DIS 2024 Agriculture Industry Trends Report

FOREWORD FROM THE GENERAL MANAGER

SHANE WALDEMAR General Manager, DIS

When I think about what the next year holds for dealers, I think about the pace of change in technology. Why? Because, as humans, we’re used to a world that changes at a steady pace. Take the ag business as an example – breeding new crops can take years, investments in equipment can take ages to pay off, and so on. Our industry is frequently making educated guesses about the future. Now, we have the power of data to help us in this era of rapid technological advancements. The ability to analyze large volumes of data is the key to unlocking valuable insights and making informed decisions for your dealerships’ best interests – to optimize inventory management, enhance customer experience, insights into what’s selling and not selling, and so much more. In this report, we share changes in the ag equipment market and in the world of dealership technology to help dealers be profitable in the year ahead.

What's Trending in 2024:

1. Adapting to Changing Market Conditions What Does the Market Look Like? Navigating the Terrain of Rising Prices Dealership Consolidation to Continue Is Autonomous Equipment the Future of Ag? Leveraging Data for Profitability 2. Finding, Hiring, & Retaining Talent The Marriage of Metal and Microchips

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The Link Between Productivity and Employee Happiness What Role Does Automation Play in Retaining Techs? Show Me the Data 3. Customer Retention & Attracting New Customers Customers Want More Personalized Interactions with Dealers Using Data to Enhance Your Dealership Customer Experience

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