Originally Posted by CorkyFan
So you guys would rather have a non-profitable non-competitive store stay in business just because..... it "creates" jobs? It would be significantly cheaper just to pay those employees to stay home and do nothing than pay them to work at Best Buy.
Companies that naturally go out of business do not lower competition, they increase it. Artificially subsidizing a company through government intervention only harms an economy in the long run. The American buy-out packages that come every 12-15 years are proof of this. Ford is at 3 buy-outs in total, it has learned nothing from them, and they still produce shoddy cars and trucks of low quality, and it's all because the American government will rescue them every time there is a depression (every 12-15 years).
The government won't bail out Best Buy. They bail out the big 3's all the time because of so many American jobs behind them. They go out of business and the parts companies suffer big time because no one else will buy their parts. Best Buy imports a lot of products. And whatever American products they do sell, will just get redistributed to other retailers or etailers.
Originally Posted by ilhe4e12345
i worked there for 4 long years right out of high school and ill tell you this...that place has changed so much it hurts....i use to love it, the customers loved us and we actually had decent prices (although a lot of it was way too high) then i left and it was like Best Buy turned into something...different...
i loved taking something up to the register to see the employee price.....one day i decided to get myself batteries, cables, a couple random games, and a new mouse pad (our store sold razor pads for along time) and when i went up to the register before employee discount it was 321 dollars....after....97 dollars....i almost passed out...the cables went from 80-90 dollars (hmdi cables, composite and a few others like optical cables and such) to 1-10 dollars depending on the szie...i got a 30ft hdmi cable for 3.41...it was on the shelf at 51 dollars.....
i understand they are in it to make money, like all businesses are but hoenstly they have so much over priced its ridiculous and then they try and back it up with garbage service offers and stupid over priced RAM installs and cleanings and all this stuff. i couldnt morally work there anymore....before i left i was in the computer sales department and if we didnt get people to buy in home installs (which were 200-400 dollars depending on waht you got) and if the people didnt want it we had to keep telling them to get it...i had my life threatened a couple times becuase of geek squad in home install...
im glad they are hurting....its now a horrible place to work for and their prices are so bad...even fye has better dvd/bluray prices then best buy...and thats hard to even say...
This reminds me of how it was with CompUSA actually. It started out great when I worked there (not going to say how long ago). Employees loved it and people loved us. But after I left, things started changing there. They started cutting departments. Employees started getting cranky, people started hating them, prices were rising, etc. Now look where they're at.
Originally Posted by cdolphin
Also why are employee discounts mentioned? Also look at the employee prices for other companies, I.E. Microsoft-- MSDN accounts for all employees... I.E. ~everything is 'free'.
Because it shows how much they're marking up their products to make a few bucks. It shows there's room to lower their prices and just maybe people will start buying from them again.
And as for your example, it is a bad one to compare to Best Buy. Microsoft isn't going anywhere and so they're able to provide such a discount. Best Buy on the other hand needs to start making some changes to the benefit of the consumers, not themselves, or else.Edited by Krusher33 - 3/7/11 at 2:55pm