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View Diary: No thanks to Walmart (145 comments)

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  •  Walmart's long time response (6+ / 0-)

    to their low prices is that "it's an indirect  pay increase to their shoppers". Well now we know where that pay increase goes!

    Knock twice, rap with your cane

    by plok on Sun Nov 24, 2013 at 06:30:40 AM PST

    •  And you don't need (2+ / 0-)
      Recommended by:
      Aunt Pat, Miira

      a doctorate in mathematics to know that doesn't add up...

      "A lie is not the other side of a story; it's just a lie."

      by happy camper on Sun Nov 24, 2013 at 06:55:15 AM PST

      [ Parent ]

    •  Walmart doesn't have low prices, they have loss (3+ / 0-)
      Recommended by:
      tb mare, TexasTom, Calamity Jean

      leaders. Prices on an item so low it leads you into the store where you are forced to walk by merchandizing so advanced that you cannot leave with only the loss leader, you are attracted to many more things you didn't know you needed, and your basket is full by the time you leave.

      Why is it easier to buy a gun than it is to register to vote in most states?

      by 88kathy on Sun Nov 24, 2013 at 07:14:56 AM PST

      [ Parent ]

      •  Loss leaders + supply induced demand = (2+ / 0-)
        Recommended by:
        88kathy, coffeetalk

        Wal-Mart sales model.

      •  I've been to Walmarts a few times... (1+ / 0-)
        Recommended by:
        Senile Goat

        ...and never have been forced to buy anything and never have bought anything I didn't need or want. In fact, I usually have left with less than I intended because they didn't carry everything I wanted.

        This is one criticism I just don't understand about Walmart. Almost every business tries to get consumers to buy their products. If a consumer has so little self control that they feel compelled to buy anything offered to them, Walmart is likely the least of that person's problems and it's hard to see how Walmart is responsible for that consumer's disability.

        In the area I live there's a lot of competition so pricing at nearby Walmarts may reflect that. However on the few occasions I've gone to Walmart I've found their prices to be among the lowest regular prices around. Sometimes other stores will put particular items on sale and beat Walmart's prices of course (for example, just yesterday, one supermarket I shop at offered "personalized" coupons on my "loyalty card" that gave me four items for free whose total regular price was over $20 - but obviously they didn't make money on that transaction and Walmart almost certainly wasn't giving away those items also).

      •  This sounds like customers are hypnotized and (2+ / 0-)
        Recommended by:
        WillR, Justanothernyer

        forced to buy things because Wal-Mart puts up attractive displays.  

        you are forced to walk by merchandizing so advanced that you cannot leave with only the loss leader,
        I've never seen "merchandizing so advanced" that you were literally require to buy something -- that you "cannot" leave without buying it.  

        I agree that Wal-Mart has a business model that gets people in the store based on certain items as loss leaders and then tries to entice people into buying other things while they are there.  But everyone who walks into Wal-Mart certainly "can" walk out without those other things.  Nobody is forced to do anything.  It's our own overly-materialistic culture, if anything, that leads people to buy things they do not need because they see them attractively displayed and want them.  Attractive displays are not unique to Wal-Mart (and, in fact, Wal-Mart's displays, the few times I've been in one, have seldom been at what I would consider the higher end of displays.  

        It's the fact that customers validate Wal-Mart's model -- they go in for a few really cheap things, and see (and want) other stuff so they buy that other stuff, too -- that reinforces Wal-Mart's business model.  In other words, Wal-Mart's business model, like those of virtually every other retailer, is driven by its customers.  If they stopped buying that other stuff simply because they walk by and see it, that would force a change in the Wal-Mart business model.  

        Again, what Wal-Mart does is driven by what its customers do.  If you want to change Wal-Mart, you have to do it through two ways: (1) change the views of the people who invest in Wal-Mart (the stockholders) and/or (2) change the practices of Wal-Mart's customers so that Wal-Mart's business model is no longer as profitable.  

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