Competition Is Great

Looks like the giant retailer Walmart can learn from online retailing giant Amazon.

Walmart has begun a pilot program of having people order groceries, sundries, and cleaning supplies online and then having them having them delivered to their customers' door. Sort of a throwback to the days when the local grocer or meat market would deliver.

Walmart apparently is concerned about losing market share to Amazon which now stocks a fairly complete line of nonperishable items and can deliver them to your door in as little as overnight. Walmart is also seeing competitonm from other local discount stores and online retailers.

We'll have to see how this pilot program - currently available just in San Jose, CA - works out and if it expands. Don't know how Walmart will control its costs for fuel and delivery, but it makes the grocery wars interesting.

This is why competition and free enterprise are the best market system in the world.

 

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Steve Hoffacker - Consultant, Coach, Author, Blogger, Photographer, Motivator, Teacher, & Strategist - for Realtors, Real Estate Sales Professionals, Home Builders, New Home Salespeople, Entrepreneurs, Small Business Owners, and Independent Sales Representatives.

© Steve Hoffacker, 2011. All Rights Reserved.

Comments

Amazon's Prime shipping service ($75 annual fee) makes it affordable to be able to order low cost commodity products online if it is done quite often.
Mel

Posted by Gretchen & Mel Ahrens (ColumbiaGorgeFSBO.com) about 1 year ago

When I was living in Chicago during the dot-com boom a number of online grocers sprung up -- I'm quite sure they're all out of business now.  I personally never saw the need to order anything online when my local store was so convenient.

Posted by QuickFreeMLS.com -- Sarasota & Manatee Counties FL, Listings In Paradise (SaraMana Properties - QuickFreeMLS.com) about 1 year ago

Steve.. I'm laughing on this end.  Why?   Years ago we had deliveries to our doors (which is what you mentioned) now we are moving ahead with technology.. only to go back to where we started from.  We are coming full circle.

Posted by Valerie Osterhoudt, ABR ~ Cromwell, CT Real Estate ~ 860.883.8889 (Johnson Real Estate, Inc.) about 1 year ago

My thoughts on Wal-Mart becoming the next Amazon is that Wal-Mart Carries too much baggage where as Amazon came into the market with a clean slate…

Posted by Paul Henderson, Broker, Realtor® Tacoma,Gig Harbor,DuPont,HartstenePointe (RE/MAX Professionals & Four Seasons Inc.) about 1 year ago

Mel and Gretchen,

We've used it for a couple of years. Great idea.

Happy Easter. :)

Steve

Posted by Steve Hoffacker - Sales Trainer/Coach, Sales Books Author, Photographer (Hoffacker Associates LLC) about 1 year ago

SaraMana,

Sometimes the online store is cheaper - even with the shipping. Sometimes they have a brand that the local store doesn't - they have access to a larger inventory. :)

Steve

Posted by Steve Hoffacker - Sales Trainer/Coach, Sales Books Author, Photographer (Hoffacker Associates LLC) about 1 year ago

Valerie,

So true. In retail what's new was once old. Happy Easter. :)

Steve

Posted by Steve Hoffacker - Sales Trainer/Coach, Sales Books Author, Photographer (Hoffacker Associates LLC) about 1 year ago

Paul,

It sounds like Walmart is trying to compete with Amazon on a different field to achieve similar results. We'll see. :)

Steve

Posted by Steve Hoffacker - Sales Trainer/Coach, Sales Books Author, Photographer (Hoffacker Associates LLC) about 1 year ago

Very interesting, Steve.

Posted by Joshua Zargari (MJ Decorators Workshop LI staging and home decorating) about 1 year ago

Josh,

Don't know if it can catch on. :)

Steve

Posted by Steve Hoffacker - Sales Trainer/Coach, Sales Books Author, Photographer (Hoffacker Associates LLC) about 1 year ago

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