Swot Analysis Of Walmart

1600 Words4 Pages
bulb-icon

Recommended: Walmart's strategic plan

About Walmart Starting off as a small discount store, Walmart is now the largest retailer in the world that has been around for 50 years and counting. Walmart was founded by the Waltons, co-founder Sam M. Walmart has 11,695 stores all across the world being visited by over 260 million customers weekly. Walmart’s main focus is their prices, “selling more for less”. Walmart stores are formatted in different ways like; the Walmart Supercenter, Walmart Discount Store, Walmart Neighborhood Market, and an online store. With having such a large assortment of products, it makes it more convenient for a customer to come in the store buying everything they need at one time. Walmart has 2.3 million employees around the world, making it the biggest employer in the world after the U.S Department of Defense and the Chinese Army. About 75% of their store management teams make between 50,000-170,000 a year, starting off as an hourly associate. Last year 200,000 employees were promoted and earned $550 million in bonuses. Being a full or part-time employee, you are eligible for 15% tuition grants at …show more content…

Walmart’s strategy for offering their products at the lowest price possible plays an important role for the company’s success. Walmart constantly pushes for bargain prices making black friday such a big event. Other retailers use the same strategy because it’s such a success for Walmart. Some of the main competitors include; Tesco, Amazon, Costco, Metro AG. Walmart is affected by many factors like the migration of people, changing of lifestyle, and companies that deliver to your doorstep. Walmart’s main promoting strategy is through advertisements, personal selling, public relations, and sales promotion. Advertisements can be found in newspapers, TV commercials, and websites. Personal selling occurs when Walmart’s associates influence customers to buy a certain

Show More
Related

  • SWOT Analysis Of Petsmart, Inc.

    1642 Words  | 4 Pages

    PetSmart, Inc. is a company that provides both products and services for pets. The first spark of interest for investing in this company’s stock begins with the gradual and steady profit over the the past few years. Consider the following data, at the end of the fiscal year of 2014 the recorded revenues were $6,916.6 million, which was an increase of 2.3% over the fiscal year 2013 (PetSmart, Inc. SWOT Analysis, 2015, pp. 3). In addition to revenues of the fiscal year of 2014, the operating profit of PetSmart was around $693.3 million, and compared to fiscal year 2013, this was an increase of 6.5%; the net profit for 2014 was at $419.5 million, which was an increase of 7.7% over 2013 (PetSmart,

    Read More

  • Walmart Swot Analysis Paper

    842 Words  | 2 Pages

    Wal-Mart follows the everyday low prices “EDLP” strategy, which proved to be one of the most successful pricing strategies. Wal-Mart achieves that through an efficient supply chain management that tracks all goods from manufacturers to suppliers to end customers. LU, C. (2014)

    Read More

  • Is Walmart Good Or Bad For Health And Social Care?

    1724 Words  | 4 Pages

    Today Wal-mart has a higher GDP than the entire country of Switzerland, but don’t worry they’re pretty neutral about it. But there has also been news about how they treat there employees. In 2004 an article was released entitled Everyday Low Wages: The Hidden Price We All Pay for Wal-Mart, and soon after Washington got involved. The bad publicity took a toll on Wal-mart and in fact is still today, Maryland passed a law in January, 2006, that said larger employers, such as Wal-mart, must spend at least 8% of their payroll on health benefits for their employees, and now many other states have followed suit. The bad publicity also made it so 8% of customers shop elsewhere because of what they’ve heard, this has caused lower expected sales around the holidays during 2004, and 2005. Some things they’ve done is in 2006 they paid employees on average 9.36 dollars, while other major retailers like Target and Sears pay on average 11.08 dollars. While this can be easily denied by Wal-mart, another way they have gained bad publicity is from something called off-the-clock work. If they had not finished their job they had to clock out and then still finish their job, meaning they wouldn’t get paid for

    Read More

  • Data Analysis Of Wal-Mart Stores Inc.

    1853 Words  | 4 Pages

    By 1997, the company was the top employer in the United States, employing 680,000 associates. In 1998, Wal-Mart launched its Wal-Mart Television Network – an in-store advertising network showing commercials for products sold in the stores, trailers for upcoming movie releases, and news updates. By 1999, Wal-Mart employed 1,140,000 associates; making them the largest private employer in the world.

    Read More

  • Swot Analysis For Costco

    1751 Words  | 4 Pages

    Control systems – Costco has an Enterprise Facility Information management system, each Costco is connected to corporate, the EFIM provides real-time information, management of control systems (like energy), and an inventory management system that allows suppliers to monitor their own stock levels at any Costco. The EFIM reduces costs related to energy consumption, maintenance, and contracted services

    Read More

  • Wal-Mart is Bad For America

    841 Words  | 2 Pages

    "Wal-Mart Stores, Inc. is the world's largest retailer, with $285.2 billion in sales in the fiscal year ending Jan. 31, 2005. The company employs 1.6 million associates worldwide through more than 3,700 facilities in the United States and more than 2,400 units in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Germany, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico, South Korea, and the United Kingdom. More than 138 million customers per week visit Wal-Mart stores worldwide." (Walmartfacts.com)

    Read More

  • Swot Analysis Of Trader Joe's

    1919 Words  | 4 Pages

    Including Desserts According to USA Today, 78% of consumers would like to get dessert just for own reward or treats; also, 60% order desserts because they feel happy.(33) However, consumers barely find dessert options in meal kit delivery companies because it is hard to distribute small amount of ingredients that use to make any kinds of desserts such as cookies, cakes and muffins. However, there are dessert delivery companies who only sell desserts. For example, red velvet cupcakes are packed similar to any other meal kits.

    Read More

  • The Marketing Environment: Wal-Mart Corporation

    1488 Words  | 3 Pages

    Wal-Mart is the world's largest retailer and second largest corporation. It is the largest private employer in the United States and Mexico. Wal-Mart is the largest grocery retailer in the United States, with an estimated 20% of the retail grocery and consumables business, and the largest toy seller in the United States, with an estimated 45% of the retail toy business, having surpassed Toys"R" Us in the late 1990s. Wal-Mart has 1,929 stores which as of 2005 sales figures totaled about $155,477,000,000 in sales. Wal-Marts revenue as of 2006 was an estimated $315,654 billion USD, net income $11.231billion USD, and employs more than 1.8 million employees.1

    Read More

  • Swot Analysis Of Walgreens

    687 Words  | 2 Pages

    Emerging Trends Walgreen’s is a drugstore that was founded in 1901 and has always prided itself in its level of service and personal attention (Walgreens, 2016a). In 2008, Walgreens opened its’ second distribution center in Winsor, Connecticut designed to employ people with disabilities. The idea was to develop a location that gave new job opportunities to people with disabilities as well as creating new processes, systems, and designs that would be able to be mimicked on all their distribution centers (Walgreens, 2016a).

    Read More

  • Walmart's Bureaucratic Structure

    2065 Words  | 5 Pages

    Walmart a name known globally they are a true empire. They are known as one of the largest company in the world. Sam Walton founded Walmart opening the first store in 1952 and Arkansas since then in has grown. According to Snyder Walmart is located in over 27 counties they have over a 11,000 stores and over two million employees. Walmart stands by the mission statement “We save people money so they can live better.” Walmart is known for is super low prices, and they compete with anyone who tries to enter their market. Walmart has a very formal and bureaucratic structure. There is a very clear hierarchy and commands come from the top and flows to the bottom. Although Walmart is so successful they have received lots of backlash due to some

    Read More

  • Essay On Why Walmart Is Bad

    752 Words  | 2 Pages

    The first Walmart was opened in Rogers, Arkansas in the year 1962 by a 44-year-old man by the name of Sam Walton. When he first envisioned Walmart, Walton believed that a successful business could be built around offering lower prices and great service. Despite his retail rivals laughing at his supposedly unsustainable business model, the company became hugely successful, and its success exceeded even Walton's expectations. The company went public in 1970, and the proceeds financed a steady expansion of the business. Today, Walmart is the largest retailer in the world, as it has 8,500 stores spread across 15 countries and annual revenues of $400 billion dollars. Moreover, Walmart is the

    Read More

  • Global Warming: A Look at Both Sides of the Issue

    2372 Words  | 5 Pages

    Sheppard, M., (2010). Post climategate: Towards a reassessment of the global warming. Retrieved February 13, 2010, from http://www.globalresearch.ca/index.php?context=va&aid=20017

    Read More

  • Wal-Mart Dominating Global Retail

    1496 Words  | 3 Pages

    The Wal-mart is the largest retail chain in United States and in the world. The wal-mart was founded in the year 1962 by Mr Sam Walton. It was originally named as Wal-Mart discount city in Rogers, Arkansas. At the time when the Wal-Mart stores started in the year 1962 it was focused only in small rural cites and town which had a population of 5000 to 25000. It was soon increased to 18 stores in 1969. In the next 30 years it had more than 4750 stores across 50 states in USA and 9 countries with $245 billion sales. It started its international operations in Mexico in the year 1991 and then it expanded it to different countries across Europe and Asia.

    Read More

  • Climate Change: Environmentalists and Global Warming

    2347 Words  | 5 Pages

    The Environmentalists claim the science is settled, and that any actions taken to prove otherwise will be unfruitful. They do this to turn public attention away from the fact that much of their data is purposely taken out of context, manipulated, or made up in order to prove that Manmade Global Warming exists. In fact, there is more evidence showing that the rise in temperatures may be due to solar activity or part of the Earth’s natural climate fluctuations, than to support that it is caused by greenhouse gases generated by humans.

    Read More

  • Global Warming: A Global Crisis

    1668 Words  | 4 Pages

    The controversial subject of global warming according to a large amount of scientists is not a prominent concern. Over 31,000 scientists have signed on to a petition saying humans aren't causing global warming. More than 1000 scientists signed on to another report saying there is no global warming at all. There are tens of thousands of well-educated, mainstream scientists who do not agree that global warming is occurring at all. If so many scientists believe it is not a concern then why should we think any different? Well, a consensus shows that in reality 97% of all climate scientists agree that global warming is an issue and that it is most likely due to ...

    Read More

More about Swot Analysis Of Walmart

Open Document