Everyone in here seems to really be hitting the right points, but it seems only one real avenue is being focused on which is "outbound" texting - CRM and current customer targeting. Though, a few people in the thread have mentioned "inbound" customer engaged texting, @JD
@Matt and a few others. To me the market jumped on the mobile buzz too quickly, rolling out every avenue of outbound list gathering and outbound SMS blasts and through it we've seen the mistakes made in compliancy.
Inbound to me is the real hidden gem, this is customer initiated text messages. I'm sure I don't have to preach this in this forum - but on average 39% of all web traffic today is mobile. Meaning roughly half of your budget spent on promoting your dealership / website is falling on eyes that are using a mobile device. We've done studies across most major OEMs and found a very interesting break out that I'm happy to share (Just a few) - Text Volume via OEM:
CJD: Roughly 2% of mobile traffic prefer to text ( majority subprime / preowned buckets)
Of the 2% - 10% were service related questions
Hyundai: Roughly 1% of mobile traffic prefer to text (new sales buckets)
Of the 1% - 8% were desktop users
With inventory syndication (overlays) - Craigslist only we found a 200% increase in volume of text messages
Of the 1% - 10% were service related questions
Toyota: Roughly 2% of mobile traffic prefer to text (new sales / service buckets)
Of the 1.4% - 35% were desktop users
With inventory syndication (overlays) - Craigslist only we found a 300% increase in volume of text messages
Of the 1.4% - 34% were service scheduling / service status related
Mercedes: Roughly 1% of mobile traffic prefer to text (new sales buckets)
Of the 1% - 20% were desktop users
Of the 1% - 33% were service appointment requests
Of the 1% - over 30% close to sale and 20% booked a service
Obviously, these numbers fluctuate by brand and location this is a sample of our aggregate data. We have some dealers who convert higher and lower, what has stayed consistent is inbound (customer initiated) text messaging, works. It also segments your data to create a more targeted outbound list. The big winner across all brands is that syndication and overlays can convert, we've seen this on every dealer we've tested numbers of 200-400% increases in total text volume (again this depends on how often you post inventory). We've also cross referenced text messaging against live chat numbers / phone leads / form submissions and found that overall there's roughly a 20% increase in total leads. Hope this helps!