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Hello and welcome to the CarGuy Coffee Podcast.
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You are listening to the interbrews at the NCM client and friends event.
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Enjoy these conversations.
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What's going on, Car Guys and Car Gals?
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We're brewing solutions in Kansas City, having some fun,
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and we are excited to be brewing with this guy from Core Review.
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The one, the only, Eric Glass is in the building.
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Welcome to the party, brother.
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Doing great, my friend.
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Excited to be here.
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Excited to have some fun with you, brother.
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You are a versatile individual.
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We absolutely love spending some time with you,
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getting to learn from you, seeing you on stage in the shark tank.
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You had a great presentation.
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How much fun are you actually having at this event?
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Look, I love coming to all of the events to see just not only what the
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dealers are doing and brewing up, but it's energizing, right?
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We're a completely remote first company.
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So, getting able to get out in the field and talk with people is fantastic.
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But then being able to hang out with you guys and feed off your energy is awesome.
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And we're learning a lot.
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We learn so much of every one of these, right?
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And this one, I think, is really cool because the dealers are,
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it's different NADAs, an amazing conference, right?
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But I feel like the dealers here are having much more intimate conversations
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and they're really wanting to learn not only what the vendors are doing,
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but best practices from their peers, how they're interacting,
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how they're using the technology to be better in every way.
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So, it's really been an amazing job.
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And I love that they did it in Kansas City because I think that even Lexington,
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when we were in Lexington doing these clients and friends events,
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what's so great is that you won't think of this town as a place that dealers are
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going to come to, let's go party in that town, right?
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They're here to think, to come get some education.
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One thing that this is is the headquarters at NCM.
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So, when dealers do come here, normally they're here to go to classes to get some education.
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So, it's really awesome that that's what they're doing here,
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but yet they're bringing the fun in it too, right?
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And having things, you talked about learning things while you're here.
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We've learned a lot of things with call review inside of our client base, right?
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As working with our stores, we've been able to utilize y'all's tool
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to be able to communicate better, be able to train better, right?
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And you guys are just evolving that more and more and more.
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And now you guys are coming out with tools that help.
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And you talked about that during the Shark Tank.
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Tools that are helping people be able to train better,
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be able to communicate and practice and get some repetition in.
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Tell people a little bit about that.
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Yeah. So, it's actually funny you bring that up.
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The press release literally just went out.
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Oh, sweet. Perfect timing.
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Yeah, it was perfect timing.
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It's like I signed up exactly what I knew.
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Anyway, so we started with Test Track, right?
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It was an AI simulation role-play tool.
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So build the batting cage for your people.
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We've evolved that over the last year.
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This product's only been on the market for a year.
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Now it is the Test Track Learning Lab.
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So now not only is it Test Track, that AI simulation tool,
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that's now been enhanced as a full LMS, right?
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So now you have the ability to create courses,
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create learning paths, create certifications,
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bring that fun and that hope like you guys always talk about into the tool.
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But then now what it's doing with the product that we've brought
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into the actual call analytics like Call Coach,
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is it's listening to the live calls and now in real time
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making recommendations of courses and these AI simulations
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you can go take in Test Track to continually get better.
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So think about that.
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You're a dealer, right?
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And Recruit Track, like we talked about in Shark Tank,
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you use Recruit Track.
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You know where that's employees' strengths are.
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You know where their weaknesses are before they set in the door.
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Now they set down in the door.
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You have the learning paths there to reinforce their strengths,
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to build on their weaknesses.
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And then while their calls are happening,
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you're giving them, you're building the batting cage in real time
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for them to go get it even better.
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And not only that, but we have the ability for other content creators
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coming soon to come in and build inside of the environment.
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Maybe, maybe, maybe, maybe, right?
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And that is exciting for everyone.
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I'm excited for my clients that are currently using Call Review.
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It's a really big, big, big deal.
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Even before all the cool extra stuff,
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it was a really cool tool to be able to see,
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go back and check if they're saying key words,
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go back and make sure that certain things are happening.
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But then you take that same data,
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which you guys have been building up over time,
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inside every one of their databases.
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There's a lot of information about what they've said.
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Now we're taking that and then you're showing them
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how to become better at it.
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And ultimately, having an LMS like that for your team
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is the only way that your team's going to grow.
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If we keep assuming that their current skills are good enough,
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we're going to keep falling apart.
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We're going to keep wondering why we're not getting the numbers
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or the results that these other companies are selling,
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We're saying, oh, you should be doing this, but yet we're not.
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Now we can actually probably be even better than that
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because we're getting real-time results.
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Hey, you just got off this call.
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Go back and review these things
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because if you get better at this the next time you do it,
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you'll set the appointment.
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And we're starting to see like we had a recent case study just come out
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where 90 days, they had a 20% uplift or sorry,
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20% down take in broken promises, right?
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And they were able to uplift appointments
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at a rate by 14%, which is 14% in 90 days for your entirety
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That's a massive chunk of revenue that you're getting.
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That's a great opportunity.
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More people inside your doors, more opportunities,
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more car deals, all that.
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The onus is, and we talked about it a lot on stage.
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We're going to talk about it in our presentation
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in just a minute, right?
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We're getting the calls.
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There's no lack of engagement from the buyer right now.
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There's a, what we're seeing, what we're starting to see,
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at least in our data, is there's a lack of accountability
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and a lack of scalability.
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And how do you build the same team
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without bringing on more staff and without adding more calls?
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Not to say something, let me just say this real quick.
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To his point, and I was thinking this earlier,
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it's like that tool was created, and I'm going to be honest,
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because us managers, you managers out there,
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you're not being accountable enough, right?
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So the tool sitting there, and it's a great tool,
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but no one's checking it.
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So now we have a tool that gives you a report, ultimately, right?
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So now there's really no excuse anymore.
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And as an owner, that gives me some relief, right?
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Really, really awesome.
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Being able to have irrefutable evidence
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of what is happening and what's not happening.
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How did the call go?
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To actually have true coaching points.
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There's nothing like a coach being able to grab a player
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and watch their film tape with them and say,
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do you see where it is that you missed this?
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Now go onto the field and execute.
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The same thing in our profession.
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They need to be able to have that data
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and something that's helping to consolidate it in a way
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that makes coaching easier.
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But then if the coaches aren't even available,
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you guys are evolving a way to be able to make sure
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that they can get the coaching, they can get the training,
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they can get buffered up and ready for the day.
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I heard you describing what a couple of stores are like
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inside of getting their day started
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to be able to make sure that they're prepared
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and that their people are primed and ready
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to jump into the day making calls.
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Describe a little bit more about that.
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Yeah, so we've got a whole set of reports inside the platform.
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My favorite one that I always talk to the owners
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and managers and GMs about is what we call it the day.
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I call it the morning coffee report.
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It's our daily action report, right?
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And basically you filter this report
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and we add it since the last time we guys talked.
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We actually now have the ability to save these reports
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with the filters and have them delivered.
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So now it really is a morning coffee report.
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You're standing in line at Starbucks.
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You're over at the coffee area.
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You check that email and you get a report that just says,
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here's how many alerts open today.
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Here's how many appointments we set.
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Did I have any CSI warnings?
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Did I have any of these things
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that the platform could report on?
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Click on that list.
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You maybe have three or four CSI warnings from the day.
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You as the GM can follow up with them
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or you can set them on one of your sales directors
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and say, hey, we need to follow up with these people.
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Make sure we write these wrongs or whatever happened
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on this call and get to the bottom of it.
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Making it too easy for us, man.
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The other really cool thing that we've rolled out
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since last week we talked to is
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you talked about this moment and coaching and after the fact.
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Now it's point in time.
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So on the call, you're getting this feedback.
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You're getting alerted in real time.
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And now we have the ability to live monitor the call.
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So as the GM, if you get this real-time alert,
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you can punch up the call and you can whisper it.
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You can dial in right there on the phone.
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You can be the voice in the thing
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or you can just join the call and say, hey guys, I'm here.
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Just wanted to jump in.
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Fred brought me in.
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So you're having a problem.
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Let's see what we can do to get to the bottom of it.
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So we're really taking that work.
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Everything that we're doing, we're
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trying to work inside of the workflow of the dealership
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and not make you have to log on to another street, right?
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Because I think that's one of the biggest things
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that we've talked about with a lot of dealerships,
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especially here at the NCM show, is
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we don't want another log in.
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We don't want another street.
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We want our communication system
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to manage the flow from end to end in one platform,
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which is what we're really excited about.
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A lot of other really cool things I can't talk about.
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You guys met Sati Zera, he would murder me if I did that.
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So that's great news, though.
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We'll save it for another show.
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There's more to come.
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Matter of fact, the cup is only half full right now.
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So we got a little bit more to fill your cup in later,
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and I can't wait to announce that again
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and talk about that some more.
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But brother, you're dropping a lot of great things
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that's happening over there.
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We're doing some great things.
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I know that you're happy to be here.
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What's the next place that they're
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going to be able to come see you guys?
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You said you're everywhere.
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What's the next adventure at?
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So we're right here, and then next month,
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we're going to be down in Miami for the NetSapiens event down there.
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I can't remember the name of it,
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but it's a big teleconferencing event.
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So make sure to come check us out there.
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We'll be hanging there, and then there's
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a lot of other little ones.
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But if you want to follow us, just check us out on Instagram,
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We're taking a play from Russ's playbook,
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and we have a TikTok now.
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We're doing a lot of cool things over there.
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Yeah, everywhere, Facebook, and we'll see you around.
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Pick up the phone, push some buttons,
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go to whatever social you prefer, and they're there.
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It's really simple.
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Call, review, REVU.
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Get after it, y'all.
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Car guys, car guys.
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This is a legit solution for your stores.
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We encourage you to find out how to make sure
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that you find a way to get call, review implemented
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into your store and taking you to the next level.
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Because the best way to upgrade the business that you do
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is you upgrade your people, and you need to be able to call,
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review what's going on with them.
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We appreciate each and every one of you tuning in.
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We've got one thing left to do, and that's drop them F-bombs.
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Focus, lie, and keep growing, keep growing.
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I'm Lou Ramirez, the car guy.
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And I'm Fred Lennards, sub-prime hero.
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And you've been doing solutions on the CarGuy Coffee
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podcast with the one, the only Eric Glass.