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5 Ways to Sell Like It’s 2008




                                                   By James Binkley, founder and CEO of Binary Automotive Solutions

                                             Before  2008,  dealerships  were  in  charge  3. Make Value More Obvious.
                                             of the sales process and the associate with  Another way to regain control of the sales
                                             the best Rolodex was king. That’s because a  conversation is to adapt your sales tools and
               PRE-LICENSE                   career salesperson inside the store was the  process to keep the focus on your unique
                                             customer’s “guy” and he advised them on  selling proposition.
                CALENDAR                     what to buy.                         For example, if your sales team uses the

                February 10, Atlanta         Then, in 2008, the bottom dropped out of  grid approach to negotiating a sale, at least
                February 13, Norcross        the automotive retail industry. In an attempt  try modifying how they use the four-square
                                             to stimulate car sales during the downturn,  to emphasize value over price.
                 February 19, Macon          OEMs  introduced  stair-step  incentives,  a
                February 29, Atlanta         practice that resulted in dealerships being  You could provide your sales staff with a
                  March 9, Atlanta           forced to offer deep discounts in order to  green-inked rubber stamp saying “includes
                                             “move the metal” and qualify for a bonus.  lifetime warranty” or “free oil changes for
                 March 12, Norcross          Money was based on units moved and not  life” or whatever you choose to promote.
                  March 16, Atlanta          gross billed.                        Green is a color with positive connotations,
                  March 25, Macon                                                 such as getting the green light.
                  March 28, Atlanta          Eventually, the economy moved forward
                                             with one huge exception: salespeople  Value is not just a bullet point in your sales
                                             continued with the same mentality they  conversation. It’s a vital part of the deal.
            TO VIEW MORE DETAILS, VISIT:     held during the recession. They never went
            georgiacardealerlicense.com      back to being the customer’s “guy.”  4. Make Value More Convenient.
                                                                                  The goal is to have the customer see that
                                             Let’s rewind to 2008 to disarm those  value is not just a bullet point in your sales
                                             customers and regain control of the sale.  conversation. It’s a vital part of the deal.
                                                                                  Service  plays a  critical  role. Show  them
               Are you a GIADA               1. Control the Conversation from the Get-Go.  how to use a maintenance log and remind
                                             Just as first impressions count, so do first  them to keep good records and bring those
             member that has a               conversations. The best chance to reclaim  records back to your store. Make it easy for
             dealer testimony or             control of the sales process comes when  them to schedule and receive service.
          story you'd like to share          you first greet the customer and introduce   5. Match Their Excitement.
                                             yourself.
             with other Georgia                                                   Be excited for your customer. Your attitude
          dealers? Contact us! Our           Instead of asking them to tell you what  will go a long way toward creating the
                                             product they’re looking for, try a different  perception of value. It might seem old hat
          publications team would            approach. Ask them if they’re there to talk  and boring to you to talk about your unique
            love to share content            about your store’s commitment to their  selling proposition with enthusiasm, but
            provided by dealers,             ownership experience. This question may  the buyer is in the middle of purchasing a
                                             take them by surprise and start them on the  vehicle.
              for dealers. Email             path of understanding the benefits of long-
          publications@giada.org             term value over short-term price.    For most consumers, this is the second
                                                                                  largest purchase they have made, and they
                                             2. Bring Them Inside Your Dealership.  may be a bit nervous. It’s your job to be
                                             The sooner you can get a customer inside  excited, so they become excited about the
                                             the dealership, the better. The store is where  opportunity.
                                             you can reinforce your brand and help
                                             build more confidence with the consumer,  The Great Recession changed our industry.
                                             giving you the home field advantage.  Today, dealers are fighting for more
                                                                                  customers while seeing less traffic. The key
                                             The real beauty is when you get them into  to succeeding in a slowing economy is to
                                             the dealership, your closing ratio increases  figure out what sets your dealership apart
                                             appreciably.                         from the competition and then work it like
                                                                                  it’s 2008! n


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