PxPixel
Great idea in latest Coffrin report - BikeBiz

Great idea in latest Coffrin report

If you're one of the 4489 bike industry names who get emailed with the Coffrin Report from America you'll know how good it is. In amongst all the US news ­ that's interesting but not directly relevant to UK readers ­ there was a cracking idea contained in this month's Report...
Author:
Publish date:

"I recommend that retailers develop a Consulting Services Swap. What does that mean? Look for an opportunity to meet fellow retailers at the [BREC - US equivalent of Bike 2000] and agree to act as business consultants to each other," writes Gary Coffrin, an industry analyst and consultant.

"Two or more non-competing bike retailers in different market areas can then visit each other's business to review store operations and make suggestions for improvement. This exchange of consulting visits has almost no cost and can return big dividends."

What a good idea! Gary says it doesn't have to be just fellow IBDs you brainstorm with, it could be any other fellow independent retailer. A music shop perhaps? Or a sports shop or an archery supplies retailer (that one's for you, Mr. Hyde)? These all have massive inventory lines too, and depend on staff being knowledgable.

To be added to the e-mailing list for the Coffrin Report, email Coffrin@aol.com. Perhaps Gary would allow us to post his latest report here so people can check it out and see whether they'd like to be sent it? After that they can be added to Gary's list.

Featured Jobs

the cycle hub

Showroom Manager

The Cycle Hub I Dubai, United Arab Emirates I Competitive Package & Bonus I Date Published Tuesday 26th June 2018

Giant St Paul Logo

Bike Fitter / Sales Person

Giant St Pauls I City of London I Salary: Negotiable Dependent on Experience I Date Published Thursday 21st June 2018

CRC_Logo_620x349-1

Bike Technician

Chain Reaction Cycles I Ballyclare I Competitive Salary & Benefits Package I Date Published Monday 2nd July 2018

Canyon_Logo_1(1)

Brand Content Writer

Canyon Bicycles GmbH I Koblenz, Germany I Salary: Up to €38,000 I Date Published Tuesday 3rd July 2018

CRC_Logo_620x349-1

Retail Sales Advisor

Chain Reaction Cycles I Belfast I Competitive Salary & Benefits Package I Date Published Monday 2nd July 2018