Comments on: This is What a $100K Dealer Makeover Looks Like https://www.ceoutlook.com/2017/11/16/100k-dealer-makeover-looks-like/ News, analysis and comments on the car audio and electronics industry Fri, 17 Nov 2017 15:26:03 +0000 hourly 1 https://wordpress.org/?v=6.0.3 By: . https://www.ceoutlook.com/2017/11/16/100k-dealer-makeover-looks-like/#comment-16271 Fri, 17 Nov 2017 15:26:03 +0000 https://www.ceoutlook.com/?p=60899#comment-16271 In reply to Bobbg.

Wow! what a great positive response to the above article…Sounds like maybe you should try another industry!

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By: Bobbg https://www.ceoutlook.com/2017/11/16/100k-dealer-makeover-looks-like/#comment-16270 Fri, 17 Nov 2017 10:25:19 +0000 https://www.ceoutlook.com/?p=60899#comment-16270 Idk, you have got to offere a lot of something to fill the profit gap from the gapping hole made by online cut rate prices lower the distribution pricing. I’m serious I look at distribution price, compared to online and I ask myself how the hell can you make a profit? And your going full out on doing a store knowing Amazon’s selling the same stuff at or below dealer cost? Worse the dealers doing it online will not take returns for defective products. The industry needs to take a serious look at how things are being done. The only way to deal with this is protected markets, and or no more dealer agreements asking for quartlry sales goals. The only way a dealer can make money is off labor.
That means the dealer has to pay taxes, pay mortgage or rent, pay overhead power gas water and advertising, as well as salary commissions and insurance healthcare and tax on LA bore as well as sales taxes and anything I forgot to mention. 1 million in sales is not giving that much return on investment and its tottaly reliant on a healthy ecomeny people don’t buy this stuff when they don’t have the money to spair. This isn’t an investmate I’d have done on credit, and I’d seriously thought twice about it with cash. Car audio is not alone going to support a store anymore. You have to do several things to make it. I’d think more about doing an auto salon where you can get custom paint, audio, alarms, graphics, tint, tunning, wheels, tires, full mechanical work, lifts truck assories, ex…. Even if one section is slow, you have several others to take up the slack. Hire top quality help help pay for schooling and always strive to be the best in the bussines. Then your store will be a destination. You can also sell cars and trucks on your lot to help fill any voids. I’d even go after dealer work. A store like this would be as big or bigger then a new car dealership.
You also pay good, and have continue improvement meetings using the staffs input as a basis as well as your own.

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By: Amy Gilroy https://www.ceoutlook.com/2017/11/16/100k-dealer-makeover-looks-like/#comment-16269 Thu, 16 Nov 2017 18:05:02 +0000 https://www.ceoutlook.com/?p=60899#comment-16269 In reply to Jeff.

Okay. Changed the photos!

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By: Jeff https://www.ceoutlook.com/2017/11/16/100k-dealer-makeover-looks-like/#comment-16268 Thu, 16 Nov 2017 17:31:57 +0000 https://www.ceoutlook.com/?p=60899#comment-16268 High speed internet has been a thing for many many years. Why not put some high definition photos up so we can actually see all the beautiful work done here? These are only 300×600 pixel images! Even a smart phone with a tiny screen has HD displays these days let alone a desktop monitor. From what I can make out, the remodel looks nice.

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By: Bill https://www.ceoutlook.com/2017/11/16/100k-dealer-makeover-looks-like/#comment-16267 Thu, 16 Nov 2017 16:26:37 +0000 https://www.ceoutlook.com/?p=60899#comment-16267 Nice job. But honestly, why did you think two stores within 10 miles of each other was a good idea to begin with?!?

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By: Tony D https://www.ceoutlook.com/2017/11/16/100k-dealer-makeover-looks-like/#comment-16266 Thu, 16 Nov 2017 15:36:06 +0000 https://www.ceoutlook.com/?p=60899#comment-16266 Nice job Joe!

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