Showing posts with label good habits. Show all posts
Showing posts with label good habits. Show all posts

Saturday, 2 November 2013

3 sure tips that put your car dealership ahead of competitors.

     Remaining competitive is one important area every serious business owner needs to concentrate on. You can even dominate the market place. If you do, you gain huge sales, profitability and general success to the business.
     To get ahead of your competitors and dominate the market, here are 3 sure tips that put your car dealership business ahead of competitors you can use.
    
     1:KNOWING YOUR CUSTOMER:- We have always heard phrases like "the customer is always right", "the customer is king", etc. This is especially true for car dealerships. So why don't you try and know what the king wants. The best thing to do is to give him what he wants so that you can remain in business. This is because he has the power to do and undo your business success. Be a pioneer ( by being innovative and creative ) in understanding what the customer wants. Be sure that your customers get the 'wow experience' with you. Let all the cars you sell at your dealership have quality and style. Let those that buy your cars feel good and they will surely come back. Instead of being a copy-cat, let your customers copy you. A lot of things are happening in the car dealership business world today that people are reacting to. This is because a few dealerships are creating a standard style to stay ahead in competition. Customer wants are always changing so be knowledgeable, always research and study to know what's new in the industry.

     2:-ALWAYS ADJUST:- "Change is the only constant thing in life". Because this is true, be ready to adjust to all change demands of your customers. Don't say that's how you met things or that's how they are done in other places, so you have to leave it like that. If you leave it like that, you might not be meeting the demands of your customers. Once they know you will not change with their demands, you are out of business, because they are the reason you are in business in the first place.
     Always look at what products your competitors have in stock, the price they are charging, what value they add and what features customers are asking for. Is there a gap in a particular area of your market?

     3:-BE SMART:- Most companies have standard modes of operations. This is what gives them their own techniques and strategies for staying ahead in business. You must create and implement modes of operation that will give you an edge in the car dealership industry.
     Competitors are often predictable. They might compete with price or quality. You have to be smart to find out what your competitors are up to. So get really involved in your industry's community, know what is going on, don't just be an observer, participate in the community.
     Having an ear to the ground often has a lot of merit. When you know the competitor's strength and weaknesses, you can beat or counter their offers.
     By looking at their websites, other people's websites and requesting data from places like companies house and libraries, you can discover much about your competitors without commissioning a new research project. This is possible because some companies accomplish feats and place them in libraries for generations to see.
     In conclusion, remember, gaining the market leader position brings huge sales, profitability and success. So use these 3 tips that put your car dealership ahead of competitors and watch yourself become the market leader.
     Please post your comments or other tips. You are welcome to do so. Till next week.    

Saturday, 26 October 2013

5 important habits for the car dealership owner to get your business to the top.

     Welcome reader, This week, we are going to look at the issue of habits. There are important habits for the car dealership owner to get his business to the top and I shall look at 5 of them.
     Having good habits is a must for car dealership business success. It is clear that the only difference between successful car dealership businesses and unsuccessful ones lies in the differences of their habits. Therefore it is a must to create and have good habits.
     People usually become slaves to their habits. Bad habits such as procastinating, lying, improper management of time etc.How do we change these habits? I think only a habit can subdue another habit. Therefore, the only way to change a bad habit is to replace it with a good habit. Here are 5 habits you can use to replace your old bad habits.
    
     1:- SINCERITY:- As a car dealership business owner, there are a lot of things you need to be sincere about. You need to be sincere about which habits you need to change. you even need to be sincere about your intention and reasons for needing the change of habits. And you also need to be sincere in your implementation of the changes. I've mentioned sincerity in relation to habits only, because it is the topic we are looking at.
    
     2:- INCREASING SELF VALUE:- This is what psychologists and business experts use the word 'personal development' to refer to in relation to development of self-awareness, talents and identity. This is often for the purpose of progressing towards achieving some overall life goal. A successful, ambitious car dealership owner may develop himself further in order to advance some of his business goals. The importance of self development rests simply on the fact that people are capable of being more, doing more and having more whenever they improve themselves. Greater personal health, stability and ability can lead to better opportunities and to an increased state of happiness and satisfaction with life.
    
     3:- MANAGE YOUR TIME:- Time management is another positive habit that is a must for success in our car dealership businesses. We have so many obligations and commitments outside our business, eg, family activities. Sometimes, they make us overlook our business commitments without noticing it. Therefore, it is important to draft a daily time allocation schedule for your business and your personal life. Know that income producing activities are tasks that generate money into your business.
    
     4:- COMMUNICATE:- By saying communicate, I mean you should interact. Interaction in car dealership business puts an end to confusion. To enjoy consistent progress in your car dealership business, there should be a spirit of communication in the system. Many start-ups fail because of tiny communication mistakes that could have been easily handled by the team. This is not uncommon in the car dealership business world. Some of the top companies out there are there because they have very great interaction systems.
    
      5:- ALWAYS TAKE ACTION:- I have left action taking for last because, taking daily action is the most important habit a car dealership owner can create and develop. Having the positive habit of taking daily action is the only bridge between our inner world and our outer world. Our outer world is simply the results of what we have in our inner world expressed outwardly. Our inner world consists of our thoughts and feelings that create our goals and dreams. Action is the bridge between the goals of our inner world and the results of our outer world. It is a fact that the habit of daily action is the only factor that determines the value of our car dealership business. You may be one of the smartest, most intelligent or most educated people in the world, if you do not have the habit of daily action that puts what you learn and what you know into action, nothing is going to happen in your car dealership business. Success in any area of life is all about habits. Develop these habits today!
     There you have them, my own 5 important habits for the car dealership owner to get his business to the top. Please feel free to add your comments and habits you think should be included.