Powering Through
March 26, 2024
Inventory numbers are leveling off following early boat shows, and dealers are finding employees, prompting a cautiously positive outlook.
Inventory numbers are leveling off following early boat shows, and dealers are finding employees, prompting a cautiously positive outlook.
On the heels of the Fort Lauderdale International Boat Show, dealers have a slightly improved outlook about challenges ahead.
In October, dealers said hard work and follow-up paid off as consumers remained wary of economic instability and high interest rates.
If you’re looking for new strategies to succeed and invest in your own training and development, be sure to attend MRAA’s Dealer Week conference and expo this December in Tampa, FL.
The pressure dealers and manufacturers are feeling could be significantly reduced if there was a better understanding of and responsiveness to the cyclical nature of our industry. Dealers must balance the right product offerings and the right amount of product with the demands of the marketplace, while manufacturers seek efficient, consistent production output.
If you are a boat dealer, the MRAA is working on your behalf every day — whether you are a member or not. It’s an organization I want to support, and feel a duty to support, to know I’ve done my part to grow this great industry.
After a glimmer of hope at winter boat shows, most dealers are disappointed by declining sales and tough economic times.
In January, new-boat registrations were down 23.6%, at 4,293 compared with 5,618 in the same time frame in 2022. These numbers continue to indicate the typical seasonal slowdown that most dealers and manufacturers in Northern states expect.
Dealers continue to report strong interest in new boats and are maintaining business with traditional selling strategies
Dealers say that despite talk an impending recession, that 2023 may turn out to be similar to 2019 — a perfectly strong sales year compared to traditional norms
Inventory numbers are leveling off following early boat shows, and dealers are finding employees, prompting a cautiously positive outlook.
On the heels of the Fort Lauderdale International Boat Show, dealers have a slightly improved outlook about challenges ahead.
In October, dealers said hard work and follow-up paid off as consumers remained wary of economic instability and high interest rates.
If you’re looking for new strategies to succeed and invest in your own training and development, be sure to attend MRAA’s Dealer Week conference and expo this December in Tampa, FL.
The pressure dealers and manufacturers are feeling could be significantly reduced if there was a better understanding of and responsiveness to the cyclical nature of our industry. Dealers must balance the right product offerings and the right amount of product with the demands of the marketplace, while manufacturers seek efficient, consistent production output.
If you are a boat dealer, the MRAA is working on your behalf every day — whether you are a member or not. It’s an organization I want to support, and feel a duty to support, to know I’ve done my part to grow this great industry.
After a glimmer of hope at winter boat shows, most dealers are disappointed by declining sales and tough economic times.
In January, new-boat registrations were down 23.6%, at 4,293 compared with 5,618 in the same time frame in 2022. These numbers continue to indicate the typical seasonal slowdown that most dealers and manufacturers in Northern states expect.
Dealers continue to report strong interest in new boats and are maintaining business with traditional selling strategies
Dealers say that despite talk an impending recession, that 2023 may turn out to be similar to 2019 — a perfectly strong sales year compared to traditional norms
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