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Jan. 18, 2024

#51 Secret weapon to dealership efficiency, Providing payment transparency to car shoppers, Solving dealership chokepoints, Lessons from building and selling a video game | David Domm, Co-Founder and CEO at Carmatic

#51 Secret weapon to dealership efficiency, Providing payment transparency to car shoppers, Solving dealership chokepoints, Lessons from building and selling a video game | David Domm, Co-Founder and CEO at Carmatic

In this episode, I'm speaking with David Domm, CEO at Carmatic.


This episode is brought to you by:


Cars Commerce - The platform to simplify everything about buying and selling cars. Learn more at carscommerce.inc


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Topics:

(00:00:00) - Intro

(00:01:38) - David’s early career in gaming

(00:08:53) - How did you become the CPO at Cars.com?

(00:11:01) - What insights led you to found Carmatic?

(00:15:13) - What is the current buying experience and how are you changing that?

(00:28:16) - Does this risk anyone’s job at a traditional dealership?

(00:30:30) - How are you able to provide the correct payment to the customer if you are not the bank?

(00:34:52) - Would Carmatic make digital retailing tools obsolete?

(00:42:33) - Carmatic’s early results

(00:45:07) - What is the result of mass adoption of this product?


Check out Carmatic here.


Check out the website for more (https://dealershipguy.com) and follow me on X @GuyDealership! (https://x.com/guydealership)


This podcast is meant for informational purposes only and should not be used as a basis for investment decisions.