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