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What should Walmart do to respond to competitive threats and the increasing trend of online purchases?...

What should Walmart do to respond to competitive threats and the increasing trend of online purchases? Provide at least three specific recommendations, including a justification for each.

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Answer #1

Three recommendations for Walmart to respond to competitive threats and increasing trend of online purchases:

1. Improving and popularising the "store experience": If the customers are given an altogether unique store experience, walmart can attract customers to its stores.Making the experience fun and convenient should be the top priority.

2. Introducing flexi stores : Stores giving an option of adding things to their online cart and collecting them from the stores will save customers time and attract them to Walmart.

3. Adding Signature collections : Creating signature collections which are exclusively available in Walmart stores can also be a great strategy to respond to the online competition. Customers are appreciative and keen on buying exclusive products .

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