netflix case study Flashcards

1
Q

who did netflix partner with

A

microsoft

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2
Q

who is the CEOs of netflix

A

ted sarandos and greg peters

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3
Q

how many households were sharing passwords

A

100 million

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4
Q

how much is basic with ads

A

$6.99

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5
Q

how many minutes of ads per hour

A

4

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6
Q

when did the basic with ads change come into effect

A

November 2022

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7
Q

how much is the extra fee nfor password sharing

A

$7.99

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8
Q

when did netflix launch the video games

A

2023

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9
Q

what happened to their number of sales/subsriber growth

A

1 million global subscriber’s lost between april and july of 2022

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10
Q

what happened to their net profit figures

A

declined by 12.2% in 2022 and 18.3% in the first quarter of 2023

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11
Q

what happened to their percentage of market share

A

dropped by 15 % between 2017 and the end of 2022

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12
Q

how did they diagnose

A

Netflix saw they were facing an increase in competition, saw it was necessary to increase subscribers
saw the passwords sharing is contributing to revenue loss
saw they needed mike verdure for games to make it long term

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13
Q

how do they have a good CC

A

provide a unique environment for their associates to perform their best work - unlimited holidays
hire diverse
high degree of power to make decisions

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14
Q

how did they do the unfreeze step

A

highlighted the challenge of widespread account sharing.
saw competitive pressure
communicated the change to prepare for team changes

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15
Q

how did they do the change step

A

netflix introduced each change

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16
Q

how did they do the refreeze step

A

continued to communicate to stakeholders about the change
Netflix continued to invest into the gaming business.
aimed to establish a new norm in its subscription offerings

17
Q

number of sales in 2023

A

33.7 billion

18
Q

number of sales in 2022

A

31.6 billion

19
Q

number of sales in 2021

A

29.7 billion

20
Q

number of sales in 2020

A

25 billion

21
Q

net profit figures in 2023

A

5.4 billion

22
Q

net profit figures in 2022

A

4.5 billion

23
Q

net profit figures in 2021

A

5.1 billion

24
Q

net profit figures in 2020

A

2.8 billion