1,400 Wholesalers & 5,000 Dealers Operate in the $40 Billion Farm Equipment Distributors Market.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles. -- Research and Markets (http://www.researchandmarkets.com/reports/c51433) has announced the addition of the First Research report: Farm Equipment Distributors - Industry Profile to their offering. Covering over 175 industries and updated every 90 days, the First Research Industry Profiles do the "heavy lifting" for you - saving your sales team valuable research time, enhancing client communications and giving you the competitive edge to win more business. Easy-to-use and up-to-date, the Industry Profiles provide you with the industry research necessary to stay on top of constant changes in select industries. The First Research profiles help target your products and services directly to prospects. The Industry Profiles provide the information and understanding you need to engage new prospects during the sales process A sales process is a systematic approach for performing product or service sales. The reasons for having a sales process include seller and buyer risk management, achieving standardized customer interaction in sales and scalable revenue generation. , deepen deep·en tr. & intr.v. deep·ened, deep·en·ing, deep·ens To make or become deep or deeper. deepen Verb to make or become deeper or more intense Verb 1. customer relationships and strengthen your own bottom line. Topics Covered Industry Overview Quarterly Industry Update Business Challenges Trends and Opportunities Call Preparation Questions Financial Information Industry Forecast Website and Media Links Glossary of Acronyms Summary The distribution of farm and garden equipment in the US is handled by about 1,400 wholesalers and 5,000 dealers, with combined annual revenue of $40 billion. The typical distributor is privately held and has less then $10 million in annual sales. The industry is fragmented frag·ment n. 1. A small part broken off or detached. 2. An incomplete or isolated portion; a bit: overheard fragments of their conversation; extant fragments of an old manuscript. 3. : the 50 largest distributors hold about 35 percent of the market. Only a few distributors operate more than one location. COMPETITIVE LANDSCAPE Demand is driven by the health of the farming sector, which is tied to crop prices. The profitability of individual companies depends on good merchandizing and efficient operations. Large distributors have few economies of scale but can offer customers a wider range of products. Small distributors can compete successfully by holding exclusive territory rights to popular products. The industry is only moderately automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. ; average annual sales per employee are about $350,000. Large manufacturers of farm equipment, like John Deere and Agco, mainly bypass wholesalers and sell directly to networks of local dealers. PRODUCTS, OPERATIONS & TECHNOLOGY Major products include farm tractors, lawn mowers, irrigation irrigation, in agriculture, artificial watering of the land. Although used chiefly in regions with annual rainfall of less than 20 in. (51 cm), it is also used in wetter areas to grow certain crops, e.g., rice. equipment, and harvesting machinery. Tractors account for about 15 percent of industry revenue; lawn mowers, irrigation equipment, and harvesters for about 8 percent each. Other products include planting and cultivating machinery, spraying equipment, dairy machinery, snowplows, and snow-blowers. A large number of products are tractor tractor, in agriculture, vehicle used to pull such equipment as plows, cultivators, and mowers; to power stationary devices such as saws and winches; and to push snowplows and earth-moving implements. attachments. About 15 percent of industry revenue comes from sales of used equipment. For more information visit http://www.researchandmarkets.com/reports/c51433 |
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