When does 1 = 1.5?

When does 1 = 1.5?

Do more with less

Happy Thursday PRO network. It occurred to us that less might be more. So we're parsing it down so we can save you time and bring you better value. Here's a condensed version of what we're seeing, what we think you should do about it, and how we can help.?

?Top 3 market trends?

  1. Inflation and affordability
  2. Decrease in sales volume
  3. Employee turnover and retention?

?Solutions

  1. Smart Payments solution to match payments with pay days and improve affordability.
  2. Product portfolio review to identify what's working and what's not.
  3. Work style and cognitive assessments to place the right people in the right place.?

?This month's big question

Consider this:?A 10% decrease in vehicle sales requires an 11% increase in PVR just to keep earnings the same. Decrease business by another 10% and now you are looking at a total increase of 22%.?Lose one more vehicle sale out of 10 and a total of 43% in PVR is now needed to maintain revenue.

The question:?What's your easiest next step to make up the missing profit?

Interested in taking a look at these solutions or exploring others? We are here to show the math, identify new profit opportunities, and equip your teams to be successful. Read on for more.

Video:?How do you handle sales objections?

Whether you're selling from a menu or step selling, the fundamentals remain the same. See how simple Doug makes it in?2:38 min.


We want to hear from you!

Use the link below to weigh in on our monthly poll. Be like Kloe and Doris and respond for a chance to?win?$25 cash! Click here to poll

Look out for the micro-newsletter on?Thursday,?September 1st??to see if you won!?

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5 Key Qualities to Transform Great Managers into Great Leaders?

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Managers and leaders complement each other but are commonly two separate people. A leader inspires and encourages others to achieve visionary goals and a manager deals in day-to-day operation and ensures tasks are being performed as expected. What would it take to be both? Click to read blog.

Sales and F&I Teamwork Win Championships

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The best outcomes are achieved when sales and F&I work together to maximize every opportunity.?Find out what it takes to bring your teams together to drive success.?Click to read blog.

Ask us Anything

Do you have any questions related to the F&I department, F&I products, sales strategies, your professional development, or dealership profitability??

Click here to access the free consultation form.

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