I'm not making this call for fun!
91% of telephone enquirers buy a
vehicle within 10 days of making their initial enquiry.
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Test drive testimony
45% of prospects buy the only vehicle
they test drive, with a massive 76% buying a vehicle having
driven no more than three vehicles.
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However....
A recent year long study, carried
out by ourselves within the volume franchised arena, found
that:
Only 16% of prospects were identified and qualified
to a competent standard
Only 9% of sales personnel completed a meaningful feature
and benefit presentation
80% of part exchange vehicles were not driven prior
to valuation
Sales personnel found building rapport challenging
Only 26% of prospects were asked for their business
in a clear manner
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Performance Profanity
The majority of UK automotive retailers
invest copious amounts of time analysing sales department
performance data that bears little resemblance to showroom
reality. The very same data often provides 'substance'
to strategic business planning.
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Women wear the trousers!
According to a recent survey by
Eurotaxglass's, women not only account for 45% of the
UK driving population but also have an influence on 80%
of the vehicles purchased. However, 71% of women feel
that they are not taken seriously by retail sales departments,
with many being made to feel alienated. Equally concerning
is the fact that a recent What Car? Investigation found
that women were likely to be charged a premium of over
£500 when buying the same car as a man!
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Winning with the web!
77% of potential car buyers said
that the internet was their first destination when looking
to buy a car according to a recent Auto Trader Interactive
study, representing a 30% increase in the last 3 years.
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Time to get serious....
A recent survey carried out by service
marketing agency Leepack Greenfields found that customer
loyalty to car brands has slumped dramatically in the
last 30 years, from 64% to 26%.
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Talking with their feet
90% of disappointed customer's do
not complain and simply talk with their feet!
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Show me that you care!
Customer complaints that are solved
on the spot, with the minimum of fuss, create a greater
level of loyalty than is displayed by customer's who never
have the need to complain.
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Stylish, first class showroom or
stylish, first class service?
In a recent report published by
the Institute of the Motor Industry, quality of workmanship
and the keeping of promises were voted considerably more
important to the retail customer than the look of the
premises that were to be occupied.
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FSA Terms
Dealers will be able to pay their
Financial Service Authority fees by instalments next year.
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Find out
how Essential Dealership Training can help your business develop
a significant competitive edge by calling 0115 9333480 or click
here to use our secure email enquiry form. |