Older story... but Peloton (maker of trendy bikes that cost way too much and come with remote trainers because millenials need gold stars every five seconds... But the company is still in free fall and doing worse.
Now here is their 'answer' to turning themselves around. An utter ESG extravaganza of characters who are simply not part of the Peloton Demographic. And set to a song about gang violence.
Let's get real... outside a handful of NFL or NBA players... the demographic for Pelotons is trophy wives in suburban and urban areas who are trying to keep off the fat so that their rich attorney husband does not divorce them for a hot thin young chick. It's not fat milleniels living in trailers by the river. It's not gangbangers. It's not, by any stretch, the fat, ugly people in the pictures. None of those folks fit an image that Peloton buyers relate to... want to look like... or aspire to.
But look how woke it is! It has every oppressed minority in it. It has giant Rachel Dolezal hair. It has everything that your urbanite woke leftist moron could pack into a commercial (including a theme song about gangbanging)... at an expensive luxury product aimed at cute blonde fuzzy-bunny trophy wives living on the upper west side and in Cos Cob.
THIS is why ESG and Get Woke Go Broke are so retarded. This company is doomed. It's finished. Its image is now... shot. It was flying high during Covid... people were buying these things to replace their 'closed' gym membership. They had such momentum. But not only blew the sales curve once Covid ended... but have now rebranded their over-priced 'toys' towards people who don't have a pot to piss in and certainly aren't putting Peloton in their trailer or their Section 8 housing.
Can't wait to see these folks auger in totally. The sad part is that they will take a lot of 401k's with them. Because Woke Investment counselors and hedge fund managers look at this shit and put YOUR money into this crap. And then you lose your money. Because Peloton and its idiot ad agency (and marketing stooges) pissed it away.
Well, it'll be fun to watch it implode. And as Christmas Season approaches... the last thing you want to do is buy this crap! Noone will be around to support it in another year.
Sirhr
Peloton: A Series of Warnings and an Analyst Downgrade
Peloton remains far from being profitable and has severe fundamental weaknesses
finance.yahoo.com
Now here is their 'answer' to turning themselves around. An utter ESG extravaganza of characters who are simply not part of the Peloton Demographic. And set to a song about gang violence.
Let's get real... outside a handful of NFL or NBA players... the demographic for Pelotons is trophy wives in suburban and urban areas who are trying to keep off the fat so that their rich attorney husband does not divorce them for a hot thin young chick. It's not fat milleniels living in trailers by the river. It's not gangbangers. It's not, by any stretch, the fat, ugly people in the pictures. None of those folks fit an image that Peloton buyers relate to... want to look like... or aspire to.
But look how woke it is! It has every oppressed minority in it. It has giant Rachel Dolezal hair. It has everything that your urbanite woke leftist moron could pack into a commercial (including a theme song about gangbanging)... at an expensive luxury product aimed at cute blonde fuzzy-bunny trophy wives living on the upper west side and in Cos Cob.
THIS is why ESG and Get Woke Go Broke are so retarded. This company is doomed. It's finished. Its image is now... shot. It was flying high during Covid... people were buying these things to replace their 'closed' gym membership. They had such momentum. But not only blew the sales curve once Covid ended... but have now rebranded their over-priced 'toys' towards people who don't have a pot to piss in and certainly aren't putting Peloton in their trailer or their Section 8 housing.
Can't wait to see these folks auger in totally. The sad part is that they will take a lot of 401k's with them. Because Woke Investment counselors and hedge fund managers look at this shit and put YOUR money into this crap. And then you lose your money. Because Peloton and its idiot ad agency (and marketing stooges) pissed it away.
Well, it'll be fun to watch it implode. And as Christmas Season approaches... the last thing you want to do is buy this crap! Noone will be around to support it in another year.
Sirhr