Know the secret to high profit automotive advertising
Know The Secret To High Profit Automotive Advertising
We recently saw an interview with US Idol’s Simon Cowell that drove a serious point home because it relates to the success and failure of car dealerships. This concept may be life changing for you, therefore bear with me for some time while I set the scene.
The interviewer was reminiscing of the days when US Idol was jut measly plan, rather than an American icon. Simon made the purpose that no-one thought that a talent show where the general people decides who wins would be successful. “Perhaps that is exactly why it had been successful,” Simon explained.
Did you catch that! What an easy, nonetheless good, concept that is. American Idol was so outrageously successful specifically because nobody thought it was possible. In alternative words, it was a risk for everyone involved.
The power to take risks is that the one amongst the key factors that sets apart rich dealers from poor dealers who constantly struggle to turn a profit year after year.
Risk is inherent in business. To even get started in business may be a risk. And definitely getting off the bed every morning is risky. However the kind of risk Simon and therefore the producers of American Idol took is different than the kind most folks sometimes endure.
When huge production firms, record execs, and broadcast networks get along to supply a show, they are continuously risking money. And massive deal-they have lots of it. One show succeeding or failing does not very build a distinction in the grand scheme of things for these big companies.
But this totally different kind of risk looks to transcend money. It goes straight to the core of who we are as intelligent beings: our ego.
Simon and the gang had plenty of cash to risk. The real leap of religion, though, was the potential ridicule they faced. Their name was on the line. Their strength was in the flexibility to keep going and focus their eyes on the massive things that lie ahead…that was really all the encouragement they required to face the naysayers and proceed with the event of the show.
Marketing a business or yourself is really no different. If you were to develop and refine a marketing campaign that was very successful and then ask all your friends, family, neighbors, customers, etc. what they thought of your campaign, you would notice that nobody really liked the factor anyway.
It’s essentially the same way the “gurus” and other self-proclaimed marketing specialists shot down USA Idol. They all said it would flop-that no one would watch such a show. They felt the show was a large waste of cash and encouraged them to quit while they were ahead.
But if you only get one thing out of this article, I need you to understand effective automotive marketing isn’t about what individuals like. Of course, effective marketing typically stings. It hurts. It makes you uncomfortable enough to maneuver….and eventually take action!