Dealers Prioritize Transparency as Dealer Alchemist Grows its Revenue by 171% and Celebrates Over 92% Retention in 2021 - AutoSuccessOnline

Dealers Prioritize Transparency as Dealer Alchemist Grows its Revenue by 171% and Celebrates Over 92% Retention in 2021

Dealer Alchemist, is proud to announce their mission to empower dealers through technology and transparency has fueled a revenue growth of  171% and a 92% customer retention rate for a celebratory close of 2021. 

Dealer Alchemist, is proud to announce their mission to empower dealers through technology and transparency has fueled a revenue growth of  171% and a 92% customer retention rate for a celebratory close of 2021. 

The company credits the growth in large part to ensuring every client definitively optimized their ad spend in 2021 and that each dollar spent provided a higher percentage of conversion. Dealer Alchemist developed their smart technology which prioritizes inventory, eliminates wasted ad spend, eradicates a multitude of marketing inefficiencies, exposes core metrics and strengthens accountability for their client partners.

“This last year was a great example of why it’s important for dealers to control their own management reports, eliminate wasted ad spend and capitalize on their search and social advertising,” said Shean Kirin, founder of Dealer Alchemist. “During audits this last year we would often see dealer name and regional terms accounting for anywhere between 50% and 80% of the dealer’s paid strategy budget. On the surface that may sound smart, however when a dealer is spending this amount on something they should be receiving organically, it’s a complete waste of spend. If you have a low cost-per-click on these terms you may think you’re killing it but, what’s really happening is you’re paying for what would otherwise be your free, organic traffic.”

Straight forward talk and a true advocacy of the dealership is at the heart of why Dealer Alchemist is experiencing tremendous growth. The executive team is comprised of industry veterans who understand the ins and outs of digital ad buying, social media and search engine marketing and website optimization, among other digital marketing strategies.

“When you’re talking about how important it is today to get eyes on your website, we can say the Dealer Alchemist team has upped our page views by at least 50 percent,” said Kara Delaine, advertising manager at Henson Brand Dealerships

For more information on Dealer Alchemist and how their digital marketing platform and expertise can help you convert more buyers, at a lower cost visit dealeralchemist.com.

You May Also Like

Vero, Privacy4Cars Partner on Identi-FI, Identity Theft Protection

Auto dealers within the Identi-FI program will be able to offer Vero’s suite of identity theft tools to customers as a revenue-generating service add-on during the sales process.

Vero announced an exclusive partnership with Privacy4Cars to offer Identi-FI, a full-circle solution that protects against personal data abuses by providing peace-of-mind vehicle data deletion and ID theft recovery.

The solution pairs Privacy4Cars' patented AutoCleared and Vehicle Privacy Report tools with Vero's 3-Generation Fully Managed Recovery (FMR), providing a comprehensive solution that is available now as a membership subscription to qualified auto dealers and distributors.

JM Family Enterprises Names President & COO

As president and COO, Chait will be responsible for all company operations within JM Family, working closely with the senior leadership team to execute on company strategies and drive key initiatives. 

Cars.com 2024 Dealer of the Year Awards

The awards recognize the best local car-shopping experiences across America.

Holmes Honda in Shreveport Receives 16th President’s Award

The President’s Award recognizes superior achievement in customer satisfaction, new-car-unit sales volume and business management.

Tim Lamb Group Brokers Sale of Foothills Lincoln Mazda

The Spokane, Washington, dealership has been rebranded but will be keep all existing Foothills team members at their current seniority.

Other Posts

Service Satisfaction Improves but Appointment Wait Times Continue to Grow, J.D. Power Finds  

According to the study, dealers continue to grapple with parts and labor shortages that are fueling longer wait times for appointments.

700Credit Integrates with One View

This integration will allow dealerships to store sensitive consumer information including credit reports and required compliance documentation through a secure integration into the digital deal jacket.

WarrCloud Study: Cost of Processing Auto Warranty Claims Increases by 28%

The study examined current practices surrounding warranty claims, human resource allocations, and the mechanisms of tracking and streamlining service department costs.

Solifi Launches 2024 Global Leasing Report

The report details insights about the world’s top 50 leasing markets.