Preview

Acknowledgement

Powerful Essays
Open Document
Open Document
4851 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Acknowledgement
Table of Contents

Acknowledgement ……………………………………………………………….
Executive Summary ……………………………………………………………..
Introduction of the Case ………………………………………………….……..
History of the Case ……………………………………………………………….
SWOT Analysis ……………………………………………………………………
Strategic Marketing Objectives ………………………………………………..
Market Driven Strategy ………………………………………………………….
Competitive space Analysis ……………………………………………….......
Segmentation Of Market ………………………………………………………..
Positioning Strategy …………………………………………………………….
Product Strategy …………………………………………………………………
Pricing Strategy …………………………………………………………….........
Channel Strategy …………………………………………………………...........
Promotional Strategy ……………………………………………………………
Recommendations & Strategic Implication …………………………………
Annexures …………………………………………………………………………

Acknowledgement

I thank those individuals whose input over the study has helped me to evolve my case study report to its present form. I especially thanks to Sir Muhammad Ahmed Butt, who supported me in the whole study and provide me guidance at every single step of this case study report.
I also like to thanks to Preston University, who provide me a chance to research on Wal-Mart case study.

Almas Zaidi

Executive Summary

Even by American standards, Wal-Mart must be considered as a success story without precedent. Founded by Sam Walton in 1962 in Bentonville, Arkansas, Wal-Mart stores offered customers abroad range of goods. In its first year, Wal-Mart Stores garnered $700,000 in sales, which increased to $5.4 million in sales volume by 1974. In fiscal 1980, Wal-Mart became the youngest U.S. retail company, and the only regional retailer, to exceed $1 billion in net sales. In 2002, Wal-Mart’s revenue equaled 2.3% of U.S. gross domestic product. Wal-Mart’s key strategy lay in its Every Day Low Prices (EDLP) which it achieved through aggressive bargaining with suppliers, its efficient

You May Also Find These Documents Helpful

  • Good Essays

    Wal-Mart discount store was opened by Walton, in Rogers, Arkansas, in 1962. On October 31, 1969 the business incorporated as Wal-Mart Stores. Wal-Mart was opened with the objective of helping people save money and live better, which became Wal-Mart’s slogan: Save money. Live better. Wal-Mart has changed the way business is conducted worldwide by making a significant impact on the retail industry. Through careful study of the precedence set by Wal-Mart management, we can observe how the organization utilizes external and internal factors to affect the four functions of management: organizing, planning, leading, and controlling. A few of the internal and external factors which Wal-Mart has excelled in applying the four functions of management are globalization, technology, innovation, diversity, and ethics.…

    • 1305 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Mara 466 Wal-Mart

    • 832 Words
    • 4 Pages

    In the modern era of business operations the store founded by the Walton family in Bentonville Arkansas has grown into the largest company in the world. From its small beginnings it has grown into the behemoth of the retail industry and defined the new way of doing business worldwide. Wal-Mart’s continued success can be contributed to their business plan, distribution system, HR management, product diversity, price, and negotiating power with manufacturers. They have essentially written their own playbook on how to maximize the profitability of every store, every product and every worker.…

    • 832 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Company G develops products that improve the lives of consumers with innovative electronic technology and reliable build quality. We believe that our new Radio CD recorder does just that, it improves the lives of our consumers and gives them a product they can rely on because of our product build quality. Our product is a solution for consumers who would enjoy the convenience of having their favorite radio programming at their…

    • 3497 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Wal-Mart Research Paper

    • 700 Words
    • 3 Pages

    The first Wal-Mart store was opened on July 2nd 1962 in Rogers, Arkansas by Sam Walton, who believed that the future of retailing lay in discounting. To avoid competing head on with companies like Sears and Woolworths which dominated big cities, Walton opened stores in less populated areas that was ignored by other retailers. The stores aimed to serve customers who, up until then, had to travel long distances to save money, and to purchase daily household goods. Now they could buy the same goods cheaply at home. This positioning proved to be critical to Wal-Mart’s success in the years to come as it expanded underneath its competitors radar screens to earn substantial market size. (Farhoomand, 2005)…

    • 700 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Walmart Going Green

    • 6605 Words
    • 27 Pages

    Historically the discount shopping experience began in the mid 20th century, and in 1962 Wal-Mart helped pave the way along with other competitors such as Target and K Mart. Since then Wal-Mart has grown into one of the top retailers in the United States, and are currently in the process of trying to establish themselves into international markets. A key to Wal-Mart’s success is their competitive advantage of low prices – lower than any of their competitors in the discount retail industry.…

    • 6605 Words
    • 27 Pages
    Satisfactory Essays
  • Good Essays

    walmart case summary

    • 713 Words
    • 2 Pages

    Wal-Mart’s founder Sam Walton wanted to “bring big-city discounting to his corner of the rural American South,” offering low prices every day. The strategy was simple, sell cheap, so the company worked very hard to lower costs by buying directly from manufacturers and always increasing workers’ productivity. After Walton’s death, the company went on with an accelerated new technologies and globalization of its operations. From 1995-1999 Wal-Mart alone gained 25% of productivity of the US economy. Also, by 2004 it became the largest importer from China in the world (10% of all China’s exports.) With this huge market power, Wal-Mart was able to exert lots of power over its business partners and employees. They…

    • 713 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Who Is Sam Walton?

    • 105 Words
    • 1 Page

    It all began with Sam Walton. In summary, envisioned with the ideas “of offering lower prices and great service” Sam opened Walton’s nickel-and-dime variety store in rural Bentonville, Arkansas in 1950; by 1960, he owned 15 stores (“Our History”). Seeking more profits, Walton then took up a new strategy: build big stores in small towns, discount everything, and sell in high volume (“Sam Walton”); thereafter, he opened his first Wal-Mart store in 1962 (“Our History”). By 1992 – after taking the company public in 1970 – Wal-mart achieved one of its missions: it became the number one retailer in the U.S., operating in 1,928 stores.…

    • 105 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Although to some of us it may seem Wal-Mart is only a few years old, it is actually over forty years old. It was founded in 1962 by Oklahoma native, Sam Walton. He was known to be a very cheap man; he was always on a hunt for low prices, it was a natural lifestyle for him. He still visited his regular barber and spent no more than $5 for his haircuts, although he was ranked as America 's richest man during the 1980 's. He always found a way to save money, therefore saving his customers money and still make a profit through volume. His charisma and leadership skills helped him to keep his staff or "associates", as he called them, happy. Also, the fact that he lived his life modestly showed that he was on a crusade for the lowly consumer, as he was always looking for better deals from suppliers.…

    • 684 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Wal-Mart is of course no stranger to success. Although Sam Walton opened its doors over five decades ago, this giant organism is still proving to be a success story like no other. With net sales of 374.5 billion USD (8.6% increase on 2007 sales), the 2008 fiscal year has been a record setter for Wal-Mart. From a business perspective this mega corporation is an example hard to follow, but in the next few pages we shall see some of the elements that have brought this ultimate success story to life.…

    • 324 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Is Walmart Good or Bad

    • 432 Words
    • 2 Pages

    On May 9, 1950 Sam Walton opened Walton's 5&10 store in Bentonville, Arkansas. His idea of making a profit was very different than many others. He made sale prices lower than his competitors, thus reducing the store's profit margin. In the mid 60's Walton's changed the name of the 5 & 10 store as Wal-Mart permanently. By 1980 Wal-Mart was a billion dollar company with stores operating across 28 states. To this day, the company is still run by Sam Walton’s idea of low cost items being sold in a very high volume. Currently Wal-Mart is the one of the biggest corporations in the entire country. Maybe people believe Wal-Mart is actually hurting the consumers of America, with its low prices and imported products. Some of this may be true, but Wal-Mart offers many more positives toward the country than negatives.…

    • 432 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Walmart History Essay

    • 1951 Words
    • 8 Pages

    Wal-Mart Stores, Inc. is an international discount department store chain operating in many towns and cities in multiple countries. Wal-Mart’s founder, Samuel Walton, “decided that small-town populations would welcome, and make profitable, large discount shopping stores” (Healy 493).Therefore, he started to build the largest discount department stores and opened the first Wal-Mart discount store in Rogers, Arkansas in 1962 (Healy 493). Wal-Mart sells many different kinds of products, such as clothes, food, books, furniture, and many more. Wal-Mart has been growing very fast. “In 1979, there were 276 Wal-Mart stores in 11 states. Sales had gone from $44 million in 1970 to $1.25 billion in 1979. Wal-Mart became the fastest…

    • 1951 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Sam Walton opened the firs Walmart in 1962 in Rogers, Arkansas with the foundation being that it would offer “The Lowest Prices Anytime, Anywhere” (Walmart Corporate, 2014c), and by 1967 it had over 24 stores and $12.7 million in sales. By 1969, the company was officially incorporated and offered an initial public offering to raise funds to build a distribution center in Bentonville, Arkansas (Johnson & Mark, 2013, p. 3).…

    • 3997 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Wal-Mart Market Structure

    • 971 Words
    • 3 Pages

    When Wal-Mart Stores Inc. opened its doors to their first discount store in 1962, Sam Walton had no idea his business would take off like it has to this day. The reason for Wal-Mart's success has been their ability to create a basic structure for their very own business ecosystem. Wal-Mart came to the conclusion that if they offered a variety of well-known brands and sold them about 15% cheaper than other retailers, then this would make them a powerful force in the retail business.…

    • 971 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Acknowledgement

    • 6686 Words
    • 27 Pages

    The OMEGA radio navigation system, developed by the United States Navy for military aviation users, was approved for full implementation in 1968 and promised a true worldwide oceanic coverage capability and the ability to achieve four-mile accuracy when fixing a position. Initially, the system was to be used for navigating nuclear bombers across the North Pole to Russia. Later, it was found useful for submarines.…

    • 6686 Words
    • 27 Pages
    Good Essays
  • Satisfactory Essays

    Acknowlegdement

    • 288 Words
    • 2 Pages

    First and foremost, we would like to thank to our lecturers for this project, Dr. Lina Riza Harun and Dr. Atasha for the valuable guidance and advice. They inspired us greatly to work in this project. Their willingness to motivate us contributed tremendously to our project. Besides , we also would like to thank to the Chairman and the supervisor of Taman Desaria Sri Merpati En.Abdul Rahim and En. Abdul Hamid for enabling us to visit their offices and residential area to collect some useful information about the residential. They very helpful and give a good cooperative in providing information and not tired to entertain us. Also thanks to studio mates who were willing to share any information and provide guidance with each other. To our group mates who willingly helped us gather the necessary data and information needed for this compilation, we thank you.…

    • 288 Words
    • 2 Pages
    Satisfactory Essays

Related Topics