For decades, our car-buying decisions have been based primarily on what our friends tell us, what we read in consumer reports, and the advertising in radio and in television. But the buying world is changing across the board, virtualizing and socializing, and progressive dealerships are getting in to the action. A new survey by The Kelsey Group suggests a warm welcome by car dealers when it comes to todayâ€™s Web 2.0 marketing.
According to the survey, 62 percent of those dealers who responded planned to increase their online media spending this year, and 33 percent said they would be using social media, up from 15 percent. At the same time, only 8 percent of respondents said they would be cutting their online spending, as compared to 46 percent who will be cutting their spending in more traditional media outlets.
“These findings point to a significant disruption in the auto dealer advertising space,” says Neal Polachek, chief executive officer of The Kelsey Group. This isnâ€™t your grandfatherâ€™s marketing campaign.
Whenever technology changes — whether itâ€™s the newest gadget or the newest form of marketing –there is always a group of individuals and businesses who are quick to get involved. These early adopters who are more willing to try new things before the rest of the industry does have a chance at new and exciting success. The last few years have been groundbreaking in online technology and social media marketing, and other dealers are catching on after seeing the unprecedented success of their peers who have been quick to adopt the new technology.
There is a growing awareness among automobile dealers that online brand marketing is a vital piece of the marketing puzzle. This includes forms of Organic Search Marketing, Blog Marketing, and online Social Network Marketing. Buyers have not only turned to the Internet with shocking speed and in amazing numbers, but also they are demanding more from their suppliers, and automobile retailers are no exception. The smart dealers are getting on board, capitalizing on this new breed of web savvy customers.
Thereâ€™s no doubt about it — the world has changed beyond recognition, and it continues to change every day. Dealers across the country and the globe have come to realize that online brand marketing and social media are powerful and cost-effective means for making customers more aware of what they have to offer. Itâ€™s an exciting time to be a car dealership, and the future is looking brighter and brighter every day.