Small Business Resources, Business Advice and Forms from AllBusiness.com
 

Industry Hopes Olympics Will Boost BMX Sales

By Sean Hong
Publication: Bicycle Retailer
Date: Thursday, June 1 2006
BEIJING, China—On the eighth day of the eighth month in 2008, the Summer Olympics will kick off in Beijing, China, and BMX racing will make its Olympic debut. The number eight is associated with prosperity in Chinese culture, and many in the industry are hoping it’s a good omen for them, too.

“I think the Olympics has the potential to generate a great deal of interest in BMX in China,” said Mo Moorman, director of marketing and public relations at Pacific Cycle. “Of course, we’d like to see more cycling events in the Olympics, but we’re excited to see BMX racing as a new sport for 2008.”

The International Olympic Committee decides on which new disciplines to add years before the games actually begin. The 2008 games will feature BMX racing in men’s and women’s categories.

“There is no question there is quite a bit of attention being paid to BMX from a new Olympic sport standpoint. It is already being spoken of as the snowboarding of cycling and whenever the U.S. has the potential to do well in something, America pays attention,” said Doug Martin, BMX programs director of USA Cycling. “I expect participation—at all levels—will definitely grow.

“It is no secret that within the 20-inch segment, BMX racing bikes and equipment has been flat for a while. That said, we also know that categories ebb and flow in this business and even before the Olympic announcement, that trend was shifting. In addition, it is not just the 20-inch segment that will likely benefit. These things usually have a nice ripple effect and can absolutely impact the business as a whole. The more bike racing appears in major print media and in America’s living rooms, the better for everybody,” Martin added.

Curb Your Enthusiasm. For Craig “Gork” Barrette, marketing director for Redline Bicycles, the addition of BMX racing to the Olympic games adds legitimacy to a sport long perceived as being for kids.

“For Redline, with us sponsoring the current national and world champion, it is a big bonus. It has the potential to put our brand and our star rider in the national limelight,” Barrette added.

Potential is the operative word. He’s cautious to get overly excited about the visibility when so much control is in the hands of the TV networks.

“In my perfect dream scenario, the networks will realize that BMX racing and its high speeds, big air and wild crashes is the most exciting event in China. They’ll air it in primetime and make a big deal out of this American kid-made sport. Of course, we’re banking that Bubba Harris will be the USA’s golden child and our nation will take a liking to him as much as they did with Shaun White during the winter games.

“But then, we also realize

In addition, make sure to read these articles:

  • AT&T Returning as Official Partner of The U.S.
  • SAN ANTONIO -- In a move reaffirming its commitment to the Olympic spirit and to its role as a global leader in communications, the ......
  • BMX Races Into 2008 Olympics
  • PRAGUE, Czech Republic (BRAIN)--Racers ready. The International Olympic Committee (IOC) added two BMX events to the 2008 Summer Olympics in Beijing, China.
  • Samsung Signs Agreement to Continue Support of...
  • Business/Technology Editors & Olympic Writers BEIJING--(BUSINESS WIRE)--Oct. 23, 2002 Samsung Electronics Co., Ltd. announced today that the company has renewed the worldwide Olympic sponsorship with ......
  • [2] Vans, Inc. Opens World's Biggest Skateparkand...
  • SANTA FE SPRINGS, Calif.--(BUSINESS WIRE)--Nov. 5, 1999-- Vans, Inc. (Nasdaq: VANS) announced the opening of the world's biggest skatepark at the Ontario Mills shopping center ......
  • FutureBrand Appoints Duane Knapp As...
  • Business Editors NEW YORK--(BUSINESS WIRE)--August 8, 2000 FutureBrand, the global branding consultancy, has appointed Duane Knapp as Executive Director, giving him broad responsibilities for brand ......
  • FutureBrand Appoints Duane Knapp As...
  • Business Editors NEW YORK--(BUSINESS WIRE)--August 8, 2000 FutureBrand, the global branding consultancy, has appointed Duane Knapp as Executive Director, giving him broad responsibilities for brand ......
  • Magnifi Opens Regional Offices in Chicago, New...
  • Business Editors CUPERTINO, Calif.--(BUSINESS WIRE)--Feb. 22, 2000 Magnifi Inc., providers of Magnifi.net, the on-line "marketing interchange" through which brand owners and their agencies implement brand ......
  • Business Trips with Kids in Tow
  • Hotels around the U.S. are recognizing the need for kid-friendly programs.
  • RFP Add-Ons Complicate Process
  • RFP Add-Ons Complicate ProcessHotels Grapple With Proliferating Standard Form Addenda and Use By Bruce Serlen Addenda to the industry standard request for proposals form are ......
  • InsideTrack
  • Sherlock Resigns After decade in NBTA Post ......
  • RCN Corporation and Astound Broadband Close Sale...
  • HERNDON, Va. -- RCN Corporation (NASDAQ: RCNI) and Astound Broadband announced today that on March 13, 2007 they completed the sale, announced last August, of ......
  • Westin Hotels recruits 'Renewal Council' to lead...
  • Westin Hotels & Resorts has formed the Westin Renewal Council, a panel of six lifestyle experts who will advise on initiatives that bring to life ......
  • New Mexico Announces Plans For "World Class" BMX,...
  • ALBUQUERQUE, NM (BRAIN)--Last night Albuquerque Mayor Martin Chávez announced plans for an indoor Albuquerque Bicycle Park, which could incorporate a BMX track, a velodrome, a ......
  • Inside Track
  • Inside Track Sherlock Resigns After Decade In NBTA PostThe '90s ends on March 17 for the business travel community when Norman Sherlock officially steps down ......
  • Westin Hotels Limited Partnership Selects Ernst...
  • Business Editors WHITE PLAINS, N.Y.--(BUSINESS WIRE)--April 10, 2002 Westin Hotels Limited Partnership (the "Partnership") announced today that its has appointed Ernst & Young as the ......