Comments on: How Radio Shack lost their buyer focus and their business /blog/how-radio-shack-lost-their-buyer-focus-and-their-business Empower Your B2B Marketing with Insightful É«»¨ÌÃs Wed, 17 Apr 2019 16:45:58 +0000 hourly 1 By: Visnja /blog/how-radio-shack-lost-their-buyer-focus-and-their-business/comment-page-1#comment-125527 Sun, 05 Apr 2015 22:39:33 +0000 /?p=3229#comment-125527 In reply to Adele Revella.

You’re so right, Adele, when you saiy “Radio Shack would have been better served to stick to its goal of serving the core buyer that did want to build stuff” -> RadioShack would have its hands full today with customers who are into 3D printing and Arduinos and the whole maker movement. Imagine 7000 stores catering to this fast-rising new market.

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By: Adele Revella /blog/how-radio-shack-lost-their-buyer-focus-and-their-business/comment-page-1#comment-121270 Fri, 13 Mar 2015 18:56:51 +0000 /?p=3229#comment-121270 In reply to Guy Page.

Thanks for the comment, Guy. I’ve heard about “Innovator’s Dilemma” and just moved it up on my priority reading list.

You are so right that some companies target buyers who are more likely to “move on” and out of a company’s area of competence. Tech companies are particularly vulnerable. There really isn’t anyone in the company who can gather buying insight in the normal course of business. Sales people only talk to buyers who include the company in their consideration set. Customer service people hear from users about concerns that never factored into their buying decision.

I am hoping to help companies understand that buyer personas are not about pretty pictures and Powerpoints. We desperately need to evolve the marketing role to be the source of real insight into their target buyers’ expectations and their evolving attitudes about the company’s ability to address them. Radio Shack would have been better served to stick to its goal of serving the core buyer that did want to build stuff, and being the best at filling that need, even if it meant becoming a smaller company than they had envisioned.

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By: Guy Page /blog/how-radio-shack-lost-their-buyer-focus-and-their-business/comment-page-1#comment-121224 Fri, 13 Mar 2015 16:31:35 +0000 /?p=3229#comment-121224 The Radio Shack story is one that would fit in comfortably with the other disasters documented in Clayton Christensen’s seminal “Innovator’s Dilemma” — which include DEC. Highly successful companies are highly vulnerable to significant market change. The market for McDonald’s or Starbucks doesn’t change all that much from year to year. The market for DEC, Radio Shack, Winchester, and many tech companies can change dramatically over the course of just a few years. As Christensen documents repeatedly, a company’s success can also be its barrier to effective adaptation to market changes. Radio Shack’s demise may not only have been due to losing focus, but also to the fact that the customers they served so well moved on; moved out of Radio Shack’s area of competence. And like many large and successful tech companies, they were unable to restructure their processes and culture to move with the market.

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