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Displaying new car inventory on your dealer website?

If all your new vehicles are online, there's a chance your customer might not see the vehicle they are looking for. If none of your new vehicles are online, it's 100% assured your customer won't see the vehicle they are looking for.

But "locking" your already delivered inventory so that it still shows as available when, in fact, it is not? Why does our industry continue to do these things that perpetuate our already well-deserved crappy reputation?

Don't even get me started on the dubious practice of showing a low price, then putting "with $4,000 cash or trade" in the tiny print. Why not just list the price as zero and put "with M.S.R.P. in cash or trade?"
 
Geesh Steve, let me pick myself up off the DoJo floor as my left eye starts to quickly swell.

I fully respect your position but..I have a few remarks for conversation.

So I'm assuming it's ok for a dealer to have pre-built virtual inventory, but if I lock in some popular inventory that I could have at my dealer in less then 24 hours, that is not? Who is to say that I don't have another one just like it on the way. What about displaying inventory that still resides at the port and has not made it's final destination? Would that be so wrong, does that too perpetuate an already well-deserved crappy reputation?

So far I have not had any customer complaints and can credit several sales to this practice. Maybe it's the Mercedes consumer? I don't know. I'm sorry if I have left some people down with my virtual inventory practices.

Maybe we will have to agree to disagree on this matter. But, hey that's the great thing about all of this. Sharing ideas and opinions while having debatable conversations.
 
I have 2 words...

Shelby Cobra.

I must have received 100 leads on them. Most were goofs screwing around who couldn't even afford a V6 Mustang. A few were collectors but they said, "Oh, I'll NEVER pay MSRP". When I told them that most dealers are charging EACH OTHER $10,000 to $15,000 OVER MSRP if they'd even give the car up they said, "That's Crazy".

Ford wonder's why they have problems making a profit. When they DO make a car everybody wants they decide to only build a few of them. Why should they do this?

To get back on track,I have all of my inventory online and its polled from Reynolds and Reynolds so give or take a few days after its sold, its gone.

I hate the phone calls that go like this:
Customer: Do you still have this Diesel Excursion in stock?
Me: No I'm sorry we sold that a last night. Are you only looking for an Excursion?
Customer: Yes, I'm only looking for an Excursion
Me: The "Dancing now begins" to try and flip them to something that I DO have.

That's why I try to keep mine as up to date as possible.

My new car inventory is also up to date but our website is very slow, and sorely lacking in convenience so I get few leads from it anyway.

IMHO the BEST leads are from Ford where the customer HAS found a vehicle in your inventory, the next best are from a Ford configurator where the customer tells you what they want fairly specifically.

But honestly, its all in reaching the customer to start the dialogue so any lead beats no lead. IMHO (yet again) having your inventory relatively correct is the way to start the dialogue off on the right foot.
 
Rob,

You can turn off certain vehicles with your lead providers. I don't buy GT3, GT, or Turbo leads for my Porsche store. When the Prius was super hot I didn't buy those leads for my Toyota store.

Just call your lead providers and ask them how to work this out.
 
This is my take on it: you should post SOMETHING. If you don't post some iteration of your inventory, you're off to a very poor start with your buyer. Almost every single dealer's site stats show the New Inventory page as the #1 searched page... if not #2 or #3 behind Pre-Owned or Specials, which is usually an anomale due to a dealer's advertising focus. Point is, when the average user comes to your website, new inventory is what they're looking for.

Let's try out an analogy. You're in a mall, looking for suits. So you have your choice of several stores, though they're all at opposite sides of the mall. You walk into a store, and they have every size but yours on the rack. Would you bolt out of there? No, you'd ask if they have your size or are getting it in sometime soon. Now if they say they don't have it but will get it in soon, then maybe you leave, and maybe you don't. Depends on how soon you need the suit, and whether you need to try it on, and whether the store employee made enough of an impression that you'd want to give him the business, etc.

But if you walked into that store and they had no suits whatsoever on the racks, I think the most you would muster up is something along the lines of "where the hell are the suits??" before walking down to the other store.

But, in defense of the other side of the argument, I'll refer to the comment from Ryan Gerardi, who I imagine is a "civilian" as far as this matter is concerned...

"but I do know that if I find a vehicle at an MB dealership within a 100 or so miles from where I live, my local MB dealer will have it transferred to his own store for the delivery"

If a consumer understands that this is the case, then there's no need to show inventory online, is there? In fact, the consumer creates more work for himself by rummaging around the net to find the car he wants, only to go to his local dealer for it. Ryan, if you walked into my store and told me that you searched every dealer within a 100 miles to find such-and-such car, and now you want me to get it for you, I would ask you why you spent so much time doing the legwork yourself when you could've just sent in a lead to me and asked me to locate that car for you.

But that's just an argument against Ryan's particular comment. The fact is that most consumers aren't looking in a 100 mile radius, and most consumers aren't as loyal to their local store as Ryan seems to be. Indeed, one of the primary goals of a dealer's Internet presence is to draw from markets other than their own immediate market area, right? So I don't want to hear about Ryan's loyalty to his local store if I'm the second closest dealer to him... I want to hear that he came to my website instead, because it's atop the search engines, and that he sent me a lead that says "do you have any AMG CL's in stock? If not, can you find me a black/charcoal one?".
 
As far as Mitch's comments, I've had several customers lately do exactly what he said. They admitted that I was the only Ford dealer who responded AND gave them a price. Yet they went to the other dealer who was closer to them because it was more convenient. Yes, I'm 11 miles from the west side of Cincinnati but come on, 11 miles????

They also searched all over and couldn't find what they wanted or couldn't work the "tool" provided by Ford to find what they wanted. When I told them I'd be happy to locate it, they didn't respond. After about 10 emails and 5 or 6 phone calls, they say, "Oh, I bought one this weekend at dealer X", or "Will you please stop emailling me? Ten emails are too many, you're too pushy". OF course, the fact that those were sent over 3 or 4 weeks didn't phase them as they didn't bother to check their email OR their spam folder.

>
 
OUTOFTHEBOXIDEA

The CORE of the problem is we're talking about lost shoppers due to a lack of inventory (variety).
Yes or No? --->Yes!

====Out of the Box IDEA====
Cyber-Share Inventory.
Find MB dealer(s) -out of your area- that have the same inventory frustrations as you do. If you already reciprocate locate requests, why not copy their inventory on your site and make your "variety" look larger and they'll copy yours on theirs!*

Viola! 2x the inventory!

Problem: Now you have to craft the "language" on the page to educate the shopper that its not in stock, but is avalible for sale! You already craft language for ARBS (All Ready Been Sold) cars, in this case It's 100% avail. for sale!

Problem: Your web inventory system needs a method to manually add and remove units.

What 'cha think?
Joe

*for those who may ask... you don't copy units you already have, just the ones that would round out your presentation!

And... Of course, don't put their name in your presentations, YOU want to sell the unit!
 
When I moved from a Volkswagen / Mazda dealer to my current position at a Mercedes dealer, I figured that If I applied what I was using at the previous dealer to my Mercedes dealer, I was going to explode out of the box. BUT..I wasn't totally right.

I could get a VW customer to travel 50+ miles, pass 3 other VW dealers to save a few bucks (remember, this was 5-6 years ago). This is not the case with the average Mercedes consumer.

Rob - "They admitted that I was the only Ford dealer who responded AND gave them a price. Yet they went to the other dealer who was closer to them because it was more convenient."

I too was witnessing this in the beginning. I would have customers say the exact same thing.

Rob - "When I told them I'd be happy to locate it, they didn't respond. After about 10 emails and 5 or 6 phone calls, they say, "Oh, I bought one this weekend at dealer X".

After hearing that too many times myself and ultimately tracking my ROI for marketing and purchasing lease outside my market, I found it was not making sense. This is why I use only use 1 lead service and I focus on my own back yard and a few areas that could be on the fence.

To quote myself above "I could get a VW customer to travel 50+ miles, pass 3 other VW dealer".

Alex Snyder touched on something over in the High traffic with low conversions? Is this a franchise-related problem? posting. I believe many of our customers are in their second phase/time of using the internet for influencing their vehicle purchase. I'm sure 99% were not too impressed with their first experience contacting a dealer via a website or even a 3rd party lead service, most dealers were not responding to the consumer at all or was telling them they need to visit the showroom floor for more information. In the consumers mind; what is the difference if I use their website or just walk in? I think many have caught on to this.

Where do we go from here?