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Pre-Facts – Research – DataMotive – Maximising Sales Opportunities

Research

Pre-Facts

Pre-Facts

  • Prefacts can deliver information relating to vehicles within a competitive set – whether it be model, segment or price range and can provide an indication of the potential market size
  • Daily enquiry rates assist in the prediction of new car sales for the month
  • Measures the effectiveness of your marketing campaigns at a local, state or national level

The value of Pre-Facts

Prefacts enables your business to be proactive rather than reactive to market changes in the following ways:

  • Indicates potential sales results based on current activity in the online retail space
  • Assess the success of your brand against your competition on a daily, weekly or monthly basis
  • Manage your risk by identifying shifts in the market early
  • Respond quickly to changes in consumer demand

Manage your marketing campaigns more effectively to ensure a true return on investment:

  • Monitor changes in search, views and enquiries (to model level) during marketing campaigns
  • Adjust your marketing mix based on data relating to daily,weekly, or monthly shifts in traffic
  • Measure the impact of Dealer incentives on traffic
  • Know your real competition by identifying which cars consumers are comparing your models with
  • Gain insight into what types of cars are becoming more sought after and why

Efficiently manage inventory based on consumer demand:

  • Determine what used vehicles are being enquired upon within your PMA
  • Match inventory to demand, reducing stock, increasing turnover and profitability
  • Price vehicles based on current market conditions – i.e. is it competitive against the pricing asked by private sellers, and/or pricing recommended by Red Book?

  • Used Cars Market Report
  • Used Cars Market Report

How can you use DataMotive Research reports?

In Market Research

  • Support all internal divisions with real time data
  • Recruit targeted sample for surveys, focus groups, etc
  • Establish KPI’s for internal and external operations

In Dealer Development

  • Establish PMAs based on consumer movements
  • Map Dealer performance

In Online Marketing

  • Target consumers based on visitation habits
  • Understand relationship between used and new consumers

In Vehicle Ordering

  • Forecast short term demand trends based on Search and View activity – allow for cutbacks and top ups in monthly order cycle.

In Product Marketing

  • Understand the impact of targeted marketing from National to Dealer level – track impact on online activity to varying campaigns.

In Future Product and Strategy Development

  • Recruit customers for design focus groups based on their consideration patterns

In Sales and Dealer Performance Management

  • Set Dealer KPIs using lead follow up analysis
  • Establish best practice Dealer online measures

In Used Cars or Remarketing

  • Analyse relationship between used and new car consumers – what cross shopping exists and who is best placed to “walk consumers up to their brand”
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