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How to Maximize the Impact of Your Dealerships Tools & Ditch Third-Party Leads

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800.801.0018 | info@automotiveMastermind.com ©2020 automotiveMastermind®. All rights reserved. | A business unit of IHS Markit™ LEARN MORE ABOUT MARKET EYEQ automotiveMastermind.com marketplace, staying ahead of the competition – and the customer – has never been more important or possible. Behavior prediction technology enables dealers to automate the process of sifting through customer data by automatically identifying and ranking prospective buyers predicted to be ready to enter the buying cycle. Fueled by high-quality data sources from within your own dealership, like all that data locked away in your CRM and DMS, predictive marketing tools prioritize your prospects with vital information like registration data, what vehicles they currently drive, their service and accident history and more. This data is then used to personalize and target your messages and nurture them through the buying journey. Connect Sales, Service and Your BDC It's critical dealerships aiming for independence from third-party lead providers apply these same strategies beyond their sales departments to extend to both the service drive and their BDC. While manufacturer programs aimed at service drive customers have been around for ages, most only offer an ineffective, one-size-fits-all approach to messaging. This is despite the service drive being a critical factor to building customer loyalty and driving future sales. Using the above-described proactive approach, some dealerships have found success employing a dedicated service-to-sales liaison, or a team of liaisons within the BDC, depending on the size of their dealership, tasked with identifying and engaging service customers predicted to be entering the sales cycle. Finally, while some dealers assume the role of their BDC is to make as many calls as possible in response to online inquiries, unifying your dealership's approach empowers your BDC to evolve from reactive to proactive. Ensure your BDC can stay ahead of online buyers by identifying early buying behaviors, such as which customers are using your website's trade evaluator, or which models they viewed while browsing the site. Maximizing your dealership's digital marketing tools and turning away third-party leads in favor of your own in-house leads may seem challenging and too-daunting of a task in the current market, but there's no time to waste. As the market continues to evolve, proactive dealerships are the ones staying ahead of the curve – and the competition – by taking command of their success. To learn more about how the Market EyeQ sales and marketing platform can help your dealership proactively identify and convert auto sales leads, contact us for a free demo. MARKET EYEQ EMPOWERS DEALERS TO MARKET AND CONVERT SERVICE CUSTOMERS INTO NEW CAR BUYERS AT A 4X HIGHER ACTIVATION RATE

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