Team Velocity’s Post

Name: Team Velocity on LinkedIn: #transactions #drivingevolution
Uploaded: 2024-03-18T16:30:04.166Z
Duration: 2 min 6 s
Channel: Team Velocity

Team Velocity

47,226 followers

9mo

What does it take to be #1? In case you missed it, Brian Benstock and David Boice sat down with Brittani Boice to uncover Paragon Honda’s strategic approach to automotive retail. The prioritization of transactions, nurturing relationships, and playing the patient long game all had key roles in their continued growth and ultimate achievement of being the #1 Honda dealer worldwide. The full video is on our website here - it’s worth the watch. https://bit.ly/4bKJpsX #Transactions #DrivingEvolution

Transcript

What customers want transactions. I don't want more leads. Let me be able to buy one car online. And if I can do that successfully and smoothly, then we can figure out how to sell many cars online. And I think that's exactly what we've been able to accomplish. How much of what you've built here do you attribute to not just the technology but the team? You know, technology is wonderful, but we still are in the people business and dealerships need relationships with the people who are here to help them and that can't always be accomplished through Zoom the Arena. Is still the showroom for the business that we're in, you know, one of the. Unfortunate things. There's a lot of people see us doing business together and they'll hire you guys for 60 or 90 days. Yeah. And they'll say, hey, we're not first place in our district or in our state or it's it's time, man. It's time. It's a daily stuff. It's a grind. It's building the processes, learning to trust each other. We get bored sometimes with our advertisement that works and a lot of dealers switch back and forth. They never give these things time to grow and to gestate in in in the store. Our sales and service team, remember when we first did it, we were selling 60 cars. That's a dealership within a dealership. It's generating 200 plus new car sales and 90 to 100 trade-ins a month. It's 300 sales out of the service department. When we got together, that department didn't exist. You guys saw the bigger picture there, right, that those used cars that we take in are going to have to get marketed and that that's fine serve, keep and recycling the customers through trade cycle management. It's been a key part of our success and that takes time, right. It's a geometric. Over long period of time and I think that's one of the reasons for our success. High pay off things like becoming the number one Honda Deer in the world, high payoff. It's hard. It takes a long time. There's one reason you've been with us or I've been with you since 2008. You show up every day ready to put on and and do whatever it is necessary.

To view or add a comment, sign in

More Relevant Posts

Jason Dwyer

Associate Director, Dealer Relations with automotiveMastermind
3mo
Report this post
Your top 6 tips here.

automotiveMastermind Inc.

21,383 followers
3mo Edited

The automotive industry is anything but normal and remains unpredictable. So, what should dealers be doing to navigate these strange and challenging times? Our Vice President of Sales Steve DeWitt has the answers and shares six easily overlooked tips for dealers to consider via Automotive News: https://brnw.ch/21wMJ52 #AutomotiveIndustry #Dealership #AutoDealers #AutoSales
Like Comment
To view or add a comment, sign in
FleetWise

2,148 followers
2w
Report this post
Cox Automotive makes 2025 predictions Cox Automotive’s third edition of its Insight Quarterly (IQ) forecast delivers key insights on the UK automotive sector. See the report highlights on FleetWise: https://lnkd.in/eT6RBxYp

Cox Automotive makes 2025 predictions

fleetwise.services
Like Comment
To view or add a comment, sign in
Bijith Nelson

MCA - IICA Certified Independent Director | IMCI Certified Management Consultant | ICMCI Individual Member | Mentor - Startup India | Mentor - Kerala Startup Mission | ESG Enthusiast
8mo
Report this post
"Stay Ahead of the Curve in Automotive Industry. Subscribe to The Road Ahead newsletter for expert insights, future trends, and exclusive dealership offers. Subscribe on LinkedIn https://lnkd.in/gHBp6UZR
Like Comment
To view or add a comment, sign in
CDK Global

130,753 followers
9mo
Report this post
Watch CDK CEO Brian MacDonald's discussion with Automotive News' Emma Hancock below. ⬇ He reflects on a successful #NADA2024 and shares what's on the horizon for automotive retail in 2024. #automotiveindustry #automotivenews #dealership #carsales

Automotive News

617,110 followers
9mo

Join host Emma Hancock in an exclusive interview with CDK Global CEO Brian MacDonald as they delve into the latest trends shaping automotive retail for 2024 and beyond. He talks about his experience at National Automobile Dealers Association (NADA) 2024, the benefits of CDK's cutting-edge Dealership Xperience Platform, and gives expert insights on what lies ahead in the industry. #Sponsored

2 Comments
Like Comment
To view or add a comment, sign in
Mach10 Automotive

680 followers
5mo
Report this post
The seasoned automotive industry professionals at Mach10 Automotive possess the expertise and experience required to enhance performance across your dealership. By partnering with Mach10, our subject matter experts can help unlock the full potential of your dealership. Contact us today to learn how Mach10 can help elevate your performance and maximize your profits. www.mach10automotive.com #Mach10Automotive #DealershipGrowth #AutomotiveIndustry #CarDealership #PerformanceEnhancement #ProfitMaximization #IndustryLeaders #AutomotiveExpertise
Like Comment
To view or add a comment, sign in
Jenna Smith

🏎️ #autogal 💃🏻| Social Media Marketing 🤳🏼| Get comfortable using video | Advisory Board Member - Full Tank Automotive Camp @ Northwood University 🐺💙🤍 | Speaker 🎤 | Better half of the #autocouple 😉😎
2mo
Report this post
These aren’t recent or new concepts and Brian Benstock is telling it true! 👏🏻 I have been in Automotive for 24 years and I grew up -3rd generation in this industry with these philosophies: ✏️Meet the customer where they are at, give them what they want and more! ✏️If they don’t want to come in to transact, go to them! Service, sales, parts, accessories. ✏️Make it seamless and transparent! Be trustworthy and don’t BS the customer. If you don’t know, say that and then say “Great question! We can learn together!” ✏️Build a relationship, get to know them- their interests hobbies and important dates so you can celebrate them on special occasions. ✏️Have thoughtful meaningful follow up that provides value with each interaction-don’t just call to say: are you ready to buy yet? ✏️ Always be educating yourself on your product and your craft! Be a student 👩🏻🎓 of the business! What would you add? 🤔 📝 Dear OEMs-please take note and make it easier for us here on the frontline for you to sell more cars, parts and service. 😉 Our customers seldomly want to spend any amount of time in a dealership. #mymythbuster: you can sell warranties and additional protection without a customer visiting the store. Value must be built in it from the beginning and knowing your customers pain points and buying cycle helps! Also, if your looking for unique ways to follow up with customers, more tips and tricks to not get ghosted 👻 by your customers- check out: wwww.revvedupsolutions.com Great clip Ted Ings!!! #automotiveindustry #revvedupsolutions #autogal 🏎️💃🏻🫶🏻 #womeninautomotive

Ted Ings

Founder and President @Ted Ings' Fixed Ops Roundtable® | Customer Satisfaction, Sales Processes
2mo Edited

Brian Benstock of Paragon Honda and Paragon Acura explains the innovative service pick-up and delivery model to Ted Ings and Sarah Vantine at Northwood University International Auto Show Northwood University #automotive David Reinicke 🌜Owen Moon🌛 Julie R. Douglas Jim Sabino Tyler Nathan
Like Comment
To view or add a comment, sign in
Colin Richardson

Principal, Omni-Channel Automotive Solutions. Seeking consulting/contract opportunities in relevant leadership roles - OEM I Retail I Operations I SaaS I Business Development I Financial I High-performance I other
2w
Report this post
North America Stellantis/Jeep COO/CEO Antonio Filosa wants to lower inventory, improve market share, and regain dealer trust. WOW! The long time Fiat/FCA Fiat Chrysler Automobiles employee is simply re-stating the obvious, with nothing concrete to support a resurrection. Talking general automotive fundamentals with little detail tells us nothing. Leadership needs to articulate a plan and how they will execute that plan. Mr. Tavares is leaving the company with significant issues. Who will step in and right the floundering company?? It appears the Chrysler/Dodge/Jeep "culture" from decades ago still permeates the company....we are very familiar with it :) Ford Motor Company, General Motors, Volkswagen Group, Toyota Motor Corporation, Nissan Motor Corporation PLEASE NOTE: We are currently soliciting for OEM, DEALER GROUP, SUPPLIER, SaaS contracts/other projects. Feel free to reach out to me directly. 416.993.9356 [email protected] #automotive #automotiveindustry #innovation #brand #technology #leadership #retail #oem #ev #electricvehicle #quality

Stellantis’ top North American exec focused on regaining dealers’ trust while improving sales

autonews.com

2 Comments
Like Comment
To view or add a comment, sign in
UpdatePromise

2,404 followers
6mo
Report this post
Attention Honda Dealers! Register for our live webinar to discover "What's in it for you?" 📅 Streamline Appointments: Simplify the scheduling process through the Honda or Acura Owners Portal. 💬 Engage Customers: Keep them informed and engaged throughout their service lifecycle. 📈 Increase Efficiency: Manage parts availability and appointments seamlessly. These insights can take your dealership to the next level. Don't miss out—register now with the link below! ⤵️ 🔗 https://hubs.li/Q02zGR4-0 🔗
Like Comment
To view or add a comment, sign in
Market Scan

5,644 followers
6mo
Report this post
US Auto Sales are on the rise, up 5% (+184,000 units) compared to last year. But OEM's are still facing complex challenges: how to balance the need for higher spending while targeting placements. ⚖️ Hear from our Executive Director, Enterprise Business Scott Cauvel as he dives into what OEM incentive planning teams are expecting to see in the #AutomotiveIndustry for the rest of 2024. ⬇️ #MobilitySolutions #Automotive #AutoRetail #OEMs #AutoSales
Like Comment
To view or add a comment, sign in
Dynatron Software, Inc.

12,843 followers
1mo
Report this post
Let's finish out this week by sharing these results from a REAL Dynatron client, an Audi dealership in Georgia. What would your dealership do with over $1M added to your bottom line? Learn more about what possibilities exist for your dealership by scheduling a quick 30-minute demo: https://hubs.li/Q02SCqG_0
1 Comment
Like Comment
To view or add a comment, sign in

47,226 followers

View Profile Connect

Team Velocity’s Post

Transcript

More Relevant Posts

Explore topics