BEST BUY Youtube.com. History History Sales Strategy Sales Strategy Competitors Competitors Company Analysis Company Analysis Recommendations Recommendations.

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Presentation transcript:

BEST BUY Youtube.com

History History Sales Strategy Sales Strategy Competitors Competitors Company Analysis Company Analysis Recommendations Recommendations Conclusion Conclusion

Sound of Music was established in 1966 by Richard M. Schulze Named Best Buy Co., Inc in 1983 and headquarters in Richfield, Minnesota

Best Buy (BBY) debuted on became the first national retailer to sell DVD hardware and software 2000 bestbuy.com has been launched 2004 Virtucom Group of Syracuse, NY is hired for Best Buy Best Buy opened 1,000th physical store

History

History 2007 the first Best Buy opened in China 2007 the first Best Buy opened in China Largest Best Buy existence Largest Best Buy existence

Target Consumers Great Customer Service (Geek Squad) Angil-Devil Strategy

Global Expansion Warranties and Rewards Brand Recognition

Dell Inc RadioShack Corp Circuit City Stores, Inc

Dell, Inc. is a multinational technology corporation and established in 1984 Headquarters in Round Rock, TX, USA In 2008, revenue was $ Billion Employees 80,800 by 2008 Dell’s first store locates the new Gorbuskin Dvor retail center in Moscow, Russia

RadioShack Corporation is a chain of electronics retail stores and founded in1921 Headquarters in Fort Worth, Texas, USA In 2007, revenues was $4.821 billion Employees over ,450 outlets in US, Puerto Rico, and the Virgin Islands.

Circuit City Stores, Inc. was an American dealer and retailer in brand-name consumer electronics. Founded in 1949 and defunct in January, 2009 Headquartered in Richmond, Virginia, USA There were 567 Circuit City Stores nationwide

Customer Service Availability to Purchase (

Pricing Product Selection

RFID Mobile Cell Phone Industry

Most Competitive Industry

Economy Best Buy CO Inc After Hours: (0.08%) 7:52PM ET Last Trade:38.13Day's Range: Trade Time:4:00pm ET52wk Range: Change:0.89 (2.28%)Volume:6,184,836 Prev Close:39.02Avg Vol (3m):10,816,000 Open:38.77Market Cap:15.77B Bid:N/AP/E (ttm):15.98 Ask:N/AEPS (ttm):2.39 1y Target Est:41.26Div & Yield:0.56 (1.40%)

Short-Term Be less dependant on U.S. sales Follow customer-centric model Get attention on TV market

Long-Term Launch new digital products Expand business internationally Maintain image brand

Use their strengths and opportunities Open new market Be sensitive to market changes

Any Questions?