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Welcome to Today’s Webinar
             We will begin promptly at noon ET

To hear the audio portion for today’s session, please turn up
   your computer speakers or use a pair of headphones.
Cashing In on Web 2.0
Using Social Media Sites to Drive Sales
Welcome

    • Have a question? Need our attention?
    • Enter your question or comment by clicking on
      the question mark in the lower right corner of the
      WebEx browser



    • Tweeting today’s call? Use #dalive.
    • Want a recording of today’s presentation?
    • Visit http://dealers.cars.com/live on Monday

3
Webinar Audio

    • To hear the audio portion
      for today’s webinar:
    • Turn up your computer
      speakers
    • Use a pair of
      headphones
    • Having audio problems?
    • Request a toll-free dial-in
      number for the WebEx
      teleconference
4
Today’s Moderator

    Kathy Kimmel
       Director of training, Cars.com
       More than 15 years experience
        in automotive retail
       Featured speaker at industry
        conferences
       Connect with Kathy:

            http://dealers.cars.com/facebook

            http://dealers.cars.com/twitter


5
Today’s Panelist

    Rob Fontano
       John Marazzi Nissan
       Internet sales director
       Naples, Fla.
       8 years experience in automotive retail
       Connect with Rob at:

            http://www.facebook.com/marazzinissan


            http://twitter.com/marazzinissan



6
Today’s Panelist

    Alex Snyder
       Checkered Flag Automotive Group
       Ecommerce director
       Virginia Beach, Va.
       20 years automotive industry experience
       DealerRefresh.com contributor
       Connect with Alex at:

            http://www.facebook.com/checkeredflag.va

            http://twitter.com/axsnyder

7
Today’s Objectives

    • Understand why social media is important for your
      business
    • Identify which social media sites connect your
      store with in-market shoppers
    • Incorporate social media sites into your sales
      strategy
    • Develop site-specific tactics that help you engage
      car buyers and encourage open communication
    • Determine who should manage your social media
      presence
8
Social Media and Selling Cars
Social Media and the Bottom Line

 • Brands active in social
   media reported revenue
   growth of 18 percent
   versus last year
     • Inactive brands reported
       a 6 percent revenue loss
 • Participation in social
   media improves your
   store’s search engine
   performance

                                          1 Altimeter Group and Wetpaint, 2009
10                                Graph source: eMarketer.com, December 2008
Social Media Usage Soaring




     •   Twitter (green): + 1,164 percent
     •   Facebook (blue): + 248 percent
     •   LinkedIn: (yellow) + 95 percent
     •   YouTube: (orange) + 32 percent
     •   MySpace (pink): - 6 percent
                                            Source: Compete Inc, June 2009
11
Why Get in the Game?

 “For companies, resistance
 to social media is futile.
 Millions of people are
 creating content for the
 social web. Your competitors
 are already there. Your
 customers have been there
 for a long time. If your
 business isn't putting itself
 out there, it ought to be.”

                                 Source: BusinessWeek, Feb. 19, 2009
12
Dealership Benefits

 Social media:
      Works well with business-relationship model
      Drives cost-efficiency in marketing
      Provides your store with low-cost tools to connect with
       customers, prospects
      Creates opportunity to build referral business
      Extends your relationship with customers beyond the
       purchase
      Expands your store’s reach



13
What is Social Media




     “All things being equal, people will do business with
     their friends. All things not being equal, people will
     still do business with their friends.”
                                              Jeffrey Gitomer

14
Rules of the Road

 Social media success depends on:
      Strategy
        • What do you plan to accomplish?
      Communication (i.e., talk and listen)
        • Engage audience with a real person or a personality
      Relationships
        • 93 percent of social media users believe companies should
          have a presence; 85 percent want meaningful interaction1
      Transparency, sincerity
      Ownership
        • Someone with passion/commitment to implement program

                                            1 Cone, Business in Social Media Study, September 2008
15
How to Use Social Media

 Create content consumers
 want to connect with:
      Store and automotive
       expertise
      Car reviews
      New product information
       and new arrivals
      Events
      Incentives and service
      Maintenance tips
      Job opportunities
16
Enthusiast Blogs, Forums

 • Identify people in your store
   with knowledge and passion
   for your vehicle types,
   makes/models
      Look beyond sales to parts,
       service, body shop
 • Share information based on
   your experience, research
 • Let members approach you
   about a vehicle purchase

17
Dealership Blog

 • Post timely and relevant
   information for customers
 • Promote your dealership
      Inventory, including new
       arrivals and specials
      Incentives and events
      Service, parts, accessories and
       body shop
      Job opportunities
 • Invite customers to follow
   you on Facebook, Twitter
18
Facebook

 • Create a business page for
   your store, persona
 • Invite staff, customers to
   “become a fan”
      Add a website button
      Call to action in advertising
      Point of purchase
 • Use page to create value and
   drive conversation
 • Don’t be a motor mouth
19
Facebook: What’s on Your Mind?




20
Twitter

 • Create an account for your
   store
 • Invite sales, service, parts,
   body shop customers to
   “follow” you
 • Discuss store, industry and
   community news, events
 • Re-tweet, respond to posts
   to drive conversation
 • Register with directories
21
Twitter: What are You Doing?




22
YouTube

 • Create a channel for your
   store
 • Share videos you’ve
   developed:
        Customer testimonials
        New-model introductions
        Make/model comparisons
        Dealership tours
        Vehicle walk-around
         demonstrations

23
YouTube

 • Promote videos through your site, social media
   channels
 • Monitor, respond to comments about your videos
 • Join discussions in automotive-related channels




24
Work Smarter: Social Media Tools

 • Applications integrate
   blog, Facebook and
   Twitter activities
      Share posts across all of
       your accounts
      Monitor conversations
      Work with followers
 • Stay on top of social
   media trends, new tools
      Mashable.com
      Socialmedia.biz
25
Track Social Media Performance

 Free tools help gauge
 program effectiveness:
      Facebook Insights
       Page
      TwitterRank.com




26
Build Professional Connections
LinkedIn

 • Create a personal profile outlining your
   professional expertise and positions
 • Connect with colleagues
 • Join industry-related groups and participate in
   discussion areas relevant to your field and
   personal interests
 • Resist the temptation to advertise your store,
   listings



28
Industry Blogs, Forums

 • Join online communities to boost
   sales performance, advance your
   career
 • Learn about and discuss online
   automotive news, trends
 • Use sites developed by:
      Automotive salespeople
      Industry consultants
      Vendors


29
Review

 • Social media provides you with a low-cost channel
   to:
      Connect with customers, prospects
      Promote your inventory and brand your store
      Discuss, learn about online automotive news, trends
 • Success with social media hinges on a strategy,
   communication, relationships, transparency and
   ownership
 • Remember: Car buyers want to engage with your
   brand and get help with their purchase decisions

30
Let’s be Friends

 Join us on our all-new
 Facebook page
      http://dealers.cars.com/facebook
      Designed especially for dealers
       with news and tips to drive your
       online success
      Stay in touch with the latest from
       DealerADvantage, including
       video tips and information on
       Cars.com events



32
More Ways to Connect

 Join the conversation about
 online automotive with
 Cars.com:
      Read our all-new blog launching
       in late August
        • http://dealeradvantage.cars.com
      Follow us on Twitter for daily
       twips and advice
        • http://dealers.cars.com/twitter




33
Register Now for Our Next Event

 Sell More Cars: Tips You Can Implement Today to
 Close More Deals
      Friday, Sept. 11, Noon ET
      In this session, you’ll learn how to:
        • Develop listings that answer shoppers questions and help
          them form an emotional connection with the car.
        • Leverage emerging channels such as online chat, the mobile
          internet and social media to engage with buyers.
        • Optimize your new-car lead, SEM and SEO initiatives.
        • Stay in communication with car buyers until they’re ready to
          move forward with a purchase.
      Register at http://dealers.cars.com/live

34
Questions & Answers
Thank You & Good Luck

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Using Social Media Sites to Drive Sales

  • 1. Welcome to Today’s Webinar We will begin promptly at noon ET To hear the audio portion for today’s session, please turn up your computer speakers or use a pair of headphones.
  • 2. Cashing In on Web 2.0 Using Social Media Sites to Drive Sales
  • 3. Welcome • Have a question? Need our attention? • Enter your question or comment by clicking on the question mark in the lower right corner of the WebEx browser • Tweeting today’s call? Use #dalive. • Want a recording of today’s presentation? • Visit http://dealers.cars.com/live on Monday 3
  • 4. Webinar Audio • To hear the audio portion for today’s webinar: • Turn up your computer speakers • Use a pair of headphones • Having audio problems? • Request a toll-free dial-in number for the WebEx teleconference 4
  • 5. Today’s Moderator Kathy Kimmel  Director of training, Cars.com  More than 15 years experience in automotive retail  Featured speaker at industry conferences  Connect with Kathy: http://dealers.cars.com/facebook http://dealers.cars.com/twitter 5
  • 6. Today’s Panelist Rob Fontano  John Marazzi Nissan  Internet sales director  Naples, Fla.  8 years experience in automotive retail  Connect with Rob at: http://www.facebook.com/marazzinissan http://twitter.com/marazzinissan 6
  • 7. Today’s Panelist Alex Snyder  Checkered Flag Automotive Group  Ecommerce director  Virginia Beach, Va.  20 years automotive industry experience  DealerRefresh.com contributor  Connect with Alex at: http://www.facebook.com/checkeredflag.va http://twitter.com/axsnyder 7
  • 8. Today’s Objectives • Understand why social media is important for your business • Identify which social media sites connect your store with in-market shoppers • Incorporate social media sites into your sales strategy • Develop site-specific tactics that help you engage car buyers and encourage open communication • Determine who should manage your social media presence 8
  • 9. Social Media and Selling Cars
  • 10. Social Media and the Bottom Line • Brands active in social media reported revenue growth of 18 percent versus last year • Inactive brands reported a 6 percent revenue loss • Participation in social media improves your store’s search engine performance 1 Altimeter Group and Wetpaint, 2009 10 Graph source: eMarketer.com, December 2008
  • 11. Social Media Usage Soaring • Twitter (green): + 1,164 percent • Facebook (blue): + 248 percent • LinkedIn: (yellow) + 95 percent • YouTube: (orange) + 32 percent • MySpace (pink): - 6 percent Source: Compete Inc, June 2009 11
  • 12. Why Get in the Game? “For companies, resistance to social media is futile. Millions of people are creating content for the social web. Your competitors are already there. Your customers have been there for a long time. If your business isn't putting itself out there, it ought to be.” Source: BusinessWeek, Feb. 19, 2009 12
  • 13. Dealership Benefits Social media:  Works well with business-relationship model  Drives cost-efficiency in marketing  Provides your store with low-cost tools to connect with customers, prospects  Creates opportunity to build referral business  Extends your relationship with customers beyond the purchase  Expands your store’s reach 13
  • 14. What is Social Media “All things being equal, people will do business with their friends. All things not being equal, people will still do business with their friends.” Jeffrey Gitomer 14
  • 15. Rules of the Road Social media success depends on:  Strategy • What do you plan to accomplish?  Communication (i.e., talk and listen) • Engage audience with a real person or a personality  Relationships • 93 percent of social media users believe companies should have a presence; 85 percent want meaningful interaction1  Transparency, sincerity  Ownership • Someone with passion/commitment to implement program 1 Cone, Business in Social Media Study, September 2008 15
  • 16. How to Use Social Media Create content consumers want to connect with:  Store and automotive expertise  Car reviews  New product information and new arrivals  Events  Incentives and service  Maintenance tips  Job opportunities 16
  • 17. Enthusiast Blogs, Forums • Identify people in your store with knowledge and passion for your vehicle types, makes/models  Look beyond sales to parts, service, body shop • Share information based on your experience, research • Let members approach you about a vehicle purchase 17
  • 18. Dealership Blog • Post timely and relevant information for customers • Promote your dealership  Inventory, including new arrivals and specials  Incentives and events  Service, parts, accessories and body shop  Job opportunities • Invite customers to follow you on Facebook, Twitter 18
  • 19. Facebook • Create a business page for your store, persona • Invite staff, customers to “become a fan”  Add a website button  Call to action in advertising  Point of purchase • Use page to create value and drive conversation • Don’t be a motor mouth 19
  • 20. Facebook: What’s on Your Mind? 20
  • 21. Twitter • Create an account for your store • Invite sales, service, parts, body shop customers to “follow” you • Discuss store, industry and community news, events • Re-tweet, respond to posts to drive conversation • Register with directories 21
  • 22. Twitter: What are You Doing? 22
  • 23. YouTube • Create a channel for your store • Share videos you’ve developed:  Customer testimonials  New-model introductions  Make/model comparisons  Dealership tours  Vehicle walk-around demonstrations 23
  • 24. YouTube • Promote videos through your site, social media channels • Monitor, respond to comments about your videos • Join discussions in automotive-related channels 24
  • 25. Work Smarter: Social Media Tools • Applications integrate blog, Facebook and Twitter activities  Share posts across all of your accounts  Monitor conversations  Work with followers • Stay on top of social media trends, new tools  Mashable.com  Socialmedia.biz 25
  • 26. Track Social Media Performance Free tools help gauge program effectiveness:  Facebook Insights Page  TwitterRank.com 26
  • 28. LinkedIn • Create a personal profile outlining your professional expertise and positions • Connect with colleagues • Join industry-related groups and participate in discussion areas relevant to your field and personal interests • Resist the temptation to advertise your store, listings 28
  • 29. Industry Blogs, Forums • Join online communities to boost sales performance, advance your career • Learn about and discuss online automotive news, trends • Use sites developed by:  Automotive salespeople  Industry consultants  Vendors 29
  • 30. Review • Social media provides you with a low-cost channel to:  Connect with customers, prospects  Promote your inventory and brand your store  Discuss, learn about online automotive news, trends • Success with social media hinges on a strategy, communication, relationships, transparency and ownership • Remember: Car buyers want to engage with your brand and get help with their purchase decisions 30
  • 31. Let’s be Friends Join us on our all-new Facebook page  http://dealers.cars.com/facebook  Designed especially for dealers with news and tips to drive your online success  Stay in touch with the latest from DealerADvantage, including video tips and information on Cars.com events 32
  • 32. More Ways to Connect Join the conversation about online automotive with Cars.com:  Read our all-new blog launching in late August • http://dealeradvantage.cars.com  Follow us on Twitter for daily twips and advice • http://dealers.cars.com/twitter 33
  • 33. Register Now for Our Next Event Sell More Cars: Tips You Can Implement Today to Close More Deals  Friday, Sept. 11, Noon ET  In this session, you’ll learn how to: • Develop listings that answer shoppers questions and help them form an emotional connection with the car. • Leverage emerging channels such as online chat, the mobile internet and social media to engage with buyers. • Optimize your new-car lead, SEM and SEO initiatives. • Stay in communication with car buyers until they’re ready to move forward with a purchase.  Register at http://dealers.cars.com/live 34
  • 35. Thank You & Good Luck