PROSPECTING
BUILDING RAPPORT
FACT FINDING/HOT BUTTONS
DEMO
NEGOTIATE
CLOSING
UP YOUR GAME
IN THE AUTOMOTIVE
SALES INDUSTRY.
LEARN SALES STRATEGIES
FROM TOP PERFORMERS
THAT DELIVER RESULTS &
MORE DEALS NOW.
DRIVING TRAFFIC
PROSPECTING
MEET & GREET
BUILDING RAPPORT
FACT FINDING/HOT BUTTONS
CREATING URGENCY
DEMO
BUILDING VALUE
SETTING EXPECTATIONS
PROPOSALS
NEGOTIATE & JUSTIFY
BODY LANGUAGE
GET A COMITTMENT
CLOSING THE DEAL
& MORE.
PROSPECTING
All good sales people and closers need one thing in order to be successful: CUSTOMERS! How can we generate traffic so that we can find a customer and make a sale? Show up EARLY
If you handle internet leads for your store you know they pop up all hours of the day and night. Some sales people aren’t as quick on the draw to answer some of these leads from the previous evening/overnight and depending on their situation - they may just show up at your store ready to buy from ANYBODY. Use at your own discretion, if you're having a slow month and are scraping to put deals together, try this method but don't over do it and burn yourself out either. Find a balance that works for you and your store.2. THE SERVICE DRIVE
This one ties in to showing up early as well, but you can use this method as often as you'd like/your store allows. Typically, your service department/drive is already going to be open before the sales floor. Establish a good relationship with your service advisors & parts advisors. They can play a big role in helping your close your next deal and it's important that they like you. You never know when a potential deal could be just a few steps away from you. Some people would rather trade and start over than pay an expensive invoice to repair their vehicle. These are potential buyers and getting in front of them could mean putting a deal together before anyone else in your store can sell them.
3. SOCIAL MEDIA
Some of the best people to sell to are the people you already know. Friends and family members can make great prospects. You already have an established prior relationship and they already trust you. Your friends and family will also be your biggest referral cranking machine as you get yourself established. Set up a social media page dedicated to your sales business. Tell EVERYONE what you're doing, what dealership you're working at, and post often to stay top of mind. We'll be covering more on this topic in a separate post to get the most out of your social media engagement.
4. TALK TO YOUR MANAGER(S)
This is a big one and can make or break you at your current store. Establishing a positive relationship early on with your sales manager. Communicate often and keep things as positive as you can. Ask them if there's any unanswered leads that you can work, any phone calls the receptionist answered that you can call back. Show them you are putting in the effort to put together a deal, they will respect you for it.
BONUS - SUNDAY FUNDAY
Work on Sundays. Just because the dealership is closed, doesn't mean you have to be. Definitely ask your sales managers beforehand if they're in agreement with you working a Sunday. The goal is pretty straight forward and simple: Talk to potential leads, get contact information, hand out some business cards, create follow-up opportunities for the following Monday. You set your own hours and prospect as much or as little as you'd like to. Obviously management won't be present this day, the doors will be locked, and you have no keys to your inventory. You won't feel the pressure to get people through the door, on a test drive, and start desking a deal. This is a great opportunity to practice on customers as well and sharpen your skills. Learn new word tracks, scripts, flex your social skills. Aim to make a friend, not sell a car. Above all else, DO NOT START NEGOTIATING or working numbers on the lot. This will land you in big trouble with your managers if they catch wind of it. Working a Sunday is pretty hardcore, but if you're desperate for deals or brand new at your store and trying to make it - use this to your advantage. 5. WORK THE LOT
The dealership you work at and your sales managers will really set the tone for working the lot. Some sales managers are very lot aggressive and will want you to chase down anything that moves. Other managers are not so eager, and will trust you to use your best discretion. Chasing customers down on the lot can be mentally and physically exhausting but also VERY rewarding. It's also one of the fastest ways to pick up a hot lead and close a deal. After all is said and done, this business is a numbers game. The more people you talk to, the more opportunities you create, and finally the more deal you will close.
NEED MORE PROSPECTING TOOLS?
You’ve found a customer, you’ve done your meet & greet, started building rapport, and now we’re getting into the thick of the sales process- and what is going to make you great at what you do. There are (typically) two types of customers you are going to run into - customers who can buy and customers who cannot buy. Which creates two ways to handle this subject depending on what type of customer you have in front of you, so lets jump in. FACT FINDING & HOT BUTTONS
Don't judge a book by its cover. Never pre-qualify your customer based on looks alone. There are people that will appear as though they can afford to drive any car off the lot that are broke and there will also be other customers that look like they couldn't afford to finance a walk around the block but can write a check for 50 grand. It is your due diligence to find these things out early on so that you can spend your time most efficiently- you are a commissioned sales person and your time is valuable. Let's look a few different customer examples so you know how to handle each one and coordinate your fact finding and hot buttons more effectively. Customer A - This customer can buy. They are already familiar with the vehicle they like, they've done a good amount of research and they can buy right now, today - but they want to make absolutely sure the vehicle has all the equipment before they buy, getting a good deal, and buying from a reputable dealer. Offer to grab the keys and open the vehicle up for them to get a closer look. Get the customer to follow you inside your store. Offer them something to drink - (coffee, water, soft drinks). Be courteous and point out the restroom (no one is enjoying selling or buying anything if they have to piss like a race horse). So, now how do we handle this customer? Before you grab the keys, you can conduct a quick customer interview and use this knowledge to your advantage on your demonstration & test drive.What equipment are must-haves?
What drew them to that particular vehicle?
What are they driving now?
Is there a trade involved?
Have they driven one yet?
What do they plan on using the vehicle for?
Etc.
THEY CAN BUY
Asking questions is a vital point in any sales process - customers might even offer you additional information that you can use to work your deal while you’re asking these questions such as if they plan on financing, if there is a co-buyer, what they plan on using the vehicle for, etc. All of this information can be used later to close the sale. It's also important to write this information down if you can - it shows the customer you care about what they have to say and it also helps you retain this information as a closing tool. Once you've got the answers to these questions, you have enough in your arsenal to conduct a demonstration/test drive and quickly build excitement within the sales process. 
THEy’RE CREDIT CHALLENGED
Customer B - This customer cannot buy. Not every customer is going to be straightforward about their credit worthiness. It is your job to ask questions and get a feel for what you're working with. In fact, some credit challenged customers might even try to lead you on and make you believe they can buy. There are a few ways to detect the flags of a credit challenged customer early on. What are they currently driving?
Where did they buy it?
Are they trading it in?
How much are they paying currently?
How long have they had their current vehicle?
Is there a payoff involved?
Asking these questions can give you the upper hand when it comes with working with credit challenged customers. Some of these types of customers will be stand off-ish and some will just be straight forward and want to fill out a credit app. In any case, if it is becoming increasingly clear to you as a sales person that the customer has credit obstacles to overcome, immediately move to a credit app and a trade appraisal (if applicable). This will help you figure out if they can buy, what car to put them on, and save you a load of time test driving vehicles that are way out of their budget.