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BDC Process Evolution




Stan Sher – Dealer eTraining
Agenda
• Understanding the BDC

• Why BDC Departments Fail / How to avoid the failure

• Discuss BDC processes dealers need today

• Effectively measure your results

• Set up an action plan to stay current
Who is Stan Sher?

• 10 years automotive industry experience

• Held positions in Sales, Sales Management, eCommerce and BDC Director

• 2007: Single point Honda dealer from 25 to 70+ /mo at $2,000/copy (Internet
  Department Alone) *15% Closing Ratio

• 2010: Single point Nissan dealer in suppressed market from open to 90+ units/mo
  (BDC Alone) at $2,700+/copy (Top 20 Nissan Dealer / #1 CPO Nationally)

• Dealer Association Speaker GNYADA/NJCar

• Writer for numerous industry publications
Understand The BDC
• Marketing department to drive opportunities

• Increase productivity (phone, email, social)

• Sole responsibility: Take marketing opportunities and
  convert into quality showroom/service traffic
  (Appointments)

• Follow processes to create and retain business using proper
  follow up
Why BDC Departments Fail
• Dealer/Upper do not buy in to support efforts

• Middle management politics – Finger pointing

• No real action plan for success
  (CRM/Training/Budgeting)

• False expectations = No accountability
Importance of Process
BDC Process
• Internet Lead Management (180 days)

• Incoming Phone Calls (180 days)

• Unsold Showroom Follow Up (5-10 days)

• Lease Maturity / Retention (9 Months)

• Equity/Service Opportunities (Varies)
What does an effective process
         look like?
How to measure results
How to measure results
• Setup proper CRM reporting

• Make sure dealership uses CRM properly at all times…NO
  EXCEPTIONS!

• Monitor communications with prospects

• Create benchmarks by using data provided by vendors, lead
  providers, and OEM

• Maintain year over year and month over month reports
What to measure
• Analytics (Google, CRM, Vendor Reports, Budgets, etc)

• Internet Lead Quantity: Appointment Set -> Appointment Show -
  > Appointment Sold

• Incoming Calls: Appointment Set -> Appointment Show ->
  Appointment Sold

• Retention/Data Mining: Opportunities Contacted ->
  Appointment Set -> Appointment Show -> Appointment Sold

• CRM Process Improvement (adjustment)
What to measure
• CRM Process Improvement (adjustment)

• Call Monitoring / Phone Training

• Create customer processes for monthly advertising plan to
  include new phone scripts and email templates
  (digital/traditional marketing)

• Sourcing in the showroom

• Sales Management
Setup Action Plan – Stay Current
• Continue to educate yourself

• Sales/BDC ongoing training

• Network with other professionals and learn from each
  other

• Attend conferences like AutoCon

• Be compliant with OEM guidelines and think outside the
  box to brand the dealership
Setup Action Plan – Stay Current
Contact Stan Sher
Web: www.dealeretraining.com

Facebook.com/dealeretraining

Twitter.com/stansher

Email: stan@dealeretraining.com

Call me: (732)925-8362
The Evolution of the BDC - Stan Sher Dealer eTraining - AutoCon 2012

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The Evolution of the BDC - Stan Sher Dealer eTraining - AutoCon 2012

  • 1. BDC Process Evolution Stan Sher – Dealer eTraining
  • 2. Agenda • Understanding the BDC • Why BDC Departments Fail / How to avoid the failure • Discuss BDC processes dealers need today • Effectively measure your results • Set up an action plan to stay current
  • 3. Who is Stan Sher? • 10 years automotive industry experience • Held positions in Sales, Sales Management, eCommerce and BDC Director • 2007: Single point Honda dealer from 25 to 70+ /mo at $2,000/copy (Internet Department Alone) *15% Closing Ratio • 2010: Single point Nissan dealer in suppressed market from open to 90+ units/mo (BDC Alone) at $2,700+/copy (Top 20 Nissan Dealer / #1 CPO Nationally) • Dealer Association Speaker GNYADA/NJCar • Writer for numerous industry publications
  • 4.
  • 5. Understand The BDC • Marketing department to drive opportunities • Increase productivity (phone, email, social) • Sole responsibility: Take marketing opportunities and convert into quality showroom/service traffic (Appointments) • Follow processes to create and retain business using proper follow up
  • 6. Why BDC Departments Fail • Dealer/Upper do not buy in to support efforts • Middle management politics – Finger pointing • No real action plan for success (CRM/Training/Budgeting) • False expectations = No accountability
  • 8. BDC Process • Internet Lead Management (180 days) • Incoming Phone Calls (180 days) • Unsold Showroom Follow Up (5-10 days) • Lease Maturity / Retention (9 Months) • Equity/Service Opportunities (Varies)
  • 9. What does an effective process look like?
  • 10. How to measure results
  • 11. How to measure results • Setup proper CRM reporting • Make sure dealership uses CRM properly at all times…NO EXCEPTIONS! • Monitor communications with prospects • Create benchmarks by using data provided by vendors, lead providers, and OEM • Maintain year over year and month over month reports
  • 12. What to measure • Analytics (Google, CRM, Vendor Reports, Budgets, etc) • Internet Lead Quantity: Appointment Set -> Appointment Show - > Appointment Sold • Incoming Calls: Appointment Set -> Appointment Show -> Appointment Sold • Retention/Data Mining: Opportunities Contacted -> Appointment Set -> Appointment Show -> Appointment Sold • CRM Process Improvement (adjustment)
  • 13. What to measure • CRM Process Improvement (adjustment) • Call Monitoring / Phone Training • Create customer processes for monthly advertising plan to include new phone scripts and email templates (digital/traditional marketing) • Sourcing in the showroom • Sales Management
  • 14. Setup Action Plan – Stay Current • Continue to educate yourself • Sales/BDC ongoing training • Network with other professionals and learn from each other • Attend conferences like AutoCon • Be compliant with OEM guidelines and think outside the box to brand the dealership
  • 15. Setup Action Plan – Stay Current
  • 16. Contact Stan Sher Web: www.dealeretraining.com Facebook.com/dealeretraining Twitter.com/stansher Email: stan@dealeretraining.com Call me: (732)925-8362