Wednesday, November 7, 2007

BlockBuster's Broke

VS

Is Blockbuster next on the list to be out of business?According to Blockbuster, Netfilix has caused major problems for the company.They tried to combat the losses inflicted by Netflix by lowering their prices.Even with the lower prices, Blockbuster is still doomed.
Blockbuster says there will be major lay offs in the near future.They've already closed 526 stores in the past year.Things look bleak for Blockbuster with stock shares down to a measly 5.06
An online survey asked people if they would continue to use Blockbuster in the future. Out of 46,631 votes, there were36,691 votes for no and 9,940 who said they would to continue using Blockbuster.I read several complaints about Blockbuster. Most of them where customer service complaints. Everything from rude staff, movie availability, length of rentals, to over the top late fees.Maybe their days are numbered.


Netflix recorded a 26% drop in subscriptions this quarter, so maybe mail order videos isn't the next best thing.Maybe if Blockbuster revamped some store policies , and worked on their customer service skills, their customers would return.


What I'm saying iz...Personally, I'm a little too impatient to be waiting around for my movies to show up in the mail. What if you're with girl/boyfriend, and you decided to watch a movie?Hey hun, lets go get a movie or hey hun, lets go online, order some movies, and wait a few days for it to show up.I might not want to watch a movie by then. What would you do?

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