- Mar 21, 2012
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Agreed. I think Devin's best chance for success is to focus on developing a basic inventory website, then once he gets that perfected (and proven) start building the additional features he envisions. You don't want to bite off more than you can chew all at once.This thread is turning into an answer to "why aren't there more vendors making a _______ product?" Or why isn't Microsoft/Amazon/Salesforce/etc. building tools for car dealers?
The barrier to entry is high. If a company doesn't have an experienced crew already that crew must be recruited.
Then there are these mostly automotive specific integrations:
- Inventory feed (ex. HomeNet)
- Inventory translator (ex. Chrome)
- OEM Rebates
- Financing Incentives
- Financing Rates
- Lease Residuals & Money Factors (ex. ALG)
- Taxes
- OEM certifications
- Shift Digital Vigs
- DMS Pulls (there can be many different ones just for a single DMS vendor)
- DMS Pushes for deals
- DMS Pushes for service
- CRM integrations
- Chat tool integrations
- Book Value integrations
- Trade-valuation tools
- Telephony
- SMS + texting with media (yes, they're two different things)
- Email blasts
- Email 1 to 1's
- Full credit pulls
- Soft credit pulls
- Just to name a few I have worked on
Not to mention the other pieces that people don't consider or give enough time to develop:
- Analytics
- Security
- Choosing the right database to license
- Hosting (although AWS sure makes that easy)
That may mean this Honda dealer isn't his ideal first candidate, a large used car dealership may be a better fit. Then build yourself up to the new car space that has a lot more intricacies.
At least that's what I would do if I were starting a car dealership website company