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Used Car Dealers: How Much are you Leaving on the Table?
2013-04-23 18:07:28| AutomotiveDigest.com - Automotive Industry News
In todays highly competitive used car market it is still possible to achieve both a good gross and a good turn. Used car dealers who only focus on one or the other are leaving a lot of potential money on the table. Retail Performance Management incorporates the practices of the Best of the Best in automotive to maximize BOTH gross and turn. The top retailers in automotive focus on 4 key areas to maximize gross and turn every month. Visibility: This means having the ability to quickly go from a 30,000 foot view to a very granular level in the blink of an eye. Whether benchmarking and manging performance at the group level or managing at a single store it is essential to have deep visibility into areas like Appraisal Closing and missed trade opportunities, Inventory Aging, Value Pricing, Stocking and Online Performance. Keep reading!The Article Used Car Dealers: How Much are you Leaving on the Table? appeared first on Automotive Digest.
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Category:Automotive