[Updated 11/12/2020]
The stampede is coming, and they’re ready to break the internet. The Black Friday crowd has gone virtual. If 2020 has already set records in e-commerce, imagine the impact of the biggest shopping day of the year. With all the online activity, the day after Thanksgiving is basically just the warm up for Cyber Monday.
Yes, the opportunists are charging their laptops on Black Friday eve, ready to kick this thing off with new car smells. Make this car-shopping season spark joy with mega-profit potential, stellar CSI scores, and repeat business. I hope you upgraded your internet package.
In all the activity, don’t let Vehicle Personalization get lost. You cut your legs out from under yourself when you bypass accessories. This high volume day is the ideal environment for accessory sales, and can even be used to temper the flow online and in store.
Here’s three things Vehicle Personalization can do in the hustle and bustle.
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Topics:
Sales Best Practices,
Increase Profits,
Dealership,
Vehicle Personalization,
accessories,
sales,
accessories installations,
success,
Accessories sales,
creative,
increase sales,
profit,
consulting,
cash,
customer experience
The task of selecting an accessory champion for your dealership can be harrowing. There’s no one-size-fits-all approach and without a compass, dealers may find their accessory program suffering. To begin, management should examine both process and store volume to determine who to lean on as the personalization expert.
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Topics:
Sales Best Practices,
Improve CSI,
Process Training,
Dealership,
Vehicle Personalization,
accessories,
Showroom,
staff,
sales team,
sales,
customers,
Best Practice,
Accessories sales,
tips,
increase sales,
salesman,
profit,
consulting,
customer experience
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
When it comes to deciding how to stock your electronic accessory catalog, the name of the game is “both/and”. Yes, OE and aftermarket accessories are the new Ying and Yang, existing in perfect harmony within your parts department. As a best practice tip, strategically lay out your physical and on-screen display with OE’s most likely to succeed, and fill in the gaps with wisely sourced aftermarket.
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Topics:
Accessories System,
Sales Best Practices,
Dealership,
Vehicle Personalization,
accessories,
brand loyalty,
Educate,
Best Practice,
Accessories sales,
configurator,
preload,
Aftermarket,
OE
As an Insignia VPE, I do a lot of training during my guided visits. I emphasize the same lesson when training associates with proven success and those who have never presented Vehicle Personalization before: consistency of presentation. To be victorious you have to show up first.
I don’t care what kind of experience you’ve had with the customer. Make a Vehicle Personalization presentation! According to industry statistics, 9/10 of your customers WILL personalize their vehicle within 90 days of purchasing it with anything from fuzzy dice to a truck cap. Why not offer them all the opportunity to integrate it into their purchase?
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Topics:
Sales Best Practices,
Customer Retention,
Improve CSI,
Increase Profits,
Customer Success,
accessories,
Showroom,
staff,
sales team,
sales,
Educate,
customers,
F&I,
Best Practice,
service,
Insignia Group,
configurator,
increase sales
In a fictional study never performed, 100% of dealers admitted their preloading program was one of their biggest factors hindering them from selling accessories in the showroom.
Jokes aside, this really is a common theme that dealers are often getting snagged on. We all know that vehicle personalization is a multi-billion dollar industry, but with popular vehicles preloaded on the lot and showroom floor, dealers shy away from bringing up additional add-ons to their customer. The result? The customer just buys what they need somewhere else.
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Topics:
Accessories System,
Sales Best Practices,
Customer Retention,
Word Tracks,
Reducing Turnover,
Increase Profits,
Dealership,
Vehicle Personalization,
accessories,
staff,
sales,
accessory program,
Best Practice,
drive,
Accessories sales,
Insignia Group,
Land Rover,
Jaguar,
increase sales,
we-owe,
preload
YouTube offers tremendous opportunities for dealers. By observing a few Internet video best practices, you can promote vehicles, sell accessories, and build a fan base from this one platform. Here are two examples of auto dealers that promote vehicles and sell accessories with video that we can all learn from.
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Topics:
Sales Best Practices,
Customer Retention,
Increase Profits,
Marketing,
Toyota,
Dealership,
Subaru,
Vehicle Personalization,
accessories,
Luther Brookdale,
Adventure Subaru,
creative,
content,
social media,
YouTube
Our “have it your way” society is hungry for more monogram stickers, a broader array of window tint options, engines that purr in another language, and decoupage. Dealer principals all over America are behind closed doors pouring over staggering statistics about vehicle personalization. Some laugh with delight, others cry at the seemingly insurmountable behemoth.
Whether you find joy or sorrow in the multi-billion dollar “uniquely mine” industry, one thing remains true: this consumer trend isn’t going away. So how can a dealer effectively keep climbing a mountain that’s still growing? Stay active, grasshopper.
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Topics:
Accessories System,
Sales Best Practices,
Improve CSI,
Increase Profits,
Dealership,
Vehicle Personalization,
accessories,
sales team,
Accessories sales,
online catalog,
increase sales
Changes made to image. Courtesy of Haiden Goggin. license information here
Car buyers like to feel good about their investment - and if you’re running a dealership you wouldn’t have it any other way. Customers in the market for purchasing a vehicle have more buying options than ever before. The convenience of the internet has led to streamlined transactions, rather than a car-buying experience.
Subaru of Clear Lake Parts manager Nick Heidaker expresses the importance of an accessories program at his store, “Our customers find value in personalizing their vehicles—it also gives us a chance in parts/service to meet the customer before their first service appointment.”
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Topics:
Accessories System,
Sales Best Practices,
Customer Retention,
Increase Profits,
Toyota,
Dealership,
Vehicle Personalization,
accessories,
Showroom,
accessory program,
Educate,
customers,
Best Practice,
success,
sans marcos toyota
In 2018, my dad is even talking about leasing a car. This is the same guy that is adamantly opposed to renting a house, and until lately would have never considered a lease. My dad always said you should never throw your money at something every month that you won’t eventually own.
But even Dad is raising his eyebrows at the opportunity to bring home a really nice vehicle at a fixed cost and turn it right back in when (Mom) is ready for a new one. You won’t believe this, but my dad isn’t the only one that is on to something.
Turns out basically all of America got the same direct mailer because leasing is on the up and up, and still upping. If you’re not fully versed in the ease, joy, and beauty of accessorizing a leased vehicle, then get ready to be dazzled, my friend. Presenting personalization can’t be any easier than to your lease guy (or gal). *
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Topics:
Accessories System,
Sales Best Practices,
Customer Retention,
Presentation Tools,
Process Training,
Customer Success,
Dealership,
Vehicle Personalization,
accessories,
staff,
sales team,
accessories installations,
customers,
leasing