In this inaugural 2024 edition of DealerCast, hosts Fred Lennart and Larry Bruce tackle the critical issues impacting car dealers today, including inflation and the challenges of inventory management. They dive into the repercussions of inflation on the stock market, interest rates, and operational costs for dealers. Emphasizing the urgency for dealers to scrutinize their spending and inventory strategies carefully, they offer innovative solutions for managing aged inventory without the need to resort to price drops initially. Highlighting the importance of proactive measures, they discuss utilizing incentives for sales teams, equitable inventory management, email marketing, and leveraging paid advertising budget towards aging stock to enhance sales and maintain profitability.
🎙Episode Highlights:
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Website: https://psxdigital.com/
LinkedIn: https://www.linkedin.com/company/psxdigital
Facebook: https://www.facebook.com/PSXDigital/
Instagram: https://www.instagram.com/psxdigital/
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In this inaugural 2024 edition of DealerCast, hosts Fred Lennart and Larry Bruce tackle the critical issues impacting car dealers today, including inflation and the challenges of inventory management. They dive into the repercussions of inflation on the stock market, interest rates, and operational costs for dealers. Emphasizing the urgency for dealers to scrutinize their spending and inventory strategies carefully, they offer innovative solutions for managing aged inventory without the need to resort to price drops initially. Highlighting the importance of proactive measures, they discuss utilizing incentives for sales teams, equitable inventory management, email marketing, and leveraging paid advertising budget towards aging stock to enhance sales and maintain profitability.
🎙Episode Highlights:
🤳 Follow Us:
Website: https://psxdigital.com/
LinkedIn: https://www.linkedin.com/company/psxdigital
Facebook: https://www.facebook.com/PSXDigital/
Instagram: https://www.instagram.com/psxdigital/
X: https://twitter.com/powersportsx