LEARN HOW TO
THRIVE AND SURVIVE
(ALMOST) ANYTHING
Every day’s an adventure — now more than ever. So, how do you protect your dealership from economic uncertainties and trends threatening your profitability? Our new handbook offers tips for surviving it all!
LEARN HOW TO
THRIVE AND SURVIVE
(ALMOST) ANYTHING
Every day’s an adventure — now more than ever. So, how do you protect your dealership from economic uncertainties and trends threatening your profitability? Our new handbook offers tips for surviving it all!
SCROLL TO SEE THE 7 CHALLENGES
YOU’LL LEARN HOW TO SURVIVE
1. talent shortage
of franchised dealers say
finding the right employees
is a challenge.
Attracting the right talent is hard, especially in today’s economic environment. Put our hiring advice into practice to help you build your team.
2. staff retention challenges
is the estimated annual cost of employee turnover for the average dealership.
Turnover for all dealership positions is up, and you’re probably feeling it on your bottom line. Try our suggested improvements to keep your team happy.
3. supply chain shortage
of in-market shoppers are
likely to postpone their
vehicle purchase due
to shortages.
Experts now believe the chip shortage will extend well into 2022 (or beyond). Find tips
for succeeding even in a low-inventory environment.
4. CHANGING CONSUMER BEHAVIORS
2/3 of customers identify
as more likely to buy a
vehicle 100% online.
Consumers keep changing how they shop, and you’ve got to keep up. Feed your profit engine with our ways to adapt.
5. lockdown markets
questions loom about
whether dealerships will
need to shut down in
the future.
Your dealership might encounter periods of low traffic on the road ahead. Keep our guide in your back pocket so you can stay profitable even if your doors have to close.
6. market competition
1.4 MILLION
1.4 MM
fewer new vehicles than in 2020.
Your dealership might encounter periods of low traffic on the road ahead. Keep our guide in your back pocket so you can stay profitable even if your doors have to close.
7. the data war
CRM data that’s outdated might be your worst enemy.
The battle for car shoppers is being fought in the digital realm. Take our advice on using data to help you win more deals.
What are you waiting for?
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