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The Response Guaranteed To Get Buyers On Your Lot

September 2, 2020/in Dealership Marketing /by Dahvin Greenfield

It’s time to stop treating your customers like it’s 1980.

Believe it or not, 90% of shoppers do 13+ hours of research before making a purchase.

Thanks to the number of listing sites, social media and Google, your customer can get all of the information they need.

Because they have done loads of research, when they submit an inquiry, they are ‘hot’ and ready to buy.

They are not sending in an inquiry to see those same vehicle specs!

They don’t need that!

They just read it!

The 3-Point Response™ utilized by Overnight Dealer is a proven method to get customers on the lot.

The response consists of:

  1. Picture
  2. Personalization
  3. Point

Picture

People are more likely to open and respond to an email from someone they know.

Having a picture of a friendly face accompanied with the sender’s name, looks more genuine and inviting!

Typical lead follow-up templates, have a sales person’s picture attached to their signature.

This old fashioned approach is more hokey and less trustworthy.

Personalization

Similar to the picture, the signature completes the personalization!

The potential customer will see the email is coming from a trusted source: your dealership!

Point

Why a single point?

Customers have done their research!!

The Point will be geared towards a selected CTA (Call-T0-Action), such as set up a call/appointment or test drive.

No need for multiple questions in one email message (it’s not the 80’s).

No need for a long drawn out message filled with pictures of a vehicle they JUST looked at!

Don’t overwhelm your customer with questions.

Trust that when a prospect reaches out to your dealership, it’s because they want to work with you.

Do not turn away hot leads with an outdated method!

 

Getting The Most Out Of Your CRM

August 21, 2020/in Dealership Marketing /by Dahvin Greenfield

Customer Relationship Management (CRM) is a technology for managing your dealership’s relationships and interactions with past, current and new/potential customers.

Believe it or not, the CRM should be you and your sales staff best friend!

Honestly – when was the last time you checked what your CRM can do for you?

Before you let frustration take over, consider utilizing your CRM for you and your staff’s benefit!

The Possibilities Are Endless…Literally

Your CRM is jam packed full of customer’s information!

Not just customers who recently sold but also those who bought years ago.

Everyone is due for an upgrade and you should be the dealership your customer thinks of.

Give them a reason to think of you!

Do not give your competitor an opportunity that’s literally in front you!

Pull a call list right from your CRM and get your sales people on the phone ASAP!

Shut Down The Auto Response

It’s important to be the first responder to incoming inquiries but it’s more important to come across genuine!

Shut off your auto responder.

Sales people should be handling all incoming leads throughout the day.

Your customers can spot auto responses and would much rather get a personalized message in return.

But what about the leads that come in overnight?

Good Question!

Consider hiring an overnight BDC service to respond and qualify your leads.

Most overnight BDC services are integrated with your CRM.

Overnight Dealer will answer & qualify overnight leads in less than five minutes!

In addition, we will provide you a Hot Leads Report each and every morning.

No more wondering which lead you should prioritize, we’ve got you covered!

 

California Consumer Privacy Act – Does This Apply To You?

August 19, 2020/in Dealership Marketing /by Dahvin Greenfield

As of July 1st of this year, a new privacy act has gone into effect.

The California Consumer Privacy Act (CCPA) regulates how companies handle personal information specifically, personal information from anyone in California.

Under this privacy act, residents of California have the following rights:

  1. California consumers can demand to see any and all personal information companies have about them
  2. California consumers have the right to see a list of third parties these companies have shared information with

In addition, California residents can sue companies if the privacy regulations are violated.

This may seem straightforward …. a California Privacy Act for California residents.

Your dealership may be on the opposite coast but that does not mean you shouldn’t take precautions!

Companies located outside of California may still fall under this law; they don’t even have to be based in the United States.

All companies that serve California residents and have at least 25$ million in annual revenue must comply with the CCPA.

Not only that but, companies of any size that have personal data on at least 50K people or that collect more than half of their revenues from the sale of personal data, must comply.

Think of it this way …

Your dealership may be located in the NorthEast or Midwest and yet, anyone from anywhere can find it because your dealership has a website.

Someone from California could peruse your inventory, fill out a contact form or sign up for a newsletter.

If you do not provide them the option to opt-out of sharing their personal information, you could be sued anywhere from $100 to $750 per incident!

That adds up fast!

So how do we avoid this from happening?

The CCPA law specifies that companies must have a link at the footer of their website offering consumers the option to opt-out of data sharing.

If the option is not there, consumers have the right to sue.

Still seems a bit jarring?

Sit down with your marketing team and make sure you are compliant today!

How Hot Are Your Leads?

August 14, 2020/in Dealership Marketing /by Dahvin Greenfield

We are in the middle of August and the weekend is kicking off!

Your sales staff is ready to close more deals.

Although there is an abundance of leads in your CRM, it seems as if every other inquiry is a dud.

Just browsing…

I did not send in a lead

I bought elsewhere…

If you were to review your internet leads, what percentage are hot versus bad?

What if I told you your hottest leads may be coming in overnight?

35% of internet leads come in when you are closed!

Without hiring an overnight BDC service, it’s nearly impossible to handle those overnight inquiries.

We have a solution…

Overnight Dealer responds and qualifies your overnight leads within five minutes.

We will handle all of your overnight leads and provide you a Hot Leads Report each morning!

Schedule a demo and see how soon we could qualify your leads; we don’t want you to miss ANY sale opportunity!

Your Auto Response Is Hurting Your Credibility

August 10, 2020/in Dealership Marketing /by Dahvin Greenfield

In this day and age, being the first responder to a lead is the biggest priority; especially when we know 78% of shoppers BUY from the dealership that responds back first.

If that’s not you, it’s your competitor.

But this does not mean you should rely on auto responders.

If you’ve taken the time to comb through the array of templates in your CRM, you would’ve noticed how stale and outdated they are … stale enough to turn off a hot lead!

If your CRM is sending auto responses, the information must be accurate.

Ford dealers in particular should skim through any recently sent emails.

Everyone is beyond excited for the upcoming launch of the 2021 Ford Bronco – and when we say everyone, we also mean your CRM!

Although the 2021 Bronco reservation windows have been pushed to December and dealers aren’t receiving first orders until mid-2021, there’s a chance your CRM has jumped the gun.

Here’s an example of an automated email message about the (yet to be sold) 2021 Ford Bronco:

If this doesn’t make you want to go through your CRM with a fine-tooth comb, I don’t know what will!

Take the time to sit down with your marketing manager and review all auto response templates in your CRM.

Your potential buyers are trusting your word when it comes to their future car purchase …

Simply put, turn off your auto response!

Zero Overnight Leads? Time To Speak To Marketing

August 7, 2020/in Dealership Marketing /by Dahvin Greenfield

Another weekend is fast approaching and your sales staff is losing steam.

They are responding to incoming leads, following up with previous buyers and continue to refresh the CRM dashboard.

You’re hoping to have a packed weekend of moving inventory and yet, the lead flow has dried up.

35% of internet leads come in when you are off the clock!

If you are coming to the dealership each morning to an empty CRM, it’s time to speak with your marketing manager.

You should have an abundance of internet leads if your budget is going towards right kind of leads!

First things first, make sure it isn’t a technical issue with your CRM or lead forwarding email.

If everything is set up correctly, dig into where your leads are coming from.

Check those 3rd Party Listing Sites and make sure the correct inventory and pricing is available.

Talk to your marketing manager and make sure she/he is checking these sites for you too.

If the inventory and pricing is accurate, review which package you are on for each vendor.

Maybe you’re targeting the wrong buyer!

Maybe your inventory isn’t available on enough listing sites.

Set up a meeting with your marketing team (if you haven’t already) and figure out where your leads have gone!

35% of all leads come in overnight; if you are coming to work to an empty CRM, improving your lead quantity should be your number one priority!

3 Best Tips To Improve Follow Up When Customers Are Hot-To-Buy!

July 29, 2020/in Dealership Marketing /by Dahvin Greenfield

It’s Q3, your inventory is fresh, your advertising budget is adjusted and your sales staff is hungry!

Don’t leave customers waiting more than five minutes, your competitor is right down the road.

78% of buyers shop with the dealership that responds back FIRST.

We want you to be that dealership!

Here are Three of the BEST Tips to Improve Follow Up When Customers Are Hot-To-Buy:

 

Don’t Rely On Auto Responders

The worst thing about Auto Responders is that your customers can spot one when it lands in their inbox (or spam folder)!

It’s not personable and it looks like it’s coming from a robot.

Turn off the Auto Responder and have your sales staff follow up with your customers.

Don’t Overwhelm Your Customers

A hot lead just came in – hooray!

This customer is so excited about the new SUV that just arrived and can’t wait to take it out for a spin.

Sounds like a hot-to-buy customer, right?

Sure…so why are you following up their inquiry with pictures of the vehicle they JUST searched for?

Or even worse…showing them pictures of another car that may be out of their budget or doesn’t check all of their preference boxes?

The plan is to get this customer on the phone or in the door.

Let the customer decide if they want to peruse other vehicles (from YOUR inventory of course)!

Always Include A Call-To-Action

The lead is hot!

It’s the end of the month!

Why haven’t you set up a date or time for this customer to stop by?

Your follow up techniques via email or the phone should always have a call-to-action!

When’s a good day/time to talk on the phone?

When are you free today for a test drive?

Keep it simple, short & single.

Why a single point?

Your customer has done their research.

Don’t ask them too many questions or bombard them with four to five pictures.

If you have their attention, keep their attention before they look elsewhere (and don’t think they won’t).

 

Interested in more follow up techniques?

Learn more about Overnight Dealer’s 3-Point Response.

What Are The 3 Questions Every GM Should Ask Their Marketing Manager?

July 24, 2020/in Dealership Marketing /by Dahvin Greenfield

Picture this … your sales staff is stressed, scrolling through the CRM, in search of a hot lead.

Monthly incentives are posted on social media, inventory pricing is updated and you’re moving inventory.

But … what the hell has your Marketing Manager been doing?

As the general manager of a dealership, you should be meeting with your marketing manager at least once a week and gets answers to the following 3 questions.

Where Is My Budget Going (And Why)?

As a GM you should know where your advertising budget is going.

You cannot afford to put your head in the sand and set monthly budgets to third-party vendors  (AutoTrader, Cars.com, etc.) on auto-pilot.

Your marketing manager runs the advertising budget, but you own it.

Sit down with your marketing department and review where your money is going.

If you do not recognize the name of a vendor, cancel them today!

Where Are My Leads & Deals Coming From?

Do you get more Car Gurus leads but close more deals thanks to Cars.com?

Who’s got this answer?  Your Marketing Department.

Your marketing manager should provide a report on how many leads you are getting from each vendor, total cost per vendor, number of leads & cost per closed lead.

(The most successful dealerships are tracking these numbers daily in a shared excel or dashboard.)

If your average closing cost for Car Gurus is higher than Cars.com, it’s time to shift your marketing budget and stop wasting money!

What Is My Cost Per Sale?

As the GM, you live and die by your monthly sales objectives.

And your marketing department should be doing the same thing!

Your advertising budget should be spent on vendors with a consistent return on investment (ROI).

Not only do you need to move inventory, you have to be cost-effective!

Your marketing department should be reviewing current spend and daily sales to calculate your cost per sale (CPS).

If CPS is higher than projected, marketing needs to make adjustments mid-month.

And if they don’t ….. maybe it’s time to start looking for a new marketing manager!

Don’t have a full-time marketing person?

Did you know that Overnight Dealer has a monthly Source Report?

In addition to following up with your overnight leads (which make up 35% of your total leads), Overnight Dealer provides a report of where your best leads are coming from!

Learn more about our Source Report!

Following Up With Internet Leads In 2020

July 10, 2020/in Dealership Marketing /by Dahvin Greenfield

Lead follow-up is crucial!

78% of customers buy from the first responder.

If you don’t respond to a lead within five minutes, that’s another deal for your competitor to close.

We don’t want that.

It’s time to treat our internet lead follow-up like it’s 2020, NOT 1980.

It’s time to review some processes and make a change!

Here’s something you should know … Up to 40% of internet leads come in overnight.

A lot of opportunities are left on the table and it’s affecting your closing rate.

Overnight Dealer responds and qualifies all of your overnight leads so sales can start the day motivated!

That’s 40% of your leads responded to and qualified!

You are already capturing 60% of incoming leads during business hours.

Let us help you respond & qualify the additional 40%!

It’s 2020; it’s time to respond and qualify 100% of your internet leads!

Are you ready to get started?

Turn Off Your CRM Auto Response Now

July 7, 2020/in Dealership Marketing /by Dahvin Greenfield

Dealerships have been relying on auto responses generated by their CRMs for years.

These responses are outdated, stale and likely to turn off a potential customer.

With an abundance of listing sites to peruse through, potential buyers do not need you to fill their inbox with information they’ve researched themselves.

Multiple pictures … vehicle specs …. two or three follow up questions…

Speaking of follow up questions – shouldn’t the customer be asking you about the vehicle and not the other way around?

Better yet … shouldn’t this conversation be happening in person or over the phone?

Here’s a suggestion: Overnight Dealer’s 3-Point Response™

The 3-Point Response™ is a proven method to get customers to respond.

It’s personalized, it’s coming from a real email address and it asks a single point.

Why a single point?

Customers have done their research!!

It’s time to get with the program and stop talking to customers like it’s 1980!

Stop flooding your customer’s inboxes with spammy messaging.

Overnight Dealer is Anti-Information Overload!

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