India Netflix Marketing SWOT
Product or Service Ideas: Video Streaming Service (Netflix)
We would like to increase the revenue of Netflix in India and focus on the emerging middle class, who want a large library of exclusive content that is inexpensive.
- Geographic: India because it is the second most populated country in the world with an emerging middle class.
- India’s Emerging Middle-Class
- Netflix Revenue and Usage Statistics (including India)
- The population of India is 1.38 Billion
- 26.6 million Indian Netflix users in 2020
- Only 3 Million active subscribers in India as of 2,443,800 as of Q1 2020
- Psychographic: Those who prefer inexpensive video streaming, but also like large libraries of content that include both original content for India and also international content.
- Current challenges for video streaming service growth in India
- Why growth has been elusive to Netflix in India