The Gradual Death of the Brick and Mortar Tech Store
Cutting_Crew writes "As we all know brick and mortar stores have been closing left and right recently. We had CompUSA, Borders and Circuit City all close their doors within the last 4 years. According to an article on Forbes.com, it is spelled out pretty clearly why Best Buy is next in line to shut its doors for good. Some of the reasons highlighted include a 40% drop is Best Buy stock in 2011, lack of vision regarding their online services, management too concerned with store sales instead of margins and blatant disregard for quality customer service."
Thank god we still have Radio Shack. I went in recently and found they were even selling arduinos. I've bought a bunch of components there for my electronics projects. It's not Fry's, but at least there's one 10 minutes away from my home in Nowhereville Vermont.
-73, de n1ywb
www.n1ywb.com
They have no concept of the competition that Amazon represents. They think in store purchases will keep them alive. They need to:
1. Fire half the staff, and only hire professional sales people (Not 30 seventeen year olds)
2. Reduce the store size by half or more.
3. Reduce prices by having less selection but enjoy the bulk purchase price point.
4. Stop high pressure pushing of accessories and service plans on people.
5. Work with vendors to have exclusive items made for them not found online (like a white or pink dyson)
Still doomed by their horrible reputation.
The sole reason to go to a BestBuy is "I need this item today." That's about it.
Ummm.... doesn't Microcenter count? Guess not according to Forbes, because in 2006 they had 19 stores, 20 in 2007, 21 in 2008, and in 2012 Microcenter has 23 stores. Sure that's slow growth, but still growth none-the-less, and they're much better than CompUSA, Circuit City (is Circuit City "tech"?) and Best Buy because Microcenter actually has competitive prices.
Want a new MSI Geforce GTX 580 video card? $500 from Newegg, $520 from Microcenter. Think I'd just pay that extra 4% to have the card TODAY and have a local shop to return/exchange it to if there's a problem and judging from the 13% 1-egg reviews I'd there is a good risk there could be a problem.
my karma will be here long after I'm gone
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Let's not forgot that this is the same place where if you go in citing a price on their website they will pull up an intranet site that is a clone of bestbuy.com with different prices to "prove" you wrong. Getting busted for that was the end of me shopping there.
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