International Boat Industry – June-July 2019

(Wang) #1
 Marquis Yachts
CEO Rob Parmentier

36 JUNE–JULY 2019 | International Boat Industry ibinews.com


Markets & Regions


PROFILE | MARQUIS YACHTS


I


n The Art Of War, military strategist
Sun Tzu writes that the surest path
forward is to launch from a position
of strength – precisely the approach that
Pulaski, Wisconsin-based Marquis Yachts
has adopted in its campaign for global
market share in the luxury yacht segment.
The venerable nameplate raised
eyebrows industry-wide last July when
president and CEO Rob Parmentier
announced that the company had
discontinued its entire yacht lineup in
order to focus on developing new product.
Marquis raised eyebrows again in January,
when it sold off its Larson powerboat
brand to Polaris, exiting the small boat
business in order to focus on yacht
production alone. Parmentier notes that
both steps were essential in order for the
company to properly leverage its entire
400,000ft^2 production facility and 330

new 46 Command Bridge coming out and
then we’ll be doing some upgrades to the
other units.”
Parmentier notes the new 46 will set
a new direction for future Carver models
to follow. He’s excited about the new
direction which, he says, will better serve
the tastes and needs of today’s buyers.
“It’s a big market, with a void created
by the exit of Sea Ray. Sea Ray had
40% market share, which we’re all
now filling. There was also the exit
of Meridian, and we’ve been filling
that void as well.”

LEXUS PARTNERSHIP
Perhaps no new launch
at this autumn’s
Ft Lauderdale
International
Boat Show

employees on the all-new yacht designs.
“We put together a congruent strategy with
Carver as the bread-and-butter line,” he
says. “Our luxury yacht line will be Lexus,
and then there will be Marquis.”

THE FAMILY FAVOURITE
Over a span of almost seven
decades, Carver Yachts has
established itself as one of the
globe’s leading yacht brands,
with more than 250,000 vessels
built and shipped worldwide.
“It’s a very iconic brand that
has a strong customer base and
retention ratio,” notes Parmentier.
“We build to what those
consumers like. We have a

IT TAKES A LOT OF NERVE TO DISCONTINUE YOUR ENTIRE PRODUCT LINE SO YOU CAN FOCUS
ALL RESOURCES ON MOVING AHEAD. BUT FOR MARQUIS YACHTS, IT’S A GAMBLE THAT THE
COMPANY BELIEVES WILL PAY OFF HANDSOMELY

WORDS: CRAIG RITCHIE

To boldly go


 The Lexus LY 650 will officially debut at
the 2019 Ft Lauderdale International Boat Show
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