TABLE OF CONTENTS. Blockbuster Blockbuster was a famous successful video-rental company in the...
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![Page 1: TABLE OF CONTENTS. Blockbuster Blockbuster was a famous successful video-rental company in the 1980s and 90s. Salient features of this business model.](https://reader036.fdocuments.net/reader036/viewer/2022082712/56649ea85503460f94babab9/html5/thumbnails/1.jpg)
• THIS PRESENTATION COMPARES AND CONTRASTS BETWEEN THE OBJECTIVES, VISION AND MISSIONS OF TWO BUSINESS MODELS, WITH STARKLY DIFFERENT MARKET PERFORMANCE . IT COMPRISES OF –
A) BLOCKBUSTER B)MOUNTAIN MOTORSPORTS C) BLOCKBUSTER FAILURE D) MOUNTAIN MOTORSPORTS SUCCESS E) VISION AND MISSIONS OF BLOCKBUSTER F)VISION AND MISSIONS OF MOUNTAIN MOTORSPORTS G) REFERENCES
TABLE OF CONTENTS
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Blockbuster Blockbuster was a famous successful video-rental company in the
1980s and 90s. Salient features of this business model was –
Subsidizing and renting of VCDs and DVDs Generating revenue from rent and late fees Well-oiled network of numerous rentals established Profitable business, yet dependent on success of movies in the film
industry High returns-on-investments
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Mountain Motorsports Newly emerging, yet eminently successful, mountain motorsports
is a vehicle dealership that specializes in off-road and dirt-vehicles. Salient features of this business model are –
Comprehensive stores – few yet effective Efficient harnessing of contemporary technology Renting and sale of automobiles (4 wheelers, 2 wheelers, boats) Sale of parts and tech assistance
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Blockbuster Failure Despite capturing large portions of market in the course of
operations, Blockbuster fizzled out and hit bankruptcy. The reasons for deterioration of this business model were –
Large and proclaimed technological gap Increased dependency on penalization for revenue generation Decline in popularity of movies direly affected the trade Lack of competitive rates and publicity
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Mountain Motorsports Success
Mountain motorsports continues to expand and grow its successful business. In a declining economy, amidst cut-throat competition, this firm climbs newer heights. Few features that enable this are –
Prime and suitable locations Suitable product manipulation and R&D processes Introduction of range of supplementary businesses Successful advertising and marketing strategies Efficient web-based offering of services for convenience
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Vision and Missions of Blockbuster
The visions, missions and objectives of Blockbuster during its tenure in the market are mentioned in the slide.
Capture market power in rental-market Break-even faster with DVDs and VCDs Expand operations to cater to large range of regions Secure revenue through steep late fees
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Vision and Missions of Mountain Motorsports
Formation and fulfillment of objectives is still prevalent in the Mountain Motorsports industry. Some of these are:
Secure prime conducive location for stores Maintenance and utilization of e-business model Develop supplementary business processes further Capture higher market share and move towards more generic
markets – such as on-road vehicles.
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References
links used for assertions and factual statements in the presentation are.
http://www.forbes.com/sites/gregsatell/2014/09/05/a-look-back-at-why-blockbuster-really-failed-and-why-it-didnt-have-to/
http://daindunston.com/when-blockbuster-forgot-what-business-they-were-in/
https://ksunewsnow.wordpress.com/2013/02/27/motorsports-business-success-proves-location-matters/