Finance & Insurance 101 Article
                                    

The Most Powerful Weapon in your Arsenal Article
 

 Parts and Accessories Suggestive Selling

BUYING STRATEGIES

 

 

WALK-IN TRAFFIC COURSES

 

 

 

 

 

PROSPECTING

 

 

 

 

SERVICE DEPARTMENT COURSES

 

 

by Dealership University

The Parts and Accessories Department can be one of the most exciting places to work in the dealership. After all, the busier you are, the more fun you have, and the more money you make! The P&A department is often referred to as the hub of the dealership. This is because the P & A department usually gets more walk-ins and telephone calls than any other department.  The challenge is that the counter gets so busy that we can sometimes lose focus and not remember that we are really in the business of selling product, not just taking orders! 

Lets take a look at some basic fundamentals we can follow to increase our sales, make more money, and develop happy loyal customers. The first step of selling is always an enthusiastic greeting.  First impressions are critical, so be sure to smile, introduce yourself, and get your customers name. Calling your customer's by name is a small detail, but an integral component to developing rapport. 

After the introduction, begin interviewing your customer to determine exactly what it is they are looking for. Try open-ended questions These are questions that cannot be answered with a "yes" or "no". For example “What kind of bike do you have?”  Then move on to "Either Or" questions. These are great questions to help your customers make decisions. “Are you looking for a full faced helmet or open faced?” 

Next is the presentation of the product. Did you know that 80% of the buying decision is made during the presentation?  A strong presentation/demonstration will not only be a huge factor in the buying decision, but will re-enforce the value of the product which creates higher margins, and reduces the number of discount requests. 

If the current average invoice amount  in your dealership is $55, and each associate creates 130 invoices per week; that equals $7,150 in sales per associate. By learning how to do a strong introduction, interview, presentation/demonstration, and asking for the sale, you could easily increase your average  to $75 per invoice. Additionally, by coming out from behind the counter and developing relationships, you increase your number of invoices to 150. 150 invoices x $75 per invoice =$ 11,250 per week per person! That’s over 4k increase per week per person.

Utilize suggestive selling in your dealership and increase total Parts & Accessories sales and margins and make more money!

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