Advanced Guide on importing gym and fitness products
Welcome to the final section of our comprehensive guide to importing gym and exercise equipment. As promised, we addressed the various marketplaces for purchasing gym equipment, why you should pay attention to fitness trends, and the advantages of buying new equipment versus used equipment in this advanced guide.
The gym and fitness equipment industry is expected to be worth $15.2 billion by 2027, and the purchasing and selling of fitness equipment goods have never been more active. You can buy gym equipment directly from the manufacturer, wholesalers, or trade businesses as a consumer. Millions of individuals understand the value of fitness and are actively looking for fitness equipment online. In a nutshell, finding potential consumers and making an online sale is much easier these days. As a result of the post-pandemic impacts, the demand for home exercise equipment is rising tremendously, resulting in the advent of new business of existing companies and the rise of new gym business entrepreneurs.
While most businesses are online and in-person, the online fitness equipment marketplace is gaining traction like never before. Imagine Amazon offering fitness equipment solely from various sellers in a wide price range to understand better what a fitness equipment online marketplace entails. Similarly, these online marketplaces bring merchants and customers from all demographics together under one roof. These platforms also provide shipping and logistics management for the buyer, along with B2B services.
Multi-brand online retailers set an online platform to provide a wide choice of items and pricing points all in one location. These features are pretty helpful to a buyer seeking a product before making a purchase. Because there are no inventory expenses for an online business, fitness equipment suppliers and distributors are usually eager to sell on these online platforms, owing to the initial investment savings.
Moving on, dealing directly with manufacturers and distributors is another way to purchase and import exercise equipment. Many manufacturers provide e-commerce solutions that allow you to buy their items directly from them.
Athletic Vision is one of them. We at Athletic Vision have been developing, manufacturing, and selling fitness equipment for almost 40 years. We are incredibly proud of our long-standing connection with our consumers. To satisfy the demands of our goods, we have a full-service network and an inventory of components available 24 hours a day, and we work physically in five continents spread across 40 countries. Therefore, you don’t have to be concerned about spare parts in and out of warranty. We also provide a low MOQ and high mixing of products in the same container for your convenience during the process of importing.
Before continuing, we strongly advise you to read the top eight trends that will impact fitness in 2022. Paying attention to fitness trends is critical to the success of your company.
Assume there is no market for a specific type of exercise equipment in the next five years. Would you or would you not purchase that equipment for your company? Avoiding it will help you not lose the money you invest in purchasing new gym equipment. Investing that money in a product with a greater rate of return attributable to demand, which is directly driven by the trend, is a better alternative. One key trend in the fitness sector is now that individuals prefer to exercise in the comfort and safety of their homes. As a consequence, sales of various home gym equipment have increased in the last few years. Trends like these assist you in defining the things you acquire and import for your business.
However, evaluating demand and doing thorough market research is equally essential. Avoid making a hasty decision while placing your order.
Prices for new gym and fitness items are soaring due to recent fitness trends and increased demand for fitness equipment. Purchasing or importing used workout equipment is not cheap. Because used equipment can sometimes be more expensive in the long run than brand new equipment furthermore, given the safety precautions that end-users expect these days, purchasing old equipment may not be a wise decision right now. Additionally, the wear and tear on secondhand equipment make it unsafe and costly to repair. Sometimes it is difficult to replace the parts of such equipment simply because the manufacturer would have discontinued producing specific models in time.
The sole disadvantage of purchasing new equipment that will impact your selection is its cost. However, it is the initial investment that saves you money in the long run. Repair and maintenance expenses will be substantially cheaper for new equipment than for used equipment. Consider the resale value. Without a doubt, the resale value of new equipment is far more than the resale value of second-hand or used equipment. If the wear and tear are severe, you may be unable to resale them at all.
Finally, the quality and warranty of new equipment will never compete with the quality of used equipment. Additionally, purchasing new exercise equipment from a reputable seller ensures the safety of your goods throughout transportation. It makes customs clearance quicker because you have access to the product’s original documents. Purchasing and importing new gym machines from firms that provide financing, shipping, and services and managing all regulatory and customs procedures and post-sales services will undoubtedly help you save a fortune for your business.
We hope that our complete guide on importing fitness equipment has helped you become a better importer and understand how to get the most out of your deal with an overseas seller. Look no further if you plan to import fitness equipment for your business.
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