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Rethinking BDC
Bob Harwood
Vice President
InterActive Financial Marketing Group
bob@interactivefmg.com
Title Sponsor
Rethinking BDC
Why a BDC can struggle
• One Size Fits All Mentality
• Untrained Manager
• Underpaid, unmotivated employees
Types of leads BDC agents are asked to call
Not all leads are created equal
Service Reminders
Equity Customers
New Car
Used Car/Vehicle Specific
Finance
Others
Different scripts, different client types, different call goals.
BDC
Management Security &
Third Parties
KPI
Control &
Status
Dealership
Success
Pay Plans &
Goals
Let them run their show
Clear understanding of KPI,
with process to drive toward
maximizing them
Should be a sales manager,
not admin. Pay plan should
reflect store goals, not KPI
Needs to feel secure in role,
to avoid feeling threatened
by outside parties employed
to help dealership succeed
BDC is often the first and only
contact a customer has with a
dealership.
Pay –
Pay plan needs to reflect quality of the staff,
and incentivize good people to stay
Trust –
Hard scripts don’t work, trust your people to
insert their personality & knowledge into the
conversation-people connect with people,
not companies or products.
Finding creative ways to connect with
customers and hit on their hot buttons is an
important skill
People –
Hire inside sales professionals,
not min wage call center people
Verify –
Monitor, Review & Coach
VENDOR
Vendor isn’t a 4-letter wordGood vendors want to help dealers succeedMany have training materials/staff designed
specifically to help dealers
ENJOY THIS SESSION?
Post about it on social media using the hashtag #IS20G!
Share some love for your favorite speakers!
Contact Info:
Bob Harwood
Vice President
InterActive Financial Marketing Group
bob@interactivefmg.com
Title Sponsor

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Rethinking BDC strategies to maximize success

  • 1. Rethinking BDC Bob Harwood Vice President InterActive Financial Marketing Group bob@interactivefmg.com Title Sponsor
  • 3. Why a BDC can struggle • One Size Fits All Mentality • Untrained Manager • Underpaid, unmotivated employees
  • 4. Types of leads BDC agents are asked to call Not all leads are created equal Service Reminders Equity Customers New Car Used Car/Vehicle Specific Finance Others Different scripts, different client types, different call goals.
  • 5. BDC Management Security & Third Parties KPI Control & Status Dealership Success Pay Plans & Goals Let them run their show Clear understanding of KPI, with process to drive toward maximizing them Should be a sales manager, not admin. Pay plan should reflect store goals, not KPI Needs to feel secure in role, to avoid feeling threatened by outside parties employed to help dealership succeed
  • 6. BDC is often the first and only contact a customer has with a dealership.
  • 7. Pay – Pay plan needs to reflect quality of the staff, and incentivize good people to stay Trust – Hard scripts don’t work, trust your people to insert their personality & knowledge into the conversation-people connect with people, not companies or products. Finding creative ways to connect with customers and hit on their hot buttons is an important skill People – Hire inside sales professionals, not min wage call center people Verify – Monitor, Review & Coach
  • 8. VENDOR Vendor isn’t a 4-letter wordGood vendors want to help dealers succeedMany have training materials/staff designed specifically to help dealers
  • 9.
  • 10. ENJOY THIS SESSION? Post about it on social media using the hashtag #IS20G! Share some love for your favorite speakers! Contact Info: Bob Harwood Vice President InterActive Financial Marketing Group bob@interactivefmg.com Title Sponsor