walmart brand presentation
DESCRIPTION
about brand walmartTRANSCRIPT
WALMART
PRIYA MUKHERJEE 13RM932
Walmart
Founded by Sam Walton in1962
Walmart employs over 2.2 million people.
It is an American multinational retail corporation that runs chains of large discount department stores and warehouse stores.
It has 11,000 stores around the world.
It is the world's largest public corporation, according to the Fortune Global 500 list in 2014
The largest retailer in the world.
The first true Wal-Mart opened on July 2, 1962 in Rogers, Arkansas, called the Wal-Mart Discount City store.
Formats
WALMART SUPERCENTERS
WALMART DISCOUNT STORES
WALMART NEIGHBORHOOD MARKET
WALMART EXPRESS
WALMART ONLINE
Walmart Logo over the years
1962-1964
1964-1981
1968-19811981-1992
1992-2008
2008- Present
Meet Their Customers
PRICE VALUE SHOPPERS BRAND ASPIRATIONAL SHOPPERS
PRICE SENSITIVE AFFLUENT SHOPPERS
I want….Everyday NeedsAt…..Unbeatable PricesIn a Store with…..Easy, Convenient Shopping
I want….Brand I TrustAt…..Unbeatable PricesIn a Store with…..Easy, Convenient Shopping
I want….Quality ProductsAt…..Unbeatable PricesIn a Store with…..Easy, Convenient Shopping
Brand Identity
The Walmart Brand Identity is the complete alignment of What customers See, Hear, Read, Experience and Think about Walmart products and services
Unbeatable Prices
Easy Shopping
Quality Products
Financial Performance
Community Relations
Public Relations
Safety policies
Distribution Channel
Customer Service
Knowledgeable AssociatesCulture
Community Practices
Brand Positioning
For price sensitive customers Walmart is the retailer that helps them feel “Smart” and live better as it delivers unbeatable prices and is an easy and fast one stop shopping experience.
The earlier tagline of Walmart “ALWAYS LOW PRICE” & and the new tagline “SAVE MONEY. LIVE BETTER” very well compliments its brand positioning.
Strengths Wal-Mart is a powerful retail brand.
It has a reputation for value for money, convenience and a wide range of products all in one store.
Wal-Mart has grown substantially over recent years, and has experienced global expansion.
Weaknesses
• The corporate is huge but still has presence in 27 countries • Customers sometimes are curious about the quality of
products • The market share is low outside the US market• Supplies profit margin is very low
Threats Being number one means that it is the target of
competition, locally and globally.
Being a global retailer means that it is exposed to political problems in the countries that they operate in.
Poor human relations
Opportunities New locations and store types offer Wal-Mart
opportunities to exploit market development.
Take over , merge with , or form alliances with global retailers focusing on specific market such as Europe or China
Opportunities exist for Wal-Mart to continue with its current strategy of large, supercenters.
CSR Initiatives
Renewable Energy: Building on the momentum of becoming the largest on-site green power generator in the U.S., they pledged to increase their supply of renewable energy globally by 600% by the end of 2020.
Associates: In addition to promoting about 190,000 U.S. associates in 2013, 51% of their new hires were women and 49% were people of color.
Fighting Hunger Together: Walmart and the Walmart Foundation delivered on their commitment of $2 billion in cash and in-kind giving to fight hunger in America.
Volunteerism: Collectively, their U.S. associates volunteered more than 1.8 million hours, resulting in $17 million in donations in support of local organizations in FY 2014.
Emergency preparedness: They collaborated with the United Nations Office for Disaster Risk Reduction.
References
www.Walmart.com
www.authorstream.com
www.forbes.com
www.cultbranding.com