Automotive Industry Sales Facts
Trackstar was designed specifically for Car
Sales Teams and to deal
with the realities of the automotive sales industry.
The Trackstar Hot Prospect and
Follow-Up Retention System was developed by
experts in the automotive industry with knowledge
of how the industry works and what problems dealerships
face.
Fact: there are only four sources
of business for a dealership
- First time walk-in traffic
- Be-Back prospects from walk-in
traffic
- Repeat customers
- Referrals from clients or service
department
Fact: most dealerships focus
or depend on walk-in traffic as their
major source for new, used and lease vehicle sales
- Walk-in traffic has the lowest
closing ratio of all dealership business
- Walk-in traffic has the highest
advertising expense of all sources of dealer
traffic
- Dealers have the least control
of sales floor walkouts from their showrooms
Fact: dealerships largely ignore
walkouts
- Average walk-in traffic per day
for each sales person is 2.4 people
- Average number of working days
per month is 23
- Typical traffic per month is
for each sales person is 55
- Average sales per month is 8.3
for each retail sales person
- Average closing ratio per month
is 1/7 or only 15% traffic
- Approximately 47 hot prospect
walkouts per sales person per month
Fact: customer acquisition is
costly - losses even more so
- Average advertising expense per delivery is
$296.00
- Average expense for each showroom walkout
is $35.65
- NADA survey found that 90% of showroom walkouts
are not followed-up
Are you losing $10,000 a month
with poor follow-up?
 |
Fact: Trackstar is the
best follow-up and retention system on the
market today
- Trackstar targets showroom walkouts
to increase be-backs
- Trackstar will get an additional 15%
of walk-in traffic to return - that is
6 be-backs per salesperson per month
- Closing ratio for be-backs is 35%
- Average sales improvement for each salesperson
is 2 sales per month
|
Contact
Trackstar today to find out how you can
make more than $10,000 more each month.
Fact: many dealerships miss a
lucrative market
- Closing ratios for first time walk-in traffic
is 15% to 15% at most
- Be back closing ratios are between 35% and
50%
- Poor follow-up is costing you 2 deliveries
per salesperson each month
Fact: a consistent follow-up
and retention system fosters dealer-customer relationships
- Most dealerships don't have a customer retention
program that works consistently - most depend
on the sales staff to maintain long term client
relationships
- NADA survey states that 65% of clients did
not return to a dealership to buy again because
of "indifference from the salesperson"
after the sale
- Sales staff turnover in dealerships often
leave as orphan customers without a sales person
at the dealership - often resulting in lost
sales
Fact: repeat and referral customers
are an untapped profit centre
that are paramount to long-term dealer success
- Dealerships without a follow-up and retention
system lose repeat and referral sales daily
- A GM survey indicated that early renewal of
lease clients result in 56% retention of lease
clients
- Repeat customers sales depend on personal
relationships with their salesperson - repeat
customer closing ratio is 50% to 70%
- Referral customers have a 35% to 45% closing
ratio
- To retain your sales staff, they will need
a steady flow of income from be-backs, repeat
and referral business
Trackstar is a complete package:
- You will increase sales by converting showroom
walkouts to be-backs
- You will increase long term client retention
of purchase and lease clients to improve repeat
sales
- You will increase referral business from present
clients
- You will increase income from extended warranties
- You will retain sales from orphaned customers
- You will recover lost clients who shopped
your dealership but purchased elsewhere
Are you losing $10,000 a month
with poor follow-up?
 |
Fact:
Trackstar is the best follow-up and retention
system on the market today
- Trackstar targets showroom walkouts
to increase be-backs
- Trackstar will get an additional 15%
of walk-in traffic to return - that is
6 be-backs per salesperson per month
- Closing ratio for be-backs is 35%
- Average sales improvement for each salesperson
is 2 sales per month
|
Contact
Trackstar today to find out how you can
make more than $10,000 more each month.
|