Core Insights - The article discusses the impact of the cessation of high-interest car installment loans by a state-owned bank, which has significantly affected automotive dealerships that relied on financial services for profit [1] - Automotive dealers are facing challenges such as declining profits, employee turnover, and high inventory levels, necessitating a focus on improving operational capabilities [3] Group 1: Industry Challenges - The automotive market is currently described as oppressive for dealers, with many groups experiencing profit declines and operational difficulties [3] - The cessation of high-commission financial products has further strained the profitability of automotive dealerships [1] Group 2: Strategies for Improvement - Dealers are encouraged to plan sales strategies in advance to avoid last-minute sales pushes, which can lead to disorganized marketing efforts and reduced profitability [3] - A proactive approach is recommended, with monthly planning and early engagement with customers to maintain sales momentum [3] Group 3: Operational Tactics - Dealerships can implement promotional activities such as free gasoline or gold draws to attract customers and enhance brand recall [4] - Establishing communication channels, like WeChat groups, can help maintain customer engagement and reduce sales losses [4] Group 4: Implementation Phases - The implementation of new strategies should follow a four-phase approach: introduction, assessment, maturity, and upgrade, focusing on clear communication and incentive mechanisms [6][7] - The introduction phase involves thorough assessments to identify existing issues and set clear execution standards [6] - The assessment phase formalizes a penalty system to ensure compliance with established standards, promoting fairness and transparency [6] - The maturity phase emphasizes regular monitoring and the establishment of systematic norms to prevent management inefficiencies [7] - The upgrade phase encourages innovation from team members, supported by an innovation reward mechanism [7]