Sunday 29 April 2018

Mortal Enemies…Or Are They?

Jeff Bezos of Amazon (on the right) and Hubert Joly of Best Buy are intense competitors in the electronics category. Amazon are the sellers of just about anything online and Best Buy are a key bricks’n’mortar chain, so why are they together?

Amazon and Best Buy are joining in a major push to flog 4D and HD TVs using the Amazon operating system. This is a push against rival Roku’s TVs although just to keep things friendly, Best Buy will continue to sell Roku as well.

Clearly these men and their organisations are just concentrating on chasing sales, whatever it takes, and that is probably a good lesson for every trader at QVM – forget all the distractions around you and just focus on business.