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Best Buy living Law of China in danger from another, how? – Best Buy, home appliances store – HC Network Appliance Industry-hc360

When Best Buy has denied and

States United States

For equity

Cooperation

Time, indicating that the Chinese market also did not analyze it thoroughly. And in danger, are not perceived, this is it really sad!

In the industry’s surprise, the February 29, 2008, Best Buy closed in Beijing only two years of office. Reflections on China, Best Buy 5 years, has just opened up a store, in the Chinese market of almost negligible. This is one of the largest

Consumption

Electronic

In terms of product retail chain, is a sad thing.

This “tragic” Board appears not unrelated to its marketing strategy. It is to big to enter the Chinese mentality, and wrongly, “to provide consumers with different competitors

Service

To conquer the market “as a laissez-faire universally applicable truth. Everyone knows, the harbor has enabled it to succeed in the North American market, is it out after a thousand stores, is the size of the effect produced. In China, in addition to the brand, what it no; the other hand, Best Buy neglected majority of domestic consumers in the purchase of goods, the price for the purchase of the first psychological factor to consider. its advertised himself as “the crowd for the high-end stores,” by machine to increase prices, leading into stores, “the audience gathered, buyers little” and praised in position.

Development

change is the only way to Best Buy. But this conclusion is not only from the above analysis, more is based on consideration of competitors pressing harder and harder.

Best Buy should not forget that when it first stores the selected address, Gome, Suning will have tens of meters away in the erection of signs; When it stores for the second time to identify new sites, but also How many times opponents gain an advantage? At the same time, Gome, Suning, and imitation of it committed, and so did not insiders thought they were on display inside the blue backdrop is an American in the wrong place!

Market competition, to me will prosper, who resist shall perish. Chain stores in the growing tendency to integrate the context of the industry, almost all the little domestic impact of the regional stores were Gome, Suning La into his arms. In this harsh environment, Best Buy and how should we weigh it?

Not difficult to see it at this time even if long-term Restricting the acquisition means to emulate rivals, it was too late. Further say that if the Best Buy store entirely on their own do not quite realistic financial development, growth and

Management

Will be the problem.

I think it is only one option left?? The most powerful rival to the United States show a good country to avoid defeat last out of the Chinese market. In fact, it can be used completely and store in Shanghai’s five-star merger

Electrical

Assets in exchange for shares in the country part of the United States. Although there is no holding, but the market impact than the current large, more profitable. And later when faced with violations of Suning, not alone, and more obvious advantages.

About the Author

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