We as a society run on wants instead of needs. We tend to focus on what we want right now instead of what we need to survive. All the luxuries that are provided to us has made us spoiled as an economy not realizing the long lasting effects of what we are doing to our future if we continue the way we are going. With many marketing strategies that are offered we have so many choices that are available to us as consumers. Getting distracted by all the different forms of companies that offer the same services, we focus on which one has the better price or offer and is more convenient to us as the consumer. Which in all reality it’s how we choose everything we purchase, consume and portray. Our economy is run on a system of how can we out beat this …show more content…
Nest to Netflix who started offering the same prices, with Hulu you could get as they call it “right now access”. This alone took some consumer base from their company. By allowing feedback from their consumers it allowed them to visualize their future. While Netflix has stayed the same, Hulu raised their prices to eleven ninety-nine, by offering a commercial free viewing which a lot of their regular customers switched over too. Now they are offering not only current and up to date TV show viewings, they are also keeping the shows that have already aired to provide those whom would wish to re-watch those they have already seen. This makes Hulu a very consumer friendly company, especially by also having quick customer service assistance making their experience that much easier for their consumers. I am a Hulu customer, and after being a consumer with apple TV as well as Netflix I still decide to stay with Hulu due to the fact that I know if anything is wrong with my account I am able to get the assistance needed. They may not offer some of the movies that I would like to see, but again when deciding to stay with a business it all depends on the customers experience as well as their personal opinion. I could have someone disagree and state that amazing prime could be better but again that would be their own
What many people suffer with deciding which one to choose is obvious – is it truly what it’s worth? Hulu and Netflix are commonly used as a much cheaper alternative to cable. Both services offer a low price of eight dollars a month, but Netflix does not have ads, so you won’t be interrupted during ever climax of your television show or movie. Netflix also has other package deals, for instance, instead of the unlimited streaming movies/episodes, you can have unlimited one-disc rentals at a time or twelve dollars for two discs at a time. If you want both unlimited disc’s and streaming its sixteen dollars, which is not much more money if you want newer movies or seasons.
Consumers become more interested in what brand they buy, and that what they want does not reflect their needs. While there are different products having the same features, people are still giving attention to the brands’ name. When people go shopping at the mall, they do care how the stores present their commodities, which brands use to target their consumers, especially women, and teenagers because they spend more time at the mall, so they are more likely to spend money on useless features’ commodities. Shopping at home, the salesperson explains the features of the product so that another will offer to buy it. Also, at home is the easiest way to buy useless
The documentary film “The Persuaders” is a great film that captures the evolution of advertising. The film is broken up into six distinctive segments. Each segment can be viewed as a specific moment in time where advertisement evolved in order to survive in the fast paced society we live in. The film starts off with a crucial concept of standing out. The narrator mentions in the first few minutes of the film that companies are struggling to come up with new ideas for advertising. This may seem not so much of a big deal but, the narrator goes on to explain that as the years progressed, the number of advertisements increased exponentially. It had gotten to the point where people began to pay less and less attention to advertisements. One of the people interviewed for this film was Naomi Klien, author of “No Logo”. Naomi stated that consumers are like roaches, you spray them and spray them and after a while it doesn’t work anymore we develop immunities. Seeing the threat that this poses on them, many companies have tried numerous ways to break through what the companies call the clutter crisis. Their need to grab the attention of the advertise...
All and all, we are all in a consumer cult, whether we want to or not. If you go to the store, all you see is brands and you need to buy one no matter what. But what you can do is stop buying things you don’t need that you think will make you happy. The companies are manipulative in many ways because they show you this “dream” of a life by buying their stuff, once you are hooked on it they recruit you, bring you in to the cult, make you do stuff you don’t want to, and then if you become a slacker they alienate you away from the other “cut” members so you can’t influence them to become a slacker too.
One of the most hazardous aspects of our society is that we are a consumer society. People are driven to spend money; the advertising industry has become a very successful and profitable industry by effectively convincing people to spend money. Many people have more money and possessions than they will ever need, while many more people will never have enough. People are driven to make as much money as possible so they can belong to a higher social class.
In the Hulu plus ad its main message is in bold so it’s the first thing you see. “Try it for free.” Using this technique the Hulu Company shows that they stand behind their product and trust that you will enjoy it so much that they give you a free trial. Hulu supervisors and employees make their company a positive place to be around, with positive energy always flowing. “Every one sits together.” They all work in an area together where they can communicate easily with each other. Once you work for Hulu they turn it into a community where everybody works as a well-organized team, not just several individuals sitting alone in a cubical. If Hulu puts this much time and effort just into their work environment to make sure their employees are happy that shows that we can trust them as a respectable company and service providers because they really care about their work environment and the people in it.
Netflix and Hulu both have a large library of movies and Tv shows. The biggest differences from the two services is that Hulu offers newer tv shows that follow live tv from the major networks like The CW, CBS, FOX and many others. Netflix and Hulu share a lot of the same tv shows but Hulu gets new episodes
A major strength that Netflix has is their ability to push for such innovation. They have reached new lengths since their start in 1997. From in-mail DVDs, to streaming media on smartphones and tablets, it’s unbelievable to witness this in the making. I think the world is a little shocked on the technological advances of Netflix. What they have done so far is spectacular and it is all because of innovation. New ideas and new strategies developed over the last fifteen years has lead Netflix to where they currently stand today. They currently have a subscriber base of over 700, 000, offering thousands of titles on many different devices. This was made possible because of their ability to innovate and strive for new technological advances. I consider Netflix a very brilliant company. Their strengths are very clear, but this isn’t to say that they have no weaknesses. Netflix has far more competitors now, than they had 15 years ago. I would say that their biggest weakness is not offering enough newer content. Some of their competitors such as Hulu, offer a ridiculous amount of new content. Netflix seems to have a large amount of titles, but majority of these titles are older titles. They need to offer newer titles more often than less. With the company advancing and technology on the rise, the younger population aren’t into the older titles. The younger population now take up a good chunk of the customer base. Netflix must
Netflix is one of the most successful companies in the 21st Century, they have changed the entertainment business is such a profound way that it can never be the same again. It has many utopian effect and interpersonal Netflix brings so much value to the user that it has been set apart in a new category. It delivers to the user any movie or TV show they could ever want at the click of a button, they give more option for entertainment then every before offered at a price that cannot be beaten. Netflix’s extremely inexpensive costs along with their plethora of option blows away all competition and without a doubt makes it the best interpersonal option for all consumers. Netflix is an
In my own experience in the business world, a customer would feel satisfied and grateful of the product and service, especially when the employee dedicates his or her time and ability to manage the customer. When it comes to customer service or fast delivery, Amazon hails to provide products and services by any means of keeping a loyal customer. An example of this service is the Amazon Prime, which was created to offer loyal customers the best discounts on sold items, fast shipping, and membership to features like unlimited music streaming. These types of services to loyal customers shows the innovation that employees took time to plan about. The strict and harsh regulation of the company reminds the employees and managers to work to their full potential so that they can serve customers
The idea inspired Reed Hastings and Marc Randolph, and then they founded Netflix in Scotts Valley, California in 1997 (Netflix, 2014). The company comes into play by developing a subscription-based streaming platform for movies and television shows. Unlike the traditional movie rental businesses such as Blockbuster and Redbox, Netflix’s innovation offers service via Internet, and it does not have any physical stores but instead delivers DVDs through postal mail in the U.S. Since then, Netflix has become the world’s leading internet television network with constant growth of customers to over 48 millions members in more than 40 countries in the North America, Europe, and the Latin America (Netflix, 2014). In this analysis, the main focus is examining the current market environment for Netflix. It identifies the type of market structure that Netflix is currently competing. The analysis also expands on the competitions, product differentiation, pricing strategy, and measuring the level of easy entry-and-exit.
Although Hastings vowed to be divergent from other video retailers, his goal was to use an identical pricing strategy; however, one that would “appeal to customers [. . .] who used online shopping as an alternative to traveling to retail outlets” due to ease of access and more preferences (Shih, Kaufman, & Spinola, 2009, p. 3). Furthermore, Netflix launched its business at a time DVDs had barely hit the marketplace as the firm anticipated the new technology to be a promising venture. Nonetheless, within a year DVD players became so vast...
In conclusion to this, I think that marketers do not have the ability to control the consumers need through the process of efficient marketing methods. However, the marketers can successfully market products by taking the process of demographics and psychographics into consideration, while this will profitably market their products to the intended consumers hence increase in the demand or need.
...a remarkable opportunity to grow in the industry and lead as an innovative provider, Netflix has much opportunity to satisfy its customers and maintain their attention with their revolutionary business growth (Martala, 2009). Their success goes beyond their product. As stated, it is a combination of their culture of high performance drivers and fosters the “freedom and responsibility” mindset (Elliott, 2010). Because of their innovation and gradual entry into the market, Netflix has the competitive advantage to add layers of products for growth for years to come. Currently, Netflix has the competitive advantage to increase price and retain their current customer base. Even more beneficial, is the opportunity to attract additional subscribers with their new features. To end this, combining their products, price, culture, and strategic plan makes Netflix innovative.
There is strong competition with other companies that offer video streaming at no extra charge. Additionally, Netflix and its competitors are attempting to enter the digital world. Digitally offering television shows is an area of competition that has previously been controlled by