On March 7-8, 2024, industry experts from across the country will join us to discuss...
Turning Web Traffic Into Revenue
How to Value and Prepare to Sell Your Dealership
Service Department Best Practices
Rural Lifestyle Dealer's 2024 Outlook & Trends Dealer Panel
Learn tips to help you improve the success of your business and discuss sessions with other attendees through your computer, tablet or phone… at your desk, in a conference room or on-the-go!
Upgrade to a VIP Registration for only $49 and receive extended 12-month access to the 2024 Dealer Success Academy sessions —PLUS— unlock exclusive access to 40+ additional presentations led by industry experts that will further your learning experience and set your dealership up for great success this year and beyond. You'll also receive the Rural Lifestyle Equipment in North America: A 10-Year Recap of Primary Research & Outlook/Trends, valued at $499 for FREE.
These additional VIP sessions will cover...
Diversity & Inclusion: 3 Benefits and Takeaways for Your Dealership
Growing Sales During Inventory Unknowns
Technician Recruitment & Training
How to Create Recurring Revenue in the Parts Department
Digital Marketing Strategies to Boost Your Business
Improve & integrate the online and in-store experience to increase sales
Increase efficiency and profit in your service department
Elevate your approach to employee management
And much more...
These additional sessions will be made available exclusively to registered VIP attendees. Upgrade now to experience the full Dealer Success Academy experience.
Rural lifestyle dealers are forecasting 2023 to be their most unique year in the last decade. These dealers, who serve homeowners, hobby farmers, landscape contractors and municipalities, had a strong 2022, but are predicting new challenges for 2023. After dealing with — and continuing to battle — a mix of supply chain issues, rising interest rates and increasing costs of new equipment, their outlook has shifted vs. previous years.
Some highlights from the latest survey include:
Looking at their areas of concern and optimism for the year, aftermarket stands out as a strong revenue opportunity.
In the 2023 Rural Lifestyle Dealer Business Outlook & Trends report, 42% of dealers forecast parts revenue growth of 2% or more, and half expect the same for service revenue.
Dealers indicated their 2022 financials were solid. The 2023 report showed 94% made a profit in 2022. A majority of dealers are planning to increase their spending on shop and retail space improvements in 2023. There are concerns, however.
For the first time in 10 years, a majority of dealers expect a decline in total revenue. The most significant factor was wholegoods sales, as 59% expect to see a drop of 2% or more.
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