I have paid annually and intend to continue, as a current user do I keep the old rates too
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I think TR competes with both in person coaching and software based cycling platforms. Quite frankly, I struggle to make a terrific argument for why Iâm worth 10x more than TrainerRoad for a strict cyclist. For a runner or triathlete, yeah⌠but if you donât think coaches are competing with apps like Zwift and TR, well⌠I think theyâre eventually going to put all but the very best of us or elite level coaches out of business.
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I wish TR had fitness, fatigue and form.
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Well Zwift just got 10% more expensive for Australians due to them starting to collect the local sales tax (gst).
saw this from @gpl
I donât think thatâs a reasonable question. This isnât a strata, this isnât a government, this isnât a public company. If youâre giving them money out of goodwill, then say so⌠That said, the pricing increase does make it hard for me to even suggest to others to get onto this training program. Like, let me try to sell this to you, you have to get a bike, trainer and a pm to make this all work, for the potential to seeing gains, depending on your nutrition and overall stress. Yeah, hard sell, but I hope TRs calculations are all in order.
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All Jokesm, I get it, but a sauna, 2k, just one engineer, 60k-80k usd?
As a year-round user I sure appreciate it.
Nonetheless, the price increases for new or non-continuous users over the last 9 months have been very substantial. You can argue that $99/year was a total bargain of course, but I wonder how this will work out commercially. Are you trying to discourage existing users from temporarily dropping Trainerroad (say, for the summer) so that your revenue is less seasonal? Arenât you concerned about growth?
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Given all the negativity here, let me say that I appreciate how @Nate_Pearson handled the topic on the podcast. I think he took the communityâs criticism the right way, and it shows why we love TrainerRoad.
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Just locked in my annual subscription having now realised that I make use of the platform year round. Maybe less so in summer, but there is a time and place for an early morning session where the convenience of a structured session without getting kitted up is excellent. Iâm also impressed by how quickly theyâve coded and released the fix for the annual increase so that it is the right grandfathered price.
I totally understand the conflict for @Nate_Pearson and the company but development is often financed by being able to demonstrate good consistent income. Having people drop in and out is not sustainable with their ambitions.
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Depending on how you calculate insurance and other benefits into the fully loaded cost of an employee Iâd expect a reasonably experienced mid-level software engineer (5ish years experience) to cost somewhere between $150,000 and $200,000 a year
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As many others have pointed out TR should consider to implement different tiers of subscription plans and make people pay for new features such as analysis tools and others to come. My suggestion would be
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Silver 9.99$/month or 49.95$ for 6 months (for the shop around / try out customer)
to include 3 plans (2 base plans volume low and mid and 1 speciality plan) and let the customer add one more plan for an additional 1$/month -
Gold 129$/year no monthly subscription (for the loyal customer)
to include all the plans and to include the presently available futures TR offers -
Platinum 189$/year no monthly subscription (for the loyal customer and supporter)
to include all the plans and all the to be developed new futures
Iâm sure youâll find enough supporters who are willing to pay for and to fund future plans to expand and enhance the TR platform. For all of us weekend warriors who want to stay fit during winter, youâre outpricing some of us and make us look stupid against those with âgrandfathered inâ plans paying double of what those enthusiasts pay. I know @Nate_Pearson has already said that as long as heâs the CEO, this wonât change. Maybe reconsider and donât build your future plans for the platform on the back of potential new customers. Just a thought.
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Any link between the cost of a product/service and its market price is purely coincidental. The company staff can be living in a campground or going around in chauffered Rolls Royces, that changes nada to the value of the product/service.
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TR pays $100k. Their job postings say if you ask for more they will throw away your application, lol.
110k, plus up to $4.4k into your 401(k) account, plus healthcare ($10k a year?), plus whatever the employer has to spend extra.
By the way, sorry for going off topic, but I love the ad. Almost wish I was in software development and living in the U.S.
https://trainerroad.recruiterbox.com/jobs/fk0f772/
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Again, it depends on your methodology of calculating benefits, but a general formula you can use is anywhere between 50-75% of salary for benefits and other support costs.
Health insurance, computers, travel, everything adds up. So if Iâm paying someone $100,000 Iâd expect the total cost to the company to be in the $150,000-175,000 range
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No, there are two inside secrets about owning a business and being in the bike industry.
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Charge everything on a miles credit card. Server hosting costs, computers and software are the big ones. If you do this you can fly for free by using points.
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If youâre in the industry you can get âpro dealâ from other industry companies or straight up free equipment. With pro deals you can sell the bike 10 months later and basically end up even or make a bit.
So when you travel you just have to get an Airbnb and sometimes (but not always) pay for race entry. Sometimes users are nice to us too. In Leadville a user let me stay at his house the entire week.
So if you do it smart you can make your travel and bike dollars really stretch.
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If Nate is looking for an exit from his start up, heâs doing it in such a completely terrible way that I would question why anyone would want him making any strategic or financial decisions. 
If he were looking for an exit from the company, then he would not need to raise prices in order to hire more staff: heâd approach investors with a proposal to get them to fund the new hires, in exchange for the expectation of an âexit eventâ later where he, and the investors, would make a ton of money when they sold their interest in the now more valuable company.
The price is going up to fund more work is pretty much the clearest signal in the world that he wants to keep doing this. This is in direct contrast to Zwift that raised $120M in order to grow. Thatâs a huge amount of money, and everyone who participated in that investment was betting some variation of the idea that thereâs at least a 10% chance that they get 10+ times what they invested (so one successful investment pays for the others that werenât, plus some measure of profit).
Of course, does that mean theyâll never sell the company? Everyone has their price. But the actions being taken donât set the stage for an acquisition that makes Nate or Chad fabulously wealthy and progressively less involved in the company.
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Of course, you also get to pick which 90 hours/week you work.
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Still going strong I seeâŚ
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