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jzent commented on When Kodak and Polaroid went to war   steveblank.com/2024/05/16... · Posted by u/sblank
ssl-3 · 2 years ago
Before their downfall, Sears had a better website than Amazon for buying hard goods.

When Amazon was still focused on selling books, Sears had a huge array of non-book stuff that could be bought and shipped to their store for free, or delivered anywhere at a fairly low cost. I bought all kinds of stuff that way, at a time when buying anything online still seemed kind of novel.

For a very long time the Sears Parts website was the foremost place to find appliance parts and documentation online.

Sears was even one of the founders of Prodigy, years before Sir Tim Berners-Lee invented the Word Wide Web.

FFS, they had a rich history of taking orders and delivering products that started over a century ago.

So, one might ask: If the old trope of "they didn't understand teh Intarwebs, herp herp" is false, then what was it that brought ruin to Sears a little bit quicker than some of their fellow mall anchor peers?

And that answer is simple: Standard corporate raider tactics.

https://janweirlaw.medium.com/how-hedge-funds-profit-from-ba...

jzent · 2 years ago
I think the issue with Sears is they had a ton of large brick-mortar-stores (often the "anchors" at malls, which is another nearly dead industry with the last indoor mall built in the US in 2006). Remember the fear of Wal-Mart killing main street in the late 90s into the 2000s? Wal-Mart came in and killed the competition, which included Sears. Then Amazaon annihilated Sears further and took a huge dent in Wal-Mart. Sears had no choice but to implode. I imagine major horse and carriage companies suffered a similar fate with the invention of the automobile.
jzent commented on When Kodak and Polaroid went to war   steveblank.com/2024/05/16... · Posted by u/sblank
hattmall · 2 years ago
It's not that they didn't respond. They had loads of digital printers, cameras, digital picture frames, photo papers. They even had fairly innovative stuff, the Kodak Easyshare Frame's fetched a good price for a while. The first frames that you could email a picture too. They even innovated on SmartTV boxes, one of the first items you could watch Youtube on your TV with the "Kodak Home Theatre HD Player"

It's not at all the same as like sears failing to migrate to online shopping. Kodak was in a situation where there industry just pretty much died. The only real way they could have pivoted would have basically been to become Apple and invent the Iphone first.

jzent · 2 years ago
Likewise with Blockbuster. They started a DVD mail-order service and streaming service to compete with Netflix, but it was too little too late.
jzent commented on When Kodak and Polaroid went to war   steveblank.com/2024/05/16... · Posted by u/sblank
jzent · 2 years ago
The OG East Coast vs (Mid)West Coast battle.
jzent commented on US Justice Department to seek breakup of Live Nation-Ticketmaster   bloomberg.com/news/articl... · Posted by u/1986
hedora · 2 years ago
Recently, I bought tickets through their web page, and the seat hold timed out prematurely, making me reselect seats.

The tickets had been on sale for weeks, but in that 60 second window, scalpers just happened to buy the exact block I wanted out of 100’s of available seats.

Of course, ticket master owns some of the scalper companies.

Despite the blatant false advertising / auction fixing, I have no way to prove the above happened.

Anyway, a breakup of that company can’t come soon enough.

jzent · 2 years ago
"Ticketmaster and Stubhub Caught Colluding With Scalpers" https://kslnewsradio.com/1891544/opinion-ticketmaster-isnt-c...

"Ticketmaster Has Secretly Been Cheating You With Its Own Scalpers" https://www.rollingstone.com/pro/news/ticketmaster-cheating-...

u/jzent

KarmaCake day20May 22, 2024View Original