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brutal...Radio Shack died because they went ALL IN on cell phones
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Date: August 4th, 2018 6:24 PM Author: cruel-hearted step-uncle's house kitty In the 1990's RadioShack execs saw that cell phones were the future. They were correct about this. They decided to invest heavily in cell phones and try to rebrand as THE place you went to get a cell phone. RadioShack employees were all trained to focus on cell phone sales, and the rest of their business was essentially neglected. At its peak, 50% of all revenue RadioShack made was from cell phones.
Then the cell phone service providers (the Verizons, PrimeCos, etc.) all started their own stores. The cell phone rug got pulled out from under RadioShack and the remaining business was badly out of date and neglected.
That's how hard business is: RadioShack saw the future and still couldn't maek it. |
Date: August 4th, 2018 6:25 PM Author: rose vivacious feces state (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36554057) |
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Date: August 4th, 2018 6:28 PM Author: cruel-hearted step-uncle's house kitty it was apparently a very paperwork intensive business for Radio Shack. They would sell a customer both a phone and a contract with a provider. RadioShack employees would spend hours filing paperwork with the providers setting up the contract and neglect the batteries and headphones and shit part of the business (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36554067) |
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Date: August 4th, 2018 6:27 PM Author: stimulating nursing home (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36554065) |
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Date: August 4th, 2018 6:28 PM Author: Mischievous Space (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36554068) |
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Date: August 4th, 2018 7:33 PM Author: cruel-hearted step-uncle's house kitty (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36554339) |
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Date: August 4th, 2018 7:34 PM Author: outnumbered swollen pocket flask they should have sold a 'Realistic' cell phone (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36554343) |
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Date: August 5th, 2018 11:28 AM Author: Slate swashbuckling base (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36556845) |
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Date: August 4th, 2018 7:38 PM Author: Pea-brained dilemma I still go there to buy a radio (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36554361) |
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Date: August 5th, 2018 11:19 AM Author: cruel-hearted step-uncle's house kitty (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36556806) |
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Date: August 5th, 2018 11:21 AM Author: razzle generalized bond they didn't see the future that asking your phone number every time you wanted to buy a battery would piss off customers as creepy (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36556815) |
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Date: August 5th, 2018 11:28 AM Author: Slate swashbuckling base (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36556849) |
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Date: August 5th, 2018 11:34 AM Author: crimson rebellious gaming laptop (kenny bania) (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36556867) |
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Date: August 5th, 2018 11:35 AM Author: razzle generalized bond link? was there a seinfeld bit about this?? (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36556871) |
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Date: August 5th, 2018 11:36 AM Author: navy mental disorder That's gold, Jerry! Gold! (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36556874) |
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Date: August 5th, 2018 4:16 PM Author: titillating tank (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36558113) |
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Date: August 5th, 2018 11:37 AM Author: Jet Headpube I have always been confused by radioshack, you go in hoping that MAYBE they have used gamecubes or C batteries or something and are just terribly dismayed. (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36556882) |
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Date: August 5th, 2018 11:49 AM Author: Excitant corner (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36556944) |
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Date: August 5th, 2018 11:51 AM Author: flickering slippery azn Eh... it's an interesting b-school anecdote that they were able to keep the business going for as long as they did by changing the focus of the business
The reality is they fucked themselves by never opening up stores with *much more* square footage.
30 years of exploding demand for consumer electronics and Radioshack's response was to stick with their shitty little mall leases everywhere |
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Date: August 5th, 2018 2:44 PM Author: Slate swashbuckling base What part of "Shack" do you not understand? (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36557726) |
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Date: August 5th, 2018 2:52 PM Author: Useless coiffed cuckoldry Should have pivoted to "Radio Hut" (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36557744) |
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Date: August 5th, 2018 2:49 PM Author: adulterous crystalline chad goal in life Their business model was to be within a 15 min drive of 98% of the population or whatever. It’s tough to break a schtick you’ve run for years ... just ask wmtp. (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36557739) |
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Date: August 5th, 2018 2:55 PM Author: Submissive old irish cottage plausible there's always been a demand for the geek niches that they are suited to address, but the various geek niches that have become prominent aren't suited for little stores |
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Date: August 5th, 2018 3:30 PM Author: flickering slippery azn Ever been to a Micro Center? They're fucking awesome, huge (~60,000 sqft) and full of hobbyist-oriented stuff
They're what Radioshack should have become |
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Date: August 5th, 2018 4:06 PM Author: Carnelian arousing dog poop doctorate cr. See also Fry's. (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36558052) |
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Date: August 5th, 2018 7:58 PM Author: Submissive old irish cottage no. i assume that type of business model requires staying on the forefront of what is hot and moving on from what is not (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36559312) |
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Date: August 5th, 2018 4:18 PM Author: titillating tank The case study will appear in bschool textbooks for eternity next to jjc1122’s tales of racist sexist Irish pit traders on the Merc Exchange (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36558124) |
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Date: August 5th, 2018 2:49 PM Author: Drab school http://sgthartmanradioshack.ytmnd.com/ (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36557736) |
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Date: August 5th, 2018 2:49 PM Author: aphrodisiac gaped church building Why does that site still exist? (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36557738) |
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Date: August 5th, 2018 2:52 PM Author: Drab school It still has a handful of meme sites that get traffic http://ytmnd.com/sites/top_viewed/today
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Date: August 5th, 2018 3:55 PM Author: Abnormal milk spot Radioshack was 180. Remember buying CB radios and window-shopping the police scanners and shit back in the day. (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36557990) |
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Date: August 5th, 2018 3:58 PM Author: Gay den Switched from Motorola to a PrimeCo phone (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36558006) |
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Date: August 5th, 2018 4:01 PM Author: tan office I went to a RadioShack in central america and it was still going strong. Full of product lots of customers etc (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36558015) |
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Date: August 5th, 2018 4:03 PM Author: Carnelian arousing dog poop doctorate Their prices for a lot of basic things were fucking retarded to the point that I never even bothered to see if they had something I needed. (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36558032) |
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Date: August 5th, 2018 4:09 PM Author: Cordovan library nowag no shame in that. BlackBerry was the MAKER of amazing phones and they still got BTFO (http://www.autoadmit.com/thread.php?thread_id=4042280&forum_id=2#36558071) |