Selling Cars on Zoom – Part 3

legal updates

Slowly but surely, selling cars remotely via Zoom is gathering traction.

Read our disclaimer keyboard_arrow_down

This website content is intended as a general guide to law as it applies to the motor trade. Lawgistics has taken every effort to ensure that the contents are as accurate and up to date as at the date of first publication.

The laws and opinions expressed within this website may be varied as the law develops. As such we cannot accept liability for or the consequence of, any change of law, or official guidelines since publication or any misuse of the information provided.

The opinions in this website are based upon the experience of the authors and it must be recognised that only the courts and recognised tribunals can interpret the law with authority.

Examples given within the website are based on the experience of the authors and centre upon issues that commonly give rise to disputes. Each situation in practice will be different and may comprise several points commented upon.

If you have any doubt about the correct legal position you should seek further legal advice from Lawgistics or a suitably qualified solicitor. We cannot accept liability for your failure to take professional advice where it should reasonably be sought by a prudent person.

All characters are fictitious and should not be taken as referring to any person living or dead.

Use of this website shall be considered acceptance of the terms of the disclaimer presented above.

Slowly but surely, selling cars remotely via Zoom is gathering traction.  We are in active discussions with retailers about supporting the creation of a ‘Zoom Room’, ensuring their sales teams avoid the most common Zoom mistakes and how they can convert business in a seamless manner by deploying key strategies.

It would seem that we are quickly gravitating towards a day when at least one person in the showroom spends their day in the ‘Zoom Room’ converting business and maintaining customer relationships.

For those that are yet to be convinced, which by the way, is perfectly understandable, here are 3 compelling facts that will help you take another step towards the future of automotive retail.

Compelling Fact No.1 

According to Deloitte, 18% of prospects have no intention to visit a showroom when they buy their next vehicle.  

So, as things stand, this type of buyer can make contact via telephone, email, live chat and possibly a bot.  All of which have the capacity to progress sales to a successful outcome.  However, could the conversion ratios be improved?  Well, according to Gong.io, they can be improved significantly as the following statistic demonstrates.

Compelling Fact No.2

Based on analysis of 121,828 sales interactions, Gong.io, reported a 41% increase in sales conversion when using webcam-based selling e.g. Zoom compared to using selling which didn’t involve a webcam e.g. the telephone, live chat and email.

Proof (if it was needed) that turning your webcam on and having synchronous sales video calls via Zoom closes sales.

Compelling Fact No.3

Autotrader have recently stated that 33% of prospects are nervous about visiting dealerships.  This clearly isn’t preventing all of them from visiting dealerships, however, what if 10 – 15% were now trying to buy their next vehicle remotely?  It would appear that selling via Zoom is the next best thing to having an in-person conversation in the showroom.

In the final analysis, selling via Zoom isn’t about selling to the prospects that are visiting your showroom, it’s about selling to those prospects that aren’t visiting your showroom.

Virtual selling will become the new reality, which begs the question; are you ready?

Profit BoxDevelop your people like your business depends on it

What most people don’t know is that talent development doesn’t have to be complicated, high risk or expensive. Once they integrate key development stages, the results can be remarkable. Empower your team. Lead your industry. We’re your strategic learning partner, driving performance by moving skills forward.

Nick HortonSales Trainer/Keynote SpeakerRead More by this author

Related Legal Updates

Avoiding the Curse of Complacency

As Brian Quinn, the late co-founder of Supagard would often say “the time to feel uncomfortable is when you feel comfortable”.

Selling Cars on Zoom – Free Webinar

Zoom can be used within the showroom to improve productivity and results.

Selling Cars on Zoom – Part 2

It seems that nobody is exempt from the need to adapt to a virtual space that provides safe and efficient channels of communication.

Selling Cars on Zoom – Part 1

To remain competitive and ahead of the competition, automotive retailers must shift the way they engage prospects.

Selling Cars by Video – Part 2

Following on from the first 4 unwitting mistakes outlined in the previous Legal Update, here are the remaining 4…

Selling Cars by Video – Part 1

Video has the ability to become a highly beneficial business tool that facilitates sales and increase profitability.

COVID-19: Will Your Attitude Test Positive When You Return to the Business?

Now is the time to look beyond the chaos, tap into your brilliance and believe in yourself.

Get in touch

Complete the form to get in touch or via our details below:

Phone
01480 455500
Address

Vinpenta House
High Causeway
Whittlesey
Peterborough
PE7 1AE

By submitting this quote you agree to our Terms & Conditions and Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.