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The New Buyer Journey Best Practices for 2021 and Beyond

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RETENTION STAGE When the deal is done, your relationship with that customer isn't over – far from it. As soon as the car drives off the lot, a new buyer journey has begun. Now is the time to focus on building loyalty. Loyal service customers are a sustainable source of a dealership's most profitable sales, and when it comes time to build loyalty, many dealers are turning to their service drive. In fact, Mastermind data finds customers who serviced with a dealer were just over 2.5x more likely to purchase their subsequent vehicle from the same retailer. RETENTION STAGE BEST PRACTICE: CAPITALIZE ON SERVICE DRIVE LOYALTY

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