Competitors Quote by Reed Hastings
“Not every show has to work equally well. It just has to work better than any competitor because then we can outbid for the content.”
About This Quote
Source Interview: Business Insider, 2015
A product must outperform competitors, not be perfect, to secure market advantage and higher revenue.
In simple terms: Be better than rivals to win.
Focus on outperforming competitors.
Themes
Mood
Type
When to use this quote
- product launch
- pricing strategy
- advertising campaigns
- content acquisition
Key Concepts
Questions to Reflect On
- What makes a product truly superior?
- How do you balance quality and cost?
Being better may require unsustainable costs.