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California State University, Northridge Bicycle Shop Feasibility Analysis . Presenters: Gala Lawrence Javier Luna. April 13, 2011. Compared to Other Schools. Exploratory Research. Conference Call UC Berkeley Site Visits UC Irvine UC Los Angeles Survey
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California State University, NorthridgeBicycle Shop Feasibility Analysis Presenters: Gala Lawrence Javier Luna April 13, 2011
Exploratory Research • Conference Call • UC Berkeley • Site Visits • UC Irvine • UC Los Angeles • Survey • Promoted via USU website & CSUN Bike Collective • Competitor Analysis
Exploratory Research • Contact at CSUN • Joseph Illuminate, USU Associate Director, Finance & Business Services • Jeremy Hamlett, USU Commercial Services Manager • Jason Wang, USU Associate Executive Director • Helen Cox, Director, Institute for Sustainability • Kristy Michaud, Transportation Chair, Sustainability • Kevin Lizárraga, USU Marketing Manager • Carlos Hernandez, President CSUN Bike Collective
Initial Survey Factors • Environment • Consumption • Social Involvement • Economy Health
Survey Demographics n = 240 94% were students 58% female, 42% male 6% are international
Survey Results Most important factors: Economy, Environment Health conscious
Survey Results • Economy • 95% always look for ways to save money • 90% agree that riding a bike can save on transportation costs • Environment • 95% agree that riding a bike can help the environment • 78% worry about global warming • 94% want to help lower gas emissions around CSUN
Survey Results • Consumption • 85% would use bicycle repair services on campus • 68% want to learn how to repair, improve, or build their own bike • Social Involvement • 86% like doing activities in groups • 71% would like to be informed about biking events
Survey Results • Bicycle Renting • 63% would rent a bike • 45% by the semester • 26% by the day • The remainder would rent either by the hour or by the month
Competitor Analysis Bicycle Johns Cycle World Atomic Cycles • Atomic Cycles • Van Nuys • Cycle World • Northridge • Bicycle Johns • Northridge
SWOT Analysis - Strengths Non-profit Subsidiary of the USU Environmentally conscious movement
Weaknesses People are lackadaisical Long commuting distances to campus Lack of good public transportation system in California Lack of experience in running a bike shop No brand equity
Opportunities Bike sharing Educational seminars 50% of students live within 1-5 miles Reducing green house emissions Saving money Available commercial space
Threats Mass merchant competition Campus size (353 acres) New recreational products Bad economy
Services CSUN Bike Shop Partnership with Local Bike Shops
Services • Rental Service • By the semester $60 • By the week $30 • By the day $ 8 • Accessory Sales • Helmets, lights, locks, tubes, repair kit
Wrap-Up Questions Thank you for your time!