Subscription membership plans are all the rage, and Best Buy (NYSE: BBY) wants in on the action. The electronics retailer announced on Wednesday that it is piloting a new membership plan called Best Buy Beta. The membership will include a host of benefits for subscribers to rival services such as Amazon (NASDAQ: AMZN) Prime and Walmart 's (NYSE: WMT) Walmart+.
The plan will offer free shipping with no minimum order, which has become the cornerstone of rival memberships. Best Buy is putting its own spin on the program by extending the return window to 60 days and offering two-year warranty protection on most purchases, including AppleCare on Apple (NASDAQ: AAPL) products. Members will also enjoy free in-home delivery and installation for the majority of Best Buy purchases.
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Best Buy Introduces Membership Plan to Rival Amazon Prime and Walmart+