Inventory Solutions

Inventory Solution (Analytics)

Inventory Solution (Analytics)


According to a recent report by Polk and Yahoo, 88% of consumers use the Internet before they purchase a vehicle. Take inventory management to the next level and drive showroom results with our Inventory Solution: Analytics Application -- only from Dominion's Dealer Specialties. Our suite of industry-leading pricing, stocking, sourcing and appraisal tools provides real-time market data to increase inventory turn and improve profitability.
 

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Dominion’s New Inventory Solution: Analytics Application empowers dealers to make informed inventory management decisions by analyzing historical results, past experiences and current objective market data. Identify not only what is for sale, but also what is actually selling in your market. This powerful package combines our Traditional Inventory Manager with our full suite of analytics tools, including pricing, stocking, sourcing, and appraisal.

Dominion Inventory Pricing lets you drive traffic to your showroom by pricing your used vehicles competitively.

Today consumers strongly rely on the Internet during the shopping process. In fact, J.D. Powers reports that two-thirds of shoppers utilize independent sites such as Cars.com, eBay Motors, and Kelley Blue Book to locate inventory and make price comparisons. Guarantee the placement of your inventory on these popular car shopping sites and drive more traffic to your showroom by competitively pricing your vehicles.

Take advantage of real-time market-based pricing data to make informed inventory management decisions. With Dominion Inventory Pricing you’ll understand how your inventory ranks against your local competition, so you can quickly make adjustments to guarantee consumers find your used vehicle listings.

Features

  • Compare your vehicles to similar vehicles in your market
  • Filter vehicles by trim level
  • Pro-active alerts let you know when a vehicle is over- or under-priced

Benefits

  • Price your vehicles based on real-time market conditions
  • Drive traffic to your showroom, increase inventory turn and maximize profits by getting your vehicle noticed online
  • Quickly identify problem vehicles and take immediate action to maintain competitive position

Dominion Inventory Stocking helps you increase profit by stocking the best-selling vehicles in your market.

Recent economic impacts have reduced available used inventory in the market. Stocking previously successful models might not bring the same results. Achieve better profitability and increase your turn by stocking high-demand vehicles at competitive prices. Take advantage of Dominion’s real-time, market-based stocking data to make informed inventory management decisions. With this tool, you will gain the insight you need to understand each vehicle’s market value before adding it to your inventory – allowing you to feature the most relevant makes and models on your lot.

Features

  • Identify top-selling segments and vehicles in your market
  • Identify over-stocked and under-stocked vehicles in your market
  • Create buy lists based on current market conditions
  • Easy-to-understand, real-time “Days Supply” number for every vehicle

Benefits

  • Ensure that you have the best inventory mix for your market
  • Quickly identify fast-turning vehicles for your inventory buyer
  • Understand changing market conditions for every vehicle

Dominion Inventory Appraisal lets you make informed buying decisions that boost profits before acquiring inventory.

Confidently make appraisal decisions based on dealership goals and competitive landscape. Dominion's Inventory Appraisal application provides real-time, market-based vehicle values combined with a variety of third-party sources. With this information, you can accurately gauge the actual re-sale value of each used vehicle before purchase. Ensure a quick and profitable sale by understanding the exit strategy on each vehicle from the time of acquisition. Take advantage of our real-time, market-based appraisals to make informed inventory management decisions.

Features
  • Vin Decoding to trim level
  • Access to multiple book values
  • See competitive vehicles in marketplace
Benefits
  • Integrate third-party book and market values in one location
  • Generate consumer reports and justify trade-in values
  • Monitor vehicle history with leading industry reports

Dominion Inventory Sourcing helps you improve inventory turn by sourcing the best-selling vehicles in your market.

Swift market shifts can put you at a disadvantage. Stay ahead of consumer demands by sourcing the best-selling vehicles in your market. Take advantage of real-time, market-based sourcing data to make informed inventory management decisions.

Dominion's Inventory Sourcing application lets you monitor and stock highly in-demand vehicles so that you can stay ahead of the competition. You can quickly create a list of target vehicles and develop a plan for sourcing needed inventory at auction. When combined with Dominion’s data mining solution, DealActivator, Dominion’s solution increases your options by giving you visibility to vehicles owned by your customers

Features

  • Auction run lists from Manheim, Adesa, OpenLane
  • Integration with Dominion’s data mining solution, DealActivator (purchased separately)
  • Easy-to-use controls

Benefits

  • Find desired vehicles at auctions, your own customers, or competitors’ lots
  • One-stop application to find vehicles
  • Plan your vehicle needs prior to attending auctions
  • Find desired vehicles from your own customers with DealActivator integration

Resources

Analytics: Appraisal

Analytics: Sourcing

Analytics: Stocking

Analytics: Pricing


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