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carjack update
The impacts of a quarantine:
what we’ve noticed so far
Search intensity
for cars is going
down
… for ALMOST all brands
-52%
Premium brands are
less affected for now
And people seem to enjoy themselves
looking at dream cars…
-51% -50% -49% -52%
-39% -36% -34% +18% +8%
Data based on google trends data for 3d week of march versus long-term average
And the total impact
of the Covid-19 will
likely be large and
long-lasting
Source: WSJ, Forbes
Chinese
sales
down 79%
EU 2020
impact
estimated
at 20%
We also see a more
qualitative online
engagement on
carjack.be
Average time
spent
+17%
Average page
views
+23%
Engagemen
t rate1
+59%
1 – People looking for a quote or a test-drive
And people are
clearly spending
time behind their
computers
10 x%
Closed dealerships are
opportunities to evolve
quicker to a more
digitized customer
journey
This can
start very
simple…
Source of example: Group Kenis, Renault/Dacia
Add online
chat
Allow for online
quotation
And the total
impact of the
Covid-19 will
likely be large
and long-lasting
By adding more functionalities, a digital journey
will be much more successful
Source of example: DEX
Add online
chat
Allow for online
quotation
Do an online
walkthrough
Add video
support
Joint online
configuration
…
DEX launched ‘safe car
shopping’ with online
walkthroughs
Source of example: Geely
In China, they are taking
the digital journey online
quickly, with multiple
brands expanding online
sales functionalities
Online buying
(Tesla approach)
At-home car
testing
Home
delivery
… Or you could really think
outside (or inside) of the box!
Carvana is a US based
‘digital’ used-car vendor
with a network of 23 self-
service vending machines
Do you want to know more? Or
discover wat carjack can do for you?
Let us know!

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Carjack - How automotive buyers and sellers are responding to a quarantine

  • 1. carjack update The impacts of a quarantine: what we’ve noticed so far
  • 2. Search intensity for cars is going down … for ALMOST all brands -52% Premium brands are less affected for now And people seem to enjoy themselves looking at dream cars… -51% -50% -49% -52% -39% -36% -34% +18% +8% Data based on google trends data for 3d week of march versus long-term average
  • 3. And the total impact of the Covid-19 will likely be large and long-lasting Source: WSJ, Forbes Chinese sales down 79% EU 2020 impact estimated at 20%
  • 4. We also see a more qualitative online engagement on carjack.be Average time spent +17% Average page views +23% Engagemen t rate1 +59% 1 – People looking for a quote or a test-drive And people are clearly spending time behind their computers 10 x%
  • 5. Closed dealerships are opportunities to evolve quicker to a more digitized customer journey This can start very simple… Source of example: Group Kenis, Renault/Dacia Add online chat Allow for online quotation
  • 6. And the total impact of the Covid-19 will likely be large and long-lasting By adding more functionalities, a digital journey will be much more successful Source of example: DEX Add online chat Allow for online quotation Do an online walkthrough Add video support Joint online configuration … DEX launched ‘safe car shopping’ with online walkthroughs
  • 7. Source of example: Geely In China, they are taking the digital journey online quickly, with multiple brands expanding online sales functionalities Online buying (Tesla approach) At-home car testing Home delivery
  • 8. … Or you could really think outside (or inside) of the box! Carvana is a US based ‘digital’ used-car vendor with a network of 23 self- service vending machines
  • 9. Do you want to know more? Or discover wat carjack can do for you? Let us know!