by Gina Reuscher, Director of Marketing, Flick Fusion
What happens in Vegas will not stay in Vegas! It was great to connect with friends and partners at this year’s NADA conference. I would like to share six takeaways that resonated with me from this year’s exposition:
1) The importance of third-party integrations. Partnerships are the lifeblood of this industry, making new technologies more available and affordable for auto dealers. We couldn’t agree more! At Flick Fusion we value our partners and look forward to developing new relationships in this area; specifically with website providers and CRMs.
2) Big data is not a new topic, but it feels like we’re just learning how to best disseminate, organize and analyze the data we have been collecting to use in an efficient way for both car dealers and customers along the car-buying journey. Flick Fusion is a key component in closing the loop between online and offline ‘big data’ throughout the car buying journey. Our platform collects data from pre-, during and post-sale video views, then develops rule and behavior-based responses, allowing car dealers to leverage their data without having to think about it.
3) Going global. Many vendors made announcements or have plans to make announcements to expand their markets beyond the United States. The automotive economy has been an upswing in the U.S. so it’s a great time to be thinking of expanding reach into new areas.
4) Kitty Van Bortel winning the 2016 Time Dealer of the Year award. Not only is this is a huge win for women in the automotive industry, but it’s an example of true leadership and legacy. On a personal note, Kitty’s story about being a breast cancer survivor really hit home. At the show I received some bad news about a close friend of mine who has been battling the disease. It makes me realize that business and personal causes can go hand in hand, and we all have a responsibility to give back in some way, if we have the ability.
5) Peyton Manning. Who knew this guy was so inspirational? Two quotes stood out in my mind: “When looking back to analyze my game, I ask myself three things: What did I notice that was different, valuable and when mastered, can move me towards my goal.” Another great quote from Peyton was, “Leading from example is not the main tool to influence others, it’s the ONLY tool.” For automotive vendors, this comes down to walking the talk, both in business and personally.
6) In closing, I want to bring up another observation that surprised me. I couldn’t help but notice a huge gap in video advertising at this year’s show. NADA 2016 hosted 25+ OEM meetings, 64+ NEW workshops and over 130 total workshop sessions. Yet, not one of these sessions featured video marketing as a topic.
Bill Fox, last year’s chairman of NADA, made a compelling call to dealers to recognize, confront and adapt to change. Nothing has changed the marketing landscape in recent years like video, so at Flick Fusion we hear Fox’s call as both a challenge and opportunity.
Video marketing allows car dealers to take their #1 asset: their vehicle inventory, and create hundreds of advertisements that can be simulcast across dozens of Internet channels. Video is the #1 searched media in the world, so it’s a perfect complement to dealers’ current advertising programs at a fraction of the cost of traditional media.
Flick Fusion is a pioneer in video marketing with a superior platform, so we’re excited to take up this challenge and make 2016 the year of video marketing for the automotive industry.
We’re looking forward to January 2017 and the 100th anniversary of NADA in New Orleans. But before that, we hope to see you in Las Vegas once again, for the Digital Dealer Conference & Expo in August!
What do you think the most important themes were to come out of NADA?