Dealers Target Precision Growth Needs

Posted Jul 14, 2016 in Blog & Industry News

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As farm equipment dealers continue to emphasize areas of opportunity, precision growth remains a priority for many. So what areas are dealers targeting as long-term precision profit centers?

According to the recently published 4th Annual Precision Farming Dealer benchmark study, dealers view variable-rate systems, seeding and application technology as their best bets for increasing revenue during the next 5 years.

Based on a categorical evaluation by dealers, variable-rate planting and fertilizing technology topped the list with 64% identifying this area as most important or important for precision growth.

Source - On The Record: Dealers Point to Improvements in Sales and Outlook

Ranking second was planter and seeding control systems at just over 60%, followed by application technology hardware at about 52%. Rounding out the top 5 were data management service at 46% and GPS and guidance systems at about 42%.

Looking at how these rankings compare to last year’s benchmark study, variable-rate technology again topped of the list, with more than 70% of dealers viewing this area as most important or important. Planter and seeding control ranked second at just over 58%, followed by a third place tie between application technology and data management service, both with about 55%.

Rounding out the top 5 last year, were GPS and guidance at 50% and signal subscriptions at about 46%.

Even as dealers begin to transition into more service-based revenue sources, it’s clear that many will continue to rely on hardware and components as the backbone for precision revenue in the coming years.

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Clean Seed along with our friends at Rocky Mountain Equipment are counting down the days to the start of Ag in Motion - Western Canada's Outdoor Farm Expo! Clean Seed is proud to be a part of the 2016 Ag In Motion Opening Ceremony @ 10am July 19th along with one of our award winning SMART Seeders opening the shows LIVE demonstration programs.

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