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Best Buy’s Secrets for Thriving in the Amazon Age (2017)

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Re: Best Buy’s Secrets for Thriving in the Amazon Age (2017)

#61
post #53

In my experience, no other category is so heavily gamed by shady marketplace sellers on Amazon than electronics. Search for wireless headphones on both Amazon and Best Buy and it’s night and day what you see returned. I’m bullish on Best Buy simply because it’s not a free-for-all of cheap foreign knockoffs. Retail of yesteryear might stand a chance because employing buyers who actually curate merchandise to be sold w…

> I’m bullish on Best Buy simply because it’s not a free-for-all of cheap foreign knockoffs. After I worked on a project for BB, the best way I can describe what they sell is "high-end crap".

Could you elaborate?

Re: Best Buy’s Secrets for Thriving in the Amazon Age (2017)

#62

In my experience, no other category is so heavily gamed by shady marketplace sellers on Amazon than electronics. Search for wireless headphones on both Amazon and Best Buy and it’s night and day what you see returned. I’m bullish on Best Buy simply because it’s not a free-for-all of cheap foreign knockoffs. Retail of yesteryear might stand a chance because employing buyers who actually curate merchandise to be sold w…

That's why I like B&H Photo now too. All genuine products, sold by them, with real reviews. Their shipping is a little slower and they close Friday/Saturday which is frustrating but overall a good experience. They even do price guarantee if you contact CS which Amazon discontinued.

They started giving education discounts and they provide really good customer service. I don't really have much of a problem with their closings other than I now keep a bit of a track of Jewish holidays. As long as you get your order in by early Friday, it tends to ship as fast as anyone. Plus, being assured the electronics I order is actually what makes it to my door makes it quite a bit nicer than Amazon.

Re: Best Buy’s Secrets for Thriving in the Amazon Age (2017)

#63
BestBuy is a step down from frys, which is itself a depressing experience.

Poor inventory, mislabeled items, disinterested staff.

I happily shop with New Egg simply because of they stood up to patent trolls: https://arstechnica.com/tech-policy/2017/07/newegg-fought-it...

Re: Best Buy’s Secrets for Thriving in the Amazon Age (2017)

#64
post #26

Earlier quoted context omitted.

B&H is great, agreed. They are an extremely honest company, so taking a few days longer is worth it in my opinion - you are going to get exactly what you ordered in my experience. On Amazon, that's only guaranteed if Amazon is the seller (not to be confused with "fulfilled by Amazon", of course). B&H is also closed on all Jewish holidays.

But they are hella racists and discriminating. https://www-m.cnn.com/2016/02/29/us/bh-photo-lawsuit/index.h...

Can anyone explain why this comment is being downvoted? Is it a matter of "yeah but Amazon does it too/is worse"?

Re: Best Buy’s Secrets for Thriving in the Amazon Age (2017)

#65

I worked retail for over 5 years before starting my tech career and I’ve been a big advocate for Best Buy over the last couple of years as I’ve watched their in-store experience improve. At my local store the service is always awesome, they accept returns without a hassle, and I can order stuff online and they usually have it ready in less than hour. Their staff once spent over two hours with me resolving an issue an…

Same. Best Buy also price matched me on a new Macbook Pro, for up to a year. So when Amazon dropped the price by $200 later on, I showed my receipt and that to Best Buy, and they matched it. That's how you get me coming back.

Re: Best Buy’s Secrets for Thriving in the Amazon Age (2017)

#66
post #8

Earlier quoted context omitted.

My best guess is they hope to make up lost with items Amazon doesn't even list. I know there's some products that are owned by BestBuy, I forgot the company name for it, but some random electronics they sell.

you are thinking of insignia products

Looks like it's not just Insignia but Rocketfish, Platinum, Modal and Dynex as well.

https://corporate.bestbuy.com/best-buys-private-label-busine...

Re: Best Buy’s Secrets for Thriving in the Amazon Age (2017)

#67

Earlier quoted context omitted.

That's why I like B&H Photo now too. All genuine products, sold by them, with real reviews. Their shipping is a little slower and they close Friday/Saturday which is frustrating but overall a good experience. They even do price guarantee if you contact CS which Amazon discontinued.

They also don’t charge tax currently.

That's no longer correct. In the South Dakota v. Wayfair, Inc. case [1] in June 2018 the Supreme Court overturned its earlier case that prevented states from requiring out-of-state mail order/online merchants to collect sales tax on sales to residents of those states.

B&H is now collecting tax for sales to customers in states that have post-Wayfair tax laws enacted, which is around 3/4 of the states.

Most of the states that have not yet done so will be doing so soon. California's goes into effect 2019-04-01, so those of you from California have until then to get your tax-free online shopping done.

Here's a page with the status for each state [2]. Here's another useful page [3] with per state info.

[1] https://en.wikipedia.org/wiki/South_Dakota_v._Wayfair,_Inc.

[2] https://taxcloud.net/topics/States%20News%20and%20Informatio...

[3] https://www.avalara.com/us/en/learn/nexus/find_your_nexus.ht...

Re: Best Buy’s Secrets for Thriving in the Amazon Age (2017)

#68
post #59

I worked retail for over 5 years before starting my tech career and I’ve been a big advocate for Best Buy over the last couple of years as I’ve watched their in-store experience improve. At my local store the service is always awesome, they accept returns without a hassle, and I can order stuff online and they usually have it ready in less than hour. Their staff once spent over two hours with me resolving an issue an…

That's good to hear. I stopped going to best buy when every question I had for staff was answered by the staffer reading the card on the shelf. I go to a meat-space store when I don't know what I want and I need knowledgeable salesmen to help me. The BB in my neighborhood never ever had that, so I stopped shopping there.

People don’t want to or are unable to pay for a knowledgeable salesperson, hence why they do not exist for simple things such as consumer electronics.

Re: Best Buy’s Secrets for Thriving in the Amazon Age (2017)

#69
post #14

I wonder who buys dvd/bluray anymore... after netflix.

I've started buying discs when they're on sale, because the discs should work for a long time, and I have no idea if I'm going to be able to watch what I want to watch when I want to watch it with Netflix (actually, I have a pretty good idea that I won't be able to watch it, because they rarely have what I want to watch anymore)

Re: Best Buy’s Secrets for Thriving in the Amazon Age (2017)

#70
post #27

Not a fan. Used to work there during college. If we didn’t sell enough PSPs (extended warranties), we were not allowed to leave at our scheduled time. Also, we moved all the laptop inventory to the back of the store, so if a customer wanted to buy a laptop that was in stock, but did not want to purchase an extended warranty, we were instructed to lie to the customer and say it was out-of-stock. Also, the whole incent…

Was it actually better for Best Buy to lose a sale than to sell a laptop without an extended warranty, or was that just a case of bad incentives making the rank-and-file do things that hurt the company?

It would just depend. If you could close a laptop with a low margin but attach several high margin accessories management was happy. If the laptop was the only item, your department’s metrics would go down. They kept track of everything including number of items per transaction. Scanning the rewards points cards counted as an item so almost everyone walked away a member at one point.
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