User Generated >> Best Buy04 SWOT Analysis:
Strengths:
  • Cost advantage
  • Effective communication
  • Online growth
  • Loyal customers
  • Unique in store marketing plan
  • Have own house brands including insignia
  • Have many different companies support
Weaknesses:
  • Not diversified
  • Bad extended warranty programs
  • Need more specific help people for different areas
  • People feel neglected because of large store size
  • House brands are terrible; including insignia
Opportunities:
  • Online
  • Takeovers
  • Best Buy owns Napster
  • One of the only strictly electronics retailers left
  • Have multiple sources to market through
  • Has ability to mix and match own products for further income
Threats:
  • Competition
  • Economic slowdown
  • External changes (government, politics, taxes, etc)
  • Lower cost competitors or imports
  • Circuit City Online
  • Fry's Electronics
  • Many cheaper online sources
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