Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

LotLinx Releases The Future of Search Engine Marketing with an AI Powered App for Automotive Dealers

Results of Two-Year Study Shows That Game Changing AI M***************** Significantly Outperforms Human-Managed Campaigns by Increasing Shopper Engagement While Reducing Average Cost-Per-Click by 60 Percent.

LotLinx, the automotive industry’s leading authority on inventory marketing artificial intelligence (AI) solutions, announced an AI powered search engine marketing (SEM) solution that dramatically improves performance while efficiently utilizing spend.  SEM /AI/ continuously and dynamically optimizes inventory marketing campaigns to account for changing consumer and market trends, marketing each vehicle uniquely.

Dealer monthly spend on SEM has increased exponentially in the past few years along with the amount of data available for every individual search, making it more complex for dealership SEM managers to maintain optimally running campaigns.  The complexity associated with managing campaigns in the face of ever changing consumer and market trends, revolving inventory, and growing competitive pressures is now more challenging than ever.

Read More:  JumpStart 2019: 10 Digital Transformation Trends At Your Fingertips

Related Posts
1 of 40,446

“It takes a tremendous amount of time and expertise to monitor and adjust SEM campaigns based on a comprehensive understanding of all the interrelated variables,” said Eric Turner, Vice President of Product Management for LotLinx. “The AI powered solutions we provide understands the variables and continuously performs 3-4x better than industry benchmarks with little to no internal process or budget changes required.”

A recent LotLinx research study of more than 1,000 dealer SEM campaigns found that the average automotive SEM manager makes fewer than 25 optimization adjustments per campaign, per month. In the same scenario, SEM /AI/ performed more than 3,500 micro-optimization adjustments on average.  A human manager performing the equivalent number of adjustments would take an estimated 30 hours to complete.

Read More:  What AI’s Lifespan Boost Will Mean for Healthcare Managers and Providers

The study also revealed that average cost-per-click (CPC) was reduced significantly, averaging $1.72 per click in AI-managed campaigns versus an average of $4.31 in non-AI managed campaigns. When asked to comment on their experience with the closed beta testing, Florida Fine Cars Marketing Director Jamie Suid said, “We’ve been taking advantage of SEM /AI/  for just over a year now within our core product, LotLinx TURN. There is still nothing like it. No solution out there delivers VIN-specific SEM marketing at scale like LotLinx. Also, it’s run directly out of Google Ads, so the results of your campaign are transparent. It’s all there for you to see.”

Read More:  WORBLI Calls 2018 the Year of Substantive Growth in Blockchain and Predicts Global Expansion in 2019

2 Comments
  1. Scrap copper alloys says

    Copper scrap material analysis Copper scrap buyer Metal reclamation and regeneration
    Copper cable cleaning, Metal retrieval, Scrap Copper export

  2. Metal waste audit Ferrous metal waste Iron reclamation plant

    Ferrous material shredding equipment, Iron recycling and reclamation solutions, Metal waste supply chain

Leave A Reply

Your email address will not be published.