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Posts Tagged ‘auto dealer leads’

Ensuring a Quality Auto Lead

Posted on: December 2nd, 2011 by credit

Things have now become easier for car dealers and even for car buyers to find each other and negotiate on a deal that seems perfect for both of them.  This is through the help of auto lead generation companies.  They work by acquiring car leads, which are essentially lists of prospect car buyers, from direct applicants or from other sources.  Buyers would fill out an application form providing all the information required as well as some financial and car details.  Lead generation companies would then evaluate these applications to see which ones qualify for the demands of their clients, which are mostly dealers.  Car dealers would just have to purchase these leads form these companies and contact each one in the list to start doing business with them.

However, lead companies have different systems of gathering leads.  Car dealers have to be wary of their inconsistencies and mediocre practices.  They have to ensure that the lead company they chose only provides quality leads.  How can dealerships ensure this?

Car dealers have to make sure that the company they will be trusting is an established company with trust and credibility built for quite a time already.  This also implies that the company already knows what they are doing and they are almost, if not guaranteed, experts in the field.

A good lead company does thorough research before producing an auto lead.  Research means being able to find the best prospect customers who are likely to buy a vehicle and not just those whose applications were rejected.  Some companies would even include auto leads which are not, in essence, anymore eligible to be accepted in a car loan.  There are many reasons why an applicant may not be qualified and lead generation companies should know what they are.  A car dealer do not actually care about such applications.  They are only looking forward to real prospect buyers.

Car dealers should also ensure that the lead company does not offer the same auto lead to their other clients, especially to the competition!  If the company is not saying anything about it on their advertisements, dealers better ask about it upfront.  There is no point in acquiring auto leads from a company if the dealer would have to compete with other dealers for their prospect customers.  Lead companies which offer exclusive leads are quite hard to find but they do exist.

Finally, a good lead generation company provides comprehensive leads.  Aside from the most basic and important information, they should be able to provide adequate details that could be helpful for dealers in assessing the buyers’ financial status and capability.   A good auto lead has at least the full name, contact details and information on the applicant’s current car.

Generating Automotive Sales Leads

Posted on: December 1st, 2011 by credit

The automotive industry has been more and more competitive especially in generating automotive sales leads.  There are two ways by which auto leads are generated now.  One way is when car dealers generate them with their own efforts and the other one is by purchasing them from lead generation companies.

Car dealers can generate automotive sales leads themselves either through conventional ways or Internet marketing strategies.  The conventional ways include telemarketing or cold calling, advertisements and referrals.  Cold calling is done by calling the prospect customer and offering the deal right there and then.  Although there have been many cases where these calls are turned down, many were still proven that this strategy actually work.  Advertisements through television commercials and print ads is also obviously conventional.  Although this is in less contact and interaction with the leads, they are effective in making the dealer’s offer noisy and sometimes, eventually public.  Dealerships also create referral programs where existing buyers can earn some sort of commission when they refer the company to others.  This indeed generates more leads while giving the buyers some sort of incentive.

These marketing strategies are done by dealers who believe that direct contact with the client is better and that these traditional strategies are more reliable.

Aside from traditional methods, car dealers generate automotive sales leads for themselves through Internet marketing strategies, which could still be quite new to some but are already proven effective.  The strategies include email marketing, search engine optimization or SEO, social media marketing, link building, and more.  The good thing about this type of marketing is it makes something viral.  If car dealers want a faster process for generating auto leads, they could try doing some of these strategies.

Car dealers also purchase automotive sales leads from lead generation companies. These companies do not only provide lists of prospect customers but some of them make sure that their clients get quality and comprehensive lists. Car dealers should look for these companies who only provide quality leads. This method of lead generation is much easier compared to the conventional and online methods where dealers have to really work it.  After lead companies forward the lists to their clients, it is an easy road ahead for the car dealers. They would just have to call the people included in the list. Moreover, good lead companies provide lists of people who applied for a loan most recently. This means that these people need a car and are most likely to purchase one.

Purchasing leads from lead companies are originally purposed to boost up the sales of the dealerships. However, dealerships should be aware of the lead companies who practice mediocrity. It has to be ensured that the lead company that will be chosen would really help the company and not pull it down instead.

What You Need to Know About Auto Leads

Posted on: December 1st, 2011 by credit

 

When it comes to discussions about car sales and car dealerships, the phrase  auto leads  gets mentioned often.  The phrase sounds familiar to many people, but only a select few understand what these leads are all about.  In fact, it is safe to say that there is a considerable number of individuals who are clueless about this topic.  However, for car sellers and car dealers, these leads are crucial to their business. 

 

The concept of auto leads is best understood when one knows why a consumer purchases a product or chooses a service.  Before a buyer selects a product or service, he or she must first consider what he or she needs and wants.  For example, one consumer is interested in buying a bath soap.  Of course, the consumer would pick the bath soap that is most appropriate for his or her skin type, budget and other preferences.  These factors are what makes the buyer choose one product over another.  If these information were given to all bath soap manufacturers, product sales would be easy; this is because the manufacturers would know their target market.  In the car sales industry, the target market is the auto leads.      

 

Auto leads are defined as the consumers who are planning to buy cars.  They are individuals who have visited car dealers to find a suitable vehicle and vehicle financing for them.  The fact that these people visited car sellers means that they really are interested in getting a car.  It is these interested consumers that every car salesman needs.  They are not just window shopping for new wheels; they are actually determined to make a purchase.  If the car sellers have the vital information about the interested buyers, they would have no problem making a sale.  Naturally, a car seller would gain more profit by getting leads.

 

The process of getting leads differ from one company to the next, but one thing is for sure: the process involves money.  To get a good car lead, a dealer has to provide funding for marketing and advertising, among other things.  One cannot get a lead for free: information about potential customers such as names, addresses and contact details come with a price.  Nonetheless, the price to access these information is but a small one to pay as the information itself can lead to more revenue.

 

Because of the Internet, looking for car leads is much easier for car dealers.  There are many third party companies online that offer lead listing to all interested institutions.  They can opt to sell the leads or just rent them to the car dealers and other sellers.  However, car sellers should be very careful in choosing the company that will be providing them with leads.  There are companies that provide the same leads to competitors of a client company; this means that there is a possibility that the leads could have been used already.  Car dealers should look for lead providers that do not share the leads with other dealerships.

Finding Quality Automotive Leads

Posted on: December 1st, 2011 by credit

 

There is a growing trend in the automotive marketing industry.  Most car dealers now no longer believe in the effectiveness of traditional advertising such as television commercials, print ads and billboards to draw the attention of as many prospect customers as they need.  They want customers that will surely agree with their products and services. The Internet has become a vital tool in revolutionizing the way car dealers attract their automotive leads.  Internet marketing is how car dealers do it today.  Because of this, the competition in the automotive industry has just gotten tighter.  Here are some ways by which car dealers do it today.

 

One of the most common marketing technique in the Internet is search engine optimization or SEO.  The goal in SEO strategy is to make one’s website appear in the front page of search engines, making it high ranking.  Consequently, the website of that business will have more exposure and attract more visitors.  SEO strategy is done by targeting the right keyword.  In the context of finding automotive leads, the keyword that will be used in the content of the website should be something that prospect customers would search for in the search engine.  Aside from the official website, a business can also put up a blog where fresh and new information related to the nature of the business are found.  Businesses can also write original articles and submit them to article directories.  By writing genuine articles using the right keywords, the SEO strategy will be a success.

 

Another technique used to attract automotive leads through the Internet is email marketing.  From the term itself, it means sending leads with promotional newsletters and other forms of content.  The goal of this strategy is to incite enquiries, applications, registrations, and the like.  However, this should not be overdone.  It requires skill to promote through emails without sounding like spam.  Otherwise, email marketing would just lose leads.

 

With social media thriving in marketing nowadays, it has become a very effective strategy to promote products and services and to recruit automotive leads.  Social networks, like the most prominent now which are Facebook and Twitter, are havens where marketing can be viral.  Car dealers can put up a fan page in Facebook showcasing their offers and services.  Through users liking the page, the information about the business can spread like wildfire. However, there are proper ways of doing this, just like with the other Internet marketing strategies.

 

Video marketing is also quite new but also effective.  There are many free software online that could be downloaded and used to generate videos about the business and be posted in video sharing sites.  They should be informational more than promotional.  Otherwise, these sites would detect the videos as spam and would never allow any more postings.

 Internet marketing has become more convenient and effective–in a way that it can be viral–way of attracting leads.  Car dealers would just have to learn these new techniques as well as the rules of the game.

Automotive Loan Leads – Secure your Furture Today

Posted on: November 29th, 2011 by credit

With the competitive automotive industry today, providing consumers with your message first and fast before your competitor does is every more important.  Dealers in today’s market have seen traffic drop by 50% in some areas. The ability to stock inventory is ever more difficult. Thus the having the correct information will provide critical data as to who are the consumers in your area. Do you really want to waste thousands of dollars on TV ads to a certain zip code when less than .003% of that market in actively in the market?

The question is who is your customer and what stage in the car buying process are they in?

Prescreened Automotive leads or special finance leads are the way to gather all the information you’re looking for. With this data your company will have the unique opportunity to reach out to the consumers within a100 mileradius of your store that are in the market and are 100% ready to make a purchase today!   Automotive leads provide the dealership with all of the information needed to make contact with the customers in their market. Valuable information like Name, address, Job time, Monthly income etc. are just a few things provided to you.

These new advance pre-screening of automotive leads produce a higher quality and are only offered on a market by market basis. Meaning that we only offer leads to one dealer in each market, rest assured that the quality of the lead you are investing in will always remain exclusive. The best part of the automotive leads is that they will provide your team with a list of customers in your market that are ready to make a purchase right now today.

The question is not do you want to secure your market? The question is how many do you want?

 
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