how social marketing can drive sales - tips for auto dealerships

25
Why Dealers Who Neglect Social Media Are Leaving Money on the Table

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People are spending more time online – reading blogs, watching online TV and interacting on social media – than ever before. Year after year, consumers have digitalized their media consumption and online now dominates. This is a clear argument for ensuring online and social media media gets a greater share of a business's advertising spend and attention. Many automotive dealerships are responding to this and using owned social media channels to improve relationships with their existing customers. And the same platforms being used to build community and engage supporters – Facebook, Twitter, Instagram – can also successfully attract new customers and generate sales. Here'e how social marketing can drive sales.

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Page 1: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

Why Dealers Who Neglect Social Media Are Leaving Money on the Table

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Page 2: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

Your customers are spending more time online – reading blogs, watching online TV and

interacting on social media – than ever before.

Source: Global Web Index

Page 3: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

Many businesses are using owned social media channels to improve relationships with their

existing customers.

The same platforms used to build community and engage supporters can attract new customers and generate sales.

Page 4: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

Effective social marketing is about leveraging your current customers to reach new audiences.

Empower customers to drive your message outwards –

provide them the platform to activate and advocate you to their own network.

Source: Deloitte Consulting LLC

Page 5: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

Why is leveraging recommendations important?

Our friends and family are

trusted and strongly motivate

purchasing.

Source: Nielsen Report: Consumer Trust in Advertising

Page 6: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

TODAY’S AGENDA: Actionable examples of how social marketing can help dealerships activate their current consumer-base to attract new customers, increase their market share, and outshine their competition. TACTICS:

1.  Gathering and Broadcasting User-Generated Content 2.  Social Event Technologies Increase Your Event

Sponsorship ROI 3.  Lead Collection with Contests or Promotions

Page 7: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

TACTIC 1:

Gathering and Broadcasting User-Generated Content

Page 8: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

Many major brands are not only incorporating consumer content into their advertising, but also using it in e-commerce or retail displays.

Dealerships can leverage customer photos into into word-of-mouth endorsements to reach new audiences and drive sales.

Page 9: How Social Marketing Can Drive Sales - Tips for Auto Dealerships
Page 10: How Social Marketing Can Drive Sales - Tips for Auto Dealerships
Page 11: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

Why Photos?

Images see the highest interaction and engagement rates on social media.

Source: Social Media Examiner

Page 12: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

SUMMARY: Purchasing a car is a life event that consumers want to capture and share. Give

them the platform to broadcast their moment.

Generate word-of-mouth endorsements from current customers to increase brand loyalty, grow meaningful digital engagement, and drive new sales.

Page 13: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

TACTIC 2:

Social Event Technologies Increase the

Return of Local Event Sponsorship

Page 14: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

93% of consumers believe events are more effective than TV commercials, print or online ads, and radio.

Source: EventTrack Research Study 2014

Page 15: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

96% of consumers said participating in an  event made them more likely to purchase.

Source: EventTrack Research Study 2014

Page 16: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

But for a lot of dealerships, the risks of event

sponsorship is too great - acquisition cost can be high and difficult to measure.

Implementing social marketing platforms lowers those risks by increasing engagement and amplifying recommendations in a measurable way.

Page 17: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

Live Event Activations and Social Content Sharing

Branded event activations help sponsors bond with live attendees and provide a way to amplify

reach and grow awareness.

Page 18: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

Social Media Feed Displays

Services like Tint Up pull user generated and branded content from various social networks into a display.

Page 19: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

SUMMARY: Creating and sharing valuable and relevant face-to-face and online experiences is truly what creates loyal customers and helps

you make more money. Using social platforms, harness the content generated at sponsored events to reach and engage wider online audiences and cultivate future sales in a measurable way.

Page 20: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

TACTIC 3:

Integrating Lead Collection into Sales and Marketing Tactics

Page 21: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

The buying process has changed, dealers must focus on providing valuable experiences and

building long-term relationships.

Incentive-based lead collection activities can be integrated into other strategies to increase the probability that they will help acquire new customers.

Page 22: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

Apps make it easy to run sweepstakes, contests, and promotions at events or online – find the right activity

for your dealership and audience.

Source: Wishpond

Page 23: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

Socially integrated contests increase your reach even more - allowing you to capture more leads.

Page 24: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

SUMMARY: Lead generation and sales

techniques have undergone substantial changes with the rise of new online and social

tools.

Execute on-site or digital activations using contests or giveaways to generate leads and start to build relationships with potential consumers.

Page 25: How Social Marketing Can Drive Sales - Tips for Auto Dealerships

Contact Info

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Joe Matthews

Tagkast

CEO and Co-Founder

[email protected]

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