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BestBuy.com: Well-rooted in the online electronics market, Report

Best Buy, Richard Schulze

 

Looking back at a 51-year history, Best Buy Co., Inc. has lived through the digital revolution right from its beginnings, steadily making their mark as a top retailer of affordable multimedia gadgets. As one of the primary vendors of electronics and media products in the USA, the company made it Forbes Company of the Year in 2004. Best Buy’s online store does in no way lag behind its brick-and-mortar equivalents and is experiencing constant growth.

 

  • Net sales of bestbuy.com in 2016 amounted to US$ 4.8 billion
  • Revenues increased by 21.5% from 2015 to 2016 and are projected to grow at a rate of15.0% by 2017
  • Electronics & Media is by far the most important product category with a share in net sales of 94.6%
  • 100% of the website’s net sales are generated in the United States

 

bestbuy.com, operated by Best  Buy Co., Inc., is an online store with nationally-focused sales. Its eCommerce net sales are generated exclusively in the  United  States.  With regards to the product range, bestbuy.com achieves the greatest part of its eCommerce net sales in the Electronics & Media category.

 

 

 

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