A note from Sary

Knowing their customers don't want to haggle over prices or risk buying a lemon, CarMax's business strategy is aimed at you not having to feel lied to, cheated, or worked over in your car-buying experience. To do this, they have an agreement plan with their customers that ensures the price on the car is the price you'll pay and lets you know their salespeople aren't compensated on commission. They also highlight their quality certification and inspection process that ensures every car they sell is reliable.? The external problem CarMax resolves is the need for a car, of course, but they hardly advertise about cars at all. They focus on their customers' internal problems and, in doing so, entered one of the least-trusted industries in America and created a $15 billion franchise.

Sary Building A Storybrand, page 65 · December 16, 2024 Save to shelf
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