Mad Wheel Men

As Mad Men has largely taught the people who didn't already know it, the commerce of advertising traditionally existed by the agency's media function buying space and then reselling it to clients. The creative side of everything got done to win the business, but the shameless commerce was actually all in the media. That's a strong enough analogy to what we do here. 

Let's take a two second look at what we percieve to be our strengths and weaknesses. We are good at wheel building, we are good at customer service and relations, we give well-informed and "as objective as we can be" advice, we're trustworthy, our prices are good to excellent, our selection is broad, and we do a good job connecting with people through the blog. We are bad at having a high margin product that either is percieved to be or is exclusive to us (carbon), our web site's shopping functionality is challenging, scaling our operations is a huge challenge, and the greater industry hates us.  

All of the advice and wind tunnels and measuring this and observing that exists in service to selling wheels. We do all of that so we can do "our job," which is to monetize the situation by selling well made wheels. If there was a business in doing the other stuff without selling well made wheels, it would perhaps obviously be of great interest to us. There is not, but since scaling our business is very hard (compensating people to develop and execute the skill of building wheels to our standard isn't easy), we continually bat around ways of alternate monetization (now THERE'S a tortured B-School phrase for ya!) of the "foreplay" stuff we do. And selling stuff packaged with our knowledge but without our execution is likely the best route for that. 

What do I mean there? Well, we're pretty sure that we build a set of (as an example) HED Belgium+ with T11s as well as anyone out there. We know how to vary the inputs (spoke type and number) to suit basically anyone. We have the spoke lengths to within like a quarter of a turn of optimal every time. We know how different tires are going to affect the build, and we know how the build is going to affect different tires. We just don't know if packaging that in an "everything but the build" way will work.

As stated, there's no business in spending however much time delivering this info to people without getting paid in any way for it. Part of that is just being in business, as every person who "walks into your store" doesn't buy. And it could easily be that for a lot of people, the thing that we more or less require you to buy in order to be a customer - the build - isn't the compelling way for us to provide transactional value. A lot of people want to build their own wheels, a lot of people have a buddy who'll do it for a six pack. Having owned that "buddy for a six pack" set of wheels, and having had that be a significant precursor to my position in the world right now, well... But in any case we've developed a body of knowledge that can provide transactional value without us actually building the wheels. And that's a far easier thing for us to scale. 

Of course our conundrum (and I have a long-planned post about the harrowing conundra that face the industry at large) is the our pricing for built wheels is such that there's no across the board "$X discount" for getting an unbuilt set. We just plainly don't do pricing such that the cost of the build is factored as a standalone thing, and we know that that would be the first hurdle in this.

I guess this is something of a trial balloon. Is a "Blue Apron" approach, rather than us requiring you to dine in at our restuarant, a valuable option?

 

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13 comments

To answer your final question, take out is not a wise purchase for me… I have gotten reasonably good at performing my own bike maintenance, and love the idea of building my own set of wheels, but it seems just outside of what I'm willing to take a run at knowing that there is an aweful lot than can go wrong, and I'd rather not find myself stranded 30 miles from home or descending at 45 mph.I'll just ride!! You guys do what you do!

Scott

Going the other way, you don't seem to be charging all that much extra for a built set of wheels compared to identical or almost identical DIY build kit prices out there.

Joe Bond

My feeling is that there are already guys out there selling the parts for self builders (e.g. BHS, BDop, and/or any number of online shops). Although I harbor the desire one day to try building my own set of wheels, the value I got from your wheels is in the build quality, at I'll admit, a significantly lower price than my LBS could offer (who also don't have your rep for build quality). I guess the big question you need to ask yourselves if you're going to start supplying build kits is: what's the cost of after-sales support?

Dr_LHA

What Scott said. I'm happy to pay someone who builds regularly for the piece of mind that comes with wheels that are well built.

Dave

I own 2 sets of your wheels but realistically, wheels are not a frequent purchase item. But I still come on your site to read what's going on and get better informed. It seems the scalable and repeatable part of your your business is in tires, tubes, and other such consumables.The edge you have vs other online retailers is your advice and credibility. Maybe having more articles or tables on what tires, tubes, sizes, weights, etc. for different rims, purposes, etc. will make your site a reference for those items and lead to sales. or even link it to Amazon, etc. who can do all the fulfillment.

Chris K

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