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Best Buy’s Web 2.0 Journey

                     Bethany Kinsella
  Director, Connected Digital Solutions
                              Best Buy




                                     1
Best Buy, Inc.


                 • Global Family of Brands
                 • Industry leader with
                   more than 40 years of
                   history
                 • 1,000+ Best Buy store
                   infrastructure
                 • 165,000 energized
                   employees
                 • Online presence with
                   Bestbuy.com site that
                   has 500 million unique
                   visitors a year
The Journey Begins….Blue Shirt Nation




             Employees can collaborate, share
              information and let people be
            social – to connect to others based
                   on common interests.
Best Buy WIKI




                 Employees can share what they
                know, edit information and search
                         for knowledge.
The Loop Marketplace




                                     Budget owners
Ideas can be
                                      can finance a
“Featured” or
                                  portion or all of the
    easily
                                   funds required to
  searched
                                    execute the idea
through both
 hard & soft
   tagging




   Employees can offer to help,
recommend or contribute/comment
    on other employee’s ideas
Watercooler Discussion Forums




 Employees can discuss
   work related topics,
  create subgroups and
subscribe to discussions
Tag Trade: Best Buy’s Prediction Market




Employees can help the
 company make better
     decisions by
  participating in the
   prediction market
BSN Mix




   Employees can cut
 through the traditional
    communication
mechanisms, posting a
note, asking a question,
     seeking a rapid
       response.
GIFTAG:   www.giftag.com
BSN Mix




                             Allows people to pick
                           items from any website,
                           add it to a list and share
                           with family and friends.
Spy: spy.appspot.com




                       Allows people to ‘listen’
                          in on social media
                        conversation through
                               keyword
Connect: www.bestbuyinc.com/connect




  Allows people to access
   to employee blogs and
       tweets [Twitter]
Lessons Learned

    It’s not about the ‘tool’; the magic is in the culture it

    enables
    Patience (and making the time to engage)


    Openness, Honesty, Trust


    Learning & Iteration

Key Take-Aways

    We’re Better Together: Social forums empower people and enable them to

    collaborate, listen, solve problems and find opportunities. This helps us grow
    and keeps us strong.

    We’re Trying A lot of Things: Some will work, some won’t and everything

    will constantly evolve. We’re not afraid to take risks, try things and even fail –
    as long as we learn.

    We Believe in our People: People make up this company, and we’re not

    afraid to show (and listen to) that humanity.

    We Sell the Stuff that Makes this Happen. We have the opportunity to help

    our customers experience what technology can do for them.
Best Buy’s Web 2.0 Journey

                      Bethany Kinsella
  Director, Connected Digital Solutions
                              Best Buy
        bethany.kinsella@bestbuy.com




                                     14

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Best Buy Web 2.0

  • 1. Best Buy’s Web 2.0 Journey Bethany Kinsella Director, Connected Digital Solutions Best Buy 1
  • 2. Best Buy, Inc. • Global Family of Brands • Industry leader with more than 40 years of history • 1,000+ Best Buy store infrastructure • 165,000 energized employees • Online presence with Bestbuy.com site that has 500 million unique visitors a year
  • 3. The Journey Begins….Blue Shirt Nation Employees can collaborate, share information and let people be social – to connect to others based on common interests.
  • 4. Best Buy WIKI Employees can share what they know, edit information and search for knowledge.
  • 5. The Loop Marketplace Budget owners Ideas can be can finance a “Featured” or portion or all of the easily funds required to searched execute the idea through both hard & soft tagging Employees can offer to help, recommend or contribute/comment on other employee’s ideas
  • 6. Watercooler Discussion Forums Employees can discuss work related topics, create subgroups and subscribe to discussions
  • 7. Tag Trade: Best Buy’s Prediction Market Employees can help the company make better decisions by participating in the prediction market
  • 8. BSN Mix Employees can cut through the traditional communication mechanisms, posting a note, asking a question, seeking a rapid response.
  • 9. GIFTAG: www.giftag.com BSN Mix Allows people to pick items from any website, add it to a list and share with family and friends.
  • 10. Spy: spy.appspot.com Allows people to ‘listen’ in on social media conversation through keyword
  • 11. Connect: www.bestbuyinc.com/connect Allows people to access to employee blogs and tweets [Twitter]
  • 12. Lessons Learned It’s not about the ‘tool’; the magic is in the culture it  enables Patience (and making the time to engage)  Openness, Honesty, Trust  Learning & Iteration 
  • 13. Key Take-Aways We’re Better Together: Social forums empower people and enable them to  collaborate, listen, solve problems and find opportunities. This helps us grow and keeps us strong. We’re Trying A lot of Things: Some will work, some won’t and everything  will constantly evolve. We’re not afraid to take risks, try things and even fail – as long as we learn. We Believe in our People: People make up this company, and we’re not  afraid to show (and listen to) that humanity. We Sell the Stuff that Makes this Happen. We have the opportunity to help  our customers experience what technology can do for them.
  • 14. Best Buy’s Web 2.0 Journey Bethany Kinsella Director, Connected Digital Solutions Best Buy bethany.kinsella@bestbuy.com 14