How did Peloton convince people to spend $20 a month to use their $2500 treadmill

[ConPHIdential]

The stock has fell over 83% in the past 365 days and was just halted this morning. Matter of fact I haven’t even seen a stock get halted in a minute from falling so quick. The company is praying for a buy out at this point I’d imagine.

 

[Standing on business]

People was really defending this shyt

 

[WIA20XX]

https://www.cnn.com/2024/08/22/business/peloton-shares-earnings-turnaround/index.html

 

[Gloxina]

same way when you buy a 50k truck you have to pay $20 a month for Sirius


(dealing with that right now but imma cut it off)

You can get it down to like $6 a month if you threaten to end it.


Gotta call them like every 6mon.



Which reminds me, I have to call them

 

[kaldurahm]

Rowing machine >>> indoors

$3k cycle>>> outdoors

 

[JLova]

Man people are selling their rarely used bikes for $500 on Facebook marketplace.

The OG price was crazy. Would get one if I didn’t have to get the stupid membership.