Tag Archives: CRM Processes

the_customer_experience

Today’s customers expect and demand an amazing customer experience. The dealership with the right vehicle and the best experience will ultimately win the business. To deliver the best experience possible, you must maintain expertise about your customers and their shopping behavior.

The average consumer today visits only one or two dealerships before buying. The odds are good consumers will purchase from your store if you focus more on delivering a great customer experience than on being lead-centric.

How do you do that? By mastering three touchpoints: research, communications and the showroom visit. Read More

CRM_is_a_system_of_engagement

In the past, a vehicle sale started and ended on the showroom floor. Today, many of the discovery and purchase steps take place online.

Online retail giants like Amazon have conditioned customers to expect timely and relevant communications across channels, plus a personalized buying experience informed by past behavior.

For automotive retailers, meeting these expectations requires different capabilities within your CRM.

Before, a CRM was primarily a system of record, a place to organize and store customer information. But today, your CRM is a system of engagement.

What does that mean? Your CRM can help facilitate and orchestrate the customer journey through more personalized and seamless interactions across all customer touch points.

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If you haven’t cleaned your Automotive CRM customer database recently, it could be costing you as much as 12% in lost revenue according to a recent Experian study. With automotive consumers increasing demand for faster, more convenient car buying and servicing experiences, dealers are turning to new digital technologies which all gather more customer data from online sources.

That’s great news for the industry, right? But with the increased power of technology comes the increased responsibility for dealers to maintain accurate customer data or risk squandering precious advertising and operating dollars.

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Fine_Tune_Your_Dealership_CRM

Your CRM is an essential tool for most businesses, sure, but is your dealership using it to its full potential?  Many of today’s dealers we talk to say no. In the May 2018 issue of Dealer Marketing Magazine, ELEAD1ONE’s Bill Wittenmyer leads a discussion on the five ways dealers can fine tune your dealership CRM to maximize its ROI and personalize every customer interaction.

Dealerships who don’t make their CRM a priority often end up amassing a database that becomes an incomplete and irrelevant expenditure. A recent Experian Data Quality study found that inaccurate data results in a 12% average loss of revenue to companies each year.

Establishing a customer-centric culture based on the execution of streamlined CRM processes that align with your business goals ensures clear communications, tracking, and relationship nurturing that lead to the sale.

In addition to your list of best practices that help your sales team maximize this valuable investment, you’ll learn:

  • Brevity isn’t always the best bet – the importance of leaving concise, yet clear notes for follow-up;
  • How to prioritize activities the proactive activities that fill your sales and service team’s pipelines;
  • Effective email campaigns and audience segmenting to deliver the right message at the right time;
  • Why using mobile apps leads to more manageable logging of all opportunities, and
  • Understanding the benefits of sharing data across your dealership group.

Get the full article 5 Techniques to Fine Tune Your Dealership’s CRM to read and share with your dealership team.