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3 Ways to Leverage CRM Integration for Automotive Retail Success

3 Ways to Leverage CRM Integration for Automotive Retail Success

Customer Relationship Management (CRM) software is designed to help companies manage their many customer relationships in an effort to improve overall profitability. According to a report by Grand View Research, the global CRM market is expected to reach over $90 billion by 2028.

Dealerships leverage many types of business management tools including CRMs and Dealer Management Systems (DMS). The challenge is getting those robust systems to talk to each other in real-time.

The Automotive CRM is intended to provide data intelligence relating to all customer touchpoints throughout their buying journey. From inbound website leads to the first pencil and vehicle purchase all the way through to continued customer retention marketing to ensure ongoing dealer engagement, the CRM serves as the source of truth for customer interactions with your brand and is an important business tool to be able to leverage at a moment's notice.

The obstacle often facing many automotive CRM solutions is that they need to integrate with legacy dealer software systems that tend to operate in silos, which can lead to serious business efficiency issues such as duplicate data, manual entries, operational roadblocks, and stressed productivity. This coupled with already time-consuming business operations processes will put a strain on your business.

So how do you crush these obstacles?

By leveraging the power of API Integrations.

Strong integrations have the power to turn tedious manual processes into fluid system automations and messy metrics into actionable insights making your CRM an incredibly powerful business tool.

CRM integration enables you not only to manage your business’s contacts, but it also facilitates cross-team communication, supports complex process automation, lead management, mobile paths/SMS, and even advanced data mining capabilities with increased profitability.

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3 Ways to Leverage CRM Integration for Business Success

1. Sales

In Sales, your pipeline is everything and the data generated is driving revenue for your business. Your Sales Team needs real-time information to ensure they’re consistently hitting their revenue goals. If they are only learning at the end of the quarter that they’re behind, it’s too late to be able to do anything about it.  

Strong CRM integrations can provide real-time data to give you accurate insight into your business’s revenue forecasting, estimating, and overall business growth, and accurately predict business. 

With clearer visibility into cycles, you can hold your teams accountable and move the needle forward for your business with data driven decisions.Leverage CRM Integration for Automotive Sales2. Service

Customers who lease cars are responsible for regular vehicle maintenance provided by the dealerships service department. An automotive CRM integration ensures that all internal teams are equipped with accurate, real-time customer information to provide a timely service experience for the customer while simultaneously creating future upselling opportunities for the dealer.

CRM integration enables complete system interoperability from service appointment booking to point-of-service to parts sourcing to warranty monitoring and more.Leverage CRM Integration for Automotive Service3. Renewals

So you’ve got a healthy pipeline and are continually adding new customers, but how's your existing customer retention?

Strong renewal cycles are supported by building a solid rapport with existing customers, cultivating customer loyalty through personalized experiences, and better real-time analytics.

A truly integrated CRM supports your internal teams by saving them time. Replacing manual data entry with automation such as reminders for time-sensitive renewals so team members can better align themselves with leasing life cycles, coordinate seasonal check-ins, engage more customer interactions, and follow up on necessary approvals.Leverage CRM Integration for Automotive RenewalsWhen businesses are enabled with the right data connections their Sales team can identify in-market leads and engage earlier in the buying cycle. Getting actionable insights at the right time can help turn data into deals and deals into long-time customers. Additionally, advanced reporting views can support leadership by ensuring they are taking advantage of every opportunity presented to them in an ever-changing digital marketplace.

The Motive Integrator Suite can tie data silos together and ensure a seamless connection across all integrations for your business, while allowing your employees to focus on value-added tasks. If you want to grow your business across the digital landscape in 2022, contact us to discuss how our dedicated team of experts can help empower your integrations and maximize ROI.

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