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Wal-Mart should focus on getting rid of (transition) its old mentality management and try spending top dollar on hiring top talent from the industry. I happened
by CodeSheikh 10y ago
Wal-Mart should focus on getting rid of (transition) its old mentality management and try spending top dollar on hiring top talent from the industry. I happened to work with Wal-Mart tech teams and their hands are tied by stubborn warehouse-manual-gears mindset of upper management. Basically our company had a nightmarish experience when we were integrating our services product with their internal tech products.
All of these companies (Walmart, Bestbuy etc) are trying to compete with Amazon by offering things like price match etc. Sure it is nice to have a price match from Bestbuy and pick up your product on the same day from Bestbuy. But Amazon came back with a KO punch and offered Same-Day/One-Day shipping. I can basically order it before midnight of the previous day and have it at my doors by max 7pm the next day. Amazon has successfully created a concept of brand among household consumers. They are the Apple of household consumerism and most people don't want to buy from uncool brands. When I search for a product on Google shopping and if the price is same on Amazon and Walmart, I would pick Amazon because of "PRIME" shipping. Even if it is $1 cheaper on Walamrt I would still go for Amazon. Brand loyalty can't be bought with $3B. Brand loyalty needs to be created at grass root level.