|
|
When we talk about surfing one name that comes to our mind in modern world is Netflix. Netflix surfing is ruling market by providing internet streaming media services all over Canada, Latin America and United States of America. Netflix is basically an American provider of steaming videos on demand. It’s based in California and is established in 1997.
Company is making progress in capturing market share by leaps and bounds and one can estimate about the progress and market share of company that in the only 10 years there are about 23.6 million subscribers of Netflix. For only 8$ per month one can enjoy instant and unlimited movies and all the episodes of television over internet using their personal computers.
According to the market share report of 2nd quarter of 2011 officials said that, “We are happy to report that 2nd quarter of 2011 was another great quarter for Netflix. Streaming is continuing to grow rapidly, and with the recently introduced price changes, we’ll be able to further increase the scope and quality of our streaming content. At the end of the quarter, Netflix had over 25 million global subscribers, up 70% from 15 million just one year ago”. Indeed it’s impressive progress of any media provider all around the world.
The most significant feature that boosted up the share of Netflix is the splits of DVD and streaming business. An authentic report tells us that Shares in Netflix raised up to 5% on last Monday after the company spun off its DVD-by-post business following a customer backlash over price hikes.
Market shares increases because of many significant features of world’s leading media service provider, Netflix. Some salient features of that progressing company are online streaming, Free DVD shipping and postage, no late fees, other viewing options. Through a list of these sophisticated services and automated supply chain along with an effective customer services rating system the company has competitive edge over long-time competitors in the market.
|
|
You must log in to post a comment.