By how much did Netflix raise its prices in early 2019? How is Netflix justifying its price increase to customers? At what price point do you believe Netflix would begin to see an actual decline in subscribers if it continued to raise prices? What type of marketing research do you think Netflix conducted prior to finalizing the price increase? In your view, will this price increase help Netflix to maintain its competitive advantage in the streaming video market?

MARKETING 2018
19th Edition
ISBN:9780357033753
Author:Pride
Publisher:Pride
Chapter2: Planning, Implementing, And Evaluating Marketing Strategies
Section2.2: Netflix Uses Technology To Change How We Watch Videos
Problem 1C
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  1. By how much did Netflix raise its prices in early 2019?
  2. How is Netflix justifying its price increase to customers?
  3. At what price point do you believe Netflix would begin to see an actual decline in subscribers if it continued to raise prices? What type of marketing research do you think Netflix conducted prior to finalizing the price increase?
  4. In your view, will this price increase help Netflix to maintain its competitive advantage in the streaming video market?
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