Dealers often spend 80% of marketing spend to market only 20% of the cars in inventory! The bulk of the traffic is all too often on cars that will move anyway! Find out ways you can build campaigns to market vehicles that aren't being seen online! And find out how you can mitigate markdowns and actually increase prices to move cars!
Here are some key highlights with Kelly Good Stoop, Regional Director at LotLinx. [email protected]
12:00 - What TURNx can do for dealers. It’s free! Look at specific vehicle demand, asses trends and make better business decisions.
14:45 - Control inventory marketing. Campaign examples to move vehicles at highest profit potential! Use live market data to see where demand is and market accordingly. You don’t have to drop prices! Often times, you should raise your prices!😯 Find good quality traffic for your cars in inventory! So many times, the vehicle is not being seen effectively because of the marketing.
20:00 - Where do you find the in market buyers🤑? What changes for dealers when they use this technology? 3rd party directory data can see on a car-by-car basis the traffic each one is getting.
23:00 - What does channel driven marketing mean? How does it impact marketing inventory online? And social marketing too? Machine learning only budgets to promote cars that it knows it can help move.
25:45 - Dealers can upload their vehicle🚗inventory🚙 into this system to obtain valuable information to see impact of marketing $ spent. Not all of your cars are being seen.
31:00 - Discussion on using this tech to hold 3rd party vendors accountable. 💰Avoid overlapping marketing tools. Being unrestricted by channel will allow you to pinpoint the right vehicle to the right buyers at the right time! Strategic ways to market your inventory. Ensure all the tools you pay for are helping you get a ROI.
34:45 - BDC bangs their head against the wall because they are working poor quality traffic. You can avoid this and get them in market buyers from your own site that proves highest closing ratio.
36:00 - VIN Strategy Report - figures out the path that will yield best results. Days on lot ✅ Look at 60+ days ✅ See $$ discounted! And how many cars were discounted! And how many of these vehicles were in demand. 😳 See which vehicles you can mark back up! 💪
39:50 - Dealers are in control of their marketing, spend, and ROI! All of their dealer partners see progress! They identify shortcomings and develop a campaign to chip away at gaining market share. Biggest success stories!
[email protected] | edealersolutions.com | 800-625-1590
Sponsored by LotLinx.com