Netflix employs differentiation for its business level strategy. This means that the company tries to exploit product uniqueness for a broad market. When Netflix was first founded, its purpose was to offer customers an old product (rentable movies) in a new format. Instead of having to take the time to drive to a physical location and browse through a selection of titles, customers could browse through titles online and then receive DVDs through the mail, often in just one business day. (According to Netflix, more than 97% of its customers receive their DVDs in about one business day (How Does It Work: 2010). Consumers valued the uniqueness of this type of business model. Netflix also differentiated itself by charging customers based on a subscription fee rather than the traditional per-title basis.