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Shortcuts, Rock Stars, Working Harder And The Point

Everyone, even the most committed and successful visionary, may take a shortcut from time to time. It's in our DNA. It's hard to resist. It's a recipe for disaster. It's one of the status quos of automotive retail and it'll undoubtedly be the death of more dealers.

So why is it that we live in a world where increasing the cost of goods sold for the sake of selling is acceptable? Markets overwhelmingly determine prices and sales, and those that proactively and interactively work to grow the market will win. And retention is nearly completely determined by the retailer. If you listen to most vendor pitches, increasing your operational cost is the only way to increase your business. Look at the trends at too many dealers over the past year, as sales have increased and you'll see old patterns and habits back once again.

– Look at the opportunities that are being missed. If you are a GM or GSM and are not reviewing your store's Internet-based performances at least weekly, you are losing sales, reviews, service opportunities and more. Don't simply add leads when salespeople ask for more leads. Review and access. Don't mask performance issues with more leads, new add-ons from vendors or another salesperson until you find and fix the true issues.

Dealers increasingly seem to be struggling with their rock stars once again. The difference between the salespeople that are truly working processes, generating results and those that talk a great story and have glowing resumes they'll share with everyone at the drop of a hat appears to be growing. Well-qualified people are harder to get at the same time that the gravy train seems to be stuck at the station. Rock stars are made by quality of work, sales, fans, referrals and buzz. If you are in car dealership management and your staff doesn't have all of those, you're website staff page might as well have pictures of Busey, Sheen and Murphy, Sure, your sales staff used to sell cars but are simply taking up otherwise valuable space at your expensive facility.

– If a salesperson can't close a manager, they can't close. They sold 28 a month at the (fill in the blank) store before taking your prized opening? What happened? You might be able to teach them. But how are they going to talk with and close an executive from a local company when they can't leave a proper message? While the industry talks about the "quality" of leads, we actually need to talk about the quality of people representing dealerships. Personality tests, walk-around evaluations, daily product training and more are great, but if your rock star is simply an over-egoed, tanned snake it the grass with a tattoo, that's what you and your customers are getting.

For a true professional, working harder is just as important and effective as time management. (newsflash: there is no such thing as time management, just priority or schedule management). If you are in sales and you tell management that you'll work harder, take the rest of the day off. Unpaid. Working harder is to results as Pillsbury is to making a gourmet cake. Find ways to leverage your time, use existing resources, have a cache of information ready and, most importantly, listen to your customers so you can save time rather than work harder. If you're in the work harder camp, you'll be passed by those that are in the work effectively camp and enjoy life much, much less.

– While there are a lot of things that can keep you from what you need to do on a daily basis, what needs to be done is incredibly simple. It's just not easy. Set daily, weekly and monthly goals (if you have the guts, set quarterly ones, too). Document everything. Use your electronic tools but write things down. It's amazing how many salespeople refuse to print out their queue and document notes by each contacts' name throughout the day, saying mid-day "I've hit my list" and "why do I need to print a list, it's on my screen!". Did you call each prospect three times? Are you customizing each email so it's relevant to them? Are you creating excitement, a call to action and exclusivity? And are you documenting everything?

Given the choice to build your business, what activity must you do?

1. follow up with all sold customers, asking them for referrals;
2. provide the best delivery process
3. set appointments
4. be the fastest responder of all your competitors
5. have the best brand experience of any salesperson at your store

If you've spent any time in sales, the only activity that generates business is number 3. You can everything else well, but if you're taking shortcuts, doing everything you can to work harder and bending it like a bonehead, you can't build a great business.

Remember that the best tools allow those that use them correctly with solid processes to do the best. A mediocre salesperson using great software may be able to sell some more products. A mediocre product with a great sales team, processes and software to back it up will win nearly every time.

As the automotive world we live in continues to change through new ideas, consolidation, acquisitions, production issues, lousy marketing and the like, you can only control what you do. So do what you do better. Shortcuts don't work, and definitely in the long run. Most rockstars fade or burn out. Leave working harder to the ones that don't know any better. What we're about is providing a better experience and delivering more cars. Not a flashy image. Nothing old school. Nothing that blocks or tackles.

What's the point? It's the one that things turn at. It's the one you wake up at. It's the one that you're beyond. Get the point?

 

Best Practices: Professional Insight, Powerful Results.

Dealership Reset: It’s Halftime, You Got Game?

There's not too many times during the year that we call a time out. Well, there's usually one. Here's the dealership reset:

Accountability: How are you against your goals?

It's not just units, gross and ROs. It's about cost, effectiveness and no-bullshit reviews. Someone's feet not being held to the fire? Now's the time or else don't expect anything different come December.

Assessment: Who is helping you, who is not?

In meeting after meeting, the question should be the same for dealers to suppliers: "what have you done in the past 30 days to improve my business?". If they can't answer and back it up, you're wasting money.

Education: It's not just for sales meetings anymore

It's incredible when the entire sales staff can chirp back specs on the car they just received product training on that morning from a sales manager or the factory rep. It's another thing when a salesperson helps everyone learn something about their CRM they didn't know or shares a closing technique that got them to 25 units for 3 months running. When you stop learning, you start dying. When you refuse to learn, you need to pack your bags.

Impression: None, fleeting, building, lasting or wow?

Impressions have nothing to do with CPMs or 4-color versus black and white, although every newspaper sales rep that calls on your store will have a fit defending themselves. Impressions are all about what people think and feel about you and your business. And while it has a little something to do with the "silver bullet" that nearly everyone is talking about lately (yes, all of the experts are talking…all few of them), impressions are a lot more under your control once you realize that management actually influences nearly everything that happens at your dealership.

Half way through the year is more than enough time to evaluate a new program, see the leads you were supposed to get, increase your SEO results (if not dominate in many markets), build substantial results from email marketing, and a whole  laundry list of other improvements. If you are not getting the results, cut bait. If you are, see how you can get more.

Everyone needs to do the reset. In a meeting with a dealer last week, it was dismaying to see things that weren't acceptable even five years ago still prevalent today. Apologies for using some cliches but they're so appropriate:

  • You must inspect in order to expect
  • Together Everyone Achieves More (TEAM)
  • Leaders are readers
  • The hardest thing to change is the 6 inches between your ears
  • It's not how hard you work, it's what you do with your time
  • Dreams come a size too big, they allow us to grow
  • Track, target, trim and train
  • An idiot with a plan is better than a genius without one

The tragedy in life is not missing your goals, it's not starting with any. And that's even more the case when you don't check yourself before you wreck yourself. It's time to do your reset. You'll thank us later…

Best Practices: Professional Insight, Powerful Results

What Did Thanksgiving Do For You?

If you're in sales, chances are you needed the Thanksgiving day break.  Badly. If things are good or not-so-good, the day off allows you at least to decompress.  If you're in automotive, many would say that the break is more than deserved.  You should return with two things: the day off and something new.

Too often we take the greatest chance to improve and dismiss it with a focus on the short-term gain.  Will you return simply energized or with new, more aggressive goals and a dedication to really build your brand?  It's not only the things we're thankful for, it's also the things you plan on being thankful for.

If you sell, are you doing everything you can?  Using your CRM as a static database or a real tool?  Is the day after Thanksgiving the day that you start leveraging your website with live chat, video, widgets, blogs, calls-to-action to convert your traffic (campaigns, truly unique offers, integrated items, etc) and more.  Or maybe it's not time to do that.  Right?

Is it time to start customizing your newsletters and other email marketing instead of thinking that simply sending things out means you get results?  Maybe Friday is the day that you start holding vendors accountable.  Or when you start leveraging social media and online reputation management?  Yes, that means you'll have to start asking, connecting and setting expectations.

In order to expect different results, you must do different things and do them consistently.  If there's ever been a time to distinguish yourself, your brand, your dealership, your clients, your community and your industry, it's now.  The gloves are off.  The transparency is ever clear.  The opportunities are there.  The opportunities are yours.

Chances are most of your competition is going to be doing something when they come in Friday: the same thing.  What are you going to do?

Best Practices: Professional Insight, Powerful Results

On Your Mark, Get Set, Think, Plan, Then Go! And Then Review.

You hear it all the time: "this isn't rocket science", "a monkey can do this" and "you're kidding me, that's easier than chewing gum".  Yet process seems to be as rare as a walk-up customer these days when it comes to the Internet side of the business. Not necessarily the sales process, although there are still many that struggle with that, but the part that deals with planning, accountability, results and reviewing.

Based on the non-scientific data at the recent round of automotive industry events, many are surprised that the majority of leads from dealer (and OEM) websites still are not responded to well, timely, with engagement or even at all.  Most people from the consulting and coaching side of the business are not surprised.  While there is definitely more attention and dollars flowing toward the online part of retail, more opportunities are slipping away as software and solutions are expected to run the business.

CRMs, as great as some are today, websites, as well as they take visitors 'through the process',even social media, as poorly as most dealerships handle it, are not stand-alone solutions that take your store from zero to hero.  Your customers won't rank your vendors, they'll rank you.

Planning, visualization, tracking and accountability (yes, to someone else that can call 'bullshit') are all tools of the sales trade.  Not printing your queue every day or starting off with a priority list when you first sit down?  You will not experience success at the level you should.  Fact is your database, no matter how clean, can't sell cars.  It may be a goldmine, but it's covered up until you have a work plan that actually takes prospects and changes them into completely satisfied clients.

While it may seem that the top producrs always have things 'go their way', it's due to working smart, prioritization (that doesn't mean you chose which customers to respond to effectively), visualizing positive results ahead of time (not just saying 'yup, this one's mine and they're taking chromes! and window etching') and being consistent in what you do.

The 'best' location, dynamic website with strong SEO, a bulletproof CRM, well-written templates, intriguing videos and a mission statement that is generations-old with a mediocre staff to back it up will be out-gunned by a competitor with less-than-perfect technology but an eager, process-oriented, customer-connecting, motivated and excited group of individuals working as a team.

Not to take anything away from some great companies in our business, including many that IM@CS recommends, but we must remember that we're in the people business and the badge on the sheet metal is not more important than the person buying it, nor is the voucher more more important than the techniques to achieve it.  Think about that the next time you skip asking the next guest how you can improve their experience , what would excceed their expectations or simply how they see things happening to earn their recommendation.  Yes, asking and truly listening are on the path to perfection!

Ready, shoot, aim does work…as long as you understand how to improve every time and have had the chance to review where you are at and why.  Go get 'em tiger!

Best Practices: Professional Insight, Powerful Results

I Think We Can…I Think We Can…We Better Think We Can

Boy, things were really humming there for the longest time and then the train ran off the track, or maybe the wheels simply came off. No matter what, we got to find out what it would be like for the industry to have a brake test. But instead of 60 to 0 in 137.6 feet, it was more like 17 million to under 10 million in a blink (try that supercars!)

Add to that the fact that somewhere along the way, we got just a little more than complacent…ok, we got really frickin' complacent! Now we have the choice to do things over the way 'we' did, or go down the road less traveled.

So we have to ask ourselves collectively some tough questions. Do we advertise the same way we did? Do we communicate the same way that we did? Do we build the same way we did? Do we sell the same way we did? If so, how can we expect different results? And for those that want to wait, how can you expect anything doing that?

Many indicators seem to show that we're doing a lot of the old things and just a few new things, and neither incredibly well. To get the results we truly want, it is so important to be realistic, admit when we can't do what's expected, challenge ourselves to new ways of thinking and get out of the way when it's time. If this train is getting back on the track, it had best be a brand new track and the engine clearly needs replacement rather then modification.

No matter what you're doing, start thinking and acting like consumers and start believing that success is our only goal. I'd like to tell you that the latest ads on TV, spots on radio, full pages in the magazine and full-disclosure rant in the newspaper were absolutely effective. Since I don't do any of those activities, I can't. And none of the people I regularly hang out with or talk with do either.

If we start thinking and believing that we can, and it truly shows, it'll likely happen. It's not rocket science. It's not about ignoring other very related issues. If we are going to be successful, we have to do it by ourselves. We have to believe that the results will be there because we did everything we had to…not somethings, everything.

And I think we can, I think we can (insert favorite choo-choo noise now).

Best practices: Professional Insight, Powerful Results