biggest miss in your car dealership's digital marketing strategy #dd16

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Biggest miss in your digital marketing strategy Paul Nadjarian Founder & CEO, Mojo Motors May 7, 2014 Paul Nadjarian Founder & CEO, Mojo Motors [email protected]

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MojoMotors.com Founder & CEO Paul Nadjarian spoke at the 16th Digital Dealer Conference in Atlantic City. He discussed the consumer shift from browsing-based platforms to alert-based platforms and why the automotive industry is behind other major industries like travel and real estate. His session outlined how alerts can drive urgency and the ingredients for a great alert.

TRANSCRIPT

Page 1: Biggest miss in your car dealership's digital marketing strategy #DD16

Biggest miss in your digital marketing

strategyPaul NadjarianFounder & CEO, Mojo Motors

May 7, 2014

Paul NadjarianFounder & CEO, Mojo [email protected]

Page 2: Biggest miss in your car dealership's digital marketing strategy #DD16

This guy is me. With more hair.

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 3: Biggest miss in your car dealership's digital marketing strategy #DD16

This is where I’ve worked.

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 4: Biggest miss in your car dealership's digital marketing strategy #DD16

Paul NadjarianFounder & CEO, Mojo

[email protected]

Warm Up

1. Consumer behavior is changing2. Alerts + Mobile are the future 3. Alerts + Mobile drive urgency

4. Urgency sells cars

Page 5: Biggest miss in your car dealership's digital marketing strategy #DD16

How do people use the web?

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 6: Biggest miss in your car dealership's digital marketing strategy #DD16

How do people use the web?

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 7: Biggest miss in your car dealership's digital marketing strategy #DD16

Zombie popularity since 2005

Paul NadjarianFounder & CEO, Mojo

[email protected]

Zombies

Used cars for sale

Page 8: Biggest miss in your car dealership's digital marketing strategy #DD16

How do car shoppers use the web?

ENTHUSIASTEVERYONE

ELSE

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 9: Biggest miss in your car dealership's digital marketing strategy #DD16

Enthusiasts <3 car shopping

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 10: Biggest miss in your car dealership's digital marketing strategy #DD16

Paul NadjarianFounder & CEO, Mojo

[email protected]

Everyone else does not <3 car shopping

Page 11: Biggest miss in your car dealership's digital marketing strategy #DD16

Behavior has shifted

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 12: Biggest miss in your car dealership's digital marketing strategy #DD16

History Lesson

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 13: Biggest miss in your car dealership's digital marketing strategy #DD16

History Lesson

• Web Focused• Find Flights• Book Flights

Flight Listings 1.0

• Mobile Focused• Shop like expert• Get price alerts

Flight Listings 2.0

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 14: Biggest miss in your car dealership's digital marketing strategy #DD16

History Lesson

• Web Focused• Post resume• Find job

Job Listings 1.0

• Create profile• Add connections• Alerts on Network

Job Listings 2.0

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 15: Biggest miss in your car dealership's digital marketing strategy #DD16

History Lesson

• Web Focused• Find Homes• Contact Realtors

Real Estate Listings

1.0

Paul NadjarianFounder & CEO, Mojo

[email protected]

• Mobile Focused• Shop like expert• Get price alerts

Real Estate Listings

2.0

Page 16: Biggest miss in your car dealership's digital marketing strategy #DD16

Evolution of alerts

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 17: Biggest miss in your car dealership's digital marketing strategy #DD16

Power of alerts

• Guide people through the funnel

Paul NadjarianFounder & CEO, Mojo

[email protected]

• Influence purchase decision

• Drive urgency

Page 18: Biggest miss in your car dealership's digital marketing strategy #DD16

Two Types of Alerts

Online

Push

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 19: Biggest miss in your car dealership's digital marketing strategy #DD16

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 20: Biggest miss in your car dealership's digital marketing strategy #DD16

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 21: Biggest miss in your car dealership's digital marketing strategy #DD16

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 22: Biggest miss in your car dealership's digital marketing strategy #DD16

Paul NadjarianFounder & CEO, Mojo

[email protected]

Price drop on 2013 Chevrolet Silverado

Page 23: Biggest miss in your car dealership's digital marketing strategy #DD16

Ingredients for a great alert

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 24: Biggest miss in your car dealership's digital marketing strategy #DD16

Ingredients for a great alert

Paul NadjarianFounder & CEO, Mojo

[email protected]

Big Data

Relevant & Credible

Creative & Intelligent

Mobile Optimization

Speed

Page 25: Biggest miss in your car dealership's digital marketing strategy #DD16

Ingredient #1: Data

Paul NadjarianFounder & CEO, Mojo

[email protected]

1. Collection2. Analysis3. Algorithms

Big Data

Page 26: Biggest miss in your car dealership's digital marketing strategy #DD16

Big Data

Relevant & Credible

Ingredient #2: Relevant & Credible

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 27: Biggest miss in your car dealership's digital marketing strategy #DD16

Big Data

Relevant & Credible

Creative & Intelligent

Ingredient #3: Creative & Intelligent

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 28: Biggest miss in your car dealership's digital marketing strategy #DD16

Big Data

Relevant & Credible

Creative & Intelligent

Mobile Optimization

Ingredient #4: Mobile Optimized

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 29: Biggest miss in your car dealership's digital marketing strategy #DD16

Ingredient #5: Speed

Paul NadjarianFounder & CEO, Mojo

[email protected]

Big Data

Relevant & Credible

Creative & Intelligent

Mobile Optimization

Speed

Page 30: Biggest miss in your car dealership's digital marketing strategy #DD16

Ingredient #5: Speed

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 31: Biggest miss in your car dealership's digital marketing strategy #DD16

Mobile Traffic

>50%>50%

>50%>50%>50%

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 32: Biggest miss in your car dealership's digital marketing strategy #DD16

Alerts are not a fad

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 33: Biggest miss in your car dealership's digital marketing strategy #DD16

Alerts are not a fad

Paul NadjarianFounder & CEO, Mojo

[email protected]

• 97% of people don’t know what a QR code is

• 90% of people read emails daily on their phone

• 75% of people want emails from brands

Source: Inc.com, HubSpot Study

Page 34: Biggest miss in your car dealership's digital marketing strategy #DD16

Alerts are not retargeting ads

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 35: Biggest miss in your car dealership's digital marketing strategy #DD16

Paul NadjarianFounder & CEO, Mojo

[email protected]

Alerts are not retargeting ads

Page 36: Biggest miss in your car dealership's digital marketing strategy #DD16

Alerts are not CRM

Page 37: Biggest miss in your car dealership's digital marketing strategy #DD16

Are you driving urgency with alerts and your website?

Paul NadjarianFounder & CEO, Mojo

[email protected]

Can we all agree…

Alerts drive urgency

Page 38: Biggest miss in your car dealership's digital marketing strategy #DD16

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 39: Biggest miss in your car dealership's digital marketing strategy #DD16

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 40: Biggest miss in your car dealership's digital marketing strategy #DD16

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 41: Biggest miss in your car dealership's digital marketing strategy #DD16

Paul NadjarianFounder & CEO, Mojo

[email protected]

Page 42: Biggest miss in your car dealership's digital marketing strategy #DD16

Paul NadjarianFounder & CEO, Mojo

[email protected]

Is your urgency credible?

Page 43: Biggest miss in your car dealership's digital marketing strategy #DD16

Paul NadjarianFounder & CEO, Mojo

[email protected]

Is your urgency credible?

Page 44: Biggest miss in your car dealership's digital marketing strategy #DD16

Paul NadjarianFounder & CEO, Mojo

[email protected]

Is your urgency credible?

Page 45: Biggest miss in your car dealership's digital marketing strategy #DD16

Paul NadjarianFounder & CEO, Mojo

[email protected]

Roundup

3. Alerts + Mobile drive urgency

1. Consumer behavior is changing2. Alerts + Mobile are the future

4. Urgency sells cars5. Don't get caught looks backwards

Page 46: Biggest miss in your car dealership's digital marketing strategy #DD16

Drop me a line…[email protected]

917-398-4060

Questions?