Accelerating VDP Views on Electric Vehicle Models: The VIN IQ Advantage
The Evolving Electric Vehicle Landscape
As OEMs navigate through the transition to electric vehicles (EVs), the automotive industry is experiencing a significant shift. Investments are pouring into EV development, battery technology, and the expansion of charging infrastructures. As a result of OEMs expanding into a new vehicle type segment, dealers are faced with the challenge of tailoring their marketing strategy to ensure these vehicles are getting appropriate exposure to the early adopter audience. Recent decrease in demand has led to aged units and discounted pricing in an attempt to turn inventory.
VIN IQ's Role in Enhancing EV Exposure
VIN IQ analyzes each vehicle’s marketing exposure to help dealers determine the effectiveness of previous marketing efforts. More often, an aged unit gets discounted before it is marketed appropriately, leading to eroded profit margins. Next, VIN IQ accelerates Vehicle Details Page (VDP) views which are crucial for inventory turn.
Here's how VIN IQ makes a difference:
- Full Inventory Analysis: Review the total lifetime spend, exposure, and unnecessary spend on popular vehicles that may be consuming a disproportionate amount of the marketing budget
- Model-Specific Campaigns: Utilizing advanced data analytics, VIN IQ crafts targeted campaigns on platforms like Google, Facebook, and Bing, designed specifically for EV models. These campaigns aim to enhance VDP views, even for inbound vehicles, creating a buzz before they arrive on the lot.
- Maximizing Marketing Efficiency: By strategically allocating marketing budgets to focus on EV models that require more exposure, VIN IQ supports dealerships in utilizing their resources more effectively.
Steering Towards a Brighter EV Future with VIN IQ
As the automotive industry continues to navigate electric vehicle sales, VIN IQ stands ready to help dealerships maximize the exposure of their EV inventory. VIN IQ is committed to providing dealerships with the marketing tools necessary to navigate market changes and challenges successfully.
Are you ready to boost the visibility of your electric vehicle inventory? Contact VIN IQ to discover how our targeted marketing campaigns can enhance VDP views for your EV models and position your dealership for success in the EV market.