Porsche dealer - "I got it wrong with the buy one get one free card". Print E-mail
Written by Jenny Shu
Friday, 23 February 2007
Glen Fergusson - Sales and Marketing manager for a brand new Californian Porsche dealer. Has lost his job and faces possible legal proceedings as the company strives to reclaim the costs of the 18 Porsches given away free under Glen's Opening day "buy one get one free promotion" "I admit I didn't really do the numbers properly on this one" said Glen who told reporters that he had "seen the concept work really well for coffee stores" and in terms of numbers you could argue that Glen's campaign worked. As the new Porsche dealer sold 18 Porsches in the first hour of the store opening.
It took the head office a full hour to realise what was going on and subsequently shut the store.
Local man Bruce Stepper took out a second mortgage on his home after getting a promotional flyer in his mailbox. "I am ecstatic - I brought a shiny red Porsche today, got another one free and I have sold just sold it on EBay, all up I end up getting a Porsche 911 for $5000"
Jane Cameron was arguably even more entrepreneurial. The local Janitor purchased a Porsche using the dealers "no deposit finance plan for low income earners", sold both cars, paid off the finance account and walked away with $120,000 profit. The finance plan was another one of Glen's initiatives that has now been cancelled.
A red faced Glen stated "I have never really been too good at Math and I was sure the whole time we were making money - I was initially blown away by the amount of cars we were selling in that first hour. I had seen the "buy one get one free card" work extremely well for the new coffee shop down the road and thought what a great idea I will try it here."
National spokesman for the dealership chain was quoted as saying "We are just glad that the idiot didn’t have time to run with his 'test drive 5 cars, get one free loyalty stamp card' campaign.
Registered: Oct 2001
Location: Amsterdam, NL (formerly Montreal QC)
lol
This guy gives car salesmen a bad name
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Paul
Apr-22-2007 10:01
Cosmic Fur
Debbie Downer
Registered: Jan 2005
Location: Mississauga, Canada
quote:
Originally posted by oldschool420
lol what an idiot.
+1
quote:
Originally posted by pmoisse
lol
This guy gives car salesmen a bad name
Disagree. The ones that fuck you over when you buy a car give car salesmen a bad name. This one's giving them a pretty good name. We need more salesmen who are as bad at math as him.
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Apr-22-2007 16:30
DarkAngel
.
Registered: Nov 2002
Location: .
quote:
Originally posted by malek
Apr-22-2007 17:21
Pett
Supreme tranceaddict
Registered: Sep 2003
Location: Toronto, Canada
its seems too ridiculous to be true.
Apr-22-2007 17:22
DigiNut
You kids get off my lawn!
Registered: Dec 2002
Location: Toronto, Self-proclaimed Centre of the Universe
It is pretty ridiculous, but I can believe it. Salespeople are often clueless as managers or businessmen since they started out working on commission, knowing that the more they sold, the more money they'd take home. When they actually try to run a business or department, they can't grasp the concept of operational costs or even basic financial issues. They see themselves getting more inventory out the door, and have zero understanding of what it's costing them to do it, so they think they're doing great.
Could still be BS, I suppose, but it's not inconceivable.
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Apr-22-2007 20:33
Swamper
Webmonstah
Registered: Jan 2000
Location: Toronto, Canada
it has to be BS... because.. it's not the salesman that completes the sale - it has to go through the business/finance manager + the sales manager before it's authorized.
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Apr-22-2007 20:35
DigiNut
You kids get off my lawn!
Registered: Dec 2002
Location: Toronto, Self-proclaimed Centre of the Universe
Yeah, upon closer inspection it is definitely BS, looks like it came from this site. Among their other headlines are Snoop Dogg Not an Actual Dog and Man Dies of Verbal Diarrhea. Some relatively funny stuff, I guess - seems like their version of the Onion maybe.
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2048-06-66 - Spastic & Whocares ¶ Although I'm Actually Flattered
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Apr-22-2007 20:41
Jem_hadar
I remember...
Registered: Nov 2003
Location: Pandora (South of Nowhere)
lol spiff
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