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Best Buy SWOT Analysis

Best Buy SWOT Analysis

Best Buy SWOT Analysis

S

O

T

W

  • The company dominates the market in the sector of electronics retailing
  • The company has an innovative skill of Sale-service strategies
  • The company designs itself to be customer-centric
  • This brand has only 1231 stores in the entire world
  • An inappropriate relationship between the CEO and executive of another company
  • The company is entirely dependent on electronics

02 WEAKNESS

  • The brand has a vast and intensified competition with Amazon and Walmart
  • The strikes higher pay by the employees may lead the company to danger
  • The company relies on electronics; moreover, counterfeiters are also their target

04 THREATS

  • Their business caters around the senior health care products is a goldmine for them
  • Online sales can credit more to the company's account
  • The company can achieve success in the unsaturated markets of rising economies

03 OPPORTUNITIES

01 STRENGTH

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publish time: 2021-05-20
Lisa Anderson

Best Buy is one of the recognized Multinational Corporation which has an American origin. It is a 50-year old electronics retailing company. Even the company has launched a particular audio store named Sound of Music. For the Best Buy SWOT analysis, the company mainly concerns with electronic retailing. Moreover, there are many companies of the same segment. Thus, in the world of high competition, sustaining one’s position stagnant in the international market has become very important. Learn more details from this SWOT analysis now!

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