The Walmart vs Amazon infographic charts the business growth of two of the biggest corporations in the world. The world of online shopping has revolutionized the consumer experience and created massive business rivalries between existing corporations and their online counterparts. While Walmart and Amazon differ on a variety of levels, they both offer an infinite variety of overlapping products, but two wildly different shopping experiences.
This infographic from Online MBA categorizes the growth potential of both of these companies according to the following categories: market performance, products, brand performance, expansion and projected growth.
Implications - The rise of technology has changed the face of consumerism with the introduction of online shopping. The emergence of virtual shopping centers caters to a wide range of consumers who struggle to make time for shopping as well as those who do not enjoy the process. This has created large levels of competition between existing superstores and the rapidly growing virtual shopping market.
Big Business Boxing Match-Offs
The Walmart vs Amazon Infographic Compares the Two Mega-Stores
Trend Themes
1. Online Shopping Revolution - The rise of online shopping has revolutionized the consumer experience and created fierce competition between traditional superstores and online counterparts.
2. Virtual Shopping Centers - The emergence of virtual shopping centers caters to time-strapped consumers and those who dislike physical shopping, opening up disruptive innovation opportunities.
3. Rivalry Between Superstores and Online Giants - The intense competition between established superstores like Walmart and online giants like Amazon fuels the need for disruptive innovations in both sectors.
Industry Implications
1. Retail - The retail industry is experiencing a shift with the rise of online shopping and virtual shopping centers, offering opportunities for disruptive innovations in experience and convenience.
2. E-commerce - The e-commerce industry is flourishing as online shopping becomes increasingly popular, presenting opportunities for disruptive innovations in technology, logistics, and customer experience.
3. Technology - The technology industry plays a crucial role in enabling the growth of virtual shopping centers and transforming the retail landscape, creating avenues for disruptive innovations.