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How Big Data Could Boost Netflix Profits

Combine traditional demographic data with information about Web browsing habits, and what do you get? Far better predictions about what consumers are willing to pay for your service, according to a new paper from Brandeis University economist Benjamin Shiller. As The Washington Post suggests, the tactic could be particularly useful for Netflix as a way of determining how much to charge individual subscribers.

 

Read the whole story at The Washington Post »

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