Tag: Best Buy

Best Buy’s Secrets for Thriving in the Amazon Age | The New York Times

Best Buy’s Secrets for Thriving in the Amazon Age | The New York Times

Happy-looking people were huddled around tables filled with the latest gadgets from Microsoft and Apple. The video game aisle was bustling. Blue-shirted employees were helping a customer pick from a glowing wall of flat-screen TVs. There was a line — a line! — at the checkout counter. Many people, myself included, assumed that the entire […]

Best Buy Defies Retail Doldrums, Posting Higher Sales | WSJ

Best Buy Defies Retail Doldrums, Posting Higher Sales | WSJ

To fend off digital competition, Best Buy gave up efforts to charge consumers more in stores than online. It promised in 2013 to match online competitors’ prices and brought its prices in line with Amazon’s—a move that has paid dividends now that shoppers can instantly check prices on their smartphones. The price guarantee made a […]

Pricer’s Points: Retailers – Best Buy | Michael Calogridis

Pricer’s Points: Retailers – Best Buy | Michael Calogridis

3. Pricing – Best Buy has gone from being viewed only for ‘show-rooming’ to being price competitive. Overall, this is a good thing but (and here’s the real but), to be at a price parity level with other retailers who do not offer the in store sales experience is basically giving that information and knowledge away […]

Pricing News Daily > 7/11/14

Pricing News Daily > 7/11/14

Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. Today’s Headlines The Worst Kind of Customer… | The Sales Hunter They bought on price, not on the solution you’re providing them. This low-price customer is now […]

Best Buy’s Transformation, Part Two – Ignite the Possible | Retail News

Best Buy’s Transformation, Part Two – Ignite the Possible | Retail News

Best Buy has not only increased pricing competitiveness, but also implemented a low price guarantee that has allowed it to turn the issue of showrooming on its head. With traffic generating and customer experience initiatives that drove a 20% online sales increase the retailer proved its commitment to serve customers how, when and where they […]

Pricing News Daily > 1/20/14

Pricing News Daily > 1/20/14

Top Headlines OPINION: Tactical pricing is the future of successful retail | PCR Spotify Drops Desktop Streaming Limits–a Pricing Precedent? | Inc. Ten Things You May Not Know About Ebook Prices | TechCrunch The Power of Pricing: How to Improve Your Pricing and Profits | Vistage Best Buy’s Cheaper Price Strategy Fizzles for Christmas | […]