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Walmart Business Model

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Walmart has been around for many years and have really set the standard for what retail stores can accomplish, if they stick to a solid business model and strategy. Walmart was founded as a traditional, off-line, physical store in 1962, and that’s still what it does best (Laudon & Laudon, 2016). At the time Walmart was founded there was no online shopping, so people had to go into the stores after receiving their flyers in the mail. This made Walmart one of the most successful retail stores ever, as people would flock to the stores to purchase items. Walmart has been synonymous with people for decades and they are still going strong today. Walmart is the world’s largest and most successful retailer, with $476 billion in fiscal 2014 sales and …show more content…

Amazon started their business online, thus gaining every advantage from IT is not new to them. Walmart and their physical stores demand people actually walking in to make a profit. In today’s society more than 3 billion people have access to the internet. Walmart would never be able to build enough physical stores to capture what the internet can. Smart phones and devices give consumers unprecedented access to shopping anywhere in the world. Amazon loves this and they do a great job to make the shopping experience as seamless as possible. Where there is IT, there are IT professionals to ensure all the systems are working properly. Logistics takes a lot of IT to ensure people get what they are and on time. Servers, data processors, and inventory programs, must all be monitored by IT professionals. IT professionals must ensure both companies have the best technology available to support their …show more content…

The founder wanted to reach people all over the world to take advantage of online shoppers. His theory of online shopping being successful was right on point. Information technology propelled him in a position to compete with one of the largest retail chains in the world. Walmart was established decades before Amazon and the internet and as a result was reluctant to update their IT. Walmart depended upon their physical locations to keep them relevant, and it did, but not on the level that Amazon is becoming with online shoppers. As Amazon’s success continued, Walmart had no choice but to invest heavily in technology to solidify their place atop the retail industry. Amazon is now a household name just as Walmart is, and IT is one of the number reasons for

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Walmart was founded in the summer of 1962 by Kingfisher, Oklahoma native Sam Walton. Although Walton’s original vision for the store was relatively modest, the half century since its founding has seen Walmart morph into one of the biggest companies in the world. Today headed by one Doug McMillon, Walmart boasts more than 5000 stores in the United States of America alone and employs more than 1.5 million people. Walmart is undoubtedly an American institution, yet each Walmart store feels like its own little country. Walmart seems to have its own laws and customs and the people who shop their on a regular basis appear almost primitive in their behavior as they go about raiding the store’s shelves and wrestling with fellow customers for discount flat screen televisions and bulk packages of two-ply toilet paper.

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Since the company was founded as a corner store, the company’s business plan has always emphasized on expect more, pay less brand promise that sets it apart from its chief rival, Walmart. Although, Walmart is known for its low prices and offers a large selection to its customers; it’s customer service is often found to be nonexistent. This

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According to the recent research of Hierarchy Structure group, they have introduced the Walmart Business Hierarchy. Walmart was first introduced to this world in 1969. It is one of the worlds’ famous grocery stores and supermarkets. It is also widely operating in different countries around the world. As Walmart is a huge company, they require a structured and strict hierarchical system in the company.

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Amazon is number one in competing Walmart especially in online retailer and now opining fiscal stores starting with Amazon Campus store in 2015, available at several college campuses in US the Amazon Campus stores serve as a central hub where student retrieve deliveries from lockers and drop off returns, all free of charge. Over the past three years, while Walmart’s sales grew by 8.6 %, revenue at Amazon has nearly doubled. Then, Costco is also major competitor to Walmart, particularly to Sam’s because of its low price.

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finishing goods, order handling, delivery, dispatch, invoicing; Sales & Marketing for example customer management, order taking, promotion, market research, sales analysis; Servicing for example warranty, maintenance, education and training. Support activities of Amazon include administrative and finance infrastructure; human resources management; product & technology development and procurement. This leads to less cost and more profit margins. The Walmart value chain is also almost the same except there are physical stores involved in between while Amazon has everything through online platform.

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Amazon’s competitive strategy is cost leadership. Amazon has achieved a lot on a great scale that it gets the best prices from its vendors so they can operate in very flexible and thin margins and sell their items easily at retail prices and make money. They also provide shipping products for a reasonable cheap price. They also have improved their warehouses by giving some space to other sellers who want to sell their items through Amazon. They differentiate and provide better quality than their competitors across the industry.

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The company "Walmart" is one of the most influential companies in the retail trade. For over 10 years it became the largest chain of retail supermarkets in the United States. In addition, the position of Wal-Mart are strong and in other countries. "Walmart", since its foundation, pursues a strategy of low prices. This is the strategy through which it can offer products cheaper than other competitors.

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Walmart Case Study This case study involves America’s largest and most recognizable retail chains. Walmart steadily grew from its founding in 1962 as a small Arkansas based retail store into the multi-national giant that it is today. One of the issues that Walmart’s unprecedented growth has raised is how it can maintain the ethical standards and principles held by its founder, Sam Walton, when it has grown past its humble roots and continues to grow in an ever more competitive and hectic world.

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Wal-Mart was founded in 1962 by Sam Walton. With the opening of the first Wal-Mart discount store in Rogers, Ark. The company integrated as Wal-Mart Stores, Inc., on October 31, 1969 (Wal-Mart, 2010). As a leader in sustainability, corporate philanthropy and employment opportunity, Wal-Mart placed first among retailers in Fortune Magazine 's 2009 Most Admired Companies.

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5 – Main risks going forward for Amazon.com are to loose its competitive advantage because of opportunities that Internet offered to its competitor : low prices, deliver, costumer’s service, etc. Moreover, if the business develops, it may encounter logistical problems and limits : geographical and logistical constraints (energy, delivery and connection and some contries) and legislative constraints (censorship, taxes and state agreement : Corea, Sri Lanka, Indonesia, etc). Founded in 1994, Amazon started as an online bookstore and quickly became popular as it received high marks on several Internet rankings. Today, Amazon.com, Inc. is the world's largest online retailing company headquartered in Seattle, WA

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