Episode 13 - Experian Acquires String Automotive - Ryan Gerardi Interview with Ken Kolodziej, CEO
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By DealerRefresh - RefreshFriday Podcast, Jeff Kershner, and Alex Snyder. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
In today’s generally flat new-car market, successful dealers need the perfect mix of data and market intelligence to drive more sales, cultivate deeper customer relationships and develop new ways of better conquesting customers from their competition. One of the few companies in the auto retail tech space that does this is String Automotive and in May of 2017, Experian Automotive announced it would be acquiring the 12 year-old data analytics firm based in Newton, MA. The acquisition cements a relationship that began in 2014 when Experian Automotive’s Auto Market DNA? demographic and behavioral information’s was integrated with String’s business intelligence platform, the Dealer Positioning System (DPS). String aggregates and analyzes data from multiple sources to help dealers evaluate their marketing efforts. Its DPS solution provides dealers with data-based recommendations on how to maximize those efforts. Last week, Ryan Gerardi had the opportunity to connect with String Founder Ken Kolodziej and discuss the acquisition. Ken and his team are staying on with Experian Automotive. The String name is going away, however. Enjoy! *************** This DealerRefresh Podcast is brought to you by AutoLeadStar! AutoLeadStar’s artificial intelligence takes dealership marketing to the future. A full solution for your website’s conversion needs, AutoLeadStar can help you reach a larger market, provide personalization to every customer, boost your leads, and sell more cars. Be the smartest dealership on the web with tomorrow’s technology by AutoLeadStar. To learn more, go to www.dealerrefresh.com/autoleadstar… continue reading