Professional Community for Car Dealers, Marketing, Advertising and Sales Leaders
Have you ever noticed how the market values dealerships versus how it values Software as a Service (SaaS) businesses that derive income from the same automotive revenue stream? SaaS businesses such as CDK trade at mid-20x P/E ratios while dealers trade at 4-6x operating profit.
One major reason for this…
ContinueAdded by Scot Eisenfelder on October 19, 2018 at 7:11am — No Comments
There’s a lot of buzz around subscriptions as a new ownership model, with various industry pundits forecasting major disruptions for dealers. I see things differently.
I believe there are several major barriers to subscription growth for non-dealers, and opportunities for dealers to thrive, should…
ContinueAdded by Scot Eisenfelder on August 17, 2018 at 6:54am — No Comments
There’s a huge push going on across the nation for subscription-based vehicle services.
First introduced by manufacturers, more than a few dealerships have rolled out similar services for their customers. The general concept is that a consumer can pay a flat-rate monthly fee to drive a vehicle of…
ContinueAdded by Chris Miller on May 8, 2018 at 6:23am — No Comments
While the struggle to decrease unrepaired recall vehicles on the road…
Added by Chris Miller on January 5, 2018 at 6:00am — No Comments
Added by Scot Eisenfelder on December 15, 2017 at 5:30am — 1 Comment
Check it out folks...
Just hit the newswire folks… 9:00pm PST
TrueCar Launches National Compliance Campaign and Pro-Industry Product Changes
Sweeping changes include a more balanced advertising approach, revised billing model in some states, consumer membership program, and formation of a Dealer Advisory Council
SANTA MONICA, Calif., Jan. 16, 2012 /PRNewswire/ — TrueCar, Inc., which is devoted to bringing innovation to the car buying…
ContinueAdded by Arnold Tijerina on January 15, 2012 at 9:31pm — 20 Comments
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