SlideShare a Scribd company logo
1 of 9
Download to read offline
What Do Actual Visitors To Dealership Web Sites Have To Say?
By Ralph Paglia

Since starting my role at ADP Dealer Services about a year ago, I have been contacted by several
people who worked with me in the past. I worked with Rudy Martin at Reynolds and Reynolds and he
is now vice president of The Intellimark Group, which supplies a variety of products and services to
dealerships throughout North America. Rudy contacted me about a survey Intellimark had aggregated
from data collected in over 5,000 completed questionnaires submitted by dealer web site visitors.
These were consumers who had visited the web sites of dealerships served by Rudy’s company,
Intellimark Group. After discussing the aggregated survey results, Rudy agreed to collaborate with me
on this article to explore insights gained.

Let’s take a look at some of the charts and graphs which show the aggregated survey answers from
over 5,000 dealer web site visitors… One of the more interesting results comes from when dealer web
site visitors were asked how soon they would be buying their next vehicle. Their responses to the
“how soon” question is shown in chart #1 below:
                               Chart #1: IN-MARKET VEHICLE PURCHASE TIMING
                                 DEALER WEB SITE VISITORS - ALL CUSTOMER SEGMENTS


    45.0%             41.1%


    40.0%                               67% OF ALL SURVEYS INDICATED A PLANNED PURCHASE WITHIN 90 DAYS.

                                        62% OF THOSE PLANNED TO PURCHASE WITHIN 30 DAYS.
    35.0%


    30.0%


    25.0%


                                                                                                       17.4%
    20.0%                                  15.3%                                15.8%


    15.0%                                                    10.4%


    10.0%


     5.0%


     0.0%
              Within 30 days        Within 60 days    Within 90 days   Within 3 - 6 months   Within 6 - 12 months


For Internet Sales Specialists and Managers who have been working with a mix of dealer web site
generated leads and leads from other sources, this comes as no surprise. The Survey data validates the
experience of most dealerships in finding that Internet leads coming in from their own web sites result
in vehicle sales at a far higher rate than Internet leads from 3rd party lead producers and aggregators.

If you are like me, when a customer says they will be buying a vehicle in the near future, one of the
first things you want to know if there is a trade-in involved. In trying not to be overly transparent as to
your concern over the customer’s trade-in situation, you might ask the question in this type of format:
“Will you be replacing a vehicle, or adding another vehicle to what you currently own?” The dealer
web site visitors who answered the “how soon” question responded to the replacement or trade-in
question as shown in the next illustration, which is chart #2:
                Chart #2: VEHICLE REPLACEMENT OR ACQUISITION PURCHASE DRIVERS




                            Undecided
                              11%
                                                                                   Additional
                                                                                     22%




                            Replacement
                                67%




What the above chart goes to show is that visitors to dealership web sites who are in the market for a
vehicle are highly likely (67%) to be interested in the value of the vehicle they are replacing as a trade-
in. Although some of these people may intend to sell or otherwise dispose of their current vehicle,
there would still be a desire to see an estimated value. This helps to prove the value proposition of the
industry’s two leading dealer web site trade-in evaluation tools, Kelley Blue Book’s LeadDriver and
Black Book Online.

So… What are these wonderful dealer web site sales prospects considering for their next vehicle
purchase? Aggregating the surveys shows that almost half of them say (before they buy) that they are
interested in a new vehicle. However, of the 51% that did not indicate an interest in a new vehicle,
16% of them are undecided, or what I like to describe as “open minded”. Their actual purchase will be
based upon situational opportunity factors including price and availability. Chart #3 is shown below
and shows dealer web site visitor responses to the question about what type of vehicle they plan to buy
next:
Chart #3: VEHICLE PURCHASE INTEREST




                             Undecided                           Certified Pre-Owned
                               16%                                        19%




       Pre-Owned
          16%




                                                                   New
                                                                   49%




With over 35% of dealer web site visitors saying that they intend to buy a pre-owned vehicle as their
next purchase, and 51% stating right up front that they are not interested in a new vehicle for their next
purchase, it makes sense to consider putting an emphasis on used vehicle specials as featured content
on dealership web sites. With so much emphasis and effort being made on competing in the hyper-
competitive new vehicle sales arena, this data suggests that an equal amount of effort in using dealer
web sites to promote used vehicles may yield a higher return. With used vehicles being somewhat
more unique, and less of a commodity than new vehicles, the argument for featuring and promoting
used vehicles on dealer web sites gets even stronger when reviewing the survey data.

Despite the software based tracking metrics that most digital marketing professionals use, it is
interesting to see what answers you get when simply asking dealer web site visitors how they found
the dealer’s web site. The answers received on the surveys show a different makeup than what we
usually see when looking at Omniture SiteCatalyst or WebTrends reports for dealer web site visitors.
Take a look at chart #4 below and consider the differences between what “stimulated” a consumer’s
search for a dealer’s web site and the technology they chose to get there:
Chart #4: SOURCE OF DEALER WEB SITE VISITORS
                           SURVEY RESPONDENTS - ALL CUSTOMER SEGMENTS



                                                Direct Mail   eBay Motors
                                                    2%            1%




                                                                Friend/Neighbor
                            Current Customer
                                                                      10%
                                  17%

                                                                                        Google
                                                                               or other search engine
               TV/Cable                                                                  14%
                13%


                                                                             Manufacturer Website
                                                                                     13%


                                               Other
                                               16%
              Radio
               7%



                                                                            Newspaper Advertisement
                                                                                      6%




The dealer web site visitor responses aggregated into chart #4 shows there is a very real opportunity to
drive more traffic into dealership web sites using integrated marketing campaigns. Integrated
Marketing campaigns are those that include both conventional media and online digital marketing.
Despite the current situation of few dealers focusing on using advertising to specifically drive
customers to their web sites, 44% of the Intellimark Surveyed dealer web site visitors indicated they
got there as a result of dealership advertising in non-digital conventional media sources such as TV,
Radio, Newspaper and direct mail. What is glaring to me is the low percentage (14%) of dealership
web site visitors who got there using search engines… These results indicate there are significant areas
of opportunity for dealer web site traffic growth using Search Engine Marketing (SEM) and Digital
Advertising Campaigns.

When we break down the aggregated data from these Surveys within categories of those who say they
intend to get a new vehicle, versus those who intend to get a used vehicle, or are undecided (open
minded), we get a clearer picture of what is important to each type. For example, among those that
indicated they intend to buy a used vehicle, or are open minded about their next vehicle purchase, we
wanted to see what vehicle type they were most likely to consider. Understanding buyer intentions
helps to guide us on what to feature in our online specials and when we advertise on other web sites to
attract more traffic. In chart #5, we see that almost 40% were looking for passenger cars… And, over
40% were looking for SUV and Sport or Specialty vehicles. I was surprised to see that only 7.9% of
the used car buyers were looking for pickup trucks. Chart #5 is shown below:
Chart #5: VEHICLE OF INTEREST
                                                    (PRE-OWNED & UNDECIDED)

                                                                            39.8%
      40.0%
                  Purchase interest in light-duty trucks
                  (Pickups, SUVs & Minivans) was nearly
      35.0%       equal to that of passenger cars.



      30.0%                                                                                                     28.5%



      25.0%



      20.0%



      15.0%
                                                                                                      12.1%


      10.0%                     7.9%
                                               6.8%

       5.0%
                                                               2.8%
                   1.6%
                                                                                          0.5%
       0.0%
              Commercial   Light Duty      Luxury          Mini Van   Passenger Car   Passenger    Sport or    SUV
                Vehicle      Truck                                                       Van      Speciality


The high interest in used passenger cars shown in chart #5 may have been influenced by the last 3
years of sustained high gas prices. Used vehicle demand may be a leading indicator of what will sell
on the new car lot. This survey result also shows why the domestic auto industry’s continued emphasis
on trucks and SUV’s is not generating the level of interest we experienced prior to 2005.

So, what is most important to these used car buyers visiting dealer web sites? The aggregated survey
results from over 5,000 visitors to dealership web sites shows that price and payment is still king with
pre-owned buyers. With fuel economy rising to third place in importance and overtaking the previous
perennial favorite, vehicle safety. In chart #6, we see what the dealer web site visitor who is either
undecided on new versus used, or wants a used vehicle, says are the most important decision criteria
used to determine the actual vehicle they will end up buying:
Chart #6: VEHICLE PURCHASE DECISION "HOT BUTTONS"
                                                       (PRE-OWNED & UNDECIDED)



      40.0%                                    38.4%
                                                                                    Inspite of the high cost of gas, Fuel Economy
                                                                                    placed a distant 3rd to monthly payment and
                                                                                    total selling price with the Pre-owned and
      35.0%
                                                                                    Undecided segments.


      30.0%                                                               28.3%



      25.0%



      20.0%


                   14.4%
      15.0%



      10.0%
                                                                                           6.5%
                                                             5.0%
      5.0%                                                                                                 3.9%
                                   2.8%
                                                                                                                         0.8%
      0.0%
              Fuel Economy   Immediate      Monthly        Other    Total Selling   Trade-In Value Vehicle Styling   Vehicle
                             Availability   Payment                    Price                                         Warranty




In Chart #6 we see that the most effective advertising may be that which features monthly payments,
followed by selling price… I know, very few of you are surprised. So, why do we continue to place
advertisements intended to drive traffic to dealer web sites that do not feature payments, price or even
fuel economy? I was guilty of thinking availability was a key factor, as in the outdoor advertisement
shown in the image below:
Looking at the results of these Intellimark Surveys, it is no longer a mystery why the ad shown below
seemed to drive so many more web site visitors and phone calls than the “Largest Inventory”
advertising campaigns:




These considerations, what to advertise and which message will get the most attention are the
questions best answered by surveys such as what Intellimark Group has put together. After all, if the
message doesn’t hit the car shopper’s hot spots, then it won’t get their attention amidst all the media
clutter that is out there today.

Which brings me to another interesting insight from this survey research… What are the most
significant factors in deciding what type of vehicle to buy and when to pull the trigger? Of course, this
is based on what car shoppers say is important… Anyone who has sold cars long enough will tell you
that how buyers act is often different than what they say. Still, there is a lot of value in studying what
car shoppers believe are the reasons they will decide on a particular vehicle or deal. With that said,
there are a lot of differences in what motivates vehicle buyers depending on the vehicle type they are
considering. So let’s take a look at chart #7 which shows the considerations that dealer web site
visitors reported when asked what factors would determine what, where and when they would make
their next vehicle purchase. These responses were aggregated and then segmented by the specific
vehicle types the buyers said they were looking for. Chart #7 breaks down vehicle purchase
consideration factors by type of vehicle the dealer web site visitor reported as being their primary
vehicle of interest:
Chart #7: Vehicle Purchase Consideration Factors
    100%     0.0%         0.0%
                          1.4%         0.0%        0.0%       0.3%                    0.8%       1.8%
                                                   3.7%       3.1%
                                       9.1%                                           7.6%       4.1%    Vehicle
                         10.0%                     3.7%       4.9%
                                                                                                         Warranty
     90%                                                                              5.0%       10.4%
                                       6.1%                              25.0%
                                                                                                         Vehicle
     80%                                                     25.7%                                       Styling
                                                  33.3%                                          13.1%
             50.0%                                                        0.0%       24.4%
     70%                 37.1%         31.8%                                                             Trade-In
                                                                                                 5.9%    Value
                                                              2.9%
                                                                         25.0%
     60%
                                                                                     10.9%               Total Selling
                                                   7.4%                                                  Price
                                       3.0%
     50%
                          7.1%
             7.1%                                                                                        Other
                                                             40.8%                               46.2%
     40%

                                       31.8%                                         35.3%               Monthly
     30%                 30.0%                    44.4%                                                  Payment
             28.6%
                                                                         50.0%
                                                              1.8%
     20%                                                                                                 Immediate
                                                                                                 5.0%    Availability
                                       4.5%                                           2.5%
             0.0%
                          5.7%                               20.5%
     10%
             14.3%                     13.6%                                         13.4%       13.6%   Fuel
                          8.6%                     3.7%                                                  Economy
                                                   3.7%
      0%                                                                  0.0%
           Commercial   Light Duty     Luxury    Mini Van   Passenger   Passenger    Sport or    SUV
             Vehicle      Truck                                Car         Van      Speciality

It is interesting to note that once again, monthly payments and vehicle selling price are the two most
important criteria. Fuel economy is more significant than at any time since the Arab Oil Embargoes of
a generation ago, especially for passenger car and commercial vehicle buyers. Surprising to me,
coming from a vehicle sales background, is the low level of importance placed on vehicle styling. Of
course, once again I would like to remind readers that these are what car shoppers “say” is most
important and how they actually end up buying may or may not correlate to what they said before they
make their purchase… But, this still shows us what these visitors to dealer web sites report as being
most important and what will get their attention more effectively than ads or specials focused on other
criteria.

One of the many factors to consider when looking at these survey results is that these are shoppers
who are very deep into the sales process funnel. As indicated in chart #1, these are people who will be
buying a vehicle fairly soon and may have already gone through the process of determining what type
of vehicle they will be getting next. For these reasons, the degree of importance placed on price and
payments may be far more significant than people further away from their next vehicle purchase, who
have not yet determined the type, make or model they are most interested in. After all, when
interviewing people who have already found your dealership’s web site, how likely would it be that
they have already decided on a make and model and are now looking for the right deal, salesperson,
convenience and financing terms? The results of this Intellimark Survey of dealership web site
visitors may not be too surprising to many people, but they do confirm that most dealerships are better
served by generating more visitors to their store’s web sites.

When considering the ways we can most effectively drive traffic to dealership web sites, it is highly
logical to look at what consumers who have already visited dealer web sites find most important to
them… Then we can use those most important criteria as a means of deciding what is most likely to
work in trying to get more of an already good thing; the car shoppers that visit our dealership’s web
sites. These aggregated survey results are all the more significant because of the sheer size of the
sample… 5,000 dealer web site visitors is highly significant from a statistical perspective. There are
many ways to interpret and act upon these results, but one plan of action should be strikingly clear.
The use of integrated marketing campaigns that use a mixed blend of media such as TV, Radio,
Outdoor, geotargeted search engine and display advertising on web sites… This is what works in
driving the most valuable leads we can generate. The leads and phone calls coming from visitors to
our own dealership web sites.

Editor’s notes: Ralph Paglia is the Director of Digital Marketing for ADP Dealer Services and can be
reached by email at ralph_paglia@adp.com or by phone at 505-301-6369. Rudy Martin is Vice
President and General Manager of the Intellimark Group, a division of Rocket City Automotive
Group, Inc. and can be reached by email at rmartin@imarkpro.com or by phone at 407-219-3636.

More Related Content

What's hot

Automotive Dealership Marketing
Automotive Dealership MarketingAutomotive Dealership Marketing
Automotive Dealership MarketingBenchmark
 
Make digital work for you
Make digital work for youMake digital work for you
Make digital work for youhluecke
 
Monetizing car-data
Monetizing car-dataMonetizing car-data
Monetizing car-dataMerve Kara
 
Amazon is eating the world
Amazon is eating the worldAmazon is eating the world
Amazon is eating the worldFabernovel
 
Ad Banner Selling Guide
Ad Banner Selling GuideAd Banner Selling Guide
Ad Banner Selling Guidecarsoup
 
Automotive Website Vendor SEO Comparison Study
Automotive Website Vendor SEO Comparison StudyAutomotive Website Vendor SEO Comparison Study
Automotive Website Vendor SEO Comparison StudyRalph Paglia
 
PayPal + Pinterest Merger Proposition
PayPal + Pinterest Merger PropositionPayPal + Pinterest Merger Proposition
PayPal + Pinterest Merger Propositionthomas paulson
 
Google Research Informed Consumer
Google Research Informed ConsumerGoogle Research Informed Consumer
Google Research Informed ConsumerRalph Paglia
 
Role of Interactive Media in the Local Car Shopping Process
Role of Interactive Media in the Local Car Shopping ProcessRole of Interactive Media in the Local Car Shopping Process
Role of Interactive Media in the Local Car Shopping ProcessRalph Paglia
 
Foresee: Mobile Satisfaction: Apple and Amazon Excel (Holiday 2011)
Foresee: Mobile Satisfaction: Apple and Amazon Excel (Holiday 2011)Foresee: Mobile Satisfaction: Apple and Amazon Excel (Holiday 2011)
Foresee: Mobile Satisfaction: Apple and Amazon Excel (Holiday 2011)Di Gallo
 

What's hot (13)

Automotive Dealership Marketing
Automotive Dealership MarketingAutomotive Dealership Marketing
Automotive Dealership Marketing
 
Make digital work for you
Make digital work for youMake digital work for you
Make digital work for you
 
Monetizing car-data
Monetizing car-dataMonetizing car-data
Monetizing car-data
 
Amazon is eating the world
Amazon is eating the worldAmazon is eating the world
Amazon is eating the world
 
Ad Banner Selling Guide
Ad Banner Selling GuideAd Banner Selling Guide
Ad Banner Selling Guide
 
Automotive Website Vendor SEO Comparison Study
Automotive Website Vendor SEO Comparison StudyAutomotive Website Vendor SEO Comparison Study
Automotive Website Vendor SEO Comparison Study
 
RHS Ad Removal
RHS Ad RemovalRHS Ad Removal
RHS Ad Removal
 
PayPal + Pinterest Merger Proposition
PayPal + Pinterest Merger PropositionPayPal + Pinterest Merger Proposition
PayPal + Pinterest Merger Proposition
 
Google Research Informed Consumer
Google Research Informed ConsumerGoogle Research Informed Consumer
Google Research Informed Consumer
 
Role Interactive Media Car Shopping Process
Role Interactive Media Car Shopping ProcessRole Interactive Media Car Shopping Process
Role Interactive Media Car Shopping Process
 
Role of Interactive Media in the Local Car Shopping Process
Role of Interactive Media in the Local Car Shopping ProcessRole of Interactive Media in the Local Car Shopping Process
Role of Interactive Media in the Local Car Shopping Process
 
LPA Report_April 20[1]
LPA Report_April 20[1]LPA Report_April 20[1]
LPA Report_April 20[1]
 
Foresee: Mobile Satisfaction: Apple and Amazon Excel (Holiday 2011)
Foresee: Mobile Satisfaction: Apple and Amazon Excel (Holiday 2011)Foresee: Mobile Satisfaction: Apple and Amazon Excel (Holiday 2011)
Foresee: Mobile Satisfaction: Apple and Amazon Excel (Holiday 2011)
 

Viewers also liked (7)

Web serviceseservicebestpractices
Web serviceseservicebestpracticesWeb serviceseservicebestpractices
Web serviceseservicebestpractices
 
Wp focus onresults_guide_2006
Wp focus onresults_guide_2006Wp focus onresults_guide_2006
Wp focus onresults_guide_2006
 
Workbook am
Workbook amWorkbook am
Workbook am
 
Webhound turning webdataintointelligence
Webhound turning webdataintointelligenceWebhound turning webdataintointelligence
Webhound turning webdataintointelligence
 
Why crm advertising vs targeted marketing
Why crm   advertising vs targeted marketingWhy crm   advertising vs targeted marketing
Why crm advertising vs targeted marketing
 
Web brandmanagement.com
Web brandmanagement.comWeb brandmanagement.com
Web brandmanagement.com
 
Adp da prsntn to kenny ross group 06 03-2009-v1
Adp da prsntn to kenny ross group 06 03-2009-v1Adp da prsntn to kenny ross group 06 03-2009-v1
Adp da prsntn to kenny ross group 06 03-2009-v1
 

Similar to What matters to dealership web site visitors v3

What Matters Most To Car Dealer Web Site Visitors By Ralph Paglia Auto Digest
What Matters Most To Car Dealer Web Site Visitors By Ralph Paglia Auto DigestWhat Matters Most To Car Dealer Web Site Visitors By Ralph Paglia Auto Digest
What Matters Most To Car Dealer Web Site Visitors By Ralph Paglia Auto DigestSocial Media Marketing
 
What Matters Most To Car Dealer Web Site Visitors By Ralph Paglia A...
What  Matters  Most  To  Car  Dealer  Web Site  Visitors By  Ralph  Paglia  A...What  Matters  Most  To  Car  Dealer  Web Site  Visitors By  Ralph  Paglia  A...
What Matters Most To Car Dealer Web Site Visitors By Ralph Paglia A...Ralph Paglia
 
Auto Digest What Matters To Site Visitors Paglia
Auto Digest What Matters To Site Visitors PagliaAuto Digest What Matters To Site Visitors Paglia
Auto Digest What Matters To Site Visitors PagliaSocial Media Marketing
 
What Matters Most To Car Dealer Web Site Visitors By Ralph Paglia Auto Digest
What Matters Most To Car Dealer Web Site Visitors By Ralph Paglia Auto DigestWhat Matters Most To Car Dealer Web Site Visitors By Ralph Paglia Auto Digest
What Matters Most To Car Dealer Web Site Visitors By Ralph Paglia Auto DigestRalph Paglia
 
Jd Power Internet Roundtable Summary Report
Jd Power Internet Roundtable Summary ReportJd Power Internet Roundtable Summary Report
Jd Power Internet Roundtable Summary ReportKelly Automotive
 
2007CobalteBusStudy copy
2007CobalteBusStudy copy2007CobalteBusStudy copy
2007CobalteBusStudy copyKevin Root
 
Role of the Internet in Vehicle Purchase Process. Report By Polk/Autotrader F...
Role of the Internet in Vehicle Purchase Process. Report By Polk/Autotrader F...Role of the Internet in Vehicle Purchase Process. Report By Polk/Autotrader F...
Role of the Internet in Vehicle Purchase Process. Report By Polk/Autotrader F...SL Ecommerce and ReviewsReputation.com
 
Optimizing Paid Search
Optimizing Paid SearchOptimizing Paid Search
Optimizing Paid Searchjlamuraglia
 
Optimizing Paid Search Advertising Used Vehicles
Optimizing Paid Search Advertising Used VehiclesOptimizing Paid Search Advertising Used Vehicles
Optimizing Paid Search Advertising Used VehiclesPeter Sorgenfrei
 
Cost Effective Reach In Market Car Buyers By Value Click
Cost Effective Reach In Market Car Buyers By Value ClickCost Effective Reach In Market Car Buyers By Value Click
Cost Effective Reach In Market Car Buyers By Value ClickSocial Media Marketing
 
Cost Effective Reach In Market Car Buyers By Value Click
Cost  Effective  Reach  In  Market  Car  Buyers By  Value ClickCost  Effective  Reach  In  Market  Car  Buyers By  Value Click
Cost Effective Reach In Market Car Buyers By Value ClickRalph Paglia
 
Cost Effective Reach In Market Car Buyers By Value Click
Cost Effective Reach In Market Car Buyers By Value ClickCost Effective Reach In Market Car Buyers By Value Click
Cost Effective Reach In Market Car Buyers By Value ClickRalph Paglia
 
Automotive Digital Advertising Strategy Workshop for Kenny Ross Auto Group
Automotive Digital Advertising Strategy Workshop for Kenny Ross Auto GroupAutomotive Digital Advertising Strategy Workshop for Kenny Ross Auto Group
Automotive Digital Advertising Strategy Workshop for Kenny Ross Auto GroupSocial Media Marketing
 
Digital dealeroctober2008 d-addefinemetrics-v1
Digital dealeroctober2008 d-addefinemetrics-v1Digital dealeroctober2008 d-addefinemetrics-v1
Digital dealeroctober2008 d-addefinemetrics-v1Social Media Marketing
 
Achats B2B : l'étude d'Accenture (2014)
Achats B2B : l'étude d'Accenture (2014)Achats B2B : l'étude d'Accenture (2014)
Achats B2B : l'étude d'Accenture (2014)Steve Campioni
 
Accenture b2 b-procurement-study 2014
Accenture b2 b-procurement-study 2014Accenture b2 b-procurement-study 2014
Accenture b2 b-procurement-study 2014rahulp9999
 
Automotive Digital Advertising Facts and Charts
Automotive Digital Advertising Facts and ChartsAutomotive Digital Advertising Facts and Charts
Automotive Digital Advertising Facts and ChartsSocial Media Marketing
 

Similar to What matters to dealership web site visitors v3 (20)

What Matters Most To Car Dealer Web Site Visitors By Ralph Paglia Auto Digest
What Matters Most To Car Dealer Web Site Visitors By Ralph Paglia Auto DigestWhat Matters Most To Car Dealer Web Site Visitors By Ralph Paglia Auto Digest
What Matters Most To Car Dealer Web Site Visitors By Ralph Paglia Auto Digest
 
What Matters Most To Car Dealer Web Site Visitors By Ralph Paglia A...
What  Matters  Most  To  Car  Dealer  Web Site  Visitors By  Ralph  Paglia  A...What  Matters  Most  To  Car  Dealer  Web Site  Visitors By  Ralph  Paglia  A...
What Matters Most To Car Dealer Web Site Visitors By Ralph Paglia A...
 
Auto Digest What Matters To Site Visitors Paglia
Auto Digest What Matters To Site Visitors PagliaAuto Digest What Matters To Site Visitors Paglia
Auto Digest What Matters To Site Visitors Paglia
 
What Matters Most To Car Dealer Web Site Visitors By Ralph Paglia Auto Digest
What Matters Most To Car Dealer Web Site Visitors By Ralph Paglia Auto DigestWhat Matters Most To Car Dealer Web Site Visitors By Ralph Paglia Auto Digest
What Matters Most To Car Dealer Web Site Visitors By Ralph Paglia Auto Digest
 
Insights Gleaned
Insights GleanedInsights Gleaned
Insights Gleaned
 
Jd Power Internet Roundtable Summary Report
Jd Power Internet Roundtable Summary ReportJd Power Internet Roundtable Summary Report
Jd Power Internet Roundtable Summary Report
 
2007CobalteBusStudy copy
2007CobalteBusStudy copy2007CobalteBusStudy copy
2007CobalteBusStudy copy
 
Role of the Internet in Vehicle Purchase Process. Report By Polk/Autotrader F...
Role of the Internet in Vehicle Purchase Process. Report By Polk/Autotrader F...Role of the Internet in Vehicle Purchase Process. Report By Polk/Autotrader F...
Role of the Internet in Vehicle Purchase Process. Report By Polk/Autotrader F...
 
Optimizing Paid Search
Optimizing Paid SearchOptimizing Paid Search
Optimizing Paid Search
 
Optimizing Paid Search Advertising Used Vehicles
Optimizing Paid Search Advertising Used VehiclesOptimizing Paid Search Advertising Used Vehicles
Optimizing Paid Search Advertising Used Vehicles
 
Cost Effective Reach In Market Car Buyers By Value Click
Cost Effective Reach In Market Car Buyers By Value ClickCost Effective Reach In Market Car Buyers By Value Click
Cost Effective Reach In Market Car Buyers By Value Click
 
Cost Effectively Reaching The In Market Auto Buyer1
Cost Effectively Reaching The In Market Auto Buyer1Cost Effectively Reaching The In Market Auto Buyer1
Cost Effectively Reaching The In Market Auto Buyer1
 
Cost Effective Reach In Market Car Buyers By Value Click
Cost  Effective  Reach  In  Market  Car  Buyers By  Value ClickCost  Effective  Reach  In  Market  Car  Buyers By  Value Click
Cost Effective Reach In Market Car Buyers By Value Click
 
Cost Effectively Reaching The In Market Auto Buyer
Cost Effectively Reaching The In Market Auto BuyerCost Effectively Reaching The In Market Auto Buyer
Cost Effectively Reaching The In Market Auto Buyer
 
Cost Effective Reach In Market Car Buyers By Value Click
Cost Effective Reach In Market Car Buyers By Value ClickCost Effective Reach In Market Car Buyers By Value Click
Cost Effective Reach In Market Car Buyers By Value Click
 
Automotive Digital Advertising Strategy Workshop for Kenny Ross Auto Group
Automotive Digital Advertising Strategy Workshop for Kenny Ross Auto GroupAutomotive Digital Advertising Strategy Workshop for Kenny Ross Auto Group
Automotive Digital Advertising Strategy Workshop for Kenny Ross Auto Group
 
Digital dealeroctober2008 d-addefinemetrics-v1
Digital dealeroctober2008 d-addefinemetrics-v1Digital dealeroctober2008 d-addefinemetrics-v1
Digital dealeroctober2008 d-addefinemetrics-v1
 
Achats B2B : l'étude d'Accenture (2014)
Achats B2B : l'étude d'Accenture (2014)Achats B2B : l'étude d'Accenture (2014)
Achats B2B : l'étude d'Accenture (2014)
 
Accenture b2 b-procurement-study 2014
Accenture b2 b-procurement-study 2014Accenture b2 b-procurement-study 2014
Accenture b2 b-procurement-study 2014
 
Automotive Digital Advertising Facts and Charts
Automotive Digital Advertising Facts and ChartsAutomotive Digital Advertising Facts and Charts
Automotive Digital Advertising Facts and Charts
 

More from Automotive Digital Marketing Professional Community

More from Automotive Digital Marketing Professional Community (20)

True car changes to become dealer friendly v2
True car changes to become dealer friendly v2True car changes to become dealer friendly v2
True car changes to become dealer friendly v2
 
AutoCon 2012 brochure as of 8 26-2012
AutoCon 2012 brochure as of 8 26-2012AutoCon 2012 brochure as of 8 26-2012
AutoCon 2012 brochure as of 8 26-2012
 
10 key true car changes january to april 2012
10 key true car changes   january to april 201210 key true car changes   january to april 2012
10 key true car changes january to april 2012
 
Ralph paglia is president of automotive media partners
Ralph paglia is president of automotive media partnersRalph paglia is president of automotive media partners
Ralph paglia is president of automotive media partners
 
True car announced as title sponsor of autocon 2012
True car announced as title sponsor of autocon 2012True car announced as title sponsor of autocon 2012
True car announced as title sponsor of autocon 2012
 
Ncm benchmarking for success workshop added to auto con 2012
Ncm benchmarking for success workshop added to auto con 2012Ncm benchmarking for success workshop added to auto con 2012
Ncm benchmarking for success workshop added to auto con 2012
 
Car dealers guide to automotive social media
Car dealers guide to automotive social mediaCar dealers guide to automotive social media
Car dealers guide to automotive social media
 
Social Media Assessment Workbook
Social Media Assessment WorkbookSocial Media Assessment Workbook
Social Media Assessment Workbook
 
Auto Dealership Websites - One Is Not Enough!
Auto Dealership Websites - One Is Not Enough!Auto Dealership Websites - One Is Not Enough!
Auto Dealership Websites - One Is Not Enough!
 
Advertising Campaign Management Mandate
Advertising Campaign Management MandateAdvertising Campaign Management Mandate
Advertising Campaign Management Mandate
 
Automotive Social Media Basics
Automotive Social Media BasicsAutomotive Social Media Basics
Automotive Social Media Basics
 
Prevalence of Deception in Online Customer Reviews
Prevalence of Deception in Online Customer ReviewsPrevalence of Deception in Online Customer Reviews
Prevalence of Deception in Online Customer Reviews
 
Google: Spotting Fake Reviewer Groups
Google: Spotting Fake Reviewer GroupsGoogle: Spotting Fake Reviewer Groups
Google: Spotting Fake Reviewer Groups
 
TK Carsites: Dealers Guide to Automotive Social Media
TK Carsites: Dealers Guide to Automotive Social MediaTK Carsites: Dealers Guide to Automotive Social Media
TK Carsites: Dealers Guide to Automotive Social Media
 
eMarketer: Top Digital Trends in 2012
eMarketer: Top Digital Trends in 2012eMarketer: Top Digital Trends in 2012
eMarketer: Top Digital Trends in 2012
 
Facebook Marketing: Social Pages eBook
Facebook Marketing: Social Pages eBookFacebook Marketing: Social Pages eBook
Facebook Marketing: Social Pages eBook
 
YouTube: Reaching Auto Enthusiasts
YouTube: Reaching Auto EnthusiastsYouTube: Reaching Auto Enthusiasts
YouTube: Reaching Auto Enthusiasts
 
Google Mobile Marketing Playbook
Google Mobile Marketing PlaybookGoogle Mobile Marketing Playbook
Google Mobile Marketing Playbook
 
AutoConnections Conference and Exposition Brochure
AutoConnections Conference and Exposition BrochureAutoConnections Conference and Exposition Brochure
AutoConnections Conference and Exposition Brochure
 
Lon safko bio
Lon safko bioLon safko bio
Lon safko bio
 

What matters to dealership web site visitors v3

  • 1. What Do Actual Visitors To Dealership Web Sites Have To Say? By Ralph Paglia Since starting my role at ADP Dealer Services about a year ago, I have been contacted by several people who worked with me in the past. I worked with Rudy Martin at Reynolds and Reynolds and he is now vice president of The Intellimark Group, which supplies a variety of products and services to dealerships throughout North America. Rudy contacted me about a survey Intellimark had aggregated from data collected in over 5,000 completed questionnaires submitted by dealer web site visitors. These were consumers who had visited the web sites of dealerships served by Rudy’s company, Intellimark Group. After discussing the aggregated survey results, Rudy agreed to collaborate with me on this article to explore insights gained. Let’s take a look at some of the charts and graphs which show the aggregated survey answers from over 5,000 dealer web site visitors… One of the more interesting results comes from when dealer web site visitors were asked how soon they would be buying their next vehicle. Their responses to the “how soon” question is shown in chart #1 below: Chart #1: IN-MARKET VEHICLE PURCHASE TIMING DEALER WEB SITE VISITORS - ALL CUSTOMER SEGMENTS 45.0% 41.1% 40.0% 67% OF ALL SURVEYS INDICATED A PLANNED PURCHASE WITHIN 90 DAYS. 62% OF THOSE PLANNED TO PURCHASE WITHIN 30 DAYS. 35.0% 30.0% 25.0% 17.4% 20.0% 15.3% 15.8% 15.0% 10.4% 10.0% 5.0% 0.0% Within 30 days Within 60 days Within 90 days Within 3 - 6 months Within 6 - 12 months For Internet Sales Specialists and Managers who have been working with a mix of dealer web site generated leads and leads from other sources, this comes as no surprise. The Survey data validates the experience of most dealerships in finding that Internet leads coming in from their own web sites result in vehicle sales at a far higher rate than Internet leads from 3rd party lead producers and aggregators. If you are like me, when a customer says they will be buying a vehicle in the near future, one of the first things you want to know if there is a trade-in involved. In trying not to be overly transparent as to your concern over the customer’s trade-in situation, you might ask the question in this type of format: “Will you be replacing a vehicle, or adding another vehicle to what you currently own?” The dealer
  • 2. web site visitors who answered the “how soon” question responded to the replacement or trade-in question as shown in the next illustration, which is chart #2: Chart #2: VEHICLE REPLACEMENT OR ACQUISITION PURCHASE DRIVERS Undecided 11% Additional 22% Replacement 67% What the above chart goes to show is that visitors to dealership web sites who are in the market for a vehicle are highly likely (67%) to be interested in the value of the vehicle they are replacing as a trade- in. Although some of these people may intend to sell or otherwise dispose of their current vehicle, there would still be a desire to see an estimated value. This helps to prove the value proposition of the industry’s two leading dealer web site trade-in evaluation tools, Kelley Blue Book’s LeadDriver and Black Book Online. So… What are these wonderful dealer web site sales prospects considering for their next vehicle purchase? Aggregating the surveys shows that almost half of them say (before they buy) that they are interested in a new vehicle. However, of the 51% that did not indicate an interest in a new vehicle, 16% of them are undecided, or what I like to describe as “open minded”. Their actual purchase will be based upon situational opportunity factors including price and availability. Chart #3 is shown below and shows dealer web site visitor responses to the question about what type of vehicle they plan to buy next:
  • 3. Chart #3: VEHICLE PURCHASE INTEREST Undecided Certified Pre-Owned 16% 19% Pre-Owned 16% New 49% With over 35% of dealer web site visitors saying that they intend to buy a pre-owned vehicle as their next purchase, and 51% stating right up front that they are not interested in a new vehicle for their next purchase, it makes sense to consider putting an emphasis on used vehicle specials as featured content on dealership web sites. With so much emphasis and effort being made on competing in the hyper- competitive new vehicle sales arena, this data suggests that an equal amount of effort in using dealer web sites to promote used vehicles may yield a higher return. With used vehicles being somewhat more unique, and less of a commodity than new vehicles, the argument for featuring and promoting used vehicles on dealer web sites gets even stronger when reviewing the survey data. Despite the software based tracking metrics that most digital marketing professionals use, it is interesting to see what answers you get when simply asking dealer web site visitors how they found the dealer’s web site. The answers received on the surveys show a different makeup than what we usually see when looking at Omniture SiteCatalyst or WebTrends reports for dealer web site visitors. Take a look at chart #4 below and consider the differences between what “stimulated” a consumer’s search for a dealer’s web site and the technology they chose to get there:
  • 4. Chart #4: SOURCE OF DEALER WEB SITE VISITORS SURVEY RESPONDENTS - ALL CUSTOMER SEGMENTS Direct Mail eBay Motors 2% 1% Friend/Neighbor Current Customer 10% 17% Google or other search engine TV/Cable 14% 13% Manufacturer Website 13% Other 16% Radio 7% Newspaper Advertisement 6% The dealer web site visitor responses aggregated into chart #4 shows there is a very real opportunity to drive more traffic into dealership web sites using integrated marketing campaigns. Integrated Marketing campaigns are those that include both conventional media and online digital marketing. Despite the current situation of few dealers focusing on using advertising to specifically drive customers to their web sites, 44% of the Intellimark Surveyed dealer web site visitors indicated they got there as a result of dealership advertising in non-digital conventional media sources such as TV, Radio, Newspaper and direct mail. What is glaring to me is the low percentage (14%) of dealership web site visitors who got there using search engines… These results indicate there are significant areas of opportunity for dealer web site traffic growth using Search Engine Marketing (SEM) and Digital Advertising Campaigns. When we break down the aggregated data from these Surveys within categories of those who say they intend to get a new vehicle, versus those who intend to get a used vehicle, or are undecided (open minded), we get a clearer picture of what is important to each type. For example, among those that indicated they intend to buy a used vehicle, or are open minded about their next vehicle purchase, we wanted to see what vehicle type they were most likely to consider. Understanding buyer intentions helps to guide us on what to feature in our online specials and when we advertise on other web sites to attract more traffic. In chart #5, we see that almost 40% were looking for passenger cars… And, over 40% were looking for SUV and Sport or Specialty vehicles. I was surprised to see that only 7.9% of the used car buyers were looking for pickup trucks. Chart #5 is shown below:
  • 5. Chart #5: VEHICLE OF INTEREST (PRE-OWNED & UNDECIDED) 39.8% 40.0% Purchase interest in light-duty trucks (Pickups, SUVs & Minivans) was nearly 35.0% equal to that of passenger cars. 30.0% 28.5% 25.0% 20.0% 15.0% 12.1% 10.0% 7.9% 6.8% 5.0% 2.8% 1.6% 0.5% 0.0% Commercial Light Duty Luxury Mini Van Passenger Car Passenger Sport or SUV Vehicle Truck Van Speciality The high interest in used passenger cars shown in chart #5 may have been influenced by the last 3 years of sustained high gas prices. Used vehicle demand may be a leading indicator of what will sell on the new car lot. This survey result also shows why the domestic auto industry’s continued emphasis on trucks and SUV’s is not generating the level of interest we experienced prior to 2005. So, what is most important to these used car buyers visiting dealer web sites? The aggregated survey results from over 5,000 visitors to dealership web sites shows that price and payment is still king with pre-owned buyers. With fuel economy rising to third place in importance and overtaking the previous perennial favorite, vehicle safety. In chart #6, we see what the dealer web site visitor who is either undecided on new versus used, or wants a used vehicle, says are the most important decision criteria used to determine the actual vehicle they will end up buying:
  • 6. Chart #6: VEHICLE PURCHASE DECISION "HOT BUTTONS" (PRE-OWNED & UNDECIDED) 40.0% 38.4% Inspite of the high cost of gas, Fuel Economy placed a distant 3rd to monthly payment and total selling price with the Pre-owned and 35.0% Undecided segments. 30.0% 28.3% 25.0% 20.0% 14.4% 15.0% 10.0% 6.5% 5.0% 5.0% 3.9% 2.8% 0.8% 0.0% Fuel Economy Immediate Monthly Other Total Selling Trade-In Value Vehicle Styling Vehicle Availability Payment Price Warranty In Chart #6 we see that the most effective advertising may be that which features monthly payments, followed by selling price… I know, very few of you are surprised. So, why do we continue to place advertisements intended to drive traffic to dealer web sites that do not feature payments, price or even fuel economy? I was guilty of thinking availability was a key factor, as in the outdoor advertisement shown in the image below:
  • 7. Looking at the results of these Intellimark Surveys, it is no longer a mystery why the ad shown below seemed to drive so many more web site visitors and phone calls than the “Largest Inventory” advertising campaigns: These considerations, what to advertise and which message will get the most attention are the questions best answered by surveys such as what Intellimark Group has put together. After all, if the message doesn’t hit the car shopper’s hot spots, then it won’t get their attention amidst all the media clutter that is out there today. Which brings me to another interesting insight from this survey research… What are the most significant factors in deciding what type of vehicle to buy and when to pull the trigger? Of course, this is based on what car shoppers say is important… Anyone who has sold cars long enough will tell you that how buyers act is often different than what they say. Still, there is a lot of value in studying what car shoppers believe are the reasons they will decide on a particular vehicle or deal. With that said, there are a lot of differences in what motivates vehicle buyers depending on the vehicle type they are considering. So let’s take a look at chart #7 which shows the considerations that dealer web site visitors reported when asked what factors would determine what, where and when they would make their next vehicle purchase. These responses were aggregated and then segmented by the specific vehicle types the buyers said they were looking for. Chart #7 breaks down vehicle purchase consideration factors by type of vehicle the dealer web site visitor reported as being their primary vehicle of interest:
  • 8. Chart #7: Vehicle Purchase Consideration Factors 100% 0.0% 0.0% 1.4% 0.0% 0.0% 0.3% 0.8% 1.8% 3.7% 3.1% 9.1% 7.6% 4.1% Vehicle 10.0% 3.7% 4.9% Warranty 90% 5.0% 10.4% 6.1% 25.0% Vehicle 80% 25.7% Styling 33.3% 13.1% 50.0% 0.0% 24.4% 70% 37.1% 31.8% Trade-In 5.9% Value 2.9% 25.0% 60% 10.9% Total Selling 7.4% Price 3.0% 50% 7.1% 7.1% Other 40.8% 46.2% 40% 31.8% 35.3% Monthly 30% 30.0% 44.4% Payment 28.6% 50.0% 1.8% 20% Immediate 5.0% Availability 4.5% 2.5% 0.0% 5.7% 20.5% 10% 14.3% 13.6% 13.4% 13.6% Fuel 8.6% 3.7% Economy 3.7% 0% 0.0% Commercial Light Duty Luxury Mini Van Passenger Passenger Sport or SUV Vehicle Truck Car Van Speciality It is interesting to note that once again, monthly payments and vehicle selling price are the two most important criteria. Fuel economy is more significant than at any time since the Arab Oil Embargoes of a generation ago, especially for passenger car and commercial vehicle buyers. Surprising to me, coming from a vehicle sales background, is the low level of importance placed on vehicle styling. Of course, once again I would like to remind readers that these are what car shoppers “say” is most important and how they actually end up buying may or may not correlate to what they said before they make their purchase… But, this still shows us what these visitors to dealer web sites report as being most important and what will get their attention more effectively than ads or specials focused on other criteria. One of the many factors to consider when looking at these survey results is that these are shoppers who are very deep into the sales process funnel. As indicated in chart #1, these are people who will be buying a vehicle fairly soon and may have already gone through the process of determining what type of vehicle they will be getting next. For these reasons, the degree of importance placed on price and payments may be far more significant than people further away from their next vehicle purchase, who have not yet determined the type, make or model they are most interested in. After all, when interviewing people who have already found your dealership’s web site, how likely would it be that they have already decided on a make and model and are now looking for the right deal, salesperson, convenience and financing terms? The results of this Intellimark Survey of dealership web site visitors may not be too surprising to many people, but they do confirm that most dealerships are better served by generating more visitors to their store’s web sites. When considering the ways we can most effectively drive traffic to dealership web sites, it is highly logical to look at what consumers who have already visited dealer web sites find most important to them… Then we can use those most important criteria as a means of deciding what is most likely to
  • 9. work in trying to get more of an already good thing; the car shoppers that visit our dealership’s web sites. These aggregated survey results are all the more significant because of the sheer size of the sample… 5,000 dealer web site visitors is highly significant from a statistical perspective. There are many ways to interpret and act upon these results, but one plan of action should be strikingly clear. The use of integrated marketing campaigns that use a mixed blend of media such as TV, Radio, Outdoor, geotargeted search engine and display advertising on web sites… This is what works in driving the most valuable leads we can generate. The leads and phone calls coming from visitors to our own dealership web sites. Editor’s notes: Ralph Paglia is the Director of Digital Marketing for ADP Dealer Services and can be reached by email at ralph_paglia@adp.com or by phone at 505-301-6369. Rudy Martin is Vice President and General Manager of the Intellimark Group, a division of Rocket City Automotive Group, Inc. and can be reached by email at rmartin@imarkpro.com or by phone at 407-219-3636.