SlideShare a Scribd company logo
1 of 28
Download to read offline
Presentation on Walmart
Samuel Antwi, School of Management and E-Commerce, Zhejiang Gongshang University, Hangzhou, China
November 2019
Walmart Homepage
OUTLINE
• Evolution of Walmart
• Business Description
• Vision, Mission and Culture
• Membership
• Competitors
• Competitive Advantage
• Target Customers
• Walmart International
• Key success
• Criticism of Walmart
• Conclusion
• Recommendations
• A video on Walmart
• References
Evolution of Walmart
• 1962: Walmart was founded by Sam Walton in Arkansas, USA
• 1967: The Walton family owned 24 stores, ringing up 12.7m USD in sales
• 1969: The company officially incorporated as Wal-Mart Stores, Incorporation
• 1970: Walmart becomes a publicly traded company. The first stock was sold at $16.50
per share.
• 1972: Walmart was listed on the New York Stock Exchange
• 1990: 1st National retailer
• 1991: International Expansion
• 2003: Largest Corporation in the world
• 2007: Walmart.com launched site to store service, enabling customers to make a
purchase online and pick up merchandise in stores.
• 2012: 50th anniversary
• 2018: The company changed its legal name from Wal-Mart Stores, Inc. to Walmart Inc.
Business Description
Products
Services
• Dry and wet grocery
• Beverages
• Frozen food
• Jewellery and others
• Money order service
• Cellular service plan
• Photo processing plan
Business Description
• Walmart Discount Stores
• Sam’s Club
• Supercenters
• Neighborhood market
Their services include: Money order service, Cellular service plan and Photo
processing plan
Walmart Discount Stores
• This strategy allows the company to give special attention to customers in smaller
markets in some rural places.
• They offer electronics, apparel, toys, home furnishings, health and beauty aids,
hardware and others.
Sam’s Club
• Sam Walton opened the first Sam's Club in 1983 to help small business owners
save money on merchandise purchased in bulk.
• Offers bulk displays of name-brand merchandise, some soft goods and
institutional size grocery items.
• Most clubs have fresh food departments such as bakery, meat and produce
sections.
Walmart Supercenters
• Walmart Supercenters offer a one-
stop shopping experience by
combining a grocery store with
fresh produce, bakery, deli and dairy
products with electronics, apparel,
toys and home furnishings.
• Most Supercenters are open 24
hours, and may also include
specialty shops such as banks, hair
and nail salons, restaurants, or
vision centers.
Walmart Neighborhood Market
• Walmart Neighborhood Markets were designed in 1998 as a smaller-footprint
option for communities in need of a pharmacy, affordable groceries and
merchandise.
• Walmart Neighborhood Markets offer fresh produce, meat and dairy products,
bakery and deli items, household supplies, health and beauty aids and a
pharmacy.
Walmart Services
• Walmart Money Order Service: It is essentially a prepaid check or bank
certificate. To get a money order, you pay the amount of the money order to the
issuer, plus a small fee. Then you’ll be issued the money order, which will typically
include the name of both the recipient and the issuer.
• Walmart Cellular Service Plan: Choose from a wide variety of smartphones or
keep his/her own phone and buy a compatible SIM Activation Kit. With this
service, subscribers enjoy the lowest-priced, unlimited plans and the most 4G LTE
data. It's powered by T-Mobile's nationwide network, so you can enjoy unlimited
talk, text and data on your favorite phone with no contract.
• Walmart Photo Processing Plan: This service allows customers to upload their
pictures (photos, wall art, designs, posters, and so forth) to their website using
the Walmart app for a quick, easy way to get it printed and also deliver to them.
Walmart is best known for the sale of groceries
Vision & Mission
• Walmart vision is to be the best retailer in the hearts and minds of consumers
and employees.
• Their mission is to save people money so they can live better.
Culture
• Service to the Customer
Listen to, anticipate and serve customer wants and needs. Support and
empower associates to serve customers every day.
• Respect for the Individual
Be visible and available, collaborate with others and be open to feedback.
Seek and embrace differences in people, ideas and experiences.
• Strive for Excellence
Set and achieve aggressive goals. Take ownership, celebrate successes and
be responsible for results.
• Act with Integrity
Tell the truth, keep your promises and be trustworthy. Do right by others, be
open and transparent.
Membership
• Just like Alibaba, Walmart also allows suppliers to sign-up and offer/render their
product(s)/services(s) on their platform/stores after satisfying all the necessary
requirements.
Competitors
Competitive Advantages
• Walmart major competitive advantage
is the “Everyday low price”.
• Walmart does not necessarily have a
unique period where they offer huge
discount(s) on their product(s) or
service(s).
• Another is the fact that they are able
to screen the market to know their
customer needs and season demands
and make them readily available on
time.
Target Customers
• Walmart target customers is vast majority of people:
- Modest incomes
- Shoppers interested in prices
Walmart International
• Walmart does not operate in USA
only but also in some foreign
countries.
• Walmart has stores in 27 different
countries.
• As on April 24, 2019, Walmart had
11,300 stores globally.
Walmart International Store Counts (31/01/2019)
Continent/Country
• Africa
• Argentina
• Canada
• Central America
• Chile
• China
• India
• Japan
• Mexico
• United Kingdom
Number of Stores
• 436
• 92
• 411
• 811
• 371
• 443
• 22
• 332
• 244
• 633
Mode of Entry
• The mode of entry of Walmart in the
international market is dynamic.
• Whist Walmart operates in some
countries as a fully owned entity, they
do operate in some countries as a joint
venture and/or franchising.
Mode of Entry Cont.
Walmart Successful Stories
• In fiscal year 2012, Walmart registered approximately $444 billion in sales, which
is $20 billion more than Austria's GDP. If Walmart were a country, it would be the
26th largest economy in the world.
• Walmart top selling item in 2014 was banana.
• Walmart generated $514.4 billion in revenue in the fiscal year ended Jan. 31,
2019, up from $500.3 billion the previous year. In addition, e-commerce sales
grew 40%.
• In the first quarter of 2019, Walmart sales increased by 37% year-over-year.
Revenue rose 1% to $123.9 billion.
• Walmart had 2.2 million employees as on April 25, 2019.
• 275 million customers shop at Walmart every week (last updated: April 24, 2019)
Criticism of Walmart
• Predatory Pricing:
Walmart has been accused of selling merchandise at low costs that competitors
have tried to sue it for intentionally selling product at low cost in order to drive
competitors out of the market.
• Employee and Labour Relations:
With about 2.2 million employee worldwide, Walmart has faced a number of
lawsuits and issues ranging from low wages, poor working conditions, inadequate
health care and so forth.
Conclusion
• Walmart success is achieved through
hard work, unity, good managerial
decisions and other factors (both
internal and external).
• This was evident during Sam Walton
acceptance remarks at the Presidential
Medal of Freedom awarded United
States of America President George H.
W. Bush in 1992, If we work together,
we'll lower the cost of living for
everyone...we'll give the world an
opportunity to see what it's like to save
and have a better life.
Recommendations
• Walmart must improve on it’s international expansion in emerging economic
countries.
• Walmart must put in greater effort to be the leading pioneer for groceries
retailing store in the world.
• Their mode of entry in countries (for example, the Asian countries) where they
cherish their local products/services should be a joint venture(preferably a local
company)
• Walmart needs to improve on the condition of services of their workers.
References
• Cordero, C., Oleza, C. D., Doldán, A. Lgual, P. & Pérez, L. (2012). Walmart Analysis. Retrieved October 3, 2019 from
https://www.slideshare.net/lpmontesa/walmart-analysis
• Csiszar, J. (2017). How much does a money order cost at Walmart. Retrieved October 5, 2019 from https://www.gobankingrates.com/banking/checking-
account/how-much-money-order-cost-walmart/
• History of Walmart (n.d). Retrieved October 1 2019 from https://corporate.walmart.com/our-story/our-history
• History and Mission of Walmart. (n.d). Retrieved October 2, 2019 from https://help.walmart.com/app/answers/detail/a_id/6/~/walmart.coms-history-
and-mission
• Hensel, A. (2016). Walmart grows e-commerce sales 37% with focus on grocery. Retrieved from October 3, 2019 from
https://digiday.com/retail/walmart-grows-e-commerce-sales-37-focus-grocery/
• Nimmy, M., Neeraja, N. J., Afrin. M. & Aida, A. I. (2016). A Case study on Walmart. Retrieved September 28, 2019 from
https://www.slideshare.net/Soms_15/walmart-60665572
• Sohel, A. M. M., Mahbub-Ur-Rahman, M. & Hafiz-Al-Asad. (2015). Presentation on Walmart. Retrieved October 1 2019 from
https://www.slideshare.net/MdHafizAlAsad/presentation-on-walmart
• Saunders, N. (2019). Analysis: Walmart remains a retail winner with good news on top and bottom line. Retrieved September 30, 2019 from
https://chainstoreage.com/finance-0/analysis-walmart-remains-a-retail-winner-with-good-news-on-top-and-bottom-line
• Walmart Cellular Network Plan. (n.d). Retrieved October 5 2019 from https://www.walmart.com/cp/straight-talk-wireless/1045119
• Walmart Photo Service. (n.d). Retrieved October 5, 2019 from https://photos3.walmart.com/about/prints
• 18 facts about Walmart That will Blow Your Mind. (2016). Retrieve October 5, 2019 from https://www.aol.com/article/finance/2016/05/25/18-facts-
about-walmart-that-will-blow-your-mind/21383811/?guccounter=1
• 2019 Walmart Annual Report. (2019). Retrieved September 30, 2019 from http://stock.walmart.com/investors/financial-information/annual-reports-
and-proxies/default.aspx
Walmart's Global Success

More Related Content

What's hot

What's hot (20)

Walmart marketing
Walmart marketing Walmart marketing
Walmart marketing
 
Walmart
WalmartWalmart
Walmart
 
walmart ppt.pdf
walmart ppt.pdfwalmart ppt.pdf
walmart ppt.pdf
 
Walmart
Walmart Walmart
Walmart
 
Walmart SCM
Walmart SCMWalmart SCM
Walmart SCM
 
Walmart's SCM
Walmart's SCMWalmart's SCM
Walmart's SCM
 
Walmart
WalmartWalmart
Walmart
 
Wal Mart Case Study by dhimant
Wal Mart Case Study by dhimantWal Mart Case Study by dhimant
Wal Mart Case Study by dhimant
 
Wal mart’s supply chain presantation
Wal mart’s supply chain presantationWal mart’s supply chain presantation
Wal mart’s supply chain presantation
 
Walmart
WalmartWalmart
Walmart
 
Wal mart
Wal martWal mart
Wal mart
 
Wal mart case_study
Wal mart case_studyWal mart case_study
Wal mart case_study
 
Walmart MKTG322
Walmart  MKTG322Walmart  MKTG322
Walmart MKTG322
 
Supply chain management at walmart
Supply chain management at walmartSupply chain management at walmart
Supply chain management at walmart
 
Wallmart
WallmartWallmart
Wallmart
 
Walmart presentation
Walmart presentationWalmart presentation
Walmart presentation
 
Business strategy- Walmart
Business strategy- WalmartBusiness strategy- Walmart
Business strategy- Walmart
 
Walmart PESTLE Analysis
Walmart PESTLE  AnalysisWalmart PESTLE  Analysis
Walmart PESTLE Analysis
 
walmart supply chain management
walmart supply chain management walmart supply chain management
walmart supply chain management
 
Walmart ppt
Walmart pptWalmart ppt
Walmart ppt
 

Similar to Walmart's Global Success

Similar to Walmart's Global Success (20)

Walmart PPT
Walmart PPTWalmart PPT
Walmart PPT
 
Presentation on Walmart
Presentation on WalmartPresentation on Walmart
Presentation on Walmart
 
Walmart
WalmartWalmart
Walmart
 
Wallmart Depth Analysis with Overview and Swot Analysis, Business Trends By M...
Wallmart Depth Analysis with Overview and Swot Analysis, Business Trends By M...Wallmart Depth Analysis with Overview and Swot Analysis, Business Trends By M...
Wallmart Depth Analysis with Overview and Swot Analysis, Business Trends By M...
 
Walmart f500
Walmart f500Walmart f500
Walmart f500
 
Walmart Stores
Walmart StoresWalmart Stores
Walmart Stores
 
Walmart
WalmartWalmart
Walmart
 
Walmart background and introduction
Walmart background and introductionWalmart background and introduction
Walmart background and introduction
 
Walmart
WalmartWalmart
Walmart
 
Walmart Brand Presentation
Walmart Brand PresentationWalmart Brand Presentation
Walmart Brand Presentation
 
G 6 1137
G 6 1137G 6 1137
G 6 1137
 
Walmart.pptx
Walmart.pptxWalmart.pptx
Walmart.pptx
 
Walmart Mini Case Study
Walmart Mini Case StudyWalmart Mini Case Study
Walmart Mini Case Study
 
Production & and operation management
Production & and operation managementProduction & and operation management
Production & and operation management
 
DSE B1.pptx
DSE B1.pptxDSE B1.pptx
DSE B1.pptx
 
walmart-160905162356.pdf
walmart-160905162356.pdfwalmart-160905162356.pdf
walmart-160905162356.pdf
 
Kmart pp2
Kmart pp2Kmart pp2
Kmart pp2
 
WALMART - Save money.Live better
WALMART - Save money.Live betterWALMART - Save money.Live better
WALMART - Save money.Live better
 
Supply Chain Management Walmart
Supply Chain Management Walmart Supply Chain Management Walmart
Supply Chain Management Walmart
 
walmart-130302213032-phpapp02.docx
walmart-130302213032-phpapp02.docxwalmart-130302213032-phpapp02.docx
walmart-130302213032-phpapp02.docx
 

Recently uploaded

Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.Aaiza Hassan
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessAggregage
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Roomdivyansh0kumar0
 
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service DewasVip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewasmakika9823
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒anilsa9823
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in managementchhavia330
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsApsara Of India
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Socio-economic-Impact-of-business-consumers-suppliers-and.pptx
Socio-economic-Impact-of-business-consumers-suppliers-and.pptxSocio-economic-Impact-of-business-consumers-suppliers-and.pptx
Socio-economic-Impact-of-business-consumers-suppliers-and.pptxtrishalcan8
 
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfCatalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfOrient Homes
 

Recently uploaded (20)

Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for Success
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
 
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service DewasVip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in management
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Socio-economic-Impact-of-business-consumers-suppliers-and.pptx
Socio-economic-Impact-of-business-consumers-suppliers-and.pptxSocio-economic-Impact-of-business-consumers-suppliers-and.pptx
Socio-economic-Impact-of-business-consumers-suppliers-and.pptx
 
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfCatalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
 

Walmart's Global Success

  • 1. Presentation on Walmart Samuel Antwi, School of Management and E-Commerce, Zhejiang Gongshang University, Hangzhou, China November 2019
  • 3. OUTLINE • Evolution of Walmart • Business Description • Vision, Mission and Culture • Membership • Competitors • Competitive Advantage • Target Customers • Walmart International • Key success • Criticism of Walmart • Conclusion • Recommendations • A video on Walmart • References
  • 4. Evolution of Walmart • 1962: Walmart was founded by Sam Walton in Arkansas, USA • 1967: The Walton family owned 24 stores, ringing up 12.7m USD in sales • 1969: The company officially incorporated as Wal-Mart Stores, Incorporation • 1970: Walmart becomes a publicly traded company. The first stock was sold at $16.50 per share. • 1972: Walmart was listed on the New York Stock Exchange • 1990: 1st National retailer • 1991: International Expansion • 2003: Largest Corporation in the world • 2007: Walmart.com launched site to store service, enabling customers to make a purchase online and pick up merchandise in stores. • 2012: 50th anniversary • 2018: The company changed its legal name from Wal-Mart Stores, Inc. to Walmart Inc.
  • 5. Business Description Products Services • Dry and wet grocery • Beverages • Frozen food • Jewellery and others • Money order service • Cellular service plan • Photo processing plan
  • 6. Business Description • Walmart Discount Stores • Sam’s Club • Supercenters • Neighborhood market Their services include: Money order service, Cellular service plan and Photo processing plan
  • 7. Walmart Discount Stores • This strategy allows the company to give special attention to customers in smaller markets in some rural places. • They offer electronics, apparel, toys, home furnishings, health and beauty aids, hardware and others.
  • 8. Sam’s Club • Sam Walton opened the first Sam's Club in 1983 to help small business owners save money on merchandise purchased in bulk. • Offers bulk displays of name-brand merchandise, some soft goods and institutional size grocery items. • Most clubs have fresh food departments such as bakery, meat and produce sections.
  • 9. Walmart Supercenters • Walmart Supercenters offer a one- stop shopping experience by combining a grocery store with fresh produce, bakery, deli and dairy products with electronics, apparel, toys and home furnishings. • Most Supercenters are open 24 hours, and may also include specialty shops such as banks, hair and nail salons, restaurants, or vision centers.
  • 10. Walmart Neighborhood Market • Walmart Neighborhood Markets were designed in 1998 as a smaller-footprint option for communities in need of a pharmacy, affordable groceries and merchandise. • Walmart Neighborhood Markets offer fresh produce, meat and dairy products, bakery and deli items, household supplies, health and beauty aids and a pharmacy.
  • 11. Walmart Services • Walmart Money Order Service: It is essentially a prepaid check or bank certificate. To get a money order, you pay the amount of the money order to the issuer, plus a small fee. Then you’ll be issued the money order, which will typically include the name of both the recipient and the issuer. • Walmart Cellular Service Plan: Choose from a wide variety of smartphones or keep his/her own phone and buy a compatible SIM Activation Kit. With this service, subscribers enjoy the lowest-priced, unlimited plans and the most 4G LTE data. It's powered by T-Mobile's nationwide network, so you can enjoy unlimited talk, text and data on your favorite phone with no contract. • Walmart Photo Processing Plan: This service allows customers to upload their pictures (photos, wall art, designs, posters, and so forth) to their website using the Walmart app for a quick, easy way to get it printed and also deliver to them.
  • 12. Walmart is best known for the sale of groceries
  • 13. Vision & Mission • Walmart vision is to be the best retailer in the hearts and minds of consumers and employees. • Their mission is to save people money so they can live better.
  • 14. Culture • Service to the Customer Listen to, anticipate and serve customer wants and needs. Support and empower associates to serve customers every day. • Respect for the Individual Be visible and available, collaborate with others and be open to feedback. Seek and embrace differences in people, ideas and experiences. • Strive for Excellence Set and achieve aggressive goals. Take ownership, celebrate successes and be responsible for results. • Act with Integrity Tell the truth, keep your promises and be trustworthy. Do right by others, be open and transparent.
  • 15. Membership • Just like Alibaba, Walmart also allows suppliers to sign-up and offer/render their product(s)/services(s) on their platform/stores after satisfying all the necessary requirements.
  • 17. Competitive Advantages • Walmart major competitive advantage is the “Everyday low price”. • Walmart does not necessarily have a unique period where they offer huge discount(s) on their product(s) or service(s). • Another is the fact that they are able to screen the market to know their customer needs and season demands and make them readily available on time.
  • 18. Target Customers • Walmart target customers is vast majority of people: - Modest incomes - Shoppers interested in prices
  • 19. Walmart International • Walmart does not operate in USA only but also in some foreign countries. • Walmart has stores in 27 different countries. • As on April 24, 2019, Walmart had 11,300 stores globally.
  • 20. Walmart International Store Counts (31/01/2019) Continent/Country • Africa • Argentina • Canada • Central America • Chile • China • India • Japan • Mexico • United Kingdom Number of Stores • 436 • 92 • 411 • 811 • 371 • 443 • 22 • 332 • 244 • 633
  • 21. Mode of Entry • The mode of entry of Walmart in the international market is dynamic. • Whist Walmart operates in some countries as a fully owned entity, they do operate in some countries as a joint venture and/or franchising.
  • 22. Mode of Entry Cont.
  • 23. Walmart Successful Stories • In fiscal year 2012, Walmart registered approximately $444 billion in sales, which is $20 billion more than Austria's GDP. If Walmart were a country, it would be the 26th largest economy in the world. • Walmart top selling item in 2014 was banana. • Walmart generated $514.4 billion in revenue in the fiscal year ended Jan. 31, 2019, up from $500.3 billion the previous year. In addition, e-commerce sales grew 40%. • In the first quarter of 2019, Walmart sales increased by 37% year-over-year. Revenue rose 1% to $123.9 billion. • Walmart had 2.2 million employees as on April 25, 2019. • 275 million customers shop at Walmart every week (last updated: April 24, 2019)
  • 24. Criticism of Walmart • Predatory Pricing: Walmart has been accused of selling merchandise at low costs that competitors have tried to sue it for intentionally selling product at low cost in order to drive competitors out of the market. • Employee and Labour Relations: With about 2.2 million employee worldwide, Walmart has faced a number of lawsuits and issues ranging from low wages, poor working conditions, inadequate health care and so forth.
  • 25. Conclusion • Walmart success is achieved through hard work, unity, good managerial decisions and other factors (both internal and external). • This was evident during Sam Walton acceptance remarks at the Presidential Medal of Freedom awarded United States of America President George H. W. Bush in 1992, If we work together, we'll lower the cost of living for everyone...we'll give the world an opportunity to see what it's like to save and have a better life.
  • 26. Recommendations • Walmart must improve on it’s international expansion in emerging economic countries. • Walmart must put in greater effort to be the leading pioneer for groceries retailing store in the world. • Their mode of entry in countries (for example, the Asian countries) where they cherish their local products/services should be a joint venture(preferably a local company) • Walmart needs to improve on the condition of services of their workers.
  • 27. References • Cordero, C., Oleza, C. D., Doldán, A. Lgual, P. & Pérez, L. (2012). Walmart Analysis. Retrieved October 3, 2019 from https://www.slideshare.net/lpmontesa/walmart-analysis • Csiszar, J. (2017). How much does a money order cost at Walmart. Retrieved October 5, 2019 from https://www.gobankingrates.com/banking/checking- account/how-much-money-order-cost-walmart/ • History of Walmart (n.d). Retrieved October 1 2019 from https://corporate.walmart.com/our-story/our-history • History and Mission of Walmart. (n.d). Retrieved October 2, 2019 from https://help.walmart.com/app/answers/detail/a_id/6/~/walmart.coms-history- and-mission • Hensel, A. (2016). Walmart grows e-commerce sales 37% with focus on grocery. Retrieved from October 3, 2019 from https://digiday.com/retail/walmart-grows-e-commerce-sales-37-focus-grocery/ • Nimmy, M., Neeraja, N. J., Afrin. M. & Aida, A. I. (2016). A Case study on Walmart. Retrieved September 28, 2019 from https://www.slideshare.net/Soms_15/walmart-60665572 • Sohel, A. M. M., Mahbub-Ur-Rahman, M. & Hafiz-Al-Asad. (2015). Presentation on Walmart. Retrieved October 1 2019 from https://www.slideshare.net/MdHafizAlAsad/presentation-on-walmart • Saunders, N. (2019). Analysis: Walmart remains a retail winner with good news on top and bottom line. Retrieved September 30, 2019 from https://chainstoreage.com/finance-0/analysis-walmart-remains-a-retail-winner-with-good-news-on-top-and-bottom-line • Walmart Cellular Network Plan. (n.d). Retrieved October 5 2019 from https://www.walmart.com/cp/straight-talk-wireless/1045119 • Walmart Photo Service. (n.d). Retrieved October 5, 2019 from https://photos3.walmart.com/about/prints • 18 facts about Walmart That will Blow Your Mind. (2016). Retrieve October 5, 2019 from https://www.aol.com/article/finance/2016/05/25/18-facts- about-walmart-that-will-blow-your-mind/21383811/?guccounter=1 • 2019 Walmart Annual Report. (2019). Retrieved September 30, 2019 from http://stock.walmart.com/investors/financial-information/annual-reports- and-proxies/default.aspx