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How can it be? They clearly and transparently justified the increase : in this way the consumer understood that the increase would translate into their own benefit, since, after all, it would be invested directly in updating their product. They played with psychology : the basic plan continued to remain below the psychological threshold of $ and therefore affordable for those tighter budgets. Adaptation to each market : Netflix does not maintain a global pricing policy but rather adapts to each market where it has a presence. A company culture that builds loyalty among its workers On the ThePower Business School blog we never tire of repeating that the most important asset of any company is its human capital.
That is why it is not surprising that it always appears Belarus WhatsApp Number in the rankings of “the best companies to work for.” Netflix advocates for “radical honesty” at work. Employees must meet certain qualities : it all starts with their selection processes . To select the best personnel, they do not rely solely on their experience, but rather they advocate for people who have those qualities that fit with the company's values. They are completely independent : they leave behind the strict hierarchy, at Netflix they are given absolute freedom they have unlimited vacations! because they expect each one to contribute their knowledge.
A culture of permanent rotation: Netflix is always looking to recruit new talent. Its objective is to create the best work team. They pay the best salary on the market : Netflix focuses on having extraordinary employees, since they are the ones who perform twice as well and cost less than two “normal” employees. And to retain talent, it is also necessary to reward them with a good salary. Business model, personality, big data, price and employee loyalty Without a doubt, Netflix is a case study, how a platform has come to challenge the big Hollywood studios.
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