There is no question that the automotive industry has become one of the most important commercial sectors in the world today. However, many people fail to realize all the specific elements that make up this sector. From manufacturing to consumers, there are many important steps a vehicle must travel through. In fact, one of the most important, if often overlooked, components of the automotive industry are dealerships.

Dealerships serve as the essential middleman between an automobile manufacturer and the consumer. At a dealership, sales professionals are employed to explain vehicle options to potential buyers and ultimately facilitate the transfer of ownership. Both used and new automotives can be purchased at a dealership, and the thousands such facilities worldwide make up the major source for vehicle sales.

Automobile dealerships generally stock a wide range of vehicle options. They are also able to customize products with special orders to suit a consumer’s specific needs. In general, dealerships stock such vehicles as motorcycles, cars, light trucks, vans, and some water sport devices.

Perhaps one of the most vital roles dealerships play is in determining the actual selling price of a vehicle. Unlike other products, automobiles are fairly flexible in terms of the buyer’s power to influence how much he or she will pay. Negotiating a “good deal” is an essential component of the vehicle purchasing process at a dealership. Thus, the dealer must be aware of various market considerations to ensure a profit is made without losing consumers to competitors. Dealerships may also offer leasing options. This allows them to retain ownership of a vehicle and temporarily rent it out to a user for a period of several years. This provides consumers with a more affordable option for accessing an automobile. It also gives the industry access to people who otherwise would be unable to spend income on an automobile.

Once a consumer decides to purchase an automobile from a dealer, he or she must also use the dealership to facilitate financing. Most vehicle purchases are not made in cash. Rather, they are paid on a set schedule for a number of years. Instead of procuring a loan from a separate lending institution, most dealerships provide financing services through participating partners. This can be done simply at the dealership without much pressure placed upon the consumer to investigate several banks. Additionally, some dealerships help consumers procure automobile insurance and appropriate license plates. Thus, dealerships become “one stop shops,” for automobile purchases. This is not only a convenience for customers, but also helps increase automobile revenues.

In addition to facilitating sales, dealerships are a consumer’s primary resource for vehicle care. Most dealerships offer mechanical services to vehicle buyers for years following the initial transaction. This helps keep consumers active in the automotive economy even beyond the actual purchase of a vehicle. This provides considerable numbers of jobs in the automobile industry for those who understand vehicle mechanics. Subsequently, dealerships help expand the automotive sector in yet another way.

Ultimately, dealerships are an integral part of the automotive business. They play a number of important roles that are necessary to the survival of this industry. Without dealerships, it is unlikely automobiles would be as accessible to the general consumer public.

The data collected about the paid surveys says that only about 20% of the survey opportunities offer on the internet are legitimate. The others are there to make some quick money and then disappear. This means that if you come across 5 paid survey sites or offers, only one of them is legitimate and genuine. But you need not be scared.

This does not mean that I am trying to scare you away from getting into the online paid surveys and refraining you from availing the opportunity. I have also come across many people who are earning decent amount from these surveys. All they have to do is just open the mail box and avail the survey opportunity they are offered.

You seem to be ready to join one now. But wait! Before you join a survey site or a panel, make sure the one you chose is a legitimate paid survey company. You might find it difficult to decide if you are new to this field because there are several devious websites filled of lies. They are just trying to tempt you into paying the membership fee – and then forget it. Some of them change their web name frequently, as one can get a new domain name for only $7. Along with that, the remove previous references or reviews sent to them.

Moreover, if there is any warning sign mentioned at some other place, the link will become invalid.
Even then, there is a ray of hope. I have experienced a lot of legit survey sites and am aware of the tactics adopted by the scam ones. I would be honored if someone could benefit from my experience and earn some extra cash. All am trying to do is to help keep you from getting deceived and letting you reap the benefits of this ever-growing industry.

All you have to do is a little bit of research into the previews regarding the site you are testing. Just enter the site title into a search engine, click search, and start reading. I am sure, in a little time, you will be feeling much more confident about what to do. I have already done that and that is why I am writing these words.

While the Internet has created entrepreneurial opportunities for the likes of both Fortune 500 companies and sole proprietors working out of their basement, the fundamental entrepreneurial dilemma still remains: how can entrepreneurs break into an already established market?

In this article, we’ll outline the steps that entrepreneurs need to follow to break into and conquer any industry online. To reinforce the power of this formula, we’ll use industry giants Google and Apple as case studies.

Step #1: Identify The Reigning Champ.

If you’re going to break in and conquer an industry, you need to know who you’re looking to take it from. Don’t be afraid to aim for the biggest champion; if you don’t you’ll never get there.

Example: Entrepreneurs who wanted to take over the search market would identify Google as the reigning champ. Likewise, entrepreneurs looking to conquer the digital music market would look to Apple as the current market leader.

Step #2: Identify the Champ’s Powers and Priorities.

To understand how to beat the champ, you have to first understand how the champ works. To do this, entrepreneurs need to focus on the reigning champion’s powers and priorities.

Powers are what resources and skills the firm has. A firm’s powers are critical to understanding how the firm gained dominance in the first place. Note that many firms — especially those that have a very strong foothold on an industry — have multiple powers. To help keep things simple, focus on identifying the champ’s most important powers.

Priorities are what values the firm has that dictate how it proceeds. Priorities are generally closely associated with how the company earns revenues: whatever it does to earn revenue is a priority, as that’s what allows the company to stay in business and grow.

Below is a look at the powers and priorities of Google and Apple.

Google
Powers: Their biggest skill is the amount of text-based information they have in their database. Their specialty is delivering breadth of information so that its users can quickly find even the most obscure facts.

Priorities: How does Google make its money? Primarily by people clicking on the sponsored links on its search page. So, getting users to click on ads so that advertisers can pay them is a top priority for Google.

Apple
Powers: With respect to digital music, Apple’s key power is the iPod. The iPod far and away is the firm’s competitive advantage, and they have demonstrated skill in creating portable music devices that have mass appeal.

Priorities: Just as Apple’s key power is its iPod and its ability to make portable music hardware, it’s key priorities are selling those devices. While the firm does make money selling mp3s, the true cash cow for its digital music division is the mp3 player. So the firm’s priority is to make and sell hardware for digital music.

Step #3: Identify the Right Power for You.

Even if you are immensely talented and sure of the fact that you have far and away the best product, success is unlikely if you are trying to build your business around the same powers that the current champ wields. If you try to develop the same powers the champ has, you’ll be competing with them directly on many fronts — not just on acquiring customers, but also on dealing with suppliers, marketing venues, and employees. Because of this, you should place a big emphasis on cultivating powers that are different than what the champ has. In fact, the ideal scenario is to cultivate powers that are complementary to the current champ’s powers so that you can partner with them. Google itself employed this strategy as they partnered with Yahoo! — the champ Google was looking to dethrone — to power Yahoo! search results from October 2002 to February of 2004. This partnership allowed Google, the underdog at the time, an ability to gain a critical partnership that allowed the firm to expand and eventually overcome the champion they initially befriended.

Example: Google’s primary power is its ability to deliver text-based information. But what about non-text based information, like audio and video files? Search engines like AudioFind, SingingFish, and PicSearch are all engines that are cultivating powers in non-text search.

Likewise, Apple’s primary power is hardware. An underdog looking to take down Apple should aspire to cultivate different powers, such as strong partnerships with music labels to deliver content, and/or flexible programs that provide users with more of the kind of music they are looking for. Rhapsody, Napster, and Yahoo! are some firms that have wisely taken this approach.

Step #4: Have Different Priorities.

Just as you want to have complementary powers, you can also benefit from having different priorities. The rationale for having different priorities is the same as why different powers are needed: you want to avoid competing directly with the reigning champ as much as possible. Essentially, the idea is that it’s easier and far more feasible for an underdog to defeat the champ if he/she takes a “back door” approach rather than taking on the champ head on. What you’re really competing for is not the powers or priorities, but rather the attention of the end user. In other words, to beat Apple at the digital music game you don’t need to roll out a better mp3 player; rather, you need to find a more compelling way to get the end user — who, in Apple’s case, is a consumer of digital music — to give you his/her attention.

Example: Snap.com, an underdog search engine looking to take down Google, has established different priorities by creating a new way that they can attract revenue from advertisers. Instead of getting paid per click from a sponsored listing on their search results page, they plan on getting paid when the user actually completes an action on an advertiser’s site (such as making a purchase). This will cause the company to prioritize getting users to complete actions on their advertisers site — not just getting them to click on an ad.

Likewise, Napster plans on taking the digital music market not by prioritizing the sale of hardware, but rather by making the sale of digital music a priority.

Step #5: Attack The Champ’s Powers.

The way to attack the champ’s powers is NOT by trying to be better than the champ at the champ’s own powers. Instead, the idea is to devalue the champ’s powers in the mind of the end user, and thus shift the basis of competition in the market to what your power is.

How can this be done? The most effective way to do this is to imitate the champ’s power in the cheapest way possible. If you compete on price, you are bound to attract some clients — perhaps those who do not value the service much at all or those that simply cannot afford it. In this way, you can attract some of the champ’s audience, and convert them into utilizing the powers that you have to offer.

Example: Could Napster benefit by partnering with a low-cost mp3 manufacturer and distributing an mp3 player as cheaply as possible? In doing so, it could help to commoditize mp3 players, and thus shift the basis of competition in the digital music market back to content.

The search engine industry is slightly different, but the idea is still very much applicable. Search engines often sell their technology to web portals who need to offer search to their users; as a result, an underdog search engine could freely distribute a text-based search engine to attack Google’s power.

The Tough Part: Identifying Powers and Priorities

Clearly, this five step formula to success is fairly simple and straightforward. The true challenge is in correctly assessing what the reigning champ’s powers and priorities are, and then coming up with viable powers and priorities of your own that will help to debunk the champ. Once that can be done, knocking off the champ will be surprisingly easy.