I have to disagree with the reasoning here.
The Great price hike in bikes started at least a year before inflation started showing sings of rising.
Shipping cost is still miniscule for light, low volume, high value goods like bikes. They still ship 3$ t-shirts from Asia while making a profit, don't anyone tell me that a bike needs to be 500$ more just to cover shipping. Bike companies are not fighting to stay afloat, especially not the large ones. They are growing at rates not seen in decades.
I suppose the main issue is a supply crunch and massively high demand. Which allows everyone along the supply chain to hike prices per unit without losing business.
April 21, 2022, 6:38 a.m. - Timer
I have to disagree with the reasoning here. The Great price hike in bikes started at least a year before inflation started showing sings of rising. Shipping cost is still miniscule for light, low volume, high value goods like bikes. They still ship 3$ t-shirts from Asia while making a profit, don't anyone tell me that a bike needs to be 500$ more just to cover shipping. Bike companies are not fighting to stay afloat, especially not the large ones. They are growing at rates not seen in decades. I suppose the main issue is a supply crunch and massively high demand. Which allows everyone along the supply chain to hike prices per unit without losing business.