swot_project_final_form

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SWOT Analysis Presentation (NETFLIX) David Awodi IFSM 201 August 9 th , 2022
Purpose/Su m mary • What is the point of a SWOT table? • What is Netflix?
SWO T TABL E
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INTERNAL FACTORS • Strength • Weakness
EXTERNAL FACTORS • Opportunities • Threats
INTERNAL FACTOR: STRENGTHS • Original Movies/TV Shows • Customer Centric Service • International Customer Base
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INTERNAL FACTOR: WEAKNESSES • Internet Dependency • Price Increase • Limited Copyrights
EXTERNAL FACTOR: OPPORTUNITIE S • Support Black Educational Institutions (HBCU) • Expansion of Operations
EXTERNAL FACTOR: THREAT • Account Hackings • Piracy • Competitive Streaming Services
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• Remember to log out of accounts • Lower price of subscription • Make everything downloadable RECOMMENDAT I ONS
RECOMMENDATI ONS (PT.2) • Continue to help HBCU’s and other colleges • Add a user rating system
CONCLUSION In conclusion, when it comes to Netflix, they have their work cut out for them with all these new streaming services coming out. However, they still have plenty of benefits and opportunities where they can improve and make Netflix worth the money. Netflix may not be the number 1 streaming service, but not once has it fallen to the point where no one uses it. That goes to show that they have a very secure base that allows them to still stand and rise. One of the takeaways from this presentation, is that even though Netflix has threats and weaknesses they can be fixed. Most of the obstacles Netflix has are small task, that can be easily fixed with a little guidance. So, if Netflix were to fix these, I feel like they would stand out even more than they already do.
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REFERENCE S Asmelash, L. (2020, June 17). Netflix CEO donates $120 million to black colleges in an effort to 'reverse generations of inequity' . CNN. Retrieved February 6, 2022, from https://www.cnn.com/2020/06/17/business/netflix- ceo-hbcus-donate- trnd/index.html Carolina, Sg, Peterson, & Gupta, S. K. (2022, January 20). Netflix SWOT analysis 2022: SWOT analysis of Netflix . Business Strategy Hub. Retrieved January 24, 2022, from https://bstrategyhub.com/swot-analysis-of-netflix-2019-netflix-swot-analysis/ Film and music piracy . nidirect. (2021, July 2). Retrieved February 6, 2022, from https://www.nidirect.gov.uk/articles/film- and-music-piracy Gendre, A. (n.d.). 3 ways cybercriminals hack into Netflix accounts . Vade. Retrieved February 5, 2022, from https://www.vadesecure.com/en/blog/3- ways- cybercriminals-hack-into-netflix-accounts Kind, D. (2019, July 15). How netflix can improve its business model . The Obsidian Report. Retrieved March 1, 2022, from https://www.obsidianreport.com/post/how- netflix- can-improve-its-business-model SWOT analysis: Strengths, weaknesses, opportunities, threats . Model and Examples - Strategy Skills. (n.d.). Retrieved March 1, 2022, from https://www.mindtools.com/pages/article/newTMC_05.htm

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