Why Gen Xers and millennials are less likely to become millionaires

Jonathan Sweet, Editor In Chief

Jonathan Sweet
July 30, 2015

Good news for the industry right now: 1 in 7 of those over 62 has net wealth over $1 million and disposable income to spend on items like boats. The bad news? Later generations have a lot less money --  and probably will for their entire lives. That's according to a new paper from the St. Louis Fed’s... Read more »

Boating’s lost week

Jonathan Sweet, Editor In Chief

Jonathan Sweet
July 23, 2015

A recent study from GfK Public Affairs (h/t to NMMA) caught my eye earlier this week. The key takeaway is what they're calling "America's Lost Week." Over the last 15 years, the average American has gone from taking more than 20 days of vacation to 16. This is a big deal for boating because we know that... Read more »

Top 100 lessons: Texas Marine’s Business Development Center

Jonathan Sweet, Editor In Chief

Jonathan Sweet
July 16, 2015

We're deep into Top 100 evaluations at Boating Industry, and as always, there are some great ideas here from these top dealers. We'll share plenty more of these in the December issue of Boating Industry, but I was impressed by one I saw this week in Texas Marine's application. The three-location dealership... Read more »

Top 100 competition heating up

Jonathan Sweet, Editor In Chief

Jonathan Sweet
June 22, 2015

It's Top 100 deadline day here at Boating Industry, so applications are rolling in. It makes for a hectic, but fun day. And I get to feel a little powerful handing out those deadline extensions! The great news is that we've got lots of new companies coming in this year and it looks like applications... Read more »

Rising lake levels and rising spirits in Texas

Jonathan Sweet, Editor In Chief

Jonathan Sweet
June 9, 2015

I spent most of last week in Texas visiting several companies, meeting with dealers and manufacturers. (You can check out some of the photos on our Facebook page.) From Dallas to Abilene to Austin, one thing every company had in common was a feeling of optimism. Whether it was Tige Boats increasing production... Read more »

The growing importance of mobile for email, sales

Jonathan Sweet, Editor In Chief

Jonathan Sweet
May 27, 2015

A new study from Movable Ink shows that consumers are not only using their mobile devices for accessing email, they're more likely to take action based on those emails. The study was based on 1.5 billion emails in the first quarter of 2015. Some of the key takeaways: 67 percent of emails were opened... Read more »

ABC is just the beginning

Jonathan Sweet, Editor In Chief

Jonathan Sweet
May 19, 2015

Last week, hundreds of industry representatives gathered in Washington, D.C., for the annual American Boating Congress. It's a great chance to hear from policymakers and elected officials, as well as have our voices heard. While it'd be great to have thousands of industry stakeholders descend on Washington... Read more »

Lowe Boats uses pool program to drive improvement

Jonathan Sweet, Editor In Chief

Jonathan Sweet
May 4, 2015

Coming up in our June issue, you'll find our latest trends taking a look at the freshwater fishing boat segment. As part of that article, I talked to David Kirkland, vice president at Lowe Boats and as often happens with interviews, there's plenty of good stuff that'll never make the pages of the magazine. One... Read more »

How middle class is doing all depends on definition

Jonathan Sweet, Editor In Chief

Jonathan Sweet
April 13, 2015

Those of us who work in the boating industry know that, despite what many politicians in Washington, state capitals and city halls across the country think, boating is a middle class activity. So a recovery for the middle class is imperative for a continued rebound for boating. What has been disconcerting... Read more »

Keep it clean

Jonathan Sweet, Editor In Chief

Jonathan Sweet
April 7, 2015

I recently took a trip to Long Island to visit some of our Top 100 dealers. Besides the rainy weather (you can see some of my photos on our Facebook page), it was a great trip, with a chance to see the operations of some of the top dealers in action. There were several great takeaways, but one of the... Read more »

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