Question
Netflix, Inc. is an Internet subscription service that was founded in 1997. Netflix initial business model included DVD sales and rentals, which is now one
Netflix, Inc. is an Internet subscription service that was founded in 1997. Netflix initial
business model included DVD sales and rentals, which is now one of its sub brands on the
decline stage of the product life cycle and eventually slowly being phased out of the business
plan. Netflix provides its users with a subscription service to stream movies and television
episodes over the Internet. The company operates its business through domestic and
international streaming in over 190 countries, and Domestic DVD's and Blu-ray. Netflix
personality is formerly branded as a watch now service, they have expended into developing
and creating original content ranging from movies to television series also known as "Netflix
Originals". Along with its own production distribution Netflix also has content from various
studios and other content providers through fixed-fee licenses, revenue sharing agreements
and direct purchases.
Marketing environment is essential to marketers since it assists them to identify with the
needs of their customers, especially regarding how consumers make decisions when
purchasing products. Specify and explicate the macro factors, micro factors and internal
factors affecting marketing program of Netflix.
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