What Killed Blackberry | Vusi Thembekwayo

The rise and fall of BlackBerry BlackBerry was once a dominant force in the smartphone market. In 2007, it had a 40% market share. But by 2016, its market share had fallen to just 1%. So what happened? BlackBerry was slow to adapt to the changing smartphone market. While other companies were releasing new features and apps, BlackBerry was stuck with its old platform. This made it difficult for BlackBerry to compete with the likes of Apple and Android. BlackBerry was once seen as the cool phone to have. But as other companies released more stylish and innovative smartphones, BlackBerry became seen as the phone for old people. BlackBerry’s fall is a cautionary tale for businesses. It shows that it’s important to innovate, stay focused on your customers, and have a good user experience. If you don’t, you could end up like BlackBerry. So what can businesses learn from BlackBerry’s fall? The market is constantly changing, so you need to be willing to change with it. If you don’t, you’ll be left behind. Make sure your products and services are meeting the needs of your customers. If you’re not, you’re going to lose them to your competitors. Don't forget to follow us on Instagram - @financian_ https://www.instagram.com/financian_/ Don't forget to follow us on TikTok - @financian_ https://www.tiktok.com/@ financian_ #short #shorts #motivation

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