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Reputation Management / Marketing
         For Auto Dealers




Andrew Ward
Chief Trust Officer
Trust FX
award@trustfx.com
201.606.8110 Ext. 1
The Internet Plays A Major Role
           In Most Vehicle Purchases:

85% of all car buyers research their purchase online.*

83% of first time buyers purchased a vehicle from a
             dealership that responded to their online
             request.*

63% of all consumers spend a week or more pre-
             shopping dealerships before they step foot onto
             your lot.**

 * R. L. Polk & Co, Consumer Expectations for Internet Lead Marketing, May 2008
 ** Yahoo Search Marketing Survey, 2007
Your Online Reputations Is Now Critical

•Google’s business is to help people find relevant
information.
•They are better at this than all of their competitors
combined.
•Google knows that people are influenced more by
what your customers say than what your website says.
•Recent changes by Google link 3rd party consumer
reviews with your listing.


  * R. L. Polk & Co, Consumer Expectations for Internet Lead Marketing, May 2008
  ** Yahoo Search Marketing Survey, 2007
Visibility On the Internet Is Key But It’s No
               Longer Enough!

You can have a great website and a highly
effective Internet marketing strategy, but if your
Online Reputation is poor - good prospects
ready to buy will drive past your dealership.




  * R. L. Polk & Co, Consumer Expectations for Internet Lead Marketing, May 2008
  ** Yahoo Search Marketing Survey, 2007
An Actual Example

                    This is a basic
                    Google search.
                    Notice how 3rd party
                    reviews are tied to
                    listings.

                           Google
                           Places
                           Reviews
                         Ouch! Is this
                         helping
                         Open Road
                         Honda ?
Another Example

                  And if we searched
                  for Open Road
                  Honda directly, their
                  online reputation is
                  very visible!

                   They have a
                   good web
                   presence but
                   their Online
                   Reputation is
                   costing them
                   customers
65% of Consumers Shop For A Dealer

                                        Here is a search for
                                        Honda dealers in
                                        NJ. A third of
                                        consumers will
                                        travel over 20 miles
                                        to buy a car.*


                                         Again online
                                         reputations are
                                         prominently
                                         displayed.



* Yahoo Search Marketing Survey, 2007
Your Online Reputation Is a
      Competitive Differentiator

•Consumers are more informed than ever before.
•Consumers have more control than ever before.
•What your customer say about your dealership
has more influence than what you say
•Your Online reputation is a point of differentiation.
Trust FX – Designed for Business Use

Trust FX is the easiest and fastest way to build a robust
and credible online reputation.

•High Authenticity – Trusted key process prevents gaming.
•High Customer Participation – Up to 49%.
•Control – You select what reviews to publish.
•Visibility – We publish your reviews across multiple sites.
Our Trusted Key Insures Authenticity

                •A key is required to give
                feedback.
                •The Trusted key can take many
                forms including digital or printed
                but includes a unique single use
                code that allows customers to
                anonymously rate the dealer that
                they purchased or had their car
                service by.
Participation is Key

•Happy customers will give feedback when there is
something in it for them!
•Trust FX will serve a dealer’s incentive to each customer
who gives feedback. We have seen participation rates
reach 49%.
•Incentives drive incremental service business and higher
customer loyalty.
Control is Key

•With Trust FX, dealers get to preview all reviews and
select which ones to publish.
   • This is identical to testimonials.
•A “natural” option is also available where dealers give up
their ability to filter reviews but can respond to negative
ones.
Visibility / Credibility is Key

•We publish approved reviews across all of the major
review sites creating visibility and credibility not possible
with a single site.
•This creates a balanced online reputation.
•A dealer may have a great reputation on a single site like
DealerRater but have disproportionally negative reviews
on other sites – this looks suspicious to consumers.
Trust FX Is Easy to Integrate

If you serve the automotive market place with an
application, website design or Internet marketing, we
want to speak with you about integrating or reselling
Trust FX to your customers.
Trust FX is your best solution for
    building the most robust and the
   most authentic online reputation in
      the shortest amount of time.


Andrew Ward
201.606.8110 ext.1
www.trustfx.com
award@trustfx.com
http://blog.trustfx.com

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Trust fx reputation management marketing for auto dealers

  • 1. Reputation Management / Marketing For Auto Dealers Andrew Ward Chief Trust Officer Trust FX award@trustfx.com 201.606.8110 Ext. 1
  • 2. The Internet Plays A Major Role In Most Vehicle Purchases: 85% of all car buyers research their purchase online.* 83% of first time buyers purchased a vehicle from a dealership that responded to their online request.* 63% of all consumers spend a week or more pre- shopping dealerships before they step foot onto your lot.** * R. L. Polk & Co, Consumer Expectations for Internet Lead Marketing, May 2008 ** Yahoo Search Marketing Survey, 2007
  • 3. Your Online Reputations Is Now Critical •Google’s business is to help people find relevant information. •They are better at this than all of their competitors combined. •Google knows that people are influenced more by what your customers say than what your website says. •Recent changes by Google link 3rd party consumer reviews with your listing. * R. L. Polk & Co, Consumer Expectations for Internet Lead Marketing, May 2008 ** Yahoo Search Marketing Survey, 2007
  • 4. Visibility On the Internet Is Key But It’s No Longer Enough! You can have a great website and a highly effective Internet marketing strategy, but if your Online Reputation is poor - good prospects ready to buy will drive past your dealership. * R. L. Polk & Co, Consumer Expectations for Internet Lead Marketing, May 2008 ** Yahoo Search Marketing Survey, 2007
  • 5. An Actual Example This is a basic Google search. Notice how 3rd party reviews are tied to listings. Google Places Reviews Ouch! Is this helping Open Road Honda ?
  • 6. Another Example And if we searched for Open Road Honda directly, their online reputation is very visible! They have a good web presence but their Online Reputation is costing them customers
  • 7. 65% of Consumers Shop For A Dealer Here is a search for Honda dealers in NJ. A third of consumers will travel over 20 miles to buy a car.* Again online reputations are prominently displayed. * Yahoo Search Marketing Survey, 2007
  • 8. Your Online Reputation Is a Competitive Differentiator •Consumers are more informed than ever before. •Consumers have more control than ever before. •What your customer say about your dealership has more influence than what you say •Your Online reputation is a point of differentiation.
  • 9. Trust FX – Designed for Business Use Trust FX is the easiest and fastest way to build a robust and credible online reputation. •High Authenticity – Trusted key process prevents gaming. •High Customer Participation – Up to 49%. •Control – You select what reviews to publish. •Visibility – We publish your reviews across multiple sites.
  • 10. Our Trusted Key Insures Authenticity •A key is required to give feedback. •The Trusted key can take many forms including digital or printed but includes a unique single use code that allows customers to anonymously rate the dealer that they purchased or had their car service by.
  • 11. Participation is Key •Happy customers will give feedback when there is something in it for them! •Trust FX will serve a dealer’s incentive to each customer who gives feedback. We have seen participation rates reach 49%. •Incentives drive incremental service business and higher customer loyalty.
  • 12. Control is Key •With Trust FX, dealers get to preview all reviews and select which ones to publish. • This is identical to testimonials. •A “natural” option is also available where dealers give up their ability to filter reviews but can respond to negative ones.
  • 13. Visibility / Credibility is Key •We publish approved reviews across all of the major review sites creating visibility and credibility not possible with a single site. •This creates a balanced online reputation. •A dealer may have a great reputation on a single site like DealerRater but have disproportionally negative reviews on other sites – this looks suspicious to consumers.
  • 14. Trust FX Is Easy to Integrate If you serve the automotive market place with an application, website design or Internet marketing, we want to speak with you about integrating or reselling Trust FX to your customers.
  • 15. Trust FX is your best solution for building the most robust and the most authentic online reputation in the shortest amount of time. Andrew Ward 201.606.8110 ext.1 www.trustfx.com award@trustfx.com http://blog.trustfx.com