Improving Auto Dealership Sales Revenue

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Improving Auto Dealership Sales Revenue

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The national average of a customer's lifetime revenue value is $175,000 (sales, ... ANI/DNIS powered caller information. Call recordings retained for last 30 days ... – PowerPoint PPT presentation

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Title: Improving Auto Dealership Sales Revenue


1
Improving Auto Dealership Sales Revenue
  • Tracer Quality Assurance and
  • Marketing ROI Solution

2
Automotive Market Overview
  • Over 20,000 auto dealerships nationwide
  • US new vehicle sales in 2007 were 16.1 million
    units
  • (Source Autodata Corporation)
  • The national average of a customers lifetime
    revenue value is 175,000 (sales, service,
    referrals, etc.)
  • Advertising expenses for the average dealership
    in 2005 were over 350,000
  • (Source NADA Data)

Is it money well spent?
364,619
3
The Business Challenge
  • Advertising/marketing ROI relies on insight to
    campaign effectiveness
  • Sales team call performance requires ongoing
    evaluation to avoid critical and costly customer
    service mistakes
  • Customer Satisfaction Index (CSI) scores used by
    manufacturers to determine inventory allocation,
    dealer incentives, discount level, etc.

4
The Tracer Solution
  • Comprehensive marketing campaign reporting and
    interaction management platform
  • Generate reports on every call (inbound/outbound,
    local, long distance, toll-free)
  • Built-in, customizable reporting features
    pinpoint where calls originated and from which
    campaign
  • Easy access to call recordings for evaluation,
    training and dispute resolution

5
Marketing Benefits
  • Capture detailed caller contact information to
    enable more targeted campaigns
  • Gain insight into which campaigns are working and
    allocate marketing resources more effectively
  • Drill down further to actually hear calls and
    gauge consumer response

6
Customer Satisfaction Benefits
  • Improve sales team performance through call
    evaluation and coaching
  • Real-time notification of abandoned calls
  • Live monitoring enables immediate performance
    improvement
  • Eliminate phone abuse and enhance employee
    productivity
  • Resolve service department disputes and preserve
    dealership credibility

7
Competitive Offerings
  • Whos Calling
  • Hosted service offering (application is in the
    cloud), dealer pays a monthly service fee
  • Dealer gets the use of 800 numbers
  • ANI/DNIS powered caller information
  • Call recordings retained for last 30 days
  • Average cost range of 1,000 - 3,000 month, may
    also include a T-1 span line

8
Competitive Offerings
  • 800 Response
  • Offers vanity 800 numbers, no local number
    presence
  • Dealer does not own the number
  • Numbers are area-specific (competitors can use
    the same number in other locations)
  • Limited call tracking reports

9
The Tracer Advantage
  • Captures data on every call (inbound/outbound,
    local, long distance, toll-free), every lead is
    accounted for
  • Eliminate unexpected cost increases with flexible
    purchasing options
  • Maintains a local area presence, versus
    impersonal 800 number approach
  • Call data stored securely in-house, not
    remotely alongside competitors data
  • No time constraints for data storage, keep
    recordings as long as desired
  • Unrivaled customer service and support network

10
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