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The Road to DD27: Pre-Show Highlights
DD27 is right around the corner! In exactly one week, we’ll see you at Mandalay Bay Resort & Casino in Las Vegas, NV for over 100 educational seminars, networking opportunities, and pure innovation in one of the most exhilarating locations in t
Aug 12, 2019
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Dealer ManagementDealer/GM NewsF&I ManagementFinance & Insurance NewsSales & MarketingSales ManagementSales StrategiesTechnologyTrending Industry News
Digital Retailing: Let’s Talk About F&I
Conversations about digital retailing in the automotive industry tend to center around two things: customer experience and an increase in sales volume. But some dealers feel that it just leads to decreased margins on the front-end in the “race to t
Jul 18, 2019
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Dealer ManagementDealer/GM NewsF&I ManagementFinance & Insurance NewsLeadershipSales & MarketingSales ManagementSales StrategiesTrending Industry News
Shifting to a Razor and Razor Blade Business Model
In the last seven years, new vehicle gross margins have declined from four percent to two percent. If that pace continues, profit margins will be wiped out by 2025. It appears that the front-end grosses dealers enjoyed 10 or 15 years ago are never co
Jul 12, 2019
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Dealer ManagementDealer/GM NewsF&I ManagementFinance & Insurance NewsSales & MarketingSales ManagementSales StrategiesTechnologyTrending Industry News
Selling F&I Products On Alternate Fuel Vehicles? Here’s What To Know
Current estimates put roughly one million electric vehicles on the road in the U.S. today. According to media reports, this milestone was achieved just a few months ago. Proponents of the technology agree that this is a small number, compared to the
Jun 3, 2019
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Dealer ManagementDealer/GM NewsF&I ManagementFinance & Insurance NewsSales ManagementTrending Industry News
Latest Equifax Auto Credit Trends Illustrate Rising Subprime Activity
A few notes on subprime loan origination and balance activity per Equifax: Subprime auto loan originations have a corresponding total balance of $7.07 billion, a 5.3% increase year-over-year. The average subprime loan amount was $18,934. This is a 5.
May 16, 2019
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EveryoneF&I ManagementFinance & Insurance NewsGeneralSales & MarketingSales ManagementSales Strategies
Three Steps to Create an F&I Culture
If your F&I team operates on all cylinders, chances are they have created an F&I culture within your store. This type of culture is one where salespeople and sales managers are supportive of their efforts and customers see great value in F&
Apr 30, 2019
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EveryoneF&I ManagementFinance & Insurance NewsGeneralSales & MarketingSales ManagementSales StrategiesTrending Industry News
The 4 Laws of Influential Conversations –Part 2
It’s our conversations that shape our results. We live in the Age of the Consumer, and it takes more than a just good price and a good product to win. Today, it’s the way you treat each customer, and the way you communicate your value, that matte
Apr 30, 2019
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Dealer ManagementDealer/GM NewsEveryoneF&I ManagementFinance & Insurance NewsFixed Operations NewsGeneralLead Management & CRMLeadershipMarketing StrategiesOwnershipPre-Owned Sales & Marketing StrategiesPre-Owned Sales StrategyProfiles of SuccessReputation ManagementSales & MarketingSales ManagementSales StrategiesServiceTechnologyTrending Industry News
Interview with Charles Douglas “Doug” Wilson of Wilson Auto Group
Wilson Auto Group, with stores in Mississippi and Tennessee, has won every major customer satisfaction award from the manufacturer, including being recognized as the #1 in Dodge Sales in Mississippi for over 10 years, while consistently remaining pro
Apr 30, 2019
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Dealer ManagementDealer/GM NewsDigital DealerDigital Dealer ConferenceEveryoneF&I ManagementFinance & Insurance NewsFixed Operations NewsGeneralLeadershipMarketing StrategiesOwnershipSales & MarketingSales ManagementSales StrategiesTrending Industry News
Digital Dealer 26 Recap
DD26 could have been subtitled, The Marketeers Strike Back. I believe I counted 104 sessions, 62 of which (60%) were dedicated to marketing and/or advertising of some sort. Out of the 148 vendors who supported the event, 85 self-identified as compani
Apr 26, 2019