INTRODUCING: AutoHook® + ServiceSmarts® Integration for KIA

THE WAIT IS FINALLY OVER...

AUTOHOOK® + SERVICE SMARTS®

LAUNCHES AUGUST 1, 2017

What is AutoHook?

AutoHook specializes in proving sales attribution combined with their untouched ability to increase showroom and service drive traffic. Through their 100% DAS-Eligible incentive solutions, AutoHook supplies true, incremental sales, new to brand buyers, and service appointments to KIA Dealers. Powered by Urban Science, AutoHook proves ROI with the fastest, most accurate sales and service data in existence. 

What is ServiceSmarts®?

ServiceSmarts® is an online tool that allows all KIA Dealers to identify and target their best Service opportunities. 

What Happens When Two Superpowers Combine?

After establishing a proven track record for driving sales and new to brand buyers to KIA stores, it was only a matter of time before AutoHook brought our high-converting incentive solutions to the service drive! With the all-new AutoHook + ServiceSmarts integration, KIA dealers can improve the effectiveness of every service campaign and TAKE BACK service revenue by isolating, targeting, and incentivizing the customers with the highest level of opportunity. ServiceSmarts data identifies any potential missed opportunities and AutoHook incentives allow you to create campaigns to convert those opportunities into service appointments.

Program Overview

• Target inactive or at-risk customers using your ServiceSmarts data.

• Identify and incentivize your greatest areas of service revenue opportunity.

• Deploy AutoHook's custom email incentive campaigns to secure more service appointments without compromising your price integrity.

How Does it Work?

STEP 1: Service Manager selects a target audience within the ServiceSmarts tool (active customers, inactive customers, first service appointment, or at risk service customers).

STEP 2: After selecting a list of customers to target, select AutoHook as your Fulfillment Vendor. This will enable you to create targeted service campaigns using strategic email incentives offers. The email creative has already been done for you.

STEP 3: Select your campaign details including the name of your campaign, duration, email template, the dollar amount of incentives you'd like to offer, etc. Don’t forget to click to preview your service URL to make sure your customers can schedule an appointment online.

STEP 4: Preview and confirm your campaign and hit submit. 

STEP 5: Customers visit your service department to redeem their incentive. A Service Advisor activates the customer's incentive using a unique 9 digit coupon code and AutoHook's easy 30-second redemption process. The customer instantly receives their Visa e-gift card while their vehicle is being serviced.

SIGNING UP IS 100% FREE.

YOU ONLY PAY IF A CUSTOMER SHOWS UP IN YOUR SERVICE DRIVE TO REDEEM THEIR EMAIL INCENTIVE.

SIGN UP NOW TO START TAKING ADVANTAGE OF THIS PROGRAM!

*CAUTION: Dealers using AutoHook Incentives have been known to experience outrageously high levels of ROI. 

10 WAYS TO BOOST SOCIAL CONVERSION WITH AUTOHOOK INCENTIVES

A How to Guide for Dealers

Why Social? Marketing 101 says if you want to effectively reach your customers you have to be where they are, or “in the right place at the right time.” Social media represents the most widely utilized communication channel in existence. Salesforce reported 66% of all Internet usage occurs on social sites. Facebook takes the cake as the most widely used platform with 80% of Americans using it on a regular basis (talk about being where your customers are).

Why AutoHook Incentives? That’s an easy one. In order for a customer to redeem an AutoHook incentive, they have to physically walk into a dealership. We all know the chances of selling a vehicle drastically increase when you’re able to get shoppers off the Internet and into your store. But what AutoHook does that’s even more important than driving more showroom visits (yes there are more important things), is we use the most up-to-date sales match reporting to prove exactly which incentive offers resulted in a sale.  

Below are 10 ways to boost the revenue driving opportunities already available to you as an AutoHook customer. Simply reach out to your AutoHook Client Service Specialist (CSS) to implement any of the examples listed below. They will help you set up campaigns and make sure these efforts convert into sales or service appointments.

1. PLUG INCENTIVES INTO YOUR EXISTING SOCIAL CAMPAIGNS

Plugging in an incentive into any social campaign is very simple to do. All AutoHook needs to know is the URL of the landing page you want to drive traffic to - whether it’s a specific vehicle, model, service offer, or special. We then provide you with a trackable link you can drop into any Facebook or social campaign. We attach a unique identifier to every offer so we can prove sales attribution for your store. Furthermore, we source out every link separately so that you can differentiate which specific AutoHook campaign converted into a showroom visit or sale in your CRM.

• Customize Time Frame & Offer Amount: All we need from you is the landing page you’d like to promote, the value of the incentive you’d like to offer and the time frame in which you’d like the campaign to run.
• Ex: Boost your new vehicle specials with a $50 offer.

2. USE YOUR CRM DATA TO CREATE CUSTOM AUDIENCES

We know no two dealers and no two markets are the same. Therefore, we don’t believe in one-size-fits-all solutions. Despite what vendors try to tell you, no one knows your pain points better than you. The most valuable data you have at your fingertips is your own customer data. Use this to pull targeted lists that address your unique needs and then work with a Client Service Specialist (CSS) to implement the campaign on social.

Here are a few examples to get the wheels turning:

• Pull a list of customers who are in equity and provide an incentive for them to get into a new vehicle for the same monthly cost.
• Consolidate a list of all active leads across all your 3rd party sources and retarget those individuals all in one place.
• Use equity-mining software such as AutoAlert to identify all customers in your market who have upcoming contracts ending on a lease or purchase.
• Target customers who visited your service drive but did not purchase from you.

3. ELIMINATE WASTED TIME & MONEY

Wouldn’t it help to know which leads in your CRM have already purchased so you don’t waste time and money trying to sell them? A high percentage of car buyers are only in market for a relatively short period of time. Through near real time sales data from Urban Science, AutoHook can help you identify which customers are no longer in market for a vehicle. No one (not even the OEMs) has access to this data within DAYS after sales transactions occur (rather weeks or months). Work with your CSS to create a suppression list of all the customers currently in your CRM that have already purchased a vehicle elsewhere.   

4. INCREASE CUSTOMER RETENTION

This is a HUGE and often undervalued aspect of the car business. Retention is half the battle. We know 30% of people will defect to a different brand after their lease is up. Use an incentive to ensure they come back to your store to test drive the newest model or any other vehicle they might be interested in. Mine your CRM data to find consumers who are “in equity” or who have a lease coming to term in the next 3-6 months.

5. TARGET UNDERPERFORMING MODELS

Real Dealer Case Study: Germain Ford of Beavercreek

• Using the data found within the MarketMaster tool and Urban Science’s shared sales database, AutoHook identified specific areas of opportunity for Germain Ford of Beavercreek to grow their market share by targeting the top three models they were losing to competitors (including the Ford Focus, Fusion, and Edge). We then implemented a $50 test-drive incentive on all Focus, Fusion and Edge VDPs and SRPs, while running social campaigns to drive traffic to those pages. The result was a 47% reduction in overall lost sales (pump-in). Click here to see the complete case study.

Can’t move a VIN off your lot? Try increasing the dollar amount of the test-drive incentive.

6. TARGET UNDERPERFORMING AREAS

Utilizing Market Master, AutoHook can help you identify the zip codes in which you’re losing the most sales opportunities. We can also show you the areas with the highest levels of pump-in sales and increase the incentive offer to come in for a test-drive in those underperforming areas. This will help you take back market share from the top brand competitors in your market.

Never heard of Market Master? A lot of dealers don’t know this powerful revenue driver exists. Market Master is an Urban Science tool that uses near real-time sales data to identify the biggest areas of opportunity within your market. It’s typically located within your dealer portal through your OEM (currently available for Ford, FCA, Honda, Hyundai, Toyota, and Nissan). 

7. CONQUEST TOP COMPETING BRANDS

Go after the models you know you’re losing to competitive brands in your market. Tailor the creative and messaging in your social ads to express why your brand is the better choice. For example, “Before you go back into a new Ford F150 here’s a $50 Visa Gift Card to come in and test drive the Dodge Ram at Hometown Chrysler.”

8. PLUG INTO VIDEO PRE-ROLL

Custom links can be embedded directly into your video ads on Facebook. Need to move more of a certain model, try offering $25-50 just for coming in to test-drive the featured vehicle. Chances are, if they’re watching the video, they’re already interested.

9. SECURE MORE FIXED OPS APPOINTMENTS

Running service specials? Why not promote them on social to get more exposure? Use incentives in your service and parts campaigns on social sites. Here are a few examples:

• Schedule a service appointment and get a $25 Visa gift card.
• Buy 4 tires get a $50 Visa Gift Card.
• Get a $10 Amazon Gift Card just for getting your oil changed with us.

10. BOOST HOLIDAY SPECIALS

Memorial Day is coming up! Lift the performance of your limited time holiday offers with a $25 gift incentive (or an amount of your choice). Dealers spend countless amounts of money to get customers in the door. Why not spend another $25 to ensure the sale? This same idea can be deployed throughout the year to increase sales around the holidays and give wings to your current specials and holiday sales events. 

To conclude, the opportunities in which you can leverage AutoHook to boost the performance of your social campaigns are limitless. Plus you have the attribution reporting that goes along with it, so you know we’re delivering results in the form of sales and service revenue.

In January of 2017, AutoHook opened up our API so that other best in class technology vendors could tie in our incentive offers to their own existing solutions. SOCIALDEALER is the latest partner to join in our open API initiative. Current and future clients of SOCIALDEALER will see even higher form fill conversion rates on social due to their integration with AutoHook’s API. To learn more about the new capabilities of this partnership, click here.

Infographic: Reclaim Your Service Revenue

Incentivize Your Service Drive

3 Ways to Rev Up Revenue This Tax Season

By David Metter

April offers a month of renewed optimism for car dealers everywhere as spring comes into fruition and pockets become heavier with a little cash back from Uncle Sam. Tax refund season has arrived, and with it, infinite profit opportunities for both vehicle sales and your fixed operations. I fondly remember April 15th back in my car-selling days as the “real” beginning of the month. 

With that in mind, the following have the potential to be the three most lucrative areas to focus your strategy on during this season of budding opportunity:

1. Increase Show Rates. Okay, this is obvious - but here’s how. We all know the probability of closing a deal skyrockets when a customer is physically in front of you in your showroom. The challenge is getting them there. This is where lead scoring comes into play. If you had the ability to instantly score leads based on their level of buying intent wouldn’t that make the time you spend chasing leads drastically more efficient? Wouldn’t you then know which leads to focus your attention on first and foremost? I recommend implementing technology that has the ability to score all your site, mobile, and third party leads simultaneously and in real-time, so that you know where to focus your efforts.

One way to increase your odds of getting buyers in the showroom is to offer an incentive just for coming in for a test drive, or for a vehicle inspection if their car is a potentially desirable trade-in. The higher the lead score, the more you should offer in exchange to facilitate heavier foot traffic, both on your showroom floor and in your service drive.  

DealerRefresh just published an article advising dealers to have their sales staff “put the phone down!” Customers who call your store are not looking to be sold. In fact, they are already sold on which vehicle they want down to the year, make, model, and even and trim level. Therefore, all calls should be managed by your BDC, or your appointment setters as the one and only goal should be setting the appointment to get them in the door.

2. Reclaim Your Fixed Ops Revenue. The service and parts department of a dealership is easily the revenue engine with the most powerful horsepower. The potential for profit opportunities is greater than ever before in a market infested with disloyal service goers. According to DME Automotive, service center loyalty is remarkably low. “Fewer than 1 in 4 drivers are loyal to their service center type, leaving 88.2B up for grabs.” Yes, you read that right. Eighty-eight BILLION. That is how much money is at stake in the market for service and parts. So, who’s going to claim it?

Cars.com agrees and points out, “We in the industry know that dealerships provide fair, competitive prices on quality service, but service shoppers don’t because we aren’t telling them, and it’s squeezing dealership profitability.” National repair chains take business from dealerships either because their digital marketing is more effective, or they offer a smoother digital experience – or both. A better experience includes superior visibility and more transparent pricing models. “All things that are within a dealership’s power to control, improve upon and use to influence service customers,” says Cars.com.           

3. Deploy a Millennial Marketing Strategy. As you’ve probably heard, the Millennial market of vehicle buyers is rapidly accelerating – and it covers a wider age group than you may realize, spanning the ages of 18-34 years old. The differentiating factor in this generation is that the dealership experience is rated much more heavily than the actual price of a car. According to a recent DrivingSales study, “While finding the right vehicle at the right price is important to everyone, our study shows that most younger consumers want a positive customer experience at the dealership and are willing to pay a little more to ensure they get it.”

Edmunds.com also offers insight as to what the mobile experience in particular looks like for Millennials, reporting that 60% of Millennial visitors come through their mobile site. These shoppers are most active during evenings and weekends when they are out and about, implying they’re using their phones while on the dealer lot.

Tips for Appealing to Millennials:

·      Mobile Focused Ads

·      Fluidity of Setting Appointments

·      Up Front Pricing

Time and convenience are perhaps the greatest hurdles to overcome when competing for millennial attention, with price following closely in third place. People don’t have time to sit and wait. Often, they are willing to pay slightly more for a faster, easier experience. Wouldn’t you? Quite frankly, time is money.

There is no time to waste. Spring has sprung, and there are billions of dollars to be claimed!