Patrick WANG patrick WANG Esmira Gubatova Esmira Gubatova Michael Hu Michael Hu Scott CHENG Scott...

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patrick WANG Esmira Gubatova Michael Hu Scott CHENG CaLEB Wen TIANG YiNG

Transcript of Patrick WANG patrick WANG Esmira Gubatova Esmira Gubatova Michael Hu Michael Hu Scott CHENG Scott...

Page 1: Patrick WANG patrick WANG Esmira Gubatova Esmira Gubatova Michael Hu Michael Hu Scott CHENG Scott CHENG CaLEB Wen CaLEB Wen TIANG YiNG TIANG YiNG.

patrick

WANGpatrick

WANGEsmira

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CHENGScott

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Page 2: Patrick WANG patrick WANG Esmira Gubatova Esmira Gubatova Michael Hu Michael Hu Scott CHENG Scott CHENG CaLEB Wen CaLEB Wen TIANG YiNG TIANG YiNG.
Page 3: Patrick WANG patrick WANG Esmira Gubatova Esmira Gubatova Michael Hu Michael Hu Scott CHENG Scott CHENG CaLEB Wen CaLEB Wen TIANG YiNG TIANG YiNG.

Netflix, Inc. - Annual Reporthttp://ir.netflix.com/secfiling.cfm?filingID=1065280-13-8&CIK=1065280%7CNetflix

Blockbuster, Inc. - Annual Reporthttp://quicktake.morningstar.com/stocknet/secdocuments.aspx?symbol=bloka

REVENUE

BANKRUPTCY

Page 4: Patrick WANG patrick WANG Esmira Gubatova Esmira Gubatova Michael Hu Michael Hu Scott CHENG Scott CHENG CaLEB Wen CaLEB Wen TIANG YiNG TIANG YiNG.

SUBSCRIBERS

Page 5: Patrick WANG patrick WANG Esmira Gubatova Esmira Gubatova Michael Hu Michael Hu Scott CHENG Scott CHENG CaLEB Wen CaLEB Wen TIANG YiNG TIANG YiNG.

What’s Next?

Page 6: Patrick WANG patrick WANG Esmira Gubatova Esmira Gubatova Michael Hu Michael Hu Scott CHENG Scott CHENG CaLEB Wen CaLEB Wen TIANG YiNG TIANG YiNG.

Big Data!

Page 7: Patrick WANG patrick WANG Esmira Gubatova Esmira Gubatova Michael Hu Michael Hu Scott CHENG Scott CHENG CaLEB Wen CaLEB Wen TIANG YiNG TIANG YiNG.

HOUSEHOUSEof CARDSof CARDS

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WANGEsmira

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Michael

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CHENGScott

CHENG

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Page 8: Patrick WANG patrick WANG Esmira Gubatova Esmira Gubatova Michael Hu Michael Hu Scott CHENG Scott CHENG CaLEB Wen CaLEB Wen TIANG YiNG TIANG YiNG.

OFFERINGS

MARKETS

CURRENT CUSTOMERS

NEW CUSTOMERS

Instant streaming

service

Can choose another language

Discover Netflix

Social networking

This feature allows them to interact with friends who were also

members

Could see movie recommendations from

all members

NEW SERVICE STRATEGY MATRIX FOR NETFLIX

Page 9: Patrick WANG patrick WANG Esmira Gubatova Esmira Gubatova Michael Hu Michael Hu Scott CHENG Scott CHENG CaLEB Wen CaLEB Wen TIANG YiNG TIANG YiNG.

SERVICE BLUEPRINTFOR NETFLIX

CUSTOMERS

ACTIONS

Line of interaction

EMPLOYEE ACTIONS

(VISIBLE)

EMPLOYEE ACTIONS

(INVISIBLE)

SUPPORT

PROCESS

Line of internal interaction

Line of visibility

Apply forto be

members

Payable

Watching movie

process

Recommendation

and voting

Comparing

movies

Ranking

Install set-top-box

for customers

Keep date

Combine data

Make the best movie

Make a decision

Collect data

Combine together

Post office

Transfer payment (bank)

Maintain device and network

Page 10: Patrick WANG patrick WANG Esmira Gubatova Esmira Gubatova Michael Hu Michael Hu Scott CHENG Scott CHENG CaLEB Wen CaLEB Wen TIANG YiNG TIANG YiNG.

Recommendation Algorithm

Page 11: Patrick WANG patrick WANG Esmira Gubatova Esmira Gubatova Michael Hu Michael Hu Scott CHENG Scott CHENG CaLEB Wen CaLEB Wen TIANG YiNG TIANG YiNG.

Recommendation Algorithm

Page 12: Patrick WANG patrick WANG Esmira Gubatova Esmira Gubatova Michael Hu Michael Hu Scott CHENG Scott CHENG CaLEB Wen CaLEB Wen TIANG YiNG TIANG YiNG.

Paradigm Shift

Heliocentrism

Geocentric model

Page 13: Patrick WANG patrick WANG Esmira Gubatova Esmira Gubatova Michael Hu Michael Hu Scott CHENG Scott CHENG CaLEB Wen CaLEB Wen TIANG YiNG TIANG YiNG.

Service Gap Model

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2. HOWs:Engineering Characteristics

4. Relationship between WHATs and HOWs

1. WHATs:Customer requirements

5. Prioritized customer requirements

6. Prioritized engineering characteristic

3. Interrelationship matrix

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GENERATE ENGINEERING SPECIFICATIONS: HOW WILL THE

CUSTOMERS’ REQUIREMENTS BE MET?

• A good story……………….Politics type

• Good actors………………..Kevin Spacey

• A good director…………….David Fincher

• Good timing to watch……….Anytime(Online)

• Sensory stimulation………..Limited

Page 16: Patrick WANG patrick WANG Esmira Gubatova Esmira Gubatova Michael Hu Michael Hu Scott CHENG Scott CHENG CaLEB Wen CaLEB Wen TIANG YiNG TIANG YiNG.

RELATE CUSTOMERS’ REQUIREMENTS TO ENGINEERING SPECIFICATIONS: HOWS

MEASURE WHATS?

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IDENTIFY AND EVALUATE THE COMPETITION: HOW SATISFIED IS THE

CUSTOMER NOW?

• For instance, we assumed the ranking as comparing with the movie “Lincoln” :

OUR FILMLINC

OLN

A GOOD STORY Win

GOOD ACTORS Win

A GOOD DIRECTOR Win

GOOD TIMING TO WATCH

Win

SENSORY STIMULATION

Win

Page 18: Patrick WANG patrick WANG Esmira Gubatova Esmira Gubatova Michael Hu Michael Hu Scott CHENG Scott CHENG CaLEB Wen CaLEB Wen TIANG YiNG TIANG YiNG.

IDENTIFY RELATIONSHIPS BETWEEN ENGINEERING REQUIREMENTS: HOW ARE THE HOWS DEPENDENT ON

EACH OTHER?

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SET ENGINEERING TARGETS:HOW MUCH IS GOOD ENOUGH?

Page 20: Patrick WANG patrick WANG Esmira Gubatova Esmira Gubatova Michael Hu Michael Hu Scott CHENG Scott CHENG CaLEB Wen CaLEB Wen TIANG YiNG TIANG YiNG.

TARGET: REINFORCE POLITICS PLOTS

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DOES NETFLIX’S OPERATING STRATEGY

WORK IN EASTERN?• Technology in Eastern is not advance as in US,

the companies cannot handle “big data”.

• People are more likely watch English movies.

• It needs to spend a lot of money on the famous director and actors.

• The customer’s habit between western and eastern are different.

• Other government limitations(Ex:Copyright).

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WHAT ARE THE PROBLEMSTHAT NETFLIX HAS TO FACE?

• The sources of movie.

• Market demand.

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WHAT IS NETFLIX’S NEXT STEP?

• Facing the strong competitors which like Wal-mart provided DVD renting and Amazon and Apple’s online download service, Netflix is going to provide movies download service too.

• Faster and easier

• Netflix is keep improving their services and systems, and hope to have higher quality services and more movies provide to customers.

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Q&A