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How Would You Beat? - How Would You Beat Netflix Using Jobs-to-be-Done?

How Would You Beat Netflix Using Jobs-to-be-Done?

How Would You Beat?

06/07/22 โ€ข 35 min

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Netflix is obviously a dominant player in the streaming industry, but their market cap is down 70% year to date with the market being down as well. But they've also had a net loss of 200,000 subscribers in q1, they forecast losing 2 million subscribers in q2, competition and lifting pandemic restrictions has obviously impacted their business and subscription sharing as well. And interestingly, they lost 700,000 subscribers in Russia after the war in Ukraine. So still performing well there 45% of video streaming the largest audience amongst all the streaming players, and they have good evidence in their past of getting jobs done versus their competition. So how can we use Jobs-to-be-Done to analyze and beat Netflix? Or how could Netflix turn around and continue to grow its business using Jobs-to-be-Done? Listen to find out...
โœ… Download our Executive White Paper: "How to Use JTBD To Grow Faster" ๐Ÿ‘‰ https://www.thrv.com/jobs-to-be-done-white-paper-
Key moments from today's topic on how you would beat Netflix:
00:00 Intro to the current state of Netflix
01:40 What "job" is Netflix competing for and who is the competition?
11:49 How Netflix could use JTBD to get over their market issues
16:49 What "jobs" could Netflix expand to?
21:03 Could Netflix use the metaverse to expand their "jobs"
24:32 How big companies like Netflix can capitalize on big future platform changes

โœ… Download our Executive White Paper: "How to Use JTBD To Grow Faster" ๐Ÿ‘‰ https://www.thrv.com/jobs-to-be-done-white-paper
Learn more about JTBD: https://www.thrv.com/jobs-to-be-done
Youtube: youtube.com/channel/UCEKeVWAeyQeMPzq9HfbUa5w
Linkedin: https://www.linkedin.com/company/thrv-com/
Twitter: https://twitter.com/thrvapp
Follow Jay Haynes on Linkedin: https://www.linkedin.com/in/jayhaynes/
Follow Jared Ranere on Linkedin: https://www.linkedin.com/in/jaredranere/

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06/07/22 โ€ข 35 min

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How Would You Beat? - How Would You Beat Netflix Using Jobs-to-be-Done?

Transcript

Jay Haynes

Welcome back to How would you beat where we discuss how you can use jobs to be done innovation methods to beat your competition. Remember to subscribe and like this podcast. In this episode, we will look at how you could beat Netflix. Netflix is obviously a dominant player in the streaming industry, but their market cap is down 70% year to date, with the market being down as well, but they've also had a net loss of 200,000 subscribers in q1, the

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