Mog Spawn to AssholeDesign@lemmy.worldEnglish • 1 year agoNetflix is a Nickle & Dime Outfitlemmy.worldimagemessage-square47fedilinkarrow-up1513arrow-down115
arrow-up1498arrow-down1imageNetflix is a Nickle & Dime Outfitlemmy.worldMog Spawn to AssholeDesign@lemmy.worldEnglish • 1 year agomessage-square47fedilink
minus-squareTemple SquarelinkfedilinkEnglish15•1 year agoBut… A more expensive product becomes a more price-sensitive product. Now one customer represents income from 3-4 customers. Recession hits. People are more likely to cancel something that is $25/mo than $8/mo. And each cancellation is like three cancellations. Going “premium” is a valid strategy. But since we haven’t had a serious recession in 15 years, I believe it’s a shortsighted one.
But…
A more expensive product becomes a more price-sensitive product. Now one customer represents income from 3-4 customers.
Recession hits. People are more likely to cancel something that is $25/mo than $8/mo. And each cancellation is like three cancellations.
Going “premium” is a valid strategy. But since we haven’t had a serious recession in 15 years, I believe it’s a shortsighted one.
Are we not in a recession right now?