GRIPS CUSTOMERS & RESEARCH PARTNERS
According to in-store data from Grips Intelligence, Lectric eBikes generated 100% of its tracked retail revenue exclusively through Best Buy during Q1 2026 (January–March). The brand's average product price stood at $1,608.41 across the quarter, though pricing showed a downward trend with a 10.5% overall decrease over the period. Despite the price decline, Lectric eBikes demonstrated strong topline momentum with revenue growing 86.1% from the start to the end of the tracked period. The brand's single-retailer distribution strategy through Best Buy highlights a focused brick-and-mortar partnership approach in the competitive eBike market. This concentrated retail footprint, combined with aggressive pricing adjustments, suggests Lectric eBikes is prioritizing volume growth and accessibility for its consumer base.
OVER TIME
Over the last three months, revenue on tracked retailers has grew by 86% from Jan to Mar.
OVER TIME
Over the last three months, average selling price on tracked retailers has decreased by 10% from Jan to Mar.
REVENUE SHARE
Revenue distribution across product categories for Lectric eBikes on Best Buy.
REVENUE SHARE
Revenue distribution across tracked retailers for Lectric eBikes.