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  • Block Buster

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    zuhair aziz
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    American-based chain of VHS, DVD, Blu-ray, and video game rental Blustores 60,000 employees and 5000 stores in the u.s. And 17 countries world wide. What went wrong! Operated Blockbuster online and the stores separately. No late fees at the store and no incentive to return the movie early. Lack of new releases.

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    American-based chain of VHS, DVD, Blu-ray, and video game rental Blustores 60,000 employees and 5000 stores in the u.s. And 17 countries world wide. What went wrong! Operated Blockbuster online and the stores separately. No late fees at the store and no incentive to return the movie early. Lack of new releases.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    5 views6 pages

    Block Buster

    Uploaded by

    zuhair aziz
    American-based chain of VHS, DVD, Blu-ray, and video game rental Blustores 60,000 employees and 5000 stores in the u.s. And 17 countries world wide. What went wrong! Operated Blockbuster online and the stores separately. No late fees at the store and no incentive to return the movie early. Lack of new releases.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    At a glance

           

    AmericanAmerican-based chain of VHS, DVD, Blu-ray, and video game rental Blustores 60,000 employees and 5000 stores in U.S. and 17 countries world wide Products: Retailing and renting of VHS.DVD, Blu-ray and Video BluGames Revenue US$4.06 Billion (FY 2009) Operating income US$355 Million (FY 2009) Net income US$558 Million (FY 2009) Total assets US$1.54 Billion (FY 2009) Total equity US$(314 Million) (FY 2009)

    What went wrong!


    

     

    Operated Blockbuster online and the stores separately. No late fees at the store and no incentive to return the movie early. Lack of new releases Remained stringently focused

    Lessons from
      

     

    Its important to innovate and operate Change with the change See the business field clearly no matter the size of your market share Tomorrow brings no guarantee Be proactive and tap the changing consumer preferences

    Recommendations
    

     

    The company should have repositioned itself and modified its strategy Opened kiosks much earlier and began closing stores Emulated Netfixs early model of subscriptions and distributions through mail Entered the on demand space before Netfix and iTunes

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