Walmart Presentation
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Transcript of Walmart Presentation
By: Moriah GrantJenny Zeng
Carin WiryaniAndrew SumartoJason LybiantoEmily Ramirez
Understanding What Walmart is Doing Today
2015 2013
What Were We Looking For?
We wanted to figure out how Walmart should best situate itself to be most attractive to college students.
This involved looking at:
❖demographics❖psychographics❖ location❖preferences
Objectives
➔ Identify the current demographics
➔Gain an understanding of what the barriers Wal-mart might be facing in gaining the
college consumers
➔Analyze primary and secondary competitors
➔ Identify what the environmental attributes where that most attracted college
student
➔ Identify how product quality/specificity and distribution affected college purchases
Objective 1
Identify the current demographics
➢ Take a deeper look into the types customers who shop at Walmart and who don’t.
Also, to have a better understanding of these customers.
To gain an understanding of what barriers Wal-mart might be facing in gaining college
consumers
➢ To take a closer look at what is preventing people from going to Walmart. This would
allow us to give recommendations to Walmart so that they can gain consumers.
Objective 2
Objective 3
Analyze primary and secondary competitors
➢ To identify the top competitors that Walmart has and analyze their best
practices in hopes of recommending some strategies to Walmart
Identify what the environmental attributes where that most attracted college student
➢ To first see if environmental factors even played a role in college students shopping
experience. Than to see what attributes that best stood out to college students so
that Walmart could continue to capitalize on them or make improvements
Objective 4
Identify how product quality affected college purchases
➢ To take a deeper look into how Walmart's actual products fared with college
students. This would allow us to see if Walmart is carrying the right products to
entice students
Objective 5
● More respondents - do not visit Walmart at least once a month
● Top respondents - Asians or Asian Americans ethnicity
● Inferior respondents - African American
● Others - do not visit Walmart at least once a month
● Prefer not to answer - do not visit Walmart at least once a month
Who Did We Find To Be The Current Demographic?
● 18 - 19(of all religions) - do not have Walmart near 10 mile radius compared to those who have
● 20 - 21(of all religions) - have and do not have Walmart near 10 mile radius
● Older than 21(of all religions) - have Walmart near 10 mile radius compared to those who do not
Current Demographic? (continued)
What Were The Barriers?
● Most respondents only rated “regular” for the service offered in Walmart
● It is then followed by “good” and then “poor”
● There are very few people who rated “excellent” and “very poor”
What Were The Barriers?
● Just like the previous slides, customers of Walmart generally rate “Neutral” for the quality of product
● Very few people rated extremely satisfied or even generally satisfied
Who Were The Competitors?
➢ #1. Target➢ #2. Costco
Compared to the top competitors
Walmart should work on:
-More reasonable pricing
-Parking condition
Environmental Factors
YES!
❏ the most important two age groups had an overwhelming appreciation for atmosphere
❏ more than ⅔ agreed
Question looked at
comparing your favorite store to Walmart, please rate this attribute from 1-5
Specifically looked at
age range
who said “yes” to having a walmart within a 10 mi radius
What Factors Were Important
how did product quality fare (?)
ANOVA
Highly Significant result (0.01 > P = 0.011)
Respondent’s satisfaction level regarding WalMart's product quality vs. median attitudes toward Walmart
What Was Our Conclusion?
Demographic
Mostly Asian and American Asians are likely to attend Walmart
with Whites and Hispanics following close behind
While half of 20+ age group said they do have a Walmart near them, half said they do not
Barriers
Most respondents rate services and goods provided by Walmart as regular or neutral
Very few people rated excellent or very satisfied
Conclusion (cont)
Competitors
Their top competitors were Target and Costco
Those two have done better with their pricing and parking
Environmental Factors
Walmart falls short in lighting, but is competitive within organization and friendliness
People appreciate a pleasant shopping atmosphere
Product Quality
Whether or not you have a Walmart near you, there is a general consensus that Walmart sells cheap products.
What Do We Recommend?Demographic
Gear your advertising to all races. While we did notice a strength in Asian and Asian American, they were close enough that it’s important Walmart does not alienate anyone.
Continue to grow their stores around campus locations
Barriers
Walmart’s goods and services were rated mostly neutral or regular. They need to provide better service in order to attract more customers and offer products that has better quality in order to attract more people to the store.
Recommendations (cont)
Competitors
Look into obtaining more reasonable prices
Price match with Target
Environmental Factors
Focus on leveraging organization and friendliness
Work on better lighting
Hire a company to create a more aesthetically pleasing atmosphere
adding popular music, creating a cohesive layout, add lighting, redecorate, etc