In the year of 1966, Dick Schulze started a company named as "Sound of Music" and in the year of 1981 it went through with severe natural damage to one of its store. Dick decided to sell out the products by sale instead of closing the store for repair and the sale got so successful that it continued for consistently two years. After the grand success of sale, company opened its first superstore with the name "Best Buy". Following the process of analyzing the customer behavior Best Buy keep changing its policy in upcoming years and adopted varieties of new approaches such as innovation in technology, focusing on entire electronic system instead of individual system, offer more services like delivery and installation as per requirement of the customers (Video Case 5- Best Buy using Customer Centricity to connect with the Customers).The understanding of the customer behavior helped company to grow and able to create shopping experience unique and convenient which customers was seeking and thus leads to successful in the competition of long run (Video Case 5- Best Buy using Customer Centricity to connect with the Customers).Read more: http://www.ukessays.com/essays/marketing/consumer-behavior-largest-consumer-electronics-retailer-marketing-essay.php#ixzz3yKeG5Yrd
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