In This Issue

2021 Boating Industry 40 Under 40

Now in its fifth year, Boating Industry’s annual recognition program of strong young leaders in the marine industry shines a spotlight on a unique group of individuals leading the pack. Selected from around 200 nominations from across the industry, this year’s group features prominent young professionals form all segments of the marine industry from boat dealers to manufacturers and everything ...

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2021 Forecast: The usual suspects plus some new additions

By David Gee What will determine success for your dealership during this 2021 selling season? The overall economy? For sure. Consumer confidence? Check. Workforce issues and challenges? Yep. That trio hovers at – or near – the top of the list nearly every year. But this year, two new entrants rear their ugly heads: inventory, or lack thereof, and the ...

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2020 Top 100: Best Practices

Now in its 16th year, the Boating Industry Top 100 truly continues to celebrate the best of the best. There’s simply no denying that 2020 has been a different year to say the least and while the 2020 Top 100 is decided on 2019 results and data, the current year certainly shaped how the program ran for this year, including ...

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2020 Boating Industry Movers & Shakers

By David Gee The 10th Annual Boating Industry Movers & Shakers Awards recognize innovative leaders and trailblazers in the recreational boating industry who embrace the challenge of change. These leaders have been especially critical in 2020, when it seems like the only constants are challenge and change. This year’s Mover & Shaker of the Year led the transition of a ...

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Dealing with a pandemic and unprecedented demand

By David Gee There are approximately 4,300 recreational boat dealers in the U.S., but the largest 50 of them generate about 30% of the industry’s $12 billion annual revenue, according to Dun & Bradstreet. So let’s call the industry fragmented. Given that starting point, what is it like to run a boat dealership these days? Especially this summer of 2020? ...

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2020 Women Making Waves

Woman Making Waves - Stand-out women in the boating industry

Women Making Waves is Boating Industry’s effort to recognize the multitude of women in the industry who have made and continue to make great contributions to its success, propel its growth and lead their organizations and peers into the future. With nearly 100 nominations for this year’s Women Making Waves, choosing the highlighted women was no easy task. There is ...

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Boating Industry’s 2020 Top Products

The seventh annual Boating Industry Top Products brings to you 50 of the recreational marine industry’s best new and innovative products and services to recently hit the market, ranging from boats to engines to electronics and much more. To be eligible for consideration, products or services had to have been introduced or significantly updated since January 2019. With over 175 ...

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2020 Boating Industry 40 Under 40

40 young leaders blazing a trail of success in the recreational boating industry By Adam Quandt Boating Industry’s annual recognition program of outstanding young leaders in the marine industry highlights a unique group of individuals that stand out from their industry peers. Selected from over 200 nominations from across the industry, this year’s group features strong young leaders from all ...

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Onboard for outboards

By David Gee The boat buying public is fully on board for outboards. Retail sales increased for the eighth consecutive year in 2019, nearly reaching pre-recession levels with a 13-year high. “We’re seeing the trend in consumer demand for higher performance engines continue with outboard engine sales growth in 2019 led by engines 200hp-plus, accounting for 27% of sales, and ...

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The changing — and challenging — marina climate

By David Gee Start a marina by following these nine steps. 1) Plan your business. 2) Determine your costs. 3) Figure out your ongoing expenses. 4) Figure out your target market. 5) Figure out all the different ways to make money. 6) Figure out how much to charge. 7) Figure what your profit might be. 8) Figure out how you ...

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