GCC #2: Blockbuster is a Bust
There’s trouble ahead for Blockbuster video stores.
- Blockbuster lost $435 million in the 4th quarter of 2009, usually its best quarter.
- In Sept. 2009, the company announced it was closing 960 under-performing stores… the ONLY video store in my town was one of them.
- Blockbuster’s main competitor, Hollywood Video, filed for Chapter 11 protection in February 2010.
In a nutshell? Nine years ago, nobody heard of Netflix and now they are leading the way in the change of the video rental industry.
Netflix and Greeting Cards…Different, Yet the Same
Five years ago, nobody heard of Send Out Cards. Send Out Cards is to the greeting card industry as Netflix is to the video rental industry.
Where do you think Send Out Cards is going to be four years from now?
Can you see yourself being a part of it?
I am leading a fun and amazing international Send Out Cards team. So, if you’re ready to climb on board, or just want to know more to make an informed decision, let’s talk.
Tags: netflix changes video rental industry, sending cards like netflix, Work from Home
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