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Honored Contributor
Posts: 14,755
Registered: ‎03-15-2014

Article in Today's Philadelphia Inquirer

I don't think this has been posted yet; if so, I apologize.  It's about QVC's business.  Contains nothing we don't already know but I thought some would be interested.

 

http://www.philly.com/philly/business/Not-your-parents-QVC.html

Honored Contributor
Posts: 25,929
Registered: ‎03-09-2010

Re: Article in Today's Philadelphia Inquirer

I got a good laugh when asked why they think sales are dropping they said things like the election and world events like terrorism have people distracted. No thought at all that it may be the totally dull and repetitive and overpriced products. This company is totally missing the mark.

Honored Contributor
Posts: 65,696
Registered: ‎03-10-2010

Re: Article in Today's Philadelphia Inquirer

[ Edited ]

Thanks for sharing...

 

Interesting that for such a supposed tech-savvy and forward moving company they can't seem to field a consistently functional website...

 

I'd also note that George's continued blaming of 'current events' as the primary reason for the stagnant financials is getting old... actually, it's been old for some time... He needs to come up with a brand new excuse...

 

Interesting that they're out their 'mining' social media and are apparently not reading these very boards to see what their customers are saying about them and about what they'd like to see more and less of...

 

And yet again, it appears their publicist has been working overtime... Either that, or it was a slow news day in Philly...

 

Woman Wink


In my pantry with my cupcakes...
Esteemed Contributor
Posts: 7,136
Registered: ‎06-29-2010

Re: Article in Today's Philadelphia Inquirer

Could be that folks are just plain tired of the lies they tell about their wonder products.

Never Forget the Native American Indian Holocaust
Honored Contributor
Posts: 16,242
Registered: ‎03-09-2010

Re: Article in Today's Philadelphia Inquirer

@steviebYou know what?   I have money to spend.  I'm one of the lucky ones, but as the country spiraled into chaos in the months before the election and stayed that way after, I found myself buying pretty much only necessities.

 

A look at my charge card statements for the 4thQ is probably 90% supermarkety, gas station, and medical.I just shut down.  I doubt I'm the only one.

 

I haven't checked recently, but I know there was a thread during that quarter talking about a drop in Liberty's stock, but since a drop or rise not put into perspective is meaningless, I looked at the financials for some of my favorite places to buy when I am buying.  QVC was head and shoulders above most and even with a few others.

 

Perhaps also informative?  I recently spent some time with my broker resetting part of my portfoloio and there was not a single recommendation from him suggesting I check into retail -   there haven't been any for several years.  Seems few have any idea where retail is headed.  I ceertainly don't.

 

People who aren't liking QVC will crow about the drop, but without seeing         the layt of the retail land generally, it just doesn't mean much.

Honored Contributor
Posts: 18,411
Registered: ‎04-28-2010

Re: Article in Today's Philadelphia Inquirer

[ Edited ]

O/T: Speaking of Philadelphia, I ran across C*tholic Mass on TV, celebrated at Christ King Chapel in St. Francis de Sales Seminary.  Beautiful.  The priest mentioned something about especially to the people in Philadelphia, so I'm guessing that's where it was televised.  EDITED: I just web searched.  It's in Wisconsin.  Wondering why he mentioned Philadelphia.  I didn't watch the entire mass, just the last half, btw.  

'More or less', 'Right or wrong', 'In general', and 'Just thinking out loud ' (as usual).
Respected Contributor
Posts: 4,520
Registered: ‎03-04-2012

Re: Article in Today's Philadelphia Inquirer

I disagree that all retail is down - brick and mortar is down, but online sales are booming.  Car sales are booming.  People are spending again.  So if the Q's sales are down, it's not as a result of low sales across the board, they are doing something wrong - showing same old items repeatedly, prices have jumped considerably, quality is down, shipping is horrible - generally, they don't listen to their customers.

Honored Contributor
Posts: 65,696
Registered: ‎03-10-2010

Re: Article in Today's Philadelphia Inquirer

@millieshops Thanks for your thoughts, but clearly, you have a relatively singularly positive perspective of QVC that some of us, me included, don't share... 


In my pantry with my cupcakes...
Honored Contributor
Posts: 18,411
Registered: ‎04-28-2010

Re: Article in Today's Philadelphia Inquirer

[ Edited ]

Wish they would/could fix the pop-ups.  It's been approx. 3 weeks.  The one saying that Only secure content is being shown, and to click onto Show all content.  Again, why would we want non-secure content along with our secure content?   Hey, if most/many viewers are getting this pop-up, could be that they aren't ordering online.  Well, just a thought;  I'm always wishing QVC well, because I like their overall business vision.   A few 'fixes' here and there would be nice.   Otherwise, they are a top class shopping venue.

'More or less', 'Right or wrong', 'In general', and 'Just thinking out loud ' (as usual).
Honored Contributor
Posts: 15,020
Registered: ‎05-23-2015

Re: Article in Today's Philadelphia Inquirer

There are so many places to buy the products that QVC is selling, I think that's why they push easy pay. I'm not a fan, but  many like and use it. I'm no marketing expert, but it seems like when you're competing with the big dogs you have to find something that sets you apart, instead of just selling the same thins as everyone else. I for one will go where I can get the best price, why not?

" You are entitled to your opinion. But you are not entitled to your own facts."
Daniel Patrick Moynihan