In: Operations Management
Netflix has established itself as a pioneer when it comes to
digital entertainment streaming and therein lies its competitive
advantage. Although their business model is simple, pricing is
comparatively higher than the competition, the fact that Netflix
started early in the development stage of the digital content
market has allowed it the ability to establish its brand image
better with the target customers. The content is curated to the
highly active population that has the most spending potential but
the fact that Netflix produces some of its own content as originals
is the reason why it has set itself apart. The team “original
content” could be considered to be coined by Netflix itself
whereby, the exclusivity of its content, quality of its service and
application as well as a wide range of content sitcom has developed
Netflix into its market leader, where companies like Amazon, while
financially no more capable, cannot achieve the same level of
customer support.
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