In today’s competitive automotive landscape, your dealership’s Business Development Center (BDC) efficiency is more crucial than ever. With rising costs and the complexity of managing customer interactions, having the right tools and training can make all the difference. In this edition of Driving Solutions, we sit down with Scott Davis, President and Co-Founder of Volie, to discuss how his innovative BDC software is transforming dealership operations nationwide.
Key Takeaways
1. Volie’s BDC software, utilized by over 750 dealerships across the U.S., replaces outdated systems with a comprehensive platform that includes data management, call center integration, and real-time dashboards. This system is designed to make dealership BDCs more efficient, reducing the reliance on manual processes and enhancing overall productivity.
2. The software significantly boosts agent efficiency, allowing dealerships to manage a higher volume of inbound and outbound calls with fewer resources. Some dealerships have seen a reduction from 32 to 17 agents while increasing their call volume sixfold. This efficiency directly impacts the dealership’s bottom line by converting more leads into appointments.
3. Additionally, Volie’s data-driven approach emphasizes the importance of maintaining customer loyalty through consistent follow-up. The software’s ability to monitor and manage inbound calls, track drop rates, and ensure callbacks result in a higher percentage of service appointments, improving customer satisfaction and retention.
4. According to Davis, Volie conducted a comprehensive study analyzing 25 million calls, offering valuable insights into BDC performance. Key findings include:
- The importance of keeping promises to customers.
- The impact of adequate status checks.
- The measurable benefits of outbound call campaigns in driving service appointments and customer engagement.
5. Moreover, Volie is continuously evolving, with plans to further integrate AI to enhance BDC operations’ efficiency and effectiveness. Upcoming features include advanced call scoring, feedback mechanisms, and enhanced AI-driven customer interaction tools, all aimed at doubling the platform’s current efficiency gains.
"Every 1% reduction in drop rate equates to 50 extra service appointments per 10,000 calls. That’s a significant impact on the dealership's bottom line and a testament to the effectiveness of our platform." - Scott Davis.