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Social Media for
Dealerships

Brian Fjeldsted
Director of Corporate Development
Social Dealer
SOCIALDEALER is a reputation and social media management platform
   created to help automotive dealers easily manage their social profiles,
   customer reviews, content and even engage with consumers, all
   through one centralized web application.

Using industry-leading automotive technology




                               One        Social Media
        Reputation           Software
STRATEGY FOR SUCCESS
                                                    LEAD GENERATION
                             SOCIAL MEDIA
  REPUTATION                                        •Promote
                                                    •Referrals
                            •Connect w/consumers
•Build buyers’ confidence                           •Retention
                            •Build relationships
•Get more reviews                                   •Grow sales
                            •Grow loyal fan base
•Gain public image
                            •Reach viral audience
•Share positive reviews
What is a Social Dealer?




                     CONVERT

           CONNECT

ATTRACT
Where are you?
CONVERT
CONNECT




          Why Does Reputation Matter?
ATTRACT
1: Online Reviews



In 2008, customers visited 3.6 dealers before purchasing a vehicle.
Today it is less than 1.8 dealers.




73%                Of consumers consulted
                   online dealership reviews.
                                                                Reviews are used
                                                                to eliminate dealers!

                                                                                        Source: Yahoo!
2: Reviews & Ratings are in
Your Search Results…
The Average Metro Dealer…
Reason 3:
Reviews have gone
MOBILE
where customers can
see your reviews
instantly!

Reviews are dominant
in Apple’s iOS 6 for
iPads and iPhones
Reason 4:
        REPUTATION AFFECTS LEADS

                               A 2.7 Rating
                               between two
                               5 star dealers
A SUCCESSFUL REPUTATION
STRATEGY INCLUDES:

             2. Use
1. Monitor   reviews as   3.Respond   4. Get more   5. Promote
all review   a means to   to all      positive      positive
sites        measure &    reviews     reviews       reviews
             improve




RESULTS: Get more reviews, Improve your average
rating, and drive more opportunities!
“PUBLIC CSI”
            Reputation Dashboard




     Where do you need more positive reviews to bring up
     your average?
ENTERPRISE REPORTS
Monthly Unique Visitors on Review Sites
CONVERT




                                                                                 Yelp
          30,700,000                                 20,900,000
                                                                                 Google Plus

                                                                                 Cars.com

                                                                                 Edmunds
CONNECT




                                                                                 DealerRater

                                                                                 Yahoo Local
          8,400,000
                                                                                 Yellow Pages

                                                                33,000,000
ATTRACT




            307,000
                             4,800,000
                 7,400,000

                                         Monthly Unique Visitors provided as of 8/20/12 from compete.com
Total Reviews by Review Source
CONVERT




          IS20 Group
                                        Google         Yahoo


                                 27%    Yelp           Yellowpages
CONNECT




                                        Dealer Rater

           48%
ATTRACT




                                  15%


                            4%
                       6%
Total Average Rating by Review Source
CONVERT




            5                         IS20
           4.5
            4
           3.5
CONNECT




            3
           2.5
            2
                                                               IS20
           1.5
            1
ATTRACT




           0.5
            0
                                             Yellow   Dealer
                  Google   Yahoo   Yelp
                                             Pages    Rater
           IS20    4.61    2.81    2.96      3.77      3.6
RESPOND TO REVIEWS
CONVERT




               Helpful Safety Tips

          • Respond quickly
CONNECT




          • Do not use a template response
          • Research before responding
          • Use this as an opportunity to learn and improve
ATTRACT
IN YOUR REVIEW RESPONSE
CONVERT




                 What to include:
           • Apologize
CONNECT




           • Empathize
           • How you will rectify the situation.
           • Be conversational and be personal.
           • Never attack or argue
ATTRACT




           • Restate your commitment to service
GET MORE REVIEWS
                Just Ask
CONVERT
CONNECT
ATTRACT
GET MORE REVIEWS
            In-Store Promotions
CONVERT
CONNECT
ATTRACT
GET MORE REVIEWS
                      In-Store Processes
CONVERT




          • Measure, Review, Change, Repeat
CONNECT




          • Touch Point Training

          • Inspect What You Expect
ATTRACT




          • Align Financial Recognition
Brian Fjeldsted "Social Media for Dealerships"

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Brian Fjeldsted "Social Media for Dealerships"

  • 1. Pg. 51 Social Media for Dealerships Brian Fjeldsted Director of Corporate Development Social Dealer
  • 2.
  • 3. SOCIALDEALER is a reputation and social media management platform created to help automotive dealers easily manage their social profiles, customer reviews, content and even engage with consumers, all through one centralized web application. Using industry-leading automotive technology One Social Media Reputation Software
  • 4. STRATEGY FOR SUCCESS LEAD GENERATION SOCIAL MEDIA REPUTATION •Promote •Referrals •Connect w/consumers •Build buyers’ confidence •Retention •Build relationships •Get more reviews •Grow sales •Grow loyal fan base •Gain public image •Reach viral audience •Share positive reviews
  • 5. What is a Social Dealer? CONVERT CONNECT ATTRACT
  • 7. CONVERT CONNECT Why Does Reputation Matter? ATTRACT
  • 8. 1: Online Reviews In 2008, customers visited 3.6 dealers before purchasing a vehicle. Today it is less than 1.8 dealers. 73% Of consumers consulted online dealership reviews. Reviews are used to eliminate dealers! Source: Yahoo!
  • 9. 2: Reviews & Ratings are in Your Search Results… The Average Metro Dealer…
  • 10. Reason 3: Reviews have gone MOBILE where customers can see your reviews instantly! Reviews are dominant in Apple’s iOS 6 for iPads and iPhones
  • 11. Reason 4: REPUTATION AFFECTS LEADS A 2.7 Rating between two 5 star dealers
  • 12. A SUCCESSFUL REPUTATION STRATEGY INCLUDES: 2. Use 1. Monitor reviews as 3.Respond 4. Get more 5. Promote all review a means to to all positive positive sites measure & reviews reviews reviews improve RESULTS: Get more reviews, Improve your average rating, and drive more opportunities!
  • 13. “PUBLIC CSI” Reputation Dashboard Where do you need more positive reviews to bring up your average?
  • 15. Monthly Unique Visitors on Review Sites CONVERT Yelp 30,700,000 20,900,000 Google Plus Cars.com Edmunds CONNECT DealerRater Yahoo Local 8,400,000 Yellow Pages 33,000,000 ATTRACT 307,000 4,800,000 7,400,000 Monthly Unique Visitors provided as of 8/20/12 from compete.com
  • 16. Total Reviews by Review Source CONVERT IS20 Group Google Yahoo 27% Yelp Yellowpages CONNECT Dealer Rater 48% ATTRACT 15% 4% 6%
  • 17. Total Average Rating by Review Source CONVERT 5 IS20 4.5 4 3.5 CONNECT 3 2.5 2 IS20 1.5 1 ATTRACT 0.5 0 Yellow Dealer Google Yahoo Yelp Pages Rater IS20 4.61 2.81 2.96 3.77 3.6
  • 18. RESPOND TO REVIEWS CONVERT Helpful Safety Tips • Respond quickly CONNECT • Do not use a template response • Research before responding • Use this as an opportunity to learn and improve ATTRACT
  • 19. IN YOUR REVIEW RESPONSE CONVERT What to include: • Apologize CONNECT • Empathize • How you will rectify the situation. • Be conversational and be personal. • Never attack or argue ATTRACT • Restate your commitment to service
  • 20. GET MORE REVIEWS Just Ask CONVERT CONNECT ATTRACT
  • 21. GET MORE REVIEWS In-Store Promotions CONVERT CONNECT ATTRACT
  • 22. GET MORE REVIEWS In-Store Processes CONVERT • Measure, Review, Change, Repeat CONNECT • Touch Point Training • Inspect What You Expect ATTRACT • Align Financial Recognition