One thing that bothers me personally is that nowadays everything is a membership, but what bothers me most about the subscription model is the fact that the price goes up and up indefinitely and many people really don’t mind paying $2 or more a month.
I mean, let’s take for example the case of Netflix (I know the image is old, but I couldn’t find anything better), where it went from costing $7.99 in 2014 a month to $15.99 in 2019, literally double, and it will surely keep going up and up, if this trend continues and it surely will soon people will be paying $30 a month without any problem.
I understand that a market like Netflix (to follow the initial example) is an expensive market to maintain, both for equipment, staff and licenses and it is obvious that the economy is not the same in 2014 as it was in 2019, but how are people ok knowing that the price doubled in 5 years? If that continues in 2024 the price would be $30, and if it was people would still be fine paying it.
I don’t use Netflix but I understand why people use it, both because of the recommendation algorithm and the simplicity, but damn, if in a year they say they are going to raise the price $5 a month people would be happy to pay it and I don’t understand it, much less those who pay several memberships of the same type (Netflix, Hulu, Peacock, etc).
I don’t think people feel good about it. It does seem like people put up with it, though, which is pretty confusing.
I’m honestly surprised with people paying the extra fee for sharing a Netflix account more than anything.
I guess I understand although that doesn’t mean I don’t think it’s dumb either, I mean, if I’m not wrong (please correct me if I am) it’s necessary to have one of the most expensive subscriptions to be able to share, it seems silly to me, that means I strictly need to know someone pays those expensive subscriptions to save a little bit.