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Hope For Volkswagen Dealers Tynan’s Volkswagen Rockets Online Vehicle Sales in Very Tough Market with Online Deal Creator, VirtualDeal DealerSuccess | 3505 NE Royal Oaks Drive | Vancouver, WA 98662 | (855) 568-4140 | dealersuccess.net 1 Overview: Volkswagen has a massive sales problem in the US. September was a blockbuster sales month for the industry — except at Volkswagen, where an emissions scandal forced the company to halt sales of most of its diesel-powered vehicles. However, one VW dealer has conquered this sales problem. The solution? . . . VirtualDeal, an Online Deal Creator for the consumer that uses an innovative perfect payment DMSintegrated technology. It provides the easiest way ever to buy a vehicle, ever, by placing the customer in the driver’s seat. Since installing VirtualDeal, Tynan’s Volkswagen has enjoyed a 20 percent increase in leads from its website, a 10 percent increase in appointments set, a 23 percent increase in appointments shown and a 30 percent increase in appointments sold. These results were during September, a down month for the industry and a very challenging month for Volkswagen dealers nationwide. Yet, Tynan’s Volkswagen also rocketed to the 16th largest volume Volkswagen dealership in the country, the highest place the dealership has attained in a very long time. “These results are fantastic and offer real hope for Volkswagen dealers nationwide. Online Deal Creation really is the wave of the future and vital in building consumer confidence and trust. VirtualDeal also helps build that human relationship that, in our opinion, will never be replaced by cold mechanical solutions,” said Joe Orr, VirtualDeal CEO Business Challenge: Driving Online Vehicle Sales Family owned and operated since 1963, Tynan’s Volkswagen is based in Aurora and is the highest volume Volkswagen dealer in Colorado. However, following the Volkswagen emissions scandal, visits to Tynan’s Volkswagen website VDP pages dropped considerably and OEM leads dropped by 20 percent. Shean Kirin | Founder Kirin Automo ve The dealership worked with its long time agency Kirin Automotive, a digital advertising strategy and consulting firm that manages digital advertising budgets for dealerships across the US, and quickly turned things around. DealerSuccess | 3505 NE Royal Oaks Drive | Vancouver, WA 98662 | (855) 568-4140 | dealersuccess.net 2 Kirin helps auto dealers navigate vendor choices to ensure the best performing options for their stores, while saving money on overall expenses. “Today’s ever changing digital advertising world is filled with choices. SEM providers, SEO providers, Email Blasts, Websites, Agencies, and more. We were looking for the most effective way to bring online car business into the dealership and compared VirtualDeal with its mainstream competition – MakeMyDeal, and other solutions from DealerTrack and Cox Automotive,” said Shean Kirin, owner, Kirin Automotive. “We realized that the competitors would not be able to meet our goal for the dealership of acquiring customer information and creating the deal down to the penny, while simplifying the process, whereas VirtualDeal does all this and more.” Tynan’s Volkswagen Sees Real ROI While Kirin strongly believed that VirtualDeal would result in more leads and sales for Tynan’s Volkswagen, his fear was that competitors would take leads from the dealership and convert into their product, thereby decreasing overall lead count. However, this was not the case. “The results were better than expected with a 30 percent increase in pure Internet deals, a 20 increase in leads from the website -- not to mention finishing number 16 in the country for VW in sales volume – I would say we have a true partner in VirtualDeal,” Kirin stated. “In fact, we have a 31 percent sold ratio for overall VirtualDeal leads and a 48 percent closing ratio for unique VirtualDeal leads.” VirtualDeal provides the easiest way ever to buy a vehicle by placing the customer in the driver’s seat. Why Online Deal Creation? VirtualDeal is a simple plug-in to an auto dealership's existing website and works as follows: A customer can select a vehicle, click the VirtualDeal button and complete their entire deal from home. Customers are able to get multiple lease/payment options, trade value, financing and fees, and reserve their vehicle for up to 24 hours. VirtualDeal also creates perfect payments that both the dealer and consumer can get behind, and has an integrated customer follow-up system with full accountability reporting. DMS integration captures customer values/history and allows deal push, accurate ROI and closed RO VirtualDeal automation. “I feel that some OEMs may be moving towards a mechanical online buying solution; taking the dealer out of the selling equation and making them just a delivery business -- to the point where the consumer may just show up for the delivery. Whereas, VirtualDeal builds and supports the dealer/consumer relationship while giving the consumers/dealers/OEM’s exactly what they want. DealerSuccess | 3505 NE Royal Oaks Drive | Vancouver, WA 98662 | (855) 568-4140 | dealersuccess.net 3 Built by dealers for dealers. That’s the beauty of the balance that VirtualDeal provides,” Orr added. With its Online Deal Creator, Tynan’s customers can engage in a private message conversation with the dealership’s deal manager and it’s so mobile friendly that both the customer and the deal manager can work the entire deal from home -- risk free. Customers have waited for an “Easy Button” in automotive for over a decade. Customers can receive up to 9 payment and down payment options on a buy or a lease, trade in offers, and a full disclosure. Perfect payment retail and lease proposals allow the dealer to work a real deal with the customer, down to the penny. All that’s left is the test drive. Then, the customer simply completes the finance offerings and signs, greatly reducing their time at the dealership. And, the results speak for themselves. While most Volkswagen dealers were experiencing dwindling sales, Tynan’s enjoyed a 20 percent increase in leads from its website, a 10 percent increase in appointments set, a 23 percent increase in appointments shown and a 30 percent increase in appointments sold. © 2015 Dealer Success All Rights Reserved DealerSuccess | 3505 NE Royal Oaks Drive | Vancouver, WA 98662 | (855) 568-4140 | dealersuccess.net 4