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Radian6 Brand-Monitoring Presentation

         November 10, 2011
Team Contact Information
                  Alex Argiris

                 Annie Taylor

                Kate Hatherley

               Samantha Siepak

                Elizabeth Sobol



             Professor Matt Ragas

                PRAD 391-401

              November 10, 2011



        Contact: AnnieTay23@yahoo.com
Introduction
Founded in 1997 in Scotts Valley, California by
Marc Randolph and Reed Hastings.
Hastings was inspired to start the company
after being charged late fees for returning a
rented copy of Apollo 13 after the due date.
The world’s largest internet subscription service
for watching movies and TV instantly with more
than 25 million members worldwide.
Netflix is revolutionizing the way people watch
movies and TV shows by streaming directly to
them.
Netflix has become the preferred online
provider of the entertainment experience in the
U.S.A.
 Netflix streams from:
   Microsoft
   Xbox 360
   Nintendo Wii
   Sony PS3 console
   Blu-ray disc players
   Internet-connected TVs
   Home theater system
   Internet video players: Apple iPhone, iPad and iPod touch,
    Android devices, as well as Apple TV and Google TV.
 During the first quarter of 2011, sales and rentals of
  packaged DVDs and Blu-ray Discs plunged about 20
  percent, and the sell-through of packaged discs fell 19.99
  percent to $2.07 billion, with more money spent on
  subscription rentals than in-store rentals.
Social Media Profile of Netflix:
Volume of Conversation Surrounding Netflix
       on Social Media Channels
Breakdown of Social Media
Volume by Social Media Type:
Overall Sentiment
Top Social Media Influencers for
Netflix: By Follower Count
Top Social Media Influencers:
By Frequency of Brand Mentions
Topics/Keywords Most
Associated with Netflix:
Overall Social Media Share of
Voice Versus Competitors:
Competitive Analysis:
Share of Voice Over Time:
How Can Netflix Improve?
Problems:
         Price
               Too expensive & lack of incentive for customers
         Response time
               Deliveries have been taking too long
               DVDs get lost in the mail
Solutions:
         Advertise options better
               There are ways to avoid high prices, not
                mentioned in emails from company
         Create a kiosk
               Have a drop off /pick up kiosk like Redbox
How Can Netflix Improve? Cont.
 Problems:
     Lack of comparable selection between DVDs by mail
      and Instant Stream
     Lack of reasoning behind price increases

 Solutions:
     Improve Instant Stream selection, making it comparable
      to the DVD by mail selection
     Netflix needs to provide reasoning behind price increases
      in order to pacify customers.
         What will the price increases do for them? Ex: The
          increase in monthly prices will lead to a better
          selection of streaming movies, etc.
Lack of Communication
    With Customers
 How can this be solved?
   Hire someone to monitor social media and
    respond to customers
   Needs to be a two-way communication path
Conclusion
 Mostly good feedback
    Customers still enjoy Netflix capabilities

 Netflix performs well against competitors

 Supporters create social media buzz

 Main obstacles:
    Price, prompt delivery, communication method

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Netflix: Brand Analysis

  • 2. Team Contact Information Alex Argiris Annie Taylor Kate Hatherley Samantha Siepak Elizabeth Sobol Professor Matt Ragas PRAD 391-401 November 10, 2011 Contact: AnnieTay23@yahoo.com
  • 3. Introduction Founded in 1997 in Scotts Valley, California by Marc Randolph and Reed Hastings. Hastings was inspired to start the company after being charged late fees for returning a rented copy of Apollo 13 after the due date. The world’s largest internet subscription service for watching movies and TV instantly with more than 25 million members worldwide. Netflix is revolutionizing the way people watch movies and TV shows by streaming directly to them. Netflix has become the preferred online provider of the entertainment experience in the U.S.A.
  • 4.  Netflix streams from:  Microsoft  Xbox 360  Nintendo Wii  Sony PS3 console  Blu-ray disc players  Internet-connected TVs  Home theater system  Internet video players: Apple iPhone, iPad and iPod touch, Android devices, as well as Apple TV and Google TV.  During the first quarter of 2011, sales and rentals of packaged DVDs and Blu-ray Discs plunged about 20 percent, and the sell-through of packaged discs fell 19.99 percent to $2.07 billion, with more money spent on subscription rentals than in-store rentals.
  • 5. Social Media Profile of Netflix: Volume of Conversation Surrounding Netflix on Social Media Channels
  • 6. Breakdown of Social Media Volume by Social Media Type:
  • 8. Top Social Media Influencers for Netflix: By Follower Count
  • 9. Top Social Media Influencers: By Frequency of Brand Mentions
  • 11. Overall Social Media Share of Voice Versus Competitors:
  • 13. Share of Voice Over Time:
  • 14. How Can Netflix Improve? Problems:  Price  Too expensive & lack of incentive for customers  Response time  Deliveries have been taking too long  DVDs get lost in the mail Solutions:  Advertise options better  There are ways to avoid high prices, not mentioned in emails from company  Create a kiosk  Have a drop off /pick up kiosk like Redbox
  • 15. How Can Netflix Improve? Cont.  Problems:  Lack of comparable selection between DVDs by mail and Instant Stream  Lack of reasoning behind price increases  Solutions:  Improve Instant Stream selection, making it comparable to the DVD by mail selection  Netflix needs to provide reasoning behind price increases in order to pacify customers.  What will the price increases do for them? Ex: The increase in monthly prices will lead to a better selection of streaming movies, etc.
  • 16. Lack of Communication With Customers
  • 17.  How can this be solved?  Hire someone to monitor social media and respond to customers  Needs to be a two-way communication path
  • 18. Conclusion  Mostly good feedback  Customers still enjoy Netflix capabilities  Netflix performs well against competitors  Supporters create social media buzz  Main obstacles:  Price, prompt delivery, communication method