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🎃 No Need to Scare Up a New Car Deal This Halloween! 🎃
With LetYouKnow.com, you’re in control—bid your own price, get an instant result, and if your bid isn’t accepted, just bid again. No haggling, no surprises, just clear, upfront pricing with all dealer fees included. 🚗✨ And here’s the ultimate treat: for a limited time, use LetYouKnow.com/SocialPromo to save $1,000 on your new car! 🎉💸 Plus, many new cars come with free shipping, so you can get your ride delivered right to your door. Head to LetYouKnow.com and turn this Halloween into the start of your new car glow-up!
Set It and Forget It: LetYouKnow Launches “Autopilot” for Dealerships
LetYouKnow, the nationwide, e-commerce marketplace that matches consumers with new car deals, is introducing its “autopilot” feature that allows new car dealerships to set automatic pricing thresholds to help them sell more new cars. With this new feature, LetYouKnow is making listing new cars even easier for the 100+ dealerships in its growing dealer network to fully automate their listings and offer their best prices for new cars without advertising their prices. LetYouKnow empowers new car dealerships to anonymously list their vehicles by automatically setting different pricing strategies determined by floor planning and market conditions. Dealership pricing thresholds are also encrypted to ensure that LetYouKnow transactions won’t affect or disrupt dealerships’ ongoing walk-in sales. LetYouKnow’s patented algorithm empowers buyers to dictate prices on new car purchases. They can either search deals or name their own prices at LetYouKnow.com (or on its apps) within their desired search radius. The matched dealer information won’t be visible to the buyer but will be within the chosen search radius. Once the consumer submits their price bid, they will receive an instant response if their price is accepted. If accepted, a nonrefundable service reservation fee is paid as a prepayment of the consumer’s price and the matched dealership’s information is then revealed. LetYouKnow immediately initiates a $500 prepayment to the dealership to reserve the car deal for the buyer. The buyer’s vehicle information is transmitted to the dealership’s CRM to mark the car as reserved. The process is highly automated, with autopilot helping dealerships put little effort into moving inventory to real buyers instead of pursuing paid leads. “We give dealerships the power to save time and money by automating their sales with automatic discounts while helping them move new cars more efficiently by handing dealerships new car buyers at no cost, at prices that meet or exceed their set, hidden thresholds,” says co-founder/CEO, Boris A. Zhukov. Other third-party vendors can charge dealerships high fees for leads that they must spend time and human effort to follow up on, in hopes of closing a fraction of those leads. “We understand how busy sales managers are, as they keep track of their inventory that often changes daily. By giving dealerships the option to ‘set it and forget it,’ we streamline their operations by letting them focus on high markup sales.” Co-founder/CAO Leslie D. McGehee reveals that their inventory is nearing 5,000 new vehicles, all within the last 250 days despite the supply-side constrained environment, and that number continues to grow. “As expected, we have faced challenges because of the chip shortage and resulting impact on dealerships and their own inventories,” McGehee states. “However, we have persevered and now have more dealerships signing up with our marketplace as the production of chips ramps up. Our new autopilot feature has also been welcomed by dealerships as inventory has increased from a few listings to nearly 5,000 within a short amount of time.” LetYouKnow is also working to accommodate its growing number of dealerships in its network by developing Android and iOS apps for dealerships. “The apps are designed for dealers to react to live bids that they missed and empower them to have data on what real buyers are willing to pay for their models, so they can utilize all of this data at the dealership level in their own pricing decisions,” says McGehee. “The level of data that we can provide to dealers on top of getting them committed buyers with prepayment at no cost is truly unprecedented, and we want to continue to offer more features to benefit dealerships. We are pushing forward to release autopilot modes for pre-orders and shipping options in the second half of 2023 to enable buyers and dealers to strike more transactions that are combining features of empowerment and convenience.” As LetYouKnow continues to grow, it has also expanded its board of directors by adding two seasoned professionals in the automotive industry. In April 2022, LetYouKnow welcomed Dyer Auto Group owner William (“Will”) D. Dyer and Marin Mazda owner Michael J. Glasser to its board. “The addition of Will and Mike to our board is very beneficial to LetYouKnow, as they provide their automotive industry experience and expertise, making LetYouKnow even stronger,” says Zhukov. LetYouKnow invites dealers to learn more about its highly innovative marketplace and how they can join the LetYouKnow dealer network to list their new car inventory on its platform and take advantage of its autopilot sales automation feature. “The sign-up process is straightforward, and autopilot makes listings on LetYouKnow automated according to dealers’ desired pricing strategies. As we continue to innovate, LetYouKnow is attracting more and more fans among dealers and buyers that will further fuel our fire to design new features and technology that simply do not exist today to make the new car buying process faster and more efficient to both dealers and buyers,” co-founder/CTO Gang “Aaron” Shao says. LetYouKnow was co-founded by CEO Boris A. Zhukov, who was frustrated after spending much time and energy helping his friends and families find the best new car deals, and he knew there had to be a better way. He and co-founder/CTO Gang “Aaron” Shao created the LetYouKnow marketplace to make it easier for new cars to be listed and sold. Dealerships anonymously list their new car inventory on LetYouKnow’s platform, and consumers choose their car specifications, submit their own prices, provide their zip codes, choose their desired search radiuses, and receive instant responses. Today, LetYouKnow’s AI-driven technology is connecting consumers with dealerships and changing how new cars are sold by dealerships and purchased by consumers. LetYouKnow is the only company currently using this patented technology. For more information about LetYouKnow, please see the company’s reviews, visit the company’s website, or contact: Boris A. Zhukov, CEO LetYouKnow, Inc. 844–873–8300 info@letyouknow.com
LetYouKnow CTO in the 101 Top CTO’s in the E-Commerce Space!
Gang “Aaron” Shao, LetYouKnow, Inc. CTO We are excited to announce that Best Startup voted LetYouKnow’s CTO, Aaron Shao as one of the 101 Top CTO’s in the E-Commerce Space! He is also one of the inventors (along with Boris Zhukov) of LetYouKnow’s patented technology that matches new car buyers to new car dealerships. Why is this technology so amazing? Buying a new car is a hassle and stresses out most people. You spend A LOT of time researching, then calling, emailing dealerships and then many people visit the dealership, for what could be hours, trying to negotiate so you can pay the price you want to pay. Negotiations are uncomfortable for most people. I heard about LetYouKnow before I joined the team and I thought this is amazing & right up my alley as a consumer. I have anxiety speaking to the salespeople, because they are so good at their jobs, they will typically work to talk you into a better model and into spending more money, because, let’s be real, that is their job. You want the car, but don’t want to jump through all kinds of hoops and pay some weird fees that you have never heard of. Also, if the sales person senses you aren’t confident (a good salesperson can always read you), then you have probably lost the negotiation. Then you really have nowhere to come back from that defeat. The no more negotiating is just one of the things that makes LetYouKnow so amazing and revolutionary! That right there, I love! Secondly, prices are transparent. ALL dealer fees are included in the price that you bid (or view on LetYouKnow). There are no surprise fees once you go to the dealership to complete your transaction and get your car. The price does not included taxes or license plate/registering fees, but you have to pay those fees matter what. Third, when the dealer lists it’s cars on our dealer portal, dealers are anonymously listing their vehicles, meaning they do not have to mark down the entire model of cars on their lot. If they need to get rid of one car, they can offer a deep discounts on just that car to sell it immediately, to make room for more inventory. If you are looking for that car, then you benefit by getting these deep discounts! It is truly a win-win situation! Fourth (I could go on and on…), you don’t have to call, email or even go to the dealership to have the car reserved! We do all of this for you. You build your car, name the price you want to pay, enter in your zip code and search radius and submit. Included in the price you bid is our service and reservation fee, which includes a partial prepayment for your car to reserve it for you! Boom, that is it! You will get an instant response if your price bid worked. If your price bid isn’t accepted, you can try your price again! Wait, where do you price haggle and negotiate with the dealer?? That doesn’t happen!! If your price is accepted, you will receive an email with the dealer’s information and all you have to do is go and take care of the remaining balance, it is a done deal and the car is yours! No stress and/or anxiety! Wouldn’t it be great if you could buy everything this way? Don’t worry, we are working on that! Go to LetYouKnow.com to see how it works and check out our growing inventory! Or download our Android app!