Quorum's New "Make More Money" Initiative Demonstrates ROI of Installing its Dealership Management System, XSELLERATOR(TM)
January 22 2014 - 5:00AM
Marketwired
Quorum's New "Make More Money" Initiative Demonstrates ROI of
Installing its Dealership Management System, XSELLERATOR(TM)
New Functionality within the DMS Gives Dealerships the Ability
to Drive Additional Revenue and Management Tools To Monitor
Results.
NEW ORLEANS, LOUISIANA--(Marketwired - Jan 22, 2014) - Quorum
Information Technologies Inc. (TSX-VENTURE:QIS) (Quorum) announced
a new initiative today that it calls "Make More Money" (or M3). M3
is a set of "toolkits", each of which combines four elements:
- Functionality within XSELLERATOR, Quorum's flagship dealership
and customer management system
- Specific corresponding processes and work-flows
- A practical guide to successfully implementing the software and
process
- A specific management measurement method to monitor the
dealership's activity and monetary results for each.
After a brief pilot period with a limited number of dealerships,
Quorum has now developed ten (10) M3 Toolkits within XSELLERATOR
and the initial dealerships have experienced remarkable results. In
aggregate, they are averaging well over $50,000 in additional
customer-pay revenue per month from service and parts alone.
According to Maury Marks, Quorum's President and CEO, "It all
started with a deep examination of how certain successful
dealerships were utilizing key revenue-oriented features within
XSELLERATOR. From there, we have literally changed the culture
within Quorum to focus on how we can help our customers use our
system to generate revenue and customer satisfaction for
themselves."
Mark Allen, Quorum's Vice President of Sales, Marketing and
Services, added, "What M3 does is turn the DMS value equation
upside down. Dealers can now rightfully expect their DMS to make
money for then and demonstrate a return on investment, not just
treat it like an expense that they need to manage. We've figured
out how to do that, and give our customers the management tools to
make sure they continue to be successful at it."
"We are showing the XSELLERATOR M3 toolkits, and some examples
of real-world results, in our booth (#6031) this year at the NADA
conference in New Orleans. We encourage dealers and managers to
come by and take a look for themselves," Allen concluded.
About Quorum
Quorum is a North American company focused on developing,
marketing, implementing and supporting its XSELLERATOR product for
GM, Isuzu, Chrysler, Hyundai, KIA, Nissan, Subaru, NAPA and Bumper
to Bumper dealerships. XSELLERATOR is a dealership and customer
management software product that automates, integrates and
streamlines every process across departments in a dealership. One
of the select North American suppliers under General Motors' DTAP
and IDMS programs, Quorum is the second largest DMS provider for
GM's Canadian dealerships with 25% of the market. Quorum is a
Microsoft Partner in both Canada and the United States. Quorum
Information Technologies Inc. is traded on the Toronto Venture
Exchange (TSX-V) under the symbol QIS. For additional information
please go to www.QuorumDMS.com.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Quorum Information Technologies Inc.Mark AllenVice President of
Sales, Marketing and
Services403-777-0036AllenM@QuorumDMS.comwww.QuorumDMS.com
Quorum Information Techn... (TSXV:QIS)
Historical Stock Chart
From Nov 2024 to Dec 2024
Quorum Information Techn... (TSXV:QIS)
Historical Stock Chart
From Dec 2023 to Dec 2024