Fixed Performance Inc Newsletter
Gaining Market Share for Service December 2005

in this issue

What Makes Your Dealership The Place For Service?

Focus On What Makes You Differant

Using Bidding To Reduce Costs From Vendors

Average Technician Wage


 

What Makes Your Dealership The Place For Service?

Today’s dealerships have many advantages over general repair shops that we need to shout to our customers. These advantages include Technician training, Special tools to perform repairs, and parts inventory support from the factory. To gain markets share in service it demands including this information with the sales staff in presentations to customers. Retaining the customer beyond warranty has been a traditional concern that needs addressed to improve market share. If you ask your staff why we can not retain customers well beyond warranty likely the first comment will relate to cost. This is not the issue or we would only be able to eat at fast food places with extra value meals. Our ideal customer needs a target so who would this be to your dealership? My view would be the owner of a car that understands the value of proper maintenance and safety. A customer willing to perform needed maintenance when recommended must be the goal to retain at our dealership. I have seen dealer’s waist thousands of dollars promoting low cost oil changes with destructive effective labor rates to never gain market share or gross profit. Our mission is to develop programs that educate our customers when visiting for warranty services and provide outstanding service to keep them completely satisfied. We must have proper staffing that is well trained and develop relationships of trust. Dealerships should invest in training advisors and managers to polish the professional image of the dealership. We must understand the need and value of customer retention beyond warranty to improve fixed operation results.

Find out more....


Greetings!

This month let’s look at ways to improve your market share and profits. I have heard it said people do not pay for average so let’s begin by placing the bar well above that.


  • Focus On What Makes You Differant
  • If you look at restaurants or other businesses that are successful a common thread will always be what makes them different. It might be famous photos on the wall, or special treatment on birthdays. I challenge you to think on ways to make your service department unique. Recently an account of mine ran a promotion of a free facial massage with any service during your wait. Get creative instead of giving discounts and watch your customers respond. Don’t forget to interview them for suggestions on ways to improve your operations and listen for ways to make your shop different.

    Read on...
  • Using Bidding To Reduce Costs From Vendors
  • With the New Year approaching is a great cost cutting tool to ask for quotes from vendors for your account in the New Year. The effort will reward your company in additional savings you have never asked for. Let them know you will be quoting several companies providing their services or products to insure the best deal.

    Read on...
  • Average Technician Wage
  • Know your average Technician wage and use it as a guide for future growth. If your Technicians are all high skilled it will keep this number very high and reduce gross profits. A good shop understands the Technician shortage and is developing lower skilled Technicians for future growth. Have your lower skilled staff perform maintenance and develop them with training building for future needs. A good average Technician wage should keep gross profit as a percentage of sales well above 70.

    Read on...
  • Pre Sell Maintenance Software
  • See why it pays to pre sell maintenance to your customers and improve customer retention! Call Jay for More Information at 419-651-6934
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    Learn More

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