2021/07/12

Why Walmart Stores Inc Is Playing Better Than Others?

The company Walmart began working in 1962, and it got successful in the leadership of Sam Walton. The company is working for decades and serving its customers in many fields of life. Their motive is to make the lives better for their customers. 

Today we will do a case study of why Wallmart Stores Inc is playing better than the other companies.

 

Why Walmart Stores Inc Is Playing Better Than Others?

Some Words About Sam Walton:

Walmart was the goal of Sam Walton. Sam’s leadership and principles made this company more successful than the others that were working. It has been more than 50 years, Walmart has maintained its position in this business world. It is working till now because its basis was strong.

 

When Was First WallMart Opened?

Sam Walton opened the first Walmart store at the age of 44 in Rogers, Arkansas, in 1962.

 

What Competitors Of The WallMart Did?

When the company grew a lot in 1970, the competitors started giving low prices for their services. They were thinking that the low prices are the only secret of the success of Walmart. These were not only the low prices that made Wallmart successful. But a good customer service offered by them to customers.

 

Sam’s Partners:

Sam truly believed in his partners. He thought that what Walmart was, just because of his partners.

Sam once said:

“If we work together, we’ll lower the cost of living for everyone…we will give the world an opportunity to see what it's like to save and have a better life.”

 

Weakness In Other Businesses:

The weak point of a lot of businesses is that they are not taking care of people. They lack good customer service. Their main goal is to achieve more money, but they forget that customer service is the only secret to run a successful business. 

Related: Top Truths That Will Make Or Break Your Business Goals:

No comments:

Post a Comment

Please don't enter any spam link in the comment box.