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Dealership Guide to Building Customer Loyalty & Proactively Preventing Defection

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Look for every opportunity to retain loyalty customers who have already returned to market, including exploring pre-owned options or lease extensions to bridge the gap between contracts if their desired vehicle is not currently available. You should aim to create a buying experience that speaks to customers' concerns, including marketing F&I products like extended warranties and wrap coverage, or even assistance in raising their credit score. For those preparing to return to market, consider leveraging pre-orders and reserved orders or retailing your vehicles in transit to ensure your loyalty customers can purchase their next dream vehicle at your dealership. Rather than shying away from things like price and payment, set the stage for a positive customer experience by discussing the available current, and projected, rates and availability for possible vehicles that match their needs.

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