July 31, 2013

Smartphones Drive Billion Dollar Auto Industry Ad Shift: Study



Browsing for cars on your iPad has done more than speed up your car buying process, it’s forced a dramatic shift in how automakers are spending their ad dollars.

Behavior among new car buyers since 2008 has changed dramatically because of social media. Typical car buyers would spend about six months from starting to dream of a new car to actually buying one. Now, people just browse online and discuss what they want with their friends a month of two before going into a dealer. Shopping for cars is more direct and consolidated.