Thursday, June 30, 2011

critique of dying companies

while it may be true that some businesses such as blockbuster, myspace, and saab are slowly fading away and falling behind their competitors, i think that it could possibly work out that these businesses will make a rebound. To me blockbuster has the most realistic chance to make a rebound because of what it offers that other companies do not. Blockbuster is fading because of the rise of netflix and other companies that provide streaming video and unlimited movies for a low monthly fee. its my belief that eventually netflix will level off and blockbuster will make a comeback. just as online shopping grew in popularity and then declined because people enjoy being able to see the tangible item and have it with them all the time. even though it may be easier to just download the movie online, eventually people are going to long for the old days where they could go to a store and actually see and experience looking for a movie. blockbuster needs to hold on and keep surviving because eventuall they will experiece a comeback. as for now they need to spread out and focus on providing some of the internet services that their competition does but not go all the way into internet. people enjoy the tangible too much to stick with online anything for too long. if this theory were true, everything would be done online because its much simple and easier for people who are lazy and dont want to leave their house.

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