The Dealer 5 | November 6, 2015
Dealer news and information from WardsAuto and around the web.
Welcome to The WardsAuto Dealer 5 - we've put together important items from WardsAuto.com and across the Internet. So let's go:
1. | Dealerships face multitasking customers with short attention spans and a need for instant gratification. Welcome to the new world of car sales. |
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2. | Mazda is No.1 for four weeks in a row now. Not in car sales, but in the most-engaging ad category. Here's how it measures up. |
ADVERTISEMENT When it comes to paid search, perhaps there is no more critical metric than impression share, a term which should be committed to memory and is conveyed as a percentage figure. Do you understand your impression share? Read our blog post to learn more. | |
3. | Electric vehicles draw lots of attention. But they make up only 0.37% of the U.S. market, according to WardsAuto. Now, a study says what's missing are amped-up ads from automakers and dealers. |
4. | Women buy lots of cars and influence most vehicle-purchase decisions. Yet some dealerships still ask the “how’s-he-like-his-car?” question. Here’s one bridled reaction to it. |
5. | Outstanding auto loan balances are nearing $1 trillion. They reached their highest level in the third quarter, growing by more than 53% since 2010’s credit freeze out. Here’s Experian’s latest market report. |
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