November - Volume 2 Issue 3
Transcription
November - Volume 2 Issue 3
The Volume 2, Issue 3 • November 2007 Inside TRACK In the Loop: Sam Dantzler As the 2007 year rolls along, 3rd quarter MIC data will tell you that we are down a steady 8% over last year. It’s important to remember that the MIC doesn’t count the influx of some 280plus brands of Chinese, Taiwanese, and Korean product. Most of these brands are selling small displacement off-road bikes, scooters, and ATV’s. When looking at the on-road sector, we are down only 5% over LY, with a huge opportunity to make up the difference. The point being, the industry is not down at all, just the brands that the MIC is tracking. If you don’t have a door counter, you simply must get one. Listed in this issue are six different suppliers for door counters, all under $500. The reason to have one is to truly measure the traffic in your dealership compared to the prior year. The staggering statistic that the composite brings to life is that there are more door swings and less greets than last year. That’s it. That’s where the focus needs to be for every dealership that is down in units. The average metric dealership spent over $120K in advertising, and it worked. MORE people came in, but we did LESS with them. Forget internet sales. Forget eBay. Dealers need to stop looking for a magic bullet or trying to “buy” the answer, and simply focus on the front door. Training is a must, and the dealers who are embracing that concept have reaped huge rewards in both the Metric and H-D arenas. With H-D’s new allocation method and the ease of financing, H-D dealers should be experiencing the best of times as product is now available and markets aren’t flooded with over allocations. This is only happening to those dealers who embrace a structured sales process and accountability. The metric dealer is seeing the acceptance of motorcycling in the US as a family activity, no longer for the weekend wanna-be or hooligan. Pre-sales of the BP Spyder (reverse trike) are indication of more products from OEMs that appeal to a new type of motorcycle buyer, as half of the deposits are from women. The demographic on motorcycle riders continues to evolve and grow. Overall Dealership - 3 November 2007 - Volume 2 Issue 3.indd 1 Sales Department - 6 The number one reason that people leave their jobs is training, or lack of it. Spend your money in your people and allow them to rise to the level that most of them want to perform at. Yes, some will leave. That’s a reality of retail, and of the specific industry that we are in. But that shouldn’t cause you to be gun shy over investing in their future while they are with you. You stand to gain far more while they are employed and trained than what you lose once they leave. As we approach the end of 2007, one thing remains quite evident. We don’t spend nearly the time training our P&A and Service staff as we do the sales team. Yes, the money’s in the metal and the sales department can generate money for all departments. However, we continually see P&A and service departments starving for training and attention. In our MDP’s, some of the basic principles that we teach to dealers are foreign concepts to these employees. Ask yourself, “Do I have a parts team who happens to make sales, or a sales team who happens to sell parts?” The opportunity in these departments is staggering with just a small amount of sales training. P&A per R/O numbers tend to sky rocket when a service writer is trained on how to sell. Bring your team to Update. This 3 day training event is part of your membership and is geared for your managers. It’s a recharge session, and we’ve book-ended the event this year with 14 different 20-Clubs. This year, in addition to industry partners being brought into the main rooms, Assurant trainers and new material will be infused into the main presentations. Couple that with 4 training rooms running simultaneaously, and you have the making for an entirely different and dynamic slant to managers being exposed to best business practices. When you’re trying to justify the cost of their flights to Denver, ask yourself how many incremental sales they would need to make as a result. If someone is willing to be trained, training always works. Remember, “Bring ‘em, don’t send ‘em.” F&I Department - 7 P&A Department- 8 Service Department - 9 11/20/2007 11:11:23 AM Keeping you up to speed on the current happenings at the RPM Group: • As we solidify the relationship with Assurant, all training (RPMG and Assurant) is now under the RPMG umbrella. We have come together on content, and are cross training all of our trainers to deliver the same message as most of you will witness at our annual Update. All Management Development Programs will be run out of Denver, as well as some regional training. Our Atlanta facility has expanded it’s offerings to include some of our very popular RTEs (sales process training for sales, parts and service employees) and F&I training. The level of talent and content that we now possess is simply unparalleled in the industry. Doubling the national norm F&I numbers are completely attainable if you are willing to train your people. Remember, the talent should compliment the process… not the other way around. • To assist Suzanne Taylor with all of the training demands, we have brought over Danny Brown from the Assurant side of the fence. Danny will partner with Suzanne on training efforts and work directly with RPMG and the 20-Club division. This allows us to focus on what we do best… 20-Clubs. We have new moderators, more follow-up, and more value added pieces ready to inject into our existing groups, as well as creating new groups as the direction of certain members are fine tuned. • October 19th began the first day of filming for our Parts, Accessories, and Apparel sales training DVD set. With the success of the Sales Training (Unit sales) set, the P&A set will be available for purchase in late November. The Service Writer’s set should shortly follow that with availability in 1st quarter 2008. Please call RPMG to reserve your copy. • Our database, which has been patched, repatched, and over patched throughout the years, should be completely redesigned by the year’s end. We will be beta testing the new database in 1st quarter 2008 with the hope to release it by June. With this new redesign, we will be able to query all categories, make quick changes to the look at content, and simply better refine the document which has been the industry standard since 1981. • Our work with Ducati continues to grow, with co-op dollars available straight from the OEM. As of 2008, Ducati North America will be paying 100% of dues for all members of our 3 DMGs (Ducati Management Groups). In addition, a 1% retail bonus is offered by Ducati for membership participation in the DMG Clubs. The average DMG member increased net 200% in the first year of the program, with a 250% increase in F&I dollars. It’s been a great relationship to date. • A BRP package is on the horizon including certification points for 20-Club participation, training dollar reimbursement, and possible “model stores” which will first appear in Canada. • Many projects will now come to the forefront thanks to the involvement of our new big brother, Assurant. The resources are now available and you (the client dealers) will recognize the changes throughout the year to come. We are exploring a “flooring division” for all RPMG members to offer discounted flooring options. Also on the horizon is a “virtual 20-Club” held in video conference over the internet. • As always, thanks for the support, and we’ll look forward to seeing you all at Update in January. Version 4.0 Traffic Log Pro is a proven software solution for the Powersports industry to manage customer relationships, and advance your sales process in an organized way. Coming November 2007!! • New tab layout to improve page navigation • “Customer For Life” CRM system integration • Plus over two hundred other internal system upgrades www.trafficlogpro.com Phone: 866-299-5924 November 2007 - Volume 2 Issue 3.indd 2 11/20/2007 11:11:24 AM General Dealership • Are you looking for a new leader for a department in • A good portion of the riders who have purchased your dealership? Typically, managers have been chosen for their ability to command authority. Many HR experts see the ability to be innovative, adaptable and curious just as important. To identify potential managers, look for people who are suggesting new and better ways of doing things, people abreast of innovations and those who measure their work against others. motorcycles lately don’t understand the basics of motorcycles and their maintenance. More and more dealers are running new owner clinics to educate the customer on their new toy. New owner clinics can be held monthly or quarterly to educate the new customer who doesn’t know yet what can and will be needed. MIC Motorcycle (no ATV) % Change YTD 2007 vs 2006 24.2% 25.0% -15.0% -13.9% -3.4% Total Suzuki -11.2% Yamaha -3.0% 2.5% Triumph -4.6% Polaris/Victory -10.0% -4.6% 1 Piaggio -5.0% 2.5% KTM 0.0% Ducati 5.0% BMW 10.0% 13.0% Kawasaki 15.0% Honda Harley-Buell 19.4% 20.0% -6.4% • In order to increase customer service and limit • William Moore at Hattiesburg Cycles has an distractions, implement a no cell phone policy in the dealership for all staff members. The policy would simply state that no cell phone’s are allowed in the dealership by staff members at any time, they must be left at home or outside the dealership in vehicles. • The state of Wyoming is doing really well lately due to oil and gas revenue. They are doing so well in fact that they have offered certain businesses (i.e. motorcycle dealerships) the ability to get their employees training which is paid for by the government. It requires a little paperwork but it’s worth it for the free training. Check with your local government office to see if they pay for employee training as well! interesting new way to advertise their dealership. The local mall in Hattiesburg, Mississippi typically has a business which “sponsors” the Santa exhibit during December. This year all the kids waiting in line to sit on Santa’s lap will see kid’s bikes and cool apparel underneath the trees surrounding them. It might spark a couple of them to add one more item to their list before meeting ol’ Saint Nick. Plus, Santa’s official arrival at the store will be in a utility vehicle from Santa’s favorite store. • To drive traffic, team up with your local Lions Club for events. The Lions Club will usually provide the food and advertising. • Another idea for free advertising and to drive • To visually illustrate areas of concern have the General additional traffic is to team up with local RV dealers to display product in their RVs and trailers at shows and events. Manager walk through the store with a digital camera and takes pictures of “messes” and or problem areas. Next print them out and hand them out as duties to be done. 3 November 2007 - Volume 2 Issue 3.indd 3 11/20/2007 11:11:24 AM Total ATV Dual 1 -1.8% -5.0% 4.3% Scooter 0.0% Off-Highway 5.0% On-Highway MIC Segment Performance % Change YTD 2007 vs 2006 -4.6% -8.2% -10.0% -11.0% -15.0% -15.1% • Look for school teachers who ride motorcycles to fill seasonal summer positions. It’s a great fit for both parties. It’s great for the dealership since it is peak season they only need temporary seasonal people and for the teacher since they don’t teach during the summer months and need something temporary. • Try using tickets for food at events you hold at the dealership. Attendees can get as many as they want, but in exchange provide their name and number. Make sure their contact information makes it on the traffic log and that your sales staff follows-up with each person to ensure that you make the most out of every event you hold. • End of the summer parties… Are you sitting on some inventory that you want to get out from under? Several dealers are experiencing this at this time of year. One unique way to “blow out” some inventory is to hold a creative sale where you increase your discount every hour throughout the day. Start an item out at 10% off at 10:00 a.m., 20% off at 11:00 a.m. and so on. First of all, the customer doesn’t know how deep the discount will get, and two, the customer will have incentive to buy sooner than later so that someone else doesn’t snatch the item out from under them. The worst case scenario is a customer walks around your dealership carrying the item that they want for hours on end waiting for the 40%-50% off to be offered. • Push the “I’ve got a great idea” promo in your dealership. Encourage staff to voice their ideas for a fresh look at new ideas. Give away a flatscreen TV once a quarter to the winner. Not only may you get a great idea but inclusion helps with buy in. • To increase bike builds try a whole dealership set-up party. The entire staff assists in the setting up of units. The tech builds and the rest of the staff helps out by getting crates, throwing away crate trash, cleaning and detailing the unit, and staging the unit on the sales floor or warehouse. All of this is done while the tech’s just keep building. • Looking for good, inexpensive labor? Hire an intern! From website design to EBAY sales, college interns cost little or nothing, need work in order to graduate, and you just may pick up a long-term employee. • More dealers are experiencing problems with fraudulent driver’s licenses. Some dealers are now purchasing a bar code reading device which reads the 2D strip on most government ID’s. The scanner can also check age verification. These scanners can run from $600 to $1000 and can be found at www.badgestuff.com and www. photobadge.com. 4 November 2007 - Volume 2 Issue 3.indd 4 11/20/2007 11:11:24 AM • What is your “Owner Orphan Base”? You spend • To filter out some of your job applicants inform all so much money trying to get new customers into our dealership yet so often you neglect the ones you already have. PPM was set up to retain some of those customers, yet how many are still out there. MIC information shows that people swap out their bikes every 2.1 years. With so much turnover on the sales floors, what are you doing to recapture your customers? • Garage parties are a great way to get customer’s excited about the products you sell. Increase the effectiveness of your garage parties by catering to the largest growing demographic of your customers, women. A couple dealerships around the country have instituted a ladies only section in the dealership during open houses. To attract and build relationships with female riders during these events female staff members give presentations on the following topics. • Changing the oil on a unit. This may take a little time and effort, however, it will make the female demographic feel much more at ease with owning and understanding their unit, especially since a woman is showing them. • Picking up a fallen bike. This can be a big fear for some women to overcome, knowing how to do it correctly and seeing another woman do it will boost their confidence level. • Product knowledge. Pick out a latest and greatest unit that will fit the female demographic and have a woman give a thorough presentation on it. • Give a tour of your dealership. Give increased focus to the service department and introduce women riders to the manager and service writers. Doing so will ease the intimidation factor in the service department. Remember, the female demographic is upward of 18% of the riders and increasing rapidly. This demographic is one of the dominant factors to successfully building your business, start capturing them now. • Theft is always a dilemma for every dealership. Del Amo Motorsports is taking extra steps to limit the opportunity people have to steal by requiring all customers coming in the door to check all helmets and backpacks with the receptionist at the front door. They have cubby’s built into the reception desk at the front door. The customer is given a tag that can be exchanged for their belongings upon leaving the dealership. applicants that your company requires a drug test. While you do not have to actually conduct drug testing to make this statement, you do have to make sure that you are not being selective and communicate this policy to every single applicant who applies. • Within our Dealer Candidate School (DCS), students are required to come up with action plans for each of their departments. When reviewing the action plans we often review with the student the S.M.A.R.T. system for goal setting. An overview for this system is listed below. • Specific - The goal should be clearly and accurately defined. Example of a non-specific goal: I want to sell more P&A in September Example of a specific goal: I want to sell $100,000 in accessories in September • Measurable - There should be concrete criteria for measuring progress toward the attainment of each goal that is set. Example of a non-measurable goal: I want to increase employee moral. Example of a measurable goal: I want to reduce other direct costs. • Attainable - All included parties need to view the goal as achievable Example of a non-attainable goal: I want to quadruple apparel sales in September Example of an attainable goal: I want to increase apparel sales in September by 20% • Relevant - It must make sense at the time for the business Example of a non-relevant goal: I want to sell five snowmobiles at 20% GP in June Example of a relevant goal: I want to sell five PWC’s at 15% GP in June • Timely - A goal should be grounded within a time frame. With no time frame tied to it there’s no sense of urgency. Example of a non-timely based goal: I need to hire four more salespeople Example of a timely based goal: I need to hire four more salespeople by month end By using this S.M.A.R.T. method of establishing goals you should get more accomplished. The goals will no longer be vague but clear and precise. • HD guys, hire your HOG director and put him/her in • To cater to the new rider hold Novice Nights in your another role. The Motor Company will not let you pay him/her as a HOG director, so find an alternative title for him/her within your store as an employee. More bang for the buck… dealership. This approach removes some of the egos and encourages new riders to become more involved with the dealership. 5 November 2007 - Volume 2 Issue 3.indd 5 11/20/2007 11:11:24 AM Sales Department • Have your chrome consultant spend time in service department each morning during the peak drop-off period. This is the slow time for the chrome consultant, so it helps build sales for not only them but service as well. • Are you looking for a good salesperson or a possible Sales Manager? You might want to check out your local Verizon Wireless store. Steve Ertle at Tejas Motorsports recently hired a Sales Manager and an assistant who used to work for Verizon. Verizon has a great sales training program. To succeed in sales at a Verizon store the salesman has to be motivated to hit their goals and objectives or they don’t last long. Verizon employees tend to be very motivated and understand relationship selling. • Try playing a Balloon and Dart game with the customer while waiting for delivery of new unit. To play give the customer a dart to throw at several balloons. Each contains a different voucher for a scavenger hunt in the dealership that entitles them to a prize. • Put a custom painted M/C lift from the service department on the sales floor and use it to deliver the customer’s new unit. The unit can be elevated and the walk around can be done. • To increase customer service and ultimately customer retention encourage salespeople to follow-up with customers that just recently purchased a unit. A great way to do this follow-up is with a CRM system thank you letter. To ensure compliance implement a policy where the commission voucher is only given in exchange for the salesperson’s thank you letter to their customer. • To drive additional sales partner up with a neighboring auto dealer during their off-site mall and tent sales. 2007 YTD Motorcycles Only Biggest Lossers Louisiana Mississippi New Hampshire Nevada California Arizona Massachuesettes Hawaii -20.1% -16.2% -15.9% -15.8% -13.1% -12.9% -12.6% -10.5% Florida -10.1% • Are you having trouble getting your sales manager out of the office and on to the floor? Take away his/her chair… literally. No chairs in the office equal all hands on deck. • How many deals are you really never seeing??? One for a yes and two for a no. One person is allowed to say “yes” on a deal, but it takes two senior management people to say “no”. 2007 YTD Motorcycles Only Biggest Winners Oklahoma 0.4% Colorado 0.7% Montana 1.3% Idaho 1.6% Kentucky 2.6% North Dakota 4.0% New Mexico 4.8% Wyoming 6.9% Utah 10.7% District of Columbia 30.8% • RPMG encourages Open to Buy in P&A. Why not do the same thing on major units? Credit to Jeff Sroufe for bringing it to our attention. • Run an ad in the cycle trader for dealer assist. With all of the private party transactions, you can become the place to go to facilitate the transaction. Check out Killeen Powersports (http://www. killeenpowersports.com/) for an idea on the verbiage. • These days gasoline prices are on everyone’s mind. A creative way to take advantage of this is to spiff your sales staff for Traffic Log entries with free gasoline. 50 gallons is what one dealer is using for the most amount of write-ups. • Midnight Sale are a great way to generate some attention to your dealership. A dealership in Las Vegas is having a huge success by having these events regularly. 6 November 2007 - Volume 2 Issue 3.indd 6 11/20/2007 11:11:24 AM F&I Department • Get more details on HD’s ‘Stick It to the Man’ finance deal. You can see it on the HD website. Is it right for your customers? • Implement the 400% rule...100% of the customers see 100% of the menu...100% of the time...with 100% compliance. • We understand that HSBC will do a 10% increase over approved amount on same day funding on their revolving accounts. They are willing to do bumps regularly! • Some OEM’s have begun pressing some recourse on loans that are not normally considered recourse financing. If liens are not perfected, either through liens at the time of title/license, or by submitting a UCC1 properly, the lenders are pushing recourse back on the dealers (whereas they typically hadn’t in the past). If the affidavit of insurance isn’t legitimate, lenders have also started to go back on the dealers. You need to ensure that you have done everything possible to avoid getting bit by the recourse bug. SMDP** (Sales Management Development Program) Meeting #3 February 25-27, 2008 Meeting #1 April 21-23, 2008 Meeting #2 August 4-6, 2008 Meeting #3 November 17-19, 2008 P&A MDP** (P&A Management Development Program) Meeting # 2 December 10-12, 2007 Meeting # 3 February 11-13, 2008 Meeting # 1 April 7-9, 2008 Meeting # 2 July 28-30, 2008 Meeting # 3 November 3-5, 2008 SVMDP** (Service Management Development Program) • If you don’t have a menu, build one. • Put pigtails on all bikes on the floor. The natural up-sell is the battery charger which can be assumed in the F&I office. • If you haven’t yet switched to Loud Financial for your American V-Twin financing, you are really missing the boat. Check them out at http://www.loudfinancial.com/. • Communicate with ALL departments. • Another untapped lending source you can use to get a few of your customers approved is military lending institutions. If you have even a small military population near your dealership partner and build a rapport with military lending institutions. • Most states require having consistent DOC fees to all customers, not necessarily the same DOC fee to all customers. Some of our dealers charge two different DOC fees, one for dirt and one for street, or one based on displacement. If you feel that your product mix won’t allow you to have a large DOC fee, consider a tiered DOC. Check to be sure that it is legal in your state before making this change. • Tejas Motorsports had the following great idea: During the write- up step the salesperson is required to attach a DriveCard (RPMOne) application. Then the DriveCard application can be processed at the same time as the bureau is being ran. This provides the customer with more flexible spending options. 7 November 2007 - Volume 2 Issue 3.indd 7 Upcoming Training Dates Meeting # 2 December 3-5, 2007 Meeting # 3 March 10-12, 2008 Meeting # 1 May 5-7, 2008 Meeting # 2 August 11-13, 2008 Meeting # 3 December 15-17, 2008 DCS (Dealer Candidate School) Kickoff December 3-6, 2007 Meeting #2 March 3-5, 2008 Meeting #3 July 14-16, 2008 Meeting #4 December 8-9, 2008 OMDP (Operations Management Development Program) Meeting #1 May 12-14, 2008 Meeting #2 July 22-23, 2008 Meeting #3 October 28-29, 2008 Update January 26-28, 2008 F&I Seminar January 8-10, 2008 April 1-3, 2008 August 19-21, 2008 October 14-16, 2008 **These programs have open enrollment, students can register any time prior to start of class. 11/20/2007 11:11:25 AM P&A Department • Doug Jackson at Woodstock Harley-Davidson does a calculation by dividing the P&A and Service sales by the HIO (Harleys in Operation). If the number is too low, it is an indication that people aren’t coming back to the dealership and retention is low!! And how about those tire sales – over 100% penetration? • How do you know if your inventory is moving? “10 in 10 or it goes back!” In other words, if 10 pieces haven’t sold in 10 days, it’s not going to move. Either send it back or put a program together to move it out. • Open to Buy is a thorough way to track and plan your inventory levels throughout the year. If you are not using one in your MotorClothes department you should implement one. After moderating several MotorClothes manager’s composite reviews recently, we have outlined what we believe to be the top seven categories to get you started: • Leathers • Boots • Helmets • Riding Gear • Collectables • Shirts • Company Logo Gear Of course you are not limited to just these categories, however, these are the main seven to get you started. • 5 a day on eBay. Similar to the traffic log for the sales department, the P&A parts associate must post 5 items a day on eBay. The eBay posting must have an accurate description, any relevant additional information and contact information for the dealership and the appropriate P&A associate(s). • To increase your level of customer service, train P&A sales associates to help the customer with the product, then walk the customer to the cashier for a personal type customer service experience. Take this to the next level by frequently asking customers carrying items if you can take the items up to the register. It increases the level of customer service and frees up their hands to shop more! • Increase you UPT by promoting your clearance items. It’s called key item promotion. • To ensure that your staff isn’t hindering your customers availability to the newest and hottest stock, place a time delay on new product. Employees must wait a specific number of days before they are able to purchase new inventory that is for sale to customers. If they want it now they are welcome to pay retail or special order it. • Owners Manuals and Tool Kits should be kept behind the parts counter. This promotes a mandatory turnover to the P&A department and increases the value of the customer’s walk through the dealership and gives the opportunity for the P&A department to present items that will complete the customer’s riding experience. • For multiple store operators, put together T-Shirt bundles, one from each store. Package selling for tourists has proven to increase line items per ticket. • We’re all in sales – how about a shirt, underwear, tattoo, or whatever, that says it!? November 2007 - Volume 2 Issue 3.indd 8 8 11/20/2007 11:11:25 AM Service Department • Are you having trouble with technicians taking vacation time during your peak season? At a recent 20-Club one of our dealers in a seasonal area has come up with an innovative way of dispersing vacation time. The dealership typically offers their techs 10 vacation days a year. If the technicians take their vacation time during the slow months (October – March) they receive a vacation day bonus of 1.5 days for every 1 day of vacation increasing their vacation time. By doing so technicians typically will take limited time off in the summer and take the extra time off during the winter when the shop isn’t so busy. If you are considering implementing this or a similar vacation plan, check with your state legislation to ensure it falls within employee benefit guidelines. • Use standard job options in your DMS systems. It helps with proficiency and consistent labor quote times. Use pre-built job codes in the DMS system • To increase P&A per RO, use a free Labor board and/or stickers that advertise overlapping labor. For example the board would promote a free installation of brakes pads while you are installing a new tire. • Is your dispatching process simple or complicated? It should take a service advisor no more than a minute to find out the status of a job in the shop. Ideally it should take less than 30 seconds. Whether it is a dispatch board or routing sheet, it should be easy to access from the service advisors desk. • Service and P&A Managers need to have regular weekly meetings. Main topics of discussion should be: • The lost sales log and what parts need to always be on hand. • What would be easy up-sells in the service departments and how does the P&A department support this. • Overall how can the P&A Manager assist the service department making it easier to sell in service. • What inventory can the service department focus on selling to help decrease obsolescent P&A inventory. • Any information on how the two departments can collaborate in order to drive the success of each department. • One of our dealers now has one person doing all test rides for the dealership. By doing this the dealer was able to lower his insurance costs as the rider had an impeccable driving record. • Thanks to Matt Mechling at Interstate Cycles who came up with this great idea. Have your Dyno wall be available for signatures. Get a silver pen and a white wall. Have customers post statistics and “Sign the Wall!” • Keeping your techs motivated can be difficult, consider a different incentive to increase your techs’ drive. Instead of giving your techs an hourly raise give them a quarterly bonus. $1000.00 has more appeal than $1.25 an hour increase and since it is a bonus and covers a three month period it will have a more long-term affect than an expected annual increase. • We understand that major OEM’s have begun paying above dealer cost, up to retail, on warranty parts. Check your credits and start pushing. It looks like your state dealers association may be a big help in getting this through. 9 November 2007 - Volume 2 Issue 3.indd 9 11/20/2007 11:11:25 AM Sales Manager’s Daily Dozen F&I Manager’s Daily Dozen 1. Traffic Log Review 2. Attitude Adjusted For Sales 3. Showroom Check/Housekeeping 4. Pending Sales 5. Credit Approval Turndowns 6. Inventory Check, Including Used Bikes 7. Current OEM programs 8. Event Planning – Reasons To Buy Today 9. Turned US Down – Why? 10. Meet with Dealer Principal 11. Motivator Board / Status Board Update 12. Follow-Up Procedures 1. Complete & Review F&I Log 2. Update Delivery Log 3. Review Pending Deals 4. Meet with the Sales Manager 5. Complete all Finance Paperwork 6. Mail Out all Title Paperwork 7. Follow-Up on any TUDs 8. Complete Unit Inventory Jackets 9. Review OEM Programs 10. Contact One New Finance Source 11. Go Through F&I Mailbox 12. Erase Dead Deals from Computer P&A Manager’s Daily Dozen Service Manager’s Daily Dozen 1. Today’s Staff Scheduling 2. Department is ready for Sales 3. Service ROs Filled 4. Stock Order Submissions 5. Check Shipments 6. Today’s Events and Displays 7. Return to Vendors 8. Back Order Status 9. Meet with DP, Sales Manager and Service Manager 10. Check Accessory Needs/Orders 11. Housekeeping 12. DOC/Open to Buy Complete General Manager’s Daily Dozen 1. Today’s Staff Scheduling 2. Today’s Work Load 3. Service Writers’ Meeting 4. All Parts Pulled for Today’s Jobs 5. Sales Department Bikes 6. Warranty Codes to Office 7. Today’s Events and Marketing 8. Quality Control 9. Meet with DP, Sales Manager and P&A Manager 10. Department Walk Through 11. Parts Ordered by Most Expedient Means, Tonight 12. RO Summary Complete and Turned-In Operations Manager’s Daily Dozen 1. Walk the Floor 2. Meet with the Phone Follow-Up/National Sales Office Manager/Supervisor 3. Meet with the Sales Manager 4. Meet with the F&I and Sales Manager 5. Meet with the P&A Manager 6. Meet with P&A and Service Manager 7. Meet with Service Manager 8. Meet with the Operations Manager 9. Spend Time on the Floor with Customers and Staff 10. Marketing/Promotions 11. Meet with the Dealer Principal 12. Give Five Pieces of Positive Feedback to Deserving Staff 1. Balance Previous Day’s Till 2. Check Previous Day’s RO Summary 3. Check Previous Day’s POs 4. Make Bank Deposit/Determine Daily Balance(s), Bank and Actual 5. Meet with Dealer Principal 6. Check Contracts in Transit 7. Make out Flooring Payment Checks 8. Check Titles in Progress 9. Document Check - Customers Orders, etc. 10. A/R and A/P Posted 11. Verify Open-to-Buy Balance 12. Backup computer The views, ideas and recommendations expressed in our publication are suggestions only. RMP Group provides this information to its readers so they can evaluate it and determine if it is applicable to their own dealership. RPM Group, Assurant Solutions and its affiliate companies are neither responsible nor liable for the results of any suggestion expressed in this publication. 10 November 2007 - Volume 2 Issue 3.indd 10 11/20/2007 11:11:25 AM November 2007 - Volume 2 Issue 3.indd 11 11/20/2007 11:11:26 AM 7535 East Hampden Avenue, Suite 600 Denver, CO 80231 phone: 303.338.1122 • fax: 303.338.1129 www.RPMG.com November 2007 - Volume 2 Issue 3.indd 12 11/20/2007 11:11:27 AM