AutoSuccess Best Practices Summit V. Details on Page 4
                                                         October 2006
We are the smarter place to buy and sell new cars.
                                                                                                                    Were you surprised we said new?
                                                                                                                    You may not think of AutoTrader.com for new cars.
                                                                                                       But a lot of people do. In fact, three million new car shoppers
                                                                                           visit AutoTrader.com every month, and two-thirds of them will be driving
                                                                                                        home a new car within two months. With numbers like that,
                                                                                       it’s easy to see why AutoTrader.com is a great way to reach new car buyers.

                                                                                                           To reach more new car buyers, call 1-888-249-6860.




©2006 AutoTrader.com is a trademark of TPI Holdings, Inc. and is used under license.
Dear M r. Costellos,
     T ha nk you for all
 tur n y                 owing us to he
        our sales rig                        lp
                        ht  side up. I a
 ver y happ  y to hear tha                    m
 57 units                   ty   ou delivered
              with a g r o
$193,905                       s s pr o fit of
            .45. Even bet
your own                   te  r, you did it on
            without a sta
                            f fing company
T his sav  ed you $48,4                        .
you n                     7  6.36. I’ ll se
      ext month. T
                     h                        e
                       anks a gain.
If you would like to enjoy the same results
Mr. Costellos did, call Turn-Key Events, the
#1 Do-It-Yourself sales event provider.
        No Teams, No Commissions,
   Just Traffic!....and big $ in your pocket.
                           CALL FOR A FREE MARKET REPORT AND
The Driving Force Behind
                            RECEIVE A 10% QUANTITY BONUS!
  Automotive Advertising
Market Exclusive           866-665-5507
                                      Copyright © 2006 Turn-Key Events and it’s licensors.
SUMMIT V
                                                                                     BEST PRACTICES
                                                                                                                                                                                                                                            866.396.7050
                                                                                                                                                                                                                                            Experience real Case Studies
                                                                                                                                                                                                                                            that can help your dealership
                    LEADERSHIP                           •        INTERNET                       •     CRM               •       MARKETING                             •      BDC             •      SALES                                  immediately.
                                                                                                                                                                                                                                            Tuesday and Wednesday,
                                                                                                                                                                                                                                            November 7th and 8th
                                                                                                                                                                                                                                            2006, at the Venetian
                                                                                                                                                                                                                                            Resort and Hotel, Las
                                                                                                                                                                                                                                            Vegas, NV.
 Dean Evans                        David Kain                           David                           Chip Perry                     Ralph Paglia                          Dale Pollak                       Phil Sura
   Vice President, Field         President, Kain Automotive            Thomas                            CEO and President,            CRM/eBusiness Director,
                                                                                                                                         Courtesy Chevrolet
                                                                                                                                                                           Co-founder and Chairman,        VP of Automotive Division,       Dealers & Managers Only!
   Marketing, The Cobalt        Inc. Internet & BDC Training       Owner, Subaru of Dallas                AutoTrader.com                                                         mPower Auto                  UnityWorks Media
          Group                           Specialist                                                                                  Case Study: How Courtesy

        You will learn:                 You will learn:
                                                                  Case Study: How I lowered
                                                                  my advertising expense and
                                                                                                      Internet Advertising Best
                                                                                                              Practices
                                                                                                                                       Chevrolet’s business and
                                                                                                                                       CRM teams grew to over
                                                                                                                                                                            Gamble in Vegas, don’t
                                                                                                                                                                           gamble with your used car
                                                                                                                                                                                                                   You will learn:
                                                                                                                                                                                                            - About the repositioning of
                                                                                                                                                                                                                                            Two days of intense
  - Internet Marketing that
generates high-quality leads
                                    - Mapping out the best
                                    Internet sales process
                                                                  increased my market share
                                                                                                             You will learn:
                                                                                                                                      400 vehicle sales per month

                                                                                                                                             You will learn:
                                                                                                                                                                                  inventory                    automotive advertising
                                                                                                                                                                                                           - How the traditional 50 year
                                                                                                                                                                                                                                            learning. Dramatically
      - Maximizing lead
 generation from your Web
                                  - E-mail templates for the
                                  best short and long-term
                                                                         You will learn:
                                                                   - About ‘Mooch Marketing’
                                                                                                     - How AutoTrader.com’s top
                                                                                                     performing dealers get their
                                                                                                                                        - How to grow your CRM
                                                                                                                                           and Internet teams
                                                                                                                                                                                  You will learn:
                                                                                                                                                                              - How to improve your
                                                                                                                                                                                                             approach to advertising is
                                                                                                                                                                                                              changing, and were it is      improve your results.
             site                       communication             - Ways to advertise for free             outstanding results           - What to measure, and            used vehicle volume, gross                  heading
   - Maximizing third-party     - Phone script elements that       -Low-cost marketing ideas           - Take home examples of          how to collect the data...                   and age                - How video content makes
       automotive sites
- Metrics that matter: Focus
                                turn leads into appointments
                                    - Recruiting, hiring and
                                                                         that get noticed
                                                                  - How to run events that get
                                                                                                     effective merchandising you
                                                                                                               can put to
                                                                                                                                        Performance metrics that
                                                                                                                                                  matter
                                                                                                                                                                           - How to improve everyday
                                                                                                                                                                            decisions that affect your
                                                                                                                                                                                                          it easier for the Internet team
                                                                                                                                                                                                            to “harvest Web site leads”
                                                                                                                                                                                                                                            Limited Seats,
  on return on investment         compensating for results                 you noticed
                                                                      - How to generate car
                                                                                                             immediate use
                                                                                                                                       - Create a true CRM Profit
                                                                                                                                                  Center
                                                                                                                                        - Manage your own SEM
                                                                                                                                                                              volume, gross and age
                                                                                                                                                                             - How to understand the
                                                                                                                                                                                                           - The opportunities available
                                                                                                                                                                                                                with video streaming
                                                                                                                                                                                                                                            Register Today!                        Wow! I was hoping to gain at least 5 new ideas to take our Internet sales to the next level. I had more
                                                                   reviews in your local paper                                          and online ad campaigns              changes responsible for                                                                               than 5 the very first day.
                                                                                                                                      - Use your BDC as a safety              profit margin pressures
                                                                                                                                        net for the Internet sales
                                                                                                                                                   team
                                                                                                                                                                                                                                            Case studies from                      The thing I liked best was the people. The sharing of information during breakfast and lunch was just
                                                                                                                                                                                                                                                                                   as helpful as the quality presentations. Great people who work hard and play hard...after all it was Las
                                                                                                                                                                                                                                            successful dealerships                 Vegas. I enjoyed the casual and professional environment and the opportunity to visit with 15 vendors in
                                                                                                                                                                                                                                                                                   between speakers.
                                                                                                                                                                                                                                            across the country.                    “What happens in Vegas goes back to Texas”. I met with my Internet team of 10 professionals and started
                                                                                                                                                                                                                                                                                   to implement ideas on Saturday afternoon.
                                                                                                                                                                                                                                                                                   This was my first Summit and I hope I can come again in November!
                                                                                                                                                                                                                                            Classroom style seating                Great Show....Fabulous Ideas!!! Thanks.
                                                                                                                                                                                                                                            only $595. Special                     Joe Healy, Internet Director at Lawrence Marshall Dealerships 979-826-7103
                                                                                                                                                                                                                                            Venetian room rates for
    Sean                          Roy Reutter                     Scott Joseph                        Mark Tewart                       Tony Rimas                         Mike Parsons                   Robert Basha                      $209 per night, while
  Wolfington
  Owner, BZResults.com
                                    Sheehy Auto Stores                 President & CEO,
                                                                      J&L Marketing, Inc.
                                                                                                          President, Tewart
                                                                                                             Enterprises
                                                                                                                                             Red McCombs                      eCommerce Director,
                                                                                                                                                                            Asbury Automotive Group
                                                                                                                                                                                                                   Co-founder,
                                                                                                                                                                                                                 Auction123, Inc.
                                                                                                                                                                                                                                            they last.
                                 Case Study: Sheehy.com                                                                                 Case Study: Grow your
                                                                       Case Study: New                        You will learn:                                                                                  Case Study: How
 Case Study: How to use          increases leads from 400                                                                             Internet department through             Growing your sales or                                         Speakers and times subject to change
                                                                  marketing strategy focuses         - How to engage customers
                                     - 2400 per month                                                                                                                                                        Auction123 rolled out a
BDC/Internet departments                                          on steady long term growth.          intelligently while learning    a defined process, efficient           yourself: Understanding the
                                                                                                        how traditional “meet and                                                                            new thinking in Internet
to sell 100 - 500 extra cars                                       Dealership’s market share                                              staffing, and strategic           “why” is more important than
                                          You will learn:                                                  greet” strategies can                                                                              management and re-
          a month.                                                 increases from 8% to 32%                                                    advertising                            the “how.”
                                     - How to increase leads                                                    reduce sales                                                                               marketing. Streamline your
                                                                   and grows net profits from                 - How to increase
                                   and sales volume without                                                                                                                                                 inventory, 3rd party lead
          You will learn:                                         $170,000 to over 2.2 million                                                 You will learn:
                                                                                                       professionalism, write-ups                                                                            generating sites, eBay,
- How to set up a successful        increasing lead expense                                                                             - How to structure and staff
                                                                        in just two years               and sales by eliminating
  BDC/Internet department        - Improve sales and reduced                                                                                                                                               and your Web site into one
                                                                                                          “Deal Killer” questions       low volume or high volume
  - Use the Web to promote      cost per sale at the same time            You will learn:                  - How to define and                                                                                 management solution
                                                                                                                                            dealership locations
      all your profit centers        - Improve profitability by      - A growth strategy to grow        implement 5 universal laws      - Create a process to support
     - Use the Web to drive     improving the quality of leads       your profit a minimum of                that increase sales                                                                                   You will learn:
                                                                                                                                         your customers and staff
                                      through your own site                33% per year                  - How to improve gross                                                                               - How to simplify all of
  showroom & phone traffic                                                                                                                         efficiently
                                 - Increase closing ratios and     - New promotions strategy             profits by implementing                                                                             your Internet re-marketing
 - Sell old stock, vehicles &                                                                                                             - Increase ROI through
                                                                                                              better proposals
          parts inventory           average gross profit with         using personalized Web                                                                                                                outlets into one Web based
                                                                                                       - How to reduce customer        inventory selection and lead
   - Use e-mail marketing to            profit improvement              pages and direct mail                                                                                                                  management software
                                                                                                       conflict and increase sales                 allocation
   drive more traffic for zero        - Sell old stock units via   - How to increase your floor            and gross profit through                                                                            - Maximizing eBay Motors’
                                                                                                                                             - Streamline online
                cost                          the Web               traffic during your slowest           better handling of price,                                                                           potential with a seamless
                                                                                                                                      advertising to maximize Web
                                                                         days of the week            payment and negative equity                                                                                      solution
                                                                                                                 objections                    site conversion
                                                                                                                                                                                                          - A new outlook on marketing
                                                                                                                                                                                                               your vehicles online




Call today to register. Seating is limited.                                                          toll free: 866.396.7050                                         web: www.autosuccessonline.com
Making the Most of Change
                                                                                                                                                                                                          8            BrianTracy

                                                                                               Increase Your Effectiveness With Clients
                                                                                                                                                                                                         10            TomHopkins

                                                                                                Selecting the Right Fuel for Your Engine
                                                                                                                                  Maximizing Search Engine Performance
                                                                                                                                                                                                         12            SeanWolfington

                                                                        The Wisdom of Wealth and Other Money Lessons
                                                                                                                                                                                                         14            MichaelYork

                                                                                                            Key Performance Indicators, Part 3
                                                                                                                                                                                                         16            HeatherConary

                                                                                                            8 Points of Action to Increase Sales
                                                                                                                                                                                                         18            DavidThomas

                                                                                                       The Power of a Genuine Compliment
                                                                                                                                                                                                         19            JeffMorrill

                                                              Five Keys to Successful Automotive Marketing, Part 2
                                                                                                                                                                                                         20            JimmyVee & TravisMiller

                                                                                  Complete Sales Freedom in Two Years or Less
                                                                                                                                                                                                         22            MarkTewart

                                                                                                    Multi-Channel Approach to Marketing
                                                                                                                                                                                                         23            SunnyKnocke

                                                                                                                                      Search Engine Marketing
                                                                                                                                                                  Is It Right for You                    26            MikeParsons

                                Don’t Try to Convince Someone to be the Internet Sales Manager
                                                                                                                                                                                                         28            DavidKain


                                                                              Personalize Communication to Better Reach Your Customers
                                                                                                                                                                   Video E-mail:
                                                                                                                                                                                                         30            JasonPrice

                                                                                                            Investing the Fundamentals, Part 4
                                                                                                                                                                                                         31            TimShea

                                                                                                      Managing Your Employees With Your
                                                                                                               Nonverbal Communication                                                                   32            PattiWood

                                                                                                                              Accelerate Your Advertising
                                                                                                                                    Asking Customers the Right Questions
                                                                                                                                                                                                         36            AllenCheek

                                                                                   A Disciplined Market Plan Works Every Time
                                                                                                                                                                                                         37            MikeNichols

                                                                                                                                                               King of Service
                                                                                                                                                                                                         38            JesseBiter

                                                                                                                                       The Seeds of Leadership
                                                                                                                                                                                                         39
                         12
                                                                                                                                                                                                                       SeanWolfington

                                                            Scott’s Individualized Consultation Transcripts, Part 4
                                                                                                                                                                                                         40            ScottJoseph

                                        Avoiding Regulatory and Compliance Attacks in Sales and F&I
                                                                                                                                                                                                         42            CharlesArrambide

                                                                                                                                                        Always Ask ‘Why’
                                                                                                                                                                                                         43            TonyDupaquier



                                                                                                                                                          Patrick Luck, Editor & Publisher                                      Courtney Paris, Sales-improvement Strategist
                                                                                                                                                          luck43@sellingsuccessonline.com                                       courtney.paris@sellingsuccessonline.com
                                                                                                                                                          Susan Givens, Vice President                                          Brian Ankney, Sales-improvement Strategist
                                                                                                                                                          sgivens1@sellingsuccessonline.com                                     super6@sellingsuccessonline.com
                                                                             3411 Pinnacle Gardens Drive                                                  Thomas Williams, Creative Director                                    Brian Balash, Sales-improvement Strategist
                                                                             Louisville, Kentucky 40245                                                   design@sellingsuccessonline.com                                       bb11@sellingsuccessonline.com

                                                                             toll free: 877.818.6620                                                      Dave Davis, Creative Strategist & Editor                              Charlie Tierney, Sales-improvement Strategist
                                                                                                                                                          ddavis@sellingsuccessonline.com                                       cpt2@sellingsuccessonline.com
                                                                             facsimile: 502.588.3170
                                                                                                                                                                                                                                Toni Stephens, Sales-improvement Strategist
                                                                             web: www.SellingSuccessOnline.com                                                                                                                  tstephens@sellingsuccessonline.com
                                                                             helping to promote...
                                                                                                                                                                   Matthew 6:33
                                                                                                                                                                   “But seek first His kingdom and His righteousness, and all these things will
                                                                                                                                                                   be given to you as well.”
                     God is the source of all supply

AutoSuccess Magazine is published monthly at 3411 Pinnacle Gardens Drive, Louisville, Kentucky, 40245; 502.588.3155, fax 502.588.3170. Direct all subscription and customer service inquiries to 877.818.6620 or info@autosuccessonline.com. Subscription rate is $75 per year.
AutoSuccess welcomes unsolicited editorials and graphics (not responsible for their return). All submitted editorials and graphics are subject to editing for grammar, content and page length. AutoSuccess provides its contributing writers latitude in expressing advice and solutions;
views expressed are not necessarily those of AutoSuccess and by no means reflect any guarantees. AutoSuccess accepts no liability in respect of the content of any third party material appearing in this magazine or in respect of the content of any other magazine to which this
magazine may be linked from time to time. Always confer with legal counsel before implementing changes in procedures.© All contents copyrighted by AutoSuccess Magazine, a Division of Systems Marketing, Inc. All rights reserved. Reproduction in
whole or part is prohibited without express written consent from AutoSuccess. AutoSuccess may occasionally make readers’ names available to other companies whose products and/or services may be of interest; readers may request that
names be removed by calling 877.818.6620. Printed in the USA. Postmaster: Send address changes to AutoSuccess Magazine, 3411 Pinnacle Gardens Drive, Louisville, Kentucky 40245.
sts    fos     ls    ms     sf    fis
                                                                                                                                  BrianTracy
   sales and training solution




                          Making the Most of Change
                     To deal with change,          is simply to accept the change as a reality.      unexpected change or setback? As you begin
                     perhaps the most              Acceptance is the opposite of rejection or        thinking of all the things you can do, you are
                     valuable         quality      resistance. Acceptance keeps your mind calm       adjusting your mind to the new information
                     you can develop is            and positive. The minute you accept that a        and preparing to take steps to deal with the
                     flexibility. Form the          change has occurred and that you can’t cry        change effectively.
                     habit of remaining            over spilled milk, you become more capable
open-minded and adaptable to new                   of dealing with the change and turning it to      The final part of this four-step method for
information and circumstances. When things         your advantage.                                   dealing with change is to improve on the
go wrong, as they sometimes will, instead                                                            existing situation. Often, a change signals
of becoming upset or frustrated, practice          One of the best ways to deal with the worry       that your plans are incomplete or that you
looking into the change or reversal for the        that is often generated by unexpected             might be heading in the wrong direction.
opportunity or benefit it might contain.            changes is to sit down and answer, on paper,      Serious changes, which seemingly create
                                                   the question: “What exactly am I worrying         real problems, are often signals that you are
Superior men and women are invariably              about?”                                           on the wrong track. There is an old saying,
those who remain calm and keep their wits                                                            “Crisis is change trying to take place.” If,
about them amid unexpected turbulence.             In medicine, it is said that accurate diagnosis   instead of resisting change, like a pine tree
They take a deep breath, relax and assess the      is half the cure. When you sit down and           that snaps in a strong wind, you bend with
situation objectively. They keep themselves        define a worry situation clearly on paper, it      change like a willow tree, you will often find
calm and unemotional by asking questions           suddenly becomes less stressful to you and it     that the change is a healthy and positive step
and seeking information when things don’t          will often resolve itself. In any case, when it   toward achieving your goals.
work out as they expected. For example, if         is clearly defined, you have diagnosed it, and
someone doesn’t fulfill a commitment, or if         you can now do something about it.                W. Clement Stone, the founder of Combined
a sale is canceled or fails to go through, they                                                      Insurance Company of America, is famous
keep their minds clear and steady by asking        The second step is to ask yourself, “What         for his attitude of being an “inverse paranoid.”
questions, such as “What exactly happened          is the worst possible thing that can happen       He is convinced that everything that happens
in this situation?” They deal with change          in this worry situation?” Much worry and          is part of a conspiracy to help him to be more
by focusing on getting the facts before            stress comes from the refusal to face what        successful. Whenever something unexpected
responding. They develop the ability to cut        might happen as a result of your difficulty or     occurs, he immediately says, “That’s good,”
through the confusion and ask questions such       problem. When you clearly define the worst         and then looks into the situation to find out
as “Why did this happen? How did it happen?        possible outcome and write it down next to        exactly what is good about it.
How serious is it? Now that it has happened,       the definition of the problem, you will find
what are the various things we can do?”            that whatever it is, you can handle it. Often     The mark of a superior person is “tolerance for
                                                   your worries will begin to evaporate as soon      ambiguity.” This simply means that you have
The critical issue in dealing with change is       as you have clearly determined the worst that     the capacity to deal effectively in a rapidly
the subject of control. Most of your stress and    might happen as a result.                         changing situation. The higher up you go -
unhappiness comes as a result of feeling out                                                         the greater your income and responsibilities,
of control in a particular area of your life. If   Now decide to accept the worst possible           the higher your status and position - the faster
you think about the times or places in which       outcome should it occur. Mentally resolve         the rate of change will be around you. At
you feel the very best about yourself, you         that even if the worst possible consequences      every stage, it will be your ability to function
will notice that you have a high degree of         ensue from this situation, it will not be the     with calmness, clarity and quiet assurance
control in those places. One of the reasons        end of the world for you. You will accept it      that will mark you as the kind of person who
you like to get home after a trip is that after    and carry on. In fact, it could probably be       is going places in life. In the final analysis,
you walk through your front door, you feel         a lot worse. The very act of accepting the        your ability to perform effectively in a world
completely in control of your environment.         worst possible outcome completes the cycle        of ongoing change is the true measure of
You know where everything is. You don’t            of eliminating from your mind the stress and      how well-developed a person you really are.
have to answer to anyone. You can relax            anxiety associated with the situation.            And the keys are to accept change, adjust to
completely. You are back in control.                                                                 change, improve upon change and move on
                                                   You are now ready for the third step              to the next situation. As you continue to do
With a clear idea of where you’re going and        in dealing with change, and that is to            this, you will have such a wonderful feeling
what you want to accomplish, you develop           adjust your behaviors and actions to the          of self-control and self-determination that
resilience, which is the ability to bounce back    new situation. Ask yourself, “What are all        your whole life will be bright and positive,
rather than break. You develop what is called      the things I can do to make sure that the         and so will your results.
the “hardy personality” and become the type        worst possible outcome does not occur?”
of person who is resistant to the negative         Sometimes we call this damage control. In
emotions that affect people who have no            business schools, this is an important part of    Brian Tracy is the chairman and CEO
goals or direction.                                decision making, and it is called the mini-max    of Brian Tracy International. He can be
                                                   regret solution. What can you do to minimize      contacted at 866.300.9881, or by e-mail at
The first step in dealing with any change           the maximum damage that can occur from an         btracy@autosuccessonline.com.


  8                                                                                                     www.sellingsuccessonline.com
Introducing Dealix’s Used Car
         Advertising and Leads Program




                Call Dealix today at (800) 717-8079, or visit www.dealix.com.




Dealix Drives Success.
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                                                                                                                               TomHopkins
   sales and training solution


                                                    Increase Your
                                        Effectiveness With Clients
                       The        power       of    the chances they’ll say “yes” to you:             Evasive Ed is “follow-up” - follow-up until
                       subconscious messages                                                          he buys or dies.
                       is very serious business.    First, imply in both word and movement that
                       All of us in selling         you’re “on their side.” If you’re meeting in      Next is Griping Greg. Greg always has a
                       should be concerned          person, stand slightly beside them, rather        problem or a complaint. It might be about
                       about perceptions on         than face-to-face. If you’re on the phone or      your product, his company or even something
both sides of selling situations. We must pay       using written word, imply the following: “I       in his personal life. He just needs to have
attention to how others perceive us from the        understand how you feel,” or, “I’ve been in       someone listen to him. He may drag out the
very first contact whether it’s in person, via       that situation myself,” as long as it’s true.     sales process just to have you continue to be
voice, or by the written word. The message          This adds a feeling that you’re a confidante or    his shoulder to cry on. Be pleasant, but try
you send can very easily be different than the      friend, rather than the enemy sales person.       to keep the conversation about business. A
one you want to transmit.                                                                             good tactic with the Gregs of the world is
                                                    If there is a major height difference             to contact them just prior to lunch or at the
UCLA did a study on the initial impression          between you and the parties involved, it’s        end of their day. Greg will be eager to move
clients had of a sales person to whom they          oftentimes better not to discuss salient          on to something else and not drag out the
later said “yes.” In the study, 10,000 product      points of the transaction until you are both      conversation with his woes.
purchasers were asked: “Thinking back to            seated because looking up or down at a
when you said ‘yes’ to the representative,          person is uncomfortable. In long-distance         Our next personality, Anna List, knows
what were the reasons that you did? What            communications, pay attention to their            exactly what she wants. She’ll ask for a lot
comes to mind?” The answers might surprise          vocabulary. Try to match their level, rather      of information and analyze every detail. She
you.                                                than talking down to them or using words          will hold you accountable for every syllable
                                                    that are too casual for the situation.            you utter. With her, you must under-promise
Seven percent of those 10,000 people                                                                  and over-deliver.
said “yes” because of the representative’s          It’s also critical to understand that you’re
product knowledge. Thirty-eight percent             going to do business with people who have         Finally we meet Domineering Donna.
said “yes” because of voice quality and the         certain personalities. Not everyone will be       Domineering Donna may not give you all the
words they used. However, 55 percent said           like you, your friends or relatives. So you       information you need, but will expect, since
“yes” because of the first impression - the          need to learn how to recognize the various        you are the so-called expert, that you will
way the sales people walked in and carried          personality types and how to work with them       know what she needs. With Domineering
themselves. They had an air of confidence            most effectively. I’m going to define some         Donna we question, question, question and
about themselves that inspired the client to        personalities here as men and women, but          then write down the details. You must be a
trust this person as an expert in their field.       please understand that the description isn’t      real note taker with Domineering Donna.
                                                    gender specific.                                   Working with the facts and not letting her
It’s so important that you realize that the                                                           bully you will be the name of her game.
moment clients first see you they start              The first person we are going to discuss is
emotionally evaluating you. A lot of this is        Believing Bart. Believing Bart possibly has       Selling is a fun game…when you let it.
done on a subconscious level. They’re not           had a very positive past experience with your     Challenge yourself to send exactly the
sitting there thinking, “He’s slouching - he        company. He believes your company can get         messages you desire in both word and action.
must be having an off day,” or, “Her clothes        the job done for him, but you will still need     Then, work on seeing how quickly you can
are wrinkled - how prepared can she be to           to prove your personal competence.                classify each client you meet and work to
help me?”                                                                                             serve their needs in the manner they will best
                                                    The second type is Evasive Ed. Ed has such        respond to.
It’s much more subtle than that. It’s their         a powerful fear of making a bad decision that
reaction to your body language, your voice          he will put it off as long as possible. He will
                                                                                                      World-renowned master sales trainer Tom
or how you use the written word.                    cancel appointments, and avoid returning          Hopkins is the chairman of Tom Hopkins
                                                    your calls, but has a definite need for your       International. He can be contacted at
Here are some simple nuances you can                services. So we must be very persistent with      866.347.6148, or by e-mail at
incorporate into your selling style to increase     Ed. The key phrase for working with an            thopkins@autosuccessonline.com.




                                                   October 24th & 25th - Irvine, CA




  10                                                                                                     www.sellingsuccessonline.com
fs    feature solution
                                                                                                                       SeanWolfington

                                                                                                                                                     directories. SEO is sometimes offered as a          period. Look to your provider for a tool that    strategies in this fast-paced and ever-evolving


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                                                                                                                                                     stand-alone service, or as a part of a larger       can provide this information.                    world of technology can ensure strategic
                                                                                                                                                     marketing effort, and is essential in the initial                                                    Web site listings ahead of your competitors.
                                                                                                                                                     development and design of a site.                   Success: The Fuel of the Future                  It’s all about maximizing performance to


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                                                                                                                                                                                                         Red McCombs Auto Group in San Antonio,           generate desired results - higher revenue at
                                                                                                                                                     Pay-Per-Click (PPC)                                 Texas has found the right fuel mixture for       lower costs.
                                                                                                                                                     Pay-per-click advertisements are text ads           their search engine strategy. The boom began
                                                                                                                                                     strategically placed near search results.           when Red McCombs brought on a Search             Sean Wolfington is the general manager
                                                                     Maximizing Search Engine Performance                                            These ads generate immediate on-line traffic
                                                                                                                                                     to your Web site. When a visitor clicks on
                                                                                                                                                                                                         Engine Marketing company for consultation
                                                                                                                                                                                                         and implementation of a new SEM strategy
                                                                                                                                                                                                                                                          of BZResults.com. He can be contacted
                                                                                                                                                                                                                                                          at 866.645.7730, or by e-mail at
                                                                                                                                                     the advertisement, the dealership is charged        that included a new high-tech Web site, a        swolfington@autosuccessonline.com.
                                                                                                                                                     a small amount. PPC allows your text or             Search Engine Optimization program, and a
Are you getting maximum performance               marketing initiatives like OEM incentives         A standard SEM package should include a          image ads to appear among search results as         fully automated and measurable CRM tool to
from your Search Engine Marketing (SEM)           and rebates. Your SEM consultant should           commitment to continual research, search         “sponsored links,” “featured listings” or “paid     handle all of customer needs and follow-up.
strategy that drives traffic leads and increases   possess a vast working knowledge of the           engine positioning and submission of your        ads.” Hiring a professional with experience in      The results were immediate, and sales have               RED McCOMBS SUCCESS
sales? If not, it’s time for a pit stop to give   automotive industry, and must have a strong       highly optimized Web site to directories.        the automobile industry to direct and manage        now skyrocketed by 500 units per month.            Since implementing their new SEM
your search engine strategy a boost with some     level of experience in contending online for      An SEM package should always include the         your Pay-Per-Click campaign, rather than            The Web site www.RedMcCombs.com has                strategy, Red McCombs has...
high performance fuel. An effective online        competitive automotive search terms within        use of Pay-Per-Click campaigns, targeted         tackling this mundane task yourself, will           proven its success by taking the dealership to      • Increased sales by 500 units per
marketing strategy will drive significantly        different markets. When selecting the right       dealership keywords and customized               ensure an effective campaign with up to 100         a new level, and has earned Red McCombs               month.
more traffic and profits to your dealership’s       firm to partner with, consider credentials         keyword phrases for the site to increase         times more keywords. Resources available to         the 2005 eDealer of the Year Award.                 • Increased gross profit from $60K to
sales, finance and service departments by          and performance results based on successful       visibility. Also, highly integrated diagnostic   professionals generate targeted keyword lists                                                             over $750K per month
transporting potential customers directly into    implementation of marketing strategies with       tools and reports should be included to assess   leading to higher click-through rates, a better     The eBusiness staff and the entire                  • Increased CSI and customer loyalty
your dealership with a click of the mouse.        other dealers.                                    any campaign’s effectiveness.                    quality score and lower keyword count. The          management team are excited about the               • Increased closing ratio from 3
                                                                                                                                                     result is more targeted traffic to your site at a    continued progress for 2006. Red McCombs              percent to 19 percent
Check Engine Light On                             It is beneficial to select a partner who employs   What does all that mean and how will your        relatively low price, because your budget is        is now turning over 25 percent of their             • Increased profits while reducing cost
Is your dealership’s Web site appearing ahead     Google AdWord professionals, since Google         dealership benefit from an SEM program?           being continually and effectively managed.          Internet leads into showroom visits, and              to under $200 per unit sold
of your competitors’ sites when interested        is the most widely accessed engine, utilized      With literally millions of automotive                                                                over 75 percent of those visits into sales.         • Awarded 2005 eDealer of the Year
buyers in your region search the Web for          by over 80 percent of all Internet users. These   Web sites available to choose from, most         Additives                                           And the great news gets even better…Red
information? With more than 300 million           experts have passed a demanding exam, as          consumers rely on search engines to find          Supplement your high-performance SEM                McCombs is increasing sales and profits
online searches per day, the popularity of        well as proven their proficiency by managing       services to meet their specific needs. Proper     program by injecting your own marketing             while decreasing costs per unit by up to 50
the Internet only magnifies the necessity of       Google AdWord campaigns for clients for a         SEM execution ensures a strategic Web site       extras. Your staff can boost the efficiency of       percent.
implementing and maintaining an up-to-            minimum of three months. Qualified Google          listing ahead of competitors. Most consumers     your marketing strategy and increase traffic
date SEM strategy. With research indicating       AdWord professionals can effectively design       do not search by dealership name; they search    to your dealership’s site by simply making          Many dealerships claim that SEM is now
that up to 86 percent of Web sites are found      and manage the most efficient solution for         by specific vehicle models or geographical        the dealership URL address more visible in          their best online marketing investment. As a
through the use of search engines, and over       their clients.                                    boundaries. So when an interested consumer       your traditional advertising media.                 result, auto dealers continue to shift budgets
half of retail consumer searches performed                                                          sits at his computer surfing the Web for                                                              from traditional advertising media to digital
on Google are automotive in nature, your          There are also firms which are not “full           a particular model in your area, can your        Compliment your SEM with reporting                  marketing strategies, third-party lead-
dealership should be geared to capitalize on      service.” Many appear to have vast                dealership be easily found?                      mechanisms that provide the ability to              generation sites and other Web marketing
your fair share.                                  offerings, but only provide basic link                                                             generate analysis reports to help you               programs. It’s impossible to ignore the
                                                  building campaigns. For example, some             Search Engine Optimization (SEO)                 measure and improve the effectiveness of            results.
Last year more than $400 million was              only offer submissions of your site to various    Search Engine Optimization is a fundamental      your SEM efforts by identifying exactly
spent by local businesses for Search Engine       directories, exchanging links with other sites    part of any online marketing plan. SEO is        which search engines and phrases are paying         The awesome advances of Internet marketing
Marketing, but this is a mere drop in the         and establishing other links that point to your   primarily concerned with advancing the           off. A beneficial aspect of a successful SEM         have given birth to a whole new realm of
bucket compared to $2.7 billion forecasted        site. Be careful when making your selection,      goals of a Web site by improving the position    program is the ability to track and measure         advertising for dealerships. Consult
by eMarketer for 2007. Online marketing           because with so many offerings available, it      of its organic search results for a wide         search engine referrals beyond the initial          with a qualified SEM specialist to
expenditures are up 134 percent, according        is easy to be misled by a complicated and         variety of relevant keywords. SEO programs       click-through to the dealership sites. It is        determine the best options for
to a recent report by the Internet Advertising    confusing process.                                are geared toward long-term objectives           equally important to be able to track your          maximizing the performance
Bureau, and auto dealers continue to shift                                                          of increasing both the number and quality        dealership sale conversions, as measured by         of your Search Engine
budgets from traditional advertising to           Choosing the Right Grade of Fuel                  of visitors to your dealership’s Web site        additional revenue, average sale value and          Marketing        strategy.
Internet marketing programs.                      At the pump, a number of fuel grades and          through results offered on the search engine     total sales generated during a given time           Effective         SEM
                                                  additives are available to enhance the
Consult the Owner’s Manual                        efficiency of your engine. Just like choosing
Like referring to the Owner’s Manual to find       the right fuel to maximize the performance
information on maximizing the performance         of your automobile engine, various strategies
of your engine, consulting a qualified SEM         for maximizing search engine results need to
professional is crucial to the success of your    be reviewed. Which ones are right for you?
online marketing strategy. An important
factor to consider when choosing the right        Search Engine Marketing (SEM)
fuel to develop and drive your strategy is        Search Engine Marketing is the latest
selecting a consultant that possesses solid       phenomenon in the world of digital
automotive credentials. Many search engine        marketing. The term SEM is used to describe
marketing firms make promises, but are             the range of marketing techniques required
unable to deliver satisfactory results because    to make an automotive Web site visible on
they lack the basic knowledge of trends           search engines and directories.
that drive successful online automotive


     12                                                                                                www.sellingsuccessonline.com
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                                                                                                                             MichaelYork
                                                    sales and training solution



                                                                             The Wisdom of Wealth
                                                                           and Other Money Lessons
                                                                     Making Money: It’s           If you’ve already passed one of these
                                                                     what most people work        milestones, there’s still time to invest in YOU.
                                                                     for, say they want, and      Your time, your study, and your money; it’ll
                                                                     it’s the closest thing to    pay off in a big way.
                                                                     a goal most individuals
                                                                     will ever get to in their    How Can YOU THINK differently?
                                                 lives. But “making money” is illegal, unless     That’s the challenge. You can think
                                                 you work for the government.                     differently by asking better questions and
                                                                                                  find bigger answers.
                                                 The mint makes money. You and I
                                                 exchange.                                        Let’s start with this question: What does it
                                                                                                  mean to “be rich?” There’s great thinking
                                                 We exchange our time, our talents, our skills,   and instruction on this one, going all the
                                                 and our services - something of value - for      way back to Napoleon Hill’s classic “Think
                                                 compensation.                                    and Grow Rich,” to the more recent “Rich
                                                                                                  Dad, Poor Dad” series of books by Robert
                                                 We trade value that the marketplace, and         Kiyosaki.
                                                 individuals in it, will gladly pay for. Money
                                                 is something we attract by the person we         It’s classic wealth wisdom. It’s the cold
                                                 become. Value is something we create to          mountain stream in a sea of “money-
                                                 receive payment from the marketplace.            making-get-rich-quick” books and tapes and
                                                                                                  infomercials.
                                                 Create Value.
                                                 How are you creating value where you             In Hill’s book, he discusses several ways of
     you are his cure                            work? What are you exchanging your time          becoming “rich,” and allows you to choose
                                                 for every day?                                   the one that you can live with, and the ones
                                                                                                  you can live without. It will challenge you as
                                                 When you create value, you can trade it          a reader and a student.
                                                 for bigger rewards. That’s what happened
                                                 centuries ago when trappers trapped and          To replace poor thinking and strategies with
                                                 farmers farmed and hunters hunted, and then      rich ones - the ingredients in becoming
                                                 exchanged what they could do potentially         wealthy are readily available, and even more
                          Juvenile   Diabetes    better than anyone else in the marketplace       readily available to any of you reading this
                                                 for other goods, or, yes, even cash.             living in America, the richest country - and
                          affects    millions
 Mary Tyler Moore
                                                                                                  marketplace - in the world.
 International Chairman   and causes long-       Cash flows (that’s why it’s called “cashflow”)
 term complications like blindness               when value is exchanged. Create greater          No matter where we are in our journey, most
                                                 value with your time. The marketplace will       of us still need to be reminded from time
 and kidney failure. Not to mention
                                                 notice and write you bigger checks. And you      to time about the fundamentals of thinking
 pain and worry no kid should have               won’t keep looking for some shortcut that        richly. It’s uncommon thinking. Though
 to live with. But we’re closer than             turns into a detour when it comes to your        there are many teachers, and many lessons
 ever to a cure. Your help makes life-           better future.                                   that have been around for hundreds, even
                                                                                                  thousands, of years, we have become the
 saving             research         possible.
                                                 Think personal development, and think            kid in the candy store in the land of instant
 Call 1.800.533.CURE or visit                    about this: According to the U.S. Census         gratification.
 www.jdrf.org.                                   Bureau, here’s about how much money you
                                                 can expect to “make” in your lifetime with       Debt is public enemy No. 1. Debt is marketed
                                                 the following degrees:                           to us daily. And contrary to popular thinking,
                                                                                                  debt in and of itself is not bad. Actually,
                                                       •    High School Diploma:                  there’s good debt and bad debt. Money
                                                            $1,100,000                            works. And it works better with leverage.
                                                       •    Bachelor’s Degree:                    But how many people actually understand
                                                            $2,100,000                            good debt and leverage?
                                                       •    Master’s Degree:
                                                            $2,500,000                            Many people say they want or wish for
                                                       •    Doctorate:                            things to be better, but they never take action
                                                            $4,400,000                            to become better in their thinking or working


14                                                                                                   www.sellingsuccessonline.com
continued

or investing. Wanting and wishing are             Working at a job is not one of the principles
common; seeking wisdom and taking action          of the wealthy, at least not for arriving there
are uncommon.                                     or accumulating wealth. Many wealthy
                                                  and affluent individuals still have tasks
What If, by Faith and Fortune, You Never          and projects and work they do on a regular
Had to Worry About Money Again?                   basis, but it’s usually not how they came
What is, or what would be, your quality of        to be wealthy. They studied the laws and
life and your contribution to mankind in the      principles of wealth and applied them. So
absence of fears, doubt, worry and negative       why can’t you?
emotions?
                                                  Here is wisdom: Profits are better than
In psychology, money is referred to as a          wages. Wages are not the answer to the
“deficiency need,” meaning when you have           wealth question. Commissions are better, but
enough money, chances are you don’t think,        still not enough. J-O-B is not a rich strategy,
or worry, much about it. But when you have        at least not a job alone. But even if you are
too little, it is easy to be consumed with        now working on a job, are you also laying the
almost continual thoughts of, not money, but      groundwork for your financial independence
a lack of money.                                  in some other way?

Ancient wisdom says “the LOVE of money            Work harder on you than you do on your
is the root of all evil.”                         job; that’s a rich formula for attracting better
                                                  things into your life.
Is it love, or could it be a form of love, to
think about it all the time? Wishing for Friday   When it comes to financial things, many of us
(payday) to come? Worrying that there won’t       feel inadequate. I know the feeling. It’s why
be enough to go around or any left over? The      I’ve tried to learn from others around me who
LOVE of money is not reserved for the rich.       are very good at financial fundamentals and
In fact, I believe it’s largely the opposite.     thinking big thoughts. Anyone can read good
                                                  books and get better ideas and strategies for
Money has no power of its own. All                their life. Reading is a rich strategy.
the power flows – to you, from you or
through you.                                      And the good news is that it’s available to
                                                  most everyone. It’s easy to do, but easier not
The laws of money transcend economic              to do. And that’s the option that most people
conditions, meaning simply there have been        choose.
wealthy and affluent individuals throughout
history and a study of almost any time period     Watching TV is easier than reading to learn.
shows that they arrived at or acquired wealth     Complaining is common. Libraries are free
in many different ways, but with many of the      and reading is easy - rich strategy or poor
same principles or laws working for them.         strategy? How many of each can you identify
                                                  in your life?
Webster defines “wealthy” as “richly
supplied,” as in “a wealth of knowledge.” As      The study of wealth - sounds appealing
long as we’re in the dictionary, how about a      doesn’t it? Surely goals must be involved.
couple of bonus words?                            And if you’re involved in any study, there
                                                  must be some homework assignments,
WORTH: “The quality of something that             right?
makes it desirable, useful or valuable. To the
utmost of one’s powers or ability (for all he’s   Here’s your next assignment (should you
worth).”                                          choose to accept it): Find out more on
                                                  wealthy wisdom and rich thinking. E-mail
AFFLUENCE: “Wealth. Abundance. A                  me for my “short list” on my personal study
flowing toward.” Can you see that definition?       of wealth. Until then, here’s to getting more
Wealth and abundance flowing toward                rich strategies into your life.
– you?

Since you’re reading this, I’m guessing
you’re an uncommon individual and aspiring
                                                  Michael York is an author and professional
for something more than you have now - a          speaker. He can be contacted at
station or position beyond where you are          800.668.5015, or by e-mail at
now, with an interest in becoming more than       myork@autosuccessonline.com, or visit
you have been in the past.                        www.MichaelYork.com.


october 2006
                                                                                                     15
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                                                                                                                        HeatherConary

                                                                      Key Performance
                       marketing solution




                                                                      Indicators, Part 3
                     In the past two issues of    sites are giving you good referrals, and         calculating which sites are most relevant to
                     AutoSuccess, I began         which are not worth your investment.             a user’s search, there are several common
                     a series of articles                                                          denominators, including:
                     on Key Performance           Tracking the trends among your traffic counts       • The copy on the Web site
                     Indicators       (KPIs).     is also helpful. For example, if you had low       • How many other Web sites are linked
                     These are gauges you         traffic from a particular local newspaper site        to the Web site
can use to determine how well your Web site       one month, and you decided to change the           • Meta tags, which are hidden to users,
is performing.                                    creative content of the ad at the end of the         but provide valuable content to search
                                                  month. If, at the end of the next month, your        engines
To calculate these KPIs, you will need a set      traffic has increased from that site, it may be
of your statistics from your Web site. There      due to:                                          Depending on your statistics package, you
are many different statistics providers out         • More relevant creative content in the        may have a “Search Terms” report. In this
there (Urchin, CoreMetrics, WebSideStory,              newer ad                                    report, it shows a breakdown of how often a
and proprietary solutions.) If you need help        • A better offer in the newer ad               visitor made it to your Web site based on the
finding the measurements referenced in my            • A more relevant offer to the audience        term(s) he searched for at the search engine.
article in your own statistics package reports,        who saw your ad
feel free to e-mail me.                                                                            Using this breakdown, you can see which
                                                  You may also see a count designated as “no       search terms are generating the most traffic to
Analyzing Incoming Traffic                         referrals.” A visitor may be counted as “no      your site, as well as any potential problems.
With a walk-in customer, a good sales person      referral” for one of following reasons:
will qualify the lead, asking “Have you             • The visitor typed in your Web site           For example, if your dealership is Joe’s
looked at any other dealerships?” or “Have            address by hand                              Quality Cars, most people would assume
you been shopping already?” The answers to          • The visitor bookmarked your Web site         that your Web site is www.joesqualitycars.
these questions will give the sales person a          and returned to it from there                com. However, if you use www.joescars.
good idea of where the customer is coming           • The visitor had visited your site before     com for your Web site, you may see searches
from, as well as any objections they may              and it was in their “Recently Visited        for “Joe’s Quality Cars” in your search terms
have. It may also reveal whether they are             Sites” or “History” list                     report. This is a good indicator that visitors
sensitive to price, service, location or any                                                       are not familiar with your Web site and are
other host of preferences. Similar to this, it    A high “no referral” count may indicate:         using a search engine to find you.
is important and helpful to know where your        • Your dealership’s Web site address is
online traffic is coming from.                         well-branded, and visitors are familiar      You may also see that some visitors are
                                                      with it                                      finding you by the warranty or insurance plans
To calculate this metric, you will need the        • A visitor may have already been to            you offer. If you are getting low numbers for
following measurement:                                your Web site and remembered your            those terms, but some visitors are finding
 • Referrals                                          name                                         you through them, you may consider adding
                                                                                                   more content about the plans. This makes
Depending on your statistics package, your        Dissecting Search Engine Traffic                  your Web site more valuable to a search
referrals report will most likely include the     Some of the most popular search engines          engine.
source and number of visitors from that           include Google, Yahoo and MSN, although
particular source.                                there are many smaller ones as well. Search      Search engine marketing refers to the ads
                                                  engines drive traffic to your Web site in one     at the top and the sides of search results.
Some referrals you may find:                       of two ways:                                     These work on a paid basis. You can use
 • Search engines (Google, Yahoo, MSN)              1. Search engine optimization (also            your keyword analysis to help you determine
 • Lead aggregators (Dealix, AutoTrader)               called “organic SEO”)                       which keywords your visitors are looking for
 • Auction sites (eBay)                             2. Search engine marketing (also called        and use them to help you determine which
 • Local sites (newspapers, radio                      “paid SEO”)                                 keywords to place bids on.
   stations)
 • Employment listing sites (Monster.             A search engine uses automated software          Next Month: More of using your KPI
   com, Careerbuilder.com)                        to categorize and filter Web sites. This is       analysis to make improvements to your Web
 • Manufacturer Web sites (Toyota, Ford,          considered search engine optimization (or        site based on good decisions.
   Chevrolet)                                     organic SEO), meaning that it is based on
                                                  the perceived relevance of your site, not
                                                                                                   Heather Conary is a Web developer at
These counts give you a good idea of where        how much you have paid for the search            Downeast Toyota-Scion-Buick. She can
your traffic is coming from. Using this gives      engine listing. Although each search engine      be contacted by 866.386.4914 or by e-
you some concrete evidence on which Web           has their own proprietary algorithm for          mail at hconary@autosuccessonline.com.


  16                                                                                                  www.sellingsuccessonline.com
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                                                                                                                        DavidThomas
   sales and training solution


                                                         8 Points of Action to
                                                               Increase Sales
                      David Thomas sold a          • Your 25 best automotive contacts (other      8. Surround Yourself with Interesting,
                      vehicle a day for 3,000        automotive industry influences that              Successful and Intelligent Friends,
                      consecutive days. This         come in contact with your owners before         Associates and Customers:
                      achievement not only           or after you sell them).                        It will start to wear off on you. “I’m
                      kept him in the No.                                                            proud to say I’m the dumbest person
                      1 position within the        • Personal contacts     (friends,   family,       I know” should be your mantra.
prestigious Sewell Automotive Companies              neighbors, etc.)                                Successful people will want to tell you
in Texas, but also awarded him top producer                                                          how to succeed with them. They will
status in Lexus USA.                               • Who you spend money with (doctors,              want to associate with you.
                                                     dentists, CPAs, attorneys, babysitters,
Here are David Thomas’ eight points of               florists, bankers, Realtors, etc.)           Thomas took the most boring aspect of
action to increase your sales:                                                                   sales and made it simple and attainable,
                                                   • Social contacts (PTA, church, alumni,       yet challenging. Most sales people will
 1. Start Earlier, Finish Earlier:                                                               agree that the most feared word in sales is
      By starting your day at 8 a.m., you can        bowling, golf, etc.) Now, make sure
                                                     they all know what you do and that you      “prospecting.” Once you become skilled at
      beat most competitors to the punch.                                                        it, and more importantly, profitable at it, then
      This will also enable you to leave two         appreciate their referrals.
                                                                                                 you look forward to it.
      hours earlier than before.
                                                   5. Don’t  be Afraid to Ask For
 2. Prospect Every Day from 9 to 11                  Referrals:                                  Thomas has shared his strategy with hundred
      a.m.:                                          Stay in touch (at least three times a       of sales associates from BMW to Toyota
      Busy clients are more accessible at            year).                                      dealerships. He has been recruited to share
      this time of day. They seem to be in a                                                     his ideas about prospecting with bankers,
      better mood the earlier you call. Also,                                                    stockbrokers, homebuilders, and Realtors.
                                                   6. Are You User Friendly?
      this gives you the opportunity to set                                                      Even doctors and dentists are thirsty for
                                                     Do you make it easy for your customers
      your daily appointments earlier so you                                                     ways to hit upon their target market and
                                                     to buy a car? Are you building trust?
      can finish earlier.                                                                         those golden prospects that will become
                                                     Will they brag to others about the
                                                                                                 clients and customers. Target prospecting is
                                                     experience? Was it enjoyable? If not,
 3. Avoid Time Bandits:                                                                          more important than ever today with rising
                                                     change your method.
      It’s great to visit; however, your time to                                                 advertising and marketing costs.
      make money is between 9 and 11 a.m.,
      every day. You must stay focused and         7. Put Some Passion Into Your Test
      avoid distractions during this time.           Drives, Walkarounds and Phone
                                                     Calls:
 4. Make Lists:                                      If you’re bored, people will see an         David Thomas is the owner of Subaru of
 • Your 25 best customers, based on                  uninterested sales person. Share            Dallas. He can be contacted at
   profitability, center of influence and high         their enthusiasm. Set the stage for an      866.429.6803, or by e-mail at
   visibility                                        enjoyable buying experience.                dthomas@autosuccessonline.com.




  18                                                                                                www.sellingsuccessonline.com
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                                                                                                                  JeffMorrill
   sales and training solution


                                                      The Power of a
                                                 Genuine Compliment
                     Fact:                        perceived as a sexual comment.            brighten a lot of days. You’ll feel
                     Studies show that            “What a cool jacket,” is probably         better too.
                     people tend to believe       okay; “What a sexy skirt,” is not.
                     praise and like those                                              Jeff Morrill is co-owner of Planet Subaru
                                                • Make a habit of complimenting at      in Hanover, Mass., and Planet Chrysler
                     that provide it. (See        least one person a day. Sure you’ll   Jeep in Franklin, Mass. He can be
Robert Cialdini’s book, “Influence: Science        sell more cars, but you’ll also       contacted at 866.872.8699, or by e-mail at
and Practice.”) Empirical studies prove that                                            jmorrill@autosuccessonline.com.
we like people who compliment us.

(If you want to see how compliments light
people up, gather a few of your colleagues
into a circle. Taking turns, ask each person
to compliment the person to the right. You’ll
see big smiles and flushed faces.)

Prospects who like you are much more likely
to buy from you. So help them see that you
are a good person by sharing a genuine
compliment. Shortly after meeting someone,
you’ll usually have multiple reasons to
compliment someone.

Examples:
  • You live in Norwell? What a
    beautiful town.
  • What a neat jade necklace. How did
    you come to own it?
  • You like that blue color, too? You
    have great taste: That’s the color of
    my car.
  • You’re very kind to recognize our
    commitment to customer service
    by considering your third purchase
    from Planet Subaru.
  • Nice hat - go Red Sox!
  • You’re very intelligent to do all that
    research before coming in. We like
    an educated customer because it
    makes our job easier.
  • You’re so blessed to have a beautiful
    baby. How old?

Keep in Mind:
  • Keep it genuine. While research
    shows that people tend to believe
    praise whether it is accurate or not,
    why lie or try to snow someone? A
    few moments with someone will
    reveal an honest thing to say.
  • Beware of anything that might be


october 2006
                                                                                                                           19
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                                                                                                            JimmyVee & TravisMiller
                       marketing solution


                                     Five Keys to Successful
                                Automotive Marketing, Part 2
                              Picking       up    message will penetrate deeper and make a           One way to generate more word-of-mouth is
                              where we left off   longer lasting and more powerful impact.           by packaging up your testimonials in the form
                              in last month’s                                                        of print, audio and video and using them in
                              article, we want    Success Key 4: Competing on Price                  all your communications with prospects, ups
                              to discuss the      How many dealers spend time and money              and customers.
                              remaining three     hunting down, fishing for and pulling in
keys to successful automotive marketing.          price-shopping customers? Many dealers try         Put testimonials in your ads, in your
We already know that a typical problem in         so hard to educate themselves in the business,     consumer guides and in your yellow pages
the automotive industry is that an ungodly        spend countless hours picking out just the         ads. Use audio testimonials on your Web
amount of cash is thrown into the advertising     right cars at the auctions and still continue to   site, in your radio commercials and your e-
or marketing arena with less-than-stellar         compete on price.                                  mails. Use video testimonials on your Web
results. This article series has been designed                                                       site and in a loop tape in your showroom.
to help you perfect your ad dollars and make      “The best dealership and the best service”
everything you do more profitable.                 and “lowest price” do not belong in the same       You can have your sales men carry around
                                                  sentence or marketing piece, not to mention        video iPods to play actual testimonials of
Success Key 3: Using a Proper Headline in         the same dealership.                               your past customers to their ups. Or play an
All Your Ads                                                                                         audio testimonial CD in the vehicle during
Your dealership name is not a headline.           But many great dealerships end up pricing          the test drive.
                                                  themselves out of business because they
So what is a headline? Think of a headline as     don’t understand that consumers will pay           No one sells your services better to prospects
an ad for your ad. If you were trying to get      more than the lowest price if you give them        than your happy past customers.
someone interested in reading your ad, what       other reasons for choosing you. If left with
would you say to them? If someone asked           no other differentiating factors, price is the     Use These Keys as a Measuring Stick
why they should read your ad and you told         only option.                                       Reading good information isn’t enough; you
them your dealership name and nothing else,                                                          have to take action. Many dealers spend a
do you think it would compel them to read         If you do decide to compete on low price,          lot of time waiting for the perfect scenario
the ad?                                           you should make sure you just give that level      to run an ad, test an idea or make a change at
                                                  of service. It makes no sense to raise your        their dealership.
You want to use a statement that will pique       level of service, expertise, education and
your prospect’s interest and pull them into       experience but not raise it in terms of what       The perfect time never comes and nothing
your ad. Something they can’t resist like…        you get in gross.                                  ever gets done. Use these keys as a measuring
                                                                                                     stick with what you are doing in your store.
 • How to Choose a Car Dealer                     How much you can charge for something              Are you using all five keys? If not, start
 • The Best Vehicle You’ve Ever Driven            is all based on your ability to sell it, which     making changes now to implement some of
   or it’s Free                                   means the more you learn about marketing           what you just learned.
 • Four Big Mistakes to Avoid When                and the more you utilize powerful marketing
   Choosing a New Car and the                     techniques, the more you will be able to           In the meantime you can learn more about
   Dealership Where You Buy It                    charge for your vehicles.                          these strategies and others in our FREE
                                                                                                     Special Automotive Business Advisory
An insider trick to really make your headlines    Success Key 5: Social Proof                        For Car Dealers and Managers, a 32-page
pull people in is to tie your advertising and     One of the most powerful ways to promote           industry bulletin titled, “How To Uncover
marketing into current events and pop             and communicate the value of your                  The Hidden Wealth In Your Used Car
culture.                                          dealership is by getting other people who          Dealership.” To get your free copy visit
                                                  think your dealership experience is great to       www.RichDealers.com/success.
The key is to tap into the conversation that      say it to others.
is already going on inside your prospects’
heads. If your message matches what the           Many people believe word-of-mouth
reader is already thinking and talking about      advertising is not controllable, that it just
it is going to be read by more people than        happens when it happens and they’re
if you try to create a new conversation all       lucky to get it. Others believe it happens
together.                                         automatically by delivering good service.

You see, it is much easier to sell a prospect     Both these statements are untrue, but most         Jimmy Vee and Travis Miller are the
                                                                                                     founders of Used Car Marketing
if you are in sync with what they are already     everyone we talk to believes it. Word-of-          Center. They can be contacted at
thinking and talking about. Plus, by tapping      mouth is controllable and can be greatly           866.852.0145, or by e-mail at
into their current thoughts and emotions your     stimulated by a good system.                       J&T@autosuccessonline.com.


  20                                                                                                    www.sellingsuccessonline.com
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                                                                                                                                          MarkTewart
   sales and training solution


                                                                  Complete Sales Freedom
                                                                     in Two Years or Less
                        Many sales people tend             plan will begin to grow tremendously. You          is enduring. Market share of mind creates
                        to always be chasing               will appear to be everywhere at once. Your         greater market share.
                        the next customer and              goal is to appear bigger, better and even more
                        worrying about the                 successful than you already are. Perception        Talk to people in your marketing in a personal
                        next paycheck. The                 becomes reality.                                   and conversational tone. A great advertising
                        good news is that this                                                                person once said, “You must enter into the
is unnecessary and can be fixed forever in two              All sales people should have direct mail in        conversation they are already having in their
years or less. Sales people can eliminate future           their marketing plan. The direct mail campaign     head.” Don’t be afraid to be unique and
sales and income anxiety once and for all.                 should contain marketing letters that are geared   controversial in your marketing. The worst
                                                           towards multiple approaches, including:            mistake you can ever make in marketing is to
What’s the key to creating freedom? It’s                   holidays, special events, news, new residents,     be boring. There are way too many advertising
marketing. If you are a sales person who                   existing customers, inactive customers,            messages today for you to put out just another
is waiting for your business to provide an                 residents that surround existing customers,        look alike, same-old marketing piece that gets
endless funnel of prospects and buyers, you                inactive customers, potential customers            lost in the shuffle. Unique, bold, consistent
are living in a fantasy land. Even with a ton              already using your service, newsletters and        and personal get rewarded today.
of leads and traffic provided to you, you must              lead generation letters to potential customers
have a marketing plan to utilize the traffic,               offering a free report or service.                 Don’t allow yourself to get caught in the
leads and power of your customer base.                                                                        excuse trap of saying, “I tried that once and it
                                                           In your letters, utilize a consistent theme. You   didn’t work.” You may not have done it right
Write down everything you are doing to                     should, over time, make yourself a quasi-          the first time; most don’t. That’s not a reason
market yourself. Your goal should be to add                celebrity with your marketing. Always have         to quit.
to this list every month and strengthen or                 a photo or caricature of you, or your family
                                                                                                              Always think of the 3Ms – Message, Market
add dimensions to everything you already                   or staff in the marketing pieces. Make your
                                                                                                              and Media. What is your message? What
are doing. Eventually, you will begin to                   likeness, theme and messages take on a
                                                                                                              is your marketplace you are delivering the
integrate your message from all your sources               status of recognition. Your marketing should
                                                                                                              message to, and does it match? What media
of marketing and the power of your marketing               grow legs and take on a life of its own that
                                                                                                              will you use to reach the market?
                                                                                                              The more you can target your message to
                                                                                                              a targeted audience, the better your results.
                                                                                                              There are list companies that can provide
                                                                                    Comple                    demographic, socio-graphic or just about
                                                                                 Custom te                    any other filter you desire to qualify your
                                                                                         Built
                 NO                                                               Advertisin                  potential and desired market. The old saying
                                                                                            g
               CONTRACT                                                           Campaig                     is that the best way to have a successful
                TO SIGN                                                                    n!
                                                                                                              restaurant is to find a hungry crowd. You
                                                                                                              must also find your hungry crowd. Once
                                                                                                              you find them, you must bring them to you,
                                                                                  AGE NC                      gain them as customers, build a fence around
                                                                                  W ELCO IES
                                                                                        ME                    them and never let them go.

                   V iew At :                                                                                 The best way to create a sellable marketing
                 Samples                                                                                      approach in your message is to study
                                                                                                              copywriting and the masters of the craft.
                                                                                                              Writing copy for ads, letters, marketing pieces
                                                                                                              and newsletters that get people to take action
                                                                                                              is a learnable skill that will make you more
                                                                                                              money than robbing a bank. Study, practice
                                                                                                              and test your copywriting skills everyday.
                                                                                                              Nothing will teach you as much about sales,
                                                                                                              marketing and business as copywriting skills.
                                                                                                              Learning to write copy, plan marketing
                                                                                                              sequences, doing the grunt work or hiring
                          Honda Dealers: Setting up an ad group?                                              someone to do it certainly isn’t sexy. It won’t
              Call Us! We have over 12 years experience as a General Motors key ad agency.                    cure your traffic, lead or sales woes over night.
                    Call Mike Nichols at 866-642-4657                                                         But in the long run, they will be the things that
                                                                                                              make you successful, wealthy and free.
                                                                                                              Mark Tewart is the president of Tewart
                                                       6     4    2      4   6        5          7
                                                                                                              Enterprises. He can be contacted at
              or email: mike@nicholsmedia.com
                                                                                    A merica’s



                                                                                                     ©
                                                                                                              866.429.6844, or by e-mail at
                            *Plus dubs, shipping and announcer.                                               mtewart@autosuccessonline.com.


  22                                                                                                             www.sellingsuccessonline.com
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                                                                                                                        SunnyKnocke
                       marketing solution


                                                        Multi-Channel
                                                 Approach to Marketing
                     As the information age      4. Mail - This is popular among the pre-e-       relationship by over marketing to them.
                     evolves, dealerships        mail generation. People who appreciate this
                     are competing against       form of communication enjoy walking to the       3. Establish a Consistent Process
                     numerous advertising        mailbox and sorting the various pieces that      Base your marketing approach on a consistent
                     mediums to maintain         come their way.                                  process so you do not have to make multiple
                     customer mindshare.                                                          marketing decisions on a monthly basis. The
By learning to use a multi-channel approach      Four Keys to Marketing                           key is to follow a planned customer lifecycle
of various mediums - mail, phone, e-mail         1. Implementing a Targeted Approach              program, built around communications that
and text messaging - a company can reach         Your message must be relevant to your            are relevant to that customer at that moment.
100 percent of its customer base through a       customer, not your entire database. With
                                                 the on slew of e-mail marketing, the days        4. Ensure Customers Receive the Message
personal and profitable method.                                                                    In order to get an e-mail marketing piece
                                                 of so-called “batch and blast” are no longer
                                                 effective. You must market differently           delivered, you have to have it formatted
Four Mediums of Communication                    to an active customer than to a recapture        correctly, use the correct words and images
1. E-mail - A large portion of the population    customer.                                        that will not be stopped by the spam filters,
is unreachable by any other means, but send                                                       and develop a relationship with the various
them this electronic communication and           2. The Marketing Medium Should be                ISPs to ensure deliverability. With text
response is guaranteed.                          Driven by the Customer                           messaging, a relationship with the cell phone
2. Text - The younger generations out there      Customers are demanding that you                 carriers is required if you want your message
have moved beyond computers and rely on          communicate with them via the medium they        to reach your customer.
instant and portable mediums. For these          prefer. If they prefer direct mail, you should
young people, text messaging is the preferred,   send direct mail. If they would rather receive   Pay attention to your customers and contact
if not only, form of communication.              a text message, send them coupons via            them in the manner they prefer.
3. Voice Broadcast - There are those that best   their cell phone. It is important to note that   Sunny Knocke is the president and co-
respond to a phone call or voice mail. They      a dealership should not over-communicate         founder of MarketView360. She can be
await the glory of a blinking light that tells   with their customers. It may have taken          contacted at 866.452.3715, or by e-mail at
them someone was looking for them.               years to build their trust; don’t destroy the    sknocke@autosuccessonline.com.




october 2006
                                                                                                                                       23
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                                                                                                                        MikeParsons
   sales and training solution



                            Search Engine Marketing
                                                                                                           Is It Right for You
                       Search         Engine     you are asking yourself two very important    explore why we are considering SEM, our
                       Marketing       (SEM)     questions:                                    site’s capabilities, and then the analytics of
                       is certainly a hot                                                      return on investment.
                                                     1.   Do I really need SEM?
                       topic, and numerous
                                                     2.   Who do I use for SEM?
                       companies         have                                                  So, why are you considering SEM? Is
added it to their list of services. Hopefully,   In order to answer our first question, let’s   it because it’s the latest buzz word, and
                                                                                               being a progressive dealer, you want to
                                                                                               say you participate in SEM when asked by
                                                                                               your peers? Is it an ego stroke to see your
                                                                                               dealership name all over the search engine
                                                                                               results page? Or, is it because you want to
                                                                                               increase visitors to your site, and increase
                                                                                               lead volume?

                                                                                               Does your site have the capability to be
                                                                                               better optimized for organic search results,
                                                                                               also known as Search Engine Optimization
                                                                                               (SEO)? Is your site rich with Flash
                                                                                               technology and minimal HTML? Search
                                                                                               engine technology for sites like Google is
                                                                                               improving, but as a whole, content contained
                                                                                               within a Flash-based site is rarely catalogued
                                                                                               by a search engine. If you like the glitz,
                                                                                               glamour and other benefits of a Flash-based
                                                                                               Web site, that’s OK. You may need to invest
                                                                                               more heavily in Search Engine Marketing.

                                                                                               Before we get into the numbers, let’s make
                                                                                               some assumptions about your dealership.
                                                                                               First, knowing the national average site
                                                                                               conversion rate is 1.5 percent to 2.5
                                                                                               percent, let’s assume you are in the top of
                                                                                               the class with three percent. Remember that
                                                                                               conversion rates include not only sales, but
                                                                                               service, employment and miscellaneous
                                                                                               forms as well. So, not all three percent are
                                                                                               fresh sales opportunities. Finally, let’s assume
                                                                                               you close 20 percent of leads generated from
                                                                                               your site. In this scenario, for every 1,000
                                                                                               unique visitors to your site, you will generate
                                                                                               30 leads, and six sales. What is your target
                                                                                               cost per sale? Do the math, and you may be
                                                                                               surprised at the answer.

                                                                                               I conducted a five-month study in which I
                                                                                               spent $3,000 per month on SEM at a cost of
                                                                                               about $1 per click-through to my site. My
                                                                                               first thought was, “Hey, that’s pretty good.”
                                                                                               And then I dug a little deeper. I reviewed my

  26                                                                                              www.sellingsuccessonline.com
continued


average site traffic for the five months prior       who is identified as the resident horticulturist   generally heed the cliché “Jack of all trades,
to SEM, and compared it to the traffic during       (specialist). They inform me that what I need     master of none.” Do you go to a general
SEM. There was an increase in unique traffic        is crabgrass killer, which is not a chemical      practice physician for heart surgery?
of only 1,000 visitors per month. Why did          included in my previous solution. As it
I pay for 3,000 people to visit my site, yet       turned out, the first professional I spoke to
only see an increase of 1,000? My site was         did work in Lawn & Garden (Industry), had
so efficiently optimized for organic search         general knowledge of weed control, but his        Mike Parsons is the director of
results that I had been paying for people to       expertise was lawn mowers. I didn’t need          eCommerce at Asbury Automotive Group,
                                                                                                     Southeast Region. He can be contacted
click my SEM links, when they would have           a “professional,” I needed a “specialist.”        at 866.446.7143, or by e-mail at
clicked my SEO links and visited my site           When it comes to SEM and SEO, you should          mparsons@autosuccessonline.com.
anyway. The bottom line? If your site is
properly optimized for organic searches, the
need for SEM is minimal. If it is not geared
toward SEO, then SEM is a must. Either
direction is OK; you just need to know
where you stand and why you are doing
what you do.



  When it comes
  to SEM and
  SEO, you should
  generally heed
  the cliché “Jack
  of all trades,
  master of none.”
  Do you go to a
  general practice
  physician for
  heart surgery?

So, who to use? Allow me to answer with a
real-life story. Recently, I was walking through
my yard and noticed I had a significant need
for weed removal (you need site traffic). Off
I go to my local Home Depot to consult a
professional. I approached a gentleman
wearing an orange apron (professional) in
the Lawn & Garden department (industry),
and stated my need. I’m professionally
directed to a product that kills over 130
different types of weeds. Home I go to apply
this wonderful product. Four days later, with
no results, I return to Home Depot with
weed in hand and speak to another person

october 2006
                                                                                                                                          27
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                                                                                                                                  DavidKain
                        marketing solution


                          Don’t Try to Convince Someone
                         to be the Internet Sales Manager
                      Selecting the right          understanding of what type of person is          mentioned earlier, do you really want to
                      person to operate your       best suited for the position. Because of this,   hire someone who is not energized by the
                      Internet        operation    I recommend that all sales managers be           opportunity to work with the customers who
                      is perhaps the most          responsible for working with Internet leads      are most likely to purchase within the next
                      important decision you       firsthand before they recruit for the position    30 days? Bear in mind that this person will
                      will make this year.         so they can appreciate the nuances required      receive “ups” multiple times each day with
With approximately 80 percent of automotive        to successfully contact, appoint and sell        contact information, the vehicle they prefer,
shoppers using the Internet to start the vehicle   Internet prospects. After experiencing how       perhaps an address and information on their
purchase process, this role will become more       difficult the task can be but how rewarding       trade without having to stand up and walk
vital than any other in the next few years.        the results are, I have no doubt they will       out to the lot. In addition, if they close leads
The pool of experience candidates is very          change their mind in what type of qualities      at a rate of 15 percent, they only need 100
shallow, so recruiting the right person may        they are seeking for the person to manage        opportunities to sell 15 vehicles and then they
prove to be difficult, but do yourself a huge       this vital operation. When I was still working   get to manage a database that has prospects
favor and don’t try to convince someone to         at our family dealership, I worked the leads     getting closer to a purchase decision with
be the Internet Sales Manager. This role has       when we first started because I wanted to         each passing day.
so many benefits and perks it should be one         know what was expected of the person in the
that anyone would want to have.                    role and, as a result, it made it much easier    Your dealership management should reverse
                                                   for me to create the job description and to      the perception and advertise both inside and
The Automotive Internet has been a useful          recruit for the position.                        outside the dealership for the position. If you
tool for consumers and dealers now for 10                                                           have confidence in the results available with
years, and each month brings new products          Surprisingly, my training partner, Jonathan      the right Internet manager, it will come across
and services to help bring the buyers and          Edwards and I still find Internet operations      to your present staff and those candidates
sellers together. The old dial-up connection       staffed by the sales people who were not         who respond to your ad. This confident air
was considered pretty good 10 years ago,           successful on the floor, but showed an            will allow you to scrutinize the applicants,
but high-speed Internet connections have           inclination to working with computers.           rather than the other way around.
expanded in recent years, making it easier         It is much easier to teach a quality sales
to deliver heavier files and more rich media        person how to interface with the computer        Be Prepared When You Recruit
to consumers on Web sites. Among active            programs than it is for a sales manager to       and Interview
Internet users, U.S. broadband penetration         teach a computer-oriented person how to sell     By knowing about your Internet operation
broke 70 percent for the first time in April        vehicles. Keep in mind that computers were       in detail you should be able to recruit and
2006, according to surveys by Pew Internet         designed to boost productivity of current        interview the best quality candidates. Make
and the GAO. The reason this is important is       workers, not the other way around. Because       out a list of your lead sources; know the cost
that, as much as we found consumers aware          of this it is important to remember that if      of each, the close rates and where you make
in the past, they are going to be much further     you have a quality sales people to start with,   the best results. Create a job description and
along in the buying process because they           the computer should be able to boost their       a compensation plan that allows for growth
can have experienced more of the vehicles          productivity. Our advice is to start with the    and autonomy. Your preparedness will come
they are considering than every before while       best sales person candidate possible that has    across to your present staff and to recruits
sitting at their home, office, park bench or        the ability to lead and manage a team, and       and allow you to pick and choose confidently
coffee shop.                                       you will be much better off in the long run.     who will lead your Internet operation.

Finding the Right Candidate                        Do Not Try to Convince the Skeptics
In order to find the right candidate, you           You know how it is when you try to talk
                                                                                                    David Kain is the automotive Internet
may need to do a little prep work in your          someone into something that they are             training specialist at Kain Automotive, Inc.
sales management ranks. A lot of today’s           skeptical of in the first place. The same         He can be contacted at 800.385.0095, or
sales managers have never worked Internet          thing happens when you try to convince a         by e-mail at dkain@autosuccessonline.
leads and, as a result, may not have a clear       person to run your Internet operation. As        com, or visit www.kainautomotive.com.




  28                                                                                                   www.sellingsuccessonline.com
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                                                                                                                                JasonPrice
   sales and training solution



                                                                                   Video E-mail:
                            Personalize Commuunication to Better Reach Your Customers
                      Use video e-mail as          exhibit dynamic motion, taking advantage         be delivered through your facial expression
                      a way to reach your          of enhanced sensory features such as video,      while 39 percent of your message will be
                      customers.       Studies     audio and animation.” Plainly stated, video      delivered from your gestures and body
                      show that a person           e-mail is an e-mail sent to your customer’s      language. It is more effective for your
                      will only remember 11        own personal e-mail account with an attached     customers to see your face while you deliver
                      percent of what they         video message.                                   any type of message. Video e-mail provides
have read and 21 percent of what they have                                                          the outlet through which you will grab the
heard. However, the average customer will          Ronnie Rhodes of WebSiteMarketingPlan.           attention of your new or returning customers
remember 32 percent of what they have seen,        com, writes that streaming rich media is         and at the same time build a personal
according to www.programreview.com.                a natural way to motivate customers to           connection with them.
As an intelligent sales professional, what         purchase your product. It helps remind them
does this tell you? You need more face time        of your company and can get them past any        As a customer service tool, video e-mail is
with your existing customers and prospects.        feelings of hesitation in making the purchase.   invaluable to your company. Video messages
When physical presence is not possible, the        Integrating video e-mail into your company’s     add a personal touch through voice and image
best way to increase this critical face time is    current marketing campaign will encourage        that intrigues the customer and encourages
by utilizing video e-mail.                         potential consumers to build trust or rapport    them to listen to your message. Video
                                                   with a specific sales person. Any customer        messaging allows you to trigger emotional
With video e-mail there will be no more            who has already had the opportunity to           responses that other mediums of advertising
misunderstood messages, unemotional text           personally interact with a sales person via      or marketing cannot. Send your customers
or slow response time.                             video e-mail will quickly recognize him and      a personal birthday or anniversary greeting,
                                                   be more inclined to purchase from that sales     customer service survey or follow up that
Video e-mail, or streaming rich media,             person. Video e-mails can also be used to        recent purchase with a personal thank you.
sent straight to your customer provides            create excitement in customers and can help      But these ideas are just the beginning. Use
a direct route to personally connect with          to soothe their nerves when in the process of    your imagination and integrate this service
your customers. As written by Ian Schafer          making a large purchase.                         into your company’s existing marketing
of www.clickz.com, Wikipedia uses the                                                               campaign.
following definition of rich media: “A              According to www.programreview.com, 55
broad range of interactive digital media that      percent of the meaning of a message will         Since you are reading this article, chances
                                                                                                    are you looking for a new way to reach,
                                                                                                    and influence, your customers. Rob Graham
                                                                                                    of www.clickz.com, theorizes that in order
                                    “Within the                                                     to meet marketing needs, companies need
                                                                                                    to first have an audience that is unafraid of
                                 first hour of the                                                  their marketing. Video e-mail can offer the
                            e-newsletter going out,                                                 customer value, in the form of your personal
                                                                                                    message or invitation, in exchange for the
                              I had 15 test drives.”                                                time and attention customer must use in
                                                                                                    viewing it. Video e-mail will also give the
                                                                                                    recipient the ability to view the message at a
                                                                                                    time that is best for the customer.
                      > Scott Haynes, Penske Chevrolet and Honda
                                                                                                    Equipped with the knowledge that the
                     IMN Loyalty Driver™ is a turnkey e-marketing service that                      Internet marketplace is currently being used
                     drives interest, sales and customer loyalty. Customized,                       to increase product awareness, branding,
                     trackable email communications provide tangible results                        frequency and familiarity, your company
                     for dealerships across the country. A couple of examples:                      cannot be the left behind. As the common
                                                                                                    user’s capability to access Internet programs
                        •   90 phone calls in a month as a direct result of
                                                                                                    at the touch of a button grows, video e-mail
                            one IMN Loyalty Driver e-newsletter.
                                                                                                    will soon reach such media outlets as cellular
                        •   Web traffic spiked to 2.5 times its normal                              telephones, iPods and other portable media
                            rate after a dealership’s first e-newsletter.                           systems.
                     Looking for results like these? Call 866.964.6397, ext. 214
                     or email ASGSales@imninc.com.                                                  Be a marketing standout and impress your
                                                                                                    customers and prospects by utilizing this
                                       Drive customers in…For sales, for life.                      marketing tool.

                                                                                                    Jason Price is the vice president of sales
                                                                                                    at CoVideo. He can be contacted at
                   866-964-6397 imnLoyaltyDriver.com                                                866.590.0771, or by e-mail at
                                                                                                    jprice@autosuccessonline.com.


  30                                                                                                   www.sellingsuccessonline.com
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                                                                                 TimShea
                              special finance solution


                               Investing the
                         Fundamentals, Part 4
                      Q: I’ve spent a ton of     became a subprime “success,” it was at the
                      money advertising in       expense of their retail or prime sales, which
                      different media, but       still suffer today. It has been a long road
                      I’m not sure what is       turning their brand image around.
                      working and what is
                      not. Can you tell me       If a dealership becomes too strongly
plainly how to advertise so it will work?        identified with subprime, consumers reach a
                                                 point where they begin to question whether
A: I applaud your honesty. Many dealerships      they want that dealership’s nameplate on the
feel like you do, but their pride won’t let      back of their vehicle. They question whether
them admit it. While I don’t have a “success     they want their neighbors guessing whether
pill” for you, I can provide you with some       they are one of that dealership’s “good
helpful information and mention a tool set       credit” or “bad credit” customers. Advertise
that can take you out of the “hope” game.        and promote your dealership’s name enough
                                                 to let people know you do help people with
Recently, we introduced five fundamental          credit circumstances but let the majority of
factors for success in subprime auto sales.      your subprime advertising be “blind.” Blind
Those fundamentals provide the foundation        advertising keeps your dealership’s name
from which a successful subprime effort          anonymous which protects your reputation
is built. Perfecting the fundamentals, like      and brand image. Additionally, you will
perfecting blocking and tackling in football,    engage your prospects only in a credit (vs.
will insure success. They include having:        product) decision and expand your market
  1. Dedicated subprime department /             share across franchise lines.
     personnel
  2. Proper lender relationships                 Direct Response vs. Image advertising
  3. Appropriate inventory                       Advertising can be defined as “bringing
  4. Efficient business systems                   a product or service to the attention of
  5. Marketing                                   potential and current customers.” It is
                                                 typically done with print ads, television and
Over the next two months, we are going           radio commercials, direct mail, brochures, e-
to look at the last of these fundamentals:       mail messages, personal contact, etc. In your
Marketing – a system to consistently             subprime advertising, use direct response
generate and capture a high quality of           rather than image advertising. Direct
lead and measure results.                        response advertising “demands a response”
                                                 by requesting consumers reply directly to
Marketing includes a number of activities        your advertisement by telephone, e-mail,
which allow you to meet the needs of your        mail or some other means of communication.
customers and get value in return. These         Direct response advertising generates a sales
activities include market research to find out,   lead you can follow up on.
for example, how many potential customers
exist, what their needs are, how you should      Prime sales benefit from image advertising,
meet them, etc. Marketing also includes          which promotes the general perception,
properly positioning your dealership and         of your dealership, but does not demand a
promoting it through continued advertising,      response or directly generate a sales lead.
promotions and sales. You want a system          Image advertising will create lot traffic. In
that allows you to consistently generate and     an earlier article, I suggested your subprime
capture a high quality of leads and measure      advertising should not create additional lot
results.                                         traffic, but should target subprime prospects
                                                 and drive them directly to your subprime staff.
Protect your “brand image” - Brand image         Directing the customer in this way allows the
is the perception of your dealership by the      appropriate staff to control the sales process
consumer. While you want to enjoy the profit      and achieves a greater success rate.
generated by subprime sales, protecting your     Next month, we’ll take a look at targeted vs.
image is critical. Like me, you are probably     whole-market advertising, and which will
aware of dealerships that have failed to         work best for your situation.
protect their brand image and as a result have
become known as a “subprime” dealership.         Tim Shea is the president of Great
In the early 90s, a dealership in my area        Direct Concepts. He can be contacted at
grew their subprime sales to more than 100       866.853.0223, or by e-mail at
special finance units per month. Though they      tshea@autosuccessonline.com.

october 2006
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                                                                                                                                    PattiWood
    sales and training solution


                               Managing Your Employees With
                               Your Nonverbal Communication
                     Ever feel like your             with you. Don’t let the ease of e-mails          question mark at the end of even a definitive
                     employees just aren’t           keep you from face-to-face time with your        statement. If you say, “I need you to make
                     hearing you? Maybe              employees. Research shows that face time         these changes today,” make sure your voice
                     your     actions   are          increases the likelihood that employees          goes down and stays strong as on the word
                     drowning out your               will share important negative information        “today.” Gestures should also be strong and
                     words. Your nonverbal           such as problems with fellow employees,          decisive. As you sit in your chair right now
communication send messages about how                follow through on tasks or procedure issues.     point your finger and sweep it across your
confident you are, what you think about your          Obviously, “See no evil” is not a good mantra    body and say, “I want you to take this and
own power, and how much you like others.             for managers.                                    move it over there.” Now repeat the same
Understanding what you are conveying                                                                  sentence with closed fingers and your palm
could mean the difference between being an           Visit their workspace. Take note of how          down. Finally do it once more with closed
effective manager – or going unheard.                employees respond when you step into their       fingers and your palm up. Research says
                                                     workspaces. Do they smile, make eye contact      that people think the person who gives the
Consider       comments        on    employee        and turn towards you, or keep their hands        message while pointing is making a very
performance. As a manager, you might put a           on the computer keyboard, without turning        serious demand and with the palm up they
lot of time into carefully crafting what you’re      towards you? Busy body language is fine           are asking a question (“Will you do it?).
going to say, but it may have a different            to get once in awhile from your employees,       These may seem like basic things, but when
impact than you intended if your voice and           but if it is habitual, take note. You may need   we’re busy, or under fire in our day-to-day
body language don’t match the words. You             to spend more time with them. Typically,         tasks we forget.
may say with your words, “You need to                employees will get tense when they feel they
improve your time-management skills,” but            can’t predict your behavior, or if you only      Those wanting to portray empathy and
a lack of eye contact with your employee             visit them when you have to give more work       softness, rather than power, should match
and a low volume could make them think               or bad news. If the only time you are face-      and mirror what the other person is doing.
that that request is not important. On the           to-face with your employees is when you’re       If the other person’s head is tilted, tilt your
other hand, staring at the employee and              giving negative information or instruction,      own, if they’re breathing high in the chest,
saying the same thing with a loud accusatory         it might be time to try something concrete.      you breathe high in the chest. Matching body
voice could make them get defensive. Even            Bring in bagels once a week, hang out in the     language can be hard for men, who tend to
the location where you give a message can            conference room and talk about nothing in        pull back and want to be objective. But to
send a nonverbal message. For example,               particular. Or, if you’re managing people in     show empathy, you have to be willing to
catching that person in the hallway to tell          the field, make it a practice that, on Monday     shift and change your body language.
them to do something may effect how they             mornings, you do some small talk about
interpret your request. Some may think that          what you did over the weekend. Small talk        Granted, it is possible to completely ignore
a comment made to them in the hallway has            is a totally different speed of communication    the nonverbal cues. Maybe you’ve been
no importance or urgency.                            and creates different facial expressions and     doing that all along. But consider this
                                                     body that helps build relationships.             analogy: It’s as if all of us are speaking
Every time you communicate with an                                                                    both English and French, with French being
employee you need to consider your delivery.         In addition, you’ll also strengthen those        nonverbal communication. Some people
You may think you’ve been clear, because             relationships if you work on keeping what        understand French and use it; others don’t.
your words were, “Stop doing this,” or “Do           you say and what you do consistent.              Those who use it are getting so much more
it this way,” but if the nonverbal message                                                            understanding and clarity than those that say
disagrees, that’s what the employee is going         Do you have a problem with employees             “there is no such thing as a French language.”
to “hear.”                                           taking your seriously and following through      They may think it doesn’t exist, but at the
                                                     on your requests? You may need to convey         same time, they may be wondering why
Of course, you’re not the only one giving            more confidence and conviction. Think             they’re having problems at work, problems
off signals. Effective managers look for cues        about taking up more space. Start with           in their relationships, and why people around
from employees, too. How, where and when             a broader stance. For men, that means            them are unhappy. They don’t get it, because
your employees communicate with you can              standing with your feet up to 10 inches          they think they’re being so clear just by
tell you how they feel about you and their           apart, for women, wearing pants means you        using English.
assignment.                                          can increase the distance between your feet
                                                     to seven or eight inches. Keep your arms         So tomorrow go into work and speak a little
For example, do your workers ever come               further from your body. Keep your head up,       “French.”
into your office to talk? A lot of managers           and make significant, lingering eye contact
think that if they don’t, it’s a good thing - that   without staring. In addition, use a strong
their employees just aren’t having problems.         voice. Strong is not just about your volume
It may, however, be a danger signal. They            level. Make sure the tone stays even, and
                                                                                                      Patti Wood, MA, CSP is a professional
may be uncomfortable with you, or they               sentences come down at the end rather than       speaker, author and coach at
may not be following through with their              go up. When we want to appear “nice,” we         Communication Dynamics. She can be
work. If they’re comfortable in your space,          tend to bring a voice up high at the end of      contacted at 800.849.3651, or by e-mail at
you’ll hear things, because they’ll feel safe        our sentences so it sounds like there is a       pwood@autosuccessonline.com.

  32                                                                                                     www.sellingsuccessonline.com
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                                                                                   AllenCheek
                            marketing solution


                                                          Accelerate Your
                                                              Advertising
                                      Asking Customers the Right Questions
                           The         automotive         measure impact on direct mail
                           industry          didn’t       marketing)
                           invent the customer          • Rate the informational value of your
                           satisfaction survey, but       Web site
                           it has become vital.         • Competitive Intelligence – find out
                           Those surveys are              what other dealerships your customer
     important, well intended and useful overall,         visited prior to their purchase
     but many overlook a powerful underlying            • Identify preferred methods of hearing
     message about specific characteristics and            about upcoming promotions
     viewpoints that can accelerate sales and keep
     customers coming back.                            Asking the right questions requires skill and
                                                       forethought. Thorough consideration must
     We all know the importance of gathering           be given to not only the type of questions
     customer information, and some would say          but also how they are worded and ultimately
     our customers are surveyed to death. But          interpreted. Key points in crafting a survey
     the reality is, information is essential and      instrument should include:
     knowledge is power.
                                                        • Limiting your questionnaire to no
     The more information you share with your             more than 20 to 25 questions.
     advertising team, the more they can mold a         • Working collaboratively with your
     targeted strategy while building an effective        advertising team.
     branding and imaging campaign that will            • Keeping the layout clean and
     stand you apart from the competition.                readable
                                                        • Avoiding unclear survey questions.
     Most data collected today seems to be focused        Try reading the questions aloud to
     on quality control standards associated with         hear how they sound. Get someone
     operational and sales protocols specifically          who has never seen the survey before
     targeted to manufacturer CSI scores. I’m not         and ask them to read it aloud to you
     implying this data isn’t critical, but it’s not    • Using a warm tone in your question,
     enough. There’s a gold mine of information           which can help demonstrate that you
     right at your fingertips.                             really care about their opinions

     Many CRM applications offer information           An effective method of capturing market
     that can be captured and entered by your sales    intelligence occurs while the customer is still
     advisors. Take advantage of this component        in the showroom. In fact, most customers
     so you don’t miss an opportunity.                 will comply since it may appear part of the
                                                       sales process. So, what this means is a strong
     Imagine harnessing the power of information       survey response rate that provides a high
     to gain market intelligence on customer           degree of confidence in the results. This
     insights that includes:                           way, you avoid the traditional methods of
                                                       telephonic or follow-up survey forms that
      • What brought customers to your Web             are most times tossed away. Listening to your
        site                                           customers is critical to a successful marketing
      • Measurement of customer and brand              campaign and also provides information
        loyalty                                        to your advertising team. Done correctly,
      • What are current market conditions             asking the right questions will pinpoint an
        that may impact sales (i.e., rising fuel       advertising campaign that will bring in more
        prices)                                        customers and accelerate sales.
      • What brought the customer into your
        dealership
      • Identification of the most important
        reasons for purchasing a vehicle from
        your dealership
      • Customer Profile – (i.e., measurement
                                                       Allen Cheek is the president of
        of demographic characteristics for             CLARITY oms. He can be contacted at
        target marketing)                              866.611.0998 or by e-mail at
      • Identify key geographic areas (i.e.,           acheek@autosuccessonline.com.


36                                                        www.sellingsuccessonline.com
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                                                                            MikeNichols
                        marketing solution



                            A Disciplined Market
                          Plan Works Every Time
                    It takes more than            Then, select mediums that you can make the
                    advertising to be a           most impact with, rather than buying a little
                    successful dealership.        here and a little there. Television is a great
                    It takes vision, risk,        way to reach the largest number of people
                    determination and a           with your brand positioning. High-frequency
                    lot of hard work to           buys on radio and cable TV are great ways
succeed as an automotive dealer.                  to re-enforce your brand positioning along
                                                  with a “buy now” message to a smaller
That being said, a disciplined marketing plan     group of people over and over again. You
is important and will work every time.            can run a consistent print or mail campaign
                                                  to give more details about the products and
The key to success in the automotive business     services your dealership offers, or choose
is the people, product and promotion. Having      a combination of media. All advertising
the right cars and trucks at the right time at    mediums have value. You have to pick the
the right price, and having a well-trained,       ones that you believe will work best for
informed staff that will provide customers        what you are trying to accomplish and stick
service that meets or exceeds the dealership      with it long enough to measure the results.
expectations is key.                              You can always make changes and improve
                                                  your plan.
Sit down with all your managers and create a
marketing plan.                                   Periodically communicate to all your
                                                  employees what you are advertising.
Forecast how many cars and trucks you plan        Every one in the store needs to know your
to sell, put a dollar figure per vehicle towards   dealership’s core values, so they will be able
marketing, and come up with an annual dollar      to communicate them to all your customers.
figure for advertising and allocate a portion
to each month. Then, do something very            You’ve just created a branding campaign
important: Factor out how much has already        that communicates to your customers and
been allocated to everything that goes into       employees who you are and what you are
advertising. That’s why you need to do this       trying to accomplish.
exercise with your entire management staff
present. Most of the time, there are a lot of     Success happens in stores that create their
dollars already allocated to things that an       marketing plan, and then put the pressure on
owner or manager isn’t aware of.                  themselves to take better care of their people,   “Call me             Dealers using
                                                  customers and inventory instead of trying to                             the “I Like
Then, figure out what your dealership’s            fine the latest and greatest ad campaign.
                                                                                                    today!                        That
core values are. How would you like your                                                            You’ll                  Payment”
potential customers to think of you? Is it just   Put your plan into action. Monitor and work       like the                 program
lowest price, or are there other unique selling   your plan. You’ll be more likely to hit your                              are doing
points about your dealership beyond price?        target, your employees will all be more
                                                                                                    results!”
                                                                                                                           awesome!”
Build your core message around those unique       in tune with the direction of the store, and
positions. Create a positioning statement of      you’ll do something very important: You’ll
who you really are as a dealership, and build     never be surprised that you spent more than
it into all your advertising.                     you expected to. A disciplined market plan
                                                  works every time.
Define your best opportunities for growth.                                                            RAQUEL SMITH, VP SALES/MARKETING
Is it new? Is it pre-owned? Cars or trucks?       Good selling.
Is it in service? And since you still need to
give potential customers reasons to buy
now, create advertising that includes special
offers, prices or payments along with your
positioning statement. This message speaks
to people in the market today, and will build     Mike Nichols is president of Nichols
                                                  Media. He can be contacted at
long-term consideration for people who will       866.590.1624, or by e-mail at
be coming into the market in the future.          mnichols@autosuccessonline.com.

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                                                                                                                                 JesseBiter
                   leadership solution




                                                                    King of Service
                       Good customer service      of Christ.” 1 Corinthians 11:1                    acknowledge that employee and allow that
                       is the lifeblood of a                                                        positive energy to motivate other team
                       successful business.       Think about the last time you ordered a           members.
                       The old adage that         meal at your favorite fast-food joint. Did
                       “cash is king” may         the cashier make you feel like a valued           “Do not be quickly provoked in your spirit,
                       have a stranglehold        customer, or just another wad of cash to stuff    for anger resides in the lap of fools.”
on the mindset of American popular culture,       into the register? Somewhere along the way,       Ecclesiastes 7:9
but the reality is that a company that            our nation lost its passion for serving others.
consistently fails to meet the expectations of    Ironically, our selfish disregard for the needs    Dealing with the public is not always easy.
its customers will find itself with nobody left    of others violates both moral values and          Unpleasant customers are bound to show
to disappoint.                                    common business sense. Economics 101              up at your dealership. The trick is to never
                                                  clearly dictates that the cost to acquire a new   allow a negative encounter to pollute your
The Internet has undeniably leveled the           customer is significantly more than selling        otherwise-positive workplace atmosphere.
playing field for car shoppers. It takes           to an existing customer. So why would any         Implement a zero-tolerance policy for
more than financing deals, rebates, and            business not make customer service a top          employees who slander customers to other
other creative promotions to cater to this        priority?                                         co-workers. Comments like: “That guy was
more-educated customer base. Successful                                                             really stupid,” or “She was such a _______,”
dealerships have realized that slashing prices    It all starts with hiring the right people.       are simply not constructive and can poison
and offering margin-killing incentives can        Look for candidates with a sincere desire         the efforts of others in the organization. Your
only go so far. As profits begin to disappear,     for serving others. Existing employees need       ability to effectively handle adverse customer
inevitably, so will the business itself. So how   to be retrained and regularly reminded of         encounters will make dealing with courteous
does a dealership keep up with increasing         your customer-first philosophy. Set the bar        customers even more enjoyable.
business costs, decreasing profits, and a          high and set an example for your employees
notoriously fickle car-buying public caught        to follow. If you notice mistakes being
in the middle? Give them more than just a         made, work with your employees to make            Jesse Biter is the president and CEO of
great deal.                                       the necessary adjustments. If you catch           HomeNet, Inc. He can be contacted at
                                                  something particularly noteworthy such as a       866.239.4049, or by e-mail at
“Follow my example, as I follow the example       customer compliment – by all means, openly        jbiter@autosuccessonline.com.




  38                                                                                                   www.sellingsuccessonline.com
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                                                                      SeanWolfington
                   leadership solution


                                                  The Seeds of
                                                   Leadership
                      All around us, people       Provide others with relevant interesting
                      are looking for leaders.    opportunities and with proper measures and
                      But where do leaders        rewards, and they will more than repay your
                      come from? How do           confidence.
                      we recognize them?
                                                  Courage/Fortitude: Fortitude makes a leader
Planted deep within each one of us is a seed      firm in the face of difficulties, and constant
of leadership that, if nurtured and cultivated,   in the pursuit of righteousness. A leader who
will bear fruit. Dr. McKinley Johnson, author     cultivates the seeds of courage and fortitude
of “Natural Leadership Development” states,       will have strength to resist temptations, to
“The seed of leadership is sown in the heart      overcome obstacles, to face fear, and even
of every person. However, a leader must           to suffer persecution in humble meekness.
be placed in the right environment for this       A leader with a breastplate of courage will
seed to germinate properly.” As a leader, you     be able to make difficult decisions bravely,
must know yourself and your own strengths         and implement them with truthfulness and
and weaknesses, so that you can build the         sensitivity.
best team around you. Whether you are a
leader in the home, in the community, or in       Knowledge: The seeds of knowledge give
any business, leadership must be centered         a leader the confident understanding of a
on a solid foundation of virtues. Ensure          subject, along with the ability to use it for a
that your managers are applying these same        specific purpose. Knowledge is information
principles. Good leadership principles must       obtained through reason and is the common
cascade down through the whole dealership.        point between truth and belief.
The fundamental seeds of leadership are
seven-fold:                                       Reverence: Being faithful and devoted to
                                                  living each day through goodness in word
Wisdom: Wisdom is the ability to recognize        and deed is at the heart of this seed. Leaders
the difference between good and evil, and         who reap the fruits of this seed give respect
choosing what is good. Wisdom can also be         and praise when due, and are rewarded
applied in the way we incorporate our values      accordingly.
into our decision-making process. A wise
leader is able to link the past, present, and     Wonder/Awe: With the gift of wonder and
future by making decisions today that are         awe, a leader has the ability to see the world
driven by the vision of tomorrow and based        in its entire splendor. Albert Einstein once
upon what was learned yesterday.                  said, “The most beautiful thing we can
                                                  experience is the mysterious. He to whom
Understanding: The virtue of understanding        this emotion is a stranger, who can no longer
provides leaders with the insight to perceive     pause to wonder and stand rapt in awe, is as
situations in the broader scope of the “bigger    good as dead: His eyes are closed.”
picture.” Growth in this area comes through
meditation and reflection, and surrender to        The fruit of the seeds of effective leadership
one’s own expectations to make room for           is an environment filled with loyal and
new insights. From the fruit of this seed, an     trusting followers who have learned by the
effective leader will be able to understand       examples that have been shown them, and
the true meaning of life, thereby empowering      who, by their own will and desire, seek
and equipping his or her followers for success    what it is that they have been influenced by.
while discovering how to develop an attitude      Great leaders bear the fruits and know how
that inspires and motivates colleagues.           to communicate and inspire others through
                                                  a life of service, kindness, faithfulness and
Counsel/Right Judgment: In adverse and            love.
challenging situations, this seed will not
only enable a good leader to exercise good        May that ever be so with us.
judgment, but will enable him or her to
advise and help others to make the right          Sean Wolfington is the owner of
decisions, as well. Have faith in people to do    BZResults.com. He can be contacted
great things - given space and time, everyone     at 866.802.5753, or by e-mail at
can achieve more than they thought possible.      swolfington@autosuccessonline.com.


october 2006
                                                                                                    39
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                                                                                                                                ScottJoseph
                        marketing solution


                                      Scott’s Individualized
                            Consultation Transcripts, Part 4
                     John (real name omitted      Now if you take those same goals and                noticed that bothers me is that many of these
                     to protect the store’s       increase those by just a small growth of 10         dealerships want to jump, almost grasshopper-
                     identity) is the owner of    percent watch what happens. Your active             like, onto the latest-and-greatest-sounding
                     a Chevrolet dealership       customer base grows from 2,300 to 2,530.            faddish concept. The problem with this is that
                     on the East Coast. His       A simple 10 percent increase makes your             you operate your sales and marketing efforts
                     customer satisfaction        gross average grow from $2,000 to $2,200            totally tactically; erratically hopping from one
scores are above average, but sales are flat.      and your frequency jumps from .29 to .32.           superficial technique to another.
                                                  Now when you take the new numbers and
In this consultation, I gave John a wide range    multiply them you come up with $1,781,120           This makes your marketing inconsistent and
of innovative ways to approach prospects,         in gross profit. You’ve just increased your          irregular. For most dealerships, marketing is
showed him how to resell existing customers,      gross profit by $437,120. That’s almost a 33         uneven and haphazard. Certainly it’s not at all
and told him how to word a compelling             percent growth rate. Remember that extra            strategic. Some weeks you’ll run a newspaper
message to convert the “deadwood” of his          $437,000 in gross is only when you factor in        ad, other weeks you’ll do a mailing, but
mailing list into live buyers.                    the sales side and only with people who own         worst of all – most weeks you do nothing
                                                  one car. Imagine what the number could be           consistently, continually or systematically.
If you want to reach more prospects or convey                                                         There’s nothing tying it all together.
                                                  if you made the same improvements in your
a stronger and more compelling message,
                                                  fixed operations, too.
read this transcript.                                                                                 You’ve been so set on getting new business I
                                                  Now if I were to ask you before this                see a little bit of this with your store.
(Continued from August 2006 issue of
AutoSuccess…)                                     conversation, “Can you grow 33 percent this         When you do this you can’t rely on a
                                                  year?” you probably would have had your             predictable traffic flow, sales flow or multiplied
Scott: Earlier you told me you had right at       doubts. But if I were to ask you, “Can you          profitability. It’s feast, then famine. It’s a
8,500 previous customers and you average          grow your active customer base by 10 percent        record month, then a dismal month.
just over $2,000 when you sell a car, right?      or your gross average or frequency what
                                                  would you say?”                                     J: I agree. We’ve tried to sit down and come
John: That’s correct.                                                                                 up with a set advertising plan but it seems like
                                                  J:  I agree 10 percent on all those goals           it lasts for about a month and then something
S: Do you know how often people come back         seems reasonable, but it’s a lot easier said        comes up and we abandon it. It’s hard to
in and buy from you?                              then done.                                          stay with a plan because the market is always
J: I have no idea.                                                                                    changing and the manufacturer is constantly
                                                  S: I agree. If it were easy everyone would
                                                                                                      changing incentives.
                                                  do it. That’s what’s great. You can almost
S: If you did know what do you think it
                                                  always count on most of your competitors            S: I like the fact that you are so aggressive
would be?
                                                  to not do it. They either don’t have the right      trying to sell more cars. I want to make sure
J: I really don’t know I would guess about        marketing strategy, most don’t have the             you get what I’m talking about when it comes
every three and a half years.                     right mindset and the most difficult thing is        to your mindset because I want to make sure
                                                  to really optimize everything. According to         you don’t fall into that trap and give up on
S: I assume that’s just on the sales side, not    you, increasing your gross profit was just one       everything thirty to sixty days after this
parts and service, right?                         of the things that had to happen in order for       conversation.
                                                  you to know you were the best Chevrolet
J: Yes, just for sales. What if they’ve bought    dealership in the northeast. I’m here to tell       Almost every dealership I’ve ever worked
more than one vehicle from us?                    you if you open your mind and increase each         with was massively under utilizing their
                                                  of these three goals by just 10 percent, you        resources when I got to them. You are too.
S: Then the number would be higher. For the
                                                  will also accomplish everything else you need       If I can open your mind to taking advantage
sake of keeping it simple let’s just talk about   in order for your store to become exactly what      of some of the assets you already have I think
sales and the one vehicle for a moment. One       you want it to be.                                  you’ll find it easy to sell a lot more cars. Does
year divided by 3.5 comes to almost .29. That                                                         that make sense?
means your customer frequency average is          J: I like everything you’re saying. In order
.29 times per year.                               for me to buy into a new mindset I’m the kind       J: Sure.
                                                  of guy that has to see how you would suggest
Let me show you a formula I show all my                                                               S: Ok let’s start to talk about the importance
                                                  we accomplish these goals. I agree with the
private clients. Let me ask one more question.                                                        of a great marketing strategy….
                                                  theory but I need to see a game plan. Are we
Of those 8,500 customers, how many of them
                                                  talking about drastic changes?                      Over the next several months the rest of this
bought within the last 12 months?
                                                  S: I like to think of it as a marketing makeover.   private consultation will be printed. If you
J: Well last year we sold just over 2,300 cars.                                                       would like it in its entirety now please e-mail
                                                  When we first start working with dealers and
                                                  general managers, it seems initially they’re        Scott Joseph at the e-mail below
S: Now take those 2,300 customers and
multiply them by your average gross of            constantly looking for the newest business          Scott Joseph is the president of J&L
$2,000, then multiply that number by your         building strategies and those ultra-inventive       Marketing, Inc. He can be contacted at
frequency number of .29 and you come up           ideas that will give them the quickest financial     866.429.6846, or by e-mail at
with $1,344,000 in gross profit.                   payback on their investment. One thing I’ve         sjoseph@autosuccessonline.com.


  40                                                                                                     www.sellingsuccessonline.com
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                                                                                                                    CharlesArrambide
                   leadership solution


                                    Avoiding Regulatory and
                          Compliance Attacks in Sales and F&I
                       As a dealer, you          traffickers and others.                             to going to court, binding arbitration provides
                       face regulatory and                                                          a fair and efficient forum for resolving legal
                       compliance      attacks   OFAC requirements apply to all cash, credit        disputes. When a properly drafted agreement
                       from          numerous    and lease transactions, as well as consumer-       is used, binding arbitration can benefit all
                       sources, such as class-   and business-purpose transactions. To ensure       parties involved.
                       action lawsuits, big      that the customer who is about to buy a vehicle
verdict non-class suits, the Federal Trade       from you is not on the list, you must screen        • The arbitration process is private in all
Commission, state attorneys general and many     his or her name against the OFAC database.            jurisdictions.
others. In the last five issues of AutoSuccess,   The same applies for vendors and employees.         • Professionals make decisions in
I have covered some of the top ways to avoid     For an overview of how to comply, see the             arbitration cases, lessening the risk of
becoming the target of such actions. The         June, 2006 issue of AutoSuccess. Talk with            an extreme award.
following review will help you determine         your legal counsel to ensure you are fully          • Arbitration is typically less expensive
whether you are taking important measures to     compliant with OFAC requirements.                     than resolving a dispute through the
protect your business and legacy.                                                                      court system.
                                                 Self-Audits                                         • Arbitration is faster. On average,
The Safeguards Rule                              Inspect what you expect. It is not enough to          arbitration cases are resolved in less
Every week, it seems, there are new reports      develop compliance-related programs and               than nine months, while the average
of data breaches at major corporations.          processes for your dealership. You have to            civil case takes more than two years.
These security breakdowns expose the             follow through on implementation. A great
personal information of millions of people to    way to do this is by conducting a self-audit       To help you decide whether arbitration is
risk. Such breakdowns occur in dealerships,      of your sales and F&I areas. It is simple to       right for your dealership, read my article in
too. Imagine the hassle, embarrassment,          do and well worth the time. Your self-audit        the September, 2006 issue of AutoSuccess.
negative publicity and loss of business you      may reveal a minor discrepancy that you can        Consider the pros and cons, and talk with
would endure if your customers’ sensitive        correct before it becomes a costly compliance      qualified legal counsel. If binding arbitration
information was lost or stolen.                  issue. See the July, 2006 issue of AutoSuccess     is right for you, implement it using a properly
                                                 for tips on conducting self-audits.                drafted agreement.
The Safeguards Rule (covered in the May,
2006 issue of AutoSuccess) requires dealers      Employee Education                                 Bottom Line
and other financial institutions to have          Your self-audit may uncover a compliance           While compliance regulations change
measures in place to ensure the security of      gap that you can correct with training. For        frequently, one thing remains the same: The
customer information. You were required to       example, if employees are not complying with       best business practice you can implement is to
be in compliance with the rule no later than     Safeguards Rule requirements, determine            treat every customer the right way. Ultimately,
May 23, 2003. I encourage you to find out if      whether they received sufficient training. If       it will help protect your business and your
you are still compliant.                         the training was not adequate, your employees      legacy.
                                                 may not know how to comply with the rule.
Work with qualified legal counsel and evaluate    That lack of compliance could have serious         This information is presented for risk
your information security program at least       consequences for your customers and your           management purposes only. It is not to be
annually to ensure you remain fully compliant    business.                                          construed as legal advice or legal opinions.
with the Safeguards Rule. By protecting your                                                        Consult your legal counsel for assistance.
customers’ information, you are protecting       Ongoing education and development will             Universal Underwriters Insurance Company,
yourself and your business.                      help ensure that your employees stay on top        its affiliates, agents and employees assume
                                                 of compliance issues. Give employees the           no responsibility or liability for making this
Office of Foreign Assets Control (OFAC)           tools and knowledge they need to succeed,          information available.
The government prohibits all U.S. persons        and you will reap the benefits. Training
from doing business with any individual,         and development resources are listed in the        Charles F. Arrambide is assistant vice
group or entity listed on the “OFAC” list,       August, 2006 issue of AutoSuccess.                 president and associate risk officer
also called the “Bad Guy” list and “Specially                                                       for Universal Underwriters Insurance
Designated Nationals and Blocked Persons”        Binding Arbitration                                Company. He can be contacted
list. It includes the names of thousands         Binding arbitration can be an excellent tool for   at 866.347.5019, or by e-mail at
of suspected and known terrorists, drug          reducing risk in sales and F&I. An alternative     carrambide@autosuccessonline.com.




  42                                                                                                   www.sellingsuccessonline.com
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                                                                                                                                 TonyDupaquier
                                     f&i solution




                                                      Always Ask ‘Why’
                     Small children learn a        The best way to deal with broad objections         been determined, it is easier to overcome the
                     lot in a short time due       is to turn them into specific objections. To        objection and focus on the close.
                     to the fact that they         do this, ask the customer, “I can appreciate
                     are always asking,            where you’re coming from, what concerns
                     “Why?” As adults,             you about _________?”                              Tony Dupaquier is the director of F&I
                                                                                                      Training for the Automotive Training
                     we assume we know                                                                Academy. He can be contacted
why things happen or why people act in a           This simple question should reveal the true        at 866.856.6754, or by e-mail at
certain manner. However, when attempting           objection. Is it price or value? Once this has     tdupaquier@autosuccessonline.com.
to overcome objections, it is important not to
assume why a customer has made a decision,
but rather to dig deeper and learn the real
reason why the customer declined a product          Work Smarter. Market Smarter.
or service.

Too many times, business managers utilize
a “shotgun” approach. When business
managers conduct business in this manner,
they start throwing product knowledge at
customers to explain how good a product
or benefit is. On occasion, a business
manager says something that resonates
with the customer, and the customer closes.
Unfortunately, this approach is detrimental
to the car deal on the whole, reducing CSI
and increasing the chances of a chargeback.

Instead, business managers should use more
of a “rifle” approach with customers. This
approach encourages the business manager
to know what the wants/needs are, so that he
or she can pinpoint and aim directly at the
need/want to make the close.

There are only two reasons why customers
decline a product or service: Either they see
no value in the product or benefit, or it is
simply a price/payment issue. Whichever
one it is, a professional business manager
needs to be able to handle the objection.
                                                    MarketView360 is a hands-free, intelligent multi-channel marketing
When asking a customer why he or she                system that automatically sends targeted email, voice broadcast, text
declined a product, it is important to maintain     and direct mail marketing messages to 100% of your customers based
the highest level of professionalism, refraining
from sounding angry or disappointed in              on an algorithmic formula. Let MarketView360 do all the work for
any way. Rather, with a look of concern or          you, so YOU can focus on the right things; boosting sales, generating
confusion, simply ask the customer why he
or she did not opt for the product.                 service & parts revenue, and keeping profitability at a maximum.

There are two types of objections: broad
and specific. A broad objection is when a
                                                    Call 1.866.591.4238 or
customer says “no,” without giving any              visit www.marketview360.com
reason as to why. A specific objection is
when the customer gives a particular excuse         to find out more about MarketView360
for saying “no.” A specific objection is
easy to handle, a broad objection is almost
impossible to overcome.
                                                                                         The Most Intelligent Multi-channel Marketing System On The Planet


october 2006
                                                                                                                                                       43
Congrats!
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HouseofCourtesy.com   Sheehy.com   RedMcCombs.com        Schomp.com




9 10 BZResults.com
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AutoSuccessOct06

AutoSuccessOct06

  • 1.
    AutoSuccess Best PracticesSummit V. Details on Page 4 October 2006
  • 2.
    We are thesmarter place to buy and sell new cars. Were you surprised we said new? You may not think of AutoTrader.com for new cars. But a lot of people do. In fact, three million new car shoppers visit AutoTrader.com every month, and two-thirds of them will be driving home a new car within two months. With numbers like that, it’s easy to see why AutoTrader.com is a great way to reach new car buyers. To reach more new car buyers, call 1-888-249-6860. ©2006 AutoTrader.com is a trademark of TPI Holdings, Inc. and is used under license.
  • 3.
    Dear M r.Costellos, T ha nk you for all tur n y owing us to he our sales rig lp ht side up. I a ver y happ y to hear tha m 57 units ty ou delivered with a g r o $193,905 s s pr o fit of .45. Even bet your own te r, you did it on without a sta f fing company T his sav ed you $48,4 . you n 7 6.36. I’ ll se ext month. T h e anks a gain. If you would like to enjoy the same results Mr. Costellos did, call Turn-Key Events, the #1 Do-It-Yourself sales event provider. No Teams, No Commissions, Just Traffic!....and big $ in your pocket. CALL FOR A FREE MARKET REPORT AND The Driving Force Behind RECEIVE A 10% QUANTITY BONUS! Automotive Advertising Market Exclusive 866-665-5507 Copyright © 2006 Turn-Key Events and it’s licensors.
  • 4.
    SUMMIT V BEST PRACTICES 866.396.7050 Experience real Case Studies that can help your dealership LEADERSHIP • INTERNET • CRM • MARKETING • BDC • SALES immediately. Tuesday and Wednesday, November 7th and 8th 2006, at the Venetian Resort and Hotel, Las Vegas, NV. Dean Evans David Kain David Chip Perry Ralph Paglia Dale Pollak Phil Sura Vice President, Field President, Kain Automotive Thomas CEO and President, CRM/eBusiness Director, Courtesy Chevrolet Co-founder and Chairman, VP of Automotive Division, Dealers & Managers Only! Marketing, The Cobalt Inc. Internet & BDC Training Owner, Subaru of Dallas AutoTrader.com mPower Auto UnityWorks Media Group Specialist Case Study: How Courtesy You will learn: You will learn: Case Study: How I lowered my advertising expense and Internet Advertising Best Practices Chevrolet’s business and CRM teams grew to over Gamble in Vegas, don’t gamble with your used car You will learn: - About the repositioning of Two days of intense - Internet Marketing that generates high-quality leads - Mapping out the best Internet sales process increased my market share You will learn: 400 vehicle sales per month You will learn: inventory automotive advertising - How the traditional 50 year learning. Dramatically - Maximizing lead generation from your Web - E-mail templates for the best short and long-term You will learn: - About ‘Mooch Marketing’ - How AutoTrader.com’s top performing dealers get their - How to grow your CRM and Internet teams You will learn: - How to improve your approach to advertising is changing, and were it is improve your results. site communication - Ways to advertise for free outstanding results - What to measure, and used vehicle volume, gross heading - Maximizing third-party - Phone script elements that -Low-cost marketing ideas - Take home examples of how to collect the data... and age - How video content makes automotive sites - Metrics that matter: Focus turn leads into appointments - Recruiting, hiring and that get noticed - How to run events that get effective merchandising you can put to Performance metrics that matter - How to improve everyday decisions that affect your it easier for the Internet team to “harvest Web site leads” Limited Seats, on return on investment compensating for results you noticed - How to generate car immediate use - Create a true CRM Profit Center - Manage your own SEM volume, gross and age - How to understand the - The opportunities available with video streaming Register Today! Wow! I was hoping to gain at least 5 new ideas to take our Internet sales to the next level. I had more reviews in your local paper and online ad campaigns changes responsible for than 5 the very first day. - Use your BDC as a safety profit margin pressures net for the Internet sales team Case studies from The thing I liked best was the people. The sharing of information during breakfast and lunch was just as helpful as the quality presentations. Great people who work hard and play hard...after all it was Las successful dealerships Vegas. I enjoyed the casual and professional environment and the opportunity to visit with 15 vendors in between speakers. across the country. “What happens in Vegas goes back to Texas”. I met with my Internet team of 10 professionals and started to implement ideas on Saturday afternoon. This was my first Summit and I hope I can come again in November! Classroom style seating Great Show....Fabulous Ideas!!! Thanks. only $595. Special Joe Healy, Internet Director at Lawrence Marshall Dealerships 979-826-7103 Venetian room rates for Sean Roy Reutter Scott Joseph Mark Tewart Tony Rimas Mike Parsons Robert Basha $209 per night, while Wolfington Owner, BZResults.com Sheehy Auto Stores President & CEO, J&L Marketing, Inc. President, Tewart Enterprises Red McCombs eCommerce Director, Asbury Automotive Group Co-founder, Auction123, Inc. they last. Case Study: Sheehy.com Case Study: Grow your Case Study: New You will learn: Case Study: How Case Study: How to use increases leads from 400 Internet department through Growing your sales or Speakers and times subject to change marketing strategy focuses - How to engage customers - 2400 per month Auction123 rolled out a BDC/Internet departments on steady long term growth. intelligently while learning a defined process, efficient yourself: Understanding the how traditional “meet and new thinking in Internet to sell 100 - 500 extra cars Dealership’s market share staffing, and strategic “why” is more important than You will learn: greet” strategies can management and re- a month. increases from 8% to 32% advertising the “how.” - How to increase leads reduce sales marketing. Streamline your and grows net profits from - How to increase and sales volume without inventory, 3rd party lead You will learn: $170,000 to over 2.2 million You will learn: professionalism, write-ups generating sites, eBay, - How to set up a successful increasing lead expense - How to structure and staff in just two years and sales by eliminating BDC/Internet department - Improve sales and reduced and your Web site into one “Deal Killer” questions low volume or high volume - Use the Web to promote cost per sale at the same time You will learn: - How to define and management solution dealership locations all your profit centers - Improve profitability by - A growth strategy to grow implement 5 universal laws - Create a process to support - Use the Web to drive improving the quality of leads your profit a minimum of that increase sales You will learn: your customers and staff through your own site 33% per year - How to improve gross - How to simplify all of showroom & phone traffic efficiently - Increase closing ratios and - New promotions strategy profits by implementing your Internet re-marketing - Sell old stock, vehicles & - Increase ROI through better proposals parts inventory average gross profit with using personalized Web outlets into one Web based - How to reduce customer inventory selection and lead - Use e-mail marketing to profit improvement pages and direct mail management software conflict and increase sales allocation drive more traffic for zero - Sell old stock units via - How to increase your floor and gross profit through - Maximizing eBay Motors’ - Streamline online cost the Web traffic during your slowest better handling of price, potential with a seamless advertising to maximize Web days of the week payment and negative equity solution objections site conversion - A new outlook on marketing your vehicles online Call today to register. Seating is limited. toll free: 866.396.7050 web: www.autosuccessonline.com
  • 5.
    Making the Mostof Change 8 BrianTracy Increase Your Effectiveness With Clients 10 TomHopkins Selecting the Right Fuel for Your Engine Maximizing Search Engine Performance 12 SeanWolfington The Wisdom of Wealth and Other Money Lessons 14 MichaelYork Key Performance Indicators, Part 3 16 HeatherConary 8 Points of Action to Increase Sales 18 DavidThomas The Power of a Genuine Compliment 19 JeffMorrill Five Keys to Successful Automotive Marketing, Part 2 20 JimmyVee & TravisMiller Complete Sales Freedom in Two Years or Less 22 MarkTewart Multi-Channel Approach to Marketing 23 SunnyKnocke Search Engine Marketing Is It Right for You 26 MikeParsons Don’t Try to Convince Someone to be the Internet Sales Manager 28 DavidKain Personalize Communication to Better Reach Your Customers Video E-mail: 30 JasonPrice Investing the Fundamentals, Part 4 31 TimShea Managing Your Employees With Your Nonverbal Communication 32 PattiWood Accelerate Your Advertising Asking Customers the Right Questions 36 AllenCheek A Disciplined Market Plan Works Every Time 37 MikeNichols King of Service 38 JesseBiter The Seeds of Leadership 39 12 SeanWolfington Scott’s Individualized Consultation Transcripts, Part 4 40 ScottJoseph Avoiding Regulatory and Compliance Attacks in Sales and F&I 42 CharlesArrambide Always Ask ‘Why’ 43 TonyDupaquier Patrick Luck, Editor & Publisher Courtney Paris, Sales-improvement Strategist luck43@sellingsuccessonline.com courtney.paris@sellingsuccessonline.com Susan Givens, Vice President Brian Ankney, Sales-improvement Strategist sgivens1@sellingsuccessonline.com super6@sellingsuccessonline.com 3411 Pinnacle Gardens Drive Thomas Williams, Creative Director Brian Balash, Sales-improvement Strategist Louisville, Kentucky 40245 design@sellingsuccessonline.com bb11@sellingsuccessonline.com toll free: 877.818.6620 Dave Davis, Creative Strategist & Editor Charlie Tierney, Sales-improvement Strategist ddavis@sellingsuccessonline.com cpt2@sellingsuccessonline.com facsimile: 502.588.3170 Toni Stephens, Sales-improvement Strategist web: www.SellingSuccessOnline.com tstephens@sellingsuccessonline.com helping to promote... Matthew 6:33 “But seek first His kingdom and His righteousness, and all these things will be given to you as well.” God is the source of all supply AutoSuccess Magazine is published monthly at 3411 Pinnacle Gardens Drive, Louisville, Kentucky, 40245; 502.588.3155, fax 502.588.3170. Direct all subscription and customer service inquiries to 877.818.6620 or info@autosuccessonline.com. Subscription rate is $75 per year. AutoSuccess welcomes unsolicited editorials and graphics (not responsible for their return). All submitted editorials and graphics are subject to editing for grammar, content and page length. AutoSuccess provides its contributing writers latitude in expressing advice and solutions; views expressed are not necessarily those of AutoSuccess and by no means reflect any guarantees. AutoSuccess accepts no liability in respect of the content of any third party material appearing in this magazine or in respect of the content of any other magazine to which this magazine may be linked from time to time. Always confer with legal counsel before implementing changes in procedures.© All contents copyrighted by AutoSuccess Magazine, a Division of Systems Marketing, Inc. All rights reserved. Reproduction in whole or part is prohibited without express written consent from AutoSuccess. AutoSuccess may occasionally make readers’ names available to other companies whose products and/or services may be of interest; readers may request that names be removed by calling 877.818.6620. Printed in the USA. Postmaster: Send address changes to AutoSuccess Magazine, 3411 Pinnacle Gardens Drive, Louisville, Kentucky 40245.
  • 7.
    sts fos ls ms sf fis BrianTracy sales and training solution Making the Most of Change To deal with change, is simply to accept the change as a reality. unexpected change or setback? As you begin perhaps the most Acceptance is the opposite of rejection or thinking of all the things you can do, you are valuable quality resistance. Acceptance keeps your mind calm adjusting your mind to the new information you can develop is and positive. The minute you accept that a and preparing to take steps to deal with the flexibility. Form the change has occurred and that you can’t cry change effectively. habit of remaining over spilled milk, you become more capable open-minded and adaptable to new of dealing with the change and turning it to The final part of this four-step method for information and circumstances. When things your advantage. dealing with change is to improve on the go wrong, as they sometimes will, instead existing situation. Often, a change signals of becoming upset or frustrated, practice One of the best ways to deal with the worry that your plans are incomplete or that you looking into the change or reversal for the that is often generated by unexpected might be heading in the wrong direction. opportunity or benefit it might contain. changes is to sit down and answer, on paper, Serious changes, which seemingly create the question: “What exactly am I worrying real problems, are often signals that you are Superior men and women are invariably about?” on the wrong track. There is an old saying, those who remain calm and keep their wits “Crisis is change trying to take place.” If, about them amid unexpected turbulence. In medicine, it is said that accurate diagnosis instead of resisting change, like a pine tree They take a deep breath, relax and assess the is half the cure. When you sit down and that snaps in a strong wind, you bend with situation objectively. They keep themselves define a worry situation clearly on paper, it change like a willow tree, you will often find calm and unemotional by asking questions suddenly becomes less stressful to you and it that the change is a healthy and positive step and seeking information when things don’t will often resolve itself. In any case, when it toward achieving your goals. work out as they expected. For example, if is clearly defined, you have diagnosed it, and someone doesn’t fulfill a commitment, or if you can now do something about it. W. Clement Stone, the founder of Combined a sale is canceled or fails to go through, they Insurance Company of America, is famous keep their minds clear and steady by asking The second step is to ask yourself, “What for his attitude of being an “inverse paranoid.” questions, such as “What exactly happened is the worst possible thing that can happen He is convinced that everything that happens in this situation?” They deal with change in this worry situation?” Much worry and is part of a conspiracy to help him to be more by focusing on getting the facts before stress comes from the refusal to face what successful. Whenever something unexpected responding. They develop the ability to cut might happen as a result of your difficulty or occurs, he immediately says, “That’s good,” through the confusion and ask questions such problem. When you clearly define the worst and then looks into the situation to find out as “Why did this happen? How did it happen? possible outcome and write it down next to exactly what is good about it. How serious is it? Now that it has happened, the definition of the problem, you will find what are the various things we can do?” that whatever it is, you can handle it. Often The mark of a superior person is “tolerance for your worries will begin to evaporate as soon ambiguity.” This simply means that you have The critical issue in dealing with change is as you have clearly determined the worst that the capacity to deal effectively in a rapidly the subject of control. Most of your stress and might happen as a result. changing situation. The higher up you go - unhappiness comes as a result of feeling out the greater your income and responsibilities, of control in a particular area of your life. If Now decide to accept the worst possible the higher your status and position - the faster you think about the times or places in which outcome should it occur. Mentally resolve the rate of change will be around you. At you feel the very best about yourself, you that even if the worst possible consequences every stage, it will be your ability to function will notice that you have a high degree of ensue from this situation, it will not be the with calmness, clarity and quiet assurance control in those places. One of the reasons end of the world for you. You will accept it that will mark you as the kind of person who you like to get home after a trip is that after and carry on. In fact, it could probably be is going places in life. In the final analysis, you walk through your front door, you feel a lot worse. The very act of accepting the your ability to perform effectively in a world completely in control of your environment. worst possible outcome completes the cycle of ongoing change is the true measure of You know where everything is. You don’t of eliminating from your mind the stress and how well-developed a person you really are. have to answer to anyone. You can relax anxiety associated with the situation. And the keys are to accept change, adjust to completely. You are back in control. change, improve upon change and move on You are now ready for the third step to the next situation. As you continue to do With a clear idea of where you’re going and in dealing with change, and that is to this, you will have such a wonderful feeling what you want to accomplish, you develop adjust your behaviors and actions to the of self-control and self-determination that resilience, which is the ability to bounce back new situation. Ask yourself, “What are all your whole life will be bright and positive, rather than break. You develop what is called the things I can do to make sure that the and so will your results. the “hardy personality” and become the type worst possible outcome does not occur?” of person who is resistant to the negative Sometimes we call this damage control. In emotions that affect people who have no business schools, this is an important part of Brian Tracy is the chairman and CEO goals or direction. decision making, and it is called the mini-max of Brian Tracy International. He can be regret solution. What can you do to minimize contacted at 866.300.9881, or by e-mail at The first step in dealing with any change the maximum damage that can occur from an btracy@autosuccessonline.com. 8 www.sellingsuccessonline.com
  • 8.
    Introducing Dealix’s UsedCar Advertising and Leads Program Call Dealix today at (800) 717-8079, or visit www.dealix.com. Dealix Drives Success.
  • 9.
    sts fos ls ms sf fis TomHopkins sales and training solution Increase Your Effectiveness With Clients The power of the chances they’ll say “yes” to you: Evasive Ed is “follow-up” - follow-up until subconscious messages he buys or dies. is very serious business. First, imply in both word and movement that All of us in selling you’re “on their side.” If you’re meeting in Next is Griping Greg. Greg always has a should be concerned person, stand slightly beside them, rather problem or a complaint. It might be about about perceptions on than face-to-face. If you’re on the phone or your product, his company or even something both sides of selling situations. We must pay using written word, imply the following: “I in his personal life. He just needs to have attention to how others perceive us from the understand how you feel,” or, “I’ve been in someone listen to him. He may drag out the very first contact whether it’s in person, via that situation myself,” as long as it’s true. sales process just to have you continue to be voice, or by the written word. The message This adds a feeling that you’re a confidante or his shoulder to cry on. Be pleasant, but try you send can very easily be different than the friend, rather than the enemy sales person. to keep the conversation about business. A one you want to transmit. good tactic with the Gregs of the world is If there is a major height difference to contact them just prior to lunch or at the UCLA did a study on the initial impression between you and the parties involved, it’s end of their day. Greg will be eager to move clients had of a sales person to whom they oftentimes better not to discuss salient on to something else and not drag out the later said “yes.” In the study, 10,000 product points of the transaction until you are both conversation with his woes. purchasers were asked: “Thinking back to seated because looking up or down at a when you said ‘yes’ to the representative, person is uncomfortable. In long-distance Our next personality, Anna List, knows what were the reasons that you did? What communications, pay attention to their exactly what she wants. She’ll ask for a lot comes to mind?” The answers might surprise vocabulary. Try to match their level, rather of information and analyze every detail. She you. than talking down to them or using words will hold you accountable for every syllable that are too casual for the situation. you utter. With her, you must under-promise Seven percent of those 10,000 people and over-deliver. said “yes” because of the representative’s It’s also critical to understand that you’re product knowledge. Thirty-eight percent going to do business with people who have Finally we meet Domineering Donna. said “yes” because of voice quality and the certain personalities. Not everyone will be Domineering Donna may not give you all the words they used. However, 55 percent said like you, your friends or relatives. So you information you need, but will expect, since “yes” because of the first impression - the need to learn how to recognize the various you are the so-called expert, that you will way the sales people walked in and carried personality types and how to work with them know what she needs. With Domineering themselves. They had an air of confidence most effectively. I’m going to define some Donna we question, question, question and about themselves that inspired the client to personalities here as men and women, but then write down the details. You must be a trust this person as an expert in their field. please understand that the description isn’t real note taker with Domineering Donna. gender specific. Working with the facts and not letting her It’s so important that you realize that the bully you will be the name of her game. moment clients first see you they start The first person we are going to discuss is emotionally evaluating you. A lot of this is Believing Bart. Believing Bart possibly has Selling is a fun game…when you let it. done on a subconscious level. They’re not had a very positive past experience with your Challenge yourself to send exactly the sitting there thinking, “He’s slouching - he company. He believes your company can get messages you desire in both word and action. must be having an off day,” or, “Her clothes the job done for him, but you will still need Then, work on seeing how quickly you can are wrinkled - how prepared can she be to to prove your personal competence. classify each client you meet and work to help me?” serve their needs in the manner they will best The second type is Evasive Ed. Ed has such respond to. It’s much more subtle than that. It’s their a powerful fear of making a bad decision that reaction to your body language, your voice he will put it off as long as possible. He will World-renowned master sales trainer Tom or how you use the written word. cancel appointments, and avoid returning Hopkins is the chairman of Tom Hopkins your calls, but has a definite need for your International. He can be contacted at Here are some simple nuances you can services. So we must be very persistent with 866.347.6148, or by e-mail at incorporate into your selling style to increase Ed. The key phrase for working with an thopkins@autosuccessonline.com. October 24th & 25th - Irvine, CA 10 www.sellingsuccessonline.com
  • 11.
    fs feature solution SeanWolfington directories. SEO is sometimes offered as a period. Look to your provider for a tool that strategies in this fast-paced and ever-evolving Selecting the Right stand-alone service, or as a part of a larger can provide this information. world of technology can ensure strategic marketing effort, and is essential in the initial Web site listings ahead of your competitors. development and design of a site. Success: The Fuel of the Future It’s all about maximizing performance to Fuel for Your Engine Red McCombs Auto Group in San Antonio, generate desired results - higher revenue at Pay-Per-Click (PPC) Texas has found the right fuel mixture for lower costs. Pay-per-click advertisements are text ads their search engine strategy. The boom began strategically placed near search results. when Red McCombs brought on a Search Sean Wolfington is the general manager Maximizing Search Engine Performance These ads generate immediate on-line traffic to your Web site. When a visitor clicks on Engine Marketing company for consultation and implementation of a new SEM strategy of BZResults.com. He can be contacted at 866.645.7730, or by e-mail at the advertisement, the dealership is charged that included a new high-tech Web site, a swolfington@autosuccessonline.com. a small amount. PPC allows your text or Search Engine Optimization program, and a Are you getting maximum performance marketing initiatives like OEM incentives A standard SEM package should include a image ads to appear among search results as fully automated and measurable CRM tool to from your Search Engine Marketing (SEM) and rebates. Your SEM consultant should commitment to continual research, search “sponsored links,” “featured listings” or “paid handle all of customer needs and follow-up. strategy that drives traffic leads and increases possess a vast working knowledge of the engine positioning and submission of your ads.” Hiring a professional with experience in The results were immediate, and sales have RED McCOMBS SUCCESS sales? If not, it’s time for a pit stop to give automotive industry, and must have a strong highly optimized Web site to directories. the automobile industry to direct and manage now skyrocketed by 500 units per month. Since implementing their new SEM your search engine strategy a boost with some level of experience in contending online for An SEM package should always include the your Pay-Per-Click campaign, rather than The Web site www.RedMcCombs.com has strategy, Red McCombs has... high performance fuel. An effective online competitive automotive search terms within use of Pay-Per-Click campaigns, targeted tackling this mundane task yourself, will proven its success by taking the dealership to • Increased sales by 500 units per marketing strategy will drive significantly different markets. When selecting the right dealership keywords and customized ensure an effective campaign with up to 100 a new level, and has earned Red McCombs month. more traffic and profits to your dealership’s firm to partner with, consider credentials keyword phrases for the site to increase times more keywords. Resources available to the 2005 eDealer of the Year Award. • Increased gross profit from $60K to sales, finance and service departments by and performance results based on successful visibility. Also, highly integrated diagnostic professionals generate targeted keyword lists over $750K per month transporting potential customers directly into implementation of marketing strategies with tools and reports should be included to assess leading to higher click-through rates, a better The eBusiness staff and the entire • Increased CSI and customer loyalty your dealership with a click of the mouse. other dealers. any campaign’s effectiveness. quality score and lower keyword count. The management team are excited about the • Increased closing ratio from 3 result is more targeted traffic to your site at a continued progress for 2006. Red McCombs percent to 19 percent Check Engine Light On It is beneficial to select a partner who employs What does all that mean and how will your relatively low price, because your budget is is now turning over 25 percent of their • Increased profits while reducing cost Is your dealership’s Web site appearing ahead Google AdWord professionals, since Google dealership benefit from an SEM program? being continually and effectively managed. Internet leads into showroom visits, and to under $200 per unit sold of your competitors’ sites when interested is the most widely accessed engine, utilized With literally millions of automotive over 75 percent of those visits into sales. • Awarded 2005 eDealer of the Year buyers in your region search the Web for by over 80 percent of all Internet users. These Web sites available to choose from, most Additives And the great news gets even better…Red information? With more than 300 million experts have passed a demanding exam, as consumers rely on search engines to find Supplement your high-performance SEM McCombs is increasing sales and profits online searches per day, the popularity of well as proven their proficiency by managing services to meet their specific needs. Proper program by injecting your own marketing while decreasing costs per unit by up to 50 the Internet only magnifies the necessity of Google AdWord campaigns for clients for a SEM execution ensures a strategic Web site extras. Your staff can boost the efficiency of percent. implementing and maintaining an up-to- minimum of three months. Qualified Google listing ahead of competitors. Most consumers your marketing strategy and increase traffic date SEM strategy. With research indicating AdWord professionals can effectively design do not search by dealership name; they search to your dealership’s site by simply making Many dealerships claim that SEM is now that up to 86 percent of Web sites are found and manage the most efficient solution for by specific vehicle models or geographical the dealership URL address more visible in their best online marketing investment. As a through the use of search engines, and over their clients. boundaries. So when an interested consumer your traditional advertising media. result, auto dealers continue to shift budgets half of retail consumer searches performed sits at his computer surfing the Web for from traditional advertising media to digital on Google are automotive in nature, your There are also firms which are not “full a particular model in your area, can your Compliment your SEM with reporting marketing strategies, third-party lead- dealership should be geared to capitalize on service.” Many appear to have vast dealership be easily found? mechanisms that provide the ability to generation sites and other Web marketing your fair share. offerings, but only provide basic link generate analysis reports to help you programs. It’s impossible to ignore the building campaigns. For example, some Search Engine Optimization (SEO) measure and improve the effectiveness of results. Last year more than $400 million was only offer submissions of your site to various Search Engine Optimization is a fundamental your SEM efforts by identifying exactly spent by local businesses for Search Engine directories, exchanging links with other sites part of any online marketing plan. SEO is which search engines and phrases are paying The awesome advances of Internet marketing Marketing, but this is a mere drop in the and establishing other links that point to your primarily concerned with advancing the off. A beneficial aspect of a successful SEM have given birth to a whole new realm of bucket compared to $2.7 billion forecasted site. Be careful when making your selection, goals of a Web site by improving the position program is the ability to track and measure advertising for dealerships. Consult by eMarketer for 2007. Online marketing because with so many offerings available, it of its organic search results for a wide search engine referrals beyond the initial with a qualified SEM specialist to expenditures are up 134 percent, according is easy to be misled by a complicated and variety of relevant keywords. SEO programs click-through to the dealership sites. It is determine the best options for to a recent report by the Internet Advertising confusing process. are geared toward long-term objectives equally important to be able to track your maximizing the performance Bureau, and auto dealers continue to shift of increasing both the number and quality dealership sale conversions, as measured by of your Search Engine budgets from traditional advertising to Choosing the Right Grade of Fuel of visitors to your dealership’s Web site additional revenue, average sale value and Marketing strategy. Internet marketing programs. At the pump, a number of fuel grades and through results offered on the search engine total sales generated during a given time Effective SEM additives are available to enhance the Consult the Owner’s Manual efficiency of your engine. Just like choosing Like referring to the Owner’s Manual to find the right fuel to maximize the performance information on maximizing the performance of your automobile engine, various strategies of your engine, consulting a qualified SEM for maximizing search engine results need to professional is crucial to the success of your be reviewed. Which ones are right for you? online marketing strategy. An important factor to consider when choosing the right Search Engine Marketing (SEM) fuel to develop and drive your strategy is Search Engine Marketing is the latest selecting a consultant that possesses solid phenomenon in the world of digital automotive credentials. Many search engine marketing. The term SEM is used to describe marketing firms make promises, but are the range of marketing techniques required unable to deliver satisfactory results because to make an automotive Web site visible on they lack the basic knowledge of trends search engines and directories. that drive successful online automotive 12 www.sellingsuccessonline.com 13
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    sts fos ls ms sf fis MichaelYork sales and training solution The Wisdom of Wealth and Other Money Lessons Making Money: It’s If you’ve already passed one of these what most people work milestones, there’s still time to invest in YOU. for, say they want, and Your time, your study, and your money; it’ll it’s the closest thing to pay off in a big way. a goal most individuals will ever get to in their How Can YOU THINK differently? lives. But “making money” is illegal, unless That’s the challenge. You can think you work for the government. differently by asking better questions and find bigger answers. The mint makes money. You and I exchange. Let’s start with this question: What does it mean to “be rich?” There’s great thinking We exchange our time, our talents, our skills, and instruction on this one, going all the and our services - something of value - for way back to Napoleon Hill’s classic “Think compensation. and Grow Rich,” to the more recent “Rich Dad, Poor Dad” series of books by Robert We trade value that the marketplace, and Kiyosaki. individuals in it, will gladly pay for. Money is something we attract by the person we It’s classic wealth wisdom. It’s the cold become. Value is something we create to mountain stream in a sea of “money- receive payment from the marketplace. making-get-rich-quick” books and tapes and infomercials. Create Value. How are you creating value where you In Hill’s book, he discusses several ways of you are his cure work? What are you exchanging your time becoming “rich,” and allows you to choose for every day? the one that you can live with, and the ones you can live without. It will challenge you as When you create value, you can trade it a reader and a student. for bigger rewards. That’s what happened centuries ago when trappers trapped and To replace poor thinking and strategies with farmers farmed and hunters hunted, and then rich ones - the ingredients in becoming exchanged what they could do potentially wealthy are readily available, and even more Juvenile Diabetes better than anyone else in the marketplace readily available to any of you reading this for other goods, or, yes, even cash. living in America, the richest country - and affects millions Mary Tyler Moore marketplace - in the world. International Chairman and causes long- Cash flows (that’s why it’s called “cashflow”) term complications like blindness when value is exchanged. Create greater No matter where we are in our journey, most value with your time. The marketplace will of us still need to be reminded from time and kidney failure. Not to mention notice and write you bigger checks. And you to time about the fundamentals of thinking pain and worry no kid should have won’t keep looking for some shortcut that richly. It’s uncommon thinking. Though to live with. But we’re closer than turns into a detour when it comes to your there are many teachers, and many lessons ever to a cure. Your help makes life- better future. that have been around for hundreds, even thousands, of years, we have become the saving research possible. Think personal development, and think kid in the candy store in the land of instant Call 1.800.533.CURE or visit about this: According to the U.S. Census gratification. www.jdrf.org. Bureau, here’s about how much money you can expect to “make” in your lifetime with Debt is public enemy No. 1. Debt is marketed the following degrees: to us daily. And contrary to popular thinking, debt in and of itself is not bad. Actually, • High School Diploma: there’s good debt and bad debt. Money $1,100,000 works. And it works better with leverage. • Bachelor’s Degree: But how many people actually understand $2,100,000 good debt and leverage? • Master’s Degree: $2,500,000 Many people say they want or wish for • Doctorate: things to be better, but they never take action $4,400,000 to become better in their thinking or working 14 www.sellingsuccessonline.com
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    continued or investing. Wantingand wishing are Working at a job is not one of the principles common; seeking wisdom and taking action of the wealthy, at least not for arriving there are uncommon. or accumulating wealth. Many wealthy and affluent individuals still have tasks What If, by Faith and Fortune, You Never and projects and work they do on a regular Had to Worry About Money Again? basis, but it’s usually not how they came What is, or what would be, your quality of to be wealthy. They studied the laws and life and your contribution to mankind in the principles of wealth and applied them. So absence of fears, doubt, worry and negative why can’t you? emotions? Here is wisdom: Profits are better than In psychology, money is referred to as a wages. Wages are not the answer to the “deficiency need,” meaning when you have wealth question. Commissions are better, but enough money, chances are you don’t think, still not enough. J-O-B is not a rich strategy, or worry, much about it. But when you have at least not a job alone. But even if you are too little, it is easy to be consumed with now working on a job, are you also laying the almost continual thoughts of, not money, but groundwork for your financial independence a lack of money. in some other way? Ancient wisdom says “the LOVE of money Work harder on you than you do on your is the root of all evil.” job; that’s a rich formula for attracting better things into your life. Is it love, or could it be a form of love, to think about it all the time? Wishing for Friday When it comes to financial things, many of us (payday) to come? Worrying that there won’t feel inadequate. I know the feeling. It’s why be enough to go around or any left over? The I’ve tried to learn from others around me who LOVE of money is not reserved for the rich. are very good at financial fundamentals and In fact, I believe it’s largely the opposite. thinking big thoughts. Anyone can read good books and get better ideas and strategies for Money has no power of its own. All their life. Reading is a rich strategy. the power flows – to you, from you or through you. And the good news is that it’s available to most everyone. It’s easy to do, but easier not The laws of money transcend economic to do. And that’s the option that most people conditions, meaning simply there have been choose. wealthy and affluent individuals throughout history and a study of almost any time period Watching TV is easier than reading to learn. shows that they arrived at or acquired wealth Complaining is common. Libraries are free in many different ways, but with many of the and reading is easy - rich strategy or poor same principles or laws working for them. strategy? How many of each can you identify in your life? Webster defines “wealthy” as “richly supplied,” as in “a wealth of knowledge.” As The study of wealth - sounds appealing long as we’re in the dictionary, how about a doesn’t it? Surely goals must be involved. couple of bonus words? And if you’re involved in any study, there must be some homework assignments, WORTH: “The quality of something that right? makes it desirable, useful or valuable. To the utmost of one’s powers or ability (for all he’s Here’s your next assignment (should you worth).” choose to accept it): Find out more on wealthy wisdom and rich thinking. E-mail AFFLUENCE: “Wealth. Abundance. A me for my “short list” on my personal study flowing toward.” Can you see that definition? of wealth. Until then, here’s to getting more Wealth and abundance flowing toward rich strategies into your life. – you? Since you’re reading this, I’m guessing you’re an uncommon individual and aspiring Michael York is an author and professional for something more than you have now - a speaker. He can be contacted at station or position beyond where you are 800.668.5015, or by e-mail at now, with an interest in becoming more than myork@autosuccessonline.com, or visit you have been in the past. www.MichaelYork.com. october 2006 15
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    sts fos ls ms sf fis HeatherConary Key Performance marketing solution Indicators, Part 3 In the past two issues of sites are giving you good referrals, and calculating which sites are most relevant to AutoSuccess, I began which are not worth your investment. a user’s search, there are several common a series of articles denominators, including: on Key Performance Tracking the trends among your traffic counts • The copy on the Web site Indicators (KPIs). is also helpful. For example, if you had low • How many other Web sites are linked These are gauges you traffic from a particular local newspaper site to the Web site can use to determine how well your Web site one month, and you decided to change the • Meta tags, which are hidden to users, is performing. creative content of the ad at the end of the but provide valuable content to search month. If, at the end of the next month, your engines To calculate these KPIs, you will need a set traffic has increased from that site, it may be of your statistics from your Web site. There due to: Depending on your statistics package, you are many different statistics providers out • More relevant creative content in the may have a “Search Terms” report. In this there (Urchin, CoreMetrics, WebSideStory, newer ad report, it shows a breakdown of how often a and proprietary solutions.) If you need help • A better offer in the newer ad visitor made it to your Web site based on the finding the measurements referenced in my • A more relevant offer to the audience term(s) he searched for at the search engine. article in your own statistics package reports, who saw your ad feel free to e-mail me. Using this breakdown, you can see which You may also see a count designated as “no search terms are generating the most traffic to Analyzing Incoming Traffic referrals.” A visitor may be counted as “no your site, as well as any potential problems. With a walk-in customer, a good sales person referral” for one of following reasons: will qualify the lead, asking “Have you • The visitor typed in your Web site For example, if your dealership is Joe’s looked at any other dealerships?” or “Have address by hand Quality Cars, most people would assume you been shopping already?” The answers to • The visitor bookmarked your Web site that your Web site is www.joesqualitycars. these questions will give the sales person a and returned to it from there com. However, if you use www.joescars. good idea of where the customer is coming • The visitor had visited your site before com for your Web site, you may see searches from, as well as any objections they may and it was in their “Recently Visited for “Joe’s Quality Cars” in your search terms have. It may also reveal whether they are Sites” or “History” list report. This is a good indicator that visitors sensitive to price, service, location or any are not familiar with your Web site and are other host of preferences. Similar to this, it A high “no referral” count may indicate: using a search engine to find you. is important and helpful to know where your • Your dealership’s Web site address is online traffic is coming from. well-branded, and visitors are familiar You may also see that some visitors are with it finding you by the warranty or insurance plans To calculate this metric, you will need the • A visitor may have already been to you offer. If you are getting low numbers for following measurement: your Web site and remembered your those terms, but some visitors are finding • Referrals name you through them, you may consider adding more content about the plans. This makes Depending on your statistics package, your Dissecting Search Engine Traffic your Web site more valuable to a search referrals report will most likely include the Some of the most popular search engines engine. source and number of visitors from that include Google, Yahoo and MSN, although particular source. there are many smaller ones as well. Search Search engine marketing refers to the ads engines drive traffic to your Web site in one at the top and the sides of search results. Some referrals you may find: of two ways: These work on a paid basis. You can use • Search engines (Google, Yahoo, MSN) 1. Search engine optimization (also your keyword analysis to help you determine • Lead aggregators (Dealix, AutoTrader) called “organic SEO”) which keywords your visitors are looking for • Auction sites (eBay) 2. Search engine marketing (also called and use them to help you determine which • Local sites (newspapers, radio “paid SEO”) keywords to place bids on. stations) • Employment listing sites (Monster. A search engine uses automated software Next Month: More of using your KPI com, Careerbuilder.com) to categorize and filter Web sites. This is analysis to make improvements to your Web • Manufacturer Web sites (Toyota, Ford, considered search engine optimization (or site based on good decisions. Chevrolet) organic SEO), meaning that it is based on the perceived relevance of your site, not Heather Conary is a Web developer at These counts give you a good idea of where how much you have paid for the search Downeast Toyota-Scion-Buick. She can your traffic is coming from. Using this gives engine listing. Although each search engine be contacted by 866.386.4914 or by e- you some concrete evidence on which Web has their own proprietary algorithm for mail at hconary@autosuccessonline.com. 16 www.sellingsuccessonline.com
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    sts fos ls ms sf fis DavidThomas sales and training solution 8 Points of Action to Increase Sales David Thomas sold a • Your 25 best automotive contacts (other 8. Surround Yourself with Interesting, vehicle a day for 3,000 automotive industry influences that Successful and Intelligent Friends, consecutive days. This come in contact with your owners before Associates and Customers: achievement not only or after you sell them). It will start to wear off on you. “I’m kept him in the No. proud to say I’m the dumbest person 1 position within the • Personal contacts (friends, family, I know” should be your mantra. prestigious Sewell Automotive Companies neighbors, etc.) Successful people will want to tell you in Texas, but also awarded him top producer how to succeed with them. They will status in Lexus USA. • Who you spend money with (doctors, want to associate with you. dentists, CPAs, attorneys, babysitters, Here are David Thomas’ eight points of florists, bankers, Realtors, etc.) Thomas took the most boring aspect of action to increase your sales: sales and made it simple and attainable, • Social contacts (PTA, church, alumni, yet challenging. Most sales people will 1. Start Earlier, Finish Earlier: agree that the most feared word in sales is By starting your day at 8 a.m., you can bowling, golf, etc.) Now, make sure they all know what you do and that you “prospecting.” Once you become skilled at beat most competitors to the punch. it, and more importantly, profitable at it, then This will also enable you to leave two appreciate their referrals. you look forward to it. hours earlier than before. 5. Don’t be Afraid to Ask For 2. Prospect Every Day from 9 to 11 Referrals: Thomas has shared his strategy with hundred a.m.: Stay in touch (at least three times a of sales associates from BMW to Toyota Busy clients are more accessible at year). dealerships. He has been recruited to share this time of day. They seem to be in a his ideas about prospecting with bankers, better mood the earlier you call. Also, stockbrokers, homebuilders, and Realtors. 6. Are You User Friendly? this gives you the opportunity to set Even doctors and dentists are thirsty for Do you make it easy for your customers your daily appointments earlier so you ways to hit upon their target market and to buy a car? Are you building trust? can finish earlier. those golden prospects that will become Will they brag to others about the clients and customers. Target prospecting is experience? Was it enjoyable? If not, 3. Avoid Time Bandits: more important than ever today with rising change your method. It’s great to visit; however, your time to advertising and marketing costs. make money is between 9 and 11 a.m., every day. You must stay focused and 7. Put Some Passion Into Your Test avoid distractions during this time. Drives, Walkarounds and Phone Calls: 4. Make Lists: If you’re bored, people will see an David Thomas is the owner of Subaru of • Your 25 best customers, based on uninterested sales person. Share Dallas. He can be contacted at profitability, center of influence and high their enthusiasm. Set the stage for an 866.429.6803, or by e-mail at visibility enjoyable buying experience. dthomas@autosuccessonline.com. 18 www.sellingsuccessonline.com
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    sts fos ls ms sf fis JeffMorrill sales and training solution The Power of a Genuine Compliment Fact: perceived as a sexual comment. brighten a lot of days. You’ll feel Studies show that “What a cool jacket,” is probably better too. people tend to believe okay; “What a sexy skirt,” is not. praise and like those Jeff Morrill is co-owner of Planet Subaru • Make a habit of complimenting at in Hanover, Mass., and Planet Chrysler that provide it. (See least one person a day. Sure you’ll Jeep in Franklin, Mass. He can be Robert Cialdini’s book, “Influence: Science sell more cars, but you’ll also contacted at 866.872.8699, or by e-mail at and Practice.”) Empirical studies prove that jmorrill@autosuccessonline.com. we like people who compliment us. (If you want to see how compliments light people up, gather a few of your colleagues into a circle. Taking turns, ask each person to compliment the person to the right. You’ll see big smiles and flushed faces.) Prospects who like you are much more likely to buy from you. So help them see that you are a good person by sharing a genuine compliment. Shortly after meeting someone, you’ll usually have multiple reasons to compliment someone. Examples: • You live in Norwell? What a beautiful town. • What a neat jade necklace. How did you come to own it? • You like that blue color, too? You have great taste: That’s the color of my car. • You’re very kind to recognize our commitment to customer service by considering your third purchase from Planet Subaru. • Nice hat - go Red Sox! • You’re very intelligent to do all that research before coming in. We like an educated customer because it makes our job easier. • You’re so blessed to have a beautiful baby. How old? Keep in Mind: • Keep it genuine. While research shows that people tend to believe praise whether it is accurate or not, why lie or try to snow someone? A few moments with someone will reveal an honest thing to say. • Beware of anything that might be october 2006 19
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    sts fos ls ms sf fis JimmyVee & TravisMiller marketing solution Five Keys to Successful Automotive Marketing, Part 2 Picking up message will penetrate deeper and make a One way to generate more word-of-mouth is where we left off longer lasting and more powerful impact. by packaging up your testimonials in the form in last month’s of print, audio and video and using them in article, we want Success Key 4: Competing on Price all your communications with prospects, ups to discuss the How many dealers spend time and money and customers. remaining three hunting down, fishing for and pulling in keys to successful automotive marketing. price-shopping customers? Many dealers try Put testimonials in your ads, in your We already know that a typical problem in so hard to educate themselves in the business, consumer guides and in your yellow pages the automotive industry is that an ungodly spend countless hours picking out just the ads. Use audio testimonials on your Web amount of cash is thrown into the advertising right cars at the auctions and still continue to site, in your radio commercials and your e- or marketing arena with less-than-stellar compete on price. mails. Use video testimonials on your Web results. This article series has been designed site and in a loop tape in your showroom. to help you perfect your ad dollars and make “The best dealership and the best service” everything you do more profitable. and “lowest price” do not belong in the same You can have your sales men carry around sentence or marketing piece, not to mention video iPods to play actual testimonials of Success Key 3: Using a Proper Headline in the same dealership. your past customers to their ups. Or play an All Your Ads audio testimonial CD in the vehicle during Your dealership name is not a headline. But many great dealerships end up pricing the test drive. themselves out of business because they So what is a headline? Think of a headline as don’t understand that consumers will pay No one sells your services better to prospects an ad for your ad. If you were trying to get more than the lowest price if you give them than your happy past customers. someone interested in reading your ad, what other reasons for choosing you. If left with would you say to them? If someone asked no other differentiating factors, price is the Use These Keys as a Measuring Stick why they should read your ad and you told only option. Reading good information isn’t enough; you them your dealership name and nothing else, have to take action. Many dealers spend a do you think it would compel them to read If you do decide to compete on low price, lot of time waiting for the perfect scenario the ad? you should make sure you just give that level to run an ad, test an idea or make a change at of service. It makes no sense to raise your their dealership. You want to use a statement that will pique level of service, expertise, education and your prospect’s interest and pull them into experience but not raise it in terms of what The perfect time never comes and nothing your ad. Something they can’t resist like… you get in gross. ever gets done. Use these keys as a measuring stick with what you are doing in your store. • How to Choose a Car Dealer How much you can charge for something Are you using all five keys? If not, start • The Best Vehicle You’ve Ever Driven is all based on your ability to sell it, which making changes now to implement some of or it’s Free means the more you learn about marketing what you just learned. • Four Big Mistakes to Avoid When and the more you utilize powerful marketing Choosing a New Car and the techniques, the more you will be able to In the meantime you can learn more about Dealership Where You Buy It charge for your vehicles. these strategies and others in our FREE Special Automotive Business Advisory An insider trick to really make your headlines Success Key 5: Social Proof For Car Dealers and Managers, a 32-page pull people in is to tie your advertising and One of the most powerful ways to promote industry bulletin titled, “How To Uncover marketing into current events and pop and communicate the value of your The Hidden Wealth In Your Used Car culture. dealership is by getting other people who Dealership.” To get your free copy visit think your dealership experience is great to www.RichDealers.com/success. The key is to tap into the conversation that say it to others. is already going on inside your prospects’ heads. If your message matches what the Many people believe word-of-mouth reader is already thinking and talking about advertising is not controllable, that it just it is going to be read by more people than happens when it happens and they’re if you try to create a new conversation all lucky to get it. Others believe it happens together. automatically by delivering good service. You see, it is much easier to sell a prospect Both these statements are untrue, but most Jimmy Vee and Travis Miller are the founders of Used Car Marketing if you are in sync with what they are already everyone we talk to believes it. Word-of- Center. They can be contacted at thinking and talking about. Plus, by tapping mouth is controllable and can be greatly 866.852.0145, or by e-mail at into their current thoughts and emotions your stimulated by a good system. J&T@autosuccessonline.com. 20 www.sellingsuccessonline.com
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    sts fos ls ms sf fis MarkTewart sales and training solution Complete Sales Freedom in Two Years or Less Many sales people tend plan will begin to grow tremendously. You is enduring. Market share of mind creates to always be chasing will appear to be everywhere at once. Your greater market share. the next customer and goal is to appear bigger, better and even more worrying about the successful than you already are. Perception Talk to people in your marketing in a personal next paycheck. The becomes reality. and conversational tone. A great advertising good news is that this person once said, “You must enter into the is unnecessary and can be fixed forever in two All sales people should have direct mail in conversation they are already having in their years or less. Sales people can eliminate future their marketing plan. The direct mail campaign head.” Don’t be afraid to be unique and sales and income anxiety once and for all. should contain marketing letters that are geared controversial in your marketing. The worst towards multiple approaches, including: mistake you can ever make in marketing is to What’s the key to creating freedom? It’s holidays, special events, news, new residents, be boring. There are way too many advertising marketing. If you are a sales person who existing customers, inactive customers, messages today for you to put out just another is waiting for your business to provide an residents that surround existing customers, look alike, same-old marketing piece that gets endless funnel of prospects and buyers, you inactive customers, potential customers lost in the shuffle. Unique, bold, consistent are living in a fantasy land. Even with a ton already using your service, newsletters and and personal get rewarded today. of leads and traffic provided to you, you must lead generation letters to potential customers have a marketing plan to utilize the traffic, offering a free report or service. Don’t allow yourself to get caught in the leads and power of your customer base. excuse trap of saying, “I tried that once and it In your letters, utilize a consistent theme. You didn’t work.” You may not have done it right Write down everything you are doing to should, over time, make yourself a quasi- the first time; most don’t. That’s not a reason market yourself. Your goal should be to add celebrity with your marketing. Always have to quit. to this list every month and strengthen or a photo or caricature of you, or your family Always think of the 3Ms – Message, Market add dimensions to everything you already or staff in the marketing pieces. Make your and Media. What is your message? What are doing. Eventually, you will begin to likeness, theme and messages take on a is your marketplace you are delivering the integrate your message from all your sources status of recognition. Your marketing should message to, and does it match? What media of marketing and the power of your marketing grow legs and take on a life of its own that will you use to reach the market? The more you can target your message to a targeted audience, the better your results. There are list companies that can provide Comple demographic, socio-graphic or just about Custom te any other filter you desire to qualify your Built NO Advertisin potential and desired market. The old saying g CONTRACT Campaig is that the best way to have a successful TO SIGN n! restaurant is to find a hungry crowd. You must also find your hungry crowd. Once you find them, you must bring them to you, AGE NC gain them as customers, build a fence around W ELCO IES ME them and never let them go. V iew At : The best way to create a sellable marketing Samples approach in your message is to study copywriting and the masters of the craft. Writing copy for ads, letters, marketing pieces and newsletters that get people to take action is a learnable skill that will make you more money than robbing a bank. Study, practice and test your copywriting skills everyday. Nothing will teach you as much about sales, marketing and business as copywriting skills. Learning to write copy, plan marketing sequences, doing the grunt work or hiring Honda Dealers: Setting up an ad group? someone to do it certainly isn’t sexy. It won’t Call Us! We have over 12 years experience as a General Motors key ad agency. cure your traffic, lead or sales woes over night. Call Mike Nichols at 866-642-4657 But in the long run, they will be the things that make you successful, wealthy and free. Mark Tewart is the president of Tewart 6 4 2 4 6 5 7 Enterprises. He can be contacted at or email: mike@nicholsmedia.com A merica’s © 866.429.6844, or by e-mail at *Plus dubs, shipping and announcer. mtewart@autosuccessonline.com. 22 www.sellingsuccessonline.com
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    sts fos ls ms sf fis SunnyKnocke marketing solution Multi-Channel Approach to Marketing As the information age 4. Mail - This is popular among the pre-e- relationship by over marketing to them. evolves, dealerships mail generation. People who appreciate this are competing against form of communication enjoy walking to the 3. Establish a Consistent Process numerous advertising mailbox and sorting the various pieces that Base your marketing approach on a consistent mediums to maintain come their way. process so you do not have to make multiple customer mindshare. marketing decisions on a monthly basis. The By learning to use a multi-channel approach Four Keys to Marketing key is to follow a planned customer lifecycle of various mediums - mail, phone, e-mail 1. Implementing a Targeted Approach program, built around communications that and text messaging - a company can reach Your message must be relevant to your are relevant to that customer at that moment. 100 percent of its customer base through a customer, not your entire database. With the on slew of e-mail marketing, the days 4. Ensure Customers Receive the Message personal and profitable method. In order to get an e-mail marketing piece of so-called “batch and blast” are no longer effective. You must market differently delivered, you have to have it formatted Four Mediums of Communication to an active customer than to a recapture correctly, use the correct words and images 1. E-mail - A large portion of the population customer. that will not be stopped by the spam filters, is unreachable by any other means, but send and develop a relationship with the various them this electronic communication and 2. The Marketing Medium Should be ISPs to ensure deliverability. With text response is guaranteed. Driven by the Customer messaging, a relationship with the cell phone 2. Text - The younger generations out there Customers are demanding that you carriers is required if you want your message have moved beyond computers and rely on communicate with them via the medium they to reach your customer. instant and portable mediums. For these prefer. If they prefer direct mail, you should young people, text messaging is the preferred, send direct mail. If they would rather receive Pay attention to your customers and contact if not only, form of communication. a text message, send them coupons via them in the manner they prefer. 3. Voice Broadcast - There are those that best their cell phone. It is important to note that Sunny Knocke is the president and co- respond to a phone call or voice mail. They a dealership should not over-communicate founder of MarketView360. She can be await the glory of a blinking light that tells with their customers. It may have taken contacted at 866.452.3715, or by e-mail at them someone was looking for them. years to build their trust; don’t destroy the sknocke@autosuccessonline.com. october 2006 23
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    sts fos ls ms sf fis MikeParsons sales and training solution Search Engine Marketing Is It Right for You Search Engine you are asking yourself two very important explore why we are considering SEM, our Marketing (SEM) questions: site’s capabilities, and then the analytics of is certainly a hot return on investment. 1. Do I really need SEM? topic, and numerous 2. Who do I use for SEM? companies have So, why are you considering SEM? Is added it to their list of services. Hopefully, In order to answer our first question, let’s it because it’s the latest buzz word, and being a progressive dealer, you want to say you participate in SEM when asked by your peers? Is it an ego stroke to see your dealership name all over the search engine results page? Or, is it because you want to increase visitors to your site, and increase lead volume? Does your site have the capability to be better optimized for organic search results, also known as Search Engine Optimization (SEO)? Is your site rich with Flash technology and minimal HTML? Search engine technology for sites like Google is improving, but as a whole, content contained within a Flash-based site is rarely catalogued by a search engine. If you like the glitz, glamour and other benefits of a Flash-based Web site, that’s OK. You may need to invest more heavily in Search Engine Marketing. Before we get into the numbers, let’s make some assumptions about your dealership. First, knowing the national average site conversion rate is 1.5 percent to 2.5 percent, let’s assume you are in the top of the class with three percent. Remember that conversion rates include not only sales, but service, employment and miscellaneous forms as well. So, not all three percent are fresh sales opportunities. Finally, let’s assume you close 20 percent of leads generated from your site. In this scenario, for every 1,000 unique visitors to your site, you will generate 30 leads, and six sales. What is your target cost per sale? Do the math, and you may be surprised at the answer. I conducted a five-month study in which I spent $3,000 per month on SEM at a cost of about $1 per click-through to my site. My first thought was, “Hey, that’s pretty good.” And then I dug a little deeper. I reviewed my 26 www.sellingsuccessonline.com
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    continued average site trafficfor the five months prior who is identified as the resident horticulturist generally heed the cliché “Jack of all trades, to SEM, and compared it to the traffic during (specialist). They inform me that what I need master of none.” Do you go to a general SEM. There was an increase in unique traffic is crabgrass killer, which is not a chemical practice physician for heart surgery? of only 1,000 visitors per month. Why did included in my previous solution. As it I pay for 3,000 people to visit my site, yet turned out, the first professional I spoke to only see an increase of 1,000? My site was did work in Lawn & Garden (Industry), had so efficiently optimized for organic search general knowledge of weed control, but his Mike Parsons is the director of results that I had been paying for people to expertise was lawn mowers. I didn’t need eCommerce at Asbury Automotive Group, Southeast Region. He can be contacted click my SEM links, when they would have a “professional,” I needed a “specialist.” at 866.446.7143, or by e-mail at clicked my SEO links and visited my site When it comes to SEM and SEO, you should mparsons@autosuccessonline.com. anyway. The bottom line? If your site is properly optimized for organic searches, the need for SEM is minimal. If it is not geared toward SEO, then SEM is a must. Either direction is OK; you just need to know where you stand and why you are doing what you do. When it comes to SEM and SEO, you should generally heed the cliché “Jack of all trades, master of none.” Do you go to a general practice physician for heart surgery? So, who to use? Allow me to answer with a real-life story. Recently, I was walking through my yard and noticed I had a significant need for weed removal (you need site traffic). Off I go to my local Home Depot to consult a professional. I approached a gentleman wearing an orange apron (professional) in the Lawn & Garden department (industry), and stated my need. I’m professionally directed to a product that kills over 130 different types of weeds. Home I go to apply this wonderful product. Four days later, with no results, I return to Home Depot with weed in hand and speak to another person october 2006 27
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    sts fos ls ms sf fis DavidKain marketing solution Don’t Try to Convince Someone to be the Internet Sales Manager Selecting the right understanding of what type of person is mentioned earlier, do you really want to person to operate your best suited for the position. Because of this, hire someone who is not energized by the Internet operation I recommend that all sales managers be opportunity to work with the customers who is perhaps the most responsible for working with Internet leads are most likely to purchase within the next important decision you firsthand before they recruit for the position 30 days? Bear in mind that this person will will make this year. so they can appreciate the nuances required receive “ups” multiple times each day with With approximately 80 percent of automotive to successfully contact, appoint and sell contact information, the vehicle they prefer, shoppers using the Internet to start the vehicle Internet prospects. After experiencing how perhaps an address and information on their purchase process, this role will become more difficult the task can be but how rewarding trade without having to stand up and walk vital than any other in the next few years. the results are, I have no doubt they will out to the lot. In addition, if they close leads The pool of experience candidates is very change their mind in what type of qualities at a rate of 15 percent, they only need 100 shallow, so recruiting the right person may they are seeking for the person to manage opportunities to sell 15 vehicles and then they prove to be difficult, but do yourself a huge this vital operation. When I was still working get to manage a database that has prospects favor and don’t try to convince someone to at our family dealership, I worked the leads getting closer to a purchase decision with be the Internet Sales Manager. This role has when we first started because I wanted to each passing day. so many benefits and perks it should be one know what was expected of the person in the that anyone would want to have. role and, as a result, it made it much easier Your dealership management should reverse for me to create the job description and to the perception and advertise both inside and The Automotive Internet has been a useful recruit for the position. outside the dealership for the position. If you tool for consumers and dealers now for 10 have confidence in the results available with years, and each month brings new products Surprisingly, my training partner, Jonathan the right Internet manager, it will come across and services to help bring the buyers and Edwards and I still find Internet operations to your present staff and those candidates sellers together. The old dial-up connection staffed by the sales people who were not who respond to your ad. This confident air was considered pretty good 10 years ago, successful on the floor, but showed an will allow you to scrutinize the applicants, but high-speed Internet connections have inclination to working with computers. rather than the other way around. expanded in recent years, making it easier It is much easier to teach a quality sales to deliver heavier files and more rich media person how to interface with the computer Be Prepared When You Recruit to consumers on Web sites. Among active programs than it is for a sales manager to and Interview Internet users, U.S. broadband penetration teach a computer-oriented person how to sell By knowing about your Internet operation broke 70 percent for the first time in April vehicles. Keep in mind that computers were in detail you should be able to recruit and 2006, according to surveys by Pew Internet designed to boost productivity of current interview the best quality candidates. Make and the GAO. The reason this is important is workers, not the other way around. Because out a list of your lead sources; know the cost that, as much as we found consumers aware of this it is important to remember that if of each, the close rates and where you make in the past, they are going to be much further you have a quality sales people to start with, the best results. Create a job description and along in the buying process because they the computer should be able to boost their a compensation plan that allows for growth can have experienced more of the vehicles productivity. Our advice is to start with the and autonomy. Your preparedness will come they are considering than every before while best sales person candidate possible that has across to your present staff and to recruits sitting at their home, office, park bench or the ability to lead and manage a team, and and allow you to pick and choose confidently coffee shop. you will be much better off in the long run. who will lead your Internet operation. Finding the Right Candidate Do Not Try to Convince the Skeptics In order to find the right candidate, you You know how it is when you try to talk David Kain is the automotive Internet may need to do a little prep work in your someone into something that they are training specialist at Kain Automotive, Inc. sales management ranks. A lot of today’s skeptical of in the first place. The same He can be contacted at 800.385.0095, or sales managers have never worked Internet thing happens when you try to convince a by e-mail at dkain@autosuccessonline. leads and, as a result, may not have a clear person to run your Internet operation. As com, or visit www.kainautomotive.com. 28 www.sellingsuccessonline.com
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    sts fos ls ms sf fis JasonPrice sales and training solution Video E-mail: Personalize Commuunication to Better Reach Your Customers Use video e-mail as exhibit dynamic motion, taking advantage be delivered through your facial expression a way to reach your of enhanced sensory features such as video, while 39 percent of your message will be customers. Studies audio and animation.” Plainly stated, video delivered from your gestures and body show that a person e-mail is an e-mail sent to your customer’s language. It is more effective for your will only remember 11 own personal e-mail account with an attached customers to see your face while you deliver percent of what they video message. any type of message. Video e-mail provides have read and 21 percent of what they have the outlet through which you will grab the heard. However, the average customer will Ronnie Rhodes of WebSiteMarketingPlan. attention of your new or returning customers remember 32 percent of what they have seen, com, writes that streaming rich media is and at the same time build a personal according to www.programreview.com. a natural way to motivate customers to connection with them. As an intelligent sales professional, what purchase your product. It helps remind them does this tell you? You need more face time of your company and can get them past any As a customer service tool, video e-mail is with your existing customers and prospects. feelings of hesitation in making the purchase. invaluable to your company. Video messages When physical presence is not possible, the Integrating video e-mail into your company’s add a personal touch through voice and image best way to increase this critical face time is current marketing campaign will encourage that intrigues the customer and encourages by utilizing video e-mail. potential consumers to build trust or rapport them to listen to your message. Video with a specific sales person. Any customer messaging allows you to trigger emotional With video e-mail there will be no more who has already had the opportunity to responses that other mediums of advertising misunderstood messages, unemotional text personally interact with a sales person via or marketing cannot. Send your customers or slow response time. video e-mail will quickly recognize him and a personal birthday or anniversary greeting, be more inclined to purchase from that sales customer service survey or follow up that Video e-mail, or streaming rich media, person. Video e-mails can also be used to recent purchase with a personal thank you. sent straight to your customer provides create excitement in customers and can help But these ideas are just the beginning. Use a direct route to personally connect with to soothe their nerves when in the process of your imagination and integrate this service your customers. As written by Ian Schafer making a large purchase. into your company’s existing marketing of www.clickz.com, Wikipedia uses the campaign. following definition of rich media: “A According to www.programreview.com, 55 broad range of interactive digital media that percent of the meaning of a message will Since you are reading this article, chances are you looking for a new way to reach, and influence, your customers. Rob Graham of www.clickz.com, theorizes that in order “Within the to meet marketing needs, companies need to first have an audience that is unafraid of first hour of the their marketing. Video e-mail can offer the e-newsletter going out, customer value, in the form of your personal message or invitation, in exchange for the I had 15 test drives.” time and attention customer must use in viewing it. Video e-mail will also give the recipient the ability to view the message at a time that is best for the customer. > Scott Haynes, Penske Chevrolet and Honda Equipped with the knowledge that the IMN Loyalty Driver™ is a turnkey e-marketing service that Internet marketplace is currently being used drives interest, sales and customer loyalty. Customized, to increase product awareness, branding, trackable email communications provide tangible results frequency and familiarity, your company for dealerships across the country. A couple of examples: cannot be the left behind. As the common user’s capability to access Internet programs • 90 phone calls in a month as a direct result of at the touch of a button grows, video e-mail one IMN Loyalty Driver e-newsletter. will soon reach such media outlets as cellular • Web traffic spiked to 2.5 times its normal telephones, iPods and other portable media rate after a dealership’s first e-newsletter. systems. Looking for results like these? Call 866.964.6397, ext. 214 or email ASGSales@imninc.com. Be a marketing standout and impress your customers and prospects by utilizing this Drive customers in…For sales, for life. marketing tool. Jason Price is the vice president of sales at CoVideo. He can be contacted at 866-964-6397 imnLoyaltyDriver.com 866.590.0771, or by e-mail at jprice@autosuccessonline.com. 30 www.sellingsuccessonline.com
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    sts fos ls ms sfs fis TimShea special finance solution Investing the Fundamentals, Part 4 Q: I’ve spent a ton of became a subprime “success,” it was at the money advertising in expense of their retail or prime sales, which different media, but still suffer today. It has been a long road I’m not sure what is turning their brand image around. working and what is not. Can you tell me If a dealership becomes too strongly plainly how to advertise so it will work? identified with subprime, consumers reach a point where they begin to question whether A: I applaud your honesty. Many dealerships they want that dealership’s nameplate on the feel like you do, but their pride won’t let back of their vehicle. They question whether them admit it. While I don’t have a “success they want their neighbors guessing whether pill” for you, I can provide you with some they are one of that dealership’s “good helpful information and mention a tool set credit” or “bad credit” customers. Advertise that can take you out of the “hope” game. and promote your dealership’s name enough to let people know you do help people with Recently, we introduced five fundamental credit circumstances but let the majority of factors for success in subprime auto sales. your subprime advertising be “blind.” Blind Those fundamentals provide the foundation advertising keeps your dealership’s name from which a successful subprime effort anonymous which protects your reputation is built. Perfecting the fundamentals, like and brand image. Additionally, you will perfecting blocking and tackling in football, engage your prospects only in a credit (vs. will insure success. They include having: product) decision and expand your market 1. Dedicated subprime department / share across franchise lines. personnel 2. Proper lender relationships Direct Response vs. Image advertising 3. Appropriate inventory Advertising can be defined as “bringing 4. Efficient business systems a product or service to the attention of 5. Marketing potential and current customers.” It is typically done with print ads, television and Over the next two months, we are going radio commercials, direct mail, brochures, e- to look at the last of these fundamentals: mail messages, personal contact, etc. In your Marketing – a system to consistently subprime advertising, use direct response generate and capture a high quality of rather than image advertising. Direct lead and measure results. response advertising “demands a response” by requesting consumers reply directly to Marketing includes a number of activities your advertisement by telephone, e-mail, which allow you to meet the needs of your mail or some other means of communication. customers and get value in return. These Direct response advertising generates a sales activities include market research to find out, lead you can follow up on. for example, how many potential customers exist, what their needs are, how you should Prime sales benefit from image advertising, meet them, etc. Marketing also includes which promotes the general perception, properly positioning your dealership and of your dealership, but does not demand a promoting it through continued advertising, response or directly generate a sales lead. promotions and sales. You want a system Image advertising will create lot traffic. In that allows you to consistently generate and an earlier article, I suggested your subprime capture a high quality of leads and measure advertising should not create additional lot results. traffic, but should target subprime prospects and drive them directly to your subprime staff. Protect your “brand image” - Brand image Directing the customer in this way allows the is the perception of your dealership by the appropriate staff to control the sales process consumer. While you want to enjoy the profit and achieves a greater success rate. generated by subprime sales, protecting your Next month, we’ll take a look at targeted vs. image is critical. Like me, you are probably whole-market advertising, and which will aware of dealerships that have failed to work best for your situation. protect their brand image and as a result have become known as a “subprime” dealership. Tim Shea is the president of Great In the early 90s, a dealership in my area Direct Concepts. He can be contacted at grew their subprime sales to more than 100 866.853.0223, or by e-mail at special finance units per month. Though they tshea@autosuccessonline.com. october 2006 31
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    sts fos ls ms sf fis PattiWood sales and training solution Managing Your Employees With Your Nonverbal Communication Ever feel like your with you. Don’t let the ease of e-mails question mark at the end of even a definitive employees just aren’t keep you from face-to-face time with your statement. If you say, “I need you to make hearing you? Maybe employees. Research shows that face time these changes today,” make sure your voice your actions are increases the likelihood that employees goes down and stays strong as on the word drowning out your will share important negative information “today.” Gestures should also be strong and words. Your nonverbal such as problems with fellow employees, decisive. As you sit in your chair right now communication send messages about how follow through on tasks or procedure issues. point your finger and sweep it across your confident you are, what you think about your Obviously, “See no evil” is not a good mantra body and say, “I want you to take this and own power, and how much you like others. for managers. move it over there.” Now repeat the same Understanding what you are conveying sentence with closed fingers and your palm could mean the difference between being an Visit their workspace. Take note of how down. Finally do it once more with closed effective manager – or going unheard. employees respond when you step into their fingers and your palm up. Research says workspaces. Do they smile, make eye contact that people think the person who gives the Consider comments on employee and turn towards you, or keep their hands message while pointing is making a very performance. As a manager, you might put a on the computer keyboard, without turning serious demand and with the palm up they lot of time into carefully crafting what you’re towards you? Busy body language is fine are asking a question (“Will you do it?). going to say, but it may have a different to get once in awhile from your employees, These may seem like basic things, but when impact than you intended if your voice and but if it is habitual, take note. You may need we’re busy, or under fire in our day-to-day body language don’t match the words. You to spend more time with them. Typically, tasks we forget. may say with your words, “You need to employees will get tense when they feel they improve your time-management skills,” but can’t predict your behavior, or if you only Those wanting to portray empathy and a lack of eye contact with your employee visit them when you have to give more work softness, rather than power, should match and a low volume could make them think or bad news. If the only time you are face- and mirror what the other person is doing. that that request is not important. On the to-face with your employees is when you’re If the other person’s head is tilted, tilt your other hand, staring at the employee and giving negative information or instruction, own, if they’re breathing high in the chest, saying the same thing with a loud accusatory it might be time to try something concrete. you breathe high in the chest. Matching body voice could make them get defensive. Even Bring in bagels once a week, hang out in the language can be hard for men, who tend to the location where you give a message can conference room and talk about nothing in pull back and want to be objective. But to send a nonverbal message. For example, particular. Or, if you’re managing people in show empathy, you have to be willing to catching that person in the hallway to tell the field, make it a practice that, on Monday shift and change your body language. them to do something may effect how they mornings, you do some small talk about interpret your request. Some may think that what you did over the weekend. Small talk Granted, it is possible to completely ignore a comment made to them in the hallway has is a totally different speed of communication the nonverbal cues. Maybe you’ve been no importance or urgency. and creates different facial expressions and doing that all along. But consider this body that helps build relationships. analogy: It’s as if all of us are speaking Every time you communicate with an both English and French, with French being employee you need to consider your delivery. In addition, you’ll also strengthen those nonverbal communication. Some people You may think you’ve been clear, because relationships if you work on keeping what understand French and use it; others don’t. your words were, “Stop doing this,” or “Do you say and what you do consistent. Those who use it are getting so much more it this way,” but if the nonverbal message understanding and clarity than those that say disagrees, that’s what the employee is going Do you have a problem with employees “there is no such thing as a French language.” to “hear.” taking your seriously and following through They may think it doesn’t exist, but at the on your requests? You may need to convey same time, they may be wondering why Of course, you’re not the only one giving more confidence and conviction. Think they’re having problems at work, problems off signals. Effective managers look for cues about taking up more space. Start with in their relationships, and why people around from employees, too. How, where and when a broader stance. For men, that means them are unhappy. They don’t get it, because your employees communicate with you can standing with your feet up to 10 inches they think they’re being so clear just by tell you how they feel about you and their apart, for women, wearing pants means you using English. assignment. can increase the distance between your feet to seven or eight inches. Keep your arms So tomorrow go into work and speak a little For example, do your workers ever come further from your body. Keep your head up, “French.” into your office to talk? A lot of managers and make significant, lingering eye contact think that if they don’t, it’s a good thing - that without staring. In addition, use a strong their employees just aren’t having problems. voice. Strong is not just about your volume It may, however, be a danger signal. They level. Make sure the tone stays even, and Patti Wood, MA, CSP is a professional may be uncomfortable with you, or they sentences come down at the end rather than speaker, author and coach at may not be following through with their go up. When we want to appear “nice,” we Communication Dynamics. She can be work. If they’re comfortable in your space, tend to bring a voice up high at the end of contacted at 800.849.3651, or by e-mail at you’ll hear things, because they’ll feel safe our sentences so it sounds like there is a pwood@autosuccessonline.com. 32 www.sellingsuccessonline.com
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    sts fos ls ms sf fis AllenCheek marketing solution Accelerate Your Advertising Asking Customers the Right Questions The automotive measure impact on direct mail industry didn’t marketing) invent the customer • Rate the informational value of your satisfaction survey, but Web site it has become vital. • Competitive Intelligence – find out Those surveys are what other dealerships your customer important, well intended and useful overall, visited prior to their purchase but many overlook a powerful underlying • Identify preferred methods of hearing message about specific characteristics and about upcoming promotions viewpoints that can accelerate sales and keep customers coming back. Asking the right questions requires skill and forethought. Thorough consideration must We all know the importance of gathering be given to not only the type of questions customer information, and some would say but also how they are worded and ultimately our customers are surveyed to death. But interpreted. Key points in crafting a survey the reality is, information is essential and instrument should include: knowledge is power. • Limiting your questionnaire to no The more information you share with your more than 20 to 25 questions. advertising team, the more they can mold a • Working collaboratively with your targeted strategy while building an effective advertising team. branding and imaging campaign that will • Keeping the layout clean and stand you apart from the competition. readable • Avoiding unclear survey questions. Most data collected today seems to be focused Try reading the questions aloud to on quality control standards associated with hear how they sound. Get someone operational and sales protocols specifically who has never seen the survey before targeted to manufacturer CSI scores. I’m not and ask them to read it aloud to you implying this data isn’t critical, but it’s not • Using a warm tone in your question, enough. There’s a gold mine of information which can help demonstrate that you right at your fingertips. really care about their opinions Many CRM applications offer information An effective method of capturing market that can be captured and entered by your sales intelligence occurs while the customer is still advisors. Take advantage of this component in the showroom. In fact, most customers so you don’t miss an opportunity. will comply since it may appear part of the sales process. So, what this means is a strong Imagine harnessing the power of information survey response rate that provides a high to gain market intelligence on customer degree of confidence in the results. This insights that includes: way, you avoid the traditional methods of telephonic or follow-up survey forms that • What brought customers to your Web are most times tossed away. Listening to your site customers is critical to a successful marketing • Measurement of customer and brand campaign and also provides information loyalty to your advertising team. Done correctly, • What are current market conditions asking the right questions will pinpoint an that may impact sales (i.e., rising fuel advertising campaign that will bring in more prices) customers and accelerate sales. • What brought the customer into your dealership • Identification of the most important reasons for purchasing a vehicle from your dealership • Customer Profile – (i.e., measurement Allen Cheek is the president of of demographic characteristics for CLARITY oms. He can be contacted at target marketing) 866.611.0998 or by e-mail at • Identify key geographic areas (i.e., acheek@autosuccessonline.com. 36 www.sellingsuccessonline.com
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    sts fos ls ms sf fis MikeNichols marketing solution A Disciplined Market Plan Works Every Time It takes more than Then, select mediums that you can make the advertising to be a most impact with, rather than buying a little successful dealership. here and a little there. Television is a great It takes vision, risk, way to reach the largest number of people determination and a with your brand positioning. High-frequency lot of hard work to buys on radio and cable TV are great ways succeed as an automotive dealer. to re-enforce your brand positioning along with a “buy now” message to a smaller That being said, a disciplined marketing plan group of people over and over again. You is important and will work every time. can run a consistent print or mail campaign to give more details about the products and The key to success in the automotive business services your dealership offers, or choose is the people, product and promotion. Having a combination of media. All advertising the right cars and trucks at the right time at mediums have value. You have to pick the the right price, and having a well-trained, ones that you believe will work best for informed staff that will provide customers what you are trying to accomplish and stick service that meets or exceeds the dealership with it long enough to measure the results. expectations is key. You can always make changes and improve your plan. Sit down with all your managers and create a marketing plan. Periodically communicate to all your employees what you are advertising. Forecast how many cars and trucks you plan Every one in the store needs to know your to sell, put a dollar figure per vehicle towards dealership’s core values, so they will be able marketing, and come up with an annual dollar to communicate them to all your customers. figure for advertising and allocate a portion to each month. Then, do something very You’ve just created a branding campaign important: Factor out how much has already that communicates to your customers and been allocated to everything that goes into employees who you are and what you are advertising. That’s why you need to do this trying to accomplish. exercise with your entire management staff present. Most of the time, there are a lot of Success happens in stores that create their dollars already allocated to things that an marketing plan, and then put the pressure on owner or manager isn’t aware of. themselves to take better care of their people, “Call me Dealers using customers and inventory instead of trying to the “I Like Then, figure out what your dealership’s fine the latest and greatest ad campaign. today! That core values are. How would you like your You’ll Payment” potential customers to think of you? Is it just Put your plan into action. Monitor and work like the program lowest price, or are there other unique selling your plan. You’ll be more likely to hit your are doing points about your dealership beyond price? target, your employees will all be more results!” awesome!” Build your core message around those unique in tune with the direction of the store, and positions. Create a positioning statement of you’ll do something very important: You’ll who you really are as a dealership, and build never be surprised that you spent more than it into all your advertising. you expected to. A disciplined market plan works every time. Define your best opportunities for growth. RAQUEL SMITH, VP SALES/MARKETING Is it new? Is it pre-owned? Cars or trucks? Good selling. Is it in service? And since you still need to give potential customers reasons to buy now, create advertising that includes special offers, prices or payments along with your positioning statement. This message speaks to people in the market today, and will build Mike Nichols is president of Nichols Media. He can be contacted at long-term consideration for people who will 866.590.1624, or by e-mail at be coming into the market in the future. mnichols@autosuccessonline.com. october 2006 37
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    sts fos ls ms sf fis JesseBiter leadership solution King of Service Good customer service of Christ.” 1 Corinthians 11:1 acknowledge that employee and allow that is the lifeblood of a positive energy to motivate other team successful business. Think about the last time you ordered a members. The old adage that meal at your favorite fast-food joint. Did “cash is king” may the cashier make you feel like a valued “Do not be quickly provoked in your spirit, have a stranglehold customer, or just another wad of cash to stuff for anger resides in the lap of fools.” on the mindset of American popular culture, into the register? Somewhere along the way, Ecclesiastes 7:9 but the reality is that a company that our nation lost its passion for serving others. consistently fails to meet the expectations of Ironically, our selfish disregard for the needs Dealing with the public is not always easy. its customers will find itself with nobody left of others violates both moral values and Unpleasant customers are bound to show to disappoint. common business sense. Economics 101 up at your dealership. The trick is to never clearly dictates that the cost to acquire a new allow a negative encounter to pollute your The Internet has undeniably leveled the customer is significantly more than selling otherwise-positive workplace atmosphere. playing field for car shoppers. It takes to an existing customer. So why would any Implement a zero-tolerance policy for more than financing deals, rebates, and business not make customer service a top employees who slander customers to other other creative promotions to cater to this priority? co-workers. Comments like: “That guy was more-educated customer base. Successful really stupid,” or “She was such a _______,” dealerships have realized that slashing prices It all starts with hiring the right people. are simply not constructive and can poison and offering margin-killing incentives can Look for candidates with a sincere desire the efforts of others in the organization. Your only go so far. As profits begin to disappear, for serving others. Existing employees need ability to effectively handle adverse customer inevitably, so will the business itself. So how to be retrained and regularly reminded of encounters will make dealing with courteous does a dealership keep up with increasing your customer-first philosophy. Set the bar customers even more enjoyable. business costs, decreasing profits, and a high and set an example for your employees notoriously fickle car-buying public caught to follow. If you notice mistakes being in the middle? Give them more than just a made, work with your employees to make Jesse Biter is the president and CEO of great deal. the necessary adjustments. If you catch HomeNet, Inc. He can be contacted at something particularly noteworthy such as a 866.239.4049, or by e-mail at “Follow my example, as I follow the example customer compliment – by all means, openly jbiter@autosuccessonline.com. 38 www.sellingsuccessonline.com
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    sts fos ls ms sf fis SeanWolfington leadership solution The Seeds of Leadership All around us, people Provide others with relevant interesting are looking for leaders. opportunities and with proper measures and But where do leaders rewards, and they will more than repay your come from? How do confidence. we recognize them? Courage/Fortitude: Fortitude makes a leader Planted deep within each one of us is a seed firm in the face of difficulties, and constant of leadership that, if nurtured and cultivated, in the pursuit of righteousness. A leader who will bear fruit. Dr. McKinley Johnson, author cultivates the seeds of courage and fortitude of “Natural Leadership Development” states, will have strength to resist temptations, to “The seed of leadership is sown in the heart overcome obstacles, to face fear, and even of every person. However, a leader must to suffer persecution in humble meekness. be placed in the right environment for this A leader with a breastplate of courage will seed to germinate properly.” As a leader, you be able to make difficult decisions bravely, must know yourself and your own strengths and implement them with truthfulness and and weaknesses, so that you can build the sensitivity. best team around you. Whether you are a leader in the home, in the community, or in Knowledge: The seeds of knowledge give any business, leadership must be centered a leader the confident understanding of a on a solid foundation of virtues. Ensure subject, along with the ability to use it for a that your managers are applying these same specific purpose. Knowledge is information principles. Good leadership principles must obtained through reason and is the common cascade down through the whole dealership. point between truth and belief. The fundamental seeds of leadership are seven-fold: Reverence: Being faithful and devoted to living each day through goodness in word Wisdom: Wisdom is the ability to recognize and deed is at the heart of this seed. Leaders the difference between good and evil, and who reap the fruits of this seed give respect choosing what is good. Wisdom can also be and praise when due, and are rewarded applied in the way we incorporate our values accordingly. into our decision-making process. A wise leader is able to link the past, present, and Wonder/Awe: With the gift of wonder and future by making decisions today that are awe, a leader has the ability to see the world driven by the vision of tomorrow and based in its entire splendor. Albert Einstein once upon what was learned yesterday. said, “The most beautiful thing we can experience is the mysterious. He to whom Understanding: The virtue of understanding this emotion is a stranger, who can no longer provides leaders with the insight to perceive pause to wonder and stand rapt in awe, is as situations in the broader scope of the “bigger good as dead: His eyes are closed.” picture.” Growth in this area comes through meditation and reflection, and surrender to The fruit of the seeds of effective leadership one’s own expectations to make room for is an environment filled with loyal and new insights. From the fruit of this seed, an trusting followers who have learned by the effective leader will be able to understand examples that have been shown them, and the true meaning of life, thereby empowering who, by their own will and desire, seek and equipping his or her followers for success what it is that they have been influenced by. while discovering how to develop an attitude Great leaders bear the fruits and know how that inspires and motivates colleagues. to communicate and inspire others through a life of service, kindness, faithfulness and Counsel/Right Judgment: In adverse and love. challenging situations, this seed will not only enable a good leader to exercise good May that ever be so with us. judgment, but will enable him or her to advise and help others to make the right Sean Wolfington is the owner of decisions, as well. Have faith in people to do BZResults.com. He can be contacted great things - given space and time, everyone at 866.802.5753, or by e-mail at can achieve more than they thought possible. swolfington@autosuccessonline.com. october 2006 39
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    sts fos ls ms sf fis ScottJoseph marketing solution Scott’s Individualized Consultation Transcripts, Part 4 John (real name omitted Now if you take those same goals and noticed that bothers me is that many of these to protect the store’s increase those by just a small growth of 10 dealerships want to jump, almost grasshopper- identity) is the owner of percent watch what happens. Your active like, onto the latest-and-greatest-sounding a Chevrolet dealership customer base grows from 2,300 to 2,530. faddish concept. The problem with this is that on the East Coast. His A simple 10 percent increase makes your you operate your sales and marketing efforts customer satisfaction gross average grow from $2,000 to $2,200 totally tactically; erratically hopping from one scores are above average, but sales are flat. and your frequency jumps from .29 to .32. superficial technique to another. Now when you take the new numbers and In this consultation, I gave John a wide range multiply them you come up with $1,781,120 This makes your marketing inconsistent and of innovative ways to approach prospects, in gross profit. You’ve just increased your irregular. For most dealerships, marketing is showed him how to resell existing customers, gross profit by $437,120. That’s almost a 33 uneven and haphazard. Certainly it’s not at all and told him how to word a compelling percent growth rate. Remember that extra strategic. Some weeks you’ll run a newspaper message to convert the “deadwood” of his $437,000 in gross is only when you factor in ad, other weeks you’ll do a mailing, but mailing list into live buyers. the sales side and only with people who own worst of all – most weeks you do nothing one car. Imagine what the number could be consistently, continually or systematically. If you want to reach more prospects or convey There’s nothing tying it all together. if you made the same improvements in your a stronger and more compelling message, fixed operations, too. read this transcript. You’ve been so set on getting new business I Now if I were to ask you before this see a little bit of this with your store. (Continued from August 2006 issue of AutoSuccess…) conversation, “Can you grow 33 percent this When you do this you can’t rely on a year?” you probably would have had your predictable traffic flow, sales flow or multiplied Scott: Earlier you told me you had right at doubts. But if I were to ask you, “Can you profitability. It’s feast, then famine. It’s a 8,500 previous customers and you average grow your active customer base by 10 percent record month, then a dismal month. just over $2,000 when you sell a car, right? or your gross average or frequency what would you say?” J: I agree. We’ve tried to sit down and come John: That’s correct. up with a set advertising plan but it seems like J: I agree 10 percent on all those goals it lasts for about a month and then something S: Do you know how often people come back seems reasonable, but it’s a lot easier said comes up and we abandon it. It’s hard to in and buy from you? then done. stay with a plan because the market is always J: I have no idea. changing and the manufacturer is constantly S: I agree. If it were easy everyone would changing incentives. do it. That’s what’s great. You can almost S: If you did know what do you think it always count on most of your competitors S: I like the fact that you are so aggressive would be? to not do it. They either don’t have the right trying to sell more cars. I want to make sure J: I really don’t know I would guess about marketing strategy, most don’t have the you get what I’m talking about when it comes every three and a half years. right mindset and the most difficult thing is to your mindset because I want to make sure to really optimize everything. According to you don’t fall into that trap and give up on S: I assume that’s just on the sales side, not you, increasing your gross profit was just one everything thirty to sixty days after this parts and service, right? of the things that had to happen in order for conversation. you to know you were the best Chevrolet J: Yes, just for sales. What if they’ve bought dealership in the northeast. I’m here to tell Almost every dealership I’ve ever worked more than one vehicle from us? you if you open your mind and increase each with was massively under utilizing their of these three goals by just 10 percent, you resources when I got to them. You are too. S: Then the number would be higher. For the will also accomplish everything else you need If I can open your mind to taking advantage sake of keeping it simple let’s just talk about in order for your store to become exactly what of some of the assets you already have I think sales and the one vehicle for a moment. One you want it to be. you’ll find it easy to sell a lot more cars. Does year divided by 3.5 comes to almost .29. That that make sense? means your customer frequency average is J: I like everything you’re saying. In order .29 times per year. for me to buy into a new mindset I’m the kind J: Sure. of guy that has to see how you would suggest Let me show you a formula I show all my S: Ok let’s start to talk about the importance we accomplish these goals. I agree with the private clients. Let me ask one more question. of a great marketing strategy…. theory but I need to see a game plan. Are we Of those 8,500 customers, how many of them talking about drastic changes? Over the next several months the rest of this bought within the last 12 months? S: I like to think of it as a marketing makeover. private consultation will be printed. If you J: Well last year we sold just over 2,300 cars. would like it in its entirety now please e-mail When we first start working with dealers and general managers, it seems initially they’re Scott Joseph at the e-mail below S: Now take those 2,300 customers and multiply them by your average gross of constantly looking for the newest business Scott Joseph is the president of J&L $2,000, then multiply that number by your building strategies and those ultra-inventive Marketing, Inc. He can be contacted at frequency number of .29 and you come up ideas that will give them the quickest financial 866.429.6846, or by e-mail at with $1,344,000 in gross profit. payback on their investment. One thing I’ve sjoseph@autosuccessonline.com. 40 www.sellingsuccessonline.com
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    sts fos ls ms sf fis CharlesArrambide leadership solution Avoiding Regulatory and Compliance Attacks in Sales and F&I As a dealer, you traffickers and others. to going to court, binding arbitration provides face regulatory and a fair and efficient forum for resolving legal compliance attacks OFAC requirements apply to all cash, credit disputes. When a properly drafted agreement from numerous and lease transactions, as well as consumer- is used, binding arbitration can benefit all sources, such as class- and business-purpose transactions. To ensure parties involved. action lawsuits, big that the customer who is about to buy a vehicle verdict non-class suits, the Federal Trade from you is not on the list, you must screen • The arbitration process is private in all Commission, state attorneys general and many his or her name against the OFAC database. jurisdictions. others. In the last five issues of AutoSuccess, The same applies for vendors and employees. • Professionals make decisions in I have covered some of the top ways to avoid For an overview of how to comply, see the arbitration cases, lessening the risk of becoming the target of such actions. The June, 2006 issue of AutoSuccess. Talk with an extreme award. following review will help you determine your legal counsel to ensure you are fully • Arbitration is typically less expensive whether you are taking important measures to compliant with OFAC requirements. than resolving a dispute through the protect your business and legacy. court system. Self-Audits • Arbitration is faster. On average, The Safeguards Rule Inspect what you expect. It is not enough to arbitration cases are resolved in less Every week, it seems, there are new reports develop compliance-related programs and than nine months, while the average of data breaches at major corporations. processes for your dealership. You have to civil case takes more than two years. These security breakdowns expose the follow through on implementation. A great personal information of millions of people to way to do this is by conducting a self-audit To help you decide whether arbitration is risk. Such breakdowns occur in dealerships, of your sales and F&I areas. It is simple to right for your dealership, read my article in too. Imagine the hassle, embarrassment, do and well worth the time. Your self-audit the September, 2006 issue of AutoSuccess. negative publicity and loss of business you may reveal a minor discrepancy that you can Consider the pros and cons, and talk with would endure if your customers’ sensitive correct before it becomes a costly compliance qualified legal counsel. If binding arbitration information was lost or stolen. issue. See the July, 2006 issue of AutoSuccess is right for you, implement it using a properly for tips on conducting self-audits. drafted agreement. The Safeguards Rule (covered in the May, 2006 issue of AutoSuccess) requires dealers Employee Education Bottom Line and other financial institutions to have Your self-audit may uncover a compliance While compliance regulations change measures in place to ensure the security of gap that you can correct with training. For frequently, one thing remains the same: The customer information. You were required to example, if employees are not complying with best business practice you can implement is to be in compliance with the rule no later than Safeguards Rule requirements, determine treat every customer the right way. Ultimately, May 23, 2003. I encourage you to find out if whether they received sufficient training. If it will help protect your business and your you are still compliant. the training was not adequate, your employees legacy. may not know how to comply with the rule. Work with qualified legal counsel and evaluate That lack of compliance could have serious This information is presented for risk your information security program at least consequences for your customers and your management purposes only. It is not to be annually to ensure you remain fully compliant business. construed as legal advice or legal opinions. with the Safeguards Rule. By protecting your Consult your legal counsel for assistance. customers’ information, you are protecting Ongoing education and development will Universal Underwriters Insurance Company, yourself and your business. help ensure that your employees stay on top its affiliates, agents and employees assume of compliance issues. Give employees the no responsibility or liability for making this Office of Foreign Assets Control (OFAC) tools and knowledge they need to succeed, information available. The government prohibits all U.S. persons and you will reap the benefits. Training from doing business with any individual, and development resources are listed in the Charles F. Arrambide is assistant vice group or entity listed on the “OFAC” list, August, 2006 issue of AutoSuccess. president and associate risk officer also called the “Bad Guy” list and “Specially for Universal Underwriters Insurance Designated Nationals and Blocked Persons” Binding Arbitration Company. He can be contacted list. It includes the names of thousands Binding arbitration can be an excellent tool for at 866.347.5019, or by e-mail at of suspected and known terrorists, drug reducing risk in sales and F&I. An alternative carrambide@autosuccessonline.com. 42 www.sellingsuccessonline.com
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    sts fos ls ms sf fis TonyDupaquier f&i solution Always Ask ‘Why’ Small children learn a The best way to deal with broad objections been determined, it is easier to overcome the lot in a short time due is to turn them into specific objections. To objection and focus on the close. to the fact that they do this, ask the customer, “I can appreciate are always asking, where you’re coming from, what concerns “Why?” As adults, you about _________?” Tony Dupaquier is the director of F&I Training for the Automotive Training we assume we know Academy. He can be contacted why things happen or why people act in a This simple question should reveal the true at 866.856.6754, or by e-mail at certain manner. However, when attempting objection. Is it price or value? Once this has tdupaquier@autosuccessonline.com. to overcome objections, it is important not to assume why a customer has made a decision, but rather to dig deeper and learn the real reason why the customer declined a product Work Smarter. Market Smarter. or service. Too many times, business managers utilize a “shotgun” approach. When business managers conduct business in this manner, they start throwing product knowledge at customers to explain how good a product or benefit is. On occasion, a business manager says something that resonates with the customer, and the customer closes. Unfortunately, this approach is detrimental to the car deal on the whole, reducing CSI and increasing the chances of a chargeback. Instead, business managers should use more of a “rifle” approach with customers. This approach encourages the business manager to know what the wants/needs are, so that he or she can pinpoint and aim directly at the need/want to make the close. There are only two reasons why customers decline a product or service: Either they see no value in the product or benefit, or it is simply a price/payment issue. Whichever one it is, a professional business manager needs to be able to handle the objection. MarketView360 is a hands-free, intelligent multi-channel marketing When asking a customer why he or she system that automatically sends targeted email, voice broadcast, text declined a product, it is important to maintain and direct mail marketing messages to 100% of your customers based the highest level of professionalism, refraining from sounding angry or disappointed in on an algorithmic formula. Let MarketView360 do all the work for any way. Rather, with a look of concern or you, so YOU can focus on the right things; boosting sales, generating confusion, simply ask the customer why he or she did not opt for the product. service & parts revenue, and keeping profitability at a maximum. There are two types of objections: broad and specific. A broad objection is when a Call 1.866.591.4238 or customer says “no,” without giving any visit www.marketview360.com reason as to why. A specific objection is when the customer gives a particular excuse to find out more about MarketView360 for saying “no.” A specific objection is easy to handle, a broad objection is almost impossible to overcome. The Most Intelligent Multi-channel Marketing System On The Planet october 2006 43
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    Congrats! eCRM HerbChambers.com Dealers Tasca.com of the Year DickHannah.com CDodge.com ParagonCars.com HouseofCourtesy.com Sheehy.com RedMcCombs.com Schomp.com 9 10 BZResults.com Winners use out of Free CRM Biz Plan & BZResults.com Free In-Store Consultation 877. BZ.TOOLS 877.298.6657