Mike Hart, Director of engineering for APIs at Netflix told FastCompany:
“It’s very nascent, as of a couple days ago. We’re entering a bunch of new markets, internationally. There will be less brand recognition, less word of mouth. So viral acquisition strategies have the potential to gain for us endless new markets.Difference in strategy
“[Zuckerberg] firmly believes that all the surviving services, the leaders in their spaces in the next decade, will be social through-and-through. We think it’s worth a bet to invest in that kind of vision to realize bigger gains for the business as well as to protect us from potential disrupters entering our space and leveraging those types of technologies.”
The old social strategy by Netflix was a limited version, embedded in ideas of community that predates current state of the Web, which expressed itself in sharing tools for the users' recommendationsand reviews. The new strategy though is based upon the diffusion of social networks-like Facebook- which fundamentally changes the way how companies market their products and the opportunities of co-creational marketing.
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