
The Thoughtful Entrepreneur 1668 – Who Buys Cars with Katie Mares
Sep 15, 2023
18:31
In this episode of the Thoughtful Entrepreneur, your host Josh Elledge speaks with the Brand Experience Expert, Katie Mares.
Katie Mares is a force to be reckoned with. Her impact is centered on creating standout moments for customers and employees at her dealership and through her work at Perma Shield USA. Her mission is to help male-dominated spaces expand their reach to capture the world's most influential female consumers.
Katie shared some eye-opening statistics: 65% of new car purchasers are women, and women make 85% of the decision-making in coupled relationships. Despite these figures, there's an apparent disconnect between the gender of the consumers and the gender of those designing and delivering the buying experience. Men still dominate the upper management and sales roles in the industry.
Katie explained an apparent disparity in how men and women are treated when they walk into a dealership. She shared the results of her customer survey, where 87% of women said they would only go to a dealership with their husbands.
Katie shed light on the importance of understanding and catering to the needs of female consumers in the automotive industry. There's a need for a shift in the industry that acknowledges and values women's influence and buying power. As Katie Mares continues her mission, we want to see more inclusive and tailored experiences for all consumers in the automotive industry.
Key Points from the Episode:
- Katie Mares' impact and mission in creating standout moments for customers and employees
- Disconnect between the gender of consumers and those designing and delivering the buying experience
- Statistics on women's influence in car purchasing decisions
- Disparity in how men and women are treated at dealerships
- Results of Katie's customer survey on women's dealership experiences
- Importance of tailoring the buying experience to the individual customer
- Women's larger limbic brain and emotional intelligence
- Women's ability to communicate with creativity and logic
- Men's tendency to communicate only with logic and its impact on relationship-building
