Economists differ on what’s coming next. One will argue that consumer spending is still strong, employment is still in an upward churn, and we’re just thawing out from the global freeze caused by the pandemic. Another will say an early 2023 recession is inevitable.
Dealerships have to deal with future forecasts while simultaneously managing current challenges. Will high vehicle prices and low inventory give way to slowed demand?
Regardless of what awaits the automotive world in 2023, cars are an essential business and dealerships are notoriously resilient.
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Topics:
Increase Profits,
Dealership,
Accessories sales,
Gross profit
Ahh, Valentine's Day. Love is in the air—$18.2 billion worth. America is love sick, and it’s time the automotive industry snatched that love out of the air and put it on the road. Love is blind but car buyers are not, and there are plenty of personalization options to shower those new car purchases with TLC. Implement these tips this Valentine’s Day to make your buyer feel special and show your staff some love.
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Topics:
Vehicle Personalization,
Showroom,
sales team,
accessory program,
holiday,
Best Practice,
creative,
increase sales,
dealer,
Gross profit,
profit
Margin Compression? Missing gross profit? Want to pocket more cash?
Can you do it without selling any additional cars?
Regardless of the year-to-year ebb and flow of vehicle sales, Vehicle Personalization is a great way to increase revenue and deepen your profits...or pockets!
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Topics:
Increase Profits,
Accessories sales,
we-owe,
preload,
Gross profit,
customer experience
Once upon a time, Vehicle Personalization met football and fell in love. The two were married in a dealership overlooking a college stadium and began their lives together. Soon, they welcomed a baby, named Tailgating, and it would change the world.
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Topics:
Accessories System,
Dealership,
Vehicle Personalization,
accessories,
Showroom,
seasonal,
customers,
tips,
creative,
increase sales,
preload,
Aftermarket,
building,
dealer,
Gross profit,
profit,
cash
Vehicle Personalization can be a profitable endeavor for every department. Getting your sales team excited about your Vehicle Personalization program requires a consistent commission structure. How can your dealership decide what’s right for your team? Consider one of our proven structures to get everybody motivated.
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Topics:
Sales Best Practices,
Dealership,
Vehicle Personalization,
accessories,
staff,
sales,
Best Practice,
Accessories sales,
tips,
increase sales,
dealer,
Gross profit,
profit,
consulting,
cash