Team Velocity makes its 6th consecutive debut for its record-high revenue and employee growth from 2015 to 2019
WASHINGTON, DC – August 22nd, 2019 – Team Velocity, known for its ground-breaking technology platform, Apollo®, was recognized for the 6th consecutive year as one of Inc. 5000’s fastest-growing private companies in America. The Inc. 5000 list honors the most successful and inspiring independent and midsized businesses across the nation based on revenue growth from 2015 to 2018. This prestigious list includes well-known companies such as Microsoft, LinkedIn, Facebook, Timberland, Oracle, and more.
Team Velocity was co-founded by David Boice and Budd Blackburn in 2005. Since then, Team Velocity has taken the automotive industry by storm with its revolutionary omni-channel automated marketing technology, products backed by artificial intelligence, and aptitude for innovation and success. Team Velocity has reached its all-time record high – more than 54 percent – in revenue and growth.
Recognition on the Inc. 5000 list has become the hallmark of entrepreneurial success for privately-held companies in the United States for the last 38 years. To qualify, companies must generate at least $100,000 in revenue by 2015 and $2 million in revenue by 2018. This year, Inc. 5000’s honorees aggregated a total revenue of $237.7 billion― surpassing last year’s record high of $206 billion. All together these companies amassed more than 1,216,308 jobs in a three-year time span, increasing the three-year growth rate to approximately 454 percent.
This year’s Inc. 5000 Conference and Gala will be held October 10 -through October 12 in Scottsdale, Arizona. The event brings together all honorees and alumni to recognize their achievements, entrepreneurial success, and contributions to the economy.
“Words can’t describe how honored we are to make the Inc. 5000 list for the sixth consecutive year. We only hope to continue to strive and grow for not only our employees but our clients.” – David Boice, Owner and Co-Founder of Team Velocity
“It all boils down to the people. Without the continuous support of our employees and phenomenal clients, this success would not be achievable. We are forever thankful.” – Budd Blackburn, Owner, and Co-Founder
To learn more about Inc. 5000, its review process and the complete list of recipients’, visit: https://www.inc.com/inc5000/index.html.
Team Velocity’s sophisticated technology platform, Apollo®, and ApolloGo mobile app take the industry by storm at NADA.
WASHINGTON, February 4th, 2019 – The 10th Annual AWA Awards presented by PCG Companies awarded Team Velocity with the Digital Marketing Innovation Leader and Rising Star Awards at NADA 2019. These awards recognize companies for their marketing technology that help dealers effectively buy, sell and service more cars. Team Velocity was recognized as an Innovation Leader for its marketing automation platform, Apollo, and its new digital retailing product, Transact.
“Our team is extremely honored to receive not only one, but two awards this year at NADA. We look forward to continuing to build technology that helps position our dealers in the market,” says Joe High, Senior Vice President at Team Velocity.
Team Velocity was recognized for their revolutionary technology platform, Apollo. Apollo aids both dealerships and original equipment manufacturers (OEMs) with technology that combines artificial intelligence (AI) and marketing automation to deliver hyper-personalized campaigns across a number of marketing channels. Apollo has been proven to increase results by as much as 250%.
While Apollo is comprised of many features and capabilities that enhance dealers’ profits and visibility, it’s Apollo’s comprehensive digital marketing product suite that took home the Innovation Leader award this year at NADA.
Apollo’s intelligent digital advertising platform is 100% automated to create, deploy and update data-rich ads across every digital medium, including Paid Search, Remarketing, Display Advertising, Social Media and Video Pre-Roll. This exclusive technology provides dealers with unlimited VIN-based ads for both new and pre-owned inventory and ensures consistent messaging and creative across all digital touchpoints.
“It is impossible to run successful digital marketing without artificial intelligence,” says Brian Pasch, CEO of PCG Companies and the AWA Awards.
Of Team Velocity’s recent digital product releases, one product in particular stands out amongst the rest: Advid™. Within a matter of minutes, Advid builds dynamic, payment-based video ads for every make and model the dealership sells, and automatically delivers these videos to YouTube. Every video is automatically updated nightly as inventory, incentives and pricing change.
Amongst Team Velocity’s newest achievements, is the public release of the ApolloGo Mobile App. The transformed Apollo desktop platform allows dealers to work leads on the go, from anywhere, at any time, all from the palm of their hands.
ApolloGo contains all the notable features included in Apollo but enables users to track all opportunities, communicate with customers directly via text and receive Hot Opportunity Alerts straight to their phone.
To learn more about ApolloGo or download the app, visit: https://teamvelocitymarketing.com/apollo/
About Team Velocity:
Team Velocity™ is revolutionizing the automotive industry with cutting-edge technology and artificial intelligence (AI) to help dealers sell and service more cars. Made by dealers, for dealers, Team Velocity’s proprietary technology platform Apollo® analyzes years of sales and service data to predict who will buy, what they will buy, and when they are ready to service. Apollo’s sophisticated AI automates the entire communication and marketing process by delivering hyper-personalized campaigns across every touchpoint, maximizing ROI and lifetime revenue.
For more information, visit www.teamvelocitymarketing.com.
More about the AWA Awards:
Since 2008, AWA has become a benchmark in the automotive industry for outlining and reviewing technology that enables dealerships and OEMs to aid their revenue with cutting-edge technology in digital marketing, design, management tools and social media. The qualified experts at PCG conduct thorough reviews and research the best products for car dealers to optimize their investment and deliver the best customer experience.
For more information about PCG and the AWA Award, visit: http://awa.autos/
Team Velocity is now participating in Enhanced Digital Advertising and In-Market Retail.
We are proud to announce that Team Velocity has completed all requirements to participate in the Digital Advertising Program under the GM Dealer Digital Solution.
This allows Dealers the opportunity to leverage in-Market Retail (iMR) funds to reimburse themselves for the cost of their Digital Advertising services. Please refer to the iMR Dealer Program guidelines located at www.gmlam.com for further information.
Providers who are participating in the Digital Advertising Program provide advertising solutions that include:
- Improved efficiency, coordinated spend and strategy across all tiers of advertising
- Participation commitment for:
- Streamlined packages each offering full service solutions for sales and fixed ops
- A single, managed monthly fee with cap
- Performance accountability
- Day 1 Go-to-Market readiness
- Strategic and tactical advertising coordination with brands and LMAs
- Dashboard for visibility into performance
If you have any questions about the benefits of Digital Advertising Program, please do not hesitate to reach out to our Support Team at 703-783-9759 or via email at https://teamvelocitymarketing.com/gm for further details.
Team Velocity’s technology platform, Apollo®, leads the industry with intelligent marketing automation.
WASHINGTON, April 4, 2018 – The 9th Annual AWA Awards presented by PCG Companies, awarded Team Velocity with the Vanguard Award at NADA 2018. The Vanguard Award honors companies that continue develop impactful technology and captivating products in the automotive industry. Team Velocity was recognized as an industry leader in innovation for their advanced technology platform, Apollo.
“We are excited to be recognized for our hard work and innovation and look forward to our dealers benefiting from our latest technology developments as we continue to create intelligent, automated solutions,” says Joe High, Senior Vice President at Team Velocity.
Team Velocity was recognized for their ground-breaking technology platform, Apollo. Apollo eliminates the risks of traditional marketing techniques by utilizing sophisticated artificial intelligence (AI) and marketing automation technology to increase revenue and efficiencies for both dealerships and original equipment manufacturers (OEMs).
Apollo’s AI automatically generates dynamic, offer-based campaigns through omni-channels including search, display, social, pre-roll, email, text, direct mail, personal websites and landing pages. Apollo eliminates the need for multiple platforms by combining everything into one easy-to-use, automated platform that reaches each dealership’s Perfect Prospects® with a consistent message across all marketing channels and is the only platform that runs automatically 24/7, producing hyper-personalized, payment-based ads on real inventory.
Through an extensive review process, the experts at PCG review, research, and rate the best products for car dealers to incorporate into their process or showroom. The AWA awards companies that are on the forefront of new development or ideas to pave the way of the future of the automotive industry.
“This year we started a new tradition by selecting four companies that stood apart from the field of 57 products reviewed this year,” says Brian Pasch, Founder of PCG Companies. “[Apollo’s] seamless integration of online marketing and direct mail, through state-of-the-art technology, is jaw-dropping. We congratulate Team Velocity for being named a 2018 Vanguard Award winner and thank them for participating in this year’s review process.”
Amongst Team Velocity’s recent technology innovations comes the first-ever automated video advertising tool, AdVid™. Within a matter of minutes, Apollo uses AdVid to build dynamic, payment-based videos for every make and model the dealership sells, and automatically delivers them on YouTube. Every video is automatically updated nightly as inventory, incentives and pricing changes using a proprietary API Team Velocity developed for YouTube. Dealerships can now experience the ease and scalability of serving thousands of unique, payment-based pre-roll videos that are used for re-targeting and behavioral for in-market shoppers.
Dealers who are interested in reading the full review of Apollo and all award recipients, can download the AWA Research Report here.
About Team Velocity: Team Velocity™ is revolutionizing the automotive industry with cutting-edge technology and artificial intelligence to help dealers sell and service more cars. Made by dealers, for dealers, Team Velocity’s proprietary technology platform Apollo® analyzes years of sales and service data to predict who will buy, what they will buy and when they are ready to service. Apollo’s sophisticated AI automates the entire communication and marketing process by delivering hyper-personalized campaigns across every touchpoint, maximizing ROI and lifetime revenue. Predict, track, sell and service more customers all from the palm of your hand.
For more information, visit www.teamvelocitymarketing.com.
MORE ABOUT AWA AND THE VANGUARD AWARD.
For over nine years, the AWA has become a benchmark in the automotive industry for outlining technology that enables dealerships and OEMs to aid their revenue with cutting-edge technology in digital marketing, design and social media. The qualified experts at PCG conduct thorough reviews and research the best products for car dealers to optimize their investment and deliver the best customer experience. The AWA Vanguard Award is awarded to the top four most innovating technology products in the industry. PCG undergoes a rigorous review process that encompasses over 57 of the best products on the market in 2018.
For more information about PCG and the AWA, visit awa.autos.com.
Original Source: https://www.prnewswire.com/news-releases/team-velocity-awarded-awa-vanguard-award-at-nada–releases-first-automated-video-advertising-tool-300624600.html
Paragon Honda First Dealership To Build App For Google Assistant; Creates Blueprint For Future
Paragon Honda partners with Google, Team Velocity & Red Cap to create a frictionless experience for consumers
NEW YORK, April 3, 2018 /PRNewswire/ — Paragon Automotive, the largest Honda and Acura dealer in the nation, is utilizing technology to make it easier for customers to shop, buy, and maintain their car. They have collaborated with Google, Team Velocity, and Red Cap Technologies to reinvent the customer experience and to create a frictionless future for consumers.
“Time is the new currency so we’ve got to move at the speed of the customer,” says Brian Benstock, general manager and VP at Paragon Honda, “If we don’t disrupt ourselves, the customer will do it for us.”
To attract and serve their customers better, Paragon has partnered with 3 technology providers to make it easier for customers to do business with them. Paragon uses Team Velocity’s Apollo platform to attract more customers for less by delivering personalized offers to in-market buyers through a personal website that is dynamically built for each consumer. After the sale, Paragon is making it easier for their customers to communicate with them through its Google Assistant app, which allows customers to use their voice on Android, iPhones, speakers like Google Home and more to schedule appointments with the dealership. Through their partnership with RedCap, Paragon also offers a free pick up and drop off service so customers can do business with Paragon without visiting the dealership.
“The modern consumer doesn’t want to be sold, so we help them buy, by talking to them about what is relevant to them,” said Benstock. “Instead of advertising what we want to promote, we deliver personalized offers that are relevant to each individual customer.”
Paragon utilizes Team Velocity’s Apollo platform to create and deliver hyper-personalized offers to in-market consumers via multiple advertising channels. When consumers click on the offer, it links them to a personal website that has all the offers that are relevant to them, their car and where they are in their ownership cycle. Paragon utilizes hundreds of Apollo’s ready-to-go campaigns that promote all of the dealerships profit centers and they use Apollo’s Automated Intelligence to monitor and optimize campaigns to maximize ROI, by automatically spending more where the dealership makes more, and less where they make less.
“We are working diligently to build technology that improves every aspect of the consumer experience, with both OEM’s and dealerships,” says David Boice, Co-Founder and CEO of Team Velocity. “It has been great to collaborate with Google, RedCap and Paragon to make buying and maintaining cars easier for consumers and we look forward to further integrating this technology into Apollo.”
Paragon is also leveraging technology to make it easier for customers to service their vehicle with the dealership after they buy. Car maintenance is an inconvenience that’s amplified when it requires visiting a dealership during working hours. In an industry first, Paragon has teamed up with Google, Team Velocity and RedCap to build an app for Google Assistant that makes it easy for customers to use Google Assistant to contact the dealership or schedule service with the use of their voice. With a few words, customers can contact the dealership, book an appointment, and schedule a service. The app guides consumers through a series of voice assisted prompts, resulting in scheduling a service appointment without having to speak with a person.
Paragon began working on the project with Google, Team Velocity and RedCap in August of 2017. After months of working with Google’s automotive team to develop the application, the persona became known as “Paul”. Work on crafting responses for possible user interactions was completed in early 2018, with a pilot program for the assistant launching in early February. Paragon revealed the new app at this year’s 2018 National Automobile Dealers Association (NADA) Convention on Saturday, March 24th.
“We are humbled to be first dealership Google worked with to create an app for the Google Assistant,” said Benstock. “Their technology is everywhere and our integration makes it much easier for customers to do business with us.”
Paragon’s Google Assistant integration also allows customers access to ParagonDirect, a free service to pick up, service, and return customers vehicles to their home within 24 hours—without them having to visit the dealership.
“The whole notion of having to come to a dealership for service is outdated, If a customer doesn’t want to set foot in the dealership, they shouldn’t have to,” said Benstock. With ParagonDirect, the dealership has multiple cars being delivered daily, and it can be very difficult to manage all the drivers, customers and the communications between them.
To manage all the activity, Paragon uses RedCap’s technology platform to monitor and optimize their deliveries and the customer experience.
“RedCap makes it easy for our customers to communicate with our drivers for pick ups and drop offs,” added Benstock. “The redcap mobile site functions similar to Uber, in that our customer can track where their car is and can dynamically communicate with the driver to let them know if they are running late.”
David Zwick, Managing Director of RedCap, added, “The best service experience for the customer is that the customer does not have to experience the service at all.”
With most consumers being able to experience seamless and frictionless experiences in other aspects of their lives, it is obvious to the consumer when the slightest bit of friction enters their transaction.
Paragon is using technology to remove friction from car ownership, which makes it easier for customers to do business with their dealership.
“Our customers don’t have time to waste when buying or servicing their car. Technology has changed their expectations so we have changed our approach to meet and hopefully exceed those expectations.”
About Paragon: Paragon Honda makes it easier for customers to buy and service their vehicles. Paragon Honda has been serving Woodside, NY, Queens, Brooklyn, Bronx, New Rochelle and New York NY with pristine customer experience longer than many customers have owned their current car. With those years comes invaluable expertise, which we put to our customers’ advantage. We’re not just talking acumen on new Honda models, but used cars, service and auto repairs and perhaps most importantly – Honda financing. Our inventory is one of the largest in the New York region, making it easy to find the exact car you want, at the price you want.
About Team Velocity: Team Velocity™ is revolutionizing the automotive industry with cutting-edge technology and artificial intelligence to help dealers sell and service more cars. Made by dealers, for dealers, Team Velocity’s proprietary technology platform Apollo® analyzes years of sales and service data to predict who will buy, what they will buy and when they are ready to service. Apollo’s sophisticated AI automates the entire communication process by delivering hyper-personalized campaigns across every touchpoint, maximizing ROI and lifetime revenue. Predict, track, sell and service more customers all from the palm of your hand.
About RedCap: RedCap is changing the way dealers and customers work together. Our platform delivers out of store experiences to a dealer’s customer, wherever they are and whenever they want it. RedCap was recently acquired by Solera Holdings, Inc. a global leader in intelligent data, software and solutions to manage and secure the automotive, light and heavy truck fleet, home and identity ecosystems.
SOURCE Paragon Honda
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