What NetFlix Is And Why You Should Try It!
Thursday, January 31st, 2008Some years ago an underdog company called NetFlix revolutionized the video rental industry. They based a video rental service based on the following fundamental points:
1) People Like To Rent Movies
2) People Don’t Like Late Fees
3) People Would Appreciate An Unlimited Movie Rental Solution
They were right. The way their service works is you sign up for a membership (Their are various account levels which I will get into later). You then get to login to the NetFlix website and view their enormous collection of movies. Each movie has a complete description as well as the artwork of the case to give you that real browsing the video store experience. You then add the movies you want to see to your queue and order them in the priority you want to see them. Thats the extent of what you do and then Netflix takes care of the rest.
Based on the order of your queue Netflix starts delivering the movies you want to see STRAIGHT TO YOUR DOOR. They use first class postage so the typical delivery time is 1 day. You watch the movie, stick it back in the postage paid envelopes that they supply you with and stick it in your mailbox. NetFlix then gets the movie back takes it off your queue and sends you the next movie. The whole process of returning a movie and getting another takes about 2 days on average which is extremely fast. The best part is that Net Flix pays both the original and return shipping charges for you.
NetFlix so revolutionized the industry that Blockbuster (the worlds largest video rental company) had to compete and started offering their own online video rental service. It ran well for a while but Blockbuster could not compete due to NetFlix’s low pricing and superior management and have since raised their prices, fired most of their staff and are essentially desolving their online rental division. It still exists but their service is suffering and they are losing tons of subscribers.
To further put the nail in Blockbusters coffin Netflix introduced a feature late 2007 called “Watch Instantly.” In addition to putting movies in your queue and having them sent to you, you could login to NetFlix.com and watch a pretty large selection of movies right there on your computer instantly. They do not have their entire selection of movies available to “watch instantly” but do have a rather large selection of hit TV shows, movies, children’s programming and much more. In 2008 Netflix is working on a set top box that will allow you to watch movies from their “watch instantly library” right in your living room at the touch of a button (similar to how TIVO works).
As of 1/31/2008 NetFlix pricing is as follows:
1 at-a-time (2 a month) - $4.99 a month
1 at-a-time (Unlimited) - $8.99 a month (BargainBomb Suggested Plan)
2 at-a-time (Unlimited) - $13.99 a month (BargainBomb Suggested Plan)
3 at-a-time (Unlimited) - $16.99 a month
4 at-a-time (Unlimited) - $23.99 a month
5 at-a-time (Unlimited) - $29.99 a month
6 at-a-time (Unlimited) - $35.99 a month
7 at-a-time (Unlimited) - $41.99 a month
8 at-a-time (Unlimited) - $47.99 a month
All you really need is to have 1 or 2 movies sent to you at at time and at a cost of only $8.99 to $13.99 per month how can you beat it. Some people even cancel their expensive $100+/month cable plans and just watch NetFlix movies. Here in New York a video rental at a major chain costs between $4 & $5 per rental. If you rent just 2 movies per month NetFlix is a much better deal considering you can get unlimited movies for as little as $8.99 per month.
In conclusion, give NetFlix a try. Using the below banner you can try NetFlix COMPLETELY FREE for 30 days courtesy of your friends at BargainBomb.com.
