Technology

58138 readers

4512 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

610

Peloton announces $95 “used equipment activation fee” (arstechnica.com)

submitted 3 weeks ago by AnActOfCreation@programming.dev to c/technology@lemmy.world

106 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[–] UpperBroccoli@lemmy.blahaj.zone 26 points 3 weeks ago (3 children)

Is this like an.... idiot tax?

[–] underwire212@lemm.ee 9 points 3 weeks ago

The “signing up for Planet Fitness membership but not actually using the gym” is the real idiot tax. Well, yeah, I guess this one is too.

[–] JohnDClay@sh.itjust.works 5 points 3 weeks ago (1 children)

But this fee wasn't there when people originally purchased this was it? If so, they will now have a less valuable product since they won't be able to sell it as easily. Or are they only doing it for new units?

[–] UpperBroccoli@lemmy.blahaj.zone 1 points 3 weeks ago

To my understanding, it has always only been usable with a subscription, so...

[–] shalafi@lemmy.world 1 points 3 weeks ago (1 children)

I cannot understand why lemmy gets up in arms over bullshit like this. If the idiots wish to pay, let them.

[–] GeneralVincent@lemmy.world 5 points 3 weeks ago

The people getting up in arms are upset because they see it as a slippery slope. First just the idiots pay for subscriptions, then it creeps into the lives of everyone. And eventually it's harder to avoid the bullshit than just pay, and the whole market becomes more predatory. Like if the idiots give companies an inch, they'll eventually take a mile