Automotive advertising agencies who expect to be here tomorrow must
apply tomorrow's technology today or they will follow their shuttered
auto dealer clients into the ranks of the unemployed. The consolidation
of the auto industry is a necessary reaction to a shrinking economy and
the proof of two basic rules of business -- supply must follow demand
and survival of the fittest insures that it will. The secret to survival
for automotive advertising agencies and their auto dealer clients in a
challenging market is to offer more for less and the technology being
designed to improve sales processes on the Internet provide efficiencies
that will determine the winners and the losers.
Integrating
proven real world automotive advertising best practices with maturing
virtual world selling processes that rely on developing technology on
the Internet allows forward thinking automotive advertising agencies to
blur the line between the real world of brick and mortar auto
dealerships and the new virtual showrooms being built on the Internet
Super Highway. Automotive advertising 101 teaches that you must go where
your customers are if you want to reach them and with 93% of car
shoppers confirming that they start their car buying process on the
Internet that part of the marketing and sales process is easy. The hard
part that automotive advertising agencies must recognize is that the one
constant that has survived on the World Wide Web is human nature.
Customers empowered by the easy access of information on the Internet
are no longer dependent on auto dealerships -- real or virtual -- to
determine what vehicle they will purchase and who they will buy it from.
Online shoppers are looking for a new or used vehicle, not an auto
dealership, and automotive advertising agencies need to convert from
push/pull advertising methods to pull/push techniques preferred by an
educated consumer.
Of course there is no need to throw the baby
out with the bath water! Automotive advertising agencies must use
conventional wisdoms built on the stable foundation of human nature
supported by the efficiencies offered by new automotive advertising
applications designed to crash through the glass wall of the Internet to
preserve both market share and profits for their auto dealer clients.
The easiest way to satisfy the customer and the auto dealer -- in that
order -- is to give the customers what they want, when they want it --
which is immediately -- and to do it in such a way that the customers
feel that they are buying a vehicle vs. being sold one. That is where
the use of new automotive advertising technology and the related
improved selling processes come in.
Giving the customers what they
want -- which is a vehicle not an auto dealership -- suggests that
automotive advertising agencies must promote individual vehicles on the
Internet, not their auto dealer clients. While this may seem counter
intuitive to old school car guys who presume that they must sell
themselves before they can sell their vehicles, it is in keeping with
equally established wisdom that suggest that automotive advertising
doesn't sell cars it just attracts customers who want to buy one. Simply
put, the best advertising message in the world has no value if no one
sees it and since customers are searching the web for individual
vehicles that is the bait that will have them bite the hook that has the
auto dealer on the other end of the line.
It is an accepted fact
that cars sell cars and brick and mortar auto dealerships have
gravitated to car rows or auto malls to take advantage of the attraction
of having as many vehicles as possible in one location to draw real
world car shoppers to their individual facilities. The leveraged
advertising of multiple competing dealerships and the added value and
convenience of one stop shopping for comparable makes and models at one
central location is a value for consumers that has survived on the
Internet Super Highway. Established third party inventory based websites
have a proven place in today's online automotive advertising plans.
Most auto dealerships already rely on the leverage of their collected
inventories of literally millions of vehicles from thousands of auto
dealerships to attract online new and used vehicle shoppers. The search
engine optimization, S.E.O., realized by these third party sites coupled
with their localized search engine marketing, S.E.M., investments drawn
from the collected revenues of the auto dealer clients that participate
in these communal sites provide a competitive advantage that no
individual dealer or even a large dealer group can compete with. New
technologies being applied to this established business model promise an
even better return on investment, R.O.I., for the auto dealers that
participate.
ronsmap is a game changing online car buying/selling
site for both consumers and dealers that exemplifies the value of
improving technologies in existing Internet based marketing platforms.
It makes car buying fast, comprehensive, transparent and live. What
makes it unique is their new technology that gives consumers
unparalleled buying and negotiating power over the car buying/selling
processes including the opportunity to accommodate For Sale By Owner
listings. Their unique value for dealers is that it provides them with
an unprecedented level of sales intelligence on consumer leads, and it
enables automotive advertising agencies to promote and engage consumers
via social networks.
With existing search engine filters and third
party websites online shoppers have to scroll through lists of hundreds
of vehicles while clicking and drilling down on each site since not all
vehicles for sale are aggregated on any one exit on the Internet Super
Highway. Auto dealers that pay the most are typically promoted in the
top listings limiting honest competitive comparisons and auto dealers
are often non-responsive to general inquiry leads sourced from these
lead resellers. Auto Dealers are equally challenged by existing
marketing platforms that do not provide visibility or insights into
consumer's other vehicles of interest discovered during their online
shopping trips and their communications are often mid sales cycle
starting long after the initial research by the consumer has been
completed. The R.O.I. for auto dealers for leads purchased from multiple
third party providers are reduced by duplications and smaller dealers
not willing or able to pay for a premium position can't compete equally
with the larger advertisers on these sites.
ronsmap is a new
technology driven Internet solution scheduled to launch at the 2010 NADA
Convention in Orlando, Florida. They provide the leverage of multiple
inventories posted on a unique map-like internal search engine driven by
consumer preferences on a local level that places all vehicles that fit
the consumer's search criteria on the same page with no prejudice to
premium positions purchased by the dealers. Their proprietary
application provides a level playing field for auto dealers while
offering consumers one stop shopping across multiple brands, models and
dealerships with the added value of comparisons to For Sale By Owner
listings.
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