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The fall is upon us and once again we are getting
ready for our big industry rally. Once a year, the
diving industry gets together to celebrate its existence.
We attend or exhibit at the annual Dema Show with
expectations of meeting more customers or vendors.
We temporarily put our businesses on hold and invest
a few thousand dollars to attend. No one I’ve
talked with this year denies the fact that we need
an annual trade show to meet new customers and find
new vendors for products and services. The Dema Show
is still the biggest game in town and we know from
monitoring their web site, who will be exhibiting
at the show this year. A number of companies also
followed through by conducting primary research to
determine how many qualified retail buyers were attending
the show. So the venue is in place, the exhibitors
are preparing their presentations and the buyers
are making their plans to attend this annual event.
I can’t speak for the companies who are not
attending this year. They have to make their own
decisions based on what they feel is best for their
companies. But for those of us who are attending,
let’s capitalize on the fact that this show
provides us with an opportunity to be exposed to
so many people in only four days. The goal as your
association is to help our members make the most
out of any situation and to be proactively involved
in this industry. Read more about what we did this
year in our “Progress Report” to our
Members.
In our Business
Management section, we continue with
our Business Planning Series. In this article we
cover the finer points of the Industry Profile. The
more you know about your industry the better you
can compete with other businesses that are targeting
the same customers. An integral part of any business
plan, the Industry Profile section helps us to understand
how our business fits into the bigger picture. By
researching this topic for our plan, we learn about
the industry’s history, size, growth and future
trends. We become aware of its vulnerability to economic
trends and weather patterns, seasonal factors and
technological and regulatory issues. We become better
business people when we have a better understanding
of our industry’s channel of distribution and
who the key players are.
In our Company
Profile section,
we feature Susan Martin Inc. / Scuba Do Rag. A fantastic
little company
with a fantastic line of products, run by an extraordinary
woman. This woman-owned company is a great example
of the right person, having the right product for
the right market. Like all small business owners
Susan Martin’s story is one we can all learn
from.
Our redesigned web site includes
our Industry Trade Directory, a complete listing
of Shows & Events,
and all our new promotions at www.diveindustry.org.
On behalf of our 150 Members and Staff, we would
like to wish you success in the upcoming 2004 Holiday
Season. |