What Made Blacks Blue?
Blacks Photography has been serving Canadians for a very long time already. The Toronto based company was considered to be one of the best national brands. However, though it tried to hang on , Blacks recently announced that the company is finally closing down in August of this year. And of course, when a company is closing down, it means that it has been experiencing a crisis that it cannot easily resolve and is already affecting the shop’s profitability.
Now, people are left wondering how such a well-known and sturdy company suddenly experienced the business blues. What could be the reasons or the causes of Blacks business blues?
According to many analysts, one main culprit is the advancement of today’s cell phones. The rising surge of cell phones with cameras is no doubt one thing that contributed to Blacks’ blues. Naturally, if you can take your picture using your cell phone, there would be no need for you to go to the camera shop just to have your photo taken. And since majority of the population have cell phones with cameras, it greatly reduced their customers.
The popularity of social media is another contributing factor why Blacks Photography went low. The presence of social networking sites reduced people’s needs in printing their photos since they can just upload it on the internet for people to see. They can even create albums online. In fact, almost all people take pictures not because they want to put it in their offline album but the reason is mostly to upload it to their online album.
This left only a few traditional photographers to visit the shop, which is still not enough for the business to thrive.
Overall, advancement in technology still took away people’s reasons to visit Blacks Photography. In fact, Blacks is not the only camera shop experiencing the blues but a lot more too. Blacks could still succeed if it comes back with products or services that could give back the people’s reasons to visit the camera shop again.