. Before you                success.
                       else will.”                realize it, systems break down, short cuts
                       - John Allston             abound and mediocrity establishes itself as          When we say, “I’ll try to study more,”
                                                  a lifestyle.                                         or “I’ll try to work on my technique,” or
                       It’s simple. The secret                                                         “I’ll try to sell one today,” chances are we
to success balances between two circles.          It is impossible to grow or succeed when             will fail. Why? The word “try” is an open
Filled with unseen power, these circles           you operate in the circle of things Beyond           door that always offers the user an out. For
wield their might as sure as the universal        Your Control. Unfortunately, this is where           example, if a client says, “I’ll try to come
law of gravity or the cycles of nature. Each      most people spend the bulk of their time.            back Thursday,” we know from experience
circle functions independently, and each          BYC is less demanding. It allows us to try to        it is not going to happen. True Champions
circle creates its own outcome. Nature            get things done without actually producing           don’t “try” to study; they study. Winners
decrees that you can’t occupy both circles        results. Here, we can safely wish that things        don’t “try” to work on their technique; they
simultaneously, but you must be in one at all     would change and that outcomes were better.          work on it. Power’s mantle rests on the
times. Call these circles BYC and IYC.            Champions know it. Wishing is easier than            shoulders of those who replace “I’ll try”
                                                  working.                                             with “I will.” Say it like you mean it. Be
                                                                                                       determined to achieve your goals.
 Nature decrees                                   Understanding IYC
                                                  The championship mentality lies solely in the        Step Three: ACT with Purpose
 that you                                         circle of things In Your Control. While BYC          Actions speak louder than words. Execute a
 can’t occupy                                     holds thousands of things, IYC consists of
                                                  only three things:
                                                                                                       hand-written, activity-based action plan at
                                                                                                       the start of each day. Include professional
 both circles                                                                                          objectives as well as personal goals. Be

 simultaneously,
                                                  The way you think.                                   specific. If your goal is to improve customer
                                                  The way you talk.                                    delight, be careful of vague, hand-written
 but you must                                     The way you act.                                     goals like, “I will send out some thank you
                                                                                                       notes this week.” Let your actions speak!
 be in one at all                                 The secret to this circle is its simplicity. Frank   Hand-write a list of specific things you will

 times. Call these
                                                  Outlaw demonstrated his understanding of             do and make that goal a reality. “Today I
                                                  IYC’s power when he said, “Watch your                will write 10 thank you notes to customers
 circles BYC and                                  thoughts; they become your words. Watch
                                                  your words; they become your actions.
                                                                                                       I talked to, but did not sell.” Writing out
                                                                                                       your goals does take time, but the process
 IYC.                                             Watch your actions; they become your                 of writing them creates momentum. Donald
                                                  habits. Watch your habits; they become               Trump says, “Written goals increase your
                                                  your character. Watch your character for             chances of success by 99 percent.” Like
The BYC circle holds everything that is           it will become your destiny.” Focusing on            a welder’s torch cutting metal, the simple
Beyond Your Control. The IYC circle               the way you think, talk and act means goal           act of writing down your goals in specific
contains the things In Your Control. Neither      completion and successful results!                   language focuses your energy into purpose-
circle discriminates against anyone, but the                                                           filled activity.
variables inside can either create or destroy a   Cultivating IYC
championship mindset.                             Step One: READ with Intent                           It’s your choice: BYC or IYC. You can allow
                                                  Readers are leaders. Reading stimulates              people and events Beyond Your Control to
Understanding BYC                                 thought, and thought dictates action. If you         dictate a life of inaction, frustration and
Inside the circle of things BYC, there are        want to improve your leadership skills, read         regret, or you can command your own
thousands of things: weather, taxes, factory      how great leaders improved theirs. If fear           destiny in the circle In Your Control. Harness
programs, interest rates, co-workers, hot-        has you paralyzed, read a book on how to             your thoughts, and keep them moving in the
headed customers, governmental policies           overcome it. Perhaps the skillful use of body        right direction. Feed your mind the highest
- you name it.                                    language will help you to put your clients           quality information you can find. Fill your
                                                  at ease. Find out how to do it in a book.            speech with words reflecting your level of
There is nothing championship about               Reading plants the knowledge of the ages in          determination, and act out your plan. Think
standing in the circle of things Beyond           your head. Champions make time to study              like a champion. It’s just that simple.
Your Control. By its very nature, the circle      their craft. Reading is preferable; however,
of things Beyond Your Control blocks              if time is short, grab a motivational CD or
creativity and diverts success by wasting         a book on tape and listen to it during drive
focused energy. In addition to gossiping,         time. How you do it doesn’t matter. What
griping and complaining, people operating         does matter is that you do it.                       Chris Alford is the president of Motivate
in this circle worry about things over which                                                           America and Chris Alford Concepts. He
they have no power. Worry splits teams,           Step Two: TALK with Determination                    can be contacted at 866.881.9315, or by
breaks relationships, clouds your decision-       Talk follows thought and determines action.          e-mail at calford@autosuccess.biz.


  16
Ever wonder
                                           where your customers
                                             go when it’s time
                                                for another
                                               new vehicle?




Stay with us and they’ll stay with you. When you put your customers in a Chrysler Financial lease or contract, you’ll get their

business again. Because everything we do is aimed at delivering the customer back to you. From customer retention and capital loans to

floorplan programs and training, our people, products and services are solely dedicated to helping you sell more vehicles. We’re so completely

invested in your long-term success, it’s no wonder more Chrysler, Jeep and Dodge dealerships choose us as their financial partner.
                                                                      ®




                      Chrysler, Jeep and Dodge are registered trademarks of DaimlerChrysler Corporation. Chrysler Financial is a member of the DaimlerChrysler Services Group.
fs       feature solution
                                                                                                                              MarkStrong




                          CRM Keeps Getting Better,
                          Faster and More Powerful
For those not familiar with CRM systems,          in today’s highly competitive automotive         needs and sell that customer a vehicle. In
these computerized programs help dealers          retailing environment. The goal should be to     essence, that is what customer profiling is
maintain ongoing relationships with               integrate the operations of all a dealership’s   all about: creating an exceptionally detailed
their customers by providing automated            departments in such a way as to turn virtually   history of each customer. It must be within
reminders,         customer         follow-ups,   every department at a dealership into a profit    the dealership’s ability to access the details
appointment scheduling and so on. The             center. There are three major operational        in its customer profile database that enables
most capable of these programs are tightly        areas in CRM: campaign marketing,                the dealership to put together effective
integrated, easily managed, Web-based             customer profiling and service integration.       campaign marketing or deal with a customer
systems that unite customer relations,                                                             with all the tools that in-depth knowledge of
inventory, fixed operations such as service        Campaign marketing                               his or her background supplies.
and parts, and sales management into a            By accessing the in-depth information in
comprehensive package of extremely cost-          its customer profile database, a modern           For example, a customer’s profile may
effective, user-friendly tools that can be used   CRM system should assist a dealership            include the fact that the family has a
not just at the dealership, but practically       in performing campaign marketing based           daughter who is the right age to graduate
anywhere in the world.                            on a virtually limitless combination of          from high school and perhaps head off to
                                                  characteristics. For instance, a dealer may      college. Armed with this information at
Speed is #1                                       have acquired a number of specially equipped     the right time, the sales person can contact
The first thing most users should notice is        SUVs to be offered at a promotional price.       that customer and suggest that there are a
the quantum increase in speed of operations       Using a modern CRM system, the dealership        number of vehicles at the dealership that are
in some modern Web-based CRM systems.             can select from its customer database all        the right type for a young adult starting life
Thanks to major improvements using the            customers who purchased an SUV two or            on her own and available at very reasonable
.net programming language CRM systems             more years ago and put together a campaign       prices. Tracking customer history allows you
can now move up to five times faster.              addressing each customer personally,             to market your products to customers based
Along with this increase in speed, systems        informing him or her of this special offer.      on vehicle age, out-of-warranty status, miles
can be made significantly more powerful,                                                            and many other tracking elements, as well as
offering capabilities and dealership-wide,        The campaign may consist of: personalized        to understand the true overall lifetime value
in-depth integration never before seen in the     letters to each customer, automatically          of the customer to your dealership.
industry.                                         printed out and ready to be signed by the
                                                  sales person who assisted the customer           Service integration
A good CRM program should include                 in his or her original purchase; personal        A modern CRM system needs to recognize
significant improvements such as:                  phone calls from that sales person to his        the value of fixed operations, not just for
   • Improved user interfaces.                    customers, asking them to consider taking        their potential as profit-producers, but also
   • Enhanced flexibility of operations.           advantage of the sale; automatically printed     as the driver of a variety of marketing
   • Increased adaptability to the                follow-up postcards sent as reminders of the     campaigns and sales efforts.
     individual needs of the dealership.          promotion; and personalized e-mails directed
   • Fully integrated dealer database             to those customers who have Web access. It       CRM Integration with service and parts
     management.                                  is important that a CRM system allow the         provides many advantages. Individual
   • Real-time tracking of sales and              dealership to select customers based on          customer profiles are used to automatically
     customer history.                            custom criteria so that any market situation     notify customers of service intervals
   • Easier-to-use customer contact,              can be exploited to create additional sales.     and schedule service appointments.
     follow-up       and        scheduling                                                         Customers are automatically contacted
     procedures.                                  The selectivity of any campaign is limited       when special order parts arrive. But that’s
   • Exceptional brand development                only by the depth of information in the          just the beginning. Customers can be
     capabilities.                                customer profile database.                        sent personalized recall notices, letters
   • Integration    with      value-added                                                          detailing service specials related to his or
     partnerships.                                Customer proÞling                                her individual vehicle, or any of hundreds
                                                  The more a dealership knows about its            of service- or parts-related promotions.
As a result, an effective CRM system can          customers – especially repeat customers          By integrating the customer profile data
be a vastly more powerful profitability tool       – the easier it is to serve each customer’s      throughout the dealership’s system, service



  18
records and parts orders can also be used            not on local computers. There’s no          require a password. And screens should
as the basis for special sales promotions on         costly network cabling to install or        be secured by state-of-the-art, 128-bit
vehicles. For example, for vehicles about to         expensive servers to set up and run.        encryption – the same extreme security that
go out of warranty based on mileage, special       • Virtually 100 percent capture               some banks use to protect their Web sites.
promotional mailings can go out reminding            of showroom, service and parts
customers that they can purchase extended            department phone and Internet               E-mail and internal messaging addresses
service contracts or step up to a new vehicle.       traffic – Because a Web-based                for all users
When making the tuff decision to cover               system can be so tightly integrated,        Every individual user should be assigned
or not to cover work that is not paid for            capturing and tracking customer             e-mail and an internal messaging address,
under warranty in order to save a valuable           information is easier, faster, and more     enabling group and individual internal
customer, a single of view of sales and              reliable. Follow-through operations         communications, as well as full-featured e-
service history is invaluable.                       are completely automated, including         mail capabilities across the Internet.
                                                     phone, e-mail, and mailed material.
Regulatory compliance and partnerships               Leads can even be directed to Web-          Automatic upgrades
are important                                        access phones and handheld PCs,             With a Web-based CRM system dealers need
A modern CRM system should develop                   for even greater flexibility and faster      never be concerned about their system being
value-added partnerships. By joining forces          response.                                   out-of-date. These systems should provide
with other technology companies, a modern          • Efficient data mining – Captured             regular, no-cost upgrades automatically,
CRM system can offer a broad spectrum of             customer information is one of the          making sure that it delivers maximum
ancillary services. e-PULSETrak is partnered         most valuable assets of a modern            performance and reliability.
with SecureTrak, a system that helps ensure          CRM system. Using this data,
that auto dealerships achieve and maintain           dealers can profile customers and            Designed to boost achievement
compliance under regulations based on the            direct marketing specifically to their       Any dealer knows what an industry
Graham, Leach, Bliley Act, among others.             individual needs. It’s not only more        achievement award can mean for the
It is also necessary that a CRM system be            effective, it is a lot less expensive to    dealership. A modern CRM system should
integrated with the national No-Call list            target customers and prospects in this      be designed specifically to help dealers earn
to help the dealer stay in compliance with           manner.                                     manufacturers’ awards. A good system will
national regulations.                                                                            make it far easier to meet award-winning
                                                 Customer      training/education          and   customer service standards and maintain
Secure, Web-based operations                     customization                                   those standards year after year.
Rather than being limited to designated          The best technology in the world, if not
computers at the participating dealership,       supported by training/education, consulting     Most important an efficient and effective
usually on the dealer’s local area network, a    and process development, will eventually be     system will provide street-smart business
Web-based system offers greater flexibility.      rendered useless. Training is as important as   management that is integrated with the
That means an individual with an approved        the technology itself. Training should cover    most technologically advanced, Web-based
login name and password can access it from       when and why to do things, not just how it’s    customer relations. It will be smart. It will be
any Internet-connected computer. This not        done.                                           comprehensive. It will be easy to use.
only allows 24-hour-a-day access from
virtually anywhere, but also eliminates the      Trainers should have dealership experience      Above all, a Modern CRM system will give
need to set up and maintain a computer           and should understand the business. There       automotive dealerships the advanced tools
network, greatly reducing the hardware,          are several departments that can be enhanced    needed to successfully meet the demands of
networking and personnel costs.                  with a Modern CRM system and training is        today’s highly competitive market.
                                                 often required in areas such as business
A Web-based CRM offers a number of               development centers, sales, service and
advantages over a customer relations system      process development.
run on a local area network.
                                                                                                 Mark A. Strong, is the vice president and
  • Lower cost – There’s no need to              Security comparable to a bank                   COO of e-PULSETrak.com. He can be
     set up a costly network, because            Security is a prime concern for any CRM         contacted at 866.885.9751, or by e-mail at
     the system exists on the Web and            system. For this reason logging in should       mstrong@autosuccess.biz.



                                                                                                                                        19
BrianBenstock


                                                      What Does it Take to Sell
                                                 an Extra 100 Units per Month
                       Paragon Honda has         since geared up to improve our closing ratio,    service departments. We offer customers
                       generated more than       and last quarter it was 25 percent, according    in the service departments free personal
                       106 additional sales      to Honda’s Internet Report. We are very          Web sites, and the cashier has a poster that
                       a month by changing       pleased because we have increased our            advertises this along with small sign-up
                       its marketing and sales   traffic to our showroom, phone and Internet       cards for customers to give their e-mail
                       strategy. We decided      department while reducing our cost per sale.     addresses. We recently gathered thousands
to adjust our marketing strategy to target                                                        of e-mails at an auto show in New York by
customers on the Internet because nearly 90      Once we included our Web address on all of       offering customers free virtual test drives
percent of our buyers begin their shopping       our traditional advertising, we were ready to    on the vehicles that interested them. We
online. More of our customers look to the        take our marketing strategy to the next level.   know that e-mail marketing is the future,
Web when they’re researching their next car      We now collect e-mail addresses from all         and we have decided to make it a big part
purchase than TV, radio or print, and we want    our customers by offering them free things       of our marketing strategy. The best part is
to be where the majority of our customers        they want. For example, every prospect that      that I know that if I can gather the e-mail
are. Within two months of launching our          calls or visits our dealership is offered a      addresses, I already have the pre-packaged
new marketing system, we established a           “Free Virtual Test Drive” on the vehicle that    campaigns, and they cost me absolutely
dominant presence on the Web and set up          interests them. Most customers are curious       nothing to send.
a complete Customer Relationship Center          about a virtual test drive, so they’re willing
to ensure that all of the Internet and phone     to give their e-mail address to get one. As a    To handle the response to all this aggressive
leads were handled effectively.                  result, we get the majority of our customer’s    marketing, we set up a Customer Relationship
                                                 e-mail addresses, whether they call, click       Center to ensure that the only people taking
The end result was an extra 106 sold vehicles    or come into our dealership. We now have         inbound phone calls are people with
the first month we were up and running. Not       thousands of e-mail addresses that we use        exceptional phone skills. I don’t know about
only did the volume of leads increase, we        to conduct marketing campaigns. We have          you, but if you listen to the average sales
increased our closing ratio from seven percent   hundreds of pre-packaged, multi-media            person’s ability to take an inbound phone up,
to 25 percent. How did Paragon do it?            buzzmail campaigns that we can send              it can be scary. Our sales people are able to
                                                 to customers with a few clicks. We have          do what they do best: sell cars. And our CRC
We switched Web site providers. We needed        campaigns for every month of the year,           staff is able to do what it does best: ensure
a new system that was capable of getting the     every season and a number of different           customer satisfaction and sell appointments.
results we wanted. Our new partners gave us      themes, including inventory reduction,           Sounds simple, but the key lies in building a
not only the tools, but the training we needed   clearance, holiday events, special finance        team of trained specialists who can take all of
to build our skills and implement best           and more. Customers are blown away by            the incoming calls and respond to all of the
practices from around the nation. They’ve        these campaigns, and we get a lot of people      Internet leads. Find the right people and train
even helped us set up a full-blown CRC           who respond just to say how cool these           them to become ninjas on the phone, and
department. After the first month we had          buzzmails are.                                   you’re set. Using this model, we’ve lowered
a brand new Web site that generated more                                                          our cost per sale and sold an additional 106
leads than we had anticipated. So our closing    We’ve recently been very aggressive in           units a month after learning to use our new
ratio was only 13.8 percent but we have          gathering e-mail addresses in the sales and      Web site and online marketing strategy as a
                                                                                                  phenomenal lead generator.

                                                                                                  The Bottom Line.
                                                                                                    • Paragon Honda used its new digital
                                                                                                      marketing strategy to increase its
                                                                                                      sales by 106 units in one month.
                                                                                                    • Paragon Honda increased its closing
                                                                                                      ratio from seven percent to 25
                                                                                                      percent.
                                                                                                    • Paragon uses a digital marketing
                                                                                                      system built to help grow its
                                                                                                      business.
                                                                                                    • Creative marketing online and
                                                                                                      offline has created more showroom,
                                                                                                      phone and Internet traffic.


                                                                                                  Brian Benstock is the dealer principal of
                                                                                                  Paragon Honda and Acura. He can be
         “Our sales went from 20 to 214 after rebuilding www.Paragoncars.com”                     contacted at 800.601.3214, or by e-mail at
            - Brian Benstock, Dealer Principal of Paragon Honda and Acura                         bbenstock@autosuccess.biz.


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Move a cohesive opportunity Internet consumers are the key to success over aged inventory in - Internet Department’s - Take home - How to manage lead new, used and parts steps and processes to examples of effective - Individual goal setting providers and Web site - Forge a deep trafÞc to bring on real the appointment/sale merchandising you - Managing activities relationship with your ROI & not just hype - Gaining revenue in the can put to bring results manufacturer to help get - When technology can Þnance department and immediate use - Daily one-on-ones: The correct inventory, ßoor help you and where it getting them to become key to success line and capital can hurt you more atoned to the - Your selling attitude: - Praise every - E-mail prospecting Internet customer improvement in sales pitfalls, how too much - Meeting and exceeding Mirroring behavior goals, certiÞcations, etc. of a free thing can hurt Internet customers - Building your dealer out in public your store expectations brand MGM Grand Las Vegas, Nevada November 3 & 4, 2005 Randy Barone Vice President of Robert Revere CRC Director, Avondale Kevin Root VP & GM, Dealer Jennifer Picheco Erik Stuttz Vice President of Consulting, STC Group Limited Seats, Register Today! Sales, American Auto 866.317.7914 Auto Group Advisory Service, The Director of Exchange Inc. Cobalt Group e-Commerce, Germain Case Study: Paragon 10 Must Haves for Motor Company Honda & Acura uses Case Study: Transition CRC to sell 106 extra Today's Used Vehicle Case Study: Processes Department from Internet BDC to Case Study: Germain cars in one month. the top 20 dealerships modern day CRC Motor Company’s You will learn: You will learn: Case studies from successful use to convert more Internet department - Sales people, the leads to sales - How we increased our sells over 200 cars per leads and increased right number and the You will learn: month - here is our our closing ratio from 7 dealerships across the country. right type - Lower compensation You will learn: secret percent to 25 percent - How to achieve a 50 percentages percent closing trade-in - Use the top three - How to evaluate the - Lower overhead key success drivers to You will learn: different CRC models ratio - 100 percent convert leads to sales - Dedicated vs. to choose the one that - What to list online for Designated works for your store maximum results accountability - Avoid the three most - The pricing fear factor Class room style seating only - How to eliminate common mistakes that - How to staff your CRC - Higher results - Are you really listening - How to build out & wholesale loss kill sales to the customer? overcome obstacles to - What to stock (80 - Maximize your lead - Third-party leads... $695 in advance, $995 after percent of inventory creating a successful volume Why not? CRC turning in 22 days - Respond to leads - Move forward or move - Best practices for or less) on - Our follow-up October 5, 2005. - Best practices of some - Drive for appointments turning leads into schedule appointments that show of the largest dealers - Focus on processes - Measure, track and and appointments into and dealer groups in the that deliver results feedback sales country Speakers and times subject to change
  • 5. SUMMITIII BEST PRACTICES LEADERSHIP • INTERNET • CRM • MARKETING • BDC • SALES Call today to register. toll free 866.317.7914 web www.autosuccess.biz
  • 6. 8 Three Powerful Words to Sell More Effectively BrianTracy INSID Cleats and a Helmet Why Create a Follow-Up System Stop Being a Victim 9 10 12 SeanWolfington ChrisHanson AnthonyHall With New Software 13 Dealer and Lenders Experience Leading-Edge Advantages RandyBarone The BIG Lie of Selling 14 MichaelYork Creating the Championship Mentality 16 ChrisAlford CRM Keeps Getting Better, Faster and More Powerful 18 MarkStrong What Does it Take to Sell an Extra 100 Units per Month 20 BrianBenstock Hire Quality People by Asking Quality Questions 22 TomGegax To Price or Not to Price 24 PaulAccinno Your Daily Check List 26 JimAdams Administrative Personnel are Important, Too 27 CarolMartin-Ardell Quotations to Think About 28 ScottJoseph The Five Keys to Success 30 MarkTewart Everyone Wants to be a Champion 31 TonyDupaquier Managing Your Lead Sources for Optimal Quality 32 DaivdKain Fake Smiles vs. Real Smiles 34 PattiWood Exodus 34:2 “Be ready in the morning, and then come up.” 3411 Pinnacle Gardens Drive Louisville, Kentucky 40245 ! Toll Free: 877.818.6620 " Facsimile: 502.588.3170 Isaiah 41:13 Patrick Luck, Editor & Publisher “For I the Lord thy God will hold thy • pluck01@autosuccess.biz right hand, saying unto thee, Fear Susan Givens, Vice President not; I will help thee.” • sgivens02@autosuccess.biz Courtney Hill-Paris, Sales-improvement Strategist • chill-paris04@autosuccess.biz Brian Ankney, Sales-improvement Strategist • brian01@autosuccess.biz God Bless America Thomas Williams, Creative Director • twilliams03@autosuccess.biz 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@autosuccess.biz. Subscription rate is $75 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. 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. BrianTracy Three Powerful Words to Sell More Effectively There are three The first is “feel.” For example, “How do or “How do you feel about leasing?” powerful words that you feel about that?” is a very easy question you can use as you to answer. It is almost impossible not to The second, and even more significant word, proceed through the express a feeling when asked for one. A is “think.” When you ask, “Do you think this sales conversation in few other questions to gain an emotional would be better than what you’re currently order to have the most response from your prospect are, “How do driving?” you are asking the person to take successful results. you feel about shopping for a new vehicle?” a much more definite stand. People are sometimes a bit more hesitant to answer a “think” question but they are much firmer in defending their position once they have. The third expression is in your opinion. The word feel is soft, the word think is harder, and the words in your opinion are the most definite and specific of all. When you ask, “In your opinion, is this the best choice of vehicle for what you want?” you are asking the prospect to take a definite stand. Carefully phrased questions are powerful tools in every part of the sales process. Once a person has stated his or her opinion on a subject, they are locked into it. The person almost always will defend and justify their decision rather than change it. Carefully phrased questions are powerful tools in every part of the sales process. The more of them you have and the better you use them, the more competent you will appear and feel, and the more sales you will make. Use feel during the early part of your sales conversation. Focus on getting good information rather than trying to sell. Second, move to asking questions using the words think and opinion later in the conversation when you want a definite answer or you are moving to close the sale. Brian Tracy is the chairman and CEO of Brian Tracy International. He can be contacted at 866.300.9881, or by e-mail at btracy@autosuccess.biz. 8
  • 9. SeanWolfington Cleats and a Helmet MEET YOUR NEW “I’ve got the cleats skills to a technology whiz. E-PLOYEE... and a helmet, coach … • Create a profile and clearly defined job take me to the Super description for each position within the Bowl!” Yes, it’s true department. WORKS 24/7 WITHOUT A that you need a pair of • When lead volume increases (or when cleats to play, and if you want to reduce your a player gets benched) be prepared to SICK DAY OR VACATION! chances of getting hurt on game day you’d bring on additional staff. better wear a helmet and some pads. But, are • Rely on a digital marketing system that cleats and a helmet enough to take you to the automates much of the process - handle Super Bowl? No way. more leads with fewer people. The most successful eDealers in the nation Web site & CRM Tool: Equipping the have figured out that cleats and a helmet Team with the Best Gear may get you off the sidelines and into the • Post the content customers want. game, but equipment alone will not take you • Design it so it’s easy to use. to the Super Bowl. A winning team is like • Keep customers online with highly TIMEHIGHWAY.COM replaces a successful dealership: The owner defines interactive functionality. telephone-based scheduling with his or her strategy, recruits the right coach • Use compressed multi-media animation internet technology that enhances and players, equips them with the right gear so the site is fast, even when viewed at the effectiveness and customer and follows a playbook to carry the ball over 56k. satisfaction of your dealership. the line. Let’s see how the football analogy • Focus on results: A lead and a sale! By scheduling appointments plays out: • Measure your conversion rate. Average directly through your web site, sites convert 2 percent of visitors - aim your customers make conÞrmed Strategy for 10 percent to 25 percent. appointments instantly without • Define your Internet marketing strategy • Save time with technology that call-backs. TimeHighway.com and budget to attract traffic to your site automatically updates data. puts your service department’s and your showroom. schedule on your web site, • Define the staffing model and the most Process: Create, Practice and Master a making it possible to schedule effective pay plans to drive results. Winning Playbook appointments 24 hours a day, 7 • Create a detailed eCRM business • Define a process that incorporates days a week, from anywhere. plan with clearly defined actions and proven best practices. timelines. • Train your team on the skills needed to • Ensure healthy gross profits by clearly set appointments and sell cars. • Your 24/7 Revenue defining your pricing philosophy and • Make them practice until they puke! Building Tool strategy. • Save time and increase efficiency with • EfÞcient and Simple to Use • Use e-mail marketing to promote your customer management tools that can dealership. automate parts of your process and free • Automatic ConÞrmation • Leverage search engines and online your people to sell more cars. and Reminder Emails relationships with regional sites so • Use the reports to identify problems • Cost Effective: Only 54 customers can easily find you. and opportunities to continuously • Leverage your traditional media to improve the process and the results. cents an hour promote your Web address. You wouldn’t try to get to game day with For More Information Contact People: Build the Team nothing but cleats and a helmet, so don’t Karen Dillon at 800.901.3054 or • Determine the right number of people kid yourself into thinking that your Web site kdillon@TimeHighway.com to staff the Internet Department or alone is all you need to compete in the car Customer Relationship Center (CRC). business. • Document and implement your process for recruiting, hiring and training. • Define the skills and talents you’re 5633 Strand Blvd, Suite 302 Sean WolÞngton is the owner of Naples, FL 800.901.3054 looking for and remember that it’s BZResults.com. He can be contacted at www.TimeHighway.com easier to teach technology to a great 866.802.5753, or by e-mail at sales person than it is to teach sales swolÞngton@autosuccess.biz. september 2005 9
  • 10. ChrisHanson Why Create a Follow-Up System Most people, when details on how to follow up with customers. they like? They have bought from you before asked why they They said their customers tend to shop around and they like you. And if a year hasn’t gone purchased their car, more. They tell me that in the past you could by they even remember your name. You can said they did so just expect them to come back in but now concentrate on finding the right vehicle and because they liked they really need to stay in touch with their having fun, and you even made some money. the sales person. Not the dealership, the customers and create a follow-up system. And they like you so much that they send sales person. So why is it that 82 percent of you referrals, and those of you who deal customers couldn’t even remember their sales with referrals know how easy they are to person’s name a year after the sale? What I have a sequence deal with. happens from the day they buy their new car of thank you notes, and then a year later? Don’t you think that if video e-mails, phone How Often? they liked the sales person that they would I contact my sold customers every 45 days. like to purchase their next car from them calls, a quarterly Unsold customers are much more time- as well? Let's take a look at what happens newsletter I send in sensitive in the beginning and then every and what we can do to keep our customers the mail, a monthly 45 days after that. I have a sequence of coming back because it takes more than just a phone call and a thank you card. e-mail newsletter, a thank you notes, video e-mails, phone calls, a quarterly newsletter I send in the mail, a personal Web site monthly e-mail newsletter, a personal Web New Sales people they can visit and I site they can visit and I send them different If you’re new in the business, the number send them different unique notes. I have a very exact system that one reason to create a follow-up system is I follow, one for sold customers and one to build a successful business because you unique notes. for unsold customers. Because of this my don’t want to live on “ups”. And don’t look customers never forget my name but how over at Mr. 20-Year-Veteran, Joe Sells-a-ton- You just can’t leave your follow-up to hit could they? And do I get referrals? You bet! of-cars, and think, “I can’t wait until I’ve and miss, you need a system. One that is the been selling for 10 to 20 years.” You don’t same with every customer no matter what. If you develop a follow-up system and use it have to wait. If fact, many of those sales with every customer you will sell more cars, people are losing business everyday because A Sold Customer Follow Up System and have more fun, make more money and start they don’t follow up correctly. How do I an Unsold Follow Up System. to take less ups. know? Because I receive e-mails and phone Let's look at some other reasons we should calls every month from them. Times have have a follow-up system: If you need help in developing a system or changed; there are tons of choices out there. would like to find out more details, please Makes, models and other sales people going Fresh Ups contact me and I’ll help you get started above and beyond to wow their customers. Can you say work? When you take an up so you can scrap your job and start your that you have never dealt with before, what’s career! Veterans that like? You need to work hard on building Many veterans have called or e-mailed me rapport and trust. Sometimes it’s a grind and and told me that the car business just isn’t downright tough. And where’s the money? the same anymore and it’s affecting their Chris Hanson with Hibbing Chrysler can business. Even people that have been in the Repeat and Referrals be contacted at 800.901.2862, or by business for 20 years. They are asking me for Now let's look at a repeat customer. What are e-mail at chanson@autosuccess.biz. “I look forward to each edition of AutoSuccess because it has many interesting and informative articles about every phase of the automotive industry. I have been able to extract many ideas that I have been able to use in sales meetings and even implement in my Lincoln-Mercury store. It is by far, my favorite automobile magazine.” David Camposano, G.M. Germain Lincoln Mercury, Naples, FL 10
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  • 12. AnthonyHall Stop Being a Victim We live in a time that more than anything else equips them to litigious world, being a victim often pays. where relentless and successfully implement change? That is an unfortunate consequence of an pervasive change is no unhealthy belief. longer news to anyone. It is something that is becoming increasingly There is one important rare — a motivating sense of personal As long as we view ourselves as victims, implication of this responsibility. That is, a deep and abiding we’re unable to change ourselves or our situation that continues to be a challenge: belief that one is responsible for one’s own circumstances and achieve better results. It is That we need to continually change our behavior, as well as the consequences of that not our fault that we’re not doing better, we behavior to adapt to the world around us. behavior. tell ourselves. Someone else caused it. And because it’s someone else’s doing, the power Developing more effective sales That seems so basic and common, yet few to fix it and make it better is with someone organizations always involves making people actually exhibit it. Over and over in else. We’re powerless to fix it. changes in the company. And sooner or later, my work in developing sales people and that means that some of the sales people and their managers, I’m struck by how many While few people admit it or even realize it managers must make significant changes in people fail to accept responsibility for their consciously, this “victim attitude,” the direct the way they think about and do their jobs. own success or lack of it. opposite of personal responsibility, is very common and embraced to some degree by What is it that empowers some people to It’s far more popular to be a victim. We most of us. This is especially true of sales change smoothly and effortlessly, while have all shaken our heads sadly over people, who could always do better if only getting others to modify their behavior some newspaper account of someone who something were different — something that seems like moving a mountain? What is the commits some act of irresponsibility then someone else controls. If only we had lower fundamental building block for individuals successfully sues someone else. In our prices, better advertising, an understanding manager, stronger F&I. You know the litany because you’ve chanted it. Once you realize that most of the time This Dude Is Bad. the problem is yourself and your attitude, change for the good will come. Realize you’re responsible for your own behavior, That's Good. People with bad credit aren't always bad people. your own thoughts and attitude. Once you accept personal responsibility, you have the power to change your success. Once They can be really good if you again, the lesson is clear: When there is no know how to find and process acceptance of personal responsibility, there them. Last year we handled over is little hope for positive change. Where 2,500,000 Sub-Prime leads with there is personal responsibility, the future our VOISYSTM Loan By Phone, holds unlimited potential. Direct Mail and Internet programs. We guarantee our Your struggle to bring about significant programs, performance and results 100%. change in your success will depend on Call us now and learn how the depth to which you embrace your we can help you with responsibility to make personal changes. Sub-Prime prospects. You'll do Your efforts to improve the productivity of a better job and generate your sales effort will ultimately depend on extra profits! the degree to which you accept personal responsibility to make changes in behavior Good is good. that will improve your results. Bad can be awesome. 1-800-438-8642 www.voisys.com Anthony Hall is a training consultant at Ziegler Supersystems. He can be “We're the car guys helping car guys!” contacted at 800.610.9047, or by e-mail at ahall@autosuccess.biz. 12
  • 13. RandyBarone Dealers and Lenders Experience Leading-Edge Advantages Turn Your With New Software Internet Leads Relationships that to help bolster a dealership’s credibility into Showroom automotive dealers have with key lending among customers. Appointments... institutions have a Boosting Dealer ProÞtability – and Saving tremendous impact on Lenders Time and Effort dealership success in Another tremendous advantage the auto- any given market. That’s why new lending- lending industry and dealerships enjoy related software has become a “must have” with new dealer software is the instantly tool in the industry. Dealers who have the generated inventory book difference report. most up-to-date software available to help The report allows an F&I manager, or one facilitate the lending process have a strong who works with pre-owned vehicles, to competitive edge. Now, more than ever, it instantly view inventory at any percent of is important for dealers to provide the right book loan or trade value (i.e. inventory cost tools and information lending institutions against 110 percent of Black Book trade-in). need to make fast, accurate and profitable From a dealer’s perspective, the software loan decisions. Innovative new software factors in the need for making a profit on programs do just that. the transaction. It also identifies the exact inventory that you can sell to consumers to Enhancing the Appraisal Process on Pre- absorb their current loan deficit, ensuring an Owned Vehicles acceptable profit. This saves customers time The benefit of new software systems in that they aren’t looking at vehicles they begins right at the appraisal stage, when a can’t purchase. From a lender’s perspective, pre-owned vehicle is brought to a dealer the process saves tremendous effort because as a possible trade-in. The new software time isn’t wasted trying to arrange a loan for provides dealerships with valuation and which a customer won’t qualify. These tools reveals how much lending companies are also save finance personnel from working on willing to finance a particular vehicle. deals that should have never made it to their Knowing upfront that a particular vehicle office. can be financed, and at what loan amount, enables dealership personnel to make better One of the benefits most often cited by inventory management decisions. Vehicles lenders who’ve experienced these software that have potential glitches in obtaining systems is that they provide dealers with an financing can be immediately recognized accurate, streamlined process for storage and avoided, while more profitable vehicles and delivery of book information. Book out can be identified and added to inventory to sheets are created by the system and inserted help dealers turn their inventory faster. into deal jackets to document a vehicle’s Guaranteed... valuation at the time of trade. The software also helps establish the credit score that a potential customer needs to obtain a loan. This vital inside information The adage “time is money” is especially true in the automotive industry. With new or helps facilitate the purchase once a customer decides to buy the vehicle. These tools also software programs on the market, now there’s more opportunity than ever for dealers to use You Don’t Pay! identify credit-challenged customers sooner. their time wisely – especially regarding appraisal and purchasing processes. Now Improving Inventory Management they can be faster and easier. The result? In terms of current inventory, contemporary More efficient and financially beneficial Call today for a free estimate programs enable dealers to identify which transactions for the customer, dealer and on implementing cars and trucks on their lot are priced below lender. the TIMS system in your store. the value that lenders will finance. This way, they know exactly which vehicles need to move, so they can get on with the business of maximizing profit. Also, dealers can Randy Barone is the vice president of obtain a water report with just the click of a sales at American Auto Exchange Inc., a www.worlddealer.net subsidiary of JM Family Enterprises. He e-mail: info@worlddealer.net mouse. Ensuring that the price for a vehicle can be contacted at 800.901.3017, or by 866.429.6826 aligns with book list value is a surefire way e-mail at rbarone@autosuccess.biz. september 2005 13
  • 14. MichaelYork The BIG Lie of Selling It’s been talked about boring blah, blah, blah … that they will, of do you suppose remnant space is priced? for 100 years: closing course, need to think about. How can you Bargain basement. Close-out. Fire-sale. No the sale! Sales trainers stand out in a marketplace today of sales- profit. And this staff had conditioned lots have made buckets sameness? How do you establish yourself of advertisers to wait for this remnant sale of money teaching it as a professional selling performer? How every issue. Not only did the advertisers buy to sales people who skilled are you at asking questions that set the space at deep discounts, but by waiting couldn’t make much money with it, but made you apart? How well do you listen? How until the close of the issue it created a lots of prospects angry doing it. It’s closing. do you create real value for the customer? chaotic condition for production to finish the How do you feel when you get “closed”? How can you position yourself as a resource magazine, turn out proofs, etc. In three days The alternative-of-choice close. The sharp- to them and to the organization? Welcome each month they were selling any profits angled close. The impending-event close. to “The Now Economy.” Where no one that had been created the first 27 days of the The “about-how-much-too-much” close. cares about how good you used to be. What month and conditioning the market to resist Close early and close often, they’d say. Do customers are asking now is “How good will the published rates in the knowledge that the whatever you have to do. Say whatever you you be next week?” fire-sale would soon arrive … again. have to say. Do that “hoodoo” that you do so well. Just bring back a signed contract! This marketplace is all about thinking No profits. No making goals. But lots of and performing differently when it comes sales were made in those final few days. It’s not about closing (if it ever was). In to selling. Selling is all about “revenue Sound like an employee discount sale? One “the show” it’s all about opening! Opening generation” and revenue generation is more day soon it has to end. Then what? Selling doors and opening relationships and opening than just selling. Confused? Don’t be. When Lesson: All sales are not revenue generation minds to change. you think like an owner you will know that for the company. Over the next 12 months, profits are better than wages. Profits are we set nine of the top 10 advertising records Become known as an opener. A professional better than sales! That means when you sell in the 20-year history of the organization. interviewer looking for permission to something, you should know how you, and proceed. It will separate you as uncommon, the organization, will profit. What’s the gross That’s why I say it’s not about sale training! not like all the other plastic pretenders who profit? Is it good business for the company It’s about understanding and creating revenue are only interested in “what will it take to get (and you) or is it just a sale? generation company-wide. Not only did we your business today?” Pulleeezzze … . have to change the mind and actions of the After taking over a sales operation at a media sales team, but I had to win back credibility How long will you have it even if you get company a number of years ago, I met with and trust from editorial and production and it? Believe me when I tell you someone will a group of experienced selling professionals management and other departments who saw be asking the “what will it take” question as who had not made a sales goal in 18 months. what sales had become. soon as you leave or your prospect does. Get When I asked them why, they had a great better or get used to getting beaten by better list of reasons. Which soon began to sound Any sales trainer could have come in there questions and better performers. like a list of excuses, and at the top of that and taught them how to sell more, and list? “Our goals are unrealistic!” And what without changing some of the infrastructure do you base that on?” I asked. “Simple. We they would have sold themselves into Prospective haven’t made goals in a year-and-a-half!” oblivion and continued to lose trust all over Oh. So that’s how it works. The inmates the building and the marketplace. buyers … will rationalizing the asylum. nod and appear Think profits. Think better questions. Think My job was to create understanding that the opening not closing … think! Opening the to be listening goal is the target and what was unrealistic was “the how.” How they were doing it show is a big part of closing any transaction and making sure the customer experiences while you deliver was not only not going to get us to goal, value and a great feeling about his or her another boring moreover it was killing profits when they did sell something. decision to buy. blah, blah, blah For my short list of other selling myths … that they will, For 27 days or so each month they struggled to sell advertising, usually what could be sold and more selling truth, e-mail me. To your uncommon success. of course, need to by default. In other words, it was a specific think about. issue or time of the year when the advertiser or agency had already decided to be in the Michael York is an author and professional magazine no matter who the sales person speaker. He can be contacted at was. Then the last three days of the month 800.668.5015, or by e-mail at Prospective buyers will nod and appear became a mad scramble to sell the space left myork@autosuccess.biz, or visit to be listening while you deliver another over, or what’s called “remnant” space. How www.MichaelYork.com. 14
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  • 16. ChrisAlford Creating the Championship Mentality “If you don’t control making, gives you irritable bowel syndrome The way we talk determines our level of your mind, someone and makes you eat Rolaids. Before you success. else will.” realize it, systems break down, short cuts - John Allston abound and mediocrity establishes itself as When we say, “I’ll try to study more,” a lifestyle. or “I’ll try to work on my technique,” or It’s simple. The secret “I’ll try to sell one today,” chances are we to success balances between two circles. It is impossible to grow or succeed when will fail. Why? The word “try” is an open Filled with unseen power, these circles you operate in the circle of things Beyond door that always offers the user an out. For wield their might as sure as the universal Your Control. Unfortunately, this is where example, if a client says, “I’ll try to come law of gravity or the cycles of nature. Each most people spend the bulk of their time. back Thursday,” we know from experience circle functions independently, and each BYC is less demanding. It allows us to try to it is not going to happen. True Champions circle creates its own outcome. Nature get things done without actually producing don’t “try” to study; they study. Winners decrees that you can’t occupy both circles results. Here, we can safely wish that things don’t “try” to work on their technique; they simultaneously, but you must be in one at all would change and that outcomes were better. work on it. Power’s mantle rests on the times. Call these circles BYC and IYC. Champions know it. Wishing is easier than shoulders of those who replace “I’ll try” working. with “I will.” Say it like you mean it. Be determined to achieve your goals. Nature decrees Understanding IYC The championship mentality lies solely in the Step Three: ACT with Purpose that you circle of things In Your Control. While BYC Actions speak louder than words. Execute a can’t occupy holds thousands of things, IYC consists of only three things: hand-written, activity-based action plan at the start of each day. Include professional both circles objectives as well as personal goals. Be simultaneously, The way you think. specific. If your goal is to improve customer The way you talk. delight, be careful of vague, hand-written but you must The way you act. goals like, “I will send out some thank you notes this week.” Let your actions speak! be in one at all The secret to this circle is its simplicity. Frank Hand-write a list of specific things you will times. Call these Outlaw demonstrated his understanding of do and make that goal a reality. “Today I IYC’s power when he said, “Watch your will write 10 thank you notes to customers circles BYC and thoughts; they become your words. Watch your words; they become your actions. I talked to, but did not sell.” Writing out your goals does take time, but the process IYC. Watch your actions; they become your of writing them creates momentum. Donald habits. Watch your habits; they become Trump says, “Written goals increase your your character. Watch your character for chances of success by 99 percent.” Like The BYC circle holds everything that is it will become your destiny.” Focusing on a welder’s torch cutting metal, the simple Beyond Your Control. The IYC circle the way you think, talk and act means goal act of writing down your goals in specific contains the things In Your Control. Neither completion and successful results! language focuses your energy into purpose- circle discriminates against anyone, but the filled activity. variables inside can either create or destroy a Cultivating IYC championship mindset. Step One: READ with Intent It’s your choice: BYC or IYC. You can allow Readers are leaders. Reading stimulates people and events Beyond Your Control to Understanding BYC thought, and thought dictates action. If you dictate a life of inaction, frustration and Inside the circle of things BYC, there are want to improve your leadership skills, read regret, or you can command your own thousands of things: weather, taxes, factory how great leaders improved theirs. If fear destiny in the circle In Your Control. Harness programs, interest rates, co-workers, hot- has you paralyzed, read a book on how to your thoughts, and keep them moving in the headed customers, governmental policies overcome it. Perhaps the skillful use of body right direction. Feed your mind the highest - you name it. language will help you to put your clients quality information you can find. Fill your at ease. Find out how to do it in a book. speech with words reflecting your level of There is nothing championship about Reading plants the knowledge of the ages in determination, and act out your plan. Think standing in the circle of things Beyond your head. Champions make time to study like a champion. It’s just that simple. Your Control. By its very nature, the circle their craft. Reading is preferable; however, of things Beyond Your Control blocks if time is short, grab a motivational CD or creativity and diverts success by wasting a book on tape and listen to it during drive focused energy. In addition to gossiping, time. How you do it doesn’t matter. What griping and complaining, people operating does matter is that you do it. Chris Alford is the president of Motivate in this circle worry about things over which America and Chris Alford Concepts. He they have no power. Worry splits teams, Step Two: TALK with Determination can be contacted at 866.881.9315, or by breaks relationships, clouds your decision- Talk follows thought and determines action. e-mail at calford@autosuccess.biz. 16
  • 17. Ever wonder where your customers go when it’s time for another new vehicle? Stay with us and they’ll stay with you. When you put your customers in a Chrysler Financial lease or contract, you’ll get their business again. Because everything we do is aimed at delivering the customer back to you. From customer retention and capital loans to floorplan programs and training, our people, products and services are solely dedicated to helping you sell more vehicles. We’re so completely invested in your long-term success, it’s no wonder more Chrysler, Jeep and Dodge dealerships choose us as their financial partner. ® Chrysler, Jeep and Dodge are registered trademarks of DaimlerChrysler Corporation. Chrysler Financial is a member of the DaimlerChrysler Services Group.
  • 18. fs feature solution MarkStrong CRM Keeps Getting Better, Faster and More Powerful For those not familiar with CRM systems, in today’s highly competitive automotive needs and sell that customer a vehicle. In these computerized programs help dealers retailing environment. The goal should be to essence, that is what customer profiling is maintain ongoing relationships with integrate the operations of all a dealership’s all about: creating an exceptionally detailed their customers by providing automated departments in such a way as to turn virtually history of each customer. It must be within reminders, customer follow-ups, every department at a dealership into a profit the dealership’s ability to access the details appointment scheduling and so on. The center. There are three major operational in its customer profile database that enables most capable of these programs are tightly areas in CRM: campaign marketing, the dealership to put together effective integrated, easily managed, Web-based customer profiling and service integration. campaign marketing or deal with a customer systems that unite customer relations, with all the tools that in-depth knowledge of inventory, fixed operations such as service Campaign marketing his or her background supplies. and parts, and sales management into a By accessing the in-depth information in comprehensive package of extremely cost- its customer profile database, a modern For example, a customer’s profile may effective, user-friendly tools that can be used CRM system should assist a dealership include the fact that the family has a not just at the dealership, but practically in performing campaign marketing based daughter who is the right age to graduate anywhere in the world. on a virtually limitless combination of from high school and perhaps head off to characteristics. For instance, a dealer may college. Armed with this information at Speed is #1 have acquired a number of specially equipped the right time, the sales person can contact The first thing most users should notice is SUVs to be offered at a promotional price. that customer and suggest that there are a the quantum increase in speed of operations Using a modern CRM system, the dealership number of vehicles at the dealership that are in some modern Web-based CRM systems. can select from its customer database all the right type for a young adult starting life Thanks to major improvements using the customers who purchased an SUV two or on her own and available at very reasonable .net programming language CRM systems more years ago and put together a campaign prices. Tracking customer history allows you can now move up to five times faster. addressing each customer personally, to market your products to customers based Along with this increase in speed, systems informing him or her of this special offer. on vehicle age, out-of-warranty status, miles can be made significantly more powerful, and many other tracking elements, as well as offering capabilities and dealership-wide, The campaign may consist of: personalized to understand the true overall lifetime value in-depth integration never before seen in the letters to each customer, automatically of the customer to your dealership. industry. printed out and ready to be signed by the sales person who assisted the customer Service integration A good CRM program should include in his or her original purchase; personal A modern CRM system needs to recognize significant improvements such as: phone calls from that sales person to his the value of fixed operations, not just for • Improved user interfaces. customers, asking them to consider taking their potential as profit-producers, but also • Enhanced flexibility of operations. advantage of the sale; automatically printed as the driver of a variety of marketing • Increased adaptability to the follow-up postcards sent as reminders of the campaigns and sales efforts. individual needs of the dealership. promotion; and personalized e-mails directed • Fully integrated dealer database to those customers who have Web access. It CRM Integration with service and parts management. is important that a CRM system allow the provides many advantages. Individual • Real-time tracking of sales and dealership to select customers based on customer profiles are used to automatically customer history. custom criteria so that any market situation notify customers of service intervals • Easier-to-use customer contact, can be exploited to create additional sales. and schedule service appointments. follow-up and scheduling Customers are automatically contacted procedures. The selectivity of any campaign is limited when special order parts arrive. But that’s • Exceptional brand development only by the depth of information in the just the beginning. Customers can be capabilities. customer profile database. sent personalized recall notices, letters • Integration with value-added detailing service specials related to his or partnerships. Customer proÞling her individual vehicle, or any of hundreds The more a dealership knows about its of service- or parts-related promotions. As a result, an effective CRM system can customers – especially repeat customers By integrating the customer profile data be a vastly more powerful profitability tool – the easier it is to serve each customer’s throughout the dealership’s system, service 18
  • 19. records and parts orders can also be used not on local computers. There’s no require a password. And screens should as the basis for special sales promotions on costly network cabling to install or be secured by state-of-the-art, 128-bit vehicles. For example, for vehicles about to expensive servers to set up and run. encryption – the same extreme security that go out of warranty based on mileage, special • Virtually 100 percent capture some banks use to protect their Web sites. promotional mailings can go out reminding of showroom, service and parts customers that they can purchase extended department phone and Internet E-mail and internal messaging addresses service contracts or step up to a new vehicle. traffic – Because a Web-based for all users When making the tuff decision to cover system can be so tightly integrated, Every individual user should be assigned or not to cover work that is not paid for capturing and tracking customer e-mail and an internal messaging address, under warranty in order to save a valuable information is easier, faster, and more enabling group and individual internal customer, a single of view of sales and reliable. Follow-through operations communications, as well as full-featured e- service history is invaluable. are completely automated, including mail capabilities across the Internet. phone, e-mail, and mailed material. Regulatory compliance and partnerships Leads can even be directed to Web- Automatic upgrades are important access phones and handheld PCs, With a Web-based CRM system dealers need A modern CRM system should develop for even greater flexibility and faster never be concerned about their system being value-added partnerships. By joining forces response. out-of-date. These systems should provide with other technology companies, a modern • Efficient data mining – Captured regular, no-cost upgrades automatically, CRM system can offer a broad spectrum of customer information is one of the making sure that it delivers maximum ancillary services. e-PULSETrak is partnered most valuable assets of a modern performance and reliability. with SecureTrak, a system that helps ensure CRM system. Using this data, that auto dealerships achieve and maintain dealers can profile customers and Designed to boost achievement compliance under regulations based on the direct marketing specifically to their Any dealer knows what an industry Graham, Leach, Bliley Act, among others. individual needs. It’s not only more achievement award can mean for the It is also necessary that a CRM system be effective, it is a lot less expensive to dealership. A modern CRM system should integrated with the national No-Call list target customers and prospects in this be designed specifically to help dealers earn to help the dealer stay in compliance with manner. manufacturers’ awards. A good system will national regulations. make it far easier to meet award-winning Customer training/education and customer service standards and maintain Secure, Web-based operations customization those standards year after year. Rather than being limited to designated The best technology in the world, if not computers at the participating dealership, supported by training/education, consulting Most important an efficient and effective usually on the dealer’s local area network, a and process development, will eventually be system will provide street-smart business Web-based system offers greater flexibility. rendered useless. Training is as important as management that is integrated with the That means an individual with an approved the technology itself. Training should cover most technologically advanced, Web-based login name and password can access it from when and why to do things, not just how it’s customer relations. It will be smart. It will be any Internet-connected computer. This not done. comprehensive. It will be easy to use. only allows 24-hour-a-day access from virtually anywhere, but also eliminates the Trainers should have dealership experience Above all, a Modern CRM system will give need to set up and maintain a computer and should understand the business. There automotive dealerships the advanced tools network, greatly reducing the hardware, are several departments that can be enhanced needed to successfully meet the demands of networking and personnel costs. with a Modern CRM system and training is today’s highly competitive market. often required in areas such as business A Web-based CRM offers a number of development centers, sales, service and advantages over a customer relations system process development. run on a local area network. Mark A. Strong, is the vice president and • Lower cost – There’s no need to Security comparable to a bank COO of e-PULSETrak.com. He can be set up a costly network, because Security is a prime concern for any CRM contacted at 866.885.9751, or by e-mail at the system exists on the Web and system. For this reason logging in should mstrong@autosuccess.biz. 19
  • 20. BrianBenstock What Does it Take to Sell an Extra 100 Units per Month Paragon Honda has since geared up to improve our closing ratio, service departments. We offer customers generated more than and last quarter it was 25 percent, according in the service departments free personal 106 additional sales to Honda’s Internet Report. We are very Web sites, and the cashier has a poster that a month by changing pleased because we have increased our advertises this along with small sign-up its marketing and sales traffic to our showroom, phone and Internet cards for customers to give their e-mail strategy. We decided department while reducing our cost per sale. addresses. We recently gathered thousands to adjust our marketing strategy to target of e-mails at an auto show in New York by customers on the Internet because nearly 90 Once we included our Web address on all of offering customers free virtual test drives percent of our buyers begin their shopping our traditional advertising, we were ready to on the vehicles that interested them. We online. More of our customers look to the take our marketing strategy to the next level. know that e-mail marketing is the future, Web when they’re researching their next car We now collect e-mail addresses from all and we have decided to make it a big part purchase than TV, radio or print, and we want our customers by offering them free things of our marketing strategy. The best part is to be where the majority of our customers they want. For example, every prospect that that I know that if I can gather the e-mail are. Within two months of launching our calls or visits our dealership is offered a addresses, I already have the pre-packaged new marketing system, we established a “Free Virtual Test Drive” on the vehicle that campaigns, and they cost me absolutely dominant presence on the Web and set up interests them. Most customers are curious nothing to send. a complete Customer Relationship Center about a virtual test drive, so they’re willing to ensure that all of the Internet and phone to give their e-mail address to get one. As a To handle the response to all this aggressive leads were handled effectively. result, we get the majority of our customer’s marketing, we set up a Customer Relationship e-mail addresses, whether they call, click Center to ensure that the only people taking The end result was an extra 106 sold vehicles or come into our dealership. We now have inbound phone calls are people with the first month we were up and running. Not thousands of e-mail addresses that we use exceptional phone skills. I don’t know about only did the volume of leads increase, we to conduct marketing campaigns. We have you, but if you listen to the average sales increased our closing ratio from seven percent hundreds of pre-packaged, multi-media person’s ability to take an inbound phone up, to 25 percent. How did Paragon do it? buzzmail campaigns that we can send it can be scary. Our sales people are able to to customers with a few clicks. We have do what they do best: sell cars. And our CRC We switched Web site providers. We needed campaigns for every month of the year, staff is able to do what it does best: ensure a new system that was capable of getting the every season and a number of different customer satisfaction and sell appointments. results we wanted. Our new partners gave us themes, including inventory reduction, Sounds simple, but the key lies in building a not only the tools, but the training we needed clearance, holiday events, special finance team of trained specialists who can take all of to build our skills and implement best and more. Customers are blown away by the incoming calls and respond to all of the practices from around the nation. They’ve these campaigns, and we get a lot of people Internet leads. Find the right people and train even helped us set up a full-blown CRC who respond just to say how cool these them to become ninjas on the phone, and department. After the first month we had buzzmails are. you’re set. Using this model, we’ve lowered a brand new Web site that generated more our cost per sale and sold an additional 106 leads than we had anticipated. So our closing We’ve recently been very aggressive in units a month after learning to use our new ratio was only 13.8 percent but we have gathering e-mail addresses in the sales and Web site and online marketing strategy as a phenomenal lead generator. The Bottom Line. • Paragon Honda used its new digital marketing strategy to increase its sales by 106 units in one month. • Paragon Honda increased its closing ratio from seven percent to 25 percent. • Paragon uses a digital marketing system built to help grow its business. • Creative marketing online and offline has created more showroom, phone and Internet traffic. Brian Benstock is the dealer principal of Paragon Honda and Acura. He can be “Our sales went from 20 to 214 after rebuilding www.Paragoncars.com” contacted at 800.601.3214, or by e-mail at - Brian Benstock, Dealer Principal of Paragon Honda and Acura bbenstock@autosuccess.biz. 20