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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Gullible people desperate to lose weight buy them.  They love them for a while!  They live for the leaderboards, stats, and shout outs. It’s no different than likes on social media.  Instant feel good hormones.  Peloton knows this. Then, they become expensive clothes holders. Just like every other piece of fad exercise equipment.  As a CPT it makes me sad.   They could do exactly the same thing by riding an actual bike or just buying a cheap stationary.  A fool and his money……[/quote]

Of course it's POSSIBLE to do that.   That's like saying people will never go to starbucks because you can get coffee at 7-11.   Buy a 20 year old car and not a Mercedes because it's just transportation.  People are willing to pay more for an experience.

The expensive clothes holder is such a played out reference.   I am four years in, use it 5+ days a week, on my second bike and there's nothing else like it.  2.5 million users, 450 million workouts last year, average of almost 4 workouts a week.  [/quote]

Same, I broke down and got one last spring, I just adore it and use it every day. I feel GREAT afterwards, it literally lifts my mood 100%. I don't want to go back to OTF and I find going to Planet Fitness (where my DH goes) just a depressing grind and also, have to drive there, look presentable, share equipment, etc. [/quote]

+1. 16 months with it, even if I never got on it again (which will not happen) it would still be worth every penny. I use it all the time, first fitness kick I've ever been on that I've been so consistent with.[/quote]

Same![/quote]

Here to!  I started Peloton in April 2020 and I still love it and ride 4-5 times a week.  [/quote]

+1 I take a yoga class, strength classes, and some form of cardio class (tread (run or hike or walk), bike, HIIT) classes daily. Ranging from 5 min to 90 minute classes. Love it! And for reference, I never looked twice at the Peloton bikes at my former gym because I was never interested. But now, in the current worldly state of affairs, it’s the best thing out there for my overall health at this point in my life. The convenience is priceless. Work [b]every penny[/b] I’ve spent so far.[/quote]

Well, that's the question.  Literally, that was OP's question (going all the way back to Dec!).

Since they are facing financial difficulties, they are going to try to get more from their existing customers, as well as raise the price point for new customers.

How much an increase in your monthly subscription would you tolerate?  Double?  Triple?  10x?

That was the question.  It wasn't whether you like it not; clearly people do.  And its not whether or not people feel like they are getting value for their money; clearly they feel they are.

But at what point do you no longer get that value?  If the monthly rate went to 60 dollars a month, what would you do?[/quote]

I am the PP. I think many of us will and some won’t pay much more than what we are paying now- especially those who barely use their bikes/ treads . And I do think they’d be competing with other home equipment options like Tonal, Soul Cycle, Mirror, etc so I am not sure if they’d be the first ones to raise their membership price to that much. It still cost less than the boutique classes given the amount of classes I take per month.[/quote]

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