{"id":998,"date":"2021-08-16T10:21:03","date_gmt":"2021-08-16T10:21:03","guid":{"rendered":"https:\/\/panel.nautiqueyachting.com\/entrepreneur-in-yachting\/"},"modified":"2022-11-14T10:53:44","modified_gmt":"2022-11-14T10:53:44","slug":"entrepreneur-in-yachting","status":"publish","type":"post","link":"https:\/\/panel.nautiqueyachting.com\/tr\/entrepreneur-in-yachting\/","title":{"rendered":"Entrepreneur in Yachting"},"content":{"rendered":"<p>Onur Erardag, founder of brokerage firm Nautique, tells SYT how he found his feet in business By Rebecca Smurthwaite.<\/p>\n<div class=\"column mcb-column mcb-item-lnrfg1vm2 one column_column\">\n<div class=\"column_attr clearfix\"><strong>Please introduce yourself and give an overview of Nautique Yachting:<\/strong><\/p>\n<p>I grew up in a yachting family, so sailing has always been part of my life. From the age of seven, I competed in sailing regattas and I was in the Turkish national team. I moved to the Netherlands to study International Business Management and after graduation, I moved back to Turkey. I have always spent my life on, or around, boats and I had always wanted to start my own business. Eventually, I met with a Dutch partner and together we started Nautique. At first, Nautique was mainly just products, supplying composites, accessories and build materials to shipyards. But over the course of our first year, my partner introduced me to a new side of the industry, that being of course, buying and selling yachts.<\/p><\/div>\n<div><\/div>\n<\/div>\n<div class=\"column mcb-column mcb-item-l7fl6splr one column_column\">\n<div class=\"column_attr clearfix\"><strong>Tell us about your entrepreneurial story \u2014 how did you come to found the brokerage?<\/strong><\/p>\n<p>I founded the company in 2010, and transformed it into a brokerage firm a year later. I was more interested in the yachting division than the product side. My partner moved to the United States, and I took over the company. We were one of the first brokerage firms to bring European yachts to Turkey. We built up a very good network, I represented Dutch brands in Turkey, we worked with the best maritime lawyers and surveyors in the industry, we moved into the charter, new-build and management sectors, and from there continued to grow exponentially.<\/p><\/div>\n<div><\/div>\n<\/div>\n<div class=\"column mcb-column mcb-item-iq4jhw75b one column_column\">\n<div class=\"column_attr clearfix\"><strong>You have had a very successful first half of the year, what is the key to your success?<\/strong><\/p>\n<p>We were the first company in Turkey to work with European brands, and we managed to build an extremely strong customer base. Clients ring us directly because they know we have experience within an international business framework, and many are return clients. It\u2019s a cycle \u2014 a client gets involved, starts small, then wants to go bigger and bigger. I believe you have to live the same lifestyle as your clients, that way you build trust, you are in the game and know what your client wants and the product very well.<\/p><\/div>\n<div><\/div>\n<\/div>\n<div class=\"column mcb-column mcb-item-kydt7jdix one column_column\">\n<div class=\"column_attr clearfix\"><strong>You operate across a variety of regions. Do you see a disparity in sales between them, or is the market quite linear at the moment?<\/strong><\/p>\n<p>There is definitely a disparity between certain markets. Take the Turkish, EU and American markets, the most important difference between them is the client\u2019s purchasing behaviour. The Turkish market is much more price-oriented, and whilst the EU and American market is also like that, buyers are more experienced in yachting due to their history, so they prioritise other details too. I am lucky because I lived in the Netherlands for a long time, which means I can adapt and act according to my client\u2019s mindset.<\/p><\/div>\n<div><\/div>\n<\/div>\n<div class=\"column mcb-column mcb-item-4i3pl6gh8 one column_column\">\n<div class=\"column_attr clearfix\"><strong>What is your prognosis for the market in the coming year?<\/strong><\/p>\n<p>As we all know, Covid-19 closed many of the typical summer destinations and people retreated to safety. However, wealthier people turned to yachting to find isolation. This created a huge demand in the market. What many people did not realise is that buying a yacht is not like buying a car, there are heavy running costs involved, as well as crew and management costs. A year on, and owners are realising the costs of owning and running a yacht, and I think many will start to sell due to these expenses. So yes, there will be a transition time, but by 2022 I expect the shipyards to be full again, and I think we will see a stabilised market by late 2023.<\/p><\/div>\n<div><\/div>\n<\/div>\n<div class=\"column mcb-column mcb-item-gjb7xn0mg one column_column\">\n<div class=\"column_attr clearfix\"><strong>Finally, do you have any tips for entrepreneurs starting out in this industry?<\/strong><\/p>\n<p>Like other industries, timing is the most important thing to consider when you set up a business. I was lucky with timing when I set up my own. We invested into our website design, emailing campaigns, and apps early on. We followed the global industry closely and invested into our CRM system. I was also the first to offer 3D shootings for yachts in Turkey and made the first app on the market for it. Right now, too many people are involved, yachting is too popular. Everyone wants to be a broker, but there is a lot of competition and a huge number of companies operating. So actually, I wouldn\u2019t recommend anyone to start a brokerage at this moment \u2014 everyone thinks selling a boat is easy, but it is definitely not. That&#8217;s not to say it isn\u2019t fun, though! Who doesn\u2019t love a challenge?<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Onur Erardag, founder of brokerage firm Nautique, tells SYT how he found his feet in business By Rebecca Smurthwaite. Please introduce yourself and give an overview of Nautique Yachting: I grew up in a yachting family, so sailing has always been part of my life. From the age of seven, I competed in sailing regattas [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized-tr"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Entrepreneur in Yachting - Nautique Yachting<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"tr_TR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Entrepreneur in Yachting - Nautique Yachting\" \/>\n<meta property=\"og:description\" content=\"Onur Erardag, founder of brokerage firm Nautique, tells SYT how he found his feet in business By Rebecca Smurthwaite. 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