Assessment 2 Service strategy report

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Kenyatta University School of Economics *

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MISC

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Information Systems

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Nov 24, 2024

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docx

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11

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Report
1 Enhancing Prime Video's Service Design and Delivery in the Australian Market Student’s Name: Susan Telar Student ID: S5242088 Course Coordinator’s Name:
2 Executive Summary This report presents a comprehensive analysis of Prime Video's service marketing audit and provides recommendations for improving its service design and delivery in the Australian market. The audit identified strengths in Prime Video's extensive content library, multi-device accessibility, and trial period. However, it also highlighted weaknesses in content quality and delivery. To address these challenges and leverage opportunities, Prime Video should consider several strategic initiatives. Leveraging customer data and personalization can enhance the user experience by providing tailored content recommendations. Strategic partnerships and competitive pricing can expand the platform's content offerings and attract a broader subscriber base. Enhancing customer service through prompt issue resolution, data-driven insights, and proactive engagement can foster customer loyalty and positive brand reputation. Additionally, a service blueprint outlines a redesigned service delivery process that prioritizes user interface enhancements, content curation, personalized recommendations, and continuous improvement. These recommendations align with Prime Video's goal of providing convenient and economical access to premium content and ensuring long-term success and customer satisfaction in the dynamic streaming landscape of Australia.
3 Introduction This report builds upon the initial service marketing audit of Prime Video conducted in Assessment 1. Prime Video, a subsidiary of the global giant Amazon, is a prominent player in the streaming service industry. Established in 2007 as "Amazon Unbox," it has evolved into a comprehensive online streaming platform known for its convenience and affordability. With a wide range of content, including movies, TV shows, and original series, Prime Video caters to the evolving digital consumption trends of modern consumers (Gold, 2019). As of 2022, it secured a strong foothold in the US streaming market, competing with other industry giants like Netflix and Disney+. The objective of this report is to delve deeper into the findings of the initial audit and provide a detailed analysis of the strengths, weaknesses, opportunities, and threats identified within Prime Video's service marketing landscape. Additionally, it aims to offer practical recommendations grounded in marketing service experience theories to enhance Prime Video's service design and delivery in the Australian market (Gold, 2019). This report will not only highlight areas for improvement but also provide a service blueprint outlining a redesigned service delivery process, ensuring a seamless and satisfying user experience. Identifying Service Weaknesses and Opportunities One of the primary weaknesses identified in the audit is the quality issues reported by customers. Users value a seamless and high-quality streaming experience, and a lack of timely content updates can lead to user frustration. To address this, Prime Video should invest in upgrading its streaming infrastructure to ensure consistent high-quality streaming. Additionally, a more frequent and predictable content update schedule should be established to keep subscribers
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4 engaged (Guo, 2022). This can be achieved by negotiating better contracts with content providers and producing more original content. Furthermore, Prime Video lags Netflix in terms of original content, which poses a significant threat. To tackle this weakness, Prime Video should allocate more resources to producing compelling and exclusive original content. Collaborations with renowned filmmakers and actors can help in creating content that stands out in the market (Hesmondhalgh & Lotz, 2020). Investing in high-profile projects and focusing on diverse genres can attract a wider audience. Another issue is limited offline viewing options, which can be a drawback, especially for users with unreliable internet connections. To address this, Prime Video should expand its offline viewing capabilities to allow users to download a broader range of content for offline consumption. This will cater to users who want to watch content without an active internet connection and enhance user satisfaction. Leveraging Customer Data and Personalization One of the critical aspects of Prime Video's service that requires enhancement is the utilization of customer data and personalization to improve the user experience. Personalization has become a cornerstone in the realm of digital services, as it not only fosters customer engagement but also significantly impacts customer retention and satisfaction (Denga et al., 2022). To maximize the potential of personalization, Prime Video should adopt several strategies. Firstly, Prime Video should invest in advanced data analytics and machine learning algorithms to gain deeper insights into user behavior and preferences. By continuously analyzing what content users watch, how long they engage with it, and their historical viewing patterns, Prime Video can develop a robust recommendation engine (Denga et al., 2022). This engine should provide users with tailored content suggestions that align with their interests, thereby
5 enhancing the likelihood of content discovery and consumption. For example, if a user frequently watches science fiction series, the platform should prioritize recommending similar genres, increasing the chances of user engagement. Secondly, personalization should extend beyond content recommendations. Prime Video can customize the user interface based on individual preferences, allowing users to organize their home screens with their favorite genres or specific content creators (Fahy & Jobber, 2019). This not only adds a personal touch but also streamlines the user experience, making it more intuitive and enjoyable. Thirdly, Prime Video should consider implementing interactive features that allow users to provide feedback on content recommendations. This feedback loop can further refine the recommendation engine, ensuring that it evolves in real-time based on user responses (Fahy & Jobber, 2019). Additionally, user-generated content, such as reviews and ratings, should play a significant role in shaping recommendations, adding a social dimension to the personalization process. Incorporating personalization effectively not only enhances the user experience but also strengthens customer loyalty. Users are more likely to remain engaged with a platform that understands and caters to their preferences (Fahy & Jobber, 2019). By leveraging customer data and personalization, Prime Video can position itself as a market leader in providing tailored, immersive, and satisfying streaming experiences for its Australian audience. Strategic Partnerships and Competitive Pricing Prime Video faces fierce competition in the Australian streaming market, primarily from Netflix, Disney+, and local players like Stan. To maintain its market share and foster growth, Prime Video should strategically forge partnerships and revisit its pricing strategy. Strategic
6 partnerships can significantly bolster Prime Video's content offerings and market presence. Collaborations with major film studios, renowned content creators, and local production houses can result in exclusive content that attracts a broader audience. By securing early streaming rights to highly anticipated movies or TV series, Prime Video can generate excitement and drive subscriptions. For instance, partnerships with acclaimed directors or actors for original productions can elevate the platform's content library, making it more competitive in the market. Moreover, Prime Video should explore cross-promotional partnerships. By bundling its service with other complementary offerings, such as Amazon Prime, Prime Reading, or Prime Music, the platform can provide added value to subscribers. This approach not only incentivizes existing Amazon Prime members to use Prime Video but also attracts new subscribers who seek comprehensive digital services. This bundling strategy leverages the synergy between different Amazon services and enhances the overall customer experience. Competitive pricing is another crucial element for Prime Video to consider. While the platform already offers a subscription- based model, it should continually assess its pricing tiers to remain competitive. Introducing flexible subscription options, such as lower-priced plans with ads or family packages, can cater to a broader audience. Additionally, periodic discounts, especially during promotional events or holidays, can incentivize potential subscribers to sign up. Prime Video should also invest in data analysis to understand the price sensitivity of its target audience. By monitoring subscriber churn rates and conducting price elasticity studies, the platform can fine-tune its pricing strategy to strike the right balance between profitability and affordability. Strategic partnerships and competitive pricing are essential components of Prime Video's growth strategy in the Australian market. By forming alliances with content creators and studios, the platform can enrich its content library and differentiate itself from competitors.
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7 Simultaneously, offering flexible pricing options and bundling services with Amazon Prime can attract and retain a diverse subscriber base, ultimately contributing to Prime Video's continued success and market dominance. Enhancing Customer Service Prime Video's initial service audit identified concerns related to customer service, including negative online reviews that impact the brand's reputation. To improve customer satisfaction and loyalty, Prime Video should focus on enhancing its customer service. One crucial step is to address user complaints promptly and effectively. This entails establishing a robust customer support system that can handle a wide range of issues, from technical difficulties to billing inquiries. Customer service representatives should be well-trained to provide empathetic and efficient assistance to users (Fahy & Jobber, 2019). Additionally, implementing chatbots or AI-driven support can enhance response times and provide quick solutions to common queries. This approach not only improves the overall customer experience but also reduces the workload on human customer support agents, allowing them to focus on more complex issues. Furthermore, Prime Video should actively monitor and analyze customer feedback and complaints. By collecting and analyzing data on user satisfaction, pain points, and recurring issues, the platform can identify areas of improvement and prioritize them. This data-driven approach ensures that customer service enhancements are aligned with user needs and preferences (Periaiya & Nandukrishna, 2023). To mitigate negative online reviews, Prime Video can proactively engage with dissatisfied customers. Responding to negative feedback publicly and offering solutions or compensation can demonstrate a commitment to addressing user concerns. Additionally, Prime Video can encourage satisfied customers to leave positive reviews, helping counterbalance the impact of negative feedback. Another aspect of customer service is
8 educating users about the platform's features and functionalities. Providing comprehensive online guides, tutorials, and FAQs can empower users to troubleshoot common issues independently. This self-help approach not only improves user satisfaction but also reduces the strain on customer support resources. Service Blueprint: A Redesigned Service Delivery To address the identified weaknesses and capitalize on the opportunities outlined in the service audit, Prime Video should consider a comprehensive redesign of its service delivery process. This service blueprint outlines the key elements of this redesign, focusing on improving the user experience and streamlining internal operations. Frontstage Elements 1. User Interface Enhancement: At the forefront of the service redesign is the enhancement of Prime Video's user interface. The user interface should be intuitive, visually appealing, and adaptable to different devices, including smartphones, tablets, and smart TVs. It should prioritize content discovery and personalization, allowing users to easily find and engage with content that aligns with their preferences. 2. Content Recommendation Engine: Central to the user interface is a robust content recommendation engine that leverages user data and machine learning algorithms. This engine should provide users with personalized content suggestions based on their viewing history, preferences, and real-time behavior. Users should have the option to rate content, providing feedback to further fine-tune recommendations. 3. User Feedback Mechanism: To enhance customer engagement, Prime Video should incorporate a user feedback mechanism within the interface. Users should be able to rate content,
9 leave reviews, and provide feedback on their viewing experience. This information can be valuable for both improving content quality and addressing technical issues promptly. 4. Personalized Home Screen: The home screen should be customizable, allowing users to organize their content based on their preferences. Users can prioritize genres, creators, or specific series, creating a tailored browsing experience. This personalization extends to content categories, recommendations, and trending content. Backstage Elements 5. Content Curation and Acquisition: Internally, Prime Video should focus on content curation and acquisition. This involves forming strategic partnerships with studios, content creators, and local production houses to secure exclusive content rights. Early access to blockbuster movies and collaborations with renowned directors can set Prime Video apart from competitors. 6. Data Analytics and AI: Data analytics and artificial intelligence play a significant role in the backstage operations. Advanced analytics should continuously monitor user behavior and feedback, feeding insights into the recommendation engine. AI-driven algorithms can optimize content delivery, ensuring smooth streaming experiences. 7. Customer Support Optimization: Prime Video should invest in customer support optimization, combining human agents with AI-driven chatbots. A 24/7 support system should handle user inquiries, technical issues, and billing concerns efficiently. Human agents can focus on complex problems while chatbots provide immediate assistance for common queries. 8. User Education Hub: A comprehensive user education hub should be established, offering tutorials, FAQs, and troubleshooting guides. This self-help resource empowers users to resolve issues independently and enhances their understanding of the platform's features.
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10 9. Performance Monitoring: Performance monitoring tools should track server performance, video quality, and latency. Real-time monitoring ensures that technical issues are identified and resolved promptly, guaranteeing uninterrupted streaming experiences. 10. Continuous Improvement: Finally, Prime Video should adopt a culture of continuous improvement. Regular reviews of user feedback, performance metrics, and content quality should inform iterative enhancements to the service delivery process. Conclusion In conclusion, this report has provided a comprehensive set of recommendations for Prime Video to enhance its service design and delivery in the Australian market. By addressing the identified weaknesses and leveraging opportunities, Prime Video can strengthen its competitive position and provide a superior service experience to its customers. Additionally, the service blueprint outlines the redesigned service delivery process, ensuring a seamless and satisfying user experience. It is essential for Prime Video to continuously assess and adapt its strategies to remain at the forefront of the ever-evolving streaming industry.
11 References Denga, E. M., Vajjhala, N. R., & Rakshit, S. (2022). The Role of Digital Marketing in Achieving Sustainable Competitive Advantage . Digital Transformation and Internationalization Strategies in Organizations. https://www.igi-global.com/chapter/the-role-of-digital- marketing-in-achieving-sustainable-competitive-advantage/290620 Fahy, J., & Jobber, D. (2019). EBOOK: Foundations of Marketing, 6e. In Google Books . McGraw Hill. https://books.google.com/books? hl=en&lr=&id=RssvEAAAQBAJ&oi=fnd&pg=PP1&dq=Prime+Videos+Service+Marke ting+Audit+Report&ots=6bsFzKg_S7&sig=Mtmw5Hxk71mREXwyk2R0getiE6I Gold, J. (2019, May 27). Market Analysis Report on Amazon Prime Video . https://www.slideshare.net/JessicaGold8/market-analysis-report-on-amazon-prime-video Guo, M. (2022). The Impacts of Service Quality, Perceived Value, and Social Influences on Video Streaming Service Subscription. International Journal on Media Management , 24 (2), 1–22. https://doi.org/10.1080/14241277.2022.2089991 Hesmondhalgh, D., & Lotz, A. (2020). Video screen interfaces as new sites of media circulation power. International Journal of Communication , 14 , 386–409. https://eprints.qut.edu.au/200102/ Periaiya, S., & Nandukrishna, A. T. (2023). What Drives User Stickiness and Satisfaction in OTT Video Streaming Platforms? A Mixed-Method Exploration. International Journal of Human–Computer Interaction , 1–17. https://doi.org/10.1080/10447318.2022.2160224