Text Message Unleashing Untapped Potential: Text Messaging as a Game-Changer for Maximizing Pandemic-Induced Opportunities in Car Dealerships The COVID-19 pandemic and subsequent inventory shortages have presented unprecedented challenges for car dealerships worldwide. Limited new vehicle inventory and soaring prices have caused many potential car buyers to delay their purchases, resulting in a significant pool of untapped opportunities. As the market slowly normalizes and inventory levels gradually improve,
Artificial Intelligence Harnessing AI to Empower Salespeople: A Day One Success Story in Car Dealership Communication Innovation is the lifeblood of our software company, and recently, we took a significant leap into the future of customer communication. We harnessed the power of artificial intelligence (AI), specifically OpenAI's Chat GPT's API, to create an intelligent chat suggestion tool. Designed to learn from previous conversations and intuitively anticipate
Automotive Trade Shows The Decline of Trade Shows in the Car Business: A Shift from Education to Entertainment and its Consequences Trade shows have long been a staple in the car business, providing opportunities for vendors, dealerships, and industry professionals to network, learn, and stay updated on the latest trends. However, many argue that trade shows have transformed into social gatherings, focused more on wining and dining dealership staff than offering
Facebook Unmasking the Misleading Metrics in Automotive Facebook Marketing The automotive business is a dog-eat-dog world, with dealers constantly striving to stay ahead of the competition. Advertising often plays a crucial role in their success, but what if the very metrics they rely on are shrouded in deception? In this comprehensive analysis, we'll reveal the shocking truth behind a
Lead Follow Up The Art of Connection: Why Car Dealership Salespeople Should Pick Up the Phone In today's digital age, it's easy to rely on email and text messaging as the primary means of communication with potential customers. While these methods have their place, they should not replace the power of a good old-fashioned phone call. In the automotive sales industry, building strong relationships is paramount
Facebook April 2023 Facebook & Instagram ads that produced car deals for under $300 per car sold! Our system monitors four key performance indicators (KPIs) for leads generated through Facebook and Instagram: Cost per Lead, Cost per Appointment, Cost per Show, and Cost per Car Sold. The following examples showcase ads that resulted in car sales for under $300 per copy during their first month. Although these
Text Message Finding car deals FAST using Text Message! On Friday, April 28th, 2023, it's high noon at the Chevrolet dealership I co-own. We're eager to sell our stock of Silverados this month, offering a generous $8,000 discount off the MSRP for 2023 models. Our current pipeline comprises approximately 4,000 leads. With a conventional CRM system, it
Text Message Are CRMs turning salespeople into order taking button pushers? Have you ever looked at your sales team and found yourself thinking, "They sure don't make them like they used to"? Many seasoned managers in the car business have experienced the industry both before and after the advent of CRM systems. Interestingly, the very General Managers and General Sales Managers
TCPA AI Revolutionizes Compliance: Helping Automotive Dealerships Stay TCPA Compliant with Non-Standard Opt-Out Phrases The Telephone Consumer Protection Act (TCPA) was enacted in 1991 to protect consumers from unwanted telemarketing calls, unsolicited faxes, and automated text messages. In recent years, the automotive industry has increasingly relied on advanced communication technologies to engage with customers, raising concerns about TCPA compliance. However, artificial intelligence (AI) has
Lead Follow Up Revolutionizing Dealerships with TECOBI: Overcoming Obstacles and Reinventing Lead Follow-Up In 2017, TECOBI began as a Facebook marketing company for auto dealerships, offering a basic text messaging application to work with leads generated from social networks. We experienced rapid success due to the large lead volumes we were seeing from Facebook, signing up 130 dealerships nationwide in our first year.
