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Wondering what to do for Cash for Clunkers?

The only website dealers and consumers need to know about is http://www.cars.gov - the only official website for this program which is not called cash for clunkers by the way. Dealers do not need to match the $3500 or $4500 like some websites have eluded too; and those that have decided to advertise they are matching funds $500 and up are making this far more complicated in this already competitive and cut-throat market. SO I get some dealers will sell their cars for invoice, match the CARS money, pass on the rebate and so on? Give me a break...

Wondering what to do for Cash for Clunkers?

ADP Digital Advertising has created online advertising campaigns and deployed them for several dealers already. We have Search Advertising, Display Advertising using BT, RT and Site Targeting as well as Microsites and vanity URL's that are templated and ready to go... You can see an example of a dealership landing page that we modified from a Cobalt GM website, then attached a vanity URL to at http://www.cashforclunkernow.com for Thorobred Chevrolet in Chandler, AZ. And, you can see an example of our animated Flash based display advertising at https://apps.bzresults.net/bcc/adbuilder/previewSwfsForAdSet?adSetId=2236

We are also supporting Brian Pasch's National Cash For Clunkers Dealer Registry by placing his registry's logo on our dealership websites with appropriate links to the CashForClunkersFacts.com registry, as well as sending the dealer's information to Brian so he can list them as a participating dealership. Inquiries about buying leads from Brian's registry site are referred to the designated point of contact. Since this program expires on 10/31/2009, we believe NOW is the time for dealers to get on board and start positioning themselves as the place for car buyers to go and take advantage of the program's limited time and funding.

Wondering what to do for Cash for Clunkers?

Yes, Senate Republican almost got the Cash for Clunkers bill taken out of the $106 billion wartime spending bill but ONE vote made all the difference.

Democratic sponsors needed 60 votes to keep the CFC program in the larger spending bill and that's exactly what they got.

Once the bill is signed, it will take about 30 days for the National Highway Traffic Safety Administration to setup the mechanics.

Dealers should start to rev up their marketing engines. Today our traffic spiked and we had a record number of first party dealer contact requests.

It was fun to watch the whole process unfold..it was a nail biter.

Wondering what to do for Cash for Clunkers?

Alex, Thank your for an informative article on Cash For Clunkers. TWITTER: Dealers and other automotive professionals can get up to the minute updates on the Cash For Clunkers Program and dealership best practices by following: http://twitter.com/cashforclunker

Also, I have made arrangements for my crew at ADP Digital Advertising to work together with Brian Pasch on registering dealers who use our services with Brian's national registry.

Wondering what to do for Cash for Clunkers?

cash-for-clunkers-we-can-help.jpg

Even though the Cash for Clunkers Legislation has not passed yet, there is a lot of potential business already circulating around this program.  If you're the first on the scene, you can seriously rule your market for anyone trying to find more information about the bill.

First:  Build your site and prepare your staff
"This bill is not official", and those should be the first words out of your mouth, followed by a big BUT.  "But, when the bill is passed we want to be the dealership that earns your business.  Let me tell you a bit about the bill as it currently sits - have you visited the Cash for Clunkers page on our website (Checkered Flag's Cash for Clunkers page)?  We are a participating Cash for Clunkers dealership, and ready to help you with the program when it does launch.  Basically, the program covers vehicles over X years old with a combined MPG of less than XX..."  you get the idea.

Second:  Find a site to partner with for better SEO
As this program is getting a lot of attention, chances are you will have a tough time climbing through the Google results and beating all the national news articles about the Cash for Clunkers program (tough to beat CNN).  Various sites are selling leads, but one is not only selling leads, it is also helping with some search engine exposure for your own site.  That's because Brian Pasch is behind it.  The site is http://www.cashforclunkersfacts.com if you want to check it out - the pricing isn't bad at all!  If you want to follow on Twitter, go to http://twitter.com/cashclunkers

Brian says:

Lead territories are exclusive and exclusivity is gained on a first come - first serve basis, so hurry to contact Carrie Valentine at carrie@paschconsulting.com for signups.  You can also reach her at (732) 450-8200.  Or you can click here to view the 3 easy steps for setup.

I think most dealers are on the wait and see method right now, but there are a lot of leads to work from customers they never would have seen, even now.  I also bet that if the bill fails, manufacturers may come up with their own CFC program because demand will be so backed-up.

Third:  This is Temporary
Keep in mind that this program, if it is passed, is currently slated to run through September so we're talking 3-4 months of opportunity.  You need to make as strong a run on it while you can!  You don't need a long term strategy, you don't need a fancy website, you just need to capitalize on this short opportunity as fast as possible.

Fourth:  Continued discussion on the forums
You're more than welcome to comment on this article here, or join us on the DealerRefresh technology forums for further discussion.  Cash for Clunkers discussion here.

CarsDirect Offers Free Used Car Listings to Terminated Chrysler, GM Dealers

EL SEGUNDO, CA--(Marketwire - June 11, 2009) - CarsDirect announced today that it is offering free online used car inventory listings to recently terminated Chrysler and General Motors franchise dealers in an effort to help dealers drive sales during the current transition period.

"Many of our dealer partners who have received termination notices aren't simply closing up shop," said Ken Potter, vice president and general manager of automotive sales and industry relations at CarsDirect. "Some plan to change brands, while others are shifting to a used car focus. But the next few months are crucial. We hope this offer helps dealers sell more cars as they work to stay in business and remain fixtures in their communities during the transition."

CarsDirect will provide any dealership that received a termination notice from Chrysler or GM with 60 days of free used car listings on its network of sites, exposing the listings to 25 million monthly online visitors. The CarsDirect network includes listings on the CarsDirect.com Used Car Channel and SellMyCar.com, and targeted syndication of listings throughout the CarsDirect Automotive Network, one of the world's largest collections of auto enthusiast websites.

Dealers are free to post their entire used car inventories, including unlimited photos of each vehicle. They are also eligible for a special rate on CarsDirect used inventory listing products after the conclusion of the 60-day free period.

"Last month, we celebrated the tenth anniversary of CarsDirect, and many of our dealer partners have been with us since Day One," said Potter. "Our dealers helped us achieve the success we enjoy, and we're hopeful that this offer helps dealers sell a few more cars during this uncertain period in the industry. We are grateful for our many strong dealer relationships and look at this as an opportunity to pay our dealers back."

For more details on the no-charge CarsDirect used car listings program, eligible dealers can call (310) 280-4282 or e-mail kpotter@carsdirect.com.

About CarsDirect
CarsDirect (www.carsdirect.com) is a leading online automotive shopping service and research portal, providing new and used automobiles and related products and services, such as loan and lease financing. CarsDirect is a division of Los Angeles-based Internet Brands (www.internetbrands.com), a leading operator of community and e-commerce consumer websites.

CRM is putting your well-oiled machine back on the assembly line

Alex,
Great read, and very "spot on". Getting "traditional sales managers" on board with working and LIVING in a CRM is a constant battle for me, besides getting a bigger stick, any ideas you'd like to share on how to 'nudge them in the right direction? Thanks
p.s. where's the spell check in this tool?

CRM is putting your well-oiled machine back on the assembly line

Alex
Great article, as you know I am a huge CRM advocate and have been for some time. It is amazing to me how many dealers still don't think they need a CRM. Obviously not the dealers that frequent this site and others like it, but you really would be suprised. It seems to me that those dealers, the ones with no dedicated internet dept. and "no need for a CRM" are not going to be prepared for the next phase of the automobile business. You do a great job of pointing out how important it is to make full use of the tools you have. Unfortunatley there are alot of ISM's out there that dont have many tools but know they need them. The hard part for them is trying to convince there GM/Dealer that a quality process will make more money for the store then it will ever cost. Somtimes it is frustrating to lead the horse to water and watch them not drink.

CRM is putting your well-oiled machine back on the assembly line

Very nice article. The main problem with a BDC arrangement is lack of product knowledge,and or salesmanship abilities.

The typical internet prospect is loaded with specific information when they initiate contact with you. If your personnel are not equally prepared then business is lost. A simple question we ask ourselves frequently is are we aware of what the current market is doing in our area. To me that is the secret of the internet to stay competative in a ever changing market. JMHO

CRM is putting your well-oiled machine back on the assembly line

Thanks guys. It is truly amazing how well people start taking to your various technologies when you just do some simple one on one's. If salesmanagers did more one on one's it would be amazing how great a salesfloor could become. Fortunately the CRM provides the points to get the conversation started and is fantastic for pointing out which areas need to be concentrated on.

CRM is putting your well-oiled machine back on the assembly line

Very good piece Alex. Everyone reading this should be very attentive to the fact that when we emerge from this down market, your dealership must be a leaner and more efficient operation to compete effectively in the future. "The days of compensating for inconsistencies by adding more staff is over" rings true and ties directly into the fact that you must operate with less expense and waste. This also applies when looking at your lead sources, and really focusing on maximizing the return on your best lead source, your own website - and then getting the best return on those leads by managing a great process (utilizing your CRM)...

CRM is putting your well-oiled machine back on the assembly line

Alex

Great post and very accurate. We dissolved our centralized BDC in favor of individuals in each store that are held accountable by the managers. Its working with moderate success although from a general management standpoint, the centralized model was easier from a training and accountability standpoint. The system is key in that it can't be filled with bugs that prohibit the process from being executed. We were able to tailor our processes to our system. Its been a long time with many challenges but its working for us.

With that said, this is a great post and I think it is highly representative of what most dealerships and the dealer industry as a whole are coming to grips with.

CRM is putting your well-oiled machine back on the assembly line

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Over 5 years ago I was approached by our Vice President of Variable Ops who wanted me to take what I had done as our Honda Internet Manager and spread it through all the stores in our group.  He told me the job was temporary and not to expect it to last more than a year or 2.  He titled me the Internet Director and my job was to train "Internet Sales Agents" on how to move a lot of cars through digital communication.  His thoughts were that I would eventually find a store to call home and continue working my way up in a more traditional manner.

Since he asked me to do this job back in March of 2004, my job title has changed and I've worked my way into quite a few very different directions.  Once we had figured out a good way to handle not just Internet leads, but all incoming non-physical traffic too, and we had the right people in place I was able to focus more on things like our website, new technologies, and CRM.  It is the CRM that gets you!

The most important technology of any dealership is the one that promotes process.

Traditionally, dealers' only process was what to do when a customer was physically there.  How to get a customer there was more of something a salesmanager talked about in those early Saturday morning meetings, but he never followed up on anything he ever trained anyway.  Service Departments simply sent mail as the only form of consistent follow-up.  Of course there are exceptions to my stereotype of dealership process, but this was the traditional approach.  Today we have CRM to babysit instruct us on who and when we should be following up.

I hated CRM.  As a salesperson that thing was stupid. It never told me the right time to call and it never told me what to say on that call either. I felt like I was cold-calling even though these were people I had already worked with. I mean, Geeeez, the guy couldn't buy 6 months ago, why do I have to keep calling him? On top of that, my monthly sales gross and volume was definitely above average, so the boss left me alone most of the time. I was under the management of a sales manager from 1999 to 2004 and that paragraph pretty much sums up my feelings toward CRM during that time (I bet some people still feel that way today).

When I finally started looking at things from the perspective of a career-minded professional who saw the interests of the entire company as something personal, my CRM views shifted. Since I was being paid on the entire organization's Internet closing ratios, in my new Internet Director position, I had to make sure contacts and follow-ups were happening amongst the Internet staff - and I had to track all of it! (still the worst part of my job).  However, I was totally concentrated on the Internet department and screaming about how the sales floor was just a CRM black hole where customers were entered and left to die. It was up to the Internet Department to tackle the follow up. This is how we got into BDC's.  Unfortunately, you have to over-staff a BDC to compensate for a lack of a consistent effort on the sales floor - that's expensive! And a BDC does not help with rapport building or any of those things a salesperson or service writer worked so hard to do while the customer was physically in the showroom or service drive.

It has been 10 years since we installed our first CRM and we have definitely had a rocky history with some of the companies we've contracted with for CRM services, but I believe the technology has gotten to a point where we can truly rely on it to give us good data and take care of the most basic part: follow-up process.

As someone who provides technical support for dealership technologies, I strive for a fault error ratio where 10% of the faults are issues of the technology and 90% are issues with our people. We're there!

In 2009, I'm sitting with my boss again, to retask my concentration points (a.k.a. job responsibilities), and the focus is now on the sales floor. I feel like I've made a complete 360 since my original promotion to this job except we've shed the "Internet" part of the whole thing. We've admitted that every customer is an "Internet" customer, and we need to concentrate on making the entire company better from the ground up - just like we did with the Internet Department.

With a weak economy, the days of compensating for inconsistencies by adding more staff is over.

The CRM, love it or hate it, is the heart of a dealership. The DMS is the backbone. Executive staff is the brain, and everyone else are the arms, legs, fingers, mouth, eyes, and ears. So how do we get this teenager in puberty walking without tripping over his own feet? That's right, we're all teenagers again!

Technology, through the Internet, crept in the back door and kicked us right in the ass. We're all having to become "born-agains" as we reassemble our businesses to meet today's standards.

Just like the Internet snuck in through the back door, your "Internet person" is rapidly becoming your savior.  That person understands and embraces all these changes the technology is engineering behind your back. But you already knew that!

I am simply telling my story to show how a job that is thought of as something a little extraneous and temporary can come back around to be something very central. Don't ever discount the technologies and try to keep an eye on the back door - you never know who could slip in.

If you take anything away from this article, I'd like you to think about how you're not leveraging your CRM to exercise its true potential through your own people.  If you need some help in finding a CRM solution or simple CRM best practices, visit the CRM Forum on the DealerRefresh technology forums:  DealerRefresh Automotive Dealer Forums

VinSolutions and R. L. Polk & Co. Integrate to Offer Customers Easy Access to Polk Cross Sell™ Reports

Summary: With a simple push of a button, VinSolutions’ customers, who subscribe to the service, can access R. L. Polk & Co.’s monthly Polk Cross Sell™ reports directly from their VinSolutions system. VinSolutions offers two levels of participation. Customers may opt to receive both new and used vehicle reports, or select only new or only used reports.

Overland Park, KS, June 9, 2009 – VinSolutions announced their integration with R.L. Polk & Co.’s Polk Cross Sell™ today. Subscribing customers desiring access to the Polk Cross Sell™ report can simply push a button on their system and view it. Available at two levels of participation, VinSolutions’ customers may opt to receive both new and used vehicle reports, or choose between new or used reports.

The Polk Cross Sell™ report is delivered each month and summarizes what dealers need to know so they can more quickly identify and seize sales opportunities. Built from multiple sources including vehicle population and statistical data from all 50 states, Polk Cross Sell™ reports offer dealers a clearer view of the marketplace and their place in it.

“The Polk Cross Sell™ is a vital tool for dealers, and accessing it directly through our software makes managers’ lives a lot easier,” said Doug Kinney, VinSolutions’ CEO. “We are constantly looking for value added products to offer our customers, and we are very pleased to add the Polk Cross Sell™ reports to our offerings.”

R. L. Polk & Co.’s core purpose of helping people make good decisions is evident in the quality and reliability of their products. “We are excited to work with VinSolutions to help automobile dealers sell more vehicles,” said Andrew Price, Polk’s vice president of Automotive Retail Solutions. “The Internet has proven to be an important sales tool, and our relationship with VinSolutions will help dealers be even more productive and efficient with their use of technology.”

Using Polk Cross Sell™ reports enable dealers to manage from solid data. Being able to better plan their inventory levels and take advantage of market conditions, pinpointing areas where their sales are strong and identifying areas in need of focused attention are reason enough to make Polk Cross Sell™ reports a part of a dealer’s daily management regime.

ABOUT VINSOLUTIONS
(www.vinsolutions.com)
An industry-leading developer of Internet-based desking, customer relations management (CRM) and Internet lead management (ILM) software, VinSolutions provides 24/7 dealership sales and
marketing information to their clients anywhere Internet access is available. In addition to CRM, ILM and Inventory control products, VinSolutions builds custom dealership Web sites, uploads inventory photos, offers their clients quality training and consulting services, as well as valuable customer support. VinSolutions is GM, Ford, Chrysler, Subaru and Audi certified and has working relationships, alliances and integrations with several automotive software service providers such as R. L. Polk & Co., Kelley Blue Book, CarFax, AutoSoft, Inc., Autodata, RouteOne and DealerTrack.

ABOUT R. L. POLK & CO.
R. L. Polk & Co. is the premier provider of automotive information and marketing solutions. Polk collects and interprets global data, and provides extensive automotive business expertise to help customers understand their market position, identify trends, build brand loyalty, conquest new business and gain a competitive advantage. Polk helps automotive manufacturers and dealers, automotive aftermarket companies, finance and insurance companies, advertising agencies, media companies, consulting organizations, government agencies and market research firms make good business decisions. A privately held global firm, Polk is based in Southfield, Mich. with operations in Australia, Canada, China, France, Germany, Japan, Spain, the United Kingdom and the United States.

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