The Walk Around

S01E26 - How to Boost Fixed Ops Revenue with Google


Listen Later

Tony Carroll, Senior Automotive Strategist at Google, returns to The Walk Around to discuss how Google products like Search and Analytics can help dealers increase Fixed Ops market share. A 20-year veteran of the Automotive industry, Tony started his career in retail. With a decade of experience with an OEM before joining Google five years ago, Tony understands many of the challenges and opportunities dealers consider as they grow their businesses. He joins Nick Funsch, Director, ACE/F&I Specialist & Associate Development, for a candid chat about why dealers should be investing in Google Search and measuring their results closely.

Currently, there are over 280 million vehicles on the road (and all-time high) and the average age of those vehicles is now 11.9 years (another all-time high). As vehicles age, so does the demand for parts and service.

But how are consumers finding what they need to maintain their vehicles? Current metrics report that 43% of vehicle owners who purchased parts and service called directly from Google searches. Another important metric to consider is the amount of parts and service business being both captured and lost by dealers. In a $350 billion industry, only 30% of the business is being captured by dealers. The rest is being won by independents.

What can dealers do to increase market share and boost business in their service drives? Tony recommends the following:

  • Advertise on Google Search
  • Start with radius targeting around your store, keeping your business local
  • Measure spend vs results and other key metrics
  • Calculate ROI and allocate budget accordingly
  • Over time, dealers can also expand their radius, use Google’s machine learning to optimize bidding, and integrate video and YouTube into their advertising strategies.

    Google’s goal is to help dealers drive profitability and service their communities. Tony leaves us with something to consider: If a competitor stood at the counter of your service drive and poached your customers, you would likely be upset. According to Tony, that is what is happening online in today’s marketplace. Therefore, he recommends that dealers take the necessary steps to win and retain Fixed Ops customers via search and other Google tools.

    Like this episode? Check out JM&A Insider for more content like this.

    ...more
    View all episodesView all episodes
    Download on the App Store

    The Walk AroundBy JM&A Group

    • 5
    • 5
    • 5
    • 5
    • 5

    5

    23 ratings


    More shows like The Walk Around

    View all
    Planet Money by NPR

    Planet Money

    30,906 Listeners

    Autoline After Hours by Autoline

    Autoline After Hours

    173 Listeners

    The Joe Rogan Experience by Joe Rogan

    The Joe Rogan Experience

    223,412 Listeners

    a16z Podcast by Andreessen Horowitz

    a16z Podcast

    1,003 Listeners

    The Dealer Playbook by Michael Cirillo

    The Dealer Playbook

    129 Listeners

    Hidden Brain by Hidden Brain, Shankar Vedantam

    Hidden Brain

    43,213 Listeners

    The Ben Shapiro Show by The Daily Wire

    The Ben Shapiro Show

    151,362 Listeners

    Craig Groeschel Leadership Podcast by Life.Church

    Craig Groeschel Leadership Podcast

    10,664 Listeners

    The Daily by The New York Times

    The Daily

    111,568 Listeners

    Up First from NPR by NPR

    Up First from NPR

    56,111 Listeners

    Automotive News Daily Drive by Automotive News

    Automotive News Daily Drive

    103 Listeners

    Morning Wire by The Daily Wire

    Morning Wire

    26,467 Listeners

    Full Throttle, a Presidio Podcast by Jason Stein

    Full Throttle, a Presidio Podcast

    5 Listeners

    Car Dealership Guy Podcast by Car Dealership Guy

    Car Dealership Guy Podcast

    382 Listeners

    HBR On Leadership by Harvard Business Review

    HBR On Leadership

    140 Listeners