Alright, let’s talk about this Netflix thing, you know, the one where you watch all them movies and shows. Folks are callin’ it “Netflix Five Forces” or somethin’. Sounds fancy, but it’s just about how Netflix does business, who’s tryin’ to get in their way, and how they keep on keepin’ on.
First off, Netflix got a whole heap of competition. It ain’t just them anymore. You got Amazon, Disney, HBO, and a bunch of other fellas all tryin’ to get your money for watchin’ stuff. It’s like a whole marketplace of shows, and everyone’s yellin’ “Pick me! Pick me!” That’s what they call, uh, “competitive rivalry.” Sounds like somethin’ out of a soap opera, don’t it?
Then you got new folks tryin’ to jump in the game. That’s the “threat of new entrants,” they say. It ain’t easy, though. Netflix, they been around a while, got a big ol’ pile of shows and movies, and everybody knows ’em. Someone new comin’ in, well, they gotta have deep pockets and a whole lotta good stuff to watch, or nobody’s gonna bother.
Now, let’s talk about the folks makin’ the shows and movies, the “suppliers.” They got some power, you see. If they decide they don’t wanna give Netflix their stuff, well, Netflix is in a pickle. But Netflix, they got smart. They started makin’ their own shows, see? That way, they ain’t gotta rely on other folks so much. That’s what they call “supplier bargaining power,” fancy talk for who’s got the upper hand.
- Lots of competition: Amazon, Disney, HBO, and more. Everyone wants your eyeballs and your money.
- New folks trying to join: Hard to do when Netflix is already the big dog.
- Show makers have power: But Netflix is making their own stuff now, so they ain’t so bossy anymore.
- You, the watcher, got power too: You can quit anytime, and there’s plenty of other places to watch.
- Other stuff you can do instead of watching TV: Like, you know, going outside or reading a book, them are “substitutes”.
And then there’s you, the one watchin’ all them shows, the “customer.” You got power too! If you don’t like what Netflix is offerin’, or if it gets too expensive, you can just up and leave. You can go to another service, or you can just stop watchin’ TV altogether. That’s what they call “customer bargaining power.” You’re the boss, see? You decide where your money goes.
Finally, there’s all the other stuff you could be doin’ instead of watchin’ Netflix. They call that the “threat of substitutes.” You could be goin’ to the movies, readin’ a book, playin’ games, or just sittin’ on the porch swing watchin’ the birds. Netflix gotta keep you entertained, or you gonna find somethin’ else to do.
So, that’s the “Netflix Five Forces,” as them fancy folks call it. It’s just common sense, really. Netflix gotta fight off the competition, keep the new folks from takin’ over, deal with the show makers, keep you happy, and make sure you ain’t findin’ somethin’ better to do with your time. It ain’t easy, but that’s how they stay on top. It’s all about who’s strong and who’s not. Just like in the real world, the strong survive, and the weak, well, they get left behind.
Netflix, they smart though. They keep on makin’ new shows, tryin’ to keep folks happy, and they always tryin’ to figure out what you wanna watch next. That’s how they keep you payin’ that monthly fee. And that’s how they keep on keepin’ on, even with all them other fellas tryin’ to get in their way. It’s like a never-ending battle, and you, well, you the one they’re all fightin’ for. So, you just sit back, relax, and enjoy the show, cause Netflix sure is gonna do everything they can to keep you watchin’
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They’re even makin’ shows in different languages now. Seein’ as folks all over the world are watchin’, not just here in America. They gotta keep up with everybody or they’ll get left in the dust. And they ain’t just doin’ movies and TV shows either. They got documentaries, stand-up comedy, all sorts of stuff. They tryin’ to be a one-stop shop for all your watchin’ needs. Smart, ain’t they?
They got their work cut out for them, that’s for sure. But as long as they keep on makin’ good stuff and keepin’ you happy, they’ll probably be around for a good long while. That’s what I reckon, anyway. Just gotta keep an eye on them other fellas, that’s all. Keepin’ an eye on the competition, that’s the name of the game, and Netflix, they know it. They ain’t dummies, that’s for sure. And that’s why they’re on top now, and they plan on stayin’ that way. They ain’t gonna let nobody take their spot easy. They’ll fight tooth and nail to keep you watchin’ and keep payin’. And that’s the whole “Netflix Five Forces” thing in a nutshell, just like your grandma would explain it.
