Tony Talks Business
How Best Buy Makes Money
A $999 TV at Best Buy makes the store about thirty dollars. The protection plan sitting next to it can make three times that. The card, the Geek Squad and the brands renting the shop floor pay for the rest.
This is how Best Buy actually makes money, and why the television is only the door.
Chapters
- 0:00The Television
- 0:34The Receipt
- 2:13The Numbers
- 2:44The Tornado
- 3:17The Bait
- 3:56The Showroom
- 4:26The Margin
- 5:17The Plan
- 6:32The Insurer
- 7:20The Odds
- 8:22The Card
- 9:11The Interest
- 9:50The Squad
- 10:58The Subscription
- 11:26The Floor
- 13:09The Rival
- 13:58The Commission
- 14:52The Verdict
- 15:31The Rule
