Tag Archive for: NBDA
How Coronavirus is Disrupting the Bicycle Supply Chain
Giant announced manufacturing operations in China are not back to work and will require local government approval to start back up. In addition, other bicycle producers are also temporarily halting production around the world as they struggle to get parts from China. These are signs of how the Coronavirus outbreak is creating a domino effect in straining the bicycle supply chain.
Six Disruptions Impacting the Bicycle Business
As we enter a new decade, technology and demographic changes are disrupting the bicycle market and will continue to drive evolution and innovation within the industry.
We are now in a technology world filled with surprising innovations that are changing the way we move. They are also changing the industry’s landscape for products, channels, and customers. It’s not evolution, it’s revolution.
Mentorship for Success
“We cannot stop or always predict what will or will not affect us as an industry, but we can always concentrate on being the best we can today, while helping others achieve that themselves. “
Expense Creep – Victim Or Victorious?
“MSRP and MAP pricing have two key words you should key in on. Suggested and minimum. If you follow the suggestions, you will get the minimum profits.”
One Retailer’s Post-Recession Success: Part Two
“Regardless of the size of your business, the basics are the same - stay lean, manage expenses, and work hard to actually sell your products. Success is always worth the effort!”
Strength Through Adversity: Part 1
“Having guided his business through a very tough time, Joe now runs his business much differently, and all retailers regardless of size can glean very good information from some of the most important things Joe uses as tools to stay ahead of the game.”
What’s the Value of Your Customer and POS Data?
“As we barrel headlong into an increasingly data driven world you will be running at a major disadvantage if you perform poorly in these areas, to your competitors who collect and accurately keep clean actionable data, and utilize it in very focused ways. ”
Single vs Multi-Brand Model
“Have you experienced success with a single main line model that would have not been possible otherwise, or do you feel carrying several brands is the route to take for positive results? “
Syracuse Bicycle: Best Bicycle Shop Profile
“Syracuse Bicycle seems has figured out the secret sauce to bring new riders into the fold, keeping those riders moving up to enthusiast level and then onto evangelists of cycling and the shop. “
P2 Consult – Is It For You?
“I believe strongly that any retailer that learns how to asses their businesses health by demystifying the financial side of their business, will begin to make better decisions that ultimately lead to increased profits.”