Knowing who your customers are and what they’ve been looking at on your website and browsing behavior can be a huge competitive advantage for your dealership. But how do you get this data and act on it? With advanced AI, you can not only collect this data but also instantly analyze it to uncover actionable insights and automate next steps—turning raw information into real business results.
Let’s start by taking a look at the types of data:
- First-party data – Information willingly provided by a customer, for example by completing a form. This also includes tracking data showing what the customer has been doing on your website as they browse vehicles, use calculators, etc.
- Second-party data – First-party data from a vendor partner, which can include media audience data and ecosystem data from a software vendor.
- Third-party data – Purchased audience data, often cookie-based and less reliable.
In recent years, marketing teams have been moving away from relying on third-party data to find, track, and reach consumers. Even with the recent news that Google will not be eliminating cookies, it’s still very important for retailers to ensure that their first-party and second-party data are reliable and easily accessible.
AI-powered platforms help you make sense of first-party, second-party, and third-party data by automatically identifying patterns, predicting shopper intent, and surfacing opportunities for personalized engagement.
What AI Can Tell You
AI-powered analytics can reveal what make and model a shopper is interested in, and whether they’re ready to buy, before they ever reach out. These tools learn from customer behavior to help your team identify shoppers who are 8x more likely to buy, 1 engage them at the right time with the right message, and avoid wasted effort on browsers who aren’t ready to convert.
The Importance of Partnerships
Dealer.com is an industry leader for showcasing inventory, gathering customer data, and using it for targeted marketing initiatives. Adding VinSolutions can super-charge your results using proprietary, AI-powered technology that incorporates first-party Cox Automotive behavioral data from Autotrader, Kelley Blue Book, and Dealer.com.
Nearly a third of Dealer.com visitors also shop on Autotrader or Kelley Blue Book2, so having this data helps ensure you’re delivering engaging, personalized experiences to shoppers across all sites.
AI connects these data sources, delivering smarter insights and automating marketing actions for maximum impact.
Beyond the Sale: AI Throughout the Customer Lifecycle
AI doesn’t stop at the sale. It monitors customer behavior over time, helping you reach out for service appointments, trade-in opportunities, and upgrade offers, thus keeping your dealership top of mind. If you’re ready to find out more about how Dealer.com and VinSolutions work together to give your dealership a sales and marketing edge, request a demo and we’ll show you.
1VinSolutions data predictions for 30 days prior to purchase from September 2023 – August 2024, analysis performed September 2024.
2Cox Automotive Pixall (US dealers only, bots & suspicious visitors removed), January – August 2023