Connect with us

Hi, what are you looking for?

DOGE0.070.84%SOL19.370.72%USDC1.000.01%BNB287.900.44%AVAX15.990.06%XLM0.080.37%
USDT1.000%XRP0.392.6%BCH121.000.75%DOT5.710.16%ADA0.320.37%LTC85.290.38%
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Business

Business

Walmart Competes with Amazon’s Prime Day

To compete with Amazon’s Prime Day, Walmart is offering five days of free shipping with no minimum purchase starting on July 11.

Prime Day is a sales event for Amazon Prime members providing members with discounts on kindles, tablets, headphones, hover boards, etc. In 2015, Amazon earned more from Prime Day than on Black Friday, a sales day to finish off the season’s shopping. Amazon is expecting its next annual Prime Day sales to exceed last year.

Walmart isn’t sitting back while Amazon is making the big bucks. Following Amazon’s lead, Walmart is taking advantage of its online shoppers. Walmart wants to keep its customers from straying and attract new customers by using its online platform.

With Walmart’s declining online sales growth, Walmart wants to strengthen its e-commerce business. Walmart’s sales on their website and mobile app have decreased by ten percent from last year (seventeen percent to seven percent.

While Amazon is only targeting their Amazon Primer members, Walmart is targeting all of its customers. Walmart tackled Amazon’s initiative stating, “We believe saving money every day is better than just one, and that all customers should save, not only some.”

Walmart’s free shipping offer is an addition to the recently implemented thirty day trial of ShippingPass. ShippingPass is an unlimited shipping program that costs forty-nine dollars per year. Walmart reported that registrations for ShippingPass quadrupled since last week’s offer.

Last year, Walmart competed with Amazon’s Prime Day with a three-month sale. This time, Walmart wants to be more targeted and is aiming to offer discounts on its electronics to its furniture.


Comment Template

You May Also Like

business news and trends

Amazon Founder Jeff Bezos Wraps Up $8.5 Billion Billionaire Jeff Bezos has continued his sell-off of Amazon shares, recently disposing of another 14 million...

Business

Buyer Persona Synergy: The Power of Precision: How Tailored Buyer Personas Can Supercharge Your Sales Key Takeaways: Effective buyer personas start with a deep...

Technology

On Wednesday, Amazon.com (AMZN.O.) announced several hundred streaming and studio layoffs in an internal message as corporations continue their significant employment cuts beyond 2024....

AI

Imagine a future in which robots understand and respond to your emotions and social cues in a world where technology is not just developing...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok