• Hidden Costs 💸 of Vendors – Are They Partners or Problems?

  • Feb 13 2025
  • Duración: 46 m
  • Podcast

Hidden Costs 💸 of Vendors – Are They Partners or Problems?

  • Resumen

  • Does your dealership see vendors as partners or just another expense? 🚘 In this episode of Facts Not Feelings, Brooke Furniss sits down with Joe Akers, NADA veteran and NADA 20 Group Moderator, to discuss how dealers can better navigate vendor relationships and unlock their true potential. From identifying hidden costs to leveraging overlooked data, this conversation will change how you approach vendor partnerships.

    Key Takeaways:
    1️⃣ Discover the hidden costs of misaligned vendor relationships.
    2️⃣ Learn how to spot red flags and ask the right questions when choosing a vendor.
    3️⃣ Uncover the most underutilized data points that can drive better decision-making

    Connect with Our Speakers:

    • Joe Akers: https://qrch.net/so10yqhjwt5o
    • BZ Consultants Group: https://qrco.de/bcqqFo

    Listen on Your Favorite Platform:

    • Apple Podcasts 🎙️ https://apple.co/3DYjWN0
    • Spotify 🎧 https://spoti.fi/3DNNgFI
    • YouTube ▶️ https://bit.ly/3jDwPoO

    ➡️ Whether you're a GM, dealer, or marketing agency, this episode is packed with actionable insights to transform your vendor relationships into true partnerships.

    👉 Don’t forget to like, comment, and subscribe for more episodes of Facts Not Feelings!

    Chapters:
    00:48 - Introduction – Transforming vendors into partners
    01:38 - Hidden Costs of Misaligned Vendors – The True Price of Poor Partnerships
    09:16 - Choosing Long-Term Partners – Finding vendors who align with your goals
    15:32 - Accountability Without Conflict – Managing Vendor Relationships
    21:04 - Fixing the Blame Game – Process vs. Vendor Accountability
    25:55 - Unlocking Hidden Insights – Underutilized Data That Drives Actionable Result
    35:02 - Mastering Vendor Transitions – Avoiding Costly Dealership Mistakes
    41:55 - Lightning Round: Insights, Fun Facts & Dealer Success with Joe Akers

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