You know Winston It may be that the closing rat
Post# of 96892
Posted On: 12/17/2015 1:46:09 PM
You know Winston
It may be that the closing ratio is greater for NTEK than for other companies that have high internet interest ratings.
This is 4K TV's. The infrastructure of movies, entertainment, streaming etc is already there. People that pay new money for a 4K tv already own a tv and I bet that even that tv was a recent purchase. These buyers are actively looking for the 4 new viewing experience. They will aggressively search for 4K product. These buyers already own a tv. They can already see movies. They specifically want to see the movies better, and this buyer is either slightly higher socio-economics or they are really motivated to want to watch the better experience.
People that buy the new Roku 4 already own a Roku product (i am guessing). They are motivated and they have $$$. They want the next level.
For some funny reason, the players like Netflix that should have captured the 4K tv market failed to do so. That leaves tiny NTEK all out in front with content and a better streaming capability and an ability to stop online thieves. All of it at the very best 4k service level.
I think all K&T is arguing is that our closing ratio is higher. We don't charge a subscription fee. We will earn what our customers believe we should earn base on the service we provide.
K&T is sort of on the tip of the spear, because he can see these future services more clearly that most of us. Unless he is just on drugs, but I don't perceive that. Just kidding K&T.
NTEK is at the apex of the Cord Cutting movement. We earn money when customers, movie after movie, or live event after live event, decide we deserve to be paid on the spot for our effort. Pure capitalism. No accounts receivable. All CC payments.
Paul
It may be that the closing ratio is greater for NTEK than for other companies that have high internet interest ratings.
This is 4K TV's. The infrastructure of movies, entertainment, streaming etc is already there. People that pay new money for a 4K tv already own a tv and I bet that even that tv was a recent purchase. These buyers are actively looking for the 4 new viewing experience. They will aggressively search for 4K product. These buyers already own a tv. They can already see movies. They specifically want to see the movies better, and this buyer is either slightly higher socio-economics or they are really motivated to want to watch the better experience.
People that buy the new Roku 4 already own a Roku product (i am guessing). They are motivated and they have $$$. They want the next level.
For some funny reason, the players like Netflix that should have captured the 4K tv market failed to do so. That leaves tiny NTEK all out in front with content and a better streaming capability and an ability to stop online thieves. All of it at the very best 4k service level.
I think all K&T is arguing is that our closing ratio is higher. We don't charge a subscription fee. We will earn what our customers believe we should earn base on the service we provide.
K&T is sort of on the tip of the spear, because he can see these future services more clearly that most of us. Unless he is just on drugs, but I don't perceive that. Just kidding K&T.
NTEK is at the apex of the Cord Cutting movement. We earn money when customers, movie after movie, or live event after live event, decide we deserve to be paid on the spot for our effort. Pure capitalism. No accounts receivable. All CC payments.
Paul
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