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Posts with marketing tag.
Webinar: Reving up Automotive Market Research with Social Media Analysis

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As auto manufacturers and suppliers grapple with tough
economic times, understanding consumer preferences becomes even more
important for near-term survival as well as future viability.

J.D.
Power and Associates’ Web Intelligence Division utilizes social media
to help the auto industry gain consumer insights, mining the
blogosphere for unvarnished insight and unbiased opinion.

We
invite you to join us for a webinar to discover how J.D. Power Web
Intelligence can take the blogosphere beyond monitoring and turn social
media information into action.

This webinar delves into the opinions found social media on topics like the following:

  • What are short- and long-term auto industry trends, such as consumer purchase intent?
  • How are consumers responding to recent OEM incentive and marketing programs such as job-loss insurance?
  • How can automakers more successfully approach Gen Yers?
  • How has J.D. Power’s newest spin on segmentation – Tribe ReportsTM – helped other companies gauge marketing effectiveness?

  • DATE  Thursday, May 28, 2009

  • TIME 2 pm Eastern

  • SPEAKER
    Chance Parker
    Vice President & General Manager
    J.D. Power Web Intelligence

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May 8, 2009 by Gary May 0
Cutting To Save Costs Can Cost You Greatly, So What’s Next?

It's so much a part of business today: cost cutting, staff reductions, marketing cancellations, disappearing perks. Even companies that are profitable and efficient are not exempt from the slashing and hacking (that makes sense, right? right?). Needed? Absolutely! Done right? No way! What can you honestly expect when you're name (and more) is not out there?

There's no point in kicking a dead horse: it's bad out there and those that watch conventional media just make it worse by believing what the masses do. But ignoring opportunities and not INVESTING in your future is just as bad as picking up a dime after stepping over a $100 bill. Cost cutting is not an exercise as many people profess, it's simply a knee-jerk activity. One in which you'll disappear. If you want to run through exercises and get wiser, more nimble and learn, then be smart!

Many activities related to online reputation, brand equity, lead generation, customer relation management and more are…wait for it…free! But alas, you must work at it (as discussed in today's Dealer.com 1st Party Lead Webinar, thank you Alex Snyder). Hearing "I can't afford to have my staff doing that online stuff" gives me more indigestion than eating that 72oz steak down at Big Texan!! Folks, what is your strategy? If you cut off blood and oxygen to the brain, what happens?

If you are part of the pointless cost cutting brigade today, how are you going to correctly ramp back up? What are your benchmarks? Consumer confidence, bank lending, 20% lift in units? Please! Strategy, planning, analytics, indicators and some intuition thrown in for good measure should do it along with a good long look at the competition.

If you don't have a game plan, how do you know when the 'cuts' are done? You can't, you don't and you won't. Be proactive. Be thoughtful. Be interactive. Most of all, be timely, accurate and relevant. People want to know you're around and in business.

You may have turned off the car wash and done away with the donuts and muffins but what do you still offer? Think about what's next and think about success (no matter how hard). There are some great opportunities out there just as long as you're willing to do them, putting your effort, thoughts and money behind them.

Best practices: Professional Insight, Powerful Results

April 28, 2009 by Gary May 0
Digital Dealer in 500 Words Or Less (It Should Be Way More…)

If you could find a fundamentally harder time to think about events, traveling, speakers and spending time (and money) in Las Vegas, it would be a stretch.  Fact is that you would be justified by not even thinking about anything but 'the next customer' right now.

For the 420 plus dealership staff that just spent the last three days at Digital Dealer: CONGRATULATIONS! The fact that you put your money where your mouth is about growing your business is a great step forward in addressing the market, getting a foot up on your competition and utilizing newer ways to connect with your customers.

Chances are you left with too many ideas and strategies to remember and that's great. Some of those ideas likely came directly from the speakers at the event. Now before you go rushing out signing up new vendors, canceling your existing ones, bringing in the flavor-of-the-week, well-polished messenger and other gotta-do-it-now activities, stop and think.

How does everything work with your direction, intentions, brand, budget and goals? Was there a Dealership Goal Setting 101 session? Shoot, I missed that one! Also I couldn't find the 'Connecting and staying in touch' networking event (although you do have a partial list of attendees). You most likely had more than enough time to talk with session speakers in the 10 minutes you had before the next session… If you paid to come to the event, you should have gotten everything you needed out of it. So check before you spend (yes, there were completely qualified, hard-working vendors speaking on stage but many biased as well, just to be straight).

There are likely multiple suppliers for the solution(s) that you're thinking about but chances are you didn't hear from their competition on stage (credit to the always honest Dennis Galbraith of Cars.com who pulls no punches, mentions their competition and tells people it doesn't matter who you're going to hire as long as you know what you need).

Mike Roscoe has put on a number of events that our industry needs…to this point. It's time to get all of your thoughts back to the team that runs the conference to make sure that the value stays in. With all of the attention on the OEMs and suppliers, dealers are not getting their fair support. In my mind, everyone that paid the money to expo in Las Vegas wants and needs dealers to be successful (and make a few bucks).

Now is the time to take our industry where it needs to go. We can't wait. We can't accept things as they are. We can't put our heads in the sand and cross our fingers that it will be better in 2-5 years. Take the bull by the horns or we'll be simply left with bulls–t. I'm proud to have the involvement with Digital Dealer, many of the associated companies and the great folks that attended.

Let's make sure that we can keep getting together a few times a year…

Best Practices: Professional Insight, Power Results

April 22, 2009 by Gary May 0
How to Use Social Media to Attract More Customers – Free Marketing Webinar

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Businesses now have the power to leverage the Internet — search
engines, blogs, social media — to reach customers more effectively.
This includes connecting with customers where they hang out online and
engaging in conversations about the topics most important to them.
Social CRM (Customer Relationship Management) is all about joining the
ongoing conversations our customers and prospects are already having
and not trying to control them. It's realizing that people like doing
business with people they like and love doing business with people they
trust. 

This free webinar will cover:
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  • How to use social media to connect with customers online
  • Creating content to attract more customers to your business
  • Tools to help you manage and measure your social media efforts

Date: Tues. April 14, 2009

Time: 2PM ET (GMT -5)

Duration: 1 Hour

Who should attend?

Marketing professionals and business owners. No technical experience required.

Speaker:

Special guest presenter: Brent Leary, co-founder and Partner of CRM Essentials and recognized expert in the field of social CRM (Customer Relationship Management)

Enroll_Now

April 9, 2009 by Gary May 0
If Opposites Attract, Why Didn’t I Sell 30 Cars Last Month?

Let's face it, if the simple fact was that opposites attract, every dealership would sell out of cars…every month. Actually, that's not quite true. Opposites do attract, but we're talking about much more serious issues than simply attraction. Why in the world would someone want to buy from you?

First, there's the typical stuff: Are you prepared? Do you have the same opening and closing process that you use every day? Do you know/walk your inventory daily? Do you know your ad cars? Are you qualifying your customer correctly?

Now, and possibly more important, there's the newer stuff: Do you know your website? Do you know your competition's? How many leads can you handle correctly (and not just call or email once)? How often do you network (and not just online)? How is your follow up, really? Does management have your back or are you just off the back?

When you look at things realistically, you've never sold a car in your life. Not trying for semantics here, just a honest look under the hood. Ever had a green pea outsell you? Of course! Today it's much more about everything but the sale. Don't pull the wool over your own eyes.

When recommending new technology, companies or services to dealer clients, I continue to hear the same excuse as to why they won't use/buy/check out something that will be a complete benefit: "my people are just here to sell!" And there's the problem folks (or at least the biggest after credit and flooring/financing issues).

The more you act like you did when the gravy poured, the more you'll struggle. The more you treat customers like suckers, the more your showroom will chirp with the sound of crickets. However, the more you do things the you've ignored, the more you understand how to use technology, the more you keep up-to-date and trained, the more you listen to your prospects and clients, the more success you will experience.

The world's most expensive, luxurious, technological, streamlined, incredibly fast vehicle can't do crap if it's out of gas. The most beautiful facility with gleaming service bays, hi-tech lounge, ready-to-go espresso machine and great looking receptionist can't generate a dime without the right resources.

By the same token, quit expecting better results without doing the things that have to be done: having the right associates, educating them, using technology correctly, having the best vendors and support and 'filling up the tank to full'.

Start attracting business and maintaining it instead of…the opposite.

Best Practices: Professional Insight, Power Results

April 2, 2009 by Gary May 1
IM@CS Featured on BlogTalkRadio’s Lunch With Phil Again!

Today Philip Zelinger of AdAgencyOnline.net
invited IM@CS back to discuss social media and a few SEO fundamentals. With the issues that are being faced in today's market, it's important to be able to leverage technology in a timely, relevant and conducive manner. Branding is one of the only areas that is still controlled at the dealership level.

With the upcoming Digital Dealer Conference (April 19-21 in Las Vegas), now is a prime (if not the only) time to learn what your business is missing in its online presence and equity. While social media is still in its infancy, especially for automotive dealers, few tools possess the opportunity and create the effect that this new medium is harnessing.

Follow the link or click the logo to listen in on today's interview. Many thanks to Phil and AdAgencyOnline.net for inviting us back to the mic! http://tinyurl.com/d4az5c

AdAgencyOnline
BlogTalkRadio

March 30, 2009 by Gary May 0
How Best To Help During The ‘Auto Crisis’: IM@CS Breaks Silence

With the exception to recent Twits (@imacsweb on Twitter) on the state of the auto industry in the form of short blurbs and links, I've steered clear of commenting deeper. This blog's focus (and definitely going forward) is to educate, motivate, inform, guide and challenge…let alone be a positive light rather than a black hole. Maybe it's time to change that for one day since, chances are, it's not going to get prettier anytime soon. So without further ado, here we go:

1. The OEMs are broken (read: all), and retail is more so

With all the focus on manufacturers, loans/bailouts, government intervention, production cuts, layoffs, and the potential disintegration of the economy, no significant focus has been put on the prominent issue (in my mind): where cars are sold. We're still a reactive industry and that's no way to get ahead folks.

2. Brands for most part aren't connecting with consumers, salespeople do even less

Advertising can't happen the way it has: push, force feed, capture, bombard. Marketing has changed: one-to-one, relevant, contextual, timely, engaging, valuable. Get rid of the "when can you come down?!" mentality. You don't want that as a consumer so stop doing it. Why are you doing the same thing and expecting a different result?
Dealers: Oh, here's a new one. It doesn't matter what logo you sell on the piece of rusting metal: start selling your brand and if you don't know what your brand is, create one.

3. Budgets: Want to 'cut and wait'?…ok, in English that roughly translates to 'suicide'

If you want out, an exit strategy is recommended. If you're planning on staying in business, DO business.
OEMs: Why in the world would you cut Interactive for TV today? Don't worry, that's a rhetorical question. Shame on you. Want to stay with a current vendor instead of the newer, agile, lower cost one? Won't take meetings or talk to new suppliers: big mistake.
Dealers: You can have a viable to completely comprehensive marketing program for less than $10,000 per month (larger; less than $15,000, small, less than $7,000). Don't stop spending because it's the flavor of the week. Spend smarter, educate and support your staff (replace those you need to), understand what you're doing, get accountability and do more.

4. While 'news' media is garbage (but sells), the industry does little to battle conventional sentiment

Anyone that watches network/local news could have a better experience banging their head against a brick wall. People (smart and not-so-much) are still watching it. So what are you doing to educate your prospects, clients and others that you have a great brand (NOT the franchise!), have great products and services, have great ways to provide them with your products and services, will exceed their expectations and that you're there for them?

5. Consumers control consumption and engagement…and were still printing and running car ads?

Quit trying to fight a battle we'll lose every time. People consume content they want, when they want, how they want and where they want. Ads don't work: TV, radio or other methods are not effective. Shred newspaper, drop cable, hang direct mail out to dry and cut radio (dealers only: take your conventional ad agency out for their last expensive lunch). Communicate with people on their terms and be goshdarnwhoopdydoopty good at it.

6. Technology is the way, coupled with education and topped with strategy

Yes, new stuff can be vewy, vewy scawey (sorry, that's my best Elmer Fudd). The industry tries something new, early adopters scowl, doubting Thomas-es shake their heads and executives shrug shoulders, everyone quits. The providers get frustrated because nobody gave it a chance and consumers don't get what they want. Other major industries seem to be able to roll just a little easier. No excuses work here, just get over it and do what needs to get done.

We can run and hide, point fingers and continue to run business the way we have. Or we can pick up ourselves by the bootstraps, collaborate (boy would the earth move if that one happened), check egos at the door, innovate and get damn proud about the largest industry in the US that provides 20 out of every 100 tax dollars nationally.

OEMs: Expect more from your marketing dollars: effectiveness, return, creativity and impact. Talk to and truly consider every company that walks in your door. Try it. It might be better than what you think you have now. If you're not sure, ask a bunch of consumers and (yes) listen.
Dealers: Bank tanked? Call your local credit union! Salespeople can't cut it? Don't let your desk manager go, let him/her sell again (chances are they have the chops). Marketing: online, email, mobile (yes, mobile), CRM, one-to-one, social media and more.

This may not have the answers you are looking for. Hopefully, however, it has made you think again about at least one aspect of your current condition and started your shift from 'effect' mentality to the 'cause' side.

If we don't do it, there won't be a 'we'

Best Practices: Professional Insight, Power Results

March 25, 2009 by Gary May 0
Webinar: Stimulating Profits: Used Cars Drive Sales Success in 2009

Dealer_Advantage_Image

Industry Roundtable Discussion With:

  • Mitch Golub, president, Cars.com
  • Art Spinella, president, CNW Marketing
  • Paul Taylor, chief economist, NADA

With
sales of used cars expected to return to 40 million-plus units in 2009,
used-car sales stand out as a bright spot in automotive retail. For
consumers concerned about their purse strings and possible job losses,
buying a pre-owned car allows them to get the vehicle they need and
maintain their peace of mind. This webinar examines the current outlook
for the year ahead and outlines the practical steps dealers must take
to survive and even thrive in this changing economy.

In this session, you’ll learn how to:

  • Fine-tune your advertising strategy and media mix to reach in-market shoppers.
  • Capitalize on economic uncertainty and pent-up demand to drive more used-car sales.
  • Stock your store with in-demand cars that turn quickly and hold gross.
  • Leverage third-party vehicle history reports and factory certification programs to build buyer confidence in your listings.

Thursday, April 9, Noon ET/9:00AM PT

Enroll_Now

March 20, 2009 by Gary May 2
Cracking The Code: Marketing Presence

What is it about marketing that has dealers so perplexed? It's not the act of marketing your brand, inventory, service panache, amazing staff, luxury facility, location, exclusive offerings and more that matters as much as how you do it and the completeness of your marketing.

It used to be enough to 'silo' advertise: one ad in the newspaper, one direct mail, one newsletter, one TV spot (over and over again…) and the like. The issue was that if the target didn't see/threw out/ignored/didn't fully read, etc your ad, you were done for. Remember: people want to consume content when they want, how they want, where they want, the amount they want and react to it the way they want.

So why are you content with a website and some email blast activities? That's not marketing as much as it is a band-aid. Think of it this way: how complete is your coverage? Would you buy insurance for two tires, a headlight, the drive shaft and tailpipe and not the rest of the car? Why are you partially marketing then?

Not only does your content need to be timely, contextual and relevant, it needs to be able to be seen by anyone, any time and anywhere.  Do you have a mobile site with inventory? Do you text message? Is your website dynamic? Are your eNewsletters actually engaging and do they drive results (traffic and sales)? How is your Facebook and Twitter volume in addition to your other social media efforts?

You wouldn't want to leave the house with one sock missing, half your collar sticking up, two different shoes and a jacket with a hole in the back (although I've seen some salespeople looking like this…) so don't leave your marketing undone or incomplete.

And another thing: you don't have to do everything you hear about. Do what you do well, learn news ways to market and effectively communicate, work with your vendors on new technology and push the envelope consistently. Every dealer tells me the same thing: "I just want to sell cars and not worry about the other stuff!". You have to worry about it and do something as well, but if you market the same way you did six months ago, how are your results going to be any different?

Build a presence that you're proud of and work it…or someone else will work you!

Best Practices: Professional Insight, Power Results

March 18, 2009 by Gary May 0
Webinar: Social Marketing – This ROI is Too Good to Be True

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Join Next Century Media (NCM) Global, Powered and HubSpot on Wednesday, March 25th, for our upcoming Webinar, "Social Marketing: This ROI is Too Good to Be True!", which will broadcast live at 2:00 PM CST.  Register to attend today!

Our discussion topics include:

  • Results of NCM's newly-released research study – 2008 Social Marketing ROI Report and Benchmark Guide.
  • Trends, tools, KPIs, benchmarks and tips to effectively tying social program results to ROI.
  • Impact of social efforts on SEO and lead generation and how it improves ROI.
  • Latest trends in social marketing and online community measurement.

All attendees will receive a complimentary copy of the 2008 Social Marketing ROI Report and Benchmark Guide.  Register to attend today and don't forget to submit your questions to our panelists.

March 12, 2009 by Gary May 0