Automotive BDC Workshop; IGPA

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Automotive BDC Workshop; IGPA

Transcript of Automotive BDC Workshop; IGPA

PeoplePeoplePeoplePeople

IGPAIGPAExerciseExerciseIGPAIGPA

ExerciseExercise

InfrastructureInfrastructureInfrastructureInfrastructure

Wrap-UpWrap-UpWrap-UpWrap-Up

Hardware/Hardware/SoftwareSoftware

Hardware/Hardware/SoftwareSoftware

Getting StartedGetting StartedGetting StartedGetting Started

Incremental Gross Profit AnalysisIncremental Gross Profit Analysis

Participant GuidePages ##-##

Participant GuidePages ##-##

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

BackBack NextNextNextNextHomeHomeHomeHome

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Incremental Gross Profit Analysis

Inbound PhoneIncremental Gross Profit Analysis

Inbound Phone

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IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

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Incremental Gross Profit Analysis

Inbound PhoneIncremental Gross Profit Analysis

Inbound Phone

AverageMonth

AverageMonth

BDC Incrementality

(2%-5%)

BDC Incrementality

(2%-5%)

BDC Sales Contribution

(Column 1 X Column 2)

BDC Sales Contribution

(Column 1 X Column 2)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)Monthly Gross

(Column 3 X Column 4)

Monthly Gross(Column 3 X Column 4)

300

NextNextNextNextBackBackBackBackHomeHomeHomeHome

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

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Incremental Gross Profit Analysis

Inbound PhoneIncremental Gross Profit Analysis

Inbound Phone

AverageMonth

AverageMonth

BDC Incrementality

(2%-5%)

BDC Incrementality

(2%-5%)

BDC Sales Contribution

(Column 1 X Column 2)

BDC Sales Contribution

(Column 1 X Column 2)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)Monthly Gross

(Column 3 X Column 4)

Monthly Gross(Column 3 X Column 4)

300

5%

NextNextNextNextBackBackBackBackHomeHomeHomeHome

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

BDC Incrementality

Up to 5%Up to 3%Up to 2%

“Yes” Responses 3 or less = 4 to 6 =7 or more =

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Incremental Gross Profit Analysis

Inbound PhoneIncremental Gross Profit Analysis

Inbound Phone

AverageMonth

AverageMonth

BDC Incrementality

(2%-5%)

BDC Incrementality

(2%-5%)

BDC Sales Contribution

(Column 1 X Column 2)

BDC Sales Contribution

(Column 1 X Column 2)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)Monthly Gross

(Column 3 X Column 4)

Monthly Gross(Column 3 X Column 4)

15 Units

300

5%

NextNextNextNextBackBackBackBackHomeHomeHomeHome

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

BDC Incrementality

Up to 5%Up to 3%Up to 2%

“Yes” Responses 3 or less = 4 to 6 =7 or more =

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Incremental Gross Profit Analysis

Inbound PhoneIncremental Gross Profit Analysis

Inbound Phone

AverageMonth

AverageMonth

BDC Incrementality

(2%-5%)

BDC Incrementality

(2%-5%)

BDC Sales Contribution

(Column 1 X Column 2)

BDC Sales Contribution

(Column 1 X Column 2)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)Monthly Gross

(Column 3 X Column 4)

Monthly Gross(Column 3 X Column 4)

15 Units

$1,760

300

5%

NextNextNextNextBackBackBackBack

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

BDC Incrementality

Up to 5%Up to 3%Up to 2%

“Yes” Responses 3 or less = 4 to 6 =7 or more =

HomeHomeHomeHome

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Incremental Gross Profit Analysis

Inbound PhoneIncremental Gross Profit Analysis

Inbound Phone

AverageMonth

AverageMonth

BDC Incrementality

(2%-5%)

BDC Incrementality

(2%-5%)

BDC Sales Contribution

(Column 1 X Column 2)

BDC Sales Contribution

(Column 1 X Column 2)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)Monthly Gross

(Column 3 X Column 4)

Monthly Gross(Column 3 X Column 4)

15 Units

$1,760

$26,400

300

5%

NextNextNextNextBackBackBackBack

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

BDC Incrementality

Up to 5%Up to 3%Up to 2%

“Yes” Responses 3 or less = 4 to 6 =7 or more =

HomeHomeHomeHome

Incremental Gross Profit Analysis

InternetIncremental Gross Profit Analysis

Internet

NextNextNextNextBackBackBackBack

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

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Incremental Gross Profit Analysis

InternetIncremental Gross Profit Analysis

Internet

AverageMonth

AverageMonth

BDC Incrementality

(2%-5%)

BDC Incrementality

(2%-5%)

BDC Sales Contribution

(Column 1 X Column 2)

BDC Sales Contribution

(Column 1 X Column 2)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

100

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IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

HomeHomeHomeHome

Monthly Gross(Column 3 X Column 4)

Monthly Gross(Column 3 X Column 4)

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Incremental Gross Profit Analysis

InternetIncremental Gross Profit Analysis

Internet

AverageMonth

AverageMonth

BDC Incrementality

(2%-5%)

BDC Incrementality

(2%-5%)

BDC Sales Contribution

(Column 1 X Column 2)

BDC Sales Contribution

(Column 1 X Column 2)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

NextNextNextNextBackBackBackBack

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

100 2%

BDC Incrementality

Up to 5%Up to 3%Up to 2%

“Yes” Responses 3 or less = 4 to 6 =7 or more =

HomeHomeHomeHome

Monthly Gross(Column 3 X Column 4)

Monthly Gross(Column 3 X Column 4)

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Incremental Gross Profit Analysis

InternetIncremental Gross Profit Analysis

Internet

AverageMonth

AverageMonth

BDC Incrementality

(2%-5%)

BDC Incrementality

(2%-5%)

BDC Sales Contribution

(Column 1 X Column 2)

BDC Sales Contribution

(Column 1 X Column 2)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

2 Units

NextNextNextNextBackBackBackBack

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

100 2%

BDC Incrementality

Up to 5%Up to 3%Up to 2%

“Yes” Responses 3 or less = 4 to 6 =7 or more =

HomeHomeHomeHome

Monthly Gross(Column 3 X Column 4)

Monthly Gross(Column 3 X Column 4)

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Incremental Gross Profit Analysis

InternetIncremental Gross Profit Analysis

Internet

AverageMonth

AverageMonth

BDC Incrementality

(2%-5%)

BDC Incrementality

(2%-5%)

BDC Sales Contribution

(Column 1 X Column 2)

BDC Sales Contribution

(Column 1 X Column 2)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

2 Units

$1,760

NextNextNextNextBackBackBackBack

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

100 2%

BDC Incrementality

Up to 5%Up to 3%Up to 2%

“Yes” Responses 3 or less = 4 to 6 =7 or more =

HomeHomeHomeHome

Monthly Gross(Column 3 X Column 4)

Monthly Gross(Column 3 X Column 4)

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Incremental Gross Profit Analysis

InternetIncremental Gross Profit Analysis

Internet

AverageMonth

AverageMonth

BDC Incrementality

(2%-5%)

BDC Incrementality

(2%-5%)

BDC Sales Contribution

(Column 1 X Column 2)

BDC Sales Contribution

(Column 1 X Column 2)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

2 Units

$1,760

NextNextNextNextBackBackBackBack

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

100

“Yes” Responses 3 or less = 4 to 6 =7 or more =

2%

BDC Incrementality

Up to 5%Up to 3%Up to 2%

HomeHomeHomeHome

Monthly Gross(Column 3 X Column 4)

Monthly Gross(Column 3 X Column 4)

$7,040

Incremental Gross Profit Analysis

RTCM/RCLIncremental Gross Profit Analysis

RTCM/RCL

NextNextNextNextBackBackBackBack

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

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Incremental Gross Profit Analysis

RTCM/RCLIncremental Gross Profit Analysis

RTCM/RCL

AverageMonth

AverageMonth

BDC Incrementality

(2%-5%)

BDC Incrementality

(2%-5%)

BDC Sales Contribution

(Column 1 X Column 2)

BDC Sales Contribution

(Column 1 X Column 2)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

150

NextNextNextNextBackBackBackBack

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

HomeHomeHomeHome

Monthly Gross(Column 3 X Column 4)

Monthly Gross(Column 3 X Column 4)

X

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Incremental Gross Profit Analysis

RTCM/RCLIncremental Gross Profit Analysis

RTCM/RCL

AverageMonth

AverageMonth

BDC Incrementality

(2%-5%)

BDC Incrementality

(2%-5%)

BDC Sales Contribution

(Column 1 X Column 2)

BDC Sales Contribution

(Column 1 X Column 2)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

150

3%

NextNextNextNextBackBackBackBack

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

“Yes” Responses 3 or less = 4 to 6 =7 or more =

BDC Incrementality

Up to 5%Up to 3%Up to 2%

HomeHomeHomeHome

Monthly Gross(Column 3 X Column 4)

Monthly Gross(Column 3 X Column 4)

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Incremental Gross Profit Analysis

RTCM/RCLIncremental Gross Profit Analysis

RTCM/RCL

AverageMonth

AverageMonth

BDC Incrementality

(2%-5%)

BDC Incrementality

(2%-5%)

BDC Sales Contribution

(Column 1 X Column 2)

BDC Sales Contribution

(Column 1 X Column 2)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

5 Units

150

3%

NextNextNextNextBackBackBackBack

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

“Yes” Responses 3 or less = 4 to 6 =7 or more =

BDC Incrementality

Up to 5%Up to 3%Up to 2%

HomeHomeHomeHome

Monthly Gross(Column 3 X Column 4)

Monthly Gross(Column 3 X Column 4)

X

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4

Incremental Gross Profit Analysis

RTCM/RCLIncremental Gross Profit Analysis

RTCM/RCL

AverageMonth

AverageMonth

BDC Incrementality

(2%-5%)

BDC Incrementality

(2%-5%)

BDC Sales Contribution

(Column 1 X Column 2)

BDC Sales Contribution

(Column 1 X Column 2)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

5 Units

$1,760

150

3%

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

“Yes” Responses 3 or less = 4 to 6 =7 or more =

BDC Incrementality

Up to 5%Up to 3%Up to 2%

NextNextNextNextBackBackBackBackHomeHomeHomeHome

Monthly Gross(Column 3 X Column 4)

Monthly Gross(Column 3 X Column 4)

X

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Incremental Gross Profit Analysis

RTCM/RCLIncremental Gross Profit Analysis

RTCM/RCL

AverageMonth

AverageMonth

BDC Incrementality

(2%-5%)

BDC Incrementality

(2%-5%)

BDC Sales Contribution

(Column 1 X Column 2)

BDC Sales Contribution

(Column 1 X Column 2)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

Gross (Nat’l. Avg.) PNVR F&I

($1,238) ($522)

5 Units

$1,760

150

3%

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

“Yes” Responses 3 or less = 4 to 6 =7 or more =

BDC Incrementality

Up to 5%Up to 3%Up to 2%

NextNextNextNextBackBackBackBackHomeHomeHomeHome

Monthly Gross(Column 3 X Column 4)

Monthly Gross(Column 3 X Column 4)

$31,680

Incremental Gross Profit AnalysisIncremental Gross Profit Analysis

BackBackBackBack

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

NextNextNextNextHomeHomeHomeHome

$ 26,400 $ 26,400 Inbound PhoneInbound Phone

Incremental Gross Profit AnalysisIncremental Gross Profit Analysis

BackBackBackBack

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

NextNextNextNextHomeHomeHomeHome

$ 26,400 $ 26,400

$ 7,040 $ 7,040

Inbound PhoneInbound Phone

InternetInternet

Incremental Gross Profit AnalysisIncremental Gross Profit Analysis

BackBackBackBack

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

NextNextNextNextHomeHomeHomeHome

$ 26,400 $ 26,400

$ 31,680 $ 31,680

$ 7,040 $ 7,040

Inbound PhoneInbound Phone

RTCM/RCLRTCM/RCL

InternetInternet

Incremental Gross Profit AnalysisIncremental Gross Profit Analysis

BackBackBackBack

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

NextNextNextNextHomeHomeHomeHome

$ 26,400 $ 26,400

$ 31,680 $ 31,680

$ 7,040 $ 7,040

$ 65,120$ 65,120

Inbound PhoneInbound Phone

RTCM/RCLRTCM/RCL

TotalTotal

InternetInternet

Incremental Gross Profit AnalysisIncremental Gross Profit Analysis

$ 26,400 $ 26,400

IGPAIGPAExerciseExercise

IGPAIGPAExerciseExercise

$ 31,680 $ 31,680

$ 7,040 $ 7,040

$ 65,120$ 65,120

x 12 Monthsx 12 Months

$ 781,440$ 781,440

HomeHomeHomeHome NextNextBackBackBackBack

Inbound PhoneInbound Phone

RTCM/RCLRTCM/RCL

TotalTotal

InternetInternet

InfrastructureInfrastructure

BackBackHomeHomeHomeHome NextNext

InfrastructureInfrastructureInfrastructureInfrastructure

Job Description/Personality ProfileJob Description/Personality Profile

HomeHomeHomeHome NextNextNextNext

PeoplePeoplePeoplePeople

•BDC Manager•BDC Manager

BackBack

Personality traitPersonality trait SkillSkill

Organized & detail Organized & detail orientedoriented

Collect & analyze Collect & analyze metrics/run reportsmetrics/run reports

Outgoing, personableOutgoing, personable& energetic& energetic

Recruit, trainRecruit, train& motivate staff& motivate staff

Team playerTeam playerLead by example/ Lead by example/ interact w/other interact w/other managementmanagement

Job Description/Personality ProfileJob Description/Personality Profile

•BDC Coordinator•BDC Coordinator

HomeHomeHomeHome NextNextNextNextBackBackBackBack

PeoplePeoplePeoplePeople

Personality traitPersonality trait SkillSkill

Upbeat, positive, Upbeat, positive, “smiles” on the phone“smiles” on the phone

Heavy phone Heavy phone contactcontact

Quick learner, no fear Quick learner, no fear of changeof change

Ability to work Ability to work multiple software multiple software applicationsapplications

Professional work Professional work ethicethic

Vested interest in Vested interest in dealership successdealership success

Recruiting ProcessRecruiting Process

•Place an ad

•Review applicant resume online

•Conduct first interview via phone

•Conduct live interview

•Place an ad

•Review applicant resume online

•Conduct first interview via phone

•Conduct live interview

HomeHomeHomeHome NextNextNextNextBackBackBackBack

PeoplePeoplePeoplePeople

Pay PlansPay Plans

•Salary/Hourly wages

•Bonus per appointment kept

•Bonus per unit sold

•Spiffs

•Salary/Hourly wages

•Bonus per appointment kept

•Bonus per unit sold

•Spiffs

HomeHomeHomeHome NextNextNextNextBackBackBackBack

PeoplePeoplePeoplePeople

Staffing ExerciseStaffing Exercise

NextNextNextNextHomeHomeHomeHome

PeoplePeoplePeoplePeople

Participant GuidePages ##-##

Participant GuidePages ##-##

BackBackBackBack

SchedulesSchedules

HomeHomeHomeHomeHomeHomeHomeHome NextNextNextNextBackBackBackBack

PeoplePeoplePeoplePeople

RTCM Outbound CallsRTCM Outbound Calls Product Knowledge TrainingProduct Knowledge Training Incoming Calls/Internet/Direct MailIncoming Calls/Internet/Direct Mail To Do ListTo Do List

SchedulesSchedules PeoplePeoplePeoplePeople

HomeHomeHomeHome NextNextBackBackBackBack

MA

RY

MA

RY

JOH

NJO

HN

SU

ES

UE

BO

BB

OB

8:00 8:30 9:00 9:30 10:0010:3011:0011:3012:0012:301:00 1:30 2:00 2:30 3:00 : 3:30 4:00 4:30 5:00 5:30 6:00 6:30 7:008:00 8:30 9:00 9:30 10:0010:3011:0011:3012:0012:301:00 1:30 2:00 2:30 3:00 : 3:30 4:00 4:30 5:00 5:30 6:00 6:30 7:00

Opening Duties/Incoming Calls Incoming Calls/Internet Appointment Outcome Calls Lot Walk-15 min.

L U N C H

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Participant Guide Pages ##Participant Guide Pages ##

Hardware NeedsHardware Needs•Dedicated computers

•High-speed internet access

•Windows XP / Internet Explorer 6.0 capability

•128K RAM minimum

•Network capability

•Dedicated computers

•High-speed internet access

•Windows XP / Internet Explorer 6.0 capability

•128K RAM minimum

•Network capability

HomeHomeHomeHome BackBack

Hardware/Hardware/SoftwareSoftware

Hardware/Hardware/SoftwareSoftware

NextNextNextNext

Software NeedsSoftware Needs•Data import and export

•Mail merge

•Daily work planner

•Auto reminders

•Appointment scheduling

•Report generation

•Interactive computer scripts

•Data import and export

•Mail merge

•Daily work planner

•Auto reminders

•Appointment scheduling

•Report generation

•Interactive computer scripts

HomeHomeHomeHome

Hardware/Hardware/SoftwareSoftware

Hardware/Hardware/SoftwareSoftware

NextNextBackBackBackBack

Best PracticesBest Practices•Follow recruiting process

•Pay bonus for appointments kept,not just set

•Create individual coordinator schedule

•Develop technology work-around

•Set up logical efficient work spaces

•Follow recruiting process

•Pay bonus for appointments kept,not just set

•Create individual coordinator schedule

•Develop technology work-around

•Set up logical efficient work spaces

HomeHomeHomeHome NextNextNextNextBackBack

Wrap-UpWrap-UpWrap-UpWrap-Up

ResourcesResources Wrap-UpWrap-UpWrap-UpWrap-Up

People andInfrastructure

Pages ##-##

People andInfrastructure

Pages ##-##

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