Big Trouble at Trek & Giant?

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• Trouble At Trek & Gian...
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#cycling #bikes #bicycle

Пікірлер: 371

  • @justinhamill1931
    @justinhamill19312 ай бұрын

    Yeah, keep charging $15,000 for a bicycle when you can buy Ducati at the same price that's made in Italy. That's the reason for the downfall

  • @roscoecoltrane9523

    @roscoecoltrane9523

    2 ай бұрын

    Exactly this.

  • @iyadkamhiyeh527

    @iyadkamhiyeh527

    2 ай бұрын

    No bicycle in the world is worth more than 3K max.

  • @George-hl2xm

    @George-hl2xm

    Ай бұрын

    What model cost that much

  • @zmaievx

    @zmaievx

    Ай бұрын

    ​@@George-hl2xm the latest generation of giant tcr 10th

  • @JeffreyWilliams-dr7qe

    @JeffreyWilliams-dr7qe

    Ай бұрын

    Complain no more and buy something else or not.

  • @jeanwong647
    @jeanwong6473 ай бұрын

    When a top end bike cost more than a motorbike…that’s the problem right there. Manufacturers getting greedy.

  • @ivanteo1973

    @ivanteo1973

    3 ай бұрын

    You have the options not to buy it.

  • @simonskeggs7284

    @simonskeggs7284

    3 ай бұрын

    The point being made, is that some bikes are overpriced!

  • @ivanteo1973

    @ivanteo1973

    3 ай бұрын

    @@simonskeggs7284 some bikes are overpriced, that is not the problem, you have the options not to buy it. So the problem is you. the question is why do you need expensive bikes? it's not like you are world champion. Some cars - Ferrari are over priced, so? if you cannot afford, don't buy it.

  • @michaelpayne8046

    @michaelpayne8046

    3 ай бұрын

    @@ivanteo1973you’re right. Everyone does, which is why they are tanking 🤣

  • @markstockton2859

    @markstockton2859

    3 ай бұрын

    @@ivanteo1973 and thats exactly whats happening 🙄

  • @carlsberg-gs6rl
    @carlsberg-gs6rl3 ай бұрын

    It blows my mind how bike companies thought that the demand brought by COVID wouldn't end.

  • @patthewoodboy

    @patthewoodboy

    3 ай бұрын

    exactly and then the flood of hardly used bikes into the second hand market

  • @Sweetskis

    @Sweetskis

    3 ай бұрын

    Dude every corporation is like that. A year or two of high cotton is the new baseline revenue expectation. When reality doesn’t deliver on their revenue fantasy they sack the CEO or cut jobs to control expenses.

  • @TenFalconsMusic

    @TenFalconsMusic

    3 ай бұрын

    I'm guessing that thinking is not their strong point. "More bikes, higher prices, go go go!"

  • @ghpatriot

    @ghpatriot

    3 ай бұрын

    It blows my mind that people think the govt had your best interest in mind during covid as well.

  • @manchesterexplorer8519

    @manchesterexplorer8519

    3 ай бұрын

    @@patthewoodboy It's mind boggling as to how many 2-3 year old bikes that have been ridden maybe 50 miles during covid that are on the market. People bought bikes thinking they'd love the sport , rode them twice , got tired , realised riding a bike takes effort and quit 😉 E-bikes are also on the rise , living in a small city I see more and more E-bikes every summer being used for urban and rail trails as less people are purchasing pedal bikes as 70% of people in America are simply overweight and out of shape.

  • @bigdarbs19
    @bigdarbs193 ай бұрын

    TREK, Giant and Specialized have priced themselves at Ferrari levels, but they are the Ford and Volkswagen of the bike world. They have lost sight of what they are about.

  • @colejones6325

    @colejones6325

    2 ай бұрын

    I mean….. specialized and Trek run the pros… They’re priced at Ferrari levels because they produce winning bikes. Italian bikes have neat designs but that’s about it.

  • @GREATVOVA

    @GREATVOVA

    2 ай бұрын

    Just wondering, what bikes are not at ferrari level? Not trolling, just curious.

  • @bigdarbs19

    @bigdarbs19

    2 ай бұрын

    @@GREATVOVA None now, thats the point. Trek, Specialized, Giant used to focus on being a mid range, volume producers, it was possible to choose from many road and MTB bikes between $500 and £1500, now they are all aiming at the top end, as thats where the greastest margins are but they have found at that they then loose the volume, hecne the situation they are in now.

  • @stevethecheese

    @stevethecheese

    2 ай бұрын

    Supply and demand, simple as that

  • @byggerEttSlott

    @byggerEttSlott

    2 ай бұрын

    In the end a bike is a bike. Everyone has the same components and similar frames. Spec wise they are identical. It’s just different paint jobs. So no wonder a top spec Giant cost the same as any other Italian brand.

  • @greglee1465
    @greglee14652 ай бұрын

    Ive lived on Long island my whole life. The bikes stores used to have little kids and teens hanging out in the shop and parkıng lot. The Kids are gone, the parking lots have Mercedes and Audis with $1000 racks for $5000 bikes.

  • @Handletaken4
    @Handletaken43 ай бұрын

    I'm a bike mechanic and the parts on a $1000 Trek bicycle are the same as those found on $700 bikes offered by other manufacturers.

  • @trotro80

    @trotro80

    3 ай бұрын

    That's why direct to consumer brands flourish.

  • @user-wh3uu3jl2i

    @user-wh3uu3jl2i

    3 ай бұрын

    Life time warranty on a Trek.

  • @cornellpearce5686

    @cornellpearce5686

    3 ай бұрын

    How much is a lifetime warranty worth?

  • @scruf153

    @scruf153

    3 ай бұрын

    I chose right buying a Poseidon X it does everything I need it to do as far as transportation goes

  • @erikd6124

    @erikd6124

    3 ай бұрын

    Even headset bearings and hidden parts? Wheel hubs and so on ?

  • @AcesOver
    @AcesOver3 ай бұрын

    The industry made money hand over fist during covid. They got greedy and overbuilt. As consumers we now benefit from deep sale prices to clear out supply. Its great for us.

  • @ianross5019
    @ianross50193 ай бұрын

    Let’s look at the facts. A good bike, a bike of the people, used to cost less than £1000. My first bike, 8 years ago,was a Sora equipped Cube which retailed for £650. I bought a 105 equipped ribble Audax for £700 3 years later! In 2016 I bought a top end Cannondale for £2,500! Now a 105 equipped Defy is over £4,000.

  • @Oxibase

    @Oxibase

    2 ай бұрын

    £1,000?! A bike of the people?! I don’t think most people can afford a bike that expensive. Maybe enthusiasts but not most people. But you are definitely right about the prices being really high overall.

  • @lifesaver3499

    @lifesaver3499

    2 ай бұрын

    You should have a bought a real bike with some style..While at a lunch stop the waiter said man I love that bike ..my friend thought the waiter was taling about his brand new Giant.. Waiter said no that red Pinarello...he was talking about my like-new 1978 Pinarello Super Record team bike...sell your plastic probably all black boring bikes and get something more fun to ride..I ride 14 000 km a year on my classic bikes...riding boring carbon bikes would be like going for a drive in a Hyundai. Like a Hyundai car club vs a muscle car club.

  • @richiejames928
    @richiejames9283 ай бұрын

    I love to hear of these big brand stuggling.. when you’re trying to charge 12+k for a bicycle and nobody can afford it. Why’s anyone surprised.

  • @macdaddy1617

    @macdaddy1617

    3 ай бұрын

    Agee, it gets to a point where the bicycle technology is getting too expensive and technical for the average consumer. I can afford a $10,000 ($3,000-$5,500 is my limit) but its a bicycle and I'm not competitive to that level and do you really need that extreme tech?

  • @richiejames928

    @richiejames928

    3 ай бұрын

    @@macdaddy1617 the thing is it’s literally all just marketing nonsense. Carbon hasn’t improved in years. It’s only the shapes they mould it into too form differant frames with differant characteristics. then they sell that ‘advancement’. Same with groupsets. Shimano in particular just change the labels on old stock and move it up a spec. this generations dura ace will be next generations ultegra…. They think we are stupid.

  • @TenFalconsMusic

    @TenFalconsMusic

    3 ай бұрын

    Manufacturing their bikes in Asia for £400, then pricing them at £4k hasn't exactly been working out for them... Or the 9yo kids who are making them.

  • @mjor6406

    @mjor6406

    3 ай бұрын

    @@TenFalconsMusic Taiwan is a first world country.

  • @JG0929

    @JG0929

    3 ай бұрын

    Exactly! There are only so many midlife crisis dentists and ER docs to sell these 12k bikes to.

  • @gtn3x87fk9
    @gtn3x87fk93 ай бұрын

    Try offering a bike at a reasonable price rather than asking silly money. Pure greed and it’s coming back to bite them on the backside!

  • @staffofdagda6238
    @staffofdagda62383 ай бұрын

    the high price of road bikes is preventing demand.

  • @Gamebreaker08
    @Gamebreaker083 ай бұрын

    Who would've thought $6,000 for a mid range bike isn't profitable?

  • @allentufts5185

    @allentufts5185

    3 ай бұрын

    It’s a scam, sorry

  • @qwerty6789x

    @qwerty6789x

    Ай бұрын

    its not because they made it $10K 😅😂 gotta love these Bike Brands. slapping us "Too Poor to afford our product"

  • @ketle369
    @ketle3693 ай бұрын

    I waited two years to buy my Canyon because I didn’t want black and the others colors was meh. Finally they released a racing green color. It’s six years ago. Still have the bike with disc and mechanical 11 speed 105. I bought Shimano carbon wheels this year. Now I’m no longer in the market for anything. Electronic gears would be nice, but I rather use the money on other things from now on like traveling with the bike.

  • @tomatostakefabrik9429
    @tomatostakefabrik94293 ай бұрын

    We all decided to keep our old bikes that work fine. Corporations want you to desire the newest of the new. They want you to pay top dollar for it. Approaching planned obsolescence. I understand RD, I understand they have pro teams, sponsorships, etc. I have kids in collage and taxes to pay. 8500k bike is not on my radar

  • @mylittlepitbull3143
    @mylittlepitbull31432 ай бұрын

    I just bought a used Trek 400 tange steel top quality Shimano ultegra 8 speed runs great on craigslist $99 mint condition. It's 40 years old and it can last another 40 years.

  • @tannerjack9520
    @tannerjack95202 ай бұрын

    THEY ARE TO FUCKING EXPENSIVE!! why do we have to pay car prices for an e mtb!!!

  • @hixyhicks
    @hixyhicks2 ай бұрын

    Bikes are too expensive,and bike companies got greedy . The average working man or woman can not afford to pay the prices they are asking .

  • @altabajacalifornia7133
    @altabajacalifornia71333 ай бұрын

    Ex insider here, if you guys only knew the expectations these big brands have in terms of sales you’d go crazy. I worked at a shop during the COVID boom and we were selling about 15-20 bikes per day opened for about a year. Then about ten per day for about 8-10 months and finally hit rock bottom. Lots of households now have bikes. Prices are still up there. And inflation is pretty much worldwide. Bike sales won’t start to pick up decently at least until another 3-5 years or unless they come out with something radical

  • @davidmailander8165
    @davidmailander81653 ай бұрын

    Salvaged a 2016 Trek Emonda ALU frame from a bike cooperative last year. Perfectly good frame in excellent condition. $200 dollars US. Built up with cast off parts in my basement. Rides just fine. LOL.

  • @jonduchon9004
    @jonduchon90043 ай бұрын

    Just went to buy a new road bike. Giant could not even be ordered at this point. Trek was out 6 months with no guarantee of delivery. Ended up at a specialized dealer ordered Sunday, took delivery Thursday. Other brands locally were out 4 to 6 months. Definitely a manufacturer management issue.

  • @seahorserider33

    @seahorserider33

    2 ай бұрын

    Same thing with Canyon

  • @aaron___6014

    @aaron___6014

    2 ай бұрын

    This was the case last year as well. I bet they love that they can't control their supply anymore.

  • @seahorserider33

    @seahorserider33

    2 ай бұрын

    I ended up buying a Basso instead of a Canyon. We'll see :)

  • @Spikey_Mikey
    @Spikey_Mikey3 ай бұрын

    "Renting a toilet" 😂 That sounds so wrong 🤪

  • @chuck5056
    @chuck50563 ай бұрын

    Demand is suppressed because prices are ~20-25% too high

  • @BeastMastery

    @BeastMastery

    2 ай бұрын

    40%

  • @keyverest

    @keyverest

    Ай бұрын

    50%

  • @cccycling5835
    @cccycling58352 ай бұрын

    When I was looking for my endurance carbon fiber, 105 road bike, CERVELO literally had equivalent options (the Caledonia 105 Mechanical) for $1000 LESS, NOT ON SALE. The Madone was $4200, the Tarmac was $4500, and the Caledonia was $3200. This was just last year too. Guess which bike I ended up with? 😂

  • @altabajacalifornia7133
    @altabajacalifornia71333 ай бұрын

    People will start buying more bikes once pricing on houses, cars, and food comes down it’s as simple as that.

  • @Sweetskis
    @Sweetskis3 ай бұрын

    It would seem to me that Giant has made the layup of carbon frames much cheaper and efficient to produce than carbon frames were in the early/mid 2000’s when the frames were being produced in the US and EU. If that’s the case, why are bikes much more expensive adjusted for inflation? Margins are much higher than they were in the early/mid 2000’s. If Giant and Trek aren’t able to continually exceed investor expectations then maybe it’s the expectations that need to give. If the current market is tapped out and everyone bought bikes during Covid, borrowing demand from the future, the bike industry has to expand the consumer base. Provide quality $500-$800 bike models. Advocate for paved bike riding paths through cities and on public lands. We have to get more people on road bikes and we aren’t going to do it asking them to ride on public roads with cars. It’s too dangerous. Beginners and experienced riders alike, are concerned with increasingly dangerous roads. We need paved paths in nature for cyclists and joggers.

  • @chevyyyyyyy

    @chevyyyyyyy

    3 ай бұрын

    Your point that bike companies need to also be urban bike lane advocates to promote sales is a must.

  • @Sweetskis

    @Sweetskis

    3 ай бұрын

    @@chevyyyyyyy My city replaced a 22 mile abandoned rail line with a paved bike/walk/jog path. It has transformed the city. There are now parks all along the path, new housing developments, and restaurants/coffee stops. A relatively small city of 80,000 people, 450k in the greater metro, is able to support 24 bike shops. If a city will invest in a safe place to cycle then people will cycle. The roads are getting less and less safe. If we can’t expand access to safe cycling, the cycling industry is going nowhere.

  • @dinar4331

    @dinar4331

    3 ай бұрын

    @@chevyyyyyyy The execs probably never touch a bike or are roadies that drive to their rides

  • @kbd13-n9c

    @kbd13-n9c

    3 ай бұрын

    @@Sweetskistwo years ago I rode 4000 miles on the road. This year I think I’m at 100 miles and everything else is gravel or mountain bike.

  • @Sweetskis

    @Sweetskis

    3 ай бұрын

    @@kbd13-n9c Was the change mostly because of a change in interest or safety concerns?

  • @chevyyyyyyy
    @chevyyyyyyy3 ай бұрын

    Ciöcc ISB (Bergamo, Italy) paints from its extensive color scheme, on customer demand, instead of pre-painting bikes which, I think, minimizes unwanted inventory to some extent.

  • @tsyhll
    @tsyhll3 ай бұрын

    People are selling their good unused bikes. Why bike new?

  • @aarontracy5160
    @aarontracy51603 ай бұрын

    New generation is more apt to play video games instead of ride. I enjoy rebuilding 90's and early 2000's rides. Dirt cheap, abundant parts, easy to work on. I could care less about the color.

  • @Madlux14

    @Madlux14

    3 ай бұрын

    You surely meant you couldn't care less, right?

  • @HkFinn83

    @HkFinn83

    3 ай бұрын

    You ‘couldn’t’ care less

  • @imola8
    @imola83 ай бұрын

    i cannot confirm that there is too much inventory. at least in my area. i tried to find a trek checkpoint in size 54 for almost a year but couldn´t get ahold of one. Now i`ll stick with my old bike that`s still doing it`s job. Prices of new bikes are way too high anyways.

  • @RannsD
    @RannsDАй бұрын

    I’ve had 3-4 years out of riding my bikes regularly. Now I’ve got back in, I’m shocked at how much more complex and expensive things have got…..but definitely not better IMO

  • @chrisball3412
    @chrisball34123 ай бұрын

    I’m not into MTB anymore, but Trek has an unbelievable amount of mountain bikes offered. i would need to take a day long class to just try to figure out exactly what I would want if I were to buy a new mountain bike.

  • @thewatcher9778

    @thewatcher9778

    Ай бұрын

    I've had people tell me trek is the apple phone of the bike world with each model being the last model with a different color and name but with moved around components

  • @buzzkill4623
    @buzzkill46233 ай бұрын

    not enough demand at those prices is what it should say

  • @J0zla
    @J0zla3 ай бұрын

    Part of the reason for overproduction was growth in the high end - if you to have a bike costing 15.000 EUR in your lineup you have to fill the lower price points. Now that they want to cut down the SKU's (Trek) it will be interesting to see if they leave more gaps between the models - if they have the top model costing 15.000 and the one below 10.000 how will that affect the sales.

  • @blakbanshee
    @blakbansheeАй бұрын

    There’s so many quality bikes 2 or 3 years old on the second hand market, barely ridden, for half the price new.

  • @tonymckay6679
    @tonymckay66793 ай бұрын

    Buy 3 or 4 year old top range bikes for bugger all and upgrade. Look and go like new ones but cheaper

  • @Webanaka
    @Webanaka3 ай бұрын

    Re the point about repainting frames, that’s always happened. I remember that used to happen with BMX’s in the 80’s. Excess inventory is repainted or restickered to the new colours or, if the model is changing design, the old frames are restickered/repainted as a cheaper model or a more popular colour to clear stock.

  • @tobznoobs
    @tobznoobs3 ай бұрын

    they didn’t understand that bikes are not like phones that they can do planned obsolescence. even then 6-10 yr old phones you can still use it but they stop updates and its gonna be very slow nowadays. bikes though, if the frameset is still good, you only have to replace broken parts or have the itch to upgrade.

  • @MasteringGrappling
    @MasteringGrappling3 ай бұрын

    Brands need to start getting into custom paint. Rather than making a few colors, have a few templates with a few colors online and and let the customer customize the paint for each bike.

  • @manchesterexplorer8519

    @manchesterexplorer8519

    3 ай бұрын

    Painting is a process , switching colors for one off bikes takes quite a bit of time.

  • @andlum83

    @andlum83

    3 ай бұрын

    Orbea is doing just that.

  • @cycle4lifeac

    @cycle4lifeac

    2 ай бұрын

    Trek does this with Project One. To my knowledge, Giant and Spesh don't offer this.

  • @kingelvis
    @kingelvis3 ай бұрын

    I have never understood bikes. When you by a car, say BMW, most of the parts like engine components are made by BMW. On bikes, just the frame is made by say Trek. The rest of the bike is SHIMANO etc.

  • @TnyVkn

    @TnyVkn

    2 ай бұрын

    Most car parts are made from a third party and assembled by the manufacturer. Remove you spark plugs they probably say NGK or Denso remove a control module it probably says continental on it. Manufacturers design and assemble but will out source most components from other companies because it's cheaper

  • @do-ineedtosay723
    @do-ineedtosay7233 ай бұрын

    I love Trek, but that trend of $7K+ ebikes has to go away. Most people I run into want ebikes with throttles. You know, those cheap ebikes that can zoom by a $12K Trek ebikes while the rider laughs? Those ebikes. *

  • @tomnanD3
    @tomnanD32 ай бұрын

    $12,000 bikes. Integrated cockpits. Internal cables. Disk brakes. Electronic shifting.

  • @6___________99_____________64

    @6___________99_____________64

    Ай бұрын

    And those technologies still don't justify the price.

  • @markgallistel9456
    @markgallistel94563 ай бұрын

    Liked the toilet analogy, especially in the rental market!

  • @seamusaskin4189
    @seamusaskin41893 ай бұрын

    Had a look for a size small Giant bike, none available, perhaps they are stocking the wrong sizes.

  • @JG0929
    @JG09293 ай бұрын

    These bike companies have fooled people for years they need TDF type bikes for marginal gains. Fact is those bikes are for the .5%ers. Selling different standards over and over and over screwing the consumer in the long run. Screw Trek and Giant. I hope they sink and give the smaller companies a fair(er) shake. Local bike shop was telling me someone ordered a Giant MTB online and he had to put it together for a fixed price. These companies don’t care about the shops. They certainly don’t care about the consumer. PS : Rivendell is doing just fine.

  • @SignorNessuno65
    @SignorNessuno652 ай бұрын

    These bikes cost way too damn much for being made in Taiwan! Also, in most cases, everything besides the frame is manufactured by another company. The drive train, handlebars, saddle, shifters, brakes, wheels, peddles all manufactured by another company. You're paying $5,000 for a frame and a name!

  • @garybird8646
    @garybird86463 ай бұрын

    For perspective the bike market in the UK is about the size of Greggs and about 1/10th profitable.

  • @notkaty

    @notkaty

    3 ай бұрын

    For real?? That's mad. We cyclists all think it's massive 😅

  • @mynock250
    @mynock2502 ай бұрын

    The toilet analogy was a very good one, i agree.

  • @richardelliott8352
    @richardelliott83522 ай бұрын

    management seldom seeks responsibility for anything other than success.

  • @Tailspin80
    @Tailspin803 ай бұрын

    Giant and Trek have so many models and for each model so many build specs. Multiply that by the number of sizes and colours and no bike shop has the money or space to stock them all. A new customer such as me has to research for weeks to figure out what they think they might want but then can’t find one in stock anywhere close. If you are lucky enough to find one, you sit on it, check the size and geometry look good, then say thank you very much, go home and buy it online for a 25% discount. Yes, the bike industry has problems.

  • @altabajacalifornia7133

    @altabajacalifornia7133

    3 ай бұрын

    Honestly just go direct to consumer unless you’re buying a smaller boutique brand

  • @erlendsteren9466
    @erlendsteren94663 ай бұрын

    We got our bikes now, and the big new things are e-bikes and gravelbikes. But I guess some new bikes will evolve. I predict more lightweight e-bikes with offclickable batteries will come and many roadbikers will want to have roadbike with tyreclearance and gear-range trickled down from the gravelsegment. It is very comfortable in the hills to have a rearcog that is significantly larger than the smallest frontcog.

  • @erikn54
    @erikn543 ай бұрын

    I have a 12 year old s-works rubaix with dura ace di2. I cant find a reason to change bike. It is such a good bike.

  • @juliantaylor461

    @juliantaylor461

    2 ай бұрын

    I have a 5 year old S Works Roubaix and feel the same. In that the time the bike has nearly doubled in price! RIP off! Would rather spend some money upgrading wheels etc on my bike. I am never going to spend £12k plus.

  • @Gixer750pilot
    @Gixer750pilot3 ай бұрын

    I agree about the colour changes annually , forcing shops to by the new range. The manufacturers don’t take the hit , the shop does , they sell it with a smaller margin just to shift it . The manufacturers sell it to the retailer for the same price

  • @kabelolitheko
    @kabelolitheko3 ай бұрын

    Corporate bs in my view. Bikes are so expensive and they keep churning out the same bike every year with newer tag lines.

  • @KaiAdventure
    @KaiAdventure2 ай бұрын

    I just bought a new Trek X-Caliber 8 from my local Trek dealer for $1199. No complaints about pricing from my end.

  • @SKNZ2727
    @SKNZ27273 ай бұрын

    I would love a new bike but just cannot afford one. Increased cost of living means priorities change, woukd rather eat than ride the latest wizzbang!!

  • @aaronanthony1363
    @aaronanthony13632 ай бұрын

    Rocky Mountain changed up their color way this year and I got a Altitude c70 at cost at my local shop 😅

  • @richiejames928
    @richiejames9283 ай бұрын

    I bet the quality of British summers has a massive effect on the bicycle industry that’s hard to quantify. we haven’t had a summer since 2021.

  • @ZakGerraty1

    @ZakGerraty1

    3 ай бұрын

    22 was one of the hottest summers on record…

  • @richiejames928

    @richiejames928

    3 ай бұрын

    @@ZakGerraty1 a heatwave lasting a few days doesn’t make a summer. But it will increase the average screwing the data.

  • @Neil-mh6cc
    @Neil-mh6cc3 ай бұрын

    $22,999 AUD is the list price for Fuel EXe on the aussie web site. You cant sell these😂 what are you thinking? Im thinking $5000 absolute max in build cost. Probably way less....

  • @michaelsteininger179

    @michaelsteininger179

    3 ай бұрын

    Agreed

  • @LeiChat
    @LeiChat3 ай бұрын

    Have been keeping an eye on the price of the Trek Dual Sport+ 2 for a while. It's recently been slashed from £2,025 to £1,699 in the UK.

  • @nationsnumber1chump
    @nationsnumber1chump3 ай бұрын

    there is a jersey and bibs shortage. Very hard to find cheaper good quality stuff like Neopro or Specialized RBX. And they are all black.

  • @chevyyyyyyy

    @chevyyyyyyy

    3 ай бұрын

    Yes, drab colors, on bikes too.

  • @DR_1_1

    @DR_1_1

    3 ай бұрын

    Many people buy in China for 1/4th of the price... same goes for bike parts, carbon frames, bars, btw. I found the same TPU tubes 5 x cheaper on Aliexpress than on Amazon, etc.

  • @Therealconnoissuer

    @Therealconnoissuer

    3 ай бұрын

    @@DR_1_1 china stuff is just as good if not better. then the crap thats sold here

  • @dmurphy1578
    @dmurphy15782 ай бұрын

    The middle class is getting chewed up. I’d imagine a new bike is an easy cut. I bought a lockdown bike for my wife that was barely used at Pennie’s on the dollar.

  • @awbrompton2308
    @awbrompton23083 ай бұрын

    They could start by making bikes unnecessary complicated. Integrated cockpits, fully hidden cables and wedge clamps for proprietary seatpost cost lots of money to create and maintain.

  • @gary094
    @gary0943 ай бұрын

    Bikes should cost no more than $1000.

  • @billmcmillan7735

    @billmcmillan7735

    Ай бұрын

    Wheels cost 1000 😂

  • @gleneth
    @glenethАй бұрын

    So many good bikes lately and with how many that were bought in Covid, there is a fantastic second market at the minute.

  • @finalfrontier1124
    @finalfrontier11242 ай бұрын

    Often see brand new bikes being sold on marketplace etc and it is clear these have come straight from a store. I always assumed it may be a worker buying retail and trying to sell higher as a side gig, but hearing that retail stores are forced to buy a certain amount to retain a brand then it might be more likely its the owner selling on the side to drop the price below what the store can do it for.

  • @jimbo4203
    @jimbo42032 ай бұрын

    The Giant shop by me shut down for good 2 years ago , said they just couldn't get bikes or parts anymore 😮

  • @lawrencefranck9417
    @lawrencefranck94173 ай бұрын

    Anyone that’s spent on second in the industry knows they sold 5-10 years worth of bikes in 2021-22. But they keep making bikes at high volume….

  • @Hbirdman1994
    @Hbirdman19942 ай бұрын

    Not enough demand but I’ve been trying to buy a TCR Advanced 2 rim brake model and it’s been a nightmare to get one, price reasonably and people will buy!! Not everyone wants or needs a £3/4/5k model

  • @TenFalconsMusic
    @TenFalconsMusic3 ай бұрын

    I'm thinking that Trek has a cocaine addiction. Behind on paying their bills and can't focus on anything for more than a few seconds.

  • @charliebambarger4517
    @charliebambarger4517Ай бұрын

    When money is artificially printed (not earned from productive activity) and given to the population it pulls demand forward from future years to the present. After this it's exactly as you described: everyone has all the kit they need and no new consumers are there to buy. "Demand fell" no it was pulled forward

  • @harry1583
    @harry15832 ай бұрын

    5 kits? Sure I’ll buy some more. Not sure if I’d upgrade my toulet though.

  • @covascorax7346
    @covascorax73463 ай бұрын

    Struggling to get a trek marlin 6 or talon 2 in m size...never any stock left

  • @garybird8646

    @garybird8646

    3 ай бұрын

    What size are you?

  • @brentcollins9727

    @brentcollins9727

    3 ай бұрын

    No way. I bet they have hundreds of medium Marlins in the warehouse. Call the shop and ask them.

  • @chevyyyyyyy

    @chevyyyyyyy

    3 ай бұрын

    Medium is normally available. My size is 58-60 which is rare.

  • @Rhodyman13

    @Rhodyman13

    Ай бұрын

    Rocky Mountain bikes are on deep discount now. I saw a sweet hardtail for $700.

  • @1-less-car
    @1-less-car3 ай бұрын

    Demand is price sensitive...Too much stock at high prices... cut prices!

  • @JNLR74
    @JNLR743 ай бұрын

    This is not unusual, most businesses go through periods of change or economic downturns, it's cyclic, it will reset and most brands will survive but they will need to make changes to their business models to do so.

  • @GREATVOVA
    @GREATVOVA2 ай бұрын

    What is bike javelin? Can it be used by AFoU to destroy a few tanks? 😅

  • @scruf153
    @scruf1533 ай бұрын

    they do not cater to causal cyclist I have a $700 gravel bike I use for transportation and there is nothing wrong with it it has all the gears I need

  • @ianmoone6562
    @ianmoone65623 ай бұрын

    Instead of playing the long game they decided to hustle the consumers. Now that we can go places and a bycicle is just a toy good luck convincing someone to chose a bike over a car for the same money. Hopefully the governments cancel their incentives as well, lets see who bends first.

  • @Trissb1988--

    @Trissb1988--

    2 ай бұрын

    You are being dishonest. Your average person is not going to buy a high-end bike. There are still bikes that you can buy that are affordable. Bikes have pricepoints.

  • @igniteee3804

    @igniteee3804

    2 ай бұрын

    Many people have replaced vehicles for going in to work with e-bikes in towns.

  • @SlickWillyTFCF
    @SlickWillyTFCF3 ай бұрын

    The only thing thats going to save companies like Giant and Trek is a smart decision on which bikes they keep after their downsizing. They can't continue to market mainly to the 5% of riders that will spend $10,000+ on a bike, and should offer more affordable options for the people that want to ride, but can't aford to spend a quarter or their income on a bike. More entry to mid-level bikes would be wise, especially some better spec'd sub-$1,000 choices.

  • @peterhehn9511
    @peterhehn95113 ай бұрын

    Trek needs to learn a lesson from what Jobs did to Apple when he returned.

  • @oneninetyseven
    @oneninetyseven3 ай бұрын

    Another reason for the drop in demand is the cost of bikes and spare parts. The general cost of bikes is now inflated well past when most people would consider reasonable.

  • @Livlifetaistdeth
    @Livlifetaistdeth3 ай бұрын

    Went to my local bike store and saw a 2022 105 equipped Specialized for $2200 USD that's ridiculous

  • @staccatoglock
    @staccatoglock3 ай бұрын

    Good!….their prices are asinine

  • @madpeddler8263
    @madpeddler82633 ай бұрын

    How about cyclocross cycling with archery? Kind of like a summer Biathlon.

  • @mattcardarelli

    @mattcardarelli

    3 ай бұрын

    I’m in, where do I sign up. I could already see specialized selling $100 arrows

  • @Handle129

    @Handle129

    2 ай бұрын

    lmao

  • @seanrequiredfieldcannotbel1362
    @seanrequiredfieldcannotbel13623 ай бұрын

    I always said this about Shimano. Tourney, Altus, Acera, Deore, Sora, Tiagra, 105, Ultegra, SLX, XT, XTR, Dura Ace...it's INSANE. If they pared the crap down, they could streamline production and things could even cost less. I guess this was their aim with Link Glide and CUES, but why did it take so long? Shimano should have been doing this 15 years ago. Tourney for Walmart. Deore and XTR, 105 and Dura Ace. Make all of them really, REALLY good but the top of the range is super light. But no, a million SKUs that change every 2 years. Absurd. So of course Giant has too many SKUs, if they made a bike for each Shimano drivetrain, that alone would lead to over supply. How many Talons can they sell? And everyone makes bike frames. There are too many brands that don't really make bikes that are novel. They might look cool, but what sets them apart? I'm glad this is happening. Too much landfill fodder being produced.

  • @glennoc8585
    @glennoc85853 ай бұрын

    The profits are gargantuan so they have to adjust to bring bang demand. People want to bike at the mid and high end but theyre sticking to the bike they've had for 3+ years. Do we really need 12 spd and wireless shifters

  • @jamesWilliams-pg4ye

    @jamesWilliams-pg4ye

    3 ай бұрын

    Profit margins are 50-60% which is pretty standard in all business models.

  • @shellypalumbo5297
    @shellypalumbo5297Ай бұрын

    I purchased a Canyon which are ordered direct from Canyon. Canyon only offers the Endurace in black. Black suits me just fine. Perhaps Canyon has the best business model

  • @nfeht2
    @nfeht2Ай бұрын

    where I am in the US, Trek has also bought out a couple local bike shops, and to sell their bikes. I've found the new Trek shops lack expertise in servicing bikes, lack parts for repair (i have shamano 105 mechanical), but they sure as hell will push the sale of new bikes. Even if your bike is Now I'm in a city that still has a number of really good locally owned and run bike shops. So now with Trek bikes only sold at Trek shops, which are frankly the worse bike shop option, people who are buying bikes in all the local clubs are buying the brands sold at other shops. Clubs with riders from the armature racers to the 12mph avg riders. I wonder how much this is occurring elsewhere.

  • @robbyy66
    @robbyy663 ай бұрын

    Too much inventory ya right lol? I can’t seem to find M/L defy or revolt anywhere.

  • @justinofboulder

    @justinofboulder

    3 ай бұрын

    The manufacturers are afraid to release the inventory because they know they will flood the market. Specialized is paying a million dollars a month to warehouse their overstock right now... Absolutely insane IMAO...

  • @calada1212
    @calada12123 ай бұрын

    Maybe not for Giant Group..because usually they sell their stuff to the other top brands (which might cost way cheaper before getting the sticker on), then the top ramp up the prices by providing "beautiful numbers of data" for the cyclists and hope they will buy..but fun fact--those wattage saves actually just marginal in real life

  • @dvs620
    @dvs6202 ай бұрын

    I bought a used GT Avalanche. Ive swapped out basically everything but the bottom bracket (that's next) and the brakes on it. I'm into the bike dor about $1k over 3 years. I've turned it into a very capable trail bike that far exceeds my current talents. The equivalent bike would cost me closer to $1500 brand new.

  • @notleoso
    @notleosoАй бұрын

    Good more sales lol Roscoe 8 for 3K is now on sale for 2K

  • @bmoney_0827
    @bmoney_08273 ай бұрын

    With inflation and higher cost I just can’t justify the money needed to upgrade to a nicer bike.

  • @manchesterexplorer8519
    @manchesterexplorer85193 ай бұрын

    I just purchased an ESKER Hayduke frame , with all the discounts on quality 1-3 year old components up to 50% off I'm going to build one hell of a bike.

  • @DontWorryImAPilot

    @DontWorryImAPilot

    3 ай бұрын

    That's a really great start to a bike. Congrats!

  • @gusmlie
    @gusmlie2 ай бұрын

    State of the uk roads is stopping a lot of cycling

  • @6___________99_____________64
    @6___________99_____________64Ай бұрын

    Why has it affected road bikes to a greater extent ? The pricing on Giants endurance road bikes are astronomical. MTBs are still expensive but at least you can almost justify the costs due to the added complexity of the bike.

  • @davidhoppes118
    @davidhoppes1183 ай бұрын

    Bikes are so expensive I don’t know when I’ll be able to buy another. Even a mid-range rode bike with Shimano 105 is $4500. I guess I’ll see how long my 2006 and 2011 carbon frames will last.

  • @buenox1414
    @buenox14143 ай бұрын

    The analysis on the colors of bicycles is very relevant, it brings nothing to consumers, especially since for cases like trek there are already a lot of colors possible, especially at the top of the range. The fact that the brands in greatest difficulty are those with the largest sizes if we take the case of trekking, that's 8 different sizes for a racing bike, 8 for mountain bikes like the MArlin 8. Y' Does it make sense to have a mountain bike in size XXS? For clothing it's a headlong rush, the brands offer several colors etc. to continue to sell and renew themselves in the face of enormous competition. And what is also lacking is the very good quality of the products when we see the lifespan of an ASSOS jacket for example, the gloves, for the shorts it is more particular but an outfit can cover 10,000km without any worries . And I think that we are only at the beginning and in a field where we do not talk about it is electricity where many specialized companies will be in danger

  • @tomweis1194
    @tomweis11943 ай бұрын

    New bike kit every 2 years, 3 years, 4 years, 5 years?? HA! I had a Basso Paris Roubaix for 23 years. My current BMC is from 2017 and I have no plans to replace it. On the other hand, if I could find a sweet deal on a Giant Defy...

  • @LiahusN
    @LiahusN2 ай бұрын

    Im an ordinary middle class working man and I’m nuts about cycling. The $700 marlin 5 i waited 6 months for shouldn’t cost more than $400

  • @cmcp
    @cmcpАй бұрын

    Prices have gone crazy! Trek are charging €2k for paint finishes. A madone SLR 9 is upwards of €15,000. No bike will ever beat my 2017 rim brake, mech dura ace madone. Bikes are getting heavier and slower- purely because they're easier and cheaper to manufacture like that.