Dealer Rewards focuses on assisting Dealers in strengthening the Dealer's customer loyalty while providing numerous estimated financial rewards and benefits, inclusive of increases in gross revenues.
2. What is
Dealer Rewards?
It is a fully automated, customizable manufacturer/dealer branded
Customer Loyalty Program.
This platform will assist you in:
increasing revenues
increasing customer loyalty and retention
reducing advertising costs concurrent with
improving financial performance
improving long-term customer stability
3. Based on qualified purchases, a pre-determined % of dollars spent in the fixed
operations department will be assigned to both a service and sales customer
rewards account to be spent on future service and new or pre-owned vehicle
sales. Maximum levels are set/established by the Dealership.
The focus of your Customer Loyalty Retention Program is to provide the
Customer with a financial motivation to return to purchase future products
and/or services.
The goal of maximizing “market share”, thus, your revenues to cover monthly
fixed operation costs are suggested to improve within this business
framework, as the Customer is required to spend all the earned dollars / credits
at your dealership(s).
A successful Customer Loyalty Retention Program rewards the Customer
in direct proportion to the dollars spent at your dealership(s).
4. Reward members are estimated to spend 27-35% more
than non-rewards members
A Rewards program that builds future rewards provides
motivation for the Customer to purchase more
Reduce customer discounts, replace with your rewards
program
Capture Customer emails and Direct Market via Sales
Campaigns and Service Campaigns
Motivate the Customer to return to dealership
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5. Make all customers your best customers.
Further develop the existing relationship between you
and your customers by delivering consistent, timely
and relevant communications.
Reward customers when they return for service.
Reward customers when they purchase a new or pre-
owned vehicle.
Recover lost soul customers (win-back.)
Respond to competitive challenges.
Overcome vehicle sales and service price objections.
6. Eliminate Current Service Discounting
• Increase Service Absorption
• Overcome price objection
Retain More Customers When Factory Warranty Expires
Increase % of First Service Visits
Increase Work Order Counts
Increase ROI on Advertising Dollars
7. Reduce Goodwill Costs
Increase Truck/Equipment Sales (new and pre-owned)
Increase F&I Gross Profits
• Increase penetration of third party extended warranty sales, as the
customer would earn rewards when the company pays for the repairs
at your dealership, because all warrantable repairs are invoiced at
retail
8. DRC platform interfaced with Dealer’s DMS system
Full Color Dealer Branded Rewards Cards & Key tags
Full Color Dealer Branded Point of Sale Brochures and Posters
Access to the Dealer Rewards Centralized Control System
Ability to email messages to rewards Members with account information and
Customer specials
Queries to pull all sales and transactional data from your Dealer Management
System
A system that provides for updating the Customer rewards account without
slowing down your cashiers with additional transaction steps at the time of
sale
Data management
Web Access for Reward’s Customer to access their information via your
website
Web Access for your managers to look up a Rewards Customer's balance at
any time
Monthly Earnings & Enrollment Reports
9. Retain existing customers by encouraging and motivating frequent visits
Encourage and reward customers for vehicle sales referrals
Eliminate current daily discounting
Assist in increasing dealership’s future Gross Profit Margins
Reduce advertising costs and/or increase ROI via direct email marketing
Eliminate the need to give away FREE oil changes, FREE rental
vehicles, coupon books, etc.
Dealer Rewards historical data indicates
Rewards Members spend on average
27-35% more than non-members.
10. “… by retaining an additional 5% of their customers, a business can double
their profits.” (Harvard Business Review)
Focus on retaining existing customers and attract new customers.
Increase customer lifetime value.
Increase customer retention after vehicle warranty expiration.
Build stronger, longer and more profitable customer relationships.
Reduce promotional and third party advertising expenses.
Simplified customer retention platform without increased internal wage
administrative personnel costs.
Dealership CLRP is customized to meet the short
and long term needs of the dealership.
For more information visit
http://www.adiagency.com/dealer-rewards-0/
11. Dealer Inventory / Loss Damage Waiver Programs that add value
• Protection against costly repair or replacement bills
• No need to purchase additional coverage
• Freedom from the hassles of filing insurance claims
Lender Inventory - ADI has the experience to handle the unique ownership of a national
fleet
Physical Damage - ON DEMAND provides your customers with coverage… HOW and
WHEN they need it
Standard Warranty Service Contracts can be viewed as a competitive advantage as a
Marketing tool with Profit opportunity... we’ll show you how
Extended Service Contracts offer customers risk-free or self-insured and self-managed
programs
Service Contract Administration - ADI can assemble a broad suite of service suppliers to
provide a wide range of client needs
ADI creates insurance programs and business solutions, to act as a true
marketing partner... selling more core product... more equipment, more
engines and more trucks.
Visit www.adiagency.com or call 866.662.0995 today,
to start looking into beneficial ways to increase YOUR revenue.