HBS Pelotons Business Model Alternative Solutions Discussion
Question Description
- Provide a brief summary of the case background. Discuss the major macro-environmental and micro-environmental shifts that have impacted on the firms performance or are likely to affect the firms performance in the future.
- Describe the problem or opportunity to be analyzed (problem framing).
- Develop a set of alternative solutions for addressing the identified problem.
- Analyze the alternatives in terms of your defined performance criteria and select the best strategies from the identified alternatives. Discuss how these would be implemented.
- Propose metrics for tracking program performance in the near-term (intermediate metrics) and long-term (conclusive metrics) to determine their success.
just do #3, I already listed some possible solutions for the problem statement, please come on with more/revise
Alternative solution 1: slightly lower initial price of the Peloton Bike/Tread
Alternative solution 2: Offer special deals/promos to keep customers interested
Alternative solution 3: Slightly lower subscription costs
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