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Trending Auto Retail News

The 4 Laws of Influential Conversations –Part 2

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 matters most. Whether you...

Inspire Your Guest to Invest

Inspire Your Guest to Invest

The primary purpose of a professional service advisor is to sell service, or as Scott Russeau puts it, “inspire your guest to invest!” Earlier this year, I attended one of Russeau’s energy-packed workshops. (Okay, it wasn’t a workshop as much as it was a workout!)...

10 Traits of an Extraordinary Social Media Manager

10 Traits of an Extraordinary Social Media Manager

With the increase of consumer preference to use online channels for communication, it's crucial to devote attention to who might be best equipped to handle these valuable customer relationships. Today’s social media is marketing, PR, sales, and customer service all...

Broadcast Advertising Back to the Future!

Broadcast Advertising Back to the Future!

I remember when I had to wear a tie every day for business. I bought a lot of ties because every year the fashion gurus in concert with the manufacturers would change the size of the tie and who wants to look out of step with style, right? But an older salesperson at...

Developing a Revenue Center

Developing a Revenue Center

Is it time to innovate yet? The market is changing. Profitability is being challenged once again. Dealers are quickly exploring all options to shave costs and improve profitability. OEMs are also under pressure to help their dealers improve profitability and some are...

The Tales of a Parts Pro…

The Tales of a Parts Pro…

Not much is written about the travails or the contributions of parts counter personnel. These suppliers of necessities are in fact integral to getting any type of maintenance or repair performed in the shop. What they provide makes or breaks almost any job based on...

The Greatest Threat for Survival Could Be You

The Greatest Threat for Survival Could Be You

Steps to Demonstrate a Sense of Good Business Judgment The common excuse for dealership complacency is; “well this is the car business.” Break this slogan down and what you get is; “yes, we are a corporation with a P&L statement, balance sheet, HR department, and...

Buyers Pickier in Today’s Buy/Sell Market

Buyers Pickier in Today’s Buy/Sell Market

We are coming off yet another great year of high automotive retail transaction volume, and the good news is that deals continue to get done in the 2019. From our vantage point, 2019 will be another strong year for buy/sell activity. (See Chart 1) That said, we observe...

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