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Online Dealer Reviews - Are They Ready For Prime Time?

How about CUSTOMER-RATER.com... this way we all can burn a customer or praise them!?

A Salesperson driven website where you can candidly write up a review on the customers... for salespeople only... this way we know where they've been, how they act up, what stupid money they want for that piece of crap they want to get rid of...what hot buttons need to be pushed...

As far as dealer ratings... we are #1 in the country for Sales satisfaction and Service (really)... so that's all I need to show my people, and what people write about me.... it's taken with a grain of salt.

Online Dealer Reviews - Are They Ready For Prime Time?

Hi Oscar,

Sure...I am happy to explain.

Originally we chose to build our repuation on DealerRater because it was founded in 2002 as the first car dealer review website worldwide. In and of itself, being first to market is a tremendous competitive advantage; which may explain why DealerRater continues to generate a ton more traffic than any of its nearest competitors.

Nowadays, Acton Toyota is fully commited to DealerRater because:

1) DealerRater.com is the name brand in dealership history reports, and

2) DealerRater.com has been instrumental in significantly increasing Acton Toyota's business.

How's that old saying go? If it isn't broken...

Online Dealer Reviews - Are They Ready For Prime Time?

Our new dealership has been open for almost two months now, and we have been a Dealerrater certified dealer over the last month and a half.

We feel it has given us additional credibility with respect to our online reputation, as well as a great link to send out to all of our existing prospects that have not purchased from us yet.

We just received our first lead from Dealerrater where the customer stated he had heard good things about us from a previous customer. We feel over time, that the amount of these leads will increase.

Andrew DiFeo
Hyundai of St. Augustine

Online Dealer Reviews - Are They Ready For Prime Time?

I had a great time utilizing dealerrater until they stopped having a great time with my dealership. I found our dealership had "one" bad review floating out there. http://www.my3cents.com/showReview.cgi?id=30554, that was blasted to a couple of sites, but it was resolved. This happy customer now has a resolution to the situation, which is great, but i wanted to update dealerrater, and i started sending dealerrater links to my new solds to boast our experience ratings. After getting a mere four great experiences, which got us up to a 3.4 stars, I had a dealerrater rep call, they left a message, and now they never respond. Now my great experiences are also gone, weird, i thought, any thoughts anyone?

Online Dealer Reviews - Are They Ready For Prime Time?

Hi Oscar,

Good question.

Most dealerships fail to take the initiative to request DealerRater reviews from their happy customers. Dealerships that do request DealerRater reviews from happy customers can quickly turn DealerRater into a competitive advantage.

At Acton Toyota I developed a process by which we requested DealerRater reviews from all our customers. Before long we had hundreds of reviews touting the benefits of doing business with our dealership.

Once we had built up a number of reviews and a very positive score, I inserted hyperlinks into all email correspondence to unsold prospects that directed these unsold prospects to the MA Toyota Dealer Directory page where they could read not only all the great things being said about Acton Toyota, but they could also read those not so great things being said about our competitors.

If you reside in a market where none of your competitors have leveraged DealerRater to increase market share, then I recommend you pounce on the opportunity before it's too late. The real secret is to be the first dealer in your market to accumulate a positive score based on a large number of reviews. Only once you've done that do you include the aforementioned hyperlink in your outgoing email correspondence.

Let’s face it: your competition is going to secret shop you. Don't reveal your hand until you've built up enough of a lead to sustain this competitive advantage. Do this and you’ll be amazed how much your market share will grow.

Online Dealer Reviews - Are They Ready For Prime Time?

Matt,

"To illustrate, Acton Toyota’s Internet department was delivering 35 - 40 new and used vehicles per month on the day I began as their Director of Internet Business Development. Today that very same Internet department is delivering 140 - 160 new and used vehicles per month. Is this not a compelling case for usefulness to-date?"

So during this time you only changed one thing? You started using Dealerrater.com? Not to say it is not possible, but it seems hard to believe that dealerrater can make and impact to quadruple your Internet business. Please tell me if it did and if so how you did it???

Another question I have for you is why you do not have the logo and link to dealerrater on your website? Do you only hand happy customers info on posting a rating, or do you give it to anyone that stops by and test drives a car? Most of your buying customers should be happy but what about the ones not buying?

Not trying to shoot you down or anything, just want to know how you optimize this for your dealership.

Appreciate any input please...

Online Dealer Reviews - Are They Ready For Prime Time?

I tend to agree with CS. I am almost at the point where I go to Amazon to get advice on everything short of groceries. It’s great because you get an unbiased opinion, and you can see how a couple hundred people feel about a certain item. Unfortunately, there are way too many variables involved in purchasing a vehicle (from tough trade negotiations, to service writers telling dirty jokes behind the building). If everything goes well, the salesperson is just doing their job. If something goes awry, it’s time to go to DealerRater.com.

Back in my retail days, I would send a personal email to my customers a day or two after delivery, just to ask how everything went. If everything went well, I’d ask if we could share their response as a testimonial. We created a page on our site that listed the testimonials. If there was an issue with a customer being on the fence, we’d direct them to the testimonial page. It’s handy to have 80 positive testimonials to offset a couple negative postings on RipoffReport (etc).

Online Dealer Reviews - Are They Ready For Prime Time?

Don't forget eBay, one of the best examples of integrating seller reviews with online shopping. It's not that dealer reviews aren't useful, it's that no site has quite done it right. Getting a good volume of reveiws is key to making it valuable, as pointed out, which is why eBay's model has worked. It's not required, but it's an unwritten rule that for every transaction you rate the buyer and the seller. And you rarely run into the mistake of rating the wrong seller or having multiple names for one seller.

Also, since people purchase cars much less frequently than they go out to eat or travel (the core of sites like Yelp or epinions), it's hard to get hundreds of reviews in a short amount of time. I still think the industry needs to prepare itself for reviews to gain a foothold and start thinking about how they will handle what is written about them online. I think dealer reviews are still in their infancy right now, and as you said, there's ample opportunity for a big player like eBay to do it right.

Online Dealer Reviews - Are They Ready For Prime Time?

I'm a HUGE fan of NewEgg - pricing, selection, user reviews. I don't think I've been steered wrong by the reviews on that site - even with the more obscure things I need to buy.

Off topic
Speaking of NewEgg and other online retailers, one of the great resources of yesteryear was resellerratings.com, which seems to have transitioned from providing ratings abour sellers to providing information about products. Maybe they saw the same trend Alex saw, but it's a shame because their homepage really has buried the store ratings feature.

On topic
We have the ability to integrate with DMS systems, however it brings up the problem of trust with the consumer. The consumer has already created a relationship with a particular dealership, either through a sales or service visit. An email coming directly from their sales or service advisor has a much better chance of being acted on, than one coming from a third party that the user has no existing relationship with yet. I think most CRM's can be setup to automatically send out this email a few days after their visit - and the key here is to have the dealer link not to their review page on a rating site, but directly to where the customer can ADD a review. No distractions, just results.

This was a tip we received from one of our Certified dealers, and they just received their 400th review.

Chip-

Online Dealer Reviews - Are They Ready For Prime Time?

Like CS said earlier, people prefer to review the product - especially the product they just bought. People care where they buy from, but I think loyalty is more to a brand than a retailing outlet these days. If Edmunds, DealerRater, or Yahoo had access to our sold DMS records, then they could contact our sold customers to solicit their reviews.

I like looking at the Newegg, Zappos, or Amazon models for reviews. They ask the consumer to rate the product, and then you can read mentions about the retail outlet's customer service amongst the product reviews. I just based a decision on two pairs of arctic boots on Zappos last night through this kind of system - it works. In fact, I wasn't even going to buy from Zappos, but the reviews pushed me over the edge.

Yep, this is definitely the route I'm going.

Online Dealer Reviews - Are They Ready For Prime Time?

@Matt

i don't think you're missing anything if you've found a way to motivate the customer base. there's no better way to reinforce a brand name in a local space.

i would ask if you've been able to port this success to another medium. if you've done it on dealerrater what's stopping you from switching the website for a few months and swamping angieslist.com? i can't view the mass chapter, so maybe you've done so. same thing goes for yelp and other sites, too.

Online Dealer Reviews - Are They Ready For Prime Time?

Knowing that Acton Toyota conducts business ethically, and tired of being stereotyped alongside other not so ethical dealers, Acton Toyota began requesting that sold customers please share their experiences online at DealerRater.com. Before long, hundreds of Acton Toyota consumers were sharing their very positive experiences. The dealership was then able to leverage this 3rd party consumer generated DealerRater.com content to radically increase market share. To illustrate, Acton Toyota’s Internet department was delivering 35 - 40 new and used vehicles per month on the day I began as their Director of Internet Business Development. Today that very same Internet department is delivering 140 - 160 new and used vehicles per month. Is this not a compelling case for usefulness to-date?

By the way, since Acton Toyota began receiving leads from DealerRater.com, the store has closed an astounding 41 percent. As it turns out, after people read what a great dealership Acton Toyota is, they then proceed to submit inquiries right there on the DealerRater.com review page (in many cases having already made up their minds as to where they will be conducting business...at Acton Toyota).

Am I missing something?

Online Dealer Reviews - Are They Ready For Prime Time?

the difference between dealership ratings and amazon, epinions, etc is what is being reviewed. i could find thousands of reviews on an acura but none on the guy who sold me the acura.

there arent a lot of people reviewing dealers because there isn't a lot of interest in reading reviews of dealerships. most people think all dealers lie and cheat, there's no best product just the least of all the evils.

the car shopping experience is about which car. it doesn't matter who has the car, if you want it you are going to find it wherever it may be. a sect of the buying public may be loyal to a specific dealer, but the majority shops for the product and not the seller.

Online Dealer Reviews - Are They Ready For Prime Time?

Maybe it's more of a local thing, but try Yelp.com. Here in San Francisco it started with restaurants, but spred to all kinds of businesses, including car dealers. Our dealership has over 130 reviews combined (they also have a name problem, we have more than two). Customers read these reviews and base their decisions on them. Also there is a "cold war" going on between auto chops, dealers and others - we have found evidence that other dealers are sabbotaging our ratings by posting multiple bogus negative reviews, and it is hard to take them off.

Are Internet Specials like Pulling Teeth?

I have had the same problem. I believe a sucessful Internet department has two sides Sales-- Marketing. Most dealers think approximately 30 days out with marketing. I believe the parameters should be at least six months. Review of year over year sales show push months,and can be modified with manufacturers specials as thry occur. If you drive them in and have good internal process the rest takes care of itself. JMHO

Are Internet Specials like Pulling Teeth?

You find the same problem in tracking down information for mass media advertising, only there generally are substantial dollars at stake. When you think in terms of these guys who are too lazy to get the offers in time for a schedule that can sometimes exceed $100k in media you have to develop a system that doesnt slow down your work flow to compensate for theirs. A "Weekly Advertising Traffic Report" is a simple one sheet document that list the previous offer, disclaimer, stock number etc. that gets emailed to the sales manager and the GM gets cc'd on. We created this because rather than all these guys having to be called or emailed multiple times, the offers are taken from an in person meeting (where the GM is present)and dont get changed unless the there are updates or sold vehicles that have to be corrrected. You only take the GM's time once a month, but the salesmanagers are all informed as to what products and offers are being run. You use the words "Advertising" & "Traffic" in the title of the report because anyone who works a desk or sales floor is very aware of the power these words have. If you have no response or any updates to your status report - it is easy to forward to the GM and ask what you can do to help create more traffic, because from the fact that nobody updated the offers, they obviously arent selling any cars.

Are Internet Specials like Pulling Teeth?

Alex-

This is a classic example of using punishment/reward which should work well. The first thing that must happen is for the Principal and each GM must be on board in supporting you. Next, I would sit down with each manager and set a time where you can receive the specials in person if possible, or by email so you can go over them together. Get this time placed on the calendar.

After that, thank the early adopters publicly, and reiterate your need for the help of those not already doing it.

Last resort might be to use a little more aggressive discount than they would want, so when a customer comes in and they feel the pain on a loss-leader they may put you a little higher up on their to-do list.

Are Internet Specials like Pulling Teeth?

Hi Alex,

I'm right across town from you and I have similar issues. Except my 18 locations are spread out all over the country. It is difficult. To me there are 2 solutions:

1) Escalate the issue up your latter so the proper managment can be educated by their superiors (basically they don't believe in it or they wouldn't screw around getting you the info. XXXX rolls down hill, let the owners/upper management drive it home)

2) Come up with your own specials. I am in the mix of things just like the sales managers. Often times I'll post my own things. If they call to complain I educate them on the fact that I'm going to put something there, if they would like it different, get with the program. (I'm sure this doesn't necessarily make it better but sales managers do have to buy into your process. Otherwise, it is like a football team with 3 guys who are always sitting on the ground. You're going to lose until you make them change or the coach fires them). I find that when I post a few things and then that leads to a conversation with them, I make it known that I'm on their side and trying to get them the business. Help me help you! A couple of months like that and usually they are calling me after that.

my 2 cents!

Are Internet Specials like Pulling Teeth?

I never have problems getting the new car specials up for our site unless the month end on a weekend and we have to wait for the manufacturer to come out with their specials. Service specials are a different story. I always have to wait a week or two and most of the time I just keep last months specials active.

For the pre-owned specials, we actually involve the Internet Managers to update those so they are more exited about the specials and know what is on the website. We started this about 6 months ago and it really seems to work for the pre-owned specials.

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