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Full Name I Company I Job Title I Email
Rethink The Consumer Experience: Basing Your Sales Strategy On Quality & Value Versus Lowerst Price Brad Kruse, SVP of Sales & Marketing at MAXDigital Jason Price, National Sales Director at MAXDigital
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INVENTORY MANAGEMENT PLATFORM
MARKETING & SALES PLATFORM 2001 Inventory Management 2015 12 Billion Transactions 2010 Marketing & Sales 2008 2012
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THE RISE AND DEMISE
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WHAT ROAD WILL YOU TAKE?
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0-5 YEAR OLD CARS IN OPERATION
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THE “SECRET”
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THEY CAN’T BE SEPERATED
HOW CONSUMERS SEARCH HOW CONSUMERS BUY YEAR MAKE/MODEL COLOR MILEAGE PRICE EXCITEMENT TRUST CONFIDENCE PERCEIVED VALUE FAIR PRICE LOGICAL EMOTIONAL THEY CAN’T BE SEPERATED
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What factor most influenced your buying decision?
they felt they were getting value and quality at a fair price. #1: 79% Said… because it was the lowest price. #2: 21% Said… LOGICAL EMOTIONAL *Source: CARMAX Study
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What kind of retailer do you want to be?
‘you’re not just looking for a house, you're looking for a place for your life to happen’
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What kind of retailer do you want to be?
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BUILDING EMOTION IN THE SALE
EXCITEMENT TRUST CONFIDENCE PERCEIVED VALUE FAIR PRICE EQUIPMENT PACKAGES VEHICLE HISTORY EXPERT REVIEWS PRICING PROOF POINTS EMOTIONAL
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THERE’S A DISCONNECT SEARCH & PRICE EMOTION & VALUE
INTERNET DEPARTMENT SALES DEPARTMENT SEARCH & PRICE EMOTION & VALUE THERE’S A DISCONNECT
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OPERATIONAL HURDLES Information stays compartmentalized.
EQUIPMENT PACKAGES VEHICLE HISTORY EXPERT REVIEWS PRICING PROOF POINTS Information stays compartmentalized. YEAR MAKE/MODEL COLOR MILEAGE PRICE Volume of vehicles. Turnover.
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TO SUCCEED YOU MUST LOGIC EMOTION 3RD PARTY SITES DEALER WEBSITE BDC
ON THE LOT SHOWROOM
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LOGIC: EMOTION Year Make/Model Color Mileage Price Equipment Packages
Vehicle History Expert Reviews Pricing Proof Points LOGIC EMOTION
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LOGIC: EMOTION Year Make/Model Color Mileage Price Equipment Packages
Vehicle History Expert Reviews Pricing Proof Points
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WHAT DOES CHANGE LOOK LIKE?
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I CHALLENGE YOU 1st 2nd Complete 5 vehicle audits.
YEAR MAKE/MODEL COLOR MILEAGE PRICE EQUIPMENT PACKAGES VEHICLE HISTORY EXPERT REVIEWS PRICING PROOF POINTS 1st Complete 5 vehicle audits. 2nd Complete 3 value prop tests.
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QUESTIONS
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Contact Info Brad Kruse MAXDigital SVP of Sales & Marketing Jason Price MAXDigital National Sales Director Share an important takeaway you received from this session using hashtag #DD20 for a chance to win an iPad
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