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Getting and Keeping Customers Through Digital Marketing Strategies

You'll get a clear playbook, based on hard data, clearly defined tactics and illustrative case studies, for how to make the most of the digital tools that are driving business results.

Geoff

Speaker: Geoff Ramsey, eMarketer CEO (see below for more info on Geoff)
What: Getting and Keeping Customers Through Digital Marketing Strategies
When: Thursday, February 4, 2010, 1 PM ET/10 AM PT

Geoff Will Brief You On:

  • Effective digital strategies used in retention such as e-mail, mobile, social forums, apps, widgets, and webinars
  • The wide range of digital tools that are used in acquisition such as search, online video, social networks, and other viral sharing and peer-to-peer tactics

Click Here to Register

In today's tough economy, marketers need to simultaneously hold on to existing customers and constantly bring in new ones in order to be competitive and survive. New digital technologies and tools can support both these objectives—usually more cost-effectively than traditional media and marketing efforts.

Moving The Needle: From A Get Together To A Ground Swell

It is going to take lots more than talk, snake oil and rain dances to turn our hobby back into an industry with integrity, consistency and accountability (if we even had those in the first place).  It is more than about time to make change rather than simply talk about it.

Somewhere between the low-ball numbers form some industry experts and the pipe-dream estimates provided by others, there is a more accurate one and that's where we'll ultimately end the year.  Fact is the number is still going be a boatload below what it was just a couple years ago.  Now we can do our best to get to some better 'state of the industry' but the last time I checked, it still happens through selling and servicing cars the right way: one at a time.

Let's face it: consumers control content, the banks are controlling most of the consumers' spending (or at least for now), and there's no love lost for the venerable car dealer.

A couple weeks ago there was a Automotive LA Dinner, put together by Philip Inghelbrecht of TrueCar, and it was a great example of trying to get together to move the needle.  Eleven industry colleagues, most meeting for the first time, came from as far as 150 miles apart to meet in the Long Beach area and share insight, expertise, information, backgrounds and opportunities.  Our next meeting is supposed to be around the New Year, I hope sooner.

Next month's DrivingSales Executive Summit is going to be different.  charlie Vogelheim and Jared Hamilton wanted to put the dealers' future and opportunities in the spotlight, rather than the typical highest-paying sponsor or best-known industry speaker or colleague spearheading an event.  I hope this becomes a series of events with unprecedented support for the attendees, instead of greasing the skids for someone else.

The list of companies hosting webinars to get information out there for free is compelling: Cars.com, Powered.com, Automotive News, Ward's, Dealer.com and more are spending time, money and attention on where the water level really is: retail.

When the needle really starts moving in the right direction is when most of the events and support are the rule, not the exception.  It's a matter of finding the folks who weren't particularly impressed with an event, sitting down with them and finding out how to improve things.  Video after video, post after testimonial about how great an event or speaker or consultant was when half of the people in attendance leave a room is not going to benefit anyone.

Our responsibility is to improve, educate, compel, engage, support, enlist and activate.  Simply going through the motions and putting a new cover on old tricks (like reusing a one- or two-year old article and calling it fresh) , saying the you can deliver on something and then not or simply doing nothing at all – i.e. 'waiting' like so many dealers like to play it – is a move in the way wrong direction.  Don't get the wrong assumption: getting back to basics is great. Great for teaching someone how to close that doesn't.

You can't get a newspaper person to get the web, so don't try to.  You can't get a person who's never used a cell phone to text a message, so don't try to. But if we act like a village (no laughter, please) and raise the collective water level, we can do amazing things.  The needle can move much quicker in the direction we want and need if we eliminate the roadblocks, maintain above the status quo and help one more person each day achieve something more.

And maybe, just maybe, we might get someone who's never turned on a computer to end up taking 70 leads a month and closing at the third or fourth highest rate in a dealership.  We might see more dealerships starting to implement true customer satisfaction tools, employ true SEO practices, get advanced training on their CRMs, get a higher ROI from truly targeted service marketing and even utilize mobile web (I don't care if it's 0.005% of online users now, it won't be next week, next month or next year so quit using ridiculous excuses!!!).

Remember: it's our job to help move the needle, not someone else's.  Let's get the needle movers together.  Unite!…and stay thirsty my friends…

Best Practices: Professional Insight, Powerful Results

A Season Of Events: Will It Be Boom Or Bust?

We're on the cusp again: in the next 90 days we're looking at events including DrivingSales Executive Summit, JD Power Internet Roundtable, Dealer summit, Synergy Sessions, Digital Dealer, Auto Training Events and more.  The more dealers that we hear from, the more we hear the same thing: "show me the beef!!".  What's the message?  Drive value for the industry, especially the dealers, or don't bother inviting me to the same old thing!

Today, more than ever, it's a "what have you done for me lately" world in retail.  Dealers need information, partners, cooperation, support and solid direction.  By the same token, dealers need to get off their duffs and start really using all of their tools.  Not buy more and do the same thing.  Dealerships that move forward will do so because they understand their market, their brand and their opportunities.  Not because a piece of software or the factory will just feed them customers all day long.

Our industry is filled with some great providers, vendors, consultants and leaders.  It's hard to know that when, for the most part, the same ones are featured redundantly wherever you look.  It is everyone's responsibility to ensure that, once you drop your two grand to spend a few days away from the dealership, a true learning and sharing experience is had.  Each session should be compelling for everyone attending and it should lead to change.

Here's a concept: event follow up.  If there's a session on social media and 250 people are in the room, everyone should have a follow up about 10 days later with a brief questionnaire, offer of assistance and a general "to keep on track" message.  Headed up a panel on mobile marketing?  Where's the text message thanking people in attendance a week after the event with a unique offer with a reminder of best practices?

And here's the hook: the speakers and promoter will do it for no additional fee.  Sorry overpaid (oops, nicely paid) folks, it's time to give back.  Without the dealers in business, it's hard to collect the "non-negotiable" $150-200 per hour.  Ready for another noble concept: the more customers we keep in business, the more customers we'll have.

SImply having a 'next event in the series' because you said you would is no justification for actually having one.  No doubt we all love to network, gallivant about with industry friends and colleagues over pricey dinners and drinks, hit some balls around on a course you don't get to do so normally and plenty of other arguments for the break from reality.

What changes dealership operations over a 60- to 90-day period is really what at stake.  Pushing the needle forward is an absolute necessity right now.  Speakers, vendors and organizers setting the bar, delivering on expectations and then making sure dealers can execute is the only realistic invitation to an industry starved for sales and results.

So will we be looking at one of these nicely-promoted events truly being a conduit for change or only a way from some folks to take home a profit (again) and some 'at a boy's?  The way that we've done things is not the road forward.  That's not the sole responsibility of the event promoters, but it would sure be nice if someone changed the channel…heck, how about changed a lot of minds…

A season of events: let's make sure that people take back more than photos…

Best practices: Professional Insight, Powerful Results

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