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22-Point Dealership Inventory Profitability Checklist

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800.801.0018 | info@automotiveMastermind.com ©2023 automotiveMastermind ® . All rights reserved. | A business unit of S&P Global Mobility LEARN MORE automotiveMastermind.com C U S T O M E R S AT I S FA C T I O N Prioritizing customer satisfaction can lead to increased profitability. To ensure your customers' satisfaction and enhance their loyalty: � Assess the overall customer experience. Evaluate every touchpoint to guarantee a seamless and positive buying process, enhancing customer satisfaction. � Gather feedback on the buying process and customer service. Actively seek input from customers to understand their experiences and make necessary improvements. � Gather feedback on inventory selection and availability. Understand if customers find your inventory offerings satisfactory and adjust accordingly to meet their needs and improve profitability. � Measure customer loyalty and repeat business. Monitor customer retention rates and analyze data to gauge customer loyalty, which often translates into repeat business. – Faced with aging inventory, newly incoming model years and shifting dynamics of used vehicle pricing, it's critical dealers embrace a data-driven approach to proactive inventory management. By doing so, you can not only adapt to current trends but also secure financial stability and long-term success in the ever-evolving automotive landscape. Want to learn how Mastermind can help your dealership maximize your turn rate and close more deals? Contact us for a free demo.

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