Tag Archives: Wallmart

Deals cant be pursued with Media agency, Amazon & Wall-mart reported

Covid19 has effected retailers like never before, Publishers are preparing to pullback in advertising amid the Covid-19 pandemic. And one big shoe has already dropped: Amazon and Walmart have temporarily suspended commerce marketing deals with digital media firms such as BuzzFeed, two people familiar with the situation said.




Commerce marketing has become an increasingly important part of revenue for online publishers such as Vox Media as well as BuzzFeed. Under most deals, the media sites publish posts about shopping with links to retail websites. If people click through the posts and end up buying something, the media sites get a cut of the revenue. BuzzFeed is more exposed than other digital media firms: It got about 20% of its revenue last year from the business

Since the early days of this situation, we have worked closely with local authorities to proactively respond, ensuring we continue to serve customers while taking care of our associates and we’re following all guidelines from local officials about the operations of our buildings,” an Amazon spokesperson said. “We have implemented proactive measures to protect employees including increased cleaning at all facilities, maintaining social distance, and adding distance between drivers and customers when making deliveries


Strategic Partnership between two giants to improve Digital retail in China

 

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On June 7, Walmart China and Tencent jointly an in-depth strategic partnership in future digital retail.

It is reported that they will cooperate in the areas of shopping experience optimization, payment innovation, marketing, membership system and collaborations with WeChat Work.

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As for payment innovations, they will continue to optimize the mini-program “Walmart Scan and Pay” and create new payment scenarios including facial recognition payment. Marketing, internet-based tools including WeChat payment, mini-programs and social advertisements will be used to ensure more targeted distribution.

According to Ben Hassing, Walmart’s VP of e-commerce and technology in China, the strategic cooperation between Walmart and Tencent can integrate resources and jointly provide customers with a more convenient and reliable online-to-offline shopping experience.

Walmart entered the Chinese market 22 years ago, and in recent years, the world’s largest retail company has been striving to provide e-commerce through cooperations with Internet companies.

In March of this year, Walmart opened smart stores and partnered with Tencent to create the WeChat mini-program “Walmart Scan and Pay” where customers could scan the barcodes of the products to pay. Walmart Scan and Pay has been under trial operations for two months in selective Walmart stores in Shenzhen, and has penetrated Walmart stores in 28 cities in China. The service is expected to gradually cover more than 400 stores across China by the end of the year.

Wall-mart and Target US retail giants are directing their customers towards?

Walmart and Target keep adding features to their apps and offering customers big incentives to download them.

It seems like retailers are getting more and more aggressive in pushing people to download their apps.

Walmart (NYSE: WMT) introduced its Savings Catcher almost four years ago, encouraging people to scan their receipts and get a refund if a competitor beats its prices. It introduced Walmart Pay at the end of 2015, and around 25% of U.S. smartphone owners have tried it since. Last year, it introduced Scan & Go technology to a few dozen stores, where customers simply scan items and pay for them with their phones, and it’s slowly expanding it this year. And just last month, Walmart introduced Store Assistant, which provides item locations in stores and helps you create shopping lists.

Target (NYSE: TGT) is also pushing for more app downloads. It integrated its Cartwheel app, which provides special offers and coupons, with its main store app at the end of last year. It also outfitted its stores with bluetooth beacons to alert app users of nearby deals in stores. In December, Target introduced a payments platform in the app similar to Walmart Pay.

These features aren’t cheap to build out, and some incentives like Walmart’s Savings Catcher have ongoing costs. But Walmart, Target, and other big-box retailers can see great long-term benefits by increasing usage of their apps — not just one-time sales increases. Here are two of the biggest benefits.

Image source: Walmart

Better mobile sales conversion

It shouldn’t come as a big surprise that apps convert better than the mobile web. Apps can offer a better shopping experience than the mobile web as well as the ability to store payment information. In-app shoppers convert 21% of the time compared to just 6% for mobile-web shoppers, according to a recent report from Criteo.

That bodes well for retailers like Amazon (NASDAQ: AMZN) that have already had a lot of success getting customers to download their apps. Amazon’s app consistently ranks No. 1 or 2 in the App Store for the shopping category and in the top 20 overall, and more millennials say it’s the one app they can’t live without than any other app.

Indeed, Amazon continues to grab a larger share of online commerce as more sales shift to mobile from desktop. As Walmart and Target continue their respective pushes into online shopping, their mobile apps will play a critical role in turning shoppers into buyers.

Gathering more customer data

Perhaps even more important for Walmart, Target, and other brick-and-mortar retailers is the ability to collect customer data by connecting in-store purchases with an account.

Customer data has historically been a huge advantage for online retailers. Amazon uses data to improve sales conversions by putting the right product in front of the right customers. It can also use the data to develop private-label products, target advertisements for its ads business, and a host of other applications.

Access to shopper data is why Walmart is willing to send gift cards to customers who scan their receipts into the Walmart app for its Savings Catcher feature. The data it gathers from those receipts is far more valuable than the amount it sends out in store credit. Walmart Pay and the new Wallet feature in the Target App present another way to gather data on customers shopping in stores.

Understanding customers on an individual level will enable Walmart and Target to compete much more effectively against Amazon by leveraging their huge in-store sales to grow sales online. Walmart, for example, used its in-store shopper data to introduce Easy Reorder last summer, showing customers items they bought both online and in store. That can have a meaningful impact on online sales growth.

Taking on the giant

In online commerce, at least in the U.S., there’s Amazon, and then there’s everyone else. Walmart and Target are simply battling for second place.

That said, shareholders should expect continued investments from Walmart and Target to encourage in-store shoppers to download their respective mobile apps as a way to gather more data and convert more shoppers into buyers when they’re not in store. The mobile app is the key to a true omnichannel shopping experience, which is one key advantage brick-and-mortar stores have over Amazon.

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Check out the list of best online shopping stores 2017

In this digital age, there’s almost no reason to brave long lines and strollers at the mall. Shopping is so much better when done from the comfort of your bed! Check out our list of the very best places to find a new and latest men’s, women’s and kids wear, then just sit back while they come to you.

  1. Ali Express                                                                                                                    Launched in 2010, AliExpress.com is an online retail service made up of small businesses in China and elsewhere offering products to international online buyers. It is owned by Alibaba. AliExpress is the most visited e-commerce website in Russia and was the 10th most popular website in Brazil. It facilitates small businesses to sell to customers all over the world, and, just like Amazon, one can find almost anything for sale. It is more accurately compared to eBay, as sellers are independent, using Aliexpress as a host to sell to consumers and other businesses.

 

2.Zappos

It is an online shop having some expertise in shoes and apparel and it is known as the biggest online shoe store on the planet. It was established in 1999 by Nick Swinmurn and its base camp is situated in Las Vegas, Nevada, United States.

 

3. Boohoo.com

In the nine years since its launch, Boohoo has become one of the leading online retailers in providing trend-led fashion for those on a budget. Taking inspiration from celebrity style, Boohoo has won many awards for its price-savvy designs.

4. alibaba.com

It has some expertise in web-based business organizations which depend on the web and is the biggest online business-to-business exchanging stage on the planet particularly for independent ventures. It was established in 1999 and is headquartered in Hangzhou, China. This site is more known in China and Asia and it furnishes its clients with various highlights, for example, the capacity to look at between items, speedy checkout, secure installment entryway and quick convey of items to their homes.

5. Mr Porter

It is an online retailer that was propelled in 2011 and works in offering what is identified with men’s style including shoes, garments, and accomplices to make you an up-to-date man. You can discover items for significant fashioners, for example, Alexander McQueen and Ray Ban.

6. Etsy

It was propelled in 2005 and is situated in Brooklyn, New York City, United States. This online business site represents considerable authority in offering diverse vintage, high quality, and processing plant fabricated things that you may need, for example, apparel, adornments, workmanship, magnificence items and that’s only the tip of the iceberg. You have likewise the capacity to check top picks that are picked by other Etsy individuals like you.

7. Walmart

It is an American multinational retailer that furnishes you with all that you may need, for example, hardware, computer games, home outfitting, garments, jewelry’, toys, autos, blessings, sports and different things at great costs to address your financial plan and fulfill your issues.

8. Asos

It is the biggest online retail location in the United Kingdom that has some expertise in exhibiting everything identified with magnificence and mold including frill, men’s and ladies’ wear. It causes you to limit your hunt through making utilization of patterns and accumulation includes notwithstanding the capacity to purchase and offer pre-possessed garments through the online commercial center that is displayed to you.

9. eBay

It is a standout amongst the most well known online sale and shopping sites that can be found in the entire world. It was established in 1995 by Pierre Omidyar and is headquartered in San Jose, California, United States. It encourages you to purchase and offer diverse items which make this site advantageous for the two purchasers and dealers.

10. Amazon

It is known as the most well known and positioned as the biggest online retailer in the entire world and not simply in the United States. It was established in 1994 by Jeff Bezos and is headquartered in Seattle, Washington, United States. It began as an online bookshop and immediately broadened to offer all that you require. It gives its clients a few highlights, for example, various simple installment strategies, rebates, snappy checkout, quick conveyance and an extensive variety of things at great costs.

Jeff Bezos slipped to 2nd in the list of richest people due to her wife: Amazon

Jeff Bezos Amazon owner slipped to number 2 i. The ranking as her wife claimed quarter of the wealth after divorce, Gates took the top slot


There is hardly any new face or brand that has been added in the list of Richest Person in the World in the last decade but there is always a interesting swapping takes place among the exiting brands and more interestingly the list dominated by American Billionaires. The five richest men in the US are worth a mind-boggling combined $435.4 billion, according to the Forbes 400 ranking of 2019’s richest Americans. And all but one of them made their fortunes in the tech industry.


Reaching on top is hard, maintaining it is even more harder

Ranked in Top 10 Richest Person in the world list 2019

He used to be at first Place in 2016

  • Amancio Ortega is one of the richest men in Europe and the wealthiest retailer in the world.
  • A pioneer in fast fashion, he cofounded Inditex, known for its Zara fashion chain, with his ex-wife Rosalia Mera (d. 2013) in 1975.
  • He owns about 60% of Madrid-listed Inditex, which has 8 brands, including Massimo Dutti and Pull & Bear, and 7,500 stores around the world.
  • Ortega typically earns more than $400 million in dividends a year.
  • He has invested his dividends primarily into real estate in Madrid, Barcelona, London, Chicago, Miami and New York.

The mysterious Zara founder was briefly the world’s richest man back in 2015, Forbes reported. He bypassed the then-richest person, Bill Gates, when his net worth peaked to $80 billion as Zara’s parent company Inditex’s stock peaked. But when the stock went back down, Ortega went back to being the world’s second-richest man, a title he gained in June 2015.

Amazon owner has been swaped by Gates ever since he divroced her wife and she claimed quarter of share of amazon that result in decline of value of wealth of Bezos

Top 8 Richest Person’s in the world 2019

  • 1 Jeff Bezos.
  • 2 Bill Gates.
  • 3 Warren Buffett.
  • 4 Bernard Arnault & family.
  • 5 Carlos Slim Helu & family.
  • 6 Amancio Ortega.
  • 7 Larry Ellison.
  • 8 Mark ZuckerBerg. 

Top 10 Richest person in the world

The 5 richest men in the US have a staggering combined wealth of $435.4 billion. That’s more than 2% of America’s GDP.




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