The National Marine Manufacturers Association today announced the acquisition of the New England Boat Show from North America Expositions Company as part of a larger strategic repositioning of its boat show portfolio.
Specific terms of the sale were not disclosed.
The purchase of the New England Boat Show confirms the NMMA's belief in the long-term value of boat shows and its stance that shows in large, populated boating markets are most viable and will remain a successful and important part of the boating industry, the organization said in its release.
"The New England Boat Show is the dominant boating event in the region and presents enormous opportunities to bring qualified customers and sales to participating companies through NMMA's wealth of marketing resources," said Thom Dammrich, president of NMMA, in a statement.
NMMA will continue the longstanding partnership between the show and the Massachusetts Marine Trade Association.
The New England Boat Show, now in its 54th year, will run Feb. 20-28 at the Boston Convention & Exhibition Center, and will continue to be directed by longtime show manager Joe O'Neal. O'Neal has been with North American Expositions Company for 29 years and has managed the show for 25 years.
With its most recent purchase, NMMA now owns and produces 20 consumer boat shows annually throughout North America.
advertisement
advertisement
advertisements
Interesting opinions. Anyone who really believes the NMMA is going to step in suddenly and rescue this show should take another sip of that Kool aid they are serving. Innovative? Change with the times?! The consumers buing habits have been changing for years with very little having been done by the shows to address it. What makes you think they will all of a sudden rise to the occasion?
Oh wait.... I was wrong. We can look forward to the Pirate Exhibits to save the day. Great forward thinking there. As another reader commented, the NMMA is in it for the NMMA. They didn't buy this to save anything. I am sure they got it for a song and will continue to run it just like it has been with higher rates coming.
Good Luck
Look what has happened to the NY and Norwalk Show. I hope they have better luck in Boston
We will see how much this actually "changes" to actually benefit the Dealers going forward. I am less optimistc than some people here. How about a get together of ALL the participating dealers in that show to see what THEY really want to see going forward out of this show? Duration (9 days is ridiculous and creates no sense of urgency), calendar dates, etc.... After all, there are a lot of people within the NE dealer network that may not be letting thier ideas be heard over those larger dealers which are driving the bus in the direction they want to go, as opposed to what may actaully be best for the industry.
While shows are certainly important to showcase new model product customers haven't seen yet, and create some sales, the current same old, same old structure is NOT working anymore. We need to change how we display to be more efficient. Most dealers I know simply bring an already (or almost) closed prospect to a boat show to write a deal for the factory promo money, when, in reality that customer could have/ should have been closed at the dealership and never put into that shark tank environment where anything can happen. At the end of the day, how many NEW sales do you see these days aout of the show that you can TRULY attribute to the show itself vs. pumped up figures. I'll bet it isn't as high as you think.
NMMA's purchase of the New England Boat Show now forms a strategic alliance between two industry associations; NMMA and the Massachusetts Marine Trades Association. The former show owner, a private promoter, is out of the financial picture. Now all of the dollars generated by this show remain within the marine industry for the benefit of both manufacturers and retailers. This must be viewed as a win-win. NMMA not only came to the rescue of a failing show, we can now build new and innovative platforms to address the changing trends of shows in the coming years. This will not be business as usual. Thom Dammrich's vision is to create more industry association partnerships like this one. Perhaps this will be the model.
Too bad. There go the rates. What is it about New Englanders that are unwilling to change with the times. To keep this a 9 day show is questionable at best. 4-5 days creates more demand and is all that is necessary for any show these days. Not sure what NMMA is thinking here, trend is to shorten (create urgency) and shrink the show size to mainly show new product. Maybe they have a plan. I hope so.
What is the NMMA thinking? Buying a boatshow in thse times. As a long time member of the NMMA I'm shocked that the NMMA would say that 50% of all shows must go and then go buy another boat show. For the passes year they have been crying poor and not putting there efforts into what is really needed, A MARINE INDUSTRY RECOVERY. Acquiring another boat show is not the step to recovery. Are the changing there name to the National Marine Industry Boat Show producer.
I'm done with the NMMA. Did the board approve this move or was it the so-called leader that move. We will not be renewing our membership!