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Humbled at NADA 2014

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Screen Shot 2014-01-28 at 11.06.23 AMI’m not a social media guru, expert or anything resembling that. I would hate to have those adjectives attached to my name. Social media is all about engaging your audience and the reason that I believe I am successful at it is that, regardless of whether I am “doing” social media for myself or a client, I always… always… recognize and respond with any interaction. Whether it’s something as small as favoriting a tweet, or as big as writing an article… social media boiled down to it’s very basic is about interaction. If people are interacting with you, or your company, interact back. It’s that simple.

In my career, I’ve had the privilege of working with many prestigious companies with high visibility in our industry. I’ve just returned from New Orleans and the National Automobile Dealer’s Association Convention in which I handled pre-show and live social media for 12 companies. NADA marks the 15th automotive industry event I’ve conducted social media marketing for whether it was for the conference itself or for exhibiting or sponsoring companies.

Other than the fact that I get money for doing it (which is a great thing), the most rewarding aspect of any position is to get recognized by peers and industry influencers for a job well done. I don’t normally write self-promoting type stuff but I’ve simply been overwhelmed by the feedback I received from my work at the NADA Convention.

The funny part is that I don’t really consider myself a “vendor” per-say. I mean, I get paid for my services but when dealers (or vendors) ask me the inevitable “Who are you with?”, I simply reply “I’m with Arnold.” I love my job and get to meet and interact with tons of intelligent, smart and successful people in our industry from the entire spectrum – dealership personnel, dealers, vendors, members of the media, etc. – and because I’m not soliciting anyone, it’s always genuine face-to-face interaction.

My good friend, Kevin Frye, included me in his NADA video.

In their NADA recap article, AutoMotion featured some of my tweets intended to break up the monotonous “come to our booth” messages and introduce some entertainment into the Twitter feed. If we want dealers (or vendors for that matter) to recognize the value of Twitter, it’s got to be interesting when they look at it, wouldn’t you agree? (Check out hashtag #NADATips if you want to see some.)

DealerTrack‘s social media person (whoever you are) did a fantastic job interacting with people – including myself – at NADA with the @DealertrackDMS account.

Many local New Orleans companies also showed their social media savvy including what became one of my favorite spots – The Cat’s Meow – which I visited four nights including assisting in organizing an event for VinSolutions in 4 hours that saw over 200 guests attend. The Cat’s Meow was super accommodating on all of those nights as well as super interactive and responsive with their @catskaraoke Twitter account. It’s not often that you  get to meet the person who is actually interacting with you from a local establishment like this but I was able to on my final night out in New Orleans. Kudos to her!

I also got the opportunity to hang out with the AutoTrader.com and Haystak Digital Marketing team there one night and, of course, had to throw some shout-outs to them to the tune of “Crazy Little Thing Called Love” by Queen on stage. [Here’s a LINK to the video if you really want to hear me sing.]

The fact that many of us got stranded in New Orleans due to inclement weather presented PCG Consulting and Brian Pasch with the opportunity to provide a bonus educational opportunity to stranded NADA attendees that was given the name the “PCG Freeze Out” which I was fortunate enough to participate in.

I know I’m forgetting some people as I was fortunate to interact with a ton of people. Over the course of NADA, I was astounded by the response and stats from only my personal Twitter account @arnoldtijerina –

Screen Shot 2014-01-31 at 11.02.00 AM

but the most humbling feedback, BY FAR, came from long-time industry expert and insider, Cliff Banks, owner of The Banks Report (which you should subscribe to), when he tweeted this:

Thanks to everyone for all of their support. I truly enjoyed all of the interactions I had at the show whether they were as myself or on behalf of a client and I look forward to seeing everyone again at the next event.

P.S. And many thanks to Helion Automotive Technologies for the rocking caricature and to the NADA Convention for the $150 gift card to Mr. B’s Restaurant. My wife and her friend LOVED the dinner. I was too busy.. well.. tweeting… but appreciate it just as much.

In The Trenches During The AutoTrader Acquisition Of VinSolutions

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(Originally published in Dealer magazine)




As I’m sure you’re probably aware by now, AutoTrader announced Wednesday that they had reached an agreement to acquire VinSolutions.


I was in the unique position to actually be with most of the executive leadership and employees of VinSolutions when the news broke. I was also with HomeNet Automotive when the rumors started that AutoTrader was working to acquire HomeNet Automotive. I also came really close to working directly for AutoTrader as they attempted to recruit me and, ironically, I was actually at an event in Colorado that Chip Perry was in attendance when I was informed by the Autotrader recruiter that I was “not worthy” (their loss). I like to think that AutoTrader is following me around acquiring companies I work for simply because they actually want to “acquire” me. (That’s my story and I’m sticking to it.)


After my initial shock passed, as an employee of a media company, the investigative part of me started paying attention. What I expected to see was executive management in a celebratory mode making plans to roll around in the pile of money they must have just made. I expected phone calls being made and Internet leads being submitted for new Ferraris. I expected VinSolutions employees to be anxious about their future employment and having a feeling that this company, that they all were very proud to be a part of, was at an end. I saw none of that.


What I saw was quite the opposite. Executive management and VinSolutions employees were still talking to dealers. VinSolutions employees were excited. The entire team was customer focused, not acquisition focused. In fact, it really seemed as if VinSolutions had acquired AutoTrader rather than the opposite. They weren’t feeling as if this was the end, quite the contrary. They felt like this was the beginning. They were excited about the incredible resources and value now available to VinSolutions to make their product(s) bigger, better and faster than they ever were able to before.


What makes this acquisition a historic moment is that this is the first time in our industry’s history that a non-DMS company has acquired a company that does what VinSolutions does. VinSolutions wasn’t interested in being acquired by a DMS, because several trends inevitably happen: the acquired company immediately loses half their market share, but they also fall into this virtual black hole eventually disappearing never to be heard from again.  AutoTrader “could” make VinSolutions the hub of their operation powering and integrating with ALL of the AutoTrader/Cox owned properties acquired in recent history.


With all of the properties that AutoTrader owns, they are in the unique position to dominate the automotive market. All of these properties, prior to their AutoTrader acquisition, had stellar reputations within the industry and with their customers. AutoTrader “could” leverage these properties to offer an unprecedented value to their customers. Whether (and how) they do this is still up in the air.


Not discounting the incredible value and loyalty that current VinSolutions customers have, ultimately VinSolutions is more than just another company. In fact, the people DEFINEVinSolutions. Yes, they have innovative solutions and offer the power and convenience of a completely integrated solution to dealers. VinSolutions could easily be named “Mike-Sean-Matt-Kendall-Solutions,” but that would certainly be hard to create a marketing campaign for. Why? The reason is simple. Mike Dullea, Sean Stapleton, Kendall Billman and Matt Watson ARE VinSolutions. Without them, AutoTrader would now own air. I sincerely hope that AutoTrader recognizes this (if they don’t already) and just like a NFL team, these people were signed to 20-year contracts. If you buy the Colts, you make sure Peyton Manning is included in the deal. Yes, VinSolutions’ integrated dealer solution offers great value to their customers. They are continuously looking to improve the value VinSolutions offers to their customers. The dedication and passion that these people, along with the entire VinSolutions team define VinSolutions.


As I talked to VinSolutions’ dealers that are attending this event, their concern had nothing to do with money/price increases, etc. It was completely focused on how AutoTrader would change WHO VinSolutions IS, and who they are is the key to their success. Yes, there are other people who can be a CEO. Yes, there are other people that can run a sales team. Yes, there are other programmers. Yes, there are other people who can be the “website” guy. The fact is that there is NOBODY that can replace these people, perform with the passion, dedication and experience that they have and perform at the level that they do. Disregarding the standard “business as usual” statement, VinSolutions truly has a culture of family. That family makes them who they are.


In my eyes, AutoTrader didn’t acquire a company; they acquired the equivalent of the Justice League of America. Take away any member of that team; the Justice League ceases to exist. JLA without Superman isn’t the Justice League of America. What made the JLA the powerhouse that they were was the collective power that they all brought to the table.


Does the competition need to be worried, absolutely, but not because all of a sudden VinSolutions is now owned by AutoTrader, but because AutoTrader acquired Superman, Batman, the Flash and the Green Lantern and, most importantly, a family.

What Did Google Do?

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(Originally published on Dealer magazine)




UPDATE: 5/12/2011: The $500 million set aside was for a Department of Justice investigation surrounding whether Google allowed online pharmacies to use Google’s advertising platforms to illegally sell prescription drugs. LINK


It’s all over the news today. Google reported in its SEC filing that they have set aside $500 million for an anticipated settlement into a Department of Justice investigation of the use of Google Adwords by “certain advertisers.” The comment is intentionally vague and details of the investigation itself have not been released. The statement in question is this:



“In May 2011, in connection with a potential resolution of an investigation by the United States Department of Justice into the use of Google advertising by certain advertisers, we accrued $500 million for the three month period ended March 31, 2011. Although we cannot predict the ultimate outcome of this matter, we believe it will not have a material adverse effect on our business, consolidated financial position, results of operations, or cash flows.” (Note 16 in filing)


Many car dealerships use Google Adwords as part of their online marketing strategy. The phrasing of the comment is interesting. “Certain advertisers” can mean many things ranging from a few to a large amount. “Certain” doesn’t mean small, it only means “not all” in this context. Then we have the interesting part that states this investigation stems from the use of the advertising by its users (implying that it’s not by Google itself). If that’s the case, it’s curious that Google is under investigation. If its advertisers were misusing the Google Adwords program, you’d think it would be an internal violation of their Terms of Service issue, not something that Google itself would be under investigation for much less anticipating a $500 million settlement.


It would seem logical that Google played some part in allowing (or assisting) in this misuse. What other scenario would explain why the Department of Justice is investigating, and holding liable, Google itself? Speculation includes favoring some advertisers over others, fixing its bidding system to maximize bidding amounts, skewing search results to favor its own products and penalizing advertisers that also advertise with other search engines. It is also unclear whether Google would be paying this potential settlement to the DOJ or to its advertisers. The Department of Justice has yet to comment.


This investigation has a potential impact on just about every aspect of the automotive business: from manufacturers to dealerships to 3rd party lead providers. It will be interesting to see how this plays out and exactly what Google is under investigation for.


$500 million is a pretty hefty figure for it to be on the line for so the assumption would be that this is not a small violation (or potential) of something. Considering Google’s income comes primarily from its advertising, it’s hard to believe the investigation is somehow unrelated.


The conspiracy theorist in me is very interested in hearing more about this.

In The Trenches During The AutoTrader Acquisition Of VinSolutions

By

As I’m sure you’re probably aware by now, AutoTrader announced Wednesday that they had reached an agreement to acquire VinSolutions.

I was in the unique position to actually be with most of the executive leadership and employees of VinSolutions when the news broke. I was also with HomeNet Automotive when the rumors started that AutoTrader was working to acquire HomeNet Automotive. I also came really close to working directly for AutoTrader as they attempted to recruit me and, ironically, I was actually at an event in Colorado that Chip Perry was in attendance when I was informed by the Autotrader recruiter that I was “not worthy” (their loss). I like to think that AutoTrader is following me around acquiring companies I work for simply because they actually want to “acquire” me. (That’s my story and I’m sticking to it.)

After my initial shock passed, as an employee of a media company, the investigative part of me started paying attention. What I expected to see was executive management in a celebratory mode making plans to roll around in the pile of money they must have just made. I expected phone calls being made and Internet leads being submitted for new Ferraris. I expected VinSolutions employees to be anxious about their future employment and having a feeling that this company, that they all were very proud to be a part of, was at an end. I saw none of that.

What I saw was quite the opposite. Executive management and VinSolutions employees were still talking to dealers. VinSolutions employees were excited. The entire team was customer focused, not acquisition focused. In fact, it really seemed as if VinSolutions had acquired AutoTrader rather than the opposite. They weren’t feeling as if this was the end, quite the contrary. They felt like this was the beginning. They were excited about the incredible resources and value now available to VinSolutions to make their product(s) bigger, better and faster than they ever were able to before.

What makes this acquisition a historic moment is that this is the first time in our industry’s history that a non-DMS company has acquired a company that does what VinSolutions does. VinSolutions wasn’t interested in being acquired by a DMS, because several trends inevitably happen: the acquired company immediately loses half their market share, but they also fall into this virtual black hole eventually disappearing never to be heard from again.  AutoTrader “could” make VinSolutions the hub of their operation powering and integrating with ALL of the AutoTrader/Cox owned properties acquired in recent history.

With all of the properties that AutoTrader owns, they are in the unique position to dominate the automotive market. All of these properties, prior to their AutoTrader acquisition, had stellar reputations within the industry and with their customers. AutoTrader “could” leverage these properties to offer an unprecedented value to their customers. Whether (and how) they do this is still up in the air.

Not discounting the incredible value and loyalty that current VinSolutions customers have, ultimately VinSolutions is more than just another company. In fact, the people DEFINE VinSolutions. Yes, they have innovative solutions and offer the power and convenience of a completely integrated solution to dealers. VinSolutions could easily be named “Mike-Sean-Matt-Kendall-Solutions,” but that would certainly be hard to create a marketing campaign for. Why? The reason is simple. Mike Dullea, Sean Stapleton, Kendall Billman and Matt Watson ARE VinSolutions. Without them, AutoTrader would now own air. I sincerely hope that AutoTrader recognizes this (if they don’t already) and just like a NFL team, these people were signed to 20-year contracts. If you buy the Colts, you make sure Peyton Manning is included in the deal. Yes, VinSolutions’ integrated dealer solution offers great value to their customers. They are continuously looking to improve the value VinSolutions offers to their customers. The dedication and passion that these people, along with the entire VinSolutions team define VinSolutions.

As I talked to VinSolutions’ dealers that are attending this event, their concern had nothing to do with money/price increases, etc. It was completely focused on how AutoTrader would change WHO VinSolutions IS, and who they are is the key to their success. Yes, there are other people who can be a CEO. Yes, there are other people that can run a sales team. Yes, there are other programmers. Yes, there are other people who can be the “website” guy. The fact is that there is NOBODY that can replace these people, perform with the passion, dedication and experience that they have and perform at the level that they do. Disregarding the standard “business as usual” statement, VinSolutions truly has a culture of family. That family makes them who they are.

In my eyes, AutoTrader didn’t acquire a company; they acquired the equivalent of the Justice League of America. Take away any member of that team; the Justice League ceases to exist. JLA without Superman isn’t the Justice League of America. What made the JLA the powerhouse that they were was the collective power that they all brought to the table.

Does the competition need to be worried, absolutely, but not because all of a sudden VinSolutions is now owned by AutoTrader, but because AutoTrader acquired Superman, Batman, the Flash and the Green Lantern and, most importantly, a family.

Originally published on DealerElite.net and ADM

BREAKING NEWS: Autotrader Acquires HomeNet Automotive

By

I have just been informed through a very reliable source that Autotrader has officially acquired HomeNet Automotive.

(EDIT: Below is copy from this morning’s official press-release.)

ATLANTA and WEST CHESTER, Pa., Dec. 1, 2010 — AutoTrader.com, the Internet’s ultimate automotive marketplace and consumer information website, has agreed to purchase HomeNet Automotive, a leading provider of online inventory management and merchandising solutions.

The purchase is expected to close by the end of the year.

The addition of HomeNet to the AutoTrader.com family of companies and brands provides AutoTrader.com with a best-in-class inventory management solution for the thousands of auto dealers who use AutoTrader.com to present their inventory of new, used and certified pre-owned (CPO) vehicles to online vehicle shoppers.

Founded in 1996, HomeNet’s proprietary “Get. Edit. Deliver” technology has helped thousands of automotive dealers nationwide generate a high volume of leads and increase online vehicle sales.  HomeNet’s signature solution, the Inventory Online (IOL) vehicle marketing suite, is an industry-leading vehicle inventory management and marketing system.

AutoTrader.com’s purchase of HomeNet will bring a variety of benefits to dealers who post vehicles for sale on AutoTrader.com and to car shoppers who use AutoTrader.com to research and compare vehicles, find dealer specials, review inventory of cars for sale and select dealerships to visit.

For dealers, incorporating HomeNet’s proprietary inventory management system into AutoTrader.com’s dealer tools will allow for easier and faster inventory management and merchandising online.  Dealers will be able to upload their listings faster, make updates and adjustments to their listings more easily and overall enjoy more flexibility and control in presenting their inventory for sale on AutoTrader.com.

Consumers shopping for vehicles on AutoTrader.com will have access to better vehicle information, enhanced listings that include more photos and dealer comments, advanced search capabilities and more frequent updates and information about the cars they are shopping for and researching.

The agreement to purchase HomeNet is the third in a series of acquisitions AutoTrader.com has announced in recent months.  In September, AutoTrader.com announced the purchase of vAuto, the automotive retail industry’s leading provider of advanced software tools for used vehicle management, pricing and inventory optimization.  Then, in October, AutoTrader.com announced its planned acquisition of Kelley Blue Book (www.kbb.com), one of the most recognized and influential brands in the automotive industry.

“We are always looking for opportunities to grow our company, organically or through acquisitions, in ways that will make AutoTrader.com even more valuable to the auto manufacturers and dealers who advertise on our site and to the 15-million-plus consumers who shop for vehicles on our site every month,” said AutoTrader.com President and CEO Chip Perry.  “We were fortunate to be in a position to purchase vAuto and to agree to purchase Kelley Blue Book and HomeNet when these companies came available and we are excited about the value our combined companies can bring to the very competitive automotive shopping and marketing industries.”

AutoTrader.com plans to operate HomeNet as an independent subsidiary.

Bob Landers, a 10-year AutoTrader.com veteran sales executive who was formerly vice president for AutoTrader.com’s Southeast division, has been appointed general manager and vice president of HomeNet.  He will be the top executive at the company, replacing founder and former president and CEO Jesse Biter.  Landers will work directly with other leaders at HomeNet and be responsible for day-to-day operations and long-term growth at HomeNet.

About HomeNet Automotive, LLC:  HomeNet Automotive helps the automobile industry save time and sell more vehicles. It is the leading provider of inventory merchandising, management, and marketing solutions, led by its flagship product, Inventory Online (IOL) Internet Marketing Suite. IOL is a web-based vehicle marketing solution that helps tens of thousands of automotive dealers to engage buyers online and bring them into the showroom by streamlining the process of converting raw vehicle data into consumer-friendly and emotional online ads. For more information, please email sales@homenetauto.com, visit http://www.homenetauto.com, or call (877) 738-3313

About AutoTrader.com

Atlanta-based AutoTrader.com, created in 1997, is the Internet’s ultimate automotive marketplace and consumer information website. AutoTrader.com aggregates in a single location millions of new cars, used cars and certified pre-owned cars from thousands of auto dealers and private sellers and is a leading online resource for auto dealers, individuals and manufacturers to advertise and market their vehicles to in-market shoppers. The company also provides a robust suite of software tools for dealers and manufacturers to help them manage and market their vehicle inventory and display advertising on the Internet. AutoTrader.com continues to grow key business metrics, including revenue, profitability and site traffic. Today, AutoTrader.com attracts more than 15 million unique monthly visitors who utilize the site to review descriptions, photos and videos of vehicles for sale; research and compare vehicles; review pricing and specials; and read auto-related content like buying and selling tips and editorial coverage of major auto shows and automotive trends. AutoTrader.com operates two other auto marketing brands, AutoTraderClassics.com and AutoTraderLatino.com. AutoTrader.com also owns used vehicle management software company vAuto. AutoTrader.com is a majority-owned subsidiary of Cox Enterprises. Providence Equity Partners is a 25 percent owner of the company and Kleiner Perkins Caufield & Byers is also an investor. For more information, please visit www.autotrader.com.

SOURCE AutoTrader.com

Originally published on DrivingSales.com

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