Comments on: Peerflix To Close DVD Business, Continue As Ad Seller Only

By: ss

ss — Mon, 31 Mar 2008 18:46:57 +0000

5% damage rate on DVDs! Do the math. Same reason why Netflix wants to get out of DVD rentals and into online streaming.

By: www.teletubis.info » Blog Archive » Peerflix Procrastinating On Customer Refunds

Thu, 27 Mar 2008 16:44:08 +0000

[...] we reported yesterday, Peerflix is to close its core DVD sharing/ swapping business April 23. Since then we’ve [...]

By: Terbaik.Net » Blog Archive » Peerflix Procrastinating On Customer Refunds

Wed, 26 Mar 2008 15:06:46 +0000

[...] we reported yesterday, Peerflix is to close its core DVD sharing/ swapping business April 23. Since then we’ve [...]

By: Sad Peerflix Customer

Sad Peerflix Customer — Wed, 26 Mar 2008 14:49:19 +0000

Too bad. I liked the idea and figured they would branch out into other media (i.e. swapping video games). I suspect that the customers just didn’t come as I had 30+ DVDs on the site that weren’t moving. Of course no one is going to swap their great movies so that might have had something to do with it. Too much crap…. not enough quality.

By: Peerflix Procrastinating On Customer Refunds

Peerflix Procrastinating On Customer Refunds — Wed, 26 Mar 2008 05:04:03 +0000

[...] we reported yesterday, Peerflix is to close its core DVD sharing/ swapping business April 23. Since then we’ve [...]

By: Fidel Cast

Fidel Cast — Tue, 25 Mar 2008 21:14:41 +0000

What did they do with that money? How do you blow through that? Code monkeys and foozeball tables can’t cost that much!

By: Peerflix Is Shutting Down auf maol Jeopardy!

Peerflix Is Shutting Down auf maol Jeopardy! — Tue, 25 Mar 2008 20:52:22 +0000

[...] (Via) [...]

By: HiDefDVD.com

HiDefDVD.com — Tue, 25 Mar 2008 16:36:50 +0000

Sometimes being so laser focused as peerflix was just leads to trouble.

Being a DVD retailer I could have guaranteed their death long ago. The reason is discs are so cheap, people don’t care about swapping them. It’s dealing with a garage sale level of sales, which is fine if you are a mass platform site like eBay, but to be singularly focused, it means trouble.

David’s example of swaptree is a better one, which a chance to survive. And because they aren’t bound by one category, they could easily open up to more areas of interest and expand their business.

“now the web’s fastest growing vertical movie network”

I love this quote! .. Yep they are not only the fastest, they are the first and only.

By: David

David — Tue, 25 Mar 2008 13:23:41 +0000

It was a great idea poorly executed and poorly managed. Anyone who saw the peerflix game their marketing team spit out had to wonder how they were spending their money.

Didnt help that superior sites like http://www.swaptree.com popped up at the same time that they were having what appeared to be leadership and direction issues.

By: Peerflix Alternative

Peerflix Alternative — Tue, 25 Mar 2008 13:19:32 +0000

Well I feel bad for the peerflix members who have built up a big “trade cash” balance from sending out their own DVDs and now will have nothing to show for it.

How about giving them an alternative and maybe even working with a free alternative where they can transfer over their credits to such free alternative and use them there?

Good for the current peerflix members, good for the guys behind peerflix (don’t have a bunch of angry people who will never trust one of your startups again) and good for alternative owner and members…everyone wins!

Or why not at least try and sell off those assets and let someone else run the trading network?

By: biology student

biology student — Tue, 25 Mar 2008 12:45:48 +0000

one more example that not every web startup can succeed in offline business or product delivery.

By: Adrian Keys

Adrian Keys — Tue, 25 Mar 2008 12:43:04 +0000

Seems a smoke screen to me…something else must be wrong. Seems an executable business model plus with all the analytical tools available why are they just finding out that the DVD component is infeasible?

By: yddod

yddod — Tue, 25 Mar 2008 12:39:38 +0000

Having started and worked at a competing site (swapadvd.com) I can say that they were always changing their business model which seemed to lead to their downfall.

By: Owalog

Owalog — Tue, 25 Mar 2008 10:39:56 +0000

It could have been a good business model but I think the market did not just respond to it hence deadpool.

By: Jade Goody

Jade Goody — Tue, 25 Mar 2008 09:51:43 +0000

I guess the world wasn’t ready for vertical movies….

By: Boopdeboop

Boopdeboop — Tue, 25 Mar 2008 08:51:12 +0000

I agree with skidoo, it seems like a pretty damn efficient business model, one they could have executed without the VC financing methinks. Why not keep the site up and running if only for the banner ads they could show with the extra traffic. They are doing something dreadfully wrong if that unit isn’t cash flow positive.

By: skidoo

skidoo — Tue, 25 Mar 2008 07:25:56 +0000

man, how could they go to the dead pool when having zero cost ?? i mean it’s not netflix, they didn’t even own any DVD. the system was working by itself and members were shipping DVDs in self-printed enveloppes. the only thing peerflix had to do was collect commission. i mean, WTF ??? Billy Mc Nair is just a damn’ looser or simply bought a yacht with the 10millions$ he raised from BV capital.

By: Ashi

Ashi — Tue, 25 Mar 2008 06:35:54 +0000

haven’t been to the site yet. but i fell that it is the lack of leadership and a leader’s vision which is leading to its closure.

By: BlogReader

BlogReader — Tue, 25 Mar 2008 06:31:20 +0000

fastest growing vertical movie network.

What on earth is that? Some sort of ad network? IMDB? Perez Hilton gossip site?

By: will

will — Tue, 25 Mar 2008 06:22:29 +0000

“web’s fastest growing vertical movie network.” . . . its almost like the leading search engine for french-canadians living in california

By: John

John — Tue, 25 Mar 2008 06:16:46 +0000

I guess Patent No. 6,847,938 is now for sale…

By: Hypnosis Blog

Hypnosis Blog — Tue, 25 Mar 2008 06:11:31 +0000

This is what happens when you don’t have a clear vision

By: 113.com

113.com — Tue, 25 Mar 2008 06:09:10 +0000

In fact a lot of web2.0 companies didn’t know what they wanted to be…