What Is Blockbuster Profit Model

Satisfactory Essays
Blockbuster’s profit model prior to their establishment online was paying to rent movies through brick and mortal stores. Furthermore, their late fees contributed to a considerable amount of their revenue. Also, front shelf space was utilized to showcase the newest released movies. Therefore, Blockbuster profit came from the latest movies. Another thing that Blockbuster did was allowing customers to expand their rental service. In part, it was an advantage for Blockbuster because this meant that customer have to pay extra, therefore creating more revenue for the company. In the other hand, Blockbuster’s value proposition is the convenience of the location of the stores. Approximately, “70% of the U.S. population lives within a 10 minute drive
Get Access