Analyze the differences, failures and successes of Netflix and Hulu as they entered the market and matured. Intended Outcomes: Understand the factors determining timing for market penetration. Determine traits of a dominant design. Recognize factors of being a pioneer in industries. Assess how to demonstrate increasing returns of adoption.
How did Netflix and Hulu innovate as they matured?
What factors do you think influence whether consumers and content providers support Netflix or Hulu?
What are the factors that will determine whether Netflix and Hulu will survive in the market?
Does having two providers benefit or hurt consumers? Does it benefit or hurt content providers?
Netflix and Hulu innovation as they matured.
Netflix and Hulu matured through series of investment pouring into them and their business outreach and growth. Both made several deal with the content provider and stayed updates technologically and content wise.
Factors influencing consumers and content providers to support Netflix or Hulu.
Their factor of online content for viewers and providing a lot of information, movies, tv series online made them having support of content provider and consumers. Their services such as video on demand and consumer feedback mechanism also provided them base among customers.
Factors that will determine whether Netflix and Hulu will survive in the market.
The factors that will determine whether they will survive or not are depending on the competitors and thus they always have to be in innovative, technologically advance in approach to consumers.
Their strategy, product, pricing, technology, competition etc are the factors that are crucial to their survival.
The answer to whether having two or more provider hurt consumer is certainly not as they get to choose the best service and the market remain competitive and customer get the best deal for their subscription.
It does not hurt the content provider either as they can deal with separates such company separately or based on their relation and contractual obligation wise. The content provider also gets to make more revenue as in they get it from this company.
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