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Netflix Users Experience Paradox of Abundance
prostoalex writes "The deal seems to be rather simple — you pay a monthly fee, receive a certain number of DVDs, and as soon as you watch them, and send them back, there's more coming. This simple model made Netflix into a $1.4 bln company, but now, Wall Street Journal reports, some Netflix users are experiencing the abundance paradox — the movies arrive, collect dust on the customer's desks, and then are sent back for the new set of movies to face the same fortune. From the article: "'It's a paradox of abundance,' said Siva Vaidhyanathan, a professor of culture and communication at New York University. If people aren't pressured to see a movie in a specific time frame, he said, viewers tend to put it lower on their priority list. 'When you have every choice in front of you, you have less urgency about any particular choice.'"
I know, I'm showing my age, but back when I was in my first year of college I fell for the 10 albums for 1 cent ploy of Columbia Record Club. I paid my couple of $ for the 14 records (you get 10 for one cent, another for putting in some code and for a dollar a piece two more, at the time) and found how they worked. By purchasing you agreed to buy so many records over a two or three year period at "regular prices" which tended to be a bit more than at the local record store. They also sent out, based upon your choice (something Amazon and everyone else tries to do in the decades since) what their computer recommended, which was invariable exactly the music you didn't want, like some universal law, so you had to send back or pay for.
Now Netflix doesn't work exactly that way, as far as I know, but stuff coming in like clockwork isn't the way my tastes for music or film are sated. On impulse I'll suddenly whip out and buy an Etta James collection, because I like some tune she sang back in the days of yor or I'll buzz down to the Bijou and check out Superman Returns From Wherever He Buggered Off To, but I don't do these with any chartable frequency. I tend to buy music, DVDs or old radio plays to listen to on trips or when I feel like it. Having stuff come in on a robotic schedule just isn't going to work, no matter how good the deal.
A feeling of having made the same mistake before: Deja Foobar
This reminds me of my experience with video game emulators. I downloaded a torrent that contained about one hundred N64 games, many of them classics. But since there were so many, none of them were really that amusing and I ended up spending about five minutes on a few games before deleting everything.
>> One positive thing that I have noticed since I started Netflix is that I watch a lot less movies that I *don't* care about much.
I, on the other hand, have been watching *more* movies that I really don't care about. With rentals, it's hard to pay good money for crap movies like "The League of Extraordinary Gentlemen" (currently at the top of my queue). With NetFlix, though, assuming I watch and turn it relatively quickly, I'm only paying $0.80 or so for the rental - and that money is hidden away in a monthly fee that I pay anyway. Given that my tastes wander enough to appreciate B, C, and D-grade science fiction, this is a good deal.
It really does work better than local rental places for me. As soon as we signed up and I realized this, I bought a lot of Netflix stock. That's doing pretty well for me so far, too, so I think I'm not alone.
It doesn't hurt to be nice.
Maybe I'm the only one, but I used to like the record clubs.
... but that's A Bad Thing to do, right kids?), you can really save a lot of money and get a lot of cool entertainment for cheap. But if you either don't use it much and/or then don't cancel, then you're just making some executive's boat payments for him.
I feel a little dirty for saying that now; but this was before I realized that Sony/BMG/Columbia Universal are just various arms of the Great Satan and all that.
I'd do one record club stint every year or so. Basically I'd start making a list of all the albums I wanted, mostly by listening to the radio, or based on friends who had more money than I did and could afford to buy the new releases. Then I'd wait for one of the music clubs to send one of their deals (in later years, one of them had a sweet one, something like '15 CDs for $10 with nothing more to buy ever!') and then go down my list and get all the CDs they had that I wanted. Then I'd cancel it, and spend the next few months / year listening to my new CDs and adding stuff to my list.
Obviously, I wasn't a huge consumer of music. I'm still not, but it let me build a pretty decent CD collection off of my lawn-mowing/summer-job/beer-bottle-return money, which I couldn't have done otherwise at the time. (Well, maybe I could have done almost as well at used-CD/record stores.)
I bring this all up because it's about the same way that I use Netflix today. I go on again and off again with Netflix. I'll basically make up a list, usually starting as a mental one and then progressing to a written one when it gets too long, of all the movies I want to see. Eventually I'll subscribe to Netflix, and over the course of a few months work down the list. When I either exhaust the movies I want to see, or just get bored with watching a movie or recorded TV show every night / every few nights, I'll cancel it.
Right now I'm on my third Netflix iteration (I gave up on the music clubs a while back; I wonder if they're still around?) and about to cancel it, since my interest is starting to peter out.
Whether you can make these systems work for you, or whether you end up being the proverbial sucker that keeps the house in business, depends on your level of patience. If you can bear to not buy anthing for a few months and keep a list of stuff you want to see/hear, and then watch it all at once (or, I suppose, rip it
"Ladies and gentlemen, my killbot features Lotus Notes and a machine gun. It is the finest available."
I stopped renting movies from Blockbuster before Netflix was around. I could never return a rental ontime. It was more like a week or 2 after it was do. With the extra late fees added to the rental, it was cheaper to buy the movie. I just bought the movies instead. Of course, this was when I was single and had money to burn.
Now with a wife and kids, there is no time to goto the movies. Netflix is great to catch up on the movies I missed. Plus, I can easily rent questionable movies like King Kong and Napoleon Dynamite without having to pay $50 to see it in the theater ($10 for 2 people, $20 for food, $20 for a babysitter).