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AutoTrader.com Buys VINSolutions

 It makes a good IPO road show story but time will tell if these AT acquired companies will be innovative and customer orientated after the IPO.

That’s a bunch of overlapping solutions with attached big ego personalities for AT to mash into a single soup-to-nuts login solution. Because of the wide overlapping, my guess is one of these acquired companies (like Vauto) will emerge as the “alpha” acquiree and the others (like Vin Solutions) will be slowly sunsetted; that’s how this game usually plays out and when the internal pie throwing begins. As the old saying goes, “the devil is in the details”.

AutoTrader.com Buys VINSolutions

Cincidealer-
I spend $395mo w/PrestoReviews. I chose to partner with PR because it's more flexible with gathering reviews and it's platform optimizes better than DealerRater. Mind you I also use DealerRater because of the way it displays on my Places page. PR allows me to optimize better via Geo-Targeting through City-Sites. This will be the difference as customer behavior continues to evolve through keyword searches containing the word review(s). Ex- Longview Chevrolet Reviews, Tyler Chevrolet Reviews. Some consumers may use the keyword dealer in the above examples. Both platforms roll-up into my places page so I get the benefit of the number of reviews displayed. It's an aggregate game. Contact Scott Falcone CEO PrestoReviews for more details 773.491.9555

AutoTrader.com Buys VINSolutions

 Only time will tell where the product suite will go but I hope that the value stays the same.  I thinks that this will only enhance VINs backing for growth and will inprove customer service, speed of upgrades and server stability. If they leave the main structure of VIN intact it would be set-up for a "WIN, WIN" situation. Good luck to both sides!

AutoTrader.com Buys VINSolutions

A year or two ago I would have been very worried about this news. I
hated AutoTrader and they were my least favorite Internet company
for years. They have really changed the last couple of years and I've
grown to understand them and have changed my perception of them. They also have left VAuto alone and that
relationship hasn't changed since they bought it so I am going under the
assumption that they will leave Vin Solutions alone to do what they do
and just support them with $$$ to help them continue to grow! Vin Solutions has been a great addition to our Dealership and I look forward to even more success!

AutoTrader.com Buys VINSolutions

A year or two ago I would have been very worried about this news. I
hated AutoTrader and they were my least favorite Internet company
for years. They have really changed the last couple of years and I've
grown to understand them and have changed my perception of them. They also have left VAuto alone and that
relationship hasn't changed since they bought it so I am going under the
assumption that they will leave Vin Solutions alone to do what they do
and just support them with $$$ to help them continue to grow! Vin Solutions has been a great addition to our Dealership and I look forward to even more success!

AutoTrader.com Buys VINSolutions

 The question of whether this and similar consolidation of providers will be a "win" for dealers... I tend to think, yes... while obviously a generalization, I think companies have learned from the mistakes of previous acquisition companies which sought to do just for their own financial gain.  I truly believe that Dominion and other similar companies, will have a win/win mentality because you always needs to be #learning to get better!

The Press Release is Dead

Hi Laurie
Sorry to gripe, but it's what I do best.

"While these truths will never change, there has been a fundamental change in the way Press Release is delivered. Below I’d like to share some of the more common changes coming:"

.. a press release is delivered ..
.. press releases are delivered ..
.. more common changes ..

Measure twice, cut once.

Kind regards
RogerG

The Press Release is Dead

press_release_dealerrefresh.jpg

This week I’ve seen an overwhelming amount of blog posts and twitter feeds surrounding the “new” PR. But I have to say, the new PR looks a lot like the old PR, just gift wrapped with nicer paper. Relationships still matter. Pitches still need to be compelling. Press Release pros still need to be creative.

While these truths will never change, there has been a fundamental change in the way Press Release is delivered. Below I’d like to share some of the more common changes coming:

The Press Release is Dead.

Perhaps I should say the way we use it as a tool is in the advanced stages of rigor mortis. Today’s press releases are more about SEO and driving up page rankings than a vehicle for getting news out. I still send releases, but today they’re more to drive additional traffic back to landing pages and fill Google with company news. Bylines, videos on YouTube and blogs written by thought leaders are emerging as the new vehicle to push a company into the spotlight.

Relationships still reign.

While it’s easier than ever to bombard editors and reporters with pitches through Twitter, relationships still reign in new media. Why shotgun messages to bloggers email boxes and pitch via Twitter if you don’t have a personal relationship with the reporter? I’ve been the recipient of several pitches from PR rookies who don’t know what I blog about or who makes up my audience. (Clue to PR peeps, my blog is attached to my website that proves; I too, dabble in PR.) It still makes sense to take the time to build a relationship BEFORE the pitch. Otherwise, it’s just white noise.

You are the publisher.

With blogs, paper.li and Twitter anyone and everyone can be their own publisher. Become a thought leader in the space by building your own community. Guest post on blogs, write bylines and tweet your thoughts. It’s much easier than it used to be to create buzz. A word of caution here; ensure what you’re putting out is useful and educational. Online readers can see through promotions and douchey posts. I promise.

AVE needs to just go away.

Ad Value Equivalency (AVE) is the old way to measure PR progress. It’s based on multiplying the space occupied by a clip by the ad rate of the page. I understand the need to quantify PR, I do. But there are many better ways to measure PR than this antiquated method. One great way to do it is the amount of buzz that has been created. Are people engaged? Are they responding to your posts? Are your website numbers up? Determine what customer engagement looks like and then use that number to measure success.

I know this might be a little in left field for the DealerRefresh reader at the dealership, but if you are taking your dealership blog serious, working community events while tying it into your dealers online social presence to engage the consumer, then you know what I'm talking about.

If you want to delve deeper into the new reality of PR, I highly recommend the book, The New Rules of Marketing and PR by David Meerman Scott or check out his blog at WebInkNow. Not that he needs any further buzz, he’s already using the tips above.

Are You Adding Actual Photos and Prices to Your New Car Listings?

I don't sell new cars as a dealer but I sold Lincoln Mercury not that long ago. I think that in this world where instant gratification is the order of the day it is a must to put a photo of the actual car or one with the correct colors, equipment etc. There are used car dealers near us who will actually run print advertising with "stock" photos of 10 or 15 year old cars! There is one guy in particular who will run a two page spread of nothing but "stock" photos - wrong color and all. Yikes.

Are You Adding Actual Photos and Prices to Your New Car Listings?

Your own new car pics are a must! My 2 cents (well I have 2)
Take the pics in FRONT of your dealership.  Get that branding of your dealership and location in there.  I am not a big fan of taking pics in front of banners and the like.  (one local dealer actually puts big ugly MAGNETIC signs on the cars, yikes)
Another note is HOW MANY PICS?  Back a few, we were all excited to post 30 or 40 pics.. wow! Now I am settled down to just 15-20.  Customers attention spans are so damn short.   Just give them the good quality shots that show the options, the trim level and gadgets. Oh and a "marketing tile" would not hurt.  Like on Certified vehicles or a map or even a combo pic of the inside of the dealership.

Are You Adding Actual Photos and Prices to Your New Car Listings?

The most frequent objection I hear as a Cars.com rep is time it takes and who will do it/get credit after the sale.  A clear process for when/how/who is absolutely needed.  We see a ton of increased views for the dealers who take photos of new inventory.  A good setting for the photo is worth the investment.  Additionally, the 'story', we call them seller notes, is a great place to talk about the vehicle as well as other highlights at the dealership.  I'm amazed at how few dealers take advantage of this opportunity.  Point is, if the dealer takes the time to do it, it works.  

Are You Adding Actual Photos and Prices to Your New Car Listings?

Our Toyota store has recently started using Dealer Specialties to post photos of new car inventory. I am not in that store daily but the staff tells me that it has definitely made a difference. Customers appreciate looking at the actual photo of the vehicle instead of a stock picture. In our case it is not just the picture that gets the customers attention, but the typed in comments and description about the vehicle listing equipment and features, as opposed to the random computer generated stock comments.

Are You Adding Actual Photos and Prices to Your New Car Listings?

The benefit is not only Autotrader, once you have the photos is also your own website, cars.com, craigslist, etc. Pay once to take the photos and use it in several dozen sites.
When was the last time you bought something that had a 'comic' or fake photo of the item? Never.
Cars are the same thing. We like to see the OEM photos but surely we would like to see the one I can drive right now and buy today. I've never been more bored in my life than checking a website that has 35 F150's in stock withstock photos and they all look exactly the same. They have a disclaimer that says: 'photos may not represent available unit'--so what the h... am I looking at then?

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