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You can’t manage what you can’t measure

AI Summary

# Summary A dealer emphasizes that CRM software is essential for measuring dealership performance metrics like closing rates and follow-up activity, arguing that high close rates without complete CRM data actually indicate poor system adoption rather than success. The discussion highlights that accurate measurement through CRM tracking enables managers to identify improvement opportunities and hold staff accountable, with the key insight that what gets measured and monitored drives better business results and compensation decisions.

mattwatson81

Getting Refreshed
Apr 10, 2009
334
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First Name
Matt
If you want to get better at something, you first have to know how well you’re doing, right? How do you know how well you are doing? You have to be able to quantify it. Once you can quanity how you are doing, you can more effectively manage it.


CRM software is a great tool to monitor and measure the activity going on within your dealership. If you pull a showroom activity report and it says you are closing 90% of your ups, that doesn’t mean you are doing a great job. It means your salespeople aren’t using the system. Are they following up with the people that didn’t buy that day? Could you sell more cars if they were?


If you want to improve how your store is performing, you have to get everyone using the CRM and use it’s reporting to measure and track your success. Track your response times, closing ratios, appointment statistics and much more.

How can you manage what you can’t measure? The problem is you don’t know what you don’t know.

What stats do you measure at your dealership?
 

✨ AI Highlights

# Summary A dealer emphasizes that CRM software is essential for measuring dealership performance metrics like closing rates and follow-up activity, arguing that high close rates without complete CRM data actually indicate poor system adoption rather than success. The discussion highlights that accurate measurement through CRM tracking enables managers to identify improvement opportunities and hold staff accountable, with the key insight that what gets measured and monitored drives better business results and compensation decisions.

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