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Kickr Move: Wahoo launches new indoor cycling trainer after ‘horrible’ period for bikes
Kickr Move: Wahoo launches new indoor cycling trainer after ‘horrible’ period for bikes
Wahoo has launched the Kickr Move, a new indoor cycling trainer aimed at improving the experience of riding indoors - and overcoming a range of problems experienced by home training companies in recent years. The new Kickr Move adds movement to indoor cycling. Until now, riding a bike indoors has almost uniformly meant mounting a bike onto a smart trainer that allows for little movement, either sideways or forwards. That lack of movement in turn leads to problems with comfort, as well as realism, given that riders are stuck in the same position. In recent years, indoor cyclists have undertaken increasingly complicated ways of solving that problem, including putting their bikes and turbo trainers onto large “rocker plates” – essentially big wooden platforms intended to allow them to move a little more. Wahoo said that building a system like that was never on the table. While those rocker plates showed there was clearly an "unmet need", the company's founder Chip Hawkins told The Independent that "doesn't make any sense at all" and that the company therefore set about building a new kind of solution. Without that kind of movement, the forces that usually move a bike do not happen on a fixed trainer, which leads to "unnatural pushing and pulling", Hawkins said, which can make long rides inside uncomfortable and unrealistic. Fixing that added a completely different appeal that aims to make indoor riding more appealing, he said. Wahoo did so by taking its existing smart trainer and essentially mounting it on a track, to allow movement back and forth, with about 14cm of space back and forth. If a rider gets out of the saddle, for instance, the bike will drop back and then forward again – something that’s so natural in the real world that it hardly takes any thought, but which has been almost entirely missing in indoor cycling. (Wahoo’s rival, Tacx, released its own “Motion Plates” last year, but they are added on to the trainer separately.) The Wahoo Kickr that is on the market today looks almost identical to the one sold ten years ago, though there has been the addition of new technologies such as built-in WiFi; the new Move is the first noticeable different smart trainer Wahoo has released in years. Even in the new release, the changes are minimal: the Kickr Move takes most of the components from Wahoo’s existing smart trainer and puts them in that track. At the same time, it has also announced a new, cheaper version of its premium Kickr Bike, an entire indoor bike, aimed at broadening the appeal. But even if the changes are humble, the new Kickr Move marks the first major change to the design of indoor bike training equipment in years. And, perhaps more importantly, they come at a time when the future of indoor cycling's future is being decided. Indoor cycling as an industry and an activity has been no stranger to dramatic movements in recent years. When the pandemic began, early in 2020, many took to working out indoors, and the connected fitness and indoor training industry experienced a surge in demand so strong that it became a problem. For the first year, Wahoo and other indoor training companies couldn't make enough stock to sell, and as soon as turbo trainers appeared on retailers' websites they would disappear again. Orders came in and shops stocked up heavily, to avoid any similar difficulties in the years to come; factories were coming back online and were ready to make those smart trainers. "And then everyone went outside," Hawkins recalls. All of the indoor training equipment that had been ordered had nowhere to go. "Our sales took a horrible nosedive." Prices were reduced to clear out those now full shelves at bike shops, and sales fell too. "It was a really, really tough year last year," Hawkins says. This time around, as the autumn approaches and trainer season begins again, the industry is having the opposite problem: for the most part, that glut of trainers has been sold, but bike shops are anxious about ordering too much to replace them. What's more, the effect of the pandemic on bikes was much the same – bikes were impossible to buy, so more were made, and they are now stuck on shelves – meaning that those shops might not have space or money to buy trainers even if they wanted to. At the same time, things were looking especially shaky at Wahoo. At the height of covid – when people wanted indoor fitness equipment, and investors wanted the companies that make them – Wahoo was sold to a private equity firm. Wahoo commanded a chunky valuation as the lockdown sales rolled in, benefiting from the same excitement that also sent the share price of rivals Peloton soaring. Then lockdowns eased, and people started leaving the house. Interest in indoor cycling started to fall away. Peloton’s stock plummeted; it has lost 97 per cent of its value since its highs in early 2021. Wahoo’s financial analysts started to use words like “unsustainable” about the company, and it looked as if its debt problems could lead the company to collapse. Some 18 months after a sale built on frenzied excitement about indoor cycling, Wahoo looked in peril. The debt taken on to support the sale was called in and the company was taken over by the banks, and the "shareholders lost everything", Hawkins said. Wahoo's marketing activities went away, product development slowed, staff were let go, and the company looked in danger. Then Hawkins stepped back into buy the company, along with three other strategic investors. It was a "fresh start", he says, and the company was free of its debt. Wahoo's operations "never really missed a beat" throughout the financial chaos, and so the company was able to get back to work again. "We're not trying to raise quick bucks or anything – I'm really trying to set us up for long-term success, which is exciting", he says. The Kickr Move and the Bike Shift are the first major new products to come out of Wahoo since all of that happened. As well as the new products, it comes with a new approach: more sustainable packaging, and a new setup experience – as well as a new, higher price. The Kickr Move costs £1,399 – £300 more than the existing Kickr smart trainer, which will stay on the market. Encouraging people to pay that extra might be difficult, given so many cyclists have just bought trainers in recent years, especially through the pandemic. But Hawkins says that while the market might look mature, there are still plenty of people out there still to be reached. Hawkins' instinct is that indoor cycling is a mature market, but Wahoo's data suggests that only 11 per cent of "committed cyclists" have a smart trainer. "There is still a tonne of people that haven't discovered smart training yet – I don't know exactly where they are, but it seems like there is a lot of room for kind of continuing to expand the category". The Kickr Move is another attempt to reach those people, as well as being extra innovation intended to make those with older trainers upgrade. In use, the Kickr Move is considerably more comfortable: it is hard to understand how much discomfort is caused by a lack of movement until you're able to move back and forth. And the relative lack of innovation elsewhere means that setting up the new trainer is familiar and simple, and that it works easily with Wahoo's other products. (The only problem is Wahoo's Kickr Climb, which allows people to tilt the front of their bike up and down as if they were ascending and descending, and which needs an extra foot to be compatible with the Kickr Move, sold separately.) The new trainer is far from the only innovation planned by Hawkins in the time to come. "You've got other things coming besides this launch," he teases; "we are 10, 12 years old in this market, compared to 150-years or something for cycling. So I think we've got a long way to go." Read More Apple is about to launch what could be the most controversial iPhone in years Apple is about to reveal the new iPhone – and a lot more Here’s when you will actually be able to get the new iPhone Apple is about to launch what could be the most controversial iPhone in years Apple is about to reveal the new iPhone – and a lot more Here’s when you will actually be able to get the new iPhone
2023-09-12 21:22
The Best Esports Games for 2023
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Kioxia Commences Operation of Two New R&D Facilities
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New Calabrio Research: AI will Impact Customer Service Agents, But Not How We Anticipate
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2023-09-21 21:56
Musk's Neuralink raises $280 million in latest fundraise
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(Reuters) -Elon Musk's brain chip startup Neuralink has raised $280 million in a funding round led by Peter Thiel's Founders
2023-08-08 00:21
Belkin Unveils New Innovative Qi2 Chargers, Powerful USB-C Solutions, Immersive Audio Products and More at IFA 2023
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2023-09-01 00:24
Alibaba, JD.com Fall After China Trade Data. Here’s the Good News.
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Chinese exports fell for a sixth consecutive month in October, dropping 6.4% from a year ago.
2023-11-07 18:26
ChatGPT can now hear, see and speak as OpenAI gives the chatbot its most humanlike update
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SoftBank’s Arm Targets $60 Billion-Plus Value for September IPO
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BOE’s Catherine Mann Says UK Government Needs Longer-Term Agenda
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YouTube to Stop Removing Content Denying 2020 US Election Result
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Threads is already more than three times bigger than every Twitter rival combined
Threads is already more than three times bigger than every Twitter rival combined
Mark Zuckerberg’s Threads app has become the leading Twitter competitor within hours of launching, attracting three times as many users as all other rivals combined. Parent company Meta, which also controls Facebook and Instagram, saw 22 million people sign up to its latest app offering within 12 hours of releasing it on Thursday. The text-based social media app is designed to offer an alternative to Twitter, which has been blighted with issues and controversies since Elon Musk took it over last year. Other Twitter rivals, including Donald Trump’s Truth Social, are yet to reach a critical mass to make them serious contenders in the space. The former US president’s app has around 2 million monthly active users, while Bluesky, Mastodon, Parler and Tribel have an estimated 4.5 million users combined. It took Twitter roughly three years to reach the number of users that Threads achieved in its first day, however Mr Musk’s app still has more than 10-times the number of active users. Thread’s user growth puts it in line to become the fastest growing app of all time, with no other launch seeing as many users sign up in a single day. Early adopters of Threads include singer Jennifer Lopez, NFL star Tom Brady and adventurer Bear Grylls. Despite this success, it remains a long way off the number of Twitter users, which had an estimated 330 million monthly active users in the first half of the year. It is unclear how many of the new Threads users were already Twitter users, and whether they will make the switch permanently if they were regular users of Mr Musk’s platform. Some analysts believe Threads could potentially become the most popular text-based social media app, given that it arrives at a time of growing dissatisfaction with Twitter among some users. “Threads looks set to be the Twitter killer, and comes at the worst possible time for Elon Musk’s doomed social network,” said Drew Benvie, chief executive of consultancy firm Battenhall. “The long anticipated alternative to Twitter will offer Instagram’s two billion users a more reliable and useful way of using social media that Twitter used to do so well. But with Twitter becoming more unreliable, costly and unsafe than ever, I expect users will vote with their fingers.” Read More Threads: What is it, can it rival Twitter and what are the risks? Watch live: Robots take part in UN discussion on AI in healthcare Threads: What it’s like to use Instagram’s new Twitter rival Meta’s new Twitter rival app Threads gets over 10 million sign-ups
2023-07-06 22:48