Episode 62 — Featuring Guest Korey pulluaim |
A service department can post higher revenue, stronger gross, and bigger repair orders while quietly losing the customers who made those numbers possible. So how can a GM tell the difference between real growth and a good-looking financial statement that’s masking a retention problem?
The answer starts by looking beyond dollars and watching the customer activity underneath them. In this episode of Retention Roadmap, Bill Springer sits down with Korey Pulluaim, Vice President at Pocket 20 and a former dealership GM and operator, to examine retention through the lens of the dealership financial statement. Korey shares the numbers he watches first, why rising labor rates can distort year-over-year performance, and how GMs can balance this month’s profitability with the lifetime value of the customer.
Takeaways from this episode:
Pocket 20
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Retention Roadmap YouTube Channel