Hey Everybody,
I was just reading Forbes magazine in which Best Buy is company of the year.
Best Buy owns 16% of the electronics and packaged media market whereas Walmart owns 11%.
Although Best Buy has greater share, Walmart is gaining market share faster just because it is opening more stores than Best Buy. (Walmart's share jumped from 6.9% in 1996 to 11% today)
Very interesting i thought.
What are your thoughts on the eventual winner ?
I was just reading Forbes magazine in which Best Buy is company of the year.
Best Buy owns 16% of the electronics and packaged media market whereas Walmart owns 11%.
Although Best Buy has greater share, Walmart is gaining market share faster just because it is opening more stores than Best Buy. (Walmart's share jumped from 6.9% in 1996 to 11% today)
Very interesting i thought.
What are your thoughts on the eventual winner ?