Alright, let’s talk about the value chain of Netflix. I spent some time digging into this, and it’s pretty interesting how it all comes together.
So, first, I started by looking at what Netflix actually does. It’s a video-on-demand service, right? People pay a fee to watch stuff. I realized that they have got over 220 million subscribers, which is huge.
Then, I tried to understand the steps involved. It’s like a chain, where each link is a different activity that adds value. I found out that for Netflix, this includes things like ordering, processing, and delivering the videos to us.
I read that Netflix uses a digital model. This means they send movies and shows to us through the internet, either by letting us download them or by streaming. I thought about how this impacts their business. It’s all about getting the content to us quickly and easily.
Next, I learned about something called “value chain.” It’s a fancy term, but basically, it’s all the stuff a company does to create a product or service. For Netflix, this includes finding new shows, making sure the streaming works well, and telling people about their service.
I also discovered that Netflix gathers a lot of data about what we watch. They use this information to decide which shows to get, how to make the app better, and how to advertise. It’s like they’re always trying to learn what we like.
- Started by understanding Netflix’s basic service.
- Realized they have millions of subscribers.
- Figured out the steps involved in delivering content.
- Learned about the concept of a “value chain.”
- Discovered how Netflix uses data to improve.
So, after doing all this, I have a better picture of how Netflix works. It’s not just about watching movies; there’s a whole system behind it, making sure we get what we want, when we want it. It was a fun little project to see how a big company like Netflix operates behind the scenes.
