Peloton Live Spin Class
Discussion
GOATever said:
Usget said:
To whom have they sold these 400,000 bikes?!
Are they absolutely massive in the USA, and I hadn't realised? I don't know anyone who's got one, or has even considered one. I've seen one shop, and it was empty. So who's buying them - are they selling B2B to spin classes?
Agree with Chris' assessment above that this is another example of a perfectly average company hyping itself as a "tech breakthrough"... it seems to have fared better than WeWork, though.
They are possibly being economical with the truth about the numbers shifted. It’s part of the game. Tell people you’ve sold gazillions of units, lots of people buy them, on the back of the ‘truth economy’. It then becomes a self fulfilling prophecy.Are they absolutely massive in the USA, and I hadn't realised? I don't know anyone who's got one, or has even considered one. I've seen one shop, and it was empty. So who's buying them - are they selling B2B to spin classes?
Agree with Chris' assessment above that this is another example of a perfectly average company hyping itself as a "tech breakthrough"... it seems to have fared better than WeWork, though.
Kind of like the Lady Gaga of static bikes
On first glance, I don't see an absolute number for the quantity of machines sold in the 10-Q (https://investor.onepeloton.com/node/6546/html)
Here are the metrics that I did spot
562,774 connected subscribers
19.2 million completed workouts in the quarter (11.7 per subscription per month)
One has to rely on that data being very accurate once it is in the 10-Q. Sure, there are exceptions where out and out fraud takes place, but generally the 10-Q is right
Here are the metrics that I did spot
562,774 connected subscribers
19.2 million completed workouts in the quarter (11.7 per subscription per month)
One has to rely on that data being very accurate once it is in the 10-Q. Sure, there are exceptions where out and out fraud takes place, but generally the 10-Q is right
JPJPJP said:
On first glance, I don't see an absolute number for the quantity of machines sold in the 10-Q (https://investor.onepeloton.com/node/6546/html)
Here are the metrics that I did spot
562,774 connected subscribers
19.2 million completed workouts in the quarter (11.7 per subscription per month)
One has to rely on that data being very accurate once it is in the 10-Q. Sure, there are exceptions where out and out fraud takes place, but generally the 10-Q is right
It’s exactly that data, that gives the business any value at all.Here are the metrics that I did spot
562,774 connected subscribers
19.2 million completed workouts in the quarter (11.7 per subscription per month)
One has to rely on that data being very accurate once it is in the 10-Q. Sure, there are exceptions where out and out fraud takes place, but generally the 10-Q is right
My mother sent a link to Peloton asking if she should get a setup (she's been told she needs to do some more cardio but can't run after a hip replacement).
I suggested she'd be better off getting a Wattbike Atom. With that, she can use the peloton app, or zwift, and the bike will actually be worth something if she decides she doesn't want it after all.
I suggested she'd be better off getting a Wattbike Atom. With that, she can use the peloton app, or zwift, and the bike will actually be worth something if she decides she doesn't want it after all.
keith2.2 said:
My mother sent a link to Peloton asking if she should get a setup (she's been told she needs to do some more cardio but can't run after a hip replacement).
I suggested she'd be better off getting a Wattbike Atom. With that, she can use the peloton app, or zwift, and the bike will actually be worth something if she decides she doesn't want it after all.
correct. the atom is a great bit of kit. The normal wattbike can be had second hand also which is a good option. I suggested she'd be better off getting a Wattbike Atom. With that, she can use the peloton app, or zwift, and the bike will actually be worth something if she decides she doesn't want it after all.
A couple of things to consider -
You can use your own bike together with their app (Android/iOS/fire). If you do this the cost is £12.99 pcm.
If your bike doesn’t have Bluetooth for hrm/cadence (to the app) you can add this using something like a wahoo monitor. The only thing you then miss out on is being on the leaderboard - but you can use your own data logging sw to track your own progress.
Also, the platform isn’t just for spin. It has a whole lot of other classes for treadmill (again you can use your own), yoga, weights/cardio and meditation.
I might try it out using my own spin bike (and the weight/cardio classes), whilst the Mrs fancies trying out the yoga. For £12.99 a month I think that’s pretty good, and I imagine that’s where they imagine a fair bit of their income stream will be coming from.
ukwill said:
A couple of things to consider -
You can use your own bike together with their app (Android/iOS/fire). If you do this the cost is £12.99 pcm.
If your bike doesn’t have Bluetooth for hrm/cadence (to the app) you can add this using something like a wahoo monitor. The only thing you then miss out on is being on the leaderboard - but you can use your own data logging sw to track your own progress.
Also, the platform isn’t just for spin. It has a whole lot of other classes for treadmill (again you can use your own), yoga, weights/cardio and meditation.
I might try it out using my own spin bike (and the weight/cardio classes), whilst the Mrs fancies trying out the yoga. For £12.99 a month I think that’s pretty good, and I imagine that’s where they imagine a fair bit of their income stream will be coming from.
I did not realise that. I thought it was just the bike + class. I saw it as a consumer item that if the company collapsed it would be effectively a clothes horse. Might have to have a look and spice things up when bored of Zwift if this is the case!!You can use your own bike together with their app (Android/iOS/fire). If you do this the cost is £12.99 pcm.
If your bike doesn’t have Bluetooth for hrm/cadence (to the app) you can add this using something like a wahoo monitor. The only thing you then miss out on is being on the leaderboard - but you can use your own data logging sw to track your own progress.
Also, the platform isn’t just for spin. It has a whole lot of other classes for treadmill (again you can use your own), yoga, weights/cardio and meditation.
I might try it out using my own spin bike (and the weight/cardio classes), whilst the Mrs fancies trying out the yoga. For £12.99 a month I think that’s pretty good, and I imagine that’s where they imagine a fair bit of their income stream will be coming from.
More about the app on the website, includes a 30 day free trial
"Cycling, Running, Yoga, Outdoor, Strength"
"Explore an expansive, ever-growing library of live and on-demand studio classes taught by world-class instructors. Immerse yourself in our breathtaking studio experience anytime you want. Your new favourite class is waiting for you."
https://www.onepeloton.co.uk/app
I can see some value in that.
"Cycling, Running, Yoga, Outdoor, Strength"
"Explore an expansive, ever-growing library of live and on-demand studio classes taught by world-class instructors. Immerse yourself in our breathtaking studio experience anytime you want. Your new favourite class is waiting for you."
https://www.onepeloton.co.uk/app
I can see some value in that.
Am I missing something here? The concept, as I understand, is pre recorded spin classes (with option to join a live class, if desired?)... a quick search on YouTube also has pre recorded classes? So why would one need this set up? Coupled with MyFitnessPal so you can be spurred on by your mates, is that not essentially the same thing? I don’t understand?
Looks like the share price has recovered from the dramatic fall over December but the bounce may be down to the new year resolutions people make.
Over Christmas I met up with some old friends and one of them was in the process of moving and that was partly due to the occupant in the flat above getting Peloton and then screaming away at odd times both day and night, it took them a while to work out what was going on as the neighbour must have tried being semi-considerate and used earphones but they could still feel the vibrations and hear the panting.
Over Christmas I met up with some old friends and one of them was in the process of moving and that was partly due to the occupant in the flat above getting Peloton and then screaming away at odd times both day and night, it took them a while to work out what was going on as the neighbour must have tried being semi-considerate and used earphones but they could still feel the vibrations and hear the panting.
extraT said:
Am I missing something here? The concept, as I understand, is pre recorded spin classes (with option to join a live class, if desired?)... a quick search on YouTube also has pre recorded classes? So why would one need this set up? Coupled with MyFitnessPal so you can be spurred on by your mates, is that not essentially the same thing? I don’t understand?
Seems to be not just spinning, but yoga, stretching, boot camps etc. body weight workouts, strength workouts, running on a treadmill etc. looks like you could use it on a static bike if you can increase the effort levels. I now see the slight appeal.https://www.onepeloton.co.uk/app
Ray is making positive noises about some aspects of peloton. This from his latest blog
https://www.dcrainmaker.com/2020/02/5-random-thing...
The one thing I continue to be somewhat intrigued upon is how ‘misunderstood’ Peloton is within the endurance sports community. For example, if I were to show you the structured workouts in an app-agnostic way, my bet is that some workouts would be indistinguishable between Peloton and TrainerRoad. Especially those that are power-zone focused. Yup, just like TrainerRoad they’ve got precise power targets based on FTP as well as ancillary targets like cadence. Of course, there’s also plenty of other differences. But the more I use it the more I see the similarities.
there’s far more to a Peloton bike than the power accuracy. That’s sorta why they’ve sold approximately 500 *times* more bikes than Tacx, and probably double that again for Wahoo, all with attach/renewal rates that Zwift would dream of. But we’ll get into that later.
https://www.dcrainmaker.com/2020/02/5-random-thing...
The one thing I continue to be somewhat intrigued upon is how ‘misunderstood’ Peloton is within the endurance sports community. For example, if I were to show you the structured workouts in an app-agnostic way, my bet is that some workouts would be indistinguishable between Peloton and TrainerRoad. Especially those that are power-zone focused. Yup, just like TrainerRoad they’ve got precise power targets based on FTP as well as ancillary targets like cadence. Of course, there’s also plenty of other differences. But the more I use it the more I see the similarities.
there’s far more to a Peloton bike than the power accuracy. That’s sorta why they’ve sold approximately 500 *times* more bikes than Tacx, and probably double that again for Wahoo, all with attach/renewal rates that Zwift would dream of. But we’ll get into that later.
i have used the app and bike, the app is fine, as you say its just structures training by power zone which is what everyone else does.
the bike is a pile of s
t, its old tech, no erg mode, the power meter is very basic, etc etc etc.
they have sold loads because they are marketing well, not because its a good product.
the bike is a pile of s
t, its old tech, no erg mode, the power meter is very basic, etc etc etc. they have sold loads because they are marketing well, not because its a good product.
I'm perhaps due a flock of parrots for this contribution but I struggle with the 'class' bit about this 'spinning' lark which seems to imply a sense of being taught something.
Would it not just be better just to buy a nice bike for around £1,500 and get out with a group of friends 2-3 times a week and do some actual cycling, then go to the pub afterwards?
I've been following this novel approach for around 20 years now and it's cheap, sociable, gets you out of the house and keeps you fit.
...the adverts annoy the hell out of me BTW!
Would it not just be better just to buy a nice bike for around £1,500 and get out with a group of friends 2-3 times a week and do some actual cycling, then go to the pub afterwards?
I've been following this novel approach for around 20 years now and it's cheap, sociable, gets you out of the house and keeps you fit.
...the adverts annoy the hell out of me BTW!
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