I have long been a fan of Best Buy, and I tend to make my major purchases there in regards to electronics. As a matter of fact, in December I made a large purchase of a new television at the local Best Buy. However, I can see why the big box store may soon become a thing of the past. Honestly, my TV was a little cheaper via Amazon and Costco. However, I choose Best Buy for a few reasons. First, I'm still not sold on having a product like a TV shipped to the house. Second, I do have a Best Buy Credit Card. I like taking advantage of their reward points and financing offers. I always pay off the balance of the purchase before the promotion expires, so the interest rate is not an issue. I can see where Best Buy can be in trouble. Those large stores carry almost too much product. The only items I buy at Best Buy are home entertainment products (TV/DVD/Video Game Systems, etc.) or maybe digital cameras/video cameras. I tend to buy all of my music and movies in digital form or via Amazon. I purchase appliances at the large home stores (Lowes, Home Depot) and computers at the Apple Store.
|Will Best Buy Survive?|
Just today, CNET posed the question "Is Best Buy following CompUSA , Circuit City to Certain Doom." Sadly, it looks like Best Buy is heading for defeat. I notice they are trying to stay alive by promoting their Geek Squad services and possibly opening smaller boutique type stores (think Apple Stores) to save money and better serve their customers.
Are you a Best Buy shopper? Do you just use Best Buy to test out products, then return home to purchase online? Will you even miss Best Buy if they disappear?