Associate Product Manager, Peloton

$112.4-146.1k

Junior and Mid level
New York
Peloton

Wellness and fitness services

Job no longer available

Peloton

Wellness and fitness services

1001+ employees

B2CLifestyleHardwareFitnessSocialeCommerce

Job no longer available

$112.4-146.1k

Junior and Mid level
New York

1001+ employees

B2CLifestyleHardwareFitnessSocialeCommerce

Company mission

Peloton's mission is to connect the world through fitness, empowering people to be the best version of themselves anywhere, anytime.

Role

Who you are

  • Bachelor’s Degree
  • 2-3 years of product management experience working closely with Design and Engineering. Experience working on consumer-facing products, DTC e-commerce or expertise in SEO is a plus
  • Superb communication skills, both written and verbal, with technical and non-technical audiences
  • Experience using data to guide decision making and when there’s no data, find alternative sources to gain insights
  • Self-starter and proven track record of taking ownership and successfully delivering results in a fast-paced, high-growth, dynamic environment
  • Ability to focus on a problem at hand while considering the company’s long term strategy

What the job involves

  • This role will primarily focus on driving traffic to our platform, optimizing new & existing product levers including Referrals, Blog, and SEO capabilities. This position will own the discovery, prioritization, and execution of large scale projects that are new undertakings for the business
  • You will work on a fast-paced, cross-functional agile team to take ideas from inception to launch. The ideal candidate will have a deep understanding and track record of product experience to deliver large scale eCommerce projects
  • Obsess Over Customers: Drive market research, user research, user testing, and data analysis to generate new opportunities for growing the business
  • Collaboration: Work closely with Engineering, Design, Analytics, and Research. Serve as a liaison between e-commerce business stakeholders to gather requirements, prioritize needs, and help identify cross-functional dependencies
  • Bias for action: Think quickly, take calculated risks, and embrace change
  • Think big: Inspire the organization to think differently and innovate. Provide thought leadership and collaborate with colleagues to capitalize on untapped opportunities
  • Build for scale: Empower the team to deliver the roadmap that balances feature development with long term scaling

Otta's take

Theo Margolius headshot

Theo Margolius

COO of Otta

Peloton has transformed the fitness market by bringing spin classes into the home. Its product gives you the motivation of having a personal trainer combined with the ease of exercising at home.

It has grown dramatically since launching in 2012, with around 6M subscribers for access to their classes. As well as producing all the hardware itself, it also benefits from network effects. This gives Peloton a strong competitive moat as it scales.

Along with its signature bikes, Peloton has broadened its range to include treadmills, guides, apps, accessories and clothing. Having performed incredibly well over the last few years, the company is now seeing a slow decline in demand, announcing that its total annual revenue for 2023 fell 6%. Peloton is planning to reduce its capital expenditure and is attempting to harness business clients' corporate wellness spending to address this going forward.

Insights

Top investors

-11% employee growth in 12 months

Company

Funding (2 rounds)

Aug 2018

$567m

May 2017

$335m

Total funding: $902m

Company benefits

  • Medical, dental and vision insurance
  • Generous paid time off policy
  • Short-term and long-term disability
  • Access to mental health services
  • 401k, tuition reimbursement and student loan paydown plans
  • Employee Stock Purchase Plan
  • Fertility and adoption support and up to 18 weeks of paid parental leave
  • Child care and family care discounts
  • Free access to Peloton Digital App and apparel and product discounts
  • Commuter benefits and Citi Bike Discount
  • Pet insurance and so much more!

Company values

  • Put members first
  • Operate with a bias for action
  • Empower teams of smart creatives
  • Be the best place to work
  • Together we go far

Company HQ

Hell's Kitchen, New York, NY

Founders

Tom Cortese

(Co-Founder & Advisor)

Previously VP of Product Management at Pronto.com where he worked with John.

Barry McCarthy

(CEO & President, not founder)

Previously served as CFO and Global Head of Free Business for Spotify and as a Venture Partner for Technology Crossover Ventures.

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