Competitors Analysis of Walmart

Walmart is a retail chain American multinational company. Bud Walton and Sam Walton founded the retail company in 1962. The company has established a network of approximately 10586 stores in 24 countries across the globe. Today, we’ll discuss the competitors analysis of Walmart; direct, indirect, replacement, substitute, and top competitors of Walmart as competitors analysis of retail chain store brands.

Unique Facts and Points about Walmart

• Products: food, groceries, clothing, fashion, furniture, consumer electronics, household appliances, pharmacy, sportswear
• Services: Walmart-2- Walmart, online store, home delivery services
• Pricing Structure: dynamic, low-cost, and affordable
• Brand Reputation: retail chain store brand
• Marketing Strategies: in-store advertisement, philanthropic activities, charities, billboards, marketing and advertisement

Direct Competitors of Walmart

Let’s discuss the main direct competitors of the company in the Walmart competitors analysis of Retail Chain Store Brands and top competitors of Walmart; they’re as follows;

Amazon

Amazon is a technology and e-commerce American multinational company. Jeff Bezos founded the retail e-commerce and technology company in 1994. The company has established a very large retail e-commerce network in various countries across the globe.

• Products: retail e-commerce platforms, Kindle, Fire TV, OS, Tablet, Echo
• Services: Ring, Twitch, One Medical, MGM+, Amazon Prime, Pay, Luna, Inspire, Appstore, Alexa
• Pricing Structure: dynamic, market competitive, and premium
• Brand Reputation: e-commerce and technology company
• Marketing Strategies: marketing and advertisement campaigns, promotional strategy, influencers marketing, quick response strategy

Strengths and Weaknesses Comparison

Walmart and Amazon both are operating their business in the retail chain store business. Amazon has earned a unique marketing and branding position due to running various types of marketing and advertisement campaigns, quick response strategies, and promotional strategies.

Target

Target is a retail chain American multinational company. Georg Dayton, Douglas Dayton, and John Geisse founded the retail company in 1902. The company has established a network of approximately 1956 stores across the US and Canada.

• Products: clothing, fashion, electronics, household appliances, furniture, healthcare, snacks, pharmacy, gifts
• Services: forensic services
• Pricing Structure: dynamic, discounts, market competitive
• Brand Reputation: retail chain store brand
• Marketing Strategies: marketing and advertisement campaigns, philanthropic, sponsorships of sports events

Strengths and Weaknesses Comparison

Walmart and Target both are operating their business in the retail chain store business. Target has earned a unique marketing and branding position due to running various types of marketing and advertisement campaigns, engaging in philanthropic and charities, and sponsorships of mega sports events.

Indirect Competitors of Walmart

Let’s discuss the main indirect competitors of the company in the Walmart competitors analysis of Retail Chain Store Brands and top competitors of Walmart; they’re as follows;

COSTCO

COSTCO is a retail chain wholesale American multinational company. Jeffrey Brotman and James Sinegal founded the retail company in 1983. The company has established a network of approximately 876 stores in various countries across the globe.

• Products: grocery, jewelry, household appliances, electronics, software, furniture, vacuum cleaner
• Services: gas station, warehouse club, cash & carry, warehouse club
• Pricing Structure: dynamic, market competitive, affordable
• Brand Reputation: retail chain wholesale store
• Marketing Strategies: affordable pricing strategy, bundle offers, marketing and advertisements

Strengths and Weaknesses Comparison

Walmart and COSTCO both operate their business in the retail chain store business. COSTCO has earned a unique marketing and branding position due to running various types of marketing and advertisement campaigns, affordable pricing strategies, wholesale products, value-added services, and promotional strategies.

Best Buy

Best Buy is a retail chain American multinational company. James Wheeler and Richard Schulz founded the retail company in 1966. The company has established a network of approximately 1125 stores across the US and Canada.

• Products: consumer electronics, appliances, tech devices, parts and components
• Services: tech repair services
• Pricing Structure: dynamic and market-competitive pricing strategy
• Brand Reputation: consumer electronics chain store brand
• Marketing Strategies: marketing and advertisement campaigns, loyalty programs, strategic alliance

Strengths and Weaknesses Comparison

Walmart and Best Buy both are operating their business in the retail chain store business. Best Buy has earned a unique marketing and branding position due to running various types of marketing and advertisement campaigns, niche-focused strategies, loyalty programs, strategic alliances, and promotional strategies.

Substitute and Replace Competitors of Walmart

Let’s discuss the main replacement and substitute competitors of the company in the Walmart competitors analysis and top competitors of Walmart; they’re as follows;

TESCO

TESCO is a retail chain British multinational company. Jack Cohen founded the retail company in 1919. The company has established a network of approximately 4673 stores in 11 countries across the globe.

• Products: superstore, hypermarket, supermarket, convenience shop
• Services: premier, Makro, Booker, Paperchase, F&F, OneShop
• Pricing Structure: dynamic, market competitive, premium
• Brand Reputation: retail chain stores
• Marketing Strategies: marketing and advertisement campaigns, catchy ad slogans, magazines, improving customer service

Strengths and Weaknesses Comparison

Walmart and TESCO both operate their business in the retail chain store business. TESCO has earned a unique marketing and branding position due to running various types of marketing and advertisement campaigns, affordable pricing, catchy slogans, TV ads, quick response strategies, and promotional strategies.

Aldi

Aldi is a retail chain German multinational company. Theo Albrecht and Karl founded the retail company in 1946. The company has established a network of approximately 12596 stores in various countries across the globe.

• Products: groceries, consumer goods, dairy
• Pricing Structure: dynamic, market competitive, premium
• Brand Reputation: retail chain store
• Marketing Strategies: marketing and advertisement campaigns, sponsoring food programs, sustainability initiatives

Strengths and Weaknesses Comparison

Walmart and Aldi both are operating their business in the retail chain store business. Aldi has earned a unique marketing and branding position due to running various types of marketing and advertisement campaigns, a strong commitment to environmental sustainability, sponsoring food programs, and promotional strategies.

Conclusion: Walmart Competitors Analysis Example Company | Strategic Competitor Analysis of Retail Chain Store Brands |Top Competitors of Walmart

After an in-depth study of the competitors analysis of of Walmart; we have realized that Walmart is the world’s leading retail chain brand. If you are learning about the top competitors of Walmart; then you should keep in mind the abovementioned direct, indirect, replacement, and substitute competitors analysis of Retail Chain Store Brands.