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Showing posts with label lead generating. Show all posts
Showing posts with label lead generating. Show all posts

Tuesday, February 23, 2016

Call-to-Action Recommendations for Automotive Websites

It's no secret that mobile device manufacturers are in a highly competitive market. So many options, and most people only pick one device every couple of years. I don't pay that much attention to the latest phone coming out, unless I'm actually in-market for a new one. When I am in the market, I spend some time researching what's available at that time (or within the months that follow) to see if it makes sense to wait. More on this in a minute.

As someone with a degree in psychology and who is, shall we say, heavily involved in marketing, I don't see advertisements like most people do. The average person listens to what the advertiser says; I pay more attention to how they say it. Sales is a process of skillfully guiding a prospect down the path you want them to go. If you've ever been in sales, you've likely heard the saying that the #1 thing that kills a sale is that the salesperson never actually asked for the sale.

From the standpoint of a website, a call-to-action is essentially "asking for the sale". It may not be an actual purchase, but let's look at a car salesman's website as an example. Let's say you're car shopping and end up on an auto salesperson's personal website. You learn a bit about the sales rep, how they grew up in the area, have 3 kids, and whatever else they present through their personal branding. Once you become comfortable with that salesperson and decide to enlist their services, what do you do next? Most people will say "head to the dealership", but that's only because you're reading this and imagining a page with a bunch of words on it, describing who the rep is. Imagine if the biography of the salesperson you just read also has a form on that page to schedule your personal appointment with them, or even a "click-to-call" button. Such a "call-to-action" is a logical "next step" for the website visitor, and helps to guide them where you want them to go. A call-to-action is essential.

In this case, the sales rep wants to collect that person's info. Doing so enables them to, at a minimum, follow up by email, phone, etc. If they can show their manager at the dealership that they had been working the lead when the prospect arrives at the dealership, that sale goes to them. If the prospect had simply learned about the sales rep then drove to the dealership, the prospect will most likely end up with another rep because they probably (1) forgot the sales rep's name, (2) forgot to ask for them, or (3) was simply approached by the hungriest rep at the store.

So what does all this have to do with mobile phones? I'll bring it home for you. I was recently on Twitter and noticed a pay-per-click ad from LG, promoting their new G5 smartphone. I'm not in the market for a new phone, but curious, I clicked on it and then the link they posted for info about the phone. It brought me to a decent micro-site for the G5 phone, complete with great photos and features. And that's it. No way to request more info, no way to pre-order one, and no way to even follow LG on social media for that matter. So I'm supposed to think of LG when I'm in the market for a new phone 3 months from now. With everything else going on in my head. And all the other ads I'll see between now and then. A simple form to submit an email for a reminder when it's available, or better yet, a form to pre-order the G5 would likely result in more sales. Even if it only generated one extra sale, the 10 minutes it would have taken to add that form to the site would have been worth it.

LG G5 Marketing Micro Site

Tuesday, November 11, 2014

Vehicle Descriptions - Do You Want More Leads or Fewer Leads that are Better Qualified?

Whenever I buy or sell a vehicle, I like to consider things that a dealer would normally face when marketing their vehicles. One such topic (which I've actually touched on in previous posts) is the age-old question of which is better, receiving a high number of leads (including, in large part, the tire-kickers), or receiving a much smaller number of leads that are better-qualified? Selling a vehicle recently I evaluated this question and have come to my own personal conclusion: more leads are better, even if many of them seem to be people who are bored and want to talk on the phone.

I had my 2004 Jeep for about 3 and a half years. For the past year and a half, I've had it listed on Autotrader with a high price on a run 'til sold listing, simply because even though I loved the car, if someone wanted it at my high price, I'd be willing to part with it. I'd get an occasional email about it, but nothing ever materialized. A few months ago I purchased a newer Jeep, so it was time to get serious about selling mine. I dropped the price so it was below Kelley Blue Book, wrote up a nice description, and had it listed on both sites.

Once I got serious and had a more reasonable price, the calls/emails ramped up a bit. Exactly what one would expect. I let the ad sit on both sites with the new price/description, but I still wasn't impressed with the results. I'd get people contacting me that were serious buyers, but nobody actually pulled the trigger on the purchase. I thought the price was right so maybe it was likely due to a lengthy description (credit due to my girlfriend for pointing this out too, and making me change it). I changed my 2-3 paragraph description to just a few sentences, being intentionally vague, and all of a sudden the phone began ringing again. Long story short, the shorter ad generated an immediate response, and the car sold within 48 hours of making that change. The take-away from this is that as a general statement, people are pretty lazy. People didn't want to read about all of the new parts I had installed, the difference between an Overland and a Laredo, or anything else I had written. Getting more leads meant I at least had the chance to sell them, whereas fewer leads meant many who may have been interested, simply didn't initiate the sales process.

What I learned from this (or more accurately, what I confirmed) is that for me personally, it was helpful to generate more leads, even if many of those were just asking questions that could have been answered by a long narrative description. It meant that it was on me to sell the vehicle, not the ad. In a dealership setting, I would recommend a balance...tell enough about the car to begin building value, but don't try to sell it before the customer even contacts you. For those dealers who write a lot as I'm inclined to be somewhat long-winded, you're going to turn some legitimate buyers away simply because they don't want to read everything you wrote. Just as price point is very important when selling, the description is equally important, and that includes the length of your description. Again, this is not really a revelation, but confirmation to me.

On a side note, I ran an experiment several years ago in the post "Will Cars Sell Better on Craigslist or Autotrader?" in which my vehicle ultimately got better response (and sold) as a result of Craigslist. That was many years ago, but it appears that Craigslist still outperformed Autotrader for my vehicle in 2014.

Friday, February 17, 2012

Dealers Listing Cars on Facebook

A new article was published today about the use of Facebook by retailers to promote their products. The original article is here and it got me thinking.

Car dealers are becoming more and more interested in promoting their dealerships on Facebook because let's face it, pretty much everyone is on Facebook. It's free, and there are hundreds of millions of people using the site regularly. While most successful dealers have at least set up a business page on Facebook and use it to interact with customers, other dealers use it to try and actually sell their vehicles to their followers/fans.

Some website providers these days offer to build a "tab" on the dealer's Facebook page which lists their entire inventory, just like their own website. The thinking is that potential customers (or anyone who "likes" the dealer's page) will click on that tab and browse their inventory. They feel that people will browse inventory on Facebook instead of actually going to the dealer's site and do it there. I personally have never bought into this, and today an article came out that suggests the same thing. (see the original article by clicking here).

On some levels it makes sense to market vehicles this way. If the people are there, then why not, right? Well the article I referenced quoted an analyst as saying for companies trying to sell their products through these means, "it was like trying to sell stuff to people while they’re hanging out with their friends at the bar." Furthermore, people would need to actively seek out the vehicle information, whereas the entire philosophy of Facebook is to push content to the user, so they don't need to seek it out. This is why we offer a different service to our clients where individual vehicles are posted to the dealer's Facebook wall. This way they actually show up in the fans news feed and get exposure. It's important to limit the frequency of these sort of posts, but that's another article for another day.

If major retailers like Gamestop, Gap, J.C. Penny, and Nordstrom have all pulled the plug on these Facebook storefronts, I have to think there's some validation to my beliefs. I know I don't shop on Facebook for anything. Sure, I may visit a retailer's page to see if they have any promotions going on or to see what other shoppers are saying about them, but if I want to buy something I head to the retailers own website. Getting people to change the way they shop online can happen, but I personally don't think it's going to happen anytime soon, and Gamestop (and the others) have proven that point as far as I'm concerned.

I'm curious to hear comments from others, but I'm especially curious to hear from car dealers (or salespeople) who have tried the inventory tab on their company Facebook page. Has it worked for you? Do you know how its use compares to your other Facebook activity in generating leads?


Friday, September 10, 2010

Something to remember when using Facebook for your car dealership

More and more dealers are turning to social media to generate exposure for their dealerships. This has been a growing trend for years, but I would compare it to the late 90's with dealership websites. More than 10 years after the inception of online classifieds and dealer website platforms and there are still a lot of dealers who have yet to invest any time in it. A lot of old school dealers think that because they sell enough cars without a website, there's no need for one. I hear a lot who say things like "we tried a website and didn't get any sales," or "people browse websites but don't buy anything". This same mentality often translates into newer trends such as social media.

Let's take a look at Facebook since it seems to be the most widely used. Hundreds of millions of people use Facebook, and not just for car shopping. Of course there are going to be people who aren't relevant to your car dealership because they're not researching car dealers there. What about the people who are relevant, i.e. the people who at some point in their lives will buy a car from a dealer?

We've had dealers set up a Facebook page and a week or two later abandon it because no car shoppers have contacted them directly through it. To effectively use Facebook one must realize that it's a newer concept than what they've done in the past, therefore it needs to be used and interpreted differently. Take for example my personal account with Facebook. I have many friends who have accounts, and I frequently talk to these friends on the phone. If I look at their Facebook pages, some of them haven't updated their status or done anything on there for months or even years. At times these same friends will ask me about things that I've posted like "so I see you bought a new car". So what you may ask. The point is that social media is different, and everyone uses it differently. Just because people may not leave comments on your dealership Facebook page doesn't mean it's not being seen. Taking it a step further, some of these people formulate opinions on your dealership based on what they see on your page, and often times these are the people that are walk-ins at your dealership.

Social media like Facebook is much more difficult to track effectively, and just because you only see the tip of the iceberg from the wheel room doesn't mean there isn't a lot of stuff below the surface that can impact your course. If you're a dealer using social media to generate exposure for your dealership, keep this in mind. Be vigilant even when it seems you're not accomplishing much on the surface, because usually it's what's below the surface that's most important.

Wednesday, June 16, 2010

Lead Response Times are Important

A recent shopping experience prompted me to write about lead response times, and you can probably guess why. I'm in the market for a boat, and I'm busy during the day so my shopping time is after the boat dealer is already closed. I recently found 3 boats at the same dealership which fit my needs as well as my budget.

I submitted a lead for 2 boats through the dealer's website (which was less than professional, but more on that later). I also submitted a lead for a 3rd boat through a 3rd party classified site. Here we are, more than 48 hours later and I still have not received a response from the dealer on either of the leads. Needless to say, I'm definitely not purchasing a boat from this seller.

I've heard some dealers say that web leads are mostly garbage and that serious shoppers will call. True, sometimes a phone up will be a more serious buyer, but that doesn't mean that all online lead submissions are worthless. Here I am with cash in hand, interested in purchasing inventory from the seller, and they don't feel the need to respond to me because of how I contacted them. A dealer is in business for one primary reason: to sell units. Why on earth would I plunk down thousands of dollars with a particular dealer if they aren't even responsive when I (among others) am the reason for their business being in existence? If they can't even be responsive to a sales lead, how would they be responsive to needs after the sale? A horrible website and no response to my inquiries adds up to an unprofessional dealer in my book.

Dealers should listen up. If you're not treating online leads as being important, you're literally throwing away money. Of course everybody would like to get emails with nothing but serious shoppers with cash in hand. You don't expect this from your walk-in traffic or phone ups, so why expect it from web leads? All lead sources are going to have good leads and bad leads. If you think one lead source produces leads that aren't worth your time, maybe you're showing some qualified buyers that you're not worth theirs.

Our Higher Turnover car dealers are trained on this from the moment they sign up with us. If someone submits a lead through their website, treat them as a valid lead, but more importantly, respond to them in a timely manner. Once they submit a lead on your site, chances are good that they move on to the competitor's site to continue shopping. We enable our dealers to receive SMS (text) messages the moment a new lead comes in. Using a service like this makes our dealers look more professional and attentive in dealing with customers, and that's what shoppers want when they're getting ready to spend thousands of dollars.