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NEW! Strategic Partnership with Sheffield Financial Elevates the Digital Retail Experience for Dealers and Consumers
The seamless integration of Sheffield's competitive interest rates, Pre-Qualification Process and online credit application into Dealer Spike's digital retailing solution, Payment Genie, allows consumers to estimate monthly payments, and even apply for financing on a specific vehicle or equipment.
How This Partnership Provides Value to You
Capitalize on Increased Efficiencies in your Dealership
You will save time and resources with the ability to identify higher quality buyers and accelerate the purchase process from online to in-store by enabling customers to walk in with a prequalification
Increase Sales Opportunities
Sheffield dealers with Payment Genie will be able to offer consumers flexibile financing plans, quick credit approvals, and a convenient prequalification process while they are shopping, driving more consumers through the purchasing journey.
Provide a More Positive Customer Experience
By allowing purchase process steps and a prequalification to be completed online conveniently, you will provide customers with a more presonalized experience online and a more seamless process in store.
Payment Genie allows shoppers to simply select a unit from the Search Results Page (SRP) or Vehicle Detail Page (VDP), determine the monthly payment for the unit of their choice and progress to your dealership for the final sale.
How Payment Genie Differs from Other Payment Calculation Tools
Meet Consumer Expectations
Consumers expect to be able to complete most, if not all, of the buying process online and to review transparent pricing options directly on your website.
Improves Your Lead Quality
By allowing leads to calculate their monthly payments, Payment Genie fosters serious buyers into moving forward and contacting your dealership.
Simplifies the Buying Process
Shoppers simply select a unit from the Vehicle Detail Page (VDP), explore monthly payment options for the unit and visit your dealership for the final sale.
Minimal Consumer Input Required
Payment Genie is designed to encourage consumers to explore payment options without requiring extensive personal information or a soft credit pull.
Customizes Your Payment Rates
You can customize Payment Genie to your dealership by sharing your lender rates with Dealer Spike, and we will update your payment calculation tool.
Long-Term Savings Opportunity
You can drive a higher caliber of sales leads with Payment Genie at no additional cost when you enroll in our Platinum Website package.
See How Thayer's Marine Achieved Success with Payment Genie
Thayer's Marine launched Payment Genie in August 2022. On the very first day, they landed four leads that turned into sales in less than 30 days.
"When you can see [the payment calculation] right in front of you, it makes the purchase a lot easier. ... People have come in and said, `Wow, this was really helpful to me.'"
- Thayer's Marine, Payment Genie Customer Since August 2022
See More Dealer Successes
Since Payment Genie's launch in June 2022, dealers have collectively acchieved the following results:
50% Increase in Lead Conversions -
More shoppers are taking concrete steps toward becoming buyers
More shoppers are taking concrete steps toward becoming buyers
30% Submission Rate -
Indicates a high level of shopper engagement and willingness to take action
Indicates a high level of shopper engagement and willingness to take action
90% Increase in Sales-Qualified Leads -
This is an indicator that Digital Retailing is meeting customer expectations and provided highly qualified deals to the dealer
This is an indicator that Digital Retailing is meeting customer expectations and provided highly qualified deals to the dealer
Are you ready to achieve similar results?
