If you’re losing business to more competitive offers, or passing on deals that are now performing well for other lenders, you could be taking a painful one-two punch to your bottom-line.
You sacrifice the immediate profit of the sale and the long-term revenue generated throughout the life of the loan and you lose the priceless opportunity to build a customer relationship that drives future auto purchases and word-of-mouth references.
Lost Sales Insights integrates Equifax and Dealertrack data for insights that can help you:
- Track approved, but unbooked or declined, transactions to see where competitors are winning potentially profitable business, and adjust your sales and lending strategies accordingly.
- Gain market intelligence around loans that were lost to help maximize immediate and long-term profitability.
Lost Sales Insights provides actionable insights to help drive your business forward.