Founding Partner

Alchemy Bikes brings their showroom expertise online

Alchemy Bikes recreated their flagship showroom online with a 24/7 expert-powered chat solution. Since implementing, they’ve significantly increased both revenue and customer satisfaction — providing an 20x return on their investment.

Results

Scaling in-store expertise online drives bigger purchases and happier customers

20x

ROI with Remark

13% ↑

Average Order Value

98%

Average CSAT score

Company

Alchemy Bikes builds premium, American manufactured performance bicycles with a focus on craftsmanship whether it be on the mountain, gravel or road. They were founded in 2008 by Ryan Cannizzaro and are based on Golden, Colorado.

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Opportunity

In 2022, Alchemy Bikes opened a new 8,000 square-foot U.S. headquarters in Golden, Colorado — housing all production facilities, a showroom, and offices. To complement this expansion, they realized the need for an equally compelling online experience to match their new flagship storefront.

But Alchemy Bikes faced a challenge — buying a premium, highly customizable bike online was a foreign concept to their customer base.

Naturally, their online visitors had specific questions based on their individual biking needs. For example, "what suspension kit would work best for downhill riding and how does my height impact selection?"

Having to ask these questions online vs locally in-person created consumer purchase apprehension — lowering Alchemy Bike's online conversion rate.

Recognizing this, Alchemy Bikes knew they'd need to recreate their personalized in-store experience for online customers.

Solution & Results

By partnering with Remark, Alchemy Bikes implemented a 24/7 chat solution staffed by cycling experts — providing detailed product guidance while fielding general customer inquiries like shipping logistics.

Since implementing Remark's chat solution, customers have spent over 500 hours getting the answers they need — providing Alchemy Bikes an average CSAT score of 98%. Additionally, their shoppers are discovering the right bike faster with the average conversation length dropping by 54%.

How did this impact their top line growth? 1 of 5 bikes are now purchased online and Alchemy Bikes has grown their AOV by 13%.

But even more impressively, Alchemy Bikes 20x’d their return from its initial investment with Remark. In other words, every $1 spent with Remark resulted in $20 of net new revenue.

The impact of this partnership with Remark extends beyond just numbers. Now Alchemy Bikes has seamlessly scaled their high-touch, personable in-store shopping experience to a global, online customer base.

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