Lars Pind

internet software, coaching, and entrepreneurship

Lars Pind - internet software, coaching, and entrepreneurship
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Netflix rocks

November 18, 2002 · 2 comments

Netflix rocks. When can we get Netflix in Denmark?

The thing that everyone hates about Blockbuster is the late-fee drill. Analysts estimate that 18% of Blockbuster’s $5 billion in revenue comes from late fees. With Netflix, there are no late fees, and you can keep a movie for as long as you like. Blockbuster’s addiction to late fees helps drive Netflix’s success.

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2 responses so far ↓

  • 1 Steffen Tiedemann Christensen // Nov 28, 2002 at 02:47 PM

    Webservice in the Union?

    Sadly a lot of great internet service providers haven't discovered the European Union yet, but I guess this case is understandable since the postal infrastructure isn't perfect here (yet?)... And for NetFlix the American market is probably large enough for now.

    What bugs me is that other web-only services such as Yahoo's Pressplay isn't available for me (or anyone else outside the States)... Yahoo! probably (I don't really know for sure) has offices in all countries in the EU and yet we're left out :-(.

    Sadly, we probably need to have succes services focusing purely on Europe before the American companies wake up...

  • 2 Lars Pind // Nov 28, 2002 at 02:54 PM

    Supply and demand I'm not sure whether the lack of supply is because there's hardly any demand in Europe. So it's not web services companies who need to wake up, it's the European consumers.

    On the other hand, this is a new market and a new type of service, and thus, sometimes supply drives demand, because they show you a possibility you didn't know was there.