fbpx

Two Things: Taiwan and PSI

The first thing, which was worth spending 18 hours in a flying tube for, was getting to attend the Taiwan International Motorcycle Show held in Taipei early last month. The motorcycle show was one of four separate shows held simultaneously at the Taipei World Trade Center which included Automotive Parts, Electric Vehicles and Autotronics. 

 

I will be covering this show in greater detail in the next issue, but one of the biggest takeaways I got was just how much of a powerhouse Taiwan is in manufacturing. It’s hard to understand until you see it for yourself. Everywhere you turned was another example of a Taiwanese company with massive manufacturing capacity.

 

Most of the exhibitors were there for the local market which is made up of a population of about 10 million scooters. Speaking of scooters, I also had the chance to visit the KYMCO factory in Kaohsiung and was impressed by the volume and speed of the production line. But the high-speed rail back to Taipei was equally impressive, reaching 177 mph!

 

The second thing is the recently released Pied Piper Prospect Satisfaction Index (PSI) which revealed that Ducati dealerships have returned to the top of of the rankings. The last time Ducati dealerships were ranked No. 1 was in 2009.

 

Harley-Davidson dealers were ranked No. 1 in last year’s study but fell to second this year. The study measures dealership treatment of motorcycle shoppers, with rankings by brand determined by Pied Piper’s special patent-pending process, which gives a score to mystery shopping and ties it to sales success. 

 

According to the report, performance improved significantly industry-wide from last year, with 12 of 17 brands scoring higher. Not getting ahead of ourselves, the study also said there’s room for improvement throughout the industry. 

 

For instance, 84 percent of salespeople still greet customers with, “Can I help you?” and get, “Just looking,” in response. On the other hand, dealerships sell 34 percent more vehicles when the salesman asks for the sale at least 67 percent of the time. 

 


For more interesting stats from this study, be sure to check it out here

You May Also Like

Maximize Every Sale With F&I and PG&A

This recorded AIMExpo education track discusses how the bike is just the start of the sale.

MPN F&I panel, AIMExpo 2024

At AIMExpo 2024, Greg Jones, content director for MPN, moderated the finance and insurance (F&I) panel in MPN's Dealer Excellence education track. The panel consisted of Jason Duncan, McGraw Powersports; JD Baker, Protective Asset Protection; John McFarland, Lightspeed; and Zachary Materne, Apiar Commercial Risk Management.

In this session, Jones and the panel discuss how to maximize every sale beyond the bike with F&I and parts, gear and accessories (PG&A). The panel advises on best practices, how to make the purchase process more exciting, how to utilize technology in this process and more.

Elevating Your Sales Game Through Parts Packaging

Breaking down the art and science of a well-designed, customer-focused, profit-friendly parts package.

Unleash Your Experts: How to Be a Long-Tail Resource for Powersports Enthusiasts

Closing deals and providing service are a dealer’s bread and butter, but your dealership has far more to offer.

dealership employees
Building a Growth Stategy With a Powersports Playbook

Success isn’t a fluke, and it’s not luck. It’s a strategy.

Fostering an F&I Culture That Sells

Dealership success hinges on the ability to cultivate a strong F&I culture.

Other Posts

Increasing Profits Through Accessorizing

Go out and find the units to dress up — there’s lots of extra profit to be made.

Q&A: Powersports Consumer Sentiment Forecast for 2024

Consumers aren’t delaying purchases because of the economy, but they’re still looking for deals.

motorcycle, money, wallet, consumer, customer
Nothing But Good Vibes at Santa Barbara Motorsports

Santa Barbara Motorsports is working to make every door swing count.

Santa Barbara Motorsports
To E-Bike or Not to E-Bike?

When it comes to e-bikes, it’s the wild, wild West out there.