This document provides an executive summary and marketing plan for an integrated marketing communications and public relations campaign by Alpha Marketing Consultants for Netflix. It analyzes Netflix's business, objectives to increase revenue from Netflix Originals by promoting it as a staple of streaming and cultivating an anti-piracy message. The campaign aims to thank current and new subscribers for not pirating content through commercials, website messages, and exclusive subscriber deals. It identifies millennials as the target market and provides background on streaming trends, Netflix's competitors like Amazon Prime Video and Hulu, and a perceptual map analyzing streaming service prices and options.
Netflix’s unique DVD rental service has revolutionized the industry. They successfully took the best of traditional conventions (like physical media, the U.S. Postal Service) and mixed them with new world internet-conventions. They have also effectively managed to discourage competition from both more established businesses and new entrants. The future growth of Netflix as it expands into streaming media, poses challenges in legal, infrastructure/technology, and through additional costs. In order to remain competitive, it is imperative that Netflix partner with companies with global reach to overcome these challenges. This presentation was part of an MBA class assignment to audit and industry in the the technology sector. The presentation has multiple authors listed on the title page. If you would like copies of the executive summary, complete S.W.O.T. analysis, and/or the transcript of the presentation please PRIVATE MESSAGE ME and I will email it to you.
This presentation briefly analyses the characteristics and timeline of the diffusion of Netflix by assessing Rogers' five diffusion characteristics. for different steps in their company history. It analyses the surrounding of this innovation via PESTEL-analysis and gives brief hints on how to intensify the diffusion of Netflix further globally.
Researched Netflix's existing market and recommended strategies for them to develop.
Conducted SWOT analysis, product and market analysis
Based on their market growth ad financial overview, developed marketing strategies
Developed BCG Matrix and understood Porter 5 forces to estimate the competitive strategy
Netflix’s unique DVD rental service has revolutionized the industry. They successfully took the best of traditional conventions (like physical media, the U.S. Postal Service) and mixed them with new world internet-conventions. They have also effectively managed to discourage competition from both more established businesses and new entrants. The future growth of Netflix as it expands into streaming media, poses challenges in legal, infrastructure/technology, and through additional costs. In order to remain competitive, it is imperative that Netflix partner with companies with global reach to overcome these challenges. This presentation was part of an MBA class assignment to audit and industry in the the technology sector. The presentation has multiple authors listed on the title page. If you would like copies of the executive summary, complete S.W.O.T. analysis, and/or the transcript of the presentation please PRIVATE MESSAGE ME and I will email it to you.
This presentation briefly analyses the characteristics and timeline of the diffusion of Netflix by assessing Rogers' five diffusion characteristics. for different steps in their company history. It analyses the surrounding of this innovation via PESTEL-analysis and gives brief hints on how to intensify the diffusion of Netflix further globally.
Researched Netflix's existing market and recommended strategies for them to develop.
Conducted SWOT analysis, product and market analysis
Based on their market growth ad financial overview, developed marketing strategies
Developed BCG Matrix and understood Porter 5 forces to estimate the competitive strategy
This was a final project for IMC 618 - PR Concepts & Strategy. This Public Relations plan spanned 9 weeks and was the final execution for my chosen client, Netflix.
Case study over current position of Netflix and where it is heading. AFI framework was used to provide insight into new viable strategies with recommendations on how Netflix can maintain a competitive advantage in the future.
How can a online service provider like NetFlix which has become the preferred way of consuming tv shows be launched in India.
Services which NetFlix can offer to Indian youth who would be interested in "Binge watching"
A comprehensive report evaluating Netflix, Inc. viability, stability, and profitability for future investment. The analysis provides an assessment of the firm's strategy, accounting, financial, prospective, and comes up with a buy/sell recommendation.
Running head WEEK 3 ASSIGNMENT 1 1WEEK 3 ASSIGMENT 17We.docxrtodd599
Running head: WEEK 3 ASSIGNMENT 1
1
WEEK 3 ASSIGMENT 1
7
Week 3 Assignment 1
Joanna Nasser
Strayer University
BUS499 Business Administration Capstone
Dr Keller
Netflix
Pay TV is one of the industries that were significantly affected by the internet revolution. The 21st Century television industry is gradually departing from the old models that one needs a set-top box and television cable connection, antennae or satellite. Nascent pay television companies are relying on new television models that have WiFi and Ethernet connection capabilities. Netflix is a leader in the internet television industry with millions of subscribers all over the globe. Netflix offers its subscriber Bluer Ray and DVD rentals as well as online streaming of movies and television series. The titular selling points for internet television is a la carte programming that allows viewers to pick the content they would wish to watch and absence of television advertisements- that viewers are growing increasingly of. Netflix and other streaming services solely rely on viewer subscription fees for revenue rather than ads. The strategies employed by Netflix enabled the firm to stave off competition from other pay-TV companies since the competitors had just copied and pasted the traditional model of television on online platforms. Since it had minimal need for infrastructural investments and global reach, Netflix can offer low subscription fees and as a result, maintains a grip on the market.
Globalisation
The internet is the foremost agent of globalisation. It is regarded as a terus nullius (no man's land) in which territorial boundaries are diminished. Online business has no geographical boundaries while regulatory barriers of entry are severely damaged. The internet offers Netflix and other online television companies an opportunity to reach global audiences at lower costs. Online firms are no longer preoccupied with local audiences; they have shifted their attention to the global market that is comprised of billions of audiences.
Consequently, they can take advantage of higher economies of scale that would enable them to offer discounted subscription fees and still make decent returns on investment. The fact that the company is of American origin gives it an advantageous position as most of the content would be in English, a culturally superior language that is widely spoken around the world (in virtually all the continents). Netflix also has programs that are available in more than one languages. Money Heist, originally a Spanish language program, is available in English and Spanish languages. The inadequacy of the television program has turned millennial to the internet in search of programs more suited for their entertainment needs. These needs are quality programs, on-demand programming and low subscription costs (Cunningham & Craig, 2016). It is the ability to reach global audiences and make content that corresponds with their language, needs and global culture .
This was a final project for IMC 618 - PR Concepts & Strategy. This Public Relations plan spanned 9 weeks and was the final execution for my chosen client, Netflix.
Case study over current position of Netflix and where it is heading. AFI framework was used to provide insight into new viable strategies with recommendations on how Netflix can maintain a competitive advantage in the future.
How can a online service provider like NetFlix which has become the preferred way of consuming tv shows be launched in India.
Services which NetFlix can offer to Indian youth who would be interested in "Binge watching"
A comprehensive report evaluating Netflix, Inc. viability, stability, and profitability for future investment. The analysis provides an assessment of the firm's strategy, accounting, financial, prospective, and comes up with a buy/sell recommendation.
Running head WEEK 3 ASSIGNMENT 1 1WEEK 3 ASSIGMENT 17We.docxrtodd599
Running head: WEEK 3 ASSIGNMENT 1
1
WEEK 3 ASSIGMENT 1
7
Week 3 Assignment 1
Joanna Nasser
Strayer University
BUS499 Business Administration Capstone
Dr Keller
Netflix
Pay TV is one of the industries that were significantly affected by the internet revolution. The 21st Century television industry is gradually departing from the old models that one needs a set-top box and television cable connection, antennae or satellite. Nascent pay television companies are relying on new television models that have WiFi and Ethernet connection capabilities. Netflix is a leader in the internet television industry with millions of subscribers all over the globe. Netflix offers its subscriber Bluer Ray and DVD rentals as well as online streaming of movies and television series. The titular selling points for internet television is a la carte programming that allows viewers to pick the content they would wish to watch and absence of television advertisements- that viewers are growing increasingly of. Netflix and other streaming services solely rely on viewer subscription fees for revenue rather than ads. The strategies employed by Netflix enabled the firm to stave off competition from other pay-TV companies since the competitors had just copied and pasted the traditional model of television on online platforms. Since it had minimal need for infrastructural investments and global reach, Netflix can offer low subscription fees and as a result, maintains a grip on the market.
Globalisation
The internet is the foremost agent of globalisation. It is regarded as a terus nullius (no man's land) in which territorial boundaries are diminished. Online business has no geographical boundaries while regulatory barriers of entry are severely damaged. The internet offers Netflix and other online television companies an opportunity to reach global audiences at lower costs. Online firms are no longer preoccupied with local audiences; they have shifted their attention to the global market that is comprised of billions of audiences.
Consequently, they can take advantage of higher economies of scale that would enable them to offer discounted subscription fees and still make decent returns on investment. The fact that the company is of American origin gives it an advantageous position as most of the content would be in English, a culturally superior language that is widely spoken around the world (in virtually all the continents). Netflix also has programs that are available in more than one languages. Money Heist, originally a Spanish language program, is available in English and Spanish languages. The inadequacy of the television program has turned millennial to the internet in search of programs more suited for their entertainment needs. These needs are quality programs, on-demand programming and low subscription costs (Cunningham & Craig, 2016). It is the ability to reach global audiences and make content that corresponds with their language, needs and global culture .
Netflix Infographic and Group Report Analysis NETS2003 Kitchen, Walton, Stirl...JackWalton9
This infographic and report was for a Curtin University web media project.
Created by Hinewai Kitchen, Jack Walton, Shaquille Stirling, Shannon Wells, Ananya Alagh and Cheyenne Posawen
Increasing Netflix's Revenue, Issue, Analysis, and RecommendationsEmilyAnneFletcher
In this final paper, my group and I use SWOT analysis to understand the problems that Netflix is facing in its business strategy and uncover how to combat these issues. We propose solutions based on our analysis to give Netflix a competitive advantage.
Increasing Netflix's Revenue, Issue, Analysis, and RecommendationEmilyAnneFletcher
In this final paper, my group and I use SWOT analysis to understand the problems that Netflix is facing in its business strategy and uncover how to combat these issues. We propose solutions based on our analysis to give Netflix a competitive advantage.
How the Digital Revolution is Disrupting the TV Industry Suman Mishra
This is a BCG report on the TV industry in US and it talks about how the TV industry has seen “shifts” from inception, but this time the pace with which its changing is so different. It has done ample surveys and has lot of verified facts which makes this report so rich and conclusive.
The core trends fueling disruption this time are
a. Online and mobile will exceed Facilities based viewing
b. On demand viewing will exceed live, linear viewing
c. New companies and business models in online viewing
d. Networks are experiencing the collapse of the middle and rise of “long tail”
e. Content creators and right holders are capturing a greater value share than ever
The 4 disruptive scenarios in making which will “accelerate” the change are
a. The universal remote: Global, all-inclusive navigation solving the discovery problem
b. The walled garden: exclusive entertainment becomes the critical strategic asset
c. Direct to Consumer takes on traditional TV bundles
d. Live TV online
Personalization and gamification of entertainment servicesZinnov
The rapid proliferation of mobile devices and rise of multi- digital channels has disrupted the content distribution and consumption cycle, thereby creating a dynamic business environment for all media and entertainment players. The present operating landscape is driven by customer preferences and marks the advent of a new approach for customer interactions, powered by unique customer experiences through technology and data driven personalization.
First Things First: Building and Effective Marketing Strategy
Too many companies (and marketers) jump straight into activation planning without formalizing a marketing strategy. It may seem tedious, but analyzing the mindset of your targeted audiences and identifying the messaging points most likely to resonate with them is time well spent. That process is also a great opportunity for marketers to collaborate with sales leaders and account managers on a galvanized go-to-market approach. I’ll walk you through the methods and tools we use with our clients to ensure campaign success.
Key Takeaways:
-Recognize the critical role of strategy in marketing
-Learn our approach for building an actionable, effective marketing strategy
-Receive templates and guides for developing a marketing strategy
SEO as the Backbone of Digital MarketingFelipe Bazon
In this talk Felipe Bazon will share how him and his team at Hedgehog Digital share our journey of making C-Levels alike, specially CMOS realize that SEO is the backbone of digital marketing by showing how SEO can contribute to brand awareness, reputation and authority and above all how to use SEO to create more robust global marketing strategies.
When most people in the industry talk about online or digital reputation management, what they're really saying is Google search and PPC. And it's usually reactive, left dealing with the aftermath of negative information published somewhere online. That's outdated. It leaves executives, organizations and other high-profile individuals at a high risk of a digital reputation attack that spans channels and tactics. But the tools needed to safeguard against an attack are more cybersecurity-oriented than most marketing and communications professionals can manage. Business leaders Leaders grasp the importance; 83% of executives place reputation in their top five areas of risk, yet only 23% are confident in their ability to address it. To succeed in 2024 and beyond, you need to turn online reputation on its axis and think like an attacker.
Key Takeaways:
- New framework for examining and safeguarding an online reputation
- Tools and techniques to keep you a step ahead
- Practical examples that demonstrate when to act, how to act and how to recover
For too many years marketing and sales have operated in silos...while in some forward thinking companies, the two organizations work together to drive new opportunity development and revenue. This session will explore the lessons learned in that beautiful dance that can occur when marketing and sales work together...to drive new opportunity development, account expansion and customer satisfaction.
No, this is not a conversation about MQLs and SQLs. Instead we will focus on a framework that allows the two organizations to drive company success together.
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User JourneysSearch Engine Journal
Digital platforms are constantly multiplying, and with that, user engagement is becoming more intricate and fragmented.
So how do you effectively navigate distributing and tailoring your content across these various touchpoints?
Watch this webinar as we dive into the evolving landscape of content strategy tailored for today's fragmented user journeys. Understanding how to deliver your content to your users is more crucial than ever, and we’ll provide actionable tips for navigating these intricate challenges.
You’ll learn:
- How today’s users engage with content across various channels and devices.
- The latest methodologies for identifying and addressing content gaps to keep your content strategy proactive and relevant.
- What digital shelf space is and how your content strategy needs to pivot.
With Wayne Cichanski, we’ll explore innovative strategies to map out and meet the diverse needs of your audience, ensuring every piece of content resonates and connects, regardless of where or how it is consumed.
The digital marketing industry is changing faster than ever and those who don’t adapt with the times are losing market share. Where should marketers be focusing their efforts? What strategies are the experts seeing get the best results? Get up-to-speed with the latest industry insights, trends and predictions for the future in this panel discussion with some leading digital marketing experts.
In this presentation, Danny Leibrandt explains the impact of AI on SEO and what Google has been doing about it. Learn how to take your SEO game to the next level and win over Google with his new strategy anyone can use. Get actionable steps to rank your name, your business, and your clients on Google - the right way.
Key Takeaways:
1. Real content is king
2. Find ways to show EEAT
3. Repurpose across all platforms
AI-Powered Personalization: Principles, Use Cases, and Its Impact on CROVWO
In today’s era of AI, personalization is more than just a trend—it’s a fundamental strategy that unlocks numerous opportunities.
When done effectively, personalization builds trust, loyalty, and satisfaction among your users—key factors for business success. However, relying solely on AI capabilities isn’t enough. You need to anchor your approach in solid principles, understand your users’ context, and master the art of persuasion.
Join us as Sarjak Patel and Naitry Saggu from 3rd Eye Consulting unveil a transformative framework. This approach seamlessly integrates your unique context, consumer insights, and conversion goals, paving the way for unparalleled success in personalization.
Top 3 Ways to Align Sales and Marketing Teams for Rapid GrowthDemandbase
In this session, Demandbase’s Stephanie Quinn, Sr. Director of Integrated and Digital Marketing, Devin Rosenberg, Director of Sales, and Kevin Rooney, Senior Director of Sales Development will share how sales and marketing shapes their day-to-day and what key areas are needed for true alignment.
In this presentation, Danny Leibrandt explains the impact of AI on SEO and what Google has been doing about it. Learn how to take your SEO game to the next level and win over Google with his new strategy anyone can use. Get actionable steps to rank your name, your business, and your clients on Google - the right way.
Key Takeaways:
1. Real content is king
2. Find ways to show EEAT
3. Repurpose across all platforms
Everyone knows the power of stories, but when asked to come up with them, we struggle. Either we second guess ourselves as to the story's relevance, or we just come up blank and can't think of any. Unlocking Everyday Narratives: The Power of Storytelling in Marketing will teach you how to recognize stories in the moment and to recall forgotten moments that your audience needs to hear.
Key Takeaways:
Understand Why Personal Stories Connect Better
How To Remember Forgotten Stories
How To Use Customer Experiences As Stories For Your Brand
Is AI-Generated Content the Future of Content Creation?Cut-the-SaaS
Discover the transformative power of AI in content creation with our presentation, "Is AI-Generated Content the Future of Content Creation?" by Puran Parsani, CEO & Editor of Cut-The-SaaS. Learn how AI-generated content is revolutionizing marketing, publishing, education, healthcare, and finance by offering unprecedented efficiency, creativity, and scalability.
Understanding
AI-Generated Content:
AI-generated content includes text, images, videos, and audio produced by AI without direct human involvement. This technology leverages large datasets to create contextually relevant and coherent material, streamlining content production.
Key Benefits:
Content Creation: Rapidly generate high-quality content for blogs, articles, and social media.
Brainstorming: AI simulates conversations to inspire creative ideas.
Research Assistance: Efficiently summarize and research information.
Market Insights:
The content marketing industry is projected to grow to $17.6 billion by 2032, with AI-generated content expected to dominate over 55% of the market.
Case Study: CNET’s AI Content Controversy:
CNET’s use of AI for news articles led to public scrutiny due to factual inaccuracies, highlighting the need for transparency and human oversight.
Benefits Across Industries:
Marketing: Personalize content at scale and optimize engagement with predictive analytics.
Publishing: Automate content creation for faster publication cycles.
Education: Efficiently generate educational materials.
Healthcare: Create accurate content for patients and professionals.
Finance: Produce timely financial content for decision-making.
Challenges and Ethical Considerations:
Transparency: Disclose AI use to maintain trust.
Bias: Address potential AI biases with diverse datasets.
SEO: Ensure AI content meets SEO standards.
Quality: Maintain high standards to prevent misinformation.
Conclusion:
AI-generated content offers significant benefits in efficiency, personalization, and scalability. However, ethical considerations and quality assurance are crucial for responsible use. Explore the future of content creation with us and see how AI is transforming various industries.
Connect with Us:
Follow Cut-The-SaaS on LinkedIn, Instagram, YouTube, Twitter, and Medium. Visit cut-the-saas.com for more insights and resources.
A.I. (artificial intelligence) platforms are popping up all the time, and many of them can and should be used to help grow your brand, increase your sales and decrease your marketing costs.In this presentation:We will review some of the best AI platforms that are available for you to use.We will interact with some of the platforms in real-time, so attendees can see how they work.We will also look at some current brands that are using AI to help them create marketing messages, saving them time and money in the process. Lastly, we will discuss the pros and cons of using AI in marketing & branding and have a lively conversation that includes comments from the audience.
Key Takeaways:
Attendees will learn about LLM platforms, like ChatGPT, and how they work, with preset examples and real time interactions with the platform. Attendees will learn about other AI platforms that are creating graphic design elements at the push of a button...pre-set examples and real-time interactions.Attendees will discuss the pros & cons of AI in marketing + branding and share their perspectives with one another. Attendees will learn about the cost savings and the time savings associated with using AI, should they choose to.
Mastering Local SEO for Service Businesses in the AI Era is tailored specifically for local service providers like plumbers, dentists, and others seeking to dominate their local search landscape. This session delves into leveraging AI advancements to enhance your online visibility and search rankings through the Content Factory model, designed for creating high-impact, SEO-driven content. Discover the Dollar-a-Day advertising strategy, a cost-effective approach to boost your local SEO efforts and attract more customers with minimal investment. Gain practical insights on optimizing your online presence to meet the specific needs of local service seekers, ensuring your business not only appears but stands out in local searches. This concise, action-oriented workshop is your roadmap to navigating the complexities of digital marketing in the AI age, driving more leads, conversions, and ultimately, success for your local service business.
Key Takeaways:
Embrace AI for Local SEO: Learn to harness the power of AI technologies to optimize your website and content for local search. Understand the pivotal role AI plays in analyzing search trends and consumer behavior, enabling you to tailor your SEO strategies to meet the specific demands of your target local audience. Leverage the Content Factory Model: Discover the step-by-step process of creating SEO-optimized content at scale. This approach ensures a steady stream of high-quality content that engages local customers and boosts your search rankings. Get an action guide on implementing this model, complete with templates and scheduling strategies to maintain a consistent online presence. Maximize ROI with Dollar-a-Day Advertising: Dive into the cost-effective Dollar-a-Day advertising strategy that amplifies your visibility in local searches without breaking the bank. Learn how to strategically allocate your budget across platforms to target potential local customers effectively. The session includes an action guide on setting up, monitoring, and optimizing your ad campaigns to ensure maximum impact with minimal investment.
Core Web Vitals SEO Workshop - improve your performance [pdf]Peter Mead
Core Web Vitals to improve your website performance for better SEO results with CWV.
CWV Topics include:
- Understanding the latest Core Web Vitals including the significance of LCP, INP and CLS + their impact on SEO
- Optimisation techniques from our experts on how to improve your CWV on platforms like WordPress and WP Engine
- The impact of user experience and SEO
5 big bets to drive growth in 2024 without one additional marketing dollar AND how to adapt to the biggest shifting eCommerce trend- AI.
1) Romance Your Customers - Retention
2) ‘Alternative’ Lead Gen - Advocacy
3) The Beautiful Basics - Conversion Rate Optimization
4) Land that Bottom Line - Profitability
5) Roll the Dice - New Business Models
1. Thank You For…
An Integrated Marketing Communications and Public Relations Campaign
Alpha Marketing Consultants
12/12/2019
2. 1
Executive Summary
The current media landscape of streaming services and other aggregators is causing an influx in
competition for Netflix. As more companies jump into the streaming race, they are cordoning off
content into a wider array of exclusivity silos. There is now an increase in individual packages
forcing subscribers to hunt among a myriad of streaming services to search for specific content.
This subscription fatigue may likely worsen by a slate of more high-quality original programming
appearing on various aggregators. This rise in exclusive content is pushing consumers back
towards piracy whether they are using someone else’s account or illegally streaming content. This
integrated marketing and public relations campaign suggests way in which to deter piracy using
positive messaging to consumers.
Company Analysis
Netflix, Inc. is an American media provider and production company that was founded in 1997 by
Reed Hastings and Marc Randolph. Currently headquartered in Los Gatos, California, Netflix’s
primary market is subscription-based film and television program streaming, including in-house
productions. The company’s initial services included both DVD sales and rentals by mail. In 2010,
Netflix expanded its business endeavors with the introduction of streaming media in additional to
DVD and Blu-ray rentals. Netflix expanded internationally by offering services in Canada, Latin
America, and the Caribbean. The company entered the content-production industry in 2012 with
the debut of its first original series, Lilyhammer (Pogue, 2007). By January 2016, Netflix operated
in more than 190 countries world-wide and released more than 126 original series and films.
Netflix currently has more than 30 million streaming members, making Netflix the world's leading
internet subscription service for media programming (Minyaya, 2016).
3. 2
Company Objectives
Netflix’s core strategy is to expand the streaming subscription business both domestically and
globally. The company focuses on enhancing user interface while staying within the parameters of
consolidated net income and operating segment contribution profit targets. Netflix promises its
customers stellar service, suppliers a valuable partner, investors the prospects of sustained
profitable growth, and employees the allure of huge impact by:
1. Becoming the best global entertainment distribution service;
2. Licensing entertainment content around the world;
3. Creating markets that are accessible to film makers;
4. Helping content creators around the world to find a global audience.
Marketing/Public Relations Objectives
After revolutionizing the television landscape with its streaming service, Netflix began unveiling
its own original shows in 2012. The Netflix Original library is now a key component of the total
Netflix library list that viewers can carefully craft towards their next binge session. Research
suggests that recent surges in piracy are jeopardizing the viewing experience that only Netflix can
offer. The current media landscape of streaming services and other aggregators is causing an influx
in competition for Netflix. As more companies jump into the streaming race, they are cordoning
off content into a wider array of exclusivity silos. There is now an increase in individual packages
forcing subscribers to hunt among a myriad of streaming services to search for specific content.
This subscription fatigue may likely worsen by a slate of more high-quality original programming
appearing on various aggregators. This rise in exclusive content is pushing consumers back
4. 3
towards piracy whether they are using someone else’s account or illegally streaming content. Our
research suggests ways to counteract this.
Netflix’s marketing and public relations objectives are to increase revenue from Netflix Originals
by:
1. Promoting Netflix as an inexpensive alternative to cable and a staple of the streaming
industry and;
2. Cultivating an anti-piracy message centered around these Netflix Original works to protect
quality of content.
Company Resources
Netflix currently possess top-quality streaming IT infrastructure, warehouses, offices, storage
facilities and machinery to conduct their services. Additionally, Netflix employs over 3,700
individuals that assist in daily operations of business. To protect the brand, Netflix also utilizes a
combination of trademarks and patents to protect their brand. Netflix also tied its increase in
programmatic spend to its goal to improve the ability to do individualized marketing and public
relations at scale. Lastly, this campaign allows for the budget of $250,000 in overall spending. The
use of Netflix's own actors, personnel, and filming capabilities will also be utilized as a major
resource during this campaign.
Marketing/Public Relations Program
This campaign is aimed to deter piracy while simultaneously allowing us to gather new customers
and keep our existing ones by promoting Netflix as a necessity. It is necessary to remind users that
piracy is not a victimless crime. We suggest running a campaign that will feature not only actors,
5. 4
but all personnel that assists in creating Original content. While we are combating a negative aspect
of the industry, we do not want to come across as negative to our audience. We will instead run
several commercials on our website that thank our audience for not pirating. Additionally, we will
run this message before the beginning of an episode or movie featured on Netflix. The thank you
campaign will also be aimed at current and new members to thank them for using our services. We
also suggest promoting exclusive deals for Netflix users as an additional way to thank them.
Marketing/Public Relations Collaborators
For this campaign, we will primarily be partnering with our in-house personnel, such as our writers,
directors, hair and make-up department, costume designers, and the like. We will also be
collaborating with Spotify and Universal Studios to promote this campaign.
Product – Market
The cable television industry began in the 1950s and became an entertainment staple for the next
half century. In the 1990s, Programming evolved from basic to digital cable, offering up better
picture quality for viewers. Within the last decade, traditional cable television subscribers began
to dwindle. One notable issue consumers found with cable television is paying high prices for
excessive amounts of viewing content. According to eMarketer, nearly 25% of US households will
drop traditional TV by 2022. Streaming has taken the media landscape by storm over the last
decade, posing a serious threat to the end of traditional cable television. With the advancement of
broadband internet and adequate streaming technology, major media conglomerates have made
viewing movies and television shows far more accessible than ever before. In 2005, Netflix began
providing “on-demand” television or video streaming services, promoting the freedom to watch at
6. 5
the customers’ convenience. The provides consumers with the power to watch media programming
on any screen, whether it be a mobile device, laptop, or television set—all while having a
personalized experience (Perez, 2017).
The global video streaming market size was valued at $36.64 billion in 2018 and is anticipated to
expand at a CAGR of 19.6 percent between 2019 to 2025. Additions such a block-chain technology
and Artificial Intelligence (AI) are anticipated to increase revenue by improving video quality in
the market. Currently in the streaming service provider industry, AI is creating a vital role in
editing, scoring, cinematography, voice-overs, scriptwriting and other aspects of video production.
Various providers use AI to improve content quality. The popularity of online streaming is
predicted to continue rising over the next few years with rapid adoption of social media platforms
and other digital media that is currently fueling content marketing. Growing adoption of cloud-
based video streaming solutions for increasing the reach of video content is positively influencing
the market growth. This trend is majorly observed in numerous parts of North America and Asia
Pacific and allows for more potential consumers to reached. High adoption of digital technology
across various verticals has led to the inclination of the U.S. population toward various streaming
solutions and services (“Video Streaming Market Size”, 2019). A 2018 study from Sandvine’s
Global Internet Phenomena report offers an understanding of streaming consumers and their
internet usage. One relevant insight into their study is that Netflix alone comprises 15 percent of
all internet downstream data consumed (Sandvine, 2019).
Demographic Data on Target Market
With consideration to our previous research, “Piracy and Preferences: The Streaming Habits of
Netflix Users,” our proposed target market for this campaign are millennials (and older members
7. 6
of generation Z) who have access to the internet. According to Pew Research Center, Millennials
are people between the ages of 21 and 36 who were born between 1981-1996. Millennials are
today’s largest living generation whose population totals over 92 million. Their collective buying
power estimated at $200 billion. In comparison to its counterparts, this generation is well-known
for its adoption of new technology and rejection of traditional advertising. Hispanics largest ethnic
minority among millennials. According to the research, Millennials are (Mediakix):
Well-Educated: percent of millennial females and 26 percent of millennial males have a
bachelor degree.
Single: 57 percent have never been married.
Parents: One in four Millennials are parents.
Minorities: Millennials are more likely to be racial or ethnic minorities.
City-Dwelling: 88 percent of Millennials live in metro areas
Customer Needs – Perceptual Map
Our perceptual map is based upon the staring prices of each individual streaming service provider
in the market. The placement of the following companies is based on the monthly subscription
price of the service in relation to available content and customization. The starting subscription
price per month (rounded to the nearest dollar) of each provider is listed below (Honorof, 2019):
Netflix: $9.00
Hulu: $6.00
Amazon Prime Video: $9.00
Sling TV: $25.00
Crackle: Free
8. 7
HBO GO: $15.00
Disney Plus: $7.00
Qualifying and Determining Dimensions
Qualifying dimensions are those core features determined to be necessary for all segments of a
market. The qualifying dimensions in the streaming service provider market include access to the
internet and a device that can support the provider’s platform. Determining dimensions are those
features specific to each market segment. The determining dimensions for this market are content
options, customization and usability, and price.
9. 8
In-Depth Description of Target Market
Millennials were born into a generation of options and the ever-expanding world of choice. This
group is often referred to as the “digital natives” as they are the first generation to experience the
digital world since birth. Thus, they are naturally comfortable with technology and are the
innovators and earl adopters of society. According to a study by the McCarthy Group, 47 percent
of respondents among this age range mentioned that they internet was the one thing that they were
unable to live without. To successfully market to this audience, brands must be able to leverage
the power of digital channels (“Defining your target audience,” 2016).
Millennials are focused on saving. In spite of the buying power than most millennials demonstrate,
this target earns 20 percent less than their parents did at the same age. The average salary of
someone that is between the age of 25 to 34 is approximately $40,000 (Animalz, 2018). This group
also owns less property than older generations. Renting and ride-sharing are more prevalent
options for someone in the target. Millennials are savings-driven with one in six individuals having
saved more than $100,000 in their lifetime thus far. Brands should speak to Millennials frugalness
when marketing to them. Advertising and sales people are ranked the lowest in trust for millennials
and they consult with others before making any purchases. A staggering 91 percent of millennials
buy based on recommendations from friends (Annex Cloud). Millennials are not impulse-
shoppers. Word-of-mouth both on and offline are the most successful forms of building brand
awareness and trust for this target. Approximately 35 percent of respondents from the survey stated
that consult websites to gather information before making a purchase. They want to make sure
they’re getting the best price for an item, so they leverage a lot of channels in order to find this
information.
10. 9
Ipsos Research discovered that 64 percent of millennials follow that brands that they are interested
in on social media. This target market is looking for holistic experiences from companies they are
interested in purchasing from with identities that align to their values. Almost 49 percent of
millennials see shopping more as a social activity than an errand (Olya, 2018). Millennials who
shop online are interested in the user experience more than buying products, and those who shop
in stores enjoy browsing through stores, grabbing lunch, and spending time with friends. The social
and engaging aspects of shopping mean that 78 percent of millennials would rather spend their
money on experiences than coveted goods (Anders, 2014). Millennials seek entertainment,
customization, and making sure that their feedback is heard when building relationships with
brands. In fact, two-thirds of this audience cite that companies should offer more options to share
their opinions online, according to a study conducted by Bazaarvoice.
Key Personas
According to Campaign Creators, there are six types of millennials that brands should consider in
order to successfully market to this target (Afsari). For this campaign we will focus on the
“Hippennials” as well as the “Clean and Green Millennials” because they are most relevant to
fulfilling our objectives. The following personas are listed below:
1. Hippennials: “I can make the world a better place.”
Cautious consumer, global, charitable, and information hungry
Greatest user of social media, but does not push/contribute content, looking for
entertainment
Female dominated, below average employment due to students and homemakers.
11. 10
2. Clean and Green Millennial: “I take care of myself and the world around me.”
Impressionable, cause driven, healthy, green, and positive
Greatest contributor of content, usually cause related
Male dominated, above average
Hispanic and full time student, youngest segment
Competitor Analysis
The market for streaming service providers is increasingly crowded, with no competition entering
the playing field frequently. Netflix currently has many competitors, with the recent launch of
Disney+ being the newest on the market. What audiences are watching and how they choose to
watch is constantly changing in this media landscape. According to Nielsen's Total Audience
Report from the first quarter of 2019, consumers are using their television sets even less than last
year, opting towards apps and web-based streaming on smartphones and tablets instead (Neilsen,
2019).
Netflix is one of the biggest contributors to the cord-cutting phenomenon in the last decade as it
provides quality original content at an affordable price (Delventhal, 2018). Netflix is also easily
accessible, as its platform spans its own application, smart televisions, gaming consoles, streaming
media players, and of course online. In the second quarter of 2019, Netflix had about 158 million
subscribers across the globe, making it the highest grossing streaming service. Netflix offers a
range of different viewing options across various countries. The company is consistently cycling
through titles each month, allowing the most popular titles to stay. Netflix encompasses various
12. 11
genres to watch for viewing on its platform, such as feature films, documentaries, anime, television
shows including Netflix Originals, and much more (Moskowitz, 2019). The subscription packages
of Netflix are as follows:
The Basic Plan: This is $8.99 per month and comes with very few features. Subscribers
can only stream on one device at a time, and it's restricted to standard definition (SD).
The Standard Plan: At $12.99 a month, this increases viewing to high definition (HD) on
two different screens.
The Premium Plan: This plan is the highest one at $15.99 per month, allowing subscribers
to stream on four different screens simultaneously in HD.
There are several different competitors that threaten to chip away at market share from Netflix,
including Amazon, Hulu, and Disney+, as well as some of the cable channels' subscription
services. The following analysis will focus on Netflix’s three main competitors:
Amazon Prime Video
The biggest competitive threat to Netflix is Amazon Prime Video. Currently, Amazon Prime Video
has roughly 97 million subscribers. Amazon’s unique selling proposition here is that its
membership to Amazon Prime not only includes free two-day shipping, but its streaming services
as well. The cost for this membership is $119 per year or $12.99 if monthly. The subscription cost
for a student is $59 per year or $6.49 per month. Amazon Prime Video is also available on its own
for $8.99 per month which rivals Netflix’s basic plan (Seth,2019). Amazon Prime Video, much
like Netflix, offers thousands of titles to subscribers ranging from feature films, documentaries,
and television shows, including its own original content. Users can access the platform form in the
same ways they can access Netflix.
13. 12
Hulu
Hulu is similar to Netflix in the fact that they too started off as a DVD rental service that paved its
way into the streaming subscription industry. According to Forbes, Hulu has fewer subscribers
than Netflix and Amazon with around 79 million paid subscriptions. The unique selling
proposition for Hulu is its ability to access direct television shows that are currently on the air.
Hulu, much like its competitors, also boasts its own successful original content and is available
across multiple access points, like Netflix. Hulu uses a hybrid subscription and advertising model,
which can make it much more affordable than the competition (Levy, 2019). Consumers pay $5.99
each month for the first year for the basic service. This package comes with ads. Subscribers who
don't care for commercials can opt to go for the more expensive package at $11.99 every month.
Disney
Disney+ is a recently launched on-demand, commercial-free service whose unique selling
proposition is housing the entire library of Disney movies along with original television series that
are exclusively owned by Disney. Included in the library are titles from Pixar, Marvel, features
from the Star Wars enterprise, as well as National Geographic options. Additionally, every season
of The Simpsons and select 21st Century Fox films. Unlike other streaming subscriptions, Disney+
does not currently have a cap on how many users can have access to one paid subscription.
Subscribers are slated to get unlimited downloads to watch wherever and whenever they choose.
Currently, Disney+ is $6.99 per month or $69.99for an entire year.
14. 13
SWOT Analysis
Throughout the course of this campaign, we will keep in mind this SWOT analysis for Netflix as
a company. This will serve as a reminder of what is and is not working throughout this campaign
and what aspects of the campaign may need additional focus. The SWOT analysis is as follows:
Specific (SMART) Objective
The two primary objectives for this campaign are to promote Netflix is a staple in the streaming
service industry while simultaneously deterring piracy of content from occurring. The basis if this
campaign is to thank new and future subscribers for their continued patronage and lawfulness. The
specific, measurable, attainable, realistic, and time-bound objectives for this campaign are to
increase Netflix Original series viewership by ten percent with a deadline of December 31, 2020.
Differentiation and Positioning
At the beginning of the decade (and even as recent as several years ago), Netflix was the primary
streaming service provider in the market. While the company first started out as DVD mailing
service, it has since evolved its unique selling proposition to streaming third-party content, original
Strengths:
• High brand
equity of
Netflix
• Large platform
of content
producers and
consumers
• Capacity for
original content
creation
Weaknesses:
• Imitable
business model
and emerging
competitors
• Dependence on
content
producers
• Dependence on
Internet service
providers
Opportunities:
• Growth
through
expansion of
product mix
• Penetration in
new markets
• Business
diversification
into other
industries or
markets
Threats:
• Competition
and imitation
• Entertainment
media/content
piracy
• Cybercrime
15. 14
series, movies, and more. However, as the landscape of streaming services has changed and
become increasingly saturated, more options have become available to consumers.(Welch, 2019).
HBO Now gives users the benefit of accessing content only available on HBO Servers. Disney+
hosts a library of Marvel, Star Wars, Disney Animated Classics, and more. Hulu is known for
housing currently airing programming and Amazon Prime Video is backed by the Prime
subscription services.
Netflix created a sustainable, competitive advantage that spanned well over a decade. Netflix's
commissioning of quality original programming, combined with premium content deals is offering
a compelling and differentiated value proposition to online audiences. However, Netflix has
reached its maturity stage in the industry that it pioneered. During the maturity stage, sales will
peak as the product reaches market saturation, and competition will grow increasingly fierce.
Netflix is currently experiencing just that: stagnation due to oversaturation. What will keep Netflix
at an advantage above its competitors is its Netflix Original content and access to titles that can
only be found on its platform. It is important to continue to promote these differentiating factors
throughout the campaign as they become one of the primary reasons to continue using Netflix’s
services.
Netflix positioning has remained consistent and clear throughout its operation. The platform is
easily accessible from anywhere anytime, providing rich experience and broadcast quality video
ultimately meant to fulfill the digital consumption desire of its audience. Netflix can use its current
maturity stage as an advantage over their competitors. As a staple of the streaming industry, Netflix
perpetuates a culture like no other as it reemphasizes excitement and creates a conversation over
those who view its content. For millennials, Netflix is an imperative part of culture that delivers
16. 15
unique, customized content to consumers. The phrase “Netflix and Chill” has become a
commonplace idiom amongst our target audience that is not found in relation to our competitors.
With the current market saturation, it is important that Netflix maintain its current position while
adjusting its tactics to be more customer-centric in order to thrive.
Marketing/Public Relations Strategy
For the purpose of this campaign, we are focusing on two target demographics which will enable
our proposed action plans to better meet the company’s bottom line: noncustomers and present or
returning customers. The goal of this campaign is to reposition Netflix as a staple of the streaming
industry and a necessary expense for customers. Additionally, the strategies and tactics to reach
this goal must be coupled with a message to deter consumers from pirating content exclusively
found on Netflix. Below are the strategies that will be utilized in this campaign:
Target Market 1: Noncustomers
The theme of the campaign is thanking consumers for their patronage and lawful use of
Netflix content. This campaign will extend a one-month free trial to noncustomers in effort
to persuade them to join once the trial period is over. The campaign will enable messaging
that will thank this market for giving Netflix a chance to curry their favor as a streaming
service. Once the one-month free trial period has ended, consumers will be presented with
purchase plan options, including a one-time lower priced basic package subscription that
will be locked in for one year as an additional thanks for joining Netflix. This package is
normally valued at $8.99 per month, but will be available to those who complete the free
trial for $7.99 per month. Paid advertisements will promote this campaign across various
17. 16
social media platforms such as Twitter, Instagram, and Facebook. Additionally, this offer
will be available on Netflix as well to encourage those who using another individual’s
account to take the risk-free opportunity to try their own. A hyperlink will be available
from all advertisements that will link to a sign-up page for the free trial.
Target Market 2: Present or Returning Customers
In partnership with the previous tactic, this promotion will also incorporate a message of
gratitude for current and returning customers. This campaign will allow this target to take
advantage of a limited time promotion to receive one free month of viewing with their
current plan or entice returning customers to renew their Netflix subscription. In relation
to the promotion of new customers, this target market will also be allowed to renew their
subscription at a lower price for one day only on Thanksgiving day. Additionally, Netflix
will partner with Spotify to create a new bundled package that will be available for $10.99
monthly with a one-year subscription for new and returning customers as another limited
time promotion to thank these customers for their continued subscription to Netflix. The
advertisements targeted to this group will include actors from Netflix Original series that
will promote this bundled package while thanking the customer for keeping content
exclusive to Netflix. During this time, the campaign will also air the testimonials of actors
and how they are thankful to their audience. Paid advertisements will promote this
campaign across various social media platforms such as Twitter, Instagram, and Facebook
and hyperlink to the subscription page. These testimonials will also be featured before each
episode of a Netflix Original series.
18. 17
Implementation and Control
The implementation and control of this integrated marketing communications and public relations
campaign serves to ensure the achievement of the strategic objectives stated earlier in this plan.
The following will provide a comprehensive list of activities to be performed, responsibilities of
personnel, and needed resources. This section will also feature timing of implementation, budget,
and contingency plans.
Implementation Problems to Overcome
Research has determined several factors to consider in regards to implementing this
communication plan effectively to the target markets listed earlier:
1. Saturation: The streaming service provider ecosystem is constantly evolving. New
competitors are entering the market yearly. With the recent addition of Disney+, many
streaming service providers have introduced promotions to gain market share. Netflix
will differentiate itself from competitors by implementing the “Thank You For…”
campaign to create a dialogue and start a conversation with the target market. This
campaign will create a narrative for consumers which current competitors are lacking.
2. Awareness: It is vital to the success of this campaign to ensure that potential customers
are aware of future and current promotions in this oversaturated industry. Research
suggests that the target market (Millennials) are avid social media users. This
communications plan will implement several social media campaigns from January 1,
2020 to December 31, 2020 to increase awareness of any promotions that take place
during length of this campaign.
19. 18
3. Supply and Demand: One tactic this campaign will utilize is the issuing of discounted
and/or free services with subscriptions. As the overall bottom line of the campaign is
to meet and exceed profit margins, this campaign is committed to generating long-term
revenue by using a customer-centric approach. To ensure only necessary losses are
incurred, Netflix will promote campaigns that are time-sensitive. Additionally, any free
services are gifted with purchase of contracted, subscription-based plans that will
continue to generate revenue once the free-trial period has ended.
Controls
The main objective for controls is the monitoring and evaluation of the marketing activities
implemented throughout the campaign. This plan suggests recording and reporting all marketing
efforts and deviations to the intended personnel. The following controls are necessary for the
successful implementation of strategies and tactics listed earlier in this campaign by:
Monitoring the success of the social media campaigns implemented throughout the plan by
running monthly sales reports
Creating focus groups to evaluate the content created throughout the campaign before
publishing
Adhering to SMART goals listed earlier in the campaign and setting Key Performance
Indicators to meet throughout the campaign
20. 19
Budget, Sales, and Forecasting
A budget is one of the most integral pieces of a marketing plan and vital to the overall success of
the campaign. Few brands have the fortitude to run marketing on their own without much reliance
on advertising agencies, but Netflix is an exception (Chen, 2019). This campaign will be run
completely in-house, assisting in minimizing the overall use of the budget. Promotional efforts for
this campaign will be made over social media, using Facebook, Twitter, and Instagram. Social
media sites continue to gain popularity, and they are extremely effective for marketing. Social
media possess he ability to connect with current and potential customers. It also allows companies
and organizations to develop relationships that encourage consumers to purchase products and
service while determining how much a company will spend upfront. The total budget for this
campaign will be $250,000.00. Social media buys for the campaign will be budgeted at $5,000.00
per month or $60,000.00 total. The remaining budget will total no more than $140,000.00 and be
used for paying actors, staff and personnel, and equipment expenses. As Netflix possess all of
these services in-house, an approximate spend is not applicable as many of these tactics can be
factored into contracts with Netflix’s employees, actors, and partnership with Spotify. The reaming
$50,000.00 will be used in the contingency plan if needed. This campaign will span one full year
from January 1, 2020 until December 31, 2020.
Contingency Plan
As Disney+, Apple and other streaming threats continue to emerge, Netflix has begun to put
together contingency plans to stay ahead of the curve while reducing its mounting debt. Netflix
will set aside $50,000.00 of its $250,000.00 budget for unexpected expenses. The following table
is the condensed contingency plan for this campaign:
21. 20
Risk Preparation Response
Network and/or Platform
Failure
Backup servers on standby Report issues immediately,
issue apology to customers,
utilize backup servers
Advertisements Fail to
Resonate with Target
Market
Research key markets Stop all paid advertising, use
contingency budget to
revamp campaign
Spotify Partnership Fails Contract, with option to
cancel or buyout
Move forward with penalty-
free cancelation of
partnership
Lack of Funds Create a contingency budget Pull from budget if needed
Misplaced/Stolen/Destruction
of Advertising Content
The Cloud/backup storage Recover lost content from
server
Data Breach Prepared legal team and
encryption
Issue apology, create press
release, create timeline for
updates
Actors and Personnel Contract, with option to
cancel or buyout
Move forward with penalty-
free cancelation of
employment
Overload of Promotion Only offer for a limited time Immediately pull
subscription link from
website, stop advertising
23. 22
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