Posts
The Art and Science of Parts Inventory Reconciliation
While consulting with parts department managers and owners on the recording and reconciling of parts inventories for many years, our firm has seen unusual activity and trends as they pertain to these inventories in new vehicle dealerships. In the las
Jan 13, 2019
Profit By Action Quick Tip: Technician Efficiency
Andy Church shares why there are two dynamics to dealership efficiency which both affect dealership profitability.
Jan 11, 2019
Posts
Dealer ManagementDealer/GM NewsFixed Operations NewsLead Management & CRMServiceTechnologyTrending Industry News
Millennial Expectations and Online Scheduling
As Millennials get older, they become an increasingly important fixed ops customer segment to retain. A recent AutoLoop study found that currently, Millennials make up approximately 18% of all service appointments. And that number continues to steadi
Jan 8, 2019
Posts
Dealer ManagementDealer/GM NewsFixed Operations NewsMarketing StrategiesSales & MarketingServiceSocial MediaTrending Industry News
How to Grow Loyalty with Service Marketing
For car dealers, the opportunity to create loyal customers might start with a sale, but true loyalty is created in the service department. According to a 2017 IHS Markit study, the average length of car ownership is nearly seven years. That’s a
Jan 4, 2019
Profit By Action Quick Tip: How to Increase the Profitability in Your Service Department
In this series, Andy Church shares how to increase the profitability in a dealership’s service department.
Dec 28, 2018
Posts
Dealer ManagementDealer/GM NewsFixed Operations NewsInventory ManagementServiceTrending Industry News
The Growing Used Vehicle Market May Be Great for Consumers
According to a recent article in Automotive News, investors and car dealers have shifted their focus to the used-car space because dealers have more pricing and profit controls; something the digital retailing space is forced to focus on. With profit
Dec 26, 2018
Posts
Dealer ManagementDealer/GM NewsFixed Operations NewsMarketing StrategiesMobileSales & MarketingServiceTechnologyTrending Industry News
For a Profitable Service Department, Don’t Get Tired of Tires!
91% of service customers defect once they are out of warranty, and those are a dealership’s most profitable customers. What can your dealership do to help retain these valuable customers? Tire sales can easily distinguish your dealership from its c
Dec 17, 2018
Posts
Dealer ManagementDealer/GM NewsF&I ManagementFinance & Insurance NewsFixed Operations NewsMarketing StrategiesSales & MarketingServiceTrending Industry News
How to Address Declining Front-End Margins
When we are no longer able to change a situation, we are challenged to change ourselves – Viktor Frankl The news is full of major disruptors; if you follow the headlines you might think that a world filled with autonomous vehicles is imminent (it i
Dec 11, 2018
Customer Experience Upgrades in 3 Simple Steps
Customers don’t necessarily arrive at your dealership expecting a great experience. When it comes to service, many dread a higher-than-normal repair bill. They expect to hear additional maintenance is needed, but don’t want to spend a lot of time
Dec 10, 2018