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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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Automate insurance offers to car buyers and service customers of the dealership

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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...
SERVICEiQ wins AWA Award for Sales Process

SERVICEiQ wins AWA Award for Sales Process

Feb 1, 2023 | Data Mining, Equity Mining, FRIKINtech, Service Drive

Alex Snyder & Tom Harsha accepting the 2023 AWA Award for Sales Process in SERVICEiQ SERVICEiQ automates offers to customers who just had service done on their car to trade or sell that vehicle to the dealership. Unlike other data and equity mining solutions, no...
What 2022 stats taught FRIKINtech

What 2022 stats taught FRIKINtech

Jan 18, 2023 | Data Mining, Equity Mining, FRIKINtech, Marketing, Service Drive

We brought SERVICEiQ (sends equity offers to service customers daily) to market in late Q4 of 2021, so 2022 was the year for it to ramp. EQUITYiQ (sends equity offers to previously sold customers daily) launched in Q4 of 2022 and is beginning to ramp now. Both...
Wall’s Ford success with SERVICEiQ by FRIKINtech

Wall’s Ford success with SERVICEiQ by FRIKINtech

Sep 19, 2022 | Equity Mining, FRIKINtech

David Friedman, GSM of Walls Ford, expresses his success at mining the service drive. Wall’s Ford in Massachusetts saw immediate results with SERVICEiQ in their first month! SERVICEiQ’s automation launched on Wall’s Ford’s service drive on...
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  • 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...