Overall cost compares pretty well to a gym, PT, or class subscriptions esp if you live in an expensive area.
It does feel like a potentially valuable company that is just being run badly, but also could face competition. It also does feel like a company that could work well within a larger fitness or content company.
> like and dislike about Peloton
Likes: - It's soooooo easy to just get on it and ride. One of the core tenets of habit-building is to make a habit easy to do. I can't imagine an easier way to exercise than sitting on a bike that's a few feet from my bed. - The classes are all high quality. The instructors are charismatic and varied. There are a lot of them and they all have their own personal style. You can find the 2-3 that work for you or hop around. I only actively dislike 1 or 2, but I get why others could like them. - The classes extend beyond the bike. I like taking their stretching classes and my wife takes a strength class nearly every day. - The powerzone classes are great and a perfect example of something that can't easily be reproduced by competition that doesn't fully integrate hardware, software, and content. - People complain about the subscription cost, but $40 a month is less than the ~$100 a month we were spending on 2 memberships to the only gym in a 15-minute driving radius to my house.
Dislikes:
- Delivery was a NIGHTMARE. Just absolutely terrible. It'd take me 30 minutes to type all the pain we went through for delivery. - Literally nothing else.
> Have you guys noticed a decline in the product, software, classes?
Nope, not at all. In fact, they recently added some boxing stuff which is a new class type for them.
TLDR: I love my Bike+ as does my partner. It's well worth the monthly fee (and this document seems to imply that its too cheap!). Is the bike itself worth £2250? Probably not in theory but it is to me.
Further elaboration: The tech is interesting. It's very polished but there is SO much room for additional reporting, functionality etc. I have actually played abit with the unofficial API and theres lots of data available.
Support originally wanted to charge me $250 for replacement and service. A few YouTubes and a second call, the service person admitted that a $5 part would probably do the trick.
It’s taken two full months from that support call to get the shipping notification on that part.
Other than that, though - my experience with the bike and classes has been positive.