Best Buy Dropship

Best Buy, an American multinational network of consumer electronics stores, has its headquarters in Richfield, Minnesota. The company operates internationally in Canada and is the largest electronics retailer in the North American market.

The store was originally founded by Richard M. Schulze as an audio speciality store called Sound of Music in 1966. They specialized in high fidelity stereos and the business grew to nine stores across Minnesota by 1978. It wasn’t until 1983 when it was rebranded under its current name with an emphasis on consumer electronics.

Best Buy got it’s name from an unfortunate incident which Schulze managed to turn into an opportunity for success. In 1981, the Roseville location of the store was hit by a tornado, which tore the roof off and destroyed the showroom. Fortunately, the items in the storeroom were still intact, so Schulze decided to have a “Tornado Sale” of the excess and damaged stock in the store’s parking lot.

He spent the rest of the marketing budget on advertising this event, promising that shoppers would get “best buys” on all products. Sound of Music made more money during that four day sale than they would usually make in a month, and a couple years later the company was renamed.

This electronics hub sells everything from computers to software to video games, DVDs and phones. You can also find appliances at Best Buy, such as dishwashers, refrigerators, washing machines, dryers and small kitchen appliances like toasters and blenders.

Expand Your eCommerce Business As a Best Buy Dropshipper

Best Buy is one of the most popular US dropshipping suppliers, and it’s a great option for expanding your multichannel eCommerce business if you operate in niches such as appliances, TVs, computers and tablets, cameras, video games and smart home devices.

In their Partner Portal, Best Buy states that they seek to promote and provide opportunities to small and diverse suppliers, supporting the growth of small businesses by providing access to their retail capabilities such as supply chain, sourcing and product development.

Goflow Helps Streamline Your Operations When Dropshipping with Best Buy

When it comes to setting yourself up as a dropshipping supplier for Best Buy, you’ll need to meet high standards of efficiency. Goflow’s comprehensive suite of features is specially designed to help you manage your inventory and make smart, strategic stocking decisions, so you never oversell or run out of in-demand products. You can automatically track any updates made to your products, then instantly sync those updates back to your store listing in real time.

Goflow is designed for eCommerce selling and dropshipping vendors, and it has many smart features built in, such as detailed profit and loss reports by product, listing and more. You’ll be able to see your sales totals, profit margins, return rates and other crucial metrics at a glance. These detailed analytics and reports help you understand which products are selling on Best Buy and how you can adjust your dropshipping strategy to make the most of demand.

Whether you sell your products exclusively as a dropshipping supplier on Best Buy, or it’s just one channel of your larger eCommerce strategy, Goflow will help you run your business, reduce admin headaches and make more money.