Question

Walmart and Amazon Duke It Out for E-commerce Supremacy. Pages 411-413. Select and answer only ONE Case Study Discussion Question.

10-16 compare walmart and amazon's business models and business strategies

Answer 1

Answer:-

E-commerce (electronic commerce or EC) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business. The terms e-commerce and e-business are often used interchangeably. The term e-mail is also sometimes used in reference to transactional processes for online shopping.

After Walmart released its 2016 annual report last spring, there was concern that the world’s largest retailer was struggling to attract online shoppers in an environment where Amazon’s e-retail business is a gold standard. Just about 10 months and three acquisitions later, Wal-Mart’s fourth-quarter earnings report (which includes Nov.-Dec. 2016 and Jan. 2017) shows that its efforts to strengthen online sales are proving effective.

Since August 2016, Walmart has acquired e-retail sites Jet.com, ShoeBuy.com, and Moosejaw.com, which positioned the company for strong fourth-quarter e-commerce growth. Online sales at US Walmart stores—which include sales from Jet.com—grew 29% since the same quarter in the previous year. (Because ShoeBuy.com and Moosejaw.com were acquired in 2017, their contribution to Wal-Mart’s e-commerce sales won’t be reflected until 2018.)

Comparing Walmart and amazons business models and business strategies:-