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All because they didn’t understand what people wanted and how the market was changing around them and were disdainful of the competition until it was way too late. Cost is an important part of the equation, but it’s not the only part. Naive bike buyers gravitate towards features that make a bicycle worse for everyday use. Knobbly tires provide more grip schwinn ebike in mud, but less grip and higher rolling resistance on tarmac. Suspension is worse than useless if you’re not barreling across a bumpy trail, which is why quality suspension systems have a lock-out to temporarily disable it. It was ultimately self-destructive, because the poor quality of those products harmed the reputation of the whole industry.

BBB Business Profiles may not be reproduced for sales or promotional purposes. There are people who are so bad at recognising the truth (or quality) that they don’t even know they’re bad at it. Street biking is a little less aggressive compared to double black diamond mountain biking though so I should last a bit longer. I pedal hard enough I suspect I could break the crank off a BSO in a week.

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They were “bad” customers, not the “good customers who make for good products”. Pretty sure you misread what is some admittedly hard-to-parse writing. It’s much as embellishment of virtually any product occurs with time, but most especially functional systems, which negate the actual useful appeal.

They understand that you don’t get a second chance at a first impression. They know that it’s easier to start with a prestigious product and move downmarket than vice-versa. The Owner of the bike store (who sponcered the race) made sure we crossed the line before he and his buddies went home.

Here the issue is implications of use or manufacture of a good or service which aren’t available to anyone when initially transacted or provided. The use of fossil fuels (global warming, acid rain, particulates) comes to mind. Thomas Midgley, the most dangerous inventor in history, is another example. Two of his creations, freon (chlorofluorocarbons) and leaded gasoline both threatened or harmed more people than any other single person in history. Because they weren’t knowledgeable, that’s the whole point.

Put another way, the situation is of a high-reward environment (lots of dumb money flowing), rewarding variation, but with a really bad selection criterion. It’s essentially disevolution at work — the goal is to suck up as much money as possible, regardless of technical quality, and it works because technical quality is hard to assess for. And DK2 had a strong chemical latex smell that, in combination with some first experiences causing nausea, ingrained a long term aversion in users. Friendly, honest, informative, and fixed my bike while I waited.Couldn’t be happier with Real Bikes.” Mark Smith has a nice page about his Schwinn bikes , also some good Schwinn Repair and Restoration tips.