ABOUT THE ROLE
Peloton is looking for a Director of Membership Retention who will play a key role in reducing churn and improving member engagement. Reporting to the Senior Director, Membership Strategy & Engagement, this leadership role will focus on driving and optimizing member retention strategies, improving member satisfaction, and ensuring alignment with broader business goals. You will lead a team that focuses on implementing effective initiatives to engage members at every touchpoint, using data-driven insights to cultivate long-term loyalty and reduce churn. If you are passionate about lifecycle marketing, member engagement, and retention, and have experience implementing large-scale strategies, we encourage you to apply.
YOUR DAILY IMPACT AT PELOTON
- Create and lead data-driven, member-centric strategies to reduce hard churn, soft churn, and membership pauses. Ensure these strategies align with overarching business goals and deliver measurable results in membership retention.
- Identify and capitalize on new business opportunities, partnerships, and revenue streams that can improve member engagement, enhance member value, and reduce long-term churn.
- Partner closely with key team members in Product, PMM (Product Marketing), Analytics, FP&A, Creative, Content, and Acquisition to develop and implement integrated retention strategies. Ensure retention efforts are aligned with product features, member insights, and overall business objectives.
- Responsible for efforts to deepen understanding of member behaviors, preferences, and pain points. Use this knowledge to advise pre-churn tactics and proactively delight existing members, creating strategies to exceed member expectations and increase satisfaction.
- Lead efforts specific to member churn reduction, primarily, but not limited to:
○ Re-engagement of inactive members
○ Machine learning-based churn risk profiling
○ Optimization of cancellation and pause reactivation processes
○ Addressing payment failure and soft churn - Own and optimize critical communication channels to engage members, including Email, SMS, Push Notifications, and HW notifications. Work closely with Creative and Content teams to ensure messaging is personalized, timely, and relevant.
- Promote a culture of experimentation within the team, always testing and optimizing retention strategies. Use data-driven insights to refine messaging, targeting, and engagement tactics across channels.
- Monitor, analyze, and report on campaign performance regularly. Utilize performance data to identify trends, opportunities, and areas of improvement.
- Develop actionable insights to continually refine and improve future campaign strategies.
- Lead and mentor a high-performing team of direct reports, providing guidance, feedback, and career development opportunities. Establish clear objectives for the team, ensure they are accountable to performance goals, and support professional growth.
- Develop, prioritize, and lead long-term retention strategies, aligning with broader company initiatives. Develop clear, actionable roadmaps that result in measurable progress in member retention.
YOU BRING TO PELOTON
- 10+ years of experience in retention marketing, lifecycle/CRM roles, or similar, with a track record of leading comprehensive campaigns across digital channels such as email, SMS, and push notifications.
- 6+ years of experience leading and mentoring teams, including managing and guiding direct reports to meet strategic objectives and improve performance.
- Familiarity with the subscription business model and deep understanding of the customer lifecycle. Extensive experience within the retention space.
- Production and implementation of direct marketing programs across digital channels - email, SMS, in-app, push notifications. Experience with a physical hardware product a plus.
- Proficient understanding of marketing automation platforms like Braze, Salesforce, Litmus, or similar tools. Proficiency in HTML and a deep understanding of best practices in email and digital design.
- Solid understanding of data analytics tools (Google Analytics, Tableau, Excel, etc.) and ability to analyze campaign performance, derive insights from data, and adapt strategies to optimize results.
- Exceptional attention to detail and a meticulous approach to measuring and improving marketing performance.
- Exceptional verbal and written communication skills with the ability to clearly present findings and recommendations to senior leadership and other key team members.
- Effective interpersonal skills with a collaborative, team-oriented approach to working across functions.
- Experience leading and inspiring a cross-functional team in a fast-paced, dynamic environment. Demonstrated experience managing and developing a team, including mentoring junior and mid-level team members and planning for their professional growth.
- Ability to navigate and influence partners at all levels of the organization, driving alignment around shared goals.
#LI-SV1
#LI-Hybrid
The base salary range represents the low and high end of the anticipated salary range for this position based at our New York City headquarters. The actual base salary offered for this position will depend on numerous factors including individual performance, business objectives, and if the location for the job changes. Our base salary is just one component of Peloton’s competitive total rewards strategy that also includes annual equity awards and an Employee Stock Purchase Plan as well as other region-specific health and welfare benefits.
As an organization, one of our top priorities is to maintain the health and wellbeing for our employees and their family. To achieve this goal, we offer robust and comprehensive benefits including:
- 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!
Base Salary Range
$215,785—$302,099 USD
ABOUT PELOTON:
Peloton (NASDAQ: PTON) provides Members with expert instruction, and world class content to create impactful and entertaining workout experiences for anyone, anywhere and at any stage in their fitness journey. At home, outdoors, traveling, or at the gym, Peloton brings together innovative hardware, distinctive software, and exclusive content. Founded in 2012 and headquartered in New York City, Peloton has millions of Members across the US, UK, Canada, Germany, Australia, and Austria. For more information, visit www.onepeloton.com.
Peloton is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. Equal employment opportunity has been, and will continue to be, a fundamental principle at Peloton, where all team members, applicants, and other covered persons are considered on the basis of their personal capabilities and qualifications without discrimination because of race, color, religion, sex, age, national origin, disability, pregnancy, genetic information, military or veteran status, sexual orientation, gender identity or expression, marital and civil partnership/union status, alienage or citizenship status, creed, genetic predisposition or carrier status, unemployment status, familial status, domestic violence, sexual violence or stalking victim status, caregiver status, or any other protected characteristic as established by applicable law. This policy of equal employment opportunity applies to all practices and procedures relating to recruitment and hiring, compensation, benefits, termination, and all other terms and conditions of employment. If you would like to request any accommodations from application through to interview, please email: [email protected].
Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act, the City of Los Angeles Fair Chance Initiative for Hiring Ordinance and the San Francisco Fair Chance Ordinance, as applicable to applicants applying for positions in these jurisdictions.
Please be aware that fictitious job openings, consulting engagements, solicitations, or employment offers may be circulated on the Internet in an attempt to obtain privileged information, or to induce you to pay a fee for services related to recruitment or training. Peloton does NOT charge any application, processing, or training fee at any stage of the recruitment or hiring process. All genuine job openings will be posted here on our careers page and all communications from the Peloton recruiting team and/or hiring managers will be from an @onepeloton.com email address.
If you have any doubts about the authenticity of an email, letter or telephone communication purportedly from, for, or on behalf of Peloton, please email [email protected] before taking any further action in relation to the correspondence.
Peloton does not accept unsolicited agency resumes. Agencies should not forward resumes to our jobs alias, Peloton employees or any other organization location. Peloton is not responsible for any agency fees related to unsolicited resumes.
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