The vending machine idea is great!

And a couple of other things...

Ditto what the others said about bike parking...but I'll add that when I'm out on my road bike I almost never have a lock. My favorite LBS has a rack at the front of the store (inside) where I can put it & know it will be safe. Also, people often want to bring the bike in & have it with them when looking at things like bar tape, panniers, seats, etc., so make sure that you have wide aisles to accommodate that.

There is a new bike shop by my house & the people are really nice but I hardly ever go there because it is so cluttered with bikes/clothing racks/etc. that you can't bring a bike in. I was looking for a new saddle...they were wedged in a corner that took me 15 mins to get to with my bike, and I knocked a million things over in the process. Ugh. They are really nice but it seems a lot easier to ride the extra 5 miles to a shop that accommodates my bike...

Plus, having people's bikes in your shop is a good sales opportunity for you: hey, this bar tape would look great on your bike! Have you ever thought about trying clipless pedals? How do you like that saddle? Do you have a frame pump? etc.

My LBS offers a regular free maintenance class...a good way to make people confident with their bikes and sell basic maintenance gear. I was thinking too that a good idea might be to put together your own 'starter kit' for new cyclists & offer a discount on it with a bike purchase, tire levers, tubes, patch kits, multi-tool, frame or CO2 pump...and of course the bike socks/water bottle with your logo.

And, a simple rule, but learn names. Or remember something significant about your customers. How are you liking that new ____? How was your ride to ___ last weekend? When I walk into a store & am greeted by name I really appreciate that.

Anne