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What’s Old is New AgainOld Tricks for New Dogs
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Welcome!
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We’re on a Mission From God.The most dangerous combination since nitro
and glycerin.
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Ya See, We Have An Understanding
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The Show That Really Hits the Road
• The road less traveled isn’t always the quickest way to get where you’re going
• What’s old is new again The road to a sale that
works for your showroom can help you drive internet appointments
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The Show That Really Hits the Road
1. The proper meet and greet2. Needs analysis3. Selecting the vehicle4. Product pitch and test drive5. Trade-In evaluation6. Ask for the business7. Negotiation and close
Road to the Sale
1. The proper meet and greet2. Needs analysis3. Selecting the vehicle4. Product pitch and test drive5. Trade-In evaluation6. Ask for the appointment7. Make the appointment8. Get the appointment in the door
Online Road to the Sale
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The Show That Really Hits the Road
Today we hope to:• Review how to use the basic Road to a
Sale to reignite your internet process• Explore how some of the tricks and
techniques you’ve used in the past can be optimized for the web shopper
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The Proper Meet & Greet
• Welcome the shopper to your showroom
• Introduce yourself• Understand what brought
the shoppers into your showroom today
Road to the Sale Online Road to the Sale
• Welcome the shopper to your virtual showroom
• Introduce yourself• Understand what brought
the shoppers into your showroom today
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From the Showroom: “Ups System”
• The early bird got the worm
• The order you came in was the order in which you got the customer Fourth salesperson into
the store and there were only 3 customers? Out of luck!
The “Ups System” The Online “Ups System”
• Round Robin-style works but use a CRM• Leads automatically
transferred if not answered promptly
• Gives everyone a shot• Provides best consumer
experience
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They Were Practically Giving Them Away
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Needs Analysis
• Determine their needs• How do they use the
vehicle• Review available vehicles
to consider based on your inventory
Road to the Sale Online Road to the Sale
• Open the inventory• Check the lead to see
what site they’re on• Click n’ call in 10 to
engage them in a live conversation
• Go online with the shopper
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Selecting a Vehicle
• Inventory Lot Walk or pull up their closest match
• What features do you need?
• What options would you like?
• For a new car – show them 3 in-stock vehicles
• For a used car – show them only 1 unit
Road to the Sale Online Road to the Sale
• “Is it this particular car or the nicest one like it?”
• Introduce them to options• For an e-mail lead:
• Used: 2 used, 1 new
• New: 2 new, 1 used
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From the Showroom: “Bait & Switch”
• Advertise your cheapest, bare-bones vehicles at very low cost to lure customers into the dealership
• Once consumer sees the car, you flip them to a nicer (more expensive) option
The “Bait & Switch” Presenting Alternatives
• Answer questions about the vehicle the shoppers is asking for
• Provide options proactively
• Consumers will still switch – be their guide to what’s available
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Product Pitch & Test Drive
• 1st stop – the sticker price• Give a walk-around by
using their needs assessment in the presentation
• Pop the hood• Explore the five senses
during the test drive
Road to the Sale Online Road to the Sale
• Highlight the cars features via e-mail, chat or phone
• Do a personalized video walk-around• Builds credibility• Shows you went the
extra mile
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Trade-In Evaluation
• Ask the customer to take you to their car
• Slowly walk around the vehicle
Road to the Sale
• Ask the shopper if they’ve looked at estimated values online• KBB.com• Cars.com mobile
• Go online with them and discuss the various points of judgement
Online Road to the Sale
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From the Showroom: The Silent Killer
“The Silent Killer”
• Touch every dent, ding and chip as you walk around the car
• Say NOTHING• The consumer will
scramble for explanations, devaluing the car in their own mind
Acknowledging Value
• Visit the website they referenced and talk through your appraisal• Help the shopper
better understand the ratings
• Rating together helps set realistic expectations
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Ask for the Business
• Test Close• “Why don’t we just go
ahead and park this baby in the sold line…”
• “Assuming we come to an agreement with my manager on the figures, are you ready to take it home right now?”
Road to the Sale
• Sell the appointment• Consider “VIP
Internet Service”• Send the vehicle
listing to their phone• Showcase special offers
to create a call to action
Online Road to the Sale
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A Briefcase Full of Blues
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Negotiation & Close
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• Determine their hot button (price/payment/trade)
• Discuss CarFax, Certified vs. not certified
• “How close can you come to this number?”
Road to the Sale
• Make the appointment!• Give them two
alternatives• Offer them a time on
the :10 or the :20• Suggest consumer
print out listing and jot down a couple notes
Online Road to the Sale
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From the Showroom: The Columbo
• When a customer walks away because you can’t agree on numbers, the manager pulls a “Columbo”: one more question to ask
• Sales person might even run out and knock on their window as the shopper is driving away!
The “Columbo” Confirmation is KING
• Keep them on the hook with a confirmation• Use “special limited
time offers”• Confirm via text
message• Consider an e-mail video
confirmation
Hey wait, one more question
…
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Review
1. The proper meet and greet2. Needs analysis3. Selecting the vehicle4. Product pitch and test drive5. Trade-In evaluation6. Ask for the business7. Negotiation and close
Road to the Sale
1. The proper meet and greet2. Needs analysis3. Selecting the vehicle4. Product pitch and test drive5. Trade-In evaluation6. Ask for the appointment7. Make the appointment8. Get the appointment in the door
Online Road to the Sale
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Questions?Thank you!