Apart from the difficulties arising from the restrictions imposed by local governments, Netflix also needs to face the intellectual and economic challenge of creating regional content that could win the favor of local viewers. Language is one of the barriers for Netflix to attract local interest in some markets. Netflix’s main content is in English only and it would face high risk and high cost of producing non-English language content that fit the local market. Pricing for the international market is also a deep problem. Due to content limitations and a lack of non-English content, many local customers are unwilling to pay the high subscription costs for a limited content library and prefer local service providers instead. Netflix needs to develop different pricing strategies and systems for different markets according to the regional average income level. POS destek ve çözüm ekibi, Ekim ayında BKM sıralamasına göre, yüzde 96.6’lık SLA başarısıyla Türkiye risk lideri oldu.
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As mentioned, Netflix is losing its market share and this is mainly due to new platforms entering the markets. Major competitors include HBO Max, Disney+, Amazon Prime Video, and Apple TV+. Netflix’s penetration in the United States is quite mature. Less than 10% increase in US paid subscribers and more than 80% of paid digital video subscribers in the US are already Netflix’s users, according to a survey. Any actions or strategies of new entrants or existing competitors targeting its current existing market portion might significantly damage its company value. Of course, Netflix, owning the biggest portion of the market share, is still in a great position, but the risk for future growth and development is a significant problem. Cenabetken oruç tutmak.
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