Twin Vee PowerCats Announces the Official Launch of BoatsForSale.com
Twin Vee PowerCats (Nasdaq: VEEE) has officially launched BoatsForSale.com, a new online marketplace for recreational boat sales. The platform, now migrated to Twin Vee's ISP infrastructure, offers authorized boat dealers 90 days of free listings.
The launch addresses growing industry concerns about rising marketing costs on traditional platforms, as highlighted in Trade Only Today. The new marketplace aims to provide dealers with lower marketing costs, increased lead generation, and alignment with Twin Vee's brand.
Key features of BoatsForSale.com include reduced listing fees compared to competitors, advanced search functions for better lead quality, and a dealer-centric approach focused on long-term partnerships. CEO Joseph Visconti emphasizes the platform's commitment to providing a fair, dealer-first marketplace that promotes transparency, efficiency, and affordability in the recreational boating industry.
Twin Vee PowerCats (Nasdaq: VEEE) ha ufficialmente lanciato BoatsForSale.com, un nuovo mercato online per la vendita di imbarcazioni da diporto. La piattaforma, ora migrata all'infrastruttura ISP di Twin Vee, offre ai concessionari di barche autorizzati 90 giorni di inserzioni gratuite.
Il lancio affronta le crescenti preoccupazioni del settore riguardo all'aumento dei costi di marketing sulle piattaforme tradizionali, come evidenziato in Trade Only Today. Il nuovo mercato mira a fornire ai concessionari costi di marketing ridotti, maggiore generazione di contatti e allineamento con il marchio Twin Vee.
Le caratteristiche principali di BoatsForSale.com includono tariffe di inserzione ridotte rispetto ai concorrenti, funzioni di ricerca avanzate per una migliore qualità dei contatti e un approccio incentrato sui concessionari focalizzato su partnership a lungo termine. Il CEO Joseph Visconti sottolinea l'impegno della piattaforma a fornire un mercato equo, orientato ai concessionari, che promuove trasparenza, efficienza e accessibilità nell'industria della nautica da diporto.
Twin Vee PowerCats (Nasdaq: VEEE) ha lanzado oficialmente BoatsForSale.com, un nuevo mercado en línea para la venta de barcos recreativos. La plataforma, ahora migrada a la infraestructura ISP de Twin Vee, ofrece a los concesionarios de barcos autorizados 90 días de anuncios gratuitos.
El lanzamiento aborda las crecientes preocupaciones de la industria sobre el aumento de los costos de marketing en plataformas tradicionales, como se destacó en Trade Only Today. El nuevo mercado tiene como objetivo proporcionar a los concesionarios costos de marketing más bajos, mayor generación de leads y alineación con la marca Twin Vee.
Las características clave de BoatsForSale.com incluyen tarifas de listado reducidas en comparación con los competidores, funciones de búsqueda avanzadas para una mejor calidad de leads y un enfoque centrado en los concesionarios enfocado en asociaciones a largo plazo. El CEO Joseph Visconti enfatiza el compromiso de la plataforma de proporcionar un mercado justo, centrado en los concesionarios, que promueve la transparencia, la eficiencia y la asequibilidad en la industria de la navegación recreativa.
Twin Vee PowerCats (Nasdaq: VEEE)는 BoatsForSale.com을 공식 출시했습니다. 이는 레크리에이션 보트 판매를 위한 새로운 온라인 마켓플레이스입니다. 현재 Twin Vee의 ISP 인프라로 이전된 이 플랫폼은 인증된 보트 딜러에게 90일간 무료 목록을 제공합니다.
이번 출시는 Trade Only Today에서 강조된 전통적인 플랫폼에서의 마케팅 비용 증가에 대한 산업의 우려를 해결합니다. 새로운 마켓플레이스는 딜러에게 낮은 마케팅 비용, 증가된 리드 생성 및 Twin Vee 브랜드와의 정렬을 제공하는 것을 목표로 합니다.
BoatsForSale.com의 주요 특징으로는 경쟁사에 비해 낮은 등록 수수료, 더 나은 리드 품질을 위한 고급 검색 기능, 장기 파트너십에 중점을 둔 딜러 중심 접근 방식이 있습니다. CEO Joseph Visconti는 플랫폼이 레크리에이션 보트 산업에서 투명성, 효율성 및 경제성을 촉진하는 공정한 딜러 우선 마켓플레이스를 제공하겠다는 약속을 강조합니다.
Twin Vee PowerCats (Nasdaq: VEEE) a officiellement lancé BoatsForSale.com, un nouveau marché en ligne pour la vente de bateaux de loisirs. La plateforme, désormais migrée vers l'infrastructure ISP de Twin Vee, offre aux concessionnaires de bateaux autorisés 90 jours d'annonces gratuites.
Ce lancement répond aux préoccupations croissantes de l'industrie concernant l'augmentation des coûts de marketing sur les plateformes traditionnelles, comme souligné dans Trade Only Today. Le nouveau marché vise à fournir aux concessionnaires des coûts de marketing réduits, une génération de leads accrue et un alignement avec la marque Twin Vee.
Les caractéristiques clés de BoatsForSale.com comprennent des frais d'inscription réduits par rapport aux concurrents, des fonctions de recherche avancées pour une meilleure qualité des leads, et une approche centrée sur les concessionnaires axée sur des partenariats à long terme. Le PDG Joseph Visconti souligne l'engagement de la plateforme à fournir un marché équitable, axé sur les concessionnaires, qui favorise la transparence, l'efficacité et l'accessibilité dans l'industrie du nautisme de loisirs.
Twin Vee PowerCats (Nasdaq: VEEE) hat offiziell BoatsForSale.com gestartet, einen neuen Online-Marktplatz für den Verkauf von Freizeitbooten. Die Plattform, die nun auf die ISP-Infrastruktur von Twin Vee migriert wurde, bietet autorisierten Bootshändlern 90 Tage lang kostenlose Inserate.
Der Start geht auf die wachsenden Bedenken der Branche hinsichtlich steigender Marketingkosten auf traditionellen Plattformen ein, wie in Trade Only Today hervorgehoben. Der neue Marktplatz zielt darauf ab, Händlern niedrigere Marketingkosten, eine erhöhte Lead-Generierung und eine Ausrichtung auf die Marke Twin Vee zu bieten.
Zu den Hauptmerkmalen von BoatsForSale.com gehören reduzierte Listungsgebühren im Vergleich zu Wettbewerbern, erweiterte Suchfunktionen für eine bessere Lead-Qualität und ein händlerzentrierter Ansatz, der auf langfristige Partnerschaften ausgerichtet ist. CEO Joseph Visconti betont das Engagement der Plattform, einen fairen, händlerorientierten Marktplatz zu bieten, der Transparenz, Effizienz und Erschwinglichkeit in der Freizeitbootindustrie fördert.
- Launch of new revenue stream through BoatsForSale.com platform
- Strategic expansion into digital marketplace sector
- Potential for increased market share in boat sales industry
- Significant competition from established online platforms
- Initial revenue impact may be due to 90-day free trial period
- Success dependent on dealer adoption and platform performance
Insights
Twin Vee's launch of BoatsForSale.com represents a strategic diversification beyond manufacturing into the digital marketplace space. This move directly addresses dealer pain points mentioned in the article regarding rising marketing costs on traditional platforms, potentially positioning Twin Vee to capture a slice of the recreational boat listing market.
The 90-day free listing offer serves as both a market penetration strategy and a low-risk trial for dealers to evaluate the platform's effectiveness. What's particularly interesting is how this initiative could transform Twin Vee's business model by adding a potentially recurring revenue stream with higher margins compared to manufacturing operations, which typically have seasonal cyclicality.
For a company with a $6.4 million market cap, this digital initiative could become meaningful if successful, though investors should note several execution challenges. First, marketplace businesses require significant technology and marketing investments to reach critical mass. Second, Twin Vee will face entrenched competitors with established dealer networks. Third, the article doesn't specify the post-trial monetization strategy, which is important for evaluating potential returns.
This initiative leverages Twin Vee's industry relationships but tests their capability in a completely different operational arena. The success will ultimately depend on dealer adoption rates and Twin Vee's ability to create a sustainable competitive advantage in a space where they're not traditionally positioned.
Twin Vee's BoatsForSale.com launch addresses a specific market gap highlighted by dealer frustration with existing platforms. The timing is strategic, capitalizing on industry discontent referenced in Trade Only Today, creating an opening for a dealer-friendly alternative.
The 90-day free listing period is a classic customer acquisition strategy designed to build platform adoption and create switching momentum. However, the real challenge comes after this period when Twin Vee must demonstrate sufficient value to convert free users to paying customers.
From a platform development perspective, Twin Vee faces the classic "chicken and egg" marketplace dilemma: dealers want platforms with buyers, while buyers seek platforms with comprehensive inventory. The company must leverage its industry position to rapidly populate the platform with quality listings while simultaneously driving qualified buyer traffic.
The platform's success hinges on three key factors: 1) creating a meaningfully differentiated user experience from established competitors, 2) developing a pricing model that remains attractive after the free period expires, and 3) driving sufficient traffic through digital marketing channels to generate high-quality leads for dealers. While Twin Vee has industry credibility as a manufacturer, this doesn't automatically translate to expertise in managing digital marketplaces, which require continuous optimization and significant investment to remain competitive.
90 Days Free for All Authorized Recreational Boat Dealers
FORT PIERCE, FL / ACCESS Newswire / February 28, 2025 / Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, is thrilled to announce the official launch of www.BoatsForSale.com. The platform has been successfully migrated to Twin Vee's own ISP infrastructure, marking what will be the beginning of a new era in online boat sales. With this move, Twin Vee PowerCats is "open for business" and inviting all authorized recreational boat dealers in the United States to take advantage of 90 days of free listings.
Twin Vee is committed to offering an innovative, dealer-friendly alternative that reduces marketing costs, increases lead generation, and provides access to one of the most dynamic and growing recreational boat marketplaces
Addressing Industry Concerns: A Cost-Effective Solution for Dealers
A recent article in Trade Only Today highlighted the growing unrest among boat dealers due to increasing marketing expenses on traditional online platforms. Dealers have expressed frustration with rising costs and restrictive policies, making it harder to remain competitive. Recognizing this industry-wide challenge, Twin Vee has launched BoatsForSale.com as a fresh alternative - an affordable, efficient, and results-driven digital marketplace designed to meet the needs of boat dealers nationwide.
Why BoatsForSale.com?
BoatsForSale.com is more than just a listing site - it is a next-generation digital marketplace designed specifically to address the challenges boat dealers face. By leveraging Twin Vee's extensive industry experience and digital expertise, the platform provides a cost-effective, high-performance solution that maximizes dealer profitability.
Key benefits of BoatsForSale.com include:
Lower Marketing Costs: Dealers can list their inventory without the high fees imposed by other platforms.
Increased Lead Generation: Advanced search functions, optimized targeting, and a seamless user experience help ensure high-quality leads from serious buyers.
Alignment with a Premier Brand: Partnering with Twin Vee means joining forces with a well-renowned manufacturer in the recreational boating industry.
Dealer-Centric Approach: Unlike competitors that prioritize profits over partnerships, Twin Vee is dedicated to fostering long-term relationships with dealers by providing value-driven services and competitive advantages.
90 Days of Free Listings for All Authorized Dealers
To celebrate the official launch, Twin Vee is offering all authorized recreational boat dealers 90 days of free listings on BoatsForSale.com. This limited-time offer provides an opportunity to experience the platform's advantages without any upfront costs, ensuring dealers can evaluate the effectiveness of the marketplace firsthand.
"We understand the concerns that dealers have voiced regarding the rising costs of marketing their inventory," said Joseph Visconti, CEO of Twin Vee PowerCats. "The boating industry thrives on innovation, passion, and community - values that are central to our mission. With BoatsForSale.com, we are providing a powerful, dealer-friendly solution that is built by industry experts who understand the business. We welcome all boat dealers across the U.S. to explore our platform, take advantage of 90 days of free listings, and join a marketplace designed for their success."
The Need for a Fresh Alternative
Industry discussions and dealer feedback underscore the urgent need for a fair and dealer-first marketplace. Many existing platforms impose high listing fees and restrictive policies that limit dealer profitability. BoatsForSale.com aims to bridge this gap by providing a platform that prioritizes fair pricing, advanced technology, and superior service.
With a history of manufacturing high-performance power catamarans and a deep understanding of the evolving needs of boat buyers and sellers, Twin Vee PowerCats is uniquely positioned to lead this initiative. BoatsForSale.com will become the premier online marketplace for recreational boat sales by offering transparency, efficiency, and affordability.
About Twin Vee PowerCats Co.
Twin Vee PowerCats Co. manufactures Twin Vee and AquaSport boats. The Company produces a range of boats designed for activities including fishing, cruising, and recreational use. Twin Vee PowerCats are recognized for their stable, fuel-efficient, and smooth-riding catamaran hull designs. Twin Vee is one of the most recognizable brand names in the catamaran sport boat category and is known as the "Best Riding Boats on the Water™." The Company is located in Fort Pierce, Florida, and has been building and selling boats for 30 years. Learn more at twinvee.com.
Visit Twin Vee PowerCats Co. on Facebook, Instagram, and YouTube.
Visit AquaSport on Facebook and Instagram.
About BoatsForSale.com
BoatsForSale.com has been launched as a revolutionary online marketplace designed to connect boat buyers and sellers in a seamless, cost-effective manner. With a commitment to lowering dealer marketing costs while increasing lead generation, BoatsForSale.com aims to transform the way boats are bought and sold online. The platform provides dealers with enhanced visibility, powerful sales tools, and an intuitive interface to ensure an optimal experience for both sellers and buyers.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements and include statements regarding the launch of BoatsForSale.com marking the beginning of a new era in online boat sales, offering an innovative, dealer-friendly alternative that reduces marketing costs, increases lead generation, and provides access to one of the most dynamic and growing recreational boat marketplaces, BoatsForSale.com meeting the needs of boat dealers nationwide, the platform addressing the challenges boat dealers face, providing a cost-effective, high-performance solution that maximizes dealer profitability, ensuring high-quality leads from serious buyers, Twin Vee being uniquely positioned to lead this initiative, BoatsForSale.com becoming the premier online marketplace for recreational boat sales, Twin Vee redefining the boating experience and BoatsForSale.com transforming the way boats are bought and sold online. These forward-looking statements are based on management's expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company's ability to transform the way boats are bought and sold online with its launch of BoatsForSale.com, and the risk factors described in the Company's Annual Report on Form 10-K for the year ended December 31, 2023, the Company's Quarterly Reports on Form 10-Q, the Company's Current Reports on Form 8-K and subsequent filings with the SEC. The information in this release is provided only as of the date of this release, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events, except as required by law.
Contact:
Glenn Sonoda
investor@twinvee.com
SOURCE: Twin Vee PowerCats Co.
View the original press release on ACCESS Newswire
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