Best Buy SWOT Analysis Matrix

Topics: Retailing, Business, Commerce Pages: 3 (330 words) Published: June 18, 2015
SWOT Analysis Matrix
Strengths
Weaknesses
S1. Customer centricity model. Provide end-to-end solutions to its customers. S2. Global Presence.
S3. Brand Image.
S4. Skilled workforce.
S5. Wide range of products.
S6. Acquisitions.
W1. Decline in net profit and operating income.
W2. Debts and Loans.
W3. Non- commissioned base for sales force.
W4. Fewer stores relative to competitors (Wal-Mart- Game Stop). W5. Turnover of top management.
Opportunities
Threats
O1. Expected growth in the emerging markets (China, Middle East, Russia & Latin America) O2. Growth of the e-commerce.
O3. Smart Home Trend.
O4. Private brand potential.
T1. Sustained or worsening economic pressures in US and key international markets. T2. Changing consumer preferences.
T3. Strong competition from traditional store-based retailers, multichannel retailers, internet-based businesses and vendors with their own retail stores. T4. Strong competition from internet-based businesses.

EFAS for Best Buy
Key External Factors
Weight
Rating
Weighted Score
Opportunities
Emerging Markets.
0.20
4
0.80
Online commerce is booming.
0.15
4
0.60
Smart Home trend.
0.10
4
0.30
Private brand potential
0.05
3
0.15
Threats

Sustained or worsening economic pressures in US and key international markets. 0.15
2
0.30
Changing consumer preferences.
0.10
3
0.30
Strong competition from traditional store-based retailers, multichannel retailers, internet-based businesses and vendors with their own retail stores. 0.10
3
0.30
Strong competition from internet-based businesses.
0.15
1
0.15

Total
1.00

2.9

IFAS for Best Buy

Key Internal Factors
Weight
Rating
Weighted Score
Strengths
Customers centricity model. Provide an end-to-end solutions to its customers 0.15
5
0.75
Global Presence.
0.07
3
0.30
Brand Image
0.10
4
0.40
Skilled workforce
0.05
5
0.25
Wide range of products
0.05
4
0.20
Acquisitions
0.08
4
0.40...
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