Some Businesses Fail to Adapt: Lessons to Learn
Your competitors will be soon scaling up to the moon you know. It’s a fast changing world and adaptability is the key to increasing your customer base these days. Some businesses stick to their core values, the same customers, the same old ‘print out’ marketing and we have all seen these giant businesses suffer after the digital marketing revolution. Before you search for advertising Singapore , let’s look at a list of 3 business giants in history which failed to adapt: Blockbuster: There ‘was’ a Blockbuster and now there ‘is’ a Netflix. With over 9000 outlets, Blockbuster was the leading provider of rental movies and video games. When companies like Netflix started offering online streaming of Movies and TV shows, Blockbuster rejected this idea without thinking enough and was not adaptable enough to combat the changing standards of the digital industry around them. Companies like Netflix, Amazon Prime took over the industry and they are now the new ‘Bl...