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Bed Bath And Beyond Business Analysis

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Competitive pricing is used more often by businesses selling similar products, since services can vary from business to business while the attributes of a product remain similar. Bed Bath & Beyond Some would argue that Bed Bath & Beyond offers the lowest prices on home accessories, while others would argue that Amazon or Wal-Mart have the lowest prices. For years, consumers have been using Bed Bath & Beyond as a "showroom" to try out and explore various products before searching for the same product on Amazon to compare prices. This is also applying to Best Buy stores where customers stop in to play with the latest tablets, computers, electronics, and appliances before checking Amazon.com. Amazon's prices came out to be 7% cheaper excluding sales tax and shipping charges. If customers shopping at Bed Bath & Beyond use the store's 20% off coupon, the item will cost around 15% less than it would on Amazon. Bed Bath & Beyond monitors market prices on all its items to make small adjustments and uses its 20% coupons to its advantage (O'Reilly, N. (2014, January 23). …show more content…
The company is continually making changes to the products it offers to keep up with the newest design trends, market conditions, and consumer interests. Currently, Bed Bath & Beyond is working on improving its e-commerce business by devoting much of its resources in promoting its technology services to create an exciting shopping experience for its customers (O'Reilly, N. (2014, January 23). Its investments in social media outlets and its e-commerce business will also allow the company to better compete with Amazon.com for

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