Lasting from the late 1970s and pursuing into the 1980s, the videotape format war influenced the modern world through intense capitalistic competition between the models of consumer-level analog videocassettes and cassette recorders. The two sides? The Betamax and the Video Home System, commonly referred to as the VHS. It’s kind of amazing to think of this in a “historical” sense. But, it’s also how modern technology works. The VHS won this war, becoming the dominant home video format for a period of time, but ultimately it would become obsolete on its own terms.
While I don’t believe traditional retail is dying, I do believe it’s transforming. The buy-and-sell process is still very well seen even with big online dealers such as Amazon. Instant access is huge for customers. Accessability is huge. Why would anyone want to get in their car and drive somewhere when they can lounge around in their underwear and purchase the next Fifty Shades of Grey or whatever the general population has decided is “good fiction” from the luxury of their own home? Traditional retail is attempting to step into a world of convenience. The conventional store front is evolving into an online webpage.