Archive

Archive for February, 2009

If People Only Knew

February 25, 2009 strongllc Leave a comment

SPEAKER
Something EVERY DEALER needs to address in a sales meeting.

Your average salesperson sells what 10 – 12 cars a month? According to NADA that is still the national average.
 
But my question to you as a dealer or operator, “Who is accountable to either motivate or hire someone to motivate your staff? What happens when that sales person becomes jaded as many consumers are right now about the state of the economy?” A dealer told me today that his top salesperson at a Chevrolet dealership who has been there more than 10 years came up to him so frustrated about what customers are telling him that he wanted to quit. The dealer was telling me this to convey how customers are reflecting negatively on the current economic climate and how customers are having a bigger negative impact on his sales people than they’ve ever had before. He quoted, “When these guys are making 10 to 12 phone calls and follow-up calls a day and every customer asks, “Are you guys going to stay in business? or You better give me a better deal since you all are about to go out of business,’ sales people can easily get discouraged.” This is the beginning of what we at Strong, LLC call, “the brotherhood of the miserable.”
 
We kicked around a few ideas and discussed the pros and cons of changing his message, and intense merchandising strategy, to create a campaign around the positive aspects of why to buy today. We agreed that we shouldn’t change our marketing direction and platform without more thought and decided we should both think more about the idea.
 
After two hours on an airplane, and passing an airport TV that showed Bobby Jindal, the Louisiana Governor giving a speech about the “New Republican Party” I had a thought. Every dealership needs to arm their sales associates with what has made politicians successful for years: “TALKING POINTS”. As a dealer or GM you know how to sell your way out of the current market and you also know how to motivate people – you wouldn’t be where you are if you didn’t.

The premise is simple: Once a week in one of your sales meetings roll out the “Talking Points of the Week” explain how politicians use them and refer to the days when Bill Clinton would never give an answer that wasn’t scripted. Print out your “Talking Points” and give sales people 3”x5” size cards that show them several things to use to turn a positive into a negative.

It is nothing more than overcoming objections, which is the key to closing any deal you are working. Overcome objections and do it by arming your people with what you want them to say.  Pre-load their lips with what you want them to say and they will start to believe it.
 
Did you know that experts are predicting the recession will be over by May 2009?! I didn’t know it either, but if you create a positive statement, people will repeat it.

Categories: Uncategorized

Whatever it Takes…

February 25, 2009 strongllc Leave a comment

SNEAK PREVIEW OF STRONG, LLC’S LATEST DIRECT MARKETING!


Categories: Uncategorized

Shift Happens

February 24, 2009 strongllc Leave a comment

Did you know 3.0 – Globalization & The Information Age

From November 2008 – 3.0 for 2008 – Newly Revised Edition Created by Karl Fisch, and modified by Scott McLeod; Globalization & The Information Age. It was even adapted by Sony BMG at an executive meeting they held in Rome this year. Credits are also given to Scott McLeod, Jeff Brenman

Categories: Uncategorized

Great Car Ads

February 24, 2009 strongllc Leave a comment

dartdart2To all the people that stereotype
the Automotive Advertising Business 
andAutomotive Advertising Agencies…
This one’s for you. 

If you have never spent a night in Baton Rouge, then you should. Get a six-pack of beer and sit in your hotel room watching WBRZ Channel 2, (even better that it is now in HD) be sure to watch the 5, 6, and 10pm news and you will see something truly amazing.
 
Price LeBlanc is probably the craziest, longest standing, 
most energetic dealership that I have ever seen on camera. 
(Johnny & Dwayne – you guys rock!!) 
Price, some people may complain to you 
about your commercials but I salute you. 
Your spots are unforgettable and better yet – YOU NEVER QUIT. You are always on the air and in order to sell cars and make money that is what you have to do. Oh Yeah – most important: YOU ALWAYS ADVERTISE A PRICE.  

PRICE LEBLANCFor all the people who are competing head-to-head with other dealers who are spending millions of dollars a year – you get it. I am sure that at every restaurant, golf course or football game you go to, there is someone who recognizes you, maybe even heckles you… BUT WHO CARES?!  

I just read the 2008 Total Industry Report for all the dealerships in Baton Rouge and you controlled 8% of the total industry. Nice work. 2600 New Vehicles and a great ad campaign.  

*Click HERE to see their commercials.

*Click HERE to see an article written on AllBusiness.com about Price LeBlanc close to four years ago. It’s a great story of how it all began.

Categories: Uncategorized

Auto Marketing

February 24, 2009 strongllc Leave a comment

Here’s something to thing about if you are the “Prince of Pessimistic Thinking.” Do the math – there were 750,000 new vehicles retailed in January 2009. Multiply 750,000 x 12 months and what do you have??? 9 million new vehicle registrations in 2009. Sure that is something nobody wants to see – but are any of you looking at the number of crushed vehicles that were destroyed to be removed from the market? Because in January – there were 1 million vehicles crushed.  
 
750,000 sold
 
1,000,000 crushed

January Total – there are now 250,000 less vehicles even capable of being in operation. Multiply the crushed number by 6 months this year and we are going to see a pendulum shift.  

The market is showing early signs of coming back and this is one of them.

Categories: Uncategorized

Ford Dealer Motivates His Sales Force

February 24, 2009 strongllc Leave a comment

Below is an email that I received from one of my dealers, Ronnie Watkins.

Subject: SHARE THE GOOD NEWS!

ALL EMPLOYEES OF RONNIE WATKINS FORD:ronnie watkins
 Just thought I would take a few seconds to share a few web sites with you to send to our customers and friends. All employees of Ronnie Watkins Ford should share the good news and great things we have going for us. So many people out of concern and caring for us ask, “How are you doing?” Well let’s be that beacon of light and hope by spreading some great news! We are doing great and we expect do even better! Our customers and friends have determined our success and let’s take the time to say a big THANK YOU! It has been them telling others from all over to come here do their service work and purchase from us. Why? Because of Ronnie Watkins employees that work hard to exceed the customers’ expectations!

 1.  www.ronniewatkinsford.com   This is about us, our company and what is happening with us right now. As all of you know, because of great employees like you and our strong customer base, we continue to be one of the most dominant dealerships in marketing share in America! Our customers continue to amaze me in their loyalty to us by encouraging everyone they know to buy from us! It is our customers who lead the way in outselling all makes and models including the “foreign” competition from other countries. USA! USA!

2.  www.thefordstory.com   This is about Ford Motor Company, the company that put the World on Wheels! How Ford is doing right now and avoiding “bailout money” or a bridge loan from the government. Hear some of our executives as they share the future of Ford. Take a look at the new models and technology that is coming to Ronnie Watkins Ford showroom. I have seen our future and our future looks bright! 

3.  www.levelfieldinsitute.com   This is a very important web page. This is not just about Ford, but about the American auto industry and facts you may not know about the value of the AMERICAN AUTO INDUSTRY as it relates to you and your country’s better interest. This is about General MotorsChrysler and the foreign competition. It is a fair and balanced observation. I think you will find enlightening. 

With all challenges become a lot of opportunities for those who promote the good in what we do and why we do it!
running with ronnie button
I would ask each of you to forward this e-mail to your friends, family members and other people you may know. They need to be encouraged also. 
 
We need to let them know that at Ronnie Watkins Ford business is good. It is good business to do business where business is good!

Thanks!
Ronnie Watkins
Ronnie Watkins Ford
Gadsden, Alabama

“DRIVING FORDS DRIVES AMERICA”

Categories: Uncategorized

Remember Good Looking Cheerleaders

February 24, 2009 strongllc Leave a comment

Toyota Dealer Advertising
 
In the current market, all dealers need to be attentive to on the lot merchandising. With registration numbers being down for all products (especially Camry and Corolla) Toyota dealers who want to steal market share from their competing dealers need to read the following: 

It doesn’t matter where your store is located, but it does matter what vehicles are the most visible for your drive-by traffic and what vehicles are most clearly visible to the customers who come on your lot. 

Put the hot products up front and hide the slow movers. You may be overloaded with Scions or Highlanders, but it doesn’t matter. No one goes fishing and uses a lure that the fish seldom bite. Hot Traffic will solve Cold Merchandise. 

Perfect example: A store that hasn’t advertised a Yaris since October is leading their region in Yaris sales – WHY? The ad price on the Corolla is so low, the only logical flip for someone coming in on it is a Yaris.  
 
Merchandise aggressively – Check your lot – Put the most popular pieces up front for the entire world to see. The reasoning, is no different than why a football team has cheerleaders, and why they usually are the best looking girls in school.

Categories: Uncategorized

Give them the show, or someone else will

February 24, 2009 strongllc Leave a comment

sales person helping customerReports across the country show that traffic reports were high over Presidents’ Day weekend. Some dealers who advertised aggressively reported traffic and lead volume to rival the last week of the year. , This is an excellent sign that the selling season will soon see some lift.  
 
The title – “Give them the show, or someone else will,” pertains to salespeople who were “burning” ups over this time of increased traffic. Dealers reported that salespeople had to be reminded to pop the trunk and open the hood.  
 
What this ultimately means, with the down turn in the market, some salespeople will naturally forget some of their skills and lose sight of the ultimate goal of handling traffic.  
 
“Give them the show or someone else will,” should be the topic of at least one of your upcoming sales meeting or training sessions.

Categories: Uncategorized

Staying Focused

February 24, 2009 strongllc Leave a comment

“Remind yourself that if you will invest in growing your market share now,
your profits will grow in a growing market.” 


There is a need to stay focused on Customer Service. 
  • Retention
  • Gross
  • Process 
     
Stay Focused on Positive Benefits of Vehicle Ownership.
  • Warranty
  • Quality
  • Savings
 
Stay Focused on doing Smart Business.
  • Don’t make mistakes to make new car deals
  • Don’t over appraise for a used car to make a new car deal
  • Know what products you should stock and should advertise
 
Stay Focused on Used Car Business.
  • Inventory
  • Sales Training / Product Differentiation
  • Internet Business
 
Stay Focused on Experience. 
  • You have seen down turns before
  • Rely on your people
  • Remain Positive
Categories: Uncategorized

Supply You Got, Demand You Generate!

February 24, 2009 strongllc Leave a comment

Below is the text from the article in the Birmingham News:

Supply and demand equals great deal today

By Toni Walthall
Birmingham News Staff Writer – Promotions

     The law of supply and demand is at work to make this possibly the most lucrative market for car buyers in years. 
     Last year, soaring gas prices and the economy drove many consumers to curtail spending, which resulted in an abundance of shiny new vehicles dotting many car dealership lots.
     The increase of supply has forced manufacturers to lower prices and to offer generous deals to spur business and to lighten inventories.
     “My family has been in business a long time. We’ve had very limited manufacturer rebates even as recently as 18 months ago,” said Bruce Limbaugh, president of Limbaugh Toyota. “There are so many opportunities for car buyers now – cash back rebates and special low interest deals. We have factory-to-dealer incentives that aren’t advertised that lets us help people with trade-ins. The opportunities have been unheard of.”
     According to data (based in terms of consumers’ monthly income) from the U.S. Department of Commerce’s Bureau of Economic Analysis, new vehicle prices have not been this low since 2001.
     Industry analysts told car dealers at their national conference in New Orleans that the weakened economy has resulted in a lack of merchandise being produced here and abroad, but they concede that buyers willing to spend money now are going to get a remarkable deal because of the current drop in demand.
     Manufacturers are striving to entice reluctant spenders with deep rebates, which are determined by region.
     Consumers should check with car dealers to find out about local rebates. Deals in Birmingham may be better than those posted on manufacturer Web sites, according to Limbaugh. A quick Internet search reveals that most major auto manufacturers are offering serious cash-back rebates ranging anywhere from $500 to $5,000 and zero percent interest on some deals.
     “I genuinely don’t mean that as a sales pitch. It’s basic economics,” said Limbaugh.
     “Supply and demand is an interesting thing. The factories have cut back so far on productionto match demand. The deals are here now, but I think as the selection thins out customers are going to run short on desirable vehicles. Now is the time to take advantage of it. Six months from now, we may not have the supply we have now. The debate to buy now versus buy later has real implications.”

I think every dealer out there is very clear on ‘supply’, but what I want to comment on is how you generate ‘demand’. Bruce Limbaugh has stepped up in the 1st Quarter with a TV presence promoting those great deals created by ‘supply’.

In a mid-January ‘grassroots’ promotion, his dealership hosted ‘Survivor’ auditions for the local CBS affiliate; they were featured not only in 6 & 10PM newscasts, but also a front-page newspaper story with color photos.

(Link to press release:  Toyota Dealer Hosts CBS42 ‘Survivor’ Casting Call)

In addition to that, Bruce has utilized both Direct Mail and email blasts to his owner body. Bottom line – in a very soft local market, Limbaugh Toyota is ahead of last year’s pace, and seeing increases in both daily and weekend traffic.

It’s a tough audience out there, and to spark demand you have to stay in front of them. What’s that old saying? “Lead, follow or get out of the way!” I believe Option 1 is the answer, and Bruce Limbaugh is proving it.

Categories: Uncategorized