Here you go for Cars data
Here you go for Cars data Login to view embedded media View: https://docs.google.com/spreadsheets/d/1gMWcmcLgU1NQ1jfI1OUQoDp77boZPvMw-GuT6Ax6jwE/edit?usp=sharingIf ANYONE here has your SPR/VDP click thru % for AutoTrader, CARS, or CarGurus, plz post it here.
@Dan Sayer I'm trying to get an idea of what the ranges are for various dealers. Gurus dropped the ratio, you have to calc it manually. Cars still has itStraight out of Cars.com and CarGurus dashboards at the time. They both had 13 months of SRP/VDP % on their dashboards ongoing.
Mine came straight out of Cars.com and CarGurus dashboards at the time. They both had 13 months of SRP/VDP % on their dashboards ongoing.@flosho, LTNTT, you got a SRP/VDP CTR% refresh?
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BTW, where did these charts come from?
Holy cow. Dusting off this one are we? lol I shifted my focus in the stores during Covid and had since cancelled CarGurus. I could go back and see what data I collected but I'm sure there are other Refreshers that would have current Cars.com and CarGurus data to see if the inverse anomaly I was tracking is true today. Or were you looking for something else @joe.pistell? I'm leaving for 20Group this week so it may have to wait.Dan,
Can you do a refresh on your SRP/VDP ratios? Your chart below is Feb 2020, literally the month prior to COVID.
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I've been tracking data from our 3rd Party Classifieds for a very long time and one of the (many) items I monitor is the SRP/VDP conversion. I feel this is one of the indicators of how well we are merchandising, pricing, etc our inventory.
Good point. As long as the consultant doesn't say "if I was a shopper..." before any advise given.This is the only reason I could see a consultant assisting with this, but I would say that anyone who has their nose in the business for a while will end up with the same blind eye after a while.
It was just my response to Todd and hiring a consultant. It was my opinion on self-checking by a secret shop. I think it's a waste of time if one has a CRM and can review their own leads.I get what you are saying, but I like to see what other ideas people have. It's not really about comparing myself with them. It's just like going to different websites to see what someone else has thought of that I haven't. I know I'm not the smartest or most creative guy in the world, so I'm not afraid to take a look at what others are doing.
Although my post was about their performance, my intention going in had nothing to do with that. I didn't set out to compare those things. I was just out to see if anyone had gotten creative about anything. This was just a byproduct. If anyone had been doing anything original, I would have shared that instead.
I am tattooing that on my arm."Comparison is the thief of joy." - Mom
Is the the Heckle Fish episode?
In my opinion, I never understood the concept of 'secret shopping' my own stores for Phone and Internet when we have a complete real-time log and recording of all in the CRM. Stores should be reviewing these in real-time throughout the day with correction and coaching coming just as fast (not waiting a QTR). It's been a minute since I secret shopped a competitor because we don't have our own process locked down let alone need to second guess whether our process works by hearing someone else's magic one-liner. If I don't have access to their real conversion metrics, why would I put stock in their process? "Comparison is the thief of joy." - MomI recommend to all my dealer clients I do consulting with that they hire a company to do formal mystery shops and do it quarterly. If you think email response is bad try listening to phone calls and in most cases it’s even worse. Covid “order taking”made bad habits even worse then they already were.
That's quite a bold idea, but ethical business practices are crucial for sustained success. Fair competition and genuine leads contribute to a healthier industry overall. What are your thoughts?
Here's an idea for a company...keep in mind this is pure evil and no one should actually do it.
I think VR video is the future not videos made with pictures. I would get the new apple vision pro and show it like they were at the dealership looking at it themselves. Maybe a video that last a minute or two. Then I would overlay it with my own voice using AI.
Kevin,Reymores ad on the Cadillac I came up with this by copying it and then going to you.com and adding make me a ad that is professional and funny.