The moment a dealership realizes that its legacy DMS can’t keep up with business growth, everything changes. Suddenly, there’s a crossroads between hanging on to the familiarity of the past and embracing the promise…
Why Dealers Get Stuck Using Outdated Technology
The auto retail industry is made up of thousands of forward-thinking business people who have found success by adapting to changing environments. These industry leaders have endured downturns, adapted to imposing regulations, and evolved…
A Dealership’s Digital Ecosystem: Insight into Technology of the Modern Franchise Dealer
Did you know that the average car dealer needs 7 different technology solutions to run their dealership? The once simple and straightforward business of selling cars has transformed into a complex ecosystem of interconnected…
Fight Back Against Margin Compression
Margin compression is taking a toll on the auto retail industry. Dealerships across the country are reporting slimming margins, with some even experiencing negative overall gross profits. And the problem isn’t going away anytime…
Communicating Helps Soften Change
Successfully integrating new technology at a dealership is a daunting task. It’s more than just adopting new software. It involves operational changes, contemplation of compatibility issues, and buy-in from the entire dealership team. Although…
The Future: Open, Integrated Systems
The Internet of Things is here. Consumers are starting to expect that their refrigerator can talk to the stove and their GPS knows where to take them based on calendar appointments. These innovations require…
Invest in New Technology with a Purpose
Today’s consumers are always on the lookout for the latest and greatest. When something feels old or outdated, it’s quickly replaced with something else that’s new and exciting. This is especially true with technology.…
A Dealer-Focused DMS
Original article written by Paul Whitworth, Senior Vice President of Dealer Management Systems at Dealertrack What does it mean to be a dealer-focused DMS? Two years ago, Dealertrack DMS reframed its strategy to focus on…
Why Dealers Fear Changing DMS Providers
It’s easy to get stuck in a rut. You start doing something one way and before you know it you’re set in your ways and there’s no turning back. It’s a predictable pattern, and one that has more to do with a fear of change than anything else. Sure, it’s easy to shrug off this type of stubborn behavior in opinions and politics, but when it comes to your business, fear of change can have disastrous consequences.
A DMS Switch Isn’t as Scary as You Think
When we’re presented an opportunity to make a big change in our business, we often shy away because of the fear of change. Truth is, successful dealership embrace change. And, it’s not as scary as you think it is.
DMS Edge Dealer Panel: Leveraging Technology to Gain the Competitive Edge
At this year’s DMS Edge event we learned how some dealers are leveraging technology to gain a competitive edge. Here are their insights.
Using Technology to Increase Your Bottom Line
Technology is everywhere. You customers and employees have come to expect it, and your smartest competitors are using it to make money. By spending a little time and money upfront, technology can streamline operations, improve efficiency, and better your bottom line down the road.
