- Peloton is introducing a $95 “used equipment activation fee” for bikes purchased from outside its official channels in the US and Canada, aiming to boost revenue and maintain onboarding quality for new subscribers.
- The fee has sparked criticism as it reduces the cost savings typically associated with buying secondhand equipment and diverges from practices in other industries, potentially discouraging used market purchases.
- Peloton’s hardware sales continue to decline, but subscription revenue has seen slight growth; the company still faces financial struggles despite cost-cutting measures and layoffs.
This is about an exercise bike, right? Why the heck is there so much nonsense surrounding it?
tabular@lemmy.world 3 weeks ago
Why are we comfortable with not owning the things we buy :/
Squizzy@lemmy.world 3 weeks ago
Im not, I wouldnt buy one.
grue@lemmy.world 3 weeks ago
It’s not enough to not buy one. We need to demand that Congress and the FTC do their goddamn jobs and quit letting every company fuck over the public.
anarchrist@lemmy.dbzer0.com 3 weeks ago
I would consider dragging my used equipment over sr mgmt’s face
Batman@lemmy.world 3 weeks ago
For everyone with a peloton, you can flash the bike with an aftermarket software.
LemmyFeed@lemmy.world 3 weeks ago
HACK THE PLANET!!
bigkahuna1986@lemmy.ml 3 weeks ago
Not a phrase I’d ever thought I’d hear.
blindbunny@lemmy.ml 3 weeks ago
Zwift or TrainerRoad
Wogi@lemmy.world 3 weeks ago
They already charge a ridiculous monthly fee just to use the bike.
And sure, it’s a nicer exercise bike, but you can get a similar experience with a much cheaper bike and a tablet.
elliot_crane@lemmy.world 3 weeks ago
Yep. I’ve been doing this for a while now with a cheap old no-name bike and an ipad. Poor man’s peloton ftw.
Ilovethebomb@lemm.ee 3 weeks ago
I mean, there’s a reason almost nobody is buying their products.
VelvetStorm@lemmy.world 3 weeks ago
I’m not which is why I don’t use photoshop or lightroom.
TheFriar@lemm.ee 3 weeks ago
Pssst. You could always pirate them.
BallsandBayonets@lemmings.world 3 weeks ago
Do you see an alternative? Each year more companies move to a subscription model, even when it doesn’t make the slightest bit of sense. In many cases if you have the time to do proper research and/or a lot of technical savvy, you can find alternatives from companies no one recognizes. Most people don’t have the time or know-how, and the companies that like subscription models are spending billions making sure their names are the only ones people think exist.
tabular@lemmy.world 3 weeks ago
Update consumer protection laws and actually enforce them. Laws written back when tech would come with the schematics.