Netflix Tokyo Store Taps TV Fandoms, Furthering Retail Push
Signifying the media landscape’s continuing bleed into retail, Netflix is opening a flagship in Tokyo in early 2022. The move follows its Netflix.shop online merchandise store, launched in June, with both capitalising on lockdown-fuelled subscription surges; Japan now has five million Netflix subscribers, up from two million during summer 2019.
The primarily discovery-focused space will feature recreated sets from Netflix original shows including 2019 Japanese comedy-drama The Naked Director alongside an installation that explains how Netflix’s famed recommendation algorithm – which splits viewers into more than 2,000 ‘taste groups’ – functions. Building on tech brands’ use of bricks-and-mortar locations to foster consumer trust (54% globally don’t trust most of the brands they use – Edelman, 2020), it aims to give Netflix a sense of tangibility and accountability, akin to TikTok’s recent London pop-up. For more, see The Brief.
Merchandising allows Netflix to diversify its revenue streams and expand the world of its shows, giving fandoms new ways to connect to its programming. Both its Tokyo store and Netflix.shop will enable the streaming service to meet demand for merchandise related to trending shows, such as pop-culture phenomenon Tiger King, which spawned both fan-made and unofficial products. The Netflix.shop will also feature collaborations with labels including Tokyo-based fashion brand Beams – affirming its ambitions to strengthen its foothold in Japan.
While the Tokyo shop will be Netflix’s first standalone flagship, in 2018, the platform partnered with Burrow on the US sofa brand’s debut flagship in SoHo, New York – letting shoppers trial couches while watching an hour of Netflix. See Retail Meets Media for details.