Full-Time

Group Product Manager

Mobile App

Posted on 8/28/2024

Peloton

Peloton

1,001-5,000 employees

High-energy indoor cycling workouts at home

Consumer Software
Education
Consumer Goods

Compensation Overview

$213.3k - $277.3kAnnually

Senior, Expert

New York, NY, USA

This is a hybrid position.

Category
Product Management
Product Strategy
Product
Required Skills
Product Management
Data Analysis
Requirements
  • 6+ years of Product Management experience, with a proven track record of building and scaling mobile apps.
  • 1-3 years experience managing Product Managers
  • Exceptional communication skills, especially the ability to work closely with experts in a different field, understand their needs and translate them into strategy, features and tools
  • Highly collaborative and willing to give and accept constructive feedback
  • Self starter; ability to act autonomously
  • Strong quantitative, analytical, and problem solving skills
  • Constant attention to detail
Responsibilities
  • Collaborate with cross-functional stakeholders to improve the Peloton mobile app experience and develop strategies and features that help Peloton members get the most out of their experience.
  • Develop and execute a comprehensive and inspiring product strategy for driving user engagement and growth. Identify areas for product innovation.
  • Define and monitor success metrics and offer data-driven insights to inspire new features, tools and experiments that drive engagement.
  • Work with User Research and Analytics to develop a deep understanding of our Members to ensure the product roadmap is grounded in their needs.
  • Take an active role in driving features to launch by translating product requirements into engineering requirements and testing criteria, performing User Acceptance Testing and designing experiments in collaboration with Engineering, Program Management and Analytics partners.
  • Manage, mentor, and develop a small team of product managers, fostering a collaborative environment that encourages innovation and excellence.
  • Guide the team in setting objectives, prioritizing projects, and delivering impactful results.
  • Coach the individuals on your team for growth, helping them develop the skills necessary to meet their goals and drive business impact

Peloton provides high-energy indoor cycling workouts through its exercise bike, which streams live and on-demand classes to users' homes. The bike features a large screen for classes led by professional instructors, catering to all fitness levels. Peloton's business model combines hardware sales with a subscription service for access to its extensive library of classes, creating a steady revenue stream. The company's goal is to offer a convenient and engaging way for people to work out at home, building a loyal community of fitness enthusiasts.

Company Stage

IPO

Total Funding

$967.6M

Headquarters

New York City, New York

Founded

2011

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Integration of AI-driven coaching enhances personalized workout experiences for users.
  • Hybrid fitness models expand engagement through in-person and virtual classes.
  • Wearable tech advancements improve Peloton's performance metrics and user engagement.

What critics are saying

  • Increased competition from fitness apps may draw users away from Peloton.
  • Closure of Vancouver store suggests financial or strategic challenges in retail.
  • Potential buyout by private equity firms could alter company strategy and offerings.

What makes Peloton unique

  • Peloton merges high design with technology for a unique fitness experience.
  • The company offers live and on-demand classes led by elite NYC instructors.
  • Peloton's business model combines hardware sales with subscription services for sustainability.

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Benefits

Comprehensive health & life benefits

Supporting families

Future planning

Education

Product discounts

Supporting our communities

INACTIVE