Tag: Digital retail
Carvana seeking financial advice to manage billions in debt
Carvana is seeking financial advice after a difficult year of stock crashes, sputtering demand and high debt.
In 2020 the retail company witnessed a record...
Effectively competing with internet-based dealers
The automotive industry from previous decades is almost unrecognizable from its current state. Fast-forward 50 years from now, and it will be unrecognizable again....
WSJ best-selling author Alex Goldfayn explains the power and profitability of...
Are you still using the phone to generate sales in today’s digital retail environment? If not, this is something that you should get back...
Paragon’s Brian Benstock discusses record-breaking sales numbers and shares his outlook...
The Paragon team out of New York is proving that sales teams are still relevant and necessary in today’s digital landscape. On today’s show,...
Are you using online tools effectively? It might be time for...
According to Insider Intelligence, it’s predicted that consumer retail spending that results from website chat widgets will be as much as $142 billion, fifty...
Melissa Z. Clark discusses her new role as CEO of Sokal...
Melissa Z. Clark has officially been announced as the new Chief Executive Officer of Sokal, one of the largest automotive advertising agencies in the...
CDK Global Acquires Digital Retail Platform Roadster
CDK Global has just acquired digital retail platform Roadster. Today, we’re pleased to welcome Joe Tautges, Chief Operating Officer of CDK Global and Andy...
Did the pandemic shorten the path to a more transactional dealership...
Covid-19 hit like a shock wave in March 2020, shutting down dealerships, impelling them to adopt digital retailing (DR) as a low-touch transaction alternative...
Five factors that drive innovation in auto retail
Dealership gross profits have declined from 3.3% to 2.4% between 2015 and 2018. Over that same time frame, an average dealership’s operating profits saw...
Road to the Sale: The Digital Retail Checklist
Last week we wrote about Selling in the age of COVID and how this changes the traditional Road to the Sale. The article had...