myautoIQ AI-Engine: Essential buyer intelligence for your auto-customer engagement and acquisition.
Ever wondered why you are hooked to your favorite streaming video or music app, and online shopping channels? They are driven by artificial intelligence algorithms that continuously recommend the next movie to watch, the next gadget to buy based on learning from interactions with their services and creating a custom behavior profile. myautoIQ’s AI engine provides similar capabilities for your auto customer engagement and acquisition.
myautoIQ AI-Engine knows a lot about your car-buyers.....
Dealer profile fit
“May also like cars”
Ability to buy
Next car preferences
.... what makes them tick, their buying life stage, and more. It enables your auto business to be proactive with customer acquisition by reaching out to new buyers in your neighborhoods for the cars you sell. myautoIQ also scores every online lead in real-time, enabling you to identify the top priority sales leads. Along with the buyer identification and lead prioritization, AI-Engine provides customer and car recommendations for increased customer engagement and conversions.
myautoIQ's AI-Engine brings real-time intelligence to your auto-business
While what we are doing may appear to be rocket science, it is a well-established and straightforward approach for personalizing customer engagement in the online world of shopping and streaming sites; the critical difference is the use of the relevant offline and online data and AI-models for the needs of auto-customer interactions and the full auto-customer journey, from acquisition to engagement to retention. myautoIQ enables you to address key acquisition and engagement problems like:
How do I identify the 20% highest potential leads from the hundreds that I received today?
How do I find 100 most likely luxury mid-size import SUV buyers from potential 50,000 auto customers in the neighborhood?
I have 300,000 leads in my CRM database. Which of them is a potential new car buyer?
Amongst thousands and potentially millions of your dealership or OEM brand customers, who is likely to start a car buying journey, what price range are they considering, and what kind of car are they likely to buy next?
A customer has walked into the showroom or for service. How I get the intelligence to engage the customer based on their needs and preferences?
How does the magic happen?
Auto businesses today are not able to find the buyer because they are unaware of who is actively shopping in their neighborhood. When a buyer does contact the dealership, they frequently get a cookie-cutter response as the sales follow-up team doesn’t have enough intelligence about the buyer.
At the heart of myautoIQ, we solve this problem of missing buyer intelligence through AI. We take 284 different elements of the US auto buying population across different public and subscription datasets, stitch them together and apply machine and deep learning algorithms for the recommendations, predictions, intent recognition, and scoring to provide us the full buyer intelligence.
We use this buyer intelligence to prospect, net-new buyers, score leads, and engage buyers through our products, conquestIQ, and scanIQ and their add-ons.
Essentially what myautoIQ is able to do is that with minimal information, and for most of the online leads we just get name and email, we build the full customer view. We can predict which car they are likely to buy next, whether they prefer luxury, value, or reliability, their buying range, which inventory cars will appeal to the customer, and many more elements.