Walmart vs. Amazon 2023
Mert Damlapinar
Empowering CPGs with strategy & tech solutions in digital commerce, MarTech, AI, retail media, digital shelf. ex.L’Oreal, Mondelēz, Sabra/PepsiCo | Advisory Board, Keynote Speaker, Investor,Author | Amsterdam & New York
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Walmart unveiled a brand-new website and app design - taking retail to the next level. With clear categories for ease of use, shoppers can expect an efficient shopping experience tailored to upcoming events or holidays that will showcase products relevant for each season. In addition, searching has never been simpler due to the rows of conveniently organized results from which you can choose your desired item!
Walmart's newly-redesigned website features stunning product photos that draw customers in like never before, allowing them to explore the site with easy-to-navigate categories reminiscent of a familiar social media experience. Combining attractive visuals and an intuitive user interface, shoppers can now enjoy a modern shopping journey through Walmart offerings!
The invigorated homepage is full of vibrant imagery and live video that shines a light on their immense collection.
Walmart's new look offers an exciting prospect for third-party suppliers: the ability to showcase their products and tell their stories in a much more compelling way. This presents our Marketplace sellers with unprecedented opportunities from where they stand!
The old website vs. redesigned new website
Walmart vs. Amazon Overall Comparison
It is important to understand the differences between two of the most popular online retailers, Walmart and Amazon. Both stores offer a wide range of products at affordable prices, but there are some key differences to consider when deciding which store to use. Let's look at their prices, selection, customer service, delivery options, and advantages and disadvantages.
Product Assortment:
When it comes to selection, Amazon has a wider variety of products available, including many niche items that may be difficult to find elsewhere. However, Walmart offers a large selection of products as well, including grocery items that can be picked up in-store or delivered to your doorstep. Walmart also offers a wider range of private label products, including their own brand of electronics, clothing, and household items.
Prices:
When it comes to prices, both Walmart and Amazon offer competitive rates. However, Walmart tends to have lower prices on everyday items, while Amazon may have lower prices on specific products or during sales events. Walmart also offers a price match guarantee, which means that if you find a lower price elsewhere, they will match it.
Customer Service:
When it comes to customer service, both Walmart and Amazon have their strengths and weaknesses. Walmart has a strong reputation for its customer service, with helpful staff available in-store and online chat support. However, Amazon's customer service is also known to be reliable, with 24/7 customer support and a dedicated team for resolving any issues that may arise.
Delivery Options:
When it comes to delivery options, Amazon offers more flexibility with their Prime membership, which includes free two-day shipping on many items, as well as access to their streaming services. Walmart offers free same-day pickup for many items, as well as free delivery for orders over a certain amount. Walmart also offers a grocery delivery service, which can be a convenient option for busy families.
Ease of Use for Consumers:
When it comes to ease of use, Walmart's new homepage design stands out. The bubbly blocks and clear categories make it easy for consumers to navigate to the section they are looking for. The specific items tailored to upcoming holidays or events also make it easy for consumers to find relevant products quickly. On the other hand, Amazon's cluttered interface can be overwhelming for some users, and finding specific products can be difficult.
Sales & Discounts:
When it comes to sales, both Walmart and Amazon offer a wide range of deals and discounts. However, Walmart's new homepage design highlights the products relevant to upcoming events, holidays, or the current season, making it easy for consumers to find discounted products related to their interests. Amazon also offers a variety of sales and discounts, but they are often hidden in the cluttered interface, making them difficult to find.
Sales Conversion for Brands:
When it comes to conversion, both Walmart and Amazon have strong points. Walmart's new homepage design is optimized for conversion, with clear calls to action and relevant products displayed prominently. Amazon, on the other hand, has a well-established reputation for converting users into buyers through their seamless checkout process and suggested products based on browsing history.
Shopping Experience:
When it comes to the overall shopping experience, Walmart's new homepage design provides a cleaner and more enjoyable experience for consumers. The easy-to-navigate categories and tailored product suggestions make it easy for consumers to find what they are looking for quickly. Amazon's rich and complex interface can be overwhelming and detract from the shopping experience for not experienced users, although their personalized product suggestions and vast selection of products can be a plus for some users.
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Digital Marketing Tools and Solutions:
Both Walmart and Amazon offer a range of digital marketing tools and solutions for CPG advertisers. Amazon Advertising is a popular tool for reaching Amazon's large customer base, while Walmart Media Group (Walmart Connect) offers various advertising solutions across Walmart's digital properties, including Walmart.com and the Walmart app.
Fulfillment Operations:
Both Walmart and Amazon have made significant investments in their fulfillment operations to provide customers with fast and reliable delivery options. Amazon has a vast network of fulfillment centers and transportation partners, while Walmart has focused on expanding its pickup and delivery services, such as in-store pickup and home delivery.
Conclusion:
In conclusion, both Walmart and Amazon have made significant investments in their omnichannel business strategies, product assortments, pricing, digital marketing tools, fulfillment operations, and customer service. While Amazon has traditionally been the leader in e-commerce, Walmart's innovative omnichannel return strategy and integration of its online and offline channels position it as a strong competitor. Ultimately, the best option for a consumer will depend on their individual preferences and needs. As digital marketing professionals, it is important to understand the differences between the two retailers and leverage their respective strengths to serve our clients best.
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About Mert Damlapinar
Mert Damlapinar has been in director roles for eCommerce, digital marketing, and sales; he's currently Principal, CPG Digital Commerce Acceleration at EPAM Continuum. He holds a master's degree in Applied Business Analytics from Boston University, executive management degrees in Integrated Digital Marketing from Cornell University, and Applied Data Science and Digital Transformation from Massachusetts Institute of Technology.
He published his second book, Agile Analytics for Startups, in October 2022, and he's currently working on his 3rd book.
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1 年You make some good points, Mert Damlapinar. There are definitely advantages and disadvantages to using both.
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1 年I like how Walmart's website and app have a section for online exclusives. It's always fun to discover new products that are only available online.
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1 年The search function on Walmart's website and app is as good as #Amazon's. It's so easy to find what you're looking for.