Netflix is an online movie DVD rental firm founded in 1997 by Marc Randolph and current CEO Reed Hastings. Netflix’s strategy and market success have been based on providing a large selection of DVD’s, an easy way to choose movies, and fast, free delivery. Their goal is to deliver customer value by eliminating the hassle involved in choosing, renting and returning movies. Netflix originally offered DVDs on a fee per use basis, then introduced monthly subscriptions service in 1999 which proved…
Words 1146 - Pages 5