2016 media planning guide
Transcription
2016 media planning guide
INSPIRING SUCCESS THROUGH MARKET INTELLIGENCE May 25, 2015 • Volume 18, Number 7 • $3.99 February 16, 2015 • Volume 18, Number 3 • $3.99 September 17, 2015 • Volume 18, Number 11 • $3.99 THE MOST AUTHORITATIVE ANNUAL REFERENCE TOOL FOR POWERSPORTS $79.95 PSB: FOCUS Industry Leaders PSB: FOCUS Nifty 50 Awards SEE PAGE 12 SEE PAGE 16 INSPIRING SUCCESS THROUGH MARKET INTELLIGENCE www.powersportsbusiness.com Mohr develops new culture at Küryakyn FOCUS www.PowersportsBusiness.com w w w . po w e rspo rt sbusine ss. c o m HOLGER MOHR Team focuses on shared vision, mission and goals INSPIRING SUCCESS THROUGH MARKET INTELLIGENCE Powersports Business • September 17, 2015 • 17 This issue: Snow Next issue: Metric Motorcycles u INNOVATION Boisjoli plays key engineering role with new Pilot TS adjustable track BY KATE SWANSON perature was -10 degrees Celsius, and riding conditions were icy. All day I had a hard time controlling my snowmobile, even though I’m an experienced rider. My snowmobile was always darting. Needless to say, I did not enjoy my ride. The next morning, 3 to 4 inches of snow had fallen during the night, and the weather was around -2 degrees Celsius, which made for very nice riding conditions. Contrary to the previous day, my snowmobile rode magnificently. I realized that something had to be done to make sure that our clients would consistently enjoy riding our products. The following Monday I went to see our Ski-Doo engineering team to brainstorm on how we could resolve the problem. It took a few years, but we did FROM WITHIN “ PSB: FOCUS SNOW ” 2015 President, Küryakyn ASSISTANT EDITOR For snowmobile terrain, Ski-Doo’s new Pilot TS adjustable track solves headaches faster than any medicine. With a slight turn of the hand, the Pilot TS adjusts to more than 20 positions to fine tune handling to accommodate changing trail conditions. The idea for the innovative ski came from BRP’s CEO José Boisjoli, who shared his thoughts on the engineering process and idea behind the Pilot TS ski with Powersports Business. PSB: What made you first think of this idea for an adjustable ski? JOSÉ BOISJOLI: In the winter of 2009- 10, I was snowmobiling on a trail between Québec City and the Charlevoix region. On Saturday, the tem- Our goal is to make Ski-Doo customers’ ride the most enjoyable possible. — José Boisjoli, CEO of BRP SEE PAGE 17 read more from José on page 18. BY LIZ KEENER View the full list of winners - Page 16 MANAGING EDITOR Taking a SHOT Powersports companies seek sales from outdoors enthusiasts at SHOT Show in Las Vegas. SEE PAGE 8 WPS displays growth at vendor show New entrant Yamaha introduces its latest side-by-side, the 708cc Wolverine R-Spec. SEE PAGE 24 A step forward Bates Footwear launches its first four shoes designed for motorcyclists. SEE PAGE 28 NEWS: Kendon announces new ownership . . . . . . . PAGE 3 MOTORCYCLE: KBB .com’s top-searched bikes . . . . . . . . . PAGE 30 PWC: PWC sales increased in 2014 . . . . . . . . . . PAGE 32 SNOW: Arctic Cat earns X Games gold . . . . . . . . . PAGE 34 New reps from Marshall, new brands and a new format BY DAVE McMAHON EDITOR IN CHIEF Sales reps for Western Power Sports and its American V-twin sister brand HardDrive Parts spent a full week off the dealership path in January. There was work to be done in Boise, Idaho, home of WPS, however, and the WPS reps logged plenty of extended workdays during the newly formatted National Sales Meeting. Out was the old 2-3 day gathering that showcased both street and off-road products. Instead, the off-road vendors had the Century Link Arena floor on Monday and Tuesday to start the show. While they departed Wednesday, the on-road vendors moved in, and WPS reps scattered throughout the city to undergo regional sales and training meetings. Fans of blue football fields were in for a treat when the weeklong event ended See WPS, Page 11 Top left: Western Power Sports CEO Craig Shoemaker shows off his new digs — with some gadgets — at the company’s Boise, Idaho, facility. Top right: Brand manager Jeremy Weismann displays the entry products for new WPS house brand, Highway 21. Above: The arena floor at Century Link Arena served as the weeklong home for WPS reps. DOLLARS AND SENSE What has changed? As I write this, it is January of 2015. I first landed at a desk in a Honda motorcycle dealership in January of 1972, and have been in the industry almost every day since. That’s 43 years in motorcycle. HAL ETHINGTON So, what has changed? Let’s take a look. In 1972 there was no computer system available for motorcycle. Auto had it, but it cost $100,000 or more, and was out of reach for any motorcycle dealership. I know. I worked for ADP right out of college, and the thought of marketing to motorcycle was laughable. So, no computer system. That meant that all accounting was done with a #3 pencil and 13-column accounting paper. Or perhaps a legal size 4-column pad for journal entries. Parts invoices were listed, footed and crossfooted by hand. You did it twice to prove your balances. If you didn’t get the same total, you started over. I had a permanent half-moon dent in the finger where my pencil lay. Major unit deals were hand calculated and handwritten. Contracts were handwritten, with payments interpolated from payment books you carried in your hip pocket next to a blue book. If the customer at pickup wanted to add something to the deal, he had to pay cash, or you gave it to him. It was just too hard to re-do the contract. Repair orders were handwritten. Amounts were figured on electronic desk calculators that were just coming into use in the early See Ethington, Page 37 UTV takeover Yamaha’s Wolverine R-Spec manuevers through the trails at the Brimstone ATV park in Huntsville, Tenn. SEE PAGE 24 Customer care Ducati surpasses competitors to rank first in the 2015 Pied Piper PSI study. SEE PAGE 29 Birthday bash Wildcat H-D celebrates sixth year with one of Kentucky’s largest fireworks displays. SEE PAGE 38 NEWS: Moose Racing’s apparel at EnduroCross . . . PAGE 3 FINANCE: Polaris and Harley share Q1 results . . . . . . PAGE 10 ATV/UTV: AMSOIL unveils new lubricants . . . . . . . . . PAGE 28 CYCLE: Guest column by Tim Woodsome . . . . . . . PAGE 30 When discussing the success Küryakyn has had over the past year and a half, company president Holger Mohr has a hard time talking about the impact he’s had on that success. Instead, he defers to praising his team, which includes everyone working under the roof of Küryakyn’s Somerset, Wis., headquarters. “People are our most important resource,” he told Powersports Business from his office in Somerset. “You can have any process planned, but if you don’t have the right people to execute it, it doesn’t get you anywhere. Having the right team in place and now adding the right processes and procedures, that’s where the magic comes.” Anyone who has managed a team knows Mohr is correct. The right people are essential for driving change, developing new ideas and products and delivering on the processes and procedures passed down by management. Mohr has put much of his efforts in 2014 and 2015 into building that ideal team and refining the culture at Küryakyn, which are two of the many reasons Powersports Business chose Mohr as the 2015 Executive of the Year. Mohr’s leadership in 2014-15 also helped the company to launch the new Crusher and Bahn brands, expand its branding expertise, increase and improve product development and prepare the company for the next 25 years, all while producing profitable growth. THE KÜRYAKYN TEAM Since Mohr joined Küryakyn as president in January 2014, new hires have been in abundance. Notable new employees include: vice president of product development Pete Amenda, who was most recently VP of marketing for S&S Cycle; director of international sourcing and supply chain Kevin Miller, a former source development manager at Safco Products; director of sales — International Business John Kear, previously responsible for INDUSTRY LEADERS PAGE 12 Best in snow Arctiva revamps its snowmobile apparel line for the 2015-16 season. SEE PAGE 26 New Cats EXECUTIVE OF THE YEAR dealer commercial and network development with Honda Motorcycles Europe; and events manager MJ Berst, who has worked for Polaris and Harley-Davidson in the past. But those were by far not the only hires. As part of its 25th anniversary NXT 25 initiative that started in 2014, Küryakyn filled new positions across the company. NXT 25’s goal is to set Küryakyn up for its next 25 years in business. As Mohr developed his new management team, that team also began making hires BRIAN KLOCK TIM McKERCHER President Klock Werks Kustom Cycles President LOOK Marketing Mattighofen, Austria-based KTM announced record sales for the fourth consecutive year. Unit sales of KTM and Husqvarna were 158,760 units, an increase of 28.2 percent from 2014. Revenue increased to 864.6 million Euro ($979.4 million), a 20.7 percent increase. Also, the company now employs 2,143, an increase of 294 from 2013 and an all-time high number of employees. In 2014, KTM invested 85 million Euro ($96.2 million) in its Mattighofen See Mohr, Page 4 Arctic Cat launches its 2016 side-by-side and ATV lineup. SEE PAGE 32 BY THE NUMBERS: Motorcycle | Scooter | Side-by-Side/UTV ATV | Snowmobile| PWC | Dealers | Aftermarket Service attitude Motoprimo Motorsports in Lakeville, Minn. increases sales with the right attitude. SEE PAGE 36 E EVER! FIRST TIM E SIDE-BY-S WORLDWID ID E S ALES 75th STURGIS RALLY REVS UP attendance Vendors say 2015 was a banner year BY LIZ KEENER MANAGING EDITOR Final attendance numbers aren’t in yet, but to say there were a lot of people and a lot of motorcycles at the 75th annual Sturgis Motorcycle Rally would be an understatement. The South Dakota Department of Transportation reported 510,749 vehicles entered the city of Sturgis during the official rally days of Aug. 3-9. But those were just the official days. In the 10 days prior to the Aug. 3 start, another 454,381 vehicles were reported entering the small South Dakota city that’s usually home to 6,627 people, according to the sign on the edge of town. And, of course, the DOT’s number only includes those who made the trek into Sturgis, though activities were also going on in Rapid City, Deadwood and other nearby areas. And it only includes vehicle numbers, not the number of people on or in vehicles. Anecdotally, many of those working at vendor booths said the crowds were heavy, starting the middle of week prior. “I got here on Friday [July 31], and in talking to the mayor and some of the city officials, FOCUS: Dealers look forward to snow season . . . . PAGE 23 CYCLE: POWER 50: Electric Victory set for 2015 launch: Analyst KTM announced worldwide record sales for the fourth consecutive year. See Hot News, Page 3 Victory will launch an electric motorcycle in the second half of 2015 with a range of 70 miles city/120 miles road range, according to a research note provided to Powersports Business by Wells Fargo Securities analyst Tim Conder following a Polaris meeting with analysts in Iowa in April. Pricing on the electric Victory is TBA. In addition, Conder reports that the majority “of paint systems issues [have been] addressed, with volume slowly ramping. Indian Scout began meaning- ing the record-attendance-setting 60th rally in 2000, reported the Meade County TimesTribune. And some vendors were open as early as Saturday, July 25, when Black Hills HarleyDavidson’s Rally at Exit 55 launched its prerally festivities. Three exhibitors that were more than excited for the big anniversary year were OEMs Harley-Davidson, Polaris (Indian, Victory, Slingshot) and Can-Am. HARLEY-DAVIDSON It had been clear for more than six months that California’s wine country provides ideal backdrop for work, play Record numbers for AIMExpo . . . . . . . . . . . PAGE 3 Vice President/General Manager & President Marketplace Events Motorcycle Group they said that … at least the front tail, really there was a lot more traffic and attendees than they’ve seen in the past,” said Mike McCann, director of North American Events and Strategy for Harley-Davidson. He added, “You can definitely feel the excitement, and you can notice it after having come for a number of years that this one’s a little special, and there are more people out there.” Knowing that the 75th would be a banner year, the industry and others who frequent Sturgis to sell their wares were ready. The city issued 903 temporary vendor licenses this year, only 40 less than were distributed dur- See Sturgis, Page 6 Big launch for Kawasaki Mule Pro-FX NEWS: LARRY LITTLE & MIKE WEBSTER The South Dakota Department of Transportation reports that 965,130 vehicles entered the city of Sturgis from July 24-Aug. 9. This photo was taken on Monday, Aug. 3, the first official day of the rally, and the day the most vehicles (96,409) were reported entering the city. BY DAVE MCMAHON EDITOR IN CHIEF Dealer focuses on adventure bikes . . . . . . PAGE 34 Motorcycle Mall’s 40th anniversary . . . . . . PAGE 46 The Kawasaki Mule Pro-FX features a 812cc 3-cylinder engine. Sitting inside a well-appointed hotel in Paso Robles, Calif., the media launch of the Kawasaki Mule Pro-FX and Pro-FXT Ranch Edition HOTNEWS HOTNEWS 4th record sales year in a row for KTM as well. Miller hired a new quality manager, and Amenda brought on an engineering lead and a design lead, among others. And the hiring continues. Küryakyn is still looking to fill designer, engineer, product manager and sales positions, and in early May, Küryakyn announced Steve Veltri will serve as the company’s new VP of brand management. Küryakyn has also increased the scope of the work completed by contract designers. INSPIRING SUCCESS THROUGH MARKET INTELLIGENCE www.powersportsbusiness.com PSB INSPIRING SUCCESS THROUGH MARKET INTELLIGENCE www.powersportsbusiness.com was still a day away. Yet key players in the development of the Mule Pro-FX platform from Kawasaki Heavy Industries in Japan had just entered the lobby and were grinning earto-ear. The group had just returned from an afternoon of shopping at some outdoor- and powersports-industry retailers, and had gained a much better understanding of the side-byside marketplace. Minoru Kanamori is a jack-of-all-trades for Kawasaki Motors Corp., technically the R&D See Mule, Page 13 HOTNEWS ful shipments in March, should catch up by late Q315. Indian Dark Horse selling very well. 360 global retailing dealers by YE2015. Victory brand repositioning as ‘American Muscle’ with 690 global retailing dealers YE2015.” Demand for Slingshot is 50 perSee Hot News, Page 3 Major retail financer exiting powersports industry Powersports Business has learned that Capital One recently informed its OEM partners that it will no longer be renewing contracts with them; it will be reducing investments in powersports and will eventually exit the business. Capital One’s lineup of OEM partners for its factory credit card business includes Can-Am, Indian, Kawasaki, Polaris, Sea-Doo, SkiDoo, Star Motorcycles and Yamaha. In fact, Kawasaki was the first power- 2016 MEDIA PLANNING GUIDE sports OEM to offer retail financing to its customers, beginning as a Capital One partner in 1988. Yamaha became a Capital One partner in 1994, Polaris in 2005 and BRP in 2013. Each OEM will experience a different status as a result of the announceSee Hot News, Page 3 ABOUT US PRINT EDITORIAL CALENDAR DIGITAL RATES EVENTS CONTACT US POWERSPORTS BUSINESS IS THE LEADING PUBLICATION AND NEWS SOURCE IN THE INDUSTRY. Our readers include powersports dealers, industry professionals, repair and service shops and retail locations — virtually every powersports-related business. Top professionals gain beneficial information on trends, best practices and key business statistics that help them develop more profitable and sustainable businesses. Our readers have come to rely on Powersports Business as the definitive source for timely statistics, news and information. OUR UNIVERSE, YOUR OPPORTUNITY Readership by Job Function 30% 29% 25% 20% 18% 15% BY PURCHASING POWER 16% 14% 13% 10% Franchised Dealer Product Offerings 5% 0 PWC 33% Snowmobile 37% Motorcycle 82% 4% Owner, Partner, VP, Sales President, Director, Manager CEO Gen. Manager, Dist. Manager Sales & Marketing Other R&D 2% 1% Manufacturer Service Representative Manager Parts, Apparel/ Accessories Manager By Company Sales Volume 40% 35% 34.9% 30% UTV 77% 3% 28.1% 25% ATV 80% 20% 17.8% 15% 11% 10% 8.2% 5% 0 Over $20 million $10 to $20 million $5 to $10 million $1 to $5 million Up to $1 million Source: Powersports Business Reader Survey August 2014 www.powersportsbusiness.com • 2 ABOUT US PRINT EDITORIAL CALENDAR DIGITAL RATES EVENTS CONTACT US POWERSPORTS BUSINESS IS YOUR MARKETING SOLUTION Powersports Business offers you several ways to reach and influence your prospects. Whether you prefer your message in print, online or in-person, Powersports Business has a solution that’s just right for you! DIGITAL E-NEWS Reach more than 10,000 email subscribers by advertising in our three-times-per-week e-newsletter. PRINT October 5, 2015 • Volume 18, Number 13 • $3.99 INSPIRING SUCCESS THROUGH MARKET INTELLIGENCE www.powersportsbusiness.com FOCUS Powersports Business • October 5, 2015 • 19 PSB www.PowersportsBusiness.com This issue: Metric bikes Next issue: Helmet & Apparel u METRIC SPORT BIKES: [ First-of-its-kind 5-speed manual starts at $19,799 [ SEE PAGE 19 SALES GROWTH FROM Q2 2011 TO Q2 2015 GROWS BY 8 PERCENT Work and play Yamaha develops 2016 models: The Grizzly for play and the Kodiak for work. SEE PAGE 34 THE MOST AUTHORITATIVE ANNUAL REFERENCE TOOL FOR POWERSPORTS Yamaha, the YXZ1000R. That would come the following day in Long Beach, Calif. But he had a hunch about what was coming, and he — like all of the other dealers who were invited to the exclusive event (store owners only, thanks) — can’t wait to get his first product shipment Yamaha Motors Corp., USA, officials outdid themselves with the global launch production, placing bleachers, a stadium-style video board and a dirt demo track — complete with about 300 feet of whoops that were the talk of the ride — on a swath of an undeveloped pier at the Port of Long Beach. “Transportation” to the event included a double-decker bus or trolley to a marina. Upon boarding a Harbor Breeze BY DAVE MCMAHON EDITOR IN CHIEF The all-new 2016 Yamaha YXZ1000R left dealers smiling at the global launch in Long Beach. Mike Goff, co-owner of Snake River Yamaha, a single-line dealer in Meridian, Idaho, didn’t need to think twice when asked when he last anticipated a product launch with such excitement. “It’s the most buzz I’ve seen in 19 years in the business,” Goff said. Goff had not yet witnessed the memorable launch of the all-new sport side-by-side from LIFT YOUR DEALERSHIP TO NEW HEIGHTS WITH $79.95 Yamaha YXZ1000R: ‘Most buzz I’ve seen in 19 years’ Trending upward PSB: FOCUS Metric bikes INSPIRING SUCCESS THROUGH MARKET F&I AND INTELLIGENCE www.powersportsbusiness.com SALES TRAINING 2015 See Yamaha, Page 38 Unlimited opportunities ONLINE The latest news first makes our website the #1 choice for powersports news and information online. NVP in Madison might have been the best one yet Go off-road After its Polaris acquistion, Hammerhead Off-Road sees 20 percent growth in 2015. SEE PAGE 42 Light it up Brite-Lites shows off its new products at Parts Unlimited/Drag Specialties’ NVP. SEE PAGE 57 FINANCE: Jury returns Sea-Doo verdict. . . . . . . . . . . PAGE 16 NEWS: Power 50 dealers honored at AIMExpo . . . . PAGE 3 FOCUS: Exculsive metric motorcycle study . . . . . . PAGE 20 POWER 50: Adam Smith buys two more stores . . . . . . PAGE 61 BY KATE SWANSON ASSISTANT EDITOR Another month, another industry first. In August, I had the opportunity to cross another “must” off my list, the Parts Unlimited/Drag Specialties National Vendor Presentation. With the same nerves as a new student on the second day of school, I made my way to the Monona Terrace Event Center in Madison, Wis., anticipating my first interviews at the show and preparing for the rumored massive turnout of dealers. What I found was a venue brimming with powersports enthusiasm and an educational experience for all who attended. I arrived in time to join the dealer preview on Saturday, registering on the top floor and taking several escalators down to the exhibition hall, a change new to this year’s show. “We had a really good turnout, I think, with more vendors than ever,” said Jim Matchette, Drag Specialties’ national sales manager. “We expanded the front entryway where you came down the escalators and moved registration upstairs to add extra booths — that was a real success. For us, it couldn’t have gone any better.” My first booth stop of the day was to see Jay Savignac and his crew at Arctiva, the Parts Unlimited snowmobile apparel line. After a photo op of the Arctiva gear, Savignac walked me through some new products, including Z1R Helmets, which complement Arctiva’s apparel options. Next I ran into Sukoshi Fahey, senior account manager for Avon Tyres, who has a BY THE NUMBERS: Above: (From left) Steve Weir, Jimmy Rauser, Brandon Mueller and Jay Savignac posed for photo op in new Arctiva gear. Right: ICON had a presence both inside and outside the show, with an indoor display within the expo hall and an ICON Limiter Live show outside. long history with the NVP and commented on this year’s expansion: “This year they’ve added more vendors, more enthusiasm with the ICON show and display bikes. They’re trying to add more value to the dealers coming and keeping that excitement going.” It’s clear that Parts Unlimited definitely succeeded in drawing more dealers this year. Dealer attendance was up this year over last, and with more than 175 reps and 200-plus vendors, NVP was the perfect recipe for a good time. Walking TV Motorcycle | Scooter | Side-by-Side/U ATV | Snowmobile| PWC | Dealers | IME EVER! FIRST TID E SIDE-BY-SID WORLDW Aftermarket E S ALES through the carefully planned aisles, I saw many people catching up like old friends and displaying genuine interest in what each vendor had to offer. “We try to mix up the rows with V-twin and metric products to keep the dealers active and keep the vendors engaged. It really keeps Brought to you by See NVP, Page 4 HOTNEWS Manheim to sponsor networking event at AIMExpo in Orlando After last year’s inaugural Powersports Business Institute @ AIMExpo Kickoff Networking Reception was met with great attendance and positive feedback, PSB is bringing the event back for 2015. Join PSB and host Manheim Specialty Auctions from 5-6:30 p.m. on Wednesday, Oct. 14 on the pool balcony overlooking the pool at the Rosen Centre Hotel adjacent to the Orange County Convention Center. The Kickoff Reception will include beer, wine and appetizers, thanks to Manheim Specialty Auctions. Bring your AIMExpo badge to the door, and you’ll be able to join dealers, PSBI@ AIMExpo speakers, exhibitors and others from the industry during this 08715S-PSB-RPM Case Study C.indd 1 8/25/15 4:50 PM See Hot News, Page 3 Powersports Business magazine Published 14 times a year, Powersports Business is packed with valuable trend information, statistics and news. ANNUAL MARKET DATA BOOK compiles critical powersports information from the most respected data sources in the industry. CUSTOM MEDIA Custom media can be a perfect solution for companies that need to provide in-depth information about their businesses. SOCIAL MEDIA EVENTS POWERSPORTS BUSINESS INSTITUTE @ AIMEXPO Develop relationships with industry leaders and proactive powesports dealers by sponsoring the industry’s leading dealer educational event held at AIMExpo in Orlando each fall. DIGITAL EDITIONS Our digital editions, which are viewable online, on a tablet or on a phone, offer unique ways to interact with key powersports readers. POWERSPORTS BUSINESS POWER 50 DEALER AWARDS PROGRAM Developed by the editors of Powersports Business magazine, the Power 50 is an awards program recognizing the top 50 powersports dealers on multitude of business criteria. Effectively navigate the social scene. Our social media experts will access your situation and design a social strategy to engage your next customer. RESEARCH WEBINARS Build your company’s brand recognition and respect. Expert research services for the accurate and credible information you need. www.powersportsbusiness.com • 3 ABOUT US PRINT EDITORIAL CALENDAR August 17, 2015 • Volume September 17, 2015 • Volume 18, Number 11 • $3.99 18, Number 10 • $3.99 www.powersportsbus iness.com INSPIRING SUCCESS THROUGH MARKET INTELLIGENCE INTELLIGENCE INSPIRING SUCCESS THROUGH MARKET www.powersportsbusiness.com Powersports Business • September FOCUS POWERSPORTS BUSINESS/RBC PSB th This issue: Snow Next issue: Metric Motorcycles u INNOVATION FROM WITHIN riding perature was -10 degrees Celsius, and time conditions were icy. All day I had a hard controlling my snowmobile, even though I’m an experienced rider. My snowmobile did not was always darting. Needless to say, I enjoy my ride. The next morning, 3 to 4 inches of snow had fallen during the night, and the weather made ASSISTANT EDITOR was around -2 degrees Celsius, which Pilot for very nice riding conditions. For snowmobile terrain, Ski-Doo’s new faster Contrary to the previous TS adjustable track solves headaches of day, my snowmobile rode than any medicine. With a slight turn than magnificently. I realized the hand, the Pilot TS adjusts to more that something had to 20 positions to fine tune handling to accombe done to make sure modate changing trail conditions. that our clients would The idea for the innovative ski came shared consistently enjoy ridfrom BRP’s CEO José Boisjoli, who and ing our products. The his thoughts on the engineering process following Monday idea behind the Pilot TS ski with Powersports I went to see our Business. Ski-Doo engithis neering team PSB: What made you first think of to brainstorm idea for an adjustable ski? on how we could resolve JOSÉ BOISJOLI: In the winter of 2009- the problem. 10, I was snowmobiling on a trail a few between Québec City and It took the Charlevoix region. years, but On Saturday, the tem- we did Boisjoli plays key engineering role with new Pilot TS adjustable track “ PSB: FOCUS SNOW ” Our goal is to make Ski-Doo customers’ ride the most enjoyable possible. — José Boisjoli, CEO of BRP SEE PAGE 17 Arctiva revamps its snowmobile 2015-16 season. SEE PAGE 26 Arctic Cat launches its 2016 ATV lineup. SEE PAGE 32 Service attitude Minn. Motoprimo Motorsports in Lakeville, increases sales with the right attitude. SEE PAGE 36 NEWS: Record numbers for AIMExpo . . . . . . . . . . . Dealers look forward to snow season . . . . Dealer focuses on adventure bikes . . . . . . Motorcycle Mall’s 40th anniversary . . . . . . Big launch for Kawasaki Mule Pro-FX in the was still a day away. Yet key players platform development of the Mule Pro-FX had from Kawasaki Heavy Industries in Japan earjust entered the lobby and were grinning from an to-ear. The group had just returned and afternoon of shopping at some outdoorgained powersports-industry retailers, and had side-bya much better understanding of the EDITOR IN CHIEF side marketplace. for Minoru Kanamori is a jack-of-all-trades in Paso the R&D Sitting inside a well-appointed hotel Kawa- Kawasaki Motors Corp., technically Robles, Calif., the media launch of the See Mule, Page 13 Edition saki Mule Pro-FX and Pro-FXT Ranch California’s wine country provides ideal backdrop for work, play PAGE 3 BY DAVE MCMAHON PAGE 34 PAGE 46 Above plan 22% plan 42% On plan 36% Source: Powersports Business/ RBC Capital Markets Dealer Survey but to Final attendance numbers aren’t in yet, of motorsay there were a lot of people and a lot cycles at the 75th annual Sturgis Motorcycle South Rally would be an understatement. The entered the city of Sturgis from July reported The South Dakota Department of Transportation reports that 965,130 vehicles vehicles Dakota Department of Transportation day of the rally, and the day the most dur- 24-Aug. 9. This photo was taken on Monday, Aug. 3, the first official 510,749 vehicles entered the city of Sturgis the city. (96,409) were reported entering ing the official rally days of Aug. 3-9. In But those were just the official days. 60th rally another tail, really ing the record-attendance-setting the 10 days prior to the Aug. 3 start, the they said that … at least the front the Meade County Times454,381 vehicles were reported entering attendees than in 2000, reported to there was a lot more traffic and home usually some vendors were open as early that’s city small South Dakota said Mike McCann, Tribune. And the edge they’ve seen in the past,” 25, when Black Hills Harley6,627 people, according to the sign on Events and Strat- as Saturday, July its prenumber director of North American Davidson’s Rally at Exit 55 launched of town. And, of course, the DOT’s trek into egy for Harley-Davidson. festivities. rally excitethe only includes those who made the feel than He added, “You can definitely on in Three exhibitors that were more Sturgis, though activities were also going after having come areas. ment, and you can notice it anniversary year were Rapid City, Deadwood and other nearby one’s a little spe- excited for the big Vicnot the for a number of years that this OEMs Harley-Davidson, Polaris (Indian, And it only includes vehicle numbers, are more people out there.” there and cial, tory, Slingshot) and Can-Am. number of people on or in vehicles. Knowing that the 75th would be a banner at Anecdotally, many of those working who frequent heavy, year, the industry and others The city HARLEY-DAVIDSON vendor booths said the crowds were Sturgis to sell their wares were ready. more than six months that starting the middle of week prior. licenses this It had been clear for See Sturgis, Page 6 talk- issued 903 temporary vendor “I got here on Friday [July 31], and in distributed durofficials, year, only 40 less than were ing to the mayor and some of the city PAGE 23 CYCLE: POWER 50: Visiting Alaska? The Motorcycle Shop has all riders need to fly in and ride a bike home, unforgettable memories included. SEE PAGE 19 Vendors say 2015 was a banner year BY LIZ KEENER The Kawasaki Mule Pro-FX features a 812cc 3-cylinder engine. Major retail financer exiting powersports industry Powersports Business has learned that Capital One recently informed its OEM partners that it will no longer be renewing contracts with them; it will be reducing investments in HOTNEWS powersports and will eventually exit the business. Capital One’s lineup of OEM partners for its factory credit card business includes Can-Am, Indian, Kawasaki, Polaris, Sea-Doo, SkiDoo, Star Motorcycles and Yamaha. In fact, Kawasaki was the first power- Ural invited Two dealerships co-host the 3rd annual Midwest Ural Gathering. SEE PAGE 36 Style for miles Divas SnowGear, a women-only snowmobile apparel line, adds four new pro riders. SEE PAGE 42 NEWS: EBR goes to auction, Hero buys . . . . . . . . . PAGE 6 FOCUS: Giant Loop parnters with Rally Raid . . . . . PAGE 20 PWC: Warner sets record for Kawasaki . . . . . . . PAGE 40 POWER 50: Motos Illimitées opens new dealership . . . PAGE 46 Bad Boy, E-Z-GO parent: Not just a golf car company p1x11-PSB10-News.indd Q3 outlook See Survey, Page 10 Textron Specialized Vehicles brings two brands to the powersports market Ever since Textron acquired E-Z-GO in 1960, the company has been known for its golf car expertise. But E-Z-GO is just one of Textron’s dozBY LIZ KEENER ens of brands, and one MANAGING EDITOR of five that fall under the Textron Specialized Vehicles With its headquarters based in Augusta, Ga., just division. miles from Augusta National The Bad Boy side-by-side Golf Club, home of CushmanTSV also includes line the annual Masters golf tournament, commercial and newest, as Bad Boy productionat TSV’s Augusta, Ga., headquarters is one of the E-Z-GO has utility vehicles, moved from Natchez, tron acquired Bad Boy Miss., to Augusta after been producing golf cars TUG and in 2010. TSV headquarters Texfor 55 years and is one totaling 775,000 square consists of six main buildings Douglas aviation ground of the market leaders in feet. that industry. But E-Zsupport equipment and GO’s parent Textron Specialized Vehicles (TSV), Bad Boy, a division of Textron Inc., a side-by-side company wants that was TWO BRANDS more than a golf car company. to be known as acquired in 2010. FOR POWERSPORTS Instead, it wants to Textron acquired Bad Boy Though E-Z-GO golf cars reach a broader audience, in October 2010, givare including powersports known products, the division TSV’s most well- ing the company its first brand dealers and their customers. that already had in begun putting more resources recent years has a footprint in the powersports “We want to be a more industry. But as into and emphasis the broadly recognized, on company has begun learning its Bad Boy side-by-sides more legitimate player in more about the the powersports indusand its E-Z-GO industry, personal transportation vehicles try,” explained John Collins, its distribution models and (PTVs), and the ers, TSV its customvice president, Con- company has found that it can bring sumer for TSV. is looking to distribute not only both through Boy but powersports dealers. also E-Z-GO into the powersports Bad market AIMExpo announced that S&S will become the newest exhibitorCycle for the 2015 show. The addition of S&S Cycle further expands the growing contingent of V-twin exhibitors in the See Hot News, Page 3 Q2 2015 DEALER SURVEY more than 47 brands of motorcycles, ATVs, side-by-sides, snowmobiles and of 128 of the 141 respondents PWC. A total After seeing business progress (91 percent) are in remained cautious but positive the Q2, dealers single-store owners. heading into the next quarter. Varying customer traffic, weather DOOR and buying interest were SWINGS among the reasons The majority of customer traffic they’re feeling this way, based responses in Q2 on 2015 Powersports Business/RBC results of the Q2 were “about the same” or “somewhat Capital Markets comparison better” in Dealer Survey. A total of to the same period 141 dealers from 40 all segments. Among motorcycle last year across states and two Canadian provinces completed dealers, 31 percent of dealers thought that the survey. customer traffic was “somewhat better.” The states not represented are Louisiana, Mark Moses, owner and North Dakota, Oklahoma, general manager of Oregon, Rhode Indian Island, South Carolina, Motorcycle Charlotte in N.C., says as far Vermont, Virginia, as customer traffic is concerned, West Virginia and Wyoming. his Dealers from saw somewhat better door swings dealership those states who are interested and was on in the second quarter survey in participating plan for Q2. should send an From the responses of email to PSB Editor in Chief dealers in Dave McMahon at vey, the majority reported inventory the [email protected] as “about and right” across all request to be added to the segments, with heavyweight list. motorcycles and sport bikes Overall, the responding teetering on “too dealerships sell S&S Cycle to sponsor AIMExpo V-twin event to sports OEM to offer retail financing its customers, beginning as a Capital One partner in 1988. Yamaha became a Capital One partner in 1994, Polaris in 2005 and BRP in 2013. Each OEM will experience a different status as a result of the announce- CAPITAL MARKETS A cautious but positive BY KATE SWANSON ASSISTANT EDITOR Ç MANAGING EDITOR New Cats side-by-side and PERFORMANCE RELATIVE TO PLAN? SEE PAGE 16 È Below attendance 18. Best in snow apparel line for the FOCUS: PSB: FOCUS Adventure Bikes REVS UP BY KATE SWANSON read more from José on page HOW WOULD YOU CHARACTERIZE YOUR CALENDAR Q2 (APRIL-JUNE) BUSINESS 75 STURGIS RALLY 17, 2015 • 17 www.PowersportsBusiness.com HOTNEWS show’s third year. Established in 1958, the Viola, Wis.-based S&S Cycle has grown to become arguably the most recognizable name in V-twin aftermarket performance. The “Go-Fast” mantra that was founded chasing speed on the Bonneville Salt Flats now defines the brand DIGITAL RATES EVENTS CONTACT US DID YOU KNOW THAT POWERSPORTS BUSINESS READERS ... 76% Read 4 out of 4 issues 82% Agree that Powersports Business is the best magazine for thorough powersports industry coverage 79% Agree that Powersports Business is the industry leader for providing in-depth market analysis and reports 79% Agree that Powersports Business helps them think strategically about their organization’s future See Bad Boy, Page 8 and its products, which are aimed at maximizing the performance of V-twin motorcycles. S&S Cycle’s participation at AIMExpo will be highlighted by its sponsorship of the Freestyle class at the new AIMExpo Championship of the See Hot News, Page 3 1 8/5/15 8:49 AM Powersports Business magazine is published 14 times a year, offering marketers ample opportunities to reach and influence your audience. Each issue of Powersports Business is packed with valuable trend information, statistics and news that powersports dealers and industry professionals need including: Company news and information Performance reporting on dealers by region. Dealers can review how they are doing vs. their region/competitors, and manufacturers can use this information to access a region. 85% OUR READERS ARE ENGAGED IN THE BUSINESS OF IMPROVING THEIR BUSINESSES. POWERSPORTS BUSINESS READERS ARE ACTIVE … 82% Aftermarket trends are important to stay on top of. Powersports professionals can get the latest trends information as reported by several industry sources that provide data to PSB. Substantive, strategic solutions from industry leaders help dealerships drive profitability. Unit sales, pre-owned unit values, inventory levels, same store sales, accessories data and regulation statistics are just some of the data points that we report on each issue of Powersports Business. Make sure your message reaches the marketplace by securing a program in Powersports Business. Agree that Powersports Business is the most useful in providing commentary and industry trends and news 91% 0% 10% 20%30%40% 50%60%70%80%90%100% 77% Would choose Powersports Business if they could only receive one industry publication Discussed an article with others Source: Powersports Business Reader Survey August 2014 AGREE THAT POWERSPORTS BUSINESS IS THE BEST MAGAZINE FOR THOROUGH POWERSPORTS INDUSTRY COVERAGE www.powersportsbusiness.com • 4 ABOUT US PRINT EDITORIAL CALENDAR DIGITAL RATES EVENTS CONTACT US 2016 CLOSING DATES ISSUE COVER DATE #2 #3 #4 #5 #6 #7 #8 #9 #10 #11 #12 #13 #14 #15 Jan. 25, 2016 Feb. 15, 2016 Mar. 14, 2016 Apr. 4, 2016 May 2, 2016 May 23, 2016 Annual MDB June 13, 2016 July 11,2016 Aug. 15, 2016 Sep. 6, 2016 Oct. 3, 2016 Nov. 7, 2016 Nov. 28, 2016 #1 Dec. 26, 2016 11/30/16 12/30/16 1/20/16 2/17/16 3/9/16 4/6/16 4/27/16 5/5/16 5/18/16 6/15/16 7/20/16 8/10/16 9/7/16 10/12/16 11/2/16 MATERIALS DUE 1/4/16 1/25/16 2/22/16 3/14/16 4/11/16 5/2/16 5/12/16 5/23/16 6/20/16 7/25/16 8/15/16 9/12/16 10/17/16 11/7/16 12/5/16 MAIL DATE 1/15/16 2/5/16 3/4/16 3/25/16 4/22/16 5/13/16 5/27/16 6/3/16 7/1/16 8/5/16 8/26/16 9/23/16 10/28/16 11/18/16 12/16/16 2016 EDITORIAL CALENDAR ISSUE FOCUS 5, 2015 • 19 PSB This issue: Metric bikes Next issue: Helmet & Apparel u METRIC SPORT BIKES: FOCUS SECTION #2 / JANUARY 25: SERVICE DEPARTMENT - A look at top dealership service deptartment growth strategies, effective promotions and revenue drivers. #3 / FEBRUARY 15: NIFTY 50 AWARDS - Our 17th annual roundup of the top products, accessories and services released in 2016 as selected by the PSB editorial staff. We’ll let dealers know why they need to consider the products as potential additions to their dealerships’ offerings. #4 / MARCH 14: UTV - UTLITY - Discover winning P&A promotions, find out how to target the unique UTV-work buyer and view the latest utility UTV trends. #5 / APRIL 4: V-TWIN MOTORCYCLES - Learn which accessories are hot for V-twin bikes, the segment’s growth area, exclusive parts data and growing companies. #6 / MAY 2: ATV - Top ways to target the hunting and outdoors buyer, top-moving P&A and effective sales events. #7 / MAY 23: EXECUTIVE OF THE YEAR, INDUSTRY LEADERS - Our annual selection of the powersport industry’s top movers and shakers features five can’t-miss reads, including an extensive interview with the Executive of the Year and Q&As with the Industry Leaders. #8 / MARKET DATA BOOK: Powersports Business • October www.PowersportsBusiness.com Trending upward [ [ AD CLOSE SALES GROWTH FROM Q2 2011 TO Q2 2015 GROWS BY 8 PERCENT THE MOST AUTHORITATIVE ANNUAL REFERENCE TOOL FOR POWERSPORTS $79.95 www.powersportsbusines s.com INSPIRING SUCCESS THROUGH 2015 MARKET INTELLIGENCE ANNUAL MARKET DATA BOOK - Compiles critical powersports information from the most respected data sources in the industry. The Powersports Business Annual Market Data Book is the definitive planning guide for industry pros who are developing their business plans for the next year. BY THE NUMBERS: #9 / JUNE 13: TIRE & WHEEL - We’ll provide the latest in technology and innovations by manufacturers, dealer promotional success, as well as exclusive data. #10 / JULY 11: UTV - SPORT - This fast-growing segment gets an overview, from OEM product to P&A growth to its next growth area, along with exclusive data. #11 / AUGUST 15: ADVENTURE/TOURING MOTORCYCLES - The adventure/touring segment of the industry has maintained its hot streak over the past year, and we’ll take a look at how the top dealers capitalize on the segment. Motorcycle | Scooter | Side-by-Sid e/UTV ATV | Snowmobile| PWC | Dealers | Aftermarket FIRST TIME EVER! WORLDWIDE SIDE-BY-SID E S ALES What aftermarket parts and accessories help them grow their profits? How do they make their mark as the go-to store in their market for the adventure/touring rider? We’ll also showcase some successful dealership events for the market. #12 / SEPTEMBER 6: SNOW - We’ll reveal some of the top selling trends heading into the winter season, including showroom tips, fast-moving PG&A and demo events. #13 / OCTOBER 3: UTV ACCESSORIES - The hottest growing segment in the marketplace will take the spotlight, with a look at aftermarket products that dealers can turn to when selling UTV accessories. We’ll share stories of dealers who capitalize on accessory sales, offering tips and best practices for up-selling accessories. * BONUS DISTRIBUTION at AIMExpo Show and PSBI. #14 / NOVEMBER 7: PARTS, GARMENTS & ACCESSORIES - How do the top performing dealers generate revenue from PG&A? We’ll take a look at some of the top-moving segments and products, along with data trends that will help dealers become better- equipped to serve their PG&A customers. #15 / NOVEMBER 28: MADE IN THE U.S.A. - An inside look at the some of America’s top powersports companies that stamp their products with a “Made in the USA” seal of approval. #1 / DECEMBER 26: AUCTION/PRE-OWNED - The state of the auction industry will be presented with industry executives. If you’re not yet in the pre-owned business, we’ll examine the reasons why you should be. Plus, how dealers benefit from consigning inventory. IN EVERY ISSUE þ COVER FEATURE We launch each edition with the most current industry topics on the cover. þ HOT NEWS Want to know which executives and companies are making news? Hot News provides it all. þ FINANCIAL ROUND-UP From the stock market highs and lows to industry retail trends for units, parts and service, we provide you the information you need to know. þ FROM THE EDITOR Editor-in-chief Dave McMahon shares his thoughts on industry trends and topics of the moment. þ MOTORCYCLE From American to Japanese to European, we cover the entire segment with a variety of data points and analysis. þ PWC The PWC market is back to trending upward, and we share the stories behind the positive sales trends in the industry. þ AFTERMARKET An inside look at the businesses and products that can add to your dealership’s product offerings. þ F&I SOLUTIONS Columnist Steve Dodds has spent decades as an F&I trainer at the dealership level, and shares his ground-floor insights in each edition. þ ATV/UTV Traditional ATVs and side-by-sides get top billing in this section each month, with a look at new OEM units and aftermarket parts to consider. þ SNOWMOBILE From the latest new sleds to the important aftermarket products, snowmobiles get the spotlight in every edition, all year. þ SOLUTIONS Industry experts tackle the most current dealership topics of the day. þ HOT PRODUCTS Our showcase of the most recent product releases provides a look at their features, benefits and pricing. www.powersportsbusiness.com • 5 ABOUT US PRINT EDITORIAL CALENDAR DIGITAL RATES 2016 PRINT ADVERTISING RATES 1/4 Vertical 4 7⁄8” x 6 3⁄4” 1/8 V 3 2 ⁄8” x 1/8 Horizontal 6 3⁄4” 4 7⁄8” x 3 1⁄4” Jumbo Page 10 7⁄8” x 15” Junior Page 7 1⁄2” x 10” 1/4 Horizontal 7” x 4 7⁄8” 1/6 V 2 3⁄8” x 9” 1/2 Horizontal 10” x 6 3⁄4” Spread Jumbo Jr Page 1/2 Page 1/3 Page 1/4 Page 1/6 Page 1/8 Page 1X 4X 8X12X $12,185 $6,885 $5,815 $4,525 $3,850 $3,180 $2,530 $2,040 $11,690 $6,605 $5,590 $4,350 $3,705 $3,065 $2,435 $1,975 Cover 2 First Right-Hand Page Cover 3 Cover 4 1/3 Vertical 4 7⁄8” x 9” INFO 1/6 Horizontal 7 4 ⁄8” x 4 1⁄4” 1/2 Vertical 4 7⁄8” x 13 7⁄8” 1/3 Horizontal 10” x 4 1⁄2” Instructions for submitting artwork for PSB: Login to: http://epgmediallc.com/send-file Password: EPG 4C Live Matter 10 18⁄ ” x 14 1⁄4” $11,175 $6,330 $5,365 $4,165 $3,560 $2,950 $2,350 $1,905 $10,710 $6,050 $5,140 $3,985 $3,415 $2,840 $2,255 $1,840 8X12X $7,105 $6,790 $6,790 $7,105 $6,785 $6,550 $6,550 $6,790 Zip/Compress multiple files. 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Mailing Instructions: All materials, including advertising, insertion orders, contracts, product releases and other correspondence should be sent to: CONTACT INFO: POWERSPORTS BUSINESS 10405 6th Ave. N., Suite 210 Minneapolis, MN 55441 Ph: 763/383-4400 Fax: 763/383-4499 www.powersportsbusiness.com • 6 ABOUT US PRINT EDITORIAL CALENDAR DIGITAL RATES EVENTS CONTACT US ANNUAL MARKET DATA BOOK ANNUAL MARKET DATA BOOK compiles critical powersports information from the most respected data sources in the industry. The Powersports Business Annual Market Data Book is the definitive planning guide for industry pros 2015 who are developing their business plans for the next year. The Annual Market Data Book includes: Proprietary PSB research from our dealer surveys, including dealership revenue breakdowns, dealership employee benefits and dealership workforce BY THE Motorcycle | Scooter | Side-by-Side/UTV ATV | Snowmobile| PWC | Dealers | Aftermarket Popular wholesale vehicles and their values Average gross margin percentage on new units Average parts counter study Average repair order study Wholesale price averages by vehicle segment Dealer expense trends Used v. new sales by segment Unit Sales including U.S. market share by segment, 2015 sales, motorcycle market, PWC market, ATV market, UTV market, scooter market, snowmobile market THE MOST AUTHORITATIVE ANNUAL REFERENCE TOOL FOR POWERSPORTS $79.95 INSPIRING SUCCESS THROUGH MARKET INTELLIGENCE NUMBERS: E EVER! FIRST TIM E SIDE-BY-S ID E S ALES Seaosnal ASP Cruiser -Domestic 80% 3 4 5 6 7 NUMBER OF LOCATIONS 8 9 2013 2012 2011 10 11 12 Grand Total Seasonal ASP Sport One-location dealers represented most of those surveyed. 130% 120% 120% 6 or more locations 2% 110% 110% 100% 90% 100% 80% 90% 70% 80% 60% 50% 70% 70% 60% 50% 50% 39% 2 2010 36% 30% 1 1 location 81% 2 3 2010 4 5 6 7 8 9 2013 2012 2011 10 11 12 Grand Total 20% 10% 0% 8 Side-by-sides Traditional ATVs Snowmobiles MARKET DATA BOOK 2015 Motorcycles Marine (PWC, etc.) Source: Powersports Business Seasonal ASP MX | POWERSPORTS BUSINESS | 18 130% 9/10/15 2:02 PM 12 Seasonal ASP by Side -Side MARKET DATA BOOKATV 2015 Motorcycle | POWERSPORTS BUSINESS | INTERNATIONAL Dual Purpose 300,000 250,000 40,984 1,600,000 350,000 45,000 1,200,000 30,000 200,000 25,000 20,000 150,000 100,000 50,000 March June 15,000 10,000 5,000 1,000,000 800,000 2009 2010 2011 First Half 2012 2013 2014 March 2015 Scooter ATVs 600,000 0 0 Total ORVs 1,400,000 40,000 35,000 15,098 14,045 15,876 17,266 16,517 20,003 11 Grand Total 2009 June 2010 2011 First Half 2012 2013 2014 2015 400,000 200,000 ATV SXS 25,000 300,000 20,000 15,000 250,000 200,000 150,000 10,000 5,000 100,000 50,000 0 244,366 10 166,424 125,414 103,730 109,567 106,686 109,155 9 3,178 3,005 2,780 2,816 2,922 3,585 4,201 8 2013 3,129 3,134 4,150 4,324 3,463 3,668 3,702 7 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015E 2016E Source: PII company reports and Wells Fargo Securities, LLC estimates Note: 2015E/2016E are Wells Fargo Securities, LLC estimates Note: 2000-2014 are Polaris estimates of the respective markets as published in the company’s 10-Ks. Comments and Yr/Yr change may be inconsistent due to changes in classification. WORLDWIDE SIDE-BY-SIDE MARKET SHARE 36,913 27,847 20,209 17,669 17,760 18,720 19,568 6 2012 297,491 254,382 258,762 266,061 255,817 263,833 277,336 5 UNIT SALES Side-by-side market share leader Polaris gained share again in 2014 and is projected to continue to do so through 2016. 0 0 March 2009 June 2010 2011 2012 March First Half 2013 2014 2009 2015 Off-Highway June 2010 2011 First Half 2012 2013 2014 100% 2015 60,000 50,000 40,000 2% 16% 90% 80% On-Highway 12% 70% 250,000 200,000 13% 4% 12% 9% 6% 8% 8% 9% 10% 6% 4% 4% 4% 4% 11% 12% 12% 14% 14% 14% 14% 12% 11% 10% 11% 10% 9% 8% 40% 42% 43% 44% 45% 46% 14% 13% 10% 9% 5% 4% 3% 7% 3% 6% 3% 6% 7% 8% 9% 9% 2012 2013 2014 Can-Am Yamaha 60% J.Deere 150,000 40% 100,000 30% Kubota ! 50% 30% 36% 17% 16% Polaris Kawasaki 30,000 20,000 10,000 50,000 Arctic Cat 10% March 2009 June 2010 2011 2012 March First Half 2013 2014 2015 2009 June 2010 2011 2012 0% First Half 2013 2014 2015 Source: Motorcycle Industry Council MARKET DATA BOOK 2015 | POWERSPORTS BUSINESS | 1% 9% 2% 6% 4% 2009 2010 2011 11% 0 0 46 Honda 20% Note: 2014 global SxS retail sales ~413,000 vs. ~385,000 units in 2013 56 MARKET DATA BOOK 2015 2015E 2016E Source: PII, ACAT and DOO company reports, Wells Fargo Securities, LLC estimates | POWERSPORTS BUSINESS | 120% 120% p8x17-PSB15MDB-Dealers.indd 8 4 2011 212,129 181,542 187,565 193,287 183,332 186,394 199,873 1 60% 40% 60% 50% 3 49,512 30,901 28,601 23,044 24,489 21,436 21,039 80% 70% 50% 2-3 locations 13% 79% 90% 80% 60% 15-20% 27% 4-5 locations 4% 86% 80% 90% 70% Dealers surveyed carry a variety of powersports vehicles. 90% 100% 2 2010 43,166 36,325 38,865 37,368 38,076 37,520 42,318 10-15% 33% 20-25% 26% See Dealers on Page 10 PRODUCT SEGMENTS OFFERED 110% 100% 2014 RESULTS Revenue grew for 64 percent of dealers in 2014 when compared to 2013, with nearly one-quarter of dealers saying revenue was up 10 percent or more. Another 18 percent of dealers saw no revenue change from 2013 to ’14, and 18 percent reported a revenue decrease. Sales of new units were up for 61 percent of dealers polled, with 27 percent reporting growth of 10 percent or more. New unit sales were unchanged for 13 percent of 130% 120% 110% 1 price) for side-by-side WHOLESALE POWERSPORTS SEASONAL VOLUME units remained stable, suggesting the drop in 14% Seasonal ASP AWP was mostly due 12% ATV -Sport/Utility to a lower price-point 120% mix versus softening 10% 110% market demand. In 8% 100% general, the mix of product sold overall90% 6% remains older than80% 4% months past with70% some slight improve2% 60% ment in average vehi50% 0% cle condition. 1 2 3 4 5 6 7 8 9 10 11 12 When compared Grand Total 2013 2010 2012 2011 to NADA Clean Wholesale values, 2011 2012 2013 2014 2015 5 Yr Avg wholesale pricing Source: trends are more conSeasonal ASP ATV -Side by Side sistent, thanks in part to book values more closely resembling fell, while off-road volumes rose in com120% auction results as well as the fact that price parison. Wholesale volumes sold were 110% to book values are less sensitive to product roughly flat with the prior month and 100% mix. Unlike most other categories, metric were roughly the same as July last year. In 90% 2010 cruisers are averaging a lower price to contrast to the spring season, dealers are 80% 2011 book ratio than prior years, as are MX now willing to unload inventory they had 70% bikes. This is likely a2012 function of the older previously held. 60% mix of metric cruisers being in lower conBidder participation was solid in July, 2013 50% dition than clean book suggests, and book both live and online. The ratio purchased 1 2 3 4 5 6 7 8 10 11 12 values of MX bikes Grand risingTotal slightly faster online via9 Simulcast and eSale platforms Grand Total 2013 2010 2012 2011 than market values. remained steady over the prior year. There mix of volume among product appears to be fewer lookers and more 10 The 11 12 categories shifted in July. The percentage active bidders than last year. Vehicle model Grand Total of domestic cruisers sold (which remains age remained steady in May at an average the most common product category) of more than six years old. The average condition of units sold improved slightly Seasonal ASP from prior months and last year. VEHICLE VIEWS (ESALE, LIVE PREVIEW, ETC) BY CATEGORY PWC Seasonal ASP Inventory views in July remained ATV -Sport/Utility 80,000 roughly the same as the prior month, suggesting a leveling of demand compared to 120% 70,000 recent months. 110% 60,000 MSRP of units varied in July, remain100% ing flat for domestic cruisers, declining 50,000 for metric cruisers and increasing slightly 90% for off-road products. Slight rises in MSRP 40,000 80% are normal over time as original vehicle 30,000 prices increase over time. The decline in 70% 1 2 3 4 5 6 7 8 9 10 11 12 metric cruiser MSRP is consistent with 20,000 60% Grand Total 2013 2010 2012 2011 the average age of units sold growing from 50% 10,000 roughly seven years last year to more than 1 2 3 4 5 6 7 8 9 10 11 12 Domestic Metric Off-Road eight years in 2015. Interestingly, although 0 side-by-side MSRPs are growing on aver2010 1 2 3 4 2011 2012 5 6 7 8 9 1011 121 2 3 4 5 6 7 82013 9 1011 121 2 3 4Grand 5 6 7 8 Total 9 101112 1 2 3 4 5 6 7 8 9 1011121 2 3 4 5 6 7 age, July showed a notable drop in side-by2011 2012 2013 2014 2015 side MSRP as compared to prior months, Sale Year/Month reflecting a reduced supply of higher-end units that month. PSB Source: INDUSTRY CLOSE UP WORLDWIDE OFF-ROAD VEHICLE UNIT SALES 42,042 39,107 41,893 43,292 32,914 33,467 35,436 25-30% 11% Seaosnal ASP Cruiser -Domestic 120% 12 DEALERS INTERNATIONAL Side-by-side sales have increased each year since 2010, while total ORV sales have been up since 2011. For more detail, contact PSB managing editor Liz Keener at [email protected]. 16,079 14,122 18,198 19,208 17,691 17,664 15,701 30%-plus 3% 11 Grand Total UNIT SALES 54,185 Most dealers were bringing in 10-25 percent gross margin through the first six months of 2015. 10 INDUSTRY CLOSE UP 2015 UNIT SALES BY MONTH December 2015 FIRST HALF GROSS PROFIT MARGIN 9 2013 July 60% 50% 8 October 70% 7 November 90% 80% $3-$5 million 14% 6 2012 May $5-$10 million 17% 5 September $1-$3 million 28% 4 2011 April 100% The year 2014 was a positive one for many dealers, with overall revenue, new unit sales, pre-owned sales and service department revenue growing over 2013. Dealers are also positive 2015 is heading in an upward direction, as they expect sales to show growth year-over-year. Powersports Business surveyed 111 dealers from 36 U.S. states and Canada about their 2014 performance, expectations for the full 2015 calendar year and staffing practices. The survey drew responses from a wide variety of dealers. More than three-quarters of those polled carry side-bysides, traditional ATVs or motorcycles. More than one-third sell snowmobiles or PWC. Several different revenue categories were also represented, with respondents coming from dealerships that bring in less than $1 million annually all the way up to those who have an annual revenue over $10 million. Most dealers surveyed — 81 percent — have only one location. Another 13 percent run two to three locations, while 4 percent have four or five locations, and 2 percent have six or more stores. 3 Jim Woodruff, COO of National Powersport Auctions (NPA), analyzed the average price and volume trends for common Seasonal ASP powersports product categories. Data was Sport drawn from about 200,000 NPA non-factory sale transactions from 2011-15YTD, an approximately four-plus-year period. The following is his commentary on the data: Average wholesale pricing (AWP) continued its summer softness in July. Street categories declined approximately 5-9 percent from the prior three-month average and2 were mixed as compared to 2014. 1 3 4 5 6 7 8 9 10 11 12 Domestic cruiser pricing Grand declined Total 2013 2010 2012 2011 7 percent from the prior three-month average, but is generally following the seasonal trends. Metric cruiser pricing declined 9 percent from the prior three-month averSeasonal ASP Seaosnal ASP MX last year, while age and 15 percent from Cruiser -Metric continuing to fall well below the typical 120% seasonal variation. This is largely due to a shift to metric cruiser inventory averag110% ing more than a year older than last year, 100% which is unique to that category. 90%Off-road products remained fairly stable over the prior three-month average 80% and up over 2013 values, with the excep70% tion of side-by-side vehicles. Off-road has 1 2 3 4 5 6 7 8 9 10 11 12 60% performed well most of this year, with Total 2010 2012 2011 increasing demand and 2013 limited Grand supply for 50% pre-owned 1 2vehicles. 3 4 Side-by-Side 5 6 7 pricing 8 9 can vary month to month, however, due 2010 2011 to product mix. Indeed, the2012 price to 2013 book ratio (as compared to average wholesale June 110% Grand Total Monthly Volume Contribution 120% BY LIZ KEENER MANAGING EDITOR 2 2010 Less than $1 million 17% 2013 January More than $10 million 24% 2012 70% 50% 1 Dealerships with a variety of different revenues were represented in the dealer survey. 2011 80% Wholesale pricing consistent with book values 60% 50% DEALERS 2010 90% 44,673 37,123 36,300 38,277 39,742 40,984 100% 60,495 49,366 50,783 49,507 51,290 52,761 56,508 60% INTERNATIONAL 110% 56,784 54,196 60,168 60,393 46,905 47,263 49,977 UNIT SALES 70% Overall revenue, service sales were also up in 2014 10 3/4” 11” 10 3/4” 11” 4 7/8” 7 3/8” 3 1/8” 9 3/8” 3 1/8” 4 7/8” 2 1/4” 6 1/4” *All type and other copy should fall within dimension specified, but must remain a minimum of 3/8” clear of outside-edge, top and bottom trim lines. 3,934 3,775 3,996 3,850 4,266 4,474 3,698 INDUSTRY CLOSE UP 80% REVENUE BREAKDOWN 5/5/16 5/12/16 10,217 6,261 5,146 5,473 6,026 7,182 6,291 100% 90% Dealers increase new, pre-owned unit sales 15 3/4” 16” 7 7/8” 8 1/8” 7” 4 3/4” 7” 2 1/4” 4 1/2” 3 3/8” 4 1/2” 2 1/4” 120% DEALERS 110% August INTERNATIONAL March UNIT SALES February INDUSTRY CLOSE UP HEIGHT Spread Trim Spread With Bleed Full Page Trim Full Page Bleed 1/2 Page (horizontal) 1/2 Page (vertical) 1/3 Page (horizontal) 1/3 Page (vertical) 1/4 Page (horizontal) 1/4 Page (vertical) 1/6 Page (horizontal) 1/6 Page (vertical) DATES Ad Close Materials Due WIDTH Seaosnal ASP Cruiser -Metric 120% DEALERS $5,765 $3,600 $2,470 $2,015 $1,705 $1,315 2,583 2,240 4,056 4,617 2,743 2,425 2,416 WORLDWID Spread Full Page 1/2 Page 1/3 Page 1/4 Page 1/6 Page 9,030 9,715 10,069 8,160 8,055 7,703 8,423 www.powers p o r ts b u s i n e s s . c o m AD SIZES RATES 110% 110% p18x45-PSB15MDB-IndustryCU.indd 18 9/10/15 2:28 PM 100% 100% p46x61-PSB15MDB-UnitSales.indd 46 9/10/15 2:50 PM p46x61-PSB15MDB-UnitSales.indd 56 9/10/15 2:51 PM 90% 90% 80% 80% 70% 70% 60% 60% 50% 50% 1 2 3 2010 4 5 6 7 8 9 2013 2012 2011 10 11 12 Grand Total 120% 110% 100% 90% 80% 70% 60% 50% 2 2010 3 4 2011 5 6 2012 7 8 2013 9 2 2010 3 4 2011 5 6 2012 7 8 2013 9 10 11 12 Grand Total www.powersportsbusiness.com • 7 Seasonal ASP PWC 130% 1 1 10 11 12 Grand Total ABOUT US PRINT EDITORIAL CALENDAR RATES DIGITAL EVENTS CONTACT US CUSTOM MEDIA Depending on your marketing objectives, custom media can be a perfect fit. Powersports Business offers a wide variety of options to meet your needs. Contact us, and we’ll set up a brainstorming session with our editorial team to discuss your marketing goals and pricing. THOUGHT LEADERSHIP ® E-WHITE PAPER Establish your company as a thought leader and advocate education in the topic area of your choice. Our editorial team will work directly with you to create a meaningful succinct e-White Paper that your company will be proud to have sponsored for years to come. CASE STUDY LIFT YOUR DEALERSHIP TO NEW HEIGHTS WITH F&I AND People want to know what’s working for others. Tell how your company helps your clients be more successful. We’ll take the lead for you and tell your story; contact us today to get started! SALES TRAINING Brought to you by 08715S-PSB-RPM Case Study C.indd 1 KEY BENEFITS: Drive interest in your company Reach the powerful audience of PSB through online, e-news and in-print exposure Distribute the e-White Paper to your audience as you wish Fisher Investments: Providing 401(k) Solutions to Take Your Dealership to the Next Level ® 401(k) S OLUTIONS CLOSE-UP Get your company or initiative in front of powersports professionals through a close-up look by Powersports Business. This is your chance to get valuable company messaging in the hands of key decision makers. Close-ups offer immediate impact on what professionals in the powersports industry know about your company. Powersports Business Close-Up 8/25/15 4:50 PM KEY BENEFITS: Align your brand with unbiased valuable content 401(k) S OLUTIONS KEY BENEFITS: Explain a business opportunity or a more complex Tell your story solution for the powersports industry Professional business writers will effectively communicate your Work directly with Powersports Business editors company offerings & benefits High-level creative design & production will make sure your finished piece will be an excellent representation of your sales message www.powersportsbusiness.com • 8 ABOUT US PRINT EDITORIAL CALENDAR DIGITAL RATES ONLINE EVENTS CONTACT US LEADERBOARD The “Hub” of the powersports industry, www.powersportsbusiness.com, publishes late-breaking news and information critical to industry professionals. Viewers will find the latest company news and information, links to webinars, exclusive web content, new products, tutorials and video clips; all in an easy to navigate location. ONLINE RATES Ad Unit Leaderboard Wide Leaderboard Super Leaderboard Medium Rectangle Skyscraper Banner Full Button Wallpaper Roadblock Ad Size File Size 728 x 90 pixels 60k 780 x 90 pixels 70k 970 x 90 pixels 70k 300 x 250 pixels 60k 160 x 600 pixels 40k 468 x 60 pixels 40k 160 x 160 pixels 40k Call for specs Call for specs SKYSCRAPER Net Cost/Month $1,250 $1,390 $1,650 $1,250 $1,030 $850 $720 $1,550 $1,390 WALLPAPER MEDIUM RECTANGLE Maximum 3 rotations, 12 seconds per rotation. JPG, GIF or Flash accepted. ONLINE PRODUCT SHOWCASE Prominently feature your products and services on powersportsbusiness.com’s home page. Your product showcase will include a photo, text and URL link. PRODUCT SHOWCASE PRICING One month $300 net/month Three months $250 net/month Six months $200 net/month Twelve months$150 net/month MATERIALS NEEDED: Electronic image of product (specs 158 x 110 pixels) 20 character product name with 30 character product description URL link www.powersportsbusiness.com • 9 ABOUT US PRINT EDITORIAL CALENDAR DIGITAL RATES EVENTS CONTACT US E-NEWS Reach more than 10,000 email subscribers by advertising in one of the most cost-effective mediums available, our e-newsletter. Delivered Tuesday, Wednesday and Thursday, Powersports Business E-news is chosen as the #1 industry e-newsletter! E-BLAST E-NEWS RATES Ad Unit Leaderboard Size File Size 728 x 90 pixels 60k Net Cost /Month $1,400 Embedded Text Ad Maximum 3 lines, approximately 60 words $1,400 TOP 10 E-NEWS RATES Ad Unit Leaderboard Size File Size 728 x 90 pixels 60k Net Cost /Month $500 Embedded Text Ad Maximum 3 lines, approximately 60 words $500 DIGITAL EDITION NOTIFICATION RATES Ad Unit Ad artwork: Maximum 3 rotations, up to 12 seconds per rotation. JPG or GIF accepted. 87% Leaderboard Embedded Text Ad Size File Size 728 x 90 pixels 60k Net Cost /Month Maximum 3 lines, approximately 60 words $650 $650 READ 3 OUT OF 4 E-NEWSLETTERS FROM POWERSPORTS BUSINESS THAT THEY RECEIVE! Want your message to reach Powersports Business’ valuable email database? As a print advertiser with Powersports Business, you have the opportunity to reach our exclusive audience of third-party opt-in email subscribers directly with your sales message. TO FIND OUT MORE ABOUT THIS OPPORTUNITY, PLEASE CONTACT YOUR SALES REPRESENTATIVE FOR PRICING www.powersportsbusiness.com • 10 ABOUT US PRINT EDITORIAL CALENDAR DIGITAL RATES DIGITAL EDITIONS Leaderboard Ad CONTACT US DIGITAL EDITIONS 2016 PUBLISHING SCHEDULE #2 Jan. 25 edition publishes Jan. 15 #3 Feb. 15 edition publishes Feb. 5 Click below to read the full content of the Aug. 12 edition of PSB, including: offer unique ways to reach the powersports industry right at their desks! Don’t let this low-cost, highly-effective opportunity pass you by! We take a deep dive into the Snowmobile segment, taking a cool respite from summer by unveiling the Top 20 OEM parts sales for the year-ended 2013. We’ll also tell you which snowmobile helmets, jackets and plows have been Click here the most searched over the past year. The mannequin escapades at a dealership land valuable (free) air time on a local radio morning show. The results of the Q2 2013 Powersports Business/RBC Capital Markets Dealer Survey are in, and we’ll provide a look at dealer responses. What’s in store for dealers at the Harley-Davidson 110th in Milwaukee and the xx Sturgis Motorcycle Rally? We tell all. Columnist Sam Dantzler considers the topic of adding new blood to your dealership. COVER WRAP ROADBLOCK ADS SLIDE SHOW Place a half or full page cover wrap over the front cover — your message will be the first seen as our readers land on the magazine, complete with link capabilities. Half Page Price: $950 Full Page Wrap with back cover: $1,250 per monthly placement Gain immediate exposure with a hot linked roadblock ad that opens before the magazine loads. Your ad will be the first thing thousands of readers will see. One position available per issue. Size: 400 x 325 Price: $450 monthly placement Add visual appeal to your ad by placing a custom photo slide show of your products or event directly onto your advertisement. 10-12 images, placement in your ad. Size: 500 x 700 Price: $750 VIDEO/AUDIO CALL BACK CARD Adding video lets you illustrate exactly what you offer! Greet readers with a demonstration of your product or service that shows its true benefit. Recommended length: Up to 5 minutes with placement anywhere in the issue. Size: 400 x 400 Price: $750 The custom call back card invites the reader to reach out to you in real time. The form can be customized to your needs and placed within your ad. Leads sent to you in real time with full reports available. Placement over your ad. Price: $300 with unlimited responses #4 March 14 edition publishes March 4 #5 April 4 edition publishes March 25 #6 May 2 edition publishes April 22 And more! Your text ad here. Your text ad here. Your text ad here. Your text ad here. Your text ad here. Your text ad here. Your text ad here. Leaderboard Ad ADVERTISING OPTIONS Bring special attention to your ad by adding a cover curl to the cover of the magazine, which links directly to your ad. Breeze past your competitors and have your message on the front cover. Price: $350 1 spot The digital edition of the Aug. 12, 2013 issue of Powersports Business has arrived UNLEASH THE POWER OF DIGITAL. Powersports Business’ Digital Edition notification and Issue COVER CURL EVENTS 1 spot LEADERBOARD AD #7 May 23 edition publishes May 13 #9 June 13 edition publishes June 3 #10 July 11 edition publishes July 1 Send your message to 10,000+ Powersports Business email subscribers. Top Leaderboard for issue $650 per edition; Bottom Leaderboard $550 per edition. #11 Aug. 15 edition publishes Aug. 5 TEXT AD #14 Nov. 7 edition publishes Oct. 28 Promote the message of your choice with a text ad within the Digital Issue notification which will reach more than 10,000 email subscribers. $325 per edition. #12 Sept. 6 edition publishes Aug. 26 #13 Oct. 3 edition publishes Sept. 23 #15 Nov. 28 edition publishes Nov. 18 #1 Dec. 26 edition publishes Dec. 16 Ad materials are due 15 days prior to posting date. www.powersportsbusiness.com • 11 ABOUT US PRINT EDITORIAL CALENDAR RATES DIGITAL EVENTS CONTACT US WEBINAR Build your company’s brand recognition and respect by sponsoring a webinar by Powersports Business. Powersports Business has effectively hosted FREE webinars for the industry since 2010! Our webinars deliver 150+ attendees on average and deliver results for our sponsors. Here’s a sampling of some of the topics we can cover: REACH decision makers, ENGAGE your audience with expert content and INFLUENCE powersports industry professionals by partnering with Powersports Business magazine and be identified as a thought leader in your field with 2016 Powersports Business WEBINAR PARTNERSHIP OPPORTUNITIES. F &I Compliance Pre-Owned Sales Event Sales P&A Profitability Social Media Staffing for Max Profits Hiring Best Practices AS A WEBINAR SPONSOR, YOU WILL: Speak directly to your potential customers Generate qualified leads Share your company’s expertise, vision a nd solutions Participate with content in front of your key prospects and clients Raise your profile Capitalize on the Powersports Business brand Don’t see your topic? Let us know … PRICING Sponsor three or more webinars within 12-month period.....................................$6,000 per webinar Single webinar sponsorship...................................................................................................$8,500 www.powersportsbusiness.com • 12 ABOUT US PRINT EDITORIAL CALENDAR DIGITAL RATES EVENTS CONTACT US POWERSPORTS BUSINESS INSTITUTE @ AIMEXPO Develop relationships with industry leaders and proactive powersports dealers by sponsoring the industry’s leading dealer educational event held at AIMExpo in Orlando each fall, Powersports Business Institute @ AIMExpo. “Powersports Business has a history of providing outstanding in-person dealer training events, and this year in Orlando will be no exception ...” PARTNERSHIP OPPORTUNITIES EDUCATIONAL TRACK SPONSORSHIP PACKAGE Ideal for companies that want to demonstrate their dedication to the improvement and education of dealers. PREMIER SPONSORSHIP PACKAGE Ideal for companies looking to gain maximum exposure before, during and after the event through an integrated marketing campaign, onsite benefits and post-event coverage. PACKET INSERT Put your company literature into the hands of Powersports Business Institute attendees. SPECIAL OPPORTUNITIES Offer unique opportunities to gain exposure for your company. NETWORKING RECEPTION Gain valuable industry contacts at the poolside Powersports Business Institute @ AIMExpo Kickoff Networking Reception in Orlando. Contact your sales representative for more information and sponsorship rates. QUICK FACTS: Education developed for dealers October 2016 Held during AIMExpo on Orlando, FL Industry experts and panels Managed by editorial staff of Powersports Business magazine 5 distinct tracks www.powersportsbusiness.com • 13 ABOUT US PRINT EDITORIAL CALENDAR RATES DIGITAL EVENTS CONTACT US POWERSPORTS BUSINESS POWER 50 DEALER AWARDS PROGRAM Developed by the editors of Powersports Business magazine, the Power 50 is an awards program recognizing the top 50 powersports dealers on multitude of business criteria: Business Operations Customer Service Professionalism Inventory Management Marketing Service Department Efficiency AND MUCH MORE! Built upon the Powersports Business mission of “Inspiring Success Through An opportunity to align your company with the top powersports dealerships Market Intelligence”, our editorial staff will select 50 dealerships for the list, and in North America! will rank the top group of 5 dealerships, recognizing them for their elite status in Sponsoring the Power 50 program enables you to show your true support the industry. The top ranked dealer will be recognized as the “No. 1 Powersports of powersports dealers, congratulating them on being the successful busi- Dealer in North America.” nesses that keep this industry forging ahead. Powersports Business will also select several Best in Class award winners. Those Your Sponsorship package includes multi-dimensional exposure to the en- Best in Class awards include Customer Service, Events and Service Department. tire powersports industry in print, online, e-news and in person at the awards Information will be gathered through an online application, and the final list of presentation! Power 50 dealers will be celebrated at an industry dinner at the American Inter- The lifetime of the program will span year round, with pre, during and post national Motorcycle Expo in Orlando, FL. The gala will be held in concert with the event coverage all designed help you build relationships, brand recognition and Powersports Business Institute @ AIMExpo, PSB’s dealer education seminars. meaning with the powersports dealers. www.powersportsbusiness.com • 14 ABOUT US PRINT EDITORIAL CALENDAR RATES DIGITAL EVENTS CONTACT US INSPIRING SUCCESS THROUGH MARKET INTELLIGENCE BUILD YOUR BRAND, INFLUENCE BUYING DECISIONS AND INCREASE SALES AMONG THE MOST POWERFUL POWERSPORTS PROFESSIONALS IN THE MARKET. May 25, 2015 • Volume 18, Number 7 • $3.99 SEE PAGE 12 EDITORIAL TEAM OPERATIONS INSPIRING SUCCESS THROUGH MARKET INTELLIGENCE www.powersportsbusiness.com PSB: FOCUS Industry Leaders ADVERTISING SALES Mohr develops new culture at Küryakyn Allison Gruhn 763-383-4467 HOLGER MOHR President, Küryakyn Team focuses on shared vision, mission and goals Dave McMahon 763-383-4411 David Voll 763-383-4421 BY LIZ KEENER MANAGING EDITOR UTV takeover Yamaha’s Wolverine R-Spec manuevers through the trails at the Brimstone ATV park in Huntsville, Tenn. SEE PAGE 24 Customer care Ducati surpasses competitors to rank first in the 2015 Pied Piper PSI study. SEE PAGE 29 Birthday bash Wildcat H-D celebrates sixth year with one of Kentucky’s largest fireworks displays. SEE PAGE 38 NEWS: Moose Racing’s apparel at EnduroCross . . . PAGE 3 FINANCE: Polaris and Harley share Q1 results . . . . . . PAGE 10 ATV/UTV: AMSOIL unveils new lubricants . . . . . . . . . PAGE 28 CYCLE: Guest column by Tim Woodsome . . . . . . . PAGE 30 When discussing the success Küryakyn has had over the past year and a half, company president Holger Mohr has a hard time talking about the impact he’s had on that success. Instead, he defers to praising his team, which includes everyone working under the roof of Küryakyn’s Somerset, Wis., headquarters. “People are our most important resource,” he told Powersports Business from his office in Somerset. “You can have any process planned, but if you don’t have the right people to execute it, it doesn’t get you anywhere. Having the right team in place and now adding the right processes and procedures, that’s where the magic comes.” Anyone who has managed a team knows Mohr is correct. The right people are essential for driving change, developing new ideas and products and delivering on the processes and procedures passed down by management. Mohr has put much of his efforts in 2014 and 2015 into building that ideal team and refining the culture at Küryakyn, which are two of the many reasons Powersports Business chose Mohr as the 2015 Executive of the Year. Mohr’s leadership in 2014-15 also helped the company to launch the new Crusher and Bahn brands, expand its branding expertise, increase and improve product development and prepare the company for the next 25 years, all while producing profitable growth. THE KÜRYAKYN TEAM Since Mohr joined Küryakyn as president in January 2014, new hires have been in abundance. Notable new employees include: vice president of product development Pete Amenda, who was most recently VP of marketing for S&S Cycle; director of international sourcing and supply chain Kevin Miller, a former source development manager at Safco Products; director of sales — International Business John Kear, previously responsible for INDUSTRY LEADERS PAGE 12 National Sales Director [email protected] Editor-in-Chief [email protected] Group Publisher [email protected] EXECUTIVE OF THE YEAR dealer commercial and network development with Honda Motorcycles Europe; and events manager MJ Berst, who has worked for Polaris and Harley-Davidson in the past. But those were by far not the only hires. As part of its 25th anniversary NXT 25 initiative that started in 2014, Küryakyn filled new positions across the company. NXT 25’s goal is to set Küryakyn up for its next 25 years in business. As Mohr developed his new management team, that team also began making hires BRIAN KLOCK TIM McKERCHER President Klock Werks Kustom Cycles President LOOK Marketing as well. Miller hired a new quality manager, and Amenda brought on an engineering lead and a design lead, among others. And the hiring continues. Küryakyn is still looking to fill designer, engineer, product manager and sales positions, and in early May, Küryakyn announced Steve Veltri will serve as the company’s new VP of brand management. Küryakyn has also increased the scope of the work completed by contract designers. See Mohr, Page 4 LARRY LITTLE & MIKE WEBSTER Victory will launch an electric motorcycle in the second half of 2015 with a range of 70 miles city/120 miles road range, according to a research note provided to Powersports Business by Wells Fargo Securities analyst Tim Conder following a Polaris meeting with analysts in Iowa in April. Pricing on the electric Victory is TBA. In addition, Conder reports that the majority “of paint systems issues [have been] addressed, with volume slowly ramping. Indian Scout began meaning- Liz Keener 763-383-4413 Dodi Vessels 763-383-4446 Vice President/General Manager & President Marketplace Events Motorcycle Group HOTNEWS Electric Victory set for 2015 launch: Analyst Mark Rosacker 763-383-4433 ful shipments in March, should catch up by late Q315. Indian Dark Horse selling very well. 360 global retailing dealers by YE2015. Victory brand repositioning as ‘American Muscle’ with 690 global retailing dealers YE2015.” Demand for Slingshot is 50 perSee Hot News, Page 3 Powersports Business is published by EPG Media, LLC, the leading source of information in the powersports and marine industries, with titles such as Boating Industry, Rider, Thunder Press, and Snow Goer, in addition to a number of events, websites and electronic media options. National Account Manager [email protected] Kathy Johnson 480-988-3658 National Account Manager [email protected] Michael Kula 949-466-7833 National Account Manager [email protected] Managing Editor [email protected] Kate Swanson 763-383-4412 Assistant Editor [email protected] Shauna Spencer 763-383-4410 Digital Marketing Coordinator [email protected] Managing Art Director [email protected] Andrea Schneider 763-383-4451 Associate Art Director [email protected] Kelsey Houle 763-383-4450 Production Artist [email protected] www.powersportsbusiness.com • 15