As DVD's declines and streaming continues to grow, Netflix future will be uncertain because technology is evolving to a new dimension. Netflix will have to differentiate themselves from their competitors so that the customers will recognize their authenticity, efficiency, and effective quality. Not only that, because Netflix can survive if they are able to adapt to the always changing marketing practices, not just the change with technology. Being able to adapt with the economy is a huge part of…
In today’s society, people demand the best on the market when it comes to entertainment, and one of America’s favorite forms of entertainment is watching television. Two very popular services offered are Direct TV and Netflix, and both have proved to satisfy their customers in some way or another, but at different costs. In fact, when it comes to television entertainment, families spend their money unwisely without pondering the pros and the cons of each service. With no doubt, Netflix is the…
Overview: A Strategic Analysis for Blockbuster: Their Strengths: Able to lead market share of online DVD rentals. The company’s low fixed costs/prices. It is one of the nation’s largest choice/selection of DVDs. They have the fastest on-time delivery of any online DVD rental company with just over 35 CDs. Exceptional Service: over 90 percent of their DVDs are received by customers inside of a day of ordering. Strong website/Home page, as far as, shop ability, navigation, and review are…
In 2003 a film was released which one critic called “The Citezen Kane of bad movies”. This is no hyperbole. It was riddled with non-sequetors, plot holes the size of the Pacific Ocean and acting that made the local middle school drama club blush. It was dubbed “The Room” and was the brainchild of a one Tommy Wiseau, a man of unknown origins who financed the entire endeavor himself. Wiseau “wrote”, directed and starred in the drama about deceipt, relationships and spoons. When it was release,…
If one types “Ayahuasca ____ Insert South American country” into google search bar the first link that will come up is a website for an Ayahuasca retreat. Though, Ayahuasca can be found on the streets, it is mostly sought after through the internet. The most commonly used resource for Ayahuasca seekers is ayaadvice.org, which is a tripadvisor like website included with a review system and location tracker for retreats. Unlike most drugs, Ayahuasca is taken in a very ritualistic setting. When…
Due to lack of corporate foresight, several companies have failed to proceed further in their endeavors to serve the world with their product or services. This reminds me of a very flagrant example that I will talk about and how it could have been otherwise. The company that I will like to tals about today is the movie rental giant Blockbuster. Back in the days, Blockbuster was the primary DVD and Video Cassette rental in USA. Due to lack of corporate foresight, in 2010, it filed for bankruptcy…
Hashem Alameedi Netflix essay Netflix is one of the most successful streaming corporations that has entered the streaming industry. The founder of Netflix, Reed Hasting was the original founder of the corporation. Hasting originally launched the company as a DVD rental service that would charge its customers monthly. Fast forward to today Netflix has become one of the most known corporations in the world changing the game by not only eliminating dvd rentals, but making it accessible on the go…
Why our local Mr. Movies Closed From Blockbuster chain stores to idiosyncratic local ones, hundreds of video stores have been closing nationwide. This began over seven years ago; about the time I was wondering how this could happen. During the past four years, it has become clear to me why they are closing; The digital age of internet and video production. Netflix, symbolized by its little red envelopes and more recently its streaming service, had prevailed over the little blue boxes that…
Netflix was founded in 1997 by Marc Rudolph and Reed Hasting, two engineers. They used the internet to rent DVDs. Hasting came up with the idea after he was charged a $40 late fee with Blockbuster. The two then came up adopted the idea that customers could rent unlimited DVDs for a single monthly fee. Later in 2007 the company moved to streaming, the subscription increase by bounds. Then in 2009 the company topped at 20 million subscribers. In 2013 they announced that they made a move to have…
They were sold at just 2 cents each, with $2 shipping, selling 10,000 copies. The offer was widely covered in the media, though a mistake was made at the manufacturing plant, which ended up shipping pornographic DVDs in place of a few copies of the disc. Fortunately in Netflix’s case, only very few of those copies were sent out, as opposed to half the amount, which could have severely hurt Netflix’s reputation. In December of that year, Netflix announced it would stop selling DVDs, directing…