Peloton on Tuesday revealed plans to sell a rowing machine along with the sort of online classes that it's known for.
Peloton Row carries a starting price of $3,195, which includes delivery and setup, while an all-access membership costs $44 a month.The big picture:The company is overhauling its operations, supply chain, distribution and pricing strategies in an effort to both cut costs and grow its customer base,Peloton Row can be "individually calibrated" to help exercisers "adjust their form and strengthen their stroke as they row," Peloton said.
"Post-class analytics and insights measure performance and progress over time," while a 24-inch high definition swivel screen "pivots 45 degrees to bring the studio energy into the home."Unlike the company's stationary bike and treadmill, financing options will not be offered for the rowing machine. "While financing is not currently available, we will keep everyone informed of any changes," Peloton spokesperson Hayley Verbeke tells Axios in an email.
octobadger1
blhack
This company is DONE
And the competition price is half that… Seriously bad idea if you are buying an over priced product from a failing company.
Making even less attractive: “Yes, but: Unlike the company's stationary bike and treadmill, financing options will not be offered for the rowing machine.”
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