Page 1
@Automotive_News
for breaking news
/autonews
for photo galleries
Linkedin
for company news
While you wait, visit Automotive News online:
+automotivenews
for daily newscasts
This webinar will begin momentarily.
Win Sales & Loyalty with
Smart Reputation ManagementPresented by
Page 2
WELCOME
Mary Beth Vander Schaaf
Managing Editor
Automotive News
Page 3
NAVIGATION TIPS
To submit a question
Download
slides
Provide
feedback
- For a better webinar experience, we recommend closing email and other open
programs/browsers, as these applications may cause glitches in the steaming audio.
Page 4
Presented by Amy Mueller, CarGurus Director of PR
July 26, 2016
Win Sales and Loyalty With Smart Reputation
Management
Page 5
Agenda
Why Reputation Management Matters
Winning Sales With Reputation Management
Respond to Reviews in Real Time
Market Your Reputation
Building Loyalty With Reputation Management
Drive Reviews at Point of Sale
Connect After the Sale to Grow Engagement
Page 6
For Consumers, Browsing Reviews
Has Become the Norm
Source: BrightLocal
In 2010, of shoppers didn't read
online reviews of local businesses
29%
Today, that figure is just 8%
Page 7
With the Rise of E-Commerce,
Transparency Matters
Cost of Failed Purchase
Need
for
Tra
nsp
are
ncy
Page 8
Reviews Provide the Transparency
Shoppers Want
Page 9
Auto Shoppers Are Especially
Information-Hungry
16.75Number of hours spent
researching vehicles
before making a purchase
Source: Google
Page 10
Reviews Are Important at the Top of
the Sales Funnel
Reviews matter most
at the top of the funnel
(information-gathering
stages)
Page 11
Multiple Channels Feature Reviews
Initial Info-Gathering
Narrowing the Search
Contacting Dealers
ConductingTest Drives
Internet searches
OEM sites
Third-party shopping sites
Third parties
Dealer sites
In-store visits
Page 12
71% of shoppers
always or sometimes look at
a dealer's reviews before
contacting them.
Source: CarGurus survey, April 2015
Page 13
What's In a Positive Review?
Top comments in positive reviews:
1. Helpfulness
2. Professionalism
3. A simple purchasing process
Source: CarGurus data
Page 14
What's In a Negative Review?
Top complaints in negative reviews:
1. Communication breakdowns
2. Bait and switch
3. Vehicle already sold
Source: CarGurus data
Page 15
Agenda
Why Reputation Management Matters
Winning Sales With Reputation Management
Respond to Reviews in Real Time
Market Your Reputation
Building Loyalty With Reputation Management
Drive Reviews at Point of Sale
Connect After the Sale to Grow Engagement
Page 16
Think Like a Shopper: Discover
Reviews With Web Searches
Source: Google
Search engines
are the first
destination for
a majority of
auto shoppers
Page 17
Case Study: A Real CarGurus Review
Page 18
Apologize and Commit to Fixing the
Situation
1. Apology
2. Willingness to match the agreed-upon price
3. Extra step: Offer of a discount
Page 19
Strive for Professionalism
I apologize for the information you
were given. We will gladly honor
the price, with an additional
discount.
Page 20
Close the Loop By Providing Contact
Information
Page 21
Agenda
Why Reputation Management Matters
Winning Sales With Reputation Management
Respond to Reviews in Real Time
Market Your Reputation
Building Loyalty With Reputation Management
Drive Reviews at Point of Sale
Connect After the Sale to Grow Engagement
Page 22
• 43% of consumers will only
do business with 3+ star
companies
• Another 38% of
consumers require
4+ stars
Shoppers Look to Star Count for
Guidance
Source: BrightLocal
Page 23
Emphasize Review Scores in Your
Marketing Efforts
A real CarGurus SEM ad –
the rating appears
automatically
Page 24
Google My Business
• Upload pictures
• Edit contact
information
• Respond to reviews
Leverage Free Google Tools to Better
Manage Your Reputation in Search
Consumer ratings
• Activated automatically
• Estimated 10% higher
click-through rate
10%
Source: Google
Page 25
Third Party Shopping Sites Are a
Popular Source of Reviews
Source: Google
Reviews are the second
most valuable piece of
information on 3rd-party
sites
Page 26
Dealer Sites Are a Valuable Review
Platform for Shoppers
Page 27
Collect Reviews for Use on Your
Website
"Great service"
"Always a great
experience."
"Best GMC
service dept. in
Alabama!"
Page 28
Promote Review Count: More Reviews
Lead to Higher Conversions
Source: Reevoo
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
0 10 20 30 40 50
Number of Reviews
Conversion Rates Increase With Review Count
Page 29
Offer Printed Materials to Remain Top
of Mind With Shoppers
Page 30
Agenda
Why Reputation Management Matters
Winning Sales With Reputation Management
Respond to Reviews in Real Time
Market Your Reputation
Building Loyalty With Reputation Management
Drive Reviews at Point of Sale
Connect After the Sale to Grow Engagement
Page 31
Building a Pipeline Helps Boost Review
Totals
Nice dealership.
Excellent!
Great service!
Friendly salesmen.
Will recommend!
Page 32
Dealerships Are the Most-Reviewed
Local Business Type
1. Auto dealers
2. Bars
3. Restaurants
Source: Whitespark
4. Auto repair
5. Storage
Page 33
Aim for Clear Communications in Every
Shopper Interaction
Page 34
Make Customer Satisfaction Integral to
Every Sale
OR
Aim for
review
scores of
4 or 5
Page 35
Inquire Whether You've Done Enough
to Deserve a Positive Review
• Was this experience everything you were hoping
for?
• Is there anything we could have done better?
• Would you recommend us to friends and
family?
Page 36
Ask for the Review at Point of Sale
If you're satisfied with the service
you received today, can I ask you
to review us online?
Page 37
Agenda
Why Reputation Management Matters
Winning Sales With Reputation Management
Respond to Reviews in Real Time
Market Your Reputation
Building Loyalty With Reputation Management
Drive Reviews at Point of Sale
Connect After the Sale to Grow Engagement
Page 38
Make Review Reminders Part of Your
Follow-Up
Reviews mean a lot to
us. If you're happy with
your shopping
experience, would you
mind writing a review?
Page 39
Automate Email to Engage Customers
Post-Sale
1-2 Weeks
Page 40
A/B Test Review-Request Messages
Page 41
Overview: How
Reputation
Management
Enhances Sales
and Loyalty
1. A large majority of
shoppers read reviews to
make informed decisions
2. Many shoppers demand
high review scores in
order to do business with
a company
3. Taking control of
reputation management
can repair and enhance
your image
4. Bringing in more reviews
compounds the benefits
Page 42
Reputation Management Takeaways
of consumers
rely on the
transparency that
reviews provide
92%
Source: BrightLocal
Page 43
70% OR
Source: CarGurus data
Reputation Management Takeaways
Page 44
Respond professionally
to all reviews,
positive and negative.
When dealing with
negative reviews, do
your best to make
things right.
Reputation Management Takeaways
Response:
We're very sorry to
hear about your
experience with us.
Page 45
Reputation Management Takeaways
Ask shoppers to
review you at point
of sale, and follow
up post-sale to
encourage even
more reviews to
come in.
Please be sure to
leave us a review.
Page 46
THANK YOU
The recorded webinar will be available for 12 months at www.autonews.com/powertraining.
You will receive an e-mail when it is available.
Email additional comments/questions to [email protected] .