|
| Search:
Submit An Article
Top News
Most Recent
Dealer Reviews
FREE Classifieds
Search Listings
Sell Your Car FREE
Auto Show Galleries
LA Auto Show
SEMA Auto Show
Paris Motor Show
Concours D Elegance
The Quail Event 2008
Concorso Italiano
Comicon
Mercedes Fashion Week
TransSyberia Rally
Barber MotorCycle Museum
Concours on Rodeo
Villa D'Este
Bimmerfest
New York Auto Show
Geneva Motor Show
Chicago Auto Show
Paris Cars
Detroit Auto Show
San Diego Auto Show
2007 New England Auto Show
2007 LA Auto Show
BMW Welt (World)
2007 SEMA Auto Show
2007 Frankfurt Auto Show
2007 The Quail
2007 Concorso Italiano
2007 Concours d Elegance
LA Cycle and Pinup
Concours on Rodeo
2007 Bimmerfest
News By Category
Spy Shots
Spy News
New Cars
Misc News
Photo Galleries
Reviews
Report Cards
Videos
Polls
Rumors
Agent001
Dis is your ninety eight vatchamacalit?
View My AgentSpace
28
The dumbest car sales manager on earth? Loses dealership close to $1M in two hours
Agent001
submitted on 03/20/2007
Official AutoSpies Timestamp: 11:39 PM
from: www.stuffed.co.nz
[26] user comments
| category:
Misc News
Print this Page
|
Digg It
|
del.icio.us
Tags: Porsche, Sales Manager
Tag Links:
Porsche
,
Sales Manager
The dumbest car sales manager on earth? Loses dealership close to $1M in two hours
Porsche dealer - "I got it wrong with the buy one get one free card".
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 Porches 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 Porches 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.
Read Article
Comments:
Images hosted in your
AgentSpace
can now be posted in the comments section using the following syntax (case matters):
[img]IMAGE URL[/img]
Example: [img]http://agent004.myautospies.com/users/150/Sample-Gallery/sample1.JPG[/img]
cdoke
- 3/21/2007 12:01:13 AM
View My AgentSpace
+7 Boost
It cannot be quite that simple can it? Was there nobody, no employee or other individual, who spoke up about the plan? He was not out there selling cars by himself. This strikes me as something more than just a single idiot making bad decisions, although it may have started that way.
reply to this comment
IamEvilHomer
- 3/21/2007 2:32:53 AM
+1 Boost
if you believe this then i have a bridge to sell you
Lexus
- 3/21/2007 12:11:56 AM
-10 Boost
Wow!.............unreal.......absolute madness.............how can this happen at a Porsche dealer? don't they do background check are what?
Anyway I'm glad this happen at a German dealer rather than a Toyota dealer. Because all you nut talker would sworn this topic like crazy.
What was this guy thinking?...........I hope no one make the same mistake again.
reply to this comment
TauronB2G
- 3/21/2007 12:29:49 AM
+4 Boost
Damn i wish I lived in California and had gotten the flyer. I have bought 4 of those suckers!!! Sold 7 and kept the best one for me!!!
T
reply to this comment
CactoesGel
- 3/21/2007 12:30:51 AM
+1 Boost
It's too stupid a story to be true. I don't buy it. But this happened in New Zealand? Who knows, it could be true after all. =)
reply to this comment
CactoesGel
- 3/21/2007 12:32:02 AM
-4 Boost
Oops, my bad, in California. So yeah, I guess it's true then.
reply to this comment
makkystyle
- 3/21/2007 12:33:36 AM
+2 Boost
umm..... BS! Fictional story.
reply to this comment
chewy
- 3/21/2007 12:45:38 AM
View My AgentSpace
-1 Boost
The last paragraph makes it sound less realistic.
Sounds like the Australian version of the Onion. Look for the 21st Century article as example. But the Porsche story is very funny and a great read. I was LOLing for sure.
reply to this comment
Threepoint1415926
- 3/21/2007 12:56:52 AM
+4 Boost
Why dont these things happen around me?
I call BS too... sounds like something The Onion would write.
reply to this comment
Threepoint1415926
- 3/21/2007 1:37:18 AM
+5 Boost
I get deboosted... strange. Just go look at the other articles.
Brembo
- 3/21/2007 8:41:13 AM
+2 Boost
ME TOO!
Lexus
- 3/21/2007 12:58:27 AM
-6 Boost
Man! I live in OC California, how come I didn't get one of those flyer. With no finance program, I could've got like 8-10 of those baby and sale them:)
reply to this comment
siulaba
- 3/21/2007 1:11:06 AM
+4 Boost
wasted 1 minute of my life reading this.
reply to this comment
kart1
- 3/21/2007 1:16:41 AM
0 Boost
DAMN DAMN DAMN DAMN. WHERE F*** WAS MY INVITATION?
Seriously though I would have been there to buy it. The greatest deal ever, buy a Porsche get one free.
Oh btw, giving away 1 free coffee while the customer purchases one, can come out to the coffee shop to break even or so. I mean coffee costs $4, so it works and a owner can loose 100 coffees and still not mind it as much. However loose 18 cars on which the dealer probably makes about 4000-5000, who the hell made this guy Sales and Marketing manager? A sales manager who isn't good at math, what are we going to have next a Doctor who can't read X-rays correctly? Imagine: Umh sir I am looking at the x-ray for your stomach and I have some bad news and some really bad news. The really bad news is that you may have stomach cancer because I think I see a tumor. The bad news is that I may be wrong and that tumor I see just may be a spoon and you may have some problems when that thing comes out you know.
reply to this comment
WeFlyHighNoLie
- 3/21/2007 4:39:42 AM
+4 Boost
Wow it's actually true, I just googled it. This guy is a complete idiot. WTF was he trying to accomplish?! I wish I got an invitation, I would buy all of them.
reply to this comment
nvme
- 3/21/2007 5:18:19 AM
0 Boost
googling something and actually finding stuff about it does not mean it's true, where is your critical judgment? i once worked at a porsche as receptionist in summer before going to college, they told me i was chosen over the others because i had been accepted in medical school and that i spoke 4 languages... so i can not belive this bullshit happened, i can hardly believe this article is even on this website...
reply to this comment
theman
- 3/21/2007 7:52:31 AM
+2 Boost
Funny read, but really doubt its a true authentic story..Dunno..
reply to this comment
drakarula
- 3/21/2007 11:21:32 AM
+2 Boost
I guess he does not have a future in sales management! I guess he could get a job in Starbucks it might work there!!
reply to this comment
chuck717
- 3/21/2007 4:27:32 PM
0 Boost
Porsche makes the most profit per car of any mfg by far, who is the dummy here the stupid public who buy these VW's and get little or no discount?
reply to this comment
trd1
- 3/21/2007 5:04:08 PM
-1 Boost
tell me how this dude became the mangaer in the first place, wow.
reply to this comment
S4cabriofoxone
- 3/21/2007 11:41:35 PM
View My AgentSpace
+1 Boost
I would buy a 911 C2S Cabrio and a Cayman S, get two free 911 C2's and sell them both for $160 grand!
reply to this comment
To post a comment for this story, you must first
Login
.
If you do not have an account, you will need to
Register
(It's Free!).
Most Recent Stories
Bmw rear-wheel-drive variants to wear “sDrive” badge
Who is The Stig is one of the top 10 most searched questions
Wagoner to drive Chevy Volt prototype to Senate
Je Design upgrades the Vw Scirocco
Porsche posts $28,247 average profit per car
GM And Chrysler May Agree To Bankruptcy To Get Hands On Federal Funds
Screw The Auto Bailout: Why Not Just Nationalize The Industry?
SOUND OFF: Should We Back A Detroit 3 Bailout Or Just Let Them Go Under?
Chinese Buyers Say If The American 3 Go Under, They Will Simply Buy More German Cars
The Genesis is stealing sales, but from who?
Maserati MC Sport Line Package for the GranTurismo
Production 2009 Honda Insight Hybrid Revealed
UAW Feels The Heat And Suspends Job Bank And Delays Trust Payments Until 2010
The All New Mazda3 5 Door Hatch Debuts In Bologna
Does It Have What It Takes To Be At The Top? The 2010 Audi A5 and S5 Cabriolet - Quick Reference Guide
Out of Time, Out of Money, Out of Options GM Spirals Into The Abyss
Porsche Panamera Tuned by 9ff and Russian firm's Top Car and Cardi
Breaking: 2009 BMW Z4 Unveiled
Volkswagen Scirocco Studie R Concept unveiled in Bologna
All-New Mazda3 Hatch Unveiled at Bologna Motor Show
Detroit's Big 3 request totals $34 billion
Michelin presents Active Wheel system
Audi anticipates record sales in 2008
Mitsubishi Lancer Sportback to feature Ralliart and GTS Editions
November Luxury Car Sales - Is Infiniti ready for a flagship?
UPDATED: First Audi A5/S5 Convertible Photos- STUDS or DUDS? Why No Hardtop?
V8 Car Cookout: Bratwurst (Audi S5), Beef Teriyaki (Lexus IS-F) or Bacon Cheeseburgers (Challenger SRT-8)?
GM Says It Will Sacrific SAAB, Saturn, Hummer, And Hobble Pontiac For Federal Funds
Nissan Sales Sour By 44.4% In November: Infiniti Drops 28.0%
UPDATED: Audi Sales Ends The Free Ride By Skidding 25.4% In November
DETROIT AUTO SHOW: Audi Flexes It's Muscle And Is Set To Debut V10 R8 Sports-Car
Honda Civic sales down nearly 30%, Toyota Highlander sales up nearly 50%
Chrysler Outpaces GM To The Bottom Of The Heap: November Sales Fall 47%
Ford Asks Congress For $9 Billion In Stand By Credit But Has No Plans To Use It
GM Sales Out Does Them All In A Bad Way: Sales Implode 41.3% In November
2010 Nissan GT-R Spec V Reportedly Will Cost $160,000 but Not Get More hp
Jaguar and Land Rover in Big Trouble as Tata on the Bubble
Mercedes Benz Sales Crumble 38.2% In November
Mazda Sales Tank 31.3% For November
Hyundai Makes Everyone Else Look Good In November By Falling 40%
Porsche and BMW to Halt Production
Honda Sales Falter 30.6% In November: Acura Freefalls 38.9%
The World Bids Farewell to the Yugo
BMW Sales Plummet 36.1% Mini Sales Explode 43.1% In November
GM Ceases All Corporate Jet Flights: To Sell Remaining Jets
Toyota Sales Spiral In November Down 33.9%: Lexus Basement Bound Down 34.7%
FOMOCO Sales Continue To Flatline: Down 30.6% In November
Volkswagen Finally Fumbles In 2008: November Sales Drop 19.2%
Japanese and South Korean Car Sales Plummet in November
Comparison Test: 2008 BMW M5 vs. 2009 Cadillac CTS-V vs. 2009 Mercedes-Benz C63
More Recently Added News
Join AutoSpies
Register to vote, post articles, write comments, and interact with fellow auto enthusiasts.
Join AutoSpies
Photo Galleries
AutoSpies presents the best
Auto Show Photos
,
Automotive Videos
,
Car Reviews
and
Hot Rides
.
Latest Galleries
Cars
Mercedes Black Series
Audi Mileage Marathon
2009 BMW 3-Series
2009 BMW 7-Series
2009 Cadillac CTS-V
VW Passat CC Coupe
2009 Dodge Challenger
2009 BlueTec Diesels
Porsche RS60 Spyder
2009 Ford Flex
2009 VW Tiguan
2009 Infiniti FX
2009 BMW X6
2009 Audi A4 Avant
2009 Mercedes SL-Series
Auto Shows
LA Auto Show
SEMA Auto Show
Paris Motor Show
Concours D Elegance
The Quail Event 2008
Concorso Italiano
Comicon
Mercedes Fashion Week
TransSyberia Rally
Barber MotorCycle Museum
Concours on Rodeo
Villa D'Este
Bimmerfest
New York Auto Show
Geneva Motor Show
Chicago Auto Show
Paris Cars
Detroit Auto Show
San Diego Auto Show
2007 New England Auto Show
2007 LA Auto Show
BMW Welt (World)
2007 SEMA Auto Show
2007 Frankfurt Auto Show
2007 The Quail
2007 Concorso Italiano
2007 Concours d Elegance
LA Cycle and Pinup
Concours on Rodeo
2007 Bimmerfest
More Galleries