People Now Spend More at Amazon Than at Walmart
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Re: People Now Spend More at Amazon Than at Walmart
#2> Propelled in part by surging demand during the pandemic, people spent more than $610 billion on Amazon over the 12 months ending in June, according to Wall Street estimates compiled by the financial research firm FactSet. Walmart on Tuesday posted sales of $566 billion for the 12 months ending in July.
$610 billion is starting to resemble the tax revenue of some nation states.
Re: People Now Spend More at Amazon Than at Walmart
#3The article doesn't mention Walmart's website, which has become very good and widely used, especially as a more trustworthy source for real products than Amazon.com.
Also the article is worded as if Walmart is in decline- the future is bright for both of these companies, not that anyone is concerned.
Re: People Now Spend More at Amazon Than at Walmart
#4Long way to go on revenues - https://en.m.wikipedia.org/wiki/List_of_largest_companies_in...
Re: People Now Spend More at Amazon Than at Walmart
#5Long way to go on revenues - https://en.m.wikipedia.org/wiki/List_of_largest_companies_in...
According to the page those numbers refer to FY 2019 or FY 2020. Per the second paragraph of TFA for the last 12 months Amazon has an estimated 610 billion in sales (which are part of revenue), not FY aligned. This actually lines up pretty closely to just naively expanding the y/y growth rate on the page you linked over time. In reality it slightly outperformed that.
Re: People Now Spend More at Amazon Than at Walmart
#6The article doesn't mention Walmart's website, which has become very good and widely used, especially as a more trustworthy source for real products than Amazon.com. Also the article is worded as if Walmart is in decline- the future is bright for both of these companies, not that anyone is concerned.
Walmart is getting better, but still way behind on the web front. They'll show you things in stock, then tell you it's out of stock upon checkout. Go back to product page, shows in stock again. They also use way, way too many captchas. Lastly, they divide walmart.com from walmart pickup and delivery for no reason. Some things you order on the .com side are only 'shippable' if your local store has it. So, it's pickup and delivery yet doesn't show up on that side. I laughed because when I ordered a fishing rod for my child, it was literally a fishing rod leaned against my house. No box, label, etc.
I still try to use them as I trust their products more than Amazon. I love their new tool lineup, quality stuff at a decent price, with next day or 2 day delivery. I really like that for returns, they'll come pick it up. AMZ charges extra for that.
Amazon has much better CS though, hands down.
Re: People Now Spend More at Amazon Than at Walmart
#7> Propelled in part by surging demand during the pandemic, people spent more than $610 billion on Amazon over the 12 months ending in June, according to Wall Street estimates compiled by the financial research firm FactSet. Walmart on Tuesday posted sales of $566 billion for the 12 months ending in July. $610 billion is starting to resemble the tax revenue of some nation states.
$610 billion is more than the GDP of 190 out of 213 countries in the world.
https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nomi...
Re: People Now Spend More at Amazon Than at Walmart
#8The article doesn't mention Walmart's website, which has become very good and widely used, especially as a more trustworthy source for real products than Amazon.com. Also the article is worded as if Walmart is in decline- the future is bright for both of these companies, not that anyone is concerned.
WalMart does also have 3rd party sellers where you have to watch what you buy. I suppose Walmart has a broader variety of in-house sold than Amazon though.
Re: People Now Spend More at Amazon Than at Walmart
#9> Propelled in part by surging demand during the pandemic, people spent more than $610 billion on Amazon over the 12 months ending in June, according to Wall Street estimates compiled by the financial research firm FactSet. Walmart on Tuesday posted sales of $566 billion for the 12 months ending in July. $610 billion is starting to resemble the tax revenue of some nation states.
$610 billion is more than the GDP of 190 out of 213 countries in the world. https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nomi...
And some of those 190 even manage to provide healthcare to their citizens, there's no "oh they're just part time citizens, gotta be a citizen for 40 hours a week to qualify for a doctor"
Re: People Now Spend More at Amazon Than at Walmart
#10The article doesn't mention Walmart's website, which has become very good and widely used, especially as a more trustworthy source for real products than Amazon.com. Also the article is worded as if Walmart is in decline- the future is bright for both of these companies, not that anyone is concerned.
Walmart is getting better, but still way behind on the web front. They'll show you things in stock, then tell you it's out of stock upon checkout. Go back to product page, shows in stock again. They also use way, way too many captchas. Lastly, they divide walmart.com from walmart pickup and delivery for no reason. Some things you order on the .com side are only 'shippable' if your local store has it. So, it's pickup…
> they divide walmart.com from walmart pickup and delivery for no reason
I can hazard an informed guess as to why that is -- they built .com as an independent company, in order to get it off the ground faster and with less interference from the brick and mortar side.
End result: quick iteration, but now two completely separate supply chains. You'd be amazing how complicated warehousing, inventory, shipping, etc. get when you've got 2 SKUs for every item + a bunch of hacks to duct tape everything together.
And it's not trivial to reconverged them, when you're as optimized as Walmart logistics is.