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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.

Week At IM@CS: Chats With The Industry

Information: Admit it, even when you're 'on top' of your DMS, know your monthly P/L and even memorize 2,000 customers' names…you still struggle. We live and die by information. When do you act on it? How do you act on it? Is it
relevant? How is it stored? Do you use it to learn? Do you seek it with the determination of an honors student with a 4.3GPA or the person who slides to the back of the classroom? Doesn't matter: your world is ruled by it. Here are some ideas
about what you can do with your information and some great places for more:

Visible Customer:
Have an ILM? Pay for a CRM? If it's not strong enough or your staff can't use it effectively, it's no better than MICKEY MOUSE. Still need to build one-to-one relationships
with your customers? Sean Stapleton and the team at Visible seem to
understand what dealers need to a degree that very few vendors do today
from an execution perspective. The product line is inline with today's needs and their background happens to be solid enough to rest an entire football team on (in case you were wondering). http://www.visiblecustomer.com

Dealer Refresh: A few weeks ago a couple newer automotive "community" sites were mentioned that IM@CS reads and participates in. When it comes to industry blogs (including this one) there is a recognized leader through the observations and words of Jeff Kershner at http://www.dealerrefresh.com Check it out if it's been a while or if you've never laid your eyes on the content from one of Mile One's and the industry's finest.

Arkona: Every once in a while, one of our clients completes their 218-year contract with their existing DMS supplier. Having been around and watching Richard Holland's company for the past four plus years (and acknowledging DealerTrack's great acquisition as well), Arkona seems to do that little bit more, a little bit faster, a little bit easier for a little bit less with a little more focus on you (yes, that's being a little nice to the 'other' guys). Check out their product: http://www.arkona.com

Survey Monkey: "I can't trust my staff to get the data", "No customer is going answer my questions, they don't even answer our surveys" and "it's not my job to follow up with the customer, our CSR does that" are just a few excuses heard typically in the halls, showrooms and back offices of dealerships daily. There is a free way to get your client opinions and comments with a little bit of set up work. If you need to ask more than 10 questions, you'll pay a little but it's worth every penny. What you do with the data is up to you, but get it! http://www.surveymonkey.com

There are many more ways to accrue, store, work with and ultimately monetize your data, but hopefully the above serve as one to a few more than you had before. 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