Another analyzing tool that helps analyze Netflix further to hone in on external factors that stand to disrupt Netflix. Porter’s 5 Force Analysis will show competition in the industry, potential of new entrants into the industry, power of suppliers, power of customers, threat of substitute products. It’s helpful that there are many ways to analyze companies so anyone wanting to invest or even be a subscriber for a company knows the company from many different angles.
Netflix’s largest competition in the industry are Hulu Plus, and Amazon Prime. Currently the market share of American households is as follows, Netflix has 36%, Amazon Prime 13%, Hulu Plus 6.5%. Although there are competitors in their sector Netflix has larger numbers due to their
Netflix’s largest competition in the industry are Hulu Plus, and Amazon Prime. Currently the market share of American households is as follows, Netflix has 36%, Amazon Prime 13%, Hulu Plus 6.5%. Although there are competitors in their sector Netflix has larger numbers due to their