Webinar recording from March 14, 2024. In an era of digital-marketing complexities, it’s crucial for dealers to clearly understanding exactly where their advertising dollars are going. For example, did you know that only 20 percent of a typical dealership’s digital-ad dollars go towards inventory that needs to move? In this webinar, experts from Lotlinx will…
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Having the right automotive inventory management partner for dealerships is a must. It’s easy to overlook inventory management, but not giving it the attention it deserves can cause issues that hurt your business. Imagine a customer coming in for a specific automotive part you think you don’t have, only to find out later it was…
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Lotlinx insights: Defend Against Inventory Risk on Your Lot Our 2024 Dealership Inventory Predictions and Strategies playbook dives into the market factors that may create risk for your dealership this year and the strategies you can use to combat it. Use your playbook to unpack: Download your free playbook now to start defending against inventory risk: Download Industry…
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By: Len Short, Executive Chairman In the years immediately following the COVID-19 pandemic, auto dealers experienced a paradigm shift in inventory management, pricing strategies, and overall business operational strategy. The unprecedented circumstances led to a period where inventory acquisition was viewed as a “get it however you can” mentality. However, as the market dynamics for…
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Efficient inventory management is a linchpin in car dealerships’ profitability and operational success. With the automotive industry facing both cyclical and structural changes, dealerships increasingly rely on strong inventory management to maintain competitiveness and secure their profit margins. However, they continue to face recurring challenges, such as maintaining transparent reporting, ensuring online visibility for all…
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Tenured Leader in Automotive Industry Poised to Lead Company With Vision For Data, AI & ML for Dealership Success PETERBOROUGH, N.H., March 12, 2024 /PRNewswire/ — Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today that co-founder and vice chairman, Jason Knight, has been named CEO of the company. Knight replaces Len Short, who will…
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Lotlinx insights: Strategies to Combat Inventory Risk Checklist Managing your dealership’s inventory risk factors will be crucial in achieving sales and profitability in 2024. Is your dealership’s inventory strategy ready to take on the changing market? The Lotlinx Inventory Strategies Checklist covers six steps to analyze your inventory management and combat inventory risk. Download your free checklist…
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Lotlinx Co-Founder Jason Knight sat down with Jason Harris, host of Strategy with Jason, at NADA to discuss the strategy behind the Lotlinx technology and the advantage it gives automotive dealers. About Jason Harris: Drawing on almost two decades of experience in the automotive industry, Jason Harris has established himself as a determined marketing and…
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Lotlinx VP of Product Derek Mah sat down with Jason Harris, host of Strategy with Jason, at NADA to discuss the technology company’s recent product developments. About Jason Harris: Drawing on almost two decades of experience in the automotive industry, Jason Harris has established himself as a determined marketing and operations strategist. With experience across…
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Webinar recording from February 20, 2024. Recent industry reports anticipate a cautious return to normalcy in 2024, projecting a slight uptick in new vehicle sales, despite rising interest rates. But what is “normal” for the auto industry? While initially not cause for concern, there are underlying issues that do not come into focus when solely…
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