PowerSports Business

June 16, 2014

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6 • June 16, 2014 • Powersports Business NEWS www.PowersportsBusiness.com www.PowersportsBusiness.com NEWS Powersports Business • June 16, 2014 • 7 Wow, that's great,' and it became very clear to me that there's so much more that the owners of these adventure bikes ought to be connected with than they are. They don't have a sense of community. They don't know where do get all the gizmos and gadgets that allow them to personalize their bikes, and thus, we started this program." World of Adventure first launched about three years ago when Hyde held an Adventure Bike Summit. He asked a number of aftermar- ket companies to send representatives to a free three-day event at RawHyde's Southern Cali- fornia facility. "I invited all the companies to come together here at my place for a meeting on how we could collectively leverage what we know and who we know to further the sport," Hyde said. He then asked the group to form a coalition to help them reach out to the niche adventure riding market. The World of Adventure has since swelled to nearly 50 member companies, from GPS providers to apparel manufacturers to motorcycle luggage companies. Rev'It is one of the group's most recent members. Since the World of Adventure began a few years ago, Hyde has been leveraging his reach to bring attention to the member companies. Since 2012, he's been offering sessions at deal- erships to help their customers learn more about adventure riding products. "Our road show consisted of going to deal- erships and hosting an evening presentation on a Thursday night and then a free off-road riders clinic the next day for any of their cus- tomers, but the point of that was to simply draw attention to the dealership and also allow customers of that dealership to meet other riders that were interested in the same thing and perhaps begin to form a sense of community," Hyde said. CENTERS OF EXCELLENCE Now Hyde is hoping to get dealers more involved with the World of Adventure by cre- ating the Centers of Excellence program. In its first year, the program seeks 20-25 West Coast dealerships to join, but over the next five years, Hyde plans to expand the program to 100 dealerships nationwide. So far, he's halfway to his 2014 goal. For dealers, the commitment involves pay- ing what Hyde calls a "small fee," choosing a staff member who can attend a three-day training program and become an "expert" on adventure riding, stocking some of the World of Adventure companies' products, setting up an Adventure Corner in the dealership com- plete with a fully-equipped adventure bike, and promoting a group of customers to train at RawHyde's facilities in California or Colorado. However, the benefits are plenty. World of Adventure will host an annual in-store presentation about adventure riding at each participating dealership with the option to add a riding clinic; member companies will promote the dealerships as experts to their combined database of nearly 500,000 riders; and each dealership will be given a full page on TheWorldofAdventure.com to tell its story and link back to its website. Dealers who have already joined the pro- gram say it's worth the investment. "It has encouraged us to meet new riders through this group of aftermarket suppliers to the adventure world, and having an event at our store being advertised by let's say Black Dog [Cycle Works] saying, 'Hey, Irv Seavers is hav- ing an event,' the big advantage is we can touch customers that have never been in our store," Diaz, of Irv Seavers BMW, said. "It's really a no-brainer because once we're a Center for Excellence, these customers get referred to our dealership," added Owen Balduf, sales manager at BWM Motorcycles of Riverside in California. Though both Balduf and Diaz already considered their staff members experts in the adventure market, they say the Centers for Excellence designation gives them added cred- ibility along with the extra reach. "With the experience of our staff and the guys here that are riding adventure bikes and going out and living it," Diaz said, "we're an excellent source for people to ask us, 'What's best for me?'" ADVENTURE RIDING MARKET Adventure riding has gained momentum in the past decade, especially since Ewan McGregor and Charley Boorman's 2004 TV miniseries "Long Way Round" brought attention and popularity to the sport. OEMs responded as more have produced adventure bikes. It started with the BMW GS, then came the KTM 990 Adventure, followed by the Triumph 1200 Explorer and the Yamaha Super Ténéré. Kawasaki also has the KLR, and Suzuki includes the V-Strom in its lineup. Also spurring the market along, many people have shown interest in wanting to explore the outdoors more, Hyde said, and a number of A-list celebrities are also known adventure riders. ADVENTURE CONTINUED FROM COVER "I believe the adventure market will grow because it's an authentic way of exploring this planet," Hyde said. "You can't fake it. You can't put on a beanie with a fake ponytail and a watercolor tattoo and be an adventure rider. It takes real skill to manage the bikes in the terrain that they were designed for. There's authenticity to it all the way around — a deep level of authenticity." Balduf explained the lure of adventure rid- ing as such, "When you come to the fork in the road, and you've got pavement going one way and dirt going the other way, the adventure rider 95 percent of the time always takes the dirt because you can go places and see things that people on-road can't." Hyde expects the adventure market to have a 10-year run of solid growth, and, he says, the segment is only about two years into its path toward that peak. If that's true, it's great news for the industry because besides being the first to head to the road less traveled, adventure rid- ers are known as big spenders. "I would be willing to bet that the average adventure rider spends $3,000 to $5,000 in accessories, not usually through the dealership because they go back home, and they find their way to other companies," Hyde said. With the launch of the Centers of Excel- lence, Hyde is hoping to teach dealers how to keep those customers spending in-house. Included in most riders' first purchase are pan- niers, a skid plate and crash bars. "You hang more parts and farkles and all that other stuff on a GS than any other motor- cycle," Balduf said. "It's more advantageous and lucrative to the dealer overall." Riders also like to gear themselves up with adventure suits and special helmets designed to take them into a variety of terrain and weather. "Whether they're buying riding gear for their body or products for their motorcycle, either way their wallet is coming out, and they're buying stuff, so it really does benefit the dealership's bottom line," Diaz said. Adventure riders who make optimal use of their bikes also go through tires quickly, requir- ing a new pair and installation about every 3,000 miles. "The dual-sport adventure riders spend more on tires and maintenance than any other category of rider, period," Hyde said. So far, both Diaz and Balduf have been enjoy- ing the adventure market. Though they're quite engrained in it, with staff members leading rides frequently, Hyde says it doesn't take an unreasonable commitment for any dealer to join the World of Adventure. Right now he's simply looking for some enthusiastic BMW, KTM, Tri- umph and Yamaha dealers who are looking to reach a bigger adventure market. PSB "I believe the adventure market will grow because it's an authentic way of exploring this planet. You can't fake it. You can't put on a beanie with a fake ponytail and a watercolor tattoo and be an adventure rider. " Jim Hyde, founder, RawHyde Adventures Arnold W. Ackerman, chairman emeritus and founder of Motorsport Aftermarket Group, has accepted the appointment of chair of MIC's After- market/Allied Trade Committee. Ackerman will be replacing the com- mittee's previous chair, Steve John- son, who was the president and chief operating officer of Tucker Rocky Distributing for 12 years before retir- ing in 2012. "As we continue to focus on strengthen- ing our industry's recovery, we are excited to have a key contributor like Arnie Ackerman lead our Aftermarket Committee," said Dennis McNeal, MIC chair and vice president, motor- Ackerman named chair of MIC committee ADVENTURE CONTINUED FROM PAGE 6 See Adventure, Page 7 P01x07-PSB8-NEWS.indd 6 6/4/14 1:36 PM

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