Digital Dealer - January 2019 - 2

Contents

4

Message from the Show Director

SHOW DIRECTOR

BY MATTHEW RAMIREZ

Matthew Ramirez
matthew.ramirez@digitaldealer.com

C O V E R S TORY

EDITORIAL

12 Interview with Performance Lexus

Editor & Content Manager Alissa Calvaruso
alissa.calvaruso@digitaldealer.com

COVER PHOTO BY JEREMY KRAMER

ADVERTISING

MARKETING
& ADVERTISING
D I G I TA L RE ACH & ENGAGEM ENT

6

Facing Sales Slump,
Automotive Brands Can Win
by Adding Real-World Value
in the Digital Shopping Journey
BY BRIAN SOLIS

S O C I A L M E DIA

8

7 Reasons for a 2019 Social
Media Policy Review
BY KATHI KRUSE

C T V / O T T ADV ERT ISING

10 'OVER-THE-TOP' Advertising!
BY JIM BOLDEBOOK

O WN E R S H IP

30 Trade, Tariffs, and Labor
BY CHAMP RAWLS
FI X E D OP E R ATION S

ART

32 Building Your Business by
Building Your People!

Creative Director Linda Fisher

BY CHARLIE POLSTON

Production Manager Vicki Peck

FI X E D OP E R ATION S

34 Great Service Managers
Follow a 4C Approach
BY HERB MAST
FI X E D OP E R ATION S

36 Collision Shop Liability Is a
Serious Issue for All - Read This!
BY ED KOVALCHICK

39 Does Your Store Exemplify
Consistency & Excellence or
Complacency & Mediocrity?
BY CHUCK BARKER

O W N E R S HIP

18 Buy/Sell Trends Expected in 2019
BY RYAN KERRIGAN
L E A D ERS HIP

22 The Two Non-Negotiable Pillars
of Accountability
BY DAVE ANDERSON
H I R I N G/T RAINING

24 7 Questions to Ask When Hiring
a Customer Service Trainer
BY KATIA TIKHONRAVOVA
S P E N D M ANAGEM ENT

26 How to Add $1.0MM to
Your Bottom Line Profits
BY DOUG AUSTIN
F I X E D OP E RAT IONS

28 The Art and Science of Parts
Inventory Reconciliation

SALES &
VARIABLE OPS
FI XE D OP E R ATION S

42 Increasing Service Business
Through Convenience -
A Tactical Approach
BY JAY HARPER

PRODUCTION
MARKETING
Marketing Manager Lindsey C. Kostura
Marketing Coordinator Meagan Rice

CONFERENCE
Operations Manager Chantelle Bean

CIRCULATION SUBSCRIPTION
Rich Jarrett
314-432-7511, gatewayrj@att.net

EMERALD EXPOSITIONS
Interim President and CEO
Philip Evans
Chief Information Officer
Bill Charles
Executive Vice President
Darrell Denny
SVP General Counsel and Secretary
David Gosling
Senior Vice President, Finance
Dave Sunderland
Senior Vice President, Marketing Services
Joanne Wheatley
Vice President, Human Resources
Eileen Deady

FI N A N C E & IN SU R A N C E

44 5 Questions That Are Missing from
Your F&I Customer Interviews
BY MIKE HIRSCHFIELD
D ATA & A N A LYTIC S

46 How to Drive Sales with Predictive
Analytics

Dealer magazine is a trademark owned
exclusively by Emerald Expositions, LLC.
Copyright © 2019. Emerald Expositions, LLC
All rights reserved.

BY JOHANNES GNAUCK

BY SCOTT LEWIS

Dealer magazine makes every attempt to ensure the accuracy of all published works. However it cannot be
held responsible for opinions expressed or facts supplied herein. Nothing may be reproduced in whole or in
part without written permission from the publisher. All rights reserved. The publisher encourages you to submit
suggestions. Submitted materials become the property of Emerald Expositions and will not be returned. Send
material for publication to 2600 N. Military Trail, Suite 390, Boca Raton, FL 33431. The editor reserves the right
to edit material; submission of material constitutes permission to edit and publish that material. This publication is
designed to provide accurate and authoritative information in regard to the subject matter covered. It is presented
with the understanding that the publisher is not engaged in rendering legal, accounting or other professional
service. If legal advice or other expert assistance is required, the services of a competent professional person
should be sought. From a Declaration of Principles jointly adopted by a Committee of the American Bar Association
and a Committee of Publishers.

JANUARY 2019

Advertising Sales
sponsorships@digitaldealer.com

LEA D E R S H IP

DEALER OPS
& MANAGEMENT

2

Sales Executive Kerry Harrington
kerry.harrington@digitaldealer.com

D I G I TA L D E A L E R . C O M

Dealer magazine (ISSN 1537-6141) is published
monthly by Emerald Expositions, LLC. Mailing
address is 100 Broadway, 14th Floor, New York, New
York 10005. Periodicals Postage Paid at New York,
NY and additional mailing offices. POSTMASTER:
Please send address changes to: Dealer Magazine,
P.O. Box 16770, St. Louis, MO 63105. Subscriptions
are $48.00 per year, 12 issues per year, monthly.
Back issues, $10.00 each. Make check payable to
Emerald Expositions, LLC. Send to: P.O. Box 16770
St. Louis, MO 63105. Reprint requests: alissa.
calvaruso@digitaldealer.com.

A publication of
Emerald Expositions


http://www.DIGITALDEALER.COM

Digital Dealer - January 2019

Table of Contents for the Digital Edition of Digital Dealer - January 2019

Digital Dealer - December 2018
Contents
Message from the Show Director
6 Facing Sales Slump, Automotive Brands Can Win by Adding Real-World Value in the Digital Shopping Journey BY Brian Solis
7 Reasons for a 2019 Social Media Policy Review
'OVER-THE-TOP' Advertising! BY Jim Boldebook Dealer Ops
Buy/Sell Trends Expected in 2019
The Two Non-Negotiable Pillars of Accountability
7 Questions to Ask When Hiring a Customer Service Trainer
How to Add $1.0MM to Your Bottom Line Profits
The Art and Science of Parts Inventory Reconciliation
Trade, Tariffs, and Labor
Building Your Business by Building Your People!
Great Service Managers Follow a 4C Approach
Collision Shop Liability Is a Serious Issue for All – Read This!
Does Your Store Exemplify Consistency & Excellence or Complacency & Mediocrity?
Increasing Service Business Through Convenience – A Tactical Approach
5 Questions That Are Missing from Your F&I Customer Interviews
How to Drive Sales with Predictive Analytics BY JOHANNES GNAUCK
Digital Dealer - January 2019 - CT1
Digital Dealer - January 2019 - CT2
Digital Dealer - January 2019 - Digital Dealer - December 2018
Digital Dealer - January 2019 - Cover2
Digital Dealer - January 2019 - 1
Digital Dealer - January 2019 - Contents
Digital Dealer - January 2019 - 3
Digital Dealer - January 2019 - Message from the Show Director
Digital Dealer - January 2019 - 5
Digital Dealer - January 2019 - 6 Facing Sales Slump, Automotive Brands Can Win by Adding Real-World Value in the Digital Shopping Journey BY Brian Solis
Digital Dealer - January 2019 - 7
Digital Dealer - January 2019 - 7 Reasons for a 2019 Social Media Policy Review
Digital Dealer - January 2019 - 9
Digital Dealer - January 2019 - 'OVER-THE-TOP' Advertising! BY Jim Boldebook Dealer Ops
Digital Dealer - January 2019 - 11
Digital Dealer - January 2019 - 12
Digital Dealer - January 2019 - 13
Digital Dealer - January 2019 - 14
Digital Dealer - January 2019 - 15
Digital Dealer - January 2019 - 16
Digital Dealer - January 2019 - 17
Digital Dealer - January 2019 - Buy/Sell Trends Expected in 2019
Digital Dealer - January 2019 - 19
Digital Dealer - January 2019 - 20
Digital Dealer - January 2019 - 21
Digital Dealer - January 2019 - The Two Non-Negotiable Pillars of Accountability
Digital Dealer - January 2019 - 23
Digital Dealer - January 2019 - 7 Questions to Ask When Hiring a Customer Service Trainer
Digital Dealer - January 2019 - 25
Digital Dealer - January 2019 - How to Add $1.0MM to Your Bottom Line Profits
Digital Dealer - January 2019 - 27
Digital Dealer - January 2019 - The Art and Science of Parts Inventory Reconciliation
Digital Dealer - January 2019 - 29
Digital Dealer - January 2019 - Trade, Tariffs, and Labor
Digital Dealer - January 2019 - 31
Digital Dealer - January 2019 - Building Your Business by Building Your People!
Digital Dealer - January 2019 - 33
Digital Dealer - January 2019 - Great Service Managers Follow a 4C Approach
Digital Dealer - January 2019 - 35
Digital Dealer - January 2019 - Collision Shop Liability Is a Serious Issue for All – Read This!
Digital Dealer - January 2019 - 37
Digital Dealer - January 2019 - 38
Digital Dealer - January 2019 - Does Your Store Exemplify Consistency & Excellence or Complacency & Mediocrity?
Digital Dealer - January 2019 - 40
Digital Dealer - January 2019 - 41
Digital Dealer - January 2019 - Increasing Service Business Through Convenience – A Tactical Approach
Digital Dealer - January 2019 - 43
Digital Dealer - January 2019 - 5 Questions That Are Missing from Your F&I Customer Interviews
Digital Dealer - January 2019 - 45
Digital Dealer - January 2019 - How to Drive Sales with Predictive Analytics BY JOHANNES GNAUCK
Digital Dealer - January 2019 - 47
Digital Dealer - January 2019 - 48
Digital Dealer - January 2019 - Cover3
Digital Dealer - January 2019 - Cover4
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