Issue link: http://read.dmtmag.com/i/772602
"After 67 years, it always comes back." "We sell fun, and everybody wants to have fun." "Changing trends in human transportation and the Internet of Things making riding safer." "Consumers still need recreation in their life." "Potential for young buyers, if government does not get in the middle." "As more dealers go out of business, we keep rising to the top." "With the possibility of economic conditions making a turn, we could be on the bottom starting up." "The hope that more dealers will become better at their businesses and improve the customer experience thus increasing our opportunities." "After decades of climb, we have finally seen the beginning of typical rise then fall then rise trend, and I believe after another series of recession-type years resulting in fall, we may begin to climb again." "New president and drain the swamp of government people that haven't a clue of running a small business." "That customer service that just doesn't mean cheapest is coming back and will separate the good from the bad." "Trump, baby!" "I am not optimistic as long as the OEMs continue the way they treat their dealers. We are forced to take to much inventory; we are forced to do it their way with no input from the dealer. It is a joke on the amount of money I make on a lot of equip ment we sell. Risk is not worth the reward. Forty-one years being in this industry and seeing a lot of changes that are not good for this powersports market." "Husqvarna and snow bike kits." "That's a tough one. It's sometimes a challenge to be optimistic, when you see increases in revenue, but decreases in profit due to increases in personnel. I am hopeful that we will see an increase in interest for our Honda motorcycles and continue the uptick in ATV sales and dual sport models. We love what we do and hope to be able to spread our enthusiasm to others and help them become loyal customers!" "Nothing — very bleak outlook with less and less younger buyers. We are competing with electronics." "I'm starting to see younger riders, but it won't be for another 10 years or so before they are a force in the market." "I enjoy it, and I have two generations coming after me." "Innovation and diversity available in this market. Seems to be a lot of potential still left to tap into." "This is an interesting question. We have awesome innovative products that are fun and cool, but we as an industry have to figure out how to get families involved with our products. In our area, boating is a huge past time. The nice thing about boating is it promotes families together, so does the RV industry. I think this would help us greatly in our industry." "I feel that people need to have a hobby that gets them away from reality, Powersports does that better than any other recreational activity." "Traffic getting more congested; HOV lanes becoming more popular and motorcycle friendly." "People still enthused despite current government regulations." "A new president, lower taxes and more employment opportunities." "Interest by younger people." "I'm not. Winters aren't what they were, and most folks won't spend $12k or more for a sled." "For the near future, the hopes that President Trump can ease regulations for the industry and hopefully ease restrictions of areas for the off-road market." "I think our economy is poised for some strong growth in the next four and maybe eight years. If this is the case, what we learned going through the last eight years will make us very profitable." "In Canada timing is good right now, and many old dealers are closing or being sold to bigger groups — less dealers but bigger dealers."• "People always want to have fun, as long as they can afford to buy toys." "I think we are in for at least five years of steady growth." "That is not a good question for me right now. Frankly, I'm not very optimistic. My store in my market has some serious challenges with local economy and job market. Nationally, the manufacturers need to start doing a better job adapting to our changing industry." "OEs are developing some good products. Inventory availability is [the] best it's been in a while. MAP pricing is helping brick and mortar." "People always will spend their last dollar on toys and fun." "Side-by-side sales and snow product sales." "The focus of powersports has changed from being a dad leaving his family for a weekend of riding to a very family-centered sport. Consumers continue to convert to utility vehicles they can all enjoy, etcetera, and I think the outlook is very bright." "Long-term financing on toys." "Not too optimistic about the future of the industry, not many new people coming in because the price of units getting so high. Not many of the younger generation have an interest in riding on-road or off-road, snowmobile, etc. New York State regulations make side-by-side and ATV business difficult." "We have a well-trained staffed and great leaders and a business plan that we put together that depends on is performing the way we know we can." "Optimistic that we will continue to grow and attract new customers." PSB FOCUS PSB Outlook 2017 www.PowersportsBusiness.com Powersports Business • January 23, 2017 • 17 WHAT MAKES YOU OPTIMISTIC ABOUT THE FUTURE OF OWNING A POWERSPORTS DEALERSHIP?