What made Walmart the most powerful business Empire worth $559 Billion ? : Business case study
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- เผยแพร่เมื่อ 29 ก.ค. 2021
- Samuel Moore Walton was an American businessman and entrepreneur best known for founding the retailers Walmart and Sam's Club. Wal-Mart Stores Inc. grew to be the world's largest corporation by revenue as well as the biggest private employer in the world. For a period of time, Walton was the richest man in America. In this video, we will understand how he achieved such an incredible feat.
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#thinkschool #walmart #samwalton Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.
Food for thought
How do you think Dmart is applying pricing strategies to compete in the market?
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first discounting strategy due to volumes, second dmart pays in cash with the purchase of its order as soon as the order is warehoused; cash discount, third dmart gets discount on the product to store in shelfs that are near to the entry of the stores or at convenient places lastly they open stores outside the city and mostly all stores are ownes by dmart itself some stores are still leased but they have very less rent as they are outside the city
Also majority of Dmart goods are local
MAKE A CASE STUDY ON DLF
They own the stores so they don't need to pay the rental which is one of the biggest cost of retailers like big bazaar.
Wow 😱 as usual got different perspective of thinking 🔥💯 Thankyou for your knowledge ✨🙌
Hey Ganesh people like you are moving India forward with this wonderful knowledge.If your channel was in the stock market I would buy the share right now.
Yes!!!
Right Now.
@@pn3893 lol 😂😂 kuch jyada ho gya
How'd you know that his name is Ganesh 🤔?
@@jaiprakashnt he said it in previous videos!
😹😹😹
Legends say that R.K. Damani also visited US, to study Walmart!!!
Ya it's right
Yes
Yeah he visited usa for study walmart and also took franchise of apna bazar to which he told it was a crap model
I am a science student , but I am obsessed with these case study only because of your wonderful narration bro!!! More power to you
This is the content, I pay my internet bills for!!! Crazzzyyyy man!!💪🏻
We attend Think School every Friday.
Yup more than online classes😂😂
And Tuesday too
I have worked in Pantaloons and brand factory for 3yrs and this case study feels like whole knowledge I gained from working in two different kind of stores, I also found that customer tend to visit you more if your stocks moves faster and introduce new stocks often
Happy customer + happy employees + happy investors = happy company
Its even better if all of them are delighted
And what about employer?
Employers job is to make them happy thats his job bro
@@kbshrivastav8539 thanks bro
You are right but if I put in this way Happy Employees -> Happy Customers -> Happy Business -> Happy Investors -> Happy Company
Happy Employee ? Read Walmart employee reviews on platform
These are not case studies these are motivating vedios 🤩🤩 INDIA let's use this
Agree!
Yeah boii let's use this
Videos*
D Mart Already using this
Videos
Near 2030 and forward children are gonna talk about a Teacher who taught to " See the worse as The Best" 🤩😘 Ganesh we love you
I'm so fortunate that I got to work with Walmart in the early stage of my career and had a huge impact of working with Fortune No.1 company in my life. Learnt so much and understood the value of Ethics and Integrity in business operations.
What a coincidence I am currently reading "made in America"
After seeing this video I got to know How I spent money in thousands in DMART just after went to buy daily needs like Pastes and Soaps😂. At the entrance of that MART, they kept discounts on what I needed, On seeing that discount I visited the whole mart to know discounts on other things and spent a lot of money.😂 OH MY GOD. And Coming to u Ganesh brother thanks for sharing valuable content all the time and sharing more knowledge with us. Thank u once again and waiting for the next video.😊
Thanks alot bro ♥️ :)
Dude ur really making a positive impact by educating ur viewers ! Good job man really appreciate you for all ur hard work & for putting out this content !
Cheers.
Jeff Bejos identified an upcoming change in consumer behavoiur. He had the foresight of using internet in the shopping experiences. Thus he understood that people will become more comfortable on buying anything from their computers than physically visiting a general store
I love your case studies, they are well analysed and structured.
These are the answers I could not find easily in Google.
Your research and explanation skills are great! 😊
This is my first video of your channel and it was recommended to me by TH-cam.
I'm very impressed with the way you narrated the whole thing. Very impressive.
I have been following your channel for a while now and I find the content really amazing. The information, the presentation has been top notch from the first video. Keep inspiring 🙌
The way you explained all of the scenario it's too good and give a good vibe that how things works if you have the will to make it happen.
What I learned today is sometimes quantity mater's than quality , and more research more things to know it's like learning from others mistakes and good things
14 Valuable minutes!! Thank you so much Ganesh. Keep it going.
I am mesmerized by the speed your channel is growing.
Oh, i forgot your content and the execution is the key. Well done bro. Got to learn a lot from you.
Your contents are so apt and useful for me. The information is so clearly explained and presented in a beautiful way. Great going bruh. You are doing great work.
Stumbled upon your channel today, the content is awesome to the extent of binge-worthy and highly informative. Thanks for making such thorough and researched videos.
I love your happiness and excitement while telling us the story ❤️
I never miss your case study . They are too informative.
You are amazing person.
You are a gentleman with brains.
As you always come with new business models.
Yayy!! A new video I really appreciate your hard work and I am excited for your new upcoming videos😍😍😍
I am a commerce student today only I learnt about principles of management and now I am watching the case study related to it so the point is now fit in my mind thank you for the wonderful case studies
For being an Entrepreneur ! You have taken Commerce !? 😁🥺
@@lsauce45 are you laughing or impressed?
Which standard are you in??
This case study was goosebumps for me. Really amazing.
We are lucky to have people like you to learn from. Wonderful explanation.
Loved the concept of Power of discounting, habit of collating best practices of all your competitors
Ganesh Ur Truly intellect like God Ganesha... love u & god bless u
You are a legend! I don't study business cases with such enthusiasm even in my MBA.
This channel has gained the trust to like the video before watching it.
One of the good thing that I came across in 2021. ❤️
Great video! My husband came from India in 1992 to work for Walmart corporate. I am so thankful he did, because we have built a wonderful life together and he still works for Walmart today. I also worked for Walmart many years ago, and actually met Sam Walton. You hear so much in the media about how awful Walmart is, but I can tell you that Walmart has been a huge blessing not just to my husband and me, but to my entire extended family. I have seven close family Members also working for Walmart, and I can tell you that Walmart does reward their employees well if you work hard. Not only that, our community has been showered with gifts to our educational system, the arts, etc. by the Walton family. Great company.
It is always good to listen to you and the way you narrate it sounds simple and good to listen (I know it is not simple or easy ) lot of hard work and data collection goes in hats off
This case study gave me goosebumps
I am a fan of your videos and a huge fan of your book recommendations. Thanks a lot for such amazing recommendations.
As usual best combination of information, practical reality, motivation and skill development secrets!!!
We don’t even realise how much knowledge we got in a 14 min video
Fantastic ...... just Fantastic. sam did his market research in a superb manner but u do too. Keep us intrigued with such more business lessons.
One of best channel, you explain in such a simple way. Thank You
I really love the style you present the content, including the thumbnails that are very simple and straight topic related.... And the best thing that I like about your content is that, you don't advertise in between the videos/including the ads that other creators put to gain more money from ad sense. but that disturbs the focus of the video...….
*You are creating amazing content, and very knowledgeable. Keep going !!**
We do endorse brands Bro. No creator can survive without that.
Never stop making these kind of videos ..keep up the good work
this is brilliant sir!love your selection of topics
Man...... The way u explain is something else... Highest level... 🙏👌
Every video of yours provides great clear and crisp knowledge about great success stories of the market thank you so much 💯
Woah Man amazing!
Most amazing channel with factual research and easy examples to understand..
Thanks Ganesh 👍
I get goosebumps with his narration!! 😇🌠Such a gem you are! 💯
♥️♥️ :)
Love the way you do research on subjects keep it up
Good one...nice to see such videos of this genre from you.the previous ones were pretty off track for me personally as a sub to your channel.
It inspire many and also check on course correction...many more to come.👍
PS: am doing my market survey now.🤐
hoping to see my study on your channel some years later😀.
I'm loving this channel moreeeee and more. Keep going man 😇
You really sharing the knowledge which is priceless... Heartily thanks for delivering such an awesome knowledge through ur TH-cam channel.... Looking forward to ur all upcoming videos eagerly..!! 😍❤️
Man it's the same in Decathlon too, I started working there 5 months ago as a part timer and I gotta say its crazy how these strategies work and push companies that follow these rules way ahead of the competition.
True 🔥🔥
No words to express my appreciation!! Keep going.. The day is not far off when this CHANNEL will Rule 😎
Again great case study. Thanks brother always waiting for your video's
AMAZING all your Videos & Unbelievable Research
I had college project and presentation about a big personality i chose Sam Walton and learnt lot about him at that time.
Placement only in IIT
Thorugh all these case studies two things were always present in success of most companies, being creative and not having rigid systems; and doing market research
Great job 👍👏 thank you for such type of case study I really enjoy your videos.
Great work Ganesh, one suggestion keep on Providing references of Books that you referred to research and make a particular topic, like u did in this video. It will be helpful for us to read that amazing knowledge in detail, by buying that book and reading it.
Absolutely amazing.. I'm binge watching your videos
I just want to say thank you. Keep up the great work.
Getting addicted to this channel for inspiring greatness 😌
Its always a bless to hear u❤
I used it as my class presentation thanks for this ☺️
Wonderful :)
Thank u sir for such ur valuable case study
I am genuinely addicted to this informative channel ❤️
India is also going through Retail revolution N I personally feel Dmart is the Walmart of India.
What about Vishal mega mart
@@gaminggeas7033 low quality products ,lack of network that R Mart and D mart has , less marketing ,dependent on lease of the business rather than ownership
@@gaminggeas7033 chai dookan he kya??
Dmart indeed is, and i guess relaince too will join in..
@@gaminggeas7033 Vishal sucks.. Cannot compete with Dmart !!
Omg your presentation and explainations are so smooth😍...
Best case studies always!
Great info! Thanks
I always enjoy your case studies... 🙏
This case study had given me some confidence ❤
Great content once again! thanks pal.
It's a great video Thank you so much and please upload the video in morning time
Proof that content is king, think school content is the best!
All videos of this channel is top notch 🙌🏻🙌🏻
Thank you for making such valuable and informative video.
You guy.... Simply...amazingly narrating...you will do wonders, one day!!!
Amazing amazing case study!!! Thank you for bringing such powerful knowledge and principles into mainstream TH-cam. Now I know where Dmart got it's inspiration from😂. But on a greater note - you are doing a great job Ganesh - keep up the good work - will be awaiting more such "gold" from your channel. 😊 Happy to know that in the era os dog videos, cat videos, reels and so on, someone out there is making content so rich and so worthwhile. More power to you!
Great case study ❤️ thank you
I have been following this channel for a while. Think School has really opened my eyes. I now believe rather than coding on platform such as leetcode, hacker rank, one should learn development and do something innovative and creative. Engineering has become a joke now.
As the world is moving towards digitalisation, coding is required to bring ideas into reality. Everyone can't become entrepreneurs, CEOs, leaders. A great company is run by quality employees who are selected wisely by the leader.
Engineering isn't a joke.The Indian engineering scene is a joke with outdated syllabus and huge numbers of low quality engineers with just the degree for namesake.
Sell software tthan making
@@ansumanmohapatra2978 CEO are sales people
@@kbshrivastav8539 You're highly mistaken.
@@ansumanmohapatra2978 satya nadella was head of cloud sales so was Arvind Krishna. Nikesh Arora chief business officer Google which is a sales post. Omid kordestani sales guy so is Tim Armstrong.
I liked all videos you made it will help for anyone to give knowledge and information i salute u sir ..Good job and more success of your channel 😊❤
This was helpful, Thanks a lot
I already read Made in America and Thank you ganesh bhai for revision.
Well thought and researched video. I learned a lot..
The only channel in which i hit like button everytime when i watch a video !
Please please please make a video on how you manage all this ,sources of ur info, what's the backend process , ur story n many more insights ❤️❤️❤️
Thank so much after so many days finnally video! ❤️ Talk about bigbazzar!
Bro you can also upload your audios to Spotify as a short smart podcasts. Content is just 🔥🔥🔥
Yes bro.. working on it.
Always insightful
Great lesson. Power of discounting
Only few youtubers or channel owners liked every comment I observed very rare,but for every single comment you mostly liked and reply great for ur patience bro💓
Thanks for your deep research and presentation 👍👍👍👍
Wow, this is so powerful.
Falling in love with your content🙌🏻❣️
Hi Ganesh, I am a big fan of your case studies.. No one literally no can beat the way you explain.
pls make a case study of Flipkart business
Powerful voice. Loved it! ❤️