Blockbuster files for bankruptcy

[EmporerEJ]

Originally Posted by RawAlex

You run a couple of kiosks, so you should know. How old is your average renter? I am guessing closer to 40 than 20. 10 years from now, that number will be closer to 50, unless something dramatic changes.

The Kiosk only recognizes over 18 (Have credit card.)
But, even if it were so, how does that matter?
Will that 50 year old, who is now very comfortable renting the DVDs this way, and is very happy the DVD player doesn't have a flashing "12:00 am," suddenly stop watching movies? No. In fact, they will be even better customers then, as now.

[RawAlex]

Originally Posted by EmporerEJ

The Kiosk only recognizes over 18 (Have credit card.)
But, even if it were so, how does that matter?
Will that 50 year old, who is now very comfortable renting the DVDs this way, and is very happy the DVD player doesn't have a flashing "12:00 am," suddenly stop watching movies? No. In fact, they will be even better customers then, as now.

Yup, and you keep selling to a declining market (because, sadly, people over 50 do tend to die off... or retire and leave the area). If you don't see a lot of people under 30 using the machines, that should tell you that it isn't a business with a true long term potential for growth, just a nice slow and steady decline into irrelevance.

[EmporerEJ]

Originally Posted by RawAlex

Yup, and you keep selling to a declining market (because, sadly, people over 50 do tend to die off... or retire and leave the area). If you don't see a lot of people under 30 using the machines, that should tell you that it isn't a business with a true long term potential for growth, just a nice slow and steady decline into irrelevance.

I just love guys like you.
I have no illusions the DVD KIOSK market will be around til I die.
It doesn't have to be, to make me happy. I'd be happy for 5 solid years. The numbers are THAT good.
The upfront is low, the ongoing is ridiculously low, compared to when I was in the Bricks and mortar video, and it's just another revenue stream, that uses about an hour's worth of time a week for me. (From my chair...wherever that chair may be.)

It's also one of those works by itself while I'm sleeping, or elsewhere kind of things.

But you know what.... you're right again. Bad idea.........for you.
You go do something mo' betta.

I know one sure way of not getting anything at all......spend your time convincing yourself why a thing doesn't work, or won't work in the foggy future, or some other "no facts," baseless decision.
That way, you can certainly ALWAYS be right.

Love the armchair entrepreneur.

[RawAlex]

Originally Posted by EmporerEJ

I just love guys like you.
I have no illusions the DVD KIOSK market will be around til I die.
It doesn't have to be, to make me happy. I'd be happy for 5 solid years. The numbers are THAT good.
The upfront is low, the ongoing is ridiculously low, compared to when I was in the Bricks and mortar video, and it's just another revenue stream, that uses about an hour's worth of time a week for me. (From my chair...wherever that chair may be.)

It's also one of those works by itself while I'm sleeping, or elsewhere kind of things.

But you know what.... you're right again. Bad idea.........for you.
You go do something mo' betta.

I know one sure way of not getting anything at all......spend your time convincing yourself why a thing doesn't work, or won't work in the foggy future, or some other "no facts," baseless decision.
That way, you can certainly ALWAYS be right.

Love the armchair entrepreneur.

This is why you always end up in arguments and disagreements, because you jump right over and suggest I am saying it's a bad business and don't do it. I AM NOT.

Wake up. All I am saying is that Kiosk style rental things are in the same exact place that blockbuster was back in the day, where margins were great and it looked like a business with a long potential life span. The sad reality is that it was not a long term business, certainly not as long as they were planning for.

Your customer base is older, and currently less likely to go online. But as more and more TVs and DVD players have netflix installed, and as more people become comfortable with pirating movies and such (and more do all the time), the more your business gets eroded, exactly in the same manner it did for Blockbuster.

Will you get 5 years? 10? 2? I don't know. All I am certain of is that if I had asked people if the DVD was going to be a near dinosaur today, most of them would not have believed it. Advancements are moving even faster, rendering the trip to the video store (even a kiosk) as a quaint thing that your parents use to do, before they learned better.

remember, talk with us, not down to us. It works better!

[EmporerEJ]

Originally Posted by RawAlex

remember, talk with us, not down to us. It works better!

Well, I'm not trying to do that......even if I could.

But your constant negativity is "harshing my mellow."

[RawAlex]

Originally Posted by EmporerEJ

Well, I'm not trying to do that......even if I could.

But your constant negativity is "harshing my mellow."

you need better (insert drug of choice) here if I can harsh your mellow.

Then again, I guess you are right about all of this, because you always are.

[EmporerEJ]

Originally Posted by RawAlex

you need better (insert drug of choice) here if I can harsh your mellow.

Then again, I guess you are right about all of this, because you always are.

Well, I am right.....
But I could use a new drug. (Insert Huey Lewis melody here.)

[softball]

Originally Posted by EmporerEJ

Well, I'm not trying to do that......even if I could.

But your constant negativity is "harshing my mellow."

Dude, your mallow was marshed years ago. But then again, you are arguing with someone who can't seem to make enough to get out of the mosquito capital of the planet. That prolly speaks volumes in itself.

[Rcourt64]

Originally Posted by rhetorical

Dude, your mallow was marshed years ago. But then again, you are arguing with someone who can't seem to make enough to get out of the mosquito capital of the planet. That prolly speaks volumes in itself.

Ohh gawd ..I wish you'd talk to me like that, Mmm.. You dirty whore you.

FAP FAP FAP FAP FAP FAP FAP FAP FAP FAP FAP FAP FAP ....

[EmporerEJ]

Originally Posted by rhetorical

Dude, your mallow was marshed years ago. But then again, you are arguing with someone who can't seem to make enough to get out of the mosquito capital of the planet. That prolly speaks volumes in itself.

My "mellow" not my "mallo."

Harshing my "Mellow."

Careful you'll sprain something.