Godfrey Bros. owner Kevin Godfrey takes the changes manufacturers throw his way in stride. Market changes can have a big impact on equipment sales, but Godfrey says you have to adapt and find creative ways to keep business moving forward. The dealership adapts to the changes and keeps the focus on customer service and doing its best to keep its market share up.
In addition to those metrics identified in previous articles, this column will address additional metrics that should be on the radar screen for any dealer/sales manager interested in getting the most out of their sales department.
Titan Machinery followed through on its April 10 announcement that it would close and/or consolidate 8 of its stores and reduce its overall headcount to improve the performance of its construction equipment operations and counteract the slowdown in ag machinery sales. This allowed the company to report that it increased its overall revenues by 5.4% during the first quarter of fiscal year 2015.
According to Agri Marketing magazine, AGCO Alistair McLelland has been named vice president, marketing, North America reporting to Bob Crain, senior vice president & general manager, North America.
In this role, Burgeson will be responsible for developing, implementing and executing the company's North American sales growth strategies. Burgeson will be based in Bloomington, Ill.
We are pleased to announce that Mr. Tony Marchese has been hired as the new Vice President of Sales and Marketing for Bush Hog Inc. Selma, AL, effective May 5, 2014. Bush Hog is part of the Ag Division of the Alamo Group (ALG), Seguin, TX.
Last week, Deere & Co. reported its second-quarter net sales and revenues were down by 9% to $9.9 billion and net sales and revenue, and net income fell to $981. Overall, worldwide equipment sales fell by 10% to $9.2 billion.
Fueled in part by its growing North American sales, the Kuhn Group reported that, while its net sales in 2013 grew by 5% vs. the previous year, its profits rose by nearly 25% and profit margins increased by 2.5%.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at President Trump's tariff reduction on ag equipment, the latest dealer sales forecasts, and how high input costs are keeping farmer sentiment down.
Since 1980, A&I Products has become a leading manufacturer and wholesale distributor of aftermarket replacement parts for the agricultural, turf, and industrial equipment markets. A&I Products' experience and expertise has greatly contributed to the company's reputation as a top supplier of quality, reasonably priced parts. Founded with roots as a small machine shop and repair facility, the company made the transition by manufacturing new parts to replace those that were identified as commonly needing repair. Throughout the 1980s, the company quickly garnered a reputation for offering quality parts at a reasonable price.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.