Case Studies

Mastermind Provides Unprecedented Virtual BDC Support Amid COVID-19

Issue link: https://resources.automotivemastermind.com/i/1245105

Contents of this Issue

Navigation

Page 0 of 2

Mastermind Provides Unprecedented Virtual BDC Support Amid COVID-19 EXECUTIVE SUMMARY As a true partner, automotiveMastermind (Mastermind) has been on the front lines with dealer partners, providing the support they need as they face significant business interruptions due to COVID-19. Mastermind quickly adapted their operations to focus on providing resources and virtual training to their dealerships. Taking that one step further, Mastermind quickly organized a virtual Business Development Center (BDC), providing added value and support to dealer partners by utilizing the Market EyeQ sales platform. RESULTS In three weeks, the virtual BDC efforts resulted in: • 17,436 calls made over the course of 1,948 hours • 1,598 appointments booked by the virtual BDC team • Nearly 1 appointment per hour made • 32 consumer car sales made to-date CHALLENGE With COVID-19 significantly impacting the industry nationwide, many dealerships were required to close their showrooms with less than 24 hours' notice and were forced to quickly pivot towards a virtual sales model. With dealership management focusing on bigger picture business strategies for the disruption, many did not have the bandwidth to properly focus on shifting to a virtual BDC selling model. SOLUTION Mastermind enlisted their sales and field teams to prospect on behalf of dealer partners. This initiative demonstrated Mastermind's support and commitment to dealer partners amid COVID-19. Utilizing the power of the Market EyeQ sales platform to pinpoint which customers each dealership should be talking to, the virtual BDC program piloted with 249 stores across the U.S during portions of the months of April and May 2020.

Articles in this issue

Links on this page

view archives of Case Studies - Mastermind Provides Unprecedented Virtual BDC Support Amid COVID-19