Archive for April 7

April 10, 2010 – Dealer News

log

Paramo Group Inc. Newsletter )
April News April 2010
In this issue

  • System updates
  • A view on Social Media
  • Poll, let us know
  • PGI on Facebook
  • Facebook data
  • CL hourly traffic
  • CL most hits
  • Chat code added
  • AutoB.com coffee mug
  • CL template faults
  • CL address replaced
  • CL tittles implemented
  • AutoB.com event
  • Online training
  • Video of the month
  • Dear dealers,

    Lately I’ve been working on gathering data and learning about some of the consumer chanes in shopping habits so I included some of that data in this newsletter.

    My goal is to be able to offer the right tools and products for you to market your cars to the new market trends. At the same time I think it is important that you have that data and also create your own ideas.

    Craig’s List has also taken a lot of our time since the last newsletter with some changes and new implementations. Right now we are working in a new array of templates.

    Social media is starting to shape into a big part of our business with lots of different aspects and angles to it. I expect a stiff learning curve all year.

    Next week we are also starting a weekly GoToMeeeting training sessions. We have added so many new things in the system that it will be a good thing to have small-quick review sessions with the dealers (check the link at “online training”).

    I believe we are the company with more field people that works with the dealers on a one- on-one basis but this will be a good way to do quick reviews or check small updates.

    We added our support chat back to the system so you can now chat with our support guys again (we were low on people but a little while).

    Support and training will be a major focus for the next 3 months to get everyone ready for the summer time.

    Please email me with any questions.

    We hope this helps!

    Yago Paramo

    System updates
    clpr

    There is a new drop down menu in the CL Advanced posting tool that will recall all 3 prices fields that you have available on each vehicle in the system.

    This will allow you to enter prices on these fields when you book/price the inventory and decide different strategies for the CL postings.

    Notes about multiple prices in advertising:

    In WA you must sell a vehicle for the lowest advertised price, so this tool wasn’t made with the intention of running a multi pricing advertising and get the dealer in trouble.

    There are several things that can be done and for what this tool was set up.

    First of all, the tool will allow you to run a slightly different price, for example just a $1 difference, in different areas and therefore give you a crude but valid tracking ability. By the same token, those of you that use multiple people to post, or use us plus one of your sales guys, etc, can do the same. Run different prices, one team prices ending on a $10,993 and another’s on $10,992 for example. I don’t think a $1 difference in price will get anyone in trouble.

    My goal for this was to give dealers the ability to run smarter campaigns and be able to post in the best possible areas.

    Secondly but not less important, this will allow dealers to also post some cars without a price and not having to delete the price every time they post the car (with the certain consequence sooner or later to have a miss-price).

    Running a car with a price and then with no price is not against the “lowest price advertised” policy as one of them has no price.

    You can read below more about Craig’s List strategies and why running some cars with no prices.

    A view on Social Media

    I see social media as being invited to a party; if you don’t go there is no much of a loss–at least not monetary loss for the most part, and if you go there is no guaranteed gain. However you know that if you decline the invitation enough times you will miss with in the community to the point of not being invited again.

    While social media (SM) will not offer a direct sale of a vehicle to the dealer it is clearly becoming a part of how the community wants to know about you and your business. Customers will use SM to check your past actions and interaction with customers and decide whether you are a candidate to do business with them.

    The product is relinquished to a second role and the merchant–the qualities of the merchant it is–becomes the main subject.

    Interesting enough dealers have already been doing SM for years: You sponsor little leagues, joined the BBB, the chamber of commerce, help the fire department, etc and it all resulted in a wood board somewhere lost in a wall at the dealer. You also try to get your cars as ready as possible and to fix any little nuisances that may occur after a sale. You do that because it has always been one of the keys for business longevity.

    SM is the name we use to putting together your social involvement, your customer care, and your actions in one package that defines who you are into your Internet profile.

    There are multiple pieces in SM that you must consider.

    Twitter: I don’t see Twitter more than a useful tool that can be for the most part automated to help the dealer with SEO. In less than one month we were able to push Hyundai of Everett into Goggles’ second page. Twitter may play a key role on SEO just like a blog, as tweets about your business compound over time the sheer amount of key words and back links may position it at the top of the searches. Start building a Twitter, however simple may be, as soon as possible.

    Facebook:I think there is no doubt that FB will play a major role in the way communications and customers get information about products (it already does) but the key is going to be how to build it right so it becomes a positive experience rather than a problem for the business.

    The communication must be short and informative in nature. Constant messages about a new car or a $2 discount on an oil change will lose appeal pretty quick. I strongly believe that 1 to 2 a week postings with either detailed information on a vehicle (the vehicle itself, extra info, link to a video, etc) or dealer updates suffices. A second option is to add news and articles about the make on top of the local ones (new vehicles, involvement like for example Ford’s Warriors in Pink) has no limit to what can be added. These are news that appeal to your make’s buyer and that have a bigger message that your business while keeping your customers connected to you.

    Having the inventory on Facebook seems to be pretty important. It indexes in Goggle pretty well.

    I do like about FB that it can be tied to a blog and the information moved between them making each posting twice as effective.

    Blog: The least talked most important piece of social media.

    Blogs have been around for a long time, but until now people didn’t spend this much time checking consumer generated data. A blog also ties into Facebook and Twitter, so what you write in your blog goes into the other 2 sites and viceversa.

    What I like about the blog is that it compounds over time, it grows and grows, page after page, with key words and links, all related to your business. Everything gets logged and everything gets indexed. Furthermore the blog allows you to be creative with things beyond the regular car biz message, as an example we added the Warriors in Pink charity work to Sound Ford’s blog as well as a paypal link to one of the foundations that they work with.

    Aggressive social media: The way many dealers took an approach to search engine marketing (SEM) has resulted in, no results. SEM was focused as something you do to get into other dealer’s market by using their key words and names so offensive and defensive strategies had to be applied. The result was a WWI trench war: You spend $2000 attacking my key words then I spend $2000 defending my key words.

    Unless your competitor was sleeping in the clouds there is no clear way to get an advantage.

    I see social media taking the same course, perhaps even deeper. I was asked by a dealer how is that we could do social media for them and at the same time for a dealer of the same make in the same area.

    The answer is that social media is not about you against the other dealer, it is 100% about you. Is about your relationship with the community, is about how your past actions may reflect on how you will act towards me and the business that I may decide to do with you.

    Social media will work or not work for a dealer regardless of what other dealer does but on how he focuses his energy on it. Because of this, reputation management is so associated with social media (and not just content management). You will have a hard time faking who you are, specially with so many people being able to write back, but you can manage it and make the best out of it.

    That is how we see Social Media at PGI.

    If you share our vision, please email us with any questions about Social Media here or check us out at www.pgisocial.com.

    Poll, let us know

    If we do another “dealer movie” night, what day would be best for you to attend?

    Please answer here or just go to PGI’s web site and the poll will be on the right corner.

    Yago’s comment:

    Robin Hood is coming up in May so I’m thinking to repeat last years movie event (which turned pretty good).

    Most likelly we will do Kirkland or Alderwood as both places are pretty central (I know, we have to do one in the South afterwards).

    PGI on Facebook
    pgifb

    Please join us on Facebook.

    You are also welcome to link/fan your dealer’s facebook page to ours.

    Facebook data
    fbs

    Thanks to J. Hamilton for sending this to me.

    CL hourly traffic
    clpageviews

    Although this is a total system traffic (that’s why the numbers are so high), the purpose is to show the consumer behavior by the hour throughout the day.

    CL most hits
    cltrff

    This report shows the cars with the most hits on CL. Since we added the “days online” column it also shows an interesting trend: The cars with the most hits are the ones they have been online the longuest– and therefore they bhad the higuest chance to count page views.

    The way I see this information useful tot he dealer;

    If your car got 10,000+ page views and it hasn’t sold; you must change something on the ad (the price, put wheels, etc).

    You can view this report in your Diamondlot/Autobase account by clicnking on “Craigslist Most Popular Cars”.

    You can also follow the hits on your individual cars by checking the “Craigslist Hit Report”.

    Chat code added
    chclt

    We added the chat code for all of you signed in the program to the new placeholder in the database (mainly for Craig’s List ads).

    This should free up the Craig’s List head code space for other things and make the ussage of multiple code easier for you.

    AutoB.com coffee mug
    yago

    Get you FREE limited collectors edition of AUTOB’s coffee mug!

    As you can see in the photo I was tired and ready to go home, after drinking coffee from the AutoB mug everything changed. You need to experience this for yourself.

    To get one call Oli or Linda and leave a message (huge volume of calls expected!) or email me, they will get one to you asap.

    Oli: 206.850.0144

    Linda: 425.765.5003

    While supplies last!

    CL template faults
    cjiji

    When using full photo templates you risk the entire add if the image doesn’t display like on this screen shoot.

    If I have to make a guess, the vehicle was sold over the week end and since it pulled from the inventory the image is not available to link to it.

    As you know many customers look at cars over the week end, think things over, and you sell them a car on Monday or Tuesday. If they use Craig’s List as a reference to find you back you may lose the deal as I believe that even though you may ahve sold that car already at least you have a shot at another one if a second customer calls you.

    This is why in our system we keep the cars links and photos active (not send in the feeds anymore but it can still link to it) and we also break the photo templates into different pieces to the contact image or text is always present in the ad.

    CL address replaced

    For all accoutns on full service we have changed the address line with a commnet.

    We felt that the address line displaying in the list page may actually be detrimental to the dealer as a customer may put a negative value on the dealer’s location before it even looks at the vehicle.

    On the other hand, adding a comment such as “we finance”, “trades welcome”, or even the phone number may get an extra click on that ad.

    CL tittles implemented

    We have implemented the custom tittle tool in all Craig’s List full service accounts.

    From now on the service reps will either use the custom comments that you enter on the vehicle or they will use one of the “common” comments that you provide for the account.

    AutoB.com event
    154

    We have to be the only ones that sponsor a concert where the main guy plays the accordion… None the less it seems that Oli had fun while looking after our sponsorship and working hard in the public relations area of the business.

    You have to admit that no one else would bring your business to as many different communities as we do (we actually distribute the magazines in the Chinese and Korean markets!).

    For more information about The Auto Book and how to participate in the next concert contact Oli @ 206.850.0144

    Online training

    When: Wednesday 14th
    Where: from your PC
    About: Using new tools on CL advanced
    Time: 11am PST
    Duration: 20 to 30 minutes
    Limited to: 15 people

    How to attend? email Bayani and he will email you a link to the meeting and an access code.

    Why if I can’t attend? We still have Danielle, Dan, Yago, Dennis in the field and Bayani or Jim over the phone. The PC meetings are designed for dealers to ask questions and resolve practical problems in a group.

    We will hold this mettings in a weekely basis so if you miss one you can attend the next one.

    Video of the month

    For those of you that appreciate travel and other cultures, this is a great video of a weddin g in Spain with song included (not proffesionals).

    This video is number one in the Yoube charts in Spain.

    PS: Don’t show this video to your girlfriend.

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