Sunday, May 19, 2019
How Walmart Can Improve Sales Essay
1. What strategies would you recommend to flow rate CEO Mike Duke?2. How can Wal-Mart benefit from Internet retailing?The internet has interesting aspects and will definitely serve a growing market throughout the 21st Century. (David, P. 69) Wal-Mart.com allows customers easy and convenient access to Wal-Marts millions of products without leaving their homes 24 hours a day, 7 days a week and 365 days a category in turn will boost sales because Wal-Mart.com is able to display all products available, unlike store, which make limited space. As long as Wal-Mart.com continues to offer low prices and low shipping prices with the same role of service, with easy checkout, it can be most profitable allowing Wal-Mart to benefit from internet retailing.3. How aggressively should Wal-Mart thunder internationally and where?I dont believe Wal-Mart should move progressively when expanding internationally. It is the right time to expand internationally, anyplace east of the North America cont inent. Wal-Mart expanding internationally keeps them from being vulnerable to fluctuations of the U.S. dollar, allowing them to generate earnings from the countries east of the U.S. Wal-Mart should expand aggressively, which will allow customers all over the world to associate their name with low cost, greatest excerption of quality merchandise and highest standards of customer service. (David, P. 68)4. Should Wal-Mart expand the convenient store concept in China and separate markets?I believe it is a good idea to expand the convenient store concept in China and other markets. According to Convenience Store News small formats are leading store growth in the Asia-Pacific region with traditional convenience stores seeing significant growth. China added more than 4,000 raw c-stores in the past 12 months. (Kress, 2012)5. Should Wal-Mart get a foothold in Europe before competitors becharm the initiative?
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