DEALERSHIP

All dealerships have issues in common, no matter whether they sell cars, trucks, boats, or appliances. Perhaps the most expensive commonality is that they have large sums of money tied up in inventory.

Knowing weekly or even daily what is selling and what isn't can be crucial. However, it's only one of many measures of business success that can require changes to incentive programs, advertising and other promotional activities.

Extensive inventory can be a dynamic selling point. It often is the difference between making the sale or the customer going to look elsewhere. Today's quest for “immediate gratification” is powerful. But extensive inventory means dollars not earning money through investments.

Dealership owners and managers need to know crucial business status, as shown through Key Performance Indicators on dashboard displays, to ensure they are moving inventory at the rate they planned.

And in addition to the sale of new products, many dealerships also incorporate used products, as well as parts and service. Each has its own unique KPIs.

Typical dealership data that a dashboard could display include:

Key Performance Indicators, such as the ones listed above, and the tables, charts and performance dials used to display the information, can be selected and customized for the business owner.

In addition to dashboards presenting industry data in visual representations, Dashboard Programs can also present data relevant to the specific business. Examples of this internal type of information include employee data, incentive plans, plus sales and marketing activities.

The image above is a picture of a dealership dashboard. Click on the image to view a functioning dealership dashboard. See how different displays are highlighted and how previously gathered data can be displayed by passing your cursor over the various displays and clicking on specific areas.

Every dealership can use dashboards. Find out the benefits to your specific dealership business and how to obtain a Dashboards Program by contacting the dashboard experts at George S. May International Company.

Call: 847-993-5443

E-Mail: info@gsmdashboards.com