Business Idea

Start A Dirt Bike Business

About

Starting a dirt bike business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell dirt bike, or selling dirt bike online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to start a dirt bike business ➜

Key stats

market size
$483M
revenue (monthly)
$8.5K
starting costs
$41.7K
gross margin
35%
avg product price
$8500
time to build
210 months

About

Starting a dirt bike business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell dirt bike, or selling dirt bike online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to start a dirt bike business ➜

Key stats

market size
$483M
revenue (monthly)
$8.5K
starting costs
$41.7K

 

gross margin
35%
avg product price
$8500
time to build
210 months

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $0 $7,000
Employee & Freelancer Expenses $151 $352
Website Costs $223 $7,215
Business Formation Fees $5,600 $20,400
Equipment & Supply Expenses $63 $200
Retail Business Expenses $1,250 $10,450
Inventory Expenses $350 $14,750
Software Expenses $150 $2,794
Advertising & Marketing Costs $75 $5,536
Total Startup Costs $7,862 $68,697

Successful Businesses

Business URL Rank
KTM ktm.com #32,055
MotoSport motosport.com #38,373
CycleGear cyclegear.com #50,899
Vital MX vitalmx.com #62,964
BikeBD bikebd.com #68,833
Zero Motorcycles zeromotorcycles.com #96,653
DirtBike dirtbike.ro #137,658
BTO SPORTS btosports.com #195,805
Dirt Bike Magazine dirtbikemagazine.com #212,505
ONYX Motorbikes onyxmotorbikes.com #261,820
Txpowersports Affordable ATVs txpowersports.com #312,099

Pros & Cons

Pros Description
Flexibility You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Rewarding work Starting a dirt bike business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Scalable With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
Meaningful business connections You never know who you will meet as a dirt bike business. This could be the start of an incredible business opportunity!
High customer retention rates Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your product or service becomes indispensable to your customer.
High margins The gross margins for your dirt bike business are typically around 35%, which is considerably high and allows you to grow your business and manage costs easily.
Cons Description
Finding The Right Supplier Most businesses in this space go the supplier/manufacturer route, which isn't a bad thing! However, finding the right supplier can take a lot of time, energy and trial/error. If done properly, this process can save you months (if not years) of time and energy. More on this below in the "finding a supplier" section.
Motivation of employees If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.
Security Issues With any Saas business, data loss and security issues may arise throughout your process of building your product. It's critical that you understand exactly what you're responsible for and how to avoid potential issues down the road.
Lack of benefits With a dirt bike business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.
Taxes As a dirt bike business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.
No safety net Typically, as a dirt bike business, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times.

Marketing Ideas

  • 1

    Affiliate Program

    Affiliate marketing is a great way to bring in a new revenue stream, especially when you don't sell products or services.

    Simply put, an affiliate program is an agreement where a business pays another business or influencer ("the affiliate") a commission for sending traffic and/or sales their way.

    The affiliate typically gets a unique link where clicks and conversions can be tracked.

  • 2

    Word of mouth

    Word of mouth is when a consumers reflects their interest in a company’s product or service in their daily dialogues.

    Therefore, word of mouth advertising is essentially a free advertising triggered by the customers experience.

    According to Nielsen, 92% of people trust recommendations from friends and family.

    Therefore, in today’s hyper-connected world, a single recommendation through a word of mouth can have a huge impact to your business.

  • 3

    Social Media Advertising

    Social media advertising is the use of social media platforms to connect with your audience with the objective to build your brand, increase sales, and drive website traffic.

    According to Oberlo, approximately 48% of the global population use social media, and the number is ever-growing.

    Therefore, social media allows brands access to cost-effective advertising by enabling them to interact with a large audience.