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I don't disagree. But I find it interesting that Amazon is thought of as this juggernaut when Walmart has literally double the revenue they do. Sure, they may

by jjeaff 7y ago

I don't disagree. But I find it interesting that Amazon is thought of as this juggernaut when Walmart has literally double the revenue they do. Sure, they may be going in the right direction, but the amount of product they are moving and their bargaining power as a buyer pales in comparison to wmt. Especially considering that a large chunk of their revenue is from non retail services and fees from 3rd party sellers, the products of which they may never touch.

coldtea 7y ago
>But I find it interesting that Amazon is thought of as this juggernaut when Walmart has literally double the revenue they do. It's the momentum not the revenue. It's also the domains it affects.
- Merrill 7y ago
  2017 to 2018 Amazon grew from $103 to $121B revenues or by $18B, while Walmart grew from $375 to $388B or by $13B. However, Amazon's revenues include some fast growing areas such as AWS, so the revenues they are taking away from other retailers are probably about the same. Amazon's impact on retail may be felt more because it sells a vast variety of products, which makes a lot of the small boutique stores in malls no longer viable. That space has to be converted to services or close. https://stores.org/stores-top-retailers-2019/ https://stores.org/stores-top-retailers-2019/ https://stores.org/stores-top-retailers-2018/ https://stores.org/stores-top-retailers-2018/
  - coldtea 7y ago
    >2017 to 2018 Amazon grew from $103 to $121B revenues or by $18B, while Walmart grew from $375 to $388B or by $13B. However, Amazon's revenues include some fast growing areas such as AWS, so the revenues they are taking away from other retailers are probably about the same. Momentum is more about relative growth than absolute numbers (13 vs 18). And longer term than just 2017-2018. E.g. like this: https://mgmresearch.com/wp-content/uploads/2019/03/Amazon-vs-Walmart-Revenue-Growth-1999-2018.png https://mgmresearch.com/wp-content/uploads/2019/03/Amazon-vs... https://cdn.vox-cdn.com/thumbor/m_LcpuimdJcrjLyGV0Ps4UI4-H8=/0x0:5001x2764/1200x0/filters:focal(0x0:5001x2764):no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/8506691/Amazon_versus_walmart_market_value_01.png https://cdn.vox-cdn.com/thumbor/m_LcpuimdJcrjLyGV0Ps4UI4-H8=... https://mgmresearch.com/wp-content/uploads/2019/02/Amazon-vs-Walmart-Net-Income.png https://mgmresearch.com/wp-content/uploads/2019/02/Amazon-vs... https://newharborllc.com/wp-content/uploads/2017/12/20171205-Amazon-Growth.png https://newharborllc.com/wp-content/uploads/2017/12/20171205...

by jjeaff 7y ago

coldtea 7y ago

>But I find it interesting that Amazon is thought of as this juggernaut when Walmart has literally double the revenue they do. It's the momentum not the revenue. It's also the domains it affects.

Merrill 7y ago
2017 to 2018 Amazon grew from $103 to $121B revenues or by $18B, while Walmart grew from $375 to $388B or by $13B. However, Amazon's revenues include some fast growing areas such as AWS, so the revenues they are taking away from other retailers are probably about the same. Amazon's impact on retail may be felt more because it sells a vast variety of products, which makes a lot of the small boutique stores in malls no longer viable. That space has to be converted to services or close. https://stores.org/stores-top-retailers-2019/ https://stores.org/stores-top-retailers-2019/ https://stores.org/stores-top-retailers-2018/ https://stores.org/stores-top-retailers-2018/
- coldtea 7y ago
  >2017 to 2018 Amazon grew from $103 to $121B revenues or by $18B, while Walmart grew from $375 to $388B or by $13B. However, Amazon's revenues include some fast growing areas such as AWS, so the revenues they are taking away from other retailers are probably about the same. Momentum is more about relative growth than absolute numbers (13 vs 18). And longer term than just 2017-2018. E.g. like this: https://mgmresearch.com/wp-content/uploads/2019/03/Amazon-vs-Walmart-Revenue-Growth-1999-2018.png https://mgmresearch.com/wp-content/uploads/2019/03/Amazon-vs... https://cdn.vox-cdn.com/thumbor/m_LcpuimdJcrjLyGV0Ps4UI4-H8=/0x0:5001x2764/1200x0/filters:focal(0x0:5001x2764):no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/8506691/Amazon_versus_walmart_market_value_01.png https://cdn.vox-cdn.com/thumbor/m_LcpuimdJcrjLyGV0Ps4UI4-H8=... https://mgmresearch.com/wp-content/uploads/2019/02/Amazon-vs-Walmart-Net-Income.png https://mgmresearch.com/wp-content/uploads/2019/02/Amazon-vs... https://newharborllc.com/wp-content/uploads/2017/12/20171205-Amazon-Growth.png https://newharborllc.com/wp-content/uploads/2017/12/20171205...