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Go Ahead, Keep Rebuilding The Mousetrap. Tip: You’re Trying To Catch A Cheetah

Stop what you're doing. Right now! Look back, quickly. Look back for a while. No, not over your shoulder silly. If you've been at least somewhat involved in the digital realm over the past 3-6 years, take a hard look back. What have you done? Where did your advice come from? How much time have you lost? How much momentum have you gained? How many wins have you had? And how many losses?

Everything changes, we know that. We also know that one man's garbage is another man's treasure. So in your looking back, what have you really learned? This is a little beacon asking you to close the door (or if you're in a cube or BDC or somewhere without a door, pretend to) and think about who, what and to where you were following. This is not a call to go back to basics, which is garbage, however it's a call to think. For yourself.

Too often we go with those that have been penned as the thought leaders, gurus, experts, published authorities, subject matter experts, pros, top of their gamers and the like. So that begs a question: what has been constant in your digital presence for the last three years? Four? Five?

Chances are, not much.

Fact is a lot of people, namely business owners and executive management, are scratching their heads over the past months asking themselves "why did we go down the (fill in initiative here) road?". Is SEO alive or dead? Does social media work or not? Did the new close work or deter customers? Was mobile marketing right or wrong? Great questions. Think about it this way: did your last tent event sell lots of cars? But….that's not digital, right? A tent event or massive offsite lot sale is not, true. Neither should your thinking.

All those things promote traffic, sales, new customers, conquest, retention and more. Of course they do…you can ALWAYS sell. Digital strategies are no different than picking up a good book. They're cause to make you think. Not copy! Short term gains never win over long term thinking. And to think you need to know or be on the path to knowing better.

Sometimes it's funny how operators operate. There's a lot to be said about how dealers are afraid. They're afraid to spend or try new things or go off into unchartered territory. Not to defend them, the truth is they're bombarded. And by everyone that has something to sell from $.02 pens to $20M facilities. And the shiny new thingamabob fits squarely somewhere in between.

So in your reflection, look as specifically as possible at what was done over your foray into the digital world, and what was not done. You see a lot of people are selling new mousetraps and reworking the old ones. Yes, for the most part they work better. You can only be a judge, just like with a book or white paper or study at a conference, after the fact. And quite a few have benefitted over the past years due to their desire and ability to win in the digital realm and congrats to those who have.

Just a heads up that you're trying to catch a cheetah, not a mouse. A cheetah can still run at over 60 miles per hour with a mousetrap clipped onto its paw. That is until it gets smashed to smithereens and the cheetah goes on as if nothing ever happened. There are so few mice in the digital realm today and most have mousetrap detectors.

There are some big things coming. Here is a heads up that the next big thing is not in hardware, software, advertising, marketing, mobile apps, CRM, retargeting or templates. You'll have to think about it. For those that do get it the remainder of 2012 and 2013, as well as going forward, will be easier.

If this was a hard one to understand, keep reading and coming back. And thank you.

If you got this, see you at the DrivingSales Executive Summit October 21-23 at Bellagio in Las Vegas…and please keep reading. We'd love to hear from you, you're our kind of business.

 

Best Practices: Professional Insight, Powerful Results

 

The Shortest Distance Between Two Lines Is A Straight Point

Another day has gone by in our industry and where are we? Did we break a record? Did we start a trend? Did we figure something out? Chances are we're in the same place we were 48 hours ago. While we'll leave the guessing how much other businesses out there have changed to the "experts" (yeah, we've got more of those today than we had yesterday!) but know for the most part we didn't blaze any new paths.

Another month has gone by and another interesting declination from a dealer that needs help (no, not the same one as one of our last posts):

"It's (so and so) from (such and such), is this a good time for you?"

"Uh, no. I'm working on ads for this weekend and Ive got a lot of other stuff to get done. You're either buying something from me or trying to sell me something. If you're trying to sell me something, it's the wrong time."

"That's completely understood."

"You'll have to call me back."

"Considering how busy you are, will you take my name and number?"

"No"

"OK, good bye"

While the distance continues to grow between the dealers that are moving forward and those that aren't grows, it's important to remind ourselves of where we're heading. You know, the road map. Goals set at the beginning of the year rather than two weeks ago. We all have them memorized now:

  • Regular review of website performance, stats, leads, etc
  • Weekly lead status and management
  • Complete (aka 100%) CRM use/integration for all departments
  • Updating of templates and scripts for all customer communication
  • Social media game plan
  • Reputation management
  • Vendor accountability
  • Read and participate more at events and online communities
  • Getting outside help occasionally because you can't staff for everything

It's not easy to look at all of the things thought or talked about considering everything that has to be done just to sell and service cars. Right?!?! Let alone add them to the heaping pile of responsibility that everyone has in automotive retail. Right?!?! Besides, it's hard selling cars today. Right?!?!

Wrong!!!! As Andy Dufresne put so well in Shawshank Redemption: Get busy living or get busy dying. Sure, you can bury your head deeper in the sand St. Diggerstein, or you can get real and get in business.

The shortest distance between two lines is a straight point. In other words one line is where you're at, the other is where you want to be. And the point is…go get after it. Quit stalling!! Besides, you said you're not going to fall for the banana-in-the-tailpipe.

Best Practices: Professional Insight, Powerful Results

First Of The Month Syndrome: You’re Not Starting Over

Month end is behind you, save for those few deals that are going to be back-dated to August 31. Hopefully with C.A.R.S. you didn't need to do that. Now it's a whole new month and you're thinking "I'm at zero, clean sheet of paper, time to hit my numbers!"  Since we know so many people that do that, there must have been one parent in all of our families that, when we were infants, whispered in our ears "you'll think like you'll get paid, you'll start over on the 1st, you'll scurry like hell to get everything done on the last day of every month". Man, talk about a dysfunctional     family!

So here you are, 20-40 years later, convinced that a calendar determines your effectiveness and runs your life.  While nobody is here to tell you it's not how you get paid, quotas are set, assessments are handled and forecasts are created, quit thinking that way.  You're not starting over.

Especially in today's Internet-based world, the first of any month is just another day to tackle the 30-100 leads in your queue.  You can let the management and executives control the way a company operates but you don't have to be controlled by a calendar.  When you remove yourself from that process, your vision grows and you can see things in better perspective.  Again, don't start a revolt or fight the way your GM runs your store.  Just start to believe there's people (your customers) that work and believe in a 365-day world.

When you start planning beyond 30 days, in reality most folks hope on 30 and plan less, you can better see marketing effectiveness, referrals building, many leads actually taking 5-12 weeks to buy (rather than ignoring them until the week before and finding out they bought elsewhere), track trends and cycles, even bring customers back for parts, accessories, warranties and more!

If you truly believe that your number is 'zero' when the last month expires and the new one starts, maybe look at how you're holding yourself back.  It might just be your condition, but for those that can change, it might be the most fun you've ever had at a dealership…and possibly the most money too!

Best Practices: Professional Insight, Powerful Results