How Wal-Mart Plans to Battle Amazon

Marc Laurie, founder of jet.com, is working to enhance Walmart's e-commerce capabilities to compete with Amazon. Walmart has seen significant growth in its e-commerce sector, surpassing industry averages. Laurie has implemented strategies such as broadening marketplace selection and acquiring smaller companies to boost product offerings and talent. He applies lessons from his Amazon experience, focusing on empowering entrepreneurs. While Walmart may not unseat Amazon, it aims to create a sustainable e-commerce business, leveraging strengths in groceries and apparel.

What was the primary goal of Marc Laurie after Walmart acquired jet.com?

• To merge jet.com with Amazon

• To focus solely on physical store sales

• To help Walmart challenge Amazon's retail dominance

• To expand jet.com independently

Why did Marc Laurie focus on acquiring smaller companies for Walmart?

• To focus on luxury brands

• To reduce operational costs

• To increase product selection and hire skilled entrepreneurs

• To eliminate competition

What was one key lesson Marc Laurie took from his experience at Amazon?

• The importance of maintaining a small team

• The need to empower acquired startups

• The value of focusing on physical stores

• The necessity of reducing product variety

In which category does Walmart have a strong potential to lead against Amazon?

• Electronics

• Groceries

• Books

• Home appliances

What is the main challenge for Walmart in the e-commerce space according to the discussion?

• To create a sustainable and profitable e-commerce business alongside Amazon

• To reduce its online presence

• To completely replace Amazon

• To focus only on physical store sales