A Quote by Julie Wainwright
When I started in e-commerce, there was not a lot of clutter because there were not a lot of companies. Nowadays, you have to have a pretty serious moat around your business to compete with Amazon, Wal-Mart, and even Alibaba online.
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Wal-Mart has become the whipping boy for political demagogues, unions and anti-traders. I suggest that they have the wrong target.... Wal-Mart exists and prospers because tens of millions of Americans find Wal-Mart to be a suitable source of goods and services..... unions and anti-traders should direct their outrage and condemnation at the tens of millions of Americans who shop at Wal-Mart and keep it in business.
Nobody forces you to work at Wal-Mart. Start your own business! Sell something to Wal-Mart!
You can't be in a certain business and not sell to Amazon or not sell to Wal-Mart. You have to reckon with them, because even though there are other buyers, they're the only buyers that matter.
When you look at a company like Amazon, one of the reasons that Amazon is one of the most powerful companies in the world is because we want to buy cheap stuff. If Donald Trump were to change trade laws, we couldn't buy the cheap stuff or in our Wal-Marts, they would cost a whole lot more.
Wal-Mart's size and scale is so vast they literally have the ability to change the face of the entire country. If Wal-Mart were to make a decision tomorrow to refuse to sell a single product made with partially hydrogenated oils, for example, we'd probably see rates from heart disease decline a few years later. That's how powerful Wal-Mart is.
I'm not itching to sue Amazon or Wal-Mart... they sell a lot of books. But the future is very uncertain with books.
Wal-mart started selling “Vampire Home Defense Kits”, including holy water, crosses, stakes, mallets, and a book of quick blessings to bar vampires from your door. The fact that these kits were generally useless didn't bother me nearly as much as the idea of holy water being sold at wal-mart.
Differentiate your products, provide great service and don't even think about trying to compete with Wal-Mart on Price.
Wal-Mart is like a physical version of YouTube. You can find anything you want on YouTube. It let me access millions of people online who maybe wouldn't have tried yoga. Wal-Mart carries a similar heavy weight in its ability to reach people.
Kellogg's and Campbell's moats have also shrunk due to the increased buying power of supermarkets and companies like Wal-Mart. The muscle power of Wal-Mart and Costco has increased dramatically.
The Pennsylvania Game Commission has charged a man with going deer hunting with a handgun in a Wal-Mart parking lot. He is being charged with reckless endangerment, but may plead guilty to the lesser charge of being a redneck.... Hunting in a Wal-Mart parking lot. That's got to be some good eating ? a deer that lives on leftover Twizzlers and Mountain Dew.
If Alibaba cannot become a Microsoft or Wal-Mart, I will regret it for the rest of my life.
Wal-Mart doesn't really care about your faith. Wal-Mart cares if you have money to spend, and it is going to be as generic as possible in exploiting the holiday season for every buck it can make.
I've seen articles suggesting that Wal-Mart buys at prices lower than our competitors', and that this gives Wal-Mart an unfair advantage. I don't believe it... What we hear is concern that in some circumstances, Wal-Mart may actually be paying more than our competitors.
When you compete with Wal-Mart, even if you think you've found a niche don't ever become complacent.
I LOVE WAL-MART. I CONSIDER MY JOKES TO BE VERY JEUVINILLE. STUFF A 14 YEAR OLD WOULD LAUGH AT BECAUSE THATS THE SENCE OF HUMOR I HAVE. ALL THE STUFF I TALK ABOUT MAY NOT BE APPROPRIATE FOR CHURCH GROUPS HOWEVER WAL-MART AINT SUNDAY SCHOOL. AS LONG AS I DIDNT USE OFFENSIVE FOUL LANGUAGE I KNEW ID BE FINE. WAL-MART GETS IT, THATS WHY THEY BLOW AWAY THE COMPETITION. BESIDES ITS THERE STORE THEY CAN DO WHAT THEY WANT. THATS AMERICA BABY!
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