Tag Archives

Posts with nada tag.
I Before We, With No Exception To D(ealers)

It's the end of the year and the heart of the holiday season, right in between being thankful for everything we have and swearing off more than half of it (mostly weight) for the coming year. It's the time of the year when a few minutes on the automotive networks and news sites gets the mind going. It's also right after last week's (first ever) rant….

So in spelling, it's i before e except after c. Makes sense. Well, it makes no more sense than if it had never been that way and we simply didn't make the rule. No different than putting I before we, especially for the D's. The I's are the loud talkers, advertisers and general blow hards. We…in case people forgot, are the industry. And alas, the D's. The D's are the dealers. Those are the ones that move the industry.

In the event that those that believe the real deals are: the ones doing all of the talking, the media, the OEMs and the old boys club…you're dead wrong. Not that more than an acceptable level of that goes on, it clearly does. But the writing on the wall is getting more clear by the day: the dealers, customers and (ahem) the banks/captives move our beloved industry. Just because an outside person can come in and put a deal together doesn't mean that anything….anything improved the dealership.

More and more dealers are waking up to the simple fact that they've been taken for a long drive on a short road for quite a while. And since the days of milk and honey have been over for a bit, it's more painful than most would care to admit.

So check out the majority of content on our favorite places to read. More #1 this and that's. More white papers. More new, unbelievable this and that's. More covers and articles blaring horns and sirens. OK, the numbers are up in 2010, thank goodness. Even if we're at 12M new units, that's not 17M. Not playing the downer here, lots of stuff is good, but realize that yelling about being the best at something does nothing for business at retail.

Heck, there should be more practicing of the preaching. Any company claiming they're the best, don't just back it up with 1-5% of the client base with quotes. Get the bottom percentage to do the same thing. Ask them to write testimonials without any favors, kickback or kudos of any type. And if you have three times the customers of your next competitor, you should have at least three times the reviews.

We need to move the industry at retail. We can't change the banks, so let's put our efforts where they matter most. Yelling about moving a dealer's Internet sales from 25 to 50 per month, when you didn't? Screaming that you can do the best job in the industry at whatever and your clients aren't the best in the industry? Promoting as best-in-class when the company's experts can't get on the phone for days to review the company's performance in what should be their core competency? Shame on us. How many things have become more important than the customer and how many things are in the way of simply delivering?

Let's make dealers better tomorrow. If a dealer is paying for a service, every 30 days should be better in some measurable form. It's not always units or profit. Sometimes, it's efficiency (which drives profit anyway) or education or communication or retention. Something that makes more sense than simply spending more. Let's put the dealers first. Before the next award bought. Before the next accolade spun.

I before we, with no exception to D is the wrong approach. Pass on the awards, the half-baked "third party" certifications, the advertisements (please!), the 'unbiased' networks, the bling and the paid glorification. Let's get more DEALERS on the cover of Newsweek, not CONSULTANTS on the cover of….

Whooops, that one almost got out….

Best Practices: Professional Insight, Powerful Resultsego,

2011 Will Be A Great Year…Even If You Don’t Participate

It's no secret that over the past three years, some pretty forward-thinking information was provided to the automotive industry franchise dealer body. All 24,000 plus of them (not ignoring the independents here, just making a point). Over the coming weeks, all 20,000 of the franchise dealers will get more critically important data. Just like before, it's up to them to participate.

2011 will be a great year. Fewer than last year will make up the bulk of increases in sales, count on it. The most web-versed, socially-minded, communication-skilled and forward-thinking will win. Many of those dealers will win impressively. So the same question bears repeating: why not more? Has the carnage not been great enough? Is there too much money in the coffers still? Or is it that management is still happy sitting on their "duffs" of the bay?

2011 will be a great year. There will be more talent available for dealers to select their next sales, service and parts teams and management from. Efficiency will increase, while hopefully not at the sake of bottom lines. In other words there should be more people working at dealerships unless dealerships ignore the potential increase to their business.

2011 will be a great year. The product lines continue to get better and consumer demand for a wider array of cars (not the same car re-badged) is greater than ever. Floor traffic at the dealers that deserve it will most definitely increase. Savvier dealer marketing and engagement will increase penetration in service departments, expect it. And many dealers will experience true conquest for the very first time because they did it, not the badge.

2011 will be a great year. Technoloy will continue to becon to a larger and larger customer base so those more comfortable with technology will take advantage of that. Chaging interests in Green and alternatives will compel a few more dealers to become as engaged with those movements as their customers. Building dealership brands will become a more heated conversation than building new dealership facilities (no, that won't go away).

So how great of a year will 2011 be for you and your store? Everyone, yes everyone, is betting their bottom dollar — and bottoms — that the numbers will be up. We even believe that will be the case. Remember: it's not what you make, it's what you keep. So if you didn't like what 2010 brought, you may not really be satisfied once 2011 closes it's doors.

2011 will be a great year. Oh by the way, for the ones that will be successful, 2011 has already begun. For those that want to join us, what's stopping you???…

Best Practices: Professional Insight, Powerful Results

IMACS To Speak At Upcoming Digital Marketing Strategies Conference In Napa

IM@CS is pleased to announce that President Gary May has been invited to speak at the upcoming PCG 2011 Digital Marketing Strategies Conference in Napa, CA just prior to the National Automobile Dealers Association (NADA) conference in San Francisco. As things continnue to shift online for the automotive industry, the time dealers have to reassess their activity, brand and resutls online is extremely limited.

Like the PCG event prior to NADA 2010 in Orlando, progressive dealers are expected to get answers to their questions, sound strategies to move forward, relevant data to build from and more. Attendees will take part in three different workshops per day, bookended by breakfast and "Wine Tasting Optimization (WTO)" receptions prior to local Napa dinner engagements that are expected to be the talk of NADA.

Gay May will be joined by Christine Rochelle, Alex Snyder, Matt Murray and Glenn Pasch with keynotes by Brian Pasch, Jared Hamilton and other special guest speakers. Speaker bios and session times can be found at http://www.digitalmarketingstrategies.org/digital-marketing-strategies/agenda/ as well as registration and lodging information.

As the market continues to favor businesses that are focusing online, engaging consumers, responding to input and reviews and retaining their customers properly via the web and other tools, the sessions on February 2-3 will provide the latest in some of the ways to address today’s automotive retail environment.

Heading to San Francisco for NADA and willing to add on a few days that can more your business? Join us!

Branding, Communication and Process For Dummies (AKA All Of Us) In Time For NADA

If education, reinforcement, results and transparency are the benchmarks of success why are we all not more successful than we are right now? More often than not, in our beloved industry, what has been around for a long time is considered as accepted or the norm and what is new is rejected with rare exception. At the end of the day we're branders and communicators entirely and inextricably linked to the success or failure of process. Well, we need a wake up call.

Recently there has been a barrage of articles on everything from social media must do's for car dealers to self-indulgent bantering among dealership consultants, from incessantly republishing authoritative sources to fill pages and drive traffic to kicking dead horses and old ghosts. And who are we kidding? The whole industry has to wake up to new ways of doing business, engaging consumers that control content, delivering more value than flash to dealerships, learning more than preaching and finally…wait for it…stop talking about what you don't understand.

So what's the difference between ignoring technology because management says "you can sell without it", the Barracuda firewall encasing your dealership is controlled by a corporate yes man who thinks that every 10 minutes on Facebook is one unit lost and your so-called vendors swear they're "all over it" and getting passed by like a 911 GT3 in 6th gear? Not much unless you truly desire to be in business and profitable over the next 24 months.

Every piece of real data out there shows the same thing: brand, communication and process control your path. Not advertising. Not high-pressure salesmanship. Not displacing your cranium under the warm sand. Brand is shared. Communication is shared. Process doesn't need to be shared but without it you won't remember where the brand and communication go (even if you've got really good hair, a tan and bling to win over GMs and dealer principals with).

So, when's the last time you went through your website (and saw keyword stuffing and out-of-date optimization)? Checked out your templates (and saw that they didn't have links in your signature block)? Really customized your 'newsletter' (that is the same as everyone else's)? Checked, double-checked and then triple-checked your third-party lead sources (unless you have no issue with them showing 80 leads and 315 phone calls when you're positive that the real number is half that)? Do you truly know what your site analytics show? How are those inbound links working for you? And your press releases? When was the last blog post you did?

Today I overheard a salesperson getting educated at a dealership. Rather than say trained, we'll go with that. He was asked not to say "welcome to (name of dealership), my name is (his name), how can I help you?". It was explained that by putting the showroom guest in the position of being 'helped' that they will feel put off or less empowered and it was better to offer assistance by saying "how can I assist you?".

Let's not kid ourselves any more. Many in automotive retail need HELP and those that ask will get it from the best sources the industry has to offer, as long as they're willing to go with the new. As you check out all that has to be offered in Orlando this weekend, where is your help going to come from?

Best Practices: Professional Insight, Powerful Results

Why Hit The Panic Button When You Can Hit The Simple Button?

Can't you just hear it in the background when you try to explain the shift to digital/social marketing from traditional 'push' marketing to a business like, oh let's say, a car dealer? A chorus fills your head from 1978: "Aaahh Freak out!  Le Freak, C'est Chic, Freak out!". Scary enough, our sales volumes are near 1978 levels and we continue to advertise as if it were.

From forums on DrivingSales to articles on Advertising Age to the offices of medium- to large-sized dealer groups, there is still a debate. That's' mind boggling! Consumers are gobbling up media at alarming rates. Their chosen media, not advertising. Do you still believe it was the advertisers that killed the newspapers? It's much easier to accept than understand that people don't need to read yesterday's news that they already got online or on their cell phone the day before.

So, people do what people do when they just don't understand: freak out, panic, sweat, worry, bury their heads. Come on, take out the Simple button (thanks for the idea Staples!) and start working and communicating WITH everyone. If you don't understand SEO, social media, microsites, true CRM, integration and the whole list of items that aren't a print, radio or TV ad then simply ask our community. Stop being in love with your advertisements and start being in love with your customers!

Changing the way we generate traffic is not easy, but it is incredibly simple. What is usually missing from any effective digital strategy at dealers is (1) process, (2) stick-to-it-iveness, (3) oversight, (4) knowledge, (5) willingness and (6) a burning desire to succeed. Why wait when you can dominate? The wait mentality really gets my goat. You might as well sell you business if you're going to wait.

Last week while speaking at a NADA 20 Group, one dealer had less than 20% of their marketing budget in digital/online. His explanation? "Hasn't worked!". His process? Buying the same way he buys weekend spot or full-page ads. Folks, online is not a "stick-your-toe-in-the-water-and-see-if-it-feels-good" proposition. All of the transparency and accountability is there, no other media measures like online!!

Whether it's wanting to "own" page one of Google by partnering with a strong SEO company (especially if your website company thinks SEO is simply a typo of CEO), to sharing great content on Facebook or Twitter, effectively engaging service customers with a tool like Driverside, or doing effective CRM with a company like DealerSocket or VINSolutions, it's the same: if you don't know, ask.

If you don't have the best brand possible reflected online, over 60 percent open rates for your emails, positive onliine reputation, inventory that can be indexed by the search engines (you don't if it's framed-in on your website) and a community that communicates with you online, it's time to get your business in order before spending thousands and thousands of dollars every month because someone's convinced you that they can sell more cars for you (if they're that strong, hire them and get rid of your deadwood).

Polish up your Simple button and use it because you should be operating a profitable business and not a charity and blind contribution machine. In other words, make your business right before you continue to help make others right (and more profitable that yours)…

Best practices: Professional Insight, Powerful Results

What Will You Focus On Tuesday After Clunkers Shuts Down? Start Inviting Your Customers In Again…

Imagine, if you can, that business becomes painfully slow. Sales, traffic, even service, is down anywhere from a little bit to 'oh-my-gosh-how-can-we-survive?' slow.  Then try really hard to imagine some gift-from-above program from an unannounced source drives a bunch of customers to your store for a few weeks.  Then…the program ends abruptly.  At the same time, consider that you expected the program to end at any time so you are not completely surprised by the news that the masked crusader and his money left town.

What will you do the next business day? How prepared you are, how well you communicate with prospects and customers alike, how creative you are and where you know your business comes from will dictate if Tuesday is satisfactorily busy or if it is just like another day before all the loads of Monopoly money arrived.

Most people we've heard from consider C.A.R.S. a blessing with all of the traffic and sales it generated, as well as a genuine pain in the butt.  Of course!  If you had the program to do for yourself, would you have done it any differently?  You absolutely would have.  So why are you going to be twiddling your thumbs come Tuesday?  What program you run is up to YOU, every day.

Now, that's not to say that you're going to be able to come up with $4,500 of "it'll get here someday" funds on nearly half of the deals you do next week or any other day.  However, it's entirely up to you how to drive people off of their scared little (and big) duffs and into your business.

It's not up to the factory, it's not up to the million-dollar advertisements, it's not up to the region or your 20-group and gosh-forbid it's definitely not up to the government.  Don't you want them out of your business…not in it?  What happens in your business, positive or negative, is up to you, your brand, your staff, your effort and your planning.

So when the here today-gone tomorrow spigot of funds is finally turned off by someone making a lot more than you with nicer benefits than you have and a pension you can't even dream about, get back into the habit of making your business happen.  Less business?  Get a bigger piece of a smaller pie!

Can't figure out how to make it work?  Ask someone for help or at least tell the receptionist that you're not "away from your desk all day" and that you'll start taking meetings again.  Business doesn't happen from thin air, it takes a lot of work and some good consistency.  And sometimes it takes outside ideas folks, as painful as that might sound to some 20-year plus veterans.

Besides, whether you call it natural selection, survival of the fittest or one of a myriad of other expressions that refer to 'business better then usual', it is always best when you're the master of your domain rather than waiting for the next shot in the arm.

Best practices: Professional Insight, Powerful Results

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

What Are You Waiting For? It’s Already Been Here And The Train Left The Station…

Many people that are concerned in all types of businesses talk the same talk today: waiting. Some have been waiting for a new administration, some for a car czar, some for banks to loosen up, some for 'the bottom' and some just for the fun of waiting.

When you're in business, you can't wait especially when it costs you money. In the car business, it's been about waiting for people 'to really go online' or for the 'next up', or even the holy grails of 'cheap gas', 'more hybrids' or 'better advertising'. You can wait as long as it takes you and your business to turn the lights off.

Or you can become the car czar, the new administration in your dealership, the VP of Internet sales or even the authority for your entire area. Why do reporters cover auto stories IN FRONT of the "fill in the brand" dealership WITHOUT interviewing staff? The point is you can't wait, you have to act!

When I was at CarsDirect.com nine years ago, I heard a lot of 'nobody will buy a car online!'. Now my memory is likely not spot on, but I believe sales hit over 12,000 units that year. Anyway, you can keep waiting for people to hit your showroom after visiting your (mostly) average websites or stop waiting, start changing and keep changing.

Waiting does not typically evolve into a leadership position, even if it does work in your benefit every now and then. Now there is inherent risk in not waiting and taking a position on the front lines. But now is the best time to make the move.

It sounds like NADA dealership attendance (via pre-registrations) is down around half, depending who you talk to. That means A LOT of people will save one, two, maybe three thousand dollars over the weekend. It will likely cost them tens if not hundreds of thousands of dollars this year. What are you waiting for? I'll see whoever is going there to share ideas, meet vendors and start making more decisions that will grow business.

Oh, I'll be Twittering from NADA (@imacsweb on Twitter)

Best practices: Professional Insight, Powerful Results

IM@CS Featured on BlogTalkRadio’s Lunch With Phil

This morning I had the pleasure of being interviewed by Philip Zelinger of AdAgencyOnline.net via his 'Lunch With Phil' show on BlogTalkRadio. With the impending NADA show in New Orleans and the issues, as well as opportunities, faced by dealers today, the timing was right to broadcast IM@CS' services to a wider audience. The opportunity to be featured today is greatly appreciated!

Whether it's being part of Auto Industry Insights kicking off this weekend, helping dealer and OEMs clients with their entire online presence and process or advising portals and third party solution providers, it is the time to do more and empower the industry to tackle what it's presently facing. Everything this blog shares is intended to not just tell you 'what to do', but to promote ideas, promote best practices, engage you in a dialog and challenge the market in the shift from 'comfortable and commonplace' to 'proactive and profitable'.

Follow the link  or click the logo to listen in on today's interview. Thank you for being part of what's next! http://tinyurl.com/78vpe3

Picture 6
Picture 2

Best practices: Professional Insight, Powerful Results

Taking The Fear Out Of Online…One _______ At A Time

Even though you've already heard it: If you want to succeed in business today, it has to take place online. For us in the auto industry, that's truly more the case than not. But the fact is it's not harder than it looks or sounds if you have the right assistance.

Maybe it used to be much easier, in some sense, years ago when you'd place an ad insertion, sit down on Saturday, Sunday or whatever day of the week your ad would display, grab your coffee, flip the right page open and smile. "There's my ad" and "oh, so much better than their ad!" (looking at a competitors ad). You could touch it, feel it, see it and gloat over it. Somewhere before the newspapers started failing rapidly, you were paying A LOT for advertising there and in other media that is not capturing an effective audience today…in the least.

Now here comes the Internet, offering the ability to reduce budgets by 30, 50, 60 and even 75% percent and get a more effective (yes, more effective) reach and ROI, let alone transparency and accountability. You can hear the dealers backing away from their monitors right now. How (and why) can you have faith in something with no true ability to be tracked, where circulation and impression rates mean practically nothing, then look at the web and say it's not for you?

We are not talking about the "I don't get it" excuse. Let that flimsy fallacy go the way of the Dodo Bird. This is the simple message: In most markets $2,000-$4,000 monthly of well-placed spend after 60-90 days will replace what $15,000-$25,000 plus used to drive. Absorb that…call your website or SEO/SEM company and start, today. And stay in it for at least 90 days before you make any judgment. This is not a 'run and gun ad' world. This is a 'stick with it' world.

So it doesn't matter if it's one ad, one car, one store, one promo, one incentive, one anything. The only way to take fear out of something is to do it. Stop making excuses: you're astute, successful, experienced and capitalistic, even though somewhere along the line fear replaced confidence and the Internet replaced the 'Sunday Times'. Oh, you might even end up building a brand…imagine that!

And by the way, if your website company can't handle it and/or you don't have an SEO specilist, head to NADA in a couple weeks and to Digital Dealer in April and get one (see you at both events!)

Best practices: Professional Insight, Powerful Results