Exclusive Interview with Antenna Co-Founder-CEO Jonathan Carson
Jul 12, 2024
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Jonathan Carson, Co-Founder and CEO of Antenna, discusses unique subscriber metrics analysis. Topics include evolution of ad tiers, impact of technology and AI on advertising, bundling strategies for customer loyalty, pricing optimization, and growth of specialty S-FOD streaming services.
Streaming services witness a rise in ad-supported subscriptions, affecting consumer behavior and attracting new subscribers.
Strategic bundling is crucial for optimizing customer value in the streaming sector, with discounts playing a role in customer retention.
Deep dives
Advertising Trends in Streaming Services
Streaming services have seen a significant rise in ad-supported subscriptions, with consumers showing a willingness to accept ads in exchange for discounted content. The shift towards advertising in the streaming market has transformed consumer behavior, with options for ad-supported plans attracting a substantial portion of new subscribers. Services like Netflix and Peacock showcase varying levels of ad adoption among subscribers, influenced by factors such as price differentials and programming content.
Bundle Strategy and Subscriber Behavior
The podcast highlights the importance of strategic bundling in the streaming industry as a means to attract and retain subscribers. By analyzing customer behavior between committed and curious subscribers, services like Hulu and Netflix tailor their bundling strategies to optimize customer lifetime value. However, the challenge lies in offering substantial discounts to entice customers towards annual plans, a tactic that has proved effective in sectors like health and wellness apps.
Impact of Price Increases on Subscriber Dynamics
Data analysis indicates that price increases in streaming services have generally been successful, translating into higher revenue despite minimal subscriber loss. The trend showcases a move towards optimizing profitability through strategic pricing decisions. However, caution is advised as excessive price hikes can potentially shift consumer perceptions, as observed in the case of Netflix, emphasizing the delicate balance required in managing price adjustments in the industry.
Future Trends and Specialty Subscription Services
The upcoming Antenna report will focus on niche streaming services and their growing significance in the market landscape. Specialty SVOD providers targeting specific audiences, such as BritBox and Hallmark, are poised to outpace larger competitors by catering to unique viewer preferences not extensively covered by major players. As consolidation looms in the industry, these niche offerings present an exciting opportunity for growth and innovation in the streaming sector.
Antenna’s research is a must-read for streaming industry executives. Jonathan Carson, Antenna’s Co-Founder and CEO, joins us for an exclusive deep-dive into its latest report.
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