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Thursday, June 23, 2016

Amazon Dominant In Consumer Electronics

Amazon Will Soon Dethrone Best Buy As the Top Seller of Consumer Electronics

Alison Griswold | June 21, 2016

US sales of consumer electronics increased by $5.6 billion last year, almost none of which would have happened without Amazon.
The online retailer founded by Jeff Bezos accounted for a staggering 90% of consumer electronics sales growth in 2015, according to an analyst note sent by Deutsche Bank on Tuesday (June 21). Amazon has already displaced Walmart as the second-largest retailer of consumer electronics, and is now fast on its way to stealing the top spot. Best Buy, the longtime leader, has continued to lose market share.


<more at; related articles and links: (Amazon Dominates Wal-Mart and Best Buy in This Category
Amazon’s pricing advantage gives it a significant edge over Wal-Mart and Best Buy in regards to future sales potential. January 10, 2014) and (Amazon Is Winning the Smart Home Race -- and Nobody Is Noticing. The home has always been Amazon's bread and butter. As it evolves, so will the retail king. February 1, 2016)>

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