www.AutomotiveDigitalMarketing.com
How To Use Objective Data to Create
Performance Plans and Compensation Models
How important is it to build a team around performance objectives that
align with a dealer’s business strategy and are reflected in both
evaluations and pay plans?
Organizational development is more important than ever before…with many dealers
losing staff while cutting costs during the depths of the recession, those that are
growing their business need effective strategies, tools and tactics for attracting,
screening and hiring the best Internet sales professionals with the greatest chance of
achieving their own personal success, as well as sales productivity for the dealership.
This session will explore organizational development strategies, recruiting, screening,
hiring and training tools as well as the materials and processes that the most
successful dealers in America have been using for years, and are being used today as
a means of increasing success in the hiring process. Ralph Paglia will share the tools
and processes he has used to build some of the most successful Internet sales
departments in America while teaching attendees what the essential "must haves" are,
and how to get them when seeking to grow your sales departments into high
performance digital marketing to sales conversion engines.
Courtesy Chevrolet in Phoenix, AZ became the
USA’s leading Internet retailer of new and certified
used Chevrolet vehicles… Human Resource
Development was the key (secret sauce) to success.
www.AutomotiveDigitalMarketing.com
90,000+ Outbound
Phone Calls / Month
www.AutomotiveDigitalMarketing.com
Document Roles & Responsibilities for All Positions
www.AutomotiveDigitalMarketing.com
www.AutomotiveDigitalMarketing.com
www.AutomotiveDigitalMarketing.com
www.AutomotiveDigitalMarketing.com
www.AutomotiveDigitalMarketing.com* July 2006 Interactive Marketing Budget
Document Pay
Plan & Bonus
Structure that
reflects taller
Internet sales
funnel
www.AutomotiveDigitalMarketing.com* July 2006 Interactive Marketing Budget
www.AutomotiveDigitalMarketing.com* July 2006 Interactive Marketing Budget
Lead Volume puts pressure on response
times as a factor of staffing levels!
www.AutomotiveDigitalMarketing.com
Top 4 Ways
to Close
More Sales
to Leads
Received
Dealer Response Attributes
Experienced by Customers within
24 hours of Submitting an Inquiry
Purchase
Respondents*
who DID
NOT
experience
the attribute
% of
Purchase*
among the
Leads who
DID
Experience
the attribute
Statistical
Correlation
Factor of
Response
attribute
with Vehicle
Purchase
#1
Make Direct Phone Contact with Customer
(after sending Email w/availability & prices) 17% 27% 11
#2 Send Price Quotes by Email to Customer 20% 27% 9
#3
Contact Customer more than once by Email
and Telephone (within First 24 Hours) 21% 25% 5
#4
Make sure Customers are either Completely or
Very Satisfied with the Lead Response 21% 24% 3
Organizational Structure Determines Process Capabilities
and Monitoring Requirements…
www.AutomotiveDigitalMarketing.com
Customer goes online
and submits Lead
Internet Sales Specialist ISS)
reviews lead, selects 4
vehicles for Price Quotes
Sends email with Quotes & Cars
BDC Staff makes initial phone call,
collects customer info, sets up an
appointment for the ISS
If no appointment, ISS
Contacts customer and seeks
appointment and/or agreement
Staffing Determines Process Execution Capabilities
and Monitoring Requirements…
Lead Process Maps
should be indexed to
email templates,
phone scripts and
word tracks so that
dealership employees
have a “paint by
numbers” guide to
what is expected when
a lead is received.
This process map
focuses on the first 12
hours after a new lead
is received.
Lead Process Maps
should contain brief
explanations for the logic
and execution tips for
employees to review
before actually using the
email templates, phone
scripts and word tracks.
Actual template
illustrations make it easy
for dealership employees
to recognize the right
template or document
when they see it in their
CRM tool.
When Lead
Process Maps are indexed to
correspondingly numbered
email templates, phone
scripts and word tracks, the
dealership is far more likely to
execute the repetitious tasks
that create customer
experiences which correlate
with higher sales closing
ratios. The best process
maps break down email and
phone contact processes into
separate flows so that they
can be executed by different
resources when scaling up
lead volumes and
organization structures.
www.AutomotiveDigitalMarketing.com
Although many car guys will say they believe in the concept of following up until
prospects either buy or die… Large scale lead generation through highly effective
marketing practices requires that scarce resources be allocated to where they will
generate the most sales. Outsourcing followup on leads that have reached a
designated status (dormant) or assigning them to alternate resources such as a BDC
will allow ISS’s to stay focused on the 50% of the leads that buy, and do so within the
first 10 days
Have a defined process for “closing out”
unsold leads
www.AutomotiveDigitalMarketing.com
LMP Scoring Index
Objective Review of
Dealership Employee Lead
responses encourages
consistency and creates a
numeric accountability –
an LMP Report Card for
Dealer or GM review…
www.AutomotiveDigitalMarketing.com
Nothing has more impact on results
than phone contact with the customer!
Outbound phone calls, ongoing phone follow-up and
responding to emails requires adequate staffing and skill levels
Telephone Process
• 85% of Web visitors who contact the dealership
before coming into the showroom, use the phone
• Direct Phone contact (after responding to an
Internet lead by email), has the greatest impact on
increasing sales closing ratios
Phone Follow-Up Sales Strategy:
• Focus on having a set of objectives in front of us,
each time we make an email follow-up call
• Word Track Forms (scripts) are used for training
and collecting customer information during each call
that is made immediately after sending personalized
email response
www.AutomotiveDigitalMarketing.com
Questions and Answers…
Ralph Paglia
Cell: 505-301-6369
RPaglia@gmail.com
www.RalphPaglia.com
Reference Links:
http://www.ADMPC.com
http://slideshare.net/RalphPaglia
http://www.hirethewinners.com/adm
http://www.Automax.com
www.AutomotiveDigitalMarketing.com
Channel
www.AutomotiveDigitalMarketing.com
“Follow All” ADM Community on
www.AutomotiveDigitalMarketing.com
Follow Us to View, Download or Embed
ADM Community Presentations
www.AutomotiveDigitalMarketing.com

3 dmsc 2013 objective data performance plans

  • 1.
    www.AutomotiveDigitalMarketing.com How To UseObjective Data to Create Performance Plans and Compensation Models How important is it to build a team around performance objectives that align with a dealer’s business strategy and are reflected in both evaluations and pay plans? Organizational development is more important than ever before…with many dealers losing staff while cutting costs during the depths of the recession, those that are growing their business need effective strategies, tools and tactics for attracting, screening and hiring the best Internet sales professionals with the greatest chance of achieving their own personal success, as well as sales productivity for the dealership. This session will explore organizational development strategies, recruiting, screening, hiring and training tools as well as the materials and processes that the most successful dealers in America have been using for years, and are being used today as a means of increasing success in the hiring process. Ralph Paglia will share the tools and processes he has used to build some of the most successful Internet sales departments in America while teaching attendees what the essential "must haves" are, and how to get them when seeking to grow your sales departments into high performance digital marketing to sales conversion engines.
  • 2.
    Courtesy Chevrolet inPhoenix, AZ became the USA’s leading Internet retailer of new and certified used Chevrolet vehicles… Human Resource Development was the key (secret sauce) to success.
  • 3.
  • 4.
    www.AutomotiveDigitalMarketing.com Document Roles &Responsibilities for All Positions
  • 6.
  • 9.
  • 10.
  • 11.
  • 12.
    www.AutomotiveDigitalMarketing.com* July 2006Interactive Marketing Budget Document Pay Plan & Bonus Structure that reflects taller Internet sales funnel
  • 13.
  • 14.
  • 15.
    Lead Volume putspressure on response times as a factor of staffing levels!
  • 16.
    www.AutomotiveDigitalMarketing.com Top 4 Ways toClose More Sales to Leads Received Dealer Response Attributes Experienced by Customers within 24 hours of Submitting an Inquiry Purchase Respondents* who DID NOT experience the attribute % of Purchase* among the Leads who DID Experience the attribute Statistical Correlation Factor of Response attribute with Vehicle Purchase #1 Make Direct Phone Contact with Customer (after sending Email w/availability & prices) 17% 27% 11 #2 Send Price Quotes by Email to Customer 20% 27% 9 #3 Contact Customer more than once by Email and Telephone (within First 24 Hours) 21% 25% 5 #4 Make sure Customers are either Completely or Very Satisfied with the Lead Response 21% 24% 3 Organizational Structure Determines Process Capabilities and Monitoring Requirements…
  • 17.
    www.AutomotiveDigitalMarketing.com Customer goes online andsubmits Lead Internet Sales Specialist ISS) reviews lead, selects 4 vehicles for Price Quotes Sends email with Quotes & Cars BDC Staff makes initial phone call, collects customer info, sets up an appointment for the ISS If no appointment, ISS Contacts customer and seeks appointment and/or agreement Staffing Determines Process Execution Capabilities and Monitoring Requirements…
  • 18.
    Lead Process Maps shouldbe indexed to email templates, phone scripts and word tracks so that dealership employees have a “paint by numbers” guide to what is expected when a lead is received. This process map focuses on the first 12 hours after a new lead is received.
  • 19.
    Lead Process Maps shouldcontain brief explanations for the logic and execution tips for employees to review before actually using the email templates, phone scripts and word tracks. Actual template illustrations make it easy for dealership employees to recognize the right template or document when they see it in their CRM tool.
  • 20.
    When Lead Process Mapsare indexed to correspondingly numbered email templates, phone scripts and word tracks, the dealership is far more likely to execute the repetitious tasks that create customer experiences which correlate with higher sales closing ratios. The best process maps break down email and phone contact processes into separate flows so that they can be executed by different resources when scaling up lead volumes and organization structures.
  • 21.
    www.AutomotiveDigitalMarketing.com Although many carguys will say they believe in the concept of following up until prospects either buy or die… Large scale lead generation through highly effective marketing practices requires that scarce resources be allocated to where they will generate the most sales. Outsourcing followup on leads that have reached a designated status (dormant) or assigning them to alternate resources such as a BDC will allow ISS’s to stay focused on the 50% of the leads that buy, and do so within the first 10 days Have a defined process for “closing out” unsold leads
  • 22.
    www.AutomotiveDigitalMarketing.com LMP Scoring Index ObjectiveReview of Dealership Employee Lead responses encourages consistency and creates a numeric accountability – an LMP Report Card for Dealer or GM review…
  • 23.
    www.AutomotiveDigitalMarketing.com Nothing has moreimpact on results than phone contact with the customer! Outbound phone calls, ongoing phone follow-up and responding to emails requires adequate staffing and skill levels
  • 24.
    Telephone Process • 85%of Web visitors who contact the dealership before coming into the showroom, use the phone • Direct Phone contact (after responding to an Internet lead by email), has the greatest impact on increasing sales closing ratios Phone Follow-Up Sales Strategy: • Focus on having a set of objectives in front of us, each time we make an email follow-up call • Word Track Forms (scripts) are used for training and collecting customer information during each call that is made immediately after sending personalized email response
  • 25.
    www.AutomotiveDigitalMarketing.com Questions and Answers… RalphPaglia Cell: 505-301-6369 RPaglia@gmail.com www.RalphPaglia.com Reference Links: http://www.ADMPC.com http://slideshare.net/RalphPaglia http://www.hirethewinners.com/adm http://www.Automax.com
  • 26.
  • 27.
  • 28.
    www.AutomotiveDigitalMarketing.com Follow Us toView, Download or Embed ADM Community Presentations
  • 29.