OFFICIAL PUBLICATION OF THE CHICAGO AUTOMOBILE TRADE ASSOCIATION

Pub. 1 2023-2024 Issue 3

Offer Benefits and Win Customers

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 and confidence among customers. Car dealerships can adopt transparent pricing strategies, clearly displaying the cost breakdown of vehicles along with any available discounts or incentives. Additionally, providing transparent information about financing options, including interest rates, loan terms and monthly payments, helps customers make informed decisions without feeling pressured or uncertain about hidden fees or charges.
  5. Community Engagement: Engaging with the local community through partnerships with other businesses or organizations to offer exclusive discounts, promotions, or events for customers. This could include collaborations with local restaurants, entertainment venues, or wellness centers to provide added value to the dealership’s customer base.
  6. Eco-Friendly Initiatives: Demonstrating a commitment to sustainability can sway conscious customers. Showcasing your dealership’s environmental responsibility by offering eco-friendly vehicle options, promoting green driving practices or implementing environmentally conscious initiatives such as tree-planting campaigns, recycling programs or carbon offset programs for vehicle purchases.
  7. Post-Purchase Support and Services: Offering comprehensive post-purchase support and services can enhance the overall customer experience and foster long-term relationships. Car dealerships can provide complimentary services such as vehicle maintenance, warranty coverage and roadside assistance to ensure customers feel supported and valued beyond the initial purchase. Moreover, establishing regular communication channels, such as follow-up calls or emails, allows dealerships to address any concerns or inquiries promptly reinforcing customer satisfaction and loyalty.

By incorporating these unique benefits into their offerings, car dealerships can differentiate themselves in a competitive market and attract and retain customers who value exceptional service and added value.

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