Showing posts with label snowboard business. Show all posts
Showing posts with label snowboard business. Show all posts

Friday, November 20, 2009

Snowboarder participation

In one of my previous blog, I wrote about the latest SIA report and how the number of snowboarders has decreased since 2004.

While an excellent snow season certainly helps boost the sales like in 2008 and be a good equalizer. It is obvious that the snowboard industry is facing numerous threats.

U.S economy
More than one out of every six workers — 17.5 percent — were unemployed or underemployed in October. And it is close to 20% in States that experienced a big housing bubble (like Ca, Az, Fl) or have large manufacturing sectors, like Michigan, Ohio, Oregon, Rhode Island and South Carolina. Additionally sales in snowboarding have shown a market decrease over the past years. One of the reason is that the initial participant demographic has aged and while there is a new market niche (older snowboarders), O\overall they are not being replaced like-for-like by younger participants.

Generation "Millenial"
It is obviously the most important target for the snowboard industry but it has to compete with other leisure activities such as freeskiing, street sports as well electronic entertainment (online game, videos..).

A bruising sport
15% of people that try snowboard go on to become core snowboarders. Rental equipments are usually pretty bad and so are group instruction. Again before buying all the gear for my wife, the boots and bindings she rented were terrible. Then she went into a 4 hours group lesson while I was hitting the snowpark. After two hours I could see that they couldn't take care of everyone in the group and she didn't make any progress and had numerous bruises. While many of those beginners gave up, I decided to be her instructor and buy her sick equipments.... 4 hours later she was riding by herself.

Demos, Contest & Programs
For the past few years, resort and companies have developped several programs to get the mainstream youth to try the sport and get hooked up such as LTR, SOS, Chill, demo days and big contests. In addition new board designs have stepped up to facilitate the fun and learning curve.

Downtwon Rail Jam contests are an excellent way to reach the wider audience and also show kids that you may not need lift tickets to have fun on a snowboard. Just like skateboarding, find some good rails and build a little kicker could be enough to enjoy this exciting sport.

"Hosted by Salomon Snowboards and The Art Institute of Colorado, the homegrown rail jam brings the best up and coming pros and amateurs from the Rocky Mountain region and beyond to compete in the heart of Denver's Golden Triangle District on November 21st.

Visit the John Jellico Gallery at The Art Institute of Colorado during the event to browse one-of-a-kind snowboards, all individually designed by Art Institute of Colorado students, alumni and potential students as part of a selective design competition. Over 30 designed snowboards will be on display in the gallery.

The event is free, open to the public and will include food, refreshments and a wide range of entertainment options. Games, giveaways, autograph signing with pro riders and a DJ booth will all be a part of the day's activities."

Friday, September 18, 2009

SIA 2008/2009 report



However it is important to note that each brand may appeal to a different market, here is an example from Ride corporate info:

"At the end of the 07/08 season, based on rider submissions & Ride Chronicle registrations, Ride's demographics are approximately 85% Male and 15% Female, with the largest age grouping being 18-24 years old. On average, $300 - $600 is spent annually on snowboard gear, and though over 20% of respondents are lucky enough to get over 50 days a year on the slopes, most ride 11-30 days, which is well above the reported industry average of 9 days per season. And there you have it!"

Note: I found those diapositives on transworld business site


We received the following insight from SIA's research guru Kelly Davis explaining the growth in snowboarder visits:
Participation was up across the board for 2008. It correlates with the 60.5 million (a new record) skier/rider visits to resorts reported for the 2007/08 season when La NiƱa conditions brought record snowfall to alpine resorts across the U.S (there were 57.4 million skier rider visits reported in the 2008/09 Kottke End of Season report). According to the NSGA Sports Participation Study, alpine skiing participation was up almost 19% and snowboarding was up 16% for 2008. The sample for the NSGA study is a bit small so we triangulate the results with the Kottke Skier/Rider visits report issued by NSAA and another participation study SIA sponsors along with OIA, SGMA, tennis, golf, NCPPA and others that includes 41,500 responses. We have two seasons of data from that study and cannot use it yet to trend participation, however, for now it serves as a good check on the trends reported by NSGA and a better view of the actual number of snowboard participants. Additionally, that study looks at participation by season rather than by year. The NSGA and the larger SIA Participation Panel study correlate well:

NSGA Participation Study (participated at least 2 times in the given year) – 5,063,000 riders in 2007 and 5,854,000 riders in 2008
SIA Participation Panel Study (participated at least 2 times in the given season) – 5,874,000 for 2006/07 and 6,099,000 riders in 2007/08

Monday, December 15, 2008

SIA report / December 08



Note: Internet sales had the highest average price tag of all channels for every category other than bindings.
Note: Snowboard apparel sales were up 8% in specialty shops, an increase that was eclipsed by the 164% increase in online sales of snowboard apparel in 2007.08.


Those diapositive were found on transworld (business section)