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Relationship Selling
            Paul Sansone Jr.
Dealer Principal of Sansone Jr’s 66 Automall
Paul Sansone Jr.
 Paul has been a dealer since 1985. He was
 Director of Operations at Sansone Auto
 Network, a 26-acre complex including Toyota,
 Nissan, Hyundai, Mazda, Suzuki, and Lincoln
 Mercury from 1995 to 2009, and grew the
 dealership from 4,500 to 10,000 sales per
 year. Paul was also on the National Dealer
 Council for Mazda for 3 years including 2
 years as President (1997-2001). Since 2009,
 Paul is the owner of Sansone Jr’s 66 Automall,
 which includes Nissan, Kia, Suzuki as well as
 an on-site accessory center, 66MVP. In 2010,
 Paul formed The PMB Group, a firm
 specializing in dealer-focused products and
 services.
Relationship Selling

Make the Numbers Work for You


                            By Paul Sansone Jr
                                    Dealer Principal
                            Sansone Jr’s 66 Automall
                               Neptune, New Jersey
Relationship Selling:
                  Make the Numbers Work for You
                   Lead Source                   Closing Ratio

                   First Time Ups                     9%

                   Internet Leads                    10%


                   Be Backs                          67%


                   Repeat Buyers                     60%


                   Referrals                         55%
                   Friends, Family, Networking




Source: Car-Statistics
Who is Your Most Desirable Lead & Who Will Generate the Highest Gross Per Car?




 Friends, Family, Ne
 tworking
Relationship Selling:
                      Make the Numbers Work for You

                   Lead Source                   Closing Ratio
   Most            First Time Ups                     9%
advertising
dollars are        Internet Leads                    10%
focused on
   these           Be Backs                          67%

                                                                 Relationship
                   Repeat Buyers                     60%
                                                                   Selling:
                                                                 Best Results
                   Referrals                         55%
                   Friends, Family, Networking




     Source: Car-Statistics
Unbalanced
                                 Lead Sources


                                          Relationship
                     Price Driven
                     Price or Offer
                      Motivated            Motivated
•   Lowest Closing
    Rate
•   Lowest Gross
    Profit
•   More
    Manpower                                             What’s
    Hours Needed                                          Your
                                                         Game
                                                         Plan?
We Need to Focus on Balance
                       Lead Sources

      Price or Offer
      Price or Offer            Relationship
       Motivated
        Motivated                Motivated

                                                  •Higher Closing
         Newspaper                    Referrals
                                                   Rate
                                                  •Higher Gross
      Radio & Television          Networking      •Higher CSI

         Direct Mail            Previous Buyers


           Internet                   Be Backs
Math discussion
Lead Source              What is the average     What percentage of
                         cost per car for each   your business comes
                               media?                   from…
Internet
Direct Mail
Television
Newspaper
Radio
Be Backs
Previous Buyers
Networking
Referrals
                  If you don’t know, you can’t manage.
Choice of Advertising Dollars
Purchase 150 Internet Leads @ $20 each      $3000
Closing Rate 10%                            = 15 deals
Gross per car @                             $______________________
Manpower (Full time person can
effectively handle 150-200 Internet leads   $______________________
each month)
Salesperson Responsibilities:
           1980
                 Met & Greeted
                  Customers

              Took Customers on Test
                      Drive


              Managed Negotiations


Salesperson     Delivered Vehicles


              Followed Up on Unsold
                 Showroom Traffic


                   Networked


                Built Referral Base
Salesperson Responsibilities: Today

                           BDC & Delivery
          Salesperson
                            Coordinator

             Meet &
                               Incoming
              Greet
                               Sales Calls
            Customers

               Take            Incoming
            Customers           Internet
           on Test Drive         Leads


                                Manage
             Delivery?
                              Negotiations


                                Vehicle
                                Delivery



                              All Follow Up
Previous Buyer-Be Back Retention
            Products

• Data Mining including equity, end of term/lease, lower
  your payments
• Website Chat
• CRM Tool
• Content Management
• Mobile Marketing: Text and QR Codes
• Call Tracking
• Trade-In Appraisals
Make Referrals and Networking a Bigger
           Part of Your Business
• 30% of purchasers have a family member who plan to buy a new or
  used car within 90 days
• 60% of purchasers know someone who will buy within 60 days
• 71% buy because they like their salesperson
• 40% higher gross on repeats and referrals


Source: Earn Over $100,000 Selling Cars – Every Year by Joe Verde

• Local community events: Hope for a Ride
• Large buying programs for local businesses: example, Jersey
  Shore Premium Outlets
• Contact local organizations like PBAs
Organic Growth Stems from Salesperson
                RA2                                          RA2
                             RA2                                        RA2

        RA2
                                                          Significant         RA2
                                             RA
                        Neighbor                            Other

                                                                          RA2
              RA2
                       Satisfied                             Service
                                         Salesperson         Advisor
 RA2                   Customer                                                     RA2
              RA2                                                       RA2


                        Friend           Children         Sibling
                                                                        RA2
RA2
                                   RA2              RA2       RA2

      RA2        RA2                                                    RA2
                                           RA2

 Give sales the tools to build their own business within my business
My Dealership Has the Tool to
              Make Networking EZ
 •    At my dealership, I developed and launched a product called EZ
      Referral Network* to make relationship selling EASY.
 •    Through the use of today’s technology the EZ Referral Network allows a
      dealer/salesperson to easily build a vibrant and active referral network
       – Smart Phone Web-Based Application
       – Personalized Websites, Mobile Websites, QR Codes and SMS Text
          Codes
       – Mobile Wallet**
       – Prepaid Debit Card*/Electronic Payment




                                                             *Cards are issued by Citibank, N.A.
                                                          pursuant to a license from Visa U.S.A. Inc.
 My dealership has 1600 Referral Agents!                 and managed by Citi Prepaid Services. This
                                                           card can be used everywhere Visa debit
                                                                     cards are accepted.

*Patent pending
EZ Referral Network is a systematic way to:
 Get Referrals
 Track Referrals
 Pay Referrals
                            Salesperson




                 BDC/
                                          Referral
               Dealership
                                           Agent
                 CRM




                             Customer
6 Months Results
• EZ Referral Network results at Sansone
  Jr’s 66 Automall:
  – 118 Deals @ $2400 gross = $283,200
  – 40% of all leads delivered
  – 1300 Referral Agents
  – Overall Business= +10%
  – August= +23%
  – Nissan Ranking 114 of 245 to 83 of 245
Nissan Motor Company Dealer
                Rejecter Study Report
                                         February 2012 – July 2012
 •   245 northeastern Nissan dealers
 •   11 Nissan dealers in district

 Question: Why did Local Nissan purchasers not shop Sansone Jr’s 66 Nissan?
                                                  District Rank             Region
 Avoided Dealership       51.2%                    11                        239

 Rep’s comment: Acquired dealership in Dec 2009/ Prior dealer reputation

 Question: Those customers who purchased from Sansone Jr’s 66 Nissan: How is it that you became aware of
 this dealership?
                                                  District Rank              Region
Recommended by           29.6%                    1                          42
Friend or Family
Rep’s Comment: Far above average; EZ Referral in action

 Nissan rankings :
 August year to date 2011, we were 118 out of 245 in the northeast region.
 In August 2012 alone we were 83 out of 245, which is a 30% increase.
Fundraising
                                                                            Salesperson belongs to
                                                                            organization

                                 Organization                               Organizations sign up their
                                                                            members and receive $50


                                                                             Members can refer customers
                                                                             and receive $100
                                                                             Customers

  • Organization signs up members
  • Members refer customer
               • Members can earn $100 for every customer
               • Organization can earn $50 for that same customer
Organizations: Millstone Elks BPOE 2613, Lighthouse of Deliverance, Jersey Shore Premium Outlets, First
French Speaking Baptist Church, Word of God Church of Faith
New Jersey PBA Local 57, New Jersey PBA Local 251, New Jersey PBA Local 305, First Pentecostal, Family
Promise of Monmouth County
Relationship Selling


Make the Math for You!

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Paul Sansone JR

  • 1.
  • 2. Relationship Selling Paul Sansone Jr. Dealer Principal of Sansone Jr’s 66 Automall
  • 3. Paul Sansone Jr. Paul has been a dealer since 1985. He was Director of Operations at Sansone Auto Network, a 26-acre complex including Toyota, Nissan, Hyundai, Mazda, Suzuki, and Lincoln Mercury from 1995 to 2009, and grew the dealership from 4,500 to 10,000 sales per year. Paul was also on the National Dealer Council for Mazda for 3 years including 2 years as President (1997-2001). Since 2009, Paul is the owner of Sansone Jr’s 66 Automall, which includes Nissan, Kia, Suzuki as well as an on-site accessory center, 66MVP. In 2010, Paul formed The PMB Group, a firm specializing in dealer-focused products and services.
  • 4. Relationship Selling Make the Numbers Work for You By Paul Sansone Jr Dealer Principal Sansone Jr’s 66 Automall Neptune, New Jersey
  • 5. Relationship Selling: Make the Numbers Work for You Lead Source Closing Ratio First Time Ups 9% Internet Leads 10% Be Backs 67% Repeat Buyers 60% Referrals 55% Friends, Family, Networking Source: Car-Statistics
  • 6. Who is Your Most Desirable Lead & Who Will Generate the Highest Gross Per Car? Friends, Family, Ne tworking
  • 7. Relationship Selling: Make the Numbers Work for You Lead Source Closing Ratio Most First Time Ups 9% advertising dollars are Internet Leads 10% focused on these Be Backs 67% Relationship Repeat Buyers 60% Selling: Best Results Referrals 55% Friends, Family, Networking Source: Car-Statistics
  • 8. Unbalanced Lead Sources Relationship Price Driven Price or Offer Motivated Motivated • Lowest Closing Rate • Lowest Gross Profit • More Manpower What’s Hours Needed Your Game Plan?
  • 9.
  • 10. We Need to Focus on Balance Lead Sources Price or Offer Price or Offer Relationship Motivated Motivated Motivated •Higher Closing Newspaper Referrals Rate •Higher Gross Radio & Television Networking •Higher CSI Direct Mail Previous Buyers Internet Be Backs
  • 11. Math discussion Lead Source What is the average What percentage of cost per car for each your business comes media? from… Internet Direct Mail Television Newspaper Radio Be Backs Previous Buyers Networking Referrals If you don’t know, you can’t manage.
  • 12. Choice of Advertising Dollars Purchase 150 Internet Leads @ $20 each $3000 Closing Rate 10% = 15 deals Gross per car @ $______________________ Manpower (Full time person can effectively handle 150-200 Internet leads $______________________ each month)
  • 13. Salesperson Responsibilities: 1980 Met & Greeted Customers Took Customers on Test Drive Managed Negotiations Salesperson Delivered Vehicles Followed Up on Unsold Showroom Traffic Networked Built Referral Base
  • 14. Salesperson Responsibilities: Today BDC & Delivery Salesperson Coordinator Meet & Incoming Greet Sales Calls Customers Take Incoming Customers Internet on Test Drive Leads Manage Delivery? Negotiations Vehicle Delivery All Follow Up
  • 15. Previous Buyer-Be Back Retention Products • Data Mining including equity, end of term/lease, lower your payments • Website Chat • CRM Tool • Content Management • Mobile Marketing: Text and QR Codes • Call Tracking • Trade-In Appraisals
  • 16. Make Referrals and Networking a Bigger Part of Your Business • 30% of purchasers have a family member who plan to buy a new or used car within 90 days • 60% of purchasers know someone who will buy within 60 days • 71% buy because they like their salesperson • 40% higher gross on repeats and referrals Source: Earn Over $100,000 Selling Cars – Every Year by Joe Verde • Local community events: Hope for a Ride • Large buying programs for local businesses: example, Jersey Shore Premium Outlets • Contact local organizations like PBAs
  • 17. Organic Growth Stems from Salesperson RA2 RA2 RA2 RA2 RA2 Significant RA2 RA Neighbor Other RA2 RA2 Satisfied Service Salesperson Advisor RA2 Customer RA2 RA2 RA2 Friend Children Sibling RA2 RA2 RA2 RA2 RA2 RA2 RA2 RA2 RA2 Give sales the tools to build their own business within my business
  • 18. My Dealership Has the Tool to Make Networking EZ • At my dealership, I developed and launched a product called EZ Referral Network* to make relationship selling EASY. • Through the use of today’s technology the EZ Referral Network allows a dealer/salesperson to easily build a vibrant and active referral network – Smart Phone Web-Based Application – Personalized Websites, Mobile Websites, QR Codes and SMS Text Codes – Mobile Wallet** – Prepaid Debit Card*/Electronic Payment *Cards are issued by Citibank, N.A. pursuant to a license from Visa U.S.A. Inc. My dealership has 1600 Referral Agents! and managed by Citi Prepaid Services. This card can be used everywhere Visa debit cards are accepted. *Patent pending
  • 19. EZ Referral Network is a systematic way to:  Get Referrals  Track Referrals  Pay Referrals Salesperson BDC/ Referral Dealership Agent CRM Customer
  • 20. 6 Months Results • EZ Referral Network results at Sansone Jr’s 66 Automall: – 118 Deals @ $2400 gross = $283,200 – 40% of all leads delivered – 1300 Referral Agents – Overall Business= +10% – August= +23% – Nissan Ranking 114 of 245 to 83 of 245
  • 21. Nissan Motor Company Dealer Rejecter Study Report February 2012 – July 2012 • 245 northeastern Nissan dealers • 11 Nissan dealers in district Question: Why did Local Nissan purchasers not shop Sansone Jr’s 66 Nissan? District Rank Region Avoided Dealership 51.2% 11 239 Rep’s comment: Acquired dealership in Dec 2009/ Prior dealer reputation Question: Those customers who purchased from Sansone Jr’s 66 Nissan: How is it that you became aware of this dealership? District Rank Region Recommended by 29.6% 1 42 Friend or Family Rep’s Comment: Far above average; EZ Referral in action Nissan rankings : August year to date 2011, we were 118 out of 245 in the northeast region. In August 2012 alone we were 83 out of 245, which is a 30% increase.
  • 22. Fundraising Salesperson belongs to organization Organization Organizations sign up their members and receive $50 Members can refer customers and receive $100 Customers • Organization signs up members • Members refer customer • Members can earn $100 for every customer • Organization can earn $50 for that same customer Organizations: Millstone Elks BPOE 2613, Lighthouse of Deliverance, Jersey Shore Premium Outlets, First French Speaking Baptist Church, Word of God Church of Faith New Jersey PBA Local 57, New Jersey PBA Local 251, New Jersey PBA Local 305, First Pentecostal, Family Promise of Monmouth County

Editor's Notes

  1. Why is everyone focusing on Internet leads when the closing rate is so low? Discuss Be Backs
  2. Invest in yourself next; show other seesaw instead of pie chart
  3. Back then there wasn’t a BDC, no secondary finance department or delivery coordinators.
  4. Why not get the salespeople back in the game?This is what we’re down with most sales people: Nicest people you meet, follow up, know your product: star in this industryWhat departments does that create: BDC, special finance dept., delivery coordinatorsIs that an investment or an expense?
  5. Salesperson EASILY refers referral agents (friends, family members, customers)Referral agents EASILY refer customersCustomer’s information EASILY goes dealership’s CRMCustomer meets with Salesperson