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Marketing

Buy Back.

I was watching TV on monday night, catching up on some..gossip. 😉
And I came across this advertisement by Best Buy:

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I laughed out loud right at that moment because it was SO TRUE!
Technology just moves like WHOOOSH and BAMM!
With the related videos, I clicked into their ad with Justin Beiber and Ozzy Osbourne

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The Best Buy Buy Back program (tongue twister!)  reduces the post-purchase dissonance by a lot!
They guarantee their customers that they don’t have to worry about not catching up to the latest technology because Best Buy will  advance with them! With this program, customers won’t have to hesitate or research on when will the next technology release because with this program, they can just get it FIRST, and then get the  latest one when it comes out. And on and on and on. They also utilized celebrities as an analogy to how “new replaces old”. Justin Beiber walks out and tells Ozzy Osbourne that, “I’ll take it from here”.

I find this program PERFECT for people in generation X and especially Y. Since they are the ones who actually use the latest technology: smart-phones, video game consoles, portable media player. With the reduction of buyer’s remorse, they will less likely to feel guilty or thinking of getting the “latest technology” as a reduction of purchasing power or opportunity cost. Even though there WILL be a better alternative out there, “soon”, but no worries, you don’t have to regret when there’s BEST BUY BUY BACK!

By Fion Lee

Hey everyone! I’m Fion Lee, a second-year commerce student, option… undecided.

I was born in Hong Kong, an awesome city which I love. Then I immigrated to Canada with my family when I was two years old, and Vancouver became my second home town. After that, my parents decided to leave Vancouver and went back to Hong Kong when I was eight. And, yes of course, I’m back again…but alone this time. I’ve always been thankful to my parents for making these decisions so that I could earn such great experiences in studying in two different cities.

Without my parents being here with me, I’ve learned to be independent and considerate. I know that they pressure me with school work, so they usually just talk about friends and updates over the phone. However, they work hard for the family so all I can do is to repay them with my love and hard work.

Well enough with the family stuff. I love shopping, jogging and hanging out with friends. I feel that only true friendships can last forever, so I really cherish all the close friends I have! I also love travelling and I believe that everyone should at least travel alone once in a lifetime; this is my dream, my passion, my goal.

Live your dream.

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