No matter how many years or how many generations your business has been in existence, you are starting a new business. Changes in our economy and society related to the pandemic have reset nearly everything… Read More »Re-creating Your “New” Business
Craig Sims, Vice President of Equifax Automotive Services, once said, “In the ideal world of the future, customers will be able to shop for and find the right vehicle for them, with the right payment,… Read More »Credit First: Missing Link in Dealership Digital Sales
Much the same as the way car repairs have evolved over the years, so has the entire dealership process. Recent events have created or accelerated the need for changes more rapidly than anyone expected. Change… Read More »7 Effective Ways To Embrace Change In Your Dealership Process
When your cars have no buyers, how do you prepare for the future? The transfer of new-to-used, used-to-auction, and rental-to-auction has been at a two-month standstill, and the cars are piling up. Just six to… Read More »Reconditioning Your Way to Profit if Used Car Values Tank
Revisiting the statistics to project second-quarter sales targets. Economy woes are on the minds of every business right now, and sales projections are likely to be disrupted. If you are trying to make sense of… Read More »Vehicle Demand in a Time of Disruption
Depending on when you read this, we are not there yet, but it feels like we may be getting closer to “new normal” and “post covid”. In the news, the headlines about when we will… Read More »How To Sell Cars In A Post Covid “New Normal”
In our article titled How To Market Your New or Used Car Dealership To Active Duty Military, we discussed how to market your dealership to active duty military personnel. But what about the twenty million… Read More »Marketing Your New And Used Car Dealership To Military Veterans
For obvious reasons now, the concept of essential and non-essential employees and remote workers has been thrust upon nearly every business in the world. Even though most dealerships are officially deemed essential businesses by the… Read More »The Remote Work Dealership – Is It Even Possible?
So much uncertainty has been thrown at the world this past month. This sudden left turn naturally leads each industry to take a look and try and see what is on the horizon so that… Read More »Banking On An Electric Vehicle Future? You May Need To Pump The Brakes
Social distancing is the end of in-person auto auctions, at least for a while. If you are like most auction companies, you have switched to simulcast. An online-only situation and a potentially declining demand for… Read More »How to Help Your Laid-Off Automotive Employees Manage Unemployment