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Looking to Boost Profit Margins? Might Be Time to Consider Your Own Branded F&I Products
2017 has been an interesting year for both franchise and independent auto dealers. After several years of increasing sales following the recession, the pace of sales saw a plateau in 2016 and some projections have 2017 sales even slowing slightly com
Oct 19, 2017
Does your Dealership Have a Retention Problem?
The automotive industry, in general, has an employee retention problem. A BIG one. And especially big in dealership’s sales departments. Sure, there are exceptions. However, NADA reports that sales turnover in dealerships averages 70 percent. That�
Oct 17, 2017
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Dealer ManagementDealer/GM NewsFixed Operations NewsLead Management & CRMMarketing StrategiesSales & MarketingSales ManagementSales StrategiesServiceTrending Industry NewsVideo
Witt’s Wise Words: Where Are the Most Opportunities? Sales or Service?
Bill Wittenmyer shares which department your dealership has the most opportunities in this week’s episode of Witt’s Wise Words.
Oct 16, 2017
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Dealer ManagementDealer/GM NewsLead Management & CRMLeadershipMarketing StrategiesSales & MarketingSales ManagementSales StrategiesTrending Industry NewsVideo
Freebie Friday: Fight the Sales Slump
How do you ward off the inevitable sales slump in a volatile market? In this Freebie Friday quick tip, ELEAD1ONE Partner Bill Wittenmyer shares a proven, but simple strategy for building a better pipeline to keep your momentum, even during periods of
Oct 13, 2017
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Data & AnalyticsDealer ManagementDealer/GM NewsLeadershipOwnershipSales ManagementTechnologyTrending Industry NewsVideo
Adopt a No Fake News Culture
Josh Blick explains why dealers should adopt a “no fake news” policy in their store in order to truly understand what’s going on financially.
Oct 13, 2017
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Data & AnalyticsDealer ManagementDealer/GM NewsExpense ManagementFixed Operations NewsMarketing StrategiesSales ManagementServiceTrending Industry News
Is Your Service Marketing Budget out of Whack?
Is your service marketing budget out of whack? And if so, what’s the right number? There is a clear misalignment between the service department’s contribution to store profits and the investment in service marketing. According to NADA, service
Oct 13, 2017
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Dealer ManagementDealer/GM NewsExpense ManagementLeadershipOwnershipSales ManagementTrending Industry News
Dealership Best Practices – Spend Management
Smart business owners and management teams know that there is value in learning from the best operators in their industry and also know that there is value in learning from those that are continuously lagging behind. The employment of Best Practices
Oct 12, 2017
Dealership Staff Stressed Out? Try Storytelling your way to Increased Productivity
Let’s face it. The car business can be brutal. Many in auto retail find themselves working long hours, under stressful conditions, with hardly any free time to see their families or enjoy other activities. In our industry, many managers are under a
Oct 10, 2017
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Dealer ManagementDealer/GM NewsDigital DealerLeadershipSales ManagementTechnologyTrending Industry News
The Hardest Position to Hire & Retain in an Automotive Dealership
One of the hardest positions to hire for, train and keep in an Automotive Dealership is a Digital Marketing Manager. Owners spend thousands and in many cases hundreds of thousands of dollars on digital marketing products yet they struggle to have som
Oct 6, 2017