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Transparency, Marketing and Dashboards (But, But, But It Sells Cars!!!!)

There has been more attention to accountability of dealership marketing recently, which is a good thing, however it’s always been important and something we here at IM@CS have been doing for eight years. Simply put, you need all of your digital reporting to come down to your own review, independent of vendors and their dashboards.

History proves (and vendors demonstrate) that anything will be said to a dealer or general manager in order to sell a service, especially first-in-market, fear or competitive factors. Most dealers are unwilling to be  leaders, choosing rather to follow especially when it comes to technology. And the largest factor is lack of time and commitment. If you are paying for something, you must be able to measure it yourself. Yes, YOU must be able to do that, not simply trust a report.

Google Analytics is the best way to measure everything that touches your website, alongside ancillary technologies including heat maps, third party SEO and SEM software, as well as independent measuring tools. We use a fair amount of software monthly to ensure the work we do is correct, viable and effective.

We continue to see (the majority of) dealers that are having the wool pulled over their eyes because of not drilling down a little in reporting, rather relying on a smattering of PDF reports and sales rep visits with alligator smiles talking about how great their performance is all the way to 20 Group comparisons with mediocre benchmarking.

As a senior-level executive (not your Internet or marketing director), if you can’t open Google Analytics and have a basic conversation about performance, you are losing awareness and accountability on a monthly basis. There is no other place, including the sales board in your dealership, where more relevant data comes in, not even CRM (especially considering how underutilized that software is!).

So whether you take some company’s challenge, education course, class, or simply task yourself to learn directly within Google’s own treasure trove of resources, commit to a few hours a month and get serious about all of your marketing.

Recently we’ve seen:

  • Significant drops in effectiveness of Display Advertising, with mobile being a factor as well as incredibly poor content/call-to-action in the advertising (incorrectly bucketed spends = lower R.O.I., fewer sales)
  • More rogue/bot  traffic coming from target cities that have server farms, including Ashburn, VA, Dallas and Austin, TX, and Rome and New York, NY as well as Boston, MA. (click traffic from areas that don’t make sense = non-human clicks)
  • Seeing poorly managed paid Social Media ads/dark posts and resulting traffic/leads due to a complete lack of understanding how to deploy the ads/content (running ads on Facebook and not generating leads = wrong vendor)
  • Huge increases in incorrectly managed/sourced paid advertising campaigns, lacking all of the proper data, including conversions, tied to meaningless text/ads. Part of the is an increase in dealers finally spending on SEM and the greater problem is more companies (including many OEM-approved vendors) managing ad spends that don’t understand what they’re doing. This does not counting vendors that don’t marge AdWords accounts to dealers’ Analytics accounts

All of this staring dealers in the face with no challenge to the vendors selling the services and marketing. When you receive that monthly PDF in your inbox, don’t file it. Instead, print it out, call the vendor(s) to review and have someone in your office that can independently verify that data until you understand it yourself.

Stop buying from vendors, even reliable ones, who sell you a service off of how many more cars will be sold. You don’t need that! Most dealers can sell 20-50 more cars a month out of their own CRM. Your marketing can’t be segmented or in silos anymore so quit buying that way!

 

Do this before any factors present market issues or downward pressure on sales. With more dealers spending money, there are incremental increases in sales with a lot of companies are simply getting fat and happy, laughing all the way to the bank with you money. Call us to find out quickly and easily what you’re paying for and not receiving.

 

Best Practices: Professional Insight, Powerful Results

Volume, Fiasco, Titles, Consolidation, Arrogance and Big Decisions

We are at the next crossroads, for now let’s call it the end of 2015 and the beginning of a new year. There’s more road crossing later. Wow, the past year had a lot of ups (and ups) and downs. And in the end, more cars were sold with fewer showroom visits and more hours spent online. If you agree with that statement, you can stop reading now…

First, let’s hit volume. At the time of posting this, we’re on pace to possibly topple record sales in automotive, if not get extremely close to doing so. There are some surprise winners and some more surprise losers. All in all, the increase was predicted and, with some exceptions, most everyone will be keeping their lofty jobs at our glorified manufacturers (why do most people on automotive blog spell that darn word -and many others- wrong?).

Fiasco. Well, we didn’t see that BIG one coming, huh? It’s too early to say what will come of the Volkswagen TDI (as well as Audi and Porsche) debacle, so it’s suffice to say that the “ouch” outcome is due to come in 2016. The key is that people will still buy their vehicles, it’s a combination of consumer perception and how the retailers handle the opportunities.

Titles, the least favorite of ours being “millennials”, do nothing other than distract car dealers, enable marketing companies (and some barely-average people to become experts in the field) to take advantage of ploys and create enough hysteria to take people’s attention off of what matters: taking care of the customer, stupid.

Consolidation, especially the big one in 2015, serves the car dealer, right?!?!  Holy crap piles of nothing Batman, more dealers on a single-serving platform!! That’s got to be serving the shareholder more than the client, but don’t tell anyone Boy Wonder! Sure, you can see the episode with Adam West and Burt Ward roll out in your mind now, with the “BOOM”, “CRACK” and “UGG” blasts behind every customer service call now…  It’s a great idea when you want your business to be on cruise control, unless you take a good look at the while picture and realize that we’re not well-served until a point that all of the technology is integrated and the data is utilized across enterprises. Until then, it’s called dropping the amount of checks you issue and nothing else. Yeah, and the website will be fully responsive in 2016 (bwahahahaha!!!)

Arrogance showed its beautiful face again in ways we hadn’t since 2004-2007, when dealers were nearly printing money. Near-record profits with slightly more optimized operations after the shit hit the fan in 2008 and 2009 showed our dealer body to some very-needed net profits this year. Along with that came the thoughts that showed as an ongoing lack of understanding what the public wants with an automotive experience, still underutilized digital marketing (yes, please hand your capabilities to the OEM vendor. That’s smart) and a continued focus on increasing spends in unmeasured media or supporting digital vendors that should have died five plus years ago (you know who you are).

All that’s left is the big decision: are you going to wait longer or finally commit the right resources and people power to the proper partners, building your results, true bottom line efficiencies and leading in your market? More dealers have decided, or are deciding right now, to follow (i.e. relent to OEM control of their digital marketing) the herd to irrelevance. It can’t be said more easily or with more conviction, if you’re going to be led by the same company that works with everyone else in your market, or trust the advisor that works with your competitor, you lose. Done properly, most dealers can increase their digital spends at half of what they drop in traditional, increase their sales and service, put the rest into resources for their staff (including adding staff) and come out thousands of dollars ahead each month, net. They don’t because…….because…..because…they didn’t do it that way before.

For those who do it right, 2016 already started over a month ago. If you need to focus on the last 25 days of the year more than anything else, how well did you plan for and execute during 2015?  Or maybe, you simply have the wrong partner(s) in the first place…

 

Best Practices: Professional Insight, Powerful Results