EVOLVE Business and Professional Magazine February 2020 | Page 37

And today if your company isn’t using demographic data, propensity data and growth data you will be left behind.” take an average dealership weekend and make it off-the-charts the dealership and where is the consumer in the buying cycle? successful. And he was right. Then, figure out where they overlap without over-saturating the “If you want people to come to your dealership give them free market. This takes data. And today if your company isn’t using hotdogs and beer,” he often tells dealerships. “If you want people demographic data, propensity data and growth data you will be to buy cars at your dealership, use my direct mail.” left behind.” The first step in Hamlin’s approach is to study the The other important piece to the puzzle, Hamlin said, is dealership’s current plan—if they have one. Many car dealers use having someone in the organization who can “take your sales what Hamlin calls the “911 plan.” flow vision and access and crunch the data to deliver something “They call up and say they are having a bad month and need a direct mail campaign now,” he said. “But to get results you must know the business. What are the key motivators for actionable. The workforce for the future not only has to do the work, but also explain it to the buyer.” In Hamlin’s current business, he has four data and analytics REAL . LOCAL . SAVINGS . See how much you could save on car insurance today. 386-304-9363 921 West International Speedway Boulevard, Daytona Beach Saving people money on more than just car insurance. ® Some discounts, coverages, payment plans and features are not available in all states or all GEICO companies. Motorcycle and ATV coverages are underwritten by GEICO Indemnity Company. Homeowners, renters and condo coverages are written through non-affiliated insurance companies and are secured through the GEICO Insurance Agency, Inc. Boat and PWC coverages are underwritten by GEICO Marine Insurance Company. GEICO is a registered service mark of Government Employees Insurance Company, Washington, D.C. 20076; a Berkshire Hathaway Inc. subsidiary. GEICO Gecko image © 1999-2019. © 2019 GEICO FEBRUARY 2020 | 31 |