Promote Your Entire Dealership
10 Jun
By Gary Nixon for Dealer Marketing Magazine
Embrace a dealership-wide marketing approach that meets your customers’ needs and allows you to reap the maximum profit from every part of your business.
We all know the current market situation. A decline in consumer confidence, along with high fuel prices, and the worry that the weakened market could turn into a full blown recession has hit the automotive industry hard.
According to Reuters, auto sales dropped 12 percent in March alone and predictions are that they will continue to decline through the second quarter of this year. Experts counsel that a strong focus on promoting your parts and service business is the way to keep your profits up during this down time. I’d like to offer a different perspective to ensure you focus on your entire dealership.
Although individual promotions for parts and services, vehicles sales, or any other aspect of your dealership are an integral part of your marketing plan, sending communications that promote specific departments to the exclusion of others sets you up for a roller coaster ride. For example, a marketing promotion that only touts a $9.99 oil change may make your service business rise briefly, but it may soon go right back down again, leaving you in a constant state of peaks and valleys, scrambling to come up with even better promotions.
Instead, focus on promoting your entire dealership. This approach gives you room to highlight a particular department, for instance your service department, while still tying in all the services and products you offer that meet the full gamut of customer needs. Marketing your dealership as a whole sets you up for a steady stream of revenue, so your business remains strong even during the most difficult economic conditions.
