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I personally don't find them to be worth it. The 'community' and 'social' aspects are vastly overblown. It's hard for me to even know when my friends are doing
by throwawaysea 6y ago
I personally don't find them to be worth it. The 'community' and 'social' aspects are vastly overblown. It's hard for me to even know when my friends are doing a workout so I can encourage them or compete with them, for example. So the network effects that I expected from such a product simply aren't there. The app also feels surprisingly low in features for how long they've been around. Their Android app is also far behind their iOS app.
So if the network effects aren't there, what is the product? In my opinion it is a high quality, sturdy bike and recorded classes. But those aren't great differentiators anymore. Other brands like Nordictrack have high quality bikes as well, with cheaper subscriptions, some features Peloton doesn't have, and a better 'default' feature set if you turn off your subscription. Peloton may have a larger library of studio classes, but above a certain number having more classes does not really add any benefit. Peloton didn't seem to think the library size has much impact, when they casually removed many classes when they were sued for using music without rights (https://www.cbsnews.com/news/peloton-music-lawsuit-removing-unlicensed-songs/ https://www.cbsnews.com/news/peloton-music-lawsuit-removing-...).
In my opinion, you are just as well off doing a home-built Peloton (https://www.cnet.com/health/fitness/diy-peloton-bike-how-to-build-your-own-smart-cycle/ https://www.cnet.com/health/fitness/diy-peloton-bike-how-to-...) or considering alternatives from Nordictrack (https://www.nordictrack.com/exercise-bikes/s22i-studio-bike https://www.nordictrack.com/exercise-bikes/s22i-studio-bike) or Bowflex (https://www.bowflex.com/bikes/ https://www.bowflex.com/bikes/) or Echelon (https://echelonfit.com/products/connect-bike-ex-7s https://echelonfit.com/products/connect-bike-ex-7s) or whatever.