I’d like to think that by now most dealerships have a written Internet sales process to handle Internet leads effectively. As the documented, researched and confirmed driver of “lead quality,” an established process is the key to obtaining a maximum ROI from Internet leads. Though many dealers are allocating a substantial portion of their marketing budget to attract Internet leads, many are still not achieving the recommended minimum of five times their ROI on those dollars spent, even with a “good process”. Why not?

 

Very often, accountability is the missing link between a written process and lack of desired ROI. How easy is it for an Internet salesperson to check off tasks as completed when they are not, or to say “I’ve tried calling that person three times and they haven’t called me back. What’s the point?” A good process that isn’t followed is the same as having no process at all—both salespeople and managers must be held accountable to following that process.

 

Here are a few tips to help weave accountability into your processes:

 

Does Your Team Own It? Accountability is about ownership – do your salespeople own the process? Ownership means more than just knowledge of the process, it’s belief in the process and its consistent execution. As a manager, if you want to hold people accountable you have to reinforce WHY they should be following the process and instill the belief that their personal results will improve. Call out individual successes that reinforce that following the process yields personal returns.

 

Review the Internet Sales Process.  Does it mirror the showroom sales process? In the showroom process, there’s always room for interaction with management. Salespeople have check points throughout process; the test drive, desk log and the write-up. In many stores, managers walk the lot and showroom and inject themselves in the process to ensure everything stays on track. Is management involved throughout your Internet sales process, only at the end, or not at all? Create availability of management to the Internet team and reinforce the need for manager involvement.

 

Openness and Competition. Nothing breeds accountability like visibility. Show the whole team where all of them rank in your key performance areas and include the steps of the sale (i.e. contact rate, appointment rate, show rate), not just sales volume. Regularly review team results in a group, calling out the best at execution, and schedule individual meetings for coaching and personal accountability.

 

What are your tips for improving accountability? What tips do you have for managers and for salespeople? 

Since more than 80% of your customers are likely to finance or lease a vehicle, when is the right time to bring up this potentially touchy subject? Is it better to pre-qualify or not to pre-qualify your Internet leads? Josh Vajda, Director of Inside Sales for AutoUSA, shares some tips. www.autousadealers.com

Fort Lauderdale, FL – February 4^th, 2013 — AutoUSA Internet Sales Solutions (www.autousadealers.com) announced today that its recently launched website conversion tool, Payment Pro ℠, is transforming the customer buying experience on auto dealership websites. A vital part of the buying process for most consumers is credit eligibility and monthly payment affordability, but current website tools such as estimated payment calculators and long-form credit applications fall short of consumer needs. Payment Pro is the only website conversion tool that offers accurate payment quotes to consumers without requiring personal information, resulting in pre-qualified leads directly from a dealer’s own website.

 

“The feedback we are getting from dealers using Payment Pro is that customers really like the fact they can get a real payment quote without having their credit checked which can negatively impact scores,” said Phil DuPree, President of AutoUSA.

 

Payment Pro, powered by DriveItNow, is also the only solution offering customers a method for getting pre-qualified via their mobile device. Approximately 20% of new-vehicle buyers use smartphones or tablets close to the time of their purchase, according to the 2012 New Autoshopper Study by J.D. Power and Associates. Google forecasts that number may rise to 47% in 2013.

 

M’Lady Nissan in Crystal Lake, IL has been using Payment Pro on its website since October 2012. Soon after installation, Operations Manager Patti Scipione noticed a significant number of new leads from Payment Pro. “These leads are very qualified and we are closing them at an average rate of 40%,” said Scipione. “This month (January 2013) we received 28 leads and so far I’ve sold 14 of them. It’s the best new product I’ve tried in a couple years and I’m very happy with it.”

 

Tony Rehn, General Manager of Evergreen Ford in Issaquah, Washington, appreciates the level of transparency that Payment Pro offers.  “Car shoppers have plenty of choices when it comes to inventory and low prices, but they don’t know what will happen when they go into a dealership for the financing aspect of it,” he says. “Some dealers may surprise them with high interest rates. That’s not what we do and I want customers to know that.” He adds that Payment Pro enables customers to get further down the funnel on Evergreen Ford’s website, so that once they know their monthly payment and their interest rate, there’s nothing left for them to do but come in and take delivery.

 

In the three months prior to purchasing a vehicle, 31% of car buyers perform at least one “low-funnel” Key Performance Indicator (KPI) online; such as request a quote, locate a dealer, use a calculator, search inventory and review financing options (source: Online Shopping Behavior by Yahoo! Autos and Compete). Payment Pro converts these low-funnel car buyers into leads at a rate higher than conventional estimated payment calculators and long-form credit applications.

 

Payment Pro is powered by DriveItNow and sold by AutoUSA Internet Sales Solutions. To see a demonstration of Payment Pro visit www.paymentprodemo.com or visit Booth #274 at the NADA Convention & Expo this week in Orlando, Florida.

 

 

About AutoUSA Internet Sales Solutions

 

AutoUSA Internet Sales Solutions brings the best-in-class tools to increase Internet sales and lower costs for automotive dealerships. Leading products include Payment Pro^SM, a payment-based pre-qualification tool for dealer websites; ShowPro^SM incentive program, proven to turn more leads into shows; Leads&Listings^SM, providing the highest quality, new and used car email and phone leads from 100+ sites; PowerListings^SM 2.0, helping dealers increase traffic to—and leads from—their social media sites; and AVA Virtual Sales Assistant, helping dealerships manage more leads at a reduced cost. AutoUSA products are currently benefiting thousands of active dealers all across the U.S.

 

For more information, visit AutoUSA’s web site, subscribe to our blog at http://blog.autousadealers.com, follow us on Twitter @AutoUSALeads and “Like” us on Facebook at /AutoUSADealers

 

In October, we facilitated a panel called “The Five Things in Common That Successful Internet Departments Share” at the 13^th Digital Dealer Conference & Exposition in Las Vegas. We were thrilled to have over 200 attendees and want to thank our panelists for doing a great job. We decided to share some tips from our panelists for the benefit of all who couldn’t make it to the conference in hopes that you’ll find it as helpful as the attendees did.

 

Our panelists included:

- Greg Coleman, Director of Business Development & E-Commerce Director, Lexus Store of Lexington & Toyota of Nicholasville

- Justin Brun, E-Commerce Manager, Acton Toyota of Littleton

- Richard Tolsma, Internet Manager, Dan Wiebold Ford, Idaho

- Ray Fenster, President & CEO, RayFenster.com, LLC

- Dennis Colome, Vice President Sales & Marketing, eXteres Auto

 

Here’s a summary of some tips from their discussion:

 

1)      Boost your phone call volume without paying additional money: “Make your phone number prominent on every website page. In addition, include your phone number in the website page title and description.” – Ray Fenster

 

2)    Relevance is content, not just keywords. “Don’t ‘keyword stuff’ your website search terms, i.e. don’t go after every city in the state. Google is onto this and no longer allows it.”  – Dennis Colome

 

3)    All leads are created equal. “Our dealership uses a strict 180-day process for follow up. Once a lead reaches 60 days with no contact, then the process becomes automated.” – Richard Tolsma

 

4)    Turn your “dead” leads into service opportunities. “If a customer isn’t ready to buy a car, give the lead to fixed ops to market and see if they can get that customer in for service. Something like 80% of service customers will buy a new car from that dealership. The closing percentage goes way up.” – Ray Fenster

 

5)    Don’t be afraid to share pricing, just be smart about it. “Be up front in your pricing, but be sure to give the customer several pricing options. Give them the price for the vehicle they inquired about, then follow up with second and third pricing options that are lower.” – Dennis Colome

 

6)    Generic responses don’t add value to the conversation. “Respond to specific questions and concerns in the customers’ initial e-mails. Also acknowledge the source from where the lead came; for example, if you get a lead from ZAG American Express, mention something about the program and how exclusive it is and how happy you are to be working with them.” – Justin Brun

 

 

7)    Have a pricing strategy. “When responding to pricing questions, use a “we start as low as” strategy and show the customer the option, i.e. a Toyota-Corolla. Giving them the lowest price on the lowest model will set their expectations and they usually upsell themselves. The vast majority of our customers buy a different vehicle than they originally inquired about.”  – Greg Coleman

 

8)    Be patient. “Third party leads typically research five to six vehicles on the third-party sites because they are looking for unbiased info. When they submit leads they are often three to four months out, so work with them for a while. True ROI has to be measured over time.” – Dennis Colome

 

9)    Know Your Market. “We perform a competitive analysis via e-mails and mystery shopping websites and third-party sites, and build a pricing matrix based upon the information gathered. On new vehicles we found our competitors are just showing the MSRP; so by displaying that number minus any available rebates, we automatically show a lower price than what’s in the market.” – Greg Coleman

 

10)Trends are worth more than ‘snapshots’. “When you report to management, they want to see results. Whatever program or product you are reviewing, show 30-day, 60-day and 90-day snapshots so they can see trends as to what’s working and what isn’t. Don’t be afraid to get rid of what’s not working. Not all products work for all dealerships.”  - Ray Fenster

 

Which is your favorite “top tip?” What are you doing in your department that works? What’s your “top tip” to share with other Internet sales personnel? 

 

Josh Vajda compares salespeoples' lack of response to Internet leads with ignoring showroom customers, and gives three tips to ensure your Internet customers don't get ignored.

I’ve always believed that Internet customers have the same objectives—and objections—as showroom customers: the only difference is the way they choose to contact the dealership. So it’s interesting to me when I hear from salespeople who have different expectations from their Internet leads than they do from their showroom guests.

 

Take the classic on-the-lot objection, “I’m not looking,” or “I’m just looking but not buying today.” When a customer visits a showroom and a salesperson hears that phrase, what is the proper response? Get angry? Refuse to help that customer? Pass them off to a co-worker? Of course not. It’s pretty well accepted that “I’m not looking” is code for “don’t pressure me,” and it’s the first objection we train our salespeople to deal with when they start their career.

 

In such a situation, it’s generally accepted that the salesperson should immediately set the customer at ease. Acknowledge that it’s OK for the customer to just look, and offer to be a resource for them. It doesn’t mean that the customer won’t buy on that visit or that you won’t ask for the sale when the time is right—but they’ve told you the time isn’t right yet. So you work the process, build value in yourself, the dealership and the vehicle of interest, and take them as far as you can during their visit. And if they leave after your best efforts?  Be friendly, offer to help with whatever they need going forward, then follow up, follow up, follow up.

 

Now, let’s say that a salesperson is sitting at their computer looking at a response from an email sent to an Internet lead. They read “I’m not in the market,” or “I’m just doing research right now, I’m not planning to buy for a while.” The salesperson rolls their eyes, complains that they shouldn’t have gotten the lead, and immediately closes the lead out. That’s the equivalent of a lot drop after the greeting.

 

Why would they treat that Internet lead any differently than a showroom customer? Here are a few reasons why the response should be the same:

 

1) Both showroom and Internet customers have to be brought down funnel. A salesperson has to earn the right to ask a customer for the sale.

 

2) Both showroom and Internet customers ARE in the market for a vehicle, despite their objections. Why would anyone take the time to visit a dealership or submit an online lead (which does take some time) if they’re not?

 

3) Both showroom and Internet customers have the same first-contact conversion rates. NADA estimates that the conversion rate for first-time, walk-in showroom customers is 12-15%. The average dealership’s close rate for Internet leads from all sources combined is 10-15%.

 

Wait a second, you’re thinking. Any decent salesperson can close 30-40% of showroom ups. Maybe even 50%. But that figure includes prospects from a variety of sources; appointments, referrals, repeat visits and first-time walk-ins, all combined. If a floor salesperson was assigned to first-time walk-ins only, they’d close 12-15%. We know that “the point” is the least-productive place to spend your day, and your planner’s where you make your money.

 

4) Appointments set with “be-backs” and Internet customers alike show about the half the time. Of those, most stores close upwards of 50%. Customers who set and show up for appointments are more likely to buy, regardless of whether they first contacted the dealer through the Internet or by walking onto their lot.

 

When faced with objections from Internet leads, some salespeople tend to give up more quickly than they would with a walk-in. But if they invest the same time and effort as they do with showroom customers, focusing on working the sales process and earning the right, they’ll get results. Make the customer comfortable, offer to be a resource, bring them down funnel, and Internet lead conversion rates will improve.

 

What tips do you have for the “I’m just looking” or “I’m not in the market” objection? Do you think the same tactics that work in the showroom are successful with Internet leads?

Josh Vajda, Director of Inside Sales at AutoUSA, shares tips on how dealerships can turn more leads into shows.