2. AGENDA
History of Retail Industry
Introduction to Sam Walton
Introduction to Wal-mart
Success story of walmart
Social Media Marketing
Success features
Awards and Achievements
Successful Joint Ventures
Success mantra
3. Sam Walton did not
invent retailing, he
simply changed the
business model and
way of doing
business to make it a
much more profitable
venture.
4. HISTORY OF RETAIL INDUSTRY
The retail industry is responsible for the distribution of
finished products to the public.
Emerged in the US in the 18th century .
Developed only in those areas that had a population of above
5,000.
5. CONTD…
Supermarkets flourished in the US and Canada
after World War II.
Of the world’s top ten retail companies in terms
of total sales, six are American.
Major retail giants :- Wal-Mart, Target, Home
Depot and Tesco.
6. INTRODUCTION TO SAM WALTON
1918 1942
(Born) (Joined Military)
(completed graduation & (Took management
joined JC Penny ) of 1st variety store)
1940 1945
7. CONTD…
1945:- $20,000 (Loan) + $5,000(Own money) Purchased a
Ben Franklin, 1st variety store on Newport, Arkansas.
Purchased more “Ben Franklin” stores with the help of his
Brother, Brother-In-Law, Father-In-Law.
8. CONTD…
1962 :- Mortgaged his home and borrowed
against everything.
July2,1962:- The first true Wal-Mart opened
in Bentonville, Arkansas.
9. INTRODUCTION TO WAL-MART
1962 :- Founded by Sam Walton .
1969 :- Incorporated on October 31.
1972:- Publicly traded on the New York Stock Exchange and
raised $5 million through IPO.
10. CONTD…
Headquarters :-Bentonville, Arkansas, United
States.
CEO :- Michael J. Duke.
12. SUCCESS STORY OF WALMART
Most of the retailers ,located in urban areas, and
focused on specialty items.
Idea of opening stores in rural areas, keeping
costs low and discounting heavily .
13. KEY TO SUCCESS
Rigidly control his costs.
Used electronic scanners at the registers.
14. CONTD…
1969 :- 18 Wal-Marts in Arkansas and Missouri.
1980 :- 276 Wal-Marts were operating.
2010 :- 8,500 stores in 15 countries, under 55
different names.
15. CONTD…
Mexico as Walmex.
U K as Asda.
Japan as Seiyu.
India as Best Price.
16. CONTD…
Wal-Mart rules the Fortune
500 for the second year in a
row .
The eighth time this
decade -- beating Exxon
Mobil .
17. SOCIAL MEDIA MARKETING
Walmart Special:- They are using it for advertising.
Like , Special Offers, Discounts, New Products
available.
Walmart Giving :- It is used for the promotion of
charitable activities/foundations of walmart.
Walmart Carriers :- it is used for hiring people and
suggesting people for careers.
18. CONTD…
9,050,138 people like this page.
It is used for the promotion of its products as well
as its charitable activities.
It helps them to connect them with customers
emotionally as well.
19. CONTD…
Walmart Suppliers :- This group is for the
suppliers of Walmart . It gives them a platform to
promote their products.
Walmart Pharmacist :- It was created to connect
walmart pharmacy professionals with other
professional in the world.
20. CONTD…
Walmart Corporate Channel :-
Around 135 videos are there.
Videos of shareholders of Walmart. Their journey
as shareholder in Walmart.
Vidoes of hiring people.
Adds of Walmart in which they emotionally attach
themselves with customers.
21. SUCCESS FEATURES OF WALMART
"Fighting Hunger Together"
Donating more than 1.1 billion pounds of
food , valued at $1.75 billion;
22. CONTD…
Grants totaling $250 million to support hunger
relief organizations at the national, state and local
levels.
23. CONTD…
Mobilizing Walmart associates to help food banks
become more efficient in their operations.
24. CONTD…
Collaboration with government, food
manufacturers and other corporations to increase
impact and reach a greater number of families in
need.
25. CONTD…
Sustainability :-
To be supplied 100 percent by renewable energy;
To create zero waste;
To sell products that sustain people and the environment
26. CONTD…
Diversity:-
They believe that business wins when everyone
matters.
27. CONTD…
The true strength of diversity is unleashed when
each associate is encouraged to reach their full
potential.
This makes them a global leader in all aspects of
Diversity and Inclusion.
28. AWARDS AND ACHIEVEMENTS
"Corporate Patriotism Award”, 2004, for
supporting of U.S. service members and their
families.
29. CONTD…
“Top 25 Diversity Recruitment Programs"
, 2002, to hire and promote Latinos.
Top Organizations for Multicultural Business –
DiversityBusiness.com
30. SUCCESSFUL JOINT VENTURES
Entered Mexico with a JV
It started its international operations with its entry in
Mexico in 1991.
It formed a joint venture with Grupo Cifra SA de CV
(Cifra), a well-established retail chain in Mexico.
It fine-tune its strategies to suit the Mexican
customer.
31. CONTD…
Entered India with a JV
2006 :- It formed a joint venture with Bharti
Enterprises, Inc.
2009:- Wal-Mart started doing business in India for
the first time.
Indian Wal-Mart is a wholesale business.
32. CONTD…
Entered in Japan:-
1990 :- Real estate prices in Japan declined.
Prompting many foreign retailers to enter the
country.
Wal-Mart started exploring the Japanese market in
1997.
2002-03:- Wal-Mart-Seiyu Partnership.
33. SUCCESS MANTRA
Cutting-edge technology
A frugal corporate culture
The goal of Wal-Mart is to keep prices low on average
the customer saves 15% by shopping at Wal-Mart.
34. Most successful men have not achieved
their distinction by having some new talent
or opportunity presented to them. They have
developed the opportunity that was at hand.
Thank you