Thanks Alan. I hope to get to the point very soon where it doesn't feel like taking a chance. >_<I hope you have created a "winner", and I wish you every success in your ebike business. If I didn't already own a ebike, for the price you are asking and the features offered, I would be very tempted to take a chance and order one.
I hope you have created a "winner", and I wish you every success in your ebike business. If I didn't already own a ebike, for the price you are asking and the features offered, I would be very tempted to take a chance and order one.
Mike, this is the type of experienced comment I was looking for. Are you Mike of the website mikes e-bikes? Would you be interested receiving one of our bikes so you can inspect the bike to possibly carry/sell our product? Would love to sell on your site.
I will say, this pricing mostly won't work when fulfilled by other companies and in the long term. Your comment requires a long explanation as to why I can even price this competitively in the start. I spent over a year working on a partnership with the best Chinese manufacturer/supplier (most standard eBikes are manufactured there, hope this isn't a surprise). Spent a month in China touring many factories that produce bikes from ms2, radpower, sondors, and brands you sell like blix. Anyway, I self financed everything, no loans, no payments to make, I ordered in large quantity, over 500. I have an efficiently contracted quality control team adding around 2% in costs. I have 40' containers shipped to Oakland under $1500 and have a Warehouse costing less than $1000/month. Our shipping cost deductions are lower than any I've compared among logistics companies. I don't plan on operating with a profit for some time (nor is one desired). I am fortunate enough to have made significant living income in real estate. I am operating out of a desire to see something better grow.
Everything I've worked towards is making the most efficient supply line I could possibly create without sacrificing on the product. Will it fail to be profitable. Maybe. Marketing on a low budget will be a huge struggle.
The biggest question will be the life of the brand itself. Is it going to be around for 5 years from now?
Also, did it seem that this is a throttle only bike? It is a class-3 PAS bike. Perhaps it is not advertised well. I will check on that.. I really appreciate your feedback.
Thanks! There aren't that many unique parts actually. We of course stock all the replacement parts and plan on being around long term, but if you didn't believe that, you could get anything replaced and working fine with parts available online from many stores. You wouldn't be sitting there with a half-working bike 5 years down the road if the company died. The next model we are designing will be a little more custom. This is very genericya i think i'd order one out of curiosity, but i've already got all I need (and then some haha) according to my family. All I can think is a winter beater (slush, salt, snow), but I already have a bike picked out for that role too. I'm also concerned about unique parts (not bike bits, but cables, connectors, etc) that might be hard to find in the long future, after years of hard riding.
Very good points. It is hard to answer these questions in the short term. The parts on this bike are very generic fortunately, and you could buy all of the parts in the US, not just Alibaba. We have the same battery attachment as a few other retailers. The next model I've been designing will be a little more custom. Really hope to prove the value of the company with the service in the next few years. Also, the financial state is goodThe biggest question will be the life of the brand itself. Is it going to be around for 5 years from now?
This is a super competitive market. The lower segment (< upto 40%) of the market is taken up by RadPower, Juiced, Surface604, M2S etc.
Then there are bigger sharks like Specialized, Trek, Haibike, Raleigh who are eyeing for the lions share.
There are at least 100 crowd funded bike brands like Sondors, Spark, Flash, Mate, Super73 etc.
The questions that need answers are:
What's the service going to be like?
Are the parts too generic that, if needed, can I order it off Alibaba?
What is the financial state of the company?
Very good points. It is hard to answer these questions in the short term. The parts on this bike are very generic fortunately, and you could buy all of the parts in the US, not just Alibaba. We have the same battery attachment as a few other retailers. The next model I've been designing will be a little more custom. Really hope to prove the value of the company with the service in the next few years. Also, the financial state is good
The biggest red flag for me is when there is no physical location and when they don't publish their actual names and photos.
It takes 2 minutes to close the website and say bye to all. What does one have to lose?
If you publish your name, physical location then reputation is at stake, people can track you down.
Why dealers are more trusted than online sellers because they have a physical shop where you can go....
It's like in the world of dating.. what is one thing that women look for in a man?
"Trustworthiness"....
Similarly, those people who are looking for a DIY thing or lowest possible price for a bike, they would not mind but someone who is serious about biking wants to see and know who is the person running all this and what happens few years down the line.
Agreed. And very good point. I have published an about photo of our small team. Re location; we are mostly able to offer this pricing because we do not have a physical location, other than a not for retail warehouse and my home address.. Do you have any suggestions for how and where I should display my name? Maybe an about the owner section of the about us page? I do appreciate your suggestions very very much
I think you can start by writing your full name here.
On your website, may be a expand on how you got into this business and what you did before. Link your LinkedIn profile.
Most people who are tech savvy can smell if the business is after a quick buck or really interested in helping customers in the long haul.
If you/your team comes across as someone who walks the talk, even if you are little abrasive, people will work with you and buy from you.
If you provide top notch service, business will thrive.
Radpower started as a small crowd funded company, they stood behind their very average product and now they are a 50 million $$ company.
I am just providing honest feedback and hoping that you will succeed. I wish my best for you and your team.
ScootScoot - There are so many useful things you said there and so much to unpack - Firstly, you brought already one error of mine to my attention. - The sizing. I've had 5'4" riders use these bikes with no issues. I had to measure my bike because 32" didn't seem right. It was incorrect. I did all the measurements, I am not sure why it had 32"! I am correcting that online. Thank you! See attached image. You would fit the bike perfectly Honestly, it fits everyone who's tested between 5'4"-6'4" without any complaint (I'm 6'2").
Regarding range. Are you riding with throttle only? I'm routinely getting 40+ miles on a full charge riding at around 23 mph average cruising speed (except stops) using high pedal assist, mostly motor. I think you are underestimating the range on this bike. I usually charge around 40 miles with 1/3 battery left. I weigh 190lbs.
I am most curious about this- "One other issue: a 4 month lead time between ordering and receipt of the bike is just too long "
Where did you read that? I have 160 bikes left which ship UPS ground same day, and have 200 more ready next month. Anyway, location dependent you may receive your bike within 3 days (west coast)
Regarding customer service of the big guys. I cannot really prove anything on here, but I don't plan on operating without fixing any and every mechanical issue if one should occur. Sometimes small startups care more about personalized service than trek or giant.
Finally, to your point about frame design. This first model is a very generic and popular frame. I love it. We are in production of 200 more bikes which I have designed inside and out for the past couple years. drawings and manufacturer partnerships, and prototype testing etc etc. It is a city commuter bike though. More of a Dutch style bike. So it will be a little more specific, but it is something I really wanted to create. It will be light, sleek, fast, and comfortable. It is rare to have unique designs mostly because of the upfront costs, legal risks, and timeline. But for both bikes and boards, I am spending over $30k in new design molds for 6+ unique product molds. So I am definitely trying to design something uniquely better.
Appreciate your response,
Kevin