Ryan Everson said:

Automate it - sign up for FrikinTech

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but I'm slightly biased

Alex Snyder said:

We've allowed @NIOMARVIN83 to post this kind of stuff too long. He's been given a short period of time to give us a reason to allow him to stay on DealerRefresh.

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24 hours till @NIOMARVIN83 gets banned for …Nio - I have hit you in direct message and twice in the live forums. You've had since last Friday to respond. Today is your last chance.

kava,
You'll need geo-exclusivity for it to work. 20 groups may like this model.

"A dealer 20 group is a small network of 12–20 automotive dealers with similar business models and operations, but who don't operate in the same market areas. The members of a dealer 20 group are considered allies rather than competitors"

Ryan Everson said:

The one new entrant that has actually experienced some level of success is CarEdge - they put a unique spin on the traditional marketplace.

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Caredge youtube channel was a hit that they morphed into a shopper's assistant site. It's the new biz model that you could emulate.

Baron Ringler said:

Anyone have a good example of a service-to-sales mining template for customers who have never purchased from your store, but do service? I'm usually fairly good at creating messaging, but this one seems to have me stuck.

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What is the scenario for this? For someone working the service drive while the car is there or post RO closure? Email, text, or phone or all three? "Would you consider selling your car?" is the main theme right? Unknown equity, etc?

[No, I provide the warranties.]

I'm also confused -- is this a self insurance product? Are you wholesaling through warranty companies? But I agree, these are products that are important to gross profit. If it's a peer to peer buying site I can see this being a model that works but tough sell to dealers IMO.

We've allowed @NIOMARVIN83 to post this kind of stuff too long. He's been given a short period of time to give us a reason to allow him to stay on DealerRefresh.

Part of the reason we are in business, is to sell extended service contracts and products, not just from a gross perspective, but also from a reinsurance company profit perspective. I'm sure that's your profit stream as well in this scenario, but I would have to imagine that's going to be a tough sell.

Carsten said:

Necro post brought back to life by a bot.

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It's been a couple of years now... that article should be close to finished.

Good catch @Carsten. They got me this time. I didn't even look at the dates.

Will you post your article here when you finish it @HarryEvans? I'd like to read it.

Unrelated, but can you imagine the articles AI will write in 2065 about selling through COVID?

NIOMARVIN83 said:

Harry Evans is writing articles about the car dealership industry from the 1950s to the 1970s and is looking to interview people who were involved, like salespeople, owners, or mechanics. He's interested in stories about selling cars that were only made for one year and quickly became outdated as new models were introduced each year. Harry wants to learn about the challenges these dealers faced, how they handled orders and trade-ins, and any memorable customers or events. If you know someone who might have insights or anecdotes from that time, Harry would appreciate hearing from them. He promises to share the articles with those interviewed before publication to ensure they're portrayed accurately.

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thanks for the clarification...

autovantaofficial said:

If anyone has had any experience in the car sales industry

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You're in the right place.

autovantaofficial said:

I don't want to release the full thing here

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You're in the wrong place. DR has a tradition of open source idea'ing.

Yea, ideas are cheap. Not about who thought of it but who did it.

hahaha YOU WIN

Carsten said:

Got eyes on the 2022 BMW M4? It’s a powerhouse with 473 hp under the hood, handling that’s sharper than your ex's tongue, and a design that doesn’t bother asking for attention—it demands it. Tech’s so advanced, it’s like it’s from the next century. Want in? Fine. Don’t? Whatever. This car doesn’t need your validation to know it’s the apex.

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My guess on this difference is due to GA4 filtering out bot traffic while Shift does not.

I saw Tesla dropped the lease price on the Model 3 to $299/mo. With the extra $99/mo for full-self drive, there's nobody that can compete with that. Which is an interesting model. Car companies rely on parts and service, while Tesla will sell software subscriptions (FSD, Premium Connectivity), then eventually will use their own fleet to charge for ride sharing services.

Carsten, that's weak sauce. Come join the competition:

Contest: Who can make the best ChatGPT Comment Generator?​

It’s easy. Trust nothing from Shift digital.

My startup has me way down the AI rabbit hole. OpenAI's mega success has created an arms race funded by trillion dollar companies.

• $GOOG: Gemini,
• $MSFT: ChatGPT,
• $AMZN:Claude,
• $META:Lamma,
• $TSLA:Grok, FSD
• and more.

What is coming is a revolution. Everyone of these CEO's see the wealth creation that's coming, this creates a competitive environment will drive them to out innovate each other.

The franchised automobile retail industry is a perfect fit for AI's strengths.
Dealership world is filled with AI friendly structured and semi-structured data and compliance rules. Add to this, franchised dealer staff has a common business hierarchy, each player doing the same job, over and over, coast to coast.

What is genuinely different about AI humans create the framework, and AI is learning and growing on it's own. The more we build into AI's framework, the more robustly it grows, and, the faster it grows... by itself.

What else is unique is AI communicates to us with a voice of authority, even when it's wrong, and it's wrong a lot. Amazon's Claude, this months highest performing AI platform, has a 40% error rate on "Zero Shot" test prompts. Today, bleeding edge AI is building multi-agent, task specific swarms to dramatically reduce its error rate and improve it's relevance (google it).

How fast is the AI innovation coming?
I believe by 4thQ 2024, AI's task solving abilities and reduced error rates will create a totally new paradigm in damn near every industry on the planet. In 2025, AI's strengths will become so self-evident that the President of the US will 'finally' create a committee to try to put a fence around AI.

Ppl ask me if I am afraid of AI, I believe FaceBook is a bigger scourge on humanity's happiness than AI will ever be.

p.s. AI in Auto Retail, Personal Digital Assistants
--Linkedin, Jan 2024

Use your own numbers via Ga4, shift is aggregating data from feeds by the website providers and likely haven't been inspected for a long time. The data feeds include ad accounts and website data which they try to roll up across their accounts. There's some manual elements in this process to my knowledge also.

Haha. Carsten I knew you'd jump in on this!

I think the premise of agile is well intentioned. It just has morphed into a way for technology teams to insulate themselves from management and protect each others employment. Both of these things are necessary but not at the expense of the business aka pace etc.

The product decision making process is imo a creative one. Agile's methods for quantifying unknowns and the assignment of value via it's prioritization matrix seems antiquated now.

I just think about the math of the number of roles that develop + design / all.