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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: pea-brained bull headed ape school cafeteria 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 The cell phone rug got pulled out from under RadioShack and the remaining business was badly out of date and neglected.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: Geriatric Dingle Berry (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: pea-brained bull headed ape school cafeteria 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: Frisky main people liquid oxygen (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: Obsidian Cracking Area Dog Poop (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: pea-brained bull headed ape school cafeteria (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: Multi-colored cordovan preventive strike house 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: Bisexual navy heaven mood (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: titillating flesh jap french chef 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: pea-brained bull headed ape school cafeteria (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: Passionate codepig 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: Bisexual navy heaven mood (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: Harsh Idiot (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: Passionate codepig 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: Fragrant shrine yarmulke 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: Elite Vibrant Kitchen (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: Vivacious Talking Ceo 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: trip crotch (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: snowy associate plaza 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: Bisexual navy heaven mood 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: maroon sound barrier regret 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: vigorous stage 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: violent aromatic nursing home 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: snowy associate plaza 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: sepia swashbuckling market partner 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: violent aromatic nursing home 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: Elite Vibrant Kitchen 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: Canary soul-stirring brunch 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: floppy place of business 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: Canary soul-stirring brunch 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: underhanded tattoo 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: Aphrodisiac Mahogany Station Windowlicker 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: Embarrassed To The Bone Macaca 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: sepia swashbuckling market partner 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: brindle lodge black woman 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) |