Thursday, December 14, 2017

Retailers Fight Back This Christmas


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Retailers Fight Back This Christmas

            It is no secret that online shopping has become a major player in retail sales. Online retail giant Amazon, has forced the rest of the market to adapt to the e-commerce technological environment. One of the retailers having to face this adjustment is Best Buy. Something that amazon is not able to do is give the customer a great physical shopping experience. Because of that, Best Buy has re-invested in its stores to give the customer a better buying experience. This ranges from integrating mobile Point Of Sale tablets that allow employees to ring out customers from anywhere in the store, to enhancing displays that allow customers to experience to see and demo products that they are thinking about purchasing.

I personally work for Best Buy, and have seen how the company has adapted to Amazon’s competition. Best Buy is now able to offer customer pick up in as little as 1 hour and has partnered up with third party companies to offer same day delivery, on top of free shipping for all products during this holiday season. At the store I work at, I know that bestbuy.com accounted for 45% of our sales on Black Friday, and a good portion of those sales were televisions that were to be picked up at a later day. Being forced to adapt to e-commerce technological environment, Best Buy is now able to offer customers a better in store experience, and is now able to deliver online orders much quicker, in hopes to take part of the e-commerce market.



By: Gustavo Ocampo



https://www.wsj.com/articles/how-retailers-can-fight-back-at-christmas-1512037800

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