Tag Archive for: retail

Customer Acquisition Cost: What is it and why Does it Matter to Retailers?

Customer acquisition cost is on the rise—one study says it increased as much as 222% between 2013 and 2022. Research by Ecwid by Lightspeed indicates that the trend is widespread, which means even if your business isn’t currently worried about high customer acquisition cost yet, you probably should be soon.

3 tips to become a reference for bike newbies

What do your bike shop and the shoe store next door have in common? As retailers, you both value customer retention and steady growth. The difference? Due to the nature of your business, you can’t rely solely on regular customers. While most people have a full shoe rack, few are those who own more than one bike.
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NBDA Addresses Retailer E-Bike Safety and Standards in Quarterly Panel Meeting

The National Bicycle Dealers Association (NBDA) Bicycle Industry E Bike Safety & Standards Panel convened for the second time on December 12, 2023, to address critical concerns regarding electric bicycles (e-bikes) in the United States. The panel's discussions revolved around using Technology to minimize the impact of battery fires, an exploration of Throttles, Insurance Coverages and Battery Health.
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National Bicycle Dealers Association Announces Results of 2023 Fall Board Election

The National Bicycle Dealers Association (NBDA) is delighted to announce the results of its 2023 Fall Board Election, where two outstanding candidates were elected by a majority member vote. Joining the NBDA Board of Directors are Clark Butcher from Victory Bicycle Studio in Memphis, TN, and Greg McDonald from Ridleys in Calgary. Both individuals bring a wealth of industry experience and expertise to the NBDA.

How to Keep Up with Holiday Retail Trends

There are thousands of plan options and codes and laws that seem to change every year. We are here to help you through the confusion with some simple ways to save on your healthcare expenses outside your monthly premium. (Fun Fact: one of these tips, could even help your premium go down at renewal.)
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National Bicycle Dealers Association Establishes Bicycle Industry Retailer & Supplier Best Practices Panel

The National Bicycle Dealers Association (NBDA) is proud to announce the formation of the Bicycle Industry Retailer & Supplier Best Practices Panel, a collaborative effort bringing together top retailers and suppliers in the bicycle industry. This initiative aims to formulate best practices that contribute to the positive financial health of both suppliers and retailers on a global scale.
NBDA Retailer Summit
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National Bicycle Dealers Association Retailer Summit to be Held in Bentonville, Arkansas

The National Bicycle Dealers Association (NBDA) is pleased to announce the second annual Retailer Summit, to be held in Bentonville, Arkansas on May 22nd and 23rd, 2024. The event will take place at the 21C Museum Hotel Bentonville and is expected to attract retailers from across the country. The Summit ties in with the Bentonville Bike Fest, a three-day festival featuring over 120 brands in expo, races, and consumer events for a dynamic, multi-day industry gathering in the mountain biking capital of the world.

Merchant Cost Consulting

Merchant Cost Consulting specializes in renegotiating and monitoring credit card processing fees. Get in touch today, and keep more of your hard-earned revenue.

Lightspeed

Lightspeed ignites businesses everywhere with an innovative commerce platform that helps merchants simplify, scale and provide exceptional customer experiences. We are proud to collaborate with partners who help spread the word and fuel the flame. Partners can submit leads below.
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NBDA Bicycle Industry E Bike Safety & Standards Panel Unites to Propel Safe E-Bike Adoption in the U.S.

The National Bicycle Dealers Association (NBDA) Bicycle Industry E Bike Safety & Standards Panel convened on September 12, 2023, to address critical concerns regarding electric bicycles (e-bikes) in the United States.