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3 page business proposal that analyzes the business topic

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ASSESSMENT 1 1
MBA-FPX5910
Assessment 1
By
Gina Williams
ASSESSMENT 1 2
Introduction
Peloton was founded in 2012 and quickly became known across the world for their
famous stationary fitness bikes in combination with technology. The goal was for their users to
enjoy a boutique fitness experience in the comfort of their own homes. After their initial success,
they later added other technology-based fitness equipment. The cu
ent market cap for the
company is $1.5B and their market shares are at $4.24. The company is cu
ently looking for
ways to increase their sales and increase their revenue. One idea to gain this increase of revenue
would be to partner with another company and provide another product.
In this summary we will look at the potential of partnering with Tiktok. The idea of a
partnership between Peloton and TikTok offers an intriguing chance to use the advantages of
oth platforms in the ever-evolving world of social media and fitness technology as a means to
expand revenue sources. Peloton, known for its cutting-edge approach to at-home workouts,
might collaborate with TikTok's extensive social media following to produce a distinctive and
captivating user experience. The goal of this project is to examine the possibilities of this
collaboration to grow revenue for Peloton by investigating how the combination of TikTok's
social media platform and Peloton's fitness technology could revolutionize user engagement,
provide new income streams for both businesses, and redefine user engagement. The information
will be provided by published sources. Peloton is a publicly traded organization so financial data
can be readily located from sites such as Yahoo Finance, Nasdaq, CNBC and many others. Using
available industry analysis of other exercise equipment companies in comparison with Peloton
will also give insight as to how pairing with a social media platform can make them stand out
and grow their revenue.
ASSESSMENT 1 3
Finding financial information on Tiktok may pose a challenge as they are not a publicly
traded organization, however information such as how many subscribers they have and how they
make their money can be readily located online.
Statement of Scope
The scope of this project is to look at the proposed partnership of Peloton and Tiktok as a
means of increasing revenue for Peloton by using industry analysis and cu
ent financial data to
determine Peloton’s cu
ent state, and then investigate how adding in Tiktok’s vast platform of
users can increase interest and revenue for Peloton. This is a large-scale partnership that includes
TikTok's social media platform integrating Peloton's workout technologies (Clavio, Metz &
Walsh, XXXXXXXXXXUsers would be able to effortlessly share their fitness trips, accomplishments, and
training regimens on TikTok, which would improve the social component of their fitness
experiences. In order to increase
and awareness and promote user acquisition, the partnership
also looks at marketing and advertising possibilities. Sponsored challenges, in-app purchases,
and cross-platform campaigns will all be investigated. The goal of these two platforms' strategic
alignment is to provide a comprehensive ecosystem where fitness enthusiasts may share, inspire,
and foster a feeling of community in addition to participating in their training regimens. The
alliance aims to develop a mutually beneficial connection that transcends the boundaries of
traditional collaborations, rather than just integrating technology.
Demonstration of Outcomes
 Enhanced User Engagement: Peloton's connection with TikTok adds a new level of
interaction to users (Mintz, XXXXXXXXXXPeloton users can easily share their workouts with
others on TikTok, creating a vi
ant and engaged community. In the end, this fitness
ASSESSMENT 1 4
content exchange improves the user experience by encouraging a positive feedback loop
and acting as a motivating resource for others.
 Opportunities for Content Creation: Numerous potential for content development arise
from the partnership. On TikTok, Peloton instructors and consumers may produce and
distribute interesting content about exercise. On TikTok, a thriving fitness ecosystem
may be created through the dissemination of challenges, lessons, and inspirational shorts.
This positions both platforms as centers for wellness and lifestyle in addition to drawing
in new consumers interested in fitness content.
 Cross-Promotional Marketing: Peloton may increase its exposure and reach by utilizing
TikTok's advertising platform (Andjelic, XXXXXXXXXXPeloton's goods and services may
generate interest and exposure through cross-platform marketing campaigns, in-app
promotions, and sponsored challenges. In addition to helping Peloton, this cross-
promotional approach improves TikTok's standing as a platform that offers a wide range
of trends and interests.
 Data Insights and Analytics: Peloton and TikTok may access a wealth of data insights
and analytics thanks to this partnership. Analyzing user behavior, preferences, and trends
may help to improve product offerings, market strategies, and the user experience in
general. Combining data from two different platforms can result in a thorough picture of
how a group of tech-savvy and health-conscious users' tastes are changing over time.
MBA program outcomes
The partnership between Peloton and TikTok, the topic of choice, offers a fantastic
chance to highlight leadership qualities by showcasing a number of MBA program results:
ASSESSMENT 1 5
 Use fundamental knowledge and comprehension of business systems, procedures, and
technology both inside and between key disciplines: Understanding the fundamentals of
social media (TikTok) and fitness technology (Peloton) and successfully combining them
into a cooperative endeavour are examples of leadership. In order to establish a
cooperative relationship, this calls for a thorough comprehension of both industries and
the capacity to apply fundamental knowledge.
 Integrate information from varied disciplines and perspectives: Effective leadership
entails integrating information from several disciplines, such as the social media and
fitness technology industries in this instance. In order to ensure a smooth integration that
is advantageous to both parties, successful collaboration requires the capacity to reconcile
divergent viewpoints.
 To create evidence-based solutions for business opportunities and issues, apply critical
and analytical thinking: Leaders assess opportunities and challenges seriously and base
their judgements on factual information. In this project, leadership is demonstrated by
critically examining the possibilities and problems in the fast-paced social media and
fitness industries and coming up with solutions that are supported by data.
 Apply creative, strategic, and sustainable methods to corporate planning and operations:
Creative thinking and the capacity to create strategic, long-term solutions are traits of
leadership. The project exemplifies leadership by putting up a plan for cooperation that
not only establishes the relationship but also makes sure it lasts over time by adding
unique features to make a splash in the marketplace.
 Lead and cooperate in virtual, global, and culturally varied situations: Effective
cooperation in different su
oundings is a crucial aspect of leadership in a global context.
ASSESSMENT 1 6
In order to manage teams and work in a virtual, international, and culturally diverse
context, the Peloton-TikTok partnership requires leadership abilities. This demonstrates
the capacity to successfully manage complexity and manage teams.
 Integrate integrity and ethical ideals into business decisions: A dedication to moral
usiness conduct defines leadership. In this project, leadership is exhibited via
maintaining ethical standards in all decision-making processes and making sure that
collaboration is in line with integrity ideals. This demonstrates a dedication to ethical
usiness practices.
Through the Peloton-TikTok partnership, each of these MBA program goals is addressed,
and as a result, the project successfully demonstrates leadership skills in a complex corporate
setting. Knowledge, critical thinking, creativity, international cooperation, and ethical concerns
all work together to emphasise the leadership abilities required to navigate challenging
possibilities and complicated obstacles in today's corporate environment.
Conclusion
The planned partnership between Peloton and TikTok turns out to be more than just a
technical integration; it turns out to be a strategic alliance with the potential to completely
change the social media and fitness scene. The results go much beyond simple user interaction;
they include a comprehensive strategy for creating content, cultivating communities, and
generating income for both parties. As the digital age progresses, firms must engage in creative
partnerships in order to remain competitive and relevant. The suggested collaboration acts as a
guide for companies seeking to
oaden their horizons through collaboration with organizations
ASSESSMENT 1 7
from other sectors. With Peloton and TikTok, social media and fitness combine to form a
symbiotic connection in which users actively participate in the growing ecosystem rather than
only being customers.
The capacity of this partnership to smoothly incorporate exercise into consumers' social
life is what gives it promise. It recognizes how consumer behavior is changing in favor of
holistic well-being and the growing need for linked experiences. By em
acing this change,
Peloton and TikTok present themselves as enablers of a lifestyle that is focused on community,
wellness, and self-expression rather than merely service providers. In summary, Peloton and
TikTok's joint venture exemplifies the spirit of creativity and adaptability needed in the fast-
paced corporate world of today. The results shown here demonstrate the effectiveness of
strategic partnerships in influencing industry trends and serve as markers of successful
integration. Setting an example for companies ready to venture into unknown te
itory, Peloton
and TikTok's journey demonstrates how the combination of technology and social interaction
can produce a harmonious synergy that transcends individual platforms and alters sectors.
ASSESSMENT 1 8
References
Andjelic, A XXXXXXXXXXThe Business of Aspiration: How Social, Cultural, and Environmental
Capital Changes Brands. Routledge.
Clavio, G., Metz, K., & Walsh, P XXXXXXXXXXVisual Social Media Usage and Human Branding
Approaches by Peloton Instructors. In Social Media in Sport (pp XXXXXXXXXXRoutledge.
Mintz, O XXXXXXXXXXSecond Quadrant: New Customer Markets. In The Post-Pandemic Business
Playbook: Customer-Centric Solutions to Help Your Firm Grow (pp XXXXXXXXXXSingapore:
Springer Nature Singapore.
    Introduction
    Statement of Scope
    Demonstration of Outcomes
    MBA program outcomes
    Conclusion
    References
Answered 3 days After Feb 13, 2024

Solution

Dipali answered on Feb 16 2024
24 Votes
WRITTEN ASSIGNMENT        7
WRITTEN ASSIGNMENT
Table of contents
Introduction    3
Summary    3
Discussion of the Proposal:    3
Strategy and Scope:    4
Action Plan    5
Conclusion    6
References    7
Introduction
    Since its founding in 2012, Peloton has been recognized as a forerunner in the dynamic fields of social media and fitness technology, particularly for its inventive line of stationary exercise cycles. With a $1.5 billion market capitalization and a $4.24 market share, Peloton looks for ways to increase income and sales. This proposal looks at the possibility of a ground-
eaking collaboration with TikTok, imagining a mutually beneficial alliance that transforms user engagement and creates new sources of income.
Summary
    The proposed cooperation between Peloton and TikTok aims to establish a strategic alliance that will promote revenue growth and redefine user engagement (Berkowitz, Dzara & Simpkin, 2021). With a $1.5 billion market valuation, Peloton, a leader in workout technology globally, wants to take advantage of TikTok's enormous social media following. The combination of TikTok's large user base and Peloton's state-of-the-art exercise technology promises additional revenue streams and a unique user experience. We investigate the revolutionary effects of this partnership through financial evaluations and market studies, setting up both businesses for long-term success in the rapidly changing fitness technology and social media landscapes.
Discussion of the Proposal:
· 3.1 Collaborative Potential: The possible partnership between Peloton and TikTok has the ability to drastically alter the at-home workout experience. The goal of our integration of TikTok's extensive social media platform with Peloton's cutting-edge fitness technology is to create a distinctive user experience that enthralls and engages a wider audience. The combination of TikTok's large user base and Peloton's cutting-edge technology offers the possibility of an engaging and socially linked training experience.
· 3.2 Market Analysis: In the dynamic fitness...
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