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HOW A DALLAS MAN TURNS ONE-TIME BUYERS INTO LIFETIME CUSTOMERS

By
Real Estate Agent with Bill Cherry, Realtor 0124242

 Dallasites, whether from generations back or having just moved here, are familiar with the car dealerships that have the Sewell branding.

It's a brand that's been in business for a long time, and appears to be "the country's largest luxury-car dealer." 

Through almost two hands full of stores, they sell Lexus, Hummer, Cadillac, Pontiac, Saab, GMC, and I almost forgot Infiniti.

When Carl Sewell acquired the business from his dad some years ago, he decided that he would step-up the business plan.  His business would consciously provide such an excellence in customer service that it would "turn that one-time buyer into a lifetime customer."

And very dangerously and innovative for the time, that included the total discontinuance of price haggling, the noted but despised foundation of the car business. 

"You'll pay more for that Lexus here than elsewhere, but there is no way that dealer will look after you like we will," he decided his salespeople would say.

So he began studying others, others whose business reputation was exactly what he wanted Sewell Motors to be.  He got some of that knowledge from books, others he got by interviewing successful merchandisers and marketers. 

One, Stanley Marcus of Neiman-Marcus, was a perfect match.  His store had attracted the best clientele and was known for setting the pace for Dallas style.  Mr. Sewell went to see Mr. Stanley, and before long, Mr. Stanley had agreed to be one of Mr. Sewell's advisors.

In 1990, Mr. Sewell wrote a detailed accounting of the Sewell Motor Company plan.  The book is appropriately titled Customers for Life.  And twice since then, once in 1998 and again in 2002, he's updated it to add the new things he's learned about how to keep "customers for life."

My friend, Kevin Johnson, is one of the most important business analysts that Mr. Sewell has.  Last year, when Kevin and I were eating lunch at a Mexican restaurant, he just decided to suggest to me that Mr. Sewell and I exchange books. Kevin would be the catalyst.  So I sent Mr. Sewell Bill Cherry's Galveston Memories and he sent me Customers for Life: How To Turn That One-Time Buyer Into A Lifetime Customer.

Reading Customers for Life would be a worthy investment of your time, especially for real estate brokers and their sales people.  It's published by Currency, an imprint of Doubleday.  It's a $14.95 paperback. 

If for whatever reason you can't get a copy, let me know and I'll put you in touch with Kevin Johnson.

Finally, let me add that there is another business couple here in Dallas that follows this business plan, it's Bob and Marilyn Jackson's Jackson Home and Garden on Lemon Avenue, near Love Field.  Ironically, Jackson's is surrounded by several Sewell Motor dealerships.

NOTE: As of February 21, amazon.com has new copies in stock and 41 used copies of Customers for Life.

Copyright 2008 - William S. Cherry

Comments(9)

Mary Aguilar
David Lyng Real Estate - Monterey, CA
Sounds like a great book - I will look for it on Amazon.
Feb 21, 2008 01:47 AM
Vance Shutes
Real Estate One - Saline, MI
Your Saline, MI Real Estate Connection

Bill,

I've read the book years ago, but the theme of it has stuck with me.  It's been the primary theme of my business since I began in 1994.  To anyone else out there considering the book or it's topic, it's all true. 

 

Feb 21, 2008 01:55 AM
Ann Barker
RE/MAX Dallas Suburbs - Plano, TX
ABR, CRS, e-PRO, GRI
It is a great book.  I learned quite a lot from reading it.  It's especially refreshing when you realize it was written by the owner of car dealerships - it's definitelyworth reading.
Feb 21, 2008 01:56 AM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Bill Cherry, You just keep right on adding to my reading list. I guess I have to say thank you, so "Thank you."

Bill Roberts

Feb 21, 2008 11:04 AM
BILL CHERRY
Bill Cherry, Realtor - Dallas, TX
Broker & Wealth Coach

Miss Mary, Vance, Miss and and Bill --

Ir's nice to read these testimonies, especially since poor Bill Roberts has to be beginning to think I may be just sadistically giving everyone a bunch of dud books to read.

I don't know Carl Sewell.  I wish I did. 

Dallas is a funny town.  It's not like any other big city I've ever lived in or traveled to.  People here never seem as anxious to meet you as you are to meet them.  I find that strange.  You can never, ever have too many friends.

Billycherry

Feb 21, 2008 12:22 PM
Jo-Anne Smith
Oakville, ON

Thanks Bill!

My Dad and Stepmom just gave me a gift certificate for Indigo/Chapters and I'll see if they carry that book....I definitely want to read it.

 If it's not available there, I'll get it from Amazon.

Jo 

Feb 22, 2008 01:14 AM
Joan Mirantz
Homequest Real Estate - Concord, NH
Realtor, GRI, CBR, SRES - Concord New Hampshire
Hi Bill, that sounds like it would be a great addition to our office! Thanks for the tip!!
Feb 22, 2008 09:23 AM
Tim Bradley
Contour Investment Properties - Jackson Hole, WY
Commercial Real Estate Expert in Jackson Hole, WY

Hi Bill,

I met Stanley Marcus many many years ago at a flag raising ceremony in Houston, part of a Boy Scout
event. His reputation is impeccable and his history as a retailer impressive. Thanks for the recommendation - I'll check it out!

Tim

Jun 14, 2008 04:37 AM
BILL CHERRY
Bill Cherry, Realtor - Dallas, TX
Broker & Wealth Coach

Tim, just about anything that is attached to Mr. Marcus has learning potential for the rest of us.  I'm glad you got to meet Mr. Marcus.  Thanks for your comment.

Jun 15, 2008 03:02 AM