First Quarter Conference Call May 9, 2013 - Dorel Industries
First Quarter Conference Call May 9, 2013 - Dorel Industries
First Quarter Conference Call May 9, 2013 - Dorel Industries
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FINAL TRANSCRIPT<br />
<strong>May</strong> 9, <strong>2013</strong> – 01:00 p.m. E.T.<br />
<strong>Dorel</strong> <strong>Industries</strong> <strong>First</strong> <strong>Quarter</strong> Results<br />
As far as tailing off, I mean, you can never, when you have a brand like Cannondale, you<br />
can't stop spending.<br />
Derek Lessard<br />
Okay.<br />
Jeffrey Schwartz<br />
You know, we might… we might reduce the growth over time because, and you know,<br />
that's a possibility. But we're not going to reduce the spending on the category.<br />
Martin Schwartz<br />
And also, social media costs are very minimum. So increasing, you know, we're going to be<br />
increasing focus that. But like Jeffrey says, you know, we just can't walk away from promoting the<br />
brand.<br />
Derek Lessard<br />
Okay, and fair enough. And just maybe an update on your… on the Guru Fit system and the<br />
pilot project, where you're at.<br />
Jeffrey Schwartz<br />
Well, it's going well. We've got 50 units out there. We're finding big success with a large<br />
group of them, and some of the dealers are not successful with it. And we're right now finding out<br />
the reasons why, and we're seeing… It's basically a behavioural issue on how some dealers use the<br />
product and others dealers. So we're taking the sort of best practices and implementing them on<br />
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