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What Tough Times Have Taught Us About Digital

Money. Lots of it! Tons and tons and tons of it! So much that for the first time, we're witnessing dealers that have been hands-on since 2008 starting to slip away a little from the stores and enjoy "away" time again. And that's great. Until, at least, you think about the last seven years again.

If "Digital" has taught us anything, it has demonstrated that small can become bigger faster, the big ones often look like Swiss cheese and that up and down markets don't care about much besides presence. After the last fourteen years around the Automotive Web and six and a half in dealerships, what is striking is that digital has shown ambivalence and opportunity at undeniable levels.

And most still ignore the power and upside. Making money can make us stupid.

Even with sales up 3% so far in 2014 and last year's finish around 8% over 2012 (our average client was up over 30% last year and tracking again), there still is a strong desire not to change anything. And most of what we see is still what could be categorized as "fly-by-the-seat-of-your-pants-trust-me-it-works" stuff.

When a tough market hits again, and it undoubtedly will, will we collectively be in a better place or will we still be grasping at straws and dumping expenses to match traffic and revenue? As shared by Jared Hamilton at last year's DrivingSales Executive Summit, we still aren't tapping into service marketing and penetration opportunities right now via digital channels (really any to speak of) while aftermarket still dominates search and revenue save for dealers really paying attention to categories such as tires, Quick Lube and equity mining. Digital covers all of those if CRM and marketing integration is done properly.

Tough times, and the subsequent good times, have taught us that when push comes to shove, no answer and direction is as good as solid ones. Because nearly everyone that was able to hold out between 2007 and 2009 is making money. Yes, the smarter ones are making more, however most are nearly printing money today.

Digital is still the "back marker" in a nearly-completely digital world. And the statistics for the entire market simply don't matter when it comes to your market. So what has digital taught you?

Share what you can about your experiences, good and bad, that steers what you do and don't do in digital today…

 

Best Practices: Professional Insight, Powerful Results

Gary May and Joe Webb Create “A DSES Digest” Session For 2012 Las Vegas Conference

To better assist dealers attending the 2012 edition of the DrivingSales Executive Summit (DSES) automotive conference both at the event as well as afterward, Joe Webb (DealerKnows Consulting) and Gary May (Interactive Marketing and Consulting Services) have teamed up to create a new session at the top-ranked event October 21-23 taking place at the Bellagio Hotel and Casino in Las Vegas.

On Tuesday, October 23 Webb and May will conduct a breakout session at 3:55p for the indsutry's most progressive dealers allowing them to best utilize both the new strategies learned at DSES as well as those not capitalized on presently at their dealerships. The forty-five minute session, just before the closing shared keynote by Scott Straten (Unmarketing) for DSES and the J.D. Power Automotive Marketing Roundtable (AMR), focuses on execution, deployment and accountability around digital marketing strategies.

"We want to do something completely different. We want to have them open both their minds and laptops or tablets to get the ball rolling before they get back to their stores. This new breakout will set a precedent and deliver a greater value to DrivingSales Executive Summit participants. And yes, there will be comedy", said Joe Webb in response to having the new format chosen for the 2012 DSES.

"Joe Webb and I share perspectives, operational approaches and a constant drive for accountability that will benefit the dealers. We wanted to offer a change in the way that attendees typically leave the conferences and then first start to formulate their plan(s) by having the foundation for execution happen at the event. We're excited to move the needle for those that are ready at DSES", stated Gary May upon selection by the conference's dealer advisory board.

For dealers not yet registered for the leaing digital automotive conference, the can visit http://www.dses.com and use discount code IMACS12. The discounted book of rooms at Bellagio Hotel and Casino are sold out and the event is expected to reach 750 attendee capacity prior to the October 21 opening.

**DSES UPDATE**

Salt Lake City, UT (PRWEB) October 02, 2012

DrivingSales today announced that Scott Painter, Chairman and CEO of TrueCar, Inc., will take center stage for a one-on-one interview with DrivingSales CEO Jared Hamilton at the 4th annual DrivingSales Executive Summit(DSES). The DSES, which is the most authoritative profit-building event for innovative dealers, is the only auto conference Painter appears at this fall, and he joins an exciting keynote line-up that includes Billy Beane of ‘Moneyball’ fame, SEO ‘superstar’ Rand Fishkin, mobile experience expert Luke Wroblewski, renowned leadership trainer Jim Dance, prominent Northwestern University marketing professor Florian Zettelmeyer and an exclusive presentation from Facebook and Google.

Painter’s interview with Hamilton takes place on the main stage of the DrivingSales Executive Summit at the Bellagio Las Vegas on Monday, October 22nd at 2:00 pm PT. The question and answer session will cover Painter’s role with, and contributions to, TrueCar, including where the company has been, where it's going and what Painter sees in the future for the auto industry. Painter will also take questions submitted prior to the event by the DrivingSales community.

“We are excited that Scott is joining us for the summit, his efforts have truly aimed to push the boundaries of our industry. All Scott’s auto-related businesses in some way have melded technology, data and car-selling – a theme that we are zeroing in on at this year’s summit,” said Hamilton. “We look forward to a provocative, stimulating and illuminating session with Scott, one that will be of great interest not only to our dealer attendees and community, but also to the industry at large.”

 

DrivingSales Executive Summit 2011: The Big Bang (And Oh, What Comes Next?)

Wow. What happened last week was amazing. Nearly every session at this year's DrivingSales Executive Summit (DSES) rang the bell. From the opening comments on Sunday to the closing minutes Tuesday, nearly everything seemed to gel with a couple standing ovations to boot. This, ladies and gentlemen, is engagement, learning and a focus on the dealer at its best.

Day one featured returning emcee Charlie Vogelheim introducing DrivingSales' own Jared Hamilton followed Paul Potratz, JD Rucker and Jason Falls as the opening keynotes. Having outside-the-industry, topic-rich speakers has been a hallmark since the opening of the DrivingSales Executive Summit in 2009 and this year simply added to the validity of such influencers.

Day two started with a social media study by Dealer.com's Kevin Root and Matt Murray, then featured Aaron Strout on location-based marketing which presented some still very-new ideas to the crowd of over 400 attendees*. Four sessions of breakouts followed, covering a range of in-the-moment subjects, in addition to the Dealership Best Idea presentations. In between, two powerful events happened: a new Digital Marketing Dilemma "battle" format that had people buzzing into the evening and beyond day three, along with the DSES-exclusive Innovation Cup Vendor presentations. After the cup participants used up their allotted time, all attention was on the evening keynote Gary Vaynerchuk. He stole the show, got the more-than-typically-timid audience leaning forward and received what was described by nearly everyone as a one-of-a-kind, never before seen standing ovation. And a resounding ovation it was, not a "my gosh that was a boring presentation but at least it closed the day" kind of applause with people standing. Gary Vee rocked the house and converted the few not-yet-socially-commited dealerships on the spot. He followed that with a signing for his "The Thank You Economy" book.

Day three opened with Google and closed with the cup. And in between we heard from Zappos' Rob Siefker and what could arguably be the automotive industry's "Big 5" CEOs representing Dealer.com, Cars.com, ADP, DealerTrack and AutoTrader.com talking about what's coming in 2012. Many viewers not only enjoyed the big-company heads, they were comparing notes about who hit the ball the furthest (Mark Bonfigli of Dealer.com provided the second standing -albeit provoked- ovation of DSES).

Even with heads-up prep prior to DSES by the DrivingSales team, the Google session seemed to miss what most of the dealers there wanted to hear including answers to, among other things, Google Places questions. So there is room to improve in 2012 as well as grow. And by all signs, DSES may be getting quite a bit better and bigger in the coming year.

Kudos to those that made the draw in the breakout sessions including Jeff Cryder, Joe Webb, Tracy Myers, Cory Mosley, Marc McGurren, Brian Pasch and Dennis Galbraith.

The most heartfelt appreciation and thanks to Jared Hamilton and the entire unsung DrivingSales Executive Summit team. They put together the finest event for North America's most progressive dealerships out of a passion for what makes the industry tick. It was also a bit of a compliment to many of the DSES speakers as they were also invited to participate across town at the JD Power & Associates Internet Roundtable. You know who you are and the fact that what you contribute makes a difference to the industry. It was a pleasure to spent some incredible time with you at Bellagio over three days in October 2011.

Until next year…be well, be listening, be teaching, be growing and be yourselves!

 

Best Practices: Professional Insight, Powerful Results

*Being as how DSES is the only automotive conference streamed live as it happens, we may not know the total amount of attendees above the 400+ in attendance, but it's easy to say the impact went well beyond the walls of the Bellagio Hotel conference center. Dealers everywhere were affected by the 2011 DSES. DrivingSales and DSTV proved once again that you need to serve dealers in the ways that you are founded on. Education goes everywhere…socially.