Peloton is now selling its fitness gear on Amazon

Troubled fitness company Peloton has struck a deal with Amazon to sell a range of fitness equipment and merchandise on the e-commerce platform. CNBC. The maker of connected bikes and others is struggling with so many people returning to gyms and the office. The Amazon partnership marks the first time Peloton has sold its wares outside of its website and showrooms. All fitness equipment ordered from Amazon also includes free delivery and assembly, which is the same offer currently offered on the Peloton website.

“We want to make it as easy as possible to get a Peloton,” said Kevin Cornils, Peloton’s chief commercial officer CNBC in an interview. After a sharp surge in demand for its products during the pandemic that it struggled to cope with, the company is now facing the opposite problem: a . Peloton has been experimenting with new methods of increasing revenue, including a and partnerships with . Despite these efforts, bicycle and subscription sales are stagnating.

The company announced this this summer, resulting in the layoff of 600 workers at the Tonic factory. Earlier this month, it added 780 more jobs, closed a large number of its retail locations, and increased the prices of some devices. It also announced that it would no longer make deliveries of its own equipment and outsourced last-mile logistics to a third-party company.

Earlier this year, the Wall Street Journal that Amazon was in talks with Peloton to potentially acquire the fitness company. While it hasn’t gone that route yet, the success of Peloton’s sales on Amazon could prompt the companies to band together for further efforts.

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https://www.engadget.com/peloton-will-sell-its-merchandise-on-amazon-free-delivery-203845216.html?src=rss Peloton is now selling its fitness gear on Amazon

Russell Falcon

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