Second hand or Used bicycles have long been a guessing game. We have approached this methodologically by monitoring major second hand marketplace platforms for bicycle listings, we are able to gather an aggregate view of the scope of these platforms. The next step was to develop an algorithm for systematically categorizing products into standardized structures. Our most advanced model is currently based on the People For Bikes standard from the United States.
Australia provides a unique case study because there is very little market data available, and it has often been considered too small of a market for major players to follow. Our expertise is in automating the meticulous processes used in the past, thereby producing a viable report, even for small markets.