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Old 01-12-05, 12:05 PM   #1
Dahon.Steve
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I received this email not too long ago.

Dear Cyclist,

>>>>>>>You once asked us about a bicycle that’s custom-fitted,
folds in seconds, packs into a standard suitcase,
and rides like a regular bike ... that’s why you’re
receiving this email.

We’ve been holding our prices down for many months
against the rise of the Yen and the Euro,
but we cannot continue to do so and still offer
you the product and service we’re famous for.

As of January 1, the prices of Bike Fridays rose by
up to 22% or as much as $450. <<<<<<<

It's incredible that Bike Friday can raise their prices by 22% in one year. I guess they're not doing so well and now they have to raise their prices to cover losses. It's sad to see this happening but Dahon had one of it's best years and sold a record number of bikes. If anything, the rise of the Yen and Euro would result in Bike Friday selling MORE bikes in Europe (the bikes would be less expensive) with the fall of American dollar. I guess this was not the case.

I'm concerned Bike Friday are pricing themselves out of business because I don't see how you can raise the price that much and not add quality on the finished product. I was once thinking of buying a Bike Friday but not anymore. I still think they make the best travel bikes in the business but for how long?
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Old 01-12-05, 12:22 PM   #2
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Strange... I see the bike I bought last year is the exact same price now. I also have NOT received an email indicating a higher price.

Who sent the email?

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Old 01-12-05, 01:30 PM   #3
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If they raised the prices. But like I said, I don't see any increases going on. So what gives? Who sent the email, because I don't see any increases on the site? What, they're secretly raising the prices, then when you call in, they tell everyone the prices on the site are incorrect? I don't see Bike Friday doing that.

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Old 01-12-05, 01:47 PM   #4
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Strange... They've called and emailed me about EVERYTHING since I toured their factory, and I didn't get this one...
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Old 01-12-05, 01:47 PM   #5
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The fact that ONE model might have had its price raised does not mean EVERY model had its price raised. I have heard reports of dramatic increases in the "dollar" price of bike products made in Japan (and these days, not many Japanese-made products come to the USA).

In addition, there are shortages of certain items, such as Shimano Ultegra's 10 speed group. A company as large as Trek may have the "clout" to get enough Ultegra stuff at an affordable price. A smaller company, such as Bike Friday, may have to buy on the "grey market" (re-buying Ultegra from a larger company that is willing to part with some Ultegra stuff for the "right" price).

In contrast, the communist Chinise dictatorship has been manipulating the value of its currency to enable their products to retail in the USA for LESS than the cost of the parts and materials. Some of the $70 Chinese bikes at Wal-Mart have Shimano parts on them that "retail" for over $100. Such practices have reduced America from making 10 million bikes each year to less than 1 million. Soon, the total will be far less.

"Cheap" bikes are paid for with the blood, sweat, and tears of one billion enslaved people.

Last edited by alanbikehouston; 01-12-05 at 01:52 PM.
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Old 01-12-05, 02:08 PM   #6
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As of January 1, the prices of Bike Fridays rose by
up to 22% or as much as $450.


This doesn't sound like someone trying to sell you something. Most companies don't send out emails announcing price increases of "up to 22% or as MUCH AS $450."
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Old 01-12-05, 09:13 PM   #7
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The OP sounds like self-serving BS to me. Recent mailings from Bike Friday have said NOTHING remotely like this.
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Old 01-13-05, 02:11 AM   #8
Dahon.Steve
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Quote:
Originally Posted by axolotl
The OP sounds like self-serving BS to me. Recent mailings from Bike Friday have said NOTHING remotely like this.
It's not BS and I'll forward the email to anyone who send me a PM.

Furthermore, the email was sent by the owners of Bike Friday themselves! Yes, you heard that correct. The two gentlemen who started Bike Friday sent me this email in the hopes that I would change my mind before Jan 1 and buy the Bike Friday of my dreams. It didn't work.

I believe this email was sent to those who do not own a Bike Friday but not those who have one. I still think the prices are going up but maybe on the expensive models. Then again, who knows. I agree this email had the reverse effect in that it turned me off in buying a Friday instead of picking up a phone with credit card in hand. Still. If Bike Friday are raising their prices 22% accross the board, they better add additional quality or expect to lose more market share to Dahon.
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Old 01-13-05, 02:40 AM   #9
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I'll vouch for the accuracy of this email as I received it as well. I just want to know who the 7'1" basketball player is. Here is what else follows after the mention of the 22% price increase:


But wait … You and your friends have a 2-week window to buy a new Bike Friday at a 2004 price.

That is:

ORDER A CUSTOM BIKE FRIDAY BY JANUARY 22, 2005 AT THE CURRENT 2004 PRICE. SAVE UP TO $450.
Mention magic code 1150.
Call Dave, Kurt, Walter, Steve or Peter now on 1-800-777-0258.

You'll be pleased to know that Bike Friday is still the #1 choice of serious cyclists who want their bicycles on hand when they travel - for business or pleasure. We both know it's because a Bike Friday really isn’t a ‘folding bike' at all.
It’s a performance bike you can take with you, around the block or around the world.
And as an owner, you're in great company - look at the famous folk who own a Bike Friday:

* Famous English Voice of the Tour de France Phil Liggett - Pocket Rocket Pro
http://www.bikefriday.com/main.cfm?f...er=LiggettPhil

* Guinness World Record holder (‘Most Traveled Man By Bicycle’) Heinz Stucke - Pocket Llama
http://www.bikefriday.com/main.cfm?f...er=StuckeHeinz

* Twice Race Across America ultramarathon cycling champ Lon Haldeman - Air Friday
http://www.bikefriday.com/main.cfm?f...er=HaldemanLon

* Cycling authorities Ed Pavelka and Fred Matheny of RoadBikeRider.com - Pocket Rocket Pros
http://www.bikefriday.com/main.cfm?f...MathenyFredPro

* Human Powered Vehicle champion Rob English - Pocket Rocket
http://www.bikefriday.com/main.cfm?f...der=EnglishRob

* ‘The Winningest American’ Davis Phinney - Pocket Rocket

* A 7’1” NBA Basketball star who must remain nameless - New World Tourist

So, what will you and your friends do on a Friday in 2005? Call us at 1-800-777-0258 before January 22, to own a new 2005 Bike Friday - it's like having a New World Tourist (or any other Bike Friday) at the 'Old World Price'.



Hanz Scholz, Co-founder
Alan Scholz, Co-founder

http://www.bikefriday.com
BIKE FRIDAY. PERFORMANCE THAT PACKS
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Old 01-13-05, 03:35 AM   #10
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Prices on components have shot through the roof. There have been huge shortages of raw materials and that has driven component prices up and up. On top of that, you have the devaluation of the dollar versus most other currencies. So that means all the components bought in Japan, Germany and Taiwan are much more expensive than they were in previous years. you'll find prices on many bikes up this year relative to last year.
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Old 01-13-05, 07:56 AM   #11
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Interesting how you omitted the part which allegedly discussed a price increase. What you quoted didn't say "22%" anywhere. Why don't you post the ENTIRE e-mail? Why would the OP not do that in the first place? And isn't a more logical explanation for price increases higher producer costs AND/OR higher demand for the product, as opposed to "I guess they're not doing so well"? Where's the evidence for both the claims made and the conclusions drawn?
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Old 01-13-05, 10:16 AM   #12
Dahon.Steve
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Quote:
Originally Posted by axolotl
Interesting how you omitted the part which allegedly discussed a price increase. What you quoted didn't say "22%" anywhere. Why don't you post the ENTIRE e-mail? Why would the OP not do that in the first place? And isn't a more logical explanation for price increases higher producer costs AND/OR higher demand for the product, as opposed to "I guess they're not doing so well"? Where's the evidence for both the claims made and the conclusions drawn?
1. Why didn't I post the Entire E-mail. --- Most of it was trivial. I considered the price increase to be significant.

2. There was no disscussion on the email concerning why the price increase is being passed onto the consumer in the first place. The 22% increase is on the email. Send me a PM and I'll forward the original post.

3. "I guess they're not doing so well" --- I did not need evidence because the statement was not a fact but an opinion. The word "Guess" does not mean fact. There were no factual claims made and conclusions were drawn based on life experience.
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Old 01-13-05, 10:29 AM   #13
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Originally Posted by Dahon.Steve
...Still. If Bike Friday are raising their prices 22% accross the board, they better add additional quality or expect to lose more market share to Dahon.
Why doesn't someone simply phone Bike Friday, and confirm the 2005 prices of specific models versus the 2004 prices of specific models? I would bet a nickle that they won't raise prices on EVERY model.

Lose market share to Dahon? Bike Friday is the Mercedes of folding bikes. Dahon is the Ford of folding bikes. People who want a Mercedes are seldom obsessive about the price.
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Old 01-13-05, 10:45 AM   #14
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I was considering a Bike Friday this fall and received the same message about having until January 22 to buy at 2004 prices. I had exchanged a couple emails with Walter of BF and maybe those recent emails got me on the distribution list.

Gary
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Old 01-13-05, 01:06 PM   #15
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In the most recent issue I have of Bike Friday's print publication, "Foldable Flyer", Fall 2004 edition, Alan Scholz, co-founder of BF wrote:

"Bike Friday has grown quite a bit in the past eight months and with that growth has come growing pains. For those of you that noticed the longer waits in service, please accept our thanks for your patience. Our service department has had some trouble keeping up with all your e-mail and phone requests. In some months this summer sales demand was up over 50% and our small crew was overwhelmed."
--------
Without any actual evidence, the OP concludes and publishes that Bike Friday isn't "doing so well", that they're not selling more bikes to European customers (what about the rest of the world?), and that Bike Friday isn't improving their product. I am convinced by actual evidence that Bike Friday is doing quite well at the present time, and that they continually make improvements to their already excellent product. I don't know for a fact, but I would guess, that given the apparent sales increase at Bike Friday, that some of the increase would come from sales to customers whose currency has risen against the US$.
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Old 01-14-05, 02:02 AM   #16
spambait11
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Quote:
Originally Posted by axolotl
Interesting how you omitted the part which allegedly discussed a price increase. What you quoted didn't say "22%" anywhere. Why don't you post the ENTIRE e-mail?
"Allegedly"? Are you a lawyer or something?
Here you go, matter of "factly".

It is a waste of bandwidth though.

=================================
Date: Fri, 7 Jan 2005 20:52:54 -0800
To: <...snipped...>
From: "Alan and Hanz Scholz" <lynettechiang@bikefriday.com>
Subject: Bike Friday: Get your friends on a Friday before price rise

Dear Bike Friday owner,

PSSST! Here's a once-only last chance for you and
your friends to buy a Bike Friday at a 2004 price.

We’re about to release some exciting new additions
and improvements to our range of singles, tandems
and recumbents for 2005. New designs and new materials,
while making the personal service you tell us is so
rare these days, even better.

We’ve been holding our prices down for many months
against the rise of the Yen and the Euro, but we
could not continue to do so and still offer you the
product and attention you have come to expect.

If you look on the web you'll see that all models
have had to rise by as much as $450, or 22%.

But wait … You and your friends have a 2-week
window to buy a new Bike Friday at a 2004 price.

That is:

ORDER A CUSTOM BIKE FRIDAY BY JANUARY 22, 2005 AT
THE CURRENT 2004 PRICE. SAVE UP TO $450.
Mention magic code 1150.
Call Dave, Kurt, Walter, Steve or Peter now on
1-800-777-0258.

You'll be pleased to know that Bike Friday is still
the #1 choice of serious cyclists who want their
bicycles on hand when they travel - for business
or pleasure. We both know it's because a Bike Friday
really isn’t a ‘folding bike' at all.
It’s a performance bike you can take with you,
around the block or around the world.
And as an owner, you're in great company - look at the
famous folk who own a Bike Friday:

* Famous English Voice of the Tour de France Phil
Liggett - Pocket Rocket Pro
http://www.bikefriday.com/main.cfm?f...er=LiggettPhil

* Guinness World Record holder (‘Most Traveled Man
By Bicycle’) Heinz Stucke - Pocket Llama
http://www.bikefriday.com/main.cfm?f...er=StuckeHeinz

* Twice Race Across America ultramarathon cycling
champ Lon Haldeman - Air Friday
http://www.bikefriday.com/main.cfm?f...er=HaldemanLon

* Cycling authorities Ed Pavelka and Fred Matheny of RoadBikeRider.com
- Pocket Rocket Pros
http://www.bikefriday.com/main.cfm?f...MathenyFredPro

* Human Powered Vehicle champion Rob English -
Pocket Rocket
http://www.bikefriday.com/main.cfm?f...der=EnglishRob

* ‘The Winningest American’ Davis Phinney -
Pocket Rocket

* A 7’1” NBA Basketball star who must remain
nameless - New World Tourist

So, what will you and your friends do on a Friday
in 2005? Call us at 1-800-777-0258 before January
22, to own a new 2005 Bike Friday - it's like having
a New World Tourist (or any other Bike Friday) at
the 'Old World Price'.



Hanz Scholz, Co-founder
Alan Scholz, Co-founder

http://www.bikefriday.com
BIKE FRIDAY. PERFORMANCE THAT PACKS.
Bike Friday Best Holiday Reading 2004:
http://www.bikefriday.com/bf/holiday-reading2004
Events: http://www.bikefriday.com/events.cfm

P.S. To be taken off the list for this or any future e-mailings from
Bike Friday, simply reply "nein danke."
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Old 01-14-05, 08:07 AM   #17
james Haury
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They are reworking the satrday folding recumbent and working on a faster folding bike for the commuter market.This might account for the need to raise prices.
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Old 01-14-05, 09:31 AM   #18
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just my 2 cents

Dahon will increase prices as well on most of their models for 05 ...

Its not going to be 20 %....

And there are significant changes on the bikes, which are easily identified as raising
the overal quality again for the next year. The bikes are a far cry from the folders of 5 years
( even 3 years ago ).
However some prices will turn people off, even for Dahon bikes. Dahon needs to be careful not to make
all too big jumps for their medium quality bikes.

Yes I do sell Dahons, and I like the bikes , the company and the people...


What I wanted to say is probably that we all have to live with price increases for the next year.
Unfortunate letter from Bike Friday though, I would have written it different, I hate if people try to push you to make a decision based on an upcoming price increase...

Brakemeister
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Old 01-14-05, 12:19 PM   #19
Gary Mc
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Quote:
Originally Posted by brakemeister
just my 2 cents

Unfortunate letter from Bike Friday though, I would have written it different, I hate if people try to push you to make a decision based on an upcoming price increase...

Brakemeister
As a prospective customer, I felt the same. I suppose one could take it as a warning so that they would not be surprized and disappointed later when the bike of your choice was priced out of range.

Regards, Gary
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Old 01-14-05, 01:37 PM   #20
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Thanks for posting the entire e-mail from Bike Friday, spambait11. As I suspected, some parts omitted from the OP's cut and paste job refute some of the claims made in the OP. Specifically, the part where he states:

"I don't see how you can raise the price that much and not add quality on the finished product".

Whereas part of what the OP omitted from Bike Friday's e-mail stated:

"We’re about to release some exciting new additions
and improvements to our range of singles, tandems
and recumbents for 2005. New designs and new materials,
while making the personal service you tell us is so
rare these days, even better."

I agree that the Bike Friday folks could have worded things a little better. What they wrote about the size of the price increases is ambiguous. And as two of you have pointed out, notices about price increases can be taken two ways--trying to pressure folks to make a purchase (esp. if the price increases are overstated), or merely informing prospective customers that it they intend to make a purchase, they can save some money by acting sooner rather than later. I think both viewpoints are valid.
The OP struck me as having an agenda, implying that Bike Friday is going belly-up when the opposite appears to be true; claiming that Bike Friday isn't making improvements to their products when the opposite is true; speculating wildly about the reasons for Bike Friday's price increases when Bike Friday themselves cited completely different and more plausible reasons. There were also irrelevent comments about how fabulously Dahon was doing. No, I'm not a lawyer. But yes, I believe there was an agenda in the OP, and I feel it is important to challenge such rhetoric when the facts don't back it up.
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Old 01-14-05, 04:23 PM   #21
eff-J
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Let's see here...


2003: I can't afford a Bike Friday

2004: I can't afford a Bike Friday

(BF increases prices 22%)

2005: I can't afford a Bike Friday


Doesn't really bother me that much.
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Old 01-14-05, 05:17 PM   #22
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Hey, Bike Fridays are still made in the USA, that should count for something...

When I was recently in France and Spain, I noticed that Bromptons appeared to be the most popular folding bikes; I think the Brits have pretty much cornered the European market on folding bikes...
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Old 01-14-05, 07:05 PM   #23
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In 2004 I could not afford a Bike Friday. I bought a Giant Halfway

In 2005 I could not afford a Bike Friday. I bought another Giant Halfway!
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Old 01-14-05, 08:15 PM   #24
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Quote:
Originally Posted by ruchai


In 2004 I could not afford a Bike Friday. I bought a Giant Halfway

In 2005 I could not afford a Bike Friday. I bought another Giant Halfway!
Those are really nice looking bikes. I do not recall seeing any Giant models like those here in Texas. I am a sucker for "looks"...if your Giant ride as nice as they look, a BUNCH of people will want one.

Is your red Giant a one speed or a three speed?
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Old 01-15-05, 06:17 AM   #25
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The red one is a single speed, the blue one has 7 speed Shimano Sram with 33 - 72 Gear Inch. Both are very fun to ride. Try this:

http://www.giantbicycles.com/us/030....sp?model=10834
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