Lotlinx insights: 2024 Auto Retail Inventory Pulse Our 2024 Spring Inventory Strategies Guide dives into the market factors that may create risk for your dealership this year and the strategies you can use to combat it. Use your guide to unpack: Download your free guide now to start defending against inventory risk: Download Industry roundup: FROM CBT…
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For years, dealerships have walked on a tightrope of car inventory challenges, stocking up on the right VINs without risking overspending on inventory that could sit unused for extended periods. The unpredictable nature of sales and the unique customers that arrive at any given moment looking for a specific vehicle model make inventory management complex….
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Digital disruption is hitting the world at an ever-evolving pace, and this could be said for any industry, including automotive companies and the largest original equipment manufacturers (OEMs). To adapt, car dealers must digitalize sales with virtual selling — transforming traditional selling methods into an innovative, tech-savvy marketplace. The art of virtual sales in the…
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Lotlinx insights: 2024 Auto Retail Inventory Pulse This March, Lotlinx presented more than 2,500 auto professionals with a survey to see how they tackle inventory management. The results confirmed that many dealers are still behind the curve when it comes to inventory technology adoption. For example:– A third (31%) of dealers still rely on gut…
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Accurately managing your inventory is a primary focus for car dealers. It presents unique challenges due to the sheer volume of vehicle makes and models and all their options. To expertly navigate these issues, inventory management tools play a crucial role. They help dealerships with the competitive landscape and boosting profitability while reducing cost and…
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Lotlinx insights: Experience the Lotlinx Effect at NADA Join us at NADA 2024 in Las Vegas to discover how our data-enriched, AI-powered inventory management can elevate your dealership. Engage with live demonstrations and gain valuable insights through expert sessions. Don’t miss out – get ready for your most memorable NADA yet! Learn more. Industry roundup:…
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Lotlinx insights: Get ready to experience the Lotlinx Effect As the highly anticipated NADA Show 2024 draws near, Lotlinx stands ready to elevate your dealership to the next level. Immerse yourself in innovation as we demonstrate our advanced AI-powered technology to move cars faster, increase daily shopper actions, and move sell rate to extraordinary levels….
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Lotlinx insights: McCarthy Auto Group boosts conversions 140% in one month with Lotlinx Matt Hunnicutt, Advertising Director at McCarthy Auto Group, uses the Lotlinx platform to manage inventory marketing across all twelve rooftops in Kansas City. Lotlinx AI and machine learning technology has decreased the marketing cost per unit, decreased the average days on lot…
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Advertising Director Matt Hunnicutt uses the Lotlinx precision retailing platform to manage inventory marketing for the McCarthy Auto Group’s twelve rooftops in Kansas City. Lotlinx AI and machine learning technology has decreased the marketing cost per unit, decreased the average days on lot per unit, and increased the number of low-funnel conversions on McCarthy’s vehicle…
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Lotlinx insights: “I can’t think of a month – or a year – when my ROI with Lotlinx wasn’t excellent.” Erik Butler, General Manager at Kia of Everett, attests to the success of their partnership with Lotlinx, utilizing the precision retailing platform for over 5 years across two Harnish Auto Family stores. With a 30%…
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