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October 25, 2013 © ArcInsight Partners LLC Client Slide 1
ArcInsightP A R T N E R S
VX-360
A Design MethodReliance Entertainment Digital | ArcInsight Partners
(S A N F R A N C I S C O / L O S A N G E L E S)
Oct 2013
Tech | Media | Entertainment | | CONVERGENCE |
Viewer Experience Design To Drive Real Competitive Advantage For VOD Success
October 25, 2013 © ArcInsight Partners LLC Client Slide 2
ArcInsightP A R T N E R S
VOD Misconceptions & A Case For Experience Design
Video-On-Demand has reached a reasonable maturity level and user penetration in developed economies.
• Netflix crossed 40M subs, surpassing HBO. No longer viewed as “the Albanian army”.
• Incumbent PayTV networks scrambling to offer competing VoD services to hold back subscriber churn to OTT video. Want to include Netflix as a content “channel” (Surprise !)
They keys to long-term engagement lie in - Deconstructing the viewer context- Identifying key viewer journeys that differentiate, and - Re-mapping the viewer relationship using an expectations-reward framework.
Several misconceptions abound in the SVOD service model.
THE MYTHS
1. Fresh content alone will retain subscribers
2. New releases guarantee a viable premium monetization strategy
3. Ultra low price or freemium models accelerate viewership
THE REALITY
1. Netflix's stale content-library did not drive it out of business
2. Experiments with releasing new post-theatrical and “in-theater” films at super-premium prices did not entirely succeed. Mostly abandoned.
3. Ultra low price / freemium models drive “Trials", not necessarily “Conversions“.
Designing multiple “Moments of Truth”. An evolution in thinking over traditional viewer touch-points.
Typically multi-touch, multi-channel and cross-functional
Events that mark a Defining Experience for each life-cycle phase for the viewer
Anchored in the Viewers own perspective. “How Does My Viewer Think About It ?”
The Viewer Journey
The Truth About Customer Experience / Alex Rawson, Ewan Duncan, Conor Jones: Harvard Business Review