NMDA survey sees hope for '09

Author:
Updated:
Original:

LAS VEGAS — The National Marine Distributors Association released the results of its state of the industry questionnaire earlier this week at the association’s annual S.T.E.P. Conference here.

Half the marine distributors surveyed expect their company's marine accessories sales to improve in 2009, while 18 percent expect their sales to fall. More than 30 percent said sales would be the same as 2008.

The survey also shows that 36 percent of the distributors said their company's total sales volume of marine accessories were up in 2008, compared to 2007, though 59 percent said sales were down.

Of those surveyed, 45 percent said the number of dealers they service this year is up from last year, while 46 percent said they are servicing the same number of dealers now as they were in 2007. Only 9 percent reported servicing a lower number of dealers.

The NMDA sent out 25 surveys, and reported an 84 percent response rate.

— Beth Rosenberg
Staff writer

Related

Argos 3D Forward Looking Sonar

For 20 Years, FarSounder has been developing and manufacturing 3D forward-looking sonar for vessels of all sizes.

Dometic Marine Appoints Executives

The company promotes a 20-plus-year employee and adds a vice president of aftermarket sales and e-commerce.

IMEA Launches Scholarship Program

The International Marine Electronics Alliance aims to recruit students into the field of marine technology.

RBFF Campaign Reels in Awards

The fishing-and-boating advocacy group’s Get on Board campaign was recognized by two national public relations organizations.

Suzuki’s Clean Ocean Project

Testing of the engine manufacturer’s microplastics filtering device continues as it moves closer to production. The company also released its full-year financials.

Uflex Adds to Sales and Marketing Team

The company said significant growth during the last few years created the need to add three employees.

NMTA Beats Proposal To Double Excise Tax

It’s just one example of the value of belonging to a state or local marine trade association. Are you a member of an MTA?