dealers

Don’t Let Your “House Of Cards” Get Knocked Down By Your Competition

by Tim James

“We work too hard to come within arm’s reach of the prize only to have our hands cut off just before we seize it. For those of us climbing to the top of the food chain, there is but one rule – hunt or be hunted.” – Frank Underwood, as played by Kevin Spacey in the Netflix television series, House of Cards.

This quote epitomizes the struggle that car dealers face daily – whether they are trying to close a deal, struggling with a vendor or battling their competitors. However, that quote also contains valuable advice. To succeed in this industry – whether you’re a dealer or a vendor – you face daily challenges throughout every aspect of your business. These range from acquiring new business, to providing exceptional customer service, to the day- to-day management of your employees. You must not stall your efforts before you reach your prize, as there is always someone breathing down your neck just waiting to snatch it before you can.

There are a lot of pieces that comprise the puzzle that, when completed, leads to success. Company culture, efficient processes, training, and customer loyalty, are some of the foundations that no business can survive without. Dealers rely on their managers, managers rely on their employees. One weak link can wreak havoc within an organization and result in a lost sale, a lost (valuable) employee, or worse – a lost customer.

If you’ve ever built a house of cards in real life, you know that they take patience, a steady hand, a strategy and that every card is dependent on the other. Just like building a house of cards, all of these things are necessary to succeed. And each level in the house needs to be sturdy and well thought out. For, if they’re not, the house will fail to reach the height it is capable of and will probably come crashing down for you to rebuild.

The first level will always be your staff – from the dealer to the porter. They are the foundation. Each subsequent level comprises of an additional component from administration, service, marketing, technology, and sales. And each of these components brings something to your table to assist you in climbing to the top of the food chain in our industry. It is important to have a strategy, have patience and put any plans in place with a steady hand. Failure in any of these areas could very well prevent your organization from achieving its full potential.

Pay attention to trends. Don’t be afraid to take risks. Watch what your competition is doing, but don’t chase after shiny new objects just because your competition is doing it. Your success isn’t dependent on you doing the same things that your competition is doing, it’s dependent on you going above and beyond your competition, creating an entirely higher standard of expectation for your prospects and your customers. This is the effort required to become the best, and equally required to stay the best, and keep your house of cards from falling down.

Using Emotions To Excite Customers: Honda’s Brilliant Holiday Marketing

by Tim James

To promote their brand this holiday season, Honda is pulling out all of the stops by incorporating just about every feeling and sentiment it can into a series of commercials featuring toys. Consider their “Happy Honda Days” commercials that published around Thanksgiving. Every one of them featured a toy covering many demographics – including He-Man & Skeletor, Stretch Armstrong, Strawberry Shortcake, G.I. Joe, Jem and even Little People. These commercials were designed to evoke a feeling of excitement and nostalgia that, they hoped, would then be associated with Honda vehicle — and Honda isn’t afraid to tell consumers that is exactly what they’re up to.

Take a look at this commercial featuring He-Man’s arch enemy, Skeletor, which begins:

“Salutations. It’s me Skeletor. Remember the exultation you felt when you got me for the holidays? Well, feel that again with a new Honda CR-V…”

Or this commercial featuring another popular toy from the past, Stretch Armstrong:

“Hey, I’m Stretch Armstrong. Remember how pumped you were when you got me for the holidays? You tried to pull my arms off. Didn’t happen. Well, feel that excited again with a new Honda Accord…”

That’s about as in your face as you can get, folks.

Honda’s December holiday campaign features a series of videos titled “Toy Tunes,” which up the ante by adding in popular (and created) holiday songs sung by some of those same nostalgic characters from our past. This is all tied in with a contest that awards several charities $50,000 for the most watched video – the Urban Little League Initiative, the Children’s Hospital of Orange County and the Pediatric Brain Tumor Foundation.

Honda’s marketing team has produced clever film and video content for quite some time now, including the Honda “Hands” and “Illusions” commercials that won big in the 2013 Automobile Advertising of the Year Awards, presented at the Detroit Auto Show last January. They know what they’re doing.

Building an emotional connection with your customer – whether that’s excitement, nostalgia, charity or simply a “feel good” type video – creates a connection in the customer’s mind – even if they aren’t aware of it.

So take notes from Honda’s marketing playbook when considering your marketing strategy. Emotions sell — and that’s exactly what you want to do.

In Marketing, New Trumps Used Every Time

by Brian Cox

Bob visits a website searching for a new vehicle. As he filters down to the model he is considering, he is confronted with a seemingly endless list of stock photos with similar prices. Frustrated at the lack of information, he leaves and attempts his search on another site just to get the same results.

Suzy is in the market for a used vehicle. After comparing vehicles by prices and mileage, she finds one that fits her needs and her budget. The vehicle doesn’t have a very good description, however, and she has questions about the vehicle’s condition. She fills out the form and asks for more pictures of the vehicle. All she gets in return are repeated invites to schedule an appointment while being bombarded with phone calls from salespeople.

Joe is shopping for a new vehicle also. Joe is a very meticulous person. His house is always in order. His DVDs are alphabetized. He refuses to buy anything used. He knows that he wants the new Mustang. He also knows that he wants it to have as few miles as possible and, if feasible, to never have even been test-driven. He visits his local dealer’s website and all he sees are stock photos. He resigns himself to the fact that he is going to have to physically go to the dealership and inspect vehicles, which he does not have time for.

In all of these situations, the online shopper could have converted to a lead or sale. The friction point that stopped the customer from converting was very simple – lack of information. Humans are all different in their peculiarities, but do have one thing in common; they want to get the best value for their dollar. Had any of these dealerships taken the time to enhance their VDPs with dozens of photos and videos, these shoppers may have taken the next step towards the sale. Instead, they are left with frustration and no information.

Imagine if, while searching, Bob had encountered a listing that had actual images or video of a real vehicle in stock at a dealership. Or if Suzy had seen a video walkaround of the used vehicle that caught her eye. Maybe actual images and video of a specific new Mustang would have allayed Joe’s concerns of its condition and he would have reached out to the dealer to start the buying process.

Sadly, many dealers fall short of what is optimum – they have their DMS push out their inventory the instant it’s stocked and then distribute it to all of the touchpoints a consumer may visit. When a consumer finds that vehicle they are poorly served and presented with a VDP that has no description, images or video, and sometimes not even a price.

Most dealers recognize the impact that great image and video marketing can bring to their used vehicle inventory marketing. They know that the faster they get those images and video onto their VDPs, the faster they will see interest by consumers, and the faster vehicles will sell. The one thing that most of the automotive industry neglects, however, also happens to be the thing they have the most of: new cars. Perhaps dealers feel that there is no point taking pictures and video of each individual new vehicle as they are all the same at every dealer. The fact is that marketing your new vehicles may prove to be more important than marketing your used vehicles.

Including images and video of actual vehicles will make you stand out from your competitors in search results on the many consumer touchpoints.

Most dealers have 4-5 new cars for every single used car in inventory. Chances are that your competitor isn’t taking pictures or video of their new cars either. We all know the value SEO has in gaining new customers. By marketing your new vehicles with descriptions, images and video, you stand out from your competitors and increase your content within search engines by 4-5 times! This could easily help you dominate search engine results and every other touchpoint a consumer visits.

If you are not shooting photos and video of your new car inventory, you essentially have no marketing for the largest segment of your inventory. Start taking pictures and video of your new vehicles and you’ll achieve maximum exposure, which will lead to more leads and, ultimately, more sales.