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It All Comes Down To Counts And Figures

When you live for sales, one thing usually starts and ends the conversation: money. How you get there is important along with a number of other factors like goals and bonuses, perks, recognition and more. We surround ourselves with facts, data and figures: units, conversion, month-over-month, even comparing ourselves to in-brand, in-market competition.

What is it that drives the best? What is it that ultimately separates us from the stars and accolades? Why do some salespeople always seem to be 'lucky'? Most of the time it comes down to counts and figures, but not the ones you are thinking about, including ones already mentioned here. For the leaders, it comes down to counting on yourself and figuring out how to improve or stay ahead of the game.

Without learning, self-improvement and flat-out challenging yourself, the units or dollars becomes the only factor, which is a self-fulfilling prophecy. If you count on customers just walking in the door more than you count on hitting your calls and emails to drive traffic, you might just count on a big goose egg.

Figuring on things just happening versus figuring on ways to better connect with customers, methods to keep better track of your prospects and ways to drive your business up may have you figuring on polishing your resume.

Doing what it takes to make every day great rather than taking each day as it comes is the path to a successful future. Those who count on themselves to be creative and agile will win. And the ones that figure out how to take each opportunity for everything it's worth will lead.

Figure out how and count on yourself to…

Best practices: Professional Insight, Powerful Results

January 18, 2009 by Gary May 1
Branding 101?…Not Until You Understand And Have A Brand

What is a brand? If reputation is a brand, a visit to a dealer ranks below one to the dentist. If awareness is a brand, most portals slaughter dealers in search where roughly 90% of automotive shopping takes place. If trust is a brand…well let's not go there. What is your brand and how do you build a brand today?

Recently my most engaged response to someone describing a brand was after spending some time on Dave Armano's blog http://darmano.typepad.com/ (click on the video on the right side about personal branding). You see, 'brand' has nothing do to with your inventory, your facility or your finely made espresso. Brand has everything do to with the experience your provide, your customers' beliefs in you, your handshake, your smiling staff and your ability to invite people back like they're coming some place special.

At the end of the day, your brand is all you have. Yes folks, 'what have you done for me lately' is in lockstep with 'will I ever return here'. While there are some great companies out there that will take your money and promote you online, offline, inline and out of line…what in the heck will they promote?

Sitting down with dealer principals and general managers, their responses to identifying their own brands are as canned as the marketing emails that every dealer in the same DMA sends out (yes, I've mentioned that lately and will again until dealers stop doing it). Everyone knows that a Lexus dealer will treat you like a guest in their own home, it's part of the covenant. Frankly Scarlet, we want to give a damn about something else.

With dealers (and other businesses) unfortunately in a position to provide much less to their communities as of late, the real brand and equity test is soon to come. If you do one thing this year well, build a brand. While there is no guarantee of eminent success, chances are your positive results will follow. Nobody asks for facial tissue, they ask for Kleenex. Nobody makes a photocopy, they make a Xerox. Unless you're from the Midwest, you ask for a Coke (but asking for a 'pop' just has a certain ring to it!) and not a soda.

Do everything you can to become a brand and more. There are those of you that do, don't get this message wrong. It's just that for most of the car dealers out there, your brand ends where the driveway meets the street. There is more you can and must do.

Start with your entire staff. Get them together. Ask what they believe your brand is. If the meeting lacks consensus, you have your work cut out for you. If you have one, get your customers to help. Want to get really 'techno-dealer'? Set up Facebook, Twitter and other networks that will work for you. Get reciprocal links from local businesses that are your clients and partners. Get influential people in your local area into your store, take care of them and they'll blog or contribute to forums about your business!

OK, enough for today. But Just Do It…and do it now…(you recognize that brand, don't you?)

Best practices: Professional Insight, Powerful Results

January 11, 2009 by Gary May 0
The Step You Cut Out In 2009…Might Be You

Fact is, more often than not, when you cut corners in sales the one that is affected most is you.  It is also a fact of business life that we're replaceable, as I've experienced myself. Why is it then that most people don't typically go the extra mile, especially when it is so needed?

This is not to say that there are not plenty of go-getters out there. Today it is critically important to think about making the most of every opportunity, especially with fewer prospects and less marketing dollars. Here is a list of common mistakes when it comes to achieving sales success in a down market:

1. Customer assumptions (examples: won't qualify, didn't want the aftermarket wheels, etc)
2. Market assumptions (examples: should call prospects less, nobody will buy when stocks are down, etc)
3. Other assumptions (examples: every lead will be for the unit we don't have, every customer is a jack, etc)

Taking out critical steps and not following sounds processes is what leads to failure. It's not the lead, not the market, not the model and not the customer. Successful sales people always do more than it takes and live by process. Take the time to build for your success by taking every step necessary. Some ideas you may want to consider for a successful 2009:

1. Create a set of tasks that you achieve every day and make them habit
    Set 1: start of day list (nothing else gets done before this does)
    Set 2: process on every sale with a required sign off or completion checklist
    Set 3: accountability checks throughout the day (follow ups, contacts, management)
    Set 4: end of day list (prepare for the next sales day before you leave and have tasks written down)
2. State, write down and maintain goals
    A. Make them visible and be accountable to them daily, weekly and monthly
    B. Track so you're not surprised
    C. Have others challenge you and check on you (do this with those who are more successful)
3. Learn, learn, learn
    A. Pick up something new as often as possible, even daily (task, idea, expert advice, etc)
    B. Apply sound principals
    C. Check for success, if it's not working…drop it

If you can do at least the above items and don't cut out any steps, you'll not only likely be successful but chances are you'll have saved your own job. In working with dealers last year, at least one sales person at every client didn't know how to work their compensation backwards. In other words, they had no idea how to make the $5,000, $7,500, $10,000 a month they said they wanted to based on more than a simple desire and some idea of units. To top it off, they usually had very little to none of the steps above to guide them.

If you're ready to reinvest in yourself as well as reinvent yourself, the time is now, the reason is you, the purpose is to do what needs to be done and the end game is success.  If you don't want to be in sales, clearly don't want to work Internet
leads and have no desire to do anything but 'wait', you're definitely looking at one clear outcome.

Little steps lead to bigger ones. You learned that as a child and then lost it in the hustle-and-bustle of our world. Remember that walking is controlled falling, that's all. You can fall without failing. Do what it takes to do what you do better. Make 2009 a great year of successes…starting now. Go out there and be great!

Best practices: Professional Insight, Powerful Results

January 2, 2009 by Gary May 0
Stay In The Driver’s Seat and You’ll Put More In Theirs

When it comes to the selling of cars today, it's not any easy task. Compared to the past twenty plus years, the cake walk has slowed to a drunk crawl. So what allows some folks in the 'Internet' sales world to deliver 15, 20 or even 25 and more per month? Control.

Staying in the driver's seat is not about dominating a conversation (or having a monologue with a prospect in front of you) or barely raising above a whisper for the fear of the person leaving the lot. Control is first about confidence, knowing that what you have to offer is more important than the piece of inventory that you're trying to sell. Being a dynamic listener and taking the time to qualify your customer keeps you from falling into sales (although there is nothing wrong with that, don't make it habit).

One of the greatest parts of staying in the driver's seat is learning, whether about the client or yourself. When you learn, you are taking steps toward the art of being in control. Once realized, you are no longer a victim or circumstance or, as Larry PInci of Sell The Feeling puts it, on the 'effect' side of the equation.

If you are typically in the driver's seat, you'll likely have your 2009 plans carved out (if not already in motion), have your targets planned for January, realized some things that you will both do and not do to cause change in the coming year and, chances are, have some 'use-of-technology' goals on the radar.

It is interesting to watch some of the data that comes out monthly (if not weekly as of late). Look at the trend in truck and SUV leads and sales over the past month. Surprised that people are buying them again, even with all of the focus in Washington D.C. over relevancy and MPG tied to providing loans to the domestic OEMs? Give people a reason to buy and they will.

Remember that people do what they want to do. Sometimes they need permission. When someone wants to buy a house, do they go to a dry cleaners or trash collector? Do you watch E! Television when you are considering which college to send your child to? Understand your market, your customers, your skills and your opportunities. Use control for all it's worth…heck you might even influence someone!

Stay in the driver's seat and people will come to you when it's time to buy a car.

Best practices: Professional Insight, Powerful Results

December 27, 2008 by Gary May 0
Don’t Worry About 2009…Unless You Have To

If there has ever been a time to realize the benefits of creating and executing on new strategies, it is the coming year. For those who went digital, got behind online completely, build their brand and reputation where the public actually spends their time, engaged their clientele via effective software and database activities, you will already have a great look into how your 2009 will sort out. Keep doing what you're doing and don't worry.

Now, if you haven't spent time assessing, looking at, determining and then executing your Interactive strategy, you have one decision with two options. And if you do opt for the 'stay in business' route, be prepared for a significant amount of technology this year, even simply from an integration standpoint. Things on the software, video, mobile and other aspects of marketing are going to accelerate.

Over the weekend, a number of conversations I was around included statements about newspapers, relevancy and readership, none of them positive. Separately, two people will be buying vehicles by March, their impressions already biased by sites they like. Others talked about past experiences being indicative of the future. Many people talked about making brand decisions based on the automotive industry coverage in the media, so I straightened those out at least. But overwhelmingly, people are using the web and not thinking about stepping foot in a dealership that is not in their specific scope of consideration.

Everything points to us having to do a better job attracting and connecting to our customer base online. It's winter, when is the last time you've had a banner ad on the local online traffic reports or weather updates on your local network news' website? Do you have links from local businesses' websites that have purchased vehicles from you? Even though we've focused a lot of attention on this lately: how many customers are providing online testimonials for you? (read: not many! Need ideas to get your customers to do that? here's one: ask them).

Your 2009 results will be based on what you are doing today and have been doing for the past few months. Those leads and customers are going to share their experience with others. The brand impressions people received months ago will undoubtedly affect who walks in your door tomorrow. There is no denying that your 2009 will be build on your ability to create a more significant presence in the areas where people consume media and data. Who's blogging, commenting and Twittering for you?

Challenge yourself to layout a plan for the first quarter that is web-based, create an environment of support throughout your entire store and get everyone to assist in deploying your new brand strategy. Get creative, become savvier, see yourself doing things that are not comfortable but will deliver results and ultimately take back ownership of your future.

There are a number of events that are dedicated to the Internet side of the business at the beginning of 2009. Commit to making those a part of your strategy and don't back out. Go the extra mile to figure out what you are going to do instead of being a victim of current circumstances.

Leave the worrying to others that don't take the time to invest in their future. Be confident in your direction and commitments. Spend your time and energy on things that deliver results rather than doubt. Thank you for reading this, now do something else online to further your business!

Best practices: Professional Insight, Powerful Results

December 22, 2008 by Gary May 0
Live By Process or Die By Process: A Message To Management

Dealers/General Managers and General Sales Managers, this is where the accountability starts: You and Process. I've not yet entered a store where the Internet business excelled despite management (ok, for more than one month). Heading into 2009, you must understand all of the fundamentals, be able to speak to the critical points with ease, know your vendors along with holding them accountable and stay up on what's happening in your store as well as outside.

The opportunity to hide behind anything that keeps you from being engaged with your online identity, understanding what your (Internet) sales staff is doing, knowing how your leads are being handled and taking part in how you message all of your customers has to end. In order to lead, be able to influence your staff and hold meaningful conversations with your sales team you must:

    1. Embrace the web and your presence (likely for the same reasons you use the Internet)
    2. Immerse yourself in learning, reading and understanding technology and the tools
    3. Have complete transparency (logs, reports, analytics, vendor updates/meetings)
    4. Validate the use and effectiveness of the web in everything you do

Stores are managed top down, period. People have faith when their leadership does the things that matter, support and recognize them.  A few questions to ask yourselves:

   Do I:
    1. have a clearly understood web plan, marketing platform and the appropriate staff?
    2. read magazines, e-newsletters and industry information that informs and validates the efforts?
    3. take time to sit down with staff that handles my Internet business?
    4. clearly define goals that make sense and hold people accountable?
    5. support online efforts by staying in touch with both my staff and customers?
    6. know at all times what my online brand, messages and staff are doing to promote completely?

It is not enough to put up a website, buy leads, plug in a CRM and wait for customer to run in. Think like a customer, act like a customer, ask like a customer, shop yourself like a customer and task your staff like a customer. Then you must make sure that you have a viable process and support it. Not half way. Not three quarters of the way. All the way.

Failure is not an option when you understand, plan and execute. Process is a great thing that breeds results. Process also shows areas of failure, possible improvement and validates all of your efforts. Remember, you can have the latest and greatest of everything but it won't matter if you can't back it up.

Make it your goal to set all of these things in motion now so your 2009 is something to talk about. More customers will enter your store online now than will ever physically walk into your dealership. Make sure you are 100% confident that those people will see and experience exactly what you want them to. Then do it over and over again…oh, and change your website a bit regularly just in case they actually spend some time on it…

Best practices: Professional Insight, Powerful Results

December 17, 2008 by Gary May 0
If You’re Living By Service…Don’t Die By Service

We don't touch on service much here…time for a little breather!

More dealers than ever are floating (or simply sinking slower) on the revenue from their service department. This trend should be supported with an overwhelming conviction to completely satisfy customers. The risk is just too large to lose clients both on the front and the back end of the store.

Things being what they are, it should come as no surprise that achieving such a goal is as far away as the next 20 walk-in customers. Equally as daunting, many service directors have had their budgets and discount capabilities slashed when exactly the opposite should be done. At the same time, it would be great to report that at least some budget has been thrown over to the web for marketing. But the jury that we could ask on that one was laid off.

Folks, don't kick the gift of traffic in the mouth! By the same token, don't give away the farm either. Instead live by balance, planning (yes, plan ahead, execute on the plan and don't change the ding-dang plan) and accountability. Make sure that your service marketing completely and clearly explains the benefits of servicing at your dealership, tangible perks (VIP club, fixed pricing or discounts, upgraded loaners, pick-up/drop-off, etc), guarantees and anything else that puts you up a level.

Get your customers to write up their positive experiences (and to offset the bad ones) on sites like DealerRater, CarFolks, MyDealerReport, Yelp, Google, etc. Provide maintenance clinics at your store (since you're already doing new owner events every one to three months, right?) to help your customers get more for their money and feature your parts and accessories. And then set up service scheduling on your site to make it easier for your customers (TimeHighway, XTime, UDC, MyCarPage).

This is not rocket science, it's customer sense. Over the past two days I've been told about two completely different examples related to service departments:

One via a friend in Michigan talking about his BMW. The service light came on, he called the dealership 30 miles away and the service writer informed him how to avert the visit (the 'fix' worked). He could have still had my friend drive to the dealership, get a complimentary inspection, spend time at the store with -insert a salesperson's name here-, and sent on his way with a $30+ charge. Instead they created a customer for life (with the exception that the service writer didn't get his email/text address, log the call in the CRM and create a GREAT follow up for the event).

The other you'll have to read for yourself here on Edmunds' Inside Line which is just plain astonishing.

Now is the time to go the extra mile, not cut off a few inches. There's nothing worse than stepping over a dollar to pick up a penny. Do what it takes to deliver the best experience everywhere in your dealership. And start with your next customer…

Best practices: Professional Insight, Powerful Results

December 10, 2008 by Gary May 0
Week At IM@CS: Chats With The Industry

What drives the traffic in? We haven't addressed that much so let's look at a few smaller providers in the realm that IM@CS believes provides the service, backs it and provides additional value:

GetAutoAppraise: Barry Brodsky and the crew at GAA have been doing appraisals for quite a while and know what is most important: the lead, not the value of the car. While the other companies focus on their own traffic around appraisals, GetAutoAppraise gets it done for the dealer with a great admin tool to boot. Check them out at http://www.getautoappraise.com

SEO For Dealers: When dealers ask about complex services they don't understand, they request to "keep it simple". In regards to SEO/SEM and the areas around that, Jeremy Hambly at SEO For Dealers knows how to get it done right: http://www.seofordealers.com

DealerBug: What in the world would drive a 'car guy' to build a widget for consumer to add to their desktop from their favorite dealer when most dealers can't even communicate effectively with their leads? Thank goodness for engagement and for Mike Jennings (former Ford and Compete guy) who understands one of the things that will drive people to and back to your store: http://www.dealerbug.com

We'll try to keep these updates weekly and ultimately have an area where you can get in touch with the vendors.

Best practices: Professional Insight, Powerful Results

December 8, 2008 by Gary May 0
Sharing The Pain, Silver Bullets And You

What is it that drives someone to perform? Along with the given family, friends, clients, bosses, partners and other tangibles and intangibles, it's simply that person's desire. Two things are clearly evident in the auto industry today: it's inextricably tied to the economy (if not one of the biggest drivers) and that companies reap what they sow, sometimes for an undeservedly long time. You can't change the economy but you can absolutely control what you do.

It's not rocket science to understand what separates a performer for an 'also ran'. While that may not be fair, it's reality. The winner always figures out a way to the desired result. They rise above circumstances and work on the cause side of the equation rather than the effect side. They also know that pointing a outward finger points three back at themselves.

Another wake-up call: even though the domestic auto manufacturers may not be building the most relevant cars in the world, the products sold by GM, Ford and Chrysler do not deserve the stigma attached to the cars from the 1980s until about 2000 or so today. If sentiment is the major indicator that it truly is, Detroit is still living the nightmare. In all fairness, however, I've seen more Traverse commercials in the past three months than I ever saw of 'Road To Redemption' ads.

What is it that continues to perpetuate that type of thought process today when products and services are truly better than ever? No one is impervious. Toyota is down around 50% over the past two months and layoffs there are eminent after the first of the year.

Sharing the pain is and will be one of the unfair realities (GM is holding incentive money from dealers for two weeks, which might bury more than a few stores) as is shortages of 'hot sellers' while your lot is filled with cars that don't move. And guess what…silver bullets just don't exist and likely never did.

So what can you do to change the perception of auto retail and service?  Quit letting the 'brands' dictate your actions and reactions. Build your own brand and reputation because people don't buy a Wrangler, Camry, Z, Malibu or Arnage from Jeep, Toyota, Nissan, Chevrolet or Bentley. They buy from you. Start staring at the front door less and start staring at your screen more (and then email and call more, too). Read what people are saying about you online and realize that's what everyone reads!

Start using the reports from your CRM, utilizing your analytics, update your website (including updating your staff photos that show people that are no longer there and not showing people that are), market your pre-owned inventory (you market it, not the third party sites), add video to your site, emails and follow ups, take more pictures of your happy customers at delivery, call a customer you haven't touched in 12 months…

Don't hold Honda or Subaru responsible for slow traffic and hold back
on expecting Mazda to deliver 24 more customers this month.  Think like, plan like, act like and then become a performer. You're the only thing between not having it happen and making it happen. Be more effective by doing above what is needed and you'll have everyone else thinking that your holster is loaded with silver bullets. Go on…be great!

Best practices: Professional Insight, Powerful Results

November 21, 2008 by Gary May 0