LotLinx Advertising Helps Car Dealers Sell Cars Faster
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Transcript of LotLinx Advertising Helps Car Dealers Sell Cars Faster

Brian PaschCEO of PCG Consulting
www.PCGConsulting.comTwitter @AutomotiveSEOfacebook.com/BrianPasch
Opportunities For Dealers
Driving More Shoppers To Your Website
Introducing LotLinx

CUSTOMERCONTACT
CUSTOMERSATISFACTION COSTSREVENUE

“The more customers did online, the better our business was.”

The Internet has made us allAMAZINGLY
“SELF DIRECTED”

we have moreACCESS AND CONTROL

...and we areFRUSTRATED AND
DISSATISFIEDwhen what we want isn't
A CLICK AWAY

WHAT IS SHOPPING SEARCH?
HOW DO I MAKE IT WORK FOR ME?
WHY DOES IT MATTER?








75 MILLIONINVENTORY SEARCHES
FROM BUYERS WHO WILL
BUY THIS MONTH



Find and Click

Discovery
Research
Shopping
PURCHASE
3rd Party Sites
“Vertical Search Sites”

Discovery
Research
Shopping
DealerVisit

Google Cars Program

Note To Self
Shoppers Look at VDP’s

The New Digital Customer

Are All My Ad Dollars Really Helping To Sell More Cars?



SEM

SEO

VIDEOSEO


IRM
3 “Review” Sites on Google Page 1

DISPLAYADS

RETARGETING


PROMOTEDVIDEO

VIDEOPRE-ROLL
Ability The Skip
30 sec BEFORE
Video

Video Pre-Roll Advertising
Sam Swope Honda World: Maximized reach through video remarketing & interest targeting.
Results of Video Pre-Roll: 74,765 Impressions 12,904 Views 8,426 Unique Views $0.11 Avg. CPV 764 Clicks
Budget: $1,362.94 Timing: Feb 1 - 28
$1.78 Cost Per Click

Facebook Sidebar Ads
Multiple Targeting
Options inside Facebook
Retargeting Outside of Facebook

Facebook News Feed Ads
Look at the Screen Space Taken Up
By The Facebook Ads!

Pandora Mobile Display Ads

Promoted Tweets

Note To Self
Every Marketing “Channel” Claims To Sell You More
Cars

How Should I Prioritize All The Opportunities?
We pick the ones that accelerate car sales at the lowest cost!


INVENTORY MODEL INFO REVIEWS LOCATE DEALER
42%
32%
22%13%
Search inventory most-used 3rd party tool.source: Google/Compete “2011 Auto Shopper Behavior Study”

Consumer Prefer Stealth in US
70%
30%
Sales
Walkin Leads/Appts
CALLS, CHATS, LEADS

Phone Calls Outpace Lead Forms in USA
• Phone calls outnumber lead forms in the US by a factor of 3 to 1 (7 to 1)
• Mobile traffic has accelerated phone call leads in the US.
• Dynamic phone tracking is now a requirement for accurate measurement of marketing investments.
Phone processes are the #1 profit leak

Conversion Tracking & ROI
• If you are not tracking leads and calls you can not maximize your marketing investments.
• If you don’t have strong processes to follow leads and calls you will never have an accurate cost per sale.
• Dealers who have made a commitment to both tracking and process lead their market!

Back To The Online Shoppers
70%
30%
Sales
Walkin Leads/Appts
Your Entire Marketing Budget Needs ROI Metrics!

Tracking The Stealth Shopper



Note To Self
Dealers Need To Become VDP
Experts

VDP Merchandising Priorities
• First, you must understand why all new and used cars should have their own Vehicle Detail Page.
• A great VDP has at least 20+ photos, a video, pricing, and a customized description of the vehicle.
• Then we need to measure the marketing investments we are making and the VDP traffic that they generate.
• We will define a “shopper” as someone who visits at least one VDP.

Two New Terms
Cost per Shopper (CPS)
Cost per VDP View (CVV)

Adwords using Cost per VDP View

Adwords using Cost per VDP View

Adwords using Cost per VDP View
Display Campaign

Adwords using Cost per VDP View
Range: $2.62 - $75.45

Note To Self
Adwords Has Limits In Generating
Shoppers

Total Website Traffic
11,674 visits in 30
days

Cost per Shopper (CPS)
5,214 shoppers in 30 days

Note To Self
Stop Focusing On Traffic – Focus on Shopper Traffic

Third Party Classified Websites
Autotrader.com Cars.com KBB.com
Affiliates expose your inventory to in-market shoppers and you hope that this investment drives phone calls, showroom traffic, and leads.

INVENTORY MODEL INFO REVIEWS LOCATE DEALER
42%
32%
22%13%
Search inventory most-used 3rd party tool.source: Google/Compete “2011 Auto Shopper Behavior Study”

What Don’t You Like About 3rd Party Classified Website Advertising?


IRM

Live Test: Shopping For Cars
http://bit.ly/EwaldVenusFord - Autotrader Local Search
http://bit.ly/EwaldFordCarsDotCom - Cars.com Local Search
http://bit.ly/EwaldFordCarSoup - CarSoup Local Search



Your Ad
NOT Your Ad
NOT Your Ad

NOT Your Ad
NOT Your Ad
Consumer Reviews



NOT Your Ad
Consumer Reviews
NOT Your Ad

How Many Places?
Will You Get The Exclusive Lead?

JN8DR09Y31W585076

Over 15 Websites Have This Car Listed On Their Inventory Search…

200 “SERPs”:
SITE REVENUE/LEAD:
AGGREGATOR REVENUE:
RESOLD RATE:
1 LEAD
$2 - $3
$15 - $24
3 - 5 X

Judgments About Your Price

Note To Self
Inventory Syndication Is Not
Dealer Centric

Is There An Syndication Alternative?

LotLinx Network

How It Works
Consumer Clicks

They Land On Your VDP


How Does It Work?
1. Your inventory is syndicated to 130+ websites for free.
2. It Directs Consumer Clicks to Vehicle Detail Pages On Third Party Websites to the specific VDP on your website!
3. You Get Charged Per De-Duped Click by Website at $4.00 a click.

It’s Simple
1. No long term contracts
2. Online reports
3. Validated In Google Analytics
4. Direct Integration with ROI-BOT
5. Increase funds at any time

AGGREGATE – AVERAGED PER DEALER
VDP Views/Sale 15VDP-New 11
VDP-Used 22
Saved Days +3 Views -9.7 -12.2%Saved Days +6 Views -12.4 -15.6%
Monthly Units Sold 154
+ 3 (20%) 9 163+ 6 (40%) 24 178
VDP/Incremental Sale + 3 (20%) 51
+ 6 (40%) 38
ROI + 3 $1,848 9X+ 6 $3,969 12X

35 LotLinx VDP Views

$140 Per Sale

Note To Self
LotLinx Is Dealer Centric

How to Get Started
Call 732-450-8200
Ask For
Matt O’Such

LotLinx

• Are you committed to being #1 in your market?
• Are you willing to maximize your marketing investments by creating processes that increase sales?
• Will you measure marketing dollars differently in 2014?


Let’s Connect Online
Facebook: https://www.facebook.com/brianpasch
Twitter: @AutomotiveSEO
LinkedIn: www.linkedin.com/in/brianpasch
Brian Pasch, CEOPCG [email protected]
