It’s Official: Bike Sales are Skyrocketing
It certainly seems like there are more people riding bikes recently. Now Bikes Belong has surveyed bike shops around the U.S. These shops are seeing a significant increase in sales.
Here are the highlights:
The majority of retailers who responded said their sales of transportation-related bicycles, accessories, and service have increased in 2008 compared to 2007:
- 73% said they are selling more bikes.
- 84% said they are selling more accessories.
- 88% said they are selling more service.
Is this increase in sales because of high gas prices? Most retailers who we surveyed think so:
- 95% of shops said customers cited high gas prices as a reason for their transportation-related purchases.
- 80% of retailers said gas prices were helping them sell more bikes for transportation.
- 86% thought accessory sales were getting a boost.
- 89% said they were selling more service because of high gas prices.
Many new customers are dusting off old bikes and bringing them in for repair. There appears to be a surge of interest in riding bicycles for short trips, errands, and commuting.
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Tags: bicycle sales, Bikes Belong, Trends
August 27th, 2008 at 4:04 pm
[…] http://www.m-bike.org/blog/2008/08/26/its-official-bike-sales-are-skyrocketing […]
October 11th, 2008 at 8:49 pm
[…] People typically chose their transportation mode based on what’s faster, easier cheaper, and in some cases, greener. The $4 gasoline prices certainly put a lot more folks on bicycles. […]