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On-line Negotiation is now a reality

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On-line Negotiation is now a reality

Introducing the industry's very first On-line Negotiation System - WideStorm.

Website: http://www.widestorm.com
Members: 72
Latest ADM Activity: Sep 1, 2012

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Oops... You need to stop "Lurking" on ADM and become a more genuine Automotive Professional by completing your membership registration. As a registered ADM Member, you can post comments, publish your own articles (be a star!) and start Forum discussions. Stop being an online "Peeping Tom" and JOIN ADM RIGHT NOW!

Comment by CARLOS THOMAS FAURIA on September 12, 2010 at 9:07am
I just joined this group.. I simply had to after seeing all of the talent here and my interest in online negotiation. I am currently working on bringing SMS text messaging to the masses. Lincoln Financial Solutions now has an open source platform that will be released by October 1st 2010.
Comment by Todd Mathews on January 26, 2010 at 12:52pm
Comment by Todd Mathews on January 20, 2010 at 1:05pm
Widestorm President's Podcast discussing "Online Negotiation"

http://media.libsyn.com/media/sellingsuccess/AutoSuccess_115_-_Jock...
Comment by Todd Mathews on December 16, 2009 at 10:25am
AdAgencyOnline.Net Promotes Online Transactions For Automotive Advertising Agencies With WideStorm


AdAgencyOnline.Net is an automotive advertising social networking portal that reviews cutting edge automotive advertising applications. Their solutions of choice are those that integrate proven selling systems in brick and mortar auto dealerships with new processes being implemented on auto dealership’s websites to sell more vehicles. Philip Zelinger is the President of the national network of independent affiliated automotive advertising agencies linked through Ad Agency Online, L.L.C., (AAOL), and the host of the blog talk radio station featured on AdAgencyOnline.Net – WAAOL, All Automotive Advertising News All The Time. Philip reviewed an online transaction application, WideStorm, on his “Lunch With Phil Discussing Automotive Advertising” blog talk radio show during an interview with Todd Mathews, the National Sales Director for WideStorm, that aired on Tuesday, December 16th 2009. During the show Philip and Todd shared some best practices regarding the growing opportunities presented to auto dealers and consumers through the use of online transaction applications like WideStorm.



AAOL was developed as an online communication / distribution system for its affiliated automotive advertising agencies, production partners and select vendors that leverage their resources for their auto dealer clients. AAOL shifted their focus from conventional media to Internet based digital marketing with the development of AdAgencyOnline.Net in 2002. Philip explained that he has focused on reviewing and recommending applications being developed that “blur the line between the real and the virtual world.” Philip has been promoting the inevitability of online transactions for the past three years.
Philip discussed his reasons for promoting online transactions to his automotive advertising agencies as the next generation of online selling systems for their auto dealer clients, “The Internet has been proven to attract 93% of today’s auto shoppers. The consumer’s reliance on the Internet to provide information that was previously only available by visiting an auto dealership has already been established. The ability for consumers to bypass their local auto dealership when purchasing a new or used vehicle in favor of a less intrusive online experience at an auto dealer’s website has been limited to gathering information with the eventual need to visit a dealership to actually purchase the vehicle but applications like WideStorm allow the consumer to bypass the “hard sell” experiences that they experienced in the past that drove them onto the WWW to begin with. Technology has always paved the road for automotive advertising agencies to reach their targeted audience however human nature has always been the driving force and the Internet Super Highway isn’t any different. Customers would prefer to be in control, real or imagined, and online transaction tools like WideStorm allow them to do it their way.”



About Todd Mathews. National Sales Director


Todd Mathews has10 years of experience in the automotive retail and vendor markets. As a former VP of Sales for one of the nation’s leading digital marketing companies, Mathews understands the challenges—as well as the potential—auto retail dealers face daily with online marketing. Additionally, he served as the regional account manager for American Auto Exchange and as the Internet director for a large dealership in South Texas. Mathews graduated in 1992 from Texas State University with a bachelor’s degree in business.


The following article was provided by WideStorm to AAOL in advance of their review on WAAOL and it was posted on AdAgencyOnline.Net to provide some background details about WideStorm.



On-line Negotiation Set to Revolutionize Automotive Buying.


August 17, 2009 – Portland, Oregon.


Earlier this spring, a Portland, Oregon company, DealerPeak, piloted a revolutionary product called WideStorm. This service allows consumers and auto dealers to negotiate the car buying transaction entirely on-line. Dealers who have signed up for WideStorm can now allow shoppers that visit their dealership website to negotiate price, payments, financing terms and even trade values all on-line. When the dealer and the consumer agree on the terms of the transaction, the buyer simply comes in to the dealership to sign the paperwork and pick up their new vehicle. One of the tenets of the program is that it is “Risk Free”, meaning that if for any reason the vehicle is not what the buyers was expecting they are under no obligation to complete the purchase.


Now the program is in full swing with outstanding results. DealerPeak President, Jock Schowalter commented "This is an idea that is being driven by the consumer. Most consumers have had a frustrating experience when they’ve purchased their last few vehicles. Today there is too much stress and wasted time in the car buying process and on-line negotiation eliminates most all of that.” Schowalter went on to state “At first we didn’t know if consumers and especially Dealers would embrace on-line negotiation, but we quickly affirmed that negotiating on-line was a win-win for everyone. The dealers are seeing more leads come through their websites and are saving as much time as the consumer. They are also finding they make pretty much the same profit on the negotiation deals as they do on traditional showroom deals, which was an initial concern.”

It’s no wonder that General Motors and eBay (NASDAQ: EBAY) are piloting a car-selling partnership where consumers will be able to browse cars offered by GM and either buy them at a fixed price or make an offer and haggle. While WideStorm is the first program specifically for dealers, the GM initiative validates the opportunity to capture more buyers by providing a platform to negotiate on-line.


So far approximately 30 dealerships have signed up with WideStorm On-line Negotiation including such prominent groups as Ron Tonkin Automotive Group, Dick Hannah Automotive Group and select Penske Automotive stores. DealerPeak is also in discussions with major Manufactures about the on-line negotiation system.


DealerPeak is headquartered in Portland, Oregon and has hundreds of dealer clients throughout the United States. DealerPeak solutions include WideStorm On-line Negotiation, CRM, Websites, Desking, Digital Marketing and Transactional Websites that work seamlessly on a unified Web-based platform. This allows their dealers to reduce the number of vendors they deal with and drive cost out of their business.


For more information contact info@dealerpeak.com or 877 604 3569 or see www.widestorm.com



About Philip Zelinger


Philip Zelinger is the President of Ad Agency Online, LLC and founder of AdAgencyOnline.Net. He invested 25 years as a General Manager and Dealer Principal followed by his last ten years in the automotive advertising industry learning from the teams that he built so he can now presume to teach on forums like AdAgencyOnline.Net. His role as a “Dealer Coach” is enhanced by his hosting a nationally recognized auto industry social networking portal and blog talk radio station – WAAOL, All Automotive Advertising News All The Time. As the author of two books on the auto industry, including “How To Sell A Car – a Career Guide to The Automobile Industry,” he is a recognized authority on market trends and developing technologies with the responsibility of selecting key vendors and applications for his dealer clients as well as forming strategic partnerships for his vendor clients to leverage their shared resources to help them bring their products and services to market.
Comment by Todd Mathews on November 22, 2009 at 8:03pm

Comment by Todd Mathews on November 5, 2009 at 3:27pm

Comment by Todd Mathews on November 5, 2009 at 3:27pm

Comment by Todd Mathews on November 5, 2009 at 3:26pm
Digital Dealer was a big success for On-line Negotiation

http://www.dealerrefresh.com/digital-dealer-7-nashville-review/#mor...
Comment by Todd Mathews on August 8, 2009 at 7:43pm
Comment by Todd Mathews on July 31, 2009 at 3:08pm
Feldmann Imports gains 367% ROI with widestorm

Yes, that is correct, we have a 367% ROI on widestorm leads. We have sold 13 vehicles and are closing 42% of the valid leads we are recieving!
Widestorm was proven to be quite a successful tool here at Feldmann Imports. We are a Mercedes and Nissan store with an amazing used vehicle inventory. We carry a variety of pre-owned imports and are one of the few Mercedes dealers in the area.
I am interested to see what other dealers percentages are with Widestorm.

If you are not with Widestorm and are just researching it, I would highly recommend this tool.




Angela Martin
Internet Sales Director
Feldmann Imports
952-837-6461
4901 American Blvd. W.
Bloomington, MN 55437
angelam@feldmannimports.com
www.feldmanns.com
 

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