Build Them, Sell Them, Stimulate The Market

Discussion in 'General Questions' started by graucho, Feb 29, 2008.

  1. graucho

    graucho Active Member

    Hello all, in the last month I built 2 extra bikes and sold them. Im tring to stimulate the motorbike interest in my area. Besides myself, I have only seen 1 other person riding a MB im my area. I guess I want opinions. Is this a good thing? or is it bad to draw more attention by the city officials by flooding the market place. I have my thoughts. But as my wife says, "your NOT always right" Thanks for any opinions. graucho
     
    Last edited: Feb 29, 2008

  2. mickey

    mickey Guest

    I don't see how increasing the number of sane, responsible MBs out there can hurt.

    A sudden increase among the crazy might bring the kind of reaction the skater kids' wildness in our downtown got. Banishment to a crappy skateboard park at the very edge of town.
     
  3. fastboy9

    fastboy9 Member

    Where I'm from I've never seen a petrol motorized bike seen a few old people on electric bikes but thats it. I'm the only person in my area with one and im pretty sure at least for 40 miles. I've had so many people interested in them, i get a lot of reactions from people but mainly they are in awe and wish they had one. However I'm not sure if they would like it enough to buy one. I'm going to sell my bike as soon as I've got it marked (college project) so I can move on to the next project. It would be so good if over here in England it caught on, then I could have somebody to ride with!

    But how much would people be willing to pay for them? The kits cost me about £120 ($200) and the bike £90($160) I would at least want to sell it for £290 ($580) giving me a profit of £80 ($160).

    How much do you think people would pay for them?
     
  4. loquin

    loquin Active Member

    Well...

    If you work out an installer arrangement with the company that you bought it from, you should get a discount on the kit. Probably, a sliding scale, depending on the number of kits you install.

    You might consider having the customer buy their own bike, (as long as it has minimum equipment (front&rear brakes, etc.) That way, you wouldn't have to have bikes in inventory or expend your funds on buying a bike AND a motor before you can install.

    Then, estimate your time, misc. expenses, etc., and determine a MINIMUM sell cost which would be adequate. Anything over that is "value added" pricing.
     
  5. graucho

    graucho Active Member

    The 2 bikes that I sold, I got 575.00 apiece. If you figure my time (16hrs total) I didn't make much. Im just trying to stimulate interest, acceptance, and getting a new means of transportation out there.

    I think if your interested at making money at it, you would have to just build a "bare bones" stock setup. Then do a couple a day. Then be affiliated with a local bike shop to help promotions and sales.

    Im only doing it to spark peoples interest, educate, and jump into the "FUN" graucho
     
    Last edited by a moderator: Dec 18, 2015
  6. Skyliner70cc

    Skyliner70cc Active Member

    I sell mine for $575.00 and take about 10 hours to do a very thorough build on a new bike. I'm raising my price to $600.00. I usually sell 1-2 per month on average. These are novelties that require a fair amount of discretionary income that most folks don't have.
     
  7. fastboy9

    fastboy9 Member

    Thanks for the advice guys, I enjoy building them just as much as i do riding them, if not more! I'm only 16 so any money is good, would want to get at least £70 ($140) profit though
     
  8. Skyliner70cc

    Skyliner70cc Active Member

    Whatever you do, put at least 50 miles on each bike you build. You don't want customers dealing with stretched chains, carb needle valve adjustments, idle adjustments (as engines breaks in and loosens up, idle will increase naturally), harder starts then new, and loose bolts etc....
     
  9. HI all,

    I have often thought the same thing....I run a lawn care business and we are getting ready to advertise so I decided to put an ad for the motorized bikes on the back of my regular lawn care flyer ( I call the bikes SuperCycles)....The local newspaper will deliver 15000 copies of the ad locally for me plus I will be handing out flyers also...Probably a total of about 25000 flyers total....It would be interesting to see what the response rate is....I'll keep you posted (they won't go out for about a week).I will either sell the bikes as a DIY kit (I'll buy the bikes and the engine kits and provide a better set of instruction in addition to the factory instructions (factory instructions may be edited a bit tho) or I can have a friend of mine who is very mechanically inclined to build some (he built 3 so far for me and does a really good job on them!
    Andrew
     
  10. eltatertoto

    eltatertoto Guest

    well, ive thunk it over (lol thunk it) and i called the family attourney, and he said as long as i gat a contract written up, and i state i am not responsible, it would be totallylegal. but my parents would have to be co-signers, and so would the lawyer. just for thought. dont do it, without proper paperwork, or ull get sued.
     
  11. Skyliner70cc

    Skyliner70cc Active Member

    eltatertoto,
    Get a second opinion. Most lawyers will tell you that liability release documents aren't worth the paper they are signed on...meaning that you can still be sued simply by claiming gross negligence on your part.

    When I sell a bike, I use an email address that doesn't have my real name on it, I don't give my address and meet the buyer at a public place. I only accept cash for the sale and do not offer any proof of the sale..meaning no receipt. I don't make enough money off of selling these bikes to afford a liability insurance policy and don't want to put myself in financial jeopardy. The customer has no proof that they bought the bike from me and I have no problem telling them either when they ask for a receipt and I decline. Some have balked but eventually bought the bike.
     
  12. eltatertoto

    eltatertoto Guest

    thanks a bunch skyliner! coulda got myself in a heap of trouble there. how do ya advertise? i was thinkin putting up a flyer at the grocery store to start. and do ya get like a deposit? or do ya take the money up front?
     
    Last edited by a moderator: Mar 6, 2008
  13. graucho

    graucho Active Member

    Good points. This is why in my earlier thread i said this...."Be affiliated with a local bike shop to help promotions and sales". This would protect you through their business. Other wise do as skyliner70cc said. As always, throw the word "lawyer" into the conversation and take all of the fun out of it.
     
    Last edited: Mar 6, 2008
  14. Skyliner70cc

    Skyliner70cc Active Member

    How do I advertise? I use the internet but found that intentionally driving around populated areas such as Walmart/Home Depot parking lots and neighborhoods works well too! I've had folks hop in their cars and flag me down to get info about my bike(s).
     
  15. Scottm

    Scottm Guest

    I met a guy back beofre Christmas while out riding around. He finally called me yesterday and wants to take me shopping on Saturday for a bike and accessories. I won him a motor on e-bay yesterday. I have been thinking about the break in period too. I may let him ride one of my bikes until I have his running well. I'll have a riding buddy plus that will give me the opportunity to do maintenance on his bike.

    Since 3 bikes is enough for me, I guess it will be fun building them for others. Before MBc my Saturdays were spent rotting on the couch infront of the TV, now I'm in the garage or riding all day saturday.
     
  16. eltatertoto

    eltatertoto Guest

    thanks for the info skyliner.
     
  17. Skyliner70cc

    Skyliner70cc Active Member

    No problem. I don't take deposits because I have 1-2 bikes for sale at all times and I ride them until I do.

    BTW, I do ride on occasion with one of my customers. He was one of the few that I sold a new bike (no miles on it) and he was very disappointed in the engine power for the first several months of use. Once broken in, he's all smiles and couldn't believe the difference in power due to break in.
     
  18. Scottm

    Scottm Guest

    We have to remember to stress safety, ie: helmets and mirrors. Here in Texas we have to have proof of insurance before you can buy, register or inspect your car. I would want my customer to show me his/her DOT approved helmet and use of hand/turn signals before I let them loose on a motored bike. Plus we should make them aware of any laws we are aware of.

    Skyliner, it sounds like you did a great job of teaching your customer about break in and fuel mixture. Id' feel awful if someone scorched their engine early in the game.
     
  19. azbill

    azbill Active Member

    personally, I think if you want to make money selling pre-built bikes, you should stand behind your wares
    using fake e-mail addys and such makes it kinda shady, (IMHO) and will not give the motoredbike movement a good name
    I would never buy something from someone who wasn't upfront with me
     
  20. I just sold a bike to a friend, and in the price I offered free support for the bike, as long as he pays for materials involved in the fix. I like tinkering with them too much not to offer this kind of service.
     
Loading...