Star Wars Lessons Worth Applying to Your Finance & Insurance Department
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
How many times have you said to yourself, I want to close the deal faster?
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
It is not just money: Why F&I training is essential for the growth of your auto dealership.
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
Is your F&I department helping or hurting your dealership?
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
Maximize your Dealership’s Profitability: Three essential strategies to increase profit most dealerships overlook.
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