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VinSolutions Announces 112 Percent Revenue Increase
December 14, 2009
VinSolutions, an automotive CRM and software provider, reportedly announced a 112 percent increase in new business sales revenue over last year.
Company officials attribute the increase to offering a comprehensive automotive CRM, ILM and Web site product.
VinSolutions’ CRM is billed by company officials as integrating CRM services with sites, search engine optimization services, Internet lead and inventory management, credit applications, marketing tools, appends services and desking tools.
“We expect to see similar growth rates as we have experienced for the last year for at least the next 36 months,' Sean Stapleton, executive vice president of sales said, who added that he sees the company's current competitive advantages increasing. 'The dealers deserve and need the most advanced software they can get.'
In 2009, the company signed major integration agreements with such industry partners as DealerTrack Arkona DMS, DealerTrack, CARFAX, Galves, AIS Rebates, ADP, BlackBook, NADA, and DME, a JM Family Enterprise.
VinSolutions’ CRM is billed by company officials as integrating CRM services with sites, search engine optimization services, Internet lead and inventory management, credit applications, marketing tools, appends services and desking tools.
“We expect to see similar growth rates as we have experienced for the last year for at least the next 36 months,' Sean Stapleton, executive vice president of sales said, who added that he sees the company's current competitive advantages increasing. 'The dealers deserve and need the most advanced software they can get.'
In 2009, the company signed major integration agreements with such industry partners as DealerTrack Arkona DMS, DealerTrack, CARFAX, Galves, AIS Rebates, ADP, BlackBook, NADA, and DME, a JM Family Enterprise.
The vendor also became a certified partner or preferred provider of Honda (News - Alert), Acura, GM, Chrysler, Subaru, Volkswagen and Audi. The company opened a new location in Minneapolis in 2009, and is scheduled to open a new office in Dallas during the first quarter of 2010.
VinSolutions sells around-the-clock dealership sales and marketing information to clients, and builds custom dealership Web sites, uploads inventory photos, offers training and consulting services and customer support.
VinSolutions sells around-the-clock dealership sales and marketing information to clients, and builds custom dealership Web sites, uploads inventory photos, offers training and consulting services and customer support.
Last year, VinSolutions announced it completed integration with the RouteOne CAMS to give VinSolutions' clientele access to a point-and-click connection with RouteOne and their affiliated finance sources.
'Having RouteOne integrated with VinSolutions makes for a much more efficient system. We don't have to waste time duplicating customer data or re-entering multiple car deal scenarios for F&I,' said Todd Crossley, owner of Gary Crossley Ford, at the time, adding the zinger line 'it makes the managers' lives so much easier that they actually use it.'
'Having RouteOne integrated with VinSolutions makes for a much more efficient system. We don't have to waste time duplicating customer data or re-entering multiple car deal scenarios for F&I,' said Todd Crossley, owner of Gary Crossley Ford, at the time, adding the zinger line 'it makes the managers' lives so much easier that they actually use it.'
David Sims is a contributing editor for TMCnet. To read more of David’s articles, please visit his columnist page. He also blogs for TMCnet here.
Edited by Amy Tierney
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