PRICING ALIGNMENT

1.

What is the primary purpose of the ProfitTime Alignment box?

To display the ProfitTime pricing alignment of all sister stores within a dealer group

To know the vehicles that don't have and may need ProfitTime pricing recommendations

To see and understand a store/manager's pricing tendencies (priced above, below, or in alignment with ProfitTime Recommendations) by precious metal bucket and the possible effect on ROI

To know the overall ProfitTime pricing alignment for your sold inventory and better understand sales performance by precious metal bucket

2.

Select the recommended actions this dealership should take when reviewing their ProfitTime Alignment.

Check all that apply.

Consider lowering the price on the Bronze and Silver cars into their alignment ranges and going for sales volume even if it means taking some less than desirable ROI outcomes

Consider lowering all vehicle prices to increase sales volume

Consider increasing the prices on the Gold and Platinum vehicles in order to ensure you aren't leaving a lot of gross profit on the table

Consider not taking any action at this time and allowing the market to even out their inventory

3.

Match the ProfitTime Alignment Box to its description.

Use "Pinch & Zoom" to better view screen details on your mobile device.

Gross focused as most inventory is priced above the ProfitTime Recommendations

Volume focused for Platinum and Gold to make up for the gross focus for Silver and Bronze

No bias towards profit or gross — focused on pricing per their inventory's ROI

Volume focused as most inventory is priced below the ProfitTime Recommendations

4.

What ProfitTime price alignment percentage would best reflect a dealer who trusts data science and desires a balance between turn and gross?

55%

65%

75%

85%