The Impact of Price Creep on Auto Dealerships’ Profits

The Impact of Price Creep on Auto Dealerships’ Profits

In automotive retail, a nuanced challenge like price creep can dramatically impact financial stability. Price creep, defined as a subtle yet consistent cost increase, often goes unnoticed amid daily operations yet significantly erodes profit margins. Across various...
Rev Up Sales: Digital Marketing Tactics for Dealerships

Rev Up Sales: Digital Marketing Tactics for Dealerships

In the ever-evolving auto industry landscape, digital advancements are swiftly overtaking traditional pathways to car buying. The emergence of the digital shopper marks a paradigm shift, highlighting a preference for online exploration and comparison before setting...
Auto Dealership Blind Spots: Janitorial and Sanitation

Auto Dealership Blind Spots: Janitorial and Sanitation

Auto dealerships contend with many operational expenses, with janitorial and sanitation (Jan/San) services being a significant one. While keeping dealership locations pristine is non-negotiable, the associated costs can be needlessly excessive. Industry research...
Auto Dealership Blind Spots: Inventory Discrepancies

Auto Dealership Blind Spots: Inventory Discrepancies

Inventory discrepancies are a silent cost that burdens the auto retail industry, cutting into approximately 1% of annual revenues. While this figure may seem subtle, its consequences are anything but. Despite the omnipresence of advanced surveillance systems, over 75%...
Boost Your Dealership’s Online Reputation

Boost Your Dealership’s Online Reputation

Technology has revolutionized how businesses communicate with their customers, and the automotive industry is no exception. As customers increasingly rely on the internet to make purchasing decisions, maintaining a solid online reputation for your dealership has...