Are You Effectively Using Your CO-OP Budget?
As a dealership, you want to utilize all the support you can get from your manufacturer in terms of co-op incentives for advertising. Traditionally, dealerships get co-op for what they spend on print, television and radio advertisements. What you may not know is that this can apply to all or a portion of your digital advertising as well. This co-op advertising partnership helps alleviate some or all the cost of advertising online with your local dealership(s).
Online advertising can be broken down into Google paid-search advertising, display advertising, remarketing, Facebook advertising and a few other platforms. Engaging in your co-op partnership for online advertising allows you to reduce the cost of advertising with more control and have all your advertisements tracked to produce the most ideal leads for your dealership. With online advertising you will be able to curate your ads to be tailored to an audience that is searching for that message. Your advertisements will be highly targeted to display in front of customers that are already engaged in looking for your products or used to re-engage visitors that have viewed your website previously.
Below is a breakdown of various OEMs’ co-op incentives and how Strathcom Media can help you with effectively using your co-op budget.
FCA: FIAT CHRYSLER AUTOMOBILES
Eligible Networks
- Google Adwords, You Tube, Facebook/Instagram
Reporting Requirements
- Dealership must be a part of the FCA program
Eligible Business Models
- Branded, New Vehicles, Location, General, Finance
- For Finance Models there are some strict rules that FCA requires the dealership to follow
Strict Primary Market Area / Area of Responsibility?
- No strict postal codes or areas to target
Tactical Required?
- No tactical required for FCA dealerships
Co-op Amount Allocated
- 33%, 40% or 50% depending on what tier your dealership is in the program
MERCEDES-BENZ
Eligible Networks
- Google Adwords, Facebook/Instagram
Reporting Requirements
- Must be enrolled in the MBCA program
Eligible Business Models
- Passenger Vehicles, Certified Pre-owned, Vans, Smart
Strict Primary Market Area / Area of Responsibility?
- Yes, there are strict postal codes and areas to target
Tactical Required?
- In display advertising only for Mercedes-Benz
Co-op Amount Allocated
- Varies, please reach out to your OEM Rep for co-op amounts
NISSAN
Eligible Networks
- Google Adwords, Twitter, Youtube, Facebook/Instagram, Bing
Reporting Requirements
- Strathcom Media Invoice, Live Ad Example, Confirmation of Publication
Eligible Business Models
- Branded, Fixed Ops, Certified Pre-Owned, New Sales (New, General, Location)
Strict Primary Market Area / Area of Responsibility?
- Yes, there are strict market areas for each dealership
Tactical Required?
- No tactical required for Nissan
Co-op Amount Allocated
- 50% co-op allocated
INFINITI
Eligible Networks
- Google Adwords, Facebook/Instagram
Reporting Requirements
- Confirmation of Publication, Strathcom Media Invoice, Facebook: Ad Screenshots
Eligible Business Models
- Branded, New Sales, Certified Pre-Owned, Fixed Ops
Strict Primary Market Area / Area of Responsibility?
- Yes, there is strict primary market area with Infiniti
Tactical Required?
- No tactical required for Infiniti
Co-op Amount Allocated
- 50%
KIA
Eligible Networks
- Google Adwords, Twitter, Facebook/Instagram, Bing
Reporting Requirements
- Confirmation of Publication, Display advertisements must have Kia Canada logo
Eligible Business Models
- Branded, New Sales (New, General, Location), Certified Pre-Owned (Maximum 25% of Spend), Conquesting (Must be Kia specific landing page)
Strict Primary Market Area / Area of Responsibility?
- Yes, Kia has a strict primary market area
Tactical Required?
- Strongly suggested that tactical be used by Kia
Co-op Amount Allocated
- Varies, please contact your OEM representative for details
HONDA / ACURA
Eligible Networks
- Google Adwords only
Reporting Requirements
- Confirmation of Publication, Strathcom Media Invoice
Eligible Business Models
- Branded, Location, Fixed Ops, (New, General Honda/Acura), Used Honda/Acura
Strict Primary Market Area / Area of Responsibility?
- No strict areas or postal codes to target
Tactical Required?
- Tactical required in Display ads only for Honda/Acura
Co-op Amount Allocated
- Varies, please speak with your OEM rep for co-op details
FORD / LINCOLN
Eligible Networks
- Google Adwords, Facebook/Instagram
Reporting Requirements
- Google Requirements: 1. Internet Affidavit 2. Keyword Report – showing run dates and the cost per keyword Placement Report 4. Strathcom Media Invoice with Display and Banner charges (if running display advertising) on one line, Paid-Search charges on a second, and our management fee on a third line 5. Live Ad Example
- Facebook Requirements: 1. An invoice that includes the run dates and total cost of the Ford ad(s) and itemizes the agency fee OR a Facebook Billing Report along with a Billing Statement A Facebook Campaign Report showing legible ad creative(s) and clarifying the run dates and cost of each ad. If your Campaign Report does not include a legible image of the ad(s) a screenshot of the ad(s) live on Facebook must be provided
Eligible Business Models
- Branded, New Sales (New, General, Location)
Strict Primary Market Area / Area of Responsibility?
- Yes, Ford has a strict primary market area
Tactical Required?
- Tactical messaging is required by Ford
Co-op Amount Allocated
- Varies, you can reach out to your OEM for accurate details on co-op amounts
JAGUAR / LAND ROVER
Eligible Networks
- Google Adwords, Facebook/ Instagram
Reporting Requirements
- Confirmation of Publication, Strathcom Media Invoice, Facebook: Ad Screenshots
Eligible Business Models
- Branded, New Sales
Strict Primary Market Area / Area of Responsibility?
- No strict postal code or area targeting
Tactical Required?
- No tactical required for Jaguar/Land Rover
Co-op Amount Allocated
- Varies, please talk with your OEM representative for further co-op details
TOYOTA
Eligible Networks
- Google Adwords, Facebook/ Instagram, You Tube, Twitter, Bing
Reporting Requirements
- Keyword Report, Live Ad Example, Strathcom Media Invoice
Eligible Business Models
- Branded, New Sales (New, General, Location), Fixed Ops
Strict Primary Market Area / Area of Responsibility?
- Yes, there is a strict primary market area to target in
Tactical Required?
- Tactical messaging is needed for Toyota
Co-op Amount Allocated
- 50%
HYUNDAI
Eligible Networks
- Google Adwords, Facebook/ Instagram, You Tube
Reporting Requirements
- Strathcom Media Invoice, Confirmation of Publication, Screenshot of display/Facebook ads
Eligible Business Models
- Branded, New Sales (New, General, Location)
Strict Primary Market Area / Area of Responsibility?
- Yes, there is a strict area of responsibility to target
Tactical Required?
- Tactical messaging is strongly suggested for Hyundai
Co-op Amount Allocated
- 50%
LEXUS
Eligible Networks
- Google Adwords, Facebook/ Instagram, You Tube, Twitter, Bing
Reporting Requirements
- Strathcom Media Invoice, Live Ad Example, Keyword Report
Eligible Business Models
- Branded, New Sales (New, General, Location), Fixed Ops
Strict Primary Market Area / Area of Responsibility?
- No, there are no strict postal codes or areas to target
Tactical Required?
- Tactical messaging required for sales only with Lexus
Co-op Amount Allocated
- 1:1
GM
Eligible Networks
- Google Adwords, Facebook/ Instagram, Twitter, You Tube
Reporting Requirements
- Confirmation of Publication
Eligible Business Models
- Branded, Fixed Ops, Certified Pre-Owned, New Sales (New, General, Location)
Strict Primary Market Area / Area of Responsibility?
- Yes, GM has a strict area to target
Tactical Required?
- Tactical messaging is strongly suggested by GM
Co-op Amount Allocated
- 50%
MAZDA
Eligible Networks
- Google Adwords, Facebook/ Instagram, You Tube and You Tube Production Costs, Twitter, Bing
Reporting Requirements
- Stratcom Media Invoice, Live Ad Examples, Keyword Report
Eligible Business Models
- Branded, New Sales (New, General, Location), Certified Pre-Owned
Strict Primary Market Area / Area of Responsibility?
- Yes, there are strict postal codes and areas to target
Tactical Required?
- Tactical messaging is required by Mazda
Co-op Amount Allocated
- 50%
PORSCHE
Eligible Networks
- Google Adwords, Facebook/ Instagram
Reporting Requirements
- Confirmation of Publication, Stathcom Media Invoice, Facebook: Ad Screenshots
Eligible Business Models
- Branded, New Sales, Certified Pre-Owned, Fixed Ops
Strict Primary Market Area / Area of Responsibility?
- Yes, Porsche has a strict primary market area to target
Tactical Required?
- No tactical messaging is required by Porsche
Co-op Amount Allocated
- Varies, please inquire with your OEM representative for co-op amounts
VOLVO
Eligible Networks
- Google Adwords, Facebook/ Instagram
Reporting Requirements
- Confirmation of Publication, Strathcom Media Invoice, Facebook: Ad Screenshots
Eligible Business Models
- Branded, New Sales
Strict Primary Market Area / Area of Responsibility?
- No, Volvo does not have a strict area to target
Tactical Required?
- No tactical is required by Volvo
Co-op Amount Allocated
- Varies, please speak with your OEM rep for amounts allocated for co-op
Strathcom Media looks forward to helping you with effectively using your co-op budget to start reducing your cost of online advertising. It is time to utilize your co-op partnership properly and leave less money on the table! Contact us to make Strathcom Media your valued ally in advertising online and start generating warm leads with your OEM’s money instead!
Acura, Facebook Advertising, Fiat Chrysler Association (FCA), Ford, General Motors (GM), Google Ads, Honda, Hyundai, Infiniti, Instagram Advertising, Jaguar, Kia, Land Rover, Lexus, Lincoln, Manufacturer Co-op Program, Mazda, Mercedes-Benz, Nissan, Porsche, Social Media Ads, Toyota, Volvo