tips automotive marketing strategy for dealer websites

12
Traffic To Dealer’s Web Site Interactiv Web Site Process Sales 1500 (2%) 30 LEADS RECEIVED LEADS RECEIVED (25%+) 8 (50%) 4 (50%) 2 DEALS CLOSED DEALS CLOSED 7% 7% Closing Ratio Closing Ratio 3000 (4%) 120 (35%) 42 (80%) 34 (75%) 25 WHEEL WHEEL 21% 21% Closing Ratio Closing Ratio Appointments Scheduled Appointments Scheduled Appointment Shows Appointment Shows UNIQUE UNIQUE VISITORS VISITORS This TIPS eBusiness This TIPS eBusiness Model focuses Model focuses specifically on specifically on results from the results from the dealer’s own web site. dealer’s own web site. The numbers shown on The numbers shown on the wheel are not the wheel are not indicative of results indicative of results from 3 from 3 rd rd Party Leads. Party Leads. We will examine the We will examine the impact of 3 impact of 3 rd rd Party Party Provided leads in Provided leads in another version of the another version of the TIPS eBusiness Model. TIPS eBusiness Model.

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TIPS Automotive Marketing Strategy applied specifically to changes and improvements to Car Dealership eCommerce Websites.

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Page 1: TIPS Automotive Marketing Strategy for Dealer Websites

TrafficTo Dealer’s Web

Site

InteractiveWeb Site

Process

Sales

1500

(2%) 30LEADS RECEIVEDLEADS RECEIVED

(25%+)8(50%)4

(50%) 2DEALS CLOSEDDEALS CLOSED

7%7%Closing RatioClosing Ratio

3000

(4%)120

(35%) 42(80%) 34

(75%) 25

WHEELWHEEL

21%21%Closing RatioClosing Ratio

Appointments ScheduledAppointments ScheduledAppointment ShowsAppointment Shows

UNIQUE UNIQUE VISITORSVISITORS

This TIPS eBusiness This TIPS eBusiness Model focuses Model focuses

specifically on results specifically on results from the dealer’s own from the dealer’s own

web site. The numbers web site. The numbers shown on the wheel are shown on the wheel are not indicative of results not indicative of results from 3from 3rdrd Party Leads. Party Leads. We will examine the We will examine the impact of 3impact of 3rdrd Party Party Provided leads in Provided leads in

another version of the another version of the TIPS eBusiness Model.TIPS eBusiness Model.

Page 2: TIPS Automotive Marketing Strategy for Dealer Websites

TrafficTo Dealer’s Web

Site

InteractiveWeb Site

Process

Sales

1500

(2%) 30LEADS RECEIVEDLEADS RECEIVED

(25%+)8(50%)4

(50%) 2DEALS CLOSEDDEALS CLOSED

7%7%Closing RatioClosing Ratio

(2%) 60

(25%) 15(50%) 8

(50%) 4

WHEELWHEEL

7%7%Closing RatioClosing Ratio

Appointments ScheduledAppointments ScheduledAppointment ShowsAppointment Shows

UNIQUE UNIQUE VISITORSVISITORS

1. Develop Marketing Strategy2. Establish Marketing Budget3. Internal Customers

(Meetings & Signage)4. Existing Customer Base

(Email, Direct Mail,Telemarketing)

5. ALL Advertising to General Market(URL Everywhere)

6. Showroom Merchandising7. Collateral Materials8. Invite 3rd Party leads to

Dealer’s site in automated email response

9. Search Engine Strategy & Process

10. Autotrader.com Links to Dealer’s site

11. Yahoo Autos Links to Dealer’s site

12. Manufacturer site link-throughs

3000

BeforeAfter

Page 3: TIPS Automotive Marketing Strategy for Dealer Websites

TrafficTo Dealer’s Web

Site

InteractiveWeb Site

Process

Sales

1500

(2%) 30LEADS RECEIVEDLEADS RECEIVED

(25%+)8(50%)4

(50%) 2DEALS CLOSEDDEALS CLOSED

7%7%Closing RatioClosing Ratio

3000

(4%)120

(25%) 30(50%) 15

(50%) 8

WHEELWHEEL

7%7%Closing RatioClosing Ratio

Appointments ScheduledAppointments ScheduledAppointment ShowsAppointment Shows

UNIQUE UNIQUE VISITORSVISITORS

1. Easy Navigation – Launched Automark site2. Research – Factory Technology framed into

Automark site3. Find a Car (Real-Time Inventory Updates

from DMS)4. Preowned Photos, Prices & Complete

Descriptions 5. Trade Evaluations (KBB)6. Financing (Online Credit Application)7. Regional Promos uploaded weekly (new

specials)8. Price & Payment Specials on New & Used8. Site Forms customized for higher

submission9. Site Text customized for regional search

engine results10. Pop-up Window customization 11. Test Drive Appointment Scheduling12. Automark site w/additional customized

sections13. Online Service Department Scheduling & Tracking

14. Virtual Service Advisor (VSA)15. Online Accessories Catalog & Shopping

Cart16. Fleet & eBusiness Services Fulfillment

section17. Online Vehicle Insurance Quotes & Policies18. Management & Staff Direct Contact Access19. Multiple registered URL’s directed to site20. Search Engine strategy implemented…Many more site management capabilities

that dealer staff will explore with help from TAS Catalyst

BeforeAfter

Page 4: TIPS Automotive Marketing Strategy for Dealer Websites

TrafficTo Dealer’s Web

Site

InteractiveWeb Site

Process

Sales

1500

(2%) 30LEADS RECEIVEDLEADS RECEIVED

(25%+)8(50%)4

(50%) 2DEALS CLOSEDDEALS CLOSED

7%7%Closing RatioClosing Ratio

3000

(4%)120

(35%) 42(50%+)21

(50%) 11

WHEELWHEEL

9%9%Closing RatioClosing Ratio

Appointments ScheduledAppointments ScheduledAppointment ShowsAppointment Shows

UNIQUE UNIQUE VISITORSVISITORS

1. Lead Management Tool

2. Auto Responder3. Personal

Responses4. E-Mail Templates5. Multimedia

Messages6. 2-Way Pagers7. Telephone Contact

BeforeAfter

Page 5: TIPS Automotive Marketing Strategy for Dealer Websites

TrafficTo Dealer’s Web

Site

InteractiveWeb Site

Process

Sales

1500

(2%) 30LEADS RECEIVEDLEADS RECEIVED

(25%+)8(50%)4

(50%) 2DEALS CLOSEDDEALS CLOSED

7%7%Closing RatioClosing Ratio

3000

(4%)120

(35%) 42(80%) 34

(50%) 17

WHEELWHEEL

14%14%Closing RatioClosing Ratio

Appointments ScheduledAppointments ScheduledAppointment ShowsAppointment Shows

UNIQUE UNIQUE VISITORSVISITORS

1. Confirmation Call

2. Confirmation E-Mail

3. Rescheduling of “No Shows”

BeforeAfter

Page 6: TIPS Automotive Marketing Strategy for Dealer Websites

TrafficTo Dealer’s Web

Site

InteractiveWeb Site

Process

Sales

1500

(2%) 30LEADS RECEIVEDLEADS RECEIVED

(25%+)8(50%)4

(50%) 2DEALS CLOSEDDEALS CLOSED

7%7%Closing RatioClosing Ratio

3000

(4%)120

(35%) 42(80%) 34

(75%) 25

WHEELWHEEL

21%21%Closing RatioClosing Ratio

Appointments ScheduledAppointments ScheduledAppointment ShowsAppointment Shows

UNIQUE UNIQUE VISITORSVISITORS

1. F&I Process2. Pricing

Process3. Sales

Process4. Introduction5. Welcome

Board

1. Delivery Process2. Personal Web Page3. Introduce Service4. 1st Service

Appointment5. Loyalty Package6. Update on

Promotions

BeforeAfter

Page 7: TIPS Automotive Marketing Strategy for Dealer Websites

Traffic

InteractiveWeb Site

Process

Sales

1000

(5%)50LEADSLEADS

(25%)12.5(25%)3

(80%)2.5CLOSESCLOSES

5%5%Closing %Closing %

1. Develop Marketing Strategy2. Establish Marketing Budget3. Internal Customers (Meeting)4. Existing Customer Base

(Email, Direct Mail,Telemarketing)5. ALL Advertising (URL Everywhere)6. Showroom Merchandising7. Collateral Material4000

(10%)400

1. Easy Navigation 2. Research 3. Find a Car (Inventory Updated) 4. Used Vehicle Photos Posted 5. Weekly “Deal” Specials 6. Periodic Sales & Promotions 7. Rebates & Incentives Posted 8. Trade Evaluations 9. Financing Information10. Online Credit Application11. Test Drive12. Contact Us

1. Lead Management Tool

2. Auto Responder3. Personal

Responses4. E-Mail Templates5. Multimedia

Messages6. 2-Way Pagers7. Telephone Contact

(50%)200(50%)100

1. F&I Process2. Pricing

Process3. Sales

Process4. Introduction5. Welcome

Board(80%)80

1. Delivery Process2. Personal Web Page3. Introduce Service4. 1st Service

Appointment5. Loyalty Package6. Update on

Promotions

WHEELWHEEL

20%20%Closing %Closing %

AppointmentsAppointmentsAppts. ShowAppts. Show

1. Confirmation Call

2. Confirmation E-Mail

3. Rescheduling of “No Shows”

Page 8: TIPS Automotive Marketing Strategy for Dealer Websites

Traffic

InteractiveWeb Site

Process

Sales

1000

(5%)50LEADSLEADS

(25%)12.5(25%)3

(80%)2.5CLOSESCLOSES

5%5%Closing %Closing %

1. Develop Marketing Strategy2. Establish Marketing Budget3. Internal Customers (Meeting)4. Existing Customer Base

(Email, Direct Mail,Telemarketing)5. ALL Advertising (URL Everywhere)6. Showroom Merchandising7. Collateral Material4000

(10%)400

1. Easy Navigation 2. Research 3. Find a Car (Inventory Updated) 4. Used Vehicle Photos Posted 5. Weekly “Deal” Specials 6. Periodic Sales & Promotions 7. Rebates & Incentives Posted 8. Trade Evaluations 9. Financing Information10. Online Credit Application11. Test Drive12. Contact Us

1. Lead Management Tool

2. Auto Responder3. Personal

Responses4. E-Mail Templates5. Multimedia

Messages6. 2-Way Pagers7. Telephone Contact

(50%)200(50%)100

1. F&I Process2. Pricing

Process3. Sales

Process4. Introduction5. Welcome

Board(80%)80

1. Delivery Process2. Personal Web Page3. Introduce Service4. 1st Service

Appointment5. Loyalty Package6. Update on

Promotions

WHEELWHEEL

20%20%Closing %Closing %

AppointmentsAppointmentsAppts. ShowAppts. Show

1. Confirmation Call

2. Confirmation E-Mail

3. Rescheduling of “No Shows”

Page 9: TIPS Automotive Marketing Strategy for Dealer Websites

Traffic

InteractiveWeb Site

Process

Sales

1000

(5%)50LEADSLEADS

(25%)12.5(25%)3

(80%)2.5CLOSESCLOSES

5%5%Closing %Closing %

1. Develop Marketing Strategy2. Establish Marketing Budget3. Internal Customers (Meeting)4. Existing Customer Base

(Email, Direct Mail,Telemarketing)5. ALL Advertising (URL Everywhere)6. Showroom Merchandising7. Collateral Material4000

(10%)400

1. Easy Navigation 2. Research 3. Find a Car (Inventory Updated) 4. Used Vehicle Photos Posted 5. Weekly “Deal” Specials 6. Periodic Sales & Promotions 7. Rebates & Incentives Posted 8. Trade Evaluations 9. Financing Information10. Online Credit Application11. Test Drive12. Contact Us

1. Lead Management Tool

2. Auto Responder3. Personal

Responses4. E-Mail Templates5. Multimedia

Messages6. 2-Way Pagers7. Telephone Contact

(50%)200(50%)100

1. F&I Process2. Pricing

Process3. Sales

Process4. Introduction5. Welcome

Board(80%)80

1. Delivery Process2. Personal Web Page3. Introduce Service4. 1st Service

Appointment5. Loyalty Package6. Update on

Promotions

WHEELWHEEL

20%20%Closing %Closing %

AppointmentsAppointmentsAppts. ShowAppts. Show

1. Confirmation Call

2. Confirmation E-Mail

3. Rescheduling of “No Shows”

Page 10: TIPS Automotive Marketing Strategy for Dealer Websites

Traffic

InteractiveWeb Site

Process

Sales

1000

(5%)50LEADSLEADS

(25%)12.5(25%)3

(80%)2.5CLOSESCLOSES

5%5%Closing %Closing %

1. Develop Marketing Strategy2. Establish Marketing Budget3. Internal Customers (Meeting)4. Existing Customer Base

(Email, Direct Mail,Telemarketing)5. ALL Advertising (URL Everywhere)6. Showroom Merchandising7. Collateral Material4000

(10%)400

1. Easy Navigation 2. Research 3. Find a Car (Inventory Updated) 4. Used Vehicle Photos Posted 5. Weekly “Deal” Specials 6. Periodic Sales & Promotions 7. Rebates & Incentives Posted 8. Trade Evaluations 9. Financing Information10. Online Credit Application11. Test Drive12. Contact Us

1. Lead Management Tool

2. Auto Responder3. Personal

Responses4. E-Mail Templates5. Multimedia

Messages6. 2-Way Pagers7. Telephone Contact

(50%)200(50%)100

1. F&I Process2. Pricing

Process3. Sales

Process4. Introduction5. Welcome

Board(80%)80

1. Delivery Process2. Personal Web Page3. Introduce Service4. 1st Service

Appointment5. Loyalty Package6. Update on

Promotions

WHEELWHEEL

20%20%Closing %Closing %

AppointmentsAppointmentsAppts. ShowAppts. Show

1. Confirmation Call

2. Confirmation E-Mail

3. Rescheduling of “No Shows”

Page 11: TIPS Automotive Marketing Strategy for Dealer Websites

Traffic

InteractiveWeb Site

Process

Sales

1000

(5%)50LEADSLEADS

(25%)12.5(25%)3

(80%)2.5CLOSESCLOSES

5%5%Closing %Closing %

1. Develop Marketing Strategy2. Establish Marketing Budget3. Internal Customers (Meeting)4. Existing Customer Base

(Email, Direct Mail,Telemarketing)5. ALL Advertising (URL Everywhere)6. Showroom Merchandising7. Collateral Material4000

(10%)400

1. Easy Navigation 2. Research 3. Find a Car (Inventory Updated) 4. Used Vehicle Photos Posted 5. Weekly “Deal” Specials 6. Periodic Sales & Promotions 7. Rebates & Incentives Posted 8. Trade Evaluations 9. Financing Information10. Online Credit Application11. Test Drive12. Contact Us

1. Lead Management Tool

2. Auto Responder3. Personal

Responses4. E-Mail Templates5. Multimedia

Messages6. 2-Way Pagers7. Telephone Contact

(50%)200(50%)100

1. F&I Process2. Pricing

Process3. Sales

Process4. Introduction5. Welcome

Board(80%)80

1. Delivery Process2. Personal Web Page3. Introduce Service4. 1st Service

Appointment5. Loyalty Package6. Update on

Promotions

WHEELWHEEL

20%20%Closing %Closing %

AppointmentsAppointmentsAppts. ShowAppts. Show

1. Confirmation Call

2. Confirmation E-Mail

3. Rescheduling of “No Shows”

Page 12: TIPS Automotive Marketing Strategy for Dealer Websites

Traffic

InteractiveWeb Site

Process

Sales

1000

(5%)50LEADSLEADS

(25%)12.5(25%)3

(80%)2.5CLOSESCLOSES

5%5%Closing %Closing %

1. Develop Marketing Strategy2. Establish Marketing Budget3. Internal Customers (Meeting)4. Existing Customer Base

(Email, Direct Mail,Telemarketing)5. ALL Advertising (URL Everywhere)6. Showroom Merchandising7. Collateral Material4000

(10%)400

1. Easy Navigation 2. Research 3. Find a Car (Inventory Updated) 4. Used Vehicle Photos Posted 5. Weekly “Deal” Specials 6. Periodic Sales & Promotions 7. Rebates & Incentives Posted 8. Trade Evaluations 9. Financing Information10. Online Credit Application11. Test Drive12. Contact Us

1. Lead Management Tool

2. Auto Responder3. Personal

Responses4. E-Mail Templates5. Multimedia

Messages6. 2-Way Pagers7. Telephone Contact

(50%)200(50%)100

1. F&I Process2. Pricing

Process3. Sales

Process4. Introduction5. Welcome

Board(80%)80

1. Delivery Process2. Personal Web Page3. Introduce Service4. 1st Service

Appointment5. Loyalty Package6. Update on

Promotions

WHEELWHEEL

20%20%Closing %Closing %

AppointmentsAppointmentsAppts. ShowAppts. Show

1. Confirmation Call

2. Confirmation E-Mail

3. Rescheduling of “No Shows”