The warm weather has finally landed in the UK and more and more consumers seem to be getting outside to enjoy the sunshine. And with a few bank holidays approaching, buying bicycles from wholesalers could be profitable for your wholesale reselling business.
Bicycles are popular all year round as they are an easy and cheap form of transport. However they are especially popular during warm weather spells and the summer. Many consumers use bicycles to travel to work, to socialise and for exercise and sales seem to soar throughout the summertime.
The bicycle industry is worth an estimated £3bn in the UK every year – that figure includes employment, bicycles, equipment and accessories. So this is certainly a market that resellers can profit from if they contact the right wholesale supplier.
Although retail stores still see consumers visit and purchase, the number of second hand bikes being sold appears to be increasing. More and more consumers search online on sites like eBay and Amazon for second hand or clearance items for a bargain purchase. Many consumers also look online at retail chains as often the web can provide better pricing.
If you want to cash in on this market and buy wholesale bikes at a good rate why not try police auctions? Bargains can be found and there is a definite opportunity to make a healthy profit margin from a resale. Alternatively search the sight to find bicycle wholesalers who can offer products at competitive prices too.
Start browsing the site today to find wholesale suppliers.