Buycycle Launches Dedicated Marketplace to Buy & Sell Bike Components

Sizzling on the heels of The Professional’s Closet closing its doorways, Buycycle is launching a brand new place to purchase and promote bike parts. They are saying this can be a transfer to “fill a spot within the second-hand biking market”.

Buycycle already serves as a discussion board to purchase and promote over 25,000 bikes. The choice to broaden into bike parts, they are saying, comes at a strategic time as the worldwide demand for bicycle components is booming.

Based on Buycycle, “current stories” state that the worldwide bike components market is projected to succeed in $12.35 billion. And it’ll accomplish that by the tip of 2024. After which it’s presupposed to “almost double to $23.7 billion by 2034”.

This supposed rise in demand for sustainable, reasonably priced, and upgraded biking options provides Buycycle a singular alternative to succeed in a broader viewers.

What’s For Sale

Launching the brand new parts market in each Europe and the US will occur on the identical time. When buying parts, Buycycle will provide the identical shopping for safety they at the moment provide for his or her bike purchases.

The Bike Elements Purchaser Safety Plan will cowl points similar to delivery damages, and discrepancies between listed and obtained objects. Notably, Buycycle states there will probably be no value to sellers to make use of the Buycycle platform.

What Buycycle Says…

With parts in thoughts for fairly a while now, Buycycle’s Co-Founder and CEO, Theodor Golditchuk, says this in regards to the growth, “Launching a part market is a pure step for buycycle. We’ve persistently heard from our group that there’s a necessity for reasonably priced, high quality components. By integrating this into our platform, we’re making it simpler for cyclists to improve or modify their bikes with out breaking the financial institution. This transfer is grounded in buyer suggestions and robust market demand“.

Based in 2021 by biking fans, Buycyle has a purpose of making a trusted platform for the worldwide biking group to purchase and promote pre-owned bikes simply. {The marketplace} is alleged to assist cyclists discover nice bikes at a fraction of the unique value.

Increasing {the marketplace} to incorporate pre-owned bike parts appears to be a pure transfer ahead of their mission to broaden the corporate’s presence.

BuyCycle.com