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Product Strategy
In Netflix'sbmarketing strategy, the product strategybandbmix are as follows. bNetflix beganbas a DVD
rentalbservice vand haslgrown tobbecomebonebofbthe world'sltop online streaming media and
entertainmentbcompanies. Netflix is now vva websitebwhere you can signbup and pay to watch TV
shows, movies, documentaries, andbother content. bThebnicest part about Netflix is thatbyou don't
have tobwatchbanybcommercials while you're watching it. It is kept up to date by beingbupdated on a
regularbbasis. Tobutilizebits services, you can first test it for<a month and then, if you like it or wish to
continue, you must purchase a monthly membership. The,goodm news is that there is no contract with
them, nobcancellationbfees, band nobcommitment. You have the optionlto cancel
yourbonlinebsubscription at any time. For individuals vvinterested in joining Netflix, there are vvthree
options to choose from: Basic Plan, Standard Plan, band PremiumbPlanbEachbplan providesvv different
amounts of content access to customers.
Price/Pricing Strategy
Netflixboffers abone-month vvfree trial in order vvto attract potential users and vvsubsequently convert
them into vvpaying subscribers. It charges vva minimum amount vin nthekform of subscription after the
one-month period has expired, which varies depending on the type of plancchosen, bwhichbis
asbfollows. bBasic, bStandard, and Premium planscare available betweenc$7 to $12. It is clear from the
above price list that psychologicalbpricing is used. Netflix'sbprices are reasonable,cwhich is consistent
with the company'sbmission statement, which seeks tocsubsidize consumer renting costs. You will
receive additional perks based on the plan you have cchosen.
02)
Microsoft's marketingcstrategy examinescthe brand usingcthe marketing mix framework, which includes
the four Ps. There are a variety of marketing tactics available, such as product innovation, pricing
strategy, band promotioncplanning, to name a few. ThesecMicrosoft marketingbmix-basedbcommercial
techniques aid thecbrand's success.
Product Strategy
Microsoftbisconebofbthebworld'sbmostbwell
knownctechnologybandbservicescfirms.bMicrosoftbisbabresearchbandbdevelopment-
drivenbfirmbthatbanticipatesbclientbdemands and respondsbwithbabwidebrange of products and
services to meet those needs. Its portfolio includes a wide range of consumer electronics, software
applications for businesses, gaming devices, and other items. Microsoft's marketing mix includes items
for both businesses and consumers, and they are available worldwide.
Software
Undercthe software area, Microsoft coffers abnumbernof products, which are further divided into
productivity tools, collaboration tools, and management tools. Microsoft Office (Word, Excel,
Powerpoint), Outlook, Exchange, and other productivity software are among the most popular.
Microsoft provides communication tools and services such as Skype, Microsoft Teams, OneDrive, and
Bing Search. For businesses, management tools such as Linkedin, Dynamics 365, and Power BI are
available.
Hardware
Theccompanycsells computers, headphones, ctouchpads, and other accessories under the Microsoft
Surface brand.
Operating System
Microsoft'scWindows operating system hasclong been onecof the most popular choices for PCs and
laptops. Since its inception, Windows has created a heritage, and new versions such as Windows 11,
Windows 10, and others have been released every few years.
Cloud Services
Price/Pricing Strategy
Microsoft has amassed a sizablecmarket share.