Blockbuster's Place In The Current Movie Rental Market

1441 words - 6 pages

Has e-marketing and the use of the internet hurt Blockbuster's dominance in the movie rental business and if it has what will they have to change in their business plan to regain their market shares? This case has studied the influence of new technologies for delivering movie rentals along with downloading movies directly to your television at home without a customer even getting off their couch. It also examines the impact DVD recorders are going to have on Blockbusters main products like DVD players and VCR's. The case talks about the threats these new innovations are going to have on Blockbusters business potential. Along with what Blockbuster has done to compete with their new competitors like Wal-Mart and Netflix. With the internet changing the way most profitable companies do business Blockbuster has to adapt and follow the new trends our generation. While studying this case, our group analyzed what Blockbuster's strengths and weakness are, combined with what opportunities they have to excel in the new way consumers watch movies and we established the threats that exist with new technology and competitors. Last our group has thought of some new idea's that could help them thrive in the future.

The problem that this case states is, will Blockbuster make the right business plan choices to allow them to compete with the innovation of products and technology of distributing movie rentals. Also is Blockbuster going to be able to adapt and succeed in this new era of renting movies?

The SWOT (Strengths, Weakness, Opportunities, and Threat) analysis for Blockbuster is both positive and negative. The major strength that Blockbuster Inc. has is a brand image over the competition. When new movie releases come out on Video or DVD, Blockbuster has 48 day leeway period to prevent other competitors such as Pay per View & TiVo from renting them. It helps studio's earn more money when customers rent movies from Blockbusters then with On Demand programs. There are new technological products out there in the market, but are not as reliable as blockbuster. In every store they offer the option of customer service to guide their customers in picking the best movie rental. Plus blockbusters suggest a customer rent a movie for more then one night. All US households own at least one or two DVD players and can choose to go the store for a movie rental. Blockbusters provide customers with a deal that can give them two whole months of free movie rentals for those customers who cancel their services with Netflix or from Wal-Mart.

However, all of these strengths that Blockbuster has to offer there are always weakness lingering around. The most popular one is not responding quickly enough to the technological advantages of direct digital distributions, and waited until Netflix come into the market. Blockbuster co-brand their movie sells with the Direct T.V in which they lose some of there market shares. Another thing is that Blockbuster stores are...

Find Another Essay On Blockbuster's Place in the Current Movie Rental Market

Tattoos in the work place Essay

974 words - 4 pages Tattoos in the work place Today in America there is less problems having tattoos in the work place. As tattoos proliferate, some employers’ are becoming more accepting of body ink peeking through work place attire but the level of acceptance varies depending the industry and the corporate cultural. The work force is more interested in your educational skills and skills for the job. Tattoo

Sexism in The Work Place Essay

1589 words - 6 pages likely to stand up and defend themselves against the old-fashioned gender stereotypes, but let the modern day expectations defeat them (Ellemers & Barreto, 2009). Society stereotypes women in almost all social situations, including in the family, media, and the workplace. Women are often regarded as being in, “Second place” behind men. However, these stereotypes are not typically met by the modern day woman. The Family One of the most common

Diversity in the Work Place

570 words - 2 pages Creating diversity in the work place is a subject that has gained increased attention among many organizations during the last decade. After all, the impact of affirmative action and equal employment opportunity programs on the nation?s work force are undeniable.Women and minorities were the first to dramatically alter the face of the economic mainstream, while gays, persons with disabilities and senior citizens followed not far behind. There

Explain how the price mechanism brings about the equilibrium price and also how and why the government would intervene in the market place

1103 words - 4 pages Market equilibrium is a situation where at a certain price level, the quantity supplied by producer and the quantity demanded by consumers are equal. It is a situation where there is no tendency for change in either price of product or quantity supplied and demanded. This situation is brought about by forces of the price mechanism, the interplay of demand and supply market forces.The situation of market equilibrium is represented by the above

Inaccuracy in the Movie "Braveheart"

1166 words - 5 pages The movie "Braveheart", is a story that is about real historical events and battles, though in the movie there is many inaccuracies that are left out of the movie or events in the movie that are inaccurate. The movie is entertaining and was successful, but there are many points to why people shouldn't accept what is in the movie as historically correct.At the battle of Stirling Bridge, the first battle in the movie, there is no bridge to be seen

Themes in the movie, "Powder"

824 words - 3 pages In life there often are those who do not fit in with the norms of society. Such ways of their existence could be a testament to their uniqueness or rather to the solitude of their existences. In Powder the existence of one human being is both a testament to uniqueness as well as the quiets of solitude.Powder is essentially a movie about a troubled teen. Jeremy Reed was raised with his grandparents. He lived in their basement and spent all his

The age discrimination in the work place

604 words - 3 pages unintentional age discrimination in the workplace are as follow. The first example of age discrimination in the work place is the management does not prepare any procedure to support the old and weak workers on their emergency situation such as flood and heat wave. The second example is there are no special facilities such as ramps, elevators and handrails provided for the old worker to protect their safety in the workplace. The third example of

Current Macroeconomic Situation in the United States

961 words - 4 pages indication that conditions that foster high economic growth are gradually improving. The improvements in fundamentals that promote economic growth are being limited by huge financial drag, which can be dealt with through enactment of appropriate fiscal and monetary policies. In light of the current macroeconomic situation in the U.S., one of the appropriate policy initiatives that the Federal Open Market Committee is maintaining the current

Current Issues in the Correctional System

1238 words - 5 pages only a year of being release and this problem will not go away, but will get worst if current thinking does not change. This change must be bigger than putting in place some under funded programs that do not provide support. As the current cost of incarceration is around $30,000 a year per inmate, change to the system/procedure must prevent recidivism and the current problem of over-crowed prisons. As the current prison structures and

Hospital Trends in The Current Economic Environment

974 words - 4 pages Hospital Trends 1. How is the current economic environment affecting hospitals? According to the article, “The Economic Downturn and Its Impact on Hospitals”, the current economic environment is affecting hospitals and other heath care facilities in a number of ways. The most common issue relates to inability of the hospitals to obtain and secure relevant financing that enables health institutions to meet their daily obligations. Since most

Current Economics Conditions in the United States

1455 words - 6 pages market that has provided job opportunities for large numbers of people previously struggling to get on the first rung of a ladder leading to training, skills, and permanent employment.With foreign economies strengthening and labor markets already tight, how the current wealth effect is finally contained will determine whether the extraordinary expansion that it has helped foster can slow to a sustainable pace, without destabilizing the economy in

Similar Essays

Real Estate Industry In The Rental Market

2192 words - 9 pages Real Estate Industry in the Rental Market Abstract “Real estate is land, all of the natural parts of land such as trees and water, and all permanently attached improvements such as fences and buildings. People use real estate for a wide variety of purposes, including retailing, offices, manufacturing, housing, ranching, farming, recreation, worship, and entertainment.” (Answers.com) In order to more specifically focus on a specific area of

Porter's Five Forces Model And The Movie Rental Business

916 words - 4 pages no substitutes in the rental market. However, buyer concentration in this new market is high, so suppliers tend to want to sell their products to all of the companies in the market to maximize their revenue, increase client retention, and keep marginal profit. The suppliers to the movie rental market have enough power to control prices somewhat, but not enough power to manipulate the evolution of the global movie rental market because those

Monopolies In The Market Place: Example Of The Telecommunication Industry

695 words - 3 pages market, but was also used to supply consumers with necessary goods. A good example of this can be seen in the telecommunications industry. There is a lot of money to be made in long distance telecommunications, while supplying phone service to a small, very economically diverse, rural town on top of Mount Taikonduroga would never prove economical. Thus the local telecommunications service to the small rural town could not sustain itself. The costs

Comparing The 1929 Market Crash And The Current Position In The Stock Market

1478 words - 6 pages Comparing the 1929 Market Crash and the Current Position in the Stock Market During the 1920's, the North American economy was roaring, but this decade would eventually be put to a stop. In October of 1929, the stock market began its steepest decline to this date in history. Many stock market traders and economists believe and pray that it was a one-shot episode never to be repeated. On the other hand, many financial analysts and other
Stick Man (2015) | Full Version | skrillex