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AutoSuccess Best Practices Summit V
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The KEY to success is know-how.
“Sharing Ideas of the BEST”
November 7, 2006
Best Practices
Summit V
An ADP Company
The KEY to success is know-how.
Erik StuttzExecutive Vice President
Bob Librizzi Executive Vice President Sales
An ADP Company
The KEY to success is know-how.What do they have in Common?
The KEY to success is know-how.
Why are they SUCCESSFUL?
Let’s share “Best Practice”
The KEY to success is know-how.
An ADP Company
The KEY to success is know-how.Why are they SUCCESSFUL?
Complete Plan:• Holistic Strategy (7 Profit Opportunities)
• People• Process• ToolsThey begin with the end in mind…
The Automotive…“State of the Union”
The KEY to success is know-how.They follow these 5 Key Metrics daily!
1. Unique visitor count (Marketing/SEM)2. Conversion Rate (Website)3. Appointments Set (Process)4. Appointments Show (Process)5. Appointments Sold (Process) Measure Cost per vehicle sold!
Great Website (Technology)
+Great People & Process GREAT RESULTS!
The KEY to success is know-how.Why are they SUCCESSFUL?
Like an air traffic controller trying to land planes, a dealership requires flawless execution to sell, service and satisfy more customers profitably…
Plainly these dealers understand that it takes leadership buy-in, right people, process, and great technology to produce measurable results…
The KEY to success is know-how.They follow these 5 Key Metrics daily!
1.Unique visitor count (Marketing/SEM)
2. Conversion Rate (Website)3. Appointments Set (Process)4. Appointments Show (Process)5. Appointments Sold (Process) Measure Cost per vehicle sold!
Great Website (Technology)
+Great People & Process GREAT RESULTS!
The KEY to success is know-how.Internet MARKETING Action Plan
Creating a detailed Marketing Action Plan that drives customers directly to the dealerships website.
Branding their URL EVERYWHERE! SEM - Tier 1 – 2 – 3 Marketing Collection of emails from customer base
at every touch point within the dealership for future email campaign marketing.
SEO and SEM the…“21st Century Yellow Pages”!!!
The KEY to success is know-how.
Bob Librizzi Novemeber 7, 2006
BZ Results…Search Engine Marketing.
Metric #1. Internet MARKETING Plan
The KEY to success is know-how.How Customers Find
Dealerships Online?
Auto Buyers
Dealership Dealer
Website
3rd Party Website
OEM Website
* JD Power 2005 New Autoshopper Study.**JD Power 2005 New Autoshopper Study***Yahoo! Complete 2005 Auto Study.
The KEY to success is know-how.The Search LandscapeQ: WHERE DO CUTOMERS GET INFORMATION?
A: OVER 75% OF BUYERS USE A SEARCH ENGINE
The KEY to success is know-how. Consumer Search Trends
23%23%
26%32%33%35%
47%47%
61%
0% 10% 20% 30% 40% 50% 60% 70%
Internet
Family & Friends
Manufacturer - Specific Dealer
Specialist Press
Independent Car Evaluations
Print Advertising
Non-Specialist Press
Used Car Dealer
TV Ads
89% of new-vehicle buyers use a search engine or portal at some point in their research, and 94% of used-vehicle buyers do so. J. D. Powers and Assoc.
Source: Capgemini, June, 2005, N = 2,700 in-market consumers across five countries
The KEY to success is know-how.
Advertising Breakdown by Industry, May and June 2006
Industry Total Impressions June 2006(M)
Total Impressions May 2006(M)
Change From Previous Month (%)
Automotive 4,406.4 3,256.5 35.31Business-to-business 5,108.0 7,020.9 -27.25
Consumer goods 7,391.9 6,996.8 5.65
Entertainment 4,095.7 3,462.1 18.30
Financial services 50,220.7 59,465.8 -15.55
Hardware and electronics
7,753.7 5,968.2 29.92
Health 4,044.7 4,619.0 -12.43
Public services 13,969.2 15,156.3 -7.83
Retail goods and services
44,087.4 43,195.7 2.06
Software 3,063.9 2,952.8 3.76
Telecommunications 35,776.1 32,276.0 10.84
Travel 8,581.0 9,907.1 -13.39
Web media 49,313.4 45,111.2 9.32
Source: Nielsen//NetRatings, 2006
Explosive Growth
The KEY to success is know-how.Organic Search Marketing
SEO is the process of modifying a Web site and its links to improve visibility, rank, and relevance in the organic, crawler-based listings of search engines.
Placement:
• can take up to 6 weeks
• unpredictable
Advantages:
• free
• unbiased
• higher click through rate
• perception of trust by
searcher
What is Search Engine Optimization?
Influenced by 100’s of factors:• coding• links• content
Placement Factors: Content relevance, frequency of keywords in content, keywords selected, popularity of keywords selected, reciprocal links from reputable content sources
The KEY to success is know-how.Organic: Free Listings
Also called editorial, natural or organic listings
The KEY to success is know-how.Paid Search Marketing
Sponsored listings are placed on search results matching a user’s query. Advertisers pay for each click / visitor generated.
What is Paid Search Marketing?
Cost Per Click Influenced by:• Bid• Click-Through-Rate• Quality Score – including copy, landing page, key terms
Advantages:
• Measurable
• Predictable
• Immediate
• Highly targeted
• Control – ranking, copy, budget, landing page
The KEY to success is know-how.Pay Per Click
The KEY to success is know-how.Search Page Display
Organ
ic S
earc
h Res
ults
Paid Search Results
Paid
Searc
h R
esu
lts
• Greater trust
• Perceived value by consumer
• Better integration
• Controls dealers spend
• Best value and results
•Dealership presence in organic and paid listings reinforce each other:
The KEY to success is know-how.
Optimization Activities Are Critical…
Source: Did-it and Enquiro Eye Tracking Study (March 2005)
Google’s Golden Triangle
100% of searchers focused on the top listings… paid and organic
The KEY to success is know-how.
Go Deep: Expand Keyword Lists
Expand core terms National Search Campaigns
• 1000’s of search terms with Geo-Modifiers
Regional Search Campaigns• Target users by
geographic location New Products and services Comparative
• Ford vs. Chevrolet• Competitor terms
The KEY to success is know-how.Custom Sites - Increase Conversion
Micro-site
• Rapid Deployment
• Match Different Buyers
• Upsell Potential
• Increase Conversion
• Strong Call to Action
• Dynamic Text
• Dynamic Image
The KEY to success is know-how.Geo Targeting Tier: 1 – 2 - 3
Targeting specific states or regions is a highly successful tactic to limit cost and increase ROI by targeting the biggest “feeder” regions for your school.
Google offers zip code or city targeting and Yahoo and MSN’s targeting capabilities are dramatically improving.
Including geo modified keywords are essential for campaign success, i.e. “Honda CRV in Vancouver”
The KEY to success is know-how.Red Mc Combs Case Study
Search Engine Marketing helps
2005 eDealer of the Year
Red McCombs Automotive has had its best
year ever! A premier Dealership in Texas,
family owned and operated with multiple
locations and over 300 employees, Red
McCombs Automotive has increased results
by more than 400 percent in the last two
years. Here is the trail that led Red
McCombs Automotive to success as the
2005 Ford Internet Dealer of the Year
“We found that only 35 percent of our customers
were looking at the newspaper before buying a
car with us”
Tony Rimas-Red McCombs
The KEY to success is know-how.Red Mc Combs Case Study
The KEY to success is know-how.They follow these 5 Key Metrics daily!
1. Unique visitor count (Marketing/SEM)
2.Conversion Rate (Website)3. Appointments Set (People & Process)4. Appointments Show (People & Process)5. Appointments Sold (People & Process) Measure Cost per vehicle sold!
Great Website (Technology)
+Great People & Process GREAT RESULTS!
The KEY to success is know-how. Metric #2. Interactive website
Easy to navigate…less is better! Never qualify your customer out of stock! Facts: 86% of customers buy a different vehicle than
planned for. – NADA 88 SUV’s in today's market
Right pricing strategy! Encourages customers to engage…
The KEY to success is know-how.Why are they SUCCESSFUL?
Metrics #3-5. People/Process In addition to a well defined
Strategy and Best in Class Technology Tools, their focus remains clearly on People and Process…
Implementation of a…
Customer
Relationship CRC
Center
The KEY to success is know-how.
How a CRC works…
And why even consider having
one…
The KEY to success is know-how.
An ADP Company
The KEY to success is know-how.
The KEY to success is know-how.
The KEY to success is know-how.
The KEY to success is know-how.
The KEY to success is know-how.
The KEY to success is know-how.
People
CRC Results…• Maximize and support 100% of all INBOUND (Showroom, Phone, Internet
Opportunities) and OUTBOUND (Sold Follow-up, Un-Sold Follow-up, Prospecting, and Service Opportunities) customer traffic.
• Maintains the highest possible level of customer satisfaction.
• Requires an individual with excellent people skills
• Daily interaction with the dealership’s Management Team (Variable & Fixed Operations) and select Sales Associates
The KEY to success is know-how.
CRC Process
After establishing the right: Strategy People Process Place
It’s then time for the implementation of a CRC.
The KEY to success is know-how.CRC Process
Assessment
&
Strategy Workshop
Identify current and desired state
Create a step-by-step action plan
The KEY to success is know-how.
The KEY to success is know-how.CRC Process
Assessment
&
Strategy Workshop
Showroom
Sales
Process
Identify current and desired state
Create a step-by-step action plan
Discover best practices to sell and satisfy more customers profitably
The KEY to success is know-how.
The KEY to success is know-how.CRC Process
Assessment
&
Strategy Workshop
Showroom
Sales
Process
Internet
Sales
Process
Identify current and desired state
Create a step-by-step action plan
Discover best practices to sell and satisfy more customers profitably
Develop a complete eCommerce strategy & processes that promotes all profit centers
The KEY to success is know-how.
The KEY to success is know-how.CRC Process
Assessment
&
Strategy Workshop
Showroom
Sales
Process
Internet
Sales
Process
Phone
Sales
Process
Identify current and desired state
Create a step-by-step action plan
Discover best practices to sell and satisfy more customers profitably
Develop a complete eCommerce strategy & processes that promotes all profit centers
Manage, measure and implement a Phone Sales Process to increase appointments
The KEY to success is know-how.
The KEY to success is know-how.CRC Process
Assessment
&
Strategy Workshop
Showroom
Sales
Process
Internet
Sales
Process
Phone
Sales
Process
Sold &
Unsold
Follow-up
Identify current and desired state
Create a step-by-step action plan
Discover best practices to sell and satisfy more customers profitably
Develop a complete eCommerce strategy & processes that promotes all profit centers
Manage, measure and implement a Phone Sales Process to increase appointments
Capture, record & follow-up unsold prospects
Manage sold customers to increase CSI, referrals & loyalty
The KEY to success is know-how.
The KEY to success is know-how.CRC Process
Assessment
&
Strategy Workshop
Showroom
Sales
Process
Internet
Sales
Process
Phone
Sales
Process
Sold &
Unsold
Follow-up
CIP
Identify current and desired state
Create a step-by-step action plan
Discover best practices to sell and satisfy more customers profitably
Develop a complete eCommerce strategy & processes that promotes all profit centers
Manage, measure and implement a Phone Sales Process to increase appointments
Capture, record & follow-up unsold prospects
Manage sold customers to increase CSI, referrals & loyalty
Measure & manage key metrics to continually improve performance
The KEY to success is know-how.
The KEY to success is know-how.Results from CRC
Higher customer satisfaction Increased productivity Reduced selling time Higher closing ratio Less conflict between Showroom and
Internet Opportunities…no “disconnect”
The KEY to success is know-how.CRC Results
Courtesy Chevrolet cut $1.8 million per year in newspaper advertising and tripled their business
Paragon – additional 214 vehicles in 1 month! Tasca – additional 90+ vehicles per month
with higher CSI
The KEY to success is know-how.
CRC & Digital Marketing & SEM has help these dealer partners sell more vehicles, increase profit and CSI:
• Complete Plan – Strategy, Tools, People and Process
• CRC Processes that turn leads into appointments and sales
• Process & Technology that Gets Results!
The KEY to success is know-how.
The KEY to success is know-how.
Questions?
An ADP Company
The KEY to success is know-how.
For a FREE eCRM Business Plan
Contact: Noreen Johnson
610-644-6448www.bzresults.com
Thank You!
The KEY to success is know-how.