Some interesting stats
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pdedse
Been There
Oregon
Posts: 3,256
Joined: Dec 2013
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04-05-2018 11:58 PM |
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Blockhead
Running Like a Top
Pittsburgh
Posts: 692
Joined: Aug 2013
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RE: Some interesting stats
Speaks volumes about the state of the economy after the 2008 recession.
2013 CB1100
2008 YZ 250
2008 TW200
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04-06-2018 02:43 AM |
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Banned
Banned
earth
Posts: 644
Joined: May 2017
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RE: Some interesting stats
Wow. If that age trend stays the same things are going to get substantially worse for motorcycle sales in the next 10-15 years as the 45% of 50+ riders age out.
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04-06-2018 03:31 AM |
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Nortoon
High Mileage
Ottawa, Ontario, Canada
Posts: 1,409
Joined: Jan 2015
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RE: Some interesting stats
In the 60s a long time motorcycle shop employee told me that sales were 6 years on and 6 years off. It seemed to work that way.
When my government job was moved to New Brunswick I took a job in a very large and successful motorcycle shop. While others shops were small and had bikes and helmets, this shop had a lot of accessories and riding gear as well. They also sold snowmobiles in the winter. Their parts department was so large, other dealers bought parts from them.
They had a contest between the salespeople to see who could sell the most Yamaha 350 R5s in one week. The good looking lady salesperson sold 7. Things looked good, but unfortunately we were on the downside of the sales cycle.
Shortly after that the owner began stuffing his pockets with the large bills from the cash register at the end of the day. I was let go the following week. It turned out to be the silver lining in the dark cloud. I got paid, but two weeks later nobody else did when the shop declared bankruptcy and closed.
The lead shop mechanic and his brother opened a small greasy bike repair shop in the bush at the far east end of the city. People that had dealt with them knew they did good work, so they survived during the lean years.
When sales picked up, they opened a brand new shop selling Yamahas, Harley Davidsons, and snowmobiles. They did well for a while, but when the down cycle hit they sold the shop, and opened a marina. That marina became very successful, making the two brother very well off.
2017 CB1100 EX
(This post was last modified: 04-06-2018 05:51 AM by Nortoon.)
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04-06-2018 05:49 AM |
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misterprofessionality
Road Warrior
Charleston, SC, USA
Posts: 2,287
Joined: Apr 2018
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RE: Some interesting stats
you know what's most funny about this is that younger folks could actually save a TON of money ( i mean life changing money) by ditching their car and switching to full time motorcycling. it really turned my whole life around when i did it years ago, yet they're the ones shying away from motorcycles so much. It's like there are beautiful options right in front of them and they just don't wanna take it.
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04-06-2018 07:48 AM |
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Nortoon
High Mileage
Ottawa, Ontario, Canada
Posts: 1,409
Joined: Jan 2015
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RE: Some interesting stats
(04-06-2018 07:48 AM)misterprofessionality Wrote: you know what's most funny about this is that younger folks could actually save a TON of money ( i mean life changing money) by ditching their car and switching to full time motorcycling.
Like U can't text on a cell phone while riding a motorcycle. Like U know what I mean like?
2017 CB1100 EX
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04-06-2018 07:55 PM |
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Houtman
Been There
NC USA
Posts: 4,481
Joined: May 2013
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RE: Some interesting stats
You are right Nortoon , on a motorcycle you have to pay attention otherwise you get killed.
In a car you do not have to pay attention as you only kill some one else like motorcyclists.
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04-07-2018 02:13 AM |
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jimgl3
High Mileage
Covington, Ga
Posts: 790
Joined: Apr 2015
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RE: Some interesting stats
and idiots like me on bicycles trying to stay healthy and live longer ....uh, if I don't get ran over by someone texting...
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04-07-2018 02:34 AM |
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