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What metrics and features would help to exploit additional inefficiencies? Take vAuto for instance. "Sleepers" don't stand a chance because vrank will adjust the inventory pricing based on the competition. Great tool! It puts a little downward pressure on margins for everybody but if you're set up for high turnover it's great.I'll bet there are other ways to increase inventory turnover that may not put so much pressure on margins. For instance, somebody suggested automated paragraphs. Who has time to write a snazzy blurb for each car that will draw shoppers into the showroom? Nobody. Maybe somebody out there can automate it. There are other ideas out there. I don't think anybody out there expects trade secrets to show up here but this is a great place to aggregate ideas about improving inventory tools or using them creatively.
What metrics and features would help to exploit additional inefficiencies? Take vAuto for instance. "Sleepers" don't stand a chance because vrank will adjust the inventory pricing based on the competition. Great tool! It puts a little downward pressure on margins for everybody but if you're set up for high turnover it's great.
I'll bet there are other ways to increase inventory turnover that may not put so much pressure on margins. For instance, somebody suggested automated paragraphs. Who has time to write a snazzy blurb for each car that will draw shoppers into the showroom? Nobody. Maybe somebody out there can automate it.
There are other ideas out there. I don't think anybody out there expects trade secrets to show up here but this is a great place to aggregate ideas about improving inventory tools or using them creatively.