Automotive

DRIVING THE SHIFT: How Keyloop is Reshaping the Future of Automotive Retail

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Exclusive Interview with Tom Kilroy, Chief Executive Officer at Keyloop

How is Keyloop’s unified Fusion platform approach fundamentally changing automotive retail?

Fusion is an end-to-end Automotive Retail Platform (ARP) that will help motor retailers across the Middle East manage and optimise the full vehicle sales and aftersales process – from initial enquiry through to ownership and retention.

Fusion is different to anything automotive retailers have seen before, incorporating four distinct ‘domains’: Demand, Supply, Ownership, and Operate – and covering all key functions within a dealership’s business. Our Drive Dealer Management System (DMS) is a critical element in the Operate domain.

Each of Fusion’s domains draws upon information held in the platform’s Active Data Core, which provides users in all departments with a single comprehensive record of customer interactions and transactions. This is in line with our commitment to provide a way of working that prioritises outcomes, making efficiency, automation, and an AI-driven future a core part of Keyloop’s strategy.  

What leadership principle has proven universal in your transition from finance to enterprise tech, to automotive retail?

The guiding principle for me in all these areas is the importance of convenience, for customers and for users. I have found it important to keep that concept right at the centre of what we do and to put it first as we consider “how can things be improved?”. It requires bringing the right information to the right place at the right time, making the experience far more convenient for the customer. We saw this in finance with the move to online banking, being accessible 24 hours of the day. And the same applies in automotive retail.

So, whether it’s paying a bill through your phone, booking your car in for a service with your trusted dealer, or browsing for a new car, the ultimate goal is convenience. At Keyloop we call this “Experience-First” which we use to guide our direction.

How is Fusion helping bridge gaps between vehicle supply, retail demand, and financing processes?

Fusion tools and functionality can be deployed rapidly and securely for organisations of all sizes, even major dealer groups operating in multiple countries and with distribution networks of sites representing a diverse portfolio of vehicle brands. Fusion puts the customer at the heart of all activity, helping retailers deliver positive customer outcomes and amplify revenues through the full purchase and ownership cycle. It also streamlines and automates key processes to reduce operational costs, making businesses more agile.

What advantages does the Fusion platform offer fleet suppliers in managing large-scale vehicle operations?

Keyloop pulls from more than 9,000 OEM integrations to help facilitate a connected user and customer journey. Fleet suppliers can either select the elements of the Fusion ARP that best meet their requirements or introduce the full platform across the entire business.

Our intelligent inventory and asset risk management tools provide a single source of truth, enabling more proactive and strategic decision-making when it comes to vehicle supply, pricing and advertising. Whether you’re managing new, used, pipeline or fleet vehicles, our technology gives you the insights and tools to keep stock moving, profitably. The outcomes? Maximised vehicle visibility, faster stock turn, greater profit per day and reduced advertising spend.

Reducing days in stock starts with having complete visibility of every vehicle in your ecosystem. Keyloop’s Vehicle Hub allows fleet providers to centrally manage all stock, providing a consistent, up-to-date view of vehicles and more importantly vehicle status across all sales channels and teams. Regardless of the sales models they follow, this data clarity helps them act quickly and with confidence. What’s more, tools like Keyloop’s Fleetbase streamlines complex order processes that can be often fragmented, bringing everything into one simplified flow. It’s a unified approach that saves time and helps turn stock faster.

How is Keyloop adapting its platform to support the unique sales cycles of EVs and hybrids?

Fusion accommodates all vehicles but recognises the lesser impact of EVs on the aftersales journey. The platform creates efficiencies elsewhere to help make up the shortfall and to focus on adding other valuable services. We also offer the ability to search for charging points via our front-end ecommerce websites, working with integration partners to offer greater awareness of EVs and the different makes, models and battery types available to consumers.

How are regulatory changes around data privacy impacting automotive retail platforms?

As guidelines evolve, the automotive industry is facing heightened responsibility when it comes to data handling and consumer transparency. Regulatory changes concerning data privacy are inevitably shaping new motor retail technologies.

At Keyloop, we prioritise robust data protection methods and seamless integration of our solutions. This ensures regulatory compliance is always met, enabling dealerships to navigate the evolving complexities of the regulatory landscape, while continuing to deliver exceptional customer service.

How do you see the role of physical dealerships evolving over the next decade?

For many, a car is one of the biggest purchases they’ll ever make, so offering an exemplary experience is crucial and a core Fusion value. Retailers know that the conventional dealership showroom model needs to evolve, and they are gradually shifting towards experience centres, with less stock on site and more immersive technology available for visitors. The industry is already offering customers in-store visualisation and car-building technology, so augmented reality isn’t far off.

Rather than managing four walls and focusing on closing sales, retailers are beginning to manage an ecosystem and build strong, retainable customer relationships online and offline – all made possible thanks to the cohesive management of data and the integration of customer-first technology such as Fusion.

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