Consumers have several options in regards to viewing movies at home. Two of the most popular are renting movies at the neighborhood video store and renting movies via an on the web service. An informal survey was recently conducted on a house electronics/entertainment site about the movie viewing habits of website visitors. The outcome pointed to a number of the misconceptions that also exist about online rental of DVDs by consumers that have not yet tried the service.
Participants in the survey were asked several questions, including how often they watch movies at home, if they rent movies online, and or even, why. Nearly 28% of the responding indicated they rent movies online. Of the rest, the absolute most frequently cited basis for not utilizing an online movie rental service was concern which centered around the perception that online movie rental could be higher priced than the neighborhood video store. When considering a couple of scenarios it becomes evident which method is commonly more affordable.
For people who indicated they watch only 1 to 3 movies monthly the savings from renting online are small. Renting 2 movies monthly at the neighborhood video store would average around $7.40 whereas renting from Netflix like, when they chose the master plan that’s a limit of 2 movies monthly, would run $5.99. After obtaining a video at the neighborhood store an individual could have overnight or simply 1 week to go back the movie but an on the web rental would allow them to keep the movie for an unlimited period of time.
For those people who responded they view 1-3 movies each week, the savings could be more significant. For instance, renting 8 movies monthly would run around $29.55 at the neighborhood store and as little as $14.99 online when they chose the “2 out at any given time” plan or $17.99 for the “3 out at any given time” plan. As viewing increases so does the likelihood of experiencing greater savings.
For individuals who responded they view 4 movies each week (averaged out to 16 per month) the average cost at the neighborhood store could be $59.04 while online rental could be $23.99 allowing an individual “4 out at any given time myflixers Renting by way of a service like Netflix generally doesn’t limit exactly how many movies an individual views but instead, exactly how many movies they could have out at any given time. Therefore rentals are pretty much unlimited with lots of the plans.
The next most regularly cited basis for not utilizing online movie rental services was that the person rented movies on the spur of the minute and did not plan ahead. Certainly renting movies online and receiving them through the mail wouldn’t allow you to definitely decide at 6:00 p.m. that they wish to see The Queen and receive it so they can be viewing the movie by 8:00 p.m. However, the delay for receiving movies selected through the mail is 1 business day which will seem sufficient in many instances.
The future of DVD rental may be changing however as Netflix announced in early 2007 that customers would now have the option of watching movies instantly using a streaming service that’s available nowadays for many movies. The service must be quicker than most download services as streaming allows viewing of the movie as it is streamed as opposed to waiting until download is complete. Although a complete transition from the current mail delivery system to a download type of service can take time, it’s clear that immediacy will simply continue steadily to improve. It appears to be that other online movie rental services would follow suit in coming years to be able to compete.
Consumers who’ve not been initiated into the internet movie rental world also may be unaware of other benefits/features of such services.
* Greater selection- A normal video store has 10,000 to 15,000 titles available whereas the Netflix online movie rental service has over 80,000. This could seem to eliminate the situation of consumers arriving at the store only to get that there surely is nothing there they really want to see.
* You can find no fees linked to the delivery and return of DVD’s; and there is no visiting and from the store as movies are delivered for their door or for their home via streaming.
* Movie selection is assisted by user reviews through online programs like Netflix.
* Trials of online movie rental services are often risk free as you will find free trials available and no cancellation fees.
* You can find never any late fees nor restrictions on what long a video could be kept.
Misconceptions about online movie rental services seem to limit the participation of an important quantity of consumers. Online movie rental probably supplies the services that many consumers want, even if they do not know it yet.