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#1 |
Blu-ray Count
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Alright guys, I trying to get some opinions from you here. I've thinking for the past year now of opening my own store. Featuring Blu-ray movies along with PS3 games. Basically anything BR related. I have several reasons for doing this. One, I love movies and games. Second, I love Blu-ray and the PS3. Third, the big reason is that none of the stores here really care. There's no store here that puts an effort in promoting Blu. Like at Circuit City when they have Blu's on sale they throw it in a cardboard box and say here you go.
Now a lot of you shop at Amazon because you don't like shopping at BB, CC, etc......... So my main question is, besides pricing. Why don't you like shopping in the stores. What would you like to see them do. Customer Service, Lack of titles, Not enough copies of the titles, Cool displays promoting it. |
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#2 |
Blu-ray Samurai
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This doesn't help you but sometimes I don't go to stores simply because I don't want to go to the store. It's easier to take 3 minutes during a mad posting session and order something than it is to put pants back on and go outside.
The stores tend to be more expensive, yes, which is another reason I rarely go. |
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#3 |
Moderator
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good luck. None of those things cause me to, or not to shop at a store. Convenience and price will be the main driving force behind most consumers though.
I'd be curious as to what you would need for licensing agreements, etc.. and what the mark-up would be, as to whether you could stay afloat or not ( It's been stated that Best Buy etc. makes their money from service contracts, extended warranties, cables, big T.V.'s etc.... and they just tread water with media) |
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#4 |
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#5 | |
Blu-ray Count
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It's like over here. There's a butt-load of stores and they expanded there sections but all they did was spread them out. No new titles. Same titles all the time except the new releases. I mean how many Blu titles are there? A heck of a lot more than what the stores have. CC, they had V but they only had 3 copies. Come on. |
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#7 | |
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#8 |
Hot Deals Moderator
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For me, it's mostly a price issue.
I knew a guy who owned a video store for several years. He made a few dollars on each DVD sold, and did fairly well. The problem was that Best Buy started using DVDs as "loss leaders", meaning that they are priced under the store's cost. Of course since he only carried DVD, VHS, and LD business started to suffer since he couldn't match those rock-bottom prices. He closed the store about two years ago, and stated making real money - he opened a porn video/toy store. ![]() |
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#10 | |
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#12 | |
Blu-ray Guru
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Perhaps these 'hang out' shops became true hangouts, where people came to suck up free air conditioning and relax on the comfy furniture and watch movies without spending a dime. I don't see many comic shops anymore, but I know quite well why they aren't around--they didn't make enough to pay the rent. Unless you're offering something truly unique that cannot be found elsewhere, I would make sure you do your homework before trying to do this. Can you offer cheaper prices on new releases than Walmart, Circuit City, Gamestop, or Best Buy--all of whose buying power far surpasses your own? I'm not saying you can't or won't succeed, I'm just saying that it's going to take more than simply raising the cash to open your store if you're going to succeed. ~Camper |
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#13 | |
Blu-ray Champion
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Opening a retail location for video sales, especially with a limited market like Blu is pure suicide. You can't discount past Best Buy or WalMart and still pay the rent.
Dave's Video had to close in LA, and LaserBlazer is only hanging on because they absorbed Dave's customer base, in the middle of the moviest town on earth. Quote:
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#14 |
Expert Member
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Well, I have no experience in opening a video store, but I think it would be tough for you, especially there is a CC/BB/Walmart/Costco within 20 minutes drive of where you are, even if you offer great local-store-customer-service, which would take quite a bit of time to develop.
The question then becomes 1) can you stay afloat during the first stage when you are just starting out. 2) can you really beat out the customer service offered by Amazon? (I will use an example later) 3) Can you price match or even do better? If you can, you probably have to compensate your revenue through quantity <--- then, can you out-sell the big brick and mortar stores? 4) BD is still considered a luxury to a lot of people. Heck, I been seeing more and more TV goign digital for those who need a coupon to buy a converter or something. service from Amazon is excellent and with the gas these days, if I can receive the item quickly/promptly without having to dress up and drive, I'd get it from Amazon. AND Amazon is cheaper in most cases. Amazon also have amazing refund policies and services. I just returned 2 controllers that I ordered by mistake. I opened them up as well! I called up Amazon, told them that I do not wish to keep the controllers and the operator issused a refund and even apologized that they didnt get my business! I received my refund the Next MORNING as credit on my Credit card. So, doing the numbers right now, I am not too sure how you could stay afloat if you open just a BD store. Not to mention, we havent even really mentioned competitors such as blockbuster/holleywood video, gamestop, EBgames etc. Unless you have some great idea up your sleeve, number wise, I am not too sure how it would work out. I'm a financial analyst, and i just look at the numbers. Good Luck though. PS. I was a fan of supporting local stores, but then I realized, I gotta pay the mortgage and expenses... and amazon and other sites (such as half.com/paypal) do offer pretty good service, so I dont buy a lot of movies in stores anymore at all. I even got my TV online and the TV arrived in 4 DAYS!! (ordered on Friday and got it on Tuesday!) |
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#15 | |
Blu-ray Count
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How long was Dave's opened? And how long has LaserBlazer been opened?" |
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#16 |
Expert Member
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After a negative post, I'll post something positive.
Instead of opening a store purely selling BDs, maybe you want to focus your store on more of enjoyment-oriented, where you would put a large projector screen for people to sit in and watch BD and show case their real quality? then, maybe offer some type of casual/easy to prepare lounge food/drinks/snacks. (this is also where you will make a little bit money back to compensate. Soft Drinks/popcorns/snacks have the highest margin) So, offering soft-drink/snack with purchase of BD or something, then this is where you will get your money back) Then, at the same time, you offer everything Blu, meaning, BD movies, PS3, BD players, or etc. So, in that sense, you are showing some classic re-make movies in store on BD, to show people why they should UPGRADE their DVD collection to BD collection! Offer some sort of Trade-in for same DVD for BD type of deal or something, then maybe, you can re-sell those DVDs online by mass posting them on half.com. (they charge very little commission and compensate you $2.99 for shipping) BTW, BD = luxury, so if a BD-only or related store, your store has to be high-end in terms of interior design, atmosphere, equipment, etc <--- all of which adds up to quite a bit of sum. I dont know, you have to offer soemthing different and maybe free full-movie viewing every weekend. Remember, you are then targeting a different kind of customer. I just dont think the target of "people who dont want to go to BB/CC based on price" is the right one. |
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#17 | |||
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Basically I'm big on customer service. In the work place I work work in it's a must. It keeps them coming back. Our prices sometimes is double WMs. It's a 1 min drive from the two places and they still come back why? Because on Customer Service Quote:
Last edited by tommyboy81; 05-21-2008 at 06:54 PM. |
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#18 |
Expert Member
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Also, here is a universal truth, especially NOW through the next year or 2.
Everything will come down to price eventually, REGARDLESS of how good your customer service is! It is sad, but it is true. Just be prepared to account for this, that is all. But I would say, I would definitely go check a local store out if they have a huge 100" projector screen room for people to check out the BDs that they are on the border-line of purchasing, especially when I dont have a 100" viewing screen at home and the sound. So, in a sense, you would want to have some sort of theater/beverage/snack set up, and feature/show case some of the classic movies in BD. You may also showcase some of the best quality BDs such as say, Casino Royale, Narnia, etc. you get the idea. But just keep in mind, whatever you have. Count on the TANGIBLES, not Intangibles such as Customer service. Intangible always come second. By experience, repeat business generated by good customer services is harder and harder to determine nowadays. PS. It also depends what city you're in. If you're in NYC (where space is limited, yea, I can see this 100" screen show case stand out), but if you're in an area where people have to travel afar to get to your store (unless you're beside a huge mall or something), then, it'd be tough. Anyway, good luck. |
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#19 |
Blu-ray Knight
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The biggest things that I look for when I go into a store are a) Is everything arranged so that I can find what I'm looking for, if something specific; b) I want to get in and out. If the store is running promos, there's nothing I hate more than having to stand around while the person ringing me out figures out what they're doing on the fly, or having to ask other people what they're supposed to do; c) price (obviously). I'll spend, at most, 4 dollars more in a store just to get a product then and there as opposed to saving a few bucks and ordering online. If a store will price match online, such as I've gotten Best Buy to do, even better. I also am a fan of loyalty programs, ie Reward Zone. While their program isn't a huge return on investment, it's better than nothing.
Also, in general, I like going to stores where the people working there are obviously fans of their wares. I used to go to a comics shop where the owner obviously knew NOTHING about comics, so if I wanted to know something, he was worthless. I generally like to go to a store with all the knowledge I need in order to make an informed decision, but if I have a question, I'd like an answer, and preferably from somebody who has some personal interest in the product and isn't just going on specs or hearsay. Last edited by BStecke; 05-21-2008 at 07:08 PM. |
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#20 |
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Savannah is growing big time. Everybody is crowded up in one area. There's really no form of entertainment. Except the mall.
![]() The food thing is not a bad idea. And didn't think of trading in like National Treasure DVD for the BR thing. Thanks. ![]() |
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