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The Shortest Distance Between Two Lines Is A Straight Point

Another day has gone by in our industry and where are we? Did we break a record? Did we start a trend? Did we figure something out? Chances are we're in the same place we were 48 hours ago. While we'll leave the guessing how much other businesses out there have changed to the "experts" (yeah, we've got more of those today than we had yesterday!) but know for the most part we didn't blaze any new paths.

Another month has gone by and another interesting declination from a dealer that needs help (no, not the same one as one of our last posts):

"It's (so and so) from (such and such), is this a good time for you?"

"Uh, no. I'm working on ads for this weekend and Ive got a lot of other stuff to get done. You're either buying something from me or trying to sell me something. If you're trying to sell me something, it's the wrong time."

"That's completely understood."

"You'll have to call me back."

"Considering how busy you are, will you take my name and number?"

"No"

"OK, good bye"

While the distance continues to grow between the dealers that are moving forward and those that aren't grows, it's important to remind ourselves of where we're heading. You know, the road map. Goals set at the beginning of the year rather than two weeks ago. We all have them memorized now:

  • Regular review of website performance, stats, leads, etc
  • Weekly lead status and management
  • Complete (aka 100%) CRM use/integration for all departments
  • Updating of templates and scripts for all customer communication
  • Social media game plan
  • Reputation management
  • Vendor accountability
  • Read and participate more at events and online communities
  • Getting outside help occasionally because you can't staff for everything

It's not easy to look at all of the things thought or talked about considering everything that has to be done just to sell and service cars. Right?!?! Let alone add them to the heaping pile of responsibility that everyone has in automotive retail. Right?!?! Besides, it's hard selling cars today. Right?!?!

Wrong!!!! As Andy Dufresne put so well in Shawshank Redemption: Get busy living or get busy dying. Sure, you can bury your head deeper in the sand St. Diggerstein, or you can get real and get in business.

The shortest distance between two lines is a straight point. In other words one line is where you're at, the other is where you want to be. And the point is…go get after it. Quit stalling!! Besides, you said you're not going to fall for the banana-in-the-tailpipe.

Best Practices: Professional Insight, Powerful Results

August 19, 2010 by Gary May 0
Don’t Look Down…I Said Don’t Look Down!

It's absolutely amazing…we humans. Creatures of habit, intrigue and fear-based reactivity. Right now is no exception, obviously! However, it is also possibly one of the most defining times as well. True leaders will come out of these challenges and leave those that just waited behind.

Survival of the fittest? Nope. Natural selection? Not in the least. Those that listen, learn and lead will become the only true survivors in the new environment, whatever that is. A constant vegetative state leaves you…in a vegetative state. A mind set for challenges, diversity and no's, armed with direction and goals is in a complete different state. One of success!

When you were a kid, you had a challenge: brick wall, log over a wash or stream, even a tightrope (you must have interesting family stories to tell!) and someone yelled "don't look down!". Did you? Of course. It's not if you look, but what you do afterward that matters most. If you persevered, you were rewarded with confidence, self-worth, maybe even status… If you succumbed to the "look" and ran back, hobbled off or fell, you likely received a completely different result.

Fast forward 20-40 years. There are challenges up the wazoo right now. Whatever you do: Don't Look Down! OK, what to do now? The sand already is full of heads, the job boards are stuffed with resumes, your industry friends and associates are doing a little CYA (fine, a lot) while they forgot about you and the water cooler has been repossessed. What now?

How ever imposing the view into the chasm, do what you know how to do best. That is if what you do best is do. Don't take my advice, you already know what you need to do. Quit blaming the person that yelled and warned you, they're the messenger. What is the message that you will hear?

This can't be said enough: get your plan down on paper, figure out what you are committed to doing, figure out how to get there (yes, with outside help period!), measure, qualify, watch, gage and review but absolutely positively do it! The difference most times between failing and failing forward to success is simply a matter of inches: the six between your ears!

Best Practices: Professional Insight, Powerful Results

May 6, 2009 by Gary May 0
What NADA Showed Us And How We Can Learn

Last weekend's NADA show had all of the makings for a great show: vendors, timing, speakers and even terrific weather (for New Orleans in winter). The one thing that was missed: the D in NADA. Without the dealers, it's a relatively expensive industry supplier meeting. As the trade show and the main body of the industry in the US, it's the dealers' best resource for gettin' er' done. I've never walked around unabated.

This is not a blast on the NADA, its leadership or affiliates. Considering that this blog is for best practices, we'd prefer to look at ideas and solutions prior to next year's Orlando get together. More should have been done to get the dealers there that considered it and declined. NADA, its exhibitors, partners and others deserve more for the effort that is put forth every year to provide solutions and resources to a massive industry.

Absolutely knowing that attendance would be down, a stronger message could have been sent including promotion of the event in the past couple months. Lowering ticket prices, getting airlines, hotels and other necessary partners involved to chip in with big discounts would have been instrumental in getting more people out. On the surface, those are the 'easy' things: better promotion, better attendance, better planning leading to better results. OK, enough said on that, I went.

This year is done and over, we can't change it. Keeping in mind existing factors and the expected continued drop in sales, how can we drive going forward and build for NADA '10? If the industry is down this year, will less than 10% of the automotive retailers be represented next year? How many people will think "I didn't go in '09 and I don't think it hurt me, maybe I'll skip the next one!"

Maybe a couple things need to change. Having attended the major shows and events over the past eight years, it's clear that change is needed to be more effective. Here are a few thoughts:

1. Setting expectations for what dealers will be able to get out of every session, event, speaker and meeting.
2. Promote each event individually in the lead up to the show via email and other marketing.
3. Hold speakers and contributors accountable for the content of their sessions and change them every year. People don't want to hear the same folks talking every year.
4. Follow up. Maybe NADA should follow up with every attendee each year with their staff of consultants and make sure the value from the show is delivered.
5. Come with the expectation to learn first, network second, see everyone you should third and then maybe shift to how many drinks it takes to forget the taxi ride back to the wrong hotel. No, it shouldn't be number one or two no matter how much fun you can have.

Many of this industry's best and brightest companies were on display for about 80% fewer dealers this year. The busiest booths I witnessed were all associated with the web, web-based and/or services that are made for the Internet. In order for all of us to build the business right now, we have to be focused on customers, best practices, smart spending, brand building and right-sizing.

If we act now to make NADA 2010 better for everyone, we'll have a tremendous show. One other way we might be better served is to cross promote events (no matter how insane that sounds in a hyper-competitive environment). Digital Dealer, JD Power Automotive Roundtables, Ward's Spring Training, Synergy Sessions and more can further benefit by helping the community in addition to getting more dealers to attend through lowering fees and providing more value. Just an idea…

If you were at NADA:

1. What were your perspectives?
2. What do you see happening to push business forward?
3. Who were the most exciting companies in your opinion? (without blatant self-promotion)
4. What do you think was missed that must be addressed in a proactive manner going forward?

Learn from the past to better look forward and plan. It is in our complete interest to create a healthier place to both work and thrive from the inside. It must start with helping dealers sell more cars.

Best practices: Professional Insight, Powerful Results

January 28, 2009 by Gary May 1
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