Peep this chart, bruh:
Damn, son. When it comes to a company’s sales, it’s never good when the bar graph looks like a deescalating staircase. The deescalating staircase in this chart = trouble for Wal-Mart. Other than the 4th Quarter of 2014 (a rather strong holiday season), Wal-Mart’s e-commerce growth has slowed down BIG TIME over the past 2 years.
As I’m sure you know, Wal-Mart is the largest physical retailer in America. Believe it or not, Wal-Mart is also the 2nd-largest online-retailer in the entire world. Unfortunately that doesn’t mean much when you are trying to bang with the big boys. Actually, I should say “bang with the big BOY”. There is only one true e-commerce bossanova that stunts on everyone: Amazon.
Peep this chart showing Amazon sales figures over the past 10 years. Sadly I couldn’t find another chart showing Amazon’s sales growth in percentages, as the Wal-Mart chart above shows (and it’s too damn late for me to make one myself). But as you can see below, Amazon sales have grown at almost the same rate that Wal-Mart sales have decreased.
Here’s some dope quotes from the following links. READ UP FAM:
“By the end of 2015, Amazon’s U.S. sales will be $88 billion, a 33 percent jump from 2014’s $66 billion, estimates Macquarie analysts”
“Amazon captured 35 percent of online sales on Black Friday, according to Slyce, and 51 percent of U.S. shoppers planned to buy from Amazon this holiday season, according to a poll from Reuters/Ipsos. That number is consistent with Macquarie’s projections for 2015.”
“A stunning 25 percent of U.S. households are currently Prime members and by 2020 that number will grow to 50 percent, estimates Macquarie. Amazon likely added 7 million households as Prime members in 2015, thanks to the company’s addition of new services such as award winning original content and new streaming services.”
In reference to Wal-Mart’s failed attempts to revitalize it’s e-commerce business:
“The world’s largest retailer did everything to gin up e-commerce sales, from starting its Black Friday sales online on the morning of Thanksgiving, to turning Cyber Monday into Cyber Sunday, to having an upgraded mobile app that helped shoppers do things like alert a store they were coming in to pick up an order.”
“In e-commerce, however, Walmart is a distant challenger. The company has never broken out its Internet revenue, though in 2011, the analyst Internet Retailer estimated it to be $4.9 billion. In October, Walmart projected that global e-commerce would be $9 billion in the year ahead. Meanwhile, Amazon has been on a tear, with sales rocketing toward $100 billion annually in 2015.”