phil penton – social media for dealerships

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Social Media for Dealerships Presented by Phil Penton Partner and President of Social Dealer Page: 41

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Social  Media  for  Dealerships  

Presented  by  Phil  Penton  Partner  and  President  of  Social  Dealer  

Page:  41  

Using  industry-­‐leading  automo2ve  technology    

Social  Media  Reputa2on  

ABOUT  SOCIALDEALER  SOCIALDEALER  is  a  reputaEon  and  social  media  management  plaGorm  created  to  help  automoEve  dealers  easily  manage  their  social  profiles,  customer  reviews,  content  and  even  engage  with  consumers,  all  through  one  centralized  web  applicaEon.      

One    So;ware  

CONVERT  

•  Promote  

•  Referrals  

•  RetenEon  

•  Grow  sales  

LEAD  GENERATION  

CONNECT  

•  Connect  w/consumers  

•  Build  relaEonships  

•  Grow  loyal  fan  base  

•  Reach  viral  audience  

SOCIAL  MEDIA  

Strategy  for  Success  

ATTRACT  

•  Build  buyers’  confidence  

•  Get  more  reviews  

•  Gain  public  image  

•  Share  posiEve  reviews  

REPUTATION  

ATTRACT  

CONNECT  

CONVERT  

What  is  a  Social  Dealer?  

IN  2008  CUSTOMERS  VISITED  3.6    DEALERS  BEFORE  PURCHASING  A    VEHICLE  –  TODAY  ITS  LESS  THAN  1.8  

REVIEWS  ARE  USED  TO  ELIMINATE  DEALERS!  

73%   Of  consumers  consulted  online  dealership  reviews  

Reason  1:  

Source:  Yahoo  

REVIEWS  AND  RATINGS  ARE  IN  YOUR  SEARCH  RESULTS  .  .  .  

THE  AVERAGE  METRO  DEALER..  

Reason  2:  

Reason  3:  

Reviews  have  gone  MOBILE  where  customers  can  see  your  reviews  instantly!    Reviews  are  dominant  in  Apple’s  iOS  6  for  iPads  and  iPhones  

20%

31%

5% 7% 0%

8%

29%

Yelp rounds out the top three reputation sites in terms of Monthly

Unique Visitors

Yelp

Google Plus Cars.com

Edmunds

Yelp Reviews display automatically in Mobile Search Results

Yelp: Why is it important?

REPUTATION  AFFECTS  LEADS  Reason  4:  

No  stars  

1  star  

A  2.7  RaEng  between  two    5  star  dealers  

A  SUCCESSFUL  REPUTATION  STRATEGY  INCLUDES:  

RESULTS:  Get  more  reviews,  Improve  your  average  raEng,  and  drive  more  opportuniEes!  

1. Monitor all review sites

2. Use reviews as a means to measure & improve

3.Respond to all reviews

4. Get more positive reviews

5. Promote positive reviews

Reputation Dashboard

Have positive reviews been promoted on your social sites? Have all the negative reviews

been responded to? Where do you need more positive reviews to bring up your average?

“PUBLIC CSI”

Monthly  Unique  Visitors  on  Review  Sites  

•   Monthly  Unique  Visitors  provided  as  of  8/20/12  from  compete.com  

 20,900,000    

 33,000,000    

 4,800,000      7,400,000    

 307,000    

 8,400,000    

 30,700,000    

Yelp  

Google  Plus  

Cars.com  

Edmunds  

DealerRater  

Yahoo  Local  

Yellow  Pages  

Total  Reviews  by  Review  Source  

22%  

9%  

11%  2%  

56%  

Honda  15%  

8%  

31%  3%  

43%  

NE  Region  Dealers   Google  Yahoo  Yelp  Yellowpages  Dealer  Rater  

24%  

14%  

9%  2%  

51%  

Chevrolet  

Total  Average  RaEng  by  Review  Source  

Google Yahoo Yelp Yellow Pages

Dealer Rater

NE Region 3.11 2.57 2.46 2.07 3.53 Toyota 3.15 3.86 3.07 3.87 4.47 Honda 3.52 3.82 2.8 3.81 4.48 Chevrolet 3.36 3.73 3.3 3.88 4.56

0 0.5

1 1.5

2 2.5

3 3.5

4 4.5

5

NE Region Toyota

Honda

Chevrolet

RESPOND  TO  REVIEWS  

•  Respond  quickly  •  Do  not  use  a  template  response  

•  Research  before  responding  •  Use  this  as  an  opportunity  to  learn  and  improve  

Helpful  Safety  Tips  

IN  YOUR  REVIEW  RESPONSE  

•  Apologize    •  Empathize    

•  How  you  will  rec2fy  the  situa2on.      •  Be  conversa2onal  and  be  personal.    •  Never  a`ack  or  argue  •  Restate  your  commitment  to  service  

What  to  include:  

In-­‐Store  PromoEons  GET  MORE  REVIEWS  

In-­‐Store  Processes  GET  MORE  REVIEWS  

•  Measure,  Review,  Change,  Repeat  

•   Touch  Point  Training  

•   Inspect  What  You  Expect  

•   Align  Financial  RecogniEon  

BUILDING YOUR AUDIENCE

1.   Getting Users to Engage & Share your content is difficult

2.   Dealers have limited Staff and Budget to Efficiently Manage All Aspects of Social Media

3.   Social Media Is Very Large & Complex – Requires significant Time to be effective

4.   ROI is not immediately recognizable in social media

SOCIAL MEDIA CHALLENGES FOR DEALERS

A SUCCESSFUL SOCIAL MEDIA STRATEGY INCLUDES:

RESULTS: Attract local fans that have the potential to turn into customers and generate more leads!

1. Capture all relevant social information

2. Create an environment to engage

3. Target In-Market Prospects & Customers

4.Engage with fans to reach their friends

5. Build a Sales Pipeline

BUILD IN-MARKET FANS

WHERE DO THESE CONVERSATIONS TAKE PLACE?

IT TAKES PLACE IN NEWSFEED

When you are in the news feed, you are in the palm of your customer’s

hand.

People  are  extremely  engaged  on  Facebook…  

Source:  Facebook  internal  data,  June  2012.  

1B  stories    posted  every  day  

(US,  average)  

70%  Of  households  who  

bought  a  car  in  2012  are  on  Facebook  

And  they’re  interacEng  with  each  other  

40B+  news  feed  impressions  every  day

(US, average)

Source:  Facebook  internal  data,  August  2012.  

U.S.  ACTIVE  FACEBOOK  USERS  RETURNING  DAILY  

Source:  Facebook  Internal  Data,  June  2012  

AVG. NUMBER OF FRIENDS  

276  

179  MILLION ACTIVE USERS

142  MILLION

MOBILE USERS

Americans  on  Facebook  are  very  engaged    

72%  

Your  customers  are  on  Facebook  

55%  WORLDWIDE  

Seven  out  of  ten  internet  users  in  the  U.S.  are  on  Facebook    

Source:  comScore  Media  Metrix,  August  2012  

69%  OF  INTERNET  

USERS  VISITED  

FACEBOOK  

American  Facebook  users  represent  the  full  populaEon…  

 20%  

17%  18%  19%  

23%  

55+  45-­‐54  35-­‐44  25-­‐34  13-­‐24  47%  FEMALE  

53%  MALE  

Source:  comScore  Media  Metrix,  August  2012  

1.6x  more  

likely  to  use  FB  

Age  of  Facebook  users  

6:02  

Facebook  Microso;TM   YahooTM   GoogleTM   Facebook  Microso;TM   YahooTM   Twi`erTM  

…  for  more  Eme  …  

Source:    Desktop:  comScore  global  monthly  data,  September  2012;  Mobile::  comScore  US  monthly  data,  September  2012    

InstagramTM   GoogleTM  

8:55  

4:10  

3:27  

2:26  

4:54  

4:31  

2:27  

1:35  

1:10  

Hours  per  month  per  user  on  mobile  (US)  Hours  per  month  per  user  on  desktop  (US)  

Sponsored stories to reach people you are connected to AND THEIR FRIENDS ADS

Ads to reach people you are NOT connected to (new audiences) in the voice of the brand

Homepage Homepage

Mobile

Ads:    New  audiences  

Page post from Page Sponsored stories*:    Fans  and  their  friends  

How  ads  and  sponsored  stories  work  together  From  a  Page  Post  

 

*People are seeing a story that they could have seen in their news feed. A business has paid to ensure that the viewer sees a story that they may have seen anyway in their news feed.

*People are seeing a story that they could have seen in their news feed. A business has paid to ensure that the viewer sees a story that they may have seen anyway in their news feed.

Homepage

Mobile

Sponsored stories*:    Fans  and  their  friends  Friend activity (check-in, like, post like, etc.)

check-in post on mobile timeline

How  ads  and  sponsored  stories  work  together  From  a  friend’s  acEon  

1. Identify segments of customers or prospects

2. Find these people on Facebook using email, phone or UID

3. Reach the exact people you want to talk to with Facebook ads

Custom  Audiences  allows  you  to  target  your    off-­‐Facebook  audiences  on  Facebook