paul sansone jr.: to win the war against your competition you need a strong air and ground attack

31
To Win The War Against Your Competition You Need a Strong Air and Ground Attack. Paul Sansone Jr. Page 28

Upload: sean-bradley

Post on 27-May-2015

165 views

Category:

Automotive


0 download

DESCRIPTION

To Win The War Against Your Competition You Need a Strong Air and Ground Attack

TRANSCRIPT

Page 1: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

To Win The War Against Your Competition You Need

a Strong Air and Ground Attack.Paul Sansone Jr.

Page 28

Page 2: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

By: Paul Sansone Jr.

To Win The War Against Your Competition You Need A

Strong Air And Ground Attack

Page 3: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

What is the #1 question your dealer asks your

sales manager?

Page 4: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

How Many Cars Did We Sell Today?

You are 1 team,

NOT Internet Vs. Floor!

Page 5: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

Why is There a Need to Combine Forces?

5

Get Salesman Back In The GAME!!!

1. Competition for the customer is so fierce

2. High cost of generating new business: How much $ for lift

3. Army of salesman that has been under utilized

Page 6: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

How Things Have Changed1. Customers have changed

2. The way dealers go to market

3. Advancement of Technology

6

Page 7: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

7

2014

1980 VS.• Traveling to 6-10 dealerships• Brochures• Newspapers ( Price)• Calling Dealerships • Test Drive

• Travel to their couch • Internet/ Web Browsing (Avg. 18.5 sites)• Online Access to Multiple Dealerships • Cars.com• Edmunds/ Kelly Blue Book• True Cars• 70- 80 % of consumers go through pre-selection

process *• Customers visit only 1.3-1.6 dealerships *

Shopping Habits of Today’s Consumer

J.D. Powers Statistics *

Salesman very engaged

Virtually No Salesman Engagement

Page 8: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

Sales Staff Experience

Consumer Knowledge

0

10

20

30

40

50

60

70

80

90

Consumer Knowledge Vs. Sales Staff Experience1980-2014

Where Do We Stand Now?

Most Educated Consumer Negotiating With

the Least Experienced Sales Staff.

Salesman Experience Vs Customer Knowledge

1980

Salesman Experience Vs Customer Knowledge

1990

Salesman Experience Vs Customer Knowledge

2000

Salesman Experience Vs Customer Knowledge

2014

Page 9: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

What Options Do You Have?

9

A. Un-educate Our Consumers

B. Train, Educate & Invest in our Personnel. Build up our Ground Force (Salespeople) and our Air Attack (BDC)

A Business Within A Business

Page 10: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

10

BDC

Lead Buying BDC Focused Dealership

Sales Staff

Page 11: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

11

BDC Salesman

2014

Page 12: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

12

Salesman “College” Degree • Meet/Greet/Qualify• Product Knowledge • CRM• Referrals/Networking• Social Media * Salesman “Master” Degree• Phone Skills• Internet • Lease Retention• Orphan Owners • Service Lane• Equity Mining • Live Chat

* Sales meeting from Sansone Jr’s 66 Automall

My Story

Page 13: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

“Hunters” Vs. “Farmers”I Quickly Learned That…• Most of My Sales People have a “Hunter’s

Mentality”There is a need for the “kill” or instant gratification

• BDC Leads need a “Farmer’s Mentality”They require cultivating relationships over time

Page 14: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

14

Dealership

Lead Generating, Salesman-Focused Dealership

• Teaching your sales staff to generate their own business,

• Most Cost Effective Approach

Page 15: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

Relationship Selling: Make the Numbers Work for You

Lead Source Closing Ratio

First Time Ups 9%

Internet Leads 10%

Be Backs 67%

Repeat Buyers 60%

ReferralsFriends, Family, Networking

55%

15

Source: Car-Statistics

Relationship Selling:

Best Results – Takes more work.

Most advertising dollars are

focused here to ask the dealer to spend more

money

Page 16: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

Make Referrals and Networking a Bigger Part of Your Business

• 30% of purchasers have a family member who plan to buy a new or used car within 90 days

• 60% of purchasers know someone who will buy within 60 days• 71% buy because they like their salesperson• 40% higher gross on repeats and referrals• Higher CSI• Easier transaction for everyone (38 minutes less)

IT’S A GREAT SALES APPROACH!!!Source: Earn Over $100,000 Selling Cars – Every Year by Joe Verde

16

Page 17: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

We Focus On Balance

Price or Offer Motivated

Relationship Motivated

Social Media

Previous Buyers

Networking

Referrals

Internet

Direct Mail

Radio & Television

Newspaper

17

• Higher Closing Rate

• Higher Gross

• Higher CSI

Lead SourcesAir Strike Ground Strike

Page 18: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

18

Take Responsibility & Ownership Of Your Business

(Insert Name) Motors

Page 19: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

19

What Tools Do You Need To Be A Successful Business?

WebsiteDealer/Salesperson

EquipmentDealer

Marketing Dealer/Salesperson

FinancingDealer

Staff PersonnelDealer/Salesperson

InventoryDealer

Page 20: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

20

Marketing Your Business

CRM

A) Use your CRM as a marketing tool.B) Use social media to sell cars todayC) Invest in yourself (EZ Connect) and or other dealer branded personal marketing

material

• Tier 1 : National • Tier 2 : Regional• Tier 3 : Dealer • Tier 4 : Salesman

Page 21: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

21

Look @ Your CRM as… Personal Assistant

&Marketing Department

Look @ Social Media as Your …Advertising.

Look @ Your Referral Agents as…

Employees

Page 22: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

My StoryStrong Ground Attack (Salesforce)• Over 5,000 Referral Agents Signed Up in Just 2 Years• Over 700 EZ Referral Deals in The First 2 Years• Sales People were given their own Personal Websites to Help Them

Truly Become a Business Within a Business• Social Media Marketing by Individual Sales People via Their Personal

Websites• Individual Sales People Marketing to Hispanic Community• Sales People Were Trained on How to Build and Cultivate Personal

Networks• Women Selling Cars to Women Program• Vet Cars Program• Extensive Work With Non-Profits Vets Cars Program

Page 23: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

Had a Weak Air Attack (BDC)• Low Internet Lead Conversion Rate• Tried Using Core Sales Force to Handle Certain

BDC Tasks• Tried to Create a Hybrid Air/Ground Attack

Force

Page 24: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

As The General, What Did I Do?• Built Up My Air Force• Full Re-Launch of my BDC

Retrained Existing BDC EmployeesHired Additional BDC EmployeesInvested in On-going Training and Support by

Industry Leader• Reviewed Lead Sources

Purchased vs. Organic

Page 25: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

• Conducted a Complete Vendor ReviewWebsitesSEO ExpertsIncrease Site ViewsIncrease ConversionsIncrease Number of Leads Sold“Swipe and Spin”Automark Solutions “Price Quote”Social Media PresenceWeaving Everything from Dealer on Down to

Salesman’s Personal Websites

Page 26: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

So Hopefully At Our Next Meeting I’ll Be Able To Tell You…

How I Won The War!

Page 27: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

27

Summary• Old school selling, with new world technology1. Mobile Technology, 2. Replication Websites, 3. Electronic Debit Card Payments, 4. Personalized Salesman Websites

• Relationship-Selling model vs. price business model

• Provides all of the training & technology to change the culture of your sales staff.

- Generating their own business vs. waiting for the dealership to generate leads for them.

• Designed to grow your business organically from the salesperson out.

Page 30: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

30

• EZ Connect, coupled with EZ Referral Network is the perfect tool for salespeople to create their own leads and build a large customer base.

Page 31: Paul Sansone Jr.: To Win The War Against Your Competition You Need a Strong Air and Ground Attack

31

• Each salesperson will have their own website that they can use to market themselves. The most effective forms of social media are connected to the site: