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Published byLester Walters Modified over 9 years ago
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MSC MARKETING
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Company History 1997: Launch 2007: Streaming debuts 2014: 53.1 million members http://www.betaoutcdn.com/354/2014/06/kfsjg_netflixresiz e_566541_iibvm.jpg http://thebestofnetflix.com/a-great-map-of-countries-where-netflix-is-available/
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Freedom. Flexibility. Originality. ● Original series. ● Unlimited viewing. ● Free trial. ● Affordable. Netflix Packages: ●Streaming, $7.99 + ●DVD, $4.99 + ●DVD & Streaming $7.99 - $43.99 Have you used Netflix in the past month? Mintel, 2014
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Fierce Competition
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Distribution 32 million 6 million
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Target Market. Generation X ●30s-40s ●Urban and suburban ●Professionals ●Individualistic ●Film buffs 60.3% use smartphones 78.7% download or stream once a month 82% use social media
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The Problem
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The Solution ● $2 a month ●Unlimited access ●Films on DVD, now streaming on channels ●Movie channels ○Genre ○Director ○Actor ●Bonus features ●Customized recommendations
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Where do we meet the market? Digital Direct Marketing Earned media
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Marketing Obj: Generate subscriptions to My Netflix among 70% DVD delivery subscribers by the end of 2015. (70% of market x $2 per subscription per month) x 1 year = $113.7 million
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Marketing: Encourage Trial
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Media Obj: Reach 75% of DVD subscribers through online and direct marketing campaigns to attain a frequency of 4 by the end of 2015. ●Target market already has subscriptions ●Reiterate features
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Media: Direct Marketing DVD inserts Email alerts
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Media: Online
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Communication Obj: Establish 85% awareness of MyNetflix movie channels among DVD delivery subscribers by the end of 2015. ●Emphasize consumer-focused customization
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Communication: Contest Contest: Pick Your Flix ●Microsite ●Jan-May 2015 ●Sync to social ●Brand engagement = brand awareness ●Entered to win 1 year free subscription
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Budget $437.9 million* $32.1 million - 13.6% *2013
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Timeline
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My movies, my shows, my way. Customization, quality, and content at your fingertips. Put the “flicks” back in “Netflix.”
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Channels Website
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DVD Inserts
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Online Ads RunPee IMDB
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Channels Contest
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Sync to Social
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Email Alerts
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Measurement and Evaluation ●Feedback surveys ●Google and Facebook analytics ●Sales tracking ●Social media monitoring
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It’s your Netflix. Put the flicks back in Netflix.
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