Everything You Must Know About the Business Model of Walmart: World's Largest Retail Giant

Finance Tech Brief By HackerNoon

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Let’s learn about the business model of Walmart. How did the world's largest retailer provide Everyday Low Prices yet earn $ 572B as revenue for 2022? Read on.
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The Walmart business model is based on providing low prices for products and services while employing strategies such as economies of scale, everyday low prices (EDLP), price leadership, international expansion, and e-commerce. Walmart uses market basket analysis to study the economic environment and then place its products in racks sequentially.