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TRADEiQ

Automate offers to past sold & service customers and respond with AI

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Payments on your website with automated  personalized payment quotes from your CRM

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How Reymore Chevrolet buys cars from service

How Reymore Chevrolet buys cars from service

Jul 13, 2023 | Data Mining, Digital Retail, Equity Mining, Marketing, Service Drive

Bill Bertram, GSM of Reymore Chevrolet, was hosted by TradePending and FRIKINtech to explain how they are automating their used vehicle acquisition from their service...
Innovating Mail to Service & Equity customers

Innovating Mail to Service & Equity customers

Jun 21, 2023 | Data Mining, Equity Mining, FRIKINtech, Marketing, Service Drive

To join EQUITYiQ and SERVICEiQ’s automated texting and emailing, mail solidifies the trifecta of loyalty data mining. QR Codes Product leadership at FRIKINtech consists of former car dealers who did not care for the low tracking capabilities against the high...
White Paper:  Texting Service Customers with Equity Offers

White Paper: Texting Service Customers with Equity Offers

Feb 15, 2023 | Data Mining, Equity Mining, FRIKINtech, Marketing

We already know texting garners immediate responses and is the most-trusted form of communication. Virtually every text is read. Do you know how much stronger it is than mail and email? We have a white paper with that answer: https://frkn.tech/equityMiningSMS...
Customer Text Responses from 2022

Customer Text Responses from 2022

Feb 9, 2023 | Data Mining, Equity Mining, Marketing, Service Drive

If you were ever wondering how people respond to automated offers to buy/trade their car, we can now say only 1% respond outside of the directions. The biggest thing they do is misspell. After that, curiosity gets the better of these cats as they ask to...
FRIKINtech Launches Automated First-Party Data Mining for Dealers

FRIKINtech Launches Automated First-Party Data Mining for Dealers

Nov 16, 2022 | Data Mining, Equity Mining, FRIKINtech, Marketing

EQUITYiQ automatically mines for customers and releases burden from dealers to focus on the sale – not farming through cold calls. WILLISTON, VT (Nov. 11, 2022) – FRIKINtech, the leading provider of automotive dealer engagement technology, launched EQUITYiQ – a...
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  • FRIKINtech is now VehicleLyfe
  • New Beta to get more Used Car Acquisitions from Service & Past Sold
  • How Dealerships Are Winning Inventory Through Service Drives with AI
  • What is Total Service Acquisition Control?
  • Announcing: Total Service Acquisition Control

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Our Opinions

Customers trade cars after 2 years

Customers trade cars after 2 years

The Trade-In Timing Trend Recent data indicates that consumers who purchased a vehicle are increasingly looking to trade it in approximately 24 months after their purchase. They casually re-enter the market after making their 18th payment. It takes them up to 6 months...

Dealership loyalty is off target by 12%

Dealership loyalty is off target by 12%

Improving Customer Loyalty in Car Sales In the competitive landscape of car sales, customer loyalty is a crucial metric that can significantly impact a dealer's success. Currently, car dealers are experiencing a loyalty rate of only 23% from customers who either...

AI is here for SALESiQ leads off dealer websites

AI is here for SALESiQ leads off dealer websites

Leads generated from our TRADEiQ tool have been answered by AI for months and that is generating great results! With the confidence it has inspired there, we are now offering lead follow-up for SALESiQ. SALESiQ places dynamic payments into your dealership website and...

86.8% do not buy the same model they’re driving now

86.8% do not buy the same model they’re driving now

I had the best Used Car Manager when I first started selling cars. Mike Jobson was his name and his way of stating the cold truths of the car business have stuck with me for three decades. When a fresh up was on the lot, but nobody had gotten to them, Mike would yell...