Hello from Las Vegas!
Yesterday was the opening of MAATS and exhibitors appear to be taking a realistic, but optimistic approach to the market.
From what I’ve heard on the show floor, attendees admit that things aren’t great and no one’s pretending it’s not a tough economic climate and the industry as a whole is suffering.
But, they say, they are doing business and things aren’t as bad in their segment as it may be in others.
Peter Marshall, founder of Tallon Marine, is here for the first time. The New Zealand-based company only recently entered the U.S. market and, so far, he’s happy with what he’s seen.
In an economic downturn, he explained, people may not buy a boat, but they will buy things to make their current boat a little nicer. So instead of spending tens of thousands of dollars, they are spending a few hundred dollars.
“We’re actually OK with (the economic climate),” he said,
So, what do you think? Are things better for accessories manufacturers right now? How are things going for your company at MAATS? Let Trade Only know.
In the meantime…I’m off to put it all on red!