Automotive Dealer Study Reports an Increase in Social Media Activity

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Washington, DC, February 9, 2010 — GOSO, a web and social media company headquartered in Washington, D.C., has released an independent study which indicates dealerships in the United States have aggressively pursued social media strategies. The report claims that 25.5% of all dealerships have a Facebook page and 10.9% have a Twitter account. This does not include the large amount of dealers that have created user accounts for their dealerships. This report was based on NADA’s report in late 2009 which indicated that there were 20,010 automotive dealerships that sold new and used vehicles.

In the report, GOSO contacted several companies that had made claims that social media played a large role in their overall growth and sales strategy for 2009. Aaron Magness, Director of Brand Marketing and Business of Zappos.com, which was just sold to Amazon for $1.1. billion, said, “We believe that every industry, be it retail, real estate, automotive, etc., has the ability to focus on forming personal connections with the end user. This helps build trust, loyalty and respect with the customer.”

The top brand on Facebook was Chrysler followed by Buick, Chevrolet, Mazda and then Jeep. The top brand on Twitter was Toyota, followed by Chevrolet, Honda, Nissan and then Ford. The total dealerships on Facebook amounted to 5155, whereas the total dealerships on Twitter amounted to 2195. On the web, the most popular searched brand is BMW, followed by Ford, Honda, Lincoln and Mini Cooper.

“Through GOSO and our aggressive marketing efforts, I plan on doubling these numbers by the end of 2010,” said Adam Boalt, Founder of GOSO. “We’ve already had hundreds of dealerships inquire about our social media suite.”

To date, most dealers have been skeptical and don’t see the value in social media but Boalt is adamant to change that. Dell accredited $6.5 million in 2009 earnings to Twitter. Gary Vanynerchuck of WineLibrary.com used social media to build his business to $60 million on his own terms in just a few years.

Boalt and the GOSO team will be appearing on a Motor Week social media segment this Friday, February 12 on Speed Channel and over 200 PBS channels nationwide. In addition, they will be exhibiting at this year’s NADA at booth #515 in Orlando on February 13.

To download the full report, please visit http://www.goso.com.

About GOSO

GOSO is a social media and marketing suite designed specifically for automotive dealers. GOSO is a solution that not only connects to every social network from one place, but also integrates seamlessly with inventory, pulling data from trusted sources to generate rich, dynamic content that can be used to broadcast across the web, reaching out to millions of potential customers. GOSO is a subsidiary of BOALT, an interactive agency based in Washington, D.C.

Other press releases from GOSO.com

• GOSO Secures High Value Mobile Short Code ‘DEALER’ (32537) - March 17th, 2010
• GOSO Makes an Appearance on Speed Network and Over 200 PBS Channels - March 4th, 2010
• Ken Dixon Automotive Confident GOSO Twitter Application Will Increase Overall Sales - January 26th, 2010
• Automotive Dealer Industry API Opens Door to Innovation - January 21st, 2010
• Seth Wadley Ford Increases Customer Satisfaction Using Social Media - January 14th, 2010
• GOSO Introduces the First Automotive Dealer Inventory Facebook Application - January 7th, 2010
• GOSO, an Automotive Dealer Web and Social Media Suite, Partners with Carfax - October 30th, 2009

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