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Full Name I Company I Job Title I

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Presentation on theme: "Full Name I Company I Job Title I"— Presentation transcript:

1 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

2 INVENTORY MANAGEMENT PLATFORM
MARKETING & SALES PLATFORM 2001 Inventory Management 2015 12 Billion Transactions 2010 Marketing & Sales 2008 2012

3 THE RISE AND DEMISE

4 WHAT ROAD WILL YOU TAKE?

5 0-5 YEAR OLD CARS IN OPERATION

6 THE “SECRET”

7 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

8 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

9 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’

10 What kind of retailer do you want to be?

11 BUILDING EMOTION IN THE SALE
EXCITEMENT TRUST CONFIDENCE PERCEIVED VALUE FAIR PRICE EQUIPMENT PACKAGES VEHICLE HISTORY EXPERT REVIEWS PRICING PROOF POINTS EMOTIONAL

12 THERE’S A DISCONNECT SEARCH & PRICE EMOTION & VALUE
INTERNET DEPARTMENT SALES DEPARTMENT SEARCH & PRICE EMOTION & VALUE THERE’S A DISCONNECT

13 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.

14 TO SUCCEED YOU MUST LOGIC EMOTION 3RD PARTY SITES DEALER WEBSITE BDC
ON THE LOT SHOWROOM

15 LOGIC: EMOTION Year Make/Model Color Mileage Price Equipment Packages
Vehicle History Expert Reviews Pricing Proof Points LOGIC EMOTION

16 LOGIC: EMOTION Year Make/Model Color Mileage Price Equipment Packages
Vehicle History Expert Reviews Pricing Proof Points

17 WHAT DOES CHANGE LOOK LIKE?

18 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.

19 QUESTIONS

20 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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