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Automotive

2004-09 UPDATE - Market Snapshots of the WEB

August 2004. Mercury will at least triple the Internet allocation of its marketing communications budget, from previous allotments of 3-6 percent, up to about 16 percent over the next four years, to assist in the launches of six new cars.
-source: Ford Motor Company

September 2004. Manufacturer's websites are beginning to show gains in popularity over independent automobile sites with prospective buyers seeking information - up to 40 percent from last year's 36 percent. Consumer satisfaction with independent sites is dropping, while manufacturer sites are gaining. The Internet impacted the choice of dealer for 22 percent of buyers, up from 14 percent in 2002.
-source: J.D. Power and Associates

COMMENT. And Chrysler Group will soon roll out its reworked websites for selected brands. Among other services, the new national sites will schedule testdrives for prospective buyers with their local dealers. We will report how the new sites are doing.

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2004-03 UPDATE - Market Snapshots of the WEB

March 2004. Chrysler Group intends to rebuild its websites for some brands in order to store customized data for individual customers, connecting the Jeep, Dodge, and Chrysler brand websites seamlessly to their respective dealer sites, displaying product information, inventory availability, and delivery. The aim is to create a smooth online transition from research to quote to delivery. Chrysler Group hopes to build deeper and more productive relationships with its customers, making it easier to leverage the Internet and dealers most effectively.
-source: Chrysler Group, Organic Inc.

[COMMENT 2004-03. This is an industry first, and attempts to capture the user who almost always researches on the Web now before buying, but is currently uncommitted when entering the dealership.]

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2003-11 UPDATE - Market Snapshots of the WEB

October 2003. Auto dealers are now spending $2 on Internet advertising for every $3 spent on local TV. To win more of this budget, website venues need to improve their promotion of dealer inventory, accept private-party car ads online, and generate measurable leads for dealers. There is considerable opportunity to build and promote websites for independent dealers.
-source: Borrell Associates

October 2003. Of US consumers listing their biggest influences for buying a certain vehicle, 71 percent cited word of mouth, 48 percent said a direct mail offer from a dealer, 26 percent claimed ads on Internet search engines, with only 17 percent swayed by TV ads.
-source: Cap Gemini Ernst & Young

October 2003. One in five of all US surfers visits an automotive website in a typical week.
-source: The Media Audit

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2003-03 UPDATE - Market Snapshots of the WEB

March 2003. 82% of auto consumers now research on the Web first.
-source: J.D. Power

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