Piper Jaffray: Consumer Unrest Stabilizing at Netflix

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kixofmyg0t

I never understood why so many people were "outraged" by Netflix's "price hike". I only use the streaming service though.

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bling581

Gdf said most of it, but for me it's also the reason. Netflix stated that they figured in the "long run" they can't afford the costs of sustaining streaming + DVD's with the rising costs of aquiring streaming content and they were moving toward a streaming only company. The price hike is Netflix greatly pressuring people to choose one or the other.

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gdf

62% price hike in less than two years (at least for me) and poor streaming selection that was getting worse.

 

Paying more for less = outrage

 

And the prospect of two accounts, two queues, two websites didn't appeal to me either.

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gdf

"Of those surveyed, 10 percent now say they plan to quit Netlifx. That's down from 15 percent in mid-August"

 

Perhaps the number is lower because THEY ALREADY QUIT! I planned to quit in August and actually quit in September!!

 

I was going to wait until there was a better alternative or Netflix got better. But Netflix expedited the process.

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bling581

I'm not cancelling, but I'm going to drop the DVD option after I get through my queue. I was only watching a handful of movies a month but now I'm sending them back every 2 or 3 days.

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Raswan

This survey is a joke. A 250 sample size out of 24 million? That's 1/10,000, or .0001 percent of the subscriber base. Not even close to enough needed for real analysis. A downard shift from 15% to 10% means that of the people they surveyed, 37.5 said before they were planning on quitting, with 25 now saying it. So you're giving a prediction based on a movement of 12.5 people out of 24 million. Retarded. With a sample size this small (and where, pray was it conducted?) your largest swing (14%) is well within the margin of error. In fact, your whole sample size is smaller than any reasonble margin of error.

How about someone do a real survey? Then maybe we can all stop talking about Netflix's (overhyped) downward spiral, and onto something else equally speculative and unrealistic?

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iceman08

And it's not the only sample obtained from 24 million people. you CAN draw more samples to get a statistic, which helps establish a parameter for the population

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iceman08

It's a real survey in the fact that it's a parameter of the population. Samples are used when you're measuring data from a smaller group.

explanation of a parameter: "Parameters are often estimated since their value is generally unknown, especially when the population is large enough that it is impossible or impractical to obtain measurements for all people. For example, it would be impossible to line up all adult human males on the planet and obtain their heights with perfect measurement, therefore, the true mean height of adult human males can only be estimated, not known." 

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