Carvana is Worth Every Bit of $2 Billion I have to admit it, Carvana (NYSE: CVNA) has captured the imagination of Wall Street investors, the likes of which I haven’t seen since the early days of Pets.com. They are, in my opinion, clearly a $2 billion company. Unfortunately for those who remain in the stock, […]
How to Handle an Employee’s Stupid Questions When There are No Stupid Questions I was recently asked how a manager should handle an employee who continues to ask the same question over and over; this, despite having been given the answer repeatedly in the past. The issue, as this manager saw it, was how to […]
Best Automotive Internet Sales Processes: How to Perfect Your Trade-In Lead Handling It’s well known that many buyers are suspicious of the trade values your team provides them in-person; but, what happens when your online trade-in tool provides consumers a value? How can you both reinforce this unbiased, third-party number and keep a prospect engaged […]
Do Your Carfax.com Leads Close at Relatively Low Rates? Let me level set right from the start: I like Carfax. I have friends who work at Carfax. I think Carfax has (ultimately) been good for the industry. Additionally, this post is not intended to encourage dealers to cancel their Carfax.com listing agreements, only to drive […]
How To Stop Your New Dell Laptop From Overheating & Shutting Down Yes, I know this isn’t a tech blog; I get it. However, in order to be able to function normally again, I recently had to solve a nagging issue with my new Dell Inspiron 13-5378 laptop running Windows 10. My laptop began […]
What does being late say about you? (One of the 83 quick and practical life & work lessons from Sh*t Sandwich: Quick & Practical Success Lessons for Practically Anyone.) 5 Minutes Early is 10 Minutes Late Packers’ Coach Vice Lombardi is famously quoted as saying that “If you are five minutes early, you are […]
How to Spot and Stop SEO Fraud! Last week, we published some guidelines to help you uncover and stop the SEM theft we’re seeing in nearly every dealership visit. Today, I wanted to tackle the potential Search Engine Optimization (SEO) fraud that also appears to be fairly ubiquitous. SEO, as a quick reminder, refers […]
Customer Service at the Counter – How to Manage the Unmanageable A reader asked a few questions that included coping with angry customers at a service counter recently that I thought made sense to share with all. When you are working at a busy place where there are constantly overcrowded lines, and impatient people, we […]
Pigs get Fed and Hogs get Slaughtered I’ve written a few times about the adage ‘pigs get fed and hogs get slaughtered.’ The meaning (as it applies to business) is simply that it’s okay to make a profit, but when that profit is the result of price gouging and/or taking advantage of people, you’ll […]
The Coming Automotive Retail Disruption Explained on a Cocktail Napkin As I’ve written previously, the real disruption to the automotive retail model in America will not come from the Carvana’s (NYSE: CVNA) of the world. That is, “a better customer experience” won’t matter if there’s no price and convenience advantage. (And, Carvana won’t be […]
Automotive Internet Sales Processes: The DISC Test and the DIR Test If you’re involved in your dealership’s marketing decisions, you’ve probably heard about the DISC Test, right? Does It Sell Cars? For many dealers, every marketing decision comes down to this simple test. Does this or that sell cars? For some, it’s not just a […]
How to Solve 99% of Customer Service Issues: Empower your Front Lines If you’re in the service business, there’s a simple way to solve nearly every customer issue that you’ll ever create: Empower your front lines. Many of the issues, in fact, are created specifically because your front line is not (or does not feel) […]
In a recent CBT News interview (that aired this week), Joe Gumm asked me the following question: “We’re about two months from wrapping up 2017; and some dealers are already thinking about 2018. So, if you had a top five list of things dealerships need in order to be successful from this point on, what […]
The Coming Automotive Retail Disruption? It’ll be about Price and Convenience (and Nothing Else) (This is a follow-up to an article I posted on DealerRefresh a couple of weeks ago that focused on the myth that dealers are behind other industries in terms of tech, marketing and the customer experience.) Can we please stop talking […]
Okay, so you know you need to employ a conversion button strategy on your websites, but did you know you can have too many buttons? You can. It comes down to choices for your site visitor; and research shows that when consumers are presented with too many choices, they punt. They make no choice. […]
The Entire DIY Marketing Movement is Misguided I was on a call with a vendor the other day as he pitched his product. He wanted my opinion on their offering, so I asked that he show me his company’s solution as if I were a dealer-prospect. His pitch was compelling and his company has […]
As I wrote in the previous post in this series, a button strategy that drives leads is one of the simplest changes you can make to your website that will immediately drive more sales leads. So simple to get right… and so simple to get wrong. Buttons? Really? Buttons are so important to the […]
Changing the Culture at the DMV A regular reader of my writing asked me the following question via email recently: “According to state workers, the Department of Motor Vehicles is trying to change their reputation of rude customer service. With long lines, rude customers, customers who don’t want to deal with bureaucracy, how could […]
Whether addressing a 20 Group or consulting in a dealership, I am constantly asked questions like this: “So, Steve, what cool, new digital marketing sources are you seeing out there and what do you recommend?” The answer to this question always contains two parts: First, I tell them about the cool, new stuff I’m seeing; […]
The Best Gift for High School and College Students Got a millennial (or younger) in your life you care about? Worried they might graduate equipped for nothing more than a lifetime of narcissism and entitlement? Think it’s time for them to learn how to put on their big boy or big girl pants and […]