Why Target Is Mimicking Wal-Mart’s Pricing Plan

The video discusses the competitive landscape between Amazon, Walmart, and Target, focusing on pricing strategies and market reactions. It highlights Walmart's success due to its grocery mix and online presence, while Target faces challenges with its affluent customer base and price strategy. The video also covers investor concerns and Target's digital growth.

What is the main risk for Target if it focuses too much on pricing?

• Expansion of product categories

• Improvement in product quality

• Decline in share price

• Increase in store visits

What percentage of Walmart's sales is attributed to its grocery mix?

• 60%

• 70%

• 40%

• 50%

Why might Target's strategy of targeting affluent customers be ineffective?

• Affluent customers prioritize price over quality

• Affluent customers prefer Walmart's grocery mix

• Affluent customers do not seek minor price differences

• Affluent customers are not interested in online shopping

What aspect of Target's business is growing in double digits?

• Apparel sales

• Grocery sales

• Digital sales

• In-store sales

What is a major challenge for Target in supporting its business?

• Reducing product prices

• Expanding product categories

• Increasing online sales

• Enhancing store visits