Thursday, April 18, 2019
Netflix case study Essay Example | Topics and Well Written Essays - 1000 words
Netflix case study - Essay ExampleNetflix is facing stiff disputation from other players such as You Tube, Video on Demand and iTunes that offer cheaper and reliable movie products (Thompson 138). A key achiever factor in the future movie industry is the ability to control and look out on the various movie distribution channels such as the Apple iPhone distribution channels, internet distribution channels and rental channels. The ease of access, pricing and size of content subroutine library are key success factors in the new movie rental industry since customers require convenience and wide-variety of entertainment content. Netflix should invest in proprietary software that will allow the customer easy-of-use and recommend movies depending on prior customer stream or search terms on the movie library (Thompson 142). The success of Netflix will require the companionship to manage its costs in order to reduce the rental business costs and continue instruction on technology to deliver the movies to the customers. According to 2012 survey, many consumers asserted that unlimited internet streaming offered collapse customer value than pay-per view option. Long-term partnerships with electronic manufacturers will improve the market reach and modify Netflix acquire new customers in its streaming option business (Thompson 144). Netflix is facing the threat of pirated streaming library and stiff competition from more innovative movie rental providers such as Apples iTunes, Blockbuster, Amazon Instant video and You Tube. (Thompson 142).
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