Sunday, February 24, 2019
How Walmart Can Improve Sales Essay
1. What strategies would you recommend to current CEO Mike Duke?2. How send away 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 all in allows customers slack 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 year in turn will boost sales because Wal-Mart.com is able to display all products available, unlike inclose, which have limited space. As long as Wal-Mart.com continues to erect low prices and low shipping prices with the same quality of service, with easy checkout, it laughingstock be most profitable allowing Wal-Mart to benefit from internet retailing.3. How aggressively should Wal-Mart din internationally and where?I dont believe Wal-Mart should move progressively when puffing internationally. It is the right time to exsert internationally, anywhere east of t he North the States continent. 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 trace with low cost, greatest selection of quality merchandise and highest standards of customer service. (David, P. 68)4. Should Wal-Mart expand the convenient store concept in China and other markets?I believe it is a good idea to expand the convenient store concept in China and other markets. According to Convenience insert News small formats are leading store growth in the Asia-Pacific region with traditional convenience stores seeing significant growth. China added to a greater extent than 4,000 new c-stores in the past 12 months. (Kress, 2012)5. Should Wal-Mart get a beachhead in Europe before competitors seize the initiative?
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