Archive for the 'Economy' Category
Expanding your share of the boating market in a down economy
Wednesday, September 24th, 2008
The days of the “order taker” are over. No longer can a retailer continue doing business the same way as in the past. Look for opportunities, experiment, try something new and monitor the results. (Read More…)
Maintain a positive attitude
Friday, June 13th, 2008
Three to four times a week someone from the news media calls our association office to ask the same questions: “Are boat sales off because of the economy? Or, Is the price of fuel going to impact boating this summer?” (Read More…)
Will stimulus package spur boat sales?
Friday, March 7th, 2008
While thinking about what I was going to say in today’s blog, associate editor Melanie Winters said she talked to someone at the Miami boat show who thought the rebates from the federal stimulus package would help consumers come up with a down payment for a boat.
I shrugged at that idea. As I told Melanie, it looked like the rebates would just about keep families afloat, never mind buy a boat. Melanie was more optimistic. (Read More…)
Lower interest rates could have ripple effect
Friday, February 1st, 2008
Will the Fed’s rate cuts work? (Read More…)
New Year’s resolution for the industry
Thursday, December 13th, 2007
It’s that time of year when many people start thinking about making a New Year’s resolution. Some resolve to work harder, spend more time with family, exercise, eat healthier, or quit smoking. (Read More…)
Marine industry taken off guard?
Friday, November 9th, 2007
The state of the economy today reminds me of a frog analogy I heard years ago. If you put a frog in a pot of boiling water it will immediately jump out. But if you put a frog in water that’s room temperature and then slowly heat it up, the frog will just sit there and boil to death. (Read More…)
Will the Goliaths gobble the Davids?
Friday, November 2nd, 2007
Many in the industry say 2008 will be a make- or break-year. We agree with that and we speculate that it will be a survival of the fittest story, with the Goliaths gobbling up the Davids. (Read More…)