What Should You Budget for Online Marketing?

September 3, 2010

Bryan Robb posted some interesting automotive marketing information over at Digital Throttle. He points out three compelling facts why he feels you should allocate at least 35% of your automotive marketing budget to online advertising. 1). The average consumer in the United States spends 12 hours per week on the Internet compared to three hours reading magazines. 2). 40% of consumer’s media time is spent using the Internet. 3). Consumers aren’t thinking in terms of “offline or online” any longer. Visiting an automotive enthusiast website is an extension of their hobby and lifestyle, like...

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Hedges & Company Principals To Speak at SEMA Show

September 1, 2010

Tuesday, November 2 at 11:00 am, Julie Hedges, President of Hedges & Company, will speak about the SEMA Financial Benchmarking program in room N259 at the Las Vegas Convention Center. How does your business compare? The SEMA Financial Benchmarking Program was developed in order to provide SEMA members with financial benchmarks they could use to help measure and compare their business operations with others in the industry. Industry-specific key performance indicators are reported that can then be used by participants to improve or grow their businesses. The program provides business owners and managers information,...

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A Checklist If You’re Thinking of Selling Online

August 30, 2010

A friend of ours, Rob Eberhart, posted a good checklist to follow if you’re considering selling automotive performance parts and accessories online. Rob’s an expert on selling auto parts online and works at Direct Communications, Inc. (DCi), and his blog is over on the CatalogRack eStore site, found here. His checklist is good advice for anyone starting out. His six most important things to check off: 1). First, decide how you’ll sell online: turnkey website, through shopping sites like eBay, or build your own site from scratch (very expensive!). 2). Don’t forget the data!...

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