Doug Hadden | ADESA | Director of Dealer Training | [email protected] DIGITAL WHOLESALE DOUG...

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Doug Hadden | ADESA | Director of Dealer Training | [email protected] Doug Hadden | ADESA | Director of Dealer Training | [email protected] DIGITAL WHOLESALE DOUG HADDEN

Transcript of Doug Hadden | ADESA | Director of Dealer Training | [email protected] DIGITAL WHOLESALE DOUG...

Page 1: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected] Hadden | ADESA | Director of Dealer Training | [email protected]

DIGITAL WHOLESALEDOUG HADDEN

Page 2: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

AGENDA

Why should I acquire/sell inventory online?

Different types of online auctions

Tools and services

Getting ready

Questions

Page 3: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

WHY SHOULD I ACQUIRE/SELL INVENTORY ONLINE?

Time

Selection

Lower costs

Transparency

Page 4: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

DIFFERENT TYPES OF ONLINE AUCTIONS

Webcast

Page 5: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

DIFFERENT TYPES OF ONLINE AUCTIONS

Webcast

eBay style

Page 6: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

DIFFERENT TYPES OF ONLINE AUCTIONS

Webcast

eBay style

Bid at appraisal

Page 7: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

TOOLS AND SERVICES

Run List

Saved Searches

Watch List

AutoBid

Listing Types

Page 8: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

TOOLS AND SERVICES

Inventory Management System Integration

Marketing

Private online auction

People

Page 9: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

TOOLS AND SERVICES

Condition Reports / Vehicle Detail Page

Page 10: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

CONDITION REPORTS / VEHICLE DETAIL PAGE

AutoGrade

Announcements

Photos

Damages

Page 11: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

CONDITION REPORTS / VEHICLE DETAIL PAGE

Page 12: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

PHOTOS

Page 13: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

MOBILE

Buy And Sell From Your Phone

Page 14: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

GETTING READY

Plan and Process Personnel Schedule

Pick a Partner Interview References

Page 15: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

GETTING READY

Wholesale Proposal Costs

COSTS

Page 16: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

COSTS

Buy fee

Sell fee

Transportation

Hidden fees

Page 17: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

GETTING READY

Wholesale Proposal Costs

Process

COSTS

PROCESS

Page 18: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

PROCESS

Here is the typical Franchise Dealer Remarketing Plan for fresh trades and aged units.

Group Trade

Offered between dealers

within group.

Open Sale

Vehicles offered to all buyers via

open online auction

Consign to Physical

Auction

Vehicles not purchased are assigned to auction,

offered for sale during transport

Physical Auction

Vehicles offered: In-lane & online

open marketplace

Page 19: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

GETTING READY

Wholesale Proposal Costs

Process

People assets

COSTS

PROCESS

PEOPLE ASSETS

Page 20: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

PEOPLE ASSETS

Who will be your main contact?

How many people will you have to talk to?

What is their main job?

Page 21: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

GETTING READY

Wholesale Proposal Costs

Process

People assets

Goals

COSTS

PROCESS

PEOPLE ASSETS

GOALS

Page 22: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

GOALS

Set clear and realistic goals

Number of units listed

Floors / Pricing

No Sale units

Page 23: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

GETTING READY

Wholesale Proposal Costs

Process

People assets

Goals

Reports COSTS

PROCESS

PEOPLE ASSETSGOALS

REPORTS

Page 24: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

REPORTS

How easy

How often

Complete understanding

Page 25: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

GETTING READY

Wholesale Proposal Costs

Process

People assets

Goals

Reports

Performance Reviews

PERFORMANCE REVIEWS

COSTS

PROCESS

PEOPLE ASSETS

GOALS

REPORTS

Page 26: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

PERFORMANCE REVIEWS

How often

What will be covered

What is important to you

Page 27: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

READY

Wholesale Proposal Costs

Process

People assets

Goals

Reports

Performance Reviews

PERFORMANCE REVIEWS

COSTS

PROCESS

PEOPLE ASSETS

GOALS

REPORTS

Page 28: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

QUESTIONS?

Page 29: Doug Hadden | ADESA | Director of Dealer Training | Doug.Hadden@adesa.com DIGITAL WHOLESALE DOUG HADDEN.

Doug Hadden | ADESA | Director of Dealer Training | [email protected]

CONTACT INFO

Full Name: Doug Hadden

Company: ADESA

Job Title: Director of Dealer Training

Email: [email protected]

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