Roundtable Recap: Social Networking, Jim Farley Keynote

Social Networking: Relationship Building vs. Selling Cars
Moderator: Mary S. Butler, Razorfish
Panelists: Christopher Barger, General Motors;  Eric Miltsch, Auction Direct USA;  Jared Hamilton, DrivingSales.com;  Tom Chisholm, Facebook;  Ralph Paglia, ADP

  • Consumers buy a car because they like and trust you (this concept is not new); social networking is the technology that makes it scalable.
  • Be congruent with:
  1. who you are
  2. who you connect with
  3. how you are connecting
  • Focus on Quality, then Quantity.  If you reverse this the mechanism breaks down and can perhaps work against you.
  • Leverage your employees, they are your community, let them be your voice in the broader community.
  • Examples of success stories:
  1. Papa John’s Camaro
  2. Fiesta Movement
  3. Meet the Volkswagens
  • Words of caution
  1. Don’t populate twitter with your inventory – it’s counter productive
  2. Don’t have multiple people logging in under the dealer’s personal account – authenticity implodes
  • The dealers that have the ability to take online relationships and convert them to offline ones will be the most successful.

It’s Personal – Closing the Automotive Perception Gap
Speaker: Jim Farley, Ford Motor Company
  • Opportunity to connect with customers
  • Democratizing technology for everyone
  • Ford’s products are ahead of the brand – challenge to build the customer relationship
  • Leverage strengths globally, maintain passion and emotion
  • Ford is ahead of the curve on their migration to digital.  Marketing spend is 50% TV and 25% digital, followed by experiential and print
  • Listening to customers – bring in global products journalists and enthusiasts have been asking for
  • Activate your Advocates – this strategy, though it creates vulnerability, pushes to make a connection with the consumer at large
  • We expect WAY TOO MUCH from traditional media.
  • Changing the paradigm
  1. Fiesta Movement campaign began 18 months prior to vehicle’s NA launch
  2. 83% of buyers make their decisions based on input from friends and families
  3. Low cost – 100 leases
  • Sharable content such as the Mustang builder.  More than 1 million are saved on Ford’s site – creating opportunities for analysis (packaging, aftermarket, etc.)
  • Closed with how we (vendor)could help them (client)
  1. Better measurements – upper funnel metrics in particular
  2. Global Focus – help them leverage global efficiencies
  3. Efficiency
  4. Engagement
Tags: RoundtableSocial
Email this post
Most Recent Tags