SlideShare uma empresa Scribd logo
1 de 17
IN NIGERIA
by Brittney Johns
• In January 2016, Netflix launched in over 130 countries.
• As of April 2016, there are over 81 million subscribers worldwide,
with 4.5 million subscribers are outside the United States.
• Reasons for the global expansions are the oversaturated of the
United States market.
0
10
20
30
40
50
60
70
80
90
Netflix Amazon Hulu Crackle
Number of Subscribers
total subscribers paid & used subscribers
Beat their American
competitors in terms of
subscriptions, markets,
content and revenues.
• Unlike their United States competitors, Netflix has expand to many
countries across the world with potential to increase content and
revenue.
• Great expansions, comes great opportunities in different markets
with unique perspective.
• One country that can offer Netflix generous amount of revenue,
opportunities, and content:
Why Nigeria
• Nollywood: generate over USD$3.9billion and produce over 1000
films a week.
• Growing middle and affluent class: 40million of the population
are consider in this group.
• Potential mobile market: 150 million mobile subscribers.
• Active internet users: Over 97 millions Nigerians are online.
ISSUES
• Inconsistency with the size
Nigerian's middle and
affluent class.
• Quality of Nollywood films.
• Piracy: established black
market and lack of regulation.
• Availability of the mobile
market.
• Internet and mobile data is
limited to urban areas,
spotty, and expensive.
• Established competitors in
Nigeria with a loyal fan base.
Middle Class Divided 34.5 Million $2- $20 per day
“Floating” class 17.25 million $2 - $4
Middle Class 11.55 million $4 -$10
Upper Middle Class 5.7 million $10 - $20
Wealthy Class 4.1 million $20 and above
CLASSIFCIATION OF FILMS NUMBER
OF FILMS
IN NAIRA IN USD
Modest-Budget 600 – 700 N10 million and
below
$50,000 and below
“B” Films 200 N10 – N20 million $50,000 – 75,000
Blockbusters 100 N50 – N150 million $250,000 -
$750,000
Why should Netflix create a digital marketing
campaign in Nigeria?
SOLUTIONS
RECOMMENDATIONS
• Further research needed to be done in terms of availability of mobile market,
audience, and socioeconomics.
• Wait for the technology to improve and mobile and internet to become more
affordable.
• Work with telecommunication companies to make Netflix and data-based
package available to subscribers.
• Buy and/or produce Nollywood content for local and international audience.
• Learn the strength and weakness of potential competitors in Nigeria.
STAGES TARGET SUBSCRIBERS REVENUE YEARS
Stage One (Jan. 2016-Jan. 2017) 100,000 $1 million 1
Stage Two (Jan. 2017 – June 2018) 4 million $40 million 1.5
Stage Three (Aug. 2018 – Oct. 2019) 8 million $80 million 1.3
Stage Four (Dec. 2019 – Dec. 2021) 12 million $120 million 2
Stage Five (Jan. 2022 – Jan. 2023) 16 million and more $163 million 1
STAGES
STAGES
• STAGE 1: Wait a year for complete data report on the total number
of subscribers in Nigeria.
• Numbers positive and reach goal, continue to Stage 2.
• Numbers are negative, extended to six months until target reached.
• STAGE TWO: Focus on the affluent class, while start official talks
with GSMA companies.
• STAGE THREE: Transition to middle class, preparation for MTN-
Netflix Partnership.
• STAGE FOUR: MTN-Netflix
partnership debate, Target
"floating class"
• STAGE FIVE: Video Compression
Testing Begins.
Conclusion
• There is great potential for the Nigerian market.
• However, there are some issues that needs to be resolved for Netflix
to make the next step.
• Once these issues are settled and follow the recommendations,
then they can move forward in creating a digital campaign to grow
their audience and raise revenue.

Mais conteúdo relacionado

Semelhante a Netflix in Nigeria

Africa road show 2015: Kasvavat Afrikan markkinat avautuvat Saharan eteläpuol...
Africa road show 2015: Kasvavat Afrikan markkinat avautuvat Saharan eteläpuol...Africa road show 2015: Kasvavat Afrikan markkinat avautuvat Saharan eteläpuol...
Africa road show 2015: Kasvavat Afrikan markkinat avautuvat Saharan eteläpuol...Business Finland
 
Drivers for real estate
Drivers for real estateDrivers for real estate
Drivers for real estateVICTOR NKWOCHA
 
Netflix: Digital Marketing Evaluation of the Over-the-top Media-Service Provider
Netflix: Digital Marketing Evaluation of the Over-the-top Media-Service ProviderNetflix: Digital Marketing Evaluation of the Over-the-top Media-Service Provider
Netflix: Digital Marketing Evaluation of the Over-the-top Media-Service ProviderSagarChaujar
 
5. Marketing and Promotion in The UK Entertainment Industry
5. Marketing and Promotion in The UK Entertainment Industry5. Marketing and Promotion in The UK Entertainment Industry
5. Marketing and Promotion in The UK Entertainment IndustryIGilmore
 
Generating Awareness and Revenue in China's Social Media
Generating Awareness and Revenue in China's Social MediaGenerating Awareness and Revenue in China's Social Media
Generating Awareness and Revenue in China's Social MediaSandeep Bahl
 
Media & Entertainment Industry 2012
Media & Entertainment Industry 2012Media & Entertainment Industry 2012
Media & Entertainment Industry 2012Mayank Dixit
 
walt disney strategy management
walt disney strategy managementwalt disney strategy management
walt disney strategy managementaditi sehgal
 
Media kit binb eng_2011
Media kit binb eng_2011Media kit binb eng_2011
Media kit binb eng_2011Drecko Dark
 
"Do you speak global?" Internationale Kommunikation und Pressearbeit
"Do you speak global?" Internationale Kommunikation und Pressearbeit"Do you speak global?" Internationale Kommunikation und Pressearbeit
"Do you speak global?" Internationale Kommunikation und Pressearbeitnews aktuell
 
Hoppler Real Estate Trends 2017
Hoppler Real Estate Trends 2017 Hoppler Real Estate Trends 2017
Hoppler Real Estate Trends 2017 Hoppler
 
The Venture Capital Opportunity in Asia
The Venture Capital Opportunity in AsiaThe Venture Capital Opportunity in Asia
The Venture Capital Opportunity in AsiaGVA
 
Mobile video content in sub-Saharan Africa
Mobile video content in sub-Saharan AfricaMobile video content in sub-Saharan Africa
Mobile video content in sub-Saharan AfricaTulanana Bohela
 
I Bytes Retail & Consumer Goods industry
I Bytes Retail & Consumer Goods industryI Bytes Retail & Consumer Goods industry
I Bytes Retail & Consumer Goods industryEGBG Services
 

Semelhante a Netflix in Nigeria (20)

Africa road show 2015: Kasvavat Afrikan markkinat avautuvat Saharan eteläpuol...
Africa road show 2015: Kasvavat Afrikan markkinat avautuvat Saharan eteläpuol...Africa road show 2015: Kasvavat Afrikan markkinat avautuvat Saharan eteläpuol...
Africa road show 2015: Kasvavat Afrikan markkinat avautuvat Saharan eteläpuol...
 
Yahoo
YahooYahoo
Yahoo
 
Marketing Plan 3101.pptx
Marketing Plan 3101.pptxMarketing Plan 3101.pptx
Marketing Plan 3101.pptx
 
Drivers for real estate
Drivers for real estateDrivers for real estate
Drivers for real estate
 
MygaCom_Business_Plan
MygaCom_Business_PlanMygaCom_Business_Plan
MygaCom_Business_Plan
 
Netflix: Digital Marketing Evaluation of the Over-the-top Media-Service Provider
Netflix: Digital Marketing Evaluation of the Over-the-top Media-Service ProviderNetflix: Digital Marketing Evaluation of the Over-the-top Media-Service Provider
Netflix: Digital Marketing Evaluation of the Over-the-top Media-Service Provider
 
5. Marketing and Promotion in The UK Entertainment Industry
5. Marketing and Promotion in The UK Entertainment Industry5. Marketing and Promotion in The UK Entertainment Industry
5. Marketing and Promotion in The UK Entertainment Industry
 
Generating Awareness and Revenue in China's Social Media
Generating Awareness and Revenue in China's Social MediaGenerating Awareness and Revenue in China's Social Media
Generating Awareness and Revenue in China's Social Media
 
Media & Entertainment Industry 2012
Media & Entertainment Industry 2012Media & Entertainment Industry 2012
Media & Entertainment Industry 2012
 
walt disney strategy management
walt disney strategy managementwalt disney strategy management
walt disney strategy management
 
Media kit binb eng_2011
Media kit binb eng_2011Media kit binb eng_2011
Media kit binb eng_2011
 
Netflix
NetflixNetflix
Netflix
 
"Do you speak global?" Internationale Kommunikation und Pressearbeit
"Do you speak global?" Internationale Kommunikation und Pressearbeit"Do you speak global?" Internationale Kommunikation und Pressearbeit
"Do you speak global?" Internationale Kommunikation und Pressearbeit
 
Hoppler Real Estate Trends 2017
Hoppler Real Estate Trends 2017 Hoppler Real Estate Trends 2017
Hoppler Real Estate Trends 2017
 
The Venture Capital Opportunity in Asia
The Venture Capital Opportunity in AsiaThe Venture Capital Opportunity in Asia
The Venture Capital Opportunity in Asia
 
Mobile video content in sub-Saharan Africa
Mobile video content in sub-Saharan AfricaMobile video content in sub-Saharan Africa
Mobile video content in sub-Saharan Africa
 
Globalization
GlobalizationGlobalization
Globalization
 
Netflix final
Netflix finalNetflix final
Netflix final
 
Brand Audit Netflix.pdf
Brand Audit Netflix.pdfBrand Audit Netflix.pdf
Brand Audit Netflix.pdf
 
I Bytes Retail & Consumer Goods industry
I Bytes Retail & Consumer Goods industryI Bytes Retail & Consumer Goods industry
I Bytes Retail & Consumer Goods industry
 

Mais de Brittney Johns

Barnes & Noble: the social problem
Barnes & Noble: the social problemBarnes & Noble: the social problem
Barnes & Noble: the social problemBrittney Johns
 
Barnes & Noble: the social experiment
Barnes & Noble: the social experiment Barnes & Noble: the social experiment
Barnes & Noble: the social experiment Brittney Johns
 
Weight loss & Diet Industry
Weight loss & Diet IndustryWeight loss & Diet Industry
Weight loss & Diet IndustryBrittney Johns
 
Pixar Plus: An App (media economics & brand strategy)
Pixar Plus: An App (media economics & brand strategy)Pixar Plus: An App (media economics & brand strategy)
Pixar Plus: An App (media economics & brand strategy)Brittney Johns
 
Social Media & Branding Strategy for Small Business: Results
Social Media & Branding Strategy for Small Business: ResultsSocial Media & Branding Strategy for Small Business: Results
Social Media & Branding Strategy for Small Business: ResultsBrittney Johns
 
Social Media & Branding Strategy for Small Business
Social Media & Branding Strategy for Small BusinessSocial Media & Branding Strategy for Small Business
Social Media & Branding Strategy for Small BusinessBrittney Johns
 

Mais de Brittney Johns (8)

Netflix in Nigeria 1
Netflix in Nigeria 1Netflix in Nigeria 1
Netflix in Nigeria 1
 
Barnes & Noble: the social problem
Barnes & Noble: the social problemBarnes & Noble: the social problem
Barnes & Noble: the social problem
 
Barnes & Noble: the social experiment
Barnes & Noble: the social experiment Barnes & Noble: the social experiment
Barnes & Noble: the social experiment
 
Weight loss & Diet Industry
Weight loss & Diet IndustryWeight loss & Diet Industry
Weight loss & Diet Industry
 
Pixar Plus: An App (media economics & brand strategy)
Pixar Plus: An App (media economics & brand strategy)Pixar Plus: An App (media economics & brand strategy)
Pixar Plus: An App (media economics & brand strategy)
 
Social Media & Branding Strategy for Small Business: Results
Social Media & Branding Strategy for Small Business: ResultsSocial Media & Branding Strategy for Small Business: Results
Social Media & Branding Strategy for Small Business: Results
 
Social Media & Branding Strategy for Small Business
Social Media & Branding Strategy for Small BusinessSocial Media & Branding Strategy for Small Business
Social Media & Branding Strategy for Small Business
 
Operation ReBrand Me
Operation ReBrand MeOperation ReBrand Me
Operation ReBrand Me
 

Último

Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Delhi Call girls
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Lviv Startup Club
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Roland Driesen
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
Unlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdfUnlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdfOnline Income Engine
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Centuryrwgiffor
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...Any kyc Account
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayNZSG
 
Understanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key InsightsUnderstanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key Insightsseri bangash
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetDenis Gagné
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 

Último (20)

Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
Unlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdfUnlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdf
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
Understanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key InsightsUnderstanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key Insights
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 

Netflix in Nigeria

  • 2. • In January 2016, Netflix launched in over 130 countries. • As of April 2016, there are over 81 million subscribers worldwide, with 4.5 million subscribers are outside the United States. • Reasons for the global expansions are the oversaturated of the United States market.
  • 3. 0 10 20 30 40 50 60 70 80 90 Netflix Amazon Hulu Crackle Number of Subscribers total subscribers paid & used subscribers Beat their American competitors in terms of subscriptions, markets, content and revenues.
  • 4. • Unlike their United States competitors, Netflix has expand to many countries across the world with potential to increase content and revenue. • Great expansions, comes great opportunities in different markets with unique perspective.
  • 5. • One country that can offer Netflix generous amount of revenue, opportunities, and content:
  • 7. • Nollywood: generate over USD$3.9billion and produce over 1000 films a week. • Growing middle and affluent class: 40million of the population are consider in this group. • Potential mobile market: 150 million mobile subscribers. • Active internet users: Over 97 millions Nigerians are online.
  • 8. ISSUES • Inconsistency with the size Nigerian's middle and affluent class. • Quality of Nollywood films. • Piracy: established black market and lack of regulation. • Availability of the mobile market. • Internet and mobile data is limited to urban areas, spotty, and expensive. • Established competitors in Nigeria with a loyal fan base.
  • 9. Middle Class Divided 34.5 Million $2- $20 per day “Floating” class 17.25 million $2 - $4 Middle Class 11.55 million $4 -$10 Upper Middle Class 5.7 million $10 - $20 Wealthy Class 4.1 million $20 and above CLASSIFCIATION OF FILMS NUMBER OF FILMS IN NAIRA IN USD Modest-Budget 600 – 700 N10 million and below $50,000 and below “B” Films 200 N10 – N20 million $50,000 – 75,000 Blockbusters 100 N50 – N150 million $250,000 - $750,000
  • 10. Why should Netflix create a digital marketing campaign in Nigeria?
  • 12. RECOMMENDATIONS • Further research needed to be done in terms of availability of mobile market, audience, and socioeconomics. • Wait for the technology to improve and mobile and internet to become more affordable. • Work with telecommunication companies to make Netflix and data-based package available to subscribers. • Buy and/or produce Nollywood content for local and international audience. • Learn the strength and weakness of potential competitors in Nigeria.
  • 13. STAGES TARGET SUBSCRIBERS REVENUE YEARS Stage One (Jan. 2016-Jan. 2017) 100,000 $1 million 1 Stage Two (Jan. 2017 – June 2018) 4 million $40 million 1.5 Stage Three (Aug. 2018 – Oct. 2019) 8 million $80 million 1.3 Stage Four (Dec. 2019 – Dec. 2021) 12 million $120 million 2 Stage Five (Jan. 2022 – Jan. 2023) 16 million and more $163 million 1 STAGES
  • 15. • STAGE 1: Wait a year for complete data report on the total number of subscribers in Nigeria. • Numbers positive and reach goal, continue to Stage 2. • Numbers are negative, extended to six months until target reached. • STAGE TWO: Focus on the affluent class, while start official talks with GSMA companies. • STAGE THREE: Transition to middle class, preparation for MTN- Netflix Partnership.
  • 16. • STAGE FOUR: MTN-Netflix partnership debate, Target "floating class" • STAGE FIVE: Video Compression Testing Begins.
  • 17. Conclusion • There is great potential for the Nigerian market. • However, there are some issues that needs to be resolved for Netflix to make the next step. • Once these issues are settled and follow the recommendations, then they can move forward in creating a digital campaign to grow their audience and raise revenue.