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04-16-2017 11:36 AM
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
04-16-2017 11:51 AM
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.
04-16-2017 11:57 AM - edited 04-16-2017 06:21 PM
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...
04-16-2017 11:59 AM
Could be that folks are just plain tired of the lies they tell about their wonder products.
04-16-2017 12:21 PM
@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.
04-16-2017 12:24 PM - edited 04-16-2017 12:32 PM
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.
04-16-2017 12:31 PM
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.
04-16-2017 12:32 PM
@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...
04-16-2017 12:36 PM - edited 04-16-2017 12:40 PM
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.
04-16-2017 12:36 PM
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?
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