Vast Unveils New CarStory Market Reports to Power AI-Driven Car Sales
AUSTIN, TX - June 15, 2017: Vast’s automotive AI platform, today announced an enhanced version of its Market Reports. The new CarStory Market Reports give customers a complete pricing, condition and feature analysis to discover and decide on the right car—in real-time, on any mobile device.
Eighty-one percent of car shoppers now use smartphones to find cars. Without an intuitive mobile experience, users move on. CarStory Market Reports engage users and give dealers the results they demand.
“I’m always looking for solutions that give our customers a better buying experience,” said Tom White Jr., GM at Subaru of Wichita. “The CarStory Market Reports are like having your best salesperson talking to every customer online. We’ve witnessed the reports shorten our sales process as shoppers quickly move from online browsing to on-the-ground buying. The end result is confidence in dealer inventory, and you can’t put a price on that.”
Over 15 million consumers engage with CarStory each month. Market Reports are generated in real-time for the most accurate view of each vehicle and market. The new release already shows a 300 percent increase in consumer engagement and a 20 percent uptick in lead conversions. Over 7,000 dealers, 50 percent of the top 10 dealer groups and multiple OEMs, including Volkswagen, Hyundai and Ford, currently use the CarStory Market Reports.
“Building on more than ten years of automotive expertise and data, CarStory is uniquely positioned to apply mobile technology and UX to merchandise vehicles and move more inventory,” said Neil Everette, Head of Design at Vast’s CarStory. “The new Market Reports further increase time spent on dealers’ websites, in turn driving conversions. When end users are happy, the whole industry moves forward.”
CarStory remains completely free to dealers, a $400/month value. Dealers that already work with CarStory automatically receive the newly designed CarStory Market Reports. For more information, or to sign up, please visit: dealers.carstory.com.
Powered by the industry’s largest database of inventory and shopper insights, CarStory uses artificial intelligence (AI) and machine learning to help both consumers and dealers make confident decisions. With a network of over 7,000 dealers nationwide, and touching over 15 million consumers a month, CarStory is the leading automotive analytics platform in the industry. To learn more or sign up, visit: dealers.carstory.com.
Vast is the leader in Automotive Vertical AI for automotive industry, applying domain knowledge, expertise and content to service customer-acquisition, vehicle sales and data analysis. Vast’s auto platform, CarStory, supports a number of products including CarStory Market Reports and CarStory.com. Founded in 2005, Vast is the premier provider of automotive big data solutions for the largest brands in automotive. Learn more at vast.com.