SWOT Analysis: Green-Bestbuy

Green – BestBuy – This retailer has been around for as long as I’ve been around. It opened it’s first store in Minnesota back in 1966. They sell and contribute to the community cheap and reasonable prices. They have a lot of competitors beat. When I think about electronics for any of my products, I think of BestBuy and go there for my needs.
Red – Electronics Retailers (Competitors) - When I think about Electronic Retailers I generally think about; cellphones, laptops, digital cameras, printers, DVD’s, and gaming consoles. But, being the leading carrier of these electronics, I have always used BestBuy personally. Not only because I’ve been doing the research on this project for class but, I’ve always done business with this company when

it comes to electronics. I’ve never had a bad experience when dealing with the company.
Red – Wal-Mart supercenter – (Quick and easy and open 24/7) – When I think about this competitor for BestBuy they have some advantages over BestBuy. Number one is that they stay open 24/7. That is a huge drawback when it comes to customer service. However, Wal-Mart does have price match as well as for BestBuy. My opinion, I believe that is something if BestBuy would ever produce into existence would make them the number one in the USA.
Red – Online Retailers (Amazon, eBay) – However, with this stagey that the companies have marketed is much more efficient for those of us (Customers/Consumers) that have a much heavier schedule in life would depend on. It benefits everyone really because, it’s less time consuming plus you don’t have to get up out of your comfortable chair, couch or even bed. People don’t usually take advantage over the online shopping due to neglect with credit cards and bank cards but, it’s coming more and more popular with every generation as we get older. We should all adapt to the changes that the generation is producing and evolve with the world.