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As sales progressively cool and inventory
constraints linger on amid diminished customer
loyalty, now is the time to think about what
sustainable success looks like. Look for
opportunities to improve your processes across
departments, including benchmarking and
reporting to track your success.
IHS Markit, June 2021
Semiconductor supply
isn't forecasted to catch
up with industry demand
until late 2022, with some
persisting into 2023.
To get ahead of future opportunities, utilize marketing tools powered by predictive analytics to engage
customers now who are predicted to return to market in early 2022. By pinpointing the customers who
are likely to be interested in vehicles before they arrive on the lot, dealers are empowered to maximize
their inventory turn for the long haul while driving customer loyalty.
Does your dealership have the tools and insights it needs to navigate future business decisions?
Contact us to learn more about how Mastermind can help.