“Life is like a snowball. The important thing is finding wet snow and a really long hill”- Warren Buffett
We believe electric micro-mobility could be your snowball! Love it or hate it, Electric Scooter / Ebike is everywhere, as a wholesaler or importer, how can we make a fortune out of it? Here below a quick guide might offers a hint:
We verified above trends with several logistic partners & ebike factory / escooter manufacturers we working with, and export customs figures on internet support such conclusion.
We discovered that most electric scooter manufactured in Zhejiang and GuangDong province, and big port of them are exported to the US and West Europe since the end of 2014. But during 2019, the amount exported to other countries grow rapidly as well. For importers from the United States and the Europe, it might be a little late to start, otherwise it will continue to be a good option to start your snowball rolling, few competitors, many potential customers, high profit, so it is worth a try.
Spare parts are easy to buy online. 2 wheel scooter such as Xiaomi is not as difficult to produce. A small factory can buy wheels, boxes and circuit boards from different suppliers, simply assemble with the battery. That's why there are thousands of suppliers that sell it on Alibaba, Global sources, Aliexpress, but, it will be a difficult job to find the right and stable supplier to work for a long term. Below factors matter most to a reliable cooperation not just buying and selling:
Quality is the key, crucial to a business success or fail.
Price is the key to your targeting market.
Service support from factory, good service may save up a lot of time and money.
Key Contact salesman, good and on time communicating is very important to a pleasant purchasing.
If you want to import, B2C platform Aliexpress will not be a good option here. The B2B platform like Alibaba or Google search will be the best way, but you must be more patient and careful. You can check more detailed article on how to find a good supplier.
Low Cost Scooter |
Pros |
1.Consumers easy to accept cheap price product, specially 1st time user 2.Could take over market rapidly 3.Easy to build distribution channel |
Cons |
Low price, high quality is not assured You get what you pay for, that is always right |
|
Summary: Sales Revenue grow rapidly initially(0 to 100)>>Then after sale maintenance follows>> Eats into profits and sales goes downhill>>Reputation going bad and can not be fixed Unsustainable mode with dealer/consumer (0 to 100) |
||
High Cost Scooter |
Pros |
1. Customers need time switching to higher cost products 2. Dealer may hesitating in selling higher end line |
Cons |
Stable quality, High profit for importer and distributor, High Customer Satisfaction Index, Users tend to recommend to others |
|
Summary: Easy communication, factory-importer-distributor, stable supply chain Brand value & User could accumulated Business could grow to giant(100-1M) |
||
Universal Business Logic |
||
There is always someone cheaper than you in market! |
Distribution tends to be a more cooperative relationship with supplier and easier to start. Time needs to be spent nurturing your OEM brand so that customers will have an in-depth knowledge of products and services. A summary of the advantages and disadvantages of distribution and OEM:
Products are sold under certain brand, No ads expense
Customer already know of brand, easier to get in market
Local distribution channel, no need to wait long delivery from China
Long wait at the beginning to get distribution contracts signed, all set up and running globally may take a year
Fixed MSRP, less expense, less labor input, means low profit
Many more relationships for global coverage compared with the OEM route
Products are sold under your brand, added value during time
Less interactive with others, price strategy as you wish
Higher profit, more flexible marketing
Hard to find the right good quality supplier partner
Taking time and risks of importing
If we put it in bigger picture, marketing of your own brand is more profitable, more anticipating business mode, more aligned with snowball theory.
8711 - Motorcycles, incl. mopeds, and cycles fitted with an auxiliary motor, with or without side-cars; side-cars
871160 - Motorcycles, incl. mopeds, and cycles fitted with an auxiliary motor, with electric motor for propulsion
871190 - Motorcycles, incl. mopeds, and cycles fitted with an auxiliary motor and side cars for motorcycles (excluding with reciprocating internal combustion piston engine)
Electric scooter by size: 5.5~6.5inch / 8.5inch / 10inch
Electric scooter by motor: Citycoco 1500W, Scooter Electrico 2000W, Scooter 3000W
Electric scooter by battery capacity: 2.6AH(kids), 4.4AH, 5.2AH, 6.6AH, 7.8AH, 10.4AH, 12.8AH, 20AH
Electric scooter by type:
Classic Xiaomi Model / Economic Version / Fat Tire Scooter / Golf Scooter / Golf Motorcycle
Upgraded model: widewheel, off-road, removable battery, dual motor
Golf Scooter: 2 wheeled golf cart / golf trike (Phat golf scooter vs Finn golf cycle)
Citycoco Scooter by Rim Size: Iron 8 Inch / Aluminum 10 Inch / Alloy 12 Inch
Citycoco by Battery QTY: 1pc battery / 2pc battery / 3pc battery
City Coco by Front Fork: Single Fork / Double Fork
2 Wheel City Coco / 3 Wheel Tricycle Scooter / Side Fork Scooter
Electric Bike Types:
1) TYPE 1 E-Bike: Pedal Assist; 2) TYPE 2 E-Bike: Throttle Only; 3) TYPE 3 E-Bike: Pedal Assist 28mph.
E-Bike Motor Location:
Mid-drive motors / Hub-drive motors
Electric Bike Size:
16 In electric bike
26-28" electric bike
Refer video details click
M2 Electric Moped EEC (3000W, EEC/COC, 30Ah, 90+km Range)
M8 Fat Tire Scooter(3000W, EEC/COC, 30Ah, 90+km Range)
M1 Harley Chopper (2000W, EEC/COC, 20Ah, 60km Range)
CP-1.6 Fat Tire Scooter (2000W, EEC/COC, 2x20Ah, 100+km Range)
CP-3 Three Wheel Escooter (2000W, EEC/COC Trike, 2x20Aah, 100+km Range)
X7 Electric Scooter (350W, 5Ah, Max Speed 25km/h, 15km Range)
X8 Scooter (350W, 10Ah, Max Speed 25km/h, 35km Range)
Svein Hunstad
May 06, 2022
Consider import el scooter and we are looking for pricing and import details to Norway. Hope you can submit some highlights