Powersports

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Powersports

Stay competitive and find success in the ever-changing powersports market with the help of our custom-tailored solutions.

Industry Challenges

The powersports industry is changing. 

  • Consumers Are Less Motivated to Make Purchases

    Ongoing inflation and rising interest rates are slowing consumer demand and driving down prices and dealership profits.  

  • The Cost of Keeping Inventory is More Expensive

    Inventory is sitting on dealership lots longer, increasing costs and competition, as well as lowering the overall profit margin on each individual sale. 

  • Online Competition Continues to Increase 

    More consumers are turning online for their powersports purchases and many dealers are lagging behind the digital age, even as sales continue to slow in-store.  

  • The Seasonality of Powersports Can Lead to Uneven Sales

    Seasonality forces many dealers to carry multiple options, increasing competition for floorspace and pressure to sell at a lower price in order to move products.