Introduction
The trade-off question at hand is whether Netflix should produce more original series with shorter seasons or fewer series with longer seasons. This scenario involves balancing content quantity and depth, potentially impacting user engagement, production costs, and Netflix's competitive position in the streaming market. I'll analyze this trade-off by examining its implications for various stakeholders, proposing an experiment to validate our hypotheses, and providing a data-driven recommendation.
Analysis Approach
I'll approach this analysis by first clarifying key aspects of the situation, then diving into the product understanding, metrics, and experiment design. My goal is to provide a comprehensive framework for making this decision while considering both short-term impacts and long-term strategic implications.
Step 1
Clarifying Questions (3 minutes)
Why it matters: Helps understand the relative importance of originals in our content mix Expected answer: Originals outperform licensed content in engagement metrics Impact on approach: Would prioritize quality and engagement over quantity
Why it matters: Informs whether a one-size-fits-all approach is appropriate Expected answer: Significant variations exist between markets Impact on approach: Might lead to a market-specific strategy rather than a global one
Why it matters: Determines the feasibility of significant changes in our content strategy Expected answer: Moderate flexibility with some lead time required Impact on approach: Would influence the timeline for implementing changes
Why it matters: Helps assess potential competitive advantages or risks Expected answer: Mixed strategies among competitors Impact on approach: Might identify an opportunity for differentiation
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