Inflatable Gorillas vs. Social Media

The question I hear asked the most by dealers when talking to them about social media is “What’s the ROI? How do I measure that?” The problem with getting a buy-in from them is that they want to see a straight line between a Facebook post or tweet and a sale. Sometimes that’s possible but most of the time, it isn’t.

gorilla

My rebuttal is, “What’s the ROI on the inflatable gorilla on the roof? How do you measure that? Do you have a source in your CRM for “Gorilla” similar to the infamous “Billboard” one you have?”

Inevitably, they can’t answer that question. Funny thing is that even Google got into the “gorilla” game when they posted an ad for PPC advertising stating that Google Adwords would have “tons of customers headed your way” and implying that the gorilla would not (which they were promptly sued for by the makers of inflatable gorillas).

googlegorilla

The most common thought is that the giant inflatable gorilla gets people’s attention (just like the weekend tradition of “ballooning” the cars. Nobody that I ever know of said that they stopped at a dealership and bought a car because they saw a gorilla on the roof. In fact, it’s quite the opposite. I’ve seen many comments by consumers that say inflatable gorillas are insulting to them. Some have even said that they are an indicator of an “old-school” dealership and would avoid these dealers at all cost.

Social media, on the other hand, when done properly, can increase customer loyalty, satisfaction and referrals through engagement with your customers. There are TONS of examples of this result from HUGE companies (Ford, Southwest Airlines, etc.). I’ve NEVER heard a customer say those things about a dealership using social media (with the exception of dealers that spam their customers with inventory).

Let’s assume that you can’t track ROI on social media (which is incorrect) and that you can’t track it on an inflatable gorilla, which end of the spectrum would you rather be on?

There’s only one way I could see an inflatable gorilla actually working and that’s if it can do this:

….jump off the roof and physically drag customers in.

So, if you’re willing to put an inflatable gorilla on your roof, balloon-up your lot every weekend, have a “hot-dog food fest” or any of the other things that surely have people (presumably) slamming on their brakes on the freeway to come to your dealership and buy a car, then why wouldn’t you have a presence on social media whether you can measure it’s ROI or not?

What do you think of giant inflatable gorillas on car dealerships?

Stan Sher, Public Figure, at the Innovative Dealer Summit

I recently attended the Innovative Dealer Summit in Denver, CO. One of the highlights was a session by Stan Sher, President of Dealer eTraining. There were so many sessions at the Innovative Dealer Summit, and I had so many friends speaking, that I ended up jumping from room to room to hear small bits of everyone’s presentations rather than limit myself to only one session per hour block of time. 

Once I hit Stan’s session, however, I was completely riveted and ended up watching the whole thing, unable to leave. Kicking myself for not thinking about it sooner, I whipped out my iPhone and started filming to preserve this moment in all of its glory. My brain hurt at the end from the information that was shared. I hope you get out of it what i did. 
Some of my favorite sound-bites:
I’m a public figure. I let it out there.”

“I personally don’t like to have cable anymore in my house because it’s a rip-off” (There was an attendee in the room from the local cable company. Check out the guy’s reaction at 7:20 in Part 1.. Whoops!)

(in reference to Twitter) “I don’t think anyone’s gotten to it yet…its still one of those things where it’s still like.. is it going to go? Is it not going to go?”

“Parts always seems to be the one department in the dealership that doesn’t seem to get a whole lot done.”

(on branded personal profiles on Facebook) “Do not accept friend requests for anybody.”

(on how Facebook’s news feed is a distraction) “It took me 25 minutes to respond.. to try and actually get my job done. I wasted 25 minutes of work..myself. I’m a pretty serious individual.. I’m very strict about a lot of things and I was still goofing off.”

..and don’t miss the “Angelina’s Crab Cakes” story in Part 4!

Part 1:



Part 2:



Part 3:



Part 4:



Driving Sales Executive Summit Live Twitter Feed


Knowledge is Power!

As Digital Dealer approaches, I’m reminded of how important it is to stay knowledgeable and current on industry trends and best practices.

The speakers at  the conference offer a wealth of information that are invaluable to dealers and present an opportunity to pick the brains of the best and brightest. I know that whenever I attended, I left with ideas and strategies that I could implement immediately upon my return to enhance or improve my online marketing strategies.

We should all strive to learn continuously and better ourselves. If you get so set in your ways that you think you know it all, that’s when you become stagnant. Stay sharp and on top of your game. There’s not a lot of job security in our industry but the more indispensable you make yourself, the more security you will have. Rather than being the hunter in an economy with a 10% unemployment rate, you will be hunted.

Whether you are able to attend conferences or not, use the tools available to you to enhance yourself. If they’re not provided for you, don’t use that as an excuse. Get them yourself.

I had the opportunity to attend a Grant Cardone conference early in my career and made an investment in his training material. Prior to that, I had not been provided with any tools. It was the best decision I ever made and I can tell you that I went from making an average salary to six figures within 2 months.

Recently, I’ve been reading Seth Godin. He offers a lot of great self-motivation and practical advice on how to think about things in a different way.

Be powerful. You are your own best resource.