16 Aug, 2017, 09:57 ET
NEW YORK, Aug. 16, 2017 /PRNewswire/ -- automotiveMastermind® (aM), the leader in behavior prediction and predictive analytics for the automotive industry, announced today that it ranks seventh on the Inc. 5000 List, the most prestigious ranking of the nation's fastest-growing private companies. As one of the country's highly respected rankings of private companies, this award recognizes the innovations and contributions aM has made to become one of the most successful organizations in America.
"automotiveMastermind was founded with the confidence and passion that we could drive results for our dealer partners by leveraging big data analytics in the most useful way," said Marco Schnabl, Co-Founder of automotiveMastermind. "Our focus on solving many of the pain points dealers endure is contributing to much of our dealer partners' success."
"Over the last year, we have increased our customer base by 128-percent and have increased revenue at an impressive 137-percent," said Johannes Gnauck, Co-Founder of automotiveMastermind. "This industry acceptance is proof-positive that aM has developed and implemented a technology to revolutionize how cars are bought and sold."
Schnabl and Gnauck are former automotive retail sales executives who understand the inefficiencies in the car buying and selling process. They seek to develop a more effective and intuitive system that is simple for dealerships to master. In a recent survey of dealers using the aM platform, 81-percent said the technology made selling a vehicle easier and made the sales staff over 25-percent more productive.
To differentiate itself from the competition, aM uses behavior prediction analytics and proprietary algorithms to distill Big Data into a detailed and personalized view of every customer as represented by the Behavior Prediction Score® (BPS). The BPS is a ranking from 0-100 that tells the dealer how close the customer is to making a purchase. This information is presented within the aM platform, on an easy-to-navigate dashboard, right on the salesperson's desktop, and delivers the most personalized direct marketing campaigns in the category.
Founded in 2012, automotiveMastermind is the leading provider of predictive analytics and marketing automation technology for the automotive industry. The company's cloud-based platform helps dealers precisely predict automobile-buying behavior and automates the creation of micro-targeted consumer communications, leading to proven higher sales and more consistent customer retention. automotiveMastermind currently works with close to 1,000 dealer partners. Headquartered in New York City and San Francisco, automotiveMastermind has now tripled its employee count in the last year. For more information, visit automotivemastermind.com or follow them on Twitter @autoMastermind.
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