bingowings
Registered Shopper
- Joined
- May 31, 2013
- Messages
- 502
I barely watch shopping channels these days. Not since BID UP disappeared. But have flicked over to IW a few times recently. Mainly through boredom but also because a friend told me the state the channels are in and I wanted to see for myself how bad things are - I didn't have to watch for long to see the desperation in the eyes of the staff. They really smack of a channel on it's last legs.
From what I hear from someone who until recently was high up in the buying department (but like a great number of others got out while they could) IW are in dire trouble with their suppliers and losing a great deal of money. I think it's really sad to see another of these channels heading in a downward spiral. It seems to me like shopping tv as a whole is on it's last legs. The jewellery channel now sells bags and scarfs to make ends meet, Gems TV are flogging. BID TV products via some charity scam to cover the short falls of their jewellery business and QVC have barely turned a profit in years too.
From what I hear from someone who until recently was high up in the buying department (but like a great number of others got out while they could) IW are in dire trouble with their suppliers and losing a great deal of money. I think it's really sad to see another of these channels heading in a downward spiral. It seems to me like shopping tv as a whole is on it's last legs. The jewellery channel now sells bags and scarfs to make ends meet, Gems TV are flogging. BID TV products via some charity scam to cover the short falls of their jewellery business and QVC have barely turned a profit in years too.