Wall Street PR

Best Buy Co Inc (NYSE:BBY) Offers Galaxy Note 4 Experience, Can Such Boost Sales?

Dallas, Texas 09/09/2014 (ustradevoice) – Best Buy Co Inc (NYSE:BBY) allowed customers to get hands-on experience with Samsung Electronics’ Galaxy Note 4 device. The device will be available on the U.S. market by the end of this month, but the retailer felt it nice to give its customers an early taste, at least so that they may develop an early appetite for the device. The retailer is among the official launch partners, and it will be offering the device alongside the telecom carriers.

Selected stores offer Galaxy Note 4 experience

Galaxy Note 4 has generated a lot of attention and even interest and Best Buy could not miss the opportunity created by the Galaxy Note 4 hype to increase traffic to some of its stores. The company allowed customers to experience Galaxy Note 4 device at its stores Los Angeles, San Francisco, Chicago and Dallas between September 5 and September 8.

The Galaxy Note 4 experience event was a great opportunity for the company to invite customers to its stores where they could also see many other eye-catching items. Furthermore, the experience is expected to have a positive impact on the sales of the device when it finally hits U.S. stores next month. Customers can also catch Galaxy Note 4 at Best Buy Co Inc (NYSE:BBY) stores starting next month when Samsung introduces the device to the U.S. market.

Best Buy Co Inc (NYSE:BBY) is facing declining sales and efforts to bring customers to its stores is viewed as an attempt to boost sales. The company reported a drop in sales in the most recent quarter and the management also issued a cautious forecast for the future citing that sales may keep dropping. However, the launch of new products like Galaxy Note 4 and the upcoming Apple Inc. (NASDAQ:AAPL)’s iPhone 6, are expected to boost sales.

Online shopping offers hope

Best Buy Co Inc (NYSE:BBY) reported 4% decline in sales to $8.9 billion in the most recent quarter. Even net income took a hit, falling 45% to $146 million. However, the company is making progress in its online activities as online shipping increase 22% in the most recent quarter.

Published by Lisa Ray

Lisa has a Bachelor of Arts in journalism from Purdue University and 3 years of experience in the publishing field.