NASCAR is a powerful business and marketing machine. There is a lot you can find out about positioning your own dealership simply by studying the lead-generating, revenue exploding techniques of this racing giant.
You have probably heard of Dale Earnhardt Jr., Jimmie Johnson, Kevin Harvick, Jeff Gordon and Tony Stewart. They’re all pretty famous NASCAR stars. But a name you may not know the name Mike Bartelli. Racecar driver? No. But he is a guy that knows a lot about speed. Mike is a marketing guy and when it comes to NASCAR and motorsports marketing he is, “the” guy.
Mike is a professional in motorsports marketing, and as president of Millsport Motorsports he’s assisted NASCAR see record growth in popularity and sponsorship. Today Mike is chief marketing officer and senior VP of Petty Enterprises.
In a recent interview, Mike divulged some of the tips to NASCAR’s Marketing Success. We’ve from then taken the ideas Mike shared and reshaped them to fit the car business. We’re now serving them to you on a silver platter so you will be able to utilize them in your own dealership this year.
So print this out, grab a highlighter or a pen and put on your thinking cap as you are about to go for wild ride.
NASCAR Understands the Power of a Celebrity Endorsement
In developing their own monster brand, one of NASCAR’s key strategies was to use celebs and celebrity endorsements to reach new fan bases. The NASCAR approach honed in on target groups of potential fans that normally will overlook the sport and reached out to them making use of a popular celebrity from film, television, music, sports, etc.
You see, nothing gets attention like celebs… Absolutely NOTHING. While NASCAR undoubtedly knows this, many dealers in this nation don’t.
The purpose of advertising is to get your prospect’s attention. So if nothing works better in getting attention than celebrities, why not utilize it?
Demographics don’t matter either. Wealthy investors, CEOs, credit challenged, blue-collar, white-collar they are all attracted to celebrities. We believe the reason is reach and frequency. Just as efficient marketing is about reaching many individuals and more significantly reaching them numerous times, celebs have an incredible amount of reach as their job is to be seen and be heard.
Another reason why celebrities are strong marketing weapons is centered on the power of association. Individuals link you to people they see you with. If you are hanging out with celebs then you must be one yourself. This is reassuring to your consumers and puts you in a favorable light. And obviously prospective customers would enjoy aligning themselves with you also, as they too want a piece of that celebrity pie.
Not to mention, customers are more probable to refer business to the “cool” dealer that hangs out with celebrities over the guy they have never heard of. Bear in mind, boring is safe, but it gets you nowhere. Leverage the power of celebrity and your potential customers would be chasing you down for a sale.
Think this does not pertain to you? Think you cannot make use of superstars in your marketing because you can’t afford Dan Marino? Well think again.
There’s actually some low-cost methods you could start featuring celebrities in your marketing right away.
One strategy we like is designing a mail piece with a full color envelope making use of images of three well-known celebrities your target audience would resonate with… let’s say, Barack Obama, Tiger Woods, Oprah Winfrey and YOU! You could use the headline, “What Do Barack, Tiger, Oprah and Mr. Dealer Have In Common.” Next to your image you would put your name and “owner of ABC dealership in XYZ town.” BANG, instant celebrity tie in. And that is getting opened.
Or you can make use of your marketing dollars to purchase a celebrity for direct sponsorship, endorsement or events. Sure most A-listers may be out of your price range but there is always someone affordable that resonates with your target market. Older celebrities who are no longer in their hay-day or little known celebrities like popular contestants on reality TV shows could often be hired for surprisingly little.
Also remember that the depression affects everybody. Even celebrities jump at the chance to make some extra money. More usually than not it is our impression of celebs and our ego, fear of the unknown and apprehension created by star charisma which keep dealers from leveraging this super charger of a promoting resource.
You could find contact information on almost any celeb in a book by Jordan McAuley called the Celebrity Black Book available on Amazon.com or contact our office directly for celebrity agent recommendations.
Jimmy Vee & Travis Miller are the authors of Gravitational Marketing: The Science of Attracting Customers and founders of the Rich Dealers Institute. They help dealers double their profits in as little as 118 days. Receive a free copy of their special report & video presentation, The New Rules of Automotive Marketing by visiting http://www.RichDealers.com/special
