Title | 5Cs analysis for Walmart |
---|---|
Author | Maryam Akhtar |
Course | Exploring Business |
Institution | University College Birmingham |
Pages | 2 |
File Size | 70.1 KB |
File Type | |
Total Downloads | 104 |
Total Views | 161 |
Download 5Cs analysis for Walmart PDF
Categories
Areas evaluated
Judgements
Company
Product image and branding Technology Culture Aims, vision
Walmart was founded in 1962 by Sam Walton. The company’s main focus is on the customers and offering products at the lowest prices. The company has around 11,500 stores and serves nearly 265 million customers each week in 27 countries.
Collaborators
Suppliers Stakeholders Distributors
Customers
Demographic Where, what and why they buy Pricing Frequency and quantity purchased
Walmart focuses on keeping costs low and reducing operating expenses. The business sources directly from the producers which allows it to save money. Walmart also manages its own trucks for logistics which allows the company to save on transportation costs. Walmart has a large range of different customers due to the business being the most favourite retail brand of Americans due to its low prices and the range of products it offers.
Competitors
Current and potential Market share Strengths and weaknesses of competition
The most significant competitors of Walmart in the US are The Kroger Company, Costco, Home Depot, Walgreens Boots Alliance, Target, Amazon, Best Buy, etc.
Climate
Political and environmental Financial: interest rates, exchanges rates Technology
Climate refers to the PESTLE analysis: Political – Brands like Walmart have their supply chains located globally which means that the changes in the political environment of those countries will have an impact on their supplier networks therefore resulting in cots of inventory going down. In addition, due to the US – China trade, several companies including Walmart experienced a growth in the prices of raw materials due to tariffs imposed by American government on Chinese goods.
Categories
Areas evaluated
Company
Product image and branding Technology Culture Aims, vision
Collaborators
Suppliers Stakeholders Distributors
Customers
Demographic Where, what and why they buy Pricing Frequency and quantity purchased
Competitors
Current and potential Market share Strengths and weaknesses of competition
Climate
Political and environmental Financial: interest rates, exchanges rates Technology
Judgements...