DEALER NET PROFITS HIGHEST IN 10 YEARS Annual benchmarking survey shows net profits reached 4.8 % last year - RVDA

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DEALER NET PROFITS HIGHEST IN 10 YEARS Annual benchmarking survey shows net profits reached 4.8 % last year - RVDA
Go RVing Promotes RV Travel through Spring Fever Sweepstakes   page 24

                                                                         JUNE 2014

 DEALER NET PROFITS
 HIGHEST IN 10 YEARS
 Annual benchmarking survey
 shows net profits reached
 4.8 % last year
 page 10

                    ALSO:
                    Dealers Remain Upbeat Over Retail Market page 13
                    Rental Revenue on the Rise page 18
DEALER NET PROFITS HIGHEST IN 10 YEARS Annual benchmarking survey shows net profits reached 4.8 % last year - RVDA
DEALER NET PROFITS HIGHEST IN 10 YEARS Annual benchmarking survey shows net profits reached 4.8 % last year - RVDA
DEALER NET PROFITS HIGHEST IN 10 YEARS Annual benchmarking survey shows net profits reached 4.8 % last year - RVDA
DEALER NET PROFITS HIGHEST IN 10 YEARS Annual benchmarking survey shows net profits reached 4.8 % last year - RVDA
C O N T E N T S                                                                            June 2014

                                                                      10

10   RV Dealer Net Profits in 2013
     the Highest in 10 Years
     Net profit as a percentage of sales showed
     dramatic improvement last year, reaching 4.8
     percent, according to Spader Business
                                                                                                    13
     Management data.

13   Dealers Remain Upbeat About
     RV Retail Market                                 16
     Dealers are still upbeat about the market, but
     not quite as much as they were a year ago. A
     little less than half say this spring’s market
     was better than in spring of 2013.

16   RV Inventory Turn and Aging Rates
     Indicate a Healthy 2014
     GE Capital CDF’s Tim Hyland says                                              18
     dealership metrics and a good economy make
     him optimistic about the RV industry.

18   RV Dealers Report Higher
     RV Rental Revenue
     Dealers with rental fleets report dramatic
     increases in rental revenue in 2013, with some
     experiencing jumps of as much as 49 percent.
                                                           19   I N E V E RY I S S U E :

19   Rockin’ Rentals
     Gambling on the RV rental arena seems to
                                                                  6
                                                                  7
                                                                  8
                                                                      Looking ahead
                                                                      Chairman’s report
                                                                      Officers, directors, and delegates
     have paid off for some new enterprises,                      9   Industry trends
     according to a recent RVDA survey –                        28    RVDA endorsed products
     reservations are filling up quickly.                       30    RV Learning Center contributors
                                                                 31   RV industry’s training calendar
                                                                 31   Advertisers index
24   Go RVing Promotes RV Travel
     through Spring Fever Sweepstakes
     Go RVing partnered with the Outdoor
     Channel to cosponsor the network’s popular                                             24
     Spring Fever Sweepstakes. The sweepstakes
     got on-air and online support with custom
     vignettes featuring network personalities
     talking up the appeal of RVs for outdoor
     enthusiasts.

                                                                                        JUNE 2014    5
DEALER NET PROFITS HIGHEST IN 10 YEARS Annual benchmarking survey shows net profits reached 4.8 % last year - RVDA
RV EXECUTIVE TODAY
LOOKING AHEAD

                                         A Window into
                                         Go RVing Prospects’                                                 President:
                                                                                                             Phil Ingrassia, CAE
                                         Purchasing Power                                                    Vice President for
                                                                                                             Administration:
                                         By Phil Ingrassia, CAE, president                                   Ronnie Hepp, CAE

                                                                                                             Editor:
                                                                                                             Mary Anne Shreve
                L   ast month I had the opportunity to dig
                    a little deeper into a recent Go RVing
                study for some presentations I prepared       “One of the things in the                      Graphic Designer:
                                                                                                             Ginny Walker
                for the RV Business Power Breakfast and        study that jumped out to
                the Airstream dealer meeting. The study is     me was the household
                a sales match analysis conducted by global
                data and marketing solutions firm IHS          income numbers for Go                         RVDA STAFF
                                                                                                             Chuck Boyd
                Automotive, which incorporated Polk into       RVing buyers that are                         Dealer Services Manager
                its business last year.                        significantly higher than                     Hank Fortune
                     Here is some quick background on                                                        Director of Finance
                this sales match study. Go RVing provided
                                                               what we’ve found for                          Jeff Kurowski
                208,000 leads gathered from an 18-month        average RV owners.”                           Director of Industry Relations

                period, and IHS matched those names                                                          Julie Anna Newhouse
                                                                                                             Marketing Manager
                through a registration database of new and
                                                                                                             Brett Richardson, Esq., CAE
                used RV registrations through last June.      most recent University of Michigan study.      Director of Legal and Regulatory
                This provided an adequate buying time for          The Go RVing prospects who buy are        Affairs
                the analysis.                                 more affluent, which means they’re more        Julianne Ryder
                     The big news out of the study (which                                                    Marketing Communications Specialist
                                                              likely to buy a motorhome than other
                RV Executive Today has previously reported)                                                  Patricia Williams
                                                              buyers. These prospects buy a lot of travel    Accounting Clerk
                was that in the total universe of U.S.        trailers too, but the mix is heavier toward
                households, the national new RV purchase      motorized than the overall RV market is        MIKE MOLINO RV LEARNING CENTER STAFF
                rate during the period studied was .36        supporting right now.                          Karin Van Duyse
                percent. The Go RVing lead rate of                                                           Chief

                purchase for a new RV was .84 percent –       Follow-up is important                         Liz Fleming
                                                                                                             Education Coordinator
                more than double the U.S. household rate.          It comes as no surprise that following
                                                                                                             Tony Yerman
                     Purchase rates for used RVs were even    up with these prospects is important. The      RV Service Consultant
                higher among Go RVing leads, at 1.5           study showed that more than 50 percent         –––––––––––––––––––––––––––––––––––
                percent. When combined, the total                                                            Isabel McGrath
                                                              of those who purchased did so within 180       Technician Certification Registrar
                purchase rate for Go RVing leads was          days of becoming a lead.
                2.34 percent, which is impressive when             As we’ve talked to dealers and looked
                compared to the one to two percent rate       at monthly sales data, it’s clear that the     RV Executive Today is published monthly by the
                the Direct Marketing Association              RV sales cycle has become somewhat less        Recreation Vehicle Dealers Association of
                considers good for lead conversions.          cyclical, so the Go RVing program has          America at 3930 University Drive, Fairfax, VA
                                                                                                             22030-2515. Periodicals postage paid at Fairfax,
                Higher household income                       extended its media plan into the fall. This    VA 22030 USPS No. 062450. Issued monthly to
                                                              means leads are coming into the system         all RVDA members as a membership benefit paid
                                                                                                             for by their dues.
                    One of the things in the study that       throughout the year.
                jumped out to me was the household                 If your dealership is not signed up for   Postmaster please send address changes to:
                income numbers for Go RVing buyers                                                           RV Executive Today, 3930 University Drive,
                                                              the 2014 program yet, there’s still plenty     Fairfax, VA 22030-2515 The annual subscription
                that are significantly higher than what       of time to get good value out of the           rate of $30 is a part of membership dues.
                we’ve found for average RV owners.            program. See page 25 for details. With         Editorial/Business Office:
                    The average household income for a        more follow-up and more dealers partici-       3930 University Drive, Fairfax, VA 22030-2515
                Go RVing lead who purchased a new unit        pating, we can drive the purchase rates        Phone (703) 591-7130 FAX (703) 359-0152

                during the period was $87,246, and for        outlined in the study even higher in the       RV Executive Today (ISSN #1088-873X)
                those who purchased a used unit, it was       future.                                        Volume 18, Issue 6
                $75,984. This compares to the $62,000              Thanks for                                For advertising information contact:
                average household income reported in the      your support.                                  Julie Newhouse, Marketing Manager,
                                                                                                             (703) 591-7130 x 103

                6   RV EXECUTIVE TODAY
DEALER NET PROFITS HIGHEST IN 10 YEARS Annual benchmarking survey shows net profits reached 4.8 % last year - RVDA
CHAIRMAN’S REPORT
Learn From Someone Else,
for a Change
By Jeff Hirsch, chairman

I  've never liked learning from my own personal experi-
   ences – it costs way too much. I agree with Ben Franklin,
who said, "Experience is a dear school, and fools will learn
                                                                  great opportunity for me to spend quality time with my
                                                                  staff and build for their future and the company’s.
                                                                       RVDA has kept the registration rate as low as possible
in no other."                                                     so you can bring more people. There are discounts for
     I also agree with Albert Einstein’s comment that the         additional staff, special two-day offers, and a variety of pay
world's problems can’t be solved by the same kind of              plans. The investment you make in your employees is part
thinking that created them. I contend that our business           of your competitive advantage, so I hope you’ll consider
problems also can’t be solved by the same kind of thinking        bringing as many of your top-level staffers as possible. Let’s
that created them.                                                not learn from our own experiences – it’s too expensive.
     Where am I going with this? The reality is that occa-             There are many more reasons why this convention will
sionally we all need to change our way of thinking, to have       be out of the ordinary. We already have four Vendor
our world view shaken up a bit. At the very least, we need        Training +Plus sessions scheduled. These extended,
to update and add to our knowledge base. The trick is to do       customized learning sessions give attendees the chance to
so as efficiently and painlessly as possible. And preferably,     delve deeper into subjects with representatives from compa-
we can learn from someone else’s hard-bought experience.          nies they do business with. Thanks to AL-KO Axis, Blue
     I know how you can benefit from the combined                 Ox, Lippert Components and Integrated Dealer Systems for
wisdom of dozens of smart business people at one place            their early support. We’ll be announcing more sessions soon.
and time. There’s an event that’s been developed specifi-              This year’s exhibit hall is also larger than previous years
cally for RV dealers and their employees, one that offers         and will accommodate more companies. In fact, with six
the chance to learn better ways of operating virtually every      months still left until the convention, expo space is already
aspect of our businesses. I’m referring, of course, to the RV     almost 60 percent sold. And first-time exhibitors are showing
Dealers International Convention/Expo.                            great interest in joining us this year. Be sure to get the jump
     You may have attended previous RVDA conventions,             on the latest and greatest the expo has on display this year.
but this year’s has been taken to a different level altogether.        Not everything will change – the popular Partners In
As you’ve heard, in response to members’ requests for a           Progress brand committee meetings will once again give
change of venue, the locale has been moved to Bally’s on          dealers the chance to discuss important brand-specific issues
the Las Vegas Strip, right in the middle of the action. We’ll     with their manufacturers, and there will be education tracks
have all of the city’s glamour and excitement right at hand       for dealers/GMs and managers in sales, service, parts, and
for after-hours entertainment. The Bally’s staff has been         rental operations. Not to mention inspiring speakers,
working with us for months to ensure that the transition to       including Doug Lipp, the dynamo who helped shape Disney
a new location is smooth and that the show is the best ever.      University’s world-famous customer service training. This
     Also at members’ requests, the timing of the event has       presentation alone will be worth the price of admission.
been pushed back later in the year – to Nov. 10-14 – so                We couldn’t put on the convention/expo without the
that it doesn’t interfere with the busy fall selling season.      generosity of our partners. As of press time, the convention
RVDA has frequently heard dealers claim they would bring          is being supported by GE Capital, Commercial
more employees to the convention if only they could be            Distribution Finance (platinum partner), Protective (gold
spared from the dealership. Well, we heard you – now you          partner), and MBA Insurance, Bank of the West, and
have a great new location and more convenient dates.              Diversified Insurance Management (bronze partners). My
     I’m a big advocate for taking as many staffers as            deepest appreciation goes to those who invest in us for a
possible to the convention. Giving them the chance to be          brighter future.
part of this event has made a huge difference to my                    Five concentrated days of learning from the best in the
employees’ professional development and lightened my              business, the chance to network with colleagues and to
load as a dealer principal. It's difficult for me to relate       enjoy one of the country’s most popular cities
everything I learn at the convention to everyone back             – that’s what I call smart learning.
home, and the messages I hear are different from what a                I look forward to a great convention and
service or sales manager would hear. The convention is a          to catching up with many of you.

                                                                                                                                 7
DEALER NET PROFITS HIGHEST IN 10 YEARS Annual benchmarking survey shows net profits reached 4.8 % last year - RVDA
RVDA BOARDS: OFFICERS, DIRECTORS, & DELEGATES
                                                Chairman                        Alaska                              Maryland                      Ohio                             Wisconsin                      Participating Past Chairmen
                                                Jeff Hirsch                     Kevin Brown                         Greg Merkel                   Dean Tennison                    Mick Ferkey                    Bruce Bentz
                                                Campers Inn of Kingston         Arctic RV & Interior Topper         Leo’s Vacation Center Inc.    Specialty RV Sales               Greeneway Inc.                 Capital R.V. Center Inc.
                                                Kingston, NH                    Fairbanks, AK                       Gambrills, MD                 Lancaster, OH                    Wisconsin Rapids, WI           Bismarck, ND
                                                (603) 642-5555                  (907) 451-8356                      (410) 987-4793                (740) 653-2725                   (715) 325-5170                 (701) 255-7878
                                                jhirsch@campersinn.com          arcticrv@arcticrv.com               Admin-jacki@comcast.net       dean@specialtyas.com             mickferkey@greenewayrv.com     bruce@capitalrv.com

                                                1st Vice Chairman               Arizona                             Massachusetts                 Oklahoma                         Wyoming                        Randy Biles
                                                John McCluskey                  Devin Murphy                        Marc LaBrecque                Ron Shepherd                     Sonny Rone                     Pikes Peak Traveland Inc.
                                                Florida Outdoors RV Center      Freedom RV Inc.                     Diamond RV Centre Inc.        Camperland of Oklahoma, LLC      Sonny’s RV Sales Inc.          Colorado Springs, CO
                                                Stuart, FL                      Tucson, AZ                          W. Hatfield, MA               Tulsa, OK                        Evansville, WY                 (719) 596-2716
                                                (772) 288-2221                  (520) 750-1100                      (413) 247-3144                (918) 836-6606                   (307) 237-5000                 rwbiles@pikespeakrv.com
                                                john@floridaoutdoorsrv.com      dmurphy@freedomrvaz.com             info@diamondrv.com            ron_shepherd@camperlandok.com    rentals@sonnysrvs.com
                                                                                                                                                                                                                  Debbie Brunoforte
                                                2nd Vice Chairman               California                          Michigan                      Oregon                           VACANT                         Little Dealer, Little Prices
                                                Brian Wilkins                   Troy Padgett                        Chad Neff                     Kory Goetz                       Arkansas                       Mesa, AZ
                                                Wilkins R.V. Inc.               All Valley RV Center                American RV Sales & Service   Curtis Trailers Inc.             Hawaii                         (480) 834-9581
                                                Bath, NY                        Acton, CA                           Inc.                          Portland, OR                     Maine                          dbrunoforte@littledealer.com
                                                (607) 776-3103                  (661) 269-4800                      Grand Rapids, MI              (503) 760-1363
                                                bwilkins@wilkinsrv.com          troy@allvalleyrvcenter.com          (616) 455-3250                kgoetz@curtistrailers.com        AT-LARGE                       Rex Floyd
                                                                                                                    chad@americanrv.com                                            Bob Been                       Floyd’s Recreational Vehicles
                                                Treasurer                       Colorado                                                          Pennsylvania                     Affinity RV Service Sales &    Norman, OK
                                                Darrel Friesen                  Tim Biles                           Minnesota                     Greg Starr                       Rentals                        (405) 288-0338
                                                All Seasons RV Center           Pikes Peak Traveland                Will Jarnot                   Starr’s Trailer Sales            Prescott, AZ                   rxflyd@aol.com
                                                Yuba City, CA                   Colorado Springs, CO                PleasureLand RV Center        Brockway, PA                     (928) 445-7910
                                                (530) 671-9070                  (719) 596-2716                      St. Cloud, MN                 (814) 265-0632                   bobbeen@affinityrv.com         Crosby Forrest
                                                Darrel@allseasonsrvcenter.com   tbiles@pikespeakrv.com              (320) 251-7588                greg@starrstrailersales.com                                     Dixie RV Superstore
                                                                                                                    w.jarnot@pleasurelandrv.com                                    Randy Coy                      Newport News, VA
                                                Secretary                       Connecticut                                                       Rhode Island                     Dean’s RV Superstore           (757) 249-1257
                                                Tim Wegge                       Chris Andro                         Mississippi                   Linda Tarro                      Tulsa, OK                      info@dixiervsuperstore.com
                                                Burlington RV Superstore        Hemlock Hill RV Sales Inc.          Stephen (Snuffy) Smith        Arlington RV Super Center Inc.   (918) 664-3333
                                                Sturtevant, WI                  Milldale, CT                        Country Creek RV Center       East Greenwich, RI               rcoy@deansrv.com               Ernie Friesen
                                                (262) 321-2500                  (860) 621-8983                      Hattiesburg, MS               (401) 884-7550                                                  All Seasons RV Center
                                                twegge@burlingtonrv.com         chrisa@hemlockhillrv.com            (601) 268-1800                linda@arlingtonrv.com            David Hayes                    Yuba City, CA
                                                                                                                    snuffy@countrycreekrv.net                                      Hayes RV Center                (530) 671-9070
                                                Past Chairman                   Delaware                                                          South Carolina                   Longview, TX                   eefriesen@msn.com
                                                Andy Heck                       Ryan Horsey                         Missouri                      Gloria Morgan                    (903) 663-3488
                                                Alpin Haus                      Parkview RV Center                  Sheri Wheelen                 The Trail Center                 dhayes@hayesrv.com             Rick Horsey
                                                Amsterdam, NY                   Smyrna, DE                          Wheelen RV Center Inc.        North Charleston, SC                                            Parkview RV Center
                                                (518) 842-5900                  (302) 653-6619                      Joplin, MO                    (843) 552-4700                   Ed Lerch                       Smyrna, DE
                                                aheck@alpinhaus.com             rdhorsey@parkviewrv.com             (417) 623-3110                gmorgan497@aol.com               Lerch RV                       (302) 653-6619
                                                                                                                    sheri@wheelenrv.com                                            Milroy, PA                     rhorsey@parkviewrv.com
                                                Director                        Florida                                                           South Dakota                     (717) 667-1400
                                                Will Jarnot                     Rob Rothenhausler                   Montana                       Lyle Schaap                      ed@lerchrv.com                 Larry McClain
                                                PleasureLand RV Center Inc.     Ocean Grove RV Supercenter          Ron Pierce                    Schaap’s RV Traveland                                           McClain’s RV Inc.
                                                St. Cloud, MN                   St. Augustine, FL                   Pierce RV Supercenter         Sioux Falls, SD                  Scott Loughheed                Lake Dallas, TX
                                                (320) 251-7588                  (904) 797-5732                      Billings, MT                  (605) 332-6241                   Crestview RV Center            (940) 497-3300
                                                w.jarnot@pleasurelandrv.com     rob@oceangrovervsales.com           (406) 655-8000                lyle@rvtraveland.com             Buda, TX
                                                                                                                    rpierce@pierce.biz                                             (512) 282-3516                 Tim O’Brien
                                                Director                        Georgia                                                           Tennessee                        scott@crestviewrv.com          Circle K RVs
                                                Mike Regan                      Doc Allen                           Nebraska                      Roger Sellers                                                   Lapeer, MI
                                                Crestview RV Center             C.S.R.A. Camperland Inc.            Tony Staab                    Tennessee RV Sales & Service,    Mike Rone                      (810) 664-1942
                                                Buda, TX                        Martinez, GA                        Rich & Sons Camper Sales      LLC                              Sonny’s RV Sales Inc.          t.obrien@circlekrvs.com
                                                (512) 282-3516                  (706) 863-6294                      Grand Island, NE              Knoxville, TN                    Evansville, WY
                                                Mike_regan@crestviewrv.com      docallen@csracamperland.com         (308) 384-2040                (865) 933-7213                   (307) 237-5000                 Dan Pearson
                                                                                                                    tony@richsonsrv.com           rsellers@tennesseerv.com         mrone@sonnysrvs.com            PleasureLand RV Center Inc.
                                                Director                        Idaho                                                                                                                             St. Cloud, MN
                                                Rod Ruppel                      Tyler Nelson                        Nevada                        Texas                            Adam Ruppel                    (320) 251-7588
                                                Webster City RV Inc.            Nelson’s RVs Inc.                   Beau Durkee                   Mike Regan                       Webster City RV Inc.           d.pearson@pleasurelandrv.com
                                                Webster City, IA                Boise, ID                           Carson City RV Sales          Crestview RV Center              Webster City, IA
                                                (515) 832-5715                  (208) 322-4121                      Carson City, NV               Buda, TX                         (515) 832-5715                 Cammy Pierson
                                                rod@webstercityrv.com           tyler@nelsonsrvs.com                (775) 882-8335                (512) 282-3516                   adam@webstercityrv.com         Curtis Trailers Inc.
                                                                                                                    beau@carsoncityrv.com         Mike_regan@crestviewrv.com                                      Portland, OR
                                                Director                        Illinois                                                                                           Rod Ruppel                     (503) 760-1363
                                                Ron Shepherd                    Richard Flowers                     New Hampshire                 Utah                             Webster City RV Inc.           cammypierson@yahoo.com
                                                Camperland of Oklahoma, LLC     Larry’s Trailer Sales Inc.          Scott Silva                   Jared Jensen                     Webster City, IA
                                                Tulsa, OK                       Zeigler, IL                         Cold Springs RV Corporation   Sierra RV Corp                   (515) 832-5715                 Joe Range
                                                (918) 836-6606                  (618) 596-6414                      Weare, NH                     Sunset, UT                       rodruppel@gmail.com            Range Vehicle Center Inc.
                                                ron_shepherd@camperlandok.com   richardfl@larrystrailersales.com    (603) 529-2222                (801) 728-9988                                                  Hesperia, CA
                                                                                                                    scott@coldspringsrv.com       jared@sierrarvsales.com          Joey Shields                   (760) 949-4090
                                                RVRA Representative             Indiana                                                                                            Pan Pacific RV Centers Inc.    range1937@msn.com
                                                Scott Krenek                    Nathan Hart                         New Jersey                    Vermont                          French Camp, CA
                                                Krenek RV Center                Walnut Ridge Family Trailer Sales   Brad Scott                    Scott Borden                     (209) 234-2000                 Dell Sanders
                                                Coloma, MI                      New Castle, IN                      Scott Motor Home Sales Inc.   Pete’s RV Center                 joey@pprv.com                  J. D. Sanders Inc.
                                                (269) 468-7900                  (765) 533-2288                      Lakewood, NJ                  South Burlington, VT                                            Alachua, FL
                                                scott_krenek@krenekrv.com       nhart@walnutridgerv.com             (732) 370-1022                (802) 864-9350                   Earl Stoltzfus                 (386) 462-3039
                                                                                                                    bscott@scottmotorcoach.com    scott@petesrv.com                Stoltzfus RV’s & Marine        jdsrv@att.net
                                                RVAC Chairman                   Iowa                                                                                               West Chester, PA
                                                Tom Stinnett                    Jeremy Ketelsen                     New Mexico                    Virginia                         (610) 399-0628                 Marty Shea
                                                Tom Stinnett Derby City RV      Ketelsen RV Inc.                    Rick Scholl                   Lindsey Reines                   estoltzfus@stoltzfus-rec.com   Madison RV Supercenter
                                                Clarksville, IN                 Hiawatha, IA                        Rocky Mountain RV World       Reines RV Center Inc.                                           Madison, AL
                                                (812) 282-7718                  (319) 377-8244                      Albuquerque, NM               Manassas, VA                     Glenn Thomas                   (256) 837-3881
                                                tstinnett@stinnettrv.com        jketelsen@ketelsenrv.com            (505) 292-7800                (703) 392-1100                   Bill Thomas Camper Sales       mjshea@madisonrv.com
                                                                                                                    rscholl@rmrv.com              rv8955@aol.com                   Wentzville, MO
                                                RV Learning Center Chairman     Kansas                                                                                             (636) 327-5900                 Bill Thomas
                                                Jeff Pastore                    Bill Hawley                         New York                      Washington                       g.thomas@btcamper.com          Bill Thomas Camper Sales Inc.
                                                Hartville RV Center             Hawley Brothers Inc.                Jim Colton                    Ron Little                                                      Wentzville, MO
                                                Hartville, OH                   Dodge City, KS                      Colton RV                     RV’s Northwest Inc.              Larry Troutt III               (636) 327-5900
                                                (330) 877-3500                  (620) 225-5452                      N Tonawanda, NY               Spokane Valley, WA               Topper’s Camping Center        Btcs1940@sbcglobal.net
                                                jeff@hartvillerv.com            wildbill@pld.com                    (716) 694-0188                (509) 924-6800                   Waller, TX
                                                                                                                    jcolton@coltonrv.com          ron@rvsnorthwest.com             (800) 962-4839                 Larry Troutt
                                                DELEGATES                       Kentucky                                                                                           latroutt3@gmail.com            Topper’s Camping Center
                                                Alabama                         NeVelle Skaggs                      North Carolina                West Virginia                                                   Waller, TX
                                                Rod Wagner                      Skaggs RV Country                   Steve Plemmons                Lynn Butler                      Bill White                     (800) 962-4839
                                                Madison RV Supercenter          Elizabethtown, KY                   Bill Plemmons RV World        Setzer’s World of Camping Inc.   United RV Center               larrytroutt@toppersrvs.com
                                                Madison, AL                     (270) 765-7245                      Rural Hall, NC                Huntington, WV                   Fort Worth, TX
                                                (256) 837-3881                  nrskaggs@aol.com                    (336) 377-2213                (304) 736-5287                   (817) 834-7141
                                                rod@madisonrv.com                                                   steve@billplemmonsrv.com      setzersrv@aol.com                bill@unitedrv.com
                                                                                Louisiana
                                                                                Jim Hicks                           North Dakota
                                                                                Southern RV Super Center Inc.       Michelle Barber
                                                                                Bossier City, LA                    Capital R.V. Center Inc.
                                                                                (318) 746-2267                      Minot, ND
                                                                                jim@southernrvsupercenter.com       (701) 838-4343
                                                                                                                    michelle@capitalrv.com
                                                8     RV EXECUTIVE TODAY
DEALER NET PROFITS HIGHEST IN 10 YEARS Annual benchmarking survey shows net profits reached 4.8 % last year - RVDA
INDUSTRY TRENDS
R V   I N V E N T O R Y         I N D E X                                               For the latest RV Inventory Index
                                                                                              report, visit www.rvda.org.

  Towable and Motorized Inventories
  Expanded Rapidly
  By Thomas Walworth, Statistical Surveys/The Thrive Group

  R     V dealers’ towable and motorhome inventories grew at much
        more rapid rates during February 2014 than was the case in
  February 2013, according to data gathered by market research firm
                                                                              120

                                                                                    MOTORHOMES                       2014
                                                                                                                     2013
  Statistical Surveys/The Thrive Group.                                     100                                      2012
       However, many of the units that were counted as being in
  dealers’ inventories actually remained at Indiana RV factories,
  because a shortage of delivery drivers and severe winter weather             80
  delayed shipments, according to industry sources. Harsh winter                                              67.8
  weather in the northern states also discouraged consumers from                                                     65.2
                                                                                               62.5
  visiting dealers’ lots, further depressing the inventory indexes.            60              57.6
                                                                                                                            53
       The inventory index for towables was 41.8
  in February 2014, which means towable                When the RV
                                                                                                              49.3
                                                       Inventory Index is                                            2013 2014
  inventories expanded even more rapidly than          below 100, there’s      40
                                                                                OCT   NOV  DEC      JAN      FEB       YTD
  they did in February 2013, when the inven-           an expansion of
  tory index was 48.2.                                 dealer inventories.
                                                       When the index is
       In the case of motorhomes, the February         above 100, there’s     120

  2014 inventory index was 49.3, which means           shrinkage. If the
                                                       industry sold a unit
                                                                              110   TOWABLES
  dealer inventories grew at a significantly faster at retail for every
                                                                             100
  rate than in February 2013, when the inven-          unit delivered at
  tory index was 67.8.                                 wholesale, the RV       90
                                                       Inventory Index
       The 12,238 towable RVs retailed by U.S.         would be 100.           80
  dealers during February 2014 represented a
                                                                               70
  10.3 percent increase over the 11,096 units sold to consumers in
  February 2013. Wholesale shipments of towables were up 27.4                  60
  percent to 29,300 units in February 2014, compared with 23,000               50
                                                                                                              44.7
                                                                                                                     44.7
  units delivered to dealerships in February 2013.                                             41.7
                                                                                                                            41.7
                                                                               40
       In the case of motorhomes, 2,020 units were retailed in                                 40.9           41.8
                                                                                                                     2013 2014
  February 2014, a 6.4 percent increase over the 1,899 units sold in           30
                                                                                OCT   NOV  DEC      JAN      FEB       YTD
  February 2013. Meanwhile, motorhome shipments increased 46.4
  percent to 4,100 units in February 2014, compared with 2,800 units
  shipped during February 2013.
       For more information, contact Tom Walworth at (616) 281-9898.
  The Thrive Group is a partnership between Statistical Surveys and
  Spader Business Management. n

  Take Advantage of Your RVDA Websites
  The RVDA and Mike Molino RV Learning Center websites are the
  dealership employee’s complete online resources. These innovative,
  interactive websites provide easy access to the critical resources that
  assist dealers and their employees in running the dealership efficiently
  and effectively.
      Visit both sites to download fact sheets on dealership best prac-
  tices or the latest retail statistics, search the listings of training
  opportunities, and purchase CD-ROMs, publications, videos, or
  webcasts to enhance your dealership’s knowledge. RVDA member
  dealerships and any of their employees can have 24/7 access to most
  of RVDA’s dealer specific information (broken down by department).
      Make www.rvlearningcenter.com and www.rvda.org your first
  source for all dealership information.
                                                                                                             JUNE 2014        9
DEALER NET PROFITS HIGHEST IN 10 YEARS Annual benchmarking survey shows net profits reached 4.8 % last year - RVDA
B E N C H M A R K I N G

            RV DEALER NET
            PROFITS IN 2013 THE
            HIGHEST IN 10 YEARS
            Source: Spader Business Management
            Analysis by Jeff Kurowski

           I
              s your dealership as profitable as it should be? For some
              insight, compare your margins and expense ratios with
              other dealers around the country. This annual
            benchmarking section of RV Executive Today provides a point
            of reference on some important areas of dealership
            operations. The data is based on dealer-reported information
            and is an average, not a scientific study of all dealers.

           30
                            NEW             USED     TOTAL
                            UNIT            UNIT     SALES
                            SALES           SALES
           25

           20

           15
                                                                Gross Margin
                                                                as % of Sales
                                                                The gross margin on new unit
           10                                                   sales declined 0.5 percent in
                                                                2013 to its lowest level since
                                                                2008, but the gross margin on
                                                                used unit sales climbed to 19.2
                                                                percent, its highest level since
             5                                                  2006. The gross margin on total
                                                                sales (from all dealership depart-
                                                                ments) was 26.2 percent in 2013,
                                                                down a little from 2012 and the
             0                                                  same percentage as in 2011.
                  '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13

  10   RV EXECUTIVE TODAY
5                                                                 54

                                                                      52
    4

                                                                      50
    3

                                                                      48

    2
                                                                      46

    1
                                                                      44

    0                                                                 42
        '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13                         '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13

Net Profit as % of Sales                                           Personnel Expenses
Net profit as a percentage of sales showed dramatic improve-       as % of Gross Margin
ment in 2013, reaching 4.8 percent, compared with 4.4              Personnel expenses--salaries, benefits, and other employment
percent for reporting dealers in 2012. Last year’s net profit as   costs--as a percentage of gross margin declined in 2013 to
a percentage of sales was the highest in more than 10 years.       48.1 percent, from 48.7 percent in 2012. Personnel costs as a
                                                                   percentage of gross margin now are lower than they’ve been
                                                                   at any time since 2005.

  6.5                                                                 8.0

                                                                      7.5

                                                                      7.0
  6.0
                                                                      6.5

                                                                      6.0

  5.5                                                                 5.5

                                                                      5.0

                                                                      4.5
  5.0
                                                                      4.0

                                                                      3.5

  4.5                                                                 3.0
        '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13                         '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13

Advertising Expenses                                               Floor Plan Interest Expense
as % of Gross Margin                                               as % of Gross Margin
Advertising spending dipped to 5.1 percent of gross margin in      The often volatile measure of floor plan interest expense as a
2013, from 5.4 percent in 2012. Advertising expenses as a          percentage of gross margin was stable between 2012 and
percent of gross margin are at the lowest point since 2010.        2013. It remained at 3.8 percent, which is less than half of
                                                                   what it was during the pre-recession year of 2007, when it
                                                                   was 7.9 percent.

                                                                                                                     JUNE 2014   11
16.5                                                               18

      16.0
                                                                         17
      15.5
                                                                         16
      15.0

      14.5                                                               15
      14.0
                                                                         14
      13.5

      13.0                                                               13

      12.5
                                                                         12
      12.0
                                                                         11
      11.5

      11.0                                                               10
             '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13                      '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13

     Semi-Fixed Expenses                                              Fixed Expenses
     as % of Gross Margin                                             as % of Gross Margin
     Semi-fixed expenses, or costs that rise and fall depending on    Fixed expenses (mortgage and lease costs and expenses such
     the amount of business occurring, fell in 2013 to 12.0 percent   as property taxes) as a percentage of gross margin slipped
     of gross margin, compared with 12.4 percent in 2012.             down to 12.3 percent in 2013, the lowest it’s been since
                                                                      2005.

12   RV EXECUTIVE TODAY
Dealers Remain Upbeat About
RV Retail Market
By Jeff Kurowski

R                                                                                       41%
  RV dealers continue to be upbeat about the                  Is the retail
  retail market, although they’re not as upbeat as
  they were a year ago, according to an RVDA
                                                            market better
                                                            than last year?
                                                                                     About                48%
                                                                                    the Same              Better
  survey conducted in May.
       Forty-eight percent of respondents said the
  RV market was better this May than it was last
  year, and 41 percent said it was about the same                                            9%
  as a year ago. Ten percent felt it was worse than                                         Worse
  it was during spring of 2013. In comparison,
  during May 2013, 59 percent of dealers
  responding believed the retail market was better           31%               34%
  than during the spring of 2012, 41 percent felt it
                                                            About
  was the same, and no one said it was worse.                                  Better            How are towable
                                                           the Same
       A third of this year’s respondents also said                                             RV sales compared
                                                                                                   to last year?
  the towables market was better, compared with
  last year, when 59 percent said it was better.
  Another third said this year’s towables market                     34%
  was worse, compared with last year, when only 9                     Worse
  percent said the market was worse than during
  the spring of 2012.
       With motorhomes, half of dealers said their                                         15%
  spring 2014 sales were better than their spring                                       About the
  2013 sales, 35 percent said they were worse, and                                         Same
  15 percent said they were about the same. Last         How are motorhome
  spring, 33 percent said the motorhome market            sales compared to
  was better, 50 percent said it was about the same,
                                                              last year?                                 50%
  and 17 percent said it was worse.                                                     35%               Better
       Some 61 percent of this May’s respondents                                        Worse
  believed their inventory levels were just right, 25
  percent felt they were too high, and 14 percent
  believed they were too low. A year earlier, 77
  percent said inventories were just right, 18
  percent said they were too high, and 5 percent              25%
  said they were too low.
                                                              High
       Due to severe winter weather in northern
  Indiana, where most RVs are built, and a                                     61%              For current market
  shortage of delivery drivers, many dealers                                                     conditions, your
  complained they couldn’t get units delivered from       14%                 Just Right           inventory is:
  the factories to their dealerships in a timely           Low
  manner. This sentiment was reflected in the
  survey results. Some 55 percent of respondents
  said they couldn’t get new product delivered in a
                                                                                                      *Charts may not total
                                  continued on page 14                                              100% due to rounding.

                                                                                                            JUNE 2014   13
continued from page 13

     reasonable amount of time. Another 21 percent
     said timely delivery “depends on the manufac-         Is the right amount
     turer,” and 14 percent of respondents said they          of retail credit
     went to the factories themselves to haul back the          available?         100%
     RVs they ordered.                                                             Yes
          “It is a bit of a hassle, but it increased our
     sales by being able to get what we wanted when
     we wanted it, instead of being at the mercy of
     transport at the manufacturer,” one dealer wrote.
          Only 10 percent of respondents said they got
     product delivered in a timely manner.
          Many retail RV shows occur during the first           22%
     quarter of the year, and 30 percent of survey
     respondents said sales at their show were better           No                 Is the right amount
     this year than in 2013. Twenty-five percent felt                              of wholesale credit
     this year’s show didn’t go as well as last year’s,                                 available?
     and 45 percent said sales were about the same.                          76%
          Dealers unanimously believe there’s an                             Yes
     adequate amount of credit available for inventory
     financing, and 78 percent said there’s enough
     retail credit available for their customers. n

                                                                                        *Charts may not total
                                                                                      100% due to rounding.

14   RV EXECUTIVE TODAY
JUNE 2014   15
F I N A N C I N G

  RV Inventory Turn and Aging
  Rates Indicate a Healthy 2014
  GE Capital CDF’s Tim Hyland says dealership metrics,
  good economy, make him optimistic about the RV industry.
                                   As the leading wholesale finance company in the RV             A. As you can imagine,
                                                                                                  turn is affected by many
                                   industry, GE Capital, Commercial Distribution Finance
                                                                                                  factors, such as time of
                                   provides flexible inventory financing that helps keep          year, geography, product
                                   RVs rolling from manufacturers to dealer sales lots. In        type, manufacturer, and
                                                                                                  model. What we really pay
                                   this special Q&A with RV Executive Today, Tim Hyland,
                                                                                                  attention to is actual turn
                                   president, recreation and specialty vehicles, takes a          versus expectation and if
                                   look at the economic landscape for the RV business.            that turn is changing.
                                                                                                  Overall, we have seen turn
        Tim Hyland                      You’ve said that the     and asset levels have risen.

                                   Q
                                                                                                  remain consistently above
                                        RV industry should            Aging, the ratio of         2X on a blended basis
                                        be able to build on      financed inventory less than     across all product types,
                                   its recent success again      a year old to the amount of      which is positive consid-
                                   this year. What are key       inventory greater than a         ering the increases we’ve
                                   performance indicators        year old, is also an indicator   seen. Ultimately, we see
                                   you look at when deter-       and has remained under 10        most dealers manage inven-
                                   mining the industry’s         percent, which we consider       tory and specific asset types
                                   strength?                     positive. We’ve seen both        based on their experience
                                   A. When we look at our        turn and aging in that           and the merchandising
                                   portfolio, a couple of the    healthy range for the past       needs of their market.
                                   factors used to assess        couple of years, which is
                                                                                                      Through support of
                                   industry health are aging
                                   and turn. We like to see
                                   turn, which reflects the
                                                                 indicative of a healthy port-
                                                                 folio.
                                                                      Overall economic
                                                                 performance plays a key
                                                                                                  Q   industry education
                                                                                                      events, such as the
                                                                                                  upcoming RV Dealers
                                   number of times a dealer's                                     International
                                   inventory is sold and         role when it comes to the
                                                                                                  Convention/Expo, GE
                                   replaced over a period of     RV industry’s strength.
                                                                                                  CDF has shown a
                                   time, remain steady at a      Factors that affect
                                                                                                  commitment to
                                   healthy level. We have seen   consumer confidence and
                                                                                                  improving the profes-
                                   turn remain above 2X as       growth in disposable
                                                                                                  sionalism and prof-
                                   the industry has improved     income are areas to watch.
                                                                                                  itability of RV retailing.
                                                                 While it may remain
                                                                                                  What types of resources
   Follow                                                        uneven, we expect to see
                                                                                                  does GE offer its dealer
 company                                                         benefit from a relatively
                                                                                                  clients to help them
 news via                                                        good economy, and we’re
                                                                                                  succeed?
  Twitter.                                                       feeling optimistic about the
                                                                 RV industry in 2014.             A. CDF has been financing
                                                                                                  the RV industry for more 30
                                                                     Every dealership is

                                                                 Q   different, but can
                                                                     you explain what
                                                                 type of inventory turn
                                                                                                  years. Our RV team has
                                                                                                  many years of experience in
                                                                                                  the industry, which gives us
                                                                                                  a unique perspective to
                                                                 GE CDF would like for
                                                                                                  help our customers with
                                                                 various product types?
                            twitter.com/GE InventoryFin                                           their business needs.
  16   RV EXECUTIVE TODAY
Also, our business        company and external         economy important,             the economy. Its resur-
intelligence tools are what   thought leaders from         and where does the RV          gence has helped the
make us stand out. Our        Harvard Business Review,     industry fit into it?          middle market remain
customers have access to      McKinsey, and more.          A. This segment of the         ahead of the S&P 500 in
COMS, our online inven-           In addition, through     economy is extremely           terms of revenue growth.
tory management system,       an exclusive relationship    important because                   GE Capital,
which provides data and       with Spader Business         although the middle            Commercial Distribution
actionable insights that      Management over the          market represents just         Finance provided $34
can help our customers        past several years, GE has   three percent of all U.S.      billion in financing for
make informed decisions       offered subsidized educa-    companies, it accounts for     more than 30,000 dealers
about their inventory.        tional opportunities to      one third of all private       and more than 3,000
    We’re also proud to       drive dealer stability and   sector jobs. GE Capital has    distributors and manufac-
offer our customers Access    growth through a variety     partnered with the Fischer     turers in the United States
GE that offers insights       of educational programs.     School of Business at The      and Canada in 2013.
digitally through our              GE CDF has played       Ohio State University to       Programs include inven-
Access GE portal, which all
of our customers have
access to, and through
multi-customer meetings
                              Q    a leadership role in
                                   educating policy-
                              makers, regulators, and
                                                           research and promote this
                                                           part of the economy.
                                                                The RV industry fits
                                                                                          tory and accounts receiv-
                                                                                          able financing, asset-based
                                                                                          lending, private label
                                                                                          financing, collateral
                              opinion leaders on           right into the definition of
and one-on-one engage-        what’s termed “the           the middle market, with        management and related
ments for our strategic       middle market,”              so many dealers and            financial products. For
customers. That’s why it’s    defined as companies         manufacturers in the $10       more information, visit
unique to work with GE        with annual revenues         million to $1 billion range.   www.gecdf.com/ or
Capital – our customers       of $10 million to $1         We think the RV industry       follow company news via
can leverage the expertise    billion annually. Why is     should be proud to be          Twitter (twitter.com/GE
of the greater GE             this segment of the          part of this segment of        InventoryFin). n

                                                                                                          JUNE 2014   17
R E N T I N G

  RV Dealers Report Higher RV Rental Revenue
  By Jeff Kurowski

  R    V dealers with rental fleets reported dramatic
       increases in rental revenue in 2013, and more than
  half plan to expand their fleets this year, according to a
                                                                                           50%

                                                                                           45%
                                                                                                     32% respondents

  survey conducted by the Recreation Vehicle Rental
                                                                                           40%
  Association (RVRA) in April.
      Almost 80 percent of the respondents took in more                                    35%                         RV Rental Revenue
  money from rentals last year than in 2012, with some                                                                    Comparison
  reporting jumps of as much as 49 percent. More than                                      30%
  half of respondents had double-digit increases. Another
                                                                                                                         2013 vs. 2012

                                                                      % REVENUE INCREASE
                                                                                           25%
  11 percent had flat rental revenues in 2013, and 10
  percent said their revenues were down.                                                   20%
      With the rental market so hot, 55 percent of the                                                          26% respondents
  dealers said they plan to expand their fleet this year in                                15%
  order to capture more rental business. Dealers who
                                                                                           10%
  aren’t planning to expand cited floor plan costs, higher
                                                                                                                           21% respondents
  personnel costs and insufficient market demand.                                           5%
      Six to seven nights is the most popular length of an                                                                 11% respondents
  RV rental contract, according to respondents. Almost                                      0%
  half said that was their average contract length; a third                                                                                     5% respondents
                                                                                            -5%
  said four to five nights was their average, and a sixth
  said three nights was their average.                                                     -10%
      Although multi-location operations that focus more                                                                                5% respondents
  on rentals than on sales primarily rent Class C                                          -15%
  motorhomes, a high percentage of dealers who
                                                                                           -20%
  responded to the survey rent towable RVs. Three-
  quarters said they have some towables in their fleet, and
  20 percent rent towables exclusively. Another five
  percent have fleets that are 95 percent towables, and 10
  percent have rental fleets that are 80 percent towables.
  Ten percent of respondents rent Class Cs only.

         Rental Fleet Composition                    Rental Fleet Size
             DEALERS WHO RENT AT LEAST SOME:              2014 vs. 2013

       Towables                            85%   55%                                                     RVRA is a unit of RVDA, and the survey was
                                                                                                         conducted through the RV Retailer Intelligence
                                                                                                         program, a service of the RV Assistance
         Class C                     70%
                                                                                                         Corp. (RVAC), a wholly-owned
                                                            34%                                          subsidiary of RVDA. n
         Class B 20%

         Class A               55%                                                         10%
                                                 Bigger     Same                           Smaller

  18    RV EXECUTIVE TODAY
Rockin’ Rentals
By Mary Anne Shreve

M       ost RV dealers are “scared to
        death of rentals,” says Thad
Weed, but that didn’t deter him from
                                             get outdoors but aren’t
                                             interested in the expense of
                                             RV ownership and the
gambling last year on his own rental         hassles of towing. Weed
business, Valet RV Rental in                 says it’s a headache-free way
Loganville, GA. The business is small        to introduce people to
– three units currently – but Weed           camping, and some
appears to have hit on something big.        customers have become
He had 110 reservations last year, and       owners.
this year he’s booked more than 140               Gary McCoskey got
for the next of couple months alone.         the same reaction Weed got
The demand made him decide to add            when he told friends he was going to       RVs, because those sand duners keep
four campers to his fleet.                   start renting RVs – “They said I was       him busy even through the winter
     “It’s really catching fire,” he says.   crazy.” But he, too, has seen his          months.
“People started finding me late last         business – Sand Highway RV in Sun               At Neff Brothers RV in Lorain,
year, and now business has picked up         City, AZ – go from zero to 60 in the       OH, half of the renters are repeat
dramatically.” He posts his business on      past few months. When his units            customers. “Some go on to buy an RV
Craigslist and has gotten inquiries          quickly booked up this spring and he       of their own, but half of our clients
from potential customers as far away         found himself turning down caller          rent once or twice a year because they
as Russia.                                   after caller, he ordered three new units   don’t want the hassles of insurance,
     Weed says his location and              for his fleet, including two toy haulers   prepping, storage, and so on,” says
business plan are the perfect combina-       for sand duners who bring their ATVs       Ralph Neff. “It’s the ease-of-use factor
tion. He’s within easy reach of popular      to the nearby desert.                      for them.”
Florida parks, and he delivers and sets           “I’m definitely in an expansion            Neff is planning to add more
up the travel trailers so that “all the      mode,” McCoskey says. “It’s been a bit     trailers to his fleet and offer long-term
clients have to do is show up and start      of a gamble, but it sure seems like        rentals to insurance companies and
camping.”                                    we’re going to have the business to        other businesses for corporate use.
     Almost all of his renters are first-    support it.” Arizona’s year-round          “We see that as a growth area for us,”
time campers, families who want to           season is a natural fit with renting       he says. n

                                                             Worried About the Tin Can Maneuver?
                                                             One of dealers’ biggest concerns about getting into the rental
                                                             business is that customers might trash the units. “Dealers don’t
                                                             want to deal with the breakdowns or the repairs, or think about
                                                             what could happen when a first-timer is backing up the unit or
                                                             doing a tin can number where they take the roof off going under a
                                                             bridge,” says Thad Weed of Valet RV Rental in Loganville, GA. But
                                                             that fear may be overblown, says Gary McCoskey of Sand Highway
                                                             RV in Sun City, AZ. “A lot has to do with the security deposit. When
                                                             renters have $1,000 on the line that they won’t get back if they
                                                             damage the unit, that changes their attitude. And by renting out
                                                             nicer, newer units, we find people tend to take better care of them.”

                                                                                                                      JUNE 2014   19
Time’s Running Out to Apply for College Scholarship
                             APPLICATIONS ARE DUE NOW!

D     ealership employees
      and their dependents
who are college undergradu-
                                 cant’s prior experience
                                 working in the RV industry
                                 or desire to do so after
                                                                  Family. The Kindlunds
                                                                  founded Holiday RV
                                                                  Superstores, the first
                                                                                                          For more information on
                                                                                                     the Learning Center, go to
                                                                                                     www.rvlearningcenter.com,
ates majoring in an RV           college will be taken into       publicly-traded RV dealer-         e-mail info@rvda.org, or fax
industry-related subject such    consideration when               ship. Newt Kindlund                (703) 359-0152. The Learning
as business, finance, or         awarding the scholarship.        remains active in the RV           Center is a tax-exempt organ-
accounting are eligible for a         Dealers can download a      industry and currently serves      ization, and contributions may
$2,500 scholarship given         free, full-color poster adver-   on the Learning Center’s           be tax-deductible as charitable
annually by the Mike             tising the scholarship (see      board of directors.                donations. n
Molino RV Learning               opposite page) and display it
Center’s scholarship             throughout the dealership to
program.                         alert employees to the             How Much is That
     Applicants must be          opportunity. The posters and
rising sophomores, juniors or    application forms are avail-       College Degree Worth?
seniors at an accredited four-   able on the Learning
year school and meet certain
academic standards. They
                                 Center’s website,
                                 www.rvlearningcenter.com.
                                                                    G      etting a college education has never made more finan-
                                                                           cial sense, in spite of the recent spate of media reports
                                                                    about the cost. According to a recent study from an MIT
must submit an application            The scholarship               economist, not going to college could actually set you back
form and a short essay on        program is possible through        by as much as $500,000 – the inflation-adjusted lifetime
their goals and objectives for   the generosity of the Newt         earnings gap between high school graduates and college
attending college. An appli-     and Joanne Kindlund                graduates. That traditional pay gap continued to widen even
                                                                    during the country’s sluggish economic recovery. College
                                                                    grads made 98 percent more per hour on average last year
                                                                    than people without a degree – a new high. And you don’t
                                                                    have to graduate from an elite school to get the economic
                                                                    benefits, according to new data from the Department of
                                                                    Labor’s Economic Policy Institute. What matters is that you
                                                                    have a four-year degree.
                                                                         In general, the higher your level of education, the better
                                                                    your chance of being employed and earning more. n

                                                                     EARNINGS AND UNEMPLOYMENT RATES
                                                                        BY EDUCATIONAL ATTAINMENT

20   RV EXECUTIVE TODAY
Need
                       Money for
                        College?

College Scholarships Available from the Mike Molino RV Learning Center
More information and an application available at www.rvlearningcenter.com
  The Mike Molino RV Learning Center is a tax exempt organization as described in section 501(c)(3) of
the Internal Revenue Code. Contributions may be tax deductible as charitable donations. The scholarship
       program is made possible through the generosity of the Newt and Joanne Kindlund Family.
2 0 1 4 R V D E A L E R S I N T E R N AT I O N A L C O N V E N T I O N / E X P O

YOU ASKED FOR IT - YOU’VE GOT IT!
      NEW DATES: Nov. 10-14                               •       NEW LOCATION: Bally’s on the Las Vegas Strip

                     members said they                                                                           The Young RV Executives program,
      RVDA           wanted a convention                      EARLY BIRD FULL REGISTRATION RATE                  with events specifically focused on the
      location on the Las Vegas Strip                                                                            needs of younger executives and new
   and later dates so they could             SAVE                                                                managers, returns for a second year.
   bring more employees. Well, we                                      $599
                                                                         for first dealership
                                             30%!
   heard you! The 2014 RV Dealers
                                                                         registrant

   International Convention/Expo will                                  $499
                                                                         per each additional       Make the 2014 RV Dealers International
   be in the center of the action – Bally’s on
                                                                         registrant                Convention/Expo your destination for:
   the Las Vegas Strip – and take place a full                                                     • A rich learning experience bringing
   month later than previous years.                                                                together approximately 60 educational
                                                      If you’ve registered for the convention

       Between our new, central location and                                                       sessions on subjects driving your dealership
                                                      and want to bring employees to attend

   more convenient dates, this is the year to                                                      today
                                                      just the Vendor Training +Plus program,

   participate in the premier annual
                                                      you can register them for that program
                                                                                                   • A new education track dedicated to
   networking event for RV dealers.
                                                      for $195 per person. The Vendor
                                                                                                   social media and Internet-based marketing
       And flexible registration rates
                                                      Training +Plus badge will also give the

   combined with early bird discounts make                                                         • Business opportunities in the expo,
                                                      holder access to the expo and the

   it possible for more of your staff to share                                                     where dealers can meet more than 100
                                                      opening reception on Tuesday, Nov. 11.

   in this learning opportunity.                          RVDA dealer members only –               manufacturers, vendors, and suppliers
       Education is the passport to better-                       expires   6/30/14                • Mike Molino RV Learning Center’s
   managed, more productive dealerships,                                                           shorter, streamlined workshops for
                                 and this year’s                                                   dealers/GMs, service writers/advisors,
VENDOR TRAINING     +  Plus      convention   offers something    for            marketing   and sales staff, parts and service managers, and
                                 everyone. Vendor Training +Plus                 rental operators
   sessions will give you and your staff valuable face time with            • Partners in Progress dealer/manufacturer meetings, now
   vendors and business partners and are included in your full                             spread out from Monday through Thursday so
   registration. They’re also available at a special                                          dealers can attend more workshops
   low rate for employees who can only spend a
   day or two away from the dealership.                          FOR MORE INFO VISIT          • Social events and networking opportunities
  V
                                                             WWW.RVDA.ORG/CONVENTION
                                                                        AND REGISTER TODAY!

      Presented by:
                                                   The   Mike Molino                   Follow the conversation on:

  22
DEALER REGISTRATION FORM
1. Registration Information. Please copy this form if adding registrants.

  Company Name_______________________________________________________
  Phone ____________________________ Fax ______________________________
  Address ____________________________________________________________
  City______________________________ State/Prov________ Zip/PC____________
  Email ______________________________________________________________
                                                                                                                           Nov. 10-14, 2014
2. Registration Fees:                                                                          BEST                 Bally’s on the Las Vegas Strip
                                                                                              VALUE!

  First registrant locks in today’s lowest rate for all future dealership personnel!               Early Bird      Advanced            Late            Amount
                                                                                                    by 6/30         by 8/29
  First Registrant – includes Vendor Training +Plus, a $195 value!                                    $599            $659            $879         $
  Registrant Name ____________________________________________ Email ______________________________________________
  Badge First Name ___________________________________________ Please check here if you require special accommodations.                                     

  Second Registrant – includes Vendor Training +Plus, a $195 value!                                   $499            $599            $879         $
  Registrant Name ____________________________________________ Email ______________________________________________
  Badge First Name ___________________________________________ Please check here if you require special accommodations.                                     

  Third Registrant – includes Vendor Training +Plus, a $195 value!                                    $499            $599            $879         $
  Registrant Name ____________________________________________ Email ______________________________________________
  Badge First Name ___________________________________________ Please check here if you require special accommodations.                                     

  Fourth Registrant – includes Vendor Training +Plus, a $195 value!                                   $499            $599            $879         $
  Registrant Name ____________________________________________ Email ______________________________________________
  Badge First Name ___________________________________________ Please check here if you require special accommodations.                                     
  I would like to add a contribution to the Mike Molino RV Learning Center to promote education for our industry.*                                 $
                                        Dealership must have one full convention registrant to bring additional employees JUST for Vendor Training +Plus.
  VENDOR TRAINING + Plus ONLY           The cost is $195 per person and includes Vendor Training +Plus training on Monday, Nov. 10 and Tuesday, Nov. 11, and
                                        Tuesday’s reception in the Expo. Photocopy this form to add more registrants for Vendor Training +Plus.

  Name _________________________________ Badge First Name __________________ Email _____________________                                          $
   V _________________________________ Badge First Name __________________ Email _____________________
  Name                                                                                                                                            $
3. Payment Information:                                                                                                             TOTAL          $
   Full Amount or  Easy Pay (credit card only: 3 equal installments will             Check enclosed
  be charged to your credit card, first on date received, then at 30 and 60 days).    Charge my:  VISA          MasterCard         Amex        Discover
  If neither box is checked you will be charged the full amount in one payment.
  Name on Card _________________________________ Card #___________________________ Expires ________ Security Code _______
  Billing Address _________________________________ City ____________________________ State/Prov _____ Zip/PC ____________

MAIL OR FAX A COPY OF THIS FORM TO: RVDA of America, 3930 University Drive, Fairfax, VA 22030-2515 • (703) 591-7130 • Fax: (703) 359-0152 • www.rvda.org
                                             RVDA of Canada, 204-6411 Buswell St, Richmond, BC V6Y 2G5 • (604) 718-6325 • Fax: (604) 204-0154 • www.rvda.ca
CANCELLATION / REFUND POLICY: All cancellations must be in writing and received by August 31, 2014, to qualify for a refund. A $30 administrative fee will be
deducted from each refund request received by July 31, 2014. A $100 administrative fee will be deducted from each refund request received between August 1, 2014 and
August 31, 2014. No refunds will be made after August 31, 2014. *The Mike Molino RV Learning Center is a tax-exempt organization as described in section 501(c)(3) of
the Internal Revenue Code. Contributions may be tax deductible as charitable donations.                                                                        23
GO RVING PROMOTES RV TRAVEL THROUGH
 SPRING FEVER SWEEPSTAKES
                          ON OUTDOOR CHANNEL
                                                       Edited by RVDA Staff

F    or the third consecutive
     year, Go RVing partnered
with the Outdoor Channel to
                                                                                                       various social media platforms.
                                                                                                            The Spring Fever
                                                                                                       Sweepstakes received support
co-sponsor the network’s                                                                               both on-air and online with
popular Spring Fever                                                                                   four custom vignettes that
Sweepstakes.                                                                                           feature Outdoor Channel
      The sweepstakes kicked                                                                           personalities talking about the
off on April 1 and offered the                                                                         appeal of RVs for outdoor
grand prize winner the choice                                                                          enthusiasts. The Outdoor
of either a Lance 825 truck                                                                            Channel also promotes the
camper or a Lance 1575 travel                                                                          benefits of RV travel through
trailer. Lance Camper                                                                                  outdoorchannel.com, a custom
Manufacturing Corp. was                                                                                Spring Fever Sweepstakes
selected in a lottery among             In addition to completing     new element to this year’s       microsite, targeted emails, and
RVIA members to provide the        the online entry form for the      promotion. Entrants uploaded     the network’s social media
sweepstakes prize vehicle.         Spring Fever Sweepstakes,          photos depicting “My favorite    outlets, including a Go RVing
There were also outdoor-           participants could gain an         getaway” with a brief descrip-   co-branded trip itinerary
themed daily prizes awarded        additional entry by taking part    tion and were encouraged to      widget. n
during the sweepstakes.            in a photo contest that was a      share the photo and story on

IN THE NEWS:

Reorganized CalRVDA Holds Annual Conference

                                                                                CalRVDA members met on April 30 for
                                                                                their first annual conference in several
                                                                                years. Guest speakers included Bill
                                                                                Brennan of the California New Motor
                                                                                Vehicle Board, RVIA President Richard
                                                                                Coon, and RVDA President Phil Ingrassia.
                                                                                CalRVDA President Ernie Friesen and new
                                                                                executive director Terry McHale also
                                                                                addressed the group and discussed
                                                                                CalRVDA’s work to advance the RV
                                                                                industry in California. The group also
                                                                                honored recent past presidents Troy
                                                                                Padgett, Joey Shields, and Darrel Friesen.
From left: Phil Ingrassia, Troy Padgett, Joey Shields, Darrel Friesen, and
Ernie Friesen
24   RV EXECUTIVE TODAY
Get on board with Go RVing! Return this form TODAY!
Name: ______________________________________________________________________    Please enroll _____ dealership(s) at $225 each.
Company: __________________________________________________________________     Make checks payable to RVDA. q Check here for leads delivered by U.S. mail.
Address: ____________________________________________________________________   Credit card (circle): VISA MC DISCOVER AMEX
City: __________________________________________State: _____ Zip:____________   Credit card #: ___________________________________________ Exp. date: ________
Phone: ___________________________________ Fax:______________________________   Cardholder: ________________________________________Security code: ________
Email: ______________________________________________________________________   Signature: __________________________________________________________________
Dealer website: ____________________________________________________________
Fax to (703) 359-0152, or mail to RVDA, 3930 University Dr., Fairfax, VA,
22030. For more information, visit www.rvda.org or send an email to
info@rvda.org
26   RV EXECUTIVE TODAY
Online Training with FRVTA’s
    DISTANCE LEARNING NETWORK
FRVTA – The Mike Molino RV Learning                               tion sections. Also included are manufacturer- and
                                                                  supplier-specific advanced repair and troubleshooting
Center Partnership                                                classes designed to upgrade technicians’ skills.
$995 per year for each dealership location.                            Completion of these classes qualifies for recerti-
Over 50 sessions available, 24 hours a                                     fication hours. Classes are available 24/7
day, seven days a week, with full access                                      throughout the program year, providing
to training through July 31, 2014.                                             maximum flexibility.
The DLN offers your dealership:                                                 • Service Writers/Advisors – This
•   Onsite training                                                             three-hour program is valuable for both
•   Group training                                                             new staff and experienced personnel
•   No travel time or expenses                                                preparing for the RV Learning Center’s
•   Self-determined pace                                                    Service Writer/Advisor certification.
•   One fixed price of $995 for the
    subscription term                                              • Greeters/Receptionists – This 50-minute
                                                                  session is suitable for all employees who need
The DLN offers online training for:                               customer service skills. It includes a final exam and
                                                                  certificate of completion.
• RV Technicians – The certification prep course
  helps technicians get ready for the certification exam. • Dealers/GMs – This program features important
  Your subscription includes unlimited access to more       topics for management, including lemon laws, LP gas
  than 50 training sessions, reviews, and test prepara-     licensing issues, and the federal Red Flags Rule.

                                          DEALERSHIP REGISTRATION

    Company Name: ____________________________________________________________________________________________
    Address: ____________________________________________ City:________________________ State: ____ Zip: __________
    Phone: ______________________________________________ Fax: __________________________________________________
    Mentor Name: ________________________________________________________ Phone: ______________________________
    E-mail (at dealership) : __________________________________________________ Fax: ________________________________
          **High speed Internet access required. RVIA service textbooks not included**
    _____ location(s) at $995 each = payment due: $__________________ (select payment method below)

    PAYMENT METHOD               Note: prices are subject to change without notice. Complete lower section and mail or fax to:
    Florida RV Trade Association, 10510 Gibsonton Drive, Riverview, FL 33578, (813) 741-0488, Fax: (813) 741-0688
    q   PAY BY CHECK OR MONEY ORDER                 q    PAY BY VISA OR MASTERCARD
    Name on Credit Card: ______________________________________________________________________________________
    Card Number:__________________________________________________ Security Code: _________ Expires: ____________
    Card Billing Address: ________________________________ City:________________________ State: ____ Zip: __________
    Card Holder Signature: ______________________________________________________________________________________

                                                                                                                           11/2013
For more information, call (386) 754-4285 or go to https://www.fgc.edu/academics/occupational-programs/rv-institute/

                                                                                                                      JUNE 2014   27
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