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Now I know why some companies fail - Blockbuster Closing Sale!

Home ▸ Archive ▸ Serious Business ▸ Now I know why some companies fail - Blockbuster Closing Sale!
R

rydawg5

Senior Member

2,639 posts
Mar 19, 2011 8:43 PM
I walk in. The first thing I see is 40% off. Not bad. However, it was 40% for a 24 pack of Dasani water bottles.

The crack squad of pricemakers at Blockbuster, priced this 24pk of water at $39.99 -- 40% off made this 24pk bottle of water $22.

I turn around and tell the guy this is the funniest thing I've ever seen. He responds "is that expensive? I have never bought a pack of bottled water.. I'm a tap guy"

Regardless of if you've ever bought it, you have to at least notice that most 24 packs of water are between $4-$6 .. right?

Anyway, just another reason why a failing company just doesn't get it.

Their logic was that of a 5 year old "So we sell these bottles for $1.50 each, that means a 24pk for $22 is a great deal!"

Real world alert: you're retarded Blockbuster.
Mar 19, 2011 8:43pm
Scarlet_Fever's avatar

Scarlet_Fever

Senior Member

736 posts
Mar 19, 2011 8:48 PM
If this is true that is hilarious. My kids (ages 7-9) would even know more about the price of a 24 pack of bottled water.
Mar 19, 2011 8:48pm
R

rydawg5

Senior Member

2,639 posts
Mar 19, 2011 8:51 PM
Of course it's true.. not something I'm going to exaggerate ;)
Mar 19, 2011 8:51pm
september63's avatar

september63

Senior Member

5,789 posts
Mar 19, 2011 8:55 PM
There are Blockbuster's still open? And people that still go there?
Mar 19, 2011 8:55pm
R

rydawg5

Senior Member

2,639 posts
Mar 19, 2011 9:01 PM
september63;717776 wrote:There are Blockbuster's still open? And people that still go there?

Well, yeah.. Some are store closing sales. Others, I believe, are independent franchises that are still able to operate.

There's a lot of legal things going on with Blockbuster. They are looking for someone to buy the company and have different ways to operate in some ways while going through the bankruptcy. (I think)
Mar 19, 2011 9:01pm
Bigred1995's avatar

Bigred1995

Ohio Chatter - CFO

1,042 posts
Mar 19, 2011 10:57 PM
Yeah, I went to one of these "Closing Sales" near my house and that pricing mentality was for everything. I thought I'd go and get some discounted PS3 games and they were selling those at 10% off of the Original Brand new Price! Buying nothing in that sale would have been considered a deal and could have gotten somewhere else at a better price! Seriously a joke!
Mar 19, 2011 10:57pm
2kool4skool's avatar

2kool4skool

Senior Member

1,804 posts
Mar 19, 2011 11:01 PM
Mar 19, 2011 11:01pm
R

rydawg5

Senior Member

2,639 posts
Mar 20, 2011 12:22 AM
2kool4skool;717951 wrote:
You're a doosh
Mar 20, 2011 12:22am
justincredible's avatar

justincredible

Nick Mangold

32,056 posts
Mar 20, 2011 12:26 AM
2kool4skool;717951 wrote:

GOAT Cool Story Bro image.
Mar 20, 2011 12:26am
R

rydawg5

Senior Member

2,639 posts
Mar 20, 2011 12:43 AM
justincredible;718004 wrote:GOAT Cool Story Bro image.

You'll probably copy it.
Mar 20, 2011 12:43am
justincredible's avatar

justincredible

Nick Mangold

32,056 posts
Mar 20, 2011 12:48 AM
rydawg5;718017 wrote:You'll probably copy it.

Awww
Mar 20, 2011 12:48am
R

rydawg5

Senior Member

2,639 posts
Mar 20, 2011 12:57 AM
justincredible;718022 wrote:Awww

Mar 20, 2011 12:57am
sonofsam's avatar

sonofsam

Wee' Gonna Win..

2,052 posts
Mar 20, 2011 1:30 AM
rydawg5;717759 wrote:I walk in. The first thing I see is 40% off. Not bad. However, it was 40% for a 24 pack of Dasani water bottles.

The crack squad of pricemakers at Blockbuster, priced this 24pk of water at $39.99 -- 40% off made this 24pk bottle of water $22.

I turn around and tell the guy this is the funniest thing I've ever seen. He responds "is that expensive? I have never bought a pack of bottled water.. I'm a tap guy"

Anyway, just another reason why a failing company just doesn't get it.

Their logic was that of a 5 year old "So we sell these bottles for $1.50 each, that means a 24pk for $22 is a great deal!"

Real world alert: you're retarded Blockbuster.
First off, this "tap" guy is a MAJOR retard/drug user. Second, cinema price do not work at blockbuster... I have not paid for a movie there in over a year... If you raise a big enough stink about their limited new release selection (which they claim is limited due to the current financial situation) they will give you a voucher. No wonder they are in a financial situation...
Mar 20, 2011 1:30am
F

friendfromlowry

Senior Member

6,239 posts
Mar 20, 2011 4:35 AM
I stopped by a Blockbuster a couple weeks ago wanting to rent Due Date, but instead the place was having a blowout sale because it was closing. Good riddance, losers. Any employee that I ever encountered there was a jackass.
Mar 20, 2011 4:35am
sleeper's avatar

sleeper

Legend

27,879 posts
Mar 20, 2011 11:54 AM
The sad part is, some person is going to buy that 24pk of bottled water for $22, thinking its a steal.
Mar 20, 2011 11:54am
Fly4Fun's avatar

Fly4Fun

Senior Member

7,730 posts
Mar 20, 2011 12:20 PM
sleeper;718207 wrote:The sad part is, some person is going to buy that 24pk of bottled water for $22, thinking its a steal.

Goddamnit... now you tell me. I got a truckbed full of that bottled water.
Mar 20, 2011 12:20pm
4

49erfan

Member

31 posts
Mar 21, 2011 9:57 AM
These close out sales are typically run by third party liquidators. I'm assuming that is what is going on at your Blockbuster store. These companies come in, buy all the store's merch, jack up the price and try to sell you on the discount. Sometimes you can get a decent deal, but more often than not you get ripped off.
Mar 21, 2011 9:57am
B

bigkahuna

Senior Member

4,454 posts
Mar 21, 2011 10:45 AM
Blockbuster has always been over priced and terrible. Give me Family Video any day of the week.
Mar 21, 2011 10:45am
T

thavoice

Senior Member

14,376 posts
Mar 21, 2011 10:55 AM
rydawg5;717759 wrote:I walk in. The first thing I see is 40% off. Not bad. However, it was 40% for a 24 pack of Dasani water bottles.

The crack squad of pricemakers at Blockbuster, priced this 24pk of water at $39.99 -- 40% off made this 24pk bottle of water $22.

I turn around and tell the guy this is the funniest thing I've ever seen. He responds "is that expensive? I have never bought a pack of bottled water.. I'm a tap guy"

Regardless of if you've ever bought it, you have to at least notice that most 24 packs of water are between $4-$6 .. right?

Anyway, just another reason why a failing company just doesn't get it.

Their logic was that of a 5 year old "So we sell these bottles for $1.50 each, that means a 24pk for $22 is a great deal!"

Real world alert: you're retarded Blockbuster.

Yeah....places have stupid "deals" all the time. For instance...PEnneys a month or so ago. I go in and see pants for buy one, get the other half off. OK...cool. I buy pants there alot and figured it would be a great deal. Come to see the first pair were around 50 bucks..so two pair for 75. Now...I have purchased pants there before when they are around 25-30 bucks each.

So..yeah...it is a marketing gimmick..and it does get people......mostly women...ya know the saying....men will pay three bucks for a two dollar item they need, but women will pay 3 bucks for a 6 dollar item they dont need. IF it says sale....many people are too stupid to notice the difference.
Mar 21, 2011 10:55am
justincredible's avatar

justincredible

Nick Mangold

32,056 posts
Mar 21, 2011 11:40 AM
Fly4Fun;718216 wrote:Goddamnit... now you tell me. I got a truckbed full of that bottled water.

lol cry4fail
Mar 21, 2011 11:40am
J

jmog

Senior Member

6,567 posts
Mar 21, 2011 4:27 PM
I worked at a Blockbuster back in HS (around 1995-1997) and even back then the company was absolutely retarded, and that's when they were making money hand over fist.
Mar 21, 2011 4:27pm