1. Car Dealers – Love to Hate

    “The retail format people love to hate bounces back” <— https://www-bloomberg-com.cdn.ampproject.org/c/s/www.bloomberg.com/amp/news/articles/2020-06-12/buying-a-car-online-is-easier-after-coronavirus-triggered-changes “It’s complicated” would be the best way to describe car buyers feelings towards most automotive retailers. Humans are social creatures and right now auto retailers a…Read More

  2. SPIN360 INTERACTIVE INVENTORY MERCHANDISING

    Is Carvana Really Changing Automotive Retail?

    Everyone is enamored by the Carvana & Vroom's (www.carvana.com) (www.vroom.com) in the automotive space now. How are they any different? This article points out some of things they are doing: https://www.fool.com/investing/2020/06/01/how-carvana-is-disrupting-the-used-car-industry.aspx If you deal with automotive retailers daily like we do there is an inside look into the beast that is the aut…Read More

  3. CarData, Inc. Spin360 | Vroom Logo

    VROOM IPO; Perfect Timing?

    It looks like VROOM will be filing for an IPO in the near future. It's estimated they will have a valuation of $1.93 Billion while aiming to raise $300 Million in the IPO. Most automotive retailers have recently been cutting into profit margins by slashing prices to lower inventory counts. Carvana Co. [CVNA] (www.carvana.com) is up by +13.59% and taking advantage of being a technology based automo…Read More

  4. Safely-Providing-Services

    Safely Providing Essential Services | CarData, Inc.

    We understand dealerships have to go above & beyond in today's climate to stay clean in all ways! Your customers DEMAND it! We are continuing to provide our essential lot services such as Spin360 , Photography, Videos & Window labels/Buyers Guides. We have changed HOW we do it to ensure your customers can feel safe that anyone whom has been in or around your dealership & vehicles has t…Read More

  5. Digital Retailing is necessary

    How Dealerships Can Avoid Becoming the next J.C. Penney’s

    April 14, 1902 was the founding date of J.C. Penney Company. In 1971 the company had revenues of $5 Billion (equivalent to $31.6 Billion in 2020) with 2,053 stores. On May 15, 2020 J.C. Penney filed for Chapter 11 bankruptcy protection and announced there would be hundreds of stores closing. Of course the coronavirus pandemic is partially to blame for the speed of this filing but it has been comin…Read More

  6. SPIN360 INTERACTIVE INVENTORY MERCHANDISING

    Spin360 is ESSENTIAL!

    Dealerships are moving quickly to make online shopping friendly & engaging. The recent pandemic has uncovered holes in dealership websites. One of the biggest issues found was on the VDP's themselves, long load times, terrible photos & nothing that intrigues the online shopper to engage with the product (Your Vehicle). Dealers found they needed to completely revamp the way they merchandise…Read More

  7. Not getting enough traffic? Customers are not coming to your showroom due to the unprecedented times we are all in. Adapt, or stay behind. Virtual showrooms are quickly becoming popular, let us help you bring your virtual showroom including all new/used inventory to your clients.

    Why we Offer Spin 360° Video Virtual Tours

    Not getting enough traffic? Customers are not coming to your showroom due to the unprecedented times we are all in. Adapt, or stay behind. Virtual showrooms are quickly becoming popular, let us help you bring your virtual showroom including all new/used inventory to your clients. Offer them the opportunity to shop for their dream car in the comfort of their home. GIVE US BUZZ FOR A FREE DEMO!! Car…Read More

  8. Homenet SnapLot 360 Helps JD Byrider Customer Experience

    Enhance Your BHPH Sales With New Video Services

    Watch nearly any major news outlet these days, and you’re likely to hear some discussion of the economy and consumer habits. Recently, consumer confidence has been fluctuating, as market trends across numerous industries change in response to politics, tariffs, and more. As Americans look for new ways to purchase a vehicle, many dealerships are now offering Buy Here Pay Here programs, which enco…Read More