Netflix

Blockbuster Under Estimates Netflix

Netflix has really got Blockbusters attention.  Blockbuster is trying to put Netflix out of business, but Netflix is not going anywhere but up.  Blockbuster is killing the video store by offering a lower online pricing than the store-based subscription.  Blockbuster is just forcing all of those video store clients to rent DVD's online.  Some of those former Blockbuster video store customers will become new Netflix customers.  Netflix is the innovator of online DVD rentals.  Not only has Netflix innovated the online DVD rental business, they have mastered it.  Netflix has always been a step ahead of the big media guys.  When Blockbuster entered the online DVD rental business, they priced their service pennies below Netflix, but even that was not enough to lure customers away from Netflix.  Blockbuster should have listened to their customers when they had them.  Netflix has always listen to thier customers.

Customers Choose Netflicks Movie Rentals

Netflicks has forced Blockbuster to change the way Blockbuster does business.  Only Netflicks could get Blockbuster to hear the cries of the customer.  But, I predict it is to late, now Blockbuster will be crying.  Blockbuster made millions on late fees and now plan to end late fees next year.  Thank you Netflicks for listening to the customer and not your profits.  Even with Blockbuster ending late fees in 2005, Netflicks is still a better bargain.  I am on the 5 at a time Netflicks DVD movie rental program for only $29.99 per month.  I watch 10-15 top Netflicks DVD movies a month.  If you compare the price of Blockbuster new release, you should be paying between $39.99 and $59.85 a month to rent 10-15 movies.  I pay only $29.99 to Netflicks.  That is a savings between $10.00 and $29.86 a month by using the Netflicks online DVD movie rental service vs renting from Blockbuster.  The best part is I am continuing to support a business model that puts me first!  When I hear that Blockbuster predicts that it will loose $300 million in revenue from late fees in 2005, all I can think about is how much they have made off me in past years.  Netflicks, from day one offered the better online DVD movie rental service, at a better price.  Blockbuster keep crying, because this Netflicks customer is never coming back!