Blockbuster Vs. Netflix
Can Blockbuster Stay in Business or Will Netflix Blow it Out of the Movie Rental Business Once and for All?
Apart from days when the Post Office was closed I always got my movies in a day or two at the most. And if I kept forgetting to mail the movies back it wasn't a problem. There wouldn't be any late fees and I could hang on to the movies forever if I wanted to. Now Blockbuster has 'Blockbuster Total Access" and they try to show Netflix up by pointing out that they allow you to trade movies in at a local store instead of wait for more to be mailed. The catch being that if you do trade them in at a store you'll be subject to possible restocking fees if you don't return them within a specific time. Something a friend of mine found out the hard way when she rented some movies and they messed up by sending her the wrong ones.
Ones she didn't even have in her list. So she went to the store to exchange them, which they let her do. No one told her she had to bring them back within five business days or have to pay a "restocking fee" for each DVD. She had three of them at the time. Well work and the kids got her so busy she forgot about the movies for two weeks. When she found them she took them back to the store. The clerk stopped her and told her she had to pay the restocking fees. She asked what he was talking about and he explained it to her. Naturally she was upset. Restocking fees can be as high as $5 per movie per day for new releases. She argued with the clerk saying that she had Blockbuster Total Access which advertises itself as having no late fees and no hidden fees.
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