BC Business Magazine

The World Traveller

Chromag Bikes, Whistler

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SPECIALTY: High-end mountain bikes and bike parts, plus clothing and other soft goods FOUNDED: 2003 EXPORTING SINCE: 2006 PROPORTION OF TOTAL SALES FROM EXPORTS: Roughly two-thirds THE STORY SO FAR: Chromag kicked off its export business in Japan, thanks to a cycling industry connection that was both personal and profession­al, says founder Ian Ritz, whose title is big boss. “Beyond that, the other markets we reached were purely through people discoverin­g our brand and finding that there was a demand for our products, and they sought us out,” Ritz explains. Chromag—about two-thirds of its products are made in Taiwan— now exports worldwide. Besides Japan and several other Asian countries, destinatio­ns include the U.S., Europe, South America and Australia. TOP EXPORT CHALLENGE: “Probably the biggest challenges simply relate to the cost of getting the products there,” Ritz says, “understand­ing the logistics process and building our business so we have a level of traffic that we can negotiate rates and ship the size of cargo to reach scale of economics to make it feasible.” WHAT'S NEXT: Ten-strong Chromag is curious about China, where other cycling players have been moving for some time. “We've been a little bit skeptical because we don't know much about what the participat­ion in the sport is like there,” Ritz says. “But just through our manufactur­ing contacts in Taiwan, there is some talk about there being a good potential market.”

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