Originally Posted by
Sy Reene
Bit long, have to read it some other time, but quickly scanning it - "
The average margin on bike sales across allprice points was 36%"
That just pisses me off more, the product cost is 56% higher because some middle man takes a cut? Explains a lot.
Other than that, the other quick observation is just that this business model seems vastly inefficient and in dire need of an overhaul. So instead of whining about it, they should embrace the change and improve the industry.