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25 Cards in this Set

  • Front
  • Back
  • 3rd side (hint)

Four Steps of the Sale

Welcome


Understand


Sell


Appreciate

W.U.S.A.

Best Buy Values

-Learn from challenge & change


-Unleash the power of our people


-Show respect, humility & integrity


-Have fun while being the best

L.U.S.H.

Five pillars of Renew Blue

1. Reinvigorate & Rejuvenate the customer experience.


2. Work with vender partners to innovate & drive value.


3. Continue leadership role in positively impacting our world.


4. Attract & inspire leaders & employees.


5. Increase ROIC for investors.



R.W.C.A.I.



Five components of retailing

1. Pride in our environment


2. Extreme Service Orientation


3. Culture of Winning & Belonging


4. Great Leadership & Great Culture


5. Selling is an Art

P.E.C.G.S.


Pride


Service


Culture


Leadership


Selling

What percentage of shoppers do research prior to coming into the store?

89%

What percentage of online purchasers come to a store for a live product demo?

67%

The Best Buy Customer Promise

1. The latest devices & services, all in one place


2. Knowledgable, impartial advice


3. Competitive prices


4. The ability to shop when and where you want


5. Support for the life of your products

Devices


Advice


Prices


Shop


Support

Omni-Channel

P.O.S.


O.M.S.


Bestbuy.com


CoreBlue


Best Buy for Business

P


O


B


C


B

GUS

Genuine


Unique


Sincere

Conversation starter topics

Children


Entertainment


Current Events


Personalized clothing


Sports


Holidays


Weather

Steps of the sale transition

What


Why


The Benefit


Confirmation

"I'm going to ask you a few a few questions to make sure we get the best product for you at the best price. Is that ok with you?"

NPS Drivers


(Net Promoter Score)

Associate Availability


Associate Knowledge


Product In-Stock


Checkout Experience

A.A.P.C.

Two factors of a customer's purchasing decision

Trust


Value

TV

Tony's 5 Questions

1. If money were no object, what would the perfect experience be for you?


2. How do you wanna use it & how do you see others using it?


3. What do you like about your old one? What do you want your new one to do? How can I future-proof it for you?


4. Now that we're gonna add a new device device, tell me about your network experience?


5. I think I know what I want to to show you, but to make your choice easier, what else do you think I should know?



Customer Motivations to Buy

Family


Occupation


Recreation

F.O.R.

What are the obstacles to performing a demo?

No time/ too busy


Product not displayed


Display not functional


Don't want to

Selling a network setup increases the chance that the customer keep the product by what percentage?

70%

How many agents of Geeksquad are there?

25,000

Where are Geeksquad ETK resources found?

Geeksquad One Stop Shop

How does a great demo create customer delight?

1. Bonds the customer to the solution.


2. Reduces returns/ exchanges.


3. Sets up additional products & services.


4. Builds trust & credibility, and shows we've been listening.



What percentage of customers have a 2-3 year old N router?

60%

Tony's 5 steps to overcoming price objections

1. Review CRW with customer


"Does this ok? Let's ring you up."


2. Bring up Best Buy Credit Card.


3. Have them select a few items from the CRW that can be purchased at a later time.


4. Re-explore options B & C.


5. Thank them & send them home with the CRW.

CRW


BBCC


Remove Items


B&C


Thank You

The Complete Solution

Hardware


Accessory


Content


Connection


Protection


Services

Hardly


Anybody


Can


Cook


Prime


Steak

Definition of Price


Definition of Value

Price: What something costs


Value: Matching customer's needs, wants & desires with product benefit

Fun (As defined by Best Buy)

Winning.




Winning (As defined by Best Buy)

Turning shoppers into buyers.