purecars mission: to provide more relevant information

Don Mullen | PureCars | Regional Sales Director | [email protected]

PureCars Mission:To provide more relevant information to improve the car buying experience.

Founded PureCars in 2007


/ INC. 5000 Ranked #141

/ Fastest-Growing Automotive Company in the Country

/ Featured Cover Story in Digital Dealer

/ Google Partner that is Philosophically Aligned


It is now a digital world…


24Sources

1.4Visits 11

HOURS

97%

Compared to 18 from ZMOT 2012

Spent online shopping for a pre-owned vehicle

To the dealership prior to purchase, compared to 4.5 visits in 2007

Consumers shopping online prior to purchase

Consumer Behavior

has Changed.


Adults 18+ Media Consumption

Internet

TV

Radio

Traditional Media

39.8%

36.5%

13.2%

5.4%

2012 Ad Spending Share of US Automobile Dealerships, 2012

Consumer behavior Dealer behavior / 2012


Adults 18+ Media Consumption

Internet

TV

Radio

Traditional Media

39.8%

39.5%

13.2%

5.4%

2012 Ad Spending Share of US Automobile

Dealerships, 2012

Consumer behavior Dealer behavior / 2013


80%Digital Allocation by 2018


Search is part of our lives.


It’s not rocket science.


Organize the world’s information and make it universally accessible and

useful.

Google’s Mission:

RELEVANCY


Google Dominateswith 69% Market Share

17% - Bing

10% - Yahoo


Why?


Organize the world’s information and make it universally accessible and

useful.

Google’s Mission:

RELEVANCY

Advertising Platform


Google AdWordsVertical Agnostic

Campaigns (new, used, service, etc.)

Ad Groups (model)

Ads

Keywords


Rank#1_____________

#2_____________

#3_____________

#4_____________

#5_____________


Rank = bid x GQS

It’s not just about the bid.BID X GQS = HIGHER RANK


NEW


USED


Right Approach?


What do you wantto market?


Whole lot?


Photos & Price


Photos & PricePriced Below Market


IN DEMAND


$$$$$$$ Ideal to MarketSales Efficiency, Margin,

Etc.


WHERE do you wantto market?


Right Approach?


Sold Data


Market DataPump In / OutSales Efficiency


CRM Data4 leads = 1 sale

25 leads = 1 sale

10 leads = 1 sale

Selling Opportunity Estimation….A little math


WHO do you market to?


Right Approach?


Research

“Reviews…”

“Best gas mileage…”

“Best truck under $50,000…”


BROWSING

“Honda accord deals…”

“Best Honda accord price…”

“Honda accords for sale…”


BUYING

“Black Honda accord for sale…”

“Black Honda Accord with Leather…”

“Used White Chevy Truck 4x4…”


Desktop vs. Mobile

47% of all automotive search queries come from mobile

Source: Google Internal Data.


Mobile Search is Critical During the Shopping Process

Source: Google/Compete/Polk, Auto Buy Flow Study, June 2012

44% Use their device for price comparison on

the dealer lot.32% Use their

smartphones to find a dealership.

36% Use mobile for

contacting dealerships.

46% Check inventory

in stock.

48%Looked up dealer

information.


$$$$$$$$$

BUYINGBrowsingResearch

$$$$$$$$$

Probability of a Sale


$$$$$$$$$

MobileTabletDesktop

$$$$$$$$$

Probability of a Sale


HOW do you market?


3D Targeting

color trim certified

YMMTpaymen

tmobile


Shopper’s Request

Used BlueUnder $20,00

0Camry


Shoppers Request


0Camry



0Camry


Shoppers Request

White Chevy Low MilesTruck


Shoppers Request



Shoppers Request

Toyota SUVPrice/

Payment

Deals


Toyota SUVPrice/

Payment

Deals


Shoppers Request

Toyota SUVPrice/

Payment

Deals


Mobile SEM


Resu

lts

Relevance


How SHOULD it be?


Searching for… Used Chevy Tahoe LTZ

Make? Trim?

Make? Model?

Trim?

Car? Make?

Model? Trim?


Searching for a Used BMW X5 with Third Row Seat

Options?

Trim? Options?

Options?


Searching for a New Chevy SUV

Options?

Trim? Options?

Options?


Land them on a Relevant Device Optimized Page

Options?

Trim? Options?

Options?


How do I track ROI?


ROIIMPRESSIONS

CLICKS CONVERSIONS (Relevant Page)

Phone Web


ImpressionsImpressions

Inventory / Keyword Buy

Search Demand

Budget Geo


Impression ShareImpression Share

Budget

Geo

Demand


ClicksClicks

Ad Messaging

Dealer Brand Equity

Rank Freq.


Quality ScoreRelevant Ad

Relevant Landing Page

Good CTR

Higher Rank Lower Cost


ConversionsFunnel of Keyword Buy

Landing Page Relevancy

Merchandising

Photos $$ Recon


KPI NoiseLeads only come from 1% of web shoppers.

Photos


Display ads further sweeten the pot

Note: among respondents who recalled all 15 brands tested without being provided a list of the 15 brandsSource: iProspect, “Real Branding Implications of Digital Media – an SEM, SEO and Online Display Advertising Study” conducted by comScore Inc., Nov 2, 2010.

organic search listing

paidsearch listing

4%increase in likelihood to purchase

6%increase in unaided brand recall

online display

ad300 x 250


Paid search reaches people you wouldn’t reach organically

Source: Incremental Clicks Impact of Search Advertising, Google, July 2011: http://googleresearch.blogspot.com/2011/07/studies-show-search-ads-drive-89.html

Paid

Organic

Organic clicks rise, but only slightly

Not enough to recover the lost paid clicks

Organic

88% of clicks are lost on average for automotive advertisers


Paid and organic search better together

Note: among respondents who recalled all 15 brands tested without being provided a list of the 15 brandsSource: iProspect, “Real Branding Implications of Digital Media – an SEM, SEO and Online Display Advertising Study” conducted by comScore Inc., Nov 2, 2010.

paid search listing

organicsearch listing

16%increase in likelihood to purchase

6%increase in unaided brand recall


Retargeting Synergy


Retargeting


Dynamic Display Ads& Dynamic Headlines

VDP Matching


How much should I spend?


Probability


ProbabilitySource Leads Spend CPL Sales CPS

Direct Mail 57 $48,900.00 $857.89 4 $12,225.00SEM 414 $13,800.00 $33.33 87 $158.62

Source Leads Spend CPL Sales CPSDirect Mail 88 $36,800.00 $418.18 3 $12,266.67

SEM 930 $47,200.00 $50.75 145 $325.52

Source Leads Spend CPL Sales CPSDirect Mail 10 $15,000.00 $1,500.00 1 $15,000.00

SEM 603 $29,500.00 $48.92 88 $335.23

Source Leads Spend CPL Sales CPSDirect Mail 45 $36,800.00 $817.78 6 $6,133.33

SEM 611 $28,400.00 $46.48 129 $220.16

Store A

Store D

*Note, SEM sales are a combination of website forms and calls generated.

Store C

Store B



Fixed Budget?

THINK ECOMMERCE

Dominate Traditional? (ZMOT)

Competitor Wins. Web



Fixed Budget?

THINK ECOMMERCE Dominate Traditional? (ZMOT)

Competitor Wins. Web


Implementation Options

D.I.Y

Agency Tech Platform (Automated)

Agency Integration

Who, What, Where, Why?


Questions?

WANT A FULL DIGITAL REVIEW? TALK TO US AFTERWARDS!

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