Jessops gone into administration...
Discussion
eltawater said:
..
Amazon saw this coming a mile off with dead tree books hence the big drive to Kindle. Paper based books will always have a place, but make it simple and convenient for people to download to their Kindles et al and just cream off all the margin from electronic sales for very little effort.
http://uk.finance.yahoo.com/q/bc?s=AMZN&t=5y&a...Amazon saw this coming a mile off with dead tree books hence the big drive to Kindle. Paper based books will always have a place, but make it simple and convenient for people to download to their Kindles et al and just cream off all the margin from electronic sales for very little effort.
I was pondering about Jessops the other day and was thinking about other photography shops.
Compare this lot with Jessops: http://www.parkcameras.com/
They started up in 1971, so long before online.
As you can see they have taken to the online market, but they also have a proper showroom.
Its staffed by people interested in the hobby, who I presume will be able to give good, relevant advice to customers
They run training courses and other events.
Their prices are not the best but pretty good.
They stock a wide variety of accessories and bits and bobs.
Lots of added value for customers. They moved in to a brand new building a couple of years ago and often have large adverts in magazines and every so often have separate multi page brochures sent out with the magazines
That could of been Jessops, but they decided to go the box shifting route and thus cut themselves off from any added value.. and it killed them.
Compare this lot with Jessops: http://www.parkcameras.com/
They started up in 1971, so long before online.
As you can see they have taken to the online market, but they also have a proper showroom.
Its staffed by people interested in the hobby, who I presume will be able to give good, relevant advice to customers
They run training courses and other events.
Their prices are not the best but pretty good.
They stock a wide variety of accessories and bits and bobs.
Lots of added value for customers. They moved in to a brand new building a couple of years ago and often have large adverts in magazines and every so often have separate multi page brochures sent out with the magazines
That could of been Jessops, but they decided to go the box shifting route and thus cut themselves off from any added value.. and it killed them.
Crafty_ said:
I was pondering about Jessops the other day and was thinking about other photography shops.
Compare this lot with Jessops: http://www.parkcameras.com/
They started up in 1971, so long before online.
As you can see they have taken to the online market, but they also have a proper showroom.
Its staffed by people interested in the hobby, who I presume will be able to give good, relevant advice to customers
They run training courses and other events.
Their prices are not the best but pretty good.
They stock a wide variety of accessories and bits and bobs.
Lots of added value for customers. They moved in to a brand new building a couple of years ago and often have large adverts in magazines and every so often have separate multi page brochures sent out with the magazines
That could of been Jessops, but they decided to go the box shifting route and thus cut themselves off from any added value.. and it killed them.
I've bought from Park off the web and from the shop (they're local but the web is convenient sometimes!)Compare this lot with Jessops: http://www.parkcameras.com/
They started up in 1971, so long before online.
As you can see they have taken to the online market, but they also have a proper showroom.
Its staffed by people interested in the hobby, who I presume will be able to give good, relevant advice to customers
They run training courses and other events.
Their prices are not the best but pretty good.
They stock a wide variety of accessories and bits and bobs.
Lots of added value for customers. They moved in to a brand new building a couple of years ago and often have large adverts in magazines and every so often have separate multi page brochures sent out with the magazines
That could of been Jessops, but they decided to go the box shifting route and thus cut themselves off from any added value.. and it killed them.
The staff are trained and interested as you say amd they offer courses and are a true one stop shop and are as far as I can see everything a modern retailer should be.
However, there are silly buggers out in the market who will give cameras/lenses et al away, how long can Park continue unless they compete with those on camerapricebuster.com?
rpguk said:
Mermaid said:
Deloitte, which has been advising HMV’s lending banks, is being lined up as administrator to the chain, putting 4,000 jobs at risk.
Out of interest what would the fees on an administration be compared with the fees for general 'advising'?Podie said:
Ozzie Osmond said:
Question: How much longer can HMV stay afloat?
Can't be long... with things like this happening... http://www.bbc.co.uk/news/business-20944909Jessops sold to Peter Jones.. http://www.bbc.co.uk/news/business-21285587
Crafty_ said:
Jessops sold to Peter Jones.. http://www.bbc.co.uk/news/business-21285587
A store in each major town/city ( max 20) and then massive internet presence would be my choice. But he knows best Mermaid said:
Crafty_ said:
Jessops sold to Peter Jones.. http://www.bbc.co.uk/news/business-21285587
A store in each major town/city ( max 20) and then massive internet presence would be my choice. But he knows best Employ knowlegdeable genuinely interested staff to make it worthwhile for people who need advice to go there, and ensure that the dedicated enthusiast is not brassed off by someone who is just a till monkey.
Really massive internet presence as you say, and integrate the two sides to the business.
http://www.amateurphotographer.co.uk/photo-news/53...
"Jessops is poised to relaunch its website and has revived its photo printing and gift business. The news comes a month after Britain’s largest photography chain closed all its high-street stores."
Good news for some I suppose. So how's about an internet price war though ?
"Jessops is poised to relaunch its website and has revived its photo printing and gift business. The news comes a month after Britain’s largest photography chain closed all its high-street stores."
Good news for some I suppose. So how's about an internet price war though ?
Crafty_ said:
Mixed stories, some say there will be shops, others say online only.
Apparently Hilco bought some of the assets too, exactly who has what is unclear.
I haven't read the rest of the thread, so wholly unoriginal I'm sure, but the fact that all stock was returned to the central warehouse rather than the usual branch fire-sale, must have meant that a seed of a future was planted in the administrators' heads the moment they walked through the door.Apparently Hilco bought some of the assets too, exactly who has what is unclear.
Details starting to trickle out: http://www.amateurphotographer.co.uk/photo-news/53...
Canon owed £16.4m
Nikon £3.3m
Panasonic nearly £4m
Sony £3.2m
Fujifilm £2.6m
Some of this can be recovered by the stock they held.
HSBC £28.7m
Staff £1.4m
Canon owed £16.4m
Nikon £3.3m
Panasonic nearly £4m
Sony £3.2m
Fujifilm £2.6m
Some of this can be recovered by the stock they held.
HSBC £28.7m
Staff £1.4m
Crafty_ said:
I was pondering about Jessops the other day and was thinking about other photography shops.
Compare this lot with Jessops: http://www.parkcameras.com/
They started up in 1971, so long before online.
As you can see they have taken to the online market, but they also have a proper showroom.
Its staffed by people interested in the hobby, who I presume will be able to give good, relevant advice to customers
They run training courses and other events.
Their prices are not the best but pretty good.
They stock a wide variety of accessories and bits and bobs.
Lots of added value for customers. They moved in to a brand new building a couple of years ago and often have large adverts in magazines and every so often have separate multi page brochures sent out with the magazines
That could of been Jessops, but they decided to go the box shifting route and thus cut themselves off from any added value.. and it killed them.
I have shopped at Jessops for virtually everything over the past 30 years or so. I bought two cameras from them last year. I went to Park, just round the corner from me, yesterday and the staff reminded me of the 'old' Jessops. Helpful, knowledgeable and experienced. The age of the staff varied from the 'wee boy' the The Magii fame, to a bloke working on past retirement age. They didn't have the item in stock but advised me where I could get it. I've got to say that recently the Jessops that I used in the main was staffed by youngsters from university.Compare this lot with Jessops: http://www.parkcameras.com/
They started up in 1971, so long before online.
As you can see they have taken to the online market, but they also have a proper showroom.
Its staffed by people interested in the hobby, who I presume will be able to give good, relevant advice to customers
They run training courses and other events.
Their prices are not the best but pretty good.
They stock a wide variety of accessories and bits and bobs.
Lots of added value for customers. They moved in to a brand new building a couple of years ago and often have large adverts in magazines and every so often have separate multi page brochures sent out with the magazines
That could of been Jessops, but they decided to go the box shifting route and thus cut themselves off from any added value.. and it killed them.
The closing of Jessops isn't the great tragedy that I thought it might be.
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