The chronicles of a galaxy far, far away are filled with nuggets of implementation worthy wisdom. There are plenty of reasons why most of you like Star Wars. Laser guns, spaceships, secret organizations, alien races, cosmic battles make it so captivating. But Star Wars brings so much more to the table. The many plots and the unforgettable characters in the saga continue to teach lessons worth applying. Be it Luke, a farm boy who rose to become one of
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Get ready to discover practical techniques and tips to close more sales faster.You may or may not have heard about the paradox of choice, but, as a salesperson, you experience it every day. Barry Schwartz, a psychologist, argues that when somebody is presented with a plethora of choices, it leads to two main issues:Analysis paralysis:
A consultative approach transformed the efficiency of a multi rooftop dealership's F&I department and raised the profits in the long run by over 300%. Explore how PRO Consulting Team leveraged its expertise to cultivate a competitive work environment by assessing people and processes. Overview:A multi rooftop franchise dealership in the Pacific Northwest aspired to
A comprehensive training program increased customer satisfaction and finance profitability by about 20% Explore how PRO Consulting Team leveraged its expertise to help a dealership achieve growth by raising employee's efficiency Overview: A dealership hired a new employee with proven track record for their F&I department. With his own way of processing
A custom reinsurance model increased profit in new ways and enabled a dealership to expand to multiple locations. Explore how PRO Consulting Team leveraged its expertise to help a dealership create additional revenue opportunities. Overview: A multi-franchise dealership had a very basic reinsurance position and could only reinsure one product--service contracts. It
Transformed a stand-alone import dealership by identifying new profit opportunities and customizing product mix Explore how PRO Consulting Team leveraged its expertise to help a dealership grow F&I profits by 9% per car and over 90% increase in service retention. Overview: A stand-alone import dealership needed a better strategy to increase F&I
Finance and Insurance (F&I) managers work directly with consumers, so their role is vitally important when it comes to understanding consumers' needs, encouraging them to buy valuable products, and at the same time maximizing the dealership's profit. Mistakes in the F&I department can cost you more than a sale. It could potentially impact customer satisfaction,
The automotive industry is changing fast for many dealers and their bottom lines. Two factors are limiting dealership profits. First, as the dealerships face competition, which can squeeze profit margins per vehicle retailed. Secondly, transformation in the customers’ driving habits and behavior is influencing the purchasing decision now more than ever. The dealerships could
Maximize your Dealership’s Profitability: Three essential strategies to increase profit most dealerships overlook.admin2021-02-23T19:03:27+00:00
The auto industry is expected to witness double-digit growth in 2021, as per the Economist Intelligence Unit report. However, it will not be enough to make up for the plunge caused by the pandemic. A recovery in 2021 will not be straightforward. Therefore, auto dealerships will be forced to review their operations and processes