eLEND Solutions

How many cars are you not selling? In less than two minutes, estimate the impact a 60-second process change can have on your dealership's volume, profitability, and transaction times. https://www.elendsolutions.com/id-drive-opportunity-assess/

Lots of interesting nuggets of data in this article, particularly this one: Three-quarters of global retail professionals surveyed by Euromonitor expect the crisis-inspired e-commerce boom to lead to a permanent channel shift. https://www.forbes.com//five-e-commerce-trends-that-will/

Let’s make a deal...on the website or in-store: Read part two in our series of blog posts looking at DR adoption during the pandemic. What actually happened and what are some of the upsides (and downsides) for dealers and consumers?... https://www.elendsolutions.com//the-pandemic-drove-a-grea/

Here’s something the industry can’t afford to forget: consumers will dictate how we define digital retailing. This means dealerships must offer a complete digital retailing tool chest to enable consumers to pick and choose which part of the process they want to do online. https://www.autonews.com//shoppers-choose-how-they-use-dig

How Many Cars Are You Not Selling? In less than 1 minute, see how your current online credit application performs versus what you can expect from CreditPlus (Includes Performance guarantees.) https://www.elendsolutions.com/creditplus-digital-credit-r/

The biggest obstacle to digital retailing is regression, said NADA chair Rhett Ricart: Some automakers are ‘showing signs of regression to old, bad behaviors’ that could curtail the progress dealers have made during the pandemic. It’s great to see NADA committed to helping dealers stay the course! https://hubs.li/H0FlrZx0

Though we would never label the financing process mundane, we can certainly understand why consumers prefer conducting this part of the car-buying process from their own home versus in a dealership. Don’t you? https://hubs.li/H0FlrZw0

NEXT WEEK! We will start releasing a new report about the pandemic’s impact on dealership sales and operations showing mostly positive results and a definite way forward that will shape the dealership of the future. Don't miss it!

What is your top fraud concern in a COVID environment? Click here to read CEO Pete MacInnis's byline at CBT Automotive Network as he discusses the challenge of identity fraud in our new normal, and the solutions that will help dealers unmask fraud and protect their assets and profits. https://hubs.li/H0Flqlp0