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Your Place

Your Place: Think Like an Investment Analyst

Dennis McGinn speaks with Michael Hayes on how dealers need to think differently when managing their inventory.

Dennis McGinn
By Dennis McGinn
Dennis McGinn is the founder and CEO of Rapid Recon
Published:

In this episode, Rapid Recon Founder and CEO Dennis McGinn speaks with Michael Hayes, director of NADA Academy.

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The NADA Academy program prepares current and future dealership leaders to operate a successful and profitable automotive business, while examining the latest in industry trends and technology.

McGinn and Hayes discuss the impacts of the pandemic on the industry and the changes the industry has made, as well as the importance of using video throughout the dealership to help sell cars and service. The message of transparency is vital for the industry’s success.

Hayes talks of the Academy’s goal to get dealers to think more like investment analysts when managing their inventory.

For more from Rapid Recon, visit rapidrecon.com.

For more Your Place episodes, where McGinn welcomes guests to chat about retail automotive markets, strategies and insights, click here.

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