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by bravetraveler
741 days ago
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We're decades in on Netflix specifically ratcheting their prices like clockwork. One may say inflation, doubt - they adjust more often than anyone. It overwhelmingly goes in one direction. A new sucker is born every day The network effect of this is "the money machine must grow/demands more". They don't have to do this - everyone knows how well-paid their people are. It's a system of systems. There's an academic understanding and then the practical one. Everyone stands to benefit from a Boogeyman |
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What is the economist term for (not) leaving money on the table? Revenue maximization?
Netflix has it both ways:
- Raises prices on its current customers - Sells ad space on its streams, devaluing the experience