Paid Advertisement

Earn up to $7500 for one sale!

Dreamstime

Welcome

Ever notice that the world is full of experts who have never actually done what they are "experts" at?

Many a business professor has never actually managed a business. Most business courses stress defining business terms but never actually teach the concepts of running a business.

This blog hopes to teach some of the terms and, at the same time, give some examples and lessons on running a business.

There will also be reviews of books on business listed here. Sometimes companies give me books to review. Regardless of where I get the book to review, I will give my honest opinion. If I was given the book to review I will always disclose that in the review.

I seek to start posting on 02 January 2012. Some of the posts will be recycled from some of my other blogs.

The reader should know that there is no one “Right Way” to conduct business that will apply in all situations. This blog is meant as a place to start. It is hoped that you will perform further research and consult professionals experienced in your particular business before making any important decisions.



20 February 2013

Walmart 101 Day One


Walmart 101
Recently I read about some e-mails that were supposedly leaked that were written by several different Walmart executives about declining sales and their resulting declining profits.

It doesn’t take a Redneck MBA to figure out what their problems are, but let’s examine a few of the problems over the next few days.

Noise
One of the first problems I find when entering a Walmart store is that the ambiance has changed. Today, one goes in and they are bombarded by noise. There is the Walmart Connect Television that greets shoppers as they enter the building and a great deal of other distractions.

As one passes down “Action Alley” they find that every other end cap has a video display advertising, hopefully but not always, what is on that display. When one is walking up the Action Alley for the freezer section, they find they have video end caps on one side of them and video displays over the freezers, too. Add to this the Walmart Radio playing in the background and you can’t even hear yourself think.
When one approaches the checkout section, they have the Walmart Connect television playing and the checkout television network playing and the Walmart radio along with managers’ walkie-talkies and announcements. There is just too much going on. Customers need to think and slowly shop. Who wants to look for that last-minute item they forgot when they already have a headache?


Feel free to let us know what you think Walmart could do to improve sales .



Disclaimer
The opinions or advice listed in this blog or website should be used as a place to start only. It is not a substitute for the use of a professional.
Please be sure to consult your attorney and/or accountant with any specific questions.
There is no one right answer to any business question that will cover all circumstances.
Please Visit McClendon Enterprises

No comments:

Post a Comment