Sunday, November 27, 2011

Tip 1 - Focus On Your Customer, Not Your Inventory & Dealership

When a potential prospect reads your advertisement / letter, or brochure., the one thing they will be wondering from the start is: “what’s in it for me?” 

And if your advertisement doesn’t tell them exactly.... it’ll land in the trash faster than he can read the headline or lead. 

Most every advertiser makes this mistake. They focus on them as a company. How long they’ve been in business, who their biggest customers are, how they have the best vehicles... 

Actually, these are important, but they should be expressed in a way that matters to your potential customer. Remember, once they thrown it in the garbage, your sale is lost! 

When writing your sales copy, it helps to think of it as writing a letter to an old friend. In fact, I often picture a friend of mine who most closely fits my prospect’s profile. What would I say to convince this friend to try my product? How would I target my friend’s objections and beliefs to help my cause? 

When you’re writing to a friend, you’ll use the pronouns “I” and “you.” When trying to convince your friend, you might say: “Look, I know you think you’ve tried out every "thing" out there. But you should know that…”  

And it goes beyond just writing in the second person. That is, addressing your prospect as “you” within the copy. The fact of the matter is there are many successful ads that weren’t  written in the second person. Some are written in the first person perspective, where the writer uses “I.” Other times the third person is used, with “she,” “he,” and “them.” 

And even if you do write in the second person, it doesn’t necessarily mean your copy is about them. 

For example: 

“As a top rated Dealer you can take comfort in the fact that I’ve bought over 10,000 vehicles in the past 10 years and mastered the tricks of buying only the best vehicles”

 Although you’re writing in the second person, you’re really still focusing on yourself.

So how can you focus on them? Stay tuned for our next post.

Monday, November 21, 2011

Top Adertising Tips For Car Dealerships and Sales

You may be a Dealer Principal - but do you know what advertising is?

Is it clever slogans or amusing prose? Is it workmanship to be judged for an award or recognition?

No - it is none of the above. Advertising is salesmanship multiplied. Nothing more. 

And advertising copy, or copywriting, is salesmanship in print.  The purpose of a copywriter’s job is to sell. Period.

The selling is accomplished by persuasion with the written word, much like a television commercial sells (if done properly) by persuading with visuals and audio.

 As Claude Hopkins wrote in his timeless classic, Scientific Advertising:
“To properly understand advertising or to learn even its rudiments one must start with the right conception. Advertising is salesmanship. Its principles are the principles of salesmanship. Successes and failures in both lines are due to like causes. Thus every advertising question should be answered by the salesman's standards.

“Let us emphasize that point. The only purpose of advertising is to make sales. It is profitable or unprofitable according to its actual sales.

“It is not for general effect. It is not to keep your name before the people. It is not primarily to aid your other salesmen. Treat it as a salesman. Force it to justify itself. Compare it with other salesmen. Figure its cost and result. Accept no excuses which good salesmen do not make. Then you will not go far wrong.

“The difference is only in degree. Advertising is multiplied salesmanship. It may appeal to thousands while the salesman talks to one. It involves a corresponding cost. Some people spend $10 per word on an average advertisement. Therefore every ad should be a super-salesman.

“A salesman's mistake may cost little. An advertiser’s mistake may cost a thousand times that much. Be more cautious, more exacting, therefore. A mediocre salesman may affect a small part of your trade. Mediocre advertising affects all of your trade.”
These points are as true today as they were when they were written nearly one hundred years ago!

So the goal then becomes: how can you make your Dealership's advertising as effective as possible.

The answer to this is to test. Test again. And then test some more. 
If advertisement “A” receives a two percent response rate, and advertisement “B” receives three percent, then we can deduce that advertisement “B” will continue to outperform advertisement “A” on a larger scale.

Testing takes time, however, and can be expensive if not kept in check. Therefore, it’s ideal to start with some proven tested known ideas for your store - and work from there.

For example, if testing has shown for decades or more that targeted advertising significantly outperforms untargeted advertising (which it does), then we can start with that assumption and go from there.

If we know based on test results that crafting an ad that speaks directly to an individual performs better than addressing the masses (again, it does), then it makes little sense to start testing with the assumption that it does not. This is common sense.

So it stands to reason that knowing some basic rules or techniques about writing effective copy is in order. Test results will always trump everything, but it’s better to have a starting point before you test.

This is the intro for your the top 10 Advertising tips for your Dealership - that have been time-tested and known to be the most effective.

Stay tuned for our first post

Tuesday, November 15, 2011

What questions to ask to defining your Dealership's proper target market?

What are the most important questions you need to ask when it comes to defining the proper target market for your Dealership?

I know that that most every business or Dealer has not thought about who is their target market is. PLUS, they figure out elaborate concoctions as to why their product and service is needed by everyone in their city.. or Country.

But what I found, is that if you think that everyone can use your vehicles and service, you are simply throwing your money away by not finding the proper niche for your Dealership. What is a niche? How do you find your target Market?
  1. The best way is to survey the people who have already bought a vehicle from your store. Be sure to exclude friends and family who were obligated to buy from you.
  2. If you are a dealer, I urge you to go and sell 2 people that you do not have a relationship with.
    • You want to know that you can sell someone because as a dealer principal, that is your best skill for growth in the beginning stages
    • You need proof that have viable vehicles and service
  3. Then, Survey your new customers and review the following
    • What age is your customer?
    • Where do they live?
    • What sex?, family size?
    • Occupation, education level
    • Nationality
    • Lifestyle
  4. If you are just starting and need to find what makes a good niche for your dealership then take a good look at the list below and carefully answer these questions
    • Are you in a growing area for sales?
    • Do these prospects have money to buy? Why target poor college students?
    • Can they afford your vehicles and or auto service?
    • Does your location support a large enough population and / or nich to sell to?
    • Where are they located? Specific geographic region? Selling low end / high mileage vehicles in an affluent area?
  5. After determining a market, start thinking about why they would buy? What keeps your prospects up at night? Are you solving your prospects problem - vehicle wise or credit wise?
  6. Is there a related Dealer that is selling successfully in your area? Can you piggy back off of their success?
  7. Is there as similar Dealership selling to your niche that you can “copy” the strategy or advertise in the same media outlets since you see they are successful?
The obvious point here is the importance of developing a proper sales messages that this speaking directly to your proper market. They identify with your message and want to buy. When you talk directly to your prospect, you as the Dealer Principal, stop chasing and begin attracting the right clients because you are focused on your market.

As a last point, “use any information from your previous customers” so look at any information for your customers to find their existing data to find your target market, then construct all of your marketing messages to go hand in hand with this target.

Once you can answer these questions, you’re very likely to have true competitive advantage over your local competition in your city.

Looking for more ideas to increase your success: Go to http://www.automarketingprofits.com/automotive-marketing-books.html
to order "52 Free / Low Cost Marketing Strategies Guaranteed to Attract New Customers & Clients Into Your Auto Dealership In Any Economy".

Thursday, November 3, 2011

The Important Questions To Ask At Your Dealership

Most Dealer's don’t understand they are in the business of marketing their Dealership. Because, quite frankly, without marketing to attract new customers and to bring back old ones, you really have NO business.
There are so many other Dealers selling what you sell, you have to have a really good reason for actually being in business… and be able to answer a certain question when asked, effectively.
I always tell my members and clients, “The last thing you ever want to be compared to is just another Dealer.”  The country already has too many of you out there. So, why should I use you?
So, first question is,
“What is your compelling reason for being in business?” 
You can’t ignore this, or otherwise, you’re just another “average” Dealer.
Second question, which is the most important question to your future and/or current customers is:
“Why should I (your customer) choose to do business with you versus any and every other Dealer available to me?”
Dan Kennedy’s copyrighted question, in marketing terms is called a “Unique Selling Proposition” (or “USP” for short). A USP is made up of all the things that you have to say and offer. But a true USP is the thing or things that differentiate you, that you do differently, that are different by personality, price, offer, guarantee, whatever, so you stand out in a positive way.
Why should you create a USP? Here are several good reasons:
  • It gives you an incredible marketing advantage
  • Those that create a true USP experience huge growth
  • Without one, you’re are vulnerable to competition
  • It allows you to achieve “your own” clarity in your business (What you’re about; What you want people to think about your Dealership)
So, now that you understand WHY you should have a USP, can YOU answer the question that’s on the mind of all your prospective clients and customers?
I understand it’s not an easy question by any means and requires a lot of thought and work. But, then again, if every business truly could answer it, then we’d have a lot more businesses staying in business, wouldn’t we?
If you’re truly committed to increasing your profit at your Dealership, I want you to answer just one question:
  •  “Why should your prospects/customers choose to do business with your Dealership versus any and every other Dealer available to them… ?
Once you can answer these questions, you’re very likely to have true competitive advantage over your local competition in your city.
Looking for more ideas to increase your Dealership's success?
Go to http://www.automarketingprofits.com/automotive-marketing-books.html
to order "52 Free / Low Cost Marketing Strategies Guaranteed to Attract New Customers & Clients Into Your Auto Dealership In Any Economy".