Vanguard Dealer Services Blog

5 Surefire Sales Campaign Strategies For Your Dealership to Incorporate

Written by Vanguard Dealer Services | Sep 19, 2023 1:13:00 PM

The U.S. automotive dealership market is expected to clock USD 257.3 billion, registering a CAGR of above 4% over the next five years (2023-2028). So, it's easy to see why many dealerships scramble to get the most out of their sales campaigns.

But are you doing it right? The best sales campaign strategies rely on the principles of marketing, psychology, and consumer behavior. You want to create campaigns that grab your audience's attention, pique their interest, and urge them to take the plunge.

Here are five surefire strategies that you should incorporate into your dealership's sales campaigns:

  1. Create Compelling Offers

Picture this: your customer is looking for a particular vehicle, but they're not ready to commit just yet. Use your dealership's sales campaigns to offer them something they can't refuse. Whether it's an exclusive discount, a free add-on, or an extra service—your customers will appreciate the incentive and may even be willing to pay more.

A few more ways to create compelling offers include:

  • Leveraging seasonal sales and promotions
  • Creating special discounts for loyal customers
  • Offering financing options or free maintenance services
  1. Data Analytics

If you want to gain insights into your customer's behavior and preferences, you must leverage data analytics. Analyzing customer data will give you an idea of who's buying what, when, why, and how much. This will help you create highly targeted campaigns that are relevant to your customers' needs.

Your data analytics should, more so, focus on the following:

  • Demographics: Age, gender, and location can determine which campaigns your audience responds to most.
  • Behavioral analytics: Your customers' online behaviors, like social media interactions, website visits, and search queries, reveal much about their interests and preferences.
  1. Monitor Competitors

You can never be too sure of your competition. Monitoring their activities gives you insights into what's working for them and what might not be working so you can strategize accordingly. Here are a few tips:

  • Keep track of competitors sales campaigns, offers, and pricing strategies to better understand the market landscape. 
  • Keep an eye out for new products or services they may be introducing or discounts they offer—and don't forget to take notes!
  • Monitor online reviews and customer feedback, as this is a great way to understand their customers' experiences.
  1. Content Marketing

Content marketing is one of the most effective strategies for boosting sales. With content, you can build trust with your customers, demonstrate your expertise, and encourage them to act on a sale. Here are some ideas on how to do it:

  • Write blog posts about different vehicles and their features.
  • Create infographics, videos, and other visuals explaining your dealership's benefits.
  • Write customer testimonials to show how satisfied customers are with your services.
  • Leverage social media platforms plus strategies like influencer marketing and paid advertising to spread the word about your dealership.
  1. Budget Management

No matter how effective your strategies are, you won't be able to execute them without setting aside some budget. You want to ensure you invest in the right channels and initiatives while managing your finances properly.

Here are a few tips on budget management:

  • Allocate your marketing budget effectively across various channels and campaigns, focusing on those with the best ROI.
  • Test and learn. A/B test all your content and ads.
  • Track and analyze your spending to understand which channels work best for you.
  • Evaluate the success of each campaign and measure its ROI before allocating more budget towards it.

Conclusion

Creating successful sales campaigns is essential to generate leads, increase conversions, and boost your dealership's profits. By incorporating the strategies mentioned above into your campaigns, you can ensure you're always one step ahead of the competition.

Contact Vanguard Dealer Services today to learn more.