Wednesday, February 25, 2009
Why I do it...better yet, why do you?
Tuesday, February 24, 2009
Top Ten Reasons to Continue Advertising in 2009
Friday, February 20, 2009
5 Reasons Direct Mail is SCARY!
2. Most mail company's don't work on year long contracts like radio & TV, so it has to be a conscious decision every month to do it.
Radio & TV Stations make it very easy to continue doing what you've been doing. It becomes mindless and easy to just continue with a program you signed up for 6 mos earlier. Set up something with your mail rep or company. Commit to using them as your sole provider and work together to come up with a flexible program. It's just as easy to get on a schedule with a mail professional as any other advertising pro. And you can bet your mail results will be more consistent and it will be a lot easier to set up your regular events.
3. Typically it causes work. More people in the door, gift getters, bad credit, etc etc. Some dealers and sales people just don't like to deal with it.
Like I said in my intro, mail isn't for every dealer. You do need a talented sales team that is hungry to get out there and get to work. There will be bad credit. There will be "gray hairs" coming in for the free gifts. Especially if you're looking for a big event with a lot of traffic. However, there will be buyers that didn't intend to be when they walked in, there will be good credit, there will be OPPORTUNITY. If the sales staff can't see this then mail is probably a drain on your ad budget. If you can't see this then you could be the reason your team has blinders on as well.
4. Dealers see it as a "shot in the arm" and not sustainable traffic.
This can be 100% true...if it's allowed to be. Without a good pulse on how often you are mailing to the same people, what messages are working and what aren't, and some kind of a plan or continuity to your mail these "one and done" deals will likely be your result. If you have a good mail provider STICK WITH THEM! I'm not just talking about me here, there are a lot of good companies out there. If you switch monthly from place to place--looking for a penny off here, or a free gift card to take your wife to dinner you are completely missing the boat with mail. Sticking in one spot allows that professional to develop a plan for where your mail hits, making sure you don't overuse or under utilize messages, and if you do work with Tri-Auto we can start working on zeroing in on the specific zips that work well for you. Loyalty isn't just a warm and fuzzy feeling in this business--it's imperative to your success.
5. You don't usually see the owner or general manager's face on a direct mail piece.
OK most of you read somewhat regularly (yes I can see how many times the same computers are logging on--I just can't see who you are--darn it!), and you know I'm not trying to tick anyone off here. But really...honestly, are the TV commercials we see about selling cars, or iare some of thems--about the Owner/General Manager/Car God getting to be a local celebrity? On mail these guys can't be the center of attention (well I've had some try I guess-but it's harder), the store & the offers to buy take center stage. If you want to be famous, I'm sure Real World is casting go check it out--if you want to sell cars make all your advertising about selling cars.*
*Disclaimer-Having a public face of the company that appears in commercials & advertising is not a bad thing. Having a public face that does it solely to be recognized at the mall is.
Tuesday, February 17, 2009
Salesperson Quiz
Monday, February 16, 2009
Automotive Direct Mail-The Afterthought
- It's trackable-extremely trackable. You know if it works and you know if it doesn't.
- Most mail company's don't work on year long contracts like radio & TV, so it has to be a conscious decision every month to do it.
- Typically it causes work. More people in the door, gift getters, bad credit, etc etc. Some dealers and sales people just don't like to deal with it.
- Dealers see it as a "shot in the arm" and not sustainable traffic.
- You don't usually see the owner or general manager's face on a direct mail piece.
These seem to be the reasons that Mail becomes a luxury reserved for only the best months, or a life saver thrown out to help rescue those that are drowning. But what if mail could become part of your monthly plan? What if you could sit down and plan it out by quarter so you aren't hammering the same people over and over until they stop responding? Just think-it could be a shot in the arm every month!
This week I'll post on tracking all your advertising-and reallocating to what's working, and you may even get a post on debunking the Top 5 above. Stay tuned!
PS: Yes, in regards to #5, I said it! I'm a fan of personalizing your dealership and sales people-however, I don't think personal ego has a place in dealership marketing.
Wednesday, February 11, 2009
Automotive Event Sale Tips #3
- Calculate your traffic. This should be true of any advertising. If your ran your process during the sale, you should know what media brought in each person. MarketVision will do this for you on the mail--but if you ran TV or Radio spots, or some print to support the mailer hopefully those ups were tracked via registration forms & you can see what kind of traffic each media produced.
- Calculate your ROI. If given access to your database, we can take a look at your recent sales and compare them to your sale data quickly to see how many units you sold off the mailer. I can even help you take a look at the other media outlets as well, or it's easy to do this on your own if you've kept good track of the traffic.
- Do your homework for next time. Now that you have your traffic and ROI calculated, figure out what worked and what didn't. Just imagine if every dealership did this every month for all their advertising. Naturally they'd quit doing what wasn't working, and invest more in what was--and be able to keep improving the ROI of their marketing. Right now, while this sale is fresh in your mind start thinking about what you'd do different next time.
- Follow up, Follow up, Follow up! You just had a lot of new traffic to your store. Why not add them to your database so they'll receive future emails & mailers from you? Many dealers also put together final lead lists and pass them out to their sales team. Have a contest to see who can close the most residual business off the event. Make the most out of your initial investment--these are YOUR leads--you paid for them!
- Be on the look out for come backs. The week after every MarketVision sale we send out follow up letters to every person that came in during the event. Be on the look out for these letters to pop up the week after the sale.
Monday, February 9, 2009
Automotive Event Sale Tips #2
- Follow your process. Whatever that means to you. Whether it is making sure each customer is registered via MarketVision, or it is having the sales people fill out up forms for every person before taking them to the prize board. Making sure all customers have the same great, uniformed experience is so important--and you are sure you're doing all the tracking needed to have successful future events.
- Keep up with the leads. With credit websites, personal websites, phone call logs and MarketVision real time reporting there are up to four different ways for you to be collecting and following up on leads. Many dealers print everything off in the evenings and hand them out to the sales people the following day for follow up if there are down times. Be sure to check out the best ways to follow up with people from each lead source.
- Take the time to train. Heard something you didn't like on the recorded call ins? Notice on your MarketVision report that Sally Saleslady had talked to 24 ups and hasn't moved a unit? Use these concrete examples to help nudge along sales people that have some room to grow.
- Call if you sense something is wrong. Especially with mail delivery. We're on the phone with your local post offices before and during your event. If you feel one market isn't responding or something is off--call sooner rather than later!
- Keep stock of your gifts/premiums. If you are giving something away and realize your supply is dwindling, be sure to call by noon the day prior to order additional gifts. If it's too late we can also provide rain checks so customers don't feel let down.
- Keep the energy UP! Use games, spiffs, and contests to keep the morale up to handle the carnival atmosphere that typically is involved with an event sale.
- And finally, communicate. If you have questions, are having trouble logging in or working the MarketVision kiosk, or really anything at all please call me or Katy so we can help you through it.
Friday, February 6, 2009
Automotive Event Sale Tips #1
- Rearrange the lot. Put your price leaders up front on the road--make sure the showroom is looking good!
- Double check that you received your Ultimate Prep Pack (if it's missing check the service department-it's a brown box with white and green tape that says "event material enclosed")
- Balloon & Hang tag your cars. Hang up all the banners, around the lot and balloon up the cars. Get a sky buster or two - make sure everyone that drives by knows something big is going on.
- Make sure your MarketVision kiosk has arrived. Find a central location in the dealership to get it plugged in and set up.
- Have a meeting with your sales team & reception desk staff. Let each sales person try out the kiosk with one of the sample mailers provided.
- Go over basic phone training so that everyone knows what to say regarding the sale and how to answer questions.
- Test your log in with the Tri Auto website. Make sure you can log in to see the MarketVision data as the sale is happening and to be able to get credit leads over the weekend and after business hours.
- And finally hire this guy to fly over in his balloon and park it on your roof for a few days :)
What else do all of you do to get your dealership ready for a big event? Comments?