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jbcohen · 01-21-2011, 09:03 AM

Borders struggles amid rapid changes in book sales

By Michael S. Rosenwald
Washington Post Staff Writer
Thursday, January 20, 2011; 11:11 PM

http://www.washingtonpost.com/wp-dyn...l?hpid=artslot

My own thoughts - There is an old addage that I was taught as an undergradaute "When technology shifts everyone goes back to zero" and "In every industry there are oasional events that are referred to as "Game Changers" and players in an industry need to be aware of these Game Changers". For Borders and Barns and Nobles the game changer was the internet and they did not understand what was happening and moved to slowly. Now they will suffer for it.

Guaranteed in the future there will be another shift and the question is will Amazon be ready for the shift when it happends again?

Another place this happened was in the video rental industry. Blockbuster was king of the hill then technology shifted and now they are playing catch up against netflix.

01-21-2011, 09:03 AM	#1
jbcohen Wizard Posts: 3,032 Karma: 11196738 Join Date: Oct 2010 Location: Where am I? Device: Kindle Paperwhite Signature edition and a Samsung S24 Ultra	Borders - in the Washington Post 1/21/1011 Borders struggles amid rapid changes in book sales By Michael S. Rosenwald Washington Post Staff Writer Thursday, January 20, 2011; 11:11 PM http://www.washingtonpost.com/wp-dyn...l?hpid=artslot My own thoughts - There is an old addage that I was taught as an undergradaute "When technology shifts everyone goes back to zero" and "In every industry there are oasional events that are referred to as "Game Changers" and players in an industry need to be aware of these Game Changers". For Borders and Barns and Nobles the game changer was the internet and they did not understand what was happening and moved to slowly. Now they will suffer for it. Guaranteed in the future there will be another shift and the question is will Amazon be ready for the shift when it happends again? Another place this happened was in the video rental industry. Blockbuster was king of the hill then technology shifted and now they are playing catch up against netflix. Last edited by jbcohen; 01-21-2011 at 09:09 AM.