161–166 of 166 posts
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In terms of just using the app and not the bike: The bike hardware is very good. Peloton claims to only break even on it and I can believe that - it’s an extremely sturdy bike.
It's not 2 grand good. It's similar to bikes that cost $1K or less. There is no way they're only breaking even on the bikes unless their supply chain is complete garbage.
To reference a cliche, I think Peloton turned up the heat a little two quickly and the frog jumped out of the pot of water. But they will learn to go more slowly in the future, the same way that we see people lazily subscribing to multiple $5.99 streaming TV channels, ultimately costing more than cable.
'The company has cited "safety and well-being" as a reason for introducing the membership fee.' I've noticed the "fake because" lately seems to be getting more and more brazen from corporations. This is about the third or fourth "for your safety and convenience we're helping ourselves to more of your money" I've seen in the last couple months, and unfortunately all the other ones I've seen are for products or service…
One way to fix this is to vote for people who believe everyone (including corporations) should pay their fair share of taxes, rather than just the middle class, aka the overtaxed 90%.
I mean the entire business model of the company seems to be to depart rich people from their money in obscene ways, so that move does not seem unexpected. I generally do not understand the thought process of buying a tablet glued to a treadmill for three thousand dollars. That's like what, a decade of gym membership
This nails it. The startup tech boom has a large contingent of, "how can we take a cheap device, cloud-it-up, add some design, and sell it at 20x the price to the bougie?" I literally stay awake at night trying to think of something I can modify and sell to rich people.
And by "rich" people, I mean people in the 10% and above income brackets, or people that will go into debt to have the latest gadget.
Examples:
- Car-rooftop tents
- Fancy blenders
- Super-expensive coolers
- Deluxe earphones
- Deluxe vacuum cleaners
- Deluxe portable fans
- Deluxe juice machines
- Deluxe "man kits" (yes, its a thing: https://www.mancrates.com/, https://manlymanco.com)
...
I am racking my brains to come up with the next fancy thing...
I mean the entire business model of the company seems to be to depart rich people from their money in obscene ways, so that move does not seem unexpected. I generally do not understand the thought process of buying a tablet glued to a treadmill for three thousand dollars. That's like what, a decade of gym membership
These are competing with fitness studios like Soul Cycle- which charges $40+ a class after shoe rental and water. The bike is more like $2000 at least for the standard bike, not $3000. My wife bought one in November 2019, and both joined the "century club" (100 rides) by the middle of 2020 and she takes the Yoga classes as well and I have done a few strength classes- its not just about the bike. We had never previous…
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This feature is part of the YouTube Red subscription. Which doesn't really add that much in addition, aside from partial ad removal and video downloads, all completely free on PC.
It adds more support (10x to 20x) for the content creators than ads, with the bonus of not watching ads. For some people, this is quite valuable. As a side note, the video downloading is made available in the mobile app as well.