2021 Dealership Resources: Auto Inventory Challenges

Learn how to adapt to and overcome auto inventory challenges with these tools and resources designed for auto dealers. Explore checklists, guides, and articles to help you acquire more pre-owned inventory and find the right buyers for the vehicles you have on your lot.

  • Dealership Cheat Sheet: 5-Steps to Marketing with Low or No Inventory

    Dealership Cheat Sheet: 5-Steps to Marketing with Low or No Inventory

    Dealers may experience low or no inventory through 2022. Use this valuable guide to find opportunity in 5 steps: plan, acquire inventory, sell pre-orders, work the service drive, and retain customers.

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  • Dealership Guide: Customer Communication Amid Inventory Shortages

    Dealership Guide: Customer Communication Amid Inventory Shortages

    Looking to overcome inventory challenges? Acquire more inventory, engage loyal customers, and drive more traffic to your service drive using the power of data through automotiveMastermind.

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  • 3 Ways Marketing Automation Can Help Dealers Overcome Challenges

    3 Ways Marketing Automation Can Help Dealers Overcome Challenges

    Learn how dealers can leverage marketing automation tools and technology to overcome inventory challenges, acquire pre-owned vehicles and sell more cars.

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  • Why Dealers Need to Keep Marketing – Even with Low or No Inventory

    Why Dealers Need to Keep Marketing – Even with Low or No Inventory

    Explore why auto dealers need to keep marketing amid inventory shortages and learn how dealerships can continue marketing even with no or low inventory.

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  • 12-Point Planning Checklist for 2022 Inventory Shortages

    12-Point Planning Checklist for 2022 Inventory Shortages

    With market changes and rising demand, 2022 promises to have dealership inventory challenges. Read automotiveMastermind’s 12-Point checklist to proactively acquire and sell vehicles in the year ahead.

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  • 4 Ways for Auto Dealers to Stay Ahead of 2022 Inventory Challenges

    4 Ways for Auto Dealers to Stay Ahead of 2022 Inventory Challenges

    The latest forecasts highlight why dealers experiencing inventory shortages can’t afford to pause their sales and marketing efforts until the market stabilizes.

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  • Why Dealers Need to Focus on Customer Experience Amid Inventory Shortages

    Why Dealers Need to Focus on Customer Experience Amid Inventory Shortages

    To succeed in today’s challenging market, dealers need to ensure they’re offering a dealership buying experience that is true to their brand promise and tailored to their customer at every touchpoint.

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  • 3-Step Guide to Protecting Your Dealership Loyalty Customer Base

    3-Step Guide to Protecting Your Dealership Loyalty Customer Base

    Retention and loyalty are a critical factor in an automotive dealer's bottom line. Here are three key steps to increase customer loyalty and retention for your auto dealership.

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  • How to Increase Loyalty and Improve Customer Retention Amid Dealership Inventory Shortages

    How to Increase Loyalty and Improve Customer Retention Amid Dealership Inventory Shortages

    As dealerships’ inventory tighten amid ongoing microchip shortages, now is the time for automotive industry dealers to focus on proactively retaining their loyal customers to improve retention.

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  • Dealership Inventory Challenges Guide

    Dealership Inventory Challenges Guide

    Is your dealership struggling with inventory challenges? Explore our Dealership Inventory Challenges Guide to help your dealership adapt.

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  • 3 Emerging Dealership Challenges & How Dealers are Overcoming Them

    3 Emerging Dealership Challenges & How Dealers are Overcoming Them

    Aside from inventory shortages impacting a vast majority of brands, dealerships from coast to coast are strategizing on to overcome new and ongoing challenges alike.

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  • Q2 2021 State of Automotive Sales & Inventory

    Q2 2021 State of Automotive Sales & Inventory

    Following challenges from COVID-19 and growing inventory concerns spurred by the microchip shortage in early 2021, dealers’ performance in Q2 varied greatly from brand to brand, and store to store.

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  • 4 Ways to Improve the Dealership Customer Experience Amid Inventory Shortages

    4 Ways to Improve the Dealership Customer Experience Amid Inventory Shortages

    Today’s buyers are more informed than ever and most are well aware of the ongoing inventory challenges dealerships are facing – as well as how the vehicle shortages are impacting car sales prices.

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  • Service Drive Pre-Owned Acquisitions Cheat Sheet

    Service Drive Pre-Owned Acquisitions Cheat Sheet

    Explore our cheat sheet to help your dealership improve its pre-owned vehicle acquisitions in the service drive. View the checklist.

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  • 3 Dealership Tips for New Inventory Presales

    3 Dealership Tips for New Inventory Presales

    In the dealership world, the one topic on everyone’s mind is inventory shortages. From coast to coast, nearly every brand is experiencing new vehicle inventory shortages, challenging dealers to adapt.

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  • Acquire More Pre-Owned Inventory with Market EyeQ0:58

    Acquire More Pre-Owned Inventory with Market EyeQ

    With Market EyeQ, you can skip the auctions, and watch your dream inventory roll onto your lot. See how it works.

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  • Pre-Owned Acquisition Checklist for Every Dealership Department

    Pre-Owned Acquisition Checklist for Every Dealership Department

    Find checklists for each of your dealership's departments to help with your pre-owned acquisition efforts.

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  • 4 Steps for Dealers to Address Inventory Shortages with Consumers

    4 Steps for Dealers to Address Inventory Shortages with Consumers

    According to a recent industry survey, 76% of in-market vehicle buyers are aware of the ongoing chip shortage, 83% of which are aware of its impact on the new vehicle market.

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  • 3 Proactive Sales & Pre-Owned Acquisition Opportunities

    3 Proactive Sales & Pre-Owned Acquisition Opportunities

    Looking specifically at pre-owned, the average retail selling price of pre-owned vehicles by new car dealerships has increased by 11% compared to 2020.

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  • How to Acquire Pre-Owned Vehicles Through the Service Drive

    How to Acquire Pre-Owned Vehicles Through the Service Drive

    Forecasts from IHS Markit estimate 1.3 million fewer light vehicles were produced in the first quarter of 2021 due to chip shortages and other external influences.

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