Mid-Summer Sizzle
How is your dealership cooking up more business?
May Sales Department Performance
This article contains actual dealer data obtained from GSA’s 20-group reporting system. 20-groups consist of dealers from non-competing markets who meet 3 times a year to share financial and best practice information. Their goal is to grow and improve their businesses profitably. In Chart 1, total store gross margins are still light for this group
Five Keys to Finding Your Next Big Lender
Since the 2008 banking crisis, national lenders have changed and tightened their criteria for lending, which has left many dealers and customers in the lurch. One solution for dealing with this is to circumvent the big banks and establish relationships with local lenders. Community banks have a different business model than national banks, which engaged
It’s Electrifying!
There’s a lot to be “amped” about in this issue if you ask me. First, Contributor Eric Anderson talks about DBS, which isn’t a new television station, but rather it stands for Dead Battery Syndrome. It’s real, and chances are your customers have been short-circuited by it more than once. Then we get into
NPA Pre-Owned Monthly Recap: Spring In Full Swing
With all but one powersports vehicle category on the rise in March it’s clear that spring is here, buyer confidence is up and retail customers are gearing up for the riding season. On-highway categories saw a small but noticeable increase in Average Wholesale Pricing (AWP) in March as compared to the prior three months –
Just Say No to DBS – Dead Battery Syndrome
How the Powersports Market Should Approach Batteries
Debunking the Myth of Urban Mobility
Will Electric Bikes and Scooters Ever Sell In the U.S. Market?
April Service Department Performance
"/wp-content/uploads/Articles/06_01_2014/128171BOCjpg_00000076973.jpg"> In this month’s Best Operators Club, the article contains actual numbers obtained from our 20-group data reporting and analysis system. 20-groups consist of dealers from non-competing markets who meet three times a year to share financial and best practice information. The goal is to grow and improve their businesses profitably. GSA provides support, data
How To Cure Empty Online Cart Syndrome
The tips to make sure you’re welcoming online buyers
Selling Between the Lines
Before reading on, stop and ask yourself, “What do I sell?” When I ask this question to a group of finance managers or other dealership staff members, I get a variety of answers. “We sell motorcycles,” I hear. Or, “I sell financing,” or, “I sell warranties and insurance.” These are all correct on the surface
Some Non-Traditional Seasonal Movements
Some of the movements within the motorcycle and powersports market during May have varied from the more traditional seasonal changes. The powersports market heading into June is showing mixed levels of change. Six of the 10 segment categories we break the market into showed increases during the month of May.