Fifield

EFG Companies: Market Strength and Consumer Confidence Among Industry Concerns for a Profitable Second Half of the Year

Retrieved on: 
Wednesday, July 12, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230712818547/en/
    While EFG Companies sees some market strength and positive economic and consumer trends, auto dealer and powersports principals, agents, and lenders should stay strategically focused on customer-first sales methods and employee training to sustain profitability in the second half of 2023.
  • Since March 2022, the Federal Reserve has increased the Federal Funds rate by 62.5 percent via 16 separate rate hikes.
  • Consumer demand for off-road, boats, and personal watercraft units remained strong for the first half of 2023.
  • Credit unions can give their members greater confidence to make that purchase with customer-focused education, more flexible loan terms, and valuable debt protection products.

EFG Companies Predicts Hard-Fought Revenue in 2023 Amidst Economic Challenges

Retrieved on: 
Tuesday, January 10, 2023

EFG Companies sees the end of record-high front-end profit coupled with external economic challenges impacting the retail automotive, powersports, and automotive lending industries in 2023.

Key Points: 
  • EFG Companies sees the end of record-high front-end profit coupled with external economic challenges impacting the retail automotive, powersports, and automotive lending industries in 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230110005332/en/
    EFG Companies predicts that retail automotive and powersports dealerships and lender institutions will need to rely on customer service best practices to achieve hard-fought revenue goals in 2023.
  • “Full implementation of the revised Safeguards Rule and the potential new rule from the FTC will not be the only challenges requiring dealer time, consideration, money and training,” said Eric Fifield, Chief Revenue Officer with EFG Companies.
  • A swirl of economic uncertainty, expensive compliance requirements, and unit inventory and floorplan fluctuations will be critical issues facing dealer principals in 2023.

Darren Fifield Joins ChannelAdvisor as Managing Director of APAC Region

Retrieved on: 
Monday, August 1, 2022

RESEARCH TRIANGLE PARK, N.C., Aug. 1, 2022 /PRNewswire/ -- ChannelAdvisor Corporation (NYSE: ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today announced the appointment of Darren Fifield as Managing Director, APAC.

Key Points: 
  • RESEARCH TRIANGLE PARK, N.C., Aug. 1, 2022 /PRNewswire/ -- ChannelAdvisor Corporation (NYSE: ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today announced the appointment of Darren Fifield as Managing Director, APAC.
  • Fifield has more than 30 years of experience managing sales teams and customer accounts, including more than 15 years in senior regional and global roles at leading tech companies.
  • Most recently, he served as Chief Commercial Officer for aCommerce in Indonesia and as Regional Director for Liveclicker in the Asia-Pacific region.
  • "It's an exciting time to put my skills and background in building and developing business opportunities across the Asia-Pacific region to work at ChannelAdvisor," said Fifield.

Amid Market Opportunities and Volatility, EFG Companies Recommends a Value-Driven Focus to Drive Revenue

Retrieved on: 
Thursday, July 14, 2022

Regardless of how economic factors play out, there remain numerous opportunities for revenue in the remainder of 2022.

Key Points: 
  • Regardless of how economic factors play out, there remain numerous opportunities for revenue in the remainder of 2022.
  • Fifield and other executives from EFG Companies emphasized that consumers continue to look for added value in their automotive and powersports purchases.
  • Post-COVID strong consumer financial positions, favorable credit terms and pent-up demand all spell revenue opportunities for dealer principals in the second half of 2022.
  • For more than 45 years, EFG Companies has provided consumer protection programs for vehicles and residences across seven market channels.

Sales Impact Academy Launches New Foundation To Create Career Paths For Marginalized People Worldwide

Retrieved on: 
Wednesday, May 4, 2022

SEATTLE, May 4, 2022 /PRNewswire-PRWeb/ -- Sales Impact Academy (SIA), the world's leading go-to-market learning platform, believes that there should never be a barrier to entry for those seeking a lucrative career in sales and go-to-market roles at fast-growing tech companies. With this in mind, the company has today announced the launch of the SIA Foundation. This Foundation will grant free go-to-market education, in the form of scholarships, to support job creation for thousands within marginalized populations.

Key Points: 
  • With this in mind, the company has today announced the launch of the SIA Foundation .
  • This Foundation will grant free go-to-market education, in the form of scholarships, to support job creation for thousands within marginalized populations.
  • Head of HubSpot Ventures, Brandon Greer says, "We couldn't be prouder or more supportive of the SIA Foundation, created by our portfolio company Sales Impact Academy."
  • Sales Impact Academy is the world's leading go-to-market learning platform providing a continuous live learning solution for high-growth technology companies.

Sales Impact Academy Launches New Foundation To Create Career Paths For Marginalized People Worldwide

Retrieved on: 
Wednesday, May 4, 2022

LONDON, May 4, 2022 /PRNewswire/ -- Sales Impact Academy (SIA), the world's leading go-to-market learning platform, believes that there should never be a barrier to entry for those seeking a lucrative career in sales and go-to-market roles at fast-growing tech companies. With this in mind, the company has today announced the launch of the SIA Foundation. This Foundation will grant free go-to-market education, in the form of scholarships, to support job creation for thousands within marginalized populations.

Key Points: 
  • With this in mind, the company has today announced the launch of the SIA Foundation .
  • This Foundation will grant free go-to-market education, in the form of scholarships, to support job creation for thousands within marginalized populations.
  • Head of HubSpot Ventures, Brandon Greer says, "We couldn't be prouder or more supportive of the SIA Foundation, created by our portfolio company Sales Impact Academy."
  • Sales Impact Academy is the world's leading go-to-market learning platform providing a continuous live learning solution for high-growth technology companies.

EFG Companies Foresees Market Uncertainties, Recommends Flexibility in 2021

Retrieved on: 
Tuesday, January 19, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210119005357/en/
    Eric Fifield, Chief Revenue Officer with EFG Companies, recommends that dealer principals, agents, and lenders approach the year with a flexible strategy designed to maximize revenue, compliance and employee effectiveness.
  • Fifield and other executives from EFG Companies emphasized that consumers will continue to look for added value in automotive and powersports purchases.
  • EFG Companies executives and subject-matter experts provide their experienced perspectives to guide clients toward the best outcome.
  • EFG Companies drives the industrys highest-reported compliant F&I profitability through its distinct engagement model in which the company operates as an extension of the dealers management team.