That Netflix, you know, it’s a big thing now. Everyone’s got it. My grandkids, they’re always on it. But it ain’t just about what shows they got. There’s a whole lot more going on, I reckon. I heard them talking ’bout some “pessel” thing, so here’s my two cents on this PESTEL thing.
First, you got the politics, that’s the government and all. They got their hands in everything, don’t they? One day they like ya, next day they don’t. For Netflix, it means different rules in different countries. Like, what they can show, how much they gotta pay in taxes, it’s a whole mess. They gotta be real careful, follow all them laws, or they’ll be in big trouble. One country might be easy, next one’s a headache. Like one time, my old hen, she had chicks, different color, different need.
Then there’s the money, the economics, as they say. If folks ain’t got money, they ain’t gonna pay for Netflix, right? When times are tough, people cut back. It’s like when the crops fail, gotta tighten your belt. Netflix gotta watch the prices, keep it cheap enough so folks can afford it, but not too cheap, they still need to pay those movie stars, you know? And also, if you ain’t got a good internet, you can’t watch. So if some areas ain’t got good connection, they need to consider this.
- Folks ain’t got money, they ain’t paying.
- Gotta keep prices just right.
- Need good internet to watch.
Next up, there’s the social part. That’s about what people like, what’s popular. Netflix gotta keep up with the trends, like them young folks with their fancy dances. If they ain’t got the shows people wanna watch, folks’ll go somewhere else. Like, if you only sell turnips at the market, and everyone wants potatoes, you’re gonna be out of luck. They also gotta think about what different groups of people like. Kids, grown-ups, old folks like me – we all like different things, right? Like, my neighbor, only like those old songs, but young people don’t.
Then you got the technology. That’s the fancy stuff, the internet, the streaming, all that. Netflix gotta have the best technology, or the picture will be all fuzzy, and nobody wants that. It’s like having a good, strong plow – makes the work easier. And they gotta keep up with all the new gadgets, like them smart TVs and whatnot. My old TV, it barely works, but the young people got those huge ones, cost more than a cow, I bet. For example, they need to make sure everyone can use it. Some old people like me may not know how to use those new devices, you know.
Laws, that’s another big one. Like I said before, different countries, different rules. But it ain’t just about what they can show. There’s rules about privacy, how they use people’s information, all that stuff. It’s like when you gotta share the well with your neighbor – gotta have rules, or it’ll be a fight. Netflix gotta be real careful with people’s data, or they’ll get fined, maybe even shut down. Those rules are important, keep them is a must.
- Different rules everywhere.
- Gotta protect people’s information.
- Breaking the law is bad.
And finally, you got the environment. Now, that’s about the planet, you know, being green and all. People care more about that now, not like in my day. We just did what we had to do. But now, companies like Netflix, they gotta think about their carbon footprint, whatever that means. It’s like using too much water from the well – it’ll dry up eventually. I heard they use a lot of energy, those servers or whatever. They need to figure out how to use less, maybe use that sun power. And there’s competition, too. Other companies, like that Amazon and Disney, they’re all fighting for the same eyeballs. It’s like when all the crows go after the same cornfield – gotta be the fastest and strongest to get the best pickings. If you want to be green, people like it. That’s also important, I think.
So, that’s my take on this whole PESTEL thing for Netflix. It’s a lot more complicated than just picking what movie to watch. They gotta think about the government, the money, what people like, the technology, the laws, and even the environment. It’s a tough business, I tell ya. But they seem to be doing alright, those Netflix folks. My grandkids sure do love it. And me? Well, I still like my old radio shows, but sometimes I watch with them. It ain’t so bad, I guess. Just gotta keep up with the times, like an old dog learning new tricks, you know what I mean? Or you may be out of this game, right?