![]() Thus, forcing businesses, small and big, to adapt or fail. Social media, apps, and the Internet, in general, have reshaped how we converse. We currently in an area where technology continually revolutionizes the business landscape. That mentality has helped countless independent store owners to stay competitive. The successful mom and pop dealerships have learned through their years in business that a certain group and numbers of consumers will not deviate from how they purchased things. ![]() The ever apparent question arises, how can mom and pop dealerships survive big tech companies? With this change, a fair number of mom and pop auto dealerships are disappearing as large corporations continue to expand their reach. New technology is fostering rapid consolidation in the automotive industry while also completely changing the car-buying experience. Dealerships are now gaining a high-tech atmosphere because customers arrive at the dealerships fully informed about a car’s price and features. Industry experts say that there is a profound shift in the auto sales business model. With the economy recovering bit by bit, auto sales have started to boom again while the auto sales atmosphere is changing. ![]() We saw franchises closing by the hundreds as buyers started to stay away from ‘outmoded’ showrooms. At that point in time, it seemed as if local car dealerships were living on borrowed time. It was only a handful of years ago when we were in the depth of the recession. Some research proves that big tech companies provide advantages and disadvantages for smaller dealerships. Economists say that it’s too early to fully determine the impact larger companies have on small businesses. ![]()
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