Mog Spawn@lemmy.world to AssholeDesign@lemmy.worldEnglish · 1 year agoNetflix is a Nickle & Dime Outfitlemmy.worldimagemessage-square52fedilinkarrow-up1510arrow-down115
arrow-up1495arrow-down1imageNetflix is a Nickle & Dime Outfitlemmy.worldMog Spawn@lemmy.world to AssholeDesign@lemmy.worldEnglish · 1 year agomessage-square52fedilink
minus-squareTemple Square@lemmy.worldlinkfedilinkEnglisharrow-up15·1 year agoBut… A more expensive product becomes a more price-sensitive product. Now one customer represents income from 3-4 customers. Recession hits. People are more likely to cancel something that is $25/mo than $8/mo. And each cancellation is like three cancellations. Going “premium” is a valid strategy. But since we haven’t had a serious recession in 15 years, I believe it’s a shortsighted one.
But…
A more expensive product becomes a more price-sensitive product. Now one customer represents income from 3-4 customers.
Recession hits. People are more likely to cancel something that is $25/mo than $8/mo. And each cancellation is like three cancellations.
Going “premium” is a valid strategy. But since we haven’t had a serious recession in 15 years, I believe it’s a shortsighted one.
Are we not in a recession right now?