Quote:
Originally Posted by hokoman
Just bringing this to the front because I received an email about their 'slow' holiday and encouraging people to buy $20 gift certificates with a sob story. I don't know how they raised that much funding the first time around - what's that saying? fool me once...
The bike industry has changed and we've watched a lot of shops close shop. They need to change their business model (I get it, it's easier to say than do), or we're going to get the same email in 6 months... Best wishes to them.
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Isn't the holiday season the biggest take of the year for bike stuff too? If they are hurting after the biggest sales revenue days now I don't see how it improves in January and February.
At what point does it resemble a pyramid scheme versus a survival ploy?