Market Destruction

What do you do when your whole market is dissolved? I think about record stores like Tower records and Blockbuster video. People still buy music and watch movies they just don’t do it the way the companies deliver the media. You probably can’t find a video store now days. They were ran out of business by on demand, Netflix and Redbox. The one thing these companies do didn’t do especially blockbuster is change with the times. The people who started Netflix actually went to Blockbuster when they first got started and asked them did they want to invest and partner with them but Blockbuster was not interested. What a big mistake that was. Brick and Mortar businesses are always hard to sustain. Amazon has an advantage over Best Buy and Walmart not having to have so many store fronts.

About the Author: CDinser