For 12 years, CBT News has been the auto industry's
#1 source for auto industry news, content, coaching & analysis
Home Tags Business

Tag: Business

loyalty customers

7 tips to build customer loyalty

0
It’s no secret that customer loyalty is key to any business. Acquiring new customers is pricey and time-consuming, so most businesses work to find...
female

10 best practices to hire and retain female employees at your...

0
One study reveals that a little over 26% of the workforce in the automotive industry, including manufacturing, are roles held by female employees. With...
fleet

How to serve fleet customers while sales are down

0
A recent study by Cox Automotive showed that fleet sales are down 20% from 2020. With this lack of sales, your dealership needs to...
dealership

How the As-a-Service Revolution empowers dealerships to be more efficient

0
While disruptive technology sounds intimidating, it’s critical to support the changing way we do business. The “as-a-service” revolution is gaining more momentum now than ever before as a growing number of companies integrate their processes with cloud-based, data-driven platforms to better manage...
data

New report suggests data security at dealerships is a serious concern

0
A report released last week on the susceptibility of data breaches has identified auto dealerships as being a potential target. The 2020 Shred-it Data...
customer

Report shows that 86% of brands aren’t benefiting by tracking CX

0
According to InMoment, top brands are wasting billions on customer experience programs that are failing. In 2019, data strategy and insights leaders at Forrester...
rental

Hertz navigating bankruptcy, but rental car industry expecting growth

0
The goliath car rental corporation Hertz Global Holdings continues to battle their way through bankruptcy proceedings post-COVID. On May 22, 2020, Hertz filed for...
Baxter

Baxter Auto Group Drives Business Forward with New Customer Experience

0
Baxter Auto Group is raising the bar when it comes to supporting the customer during their car-buying journey. The brand has launched a new...
manage stress

How to Manage Stress in Your Career as a Car Salesperson

0
On this week's episode of Straight Talk, our host, David Lewis discusses some effective strategies you can use to manage stress when working in...
dual agency

Surprising Benefits of a Dual Agency Sale

Dual agency sales often get a bad rap. Business owners enter into a dual agency transaction, only to find out the agent is fighting...