Advertise with MyTradeTV! Promote your content! Please contact us on 01924 918171

logo2mytradetv

No Longer Creating the Experience (Blockbuster parody video link included)

Some of the UK’s longstanding high-street retailers have been battered over the last couple of days, with both HMV and Blockbusters calling in administrators.

Over 8,000 jobs are at risk across the two chains, increasing the potential number of job losses from the retail sector in the last two months of nearly 20,000; including the demise of Comet in December 2012 and Jessops a week ago.

Business Analyst’s are contributing the retailers downfall to one main contribution; ‘failing to align their businesses with how the consumer use and access different media’.

HMV, one of the countries much loved music retailer, failed to stream their business through on-line methods, seeing massive competition from the likes of ‘Amazon and Apple iTunes’. Digital sales of music have risen exponentially in the decade, since its launch in 2003, while CD sales continued to crash.

HMV, own attempts to provide a similar service, never took off, mainly down to the lateness in enter to market and continuous fierce competition from other streaming companies. They also made an attempt to engage consumers on-line with their own web-store. However, ‘one click’ ordering, cheaper products and quicker delivery from Amazon, the UK’s largest on-line retailer, meant HMV continued to lose ground.

Blockbusters, also struggled after coming under pressure from more modern ways of accessing films and games. Services through streaming sites such as Amazon, Lovefilm, Netflix and Tesco’s Blinkbox have made the competition in this market, increasingly crowded.

Neither business embraced the way in which people wish to consume such media and with last year’s top selling products being tablets, games consoles, smart phones and Smart TVs accessibility to on-line services will continue to increase and grow.

Embracing new technology can sometimes be daunting, but it is evident that selling methods are changing. Accessibility to products and services need to be exposed in a way which allows the consumer to experience a relaxed and easy way to shop.

Our retail sector is a benchmark to the rest of us; their brands, their promotions, their methods of selling. None of us wish to see any further decline in economic input or job losses, so learning from these latest retail casualties and their failures to react to change, is one lesson we should embrace.

 

http://www.youtube.com/watch?feature=player_embedded&v=3TrPwOrf4sM

The Blockbuster Video Living Museum offers tourists a glimpse of how Americans rented movies before the advent of services like Netflix and iTunes.

Leave A Comment

five × five =

  • Access Control
  • Advice
  • Advice & Tips
  • Air Conditioning
  • ALEX Expo
  • Aluminium
  • Aluminium Windows
  • Appointments
  • Appointments
  • Appointments
  • Architects & Specifiers
  • Architecture
  • Associations & Regulators
  • Auto Locksmith
  • Auto Locksmith Tools
  • Auto Locksmith Tools
  • Auto Locksmith Training
  • Awards
  • Awards
  • Awards
  • Blinds
  • Blinds
  • Boilers (Service & Repair)
  • Building
  • Carousel 1 Category
  • Case Studies
  • Casement Windows
  • CCTV
  • CE Marking
  • Certification
  • Charity
  • Colour Coating
  • Colour Coating & Foiling
  • Competitions
  • Composite Doors
  • Conservatories
  • Conservatories & Orangeries
  • Conservatory Roofs
  • Construction Consumer Advice
  • Consumables
  • Consumer News Glazing
  • Cylinders
  • Decorative Glass
  • Decorative Glass
  • Demolition
  • DGCOS News
  • Diagnostics
  • Digital locks
  • Door Hardware
  • Door Hardware
  • Doors
  • Drainage
  • Editor's Corner
  • Energy Efficient Windows
  • Energy Saving
  • Events-Exhibitions & Associations
  • Exhibitions
  • Exhibitions & Associations
  • Fabricators
  • Featured
  • Fensa News
  • Fensterbau 2014
  • Fire Proof Glass
  • FIT Show 2016
  • Foiling
  • Folding/Sliding Doors
  • Furniture
  • G13 Awards
  • G14 Awards
  • Gas
  • Genaeral
  • General
  • General
  • General Locksmith Tools
  • General News
  • General News
  • General news
  • General news
  • GGF
  • GGF News
  • Glass
  • Glazing
  • glazing
  • Glazing Consumer Advice
  • GQA Qualifications
  • Green Deal
  • Guest Blogs
  • Hardware
  • Hardware
  • Hardware
  • Health & Safety
  • Health & Safety
  • Health & Safety
  • Health & Safety
  • Health & Safety
  • Heating Spares & Controls
  • Helen Duval
  • Home Improvement
  • IGU Manufacturing
  • Installers
  • Insulation
  • Interactive magazines
  • Interactive magazines
  • Interactive Magazines
  • Interactive News/Mags
  • Key Cutting
  • Key Cutting Machinery
  • Key Cutting Machines
  • Keys/Fobs & programming
  • Kitchens & Bathrooms
  • Lead Generation
  • Lock Cases
  • Lock Expo 2015
  • Lock Expo 2015
  • Lock Safes
  • Locksmith
  • Locksmith Consumer Advice
  • Locksmith Profiles
  • Locksmith Tools
  • Machinery
  • Marketing
  • Marketing – Installers
  • Marketing – Manufacturing
  • Mechanical Access
  • MLA Expo 2015
  • MLA Expo 2015
  • Mortice
  • MyTradeTV Blogs
  • Newsletter Left
  • Newsletter Right
  • Newsletters
  • NFA Awards
  • NFA Awards 2014
  • NFA Awards 2015
  • Online Ordering
  • Online ordering
  • Orangeries
  • Padlock
  • Panel
  • PHEX – Alexandra Palace
  • PIGS
  • Piping
  • Plumbing
  • Plumbing & Heating
  • Podcasts
  • Profiles
  • Pumps & Filters
  • PVCu
  • Safes
  • Safety Glass
  • Sash Windows
  • Solar
  • Solar Controlled Glass
  • Sound Reduction Glass
  • spacer/warmedge
  • Spares & Repairs
  • Spares & Repairs
  • Speciality Glass
  • Sustainable Building
  • Talking Points
  • Team Blogs
  • Testing
  • TGQ
  • The Fit Show 2014
  • Timber
  • Timber Windows
  • Tools
  • Tools
  • Tools & Power Tools
  • Tools & Power Tools
  • Tools & Power Tools
  • Toughened Glass
  • Trade Association News
  • Trade Associations
  • Trade Counters
  • Trade Info
  • Training Centres
  • Transport
  • Transport
  • Transport
  • Transport
  • Triple Glazing News
  • UAP/Tradelocks
  • UAP/Tradelocks.
  • UK Construction Week
  • Uncategorized
  • UPVC Windows
  • Van Security
  • Van Security
  • Ventilation
  • Video News
  • Videos
  • Water Treatment/Waste Management
  • Web Design
  • Web Design & SEO
  • Web Design & SEO
  • Window Hardware
  • Window Hardware
  • Windows
  • Channel Selector
    Your default channel is: Glazing
    Tune in to Other Channels:
    Glazing
    Locksmith
    Plumbing & Heating
    Kitchens & Bathrooms