Here’s a meaningful and timely session that will review strategic ways to make more money on your inventory, increase the turn rate for the sale of your merchandise, determine inventory needs for the year and decide how much cash to set aside for the purchase of new inventory. Attend this eye-opener session presented by Tom Shay to increase your bottom line.
SHOW DAYS: TUESDAY, NOVEMBER 4–FRIDAY, NOVEMBER 7
NEW THIS YEAR!
First Aid Additional Location
Three new locations for first aid have been added to the Show in order to expedite service. The location areas are:
Wheels, suspension and exhaust systems are among the top specialty-equipment products sold in Argentina, according to a brief report recently issued by the U.S. Embassy in Argentina.
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All SEMA Show exhibitors and member companies are invited to be included in the 2008–2009 SEMA International Buyers Guide (IBG), an exclusive and comprehensive directory of companies involved in overseas sales.
As unemployment increases, the stock market stumbles and the American economy faces difficult times, SEMA members have the opportunity to appreciate the relatively stable specialty–equipment market. According to SEMA market research from the past 20 years, despite recessions in the economy, the industry has reported consistent positive growth with the only exception being 1991.
Knowing where SEMA members are selling their products is just as important as understanding what products are sold. Several distribution channels exist in the specialty-equipment market today, ranging from discount automotive chains to direct sales. The table below shows that in 2008, SEMA members said that they are selling an average of 33% of their products directly to consumers.
Small-car sales will slowly increase to 2,424,500 units by the end of the year, 2,487,300 units in 2009, according to data from AutoPacifc. Overall annual growth is expected to average 2.3% through 2009, helped by new subcompacts entering the market next year.
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SEMA eNews highlights the websites of SEMA-member companies through the Hot Links to Cool Sites section each week. SEMA members: To be included in Hot Links to Cool Sites, e-mail your company name and website to eNews@sema.org. Note: make sure to include “Hot Links” in the subject line of the e-mail.