you seem to be a professional apologist for QFX - looking at all your previous posts (only QFX, and RMA and DES - but in support of QFX)
Netflix is a model that works well in the US, because they are a catalog based society (americans buy everything up to furniture from catalogs (now online) without seeing the product, whilst Australians prefer to interact), US post works 6 days per week, and, post can be sent directly from your own letter box (push flag up) - so, the system is easier and better for post. The catalog society nature thus lends itself to a Netflix, when coupled with US post.
Australia post by comparison can take days to deliver standard mail.
Not a great comparison, as local market adaptation is difficult - as is evidenced by the fact that 75% of households rent videos (www.abs.gov.au), but after two years of operation less than .32% rent via post.
In the US, after some 11 years of operations, Netflix is around 13% of the overall market (see www.blockbuster.com annual report with market data) - and the video store chains are now fighting back and reclaiming market share. Netflix got a jump at a great time - not sure same applies to QFX
DES Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
