{"id":6162,"date":"2023-11-30T09:15:00","date_gmt":"2023-11-30T09:15:00","guid":{"rendered":"https:\/\/octane.co\/o\/?p=6162"},"modified":"2023-12-05T16:37:10","modified_gmt":"2023-12-05T16:37:10","slug":"taking-prequal-flex-to-the-next-level-with-custom-downloadable-marketing-kits","status":"publish","type":"post","link":"https:\/\/octane.co\/o\/taking-prequal-flex-to-the-next-level-with-custom-downloadable-marketing-kits\/","title":{"rendered":"Octane Takes Prequal Flex to the Next Level with Custom, Downloadable Marketing Kits"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"6162\" class=\"elementor elementor-6162\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7b6432c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7b6432c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-42a0d15\" data-id=\"42a0d15\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-899e936 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"899e936\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-f68d887\" data-id=\"f68d887\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e3262a6 elementor-widget elementor-widget-video\" data-id=\"e3262a6\" data-element_type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/youtu.be\\\/0OcRDETZZS8&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-video .elementor-widget-container{overflow:hidden;transform:translateZ(0)}.elementor-widget-video .elementor-wrapper{aspect-ratio:var(--video-aspect-ratio)}.elementor-widget-video .elementor-wrapper iframe,.elementor-widget-video .elementor-wrapper video{height:100%;width:100%;display:flex;border:none;background-color:#000}@supports not (aspect-ratio:1\/1){.elementor-widget-video .elementor-wrapper{position:relative;overflow:hidden;height:0;padding-bottom:calc(100% \/ var(--video-aspect-ratio))}.elementor-widget-video .elementor-wrapper iframe,.elementor-widget-video .elementor-wrapper video{position:absolute;top:0;right:0;bottom:0;left:0}}.elementor-widget-video .elementor-open-inline .elementor-custom-embed-image-overlay{position:absolute;top:0;right:0;bottom:0;left:0;background-size:cover;background-position:50%}.elementor-widget-video .elementor-custom-embed-image-overlay{cursor:pointer;text-align:center}.elementor-widget-video .elementor-custom-embed-image-overlay:hover .elementor-custom-embed-play i{opacity:1}.elementor-widget-video .elementor-custom-embed-image-overlay img{display:block;width:100%;aspect-ratio:var(--video-aspect-ratio);-o-object-fit:cover;object-fit:cover;-o-object-position:center center;object-position:center center}@supports not (aspect-ratio:1\/1){.elementor-widget-video .elementor-custom-embed-image-overlay{position:relative;overflow:hidden;height:0;padding-bottom:calc(100% \/ var(--video-aspect-ratio))}.elementor-widget-video .elementor-custom-embed-image-overlay img{position:absolute;top:0;right:0;bottom:0;left:0}}.elementor-widget-video .e-hosted-video .elementor-video{-o-object-fit:cover;object-fit:cover}.e-con-inner>.elementor-widget-video,.e-con>.elementor-widget-video{width:var(--container-widget-width);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-af30fda\" data-id=\"af30fda\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7812e58 elementor-widget elementor-widget-text-editor\" data-id=\"7812e58\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><span style=\"font-weight: 400;\">Powerful<\/span><span style=\"font-weight: 400;\"> New Feature Embeds Prequalification Tool in Ready-to-Use Creative Assets that Dealers Can Leverage Anywhere They Market to Consumers<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6c18c60 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6c18c60\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3904d48\" data-id=\"3904d48\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a03e57e elementor-widget elementor-widget-text-editor\" data-id=\"a03e57e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">NEW YORK, November 30, 2023 \u2014 <\/span><a href=\"http:\/\/www.octane.co\"><span style=\"font-weight: 400;\">Octan<\/span><span style=\"font-weight: 400;\">e<\/span><\/a><span style=\"font-weight: 400;\">\u00ae<\/span><span style=\"font-weight: 400;\"> (Octane Lending, Inc.<\/span><span style=\"font-weight: 400;\">\u00ae<\/span><span style=\"font-weight: 400;\">), the fintech revolutionizing the buying experience for major recreational purchases, announced a groundbreaking new enhancement to its digital soft pull tool, <\/span><a href=\"https:\/\/octane.co\/o\/prequal\/\"><span style=\"font-weight: 400;\">Prequal Flex<\/span><\/a><span style=\"font-weight: 400;\">\u2122, with the launch of personalized marketing kits that powersports dealers can use to drive consumer applications.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By embedding a prequalification tool within ready-to-use marketing assets, the new, downloadable kits give powersports and outdoor power equipment (OPE) dealers a fast, easy way to market their products and help consumers to understand their buying power while they research vehicles. Each Prequal Flex kit is tailored to the specific dealership and includes stunning creative assets that are formatted for key marketing channels, such as digital and social media advertisements as well as print materials like hang tags, stickers, and in-dealership and at-event signage. All assets in the kit include a personalized QR code tied to that specific dealership that consumers can scan to fill out a short, fast financing application and receive an instant credit decision from Octane\u2019s in-house lender, <\/span><a href=\"https:\/\/www.roadrunnerfinancial.com\/\"><span style=\"font-weight: 400;\">Roadrunner Financial<\/span><\/a><span style=\"font-weight: 400;\">\u00ae<\/span><span style=\"font-weight: 400;\">, Inc.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cPrequal Flex has made it easier to market our dealership. We use it in paid ads, on social media, and on our inventory detail pages,\u201d said Ben Hoffman, Sales Manager at <\/span><a href=\"https:\/\/www.offroadmotorsports1.com\/\"><span style=\"font-weight: 400;\">Offroad Motorsports &amp; Cycle Sales<\/span><\/a><span style=\"font-weight: 400;\"> in Jonestown, Pennsylvania. \u201cPrequal gives my buyers an instant decision without hurting their credit, so it\u2019s always the first thing I ask buyers to do when they reach out.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cPowersports dealers are always looking for ways to maximize the impact of their marketing efforts and reach more qualified customers,\u201d said Mike Dushane, Chief Product Officer at Octane. \u201cOur innovative, custom marketing kits make it even easier for dealers to leverage the power of Prequal Flex, which gives customers a fast, simple way to prequalify for financing, streamlining the buying process and getting them onto their dream vehicles faster. 65% of prequalified buyers say they bought within one week of an Octane prequalification.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Octane rolled out <\/span><a href=\"https:\/\/octane.co\/o\/prequal-flex-soft-pull-prequalification-tool\/\"><span style=\"font-weight: 400;\">Prequal Flex<\/span><\/a><span style=\"font-weight: 400;\"> to all powersports dealers in May 2023. Prequal Flex is an extension of Octane\u2019s award-winning suite of soft-pull ecommerce tools, <\/span><a href=\"https:\/\/octane.co\/o\/prequal\/\"><span style=\"font-weight: 400;\">Octane Prequal<\/span><\/a><span style=\"font-weight: 400;\">\u2122, which is used by over 700 dealers nationwide. Dealers using Octane Prequal saw qualified applications increase by 2x and funded loans increase by 8x. Additionally, Prequal Flex helps dealers expand their reach by attracting customers outside of their local market. For example Offroad Motorsports &amp; Cycle Sales saw applications within a 50 and 100 mile radius increase by 134%, applications within a 150 to 200 mile radius increase by 96%, and applications within a 200 to 300 mile radius increase by 133%. The dealership saw total applications increase by 58% since they began using the Octane Prequal suite of tools.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Enrolled powersports dealers can find their Prequal Flex marketing kit as well as their dedicated Prequal Flex link on the homepage of their Octane Dealer Portal. Prequal Flex leads appear in the dealer portal alongside applications from other channels, providing a fast, easy financing experience for dealers and consumers.&nbsp;<\/span><\/p>\n<p><b>###<\/b><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>https:\/\/youtu.be\/0OcRDETZZS8 Powerful New Feature Embeds Prequalification Tool in Ready-to-Use Creative Assets that Dealers Can Leverage Anywhere They Market to Consumers NEW YORK, November 30, 2023 \u2014 Octane\u00ae (Octane Lending, Inc.\u00ae),<\/p>\n<div><a href=\"https:\/\/octane.co\/o\/taking-prequal-flex-to-the-next-level-with-custom-downloadable-marketing-kits\/\" class=\"exp-read-more exp-read-more-underlined\">Read More<\/a><\/div>\n","protected":false},"author":25,"featured_media":6163,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[34],"tags":[61,56,53,52],"class_list":["post-6162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press","tag-61","tag-for-dealers","tag-investor-relations","tag-recent-press"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.3 (Yoast SEO v23.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Octane Takes Prequal Flex to the Next Level with Custom, Downloadable Marketing Kits | Octane<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/octane.co\/o\/taking-prequal-flex-to-the-next-level-with-custom-downloadable-marketing-kits\/\" \/>\n<meta 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