Dealer Groups oftentimes have a number of requirements that once
fulfilled by Vital Software, will streamline the number of vendors
(and therefore costs) within their business.
These requirements are typically in the areas of:
- Head-office CRM
- Data cleansing, validation and supplementation
- Lead Distribution and Management
- Data Aggregation and Consolidation
- Fixed Operations Reporting
- Dealership CRM
Head Office CRM
Vital Software's solutions for the Dealer Group include a fully
featured CRM tool which can be deployed within a Dealer Groups'
head office environment and allows for the management of, among
other things, consistent communications to all customers of the
dealer group, regardless of the dealership they purchased from. The
CRM tools include bulk, tracked email with full bounce-back and
click-through reporting, bulk direct mail facilities, SMS and/or
text messaging, and a free-form report writer tool that allows the
head office to segment and analyse their prospect and customer data
on demand. Best of all, the dealer group can encourage brand
consistency by standardizing look and feel, and campaign schedules
for all customers of the dealer group.
Vital Software's CRM solution always begins by integrating data
from disparate sources throughout the dealer group
environment. These primary resource in this regard is the
Dealer Management System data, but can also include existing
marketing databases, 3rd party CRM tools, spreadsheet data, and
more.
Vital Software's solutions typically require a once off "load" of
data from those databases that the dealer group wishes to retire,
and then a periodic (often daily) batch update of data from those
sources which continue to be active within the dealer group head
office. This synching ensures a seamless and continuous
update of all databases within the environment.
Once these steps are achieved, the Vital Software database becomes
the one repository for all things "customer". A typical head
office database solution from Vital Software will allow Dealer
Group head office associates to view each customer, their vehicle
and service history (and the selling/servicing dealer detail), any
contact with the Business Development Center within the individual
dealerships and/or at head office, as well as each marketing
contact made on behalf of the dealer group and/or dealer to each
customer.
Data Cleansing, Validation and Supplementation
A robust CRM database requires that the data is periodically
cleansed, validated and potentially supplemented from various
sources. Data cleansing, involving address validation and
death register suppression, typically occurs prior to the initial
data load, and on a periodic basis thereafter. Monthly or quarterly
cleansing cycles are recommended, or at least prior to a
campaign.
Duplicate detection is performed by Vital Software's data
integration tools at the time of adding new customer and vehicle
records. All of Vital Software's data cleansing tools, particularly
those pertaining to address information, conform to the postal
service standards within that country. E.g. within the United
States, the USPS standards are upheld, and that the data is updated
from the National Change of Address register.
Fixed Operations Reporting
The fixed operations division within a Dealer Group is usually
the most profitable and plays a major role in retaining customers
over time in the hopes that they repurchase with the original
selling dealership, or at least within the dealer group
itself.
Vital Software's Fixed Operations Reporting tool allows dealers
within a Dealer Group network to have access to Service and Parts
Performance Reports which are standardized for each dealer,
independent of the DMS utilized.
For those Dealer Groups whereby a common DMS is utilized, the
tools assist in standardizing the reporting for the entire dealer
group and avoid having to run multiple reports from the DMS to have
all of the information at hand. Importantly, the reports allow the
Dealer Group head office to benchmark and create KPIs across the
entire dealer network.
The metrics available in the Fixed Operations reports include,
but are not limited to:
- Service Performance Report
- Parts Performance Report
- Service Customer Retention Report
- Service Customer Retention Trend Report
Service Performance Report
The Service Performance Report allows dealers to view key
metrics from the service department(s) at the dealership. These
metrics include:
- Total service sales, costs and GP
- Total labour sales, costs and GP
- Total parts sales through the workshop, costs and GP
- Total sublet sales, costs and GP
- Sales mix - proportion of sales by retail, internal and
warranty
- Labour mix - proportion of labour sales by retail, internal and
warranty
- Parts mix - proportion of parts sales through the workshop by
retail, internal and warranty
- Number of service invoices - by retail, internal and
warranty
- In- and ex-PMA service sales, costs and GP (for retail
sales)
- Average retail service invoice value
- Average parts sold per retail service invoice
- Average labour sold per retail service invoice
- Parts to labour ratio for retail service invoices
- Scheduled services as a proportion of total retail services
(where possible to evaluate)
- Sublet as a proportion of total labour sales
Parts Performance Report
The Parts Performance Report allows dealers to view key metrics
from their parts department(s) at the dealership. These metrics
include:
- Retail parts sales, cost, GP and mix proportion
- Trade parts sales, cost, GP and mix proportion
- Internal parts sales, cost, GP and mix proportion
- Workshop parts sales, cost, GP and mix proportion
- Parts sales to other dealers, cost, GP and mix proportion
- Monthly sales and GP per employee
- Total parts sales, cost and GP
- Dealer parts inventory
- Inventory days supply
Service Retention Reporting
Dealer Groups are also able to deliver reports to their dealer
network which assists them in identifying their service retention.
This includes the current 13-month retention figure and a trend of
this figure over time. It is possible to filter the retention
reporting by make, by age of vehicle (within age bands) and by date
range.
It is possible to view the retention graph by:
- Proportion of customers retained (those customers that had
their vehicles serviced 13 months ago that have returned
since)
- Proportion of customers lost (those customers that had their
vehicles serviced 13 months ago that have NOT returned since)
- Total service invoice value retained (the dollar value of
retained customers)
- Total service invoice value lost (the dollar value of lost
customers)
- Total labour value retained (the dollar value of the labour
component of retained customers)
- Total labour value lost (the dollar value of the labour
component of lost customers)
For both retained and lost customers it is possible to produce a
list of those customers. This is particularly important for the
lost customers as they are candidates for marketing activities -
either letter, email or phone contact.
Service Penetration Reporting
Dealer Groups also like to provide dealers with the ability for
dealers to report on their service penetration. Service penetration
is the proportion of vehicles serviced by a dealer from the total
registered vehicles in that dealer's Prime Marketing Area (PMA).
This information should be displayed graphically, showing the trend
in service penetration over time.
In addition, the following service penetration metrics can be
displayed:
- Proportion of vehicles serviced from vehicles registered in
PMA
- Service revenue ($) per vehicle from vehicles registered in
PMA
- Aggregate Fixed Operations Reporting
- In conjunction with the reports that are deployed at the
dealership, each OEM will most certainly require aggregate versions
of the Service Performance Report, the Parts Performance Report and
the Service Retention Reports.
- Aggregate versions of these reports allow corporate users to
display performance reports and retention reports across the entire
dealer network, or various segments of the dealer network.
- Most Dealer Groups categorise their dealers by size and by
geographic area. As a result, Vital Software's reporting can be
segmented in various ways. Examples included, but are not
limited to:
-
- By region - this may be by State or by general area "Southern
Region", for example
- By dealer size - typically an identifier representing the
relative size of the dealer - this allows dealers of comparative
size to be compared
- By zone - metro, provincial, rural
Dealership CRM
Vital Software's fully data-integrated dealership CRM that works
(by extracting data on a nightly basis) with the dealers' DMS
systems and can also work with the Dealer Groups' lead distribution
programs. As a result, the Vital Software solution provides
the dealers customers, vehicle sales, service and parts information
- all of which are available for marketing and reporting.
Key elements of Dealership CRM include:
- Customer record management
- Customer lists
- Customer selections (Quick Picks)
- Marketing operations:
-
- Mail-merge
- Bulk email marketing
- SMS (text) marketing
- Reporting, including:
-
- Email tracking reports
- Data quality analysis and reporting
Further details with regards to dealership CRM can be found
within the Dealership section of our website, or click here.
Business Development Center
In a typical dealership environment there are multiple touch
points that need to be achieved during the Prospect and Customer
lifecycle to ensure the highest service levels are delivered.
These touch points can include follow-up phone calls, texts, and
marketing communications such as "thank you for your pricing
request" at the prospect phase, "thank you for purchasing"
and "welcome to our service center" at the point of sale, and
"happy
anniversary" in the post-purchase/retention phase. Multiply
the number of communications by the number of dealerships within a
dealer group and you get a substantial amount of
activity to manage!
Given this fact, many dealer groups consolidate their efforts by
creating Business Development Centers (BDC) which manage these
processes centrally. However, more often than not, there are
multiple systems in use within the BDC - the DMS application, CRM
tools, Lead Management Systems, OEM systems, and even "home grown"
solutions created by the Dealer Group. The more databases
that exist, the more fragmented and fractured the process can
become. Vital Software deliver solutions for Business
Development Centers that include:
Customer Survey Index Module
Designed to seamlessly improve Customer Satisfaction Index (CSI)
results. The Dealer Standards module allows for easy customer
follow-up and continuous improvement.
Configurable so that the BDC is able to schedule customer
contact points based on their own business processes, as well as
measure customer satisfaction against CSI scorecards. Trend Reports
allow the BDC to view data-driven graphical reports with drill-down
functionality into individual customer problems.
Finally, our Process Improvement Worksheet allows the BDC to
report on trends affecting CSI and follow a 4-step process
improvement plan from root cause analysis through to success
measurement.
Additionally, the BDC can utilize Vital Software's extensive
Marketing suite which provides is the ideal solution to Plan,
Deliver and Report on marketing efforts across the dealer
group.
Features include:
- Campaigns
Create, manage and analyse results from campaigns.
- Target Marketing
Select customers according to specific demographics using
our intuitive "Quick Pick" data filtering wizard.
- Wizards
Launch mail, email and SMS wizards at the click of a
button to send personalised communications.
- Recurring Letters
Save time with setting up repetitive letters. Print on
schedule with ease!
- Privacy and Security
Conforms to government regulatory requirements providing
privacy flags for all communication methods.
- Familiar interface
ContactTracker utilises the Microsoft suite of products
including:Outlook for calendars and eMail; Word for letters and
Excel for
reports.