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MC on the Mic: Episode 1 - Building a Dealership from Scratch
Jul 12, 2024
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MC on the Mic: Episode 1 - Building a Dealership from Scratch
Introduction
Host: MC
Episode focus: Building a dealership from the ground up
Sponsor: autoi
Helps dealers sell smarter online and in showrooms
Benefits: Faster sales, higher satisfaction, more profit
Regular Solo Episodes
New initiative: Monthly solo episodes
Sharing insights and experiences relevant to the auto industry
Project Overview
Building a new dealership from scratch
Unique opportunity to challenge industry norms
Focus on exceptional guest experience and innovative practices
Key Collaborators
Glenn Lundy
Previous GM of the highest volume Chevy store in America
Founded the 800% Elite Automotive Club
Expertise in growing dealership operations by 800%
Concept: Dealership as a leadership training facility that sells cars
Unique Dealership Features
Training Facility
Focus on leadership and operations training
Open-book approach: Sharing all experiences, challenges, and successes
Guest Experience
No 'customers'; only 'guests' and 'community members'
Emphasis on hospitality over traditional retail
Innovative Practices
Employees to have 7 weeks off per year
Flexible work hours with focus on company’s best interest
BDC as guest experience coordinators, not call center agents
Marketing Strategies
Build relationships of trust in the community (BRT approach)
Marketing Campaigns
Podcast Studio
Located in the middle of the showroom
Tool for fostering community relationships
Featuring local business owners and everyday people
Podcast as a business tool, not a fame tool
Community Engagement
Example: Hosting events linked with local attractions like haunted houses
Use of social media and physical presence to build brand awareness
Vehicle Sales Strategy
Focus on popular colors: black, white, and silver
Target demographic: Everyday cars for everyday people
Vehicle Criteria:
Mileage under 80,000 miles
Price range: $15,000 - $35,000
Lifetime powertrain warranty
Marketing and Guest Experience
Focus on incredible guest experience
Align in-store experience with online marketing
Partners:
Flex Dealer
: For website and digital marketing
autoi
: For online car buying experience and dealership tools
Ambassadorship
Importance of being proud ambassadors for the brand
Team commitment and representation of the dealership everywhere
Conclusion
Excitement about the journey of building a dealership
Encouragement to follow the journey on new YouTube channel: 800% Elite Auto Sales
Invitation for listeners to stay tuned for more insights in future episodes
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Full transcript