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Automotive CTV: What Every Car Dealer Should Immediately Add To Their Marketing Plan
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What if you could revolutionize your automotive advertising strategy and leave your competitors in the dust? Jeff Clark from Dealer Alchemist joins us to explore the seismic shift from traditional linear TV to Connected TV (CTV) and Over-The-Top (OTT) media. Discover how media consumption patterns in 2023 have evolved, with streaming becoming the dominant force, and how devices like Fire TV and Roku are now household staples. We dive into the transformative impact these changes have on targeting potential car buyers, providing a more cost-effective and precise advertising method.
Imagine being able to tailor your advertisements to the specific needs and preferences of a potential BMW buyer, delivering personalized content that speaks directly to them. In this episode, we break down the effectiveness of CTV advertising strategies and how they harness real-time data for unparalleled audience targeting. Jeff and I discuss the importance of understanding consumer journeys, especially for high-value purchases like vehicles, and how this personalized approach can significantly enhance customer relationships and drive sales. We also share real-life examples of local dealers outshining their larger competitors by leveraging these advanced advertising techniques.
Finally, we address the pressing need for car dealers to rethink their marketing strategies and embrace modern digital tools. From creating tailored campaigns for different vehicle buyers to reimagining their approach in the face of shifting consumer behaviors, it's clear that adapting to CTV and OTT is no longer optional. We highlight the importance of making the car the focal point of marketing content and stress the necessity for continual education and adaptation. Tune in for an episode packed with insights and actionable strategies that will equip you to thrive in the evolving automotive marketing landscape.
Chapters
1. Connected TV and OTT for Automotive (00:00:00)
2. Effectiveness of CTV Advertising Strategy (00:14:26)
3. Reaching Consumers Through Connected Television (00:24:28)
4. Maximizing Advertising Effectiveness in Dealerships (00:28:58)
5. Automotive Marketing and Industry Evolution (00:41:55)
8 episodes
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