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Make more informed decisions by learning from our experience
Dealers have a lot of valuable data, from business insights to financials and data about their customers and employees.
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Cyber liability insurance, like all insurance, is something you have to have that you never want to use. And the more secure systems you can put in place, the more likely it is you can get coverage with affordable premiums. This Ebook outlines the basics of cyber liability insurance.
Boomers, Gen X, Millennials, Gen Z and now Gen Alpha. Each age group is marked by its attitudes, its beliefs and its habits.
Phishing is more prevalent then ever in our industry. Employees need to be aware of this threat to help keep your dealership safe. This infographic will help them recognize some common phishing attempts.
Less inventory to sell also means that many salespeople are sitting idle right now. Why not put them to work sending targeted emails to customers and prospects?
Sales can be spectacular, but Service is what keeps the lights on. And with pandemic-related chip shortages, supply chain issues and inventory challenges, Service business is booming.
When markets are tight, inventories are short and prices are high, active customers will buy a vehicle from any dealership that has one available.
The Federal Trade Commission (FTC) announced a change in the fall of 2021. The Safeguards Rule, which was created to protect customer financial data, would be expanded to include non-financial institutions that conduct financial transactions, including auto dealerships (that contain over 5,000 customer records). By now, almost all dealers are familiar with these requirements of the FTC Safeguards Rule.
As dealerships grow and connect more devices to their network, the risk of a cyberattack increases exponentially. Getting to know some cybersecurity basics and putting them into practice will help you protect your dealership.
Videos and texts are a perfect pair. Videos keep customers engaged and help build rapport. Texts deliver information fast and are hard to ignore. We’re conditioned to listen for that “ping,” so it’s no wonder 90 percent of texts are read within three seconds.
