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The New Internet
Dealership
Sean V. Bradley, CSP
Founder/President
Dealer Synergy
Audubon,NJ
267-319-6776
seanb@dealersynergy.com
@seanvbradley	
  
	
  
Your	
  
photo	
  here	
  
2
3	
  
	
  
Current Situation Analysis
Overview
	
  	
  
average showroom sales consultant sells 9.6 units per month
4	
  
10 sales people, 2 - 3 managers (plus F&I) for 360 “ups” and 96 deliveries!
360“ups”
96Sales team
	
  
Current Situation Analysis
Output
	
  	
  
Deliveries
5
	
  
Current Situation Analysis
Allocation
	
  	
  
650400 250
Sales team
Fresh Internet leads Residual Flow Factor Total opportunities
6
	
  
Current Situation Analysis
Conflict
	
  	
  
Lack of respect . No support . Lopsided resources . No training
7
	
  
Current Situation Analysis
Mis-match
	
  	
  
Many dealers still do NOT recognize the SINGLE MOST POWERFUL Opportunity… the INTERNET! The way
they engage the Internet is NOT conducive to success.
8
Current Situation Analysis
Division
Dealers that do recognize the Internet is the ultimate opportunity for profound growth and success, they
almost all fail to implement a true holistic approach.
9
Doing the SAME thing expecting DIFFERENT results
INSANITY
10
	
  
Current Situation Analysis
Approach
	
  	
  
What is the
right way?
11
Internet Leads
Divide the leads
among showroom
staff
Segregated &
dedicated sales team
Team of Internet
sales
consultants
	
  
Current Situation Analysis
Approach
	
  	
  
12
13
Action
A DEDICATED TEAM
Open to close in shifts.
Constant TEAM of phone sales
professionals AND follow up
experts.
14
Evidence
15
Examples
Scorecard
16
Scorecard Close Up
17
Scorecard Close Up
18
Live Scorecard
Scorecard
19
Scorecard Close Up
20
Scorecard Close Up
21
Live Scorecard
22
Conserva1ve/Smaller	
  Department	
  
450	
  Ac2ve	
  Opportuni2es	
  
3	
  Coordinators	
  x	
  120	
  Calls	
  Per	
  Day	
  =	
  360	
  Total	
  Calls	
  a	
  Day	
  
360	
  Calls	
  Per	
  Day	
  x	
  22	
  Working	
  Days	
  =	
  7920	
  Calls	
  x	
  14%	
  Connec1on	
  Rate	
  
1108	
  Connec1ons	
  x	
  25%	
  Set	
  Rate	
  =	
  277	
  Appointments	
  
277	
  Appointments	
  x	
  55%	
  Show	
  Rate	
  =	
  152	
  Ups	
  
152	
  Ups	
  x	
  42%	
  Close	
  Ra1o	
  =	
  64	
  Units	
  
	
  
23
24
Proper Showroom Strategy
Reality	
  Check	
  Example	
  
300	
  Cars	
  a	
  Month	
  
27	
  Salespeople	
  Genera1ng	
  111	
  units	
  from	
  Phone/Internet	
  Department	
  
189	
  Remaining	
  Units	
  from	
  the	
  Showroom	
  	
  
27	
  Salespeople	
  /	
  189	
  Units	
  =	
  7	
  Units	
  Per	
  Salesperson	
  
8	
  Ways	
  to	
  Sell	
  a	
  Car	
  -­‐	
  2	
  Ways	
  (Phone/Internet)	
  =	
  	
  6	
  Ways	
  
Increase	
  2	
  Units	
  x	
  27	
  Salespeople	
  =	
  54	
  Addi1onal	
  Net	
  Units	
  
	
  
25
Point	
  of	
  Diminishing	
  Return	
  on	
  Follow	
  Up	
  for	
  the	
  Showroom	
  
Reality	
  Check	
  Example	
  
26
189 Units + 54 Additional Net Units = 243 Total Units from the
Showroom
Reality	
  Check	
  Example	
  
Because	
  of	
  the	
  shiN,	
  conven1onal	
  Showrooms	
  are	
  neglec1ng	
  the	
  	
  
6	
  OTHER	
  ways	
  to	
  sell	
  a	
  car.	
  	
  
	
  
	
  
27
●  Phone Ups
●  Internet Ups
●  Walk Ins
●  Be Backs
●  Service Conversions
●  Orphan Owners
●  Referrals
●  Prospecting
28
Individual Production
29
Team Synchronization
30
Dealership Production
31
	
  
Implementation
An interdependent “Internet” dealership.
	
  	
  
Showroom dept
Internet dept
Synergistically setting up BOTH the Showroom department as well as the Internet department and then
INTEGRATING them together!
Showroom Liaisons
32
Point Guards
33
Point Guards are Hybrid Professionals functioning
as BOTH Sales Consultants and Internet Coordinators.
Besides being a sales professional they should be able
to handle calls and function EXPERTLY on the phone.
Point Guards
34
Being a Point Guard should be considered a promotion
or a REWARD.
●  Perpetuate Departmental Momentum
●  Substitute Teacher
●  T.O. Manager
●  Take Inbound Phone Ups
●  Share Automotive Knowledge with the Internet Department.
●  Possess the ability to provide the selling component to a prospect.
Point Guard Responsibilities
35
36
Training & Certification Process for Sales
Professionals To Work With the Internet / BDC
	
  
37
Process
PhoneEmail
Turn over
not ALWAYS necessary
Setting appts Confirmed appts
Appointment
showsText
Social Media
Video
Follow up
38
CRM
Operations
protocol
Action
plans
Notes
Prospect
status
Database
segmentation
Department Organization
39
Production Ratio for 100 Units
Internet Director Point Guards Internet Sales Coordinators
1
2 3 4
5
600 Fresh Leads + 400 Carry Over Leads = 1,000 Opportunities
Department Organization (scheduling)
40
Monday, Wednesday, Friday 9 - 6
Tuesday & Thursday 11 - 8
Rotating On Weekends
Team 1 (odd)
Internet Sales Coordinators
Monday, Wednesday, Friday 11 - 8
Tuesday & Thursday 9 - 6
Rotating On Weekends
Team 2 (even)
Internet Sales Coordinators
Cover Staffing Shortfalls
Excluding Weekends
Team 3 (flex)
Internet Sales Coordinators
1
2
3 4
5
Sales Consultants Point Guards
Department Organization (scheduling)
41
Point Guards Internet Sales Coordinators
Utilize Point Guards to augment scheduling requirements (weekend / time off)
How Do You Make Money In Service?
42
Maximizing Operations
43
Team 1: 9a - 6p (M, W, F) 11a - 8p (T, TH)
Team 2: 11a - 8p (M, W, F) 9a - 6p (T, TH)
9 - 11 Lost A.M. productivity
6 - 8 Lost P.M. productivity
You Wouldn’t Leave the BIG Game at Halftime
44
PRIME TIME
for connecting via the phones
45
Don’t Leave Money on the Table
6 - 8 P.M.
46
4 hours of inactivity per day
results in a 22% reduction in
daily productivity
18 working hours per day - 4 lost production hours per day = 12 hours worked
12 hours worked
4.5h x 100% = 22%
*
*
Evolu1on	
  
47
BDC/Internet Department
Use the
Showroom
Bootcamp
Showroom Sales
Coordinator
Incubator
Training Promotion
in the following ways (cross pollinate)
SYNERGIZE
48
Create ACCOUNTABILITY . Inspire GROWTH . Produce RESULTS
Sell More Cars
49
You want to have a Holistic and Synergistic approach to Internet Sales / BDC.
Creating a continuous “customer appointment factory” is the GOAL.
50
The New Internet
Dealership
Sean V. Bradley, CSP
Founder/President
Dealer Synergy
Audubon,NJ
267-319-6776
seanb@dealersynergy.com
@seanvbradley	
  
	
  
Your	
  
photo	
  here	
  
Please	
  visit	
  the	
  NADA	
  Pavilion	
  
in	
  the	
  Expo	
  Hall	
  for	
  informa1on	
  
on	
  accessing	
  electronic	
  versions	
  
of	
  this	
  presenta1on	
  and	
  the	
  
accompanying	
  handout	
  
materials,	
  and	
  to	
  order	
  the	
  
workshop	
  video	
  recording.	
  

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The New Internet Dealership

  • 1. The New Internet Dealership Sean V. Bradley, CSP Founder/President Dealer Synergy Audubon,NJ 267-319-6776 seanb@dealersynergy.com @seanvbradley     Your   photo  here  
  • 2. 2
  • 3. 3     Current Situation Analysis Overview     average showroom sales consultant sells 9.6 units per month
  • 4. 4   10 sales people, 2 - 3 managers (plus F&I) for 360 “ups” and 96 deliveries! 360“ups” 96Sales team   Current Situation Analysis Output     Deliveries
  • 5. 5   Current Situation Analysis Allocation     650400 250 Sales team Fresh Internet leads Residual Flow Factor Total opportunities
  • 6. 6   Current Situation Analysis Conflict     Lack of respect . No support . Lopsided resources . No training
  • 7. 7   Current Situation Analysis Mis-match     Many dealers still do NOT recognize the SINGLE MOST POWERFUL Opportunity… the INTERNET! The way they engage the Internet is NOT conducive to success.
  • 8. 8 Current Situation Analysis Division Dealers that do recognize the Internet is the ultimate opportunity for profound growth and success, they almost all fail to implement a true holistic approach.
  • 9. 9 Doing the SAME thing expecting DIFFERENT results INSANITY
  • 10. 10   Current Situation Analysis Approach     What is the right way?
  • 11. 11 Internet Leads Divide the leads among showroom staff Segregated & dedicated sales team Team of Internet sales consultants   Current Situation Analysis Approach    
  • 12. 12
  • 13. 13 Action A DEDICATED TEAM Open to close in shifts. Constant TEAM of phone sales professionals AND follow up experts.
  • 22. 22
  • 23. Conserva1ve/Smaller  Department   450  Ac2ve  Opportuni2es   3  Coordinators  x  120  Calls  Per  Day  =  360  Total  Calls  a  Day   360  Calls  Per  Day  x  22  Working  Days  =  7920  Calls  x  14%  Connec1on  Rate   1108  Connec1ons  x  25%  Set  Rate  =  277  Appointments   277  Appointments  x  55%  Show  Rate  =  152  Ups   152  Ups  x  42%  Close  Ra1o  =  64  Units     23
  • 25. Reality  Check  Example   300  Cars  a  Month   27  Salespeople  Genera1ng  111  units  from  Phone/Internet  Department   189  Remaining  Units  from  the  Showroom     27  Salespeople  /  189  Units  =  7  Units  Per  Salesperson   8  Ways  to  Sell  a  Car  -­‐  2  Ways  (Phone/Internet)  =    6  Ways   Increase  2  Units  x  27  Salespeople  =  54  Addi1onal  Net  Units     25 Point  of  Diminishing  Return  on  Follow  Up  for  the  Showroom  
  • 26. Reality  Check  Example   26 189 Units + 54 Additional Net Units = 243 Total Units from the Showroom
  • 27. Reality  Check  Example   Because  of  the  shiN,  conven1onal  Showrooms  are  neglec1ng  the     6  OTHER  ways  to  sell  a  car.         27 ●  Phone Ups ●  Internet Ups ●  Walk Ins ●  Be Backs ●  Service Conversions ●  Orphan Owners ●  Referrals ●  Prospecting
  • 31. 31   Implementation An interdependent “Internet” dealership.     Showroom dept Internet dept Synergistically setting up BOTH the Showroom department as well as the Internet department and then INTEGRATING them together!
  • 33. Point Guards 33 Point Guards are Hybrid Professionals functioning as BOTH Sales Consultants and Internet Coordinators. Besides being a sales professional they should be able to handle calls and function EXPERTLY on the phone.
  • 34. Point Guards 34 Being a Point Guard should be considered a promotion or a REWARD.
  • 35. ●  Perpetuate Departmental Momentum ●  Substitute Teacher ●  T.O. Manager ●  Take Inbound Phone Ups ●  Share Automotive Knowledge with the Internet Department. ●  Possess the ability to provide the selling component to a prospect. Point Guard Responsibilities 35
  • 36. 36 Training & Certification Process for Sales Professionals To Work With the Internet / BDC  
  • 37. 37 Process PhoneEmail Turn over not ALWAYS necessary Setting appts Confirmed appts Appointment showsText Social Media Video Follow up
  • 39. Department Organization 39 Production Ratio for 100 Units Internet Director Point Guards Internet Sales Coordinators 1 2 3 4 5 600 Fresh Leads + 400 Carry Over Leads = 1,000 Opportunities
  • 40. Department Organization (scheduling) 40 Monday, Wednesday, Friday 9 - 6 Tuesday & Thursday 11 - 8 Rotating On Weekends Team 1 (odd) Internet Sales Coordinators Monday, Wednesday, Friday 11 - 8 Tuesday & Thursday 9 - 6 Rotating On Weekends Team 2 (even) Internet Sales Coordinators Cover Staffing Shortfalls Excluding Weekends Team 3 (flex) Internet Sales Coordinators 1 2 3 4 5 Sales Consultants Point Guards
  • 41. Department Organization (scheduling) 41 Point Guards Internet Sales Coordinators Utilize Point Guards to augment scheduling requirements (weekend / time off)
  • 42. How Do You Make Money In Service? 42
  • 43. Maximizing Operations 43 Team 1: 9a - 6p (M, W, F) 11a - 8p (T, TH) Team 2: 11a - 8p (M, W, F) 9a - 6p (T, TH) 9 - 11 Lost A.M. productivity 6 - 8 Lost P.M. productivity
  • 44. You Wouldn’t Leave the BIG Game at Halftime 44
  • 45. PRIME TIME for connecting via the phones 45 Don’t Leave Money on the Table 6 - 8 P.M.
  • 46. 46 4 hours of inactivity per day results in a 22% reduction in daily productivity 18 working hours per day - 4 lost production hours per day = 12 hours worked 12 hours worked 4.5h x 100% = 22% * *
  • 47. Evolu1on   47 BDC/Internet Department Use the Showroom Bootcamp Showroom Sales Coordinator Incubator Training Promotion in the following ways (cross pollinate) SYNERGIZE
  • 48. 48 Create ACCOUNTABILITY . Inspire GROWTH . Produce RESULTS Sell More Cars
  • 49. 49 You want to have a Holistic and Synergistic approach to Internet Sales / BDC. Creating a continuous “customer appointment factory” is the GOAL.
  • 50. 50
  • 51. The New Internet Dealership Sean V. Bradley, CSP Founder/President Dealer Synergy Audubon,NJ 267-319-6776 seanb@dealersynergy.com @seanvbradley     Your   photo  here   Please  visit  the  NADA  Pavilion   in  the  Expo  Hall  for  informa1on   on  accessing  electronic  versions   of  this  presenta1on  and  the   accompanying  handout   materials,  and  to  order  the   workshop  video  recording.