MC on the Mic: Episode 1 - Building a Dealership from Scratch

Jul 12, 2024

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