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Wednesday, November 14 • 10:15am - 10:45am
Let’s Talk About Taking Back Your Gross Profit

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Too often, dealers rely on price drops as their primary method of generating shopper interest and sales. But just like the proverbial tree falling in the woods, if no customers are seeing the vehicle in the first place, a change in price is unlikely to make an impact. This session will explain why harvesting, tracking and analyzing data from a dealer’s website leads to better vehicle visibility, sales rates and retention of gross margin. Attendees will learn how to leverage their existing data — and marketing budget — to reduce or even eliminate the need to lower pre-owned vehicle pricing.

Takeaways: 
  • Why proper merchandising is the most powerful tool to tackle used inventory challenges
  • How to find and use existing dealership data to implement strategies that increase efficiency, sales and gross profit per unit — all without touching the listing price

Speakers
avatar for Jason Knight

Jason Knight

Co-Founder and Vice Chairman, LotLinx
Jason Knight is a Co-Founder and the Vice Chairman of LotLinx. A Detroit native, Jason’s first job in automotive was safety restraint design and testing, using crash-test dummies. He brings decades of executive management experience in automotive, digital, CPG, manufacturing and... Read More →


Wednesday November 14, 2018 10:15am - 10:45am
Rainmakers C

Attendees (13)