{"id":9283,"date":"2017-06-13T10:26:18","date_gmt":"2017-06-13T14:26:18","guid":{"rendered":"https:\/\/www2.franchisegator.com\/articles\/?p=9283"},"modified":"2022-03-03T15:02:50","modified_gmt":"2022-03-03T20:02:50","slug":"industry-qa-with-karl-schmidt-president-founder-of-retain-12653","status":"publish","type":"post","link":"https:\/\/www.franchisegator.com\/articles\/industry-qa-with-karl-schmidt-president-founder-of-retain-12653\/","title":{"rendered":"Industry Q&#038;A with Karl Schmidt, President &#038; Founder of RETAIN"},"content":{"rendered":"<p><strong>Provide an overview\/ description of your industry. Include reasons why it&#8217;s a great industry to start a business in today.&nbsp;<\/strong><\/p>\n<p>The auto industry spends over $700 on advertising per: calls. To get a vehicle sold. We can help them retain more customers. get more referrals and reduce the amount of money they spend on advertising.<\/p>\n<p><strong>How has your industry changed in the fast 10 years? 20 years?&nbsp;<\/strong><\/p>\n<p>Technology has advanced.<\/p>\n<p><strong>What trends do you see in your industry over the next 5 years? Next 10 years?&nbsp;<\/strong><\/p>\n<p>Becoming more and more important to do all you can to retain customers.<\/p>\n<p><strong>What is the biggest concern about your industry that a franchisee candidate should be aware of and investigate?<\/strong><\/p>\n<p>Their ability to sell to car dealers.<\/p>\n<p><strong>Why do you think your company stands out in the industry?&nbsp;<\/strong><\/p>\n<p>Personalized software involving the customers photo, business building photo, owners photo, sates persons\u2019 photo and so many other social media and review site aspects.<\/p>\n<p><strong>What makes your franchise\/ business opportunity more attractive than your competitor&#8217;s?&nbsp;<\/strong><\/p>\n<p>Very little if any competition.<\/p>\n<p><strong>Describe the ideal candidate. Do you think your requirements are any different than your competitor&#8217;s?&nbsp;<\/strong><\/p>\n<p>Industry experience and contacts are important to reduce the sales cycle and experience quicker success.<\/p>\n<p><strong>What\u2019s the strongest skill you require in a candidate?&nbsp;<\/strong><\/p>\n<p>Sales ability<\/p>\n<p><strong>Describe the working environment of your franchisees. Is your environment typical of other companies in your industry?&nbsp;<\/strong><\/p>\n<p>Work from home, mobile very flexible schedule.<\/p>\n<p><strong>Why has your company been successful?&nbsp;<\/strong><\/p>\n<p>Founder worked very hard.<\/p>\n<p><strong>What advice would you give someone interested in buying a franchise in your industry?&nbsp;<\/strong><\/p>\n<p>Have experience and great contacts if not be patient and learn the industry and don&#8217;t give up.<\/p>\n<p><strong>How much experience in this industry should a franchisee candidate have should they consider buying a franchise in your industry?&nbsp;<\/strong><\/p>\n<p>The more experience selling to car dealers and having contacts the better.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Provide an overview\/ description of your industry. Include reasons why it&#8217;s a great industry to start a business in today.&nbsp; The auto industry spends over $700 on advertising per: calls. To get a vehicle sold. We can help them retain more customers. get more referrals and reduce the amount of money they spend on advertising. <a href=\"https:\/\/www.franchisegator.com\/articles\/industry-qa-with-karl-schmidt-president-founder-of-retain-12653\/\" class=\"more-link\">&#8230;<span class=\"screen-reader-text\">  Industry Q&#038;A with Karl Schmidt, President &#038; Founder of RETAIN<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-9283","post","type-post","status-publish","format-standard","hentry","category-interviews"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Industry Q&amp;A with Karl Schmidt, President &amp; Founder of RETAIN - Franchising Blog<\/title>\n<meta name=\"description\" content=\"The auto industry spends over $700 on advertising per: calls. To get a vehicle sold. We can help them retain more customers. get more referrals and re\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.franchisegator.com\/articles\/industry-qa-with-karl-schmidt-president-founder-of-retain-12653\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Industry Q&amp;A with Karl Schmidt, President &amp; Founder of RETAIN - Franchising Blog\" \/>\n<meta property=\"og:description\" content=\"The auto industry spends over $700 on advertising per: calls. To get a vehicle sold. 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