That could cause countries to demand a reduction in its use

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It has also raised its prices while other streaming services are much lower. The Opportunities of Netflix Expansion : It can still enter many other countries where the service is not available, such as China. The company can establish strategic partnerships in the local market to increase its presence in new markets; Ad-based business model : Netflix has said no to this traditional business model, but many other service providers make billions from advertising; Mobile Option : The company can offer a lower-cost option with a mobile-only subscription, to expand globally and compete more effectively with lower-cost competitors; Regional Content : Region-specific content in local languages ​​has proven positive in many countries; Original Content : The exclusive content may bring in other product lines, such as video games or comic books; Annual Subscription : This annual subscription with discounts on the monthly cost can encourage users to switch to annual subscriptions, avoiding the subscribers that Netflix loses if they cancel right after watching their favorite shows.


The Threats of Netflix Competition : The streaming service has grown across the globe, italy phone number data and so has the number of competitors, names just as strong as Netflix; regulation : Some strict government regulations may hinder expansion, such as China's restriction on foreign content; piracy : Thousands of people still find ways to download pirated content, and many people share one account at a time; Market Saturation : Over-reliance on North America may cause market saturation, and US base growth has already slowed; Hacking : The number of hacked Netflix accounts has increased and if this continues, it could lead to users migrating to rivals; Carbon Emissions : This is a major threat in this era, and video streaming generates a heavy footprint of almost 1% of global emissions – larger than the aerospace industry.


-> Read more about Netflix SWOT analysis . Conclusion As you can see, Netflix’s business model is entirely based on subscriptions from people all over the world. They don’t have an advertising-based business, because they don’t plan on doing so, thus avoiding the risk of losing customers to a competitor – and that’s definitely a good choice, because as the days go by, more and more video streaming services seem to be appearing on the market.