2024: Is the Cycling Economy on the Road to Recovery? | Go Grava's Take on the Bike Industry
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Welcome to the Go Grava Channel! Today, we’re diving deep into the state of the cycling economy, analyzing the ups and downs that have shaped the industry over the past few years. We’ll discuss the current challenges bike shops face, how Go Grava fared in its first year of business, and what the future might hold.
In this video, we’ll cover:
-The highs and lows of 2023-2024, including our Q3 sales surge
-The "bullwhip effect" and its impact on inventory and demand
-Why brands like Canyon are reconsidering the role of local bike shops
-How we’re preparing for 2025, including potential plans to bring in a major bike brand
Join us as we navigate the cycling industry’s evolving landscape, share insights from the ground, and discuss what it takes to run a bike shop in today’s market. Don’t forget to check out GoGrava.com for your cycling needs—free shipping on all products!
Let us know your thoughts in the comments—do you think the bike industry is on the road to recovery, or will it take more time to bounce back?
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