Peloton is just bringing all the things people both love and hate about going to the gym to your home. This is just a copy of the gym's initiation fee. Next up: fixed-term contracts, impossible-to-cancel membership fees, and variable pricing via salesmen.
Peloton to charge $95 activation fee for used bikes
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Re: Peloton to charge $95 activation fee for used bikes
#152Peloton's interesting -- for the audience they target they have a pretty good product (if you're setting up your road bike on your stationary trainer and signing into Zwift, you're not their audience), they have a committed and paying user base, and their instructors turned into legit celebrities. But the market decided they were going to be the next Apple, and they had a CEO stoking those flames (and killing a few k…
Re: Peloton to charge $95 activation fee for used bikes
#153Re: Peloton to charge $95 activation fee for used bikes
#154Earlier quoted context omitted.
> a $1400 bike with a $40 monthly subscription My gym costs $60 a month and gives me access to classes and other equipment. At the cost of a Peloton, a Peloton bike by itself would not pay for itself comparatively for 24 months. That doesn't take into consideration tax on the bike purchase or the monthly subscription. Folks really willing to pay that much money just to not leave their house?
If it's freezing-ass cold or boiling-ass hot, sure. If it's a moderate-ass temperature, it doesn't make sense, sure, but not everyone lives where that happens and for some, even that's a bit of a problem.
Re: Peloton to charge $95 activation fee for used bikes
#155Earlier quoted context omitted.
>the idea of paying for a subscription to ride a stationary bike You're not. Like was said above, you can ride it as a stationary bike for free. You're paying for the video content put out by Peloton which is added to daily, like a tv station. I can't help sounding like a sales person at this point but I'd also point out you get access to all their old content plus the fact that all this content is tied directly to y…
This is such a weird thing, paying to see scenery when riding your stationary bike and then post on the social network, when you can just go out with friends and bike for real in the nature.
Re: Peloton to charge $95 activation fee for used bikes
#156Earlier quoted context omitted.
It does seem odd for Peloton to put any friction up to a new subscriber, given that's where they really make their money. There are plenty of other setups with various levels of connectedness. Cyclists I know love Zwift, though they also sell a bike type thing and their kickers are not exactly cheap. I'd argue that Peloton is likely still the best at home spin studio replacement if that's what people are looking for.…
Zwift is maybe more popular with road cyclist because they want to ride actual road bike. Another possibility is marketing. Zwift is promoted at events like Tour de France and is main sponsor of woman's TDF. Now when I thinking about it, it would be odd if Peloton was promoted in bike races. Because the name is so generic in that context.
Re: Peloton to charge $95 activation fee for used bikes
#157If I did a push-up for every product that has “revolutionized” the fitness world in the last several decades, you would see my body and probably assume that I had used those products. If you have a floor, a wall, and autonomy over what enters into your mouth, then you already have everything you need to gain muscle and lose fat. Nobody needs a $1400 bike with a $40 monthly subscription to maintain a calorie deficit.…
It's largely ineffective to lose weight by exercising, and so much easier to reduce caloric intake. https://youtu.be/mTABw0EyIWY
Re: Peloton to charge $95 activation fee for used bikes
#158If I did a push-up for every product that has “revolutionized” the fitness world in the last several decades, you would see my body and probably assume that I had used those products. If you have a floor, a wall, and autonomy over what enters into your mouth, then you already have everything you need to gain muscle and lose fat. Nobody needs a $1400 bike with a $40 monthly subscription to maintain a calorie deficit.…
> autonomy over what enters into your mouth This is incredibly underrated. Basically I lost weigth by focusing on this first. then exercising became easier. YMMV, but one thing that helped me control food intake was meditation, for a lot of us, over-eating is a response to anxiety.
> over-eating is a response to anxiety
It's more complicated than one cause. Overweight people have an absurd appetite and/or lack of satiation either by being overweight (self-reinforcing) / metabolic dysfunctions, from genetics, and/or from side-effects of medications.
Re: Peloton to charge $95 activation fee for used bikes
#1592. As others noted here, Peloton bikes sell for well under MSRP in the secondary market. A $1000 used Bike+ (or Bike with the swivel attachment) and a $95 one time activation fee is much cheaper than spending $2500 new before taxes and delivery fees.
3. I did road cycling for a long time. I still do, but much less frequently than I did in the past. Raced for a little. (I was terrible, but also not very committed.)
Peloton is amazing.
The instructors are top-notch. Way better than your local cycle instructor, on average.
The programming is vast and really well done. There's something for everyone.
The community is quite social, if you're into that (I am not).
The bike itself is really well made as well. Nothing cheap about it. I'm especially fond of the auto-resistance feature because it gives me a good ballpark as to how hard I should be working to get the most out of whatever class I'm taking. (The resistance on the bike is extremely well calibrated and calibrates on boot, I believe. This is a huge problem at cycling studios, since you're usually using beat-up bikes that haven't been calibrated in a while.)
You can absolutely get some other spin bike, strap a tablet onto it and use Peloton that way, but I think you'd be missing out on a lot. You could also fix your road bike to a trainer and use something like Zwift, Strava or Wahoo but that's an entirely different thing.
Re: Peloton to charge $95 activation fee for used bikes
#160Earlier quoted context omitted.
I don't see Envy there - simply truth. It's a lux brand at a premium price, an item many people buy to be in a social group rather than focusing as fitness tool, and there are cheaper and arguably better solutions available out there. Do you debate any of those statements?
No. So why bother complaining?