Digital Retail Experience: Better and Smarter Ways to Sell Cars

[BACK]
Digital Retail Experience: Better and Smarter Ways to Sell Cars
Posted On: January 24, 2022

In light of shortages of microchips, economic dips, and the pandemic biting at our heels, the auto industry has had to examine its vulnerabilities, and it has found that digital technology is no longer an option reserved for the future but an integral part of the present. An incredible 30% of all new car sales were completed online in the past year, compared to only 2% of total auto sales conducted over the internet before the pandemic. Moreover, customers have had such a positive experience with online car sales in the past two years that online car sales are only predicted to increase from now on. With that being said, building a digital strategy for your auto dealership is crucial in this day and age, when the best car dealerships utilize sophisticated platforms like TAQ Auto, for example. These platforms bridge the gap between online and in-person automotive retail, to create the most outstanding experiences for their customers, giving them the full power to buy a car online and have it transported to their doorstep, all from the comfort of their homes. Below, you can read more about how the digital retail experience is altering the world of car sales and what it can offer to your dealership and your clients if you decide to incorporate such tools in your everyday operations. Making Your Car Dealership More Visible According to Google, 95% of vehicle buyers use digital devices to source information. Furthermore, it takes only three weeks for more than half of those prospective buyers to start their research online, twice as many as those who begin their research at a physical location. And although some car buyers start their research with an open mind, many already have a vehicle in mind by the time they get to a dealership, something that can change more quickly when digitally going through potential cars. With people watching more car-related videos on Youtube, such as test drives, walk-throughs, and more, it’s clear that video research is by far the most effective and demanded format for encouraging brand consideration. Furthermore, it’s undeniable that consumers are influenced mainly by videos when they’re in the car buying process. For that reason, dealers who want to sell more should look for ways to get potential target customers at the earlier, decision-less stage of car-buying by promoting their automotive product to these types of specialised internet platforms and offering the digital retail experience. Building Trust and Transparency With Clients The digital automotive retailing system helps car dealers improve relationships with customers and enrich their experience, along with the system helping sell more cars and make more profits. The most important thing digital retail can do is build trust and transparency with the clients, encouraging more loyalty and better customer relationships. In addition to that, digital auto retail can boost the connection between your customers and your dealership while increasing the margin on sales and your net profit at the same time. This benefits your workers, too, by creating a more streamlined workflow, making your employees more motivated and happier, which is what every car dealership owner strives for. Furthermore, this new way of selling cars is the beam of the future, transforming how your dealership engages with customers and sells vehicles while extending dealership reach as people become more aware of the overall online car buying experience. There Are Enormous Benefits for the Customers as Well Customers feel like they have even more control over the car-buying experience and process if they do it online, by exploring potential cars at their own pace, on their own time, and by setting vehicle type and price range parameters by themselves. Your clients can shop online anytime they want, with the virtual showroom of your car dealership always being open, and they can view the product late at night, after work, or at their earliest convenience. In other words, even in the hours most businesses aren’t open, your online platform keeps running 24/7, and you’re practically never closed for business. On top of that, this way, buyers get upfront information on every product specification, along with the range of loan alternatives, while shopping in a low-pressure, comfortable environment from their home. Afterward, they can decide whether they want to take the next step and contact a real-life representative for a test drive, or just wrap their buying experience in an entirely online manner, without settling the details at the dealership, because digital retail offers clients the option of completing their purchase entirely remotely, without stepping foot into an actual, physical showroom. Final Thoughts With improvements in digital retail, there is no reason to settle for the traditional way of doing things. It’s time to rethink car-buying, a process that has been stuck in the same old groove for decades. Thanks to research and development that leads to creative new ways to sell cars, digital retail is now a more innovative and better way to evolve your car dealership business.


Reposted From Source: automotiveaddicts.com


[BACK]
Digital Retail Experience: Better and Smarter Ways to Sell Cars
Posted On: January 24, 2022

In light of shortages of microchips, economic dips, and the pandemic biting at our heels, the auto industry has had to examine its vulnerabilities, and it has found that digital technology is no longer an option reserved for the future but an integral part of the present. An incredible 30% of all new car sales were completed online in the past year, compared to only 2% of total auto sales conducted over the internet before the pandemic. Moreover, customers have had such a positive experience with online car sales in the past two years that online car sales are only predicted to increase from now on. With that being said, building a digital strategy for your auto dealership is crucial in this day and age, when the best car dealerships utilize sophisticated platforms like TAQ Auto, for example. These platforms bridge the gap between online and in-person automotive retail, to create the most outstanding experiences for their customers, giving them the full power to buy a car online and have it transported to their doorstep, all from the comfort of their homes. Below, you can read more about how the digital retail experience is altering the world of car sales and what it can offer to your dealership and your clients if you decide to incorporate such tools in your everyday operations. Making Your Car Dealership More Visible According to Google, 95% of vehicle buyers use digital devices to source information. Furthermore, it takes only three weeks for more than half of those prospective buyers to start their research online, twice as many as those who begin their research at a physical location. And although some car buyers start their research with an open mind, many already have a vehicle in mind by the time they get to a dealership, something that can change more quickly when digitally going through potential cars. With people watching more car-related videos on Youtube, such as test drives, walk-throughs, and more, it’s clear that video research is by far the most effective and demanded format for encouraging brand consideration. Furthermore, it’s undeniable that consumers are influenced mainly by videos when they’re in the car buying process. For that reason, dealers who want to sell more should look for ways to get potential target customers at the earlier, decision-less stage of car-buying by promoting their automotive product to these types of specialised internet platforms and offering the digital retail experience. Building Trust and Transparency With Clients The digital automotive retailing system helps car dealers improve relationships with customers and enrich their experience, along with the system helping sell more cars and make more profits. The most important thing digital retail can do is build trust and transparency with the clients, encouraging more loyalty and better customer relationships. In addition to that, digital auto retail can boost the connection between your customers and your dealership while increasing the margin on sales and your net profit at the same time. This benefits your workers, too, by creating a more streamlined workflow, making your employees more motivated and happier, which is what every car dealership owner strives for. Furthermore, this new way of selling cars is the beam of the future, transforming how your dealership engages with customers and sells vehicles while extending dealership reach as people become more aware of the overall online car buying experience. There Are Enormous Benefits for the Customers as Well Customers feel like they have even more control over the car-buying experience and process if they do it online, by exploring potential cars at their own pace, on their own time, and by setting vehicle type and price range parameters by themselves. Your clients can shop online anytime they want, with the virtual showroom of your car dealership always being open, and they can view the product late at night, after work, or at their earliest convenience. In other words, even in the hours most businesses aren’t open, your online platform keeps running 24/7, and you’re practically never closed for business. On top of that, this way, buyers get upfront information on every product specification, along with the range of loan alternatives, while shopping in a low-pressure, comfortable environment from their home. Afterward, they can decide whether they want to take the next step and contact a real-life representative for a test drive, or just wrap their buying experience in an entirely online manner, without settling the details at the dealership, because digital retail offers clients the option of completing their purchase entirely remotely, without stepping foot into an actual, physical showroom. Final Thoughts With improvements in digital retail, there is no reason to settle for the traditional way of doing things. It’s time to rethink car-buying, a process that has been stuck in the same old groove for decades. Thanks to research and development that leads to creative new ways to sell cars, digital retail is now a more innovative and better way to evolve your car dealership business.


Reposted From Source: automotiveaddicts.com


[BACK]

Is Now the Time to Buy Tesla Stock? Is Now the Time to Buy Tesla Stock?

Posted On: November 15, 2022
On Monday, November 14, Tesla stock closed at $190.95, 2.56% down compared to the previous close at $195.97. However, Morgan Stanley believes the decline in TSLA's share price over the past few we...[More]


Lexus Will Finally Get A Proper Three-Row Crossover Lexus Will Finally Get A Proper Three-Row Crossover

Posted On: April 23, 2022
When Lexus dealerships begged the company to build a three-row crossover to slot above the RX and below the body-on-frame GX, they got the RX L. Essentially a slightly elongated RX with a cramped thir...[More]


Tesla gets its newest adoptees of NACS in Hyundai and Kia Tesla gets its newest adoptees of NACS in Hyundai and Kia

Posted On: October 5, 2023
Tesla received news this morning that it would gain two new adoptees of its North American Charging Standard, or NACS, as Hyundai and Kia both committed to using the connector for its electric vehicle...[More]


Tesla Roadster Trio in China gets new high bid and new details Tesla Roadster Trio in China gets new high bid and new details

Posted On: May 25, 2023
The trio of Tesla roadsters that were abandoned and located in storage in China has received a new high bid as the current seller looks to close the auction in just one day. However, some additiona...[More]


Musk Says That Tesla’s Next Car is Already Being Built Musk Says That Tesla’s Next Car is Already Being Built

Posted On: May 17, 2023
Tesla showed a teaser image of its upcoming new car during last night's shareholders' meeting in Texas, with the company's CEO Elon Musk actually going as far as saying that the EV brand i...[More]


Watch The Tesla Cybertruck Race A Porsche 911 Watch The Tesla Cybertruck Race A Porsche 911

Posted On: November 30, 2023
Finally, we have some concrete details about the Tesla Cybertuck following its delivery event in Austin today. Plus, we now know it'll be wickedly quick; at the event Tesla played a video of th...[More]


Tesla FSD v12 shifts away from rules-based approach Tesla FSD v12 shifts away from rules-based approach

Posted On: September 10, 2023
Walter Isaacson’s Elon Musk biography is set to be published on Tuesday, and a new preview of the book illustrates details about Tesla's development of the upcoming Full Self-Driving (FSD) v...[More]


eBike incentives are back on the table in the U.S. eBike incentives are back on the table in the U.S.

Posted On: April 10, 2023
A bill has been reintroduced in the House of Representatives to incentivize the purchase of an ebike in the United States. Many view electric vehicles as the primary solution to helping ordinary pe...[More]


Ford Expands Blue Oval Charge Network Ford Expands Blue Oval Charge Network

Posted On: October 30, 2023
Ford is expanding its BlueOval Charge Network in North America by 25 percent, bringing the network's total to more than 106,000 chargers. Ford has added three new charging providers to the Blue...[More]


Tesla Optimus Robot Put On Display In New York City Tesla Optimus Robot Put On Display In New York City

Posted On: July 10, 2023
Tesla's humanoid robot, which goes by the name Optimus, was put on display at one of the company's stores in New York City last week, with hopes of attracting more customers and increasing sal...[More]


TOP