AutoLoop Teams Up with 700Credit to Present Paramount Prescreening Solutions for Auto Dealers
CLEARWATER, FL – FEBRUARY 8, 2016–AutoLoop, LLC, a leading provider of auto industry marketing and customer relationship management solutions, announced today a strategic partnership with 700Credit for prescreening services that will provide auto dealers with more leads and better qualified buyers.
AutoLoop provides one of the industry's most powerful equity mining tools, Quote, a dynamic platform which enables auto dealers to automatically pinpoint and target customers in positive equity positions and uses automated direct mail and email marketing channels to communicate relevant offers to those customers in a position to upgrade to a newer vehicle. The integration with 700Credit increases the speed and accuracy of custom quoting, providing immediate insight into what customers are paying – including interest rate, payment terms and even equity position – using only a name and address. With this progressive soft-pull process, Quote and other AutoLoop solutions can now bypass the need for a Social Security number or date of birth and will have no negative impact on the consumer's credit.
"By offering accurate credit data early in the sales process, each customer can be aligned with appropriate vehicle and payment options right from the start," explained AutoLoop Chief Operating Officer Matt Rodeghero. "It helps generate more qualified internet leads and creates a more engaging experience for customers from wherever they shop."
The 700Credit program is fully integrated, affording AutoLoop dealers real-time access to critical customer credit info without ever leaving the Customer Engagement Suite. "Of course, seamless, secure prescreening data is invaluable to dealers – but it also benefits customers by adding transparency into the sales process," Rodeghero explained, emphasizing: "It leads to better deals up-front: as a consumer, who wouldn't want to hear ‘I can get you into this car today with a lower payment than you're making now'?"
CBT Automotive Conference and Expo attendees can check out Quote and all of AutoLoop's many customer engagement products and new offerings on site at Table #7, February 9-11 2016, at the Omni Hotel at the CNN Center, Atlanta, GA; or obtain AutoLoop information by visiting AutoLoop.com.
700Credit is the automotive industry's leading solution for credit reports, compliance products and prescreen services. The company's product and service offering includes credit reports, prescreen services, OFAC compliance, Red Flag solutions, score disclosure notices, adverse action notices and more. 700Credit exists to provide its clients with the highest quality data in a compliant framework in the most time efficient manner possible. For more information about 700Credit, visit www.700credit.com.
Since 2005, AutoLoop has helped automotive dealerships nationwide increase sales, improve client retention and achieve overall higher customer satisfaction ratings. With the AutoLoop Customer Engagement Suite -- an all-encompassing platform that includes everything from CRM and automated messaging to equity mining, service scheduling and more -- AutoLoop is the industry's first and only single-vendor, end-to-end marketing and engagement solution. An Inc. 500 company with nearly 50 million names in our database and over a billion individual communications initiated, AutoLoop is passionate about being America's best customer retention partner for progressive dealerships.