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@ Automotive_News for breaking news / autonews for photo galleries Linkedin for company news While you wait, visit Automotive News online: + automotivenews for daily newscasts This webinar will begin momentarily. Where’d My Car Buyers Go? How Mobile Shoppers Make Purchase Decisions. Presented by:

Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

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Page 1: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

@Automotive_News

for breaking news

/autonews

for photo galleries

Linkedin

for company news

While you wait, visit Automotive News online:

+automotivenews

for daily newscasts

This webinar will begin momentarily.

Where’d My Car Buyers Go?

How Mobile Shoppers Make Purchase Decisions.Presented by:

Page 2: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

WELCOME

Jim Treece

News Editor

Automotive News

Page 3: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

NAVIGATION TIPS

To submit a questionProvide

feedback

- For a better webinar experience, we recommend closing email and other open

programs/browsers, as these applications may cause glitches in the steaming audio.

Page 4: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

4

How mobile shoppers make purchase decisions.

Presenter: Jason Jewert

Where’d My Buyers Go?

Page 5: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

5

Mobile is fueling modern shopper

expectations. Millennials are

leading the way.

Page 6: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

6

77% of Americans Have a Smartphone

Sources: Mary Meeker Internet Trends Report and Pew Research, January, 2017

Sm

art

ph

one

Su

bscrip

tio

n P

en

etr

ation (

%)

Page 7: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

7

87% of U.S. Millennials Say Their Smartphone

Never Leaves Their Side

Source: Mary Meeker Internet Trends Report, May 27, 2015

Page 8: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

8

First Generation of

Digital Natives –

Millennials are Trend

Setters. They Influence

ALL Consumers.

Page 9: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

9

Millennials Want Convenience and Flexibility

They want to be able to make

purchases, use social media,

chat with friends, do online

research and pay for products

– on their mobile devices.

Source: Forbes 2017: How Millennials are changing retail patterns

Page 10: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

10

Buying a Car Should Be as Easy as Buying a Coffee

71% of car buyers use

mobile during the

purchase process*

*Source: Facebook: Under the Hood: Mobile-First Auto Consumers – January, 2016

**Source: Google/TNS Global Auto Shopper Study, 2015

***Source: Google Drive to Decide, 2016

50% of car buyers would

consider an online purchase,

either now or in the future***

40% of the time consumers

spend shopping for a car is now

conducted on a mobile device**

Mobile devices change purchase behavior and drive

consumers to expect convenience.

Page 11: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

11

Mobile is Fueling Faster Purchase Decisions

Amount of time needed to collect information,

from start to final purchase

within 2 months within 3 months more than 3 months

Source: Google Drive to Decide, 2016

Page 12: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

12

How are you finding

mobile car buyers?

Page 13: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

13

Search is Where Most Research Begins

Online research starts with:

***Source: Google, February, 2017

Search engines

Dealer websites

Manufacturer websites

Vehicle review sites

Comparison websites

Source: Google Drive to Decide, 2016 70% of all automotive queries on Google

come from a mobile device.***

32%

14%

14%

14%

7%

Page 14: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

14

What Makes Paid Search More Effective?

Think mobile first

Source: Google Trends and Best Practices 2017

o Keep your Google My Business info up to date

o Stay on top of your reviews

o Connect your Google My Business and

AdWords accounts

o Enable click to call, text and chat

o Include offers in ad copy

o Use expanded text ads

o Use site links

Page 15: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

15

Reach More Mobile Buyers with Facebook and Instagram

20%of their mobile minutes

on Facebook &

Instagram.

Source: ComScore Key Measures

and Mobile Metrix US

Every day,

people spend

Page 16: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

16Source: Fluent, Marketing to Millennials, 2016

Facebook is the Top Social Network For All Generations

Page 17: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

17

Facebook and Instagram Engage More Millennials

More than any other social media network – by far!

Digital Audience Penetration of Leading Social Networks – Age 18-34

Source: KPCB Internet Trends, 2016

% Reach Among 18-34

Page 18: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

18

Streaming Video is the New TV

Over half of online video is consumed on mobile devices

Sources: The Media Briefing 2016 & eMarketer 2016

Page 19: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

19

Car Buyers Watch Streaming Video

97% take action after watching a video

watched videos Researched more online

Searched a dealership’s inventory

Visited a dealership

40%

42%

46%

Actions taken after watching video

Page 20: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

20

Maximize Your Mobile Advertising Effectiveness

Of advertisers plan to

scale back or eliminate

TV spend.

Source: Borrell Research April 30, 2016

o Think mobile first with paid search

o Reach mobile buyers on Facebook

and Instagram

o Advertise in apps

o Shift ad budget from TV to streaming video

o Optimize across channels in real time to

drive results

o Bid more for “likely buyers”

Page 21: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

21

You invest a lot in

advertising. How do

you drive conversion

when shoppers land

on your website?

Page 22: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

22

Consumers Use Mobile to Find Dealer Information

of users conducted

a dealer-related

action

Source: Google Top Automotive Trends 2016

Viewed current offers

Compared features

Located a dealership

Viewed images

Searched dealer inventory

Looked for promotions/coupons

Called a dealership

Requested a quote

Contacted dealer other than calling

Read dealer reviews/ratings

39%

37%

35%

33%

32%

32%

32%

28%

28%

28%

Page 23: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

23

More Consumers Rely Exclusively on Mobile

Future trends indicate shopping on multiple devices will continue to grow, while

desktop/laptop only users will continue to decline

0

5

10

15

20

25

30

35

40

45

2015 2016 2017 2018 2019 2020

Mobile Only

Desktop/Laptop Only

Source: eMarketer, Aug 2016: Internet Users by device, in millions

81%Dual desktop/laptop and

mobile internet users

Page 24: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

24

How is Google Responding?

To make our results more useful, we’ve begun experiments to make our

index mobile-first. Although our search index will continue to be a single

index of websites and apps, our algorithms will eventually primarily use the

mobile version of a site’s content to rank pages from that site, to

understand structured data, and to show snippets from those pages in our

results. Of course, while our index will be built from mobile documents,

we’re going to continue to build a great search experience for all users,

whether they come from mobile or desktop devices.

Source: Google Webmaster Central Blog, 11/4/2016

Page 25: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

25

Are You Set Up For Success?

Source: Google Developer Guidelines

o Design with a mobile first strategy

o Utilize responsive design that changes

based on the size and capabilities of the

user’s device

o Ensure the content on your site is the

same regardless of device type

o Don't make users pinch-to-zoom to see

content and images

o Ensure site search results are relevant

o Keep calls to action front and center

Page 26: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

26

Inventory and SEO

SEO schema is important for inventory engagement on search engines

o Google’s goal is to present a unique search result view to each person

searching

o Customizing the page title and description search result based on the

keywords used is the search

o To process information quickly, Google has said that websites should

present information in “structured data with schema”.

o Make sure your provider is using structured data schema markup to ensure

relevant SEO results for model specific searches

Page 27: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

27

Inventory and SEO

Organic

Organic

Third Party

o Search on a mobile

device for 2017 Lexus

CT 200h Woodland

Hills CA

o Results return model

specific results on

page 1

o Ahead of listings from

3rd parties

o Results link to a

dealer VDP

Page 28: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

28

Enable Decision Making on Mobile

o Real photos with more interior shots

o Unbiased news and reviews

o Clear, honest pricing from ethical

dealerships

o Opportunity: Only 58% of mobile websites

analyzed included actual photos

Source:Jumpstart/Ipsos Car Buyer Research, June, 2016 /:

Research found that consumers are looking for authenticity and “realness”

Page 29: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

29

Website Content Changes

Make edits with mobile in mind

This example shows an editor with the ability to toggle between desktop and mobile.

o Google looks for content based on

mobile device to determine

indexing and ranking

o Responsive solution to allow

building Mobile First pages

o Utilize tools that allow you to view

changes to your website in both

mobile and desktop views

o Easily visualize the mobile

experience

Page 30: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

30

Ensure Your Website Includes

o Responsive design that allows for the same content across all device types

o Google-friendly, mobile first dynamic content structure

o Design that provides a great experience for mobile users and makes it easy

for them to complete their desired tasks

o Appropriate font size and scaling, no pinch and zoom

o Ability to design pages with a mobile view

Page 31: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

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Moving Customers through

the Sales Process Online

Page 32: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

32

17 out of

4,002prefer the current car

buying process, as is.

Page 33: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

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Page 34: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

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Page 35: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

35

Change in Automotive Retail Is Driven by Technology

The impact Amazon vehicles could have in digital

auto retail (Oct. 2016)

“Those guys have been doing e-commerce … and this is one of their

first steps into automotive. I would definitely say the door is open

for them to move into more transactional offerings outside

of just the reviews.”

Amazon will let Italians buy Fiat cars with a click

(Nov. 2016)

“Amazon is partnering with Fiat to let Italian motorists buy the

500, 500L and Panda on the web at discounts up to 33 percent

greater than seen at retail.”

Another batch of Silicon Valley startups takes on

car retailing (March 2016)

“Silicon Valley has come back to the dream of e-commerce for cars

with a vengeance. According to CrunchBase, a website that tracks

startup funding, four online marketplaces for used cars – Carvana,

Shift and Vroom – have raised $530 million

since 2013.”

Page 36: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

36

Automotive Retail is Not Immune to These Changes

Consumer expectations are changing

faster than anyone thought…

Transportation is not only rooted in

“owning” a car anymore

Experiences trump ownership with

Millennial generation

Page 37: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

37

Page 38: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

38

4 Millioncars and trucks

purchased by

Millennials in 2015.

Source: JD Power, Power Information Network

Page 39: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

39

86%will choose a

dealership with Buy

Online features over

one without them.

Page 40: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

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Page 41: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

41

21%of Americans would

purchase a car

completely online.

Page 42: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

42

What You Can Learn From Amazon

Page 43: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

43

eCommerce Pilot Performance

Engagement is building and dealers are making money!

Ecommerce monthly

visitors since August (with relatively flat website

traffic)

5x

Of VDP views from

ecommerce shopperseven though they account

for 9.5% of shoppers total.

28%

Inventory searches

per ecommerce

Shopper in January All shoppers did 2.12

5.2

Times ecommerce

users visit dealer site All shoppers visited 1.05

times.

2.05Avg. time in

ecommerce tools Versus 3:57 spend on

websites.

7:23

*Based on pilot

Higher Gross per leadat ecommerce pilot dealers.

Compared to other internet

leads

82%

Page 44: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

44

No Matter What You Do, Remember This:

o Millennials are influencing consumer shopping behavior

o Mobile First: Just like Google, tailor the experience to how customers are

shopping

o Evaluate e-commerce options. Just like Amazon. Do you have the tools

available on your website to help customers make a purchase?

o What’s different now? Consumers still want to come to see you, but what

will happen 5 years from now?

Page 45: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

45

Thank you.

Page 46: Where’d My Car Buyers Go?...Source: Google Trends and Best Practices 2017 o Keep your Google My Business info up to date o Stay on top of your reviews o Connect your Google My Business

THANK YOU

The recorded webinar will be available for 12 months at www.autonews.com/powertraining.

You will receive an e-mail when it is available.

Email additional comments/questions to [email protected].