Navigating Supply Chain Challenges
Keeping customers engaged, informed, and satisfied, even when immediate solutions aren't available,
will be especially important in the dealership service drive.
» Set Realistic Expectations: Be upfront about potential delays due to parts shortages,
offering clear timelines whenever possible.
» Proactively Communicate with Customers: Keep customers updated on the status of their
vehicle, especially if there are changes or delays.
» Offer Alternatives: When possible, provide alternative transportation options or interim
solutions to minimize customer inconvenience.
Adapting Sales Approaches in a Changing Market
Finally, dealership sales teams need to shift from high-velocity selling to a more strategic and
thoughtful approach.
This evolution requires an understanding of changing consumer behaviors and leveraging technology
and data analytics to tailor marketing efforts and customer interactions, ensuring a more personalized
and effective sales process.
» Focus on Customer Experience: Shift sales tactics towards a more consultative approach
that prioritizes relationship-building and addresses individual customer needs.
» Offer a Transparent Sales Process: Establish trust with customers with a transparent sales
process that helps buyers feel confirmed and informed.
» Take a Data-Driven Approach: Leverage data from your CRM, DMS and CDP to understand
buyer's needs and to personalize vehicle recommendations and follow-up strategies.
______
To navigate challenges with negative equity customers requires dealership sales and service teams
to adopt a dynamic and adaptable approach.
By adapting to changing consumer behaviors, leveraging technology for personalized interactions
and prioritizing transparent customer experiences, dealerships can effectively address these challenges,
fostering long-term loyalty and success in today's evolving market.
Want to learn how Mastermind can help improve your dealership's customer communications?
Request a demo.
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