DoorDash Adds Best Buy As First National Consumer Electronics Retailer On Marketplace
Portfolio Pulse from Benzinga Newsdesk
DoorDash (NASDAQ:DASH) has partnered with Best Buy to offer on-demand delivery of consumer electronics from all Best Buy locations nationwide. This makes Best Buy the first national consumer electronics retailer on the DoorDash marketplace. The service promises delivery in under an hour and is timed for the holiday season, allowing consumers to shop for electronics at in-store prices. DoorDash is offering promotional discounts on Best Buy orders with special codes until December 5, and DashPass members can enjoy $0 delivery fees on eligible Best Buy orders.
November 29, 2023 | 2:00 pm
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Best Buy's partnership with DoorDash expands its delivery options and could lead to increased sales, particularly with the holiday promotions and the convenience of fast delivery.
By being the first national consumer electronics retailer on DoorDash, Best Buy may see an uptick in sales due to the convenience of fast delivery and the appeal of holiday promotions, potentially attracting customers who prioritize quick delivery times.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90
POSITIVE IMPACT
DoorDash's new partnership with Best Buy could increase order volume and customer engagement, especially during the holiday season. The promotion and inclusion in DashPass may boost revenue.
The partnership with Best Buy is likely to increase DoorDash's order volume and attract new customers looking for convenient electronics delivery. The holiday timing and promotional discounts could further drive short-term revenue growth.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90