Download presentation
Presentation is loading. Please wait.
Published byShavonne Patrick Modified over 9 years ago
1
Allen Hughes Merchant Lead, Gadgets & eReaders
2
Who has Gadgets & eReaders in their stores today?
3
Who has Inventory?
4
We pushed hard to get this in for Holiday… We have 80% in-stock today
5
We pushed hard to get this in for Holiday… We have 80% in-stock today 99% in-stock by 10/18
6
We pushed hard to get this in for Holiday… We have 80% in-stock today 99% in-stock by 10/18 Merch Kit on 10/18 to clean up for Holiday
7
We pushed hard to get this in for Holiday… We have 80% in-stock today 99% in-stock by 10/15 Merch Kit on 10/18 to clean up for Holiday And remember, this is UNBUDGETED!
8
G&eR represents unbudgeted growth… eReaders – the next billion dollar category for Best Buy * Source: Credit Suisse Analyst Report
9
G&eR represents unbudgeted growth… eReaders – the next billion dollar category for Best Buy 51% annual industry growth * Source: Credit Suisse Analyst Report
10
G&eR represents unbudgeted growth… eReaders – the next billion dollar category for Best Buy 51% annual industry growth $13B in eReaders & eBooks by 2014 * Source: Credit Suisse Analyst Report
11
G&eR represents unbudgeted growth… eReaders – the next billion dollar category for Best Buy 51% annual industry growth $13B in eReaders & eBooks by 2014 Over 100% attach ratio with GS BTP, covers and content cards * Source: Credit Suisse Analyst Report
12
G&eR represents unbudgeted growth… eReaders – the next billion dollar category for Best Buy 51% annual industry growth $13B in eReaders & eBooks by 2014 Over 100% attach ratio with GS BTP, covers and content cards $55M just in eReaders for Best Buy FY ’10 * Source: Credit Suisse Analyst Report
13
…while solving customer needs Gadgets – entertaining gifts with great margins
14
…while solving customer needs Gadgets – entertaining gifts with great margins #1 place customer expect to find gadgets
15
…while solving customer needs Gadgets – entertaining gifts with great margins #1 place customer expect to find gadgets 90% of you wanted these products in- store
16
…while solving customer needs Gadgets – entertaining gifts with great margins #1 place customer expect to find gadgets 90% of you wanted these products in-store Many of our top products have 35% gross margin
17
Holiday Priority #1: Drive eReaders Best Buy is the place to test, try and buy the latest technology
18
Holiday Priority #1: Drive eReaders Best Buy is the place to test, try and buy the latest technology Marketing
19
Play video from DVD – Sony Commercial NOT FOR PRESENTATION
20
Holiday Priority #1: Drive eReaders Best Buy is the place to test, try and buy the latest technology Marketing Interactive display
21
Holiday Priority #1: Drive eReaders Best Buy is the place to test, try and buy the latest technology Marketing Interactive display Full Accessory, Service & Content offerings
22
Holiday Priority #1: Drive eReaders Best Buy is the place to test, try and buy the latest technology Marketing Interactive display Full Accessory, Service & Content offerings Physical books
23
Holiday Priority #1: Drive eReaders Best Buy is the place to test, try and buy the latest technology Marketing Interactive display Full Accessory, Service & Content offerings Physical books You!
24
eReaders are Gadgets…for now. Customers see this as a new, cool technology…a gadget Category will grow and become common MP3 Players used to be gadgets too
25
Holiday Priority #2: Giftable Gadgets Best Buy has the latest gadgets to entertain your mind
26
Holiday Priority #2: Giftable Gadgets Best Buy has the latest gadgets to entertain your mind Engaging in-store experiences
27
Holiday Priority #2: Giftable Gadgets Best Buy has the latest gadgets to entertain your mind Engaging in-store experiences All age ranges
28
Holiday Priority #2: Giftable Gadgets Best Buy has the latest gadgets to entertain your mind Engaging in-store experiences All age ranges Great margins
29
Holiday Priority #2: Giftable Gadgets Best Buy has the latest gadgets to entertain your mind Engaging in-store experiences All age ranges Great margins You!
30
Davian Altamiranda District Manager
31
How does Gadgets and eReaders tie into our Integrated Frame? Financial FY10 - $110 million Many items 35% GMP Unbudgeted Growth! Customer Expect to find latest Gadgets Test and Compare – In-store experiences Great Gift Ideas – Stimulate the Mind Employee 90% employees ask for it All-Store Meeting Launch Learning Lounge
33
Communications will drive consumer and employee awareness Strategy #1: Drive awareness w/ existing traffic & assets Tactics: HD Wall Insert BBY.com Reward Zone
34
Communications will drive consumer and employee awareness Strategy #1: Drive awareness w/ existing traffic & assets Tactics: HD Wall Insert BBY.com Reward Zone Strategy #2: Engage our customers and introduce the category Tactics: Launch campaign Paid search Facebook apps Viral campaign PR/Events
35
Communications will drive consumer and employee awareness Strategy #1: Drive awareness w/ existing traffic & assets Tactics: HD Wall Insert BBY.com Reward Zone Strategy #2: Engage our customers and introduce the category Tactics: Launch campaign Paid search Facebook apps Viral campaign PR/Events Strategy #3: Highlight these products as great gifts Tactics: BBY holiday TV ad BBY Gift Guide Sony TV ad @15 “Gifts that Give”
36
Communications will drive consumer and employee awareness Strategy #1: Drive awareness w/ existing traffic & assets Tactics: HD Wall Insert BBY.com Reward Zone Strategy #2: Engage our customers and introduce the category Tactics: Launch campaign Paid search Facebook apps Viral campaign PR/Events Strategy #3: Highlight these products as great gifts Tactics: BBY holiday TV ad BBY Gift Guide Sony TV ad @15 “Gifts that Give” Strategy #4: Get employees to drive awareness Tactics: Kickoff event in KC All-Store Training Tag TV Learning Lounge ETK Widget
37
It’s about Growth, Gifts & Margin Growth – eReaders will be huge
38
It’s about Growth, Gifts & Margin Growth – eReaders will be huge Gifts – Broad selection
39
It’s about Growth, Gifts & Margin Growth – eReaders will be huge Gifts – Broad selection Margin – Unbudgeted upside
40
It’s about Growth, Gifts & Margin Growth – eReaders will be huge Gifts – Broad selection Margin – Unbudgeted upside Overall – $110M in FY ‘10
42
Brain Playground Join Us Tonight @ 7 and Tomorrow Night Near the Gaming Lounge
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.