How AI is Leading Auto Dealerships into the Technology Age by Expert Justin Osburn

In the swiftly evolving landscape of automotive retail, the digital age promises a new era of unprecedented opportunities chiefly driven by the fusion of artificial intelligence (AI) and cutting-edge technologies.

These advancements unlock new avenues for remarkable improvements in dealership operations, customer satisfaction, and financial growth in ways that were recently beyond the realm of possibility.

Justin Osburn, the visionary Founder and CEO of SmartGroups? stands at the forefront of this technological tide with a rich history in auto retail. He shares that ”discussions around artificial intelligence have gained considerable momentum among auto dealership owners.”

AI and modern technologies like LinUs, a breakthrough benchmarking software, serve as powerful allies for dealers. AI empowers dealers to anticipate vehicle demand, finetune pricing strategies, and optimize inventory to align with market dynamics. “The power of these technologies lies in their capacity to harness and decode vast data reservoirs, thereby elevating customer engagement, boosting sales trajectories, and reducing operational costs,” emphasizes Justin.

Echoing this sentiment, Forbes underscores the imperative for auto retailers to rejuvenate their traditional sales paradigms because today’s sophisticated buyers “expect a different buying experience – full of choices, online reviews, and end-to-end personalized experiences.”

Justin’s unique position as leader of SmartGroups? provides him unparalleled insights into the multi-faceted realities dealers confront daily. He reflects, "In my privileged role working with dealers nationwide, I’m continually awed by the wide variety of challenges they encounter and the ingenious strategies they employ. This is a vivid testimony of the unlimited potential for collective innovation.”

As we stand on the brink of a new horizon, AI doesn’t just represent the next chapter in automotive retail – it’s a complete reimagining. The vehicles we sell today run on fuel, but the future of our industry runs on data, insights, and intelligence.

In response to dealer demand, SmartGroups? is launching a Service 20 Group for the first time ever in December 2023. Other upcoming events include a January 2024 SmartGroups? at the Barrett-Jackson Auction, a VIP event for the largest mega dealers in the country. And in May of 2024, a groundbreaking SmartGroups? will be held in conjunction with the Walt Disney World - Disney Executive Leadership Institute.

Justin Osburn is an Army veteran, certified sales trainer, and auto industry expert with an extensive history including ownership of three independent auto dealerships. He recognizes the quintessence of adapting to market dynamics. His mission through SmartGroups? is to equip auto dealers with a modernized platform that synergizes traditional peer collaboration with the power of AI and advanced technology. To learn more please visit our website at https://smart20groups.com .