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Trending Auto Retail News

The Lollipop 1 Model

The Lollipop 1 Model

By Tom Kline, Lead Consultant and Founder, Better Vantage Point Would you ever give a little child a lollipop and then take it back? Outrageous, right? This causes hurt feelings, destroys trust, and creates anger. You create this same dynamic with customers when you...

Pricing Above MSRP: The Pros, Cons, and How to Save Your CSI

Pricing Above MSRP: The Pros, Cons, and How to Save Your CSI

By Tiffany Peeler, VP of Sales & Operations, Proactive Dealer Solutions Many home buyers have been forced into bidding wars due to the pandemic housing market, with the winner paying well over the listing price. This was unheard of in most markets 10 years ago....

Document Management and OCR: Improving the Auto Lending Process

Document Management and OCR: Improving the Auto Lending Process

By Vlad Kovacevic, CEO, Inovatec In the past, lenders were reluctant to adopt new technologies. But as remote work has become mainstream, the transformation from paper to digital processes has become more of a priority. While some providers had already implemented...

Home is Where the Money is

Home is Where the Money is

By Tim James, COO, FlickFusion Video Marketing As we head into 2022, a dramatic shift has occurred in online consumer shopping behavior, according to Forbes. While online shopping was growing, COVID hit, forcing an even larger number of consumers to do their shopping...

A Goal Without a Plan is Just a Wish

A Goal Without a Plan is Just a Wish

By Michael Renaud, General Manager, Alan Ram’s Proactive Training Solutions It’s a brand-new year and with that comes a chance to start over. New dreams mean bigger goals and for some of you, this is your shot to hit the reset button. No looking back, just charging...

How to Market and Merchandise Your CPO Program

How to Market and Merchandise Your CPO Program

By Jeremy Beck, Vice President Sales Operations, APCO Holdings/EasyCare Certified pre-owned (CPO) programs deliver a win-win for both consumers and dealerships. Consumers appreciate the peace of mind that comes with owning a quality vehicle and the protection that a...

The Dilemma of What Autonomous Vehicle Safety Really Means

The Dilemma of What Autonomous Vehicle Safety Really Means

By Sean Reyes, Chief Marketing Officer, Recall Masters An interesting “Catch-22” currently exists in the automotive technology space, as covered in a recent article in the New York Times. It’s been known for a while that a controversy exists regarding Tesla’s...

8 Practical Sales Strategies to Drive Customer Engagement

8 Practical Sales Strategies to Drive Customer Engagement

By Lawson Owen, Founder & CEO, Proactive Dealer Solutions Auto retail is moving away from “lead capture” and toward customer interaction because car shoppers are more educated and want more control over the buying process. As a result, the goal of the salesperson...

Benefits of Empowering a Dealership’s Accounting Staff

Benefits of Empowering a Dealership’s Accounting Staff

Michael Panozzo, Performance Manager at Dealertrack DMS, Cox Automotive Inc. While auto dealerships are constantly looking for new ways to become more profitable, they rarely focus on the potential—and all too often underutilized--contributions of their accounting...

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