A Product Service System: Peerflix

Science & Technology (product service system)

Over the past year Netflix, and more recently Blockbuster, have both become so popular that almost everyone you talk to is signed up for their services. However, a new company called Peerflix might give them a good run for their money. Launched by two friends in California, Peerflix has been around for about a year now but in the past few months alone their user number has grown to about 40,000. Billy McNair, co-founder of Peerflix, said that the company’s research shows that 60% of the 4 billion discs sold over the past eight years were only watched twice. The difference between Peerflix and the other online services is this: Peerflix is a trading platform.

Now we did have to read through this a few times but we've realized this is a great way to get rid of DVD's we longer watch but at the same time see the latest ones as well. Users make two lists, a “haves” list and a “wants” list. For 99 cents a trade users can swap discs with other users and either keep that disc or swap it again. Just like other online services Peerflix provides a mailing label and shipping envelopes, however, users do have to pay the postage. With DVD sales expected to hit $21 million in 2006 and up to $29 million by 2009, this is one product service system that we might have to consider “swapping” our current service for. Via ::Yahoo News ::Peerflix