Why one small business owner explains why tariffs help him


00:00 Speaker A

As a reseller of second-hand e-bike, we actually expect more demand in the coming months than expected. And it all comes down to, uh, to our business model and the way we we source, uh, we resell and we, uh, and, and we repair our bikes. Um, we source in the US, uh, we refer slash repair in the US, um, and we resell in the US. Uh, so obviously our prices are going to stay quite flat or slightly increase, but not as much as, uh, the rest of the the e-bike market. Uh, we have a current stock, um, and we bought these bikes pre-tariff. Um, they are around three to four million e-bikes in circulation in the US right now. And these bikes have been, uh, purchased pre-tariff. So just the value of these e-bikes is going to increase slightly. So we’ll have to purchase them slightly higher and resell them slightly higher, but not, the increase is not going to be as substantial as as the rest of, as the rest of the bike market. Um, obviously for, for second-hand, uh, product reseller, um, you’re going, we’re going to sell faster. So we’re going to impact a bit less our prices with the risk of inventory, right? So it’s going to decrease or the pressure on, on our prices. Um, and finally with, with this tariff, it’s our belief that, um, it’s impacted all sectors and one of the sectors, uh, most impacted is, is the, the car industry. And we expect more people to, to lean towards an e-bike when it comes to choosing between an e-bike and a car. Um, and obviously with 80% of the car trips in the US being less than 10 miles, um, e-bikes are, obviously a cheaper alternative.


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