The Outdoor Industry Association just released their 2012 Outdoor Recreation Economy Report. This report detail that status, trend and current state of the outdoor market and its economic impact on the United States. The outdoor industry continues to be an extremely large and sometimes under rated vertical in the US. The size and growth patterns present an enormous opportunity for companies to increase their revenues by garnering a larger share of the consumer spend. With strategic and tactical marketing efforts companies can position themselves to capitalize on the increasing spend for outdoor recreation products, trips and adventures.
Below are a few of the main take-aways from the Outdoor Recreation Economy Report.
- $646 billion in direct consumer spend
- $1120.7 billion in outdoor recreation product sales
- Approximately 5% annual growth between 2005 - 2001 (during the economic recession)
- Affiliate Program Management
- Social Media Management
- Pay Per Click Management
- Search Engine Optimization
- Media Buying Management