Yago Paramo

Automotive Entrepreneur

Category: sem

Why Half of Your Used Cars Won’t Sell

Digital marketing is continuing to grow in all industries and now accounts for 1.5 out of every 4 dollars spent in the auto industry. That being said, we also know that 90% of all customers that enter dealerships have done some sort of browsing on the Internet before purchasing a car. Google is predicting that digital advertising in the auto industry will quadruple over the next few years. Looking at the numbers, 50% of all visitors that come to ANY car dealer’s website from any source, click on the “Search Used Cars” button.  This is great information to know, but doesn’t necessarily tell the complete story when it comes to helping customers find the right car they are searching for. The story and question I would like to discuss is this; what is your “used car digital strategy” to get customers’ eyeballs on all of the different brands of inventory you carry? For example, when I look at most Chevrolet dealers’ inventories, I see that at least 40 to 60 % of the used cars on the ground are not … Continue reading