|To capture the ever-increasing Internet market, it helps to have a thorough understanding of the online car shopping experience. Consumers typically go through five steps before making a final decision about the type of vehicle they want to purchase, including where they plan to purchase it.|
With a good understanding of the Internet shopping experience, dealers can ensure their online presence throughout the process. Reaching out to the car buyer at each stage exponentially increases the chance your dealership’s name will be remembered, and ultimately contacted by the consumer when they are ready to buy.
Step #1: Research
One way for dealers to have visibility during the initial research phase is to advertise on many of the third party Web sites such as GetAuto.com, cars.com, eBay, Overstock.com, Edmunds.com, Autotrader.com, etc. In 2006, consumers were just as likely to visit a third party site or manufacturer Web site as they were to visit a dealership in person.
Additionally, dealers need to have their Web sites optimized. Complement search engine optimization (SEO) with paid listings, or search engine marketing (SEM), to capture their share of automotive shoppers. Dealers should track which engines are driving leads and resulting in the most qualified leads to more effectively optimize their site.
Step #2: Results
Additionally, the more information included in the results, such as detailed photos, accurate listing information and a creative marketing message, will increase chances of vehicles being selected for further consideration and continuing through the consumer purchase process funnel.
Step #3: Evaluation
Since this stage is most critical, it is understandably also the most time consuming. The consumer is further eliminating options and dealers based on what’s most important to them including gas mileage, colors, body styles and specials or rebates dealers are offering. Most importantly, consumers will choose to do business with dealers with whom they’ve had a good previous buying experience. Dealers will continue to be in a consumer’s selection process based on inventory selection, convenience, specials and financing.
During this particular stage, the more information a dealer has online about their inventory, the better. Dealers who list only vehicle basic details and use stock photos will probably not fare as well during the evaluation phase as dealers that list every option, along with multiple photos and perhaps even a video of the car. The addition of evaluation tools on a dealer Web site are also a nice touch, enticing consumers to spend time on the site, increasing the chances of contact.
Also, dealers should keep Web site content updated and list any specials or rebates available for vehicles. Web sites without these updated features may be included on the consumer’s elimination list.
Step #4: Contacting Dealers
Here is where internal process plays an important part of being included in the online car-buying experience. Dealers who respond quickly with the information that a consumer requested, including price, are more likely to receive additional communications than dealers who delay their response or refuse to give out prices or other requested information. The goal is to create interest, provide a good user experience and give them a reason to come to the dealership.
Step #5: Final Decision
KAR Auction Services has consolidated its Recovery Database Network management team following the company’s acquisition of Clearplan.