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4 Business Models that Can Benefit from the Use of Electric Bikes Today

Posted by Yina Liu on
4 Business Models that Can Benefit from the Use of Electric Bikes Today

It is predicted that there will be billions of bicycle trips every year, which will double the number of regular bicycle users in major cities around the world. The request for electronic bikes will also continue rising in the future since becoming more popular in recent times. It is believed that there will be greater demand for them from 2020-2023, with over 120 million e-bikes to be sold.

There are many benefits you can get from electronic bikes, such as better health, but businesses today will be wise to explore this option as well.

In fact, here are the business models that can get the most out of the increasing popularity of e-bikes.

1. E-Bike Rental Shop

Electric bikes have created a new market—rentals. Since an electric bicycle doesn’t come cheap, few people are willing to invest their money to own one. On the other hand, an e-bike rental shop makes it a lot easier for businesses to operate.

In this case, customers only need to pay a daily rental amount for a single-day usage. Even bike rental shops can incorporate electric bikes into the mix to add variety.

2. Advertising Opportunities

Knowing where to place your ads are essential to ensure they’re effective. Why not tap into the e-bike business and install your ads on an electric bike? It can be an additional form of revenue that could be cheaper than renting mobile ad vehicles and using billboards.

3. Food Delivery

Food delivery is booming, and with more people staying at home today, e-bikes can be a good solution to transport food faster and economically. The main transportation of food delivery businesses is using bikes, but you can speed up the process and cover more customers with e-bikes. Additionally, they can even help reduce biker fatigue that often happens from pedaling. In turn, businesses can deliver food fresher and faster to customers.

4. City Tours

Businesses in the tour industry can also use electric bikes to cater to tourists. It can be through a group tour where travelers use e-bikes to go around certain spots in the city. It is an attractive option if the activity is jam-packed with activities because an e-bike can make everything more convenient for the business, the tour guide, and the tourists.

The Rise of Electric Bikes

Many business models can benefit from e-bikes today, so there’s no wonder why they continue to grow in popularity. Furthermore, it doesn’t seem like they’re going away anytime soon, making it a good idea for you to take advantage of this transportation solution while you can.

Electric bikes have inexpensive upkeep that makes them suitable for business owners; plus, they can let you travel short distances at reasonable speeds. With all of these benefits, you won’t have a hard time finding an electric bike you can use to fit your existing business model.

All you need to do is find a reputable e-bike provider that can give you the best options and deals. The unique bikes are the future, and they are indeed here to stay.

Get an affordable electric bike in the US here at Espin Bikes. We have a wide selection of e-bikes for you to choose from. Shop now!

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