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Walmart case study

Many of us don't know much about or haven't heard of Walmart





Walmart is an American multinational retail corporation, which has a huge chain of Grocery stores, hypermarket, discount department stores.
Founded by Sam Walton in 1962

As of 31st Jan 2019, WalMart has 11,348 stores in 27 countries, under 55 different names.

Example

Best price in India

Asda in the united kingdom

Number of employees:  2.3 million, worldwide (2017)

Since 1982, the Man who was at the position of worlds' Richest man was Sam Walton.

After the death of Sam Walton in 1992, Bill gates became the worlds Richest man.
Walmart is the revolution of Retail industries
In 2017 Walmart generated 486 billion dollar revenue whereas apple generated $255 billion revenue
Read in Wikipedia

Walmart acquisition








currently, Walmart purchased Flipkart to rule E-Commerce

Read article click here


According to Forbes, Market cap of Walmart is $246.2B
Read article click here
Some similar  important Article

Walmart's E-commerce Tactics Against Amazon Look To Be Paying Off

Some Fact about Walmart

If you want to visit each and every store of Walmart you will need 35 years to visit all the Walmart stores.

Now, you can imagine how big is Walmart company

Walmart earns 1.8 million $ per hour
If you add Bill Gates, Warren Buffett's and Michael Bloomberg's net worth, the total net worth will be lesser then "WALMART FAMILY"
Across 37 million people shop from Walmart per day, which is more then CANADA's population
So you can imagine how much Walmart is spread over the world!
So, how do they achieve success? Walmart has only one policy "Create from Volume"
Every company needs deep research and analysis, about the country and its people
For Example
India is a price sensitive country. That's why  Walmart never introduced themselves as Walmart in India. It is the "best price"
as the name suggested you will get the best price of anything you brought.
They play with the mindset of people and improve accordingly


Do you know the most searched word in any GPS device is "Walmart"?
So if you are a Businessman never settle for less, work hard for your dreams and don't stop, if you reach your goal many of us don't know about Walmart



His business model's main objective was "Create from volume"

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