How’s Business
How’s Business – November 2023
Welcome to How’s Business, brought to you by Knog – Australian designed and lighting up the world. I’ve recently been hearing about multiple stores, spread across three different States and Territories, where senior bicycle mechanics or workshop managers are being offered or already being paid salaries in the vicinity of $90,000. This is higher than…
How’s Business – October 2023
Welcome to How’s Business, brought to you by Knog – Australian designed and lighting up the world. Even though it’s one of the first things dealers talk to me about, it has been six months since we last specifically asked our How’s Business participants about the ‘d’ word … discounting. So for this month’s follow-up…
How’s Business – September 2023
How’s Business – August 2023
Welcome to How’s Business, brought to you by Knog – Australian designed and lighting up the world. With stock levels and discounting still a frequent topic of conversation in the bike trade, for this month’s follow up question we asked, “How does your current number of bicycles in stock compare with where you’d like it…
How’s Business – July 2023
Welcome to How’s Business, brought to you by Knog – Australian designed and lighting up the world. How’s Business is our monthly chat with bicycle shop owners and managers across Australia and New Zealand. We’ve decided to open up the opportunity for an exclusive sponsor for How’s Business, so from this month onwards, you’ll see…
How’s Business – June 2023
Welcome to our monthly chat with bicycle dealers across Australia and New Zealand. With winter officially started after a very cold May in most parts of Australia and NZ, our follow-up question this month was, “How are your sales of lights, winter apparel and any other winter seasonal product going?” We made our calls on…
How’s Business – May 2023
Welcome to our monthly conversation with bicycle shop owners across Australia and New Zealand. In last month’s How’s Business column, Leighton Thomas from Geraldton Bikes commented that he was spending a lot of time on warranty claims on new bikes that had various faults. He suggested that we ask other dealers if they were also…
How’s Business – April 2023
Welcome to our monthly conversation with retailers across Australia and NZ. It’s always dangerous to define any trends from a sample of, in this month’s case, just seven stores. However, it seems stores with less nearby competition, particularly regional stores, are finding things better than city stores where there are multiple shops nearby. We’ve been…
How’s Business? – March 2023
Welcome to our monthly chat with bicycle store owners and managers across Australia and New Zealand. We’ve been hearing reports of very large discounts being initiated nationwide by multiple bike brands as the industry faces a perfect storm of over-stock, demand returning to pre-Covid levels and consumers struggling from increased cost of living pressures. So…
How’s Business – February 2023
Welcome to our monthly round up across Australia and New Zealand, where we talk to independent bicycle dealers to ask them “How’s Business?”. The entire global bike supply chain has gone from famine to feast in most, but not all, bike categories, with manufacturers, wholesalers and retailers all struggling with high inventory levels. With that…