Victoria Song’s Post

😳 Peloton is back in the news, and the news isn't good. There have been thousands of layoffs, the company is seeking to find yet another CEO, and it is still dealing with lawsuits from the past. In this special episode, Shannon Fable and I unpack our thoughts on... 💻 Where virtual as a whole is headed. 📈 How fitness managers must view the overall product they provide. ⚖️ Emphasize the distinct and purposeful programming differences between Apple Fitness+ and Peloton. ❓How does the above all relate to fitness managers and owners? 🎧 https://lnkd.in/dsPPx-GR What are your thoughts? We are genuinely curious. #peloton #fitnessmanager #fitnessinstructor #virtualfitness #applefitness Shannon Fable

Peloton is doing some things right in terms of diversifying their sales channels and subscription types, but will it be enough? In this interview on the Schwab Network, I shared Similarweb findings that cancellations have been running 2.5X higher than new digital subscriptions lately -- obviously a warning sign for customer loyalty. They've also seen a surge in members pausing their subscriptions, perhaps partly because bike owners are waiting for a replacement seat post following a recent recall. On the plus side, active users of the Peloton app are up 20% YoY, suggesting that their strategy of broadening their subscriber base is working. Now, can they convert those people into paying customers? #Peloton #digitalamarketing #mobileapp #ecommercebusiness https://lnkd.in/eNzSr4bG

From The Verge - Science News: Peloton announces new round of layoffs as CEO quits https://bit.ly/3QuWNZw #DataDrivenDecisions #InformedBusinessChoices #BoostEfficiency #SustainabilityMatters #StrategicPlanning #ResilientBusinesses #InnovativeSolutions #BusinessOwners #Entrepreneurs #SmallBusinessOwners #BusinessLeaders #BusinessStrategies #EntrepreneurLife #BusinessGrowth #EntrepreneurMindset

I saw that Peloton just hired its second CMO in the past year, and I was reminded of a 4-step cycle I've seen continually in my career: Step 1: A company rides a wave of growth created by some outside factor (a pandemic, a recession, etc.). Step 2: Then, instead of recognizing that the growth came from an outside factor, that company pats itself on the back and thinks it's done something really great. Step 3: It continues into the future as if it's really great and the wave of growth will never stop. Step 4: But then something entirely predictable happens: the growth stops. Imagine that. Wishing for a 2024 filled with measured expectations, realistic growth objectives, and fewer layoffs/turnover. #business #growth #startup

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Dive into a world where every athlete has a tale! 🌟 #META11 Athletes aren't just players; they're characters with rich backstories influencing their game. Soon, you'll own an Avatar and craft a legacy uniquely yours. Sign up now and be part of this special journey! #META11Legacy

I've finally received my Meta Quest 3. This is the video of my unboxing! #VirtualReality #technology #MetaQuest3 #meta #metaverse

G2 Esports and Version1 + Minnesota RØKKR have allegedly been in talks over a merger for several months now, according to a report by James Fudge of THE ESPORTS ADVOCATE. According to the report, WISE Ventures, LLC & Gary Vaynerchuk, the current owners of Version 1, would become minority stakeholders in the combined org. This comes after the ownership group told V1 management they dind’t wnat to be the largest stakeholder in the org anymore. While no deal has been fully finalized, it seems that these talks are still ongoing and that V1 not becoming a partnered team in VCT Americas 2023 was a factor for this decision too. Given the hiring freeze, budget cuts, and layoffs from V1, along with signs from V1’s COO Brett Diamond of an alternative future for V1 such as a merger, it seems this may have been inevitable from the start. Why G2 Esports though? Perhaps the org wants to continue expanding its presence in America, or maybe the org wants to acquire a CDL slot. Will be curious to see if this merger goes through or not - we’ve already seen the NRG Esports x Counter Logic Gaming merger - what next? Once again, big shoutout to James Fudge for the extensive reporting on this. Follow #MoreMark for #Business content in #Gaming, #Esports, and #Creators!

From Virtual Tracks to Professional Paths: Finding Inspiration in #F1 Gaming Launches! 🎮🚀 As the #F124Game launch date and trailer drop, it's more than just a note in the #gaming calendar – it's a lesson in career acceleration! 🏎️ Just like gamers strategise to dominate virtual circuits, professionals navigate their career paths, seeking ways to level up and achieve their #goals. 🎯 Anticipation surrounding new game releases mirrors excitement in exploring #newcareeropportunities – both demand passion, dedication, and adaptability. 🏁 In F1 gaming, every decision counts. Similarly, in our careers, calculated moves and embracing challenges help us to reach the finish line – whether it's securing that dream job or achieving #professional milestones. If you're looking for a career move or aiming to develop your #career, don't hesitate to pop Henry Morrow at XQ Technical a message to explore the possibilities! #Recruitment #ProfessionalGrowth #CareerSuccess #Motorsport #ProfessionalDevelopment #CareerGoals #MotorsportJobs

The leaderboard for this week is out! Don’t wait any longer to secure your spot. 🫶🏻 Quick note on the reward system: Only one winner per category. If the same person tops multiple categories, they’ll receive an award for one and the first place in the other category goes to the runner-up. Let’s get on the track and claim your position! 🏆 #Leaderboard #Metafluence #metaverse #meto