November 01, 2006 - What Gets Measured, Gets Done
"What gets measured gets done". The adage has rung true
with resounding results.
One of our clients asked us measure the length of time a
customer must wait for a response to a sales inquire
Over a 6 month period, dealerships were sent a sales lead
once or twice per month and the length of time to respond
was recorded. Of course it is always subjective as to how
quick, is quick enough, but our client used 5 hours as
being an "OK" response time.
Initially, less than 25% of the dealers were responding
within 5 hours and less than 45% even responded at all.
Feedback was conducted in a variety of ways including the
information being viewable on one of our web sites,
communications with dealership management and visits to
some of the dealerships.
Within 6 months the "OK" responses (within 5 hours) had
more than doubled to over 50% and those that responded at
all increased to near 80%.
At the beginning and end of the 6 month period, a
benchmark comparison was made with other competitive
and while the overall performance at the beginning was
about the same the dealers we worked with were far ahead
of the comparison dealers who did not improve at all.
The significant improvement has pushed this manufacturer's
dealers far ahead of the competition.
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