More positive news for manufacturers of agricultural machinery and equipment: is the bottom near?
Economic data for the last quarter of the year shows that better times are ahead for manufacturers and sellers of agricultural machinery and equipment, according to analysts at Fusable, an Alabama, USA-based database management company.
In the latest edition of the„Moving Iron Podcast“, Casey Seymour‘ and Jon Wommack‘highlighted that the market is showing signs of improvement in the fourth quarter of this year, and that the increase in sales is expected to be driven by the proactive measures taken by the marketing leaders.
„Price stability is prevailing in the market and all indicators point to the possibility that we may be approaching the bottom of the market,“ explains „Fusable“ which works with many well-known agricultural equipment manufacturers and distributors.
It also highlights that inventory management is still a major challenge for distributors, but it is feedback from dealers that helps manufacturers to better develop their marketing strategies.
„Fusable“'s data analytics services are used by „John Deere“, „Volvo“, „Hitachi“, „Kubota“, „CAT“, and other well-known brands.
