Specialty retailers throughout Canada and the U.S. continue to experience robust growth in the hot tub sector. One of the major challenges faced by hot tub retailers is the profitable sale of chemicals. In the past, spa water chemicals used to yield significant profit margins; however, due to competition from big-box retailers and online merchandisers, those margins have just about disappeared.
To help ensure their companies and stores maximize their profits and make data-driven decisions, this is the year savvy pool and spa professionals are embracing technology and various business software solutions to improve their business practices and combat possible uncertainty next season. Here are a few of the latest trends emerging in the industry.
During the process of creating business plans for the season to come, many pool and hot tub industry experts shared their insight on new trends that are emerging and why they should be harnessed to take one’s business to the next level this year.
In 2020, and continuing into 2021, everyone spent a great amount of time in their homes due to the COVID-19 pandemic. Through this time, homeowners have become increasingly familiar with the spaces in which they reside. This includes coming to notice features and functions that define the interior and exterior design of the rooms in which one works, as well as the backyard where they relax and entertain. This time has … Continue reading What is in store for pool finishes in 2021?
Respondents to Pool & Spa Marketing’s annual survey expressed several frustrations with their jobs, specifically the amount of overtime they have to work.
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