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Know your Lead Source Providers

It is imperative that you are familiar with your lead source providers. Just as it is important to know how your floor traffic was directed to your sales floor you need to know how that Internet Customer came in contact with your Dealership. Salespeople would kill to know their customers background, wants and needs before they show up on the doorstep. Internet Sales Managers as well as Coordinators need to know their lead sources and how that customer’s information came to them to better qualify who they are dealing with. They must understand their lead source providers from the customer’s perspective. Some of these sources take time and require some attention to detail of the vehicle your customer may be looking for so they may not be primarily concerned with pricing but more of the features and availability of the selected vehicle This is going to be your pre-qualifying period where you get a chance to study your customer before you go for the sale or the appointment.

Start by compiling a list of your lead source providers and save them in your “favorites” category of your web browser. Go to their websites and see what type of information it contains. See if the customer has the option to build their vehicle, view pricing information and even select the dealership they wish to contact. This will give you an idea of what your customer had to consider when filling out the application. To get a better idea of where your customers are coming from, fill out an application yourself for research purposes. Did you pick a make, model, trim and options? Did you select interior and exterior color choices? Was your vehicle and options priced on the website? Did you have the opportunity to select your Dealership preference? How long did it take you to fill out the application? Pay attention to these details, they will later help you better qualify your Internet customer. Once you fully understand your providers, you will be ready to profile the customer before making the call and selling a car or securing an appointment.

Every request that falls into your CRM from a third party lead source provider will have a “Prospect Sheet” attached. A prospect sheet is a form that contains all information your customer has submitted in its pure form directly from your provider. A copy of this form will be forwarded to your CRM and stored in your database. Read the prospect sheet! This is where most Internet Coordinators make their biggest mistakes. These are simple mistakes and usually occur from the lack of attention to detail. Below is an example of a prospect sheet from AutoUSA, I have highlighted all of the key information for you. :

 
PROSPECT SHEET
 
 
Address:
555 Linden Ave Somerdale , NJ 08083
 
 
Eve Phone:
856-555-8923
 
 
Day Phone:

609-555-4081

 
 
Email:
 
 
 
 
Subject:
AutoUSA.com Purchase Request
 
 
Date:
3/19/2007 9:11 AM
 
 
Name:
Bob Smith
 
 
 
 
PROSPECT INFORMATION
 
 
Request Date

2004-03-18T18: 14:52-08:00

 
 
ID Reference
ID 1 = ‘18670889’ [ Sequence = ‘1’]
 
 
ID 2 = ‘ ABTL-ADF-2004319-09: 08:59 Source = AVV LMLead
 
 
Timeframe
2 weeks
 
 
 
 
Contact Information:
 
 
Name:
Bob Smith
 
 
Address:
555 Linden Ave
 
 
City:
Somerdale
 
 
State:
NJ
 
 
Zip Code:
08083
 
 
Country:
USA
 
 
Voice Mail:
609-555-4081 ( time: evening ) (*preferred*)
 
 
Email:
bsmith@aol.com
 
 
Time Frame:
Two Weeks
 
 
Commments:

Mar 19 2007 6:10 AM- AutoUSA.com verified the primary phone number

submitted on this purchase request is a valid number. I am looking for a

Maxima SE with a sunroof and leather seats.

 
 
 
 
 
 
 
 
 
 
 
 
VEHICLE INFORMATION:
 
 
Interest:
Buy
 
 
Status:
New
 
 
Cylinders:
6
 
 
Doors:
4
 
 
Make:
Nissan
 
 
Model:
Maxima
 
 
Transmission:
Automatic
 
 
Trim:
SE
 
 
Year:
2007
 
 
Interior Color:
Black  
 
Exterior Color:
Sterling Mist  
 
Preference:
1  
       
 
FINANCE INFORMATION:
 
 
Method:
Finance  
 
Amount:
$3,500 (down payment)  
       
 
TRADE INFORMATION:
 
 
Make:
Mitsubishi
 
 
Model:
Galant
 
 
Year:
2003
 

If you take a good look at the form you can gather vital information about your customer. Make sure you look at the following:
  • Where your customer lives/how far from the dealership are they?
  • What type of vehicle are they looking for?
  • What is their purchase window?
  • What is their preferred means of contact?
  • Is a trade implied?
  • Is the prospect looking to Lease, Finance or Pay Cash?
  • Did the prospect signify any cash down for the loan?
  • Did you check the customer comments section? Many times a customer will tell you exactly how you can help them.


These are all important points to address when speaking with your customer so use the information they gave you. Do not ignore their wishes; you don’t want to seem like a salesperson trying to get them to make a quick, pressured decision. The customer took the time to think about the selections they made on the application. Make them feel there was a purpose for them to go online and shop for a vehicle. Even though you already have the details go through the information with the customer step by step confirming everything, leave nothing implied. This will aid you in turning your Internet customer into showroom customer.
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