In a 2019 survey of prospective bicycle consumers, 34 percent of respondents indicate that they would intend to spend over 500 British pounds on a new bicycle, where 10 percent of respondents indicating that they would intend to spend over 1000 British pounds. Those intending to spend 300 British pounds or less formed the largest proportion with 39 percent of respondents identifying with this segmentation group. The proportion of respondents within each segmentation group increases with each reduction of intended expeniture ranges.
Spending intentions among prospective bicycle consumers in the United Kingdom (UK) in 2019
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Cycling Industry News. (November 1, 2019). Spending intentions among prospective bicycle consumers in the United Kingdom (UK) in 2019 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1074212/uk-bicycle-consumer-intentions/
Cycling Industry News. "Spending intentions among prospective bicycle consumers in the United Kingdom (UK) in 2019." Chart. November 1, 2019. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1074212/uk-bicycle-consumer-intentions/
Cycling Industry News. (2019). Spending intentions among prospective bicycle consumers in the United Kingdom (UK) in 2019. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1074212/uk-bicycle-consumer-intentions/
Cycling Industry News. "Spending Intentions among Prospective Bicycle Consumers in The United Kingdom (Uk) in 2019." Statista, Statista Inc., 1 Nov 2019, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1074212/uk-bicycle-consumer-intentions/
Cycling Industry News, Spending intentions among prospective bicycle consumers in the United Kingdom (UK) in 2019 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1074212/uk-bicycle-consumer-intentions/ (last visited November 10, 2024)
Spending intentions among prospective bicycle consumers in the United Kingdom (UK) in 2019 [Graph], Cycling Industry News, November 1, 2019. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1074212/uk-bicycle-consumer-intentions/