We maximize efficiency and profit for retailers through identifying common needs in Buying, Marketing, Cost Savings, and Training. The collective power of the group brings strength to the individual. That is the fundamental concept behind a cooperative. A cooperative's mission is to identify common needs among its members and leverage the group to maximize efficiencies and economies of scale. It is the combined force of individuals that gives the cooperative its power, and in turn that power makes the individual stronger.
"Membership has provided the tools to harness and maximize our store’s potential. Potential that we had never, ever imagined."Joe & Cheryl Russell Russell's Cycling & Fitness Washington, IL
Here’s an example of the average annual savings Co-op members earn on some of our most popular programs:
|Loyalty Program Software||$3,300|
|Credit Card Processing||$2,898|
|Private Label (Increased Profit)||$1,175|
|Best Practices Training||$850|
|Total Annual Average Savings||$11,350|
You pay an average of $300 per month to gain access to Co-op services (higher in the warmer months, lower in the colder months). If you have more than one store there is an additional monthly investment of $149 per month for each branch location. Paying monthly membership dues gives you access to all of our programs plus store-specific consultation. Above these monthly dues, you incur extra charges when paying for your store’s marketing materials, purchasing gift cards, or attending certain training events. All of our services are optional, and you choose only what works for your business.
Sure, you can do much of this yourself! The real question is, "Is doing it ALL by yourself the most efficient use of your time and money?" The very best business people make strategic decisions on how best to utilize their limited time and money. The Bike Cooperative enables retailers to free up critical resources so that they can invest more time into the areas of their business that really need their attention. By proactively investing in and working with the Co-op’s tools and services, you will improve profitability and remove road blocks to an even brighter future. Most of our members are very successful before they ever join our group. The Bike Cooperative is simply a set of tools that allows you to propel your business to the next level. You choose what you need, and only what you need. Our member retailers range from small two- to three-person operations up to multi-million dollar stores.
We believe in the inherent goodness of independent bike stores, large and small, as a positive influence in society. We believe that riding bikes is good for people's health, great for the environment, and that people who ride bikes are ultimately more connected to their communities. If you believe in your store, and the power you have as an agent of social change, we are thrilled to help you maximize your store’s success.back to top