Question

Why people should go to Walmart instead of other stores?

150 words minimum please

Answer 1

Walmart is a multinational retail corporation that operates a chain of departmental stores and hypermarkets. Although the company has had a bittersweet relationship with its competitors, it is still very popular worldwide when it comes to consumer's surplus. The consumers can buy a wide range of products at lower rates all under a single roof. Following are the precise points which indicate the preference of Walmart over other stores.

1. Lower Prices: This is the basic factor which attracts customers. Walmart works on the principle of Economies of Large scale. Buying stuff from the brands in large quantities curbs down many indirect costs which would otherwise be higher in case of small retail units. This lowers the price of the product as compared to any other store.
2. High quality products: Walmart offers customers high-quality products that make them happy at prices that do the same.
3. Everything under one roof: Anything ranging from a small pin to as big as a car, Walmart provides all of them under one roof. Unlike other stores which have a limited range of products and the customers have to travel from shop to shop in search of one.
4. Customer Services: Although Walmart has often been in lines when it comes to consumer satisfaction, it provides various services to its customers which are not offered in case of other stores. Some of them are pickup and delivery services with no additional charges, free shipping with no minimum purchases [with an annual fee of $49], free returns, in-store payments via smartphones etc.
5. Personal Shoppers: This service is rare and might only be found in lavish showrooms with expensive luxurious products. But Walmart offers it too.
6. Investors' favorite: Some of the reasons due to which people prefer to invest in Walmart are; Lower prices mean power sales, better inventory management, decreasing overall expenses of the company etc.