Articles by Kim Schmidt

Kim Schmidt
From the Desk of Kim Schmidt

‘Playing Chicken’ with Trade Policy

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

Increasing Parts Sales in Your Dealership [Webinar]

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

What Determines Used Equipment Values?

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

Deere, CNH Argue North Dakota Dealer Law is ‘Anti-Competitive’

It’s been just over a year since Case IH’s revised sales and service agreement was making waves. At that time, Matthew Larsgaard, president/CEO of the North Dakota Implement Dealers Assn., highlighted 11 provisions that represent major concerns in the agreement that dealers needed to be aware of. Since then, dealer purity issues haven’t been making much noise.
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Wider World of Business

5 Questions to Ask Yourself to Encourage Employees to Speak Up

If you are in an influential position, you have probably said words to the effect of “My door is always open.” You likely meant this declaration very genuinely. You might well feel that you are a pretty approachable sort of person and that others feel comfortable coming to you with their issues and their ideas.
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Precision Farming Dealer Summit

‘Look in the Mirror’ When Branding Your Precision Business

Three dealers discuss how they created a marketing strategy focused on making precision profitable.
The first step to establishing a brand for your precision business is taking a look in the mirror and figuring out what exactly you are or what you want to be. You need to look at how you’re different from not just your neighbors but different regions, says Kevin Depies.
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