WHAT'S NEW

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Climbing In The Drops

- It cost SRAM a pretty penny to acquire Zipp, but it was a smart move for several reasons. Dissect a high-end bike on a component-by-component basis: Is any single brand for any single component as coveted as Zipp is for wheels? Maybe Chris King once owned the headset with the same dominance. But the proliferation of the integrated headtube makes that ancient history. Otherwise, healthy debate exists on what's "best' for any other component on the bike.

When SRAM acquired Zipp they bought this mindshare, they bought a nice pipeline of future product, and they bought operational infrastructure that allows them to expand their distribution as broadly as they'd like. (As it stands now, SRAM only sells to distributors like QBP, Trek, SBA, et al. They don't sell to your local bike shop. Instead, your LBS must buy their SRAM from a 3rd party distributor.)

Given all of these upsides and the enormous potential energy of the Zipp brand, something that doesn't compute is SRAM's choice to manufacture and market mid-end road wheels under the SRAM brand instead of Zipp. I recently installed a set of their S30 Race clinchers and they're astonishingly nice. They're reasonably aero, they're stable in crosswinds, they weigh just a shade over 1400g, so far they've proven to be durable, they're built with multiple smart design touches that make maintenance easy, and the finishwork is quite beautiful. Up against other popular wheels in the $1,000 range (the Easton EA90 SLX, the Mavic Ksyrium SL), they're fully competitive.

My question is this: Why doesn't SRAM brand their <$1,000 wheels as Zipp instead? A dozen years in the retail trenches makes one fact beyond debate: Customers don't like to mix the big component brands on one bike. A customer with Shimano componentry doesn't want Campy wheels. A customer with Campy componentry won't buy Shimano pedals. And on. And on. Given the relative volume of wheel units sold, sub-$1,500 vs. Zipp's $2,000+, it's a perfect opportunity to draw customers into the Zipp pipeline at an earlier point of their bike-buying/bike-upgrading lifecycle. And whether SRAM likes it or not, most of these customers will spend their formative years on a Shimano-equipped bike. Why force them into a Mavic/Easton/Shimano wheel upgrade when they're sniffing around the sub-$1,500 upgrade range?

SRAM's argument invokes that time-honored general ledger account -- "Brand Equity." They purport that Zipp has historically operated on the high end and that their accumulated brand equity gets diluted by entering the sub-$2,000 range. This, despite the fact that Zipp has already played in the mid-end marketplace (viz. the Flashpoint family; the Team CSC/Team Issue wheels) and utterly failed because the effort was so passionless and underfueled.

SRAM has their new super-budget Apex alongside Red; X-7 alongside XX; pseudo-suspension Rock Shox on $500 complete bikes alongside the jaw-dropping SID XX World Cup. This in itself is an acknowledgment by SRAM that brand equity doesn't suffer when the low-end and high-end exist within one brand. (And is anything as confusing as the way that SRAM branded their XX crankset (possibly the marquee component within the XX group) as Truvativ, and not SRAM?)

In using two brands to flex its muscles in the wheelset marketplace, SRAM inevitably weakens both brands. The sight of a Zipp logo arouses molten lust in most any road-rider-with-a-pulse. By denying less-moneyed customers the opportunity to indulge the feeling, SRAM kicks the door wide-open for their competition. Our preference here is to sell SRAM-family product: With only a few exceptions, it's functionally superior or equal. The pricing is right. And, most important of all, no other brand is as keen on long-term satisfaction (for dealers and for customers) as SRAM. Their customer service is not worlds not galaxies but universes better than anyone else's. Because of our preference, wherever there exists a barrier to putting SRAM out there, we want those barriers eliminated.

- Speaking of brands and branding, what in the world is Sidi thinking with this ad? When I think Sidi, it's the cycling industry's link to Zegna or Brioni: Old line Italian companies doing their best to focus on handmade quality in a world of bargain-priced, Asian-manufactured, not-shabby semi-replicas of similar goods. Their Beavis & Butthead approach to marketing $500 shoes is a tone-deaf shame.

- I've seen parts of it. Believe me, this book is a jaw-dropper. Get inside the contemporary PRO peloton -- both visually, and emotionally.

- Here's a drinking game for you: Next time you see a press release on Bike Retailer where the word "thrilled" is used, everybody takes a drink. We'll all be drunk very soon. I have felt thrill in my life before. Perhaps 3 times. A thrill is thrilling because of its rareness. Nothing conveyed via press release on Bike Retailer is thrilling to anyone involved. Please stop use of the word.

In case you're counting, our banned word list: Artisan, Curate, Robust. And, now, Thrilled.

- News from the Taiwan show: The Shimano Dura Ace 7900 Di2 "satellite shifter", i.e. a shifter for your tops to supplement your Di2 STI shifters. This is cool. It's another reason to buy Di2. It's more proof that Di2 is here for the long haul. And it's unequivocally an advantage for the classics when riding on the tops is sometimes an ingredient for survival.

- Where have you gone, Lucho Herrera? A nation turns its lonely eyes to you --

retrouver ce média sur www.ina.fr

- Does anybody know these guys? I think they're Dutch. They've stolen our Pegoretti photos and that kind of irritates me. I've tried calling to talk nice and they don't answer.

- And a quick note of housekeeping: I'm stepping out for a spell of double-secret training. I'll be dressed in black the whole week. Soon enough, I'll be climbing in the drops, if you know what I mean. Also, it means I'll skip next week's column so please expect a new What's New in two weeks.


April 05, 2010

@Duke Got any lame stories to tell about working the Tour de France? Please share.
- REG, San Francisco

April 01, 2010

Second request: Please ban "awesome" as well. This adjective has far eclipsed the ubiquitousness of the 90's denim shirt.
- Jim, Baltimore

March 29, 2010

Reg and another story of Mavic and Vitus (two brands that rocked the house so well that they are being left behind or have been left behind...): Yawn.
- Duke, LA

March 28, 2010

Sidi akin to Brioni and Zegna? And the "Kickass" ad smacking of Beavis and Butthead? Seems your brand meter is a bit out-of-true. Sidi has featured rather flashy* product. "Kickass" is an expression that is very broad in its usage and appeal, certainly not exclusive to the angst-ridden teenagers. And doesn't this ad seem conspicuously well-timed with the upcoming feature film of the same name? And don't those Ergo II shoes in Flash Gordon red with the Sidi lightning graphic seem made for superhero feet?
- Norm, Brooklyn

March 26, 2010

I feel like I am being stalked by Competitive Cyclist. Their banner adds are following me to a number of web-sites I visit, even non-cycling ones. Aaaaah! I'm going to go hide now.
- Joel, SL

March 26, 2010

Hmm, so I have never lusted after a set of Zipp wheels so I can't agree with your points about that brand, but I agree with you that SRAM should put the Zipp logo on anything over a grand. I would never put SRAM wheels on my Campy equipped bike, but then again, I would never put Zipps on there either. I completely disagree with you on the SIDI ad - I love it. It is refreshing to not see another lame ad with a rider and some cheesy tag line. On the other hand with a product/brand ad had better be backed up with a viral campaign and a killer web site. Their site is not very good, and the twitter feed is also a snooze.
- Jay, Tucson

March 24, 2010

@john - he cares because he paid for the Pegoretti pics and the guy in Holland stole them. Pretty obvious.
- mark, sf

March 24, 2010

@ Hung Low - Wrong, that's a Canyon. Probably an Ultimate CF SLX 9.0 LTD.
- Chris, LRAR

March 24, 2010

How does the Focus ride?
- Hung Low, Killadelphia

March 23, 2010

To the guy who never heard of Zullo, you shouldn't be allowed to post. Just sayin
- john, NorCAL

March 23, 2010

You dropped Pegs from your line. What do you care..
- john, NorCal

March 23, 2010

I read SRAM's pitch book when they raised money a couple of years ago. Rarely seen a management that knows itself and its markets better. Extremely impressive. I'd trust them on the Zipp brand equity thing. SRAM by Zipp is about as far as I'd lean.
- Dobbin, Horse Country

March 23, 2010

you contradict yourself with the zipp and sidi arguments. zegna and brioni strive to be above the average stuff out there, as sidi does. and zipp tries to do that, too, but you dis them for it. you have to earn your place in the high-end niches of the market. and what you, as a customer, have to ask yourself is whether they deserve to be there. you generally get what you pay for; but you have to decide if it applies in this case. is zipp giving you a product better than the average range of the market? is sidi? you can trust me on this - i know zegna and brioni are. i don't think sidi does. i do think zipp does and i agree with chris: 'epic' should be on your banned list
- steve, columbus

March 23, 2010

yep, looks like another subtle teaser for a new brand at Competitive Cyclist? Nice.
- JN, Portland

March 22, 2010

I worked that '84 Tour with Mavic and helped build all the Café de Columbia Mavic-Vitus team bicycles the month before the Tour. The Columbia media went crazy at the Tour and Herrera was dubbed "the astronaut" for his climbing prowess.
- REG, San Francisco

March 22, 2010

Thanks yet again for another great vid. Lucho Herrera tearing up l'Alpe, what memories. Just who where those two French guys chasing him anyway? :-) After the way he dominated that Tour, I remember thinking that Fignon was going to win the thing forever and that Hinault was all but done. A great era, that, what with the emergence of some new blood from different countries. I think @Coop, BH has it right re:Zipp. It's an elite-type brand and should be protected as such. Same with Sidi, who should definitely fire the kickass college interns who apparently designed that ad.
- PawleeWalnutz, NYC

March 22, 2010

Stunning clip of the 1984? I think this is the stage that Robert Millar writes about in his book about Hinault blowing up on this stage after attacking like a mad man repeatedly "awesome" is not banned yet I hope!
- Jim , teaneck,nj

March 22, 2010

The sight of a Zipp logo conjures thoughts of sheepish buyers that have not looked at Shimano's strong, well made and relatively cheap wheels. The ZIPP premium is based on ephemeral marketing and pseudo science and is not embodied in the actual goods.
- peter, sydney

March 22, 2010

So "epic" is still not on your banned word list?
- Chris, Brooklyn

March 22, 2010

People buy a Bentley because it is a finely crafted, high performance, elite machine. Heads turn when you drive buy in a Bentley. If VW decided to put a Bentley badge on a VW Polo the Bentley brand would soon loose its elite status, heads would cease to turn and they world would end as we know it. I want to live in a world where not everyone can have a Bentley. If you cant afford a Bentley then save your money or settle for a VW.
- Coop, BH