Dealerships that haven’t invested in building out more accessible and informative websites have already felt the pinch of lower lead generations and few customer conversions, even amongst in-person vehicle shoppers. The better positioned your website is to answer consumers’ questions and deliver the information they need in a media-rich environment, the better you’ve been doing.
This trend is only picking up steam, and dealership investments in online technologies will be increasingly important in the coming years.
In fact, recent research suggests that it isn’t just online that consumers are looking for digital and virtual experiences that enhance the car buying process and reduce the need for what many see as high-pressure sales situations—including test drives.
Some drivers are clearly looking for an online only buying experience—a growing number of consumers never set foot in a dealership until a price has been negotiated and the deal is ready to sign. They’re even eschewing in-person test drives in favor of “virtual test drives” that take place online via interactive videos. For these car buyers, your dealership’s online presence has to be media-rich and completely comprehensive if you are to have any hope of even acquiring them as a lead, let alone closing the sale—your website may literally be your only point of contact prior to the moment you ink the deal.
For other twenty-first century automotive shoppers, though, the online portion of the purchasing process is just the beginning, but it’s a beginning they want to see transition seamlessly to the showroom. Car dealer industry research conducted by consulting firm Frost and Sullivan suggests that consumers are increasingly looking for digital media and virtual test drive capabilities even in dealership showrooms—technologies that leading dealerships in some markets are already investing in.
The researchers predict the by the end of 2016, up to 30% of dealership space will be devoted to technologies meant to enhance the in-person car buying experience, and to better integrate it with online shopping capabilities.
Dealerships that aren’t full onboard with digital outreach and value-adding technologies that make the car buying process more efficient, transparent, and intuitive are going to find themselves with a dwindling customer base made up primarily of the technologically inept—hardly the type of car buyer to be interested in the latest and greatest offerings from today’s automotive manufacturers. Though driving itself still takes place in the real world (even self-driving cars have real wheels on real roads despite the fact that their drivers are digital), the car buying process has largely gone virtual, and successful dealerships will have to keep up.
Virtual test drives via interactive videos are a key component to marketing your dealerships offerings online. We don’t just bring you great information that helps you keep up with your competitors; we offer a great product and outstanding service that can help put you at the top of your region for years to come. Learn more at DealerVideoShowroom.com.