Pub 1 2023 Issue 3

In today’s automotive retail environment, consumers have more choices than ever, and dealers are paying more to acquire customers. With costs going up across the board and consumers who have access to more information and endless options, it’s imperative to offer potential customers next-level options and services to ensure higher conversion rates. One of the most important things you can do to effectively win customers without breaking the bank is to offer them benefits that they may not get elsewhere. Executed correctly, these benefits can give your dealership a leg up on the competition without costing as much as traditional promotions: 1. Virtual Showroom and Test Drives: In addition to physical showrooms, offering virtual showroom experiences can enhance convenience for customers, especially those who prefer to browse and explore vehicles from the comfort of their homes. Car dealerships can utilize virtual reality (VR) or augmented reality (AR) technology to provide immersive virtual tours of vehicles, enabling customers to inspect interior and exterior features in detail. Moreover, offering virtual test drives through interactive simulations can allow customers to experience the performance and functionality of different vehicles before making a decision. 2. Exclusive Events and VIP Treatment: Hosting exclusive events or offering VIP treatment to loyal customers, such as invitation-only previews of new vehicle models, special discounts or access to premium amenities like luxury lounges and complimentary refreshments during dealership visits. 3. Customization Options: Offering extensive customization options for vehicles, including personalized accessories, upgrades and modifications tailored to the customer’s preferences. This can include anything from custom paint jobs and interior enhancements to advanced technology installations or performance upgrades. 4. Transparent Pricing and Financing Options: Transparency in pricing and financing options is crucial for building trust Offer Benefits and Win Customers By ACV “One of the most important things you can do to effectively win customers without breaking the bank is to offer them benefits that they may not get elsewhere.” № 7 18 CATA UP TO SPEED

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