Doug Report talks to
i.e. Bikes owner, Matt Barringer, about his shop and what he is
doing to create
an atmosphere that is pleasing to his customers and at the same time
provide a level of service that exceeds their expectations.
DR:
Tell us about yourself and i.e. Bikes – background, history
and the like.
Matt: The bike shop has been around for almost 15 years
and we started
the store literally out of me losing my last job. The store that I was
working at before was making cutbacks and doing different things, going
in different directions. My dad and I had already been talking about
opening a bike shop and this just provided an opportunity for me to do
so, so that’s really where it came out of.
It had always been
one of my dreams to own a bicycle store.
I’ve been working in a bike shop since I was 11 years old, started
working in a bike shop in Vista, CA because the guy was sponsoring me
for BMX racing, and he says hey if I’m going to be giving you stuff,
you’re going to learn something too. So I worked there from
the time I was 11 years old until I was 16 and then he gave me a job, a
paying job, and then it was about a year later I got a job at a local
store in Escondido, CA because we lived in Escondido.
I started mountain
biking when I was about 13 or 14 because it was a
meld between my two loves, which was road racing which I had done for a
while - racing mountain bikes was a mix of the road and
BMX. I started doing that more and more and ended
up getting a couple jobs with some race teams as a junior mechanic and
getting more experience.
Some of the bike shop owners really took me under their wing
and sent me to different schools, United Bicycle Institute, Barnet
Bicycle School, UCF training. So it was really amazing as it
progressed.
My time in the industry has been pretty incredible and the industry has
been really good to me. A lot of people, my best friends to
this day I’ve met through the bicycle industry. You know it’s amazing
and there are so many different people to share so many different
passions and it’s an awesome thing to see.
DR: What is the
demographic you cater to?
Matt: Our customer
is pretty broad based, we’re not a specialty store
in any one realm of the bicycle industry, we’re not a road shop, a
mountain shop, or a BMX shop, we are an all-around bike shop.
We do anything from your kids first bike, which is a shrinking market
because more people are buying WalMart bikes. Personally I’d
never let my kid ride on one of those bikes.
We do top level BMX bikes, we do low and entry level BMX
bikes, we do low-end mountain bikes starting at $219 all the way up to
9 to 12 thousand dollar mountain bikes and much the same in the road
bike realm you know starting at $450 all the way up to 12, 13, 14
thousand dollars. We do a vast array of bikes and it takes a
lot of expertise and a lot of time and luckily I’ve been able to find
people that are very skilled in those areas and just meld them in with
my own personal experience through the industry.
DR: so the bikes
you sell are an even mix, mountain BMX?
You know
I’d have to say in sheer volume, we do more BMX than
anything but as far as total dollars, it’s very, very evenly split
because BMX bikes, you know, the average is $369 that we sell, so at
$369 it takes up a lot of those BMX bikes to make up for one
$11,000 custom Look. The bike we’re looking at right here,
this one’s a $7,000 Elsworth Mountain Bike that I’m custom building for
a customer so we have every genre of the bicycle industry in
here. Not so much of the downhill at this time, we do have
more and more people asking us for it but I haven’t really
found enough people to really dedicate the money or floor
space
DR: there probably
aren’t many downhill courses around here either.
Honestly, there’s
downhill courses, yes, more free
ride type courses, and up in Fontana, CA - the downhill series up there
is pretty big. There are a lot of people that race that
downhill series. It’s not what it used to be back when Big
Bear or Snow Summit was the downhill capital of the world. It’s not
what it once was, BMX racing has really fallen
off the wayside and been replaced by dirt jumping and the more park
riding and just street riding.
DR: I really like
your
new layout. What prompted the change?
Matt: We changed the
store around mainly because I saw a serious need for
better flow in the store and an updated look. You know with
increasing competition in the Valley the store definitely needed a
facelift, it was looking very “old school” and I wanted to set myself
apart from the other stores in the area, changing the look and also
doing something new that nobody else has done that I’ve never
seen. Just trying something new with the steel on the wall
and the way the bikes are suspended and then just doing the little
lounge area in the back where people can show up. I had a couple of
customers yesterday they actually brought in their own movie because
they knew they were going to be here for a while so they brought in
Chasing Legends to watch on the flat screen. So it was partly
out of necessity and, you know, partly out of security. The
way we can see the floor now is much better, the layout is much better,
people can see the product much better, people are more apt
to get greeted – the remodel has turned out really good and I
was able to do what looks like a lot for a minimal amount of
money. The total remodel cost me very little but a lot of
sweat equity in it.
DR: You encourage
customers to “hang out” in the shop?
Matt: We really
want the people to hang out in the store, we want an
atmosphere where they want to come in, hangout, talk, where people help
other people is the point. The more people learn about other
things, they become more passionate about it. It’s a snowball
effect, one person hangs out,, another person hangs out, that person
talks to another and all of a sudden we have 6 to 10 people all sitting
around drinking a cup of coffee and discussing a ride that one person
did that now all of them are going to go out and do together, whether
it be a mountain bike ride or a road ride or a bunch of kids talking
about a new jump that they built down on a greenbelt, so it’s turned
very much into that. It’s been very cool.
DR: Do you sponsor
any
races? Any racers?
Matt: Yes we do
sponsor
the Tour de Murrieta, and we sponsor a team called
Team Dude Girl which is mostly
women, it’s also got a section in it called Ride Dude, and I believe
there are about 8 men on the squad and I think 27 women so it’s mainly
a women’s road racing crew and they actually do quite well.
It’s headed up by Chad Empy, Ray Miller and Regan Lunsford
and they do an amazing job of keeping that thing going
and Karen is very happy with it and I’ve been just
overwhelmed with the overall success of the team. So they’ve
done really good. We also offer discounts to all the clubs in
the area, we’re not going to discriminate against one club or
another. We offer discounts to all the clubs in the area and
just try to help them out. It’s about growing the sport as a
whole not just trying to help out one club.
DR: How about
organized rides from your shop?
Matt: Yes, we have
organized rides, there are several that kind of
springboard off of them but from the store every Saturday morning there
are an A, B, and C group of road riders that take off in the mornings
and
they pretty much do the same loop every week and it turns into a
hammerfest, it’s a 42 mile ride. And then we have Thursday night
mountain bike rides, we’re working with the City of Murrieta
to adopt a trail for this entire loop and then we also have a Saturday
morning mountain bike ride as well that does that same loop and others
that just organize ahead of time and they say we’ll meet here or
there. There are several rides, as I said, they springboard
and do different rides throughout the week. There’s a group
that comes in here every Thursday morning, about 5 or 6 or them, they
do their road ride and then come back and go home. So different groups
meet depending on their respective schedules and create multiple rides
through the store throughout the week.
DR: Where can we
find more information about i. e. Bikes?
Matt: We do have a
website that we’re continually working on.
A friend of mine helped me built one that is currently up and he did a
great job – I can’t complain about the price. That’s
iebikes.com and then we also have a fan page as well as a
Friend page on Facebook and pretty much everything gets shared on that
as well. So there are several different ways to get hold of
the store, we have the internet, and then we also have the phone lines
and fax lines.
(DR: Facebook, is that i.e. Bikes?)
Correct, if
you do a search on i.e. Bikes it will come up. There
will be
two different ones, one a picture of the front of the store and the
other one with the logo of the shop.
DR: What is i.e.
Bikes' “mission?” (what is the ideal bike shop?)
Matt: Really, what
I want to offer people is something that is becoming
more and more rare in the bicycle industry, a true professional
mechanic, somebody who really knows what they’re doing, not just that
can
tweek a derailleur, but actually knows what they’re looking at, they
can
look at a bike and diagnose the problem almost immediately just by
looking at it or diagnose a problem that somebody else may have done
wrong at another time. And, It may not be a major thing but if it’s not
right then it’s not right and I want to make sure that I’m always doing
things to the best of my ability, and putting 27 years of knowledge can
definitely help that and I want to try and create more of those people
and I want to bring in new people that can learn that.
I just
had one of my employees, who went up to the United Bicycle Institute
and
he was up there for a month and the kid didn’t really have a whole lot
of shop experience before that, he’d been a biker since he’s been a
little kid but he didn’t really have any practical bike shop
experience, oh he was here for 3 months went up to the United Bicycle
Institute, which was not a cheap ordeal, comes back and the
kids just hungry to learn everything and anything.
I want to make sure we are a store what offers what the customers are
looking for. You know I can’t carry everything all the time
but I can try to carry a little bit of everything all the time and
that’s something that a lot of shops are missing these days, they’re
not carrying the SRAM or the DuraAce, or any of the Campy stuff and I
try to keep some of that stuff in stock all the time. People give us a
call they say do you have any of the Campy boron brake pads, as a
matter of fact we do, do you have any DuraAce rear derailleurs, yes, as
a
matter of fact, we have one in stock. I’m not going
to stock 20 of those things because you know I’m
not a road shop, I try keep a little of everything in the store at all
times, where most of the time I can fix a person’s bike and get them
back on the road as quickly as possible.
DR: Why would a
customer want to buy a bike here?
Matt: Um, well, I
would hope that when they walk in the door, first off
they’re greeted, and not just a generic “Hey, how are you?” type thing
or “Hi how are you today?” without any response back. You know, after
they may say “Oh, I’m good”, and then there’s nothing there that
follows that – hopefully, it’s an atmosphere where we’re trying to
build relationships beyond that, as I’ve said earlier, my closest
friends I’ve met through this store and I like to continue to build
those relationships and not just build customers but build
relationships.
To follow up here there are brands, sometimes people shop for brands.
Is it brand oriented? I’ve become less and less
brand oriented because when people come into a bike shop anymore,
especially the lay person that that doesn’t necessarily know quite as
much and even some of the more experienced riders they all shop oh if
you don’t have Cannondale, or Giant, or
Specialized or Trek you know, then you’re really nothing, you’re not a
bike shop unless you have one of those brands and, I was a Specialized
dealer for 13 years and I’m no longer drinking the Kool-aid you’d say,
and I’m finding values out there in places that you
would never think it.
Look Cycles has a road bike
that’s a 566 with a 105 gruppo at $2500.
That
goes directly, I mean directly against any Cannondale, Giant,
Specialized, Trek or any other brand out there on the face of the earth
price and quality wise every step of the way. And if I can
have something like that in my store and offer them something that’s a
little bit more of a boutique brand, I’m gonna do it. There
are brands out there that I think offer a generally better value, KHS
is an amazing value brand. I can’t think of any company that
could stack up to them as far as overall value of their
bikes. Bang for the buck is just insane. Focus is
one of my most exciting lines right now. I mean I’m just really excited
overall about the line. The company’s only been in this
country for a couple of years, and the line is really nice
and beautifully made bikes, German manufactured, they’re coming on
strong, the company’s been around the more than 20 years but in America
it’s not known at all. It’s gaining momentum in a big, big
way, and an amazing company to work with and Scott and Chris and Dan
have been absolutely phenomenal and they’ve helped me out a great deal
for what has been a very arduous time in my company’s history
and they’ve been amazingly helpful. The brands that I’m now
dealing with because of what they’ve done for me, I can’t see myself
separating from them, they’ve been incredible.
DR:
There has been an economic downturn in the Inland Empire. Has it caused
a slowdown in your business? If so, have you seen any signs of a
turnaround?
Matt: We got hit
really hard, I mean not just because of the economy
but because of some past decisions that were made in this company and
I’ve spent the past three years digging out of that hole, so it’s been
a long road and we’re not done with it yet, but we are still working
our way out of that - you know the hole is not nearly as deep, I’m only
at my ankles instead of it’s like barely breathing through a straw with
my head under - it’s only up to my ankles now and I’m
very happy with that.
The economy definitely hit us hard and coupled with the economics of
the business itself at the time, it was more than doubly difficult ad
without the help of some of my vendors, I wouldn’t be here. I
definitely would not be here. Some of my vendors have been
absolutely incredible in helping me out with that along with
the help of some of my greater friends that I’ve met, I’ve met them all
here so yes the economy has definitely hit us hard but I’ve seen some
signs of recovery but I also see other signs that could spell
additional disaster – rising gas prices, the weakening of the
dollar, Every single manufacturer I deal with has
had a price increase, some as much as 15%. So with price
increases like that across the board it’s going to take a
toll.
Now in 2008 when we had the high gas prices, once it
reached the $5 mark, all of a sudden people became green conscious,
hey, I’m gonna start commuting by bike because I’ve been looking for a
reason to do that, and they did. All the way until the gas
prices went back down then they went out and bought another gas guzzler
and now they’re driving that. So I did get a lot of
eco-friendly people when the gas continually went up, as they continue
to go up, we’ll find a lot more eco-friendly people and there are some
people that I sold bikes to that are still riding to this
day.
DR: I
Hear
a lot talk, and the things that I read on the economy and the way
things are going vis-a-vis the internet, where there’s a lot of brick
and mortar turning into on-line shopping. Are you getting
into that, do you have any plans?
Matt: I have no
aspirations, um, I can’t say that, I have looked into it and
it isn’t something I have completely discounted, but you know, I’m busy
enough with trying to work on bikes and, you know, keep the store
rolling, and continuing with daily business right now. One of
the things that on-line shopping can’t offer you is the level of
expertise you can go to./
(DR: it’s just that a lot of the on-line stores are
undercutting the prices that people are - - - )
That is true but, a lot of the companies are starting to kind of put a
kibosh on that as far as enforcing minimum retails and stuff like that
because if you value the product as a whole, I mean is the product
worth what you’re paying for or is it not. I mean is a Di2
rear derailleur? really worth $1100 or $900, you know, I don’t
know. That’s depends on the customer who’s buying
it. But, it takes a lot of expertise in order to do a lot of
this stuff. And there are some people that are
gifted to work on them and they may be engineers but not everybody
can. And even the guys who are gifted to work on them
sometimes screw up and sometimes do spectacular work as seen a couple
of days ago (DR: that would be me) no that would not be
you. (DR: I have a tendency to screw things up).
On-line shopping, I know will continue, it actually helps grow the
industry as a whole, it’s brought a lot of people that might not have
been into it, back into it or into it as a whole. I can’t
condemn it and I can’t say that I won’t join it. But at this
time it’s not something that I’m really chasing after.
DR: Thanks Matt.
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