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I trust their data scientists calculated their price elasticity and their marketers did lots of A/B and focus groups so they know what they're doing.
by cardosof 5y ago
I trust their data scientists calculated their price elasticity and their marketers did lots of A/B and focus groups so they know what they're doing.
- fuzzfactor 5y ago>Netflix’s Prices Are Rising Faster Than Cable If you were starting a company like Netflix, you would best realize this is essential beforehand.
- listenallyall 5y agoLol. I mean they probably did go through some of these motions but there is no way to trust the predictive value of such methods in a constantly-changing and competitive industry.