gm esummit 2012 david kain breakout session

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In this presentation David Kain of KainAutomotive.com covers the 3 Keys to Digital Success in Automotive.

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Page 1: Gm eSummit 2012 David Kain breakout session
Page 2: Gm eSummit 2012 David Kain breakout session

A Dealer’s Guide to Digital Success: 3 Strategies that Drive Results!

David Kain President, Kain Automotive

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Credentials §  Owner of Kain Automotive, Inc., Automotive Sales Training

specializing in Internet Sales and Automotive Business Development Centers

§  Dealer's Choice Award winner as the #1 Rated Internet Training Company 2008, 2009, 2010, 2011 & 2012 in Auto Dealer Monthly

§  Co-Founder and COO of FordDirect.com

§  18 years automotive retail experience; Dealer partner in Jack Kain Ford §  12 years Dealer Principal

§  Served on 2000 Ford National Dealer Council

§  BBA in Marketing and Management from Eastern Kentucky University

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What is Digital Success?

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Digital Sales 2012

Gross Average

Digital Total 2012

x

=

300

$2,000

$600,000

Vehicle Sales Projections

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Yes! but

How?

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3 Strategies

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Proven Processes 1

The Right Structure 2

Skilled People 3

3 Strategies

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KainAutomotive Process, Structure & People Study

Overarching Study Results

§  Processes

§  Structures

§  People

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A Proven Process

I need…

Strategy # 1

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Connect, Appoint and Sell

3-Day Personal Push

Personal Call

Day 2

Quick Hello Email

Day 3

Manager Call

Manager Email

New Lead Received

Day 1

Auto Response Email

Review the Lead

1st Personal Call

Personal Email

Handwritten Note

2nd Personal Call

Personal Email

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The Two Week Press is designed to keep the customer excited about the benefits of buying

from your dealership.

Two Week Press

Quick Hello Email

Day 5

Personal Call

Survey Email

Day 8

New Info Email

Day 11

Personal Call

Orientation Email

Day 14

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Specials or General Marketing Email

Monthly Marketing Messages Until they Buy or Unsubscribe

2 x Month 1 x Month

Professional eNewsletter

Nurture Marketing

Day 21

Quick Hello Email

Day 28

Personal Call

Survey Email

Day 35

New Info Email

Day 42

Personal Call

Orientation Email

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KainAutomotive Study

FOLLOW-UP TIMELINE 1 to 10 days 4% >10 days 60 days 8% >60 days to 90 days 16% >90 days to 120 days 20% >120 days to 2 years 16% Until they buy or unsubscribe 36%

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Pre-Contact Checklist q  Where did the lead come from? q  Do I know this customer? Previous buyer? q  What are they asking for? q  Can I answer their question? q  What should I focus on? q  Should I call or email them? q  What objections should I plan for?

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Sell the reply Sell the call

Sell the visit Sell the car

Fundamental Tactics

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Advanced Tactics

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100% CRM Utilization

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The Right Structure

Strategy # 2

I need...

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20  

The Right Structure?

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KainAutomotive Study STRUCTURE Internet Salesperson 13% Internet Sales Team 20% Business Development Center 30% Hybrid – Internet Team & BDC 20% Internet Dealership 16%

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OR

Your Sales Team?

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Internet Salesperson

Internet Sales Team

Client Care Center / BDC

Internet Dealership

Structural Evolution

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“What’s Our Job Description?”

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Roles & Responsibilities Checklist

Handout

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Select the Right Candidates

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Individual Self Evaluation

Handout

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Internet Lead Volume: A Rule of Thumb Guide…

§  Full-time Internet salesperson A to Z §  60 - 80 leads per month depending on talent

§  Part-time Internet salesperson/Floor salesperson §  Up to 40 fresh leads per month

§  Full-time Appointment Setter/BDC Specialist §  Up to 150 fresh leads per month

(not including inbound calls)

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Our Managers…. Please check all that apply q  Are actively involved in developing our Internet business q  Helped design our Internet Sales Process for each department q  Outline goals and objectives monthly and measure results q  Are actively involved in our Internet Marketing actions q  Have designed pricing actions that are consistent with our process q  Oversee their inventory on the website like they do the sales lot q  Update their online specials each month q  Review the competitive marketplace and generate new Internet ideas q  Review lead sourcing and determine where to spend their budget q  Are a key reason why we are having Internet sales success

Total Points = 10 Points for each check mark

29  

Handout – Manager’s Drive Results

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My Role As a Manager Has Changed

“…I supervise the Floor, the Phone and the Internet – with equal awareness and energy”

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Design the Best Structure For Your Dealership

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Strategy # 3

Skilled People

I need…

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Skilled People

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Key Qualities

§  Great salesperson §  Adapts easily to

technology §  Great communicator §  Great typing/texting skills §  Strong product

knowledge §  Quality presenter

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KainAutomotive Study

EXPERIENCE LEVEL 6 months or less 0%

>6 months and 1 year 6.7%

>1 year to 2 years 13.3%

>2 years to 5 years 20%

>5 years to 10 years 36.7%

More than 10 years 23.3%

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Student of the Internet

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Click Where Your Customers Click

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100% of your OPPORTUNITIES will come from your

MARKETING

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100% of your RESULTS

will come from your PROCESS

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Questions

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Thank You!

David Kain President, Kain Automotive 859-533-2626 cell/text [email protected]

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Select Your Next Workshop!

Idea Exchange Workshops

Converting Leads

Digital Marketing

Social and Reputation Management

Dealer Executives

1:45 PM – 2:30 PM

Crafting a Quality Response Matthew Belk Better Car People

Using Mobile to Capture, Convert and Retain Customers Ben Anderson AutoMotion TV

Driving a Winning Online Reputation Jack Simmons Cars.com

Five Most Important Digital Reports for Dealers Jared Hamilton Driving Sales.com

Refer to your eSummit 2012 Conference Information form for workshop locations.

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