Blockbuster

Empresa en Bancarrota:[pic 1]

• BLOCKBUSTER:

Blockbuster, which was once the power of home entertainment, has been losing market share and money for years. This happen because in the last years has increased the purchasing and rent of DVDs or subscriptions like Netflix Inc. service and that also came up the popularity of the "streaming" (fluid) video over the Internet.

[pic 2]Blockbuster for several years walked through the final of their businesses around the world. It was in 2010 when they talked about the attempts of the company out of its financial problems now declaring the final break.
The closure of premises in the United States marks the collapse of what was once the largest film distributor in the homes of millions of people around the world. Naturally the arrival of online sites downloads and, of course, as I mentioned previously, companies like Netflix marked the death knell for the company.
The company, which had warned investors it might file for bankruptcy, was delisted in early July on the New York Stock Exchange and in 2011; Dish Network bought Blockbuster in a bankruptcy auction and announced today that the video stream will close its remaining stores in January 2014 and also Elektra company bought a part of it. Also it was affected by the piracy that now a days is one of the biggest problems in México and around the world.

• PROPOSAL TO SAVE THE COMPANY:

Preoviously i think this Company should be aware of the competence that was growing up, tendences, the global situation  and also the once wich were entering to the market. That was one of the principal problems. Blockbuster only focus on themselves, the things that were happening inside the Company and they forgot their external enviroment allowing other companys attack them and over the time, dessapear.

So the proposal is, dont forget the competence or the market, knowing their strategies like the creation of online stores, keep the customers going to them, improve the service, reduce the prices, maybe give an added value, promotions and in general keep the Company comunication to externalize giving a good  image and being abreast the needs of the customers, that was one of the biggest details Blockbuster forgot, the backbone of their business, the consumers.

[pic 3]

• PROFECO ARTICLES:

ARTICLE 7.

Every provider is required to inform and respect the prices, rates, guarantees, quantities, qualities, measure, interests, charges, terms, periods, dates, forms, reservations and other conditions under which he had offered, required or agreed with the consumer product delivery or service provision, and under no circumstances shall be denied such goods or services to any person.

        A few months ago my father bought a screen that now a days is damaged, so we took directly with the manufacturero, or the company, obviously leading the guarantee, and they first have to look over any imperfection,  my case it couldn’t be fix so it was changed by a new one.

ARTICLE 7 A.

The supplier is obliged to exhibit noticeably and visible the total amount payable for the goods, products or services offered to consumers. That amount shall include taxes, fees, interest, insurance and any other costs, charges, expenses or additional expenditure required to meet the occasion of the respective acquisition or procurement, even if it is cash or by credit.

        For example, not long ago a consumer in the United States saw on display a screen and its price was announced in cents. This man, obviously take it. Alhought the company didn´t want to allow the sell at  the cheapest Price ever seen, by this rul they have to do it, or maybe they can be reported.

ARTICLE 32.

The information or advertising of goods, products or services that are disseminated by any means or form, must be true, verifiable and free texts, dialogues, sounds, images, trademarks, origin appellations and other descriptions that lead or could lead to mislead by deceptive or abusive.
For the purposes of this Act, the term information or misleading or abusive advertising is the one that relates characteristics or related to any goods, products or services that may or may not be true, mislead or confuse consumers by inaccurately, false exaggerated, partial, artificial or misleading in that it presents.  The information or advertising that compare products or services, whether of the same or different brand, not be misleading or abusive in terms of the provisions of the preceding paragraph.
The Agency may issue guidelines for the analysis and verification of such information or advertising to avoid misleading or confusing the consumer is induced, considering the temporal context in which it is disseminated, the time is transmitted over other content carried in the same medium and special economic or market circumstances

...