Articles by Kim Schmidt

How to Determine Used Equipment Values

Dealers should be consulting multiple sources and data fields in order to accurately assign values to used equipment.
It’s no secret that there’s too much used equipment on North American farm equipment dealers’ lots these days. While dealers are making strides in reducing their equipment inventory build up, correctly valuing used equipment is key to properly managing inventories now and in the future.
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Dawson tire $ wheel logo

How to Value Tires on Trade-Ins [Webinar]

Assigning the right value to used equipment is key to moving it off your lot, but how closely are you paying attention to the tires on the trades you take in? The condition and value of the tires on a piece of used machinery could have a big impact on whether or not you get it sold. In this webinar, Casey Seymour, used equipment/remarketing manager for PrairieLand Partners, and Terry Morris, Great Lakes sales manager and senior salesman for Dawson Tire and Wheel, discuss the importance of knowing the value of the tires on your used equipment and to take tire condition into account when pricing used units.

[To view any of our webinar replays, you must be logged in with a free user account.]


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Kim Schmidt
From the Desk of Kim Schmidt

Do You Adapt to a Changing Customer Base?

Dealer succession planning is a regular topic in the pages of Farm Equipment; in fact we devoted an entire special report and conference to the topic a few years ago. Progressive dealerships have a plan in place or are working on their plan to prepare the next generation of managers and leaders to move the business forward. But, what are you as the dealer doing to prepare your business for the next generation of customers? Anything?
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Sponsored Content: Success in Shortline Machinery

Are You Doing Anything Extra to Promote Your Specialty Equipment Lines?

Q: With large ag equipment sales expected to be down again this year, are you doing anything extra to promote your specialty equipment lines? If so, what?
We asked dealers: "With large ag equipment sales expected to be down again this year, are you doing anything extra to promote your specialty equipment lines? If so, what?"
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Kim Schmidt
From the Desk of Kim Schmidt

‘Playing Chicken’ with Trade Policy

The agriculture market is a hard one to predict. Between the weather and politics, there’s no sure fire answer to what commodity prices might do or when equipment sales might start to pick back up.
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WEDA Dealer Institute

Increasing Parts Sales in Your Dealership [Webinar]

In the current Agricultural market, there is added pressure on parts departments to increase sales and margins. In this webinar, WEDA Dealer Institute trainer Kelly Mathison shared methods that will help you set goals for increasing parts sales in your dealership and managers to engage parts staff in contributing to the process. We will also identify 5 key areas to increase sales.  [To view any of our webinar replays, you must be logged in with a free user account.]
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Sponsored Content: Successful Equipment Remarketing Strategies

What Determines Used Equipment Values?

Dealers should be consulting multiple sources and data fields in order to accurately assign values to used equipment.
It’s no secret that there’s too much used equipment on North American farm equipment dealers’ lots these days. While dealers are making strides in reducing their equipment inventory build up, correctly valuing used equipment is key to properly managing inventories now and in the future.
Read More

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