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The core thesis behind the program is exciting. The bike industry in America exists primarily serve a relatively small group of enthusiasts, but it doesn't have to. There's no equivalent to the Dutch department store bikes that, if memory serves correctly, were cheap but simple, low-maintenance, and better outfitted for casual riding (fenders, a light, a lock). As the article suggests, I suspect it's more a problem of distribution. If IDEO suggested a $500 bike to be sold to casual riders at their local bike shop, well, that already exists. What doesn't exist (but could?) is a $275 steel three-speed at Walmart that's less performance-oriented than a $500 Trek but more practical than a beach cruiser. |
Cycling as an activity has gone way upmarket in the last 30 years, as there aren't many new people in the sport and the main demographic is wealth older guys who spend obscene money on bikes.
The classic case is "Fat bikes", which were the unexpected success story a few years ago, and took over the industry by storm. All the sudden a ton of guys are getting another $4k bike, and people like me who always bought used aluminum or steel frames for racing (won't explode like carbon- have seen this happen multiple times, won't cost much to replace). The number of wealthy men in their 50s I know with $20+k of bikes is amazing. Sure, it's better than buying a fancy car, but it's a change from when I was a kid and most guys just had their commuter bike and road bike.