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It’s That Time Of The Year: A Legacy Or 2 Steps Forward, 20 Years Back

Confernce season! You're about to experience record-setting attendance, more technology than will choke a horse, speaker after speaker, keynote after keynote and talk about how 2012 should be your year to embrace it all. Oh, and the budgets! Take here, put there and add everywhere that starts with digital. Whew, welcome to the conference season.

This is the time of the year that makes the chasm between doers and don't doers greater, creates the delta between those who practice and those who pretend and allows those who want, a battle cry. But it's no guarantee of success. Recently IM@CS experienced its fifth pre-term cancellation in the past four plus years. What happened? One person leaving. One really good, very focused, and awake individual…but still one person. It was an experience that you might call two steps forward, 20 years back. There is no focus on the web there now.

Remember that staying on top of everything that's changing and relevant takes time, attention, questions, resources and commitment. When that one person, or in some cases few people, don't do the work for the many or depart the dealership, what happens? Where is the commitment that is required to truly be successful? It's not the ideas or initial execution that makes the difference, it is the promise to maintain for the long term. It may even include an expectation for excellence and signifiacnt cost. Every individual that has applied a successful strategy for web-based results in their dealership or group has been doing so for a while. In some cases, a very long while. These are experiences that you might call building a legacy.

So take heed. Commit to what comes after the events. Make a differnce starting with the decision to go. The cost of attending an event like the DrivingSales Executive Summit is one of the smallest you'll ever make. Most dealers spend more on coffee or shuttling customers to the local mall in a month. And those costs don't grow your business anywhere close to the amount that a digital investment will.

A legacy starts with a unbending determination to see things through, not giving up at the first sign of resistence or willing to settle for mediocre. And sitting down listening to someone telling you what you should do versus talking with someone about how to do it is a massive difference. Today it seems as though more dealers are willing to settle for second rate and not executing a plan over doing the work it takes to build to the point of success and making sure everyone is on board. Last time we checked, an engine doesn't run without fuel and a stuck cylinder means problems. Always move forward. Even fail forward. But move forward.

Yes, it's that time of the year again. But it's always that time of the year. The battles are won and the vision grows every day in the trenches. Press forward with a commitment to you, your business, your staff, your product and ultimately your customers. Remember that is why we do what we do. Refuse to take the backward steps that more businesses seem to do today. Don't compromise. Because you're better off doing it or quitting it. Are you in it to quit it?

And lastly, with a heavy heart for the loss we experienced today, consider some of the words that Steve Jobs has shared and how it relates to us:

“But it’s a disservice to constantly put things in this radical new light — that it’s going to change everything. Things don’t have to change the world to be important.”

“That’s been one of my mantras — focus and simplicity. Simple can be harder than complex: You have to work hard to get your thinking clean to make it simple. But it’s worth it in the end because once you get there, you can move mountains.”

“Innovation has nothing to do with how many R&D dollars you have. When Apple came up with the Mac, IBM was spending at least 100 times more on R&D. It’s not about money. It’s about the people you have, how you’re led, and how much you get it.”

“You can’t connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something — your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life.”

So are you ready for what needs to take place after conference season? We'd like to hear from those who are….

 

Best Practices: Professional Insight, Powerful Results

Digital Dealer 9…In A Nutshell

So we're in what many call the automotive industry's event olympics, digital dunking chair, online opinion onslaught, guruexpertvendorspeakerconsultantpitchyouintosubmissionsession and more (is that a word or an insult?!?!). Anyway, last week's Digital Dealer was one heck of a kickoff with around 750 dealers in attendance.

Over the three days, we heard both the good and bad, awesome and ugly and got to share time with the companies in what was easily the largest expo at any of the series of Digital Dealer events. With an opening panel that seemed to be more about defending third party lead providers and attacking other ways to drive traffic, it may have put an interesting asterisk on the event: One of the calls-to-action that is consistent of Digital Dealer conferences (as well as growing) is the ability for dealers to create more eyeballs, consideration, conversion and sales themselves without paying large sums to the marketing companies.

The rest of day one seemed to bring an overwhelming good vibe with some frustration but nothing more than past Digital Dealers. The evening was filled with various receptions, dinners, parties and (required?) gambling. Walking around The Mirage, you could see a kalaiedascope of dealers, OEMs, vendors, consultants and service providers roaming, playing and chatting. Ralph Paglia's ADM reception was well attended again (Ralph, two words for you and ADP: larger suite. Two more: air conditioning). The first day can be marked as a success.

Day two flew out of the gates and we had hop between meetings and sessions. Overall strong buzz, especially around lunch. However there seemed to be more dissention in the ranks when it came to enjoying the speakers. Obvious or not, blatent or passive, it's hard to control speakers. One session we heard about from a lot of people seemed to end up being an over-the-top pitch along with aggressive words toward competition. There's no place for that. The popular speakers seemed to reign more supreme at DD9 which represented a good amount of feedback. One that stood out for us was Kevin Frye's. He had a classy presentation and style that seems to be more prevelant in dealer sessions. Add the trust from the crowd and it's a recipe for success.

IM@CS hosted our second #imacswebpoker tournament and ended up hosting 22 players. We'd like to thank AutoData, AutoFusion, Cargigi, GetAutoAppraise and PCG Digital Marketing for their involvement. AutoFusion presented with Reno Toyota with a complete complimentary package of website, mobile site and Facebook inventory app. Thanks to the other dealers in attendance and congratulations to Dennis Colome of AutoByTel for taking the top prize and trophy. The evening was long but distinguished.

Day three is always a short one and we attended a session and a half. Didn't get a chance to talk with a lot of dealers as they went to the peer session as we headed to the airport. The morning started off with what appeared to be a full breakfast and expo which is a great sign, considering some left Wednesday night. Jumping between sessions from Brian Pasch and Ralph Paglia, both were packed in an apparent tip-of-the-hat to their reputations for delivering the right data and engagement. Dealers tackled their last-minute vendor meetings and some started making plans for next April's Digital Dealer 10 in Orlando.

Overall, Digital Dealer 9 was a success for the majority of dealers and others in attendance. In our opinion, Mike Roscoe and his staff still have items to address to make it an ongoing success, some they commit they're already working toward but still have to focus harder on.

Next week there's DrivingSales Executive Summit and JD Power Internet Roundtable so we'll report from Las Vegas again…

Getting Ready For Digital Dealer And DrivingSales Executive Summit? Here’s Some Tips

Tickets? Check. Hotel? Check. Registration? Check. FlipCam? Check. SmartPhone? Check. A plan to make what you take back with you work? Ummmm. Not checked!

Digital Dealer 9, DrivingSales Excecutive Summit and JD Power Internet Roundtable are right around the corner. Have you mapped out your sessions? Have you made a commitment to have executable items upon your return? Some alerady have planned for success.

So, here some ideas to get ready before you head to Las Vegas in a couple weeks. It might make the investment worth it!


 

Why 2010 Is The Year For The Dealer In The Automotive Communities

You've seen them. You've registered. You've looked a couple times. You've even mentioned them at some of the events you attend to be in the 'know' . But the most you've been involved with what is likely the greatest area of information and opportunity for quicker growth ends with exactly that: not much. Post a comment on a forum? Nonsense. Ask a tough question of your peers? Waster of time. But your processes, results and even poorly rated vendors don't change and the answers are staring at you, through that nice flat screen you convinced your general manager you had to have.

So what will it take to propel dealership involvement in the communities? If we don't change retail, as great as the products have gotten, the fact that new cars are now launched on the web or mobile devices exclusively rather than traditional advertising (about stinking time), the fact that you read reviews of hotels and restaurants on review/forum sites and a list of other valid reasons, the dealer voice online is about as frequent as (fill in your least favorite 80's or 90's pop star here, mine's Cher) appearing on the Billboard Chart's number one spot today.

We can all agree, or let's just say we can, that a lot has had to change in automotive retail. And some are doing it with rewarding results. Even with 'better' results, it's not enough to drop your marketing expense by $50,000 a month compared to a couple years from now, redesign your website and expect cars to fly off the showroom floor. We must share and help each other.

Considering how many have chopped expenses including travel and 20 groups, stopped attending most events and don't even see their reps as much as before, how can you not leverage the online automotive industry communities? That is a rhetorical question considering how many dealers still step over a dollar to pick up a penny.

And let's have real involvement rather the same old list of suspects. A changing of the guard is totally needed, appropriate and refreshing. Does your favorite publication use the same contributors every month? (yawn) Boring! It's no different online.

Dealers, here is the challenge: write down your two or three biggest challenges. Everyone posts them starting tomorrow, for the next 50 weeks. Stupid questions? No such thing! Someone already asked the same or close question? See who else can answer it. What are you afraid of? This is your opportunity to learn while everyone else does. No two people will execute exactly the same so make sure you've got your spin on it.

As an example, after last October's DrivingSales Executive Summit, the comments were consistent not only about the value of the event but the content was more in line with what dealers needed. It was dynamic. The speakers were fresh. The subjects impacted attendees. Then, crickets on the website.

Folks, this is THE year for the automotive online community. Our future success depends on what we do today and for the next 354 days. We have one of the best industries out there, we should treat it as such.

Best Practices: Profession Insight, Powerful Results

What Are You Doing About What Your Competition Is Not?

Everyone's worried about their bottom line, revenues, expenses, marketing,future and what's going to happen next. Worrying so much they have forgotten how to think forward and act intuitively. Better yet, they're not even paying attention to what is not being done by competitors (in and out-of-brand) that can easily be capitalized on.

Two years we were talking about 'an edge'. Now most every dealership is talking about falling off of it. Nothing has changed…nothing! Now, you may have to be more selective and conscience. But you have to market, you have to connect, you must communicate and you absolutely need to build.

Here's a little secret about what 80-90% of dealerships in your market are not doing (or doing effectively at all):

  • Online marketing: SEO, SEM (paid search/PPC, banner ads, etc)
    • Google Analytics (please!)
  • Customer Relationship Management: email, events, incentives
  • Social networking: Facebook, Twitter, Plaxo, etc for increase engagement
    • And drives first two bullets!
  • Reputation management: DealerRater, CarFolks, MyDealerReport, Yelp, etc
    • And drives first three bullets!
  • Capitalize on resources for education
    • Automotive Digest, Digital Dealer, AutomotiveDigitalMarketing, Driving Sales
  • Capitalize on resources for training
    • Consultants, brand events, networking (chamber, local businesses, etc)

More often than not, 10% or less of the 'things that must get done' are and even when they do get done, they're not maintained. Some of the MOST fundamental activities are just not being done and for what?

  • The road to hell is paved with good intention
  • The road to debt is paved with discounts
  • The reason that 90% of people fail is the inability to deal with people
  • Nobody ever earned a dollar without spending one

These are the times when (as a good friend of mine in the industry put it) you can get a larger piece of a smaller pie or you can save yourself to death. Most everything listed here can be done for free to hundred of dollars per month.

One of IM@CS' clients has reduced their marketing expense by nearly 85%, increased their brand exposure, delivered more cars in the past month than they did over the past six, is driving over 25% more web traffic and nearly doubling their own website leads over the past three quarters. They're doing all of the above.

It's completely up to you. So what are you doing about what your competition is not? Someone has to wake up first and get going. It might as well be you!

Best practices: Professional Insight, Powerful Results