Dealers and Managers: Make Technology Work in Your Dealership

At Issue:

Some­times deal­er­ships are forced to adopt and work with an OEM’s spe­cif­ic appli­ca­tion or soft­ware. The OEMs choose tech­nol­o­gy not based not on the needs of the deal­ers, but to sat­is­fy the OEMs needs and wants.

Find­ing a Solu­tion:

As Deal­ers and Man­agers you must under­stand the needs of your deal­er­ship and do your due dili­gence in deter­min­ing what tech­nol­o­gy works best for you.

The Back­sto­ry:

Deal­ers today want more, they want it faster, and they want it bet­ter.  Keep­ing quotes and con­tact infor­ma­tion togeth­er is sim­ply the basic process of all sales appli­ca­tions. But can they digest all that is in the mar­ket place? Imple­ment­ing new tech­nol­o­gy to enhance your sales process is cru­cial, but the trick is to select tech­nol­o­gy that only aids the process, not adds to the manager’s work­load.

Howard Gives us a Case in Point:

My first encounter with sales tech­nol­o­gy hap­pened in 1983 when I was the Sales Man­ag­er for a Jaguar Deal­er in New York. We were cal­cu­lat­ing leas­es man­u­al­ly on legal pads. Each time the prospect changed the vari­ables we would have to recal­cu­late using paper and a basic hand held cal­cu­la­tor. With this archa­ic method, it could have been 1930!

Except for the mod­el changes, noth­ing in fig­ur­ing the deal was any dif­fer­ent than it had been decades before. The own­er at the time was not inter­est­ed in invest­ing in new tech­nolo­gies. He was con­tent with cal­cu­lat­ing the mul­ti­ple vari­ables with­in mul­ti­ple cal­cu­la­tions on paper. The strange part was he was ahead of most in adapt­ing to DMS tech­nol­o­gy for account­ing, ser­vice and parts oper­a­tions.  So why not bring in those same tech­nolo­gies to the sales process?

I com­plained to the Parts Direc­tor who sug­gest­ed Alpha Calc, which led to a crash course on how to use what was real­ly Lotus 123.  With­in a day I built a spread­sheet that gave us the abil­i­ty to cal­cu­late retail finance and open-end leas­es in sec­onds ver­sus long labo­ri­ous min­utes before. What a dynam­ic change in Desk­ing the deals!

What Should Your Deal­er and Sales Man­ag­er be Doing Today?

  • Decide what you need to increase sales and cus­tomer rela­tion­ships.
  • Deter­mine what tech­nol­o­gy works for you and that can be man­aged effec­tive­ly in your deal­er­ship.
  • Find the appli­ca­tion that fits, then adapt and win more sales.

Howard Leav­itt is the founder of .  With over 40 years of expe­ri­ence and with a strong rep­u­ta­tion as one of the most accom­plished retail man­agers on the U.S. auto­mo­tive scene, he is ded­i­cat­ed to shar­ing his knowl­edge and lead­er­ship expe­ri­ence to help deal­ers down the path to suc­cess.  He can be reached at [email protected].

 

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