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Creating an Internet
Dealership for 2013 and
                Beyond
                       Jim Bell
              Don Ayres Honda
• Used car buyers spend 60% of their shopping process online

• Used (18 hours shopping time)
             • 7 hours offline
             • 11 hours online


• New Car buyers (19 hours shopping time)
             • 7.5 Hours offline
             • 11.5 hours online
   2011 Autotrader.com/R.L. Polk Automotive Influence Study
• 24% of shoppers switched manufacturers based on their research

• 1.4 dealerships are physically visited


Google & compete Buyer Flow Study
How car buyers first contacted the
                  dealership
                        11%



20%                                                              Walk In
                                                                 Phone
                                                                 Email



2011 Autotrader.com/R.L. Polk Automotive Influence Study
                                                           69%
1.1 Million leads matched to
            registration data
• 55% of those who submitted a new car lead DID
  buy something
• Of those that bought, only 10% bought at their
  intended dealerships
• Of the 90% who went elsewhere
   – 23% bought intended make
   – 41% switched to used
   – 36% bought a competitive make
Lead Purchase Distribution

 60
                             51        53
 50                50
      43
 40
       35                          34
                         31                 Intended make
 30            29
                                            Other make
           22 21                            Used (any)
 20                     18
                                  13
 10

  0
      0-30    31-60 61-90         91+
First 30 days


            43% bought in first 30 days
            35% bought another make
                22% bought used

Do the math….57% don’t do anything the 1st 30 days.
Be Mobile

• By the end of 2015, 1/3 of Americans will own a
  tablet
• 20-30% of Google queries are done via mobile
  (phone only)
       – 1 million Android phones activated daily!
• 31% of those surveyed admitted that they use their
  phone in the bathroom
• The other 69% are lying.
Source Google
Be Mobile (cont)
• 71% of users expect a mobile site to load as fast as their
  desktop (within 3 seconds)
• 78% will try twice before giving up
• 57% would not recommend a business with a bad mobile
  site
• 40% turned to a competitor’s site after a bad mobile
  experience
• 23% have cursed at their phone when a site doesn’t work.
Source Google
JD Powers
                     Key Points
  • 59% of mobile researchers use their device at the
                      dealership
   • 79% of new car auto shoppers use the internet
 • 20% of internet new car shoppers use smartphones
                      and tablets
Source: JD Powers 2012 Autoshopper Study
How do we capitalize?


Become an “Internet Dealership”
What it’s not

    Websites
     Pictures
  Videos of cars
       SEO
       SEM
A Day in the Life of an Internet
           Manager
What’s the silver bullet?
Your Silver Bullet to a successful
      Internet Dealership
How do we do it?


    • Get smart
   • Be involved
   • Get excited
Buy-in from all levels
• You must have management buy-in
• It has to be a ‘culture’ at the dealership and start
  from the top down
• Salespeople have to be 100% bought in
People

      Evaluate your dealership
What is best for us when it comes to:
             • Structure
              • People
              • Process
Process
• Follow a process and stick with when you find it
  working.
• Don’t be afraid to trial and error.
• Find your niche and run with it.
Be Quick!
• First isn’t always best
• Make sure that you are relevant to any questions
  that are asked within the lead
• Be different than the others and stand out
   –   Video
   –   Have open ended questions
   –   Leave room for the conversation to continue
   –   Let the customer know what your next contact will be
Be Quick! (cont)
•   Offer text
•   Offer to Skype
•   Offer to FaceTime
•   Be different, STAND OUT!
How Not to do it
Email Marketing
Be a Purple Cow
How to do it
• Get an email from every customer that walks in the
  door
• Have a great message with a call to action
• Don’t overdo it each month (max 2x a month)
• Give them a reason to call you or a strong call to
  action
How NOT to do it
Process
• Don’t be a 3 day and out
• Make sure that you are continuing your ongoing
  marketing to these customers.
   – 57% made a decision after 30 days
   – Newsletters are a great option
   – When doing an e-blast, have a great message and make
     sure it’s mobilized
Process (cont)
• Have a remarketing plan in place
• Don’t be scared to try different things
• Learn from other dealers – shop your competition
   – Shop out of your area with like franchises
What is the Right Process?


It is the one that works for you and your store.
Let’s Get Social
Some of the best
          Youtube

Elise Kephart – Sunset Honda
Video Done Right
   Intro Video
Video done right
    Thanks!
Facebook




• 1 billion users
• 600 million access by mobile every day
Facebook breakdown
• 19% are in the market for a vehicle
   – 190 million
• 71% are influenced by social
• Average of 359 friends
   – 61 possible prospects on Facebook!
Some of the best
     Facebook
    Rick Kruger
Facebook Advertising
• Promotion of posts
  – Very cost effective to reach a lot of people
  – Will promote to all of your people that like you and all of
    their friends
Reputation Management
• 1 in 3 used car shoppers will read reviews on the
  shopping experience.
• 91% of new car shoppers will read after sale
  reviews.
• Shoppers who view a dealer review page is 4x more
  likely to send a lead in.
• 57% of used car shoppers will look at reviews while
  on the lot.
Reputation Management
• Don’t put all your eggs in one basket
• Ask all the time (find a process and make it work)
• Respond to all of your reviews, good and bad
Stay Informed
Get involved on the following:
      Kain idea exchange
       Drivingsales.com
        Dealerrefresh
             ADM
          Dealer Elite
          Trupro.org
 Facebook Groups (Carbucks)
Questions?
Contact info / Connect with Me
                     Jim Bell
            jimbell1974@gmail.com
            Twitter: @jimbthecarguy
  Facebook: www.facebook.com/jimbthecarguy
                     LinkedIn
                Circle me on G+
        Website: www.jimbtheguy.com

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Becoming an Internet Dealership for 2013 and Beyond

  • 1. Creating an Internet Dealership for 2013 and Beyond Jim Bell Don Ayres Honda
  • 2.
  • 3. • Used car buyers spend 60% of their shopping process online • Used (18 hours shopping time) • 7 hours offline • 11 hours online • New Car buyers (19 hours shopping time) • 7.5 Hours offline • 11.5 hours online 2011 Autotrader.com/R.L. Polk Automotive Influence Study
  • 4. • 24% of shoppers switched manufacturers based on their research • 1.4 dealerships are physically visited Google & compete Buyer Flow Study
  • 5. How car buyers first contacted the dealership 11% 20% Walk In Phone Email 2011 Autotrader.com/R.L. Polk Automotive Influence Study 69%
  • 6. 1.1 Million leads matched to registration data • 55% of those who submitted a new car lead DID buy something • Of those that bought, only 10% bought at their intended dealerships • Of the 90% who went elsewhere – 23% bought intended make – 41% switched to used – 36% bought a competitive make
  • 7. Lead Purchase Distribution 60 51 53 50 50 43 40 35 34 31 Intended make 30 29 Other make 22 21 Used (any) 20 18 13 10 0 0-30 31-60 61-90 91+
  • 8. First 30 days 43% bought in first 30 days 35% bought another make 22% bought used Do the math….57% don’t do anything the 1st 30 days.
  • 9.
  • 10. Be Mobile • By the end of 2015, 1/3 of Americans will own a tablet • 20-30% of Google queries are done via mobile (phone only) – 1 million Android phones activated daily! • 31% of those surveyed admitted that they use their phone in the bathroom • The other 69% are lying. Source Google
  • 11. Be Mobile (cont) • 71% of users expect a mobile site to load as fast as their desktop (within 3 seconds) • 78% will try twice before giving up • 57% would not recommend a business with a bad mobile site • 40% turned to a competitor’s site after a bad mobile experience • 23% have cursed at their phone when a site doesn’t work. Source Google
  • 12. JD Powers Key Points • 59% of mobile researchers use their device at the dealership • 79% of new car auto shoppers use the internet • 20% of internet new car shoppers use smartphones and tablets Source: JD Powers 2012 Autoshopper Study
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  • 16. How do we capitalize? Become an “Internet Dealership”
  • 17. What it’s not Websites Pictures Videos of cars SEO SEM
  • 18. A Day in the Life of an Internet Manager
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  • 22. Your Silver Bullet to a successful Internet Dealership
  • 23. How do we do it? • Get smart • Be involved • Get excited
  • 24. Buy-in from all levels • You must have management buy-in • It has to be a ‘culture’ at the dealership and start from the top down • Salespeople have to be 100% bought in
  • 25. People Evaluate your dealership What is best for us when it comes to: • Structure • People • Process
  • 26. Process • Follow a process and stick with when you find it working. • Don’t be afraid to trial and error. • Find your niche and run with it.
  • 27. Be Quick! • First isn’t always best • Make sure that you are relevant to any questions that are asked within the lead • Be different than the others and stand out – Video – Have open ended questions – Leave room for the conversation to continue – Let the customer know what your next contact will be
  • 28. Be Quick! (cont) • Offer text • Offer to Skype • Offer to FaceTime • Be different, STAND OUT!
  • 29. How Not to do it
  • 31. Be a Purple Cow
  • 32. How to do it • Get an email from every customer that walks in the door • Have a great message with a call to action • Don’t overdo it each month (max 2x a month) • Give them a reason to call you or a strong call to action
  • 33. How NOT to do it
  • 34. Process • Don’t be a 3 day and out • Make sure that you are continuing your ongoing marketing to these customers. – 57% made a decision after 30 days – Newsletters are a great option – When doing an e-blast, have a great message and make sure it’s mobilized
  • 35. Process (cont) • Have a remarketing plan in place • Don’t be scared to try different things • Learn from other dealers – shop your competition – Shop out of your area with like franchises
  • 36. What is the Right Process? It is the one that works for you and your store.
  • 38. Some of the best Youtube Elise Kephart – Sunset Honda
  • 39. Video Done Right Intro Video
  • 40. Video done right Thanks!
  • 41. Facebook • 1 billion users • 600 million access by mobile every day
  • 42. Facebook breakdown • 19% are in the market for a vehicle – 190 million • 71% are influenced by social • Average of 359 friends – 61 possible prospects on Facebook!
  • 43. Some of the best Facebook Rick Kruger
  • 44. Facebook Advertising • Promotion of posts – Very cost effective to reach a lot of people – Will promote to all of your people that like you and all of their friends
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  • 47. Reputation Management • 1 in 3 used car shoppers will read reviews on the shopping experience. • 91% of new car shoppers will read after sale reviews. • Shoppers who view a dealer review page is 4x more likely to send a lead in. • 57% of used car shoppers will look at reviews while on the lot.
  • 48. Reputation Management • Don’t put all your eggs in one basket • Ask all the time (find a process and make it work) • Respond to all of your reviews, good and bad
  • 49. Stay Informed Get involved on the following: Kain idea exchange Drivingsales.com Dealerrefresh ADM Dealer Elite Trupro.org Facebook Groups (Carbucks)
  • 51. Contact info / Connect with Me Jim Bell jimbell1974@gmail.com Twitter: @jimbthecarguy Facebook: www.facebook.com/jimbthecarguy LinkedIn Circle me on G+ Website: www.jimbtheguy.com