Andrew Wright, the managing partner at Vinart Dealerships, joins the Roundtable to discuss a topic that they haven't explored in-depth until now. His dealer group is focused on utilizing the internet to provide better access and an improved customer experience to car shoppers in their markets. Based on an article Andrew wrote titled, "Auto Industry Stakeholders Need To Come Together On A Standardized Data Convention."
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What Ted Ings and Andrew Wright discuss in this episode:
- Andrew has a lingering passion for data and data standardization in the auto industry given his involvement in various different boards and organizations. He has a front-row seat to a lot of things going on in the industry.
- Something that frustrates so many dealers is that OEMs splash into the notion that they are going to mandate the solutions dealers can use which causes a lot of friction in the industry.
- There is a lot of conversation around the dealership's tech stack and also removing friction.
- Data is key. It's not so much about the widget on the screen. It's more about having insights into what's actually happening across all rooftops so that dealers can make data-informed decisions.
- The devil is in the data. If we make it about a standardized convention that can facilitate the flow of data, we will go a lot further in streamlining the tech stack and help the industry move forward by removing a lot of friction.
- Listen to the entire episode for even more insights from Andrew Wright.
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Thanks, Andrew Wright
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