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  • Wal-Mart kills video download service

    Posted Dec 28 2007, 11:15 AM by Kim Peterson
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    Money Blog: Top Stocks Blog - MSN Money

    Wal-Mart has canceled its online video download service, blaming HP for discontinuing the technology behind it. What a lame excuse. If the Wal-Mart video store was doing well, do you think HP would yank the engine powering it?

    The reality is that few people used it. Those who did were not impressed. On paper, the service sounded great. All the major movie studios participated. New releases cost up to $20, and older films sold for as much as $10. TV shows were available the day after they aired for $2. Wal-Mart claimed it would only take 45 minutes to download a "near-DVD" video using a high-speed connection.

    So why didn't it work? According to HP, the market for paid video downloads didn't perform as well as it had expected. I think Wal-Mart is having a tough time figuring out its online strategy. Does anyone remember "The Hub," the retailer's attempt at social networking? Shut down after 10 weeks, the site was supposed to be a place where teens could upload photos and videos and talk about Wal-Mart products.   Read More...

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  • Dude, you're getting a dud

    Posted Dec 18 2007, 08:52 AM by Robert Walberg
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    Money Blog: Top Stocks Blog - MSN Money

    Remember when it was cool to own/buy a Dell computer? Not that long ago it was Dell, not Apple, that had the laid back young kid starring in commercials that resonated with consumers.  "Dude, it's a Dell,"  was the stuff of genius. Dell's were cool, they were cheap and they were everywhere.  

    Yet in little less than five years Dell has gone from cool to ice cold. Its share of the PC market has eroded due to misguided retail practices, poor customer service and outdated design. The company has also lost its price advantage. Despite the cheap prices you see on the company's web site, or in the flyers that arrive in the mail, once you configure the computer to match even the most basic of needs, the price ends up being as high or higher as PCs from Toshiba, Hewlett Packard and Acer.  

    Quite simply there's nothing that sets the company apart anymore -- at least nothing positive.  Its abysmal technical service group certainly set it apart, as waiting on the Dell help desk was an exercise bordering on cruelty. To its credit, Dell's management team has begun to address this issue by adding staff, but once you get a bad reputation it can be very hard to change consumer perceptions.  Dell has a lot of making up to do and some blunt talk from its back-in-the-saddle CEO, Michael Dell, just might help remake its image. Let's face it, Apple was left for dead a few years back and look at what the return of Steve Jobs did for that company.    Read More...

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