Interview With Danny Mayers of LuxuryAutoBids.com
Ask Patty rousted up Danny Mayer and interviewed him about his unique company aimed at women, LuxuryAutoBids.com.
Ask Patty: Tell us about what you do.
Danny Mayer: Well, I’m in the car business and I’m the general manager at a large metropolitan automobile dealership in the Dallas-Ft. Worth area.
What is your day-to-day job?
The obvious answer would be that I oversee the day to day operations of the dealership, and that would be true. However, I feel the job is much more than just looking a sales figures, etc. A good deal of my (our) time is spent being involved in the community. I spend a lot of my day developing new and creative ways to market our products and our services.
What is the biggest complaint you hear from women when it comes to shopping for and buying a car?
Allow me to answer your question in this way. I think it was 1986 when I read an article in Woman's Day magazine regarding ‘women and the automobile purchase. That article had a profound effect on my thinking and my approach to selling and servicing automobiles, and it is still with me today. The article simply stated that 86% of all automobile purchase decisions are made by women. The reasons were simple then and they still apply. She is buying the car for herself and she is single; or she is married and controls the household budget. The later is certainly true in my house! The remaining 14% are either single men or men that will soon be single. Just joking!
Since that day I have always tried to impress on my entire staff that we MUST NOT ignore the female market and this is especially true if she happens to be there with her husband, father or a male advisor. This is a long answer to a short question but if there has ever been a "biggest complaint" from women it would be that they we either ignored or treated as though they were not smart enough to understand how to buy a car and would be asked to return with their husband. How insulting that must be.
What is the biggest mistake car dealerships are making when marketing or selling to women?
That is an easy question...thinking that she does not have the ability or intelligence to make a major purchase.
What is the best tip for dealerships in order to make their women customers happy?
Again, a very easy question. Treat them as you would treat your wife or mother. Do that and they will never be sorry.
Why did you start www.luxuryautobids.com?
It is no secret…the Internet has dramatically changed the paradigm of
automobile retailing! Hundreds of companies are now engaged to provide
‘leads’ to dealers and charge for that service. I felt that the prices
were outlandish and the leads were now really leads. And to top it off,
they were sold to several dealers at the same time! I wanted to provide
a way to give both the consumer and the dealer a great sell/buy
experience and do so where the playing field is level.
As I stated above I spend a lot of time developing new and creative
ways to market our products and our services. The first thing that we
all need to understand is that there is a large segment of the market
that simply does not like to shop and I’m one of those people. I use
the Internet to make most of my purchases, including clothing and
electronics.
Over the past few years I have also enjoyed a great deal of success
selling automobiles on the Internet. One of the things I learned doing
this was that the quicker and easier it was, the more the customer
liked to process and the more the dealer liked the process. We started
LuxuryAutoBids to make it quick, easy and at the same time provide the
consumer with an easy way to reach a nationwide network of dealers and
get the most competitive price available and at the same time, give the
dealer an qualified buyer with 6 clicks of the mouse.
What is the ‘gotcha’ about Luxury Auto Bids and why is it helpful to the consumer?
As I stated above it is quick, easy, guarantees a competitive price but
here is the very best part...the buyer is totally anonymous to the
dealer. It is simply a buy/sell function. I really think that women in
today’s world, under a multitude of time-constraints will find this
approach appealing as they don’t need to even visit the dealership.
And, most of all, women and men too, really don’t want to deal with
what we call an exasperating experience in the dealerships. I think
it’s getting better, but the negotiating part is still there.
What makes LuxuryAutoBids.com a better experience for women in this negotiating part?
Most buyers, including women, know what they want to purchase and have
already completed all of their research before they ever enter a
dealership. Unfortunately, she, and even men, enters at a disadvantage.
The dealership negotiates the sale of automobiles hundreds of times a
month. She, on the other hand, only negotiates a purchase once every 3
or 4 years. They playing field is not even BUT LuxuryAutoBids puts her
in the unique position to make ALL of the decisions without the
distractions normally associated with the purchase process.
What car buying tip would you give women?
Make the purchase of an automobile a mechanical and not an emotional
process. Do your homework in advance and don't allow yourself to be
pushed or manipulated into buying something different than what you
wanted when you came into the dealership.
My second best buying tip is don't buy at all! Lease it instead, but
that is a for another set of questions at another time or an article on
www.sdmautomotive.com.
Danny Mayer has been the automobile business since 1969. It has been his entire career and remains his passion today. He has sat in the chair of virtually every executive position in the industry, from single point franchises to the largest of publicly owed automobile corporations. He has proven time and time again that “…creative, at the edge thinking drives success…” That is probably why General Motors of Canada tapped Danny to assist them in developing and introducing a new Customer Satisfaction program for that nation’s dealers and why Nissan Corporation asked him to participate, as 1 of 3 dealers nationally, in developing the Internet process for all Infiniti dealers. He knows the automobile business…he knows the Internet…and he cares about customers. He can be reached danny@sdmautomotive.com.






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