Online Movie Rentals — Everything that Picture Followers Require
Consumers have a number of options when it comes to viewing movies at home. Two of the most used are renting movies at the area video store and renting movies via an on line service. An informal survey was recently conducted on a home electronics/entertainment site about the movie viewing habits of website visitors. The outcome pointed to some of the misconceptions that also exist about online rental of DVDs by consumers that have not even tried the service.
Participants in the survey were asked a number of questions, including how often they watch movies at home, whether or not they rent movies online, and or even, why. Nearly 28% of the responding indicated which they rent movies online. Of the rest, probably the most frequently cited reason for not having an online movie rental service was concern which centered round the perception that online movie rental could be more expensive than the area video store. When considering several scenarios it becomes evident which method is commonly more affordable.
For people who indicated which they watch only 1 to 3 movies monthly the savings from renting online are small. Renting 2 movies monthly at the area video store would average around $7.40 whereas renting from Netflix for example, should they chose the program khatri maza that has a limit of 2 movies monthly, would run $5.99. After obtaining a video at the area store the consumer would have overnight or perhaps seven days to return the movie but an on line rental would allow them to help keep the movie for an unlimited period of time.
For those people who responded which they view 1-3 movies per week, the savings could be more significant. For instance, renting 8 movies monthly would run around $29.55 at the area store and as little as $14.99 online should they chose the “2 out at a time” plan or $17.99 for the “3 out at a time” plan. As viewing increases so does the likelihood of experiencing greater savings.
For folks who responded which they view 4 movies per week (averaged out to 16 per month) the typical cost at the area store could be $59.04 while online rental could be $23.99 allowing the consumer “4 out at a time” ;.Renting via a service like Netflix generally does not limit how many movies a person views but rather, how many movies they are able to have out at any given time. Therefore rentals are just about unlimited with most of the plans.
The 2nd most frequently cited reason for not utilizing online movie rental services was that the patient 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 anyone to decide at 6:00 p.m. that they would like to see The Queen and receive it so that they may be viewing the movie by 8:00 p.m. However, the delay for receiving movies selected through the mail is 1 business day which may seem sufficient generally in most instances.
The continuing 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 with a streaming service that is available nowadays for some movies. The service should be quicker than most download services as streaming allows viewing of the movie as it is streamed rather than waiting until download is complete. Although a full transition from the current mail delivery system to a download form of service will need time, it’s clear that immediacy will only continue steadily to improve. It would appear that other online movie rental services would follow suit in coming years in order to compete.