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Around the WorkstandAuthor: Workstand
Around the Workstand is our podcast where we discuss the work done here at Workstand. Workstand is the only all-in-one commerce solution built exclusively for local bike shops. Our technology powered the ecommerce revolution for the IBD channel and is trusted by one out of four shops. Every subscription includes an optional point of sale at no extra cost. Workstand helps local bicycle retailers leverage the power of our bicycle industry-leading data network to run a more efficient business and expand sales opportunities.We offer the most complete catalog of product data, including images and descriptions, expanded sales potential, and improved efficiency for both retailers and suppliers. Included drop shipping and brand marketing partnerships to build powerful relationships.To complement our software services, Workstand is also a complete digital marketing partner. We work with over 400 bike shops, including many of the nations largest, offering website maintenance, Google Ads, SEO, graphic design, custom websites, and more.Contact us anytime for more information: podcast@workstand.com Language: en-us Genres: Business, Entrepreneurship, Marketing Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Bicycle brands, suppliers, and retailers gathering at key industry events - uncertainty and optimism
Episode 99
Tuesday, 8 April, 2025
Ryan Atkinson has continued his travels and brings us the latest in how brands, suppliers, and merchants in bicycle retail are feeling during some uncertain times. There are bright spots and some optimism, particularly among retailers. Themes from industry eventsBicycle Leadership Conference (suppliers)NBDA Retailer Summit (both) - join the Midwest event in Bentonville in MayCABDA West (both)Uncertainty among suppliers, optimism with dealersTariff confusion and frustrationThrottle electric bikesUsed and pre-ownedTap into health/beauty, active lifestyle, prioritize healthProfitabilityEcommerceMarch online sales performanceUS sales +9% and orders +7%CA sales -18% and orders -32% (sporting goods generally -6.9%)Dollar growth was fueled by road and mountain bikes, plus the surprise performance of comfort and commuter bikes. Electric bikes had a surprising slump.CA non-essential discretionary down, calls from concerned clientsUS consumers getting ahead of tariffsCyclingnews article on DeMinimis (Ryan’s rant)Bummed how they characterized Bob Margevicius’ testimonyBob is a VP for SpecializedHe’s an exceptional representative for our industry on trade issuesNobody knows EU, Asian, and US manufacturing/trade as wellTireless contributor and just awarded PFB lifetime achievement awardAuthor conflated legitimate tariff frustration with DeMinimisDeMinimus exemption increased to $800 in 2016PFB has lobbied for change sinceReason for so much cheap product disrupting IBD marketCheap D2C electric bikes, cheap helmets and lights on Temu, etcUnsafe for consumers, erodes value proposition for retailers, takes away high margin retail salesI want to encourage listeners not to spread click bait rumors just because they think the headline gets attentionBe sure to email your questions to podcast@workstand.com. We read all emails sent and we look forward to hearing from you.If you're a Workstand client with questions about your subscription, email support@workstand.com or call 303-527-0676 x 1. If you are not currently a Workstand client with questions about how our programs work, email info@workstand.com.Find Us on LinkedInRyan Atkinson, President + Co-OwnerSuzie Livingston, Marketing + CommunicationsMark Still, Business DevelopmentWe also publish Around the Workstand on our YouTube channel if you'd like to watch while you listen. Here is our Around the Workstand playlist.If you have any questions about the topics discussed in this episode of Around the Workstand or if you have ideas for new topics we can cover, schedule a time to meet with Mark Still here or email mark.s@works...