Business Articles

Behind the Counter - Our industry must reinvent itself

By Tom Palmer
Published: January 14, 2013

Prices getting too high? Manufacturing costs skyrocketing? Consumers wanting more for less? With consumer discretionary spending in a low cycle and the costs of manufacturing increasing, the hobby industry is at the apex of its own "perfect storm." But we can turn things around and ensure more good years to come provided we 1) rearrange, 2) retool, 3) rethink and 4) redo our successes from the past 10 years.

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