We reach consumers through the TrueCar website and our branded mobile applications
and websites we maintain for our affinity group marketing partners. Our marketing
is focused on building the TrueCar brand. The key tenets of our brand are providing
transparent market price information and enhancing the car-buying experience for
both consumers and dealers. We divide our marketing spend between traditional
media sources, such as television and radio, and digital media. Our consumer brand
awareness efforts are aided by the fact that we are quoted in various media outlets
from time to time as a recognized industry authority on automotive retail and
online data forecasting.
We also support initiatives for our affinity group marketing partners, including
USAA, Consumer Reports, AAA, American Express and PenFed. These initiatives
are designed to promote awareness of the organizations’ car-buying programs
among their memberships through a variety of media, including television, email,
direct mail, website development, print, online advertising, Internet search
engine marketing, Internet search engine optimization and social networking.
Dealer engagement and industry relations
Our dealer sales force is responsible for supporting our network of TrueCar
Certified Dealers, optimizing our TrueCar Certified Dealer coverage across brands
and geographies and for providing onboarding and dealer support. Our sales force
helps dealers grow their businesses by regularly providing data-driven insights
on inventory management and pricing.
Our ability to understand the needs of, actively listen to, and collaborate
with our network of TrueCar Certified Dealers is crucial to our success. Many
of our dealer sales force employees have worked at dealerships or OEMs. In response
to feedback from our dealer network, in 2012 we formed an advisory panel of
influential dealers to regularly meet with our senior management team to provide
updates and opinions on how to improve our role in the car selling experience
for dealers.
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
COMPANY NAME
MARKET CAP
REVENUES
INCOME
EMPLOYEES
0.00
0.00
0.00
-
SUBTOTAL
0.00
0.00
0.00
-
Sources:
’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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