PAM aka Patriot Asset Management

We can't wait to see everyone at the BHPH Super Forum at booth 706!

We will be featuring our full line of products that are designed to produce a MASSIVE ROI for BHPH Dealers.

Our services include: reinsurance, VSC, GAP, and other collateral protection products. Patriot also offers our revolutionary PAM GPS to improve your collection and recovery and produce NEW revenue!

We'll see you soon!

We at Patriot wish everyone a Happy 4th of July!

Do you prefer wired or wireless tracking units?

Pros and Cons of Wireless GPS Tracking Wireless GPS devices are becoming increasingly popular, but there are many factors to consider when selecting a GPS tracking device.

As many people begin exploring new career opportunities, we have compiled a checklist on how to reduce dealership turnover.

How to Reduce Dealership Turnover

Dealership turnover doesn’t just decrease morale, it can also cost your dealership thousands of dollars per employee in lost training, time spent interviewing, and dealership resources.

Aside from paying well, giving incentives, offering health coverage, and giving paid time off, there are a number of ways to reduce dealership turnover.

1. Provide exit interviews. You’d be amazed at how many dealerships don’t take three minutes to ask their employees why they are leaving. If 40% of your staff are leaving because of a personality conflict with the same person, it may be time to retrain that person or cut your ties. One lost employee is better than eight.

2. Manage by personality. Get to know your staff and find out what motivates them.

3. Treat employees like people, and ideally like people that you like. You may not love the personalities of all your staff, but all of your staff need your respect. Other employees notice when someone isn’t getting treated fairly and it may affect how trusting they are towards you and your company.

4. Be transparent. Explain why something needs to be done a certain way.

5. Make work fun. A dealership is a competitive environment, so there’s a good chance that most of your employees thrive during friendly competitions.

6. Don’t micromanage. Allow your staff to try new things. Encourage them to find their own way of doing things.

7. Be lenient and promote accountability. Let your staff feel secure enough to own their mistakes without feeling as though they’ll be severely punished for them.

8. When disciplinary action is necessary, ask your employees what they think that action should be. This doesn’t mean that they have final say. It means they are respected and valued enough to have their views considered. This also gives you the opportunity to find out if they are remorseful for their mistakes.

9. Don't make emotional or reactionary decisions. If your sales managers get caught up in the heat of the moment, your staff will feed off of that negative energy.

10. Get your hands dirty. People respect leaders who get involved and are willing to do the work they ask others to do.

11. Promote from within, but provide training. Don’t assume that your best salesman will be good at leading because they make the most sales. Nearly everyone can manage themselves; it doesn’t mean they will make a good leader, at least not without training.

12. Invest in your team. Train new hires well when they enter the dealership and provide periodic training throughout their career. Allow employees who are being considered for promotions to take leadership courses and encourage your staff to cross train. Provide positive reinforcement when they succeed and understanding (and more training) when they make mistakes.

Letting employees know that you trust them and see their value is essential in reducing staff turnover. Empower your team; don’t let them feel stuck in their role.

For more free advice on increasing dealer profits visit patriotassetmanagement.net or call 833-726-0767 ext. 2.

PAM aka Patriot Asset Management Welcome to Patriot Asset Management, "The Revolution in Total GPS Management." We put performance, safety, and transparency above all else and are committed to helping you protect what matters!

Contact PAM today and experience the PAM difference

Happy 4th of July!

Seamlessly provide prepaid oil changes with your FREE Subprime Payment App through Firestone's National Account.

Provide impeccable value to your customers no matter where life may take them!

Ask our team for more information or visit our website at www.patriotassetmanagement.net.

We can't wait to meet so many great dealers at the TX Independent Automobile Dealers Association (TIADA) in Round Rock, TX this July!

TIADA Kalahari promo video

If you're looking to connect with PAM outside of Facebook, check out our website or LinkedIn page!

Patriot Asset Management | LinkedIn Patriot Asset Management | 193 followers on LinkedIn. We support auto dealers and subprime lenders by offering high quality GPS devices that report at a 95+% success rate! | Whether you're an Auto Lender, BHPH Dealer, or Franchise Dealer, we'll provide the tools your need to help your company succee...

Decrease loan risk with unlimited geofencing, compliant recovery orders, 100% device transparency, customizable alerts and reports, and a Subprime Consumer Payment App AT NO ADDITIONAL FEE!

Email [email protected] or call 833-726-0767 ext. 2 for more information.

PAM Portal Overview PAM offers more than a GPS tracking device. Take a look inside our portal and see just some of the features we provide to help your business grow.

Isn't it time your GPS service worked FOR you and provided your team with the commitment, honesty, and transparency you deserve, regardless of your company's size?

Imagine if all of your units came with Inventory Management, Customizable Alerts and Reports, unlimited geofencing, and premium "White Glove" Service.

Join a team that is committed to your success. Contact Patriot Asset Management and experience the PAM difference!

Auto Lender Solutions by PAM Isn't it time your GPS service worked FOR you and provided your team with commitment, honesty, and transparency that you deserve? Imagine if all of your unit...

Most GPS units track at a 60-70% success rate, which is vastly different from our units at a 95% success rate.

PAM is the only GPS company to provide 100% device transparency as well as free tutorials on how to reuse your tracking units for your on-lot inventory and for consumer trade ins!

How to reuse a tracking device with Patriot Asset Management At PAM, we design our features with our customers' success in mind. Our devices can be reused on multiple vehicles with just a few short clicks.

Check out our guide on qualifying walk-in customers where we cover not only which qualifying questions to ask, but HOW to ask them!

How to Qualify Walk-In Customers - Patriot Asset Management Patriot Asset Management provides a vast amount of resources to help car dealers gain customer retention and referrals while increasing sales