Peloton, the exercise equipment company, is facing some difficulties right now. They were once the most well-known company in this industry for a while. According to recent reports, there has been a drop in demand for their products. This could make it harder to contact customer service to resolve an issue. It's already a challenge going through Peloton service number lines on the phone or in person.
Peloton, an at-home fitness platform, was launched in 2014. The Peloton began as an online connected exercise bike, which provided access to classes on demand. It has grown to more than 2,000,000 subscribers. Although the pandemic was a major market success, this fitness brand continues to grow. These statistics, facts, and figures will help you learn more about Peloton, which may surprise you.
Peloton was founded on the crowdfunding platform Kickstarter. It raised $307,332, more than its goal $250,000. Peloton members participate in 134.33 Million workouts every quarter. Over 50 instructors are part of the Peloton service. Since March 2021, quarterly activities have fallen by 10.17%. The total number of quarterly activities peaked at 149.54 million. Peloton subscribers do almost 20 workouts per month, which is a decline of 19.43% from the previous year. With over 51 accounts, Peloton instructors have a 9.62 million following. Based on 2019 figures, 400,000 Peloton bikes were sold. There are 48 live classes per day, or you can choose from 10,000 online courses.
Peloton Subscribers Statistics
Nearly 6 million people have signed up for the Peloton platform. This represents a 9.25% increase over the previous quarter. The connected fitness service of Peloton has 2.33million members. Over 874,000 members are digital-only. In September 2019, the average number of new memberships increased by 549,000.