2013 Edition of the Cost of Doing Business Survey Is Now Available! | |
NSGA is excited to announce that the 2013 edition of the Cost of Doing Business Financial Survey is now available.
Compiled every two years, the report provides sporting goods stores and financial organizations with up-to-date comparative financial information and benchmarks. Besides Balance Sheet and Income Statement data, the survey includes a wide variety of profitability, productivity, and financial management measures. It also provides detailed margins and turnover data separately for equipment, footwear, and clothing.
A few ways in which this report can help include the following:
1) The U.S. Small Business Association contends that borrowing money is still one of the most common sources of funding small businesses. Aside from the information on cash flow, collateral, and expenses, lenders may also require benchmarks.
2) Compare inventory turnover rates, defined as cost of goods sold divided by ending or average inventory.
3) Determine productivity of sales staff by analyzing payroll expenses as it relates to operating margin.
Please click here to learn more about ordering your copy of the report.
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Median Age Analysis for Sports Fan Attendance | |
Inquiries are often received by NSGA regarding the demographics of fans attending a variety of sporting events. Retailers, team dealers, and manufacturers use this information to develop strategies as to where and to whom marketing efforts should be focused. SBRnet has released an age analysis of sports fan attendance that compares the median age for all attendees vs. frequent attendees (frequency range from 2+ times per year to 16+ times per year, depending on the sport) for all sports categories measured in SBRnet's 2012 Fan Market Study.
The snapshot below illustrates that in 8 of the 14 sports tracked the frequent attendees tend to be older than the overall base of attendees. The exceptions are MLS, Fishing (Pro-Bass), and NASCAR, where frequent attendees are younger than overall attendees. Median age for frequent vs. overall attendees is the same for MLB, NBA, and Minor League Hockey.
For more information regarding this study please contact SBRnet at (609) 896-1996 or visit www.sbrnet.com.
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Some Shooters Turning to Reloading to Save on Ammunition Costs |
 With soaring ammunition costs and shortages of cartridges on store shelves making headlines in recent months, many shooters are wondering how they are going to find or afford enough rounds to keep enjoying their sport as much as they always have. For some, the answer (at least a partial one) has been found in reloading their own ammunition. A recent ShooterSurvey.com and HunterSurvey.com poll found that approximately one-in-four respondents, just over 26 percent, said they reload.
Of those who participate in the activity, the top reason cited was to save money, followed closely by wanting to improve accuracy. The chief motivations for reloading are: to save money (86%), to improve accuracy (72%), to obtain rounds difficult to find in stores (34%), and to reduce waste (28%).
Of those who chose other, the majority wrote in that they reload for fun, relaxation, and enjoyment. Respondents could check more than one reason.
"Some people view reloading as a niche activity though these results show, with as many as a quarter of avid shooters assembling their own rounds, it is a popular activity," says Rob Southwick, president of Southwick Associates, which designs and conducts the surveys at HunterSurvey.com, ShooterSurvey.com and AnglerSurvey.com.
Among the types of ammunition reloaded, rifle leads the way with 79 percent of reloaders putting together those rounds, followed by 60 percent who assemble handgun cartridges and 28 percent loading shotshells. Some people who reload do so with multiple types of ammunition.
For more information, please visit www.southwickassociates.com.
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Slight Marathon Growth in 2012 Excluding Cancelled ING New York City Marathon |
 Running USA recently released its 2013 Annual Marathon Report, which shows that the estimated number of U.S. marathon finishers declined 6% vs. 2011. However, this decline was driven by the cancellation of the ING New York City Marathon, the world's largest marathon with more than 47,000 finishers or 9% of the 2011 overall finisher total.
Comparing the same U.S. marathons between 2011 and 2012 (excluding the ING New York City Marathon), there was a 1.6% increase in marathon finishers. Over the past 15 years, U.S. marathons have averaged just under 2.5% finisher growth per year. Some of the marathons' smaller overall finisher percent growth can be attributed to the popularity of the half marathon, the fastest growing road race in the U.S. since 2003.
For additional details including U.S. marathon demographics, please visit Running USA's website (www.runningusa.org) or click here.
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February CPI for Sporting Goods Decreased 1.2% vs. February 2012 |
The CPI for Sporting Goods decreased in February (-1.2% change vs. Feb. 2012). This is the second consecutive decrease after 4 months of being flat or increasing. The Sporting Goods CPI for the 2012 calendar year ended at 91.9, -1.1% vs. 2011, while all items finished the 2012 year +2.1%.
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Secure Your Hotel Room & Register for the Management Conference & Team Dealer Summit | |
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