Seattle, known for its vibrant culture and innovative spirit, will host the NAAA World Remarketing Convention from September 28 to October 1. This marks the convention’s return to the city after more than two decades, setting the stage for an event that promises to push the auto auction industry forward.
National Auto Auction Association president Eddie Lafferty expressed enthusiasm about the choice of Seattle. “Seattle as a host city is a great background for the convention,” he stated. “It’s known for its innovation. It’s known for culture and it has world-class hospitality. There’s a wealth of things to do both at the convention and outside of the convention.”
Insightful Education Sessions
The convention is renowned for its educational sessions, which continue to uphold high standards this year. Attendees can look forward to a range of topics.
— Cyber Security Nirvana: Avoiding the Grunge of AI and Transportation Fraud:
This session, reminiscent of Seattle’s grunge music era, will delve into the current cybersecurity threats facing the auto auction industry and explore how AI is reshaping the landscape. Lafferty remarked on the dual nature of AI, noting, “AI is growing so rapidly within the industry…in how it’s being used to develop new technologies — and potentially being used in the wrong way with threats.”
— A Look Around the Corner — What’s Moving the Needle for Auctions Going Forward:
This discussion will cover upcoming industry trends and the factors driving them, providing valuable insights for attendees.
— From One Seattle Champion to the Next … Transitioning a Winning Dynasty at Your Auction:
Participants will learn strategies for cultivating a dynamic and adaptable team, crucial for the evolving business landscape. Lafferty emphasized the importance of team development: “It’s about how to help develop and grow a team within your talent.”
— Energizing You Like a Quad-Shot Latte: EVs…How to Properly Evaluate Prior to Sale:
This session will aid members in navigating the burgeoning electric vehicle market. “The session is basically all things EV,” Lafferty explained, highlighting the growing presence of EVs in the used-car market.
— From Raindrops to Revenue, Listening to the Voice of the Buyer:
Focusing on customer feedback, this session aims to help members better serve their clients by understanding buyer perspectives and needs.
— Ding Dong Kink or Bend Is Dead: Take a Peek Behind the Curtain and Meet the New Wizard:
This presentation will update members on the NAAA’s website revamp, designed to provide the latest on policies and standards. Lafferty shared, “This session is to cover what we’re working on, how far we’ve come, and what we’re hoping to present as a tool to our auctions.”
Opportunities for Networking
Beyond education, the convention offers ample networking opportunities, from formal events like receptions and luncheons to informal gatherings. Attendees can engage in meaningful dialogues and share experiences. Lafferty highlighted the value of these interactions: “There’s a wealth of opportunities for people to connect all throughout the event…the chance to meet with my peers and just pick their brains.”
Original Story at www.autoremarketing.com