Industry Challenges
Challenges for OEMs
Today most OEMs play a limited role in their customer’s purchase journey, with auto retailers handling most of the relationship with the customer for both on and offline. Combined with internal data silos this lack of direct engagement means that an OEM’s view of their
customers is often fragmented and delivers little value.
As such OEMs need to transform their relationships with dealers so that data flows freely between customer,
dealer, and OEM. Secondly, Auto Manufacturers need a way to then deliver data-driven experiences directly to
their customers which are relevant and consistent. Without these, they risk losing out on after-sales
opportunities and customer retention.
Challenges for Dealers
Being at the forefront of the interactions with the customer, automotive dealers face different challenges to
their OEMs such as:
• Only 23% of retailers believe their companies have adapted well to selling online.
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• Less than one in five OEMs and retailers believe their digital storefronts are engaging and mobile-friendly.
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• 88% of surveyed automotive executives expect that some dealer groups will not survive the disruption caused by
innovative mobility concepts, digitized retail formats, and new market entrants.
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To tackle these current challenges many OEMs are turning to an agency or direct-to-consumer sales model, and taking ownership of the relationship with the customer – a move where technology will play a crucial role in
delivering an effective multichannel experience for the customer. This is why Salesforce has today launched
Salesforce Automotive Cloud.