Difference Between Best Buy and Amazon (With Table)

Online shopping electronic process that the seller can buy goods from internet using a browser or mobile app. Presently life expansion of online shopping taking place throughout the world. Best Buy and Amazon are the platforms for online shopping.

Best Buy vs Amazon

The difference between Best Buy and Amazon is Amazon established in 1994, the features and services are spread widely over the world. Best Buy established in 1996, where the services are low as compared to Amazon.

Richard M Schulze and James Wheeler Established Best Buy in 1996 in United States. This platform provides Electronic appliances. The Headquarters of Best Buy is in Richfield, Minnesota, the United States. And this company operates stores in the countries like Canada and Mexico. Main motto of this establishment is to reach the technology to our doorstep.

The founder of Amazon is Jeffrey Preston Bezos, an American industrialist in 1994 in Washington, United States. Headquarters is in Seattle, Washington, United States. This online platform provides each and every service to our door step.

Comparison Table Between Best Buy and Amazon

Parameters of ComparisonBest BuyAmazon
MeaningBest Buy is an online shopping platform founded by is Richard M Schulze and James Wheeler.Amazon is an online platform founded by Jeffrey Preston Bezos.
EstablishmentIt is established on 1996.It is established on July 1994.
Operating StoresOperating stores are in Mexico and Canada.Operating stores are all around the world.
SubsidiariesGeek Squad, Pacific Sales, Magnolia Audio Video, Cinema Now and others.Audible, Zappos, Food Markets, Abebooks, Woot and others. 
AvailabilityElectronic appliances like TV and Home Theatres, Cell Phones, Computers and TabletsAmazon contains products like Electronics, Fashion wear and Accessories, Home improvement, Office Products, Everything else.
Production WorkObtain high standards and production guaranteed products in every stage of services.Obtain Intermediate production and guarantee products. Rarely troubles facing by consumers.

What is Best Buy?

It is a company established on 1996 by Richard M Schulze and James Wheeler on Online service purpose. Headquarters is in Richfield, Minnesota, United States. This platform invites people for shopping to acquire products at their doorstep. It provides Electronic Appliances like TV and Tablets, Computers, Cameras, Drones, Mobile phones etc.

The Best Buy platform graph is decreasing compared to previous records as per the Statistics. Around 977 companies in the US 956 companies are running. It states that 12 companies are closed in the 2020 year on October 31st. The chain of this company is decreasing after 2012. The company turnover generated in the year 2020 is 90 percent as per the statistics. This is a multinational company. Operate stores are available in Mexico and Canada.

Best Buy platform focuses on the importance of the customer’s satisfaction by delivering guaranteed and quality products in time at our doorstep. The lack of shipping production is am drawback for Best Buy. Around 50 countries in the United States provides its services. It was a failure in China and European countries because of networking issues and a lack of marketing. Participants are giving tough competition.

What is Amazon?

This organization helps in online services to provide everything at the doorstep. Entrenched in 1994 June 5th by Jeffrey Preston Bezos, an American Industrialist. The Headquarters is in Seattle, Washington, US. From Fashion wear and accessories to electronic gadgets, home appliances and many other objects. Amazon, providing of an app for providing service. Apart from these services, it also came up with an app for watching movies, web series and digital media. Amazon is a trending platform in online shopping by expanding production and marketing in current society.

Amazon reaches throughout the world by providing quality and guaranteed products. The chain growth is increasing as per the statistics and improving in every services. It is an MNC trusted by humans. This company also opened a book store that each and every book is available in January 2018. It also took part in finance.

Main Differences Between Best Buy and Amazon

  1. Best Buy is an online shopping platform founded by Richard M Schulze and James Wheeler on, 1996. Simultaneously Amazon is an online shopping platform founded by Jeffrey Preston Bezos on 1994.
  2. Best Buy Headquarters are Entrenched in Richfield, Minnesota, the United States, and Amazon Headquarters are Entrenched in Seattle, Washington, US. Best Buy Operate stores are in Mexico and Canada, and Amazon operating stores are the allover world.
  3. Best Buy services deliver the goods like Electronic appliances at the doorstep where Amazon handovers Clothing, books, gadgets, home appliances, groceries and everything in need.
  4. Best Buy was failed in some countries, and marketing levels are decreasing. The production rate is varying.
  5. Amazon is increasing its production throughout the world and becoming popular online platform for producing goods in need. The Growth rate is enlarging.
  6. Best Buy is a platform only for online shopping. On the other hand, Amazon it also took place in Film production on the OTT platform apart from shopping.
  7. Amazon is a trending platform in online shopping compared to Best Buy, where production and marketing are high.

Conclusion

Amazon and Best Buy are two different online shopping platforms to get products at the doorstep.

Amazon is a company launched by Jeffrey Preston Bezos which mainly focuses on goods and services that reach people through home delivery. It also took part in the OTT platform and investing shares in the film industries. It mainly focuses on people satisfaction and growth rate. Operating stores are all around the world.

Richard M Schulze and James Wheeler are the founders of Best Buy Company. Best Buy platform focuses on the importance of the customer’s satisfaction by delivering guaranteed and quality products in time at our doorstep. It delivers Electronic devices like Cameras, Audio, Drones, Smartphones, TV and Tablets. The Best Buy Company gives importance to people satisfaction. Operating stores are in Mexico and Canada.

References

  1. https://onlinelibrary.wiley.com/doi/abs/10.1111/joie.12154
  2. https://www.okcu.edu/uploads/arts-and-sciences/english/docs/Stellar2014.pdf#page=40

x
2D vs 3D