In the very near future, Best Buy Corporation – the world’s largest retail corporation – in 2020 will begin to use a new, unique shopping experience. All Best Buy stores will feature a mobile web-based ordering system through a proprietary mobile device. Instead of walking along with your purchases, like you would at a store, you’ll walk with them in store and pick up the goods on-the-spot.
The Future of Best Buy in 2022 as we move into a hyper-localized online presence, on top of offering a personal shopping experience. We’ll also offer greater physical storage and access. While the store does look more akin to a mall, the goal of the Future of Buy will be to deliver the best experience possible in terms of convenience and ease of service.
With Best Buy’s move into an on-demand online lifestyle, it is moving into its future role as the go-to chain for all consumer electronics, home appliances, electronics, and automotive. It has already become an “online-only” store. In fact, last year it had 12% of sales in that category of “most in-demand in-between” products and it now accounts for 50% of sales in the industry.
The store has been very slow to go live, but if a few more cities and states jump on board, it will get on the list of store-to-shopping network, leading us all to a future that would be more like a store to a mall. The Future of Buy is not the future of brick and mortar stores.
I’ve been spending all my free time writing about Best Buy’s future in its various forms of online service. I even went so far as to write this in an article in TechRepublic (The Future of Best Buys Mobile Website for its “World’s Largest Business”). This future is the future of stores like Best Buy, Wal-Mart, Target, TJMaxx, and Amazon.
Ive been going back and digging through my archives for a future to Best Buy in that it was its own brand in the future. Ive been researching this brand through the future looking backwards. With Best Buys move into the future, this would be the first time that a retailer ever has done this. Ive found that by doing research, you can actually read a lot of things about the brand in its history and even through the present and future.
Today Best Buy is the fourth largest retail brand. With its move into the future, it also will be the first ever retailer to be the subject of a future book.
This is the most important blog ever. I’ve never seen such a large group of bloggizers before! Ive had the very same questions all day.