The role of technology in the evolution of aftersales
By Harm Stavast - Commercial Director - Keyloop Africa
Share with friends
South Africa's automotive landscape is undergoing a significant shift, with dealerships needing to adapt to changing consumer preferences to ensure loyalty, and aftersales play a crucial role in this.
Although the car buying process is often front of mind when we think of a retailer’s business operations, aftersales are the lifeblood of many dealerships, and they are where smart retailers are focusing their efforts.
To create an optimal aftersales experience, retailers must lean into the power of technology to transform their customer relationships and deliver a seamless journey for them. Research from McKinsey reveals that, in a world where experience drives loyalty as much as price, the majority (53%) of customers consider a better service experience to be more influential than the purchase experience in the entire customer journey. So, today’s retailers need to operate more than just dealerships; they need to be running experience centres.
Technology platforms are key to connecting data and streamlining operations to create a frictionless experience. Keyloop's platform enables retailers to deliver a great end-to-end service, boost efficiency with accurate work tracking, drive upselling with personalised communication, and use powerful data to drive customer loyalty.
For retailers looking to stand out from the competition, not only does this improve the overall effectiveness of their businesses, but it also enables them to foster better relationships and build longer-term consumer loyalty, in turn improving sales opportunities and boosting margins.
Find out how Experience-First is transforming the automotive retail industry and how you can apply these lessons to your business.https://keyloop.com/
A renewed focus on customer care and the well-being of the employees, is high on the agenda of Jaco du Preez, newly appointed General Manager at Waterberg Toyota in Limpopo.
The Reserve Bank (SARB) has announced a 25-basis-point cut to the repo rate, reducing it to 7%. As a result, the prime lending rate for commercial banks will drop to 10.50%.
The African Association of Automotive Manufacturers (AAAM) is accelerating its efforts to strengthen industrialisation and develop Africa's automotive value chain through the appointment of a new Project Manager.
Human beings have an innate inner drive to be autonomous, self-determined, and connected to one another. And when that drive is liberated, people achieve more and live richer lives.
The Reserve Bank (SARB) has announced a 25-basis-point cut to the repo rate, reducing it to 7%. As a result, the prime lending rate for commercial banks will drop to 10.50%.
The African Association of Automotive Manufacturers (AAAM) is accelerating its efforts to strengthen industrialisation and develop Africa's automotive value chain through the appointment of a new Project Manager.
While artificial intelligence (AI) investments offer substantial growth and profitability opportunities for insurance companies, they also introduce new risks that could significantly impact financial performance and credit ratings if not properly managed, according to Morningstar DBRS analysts.