©2014 LoJack Corporation. All rights reserved. LoJack and the LoJack logo are trademarks or registered trademarks of LoJack Corporation in the United States.

Slides:



Advertisements
Similar presentations
THE NEW RULES OF F&I EVERYTHINGS CHANGED? Vernon Blanc © 2011 Vernon Blanc – All rights reserved.
Advertisements

How to Become a Benefits Providing Dealer How to Become a Benefits Providing Dealer.
Daily Grind Case Daily Grind, Inc. (“Daily Grind”), a public company, manufactures and distributes branded personal organizers for sale in its company-operated.
© 2013 NISC. All Rights Reserved This document contains Confidential and/or NISC Proprietary Information CONFIDENTIALITY NOTICE: This image and content.
Knowledge Driven Services Services Partner Program.
BoomRewards: Building a B2B incentives program Welcome! Building a successful B2B incentives program: BoomRewards Marc Roth Marketing Manager, Boomerang.
Cisco and NetApp Confidential. For Internal Use Only. Do Not Distribute. Maximize Your Purchasing Power with Unified FlexPod Financing © 2014 Cisco and.
ELITE Locksmith Program Program to Aid Locksmiths in Building Their Business.
THE ALL NEW ENHANCED NIADA CPO PROGRAM BUILT BY DEALERS…… FOR DEALERS!!
Car and Van Discount Scheme Industry Seminar: 27 April 2009.
POWER SPORTS Products and services. A PLANNED COLLABORATION eMenu Supreme Software Information Conduit F & I Express Coming Soon Loan Portal Octane Lending.
SERVICE BAY TEST DRIVE PROGRAM. Hand Out Flyer Below to Service Customers Daily As You Take Their Keys & Begin Generating an Extra 35 – 50 Test Drives.
Zurich accepts no responsibility for ensuring that this presentation meets the requirements of financial services legislation covering financial promotions.
2.05d Determine Discounts and Allowances that can be used to adjust base prices.
Lifetime customer communication and contact with each of your customers Lifetime tracking and monitoring of your customers’ driving and servicing habits.
Global Procurement Solutions (GPS) Manager of Business Development Final Project, Fall semester December 16, 2000.
Adapted from Smith and Kihlstrom (1999) Integration of Financial Statements: From Smith and Kihlstrom (1999 ) Assumptions Ending Balance Sheet Cash Flow.
An Overview of Marketing
Chapter 4: Insurance Company Operations
KEY TERMS UNIT 5 (PRICING) Marketing. BETWEEN THE MINIMUM A COMPANY CAN CHARGE TO COVER COSTS AND THE MAXIMUM CUSTOMER IS WILLING TO PAY. Price Range.
Training Presentation This presentation is meant for end users of the ZERO Plan program. The Training will include: Overview of the ZERO Plan process and.
Perpetual Inventory System
SALES TRAINING.
By Ben Youn Copyright 2014 Quantum Business House WELCOME to QUANTUM BUSINESS HOUSE.
XCALLIBRE Partnership Models. Challenge Challenge: How to… Prevent price and value erosion in the market, Increase brand strength & awareness, Increase.
KEY PROVISIONS OF FRANCHISE AGREEMENTS Claro F. Certeza SPCMBLAW.
Confidential and proprietary information of Ingram Micro Inc. — Do not distribute or duplicate without Ingram Micro's express written permission _.
Cisco Avant Garde Plus Program. © 2009 Cisco Systems, Inc. All rights reserved.Cisco ConfidentialCisco Avant Garde Plus Program 2 An exciting new approach.
Fortune-Fit Wellness Program Enhancement. Healthcare Bill Passes!
On Target Group Coaching
A name, term, design, or symbol (or combination of them) that identifies a business, organization, or its products.
Source of Funds Roads Implementation Program –Tied Work –Preferred Supplier –Open Market External Market –LGA –Other Government Departments –Utilities.
1. Selling GM Accessories 2 3 Agenda The Benefits of Selling GM Accessories  Customer, Dealer and Salesperson Selling Tips  When and How to Talk About.
Sample Business Review ABC Company &. Agenda Common Goals Program Metrics –Reporting Snapshot –Product Usage –Service Levels –Ordering Metrics –Accounting.
How to do business guide. Fixed, Data and Hosted Solutions by Mandy Fazelynia Latest update – 11/11/2013 Operations Director.
YOUR LOGO Customizable Flipbook Overview and Instructions The following flipbook is designed with the intention of you, the dealer, customizing it to fit.
Making Managed Services Easier Presenter: Greg Henderson Director, International.
Needles Powers Principles of Financial Accounting 12e Accounting for Merchandising Operations 6 C H A P T E R ©human/iStockphoto.
© 2013 South-Western, a part of Cengage Learning. All rights reserved. Chapter 3 | Slide 1 Financial Management Chapter16.
©2001 Kauffman Center for Entrepreneurial Leadership PLANNING AND GROWING A BUSINESS VENTURE™ ™ Business Plan Management and Organization Plan Management.
Chapter : Measurement and Reporting of Revenues and Expenses, Gains and Losses.
2007 Ryko Annual Sales Meeting 2007 Ryko Annual Sales Meeting Category Management Services (CMS) 2007 Ryko Annual Sales Meeting 2007 Ryko Annual Sales.
IS 438 Business Dimensions. Business dimensions are the core components or categories of a business, anything that you want to analyze in reports. Business.
Unified FlexPod Financing Maximise your sales power May United Kingdom I N T E R N A L.
Simoniz® Distributor Program Simoniz® Distributor Program Presented by: Jim Dorsey II National Accounts Manager
Participants: Magdalena Pestrea ( Buyer Non Food Billa) Radu Silaghi (Chief Buyer Billa) Catalin Tohaneanu (Top Birotica) Laurentiu Curca (Top Birotica)
What is the average cost of a brand new car? $31,252.
Entrepreneurship: Ideas in Action 5e © 2011 Cengage Learning. All rights reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible.
Building Your Business with The NIADA Certified Pre-Owned Program Offered by Warrantech an Amtrust Financial Co.
2007 Ryko Annual Sales Meeting 2007 Ryko Annual Sales Meeting Category Management Services (CMS) 2007 Ryko Annual Sales Meeting 2007 Ryko Annual Sales.
Sports and Entertainment Marketing I Explain the basic concepts of marketing.
Chapter 24 Stock Handling and Inventory Control Section 24.1 The Stock Handling Process Section 24.2 Inventory Control Section 24.1 The Stock Handling.
APICS Corporate Development Peter Bolstorff, CSCP, SCOR-P Executive Vice President APICS | APICS Supply Chain Council District and Chapter Communication.
Management Information Systems Islamia University of Bahawalpur Delivered by: Tasawar Javed Lecture 3b.
1. You Are Making A Difference World Finance: Companies Cope with Declining Dollar Feb 13 th, 2008 Australia Braces For Rate Increases To Curb Inflation.
A sound managerial control requires proper management of liquid assets & inventory. These assets are part of working capital of the business. Receivables.
WAVECOM©2005. All rights reserved 1 Intelligent Device Management Service Offer Emmanuel Walckenaer April Lisboa.
Confidential and Proprietary Cartel Marketing February, 2015.
Sports and Entertainment Marketing 2.01 Explain the concept of marketing.
082SIS52 Ryu Soo-hyun. Money Market  Money Market - Subsection of fixed income market - financial market for short-term borrowing & lending - provides.
Dealer Management and Profit Center Dealer management proft center
Debt As of April 2013 Average Credit Card Debt: $15,000+
Cloud University Live: 8 Steps to Build Your Cloud Go to Market Plan
Lifetime customer communication and contact with each of your customers Lifetime tracking and monitoring of your customers’ driving and servicing.
The Car Deal Package Take notes Be sure to include all vocabulary
Getting Started with cPacket
10 Best Ideas for Improving Service Department Gross Profit
SDS Inc Who are we?? Corporate Professional expertly trained in process implementation. Automotive strategist who excelled in their respective dealership.
Building Sustainable Distribution
Presentation transcript:

©2014 LoJack Corporation. All rights reserved. LoJack and the LoJack logo are trademarks or registered trademarks of LoJack Corporation in the United States and other countries. Revenue Builder Pre-Install Program 11/04/2014

To share how other dealers are partnering with LoJack to drive significant PVR gains To discuss how the same can be done for your business Confidential and Proprietary 2 Today’s Objectives

Dramatically reduced dealer pricing for pre-equipping vehicles with the LoJack ® Stolen Vehicle Recovery System Significant financial investment in program by LoJack Major deployment of resources by LoJack Implementation of proven Best Practices from successful partners Marked improvement in dealership PVR Confidential and Proprietary 3 Elements of LoJack Pre-Install Program

Notes: “On PIP” based on total program average performance. Assumed car sales of 150 vehicles per month & ongoing price of $160. Includes LoJack and ancillary product (XLW) sales Profit Metrics: Before and After Pre-Install

LoJack Pricing: Upgrade Products Pricing: Confidential and Proprietary 5 Pre-Install Pricing

Profit Scenarios – 100 Cars Sold/Month Notes: Above profit scenarios assume car sales of 100 vehicles per month, discounted retail price of $695, ongoing LoJack price of $159. Includes LoJack and ancillary product (XLW &ES5000) sales

Profit Scenarios – 150 Cars Sold/Month Notes: Above profit scenarios assume car sales of 150 vehicles per month, discounted retail price of $695, ongoing LoJack price of $159. Includes LoJack and ancillary product (XLW &ES5000) sales

LoJack is committed to your success with: For first 30 days of Program, LoJack will price all LoJack units at $99 (inventory load and incoming vehicles) If sell-through rates meet/exceed 50% in months 2 and 3, LoJack will reimburse dealer partner entire cost of initial inventory load (up to 60 days’ supply) For the first 90 days of the program, LoJack will price XLW paper upgrade product at $25* Confidential and Proprietary 8 LoJack Financial Investment in Pre-Install Partners * Net price is $0 but includes $25 incentive to Finance Manager

Performance Dividend pays back the Dealer Invoice for the initial Lot Load if the dealer reaches 50% sell through of LoJacks in Months 2 & 3 combined. Sell Through is calculated as: number of LoJack units retailed/number of cars sold with LoJack units loaded on them; DMS report required for verification. Paper Upgrade costs shown are net of incentives paid to dealer personnel (if applicable). See Price Change Notice and Revenue Builder 3 promotion terms doc for full terms. LoJack Pre-Install Revenue Builder Program Dealer Profitability and Satisfaction is the basis to our long term success. LoJack’s unique Pre- Install Program includes five steps taken over five months designed to build your sales and revenue. Confidential and Proprietary 9 Month 1 $99/Unit Month 2 Month 3 $159/Unit Ongoing Step 1: Load On-Site LoJack Training Monthly check-ins, reporting to pinpoint opportunities to grow performance Performance Dividend: 50% pen in months 2 & 3 and LoJack pays back your initial load Training, support, coaching as needed Step 2: Learn Step 3: Sell Step 4: Grow Step 5: Payback Month 4 Month 5 $25 Paper (XLW) $50 XLW Net Cost

LoJack Paper Upgrades Are Key to Driving Program Profit XLWES5000Bundle MSRP$100$200$300 Dealer Net Cost$50$108$158 Dealer Gross Profit $$50$82$142 Dealer Gross Profit %50%46%47% Benefits of Selling Paper Upgrades: High margin products for dealer Higher suggested package retail allows for more dealer discounting/value pricing Revenue Builder promotion provides XLW paper product at $25 net cost* to the dealer for the first 90 days of the program Allows dealership personnel to get in the habit of selling paper upgrades from the start of the program ES5000 product is reinsured. Reserves approximately $60 to $70 per contract. Benefits of Selling Paper Upgrades: High margin products for dealer Higher suggested package retail allows for more dealer discounting/value pricing Revenue Builder promotion provides XLW paper product at $25 net cost* to the dealer for the first 90 days of the program Allows dealership personnel to get in the habit of selling paper upgrades from the start of the program ES5000 product is reinsured. Reserves approximately $60 to $70 per contract. Dealer Profit Per Unit – Paper Upgrades Extended Limited Warranty (XLW) Offers five additional years of limited warranty protection and 24 hour recovery or your money back per the two year LoJack Limited Warranty. 24 hour recovery or your money back; limited to the MSRP for the LoJack unit and thefts in LoJack coverage areas.** Extended Security 5000 (ES5000) Pays a total loss benefit of up to $5,000 if your vehicle is not recovered within 30 days or, after recovery, is deemed a total loss due to theft.** * Net cost is $0 but includes $25 Finance incentive ** Additional terms and conditions apply Confidential and Proprietary 10

LoJack brand awareness by customer leads to ease-of-sale The value of the LoJack product is unquestionable Fits well with other high-value F&I products Pre-equipping inventory provides lot protection against theft Lender advances for LoJack help ensure deals are financed Incentive monies are available on Upgrade products to drive additional profit Confidential and Proprietary 11 Other Features/Benefits of the Pre-Install Program

Proven Process: Agreement Logistics Review & Program Set-Up Initial Lot Load & Kick-Off Event Program Support & Enhancement Pricing & program terms IT connection established Pricing & program terms IT connection established In-depth logistics review of installation and operations protocol, delivery schedules and sales process Establish initial load date and training schedule In-depth logistics review of installation and operations protocol, delivery schedules and sales process Establish initial load date and training schedule Kick-off event led by GM Initial units installed Basic training deployed to sales and F&I Initial test data passed to LoJack Kick-off event led by GM Initial units installed Basic training deployed to sales and F&I Initial test data passed to LoJack Program performance review Dashboard reporting Advanced Sales and F&I training Premium Customer Support (1-Stop Shop) Program enhancements Program performance review Dashboard reporting Advanced Sales and F&I training Premium Customer Support (1-Stop Shop) Program enhancements LoJack’s dedicated field team will guide your dealership from initial set-up to sell- through and will ensure flawless execution of the program.

Offer of pre-install partner pricing and incentives 45 day payment terms In-market program management to provide all necessary training, coordination of program rollout and sales support materials Program oversight / analysis leading to recommendations for enhanced success Dedicated on-site technician team geared to prompt / efficient installations Confidential and Proprietary 13 The Plan: LoJack’s Role

Agree to terms of the Revenue Builder Program Establish pay plan and internal functional alignment geared toward maximum sales penetration –LoJack BDM can provide sample pay plans if desired Establish LoJack retail price that encourages high penetration levels Set up ongoing program reporting for analysis and to monitor success – If no data exchange process is implemented, dealer agrees to submit paper accept/decline forms to LoJack Meet regularly with LoJack to review success of program Provide Installation coordination Confidential and Proprietary 14 The Plan: Dealer’s Role

Program Pricing & Terms to participate in LoJack Pre-Install Program Follow-up meeting with management team to review key elements of program Logistics meeting with all departments to coordinate launch of program Installations can begin within 2 weeks Confidential and Proprietary 15 Next Steps