While Best Buy remains the largest electronics retailer, consumers these days are used to having multiple options for everything, and many of the other retailers are rapidly encroaching on the space. It goes without saying that the competition is online.
Monday, April 11, 2011
Best Buy Lags Online Sites
It probably was inevitable that Best Buy would start to feel the impact of competition from online sites. It now appears as though the serious pressure has arrived.
While Best Buy remains the largest electronics retailer, consumers these days are used to having multiple options for everything, and many of the other retailers are rapidly encroaching on the space. It goes without saying that the competition is online.
While Best Buy remains the largest electronics retailer, consumers these days are used to having multiple options for everything, and many of the other retailers are rapidly encroaching on the space. It goes without saying that the competition is online.
Gary Kim was cited as a global "Power Mobile Influencer" by Forbes, ranked second in the world for coverage of the mobile business, and as a "top 10" telecom analyst. He is a member of Mensa, the international organization for people with IQs in the top two percent.
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