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ARE UNSURE OF WHICH CAR TO BUY WHEN CAR SHOPPERS ENTER THE MARKET

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Presentation on theme: "ARE UNSURE OF WHICH CAR TO BUY WHEN CAR SHOPPERS ENTER THE MARKET"— Presentation transcript:

1 ARE UNSURE OF WHICH CAR TO BUY WHEN CAR SHOPPERS ENTER THE MARKET
60%

2 PERSONAL RECOMMENDATIONS
86% OF SHOPPERS PLACE MEDIUM TO HIGH VALUE ON PERSONAL RECOMMENDATIONS 67% ONLINE REVIEWS

3 3X MORE OFTEN THAN IN-BRAND COMPARRISONS COMPETITIVE BRAND
COMPARRISON SEARCHES HAPPEN 3X

4 29% 38% USED CAR SHOPPERS NEW CAR SHOPPERS
KNOW THE EXACT MAKE AND MODEL OF INTEREST AT THE BEGINNING OF THE PROCESS 29% 38% NEW CAR SHOPPERS KNOW THE EXACT MAKE AND MODEL OF INTEREST AT THE BEGINNING OF THE PROCESS

5 PEOPLE WHO USED YOUTUBE AS PART OF THEIR CAR BUYING PROCESS WERE INFLUENCED BY WHAT THEY WATCHED.
70%

6 USE FACEBOOK GRAPH SEARCH TO RESEARCH PEOPLE, COMPETITORS AND CITES.
TRY SEARCHING THESE PHRASES: “PAGES LIKED BY PEOPLE WHO LIVE NEAR EL PASO” “PAGES LIKED BY [ENTER ONE OF YOUR FRIEND’S NAMES]” “PAGES LIKED BY PEOPLE WHO LIKE ATLANTA SILVERBACKS”

7

8 72% CAR BUYERS REPORTED THAT THEY PURCHASED THE VEHICLE THEY HAD IN MIND WHEN THEY FIRST VISITED A DEALERSHIP

9 56% & 1 IN 10 AMERICANS HAVE NO CREDIT HISTORY OF CONSUMERS HAVE A
SUBPRIME CREDIT SCORE & 1 IN 10 AMERICANS HAVE NO CREDIT HISTORY


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