Get the PDF here: valuetainment.com/5-trillion-war-amazon-vs-walmart/
@SuperKJ7774 жыл бұрын
This guy is the best teacher I've seen. I've learned more from him than my years in college. Plus, he's a great interviewer as well. So glad I found this channel.
@Jon-gm2sn4 жыл бұрын
At least when shopping Walmart you can actually feel how terrible the products are, while with Amazon you just hope they're decent until arrival.
@johnadamski99134 жыл бұрын
The more you try to satisfy a customer the more finicky they get.
@BumbleBees774 жыл бұрын
This is why you filter it by "Average customer reviews" . Brings the best products on top instead of promoted ones or fake good ones with a ton of crappy reviews.
@ikeizham4 жыл бұрын
Exactly that’s why brick and mortar will never go away especially Walmart
@JewTube0014 жыл бұрын
yep, there's always going to be people who prefer to see and touch the product before they buy it.
@thechad62184 жыл бұрын
Being able to return Amazon products to Kohls stores kills that argument.
@norrieshow17334 жыл бұрын
You should do more of these comparisons especially at a time when people are interested in buying stocks on discount. nice video👍🏿
@garvgoyal22844 жыл бұрын
man who has the money now?
@_Wai_Wai_4 жыл бұрын
@@garvgoyal2284 probably not you.
@christinevanbeveren58994 жыл бұрын
Walmart
@cheddar26484 жыл бұрын
Self-anointed experts: "The brick and mortars are going away." Walmart: "Hold my Great Value beer."
@mergedwithgod4 жыл бұрын
Another infomative, well-rounded video. Much appreciated
@LoveMyAbeshaWomen4 жыл бұрын
I swear this channel is gold. Quality content in a few mins. I would have to watch hours and hours of TV to squeeze out a fraction of the content David puts out.
@Jcrpdx4 жыл бұрын
An amazing mind. Very inspiring to listen to.
@iliasbn5404 жыл бұрын
Keep doing what you're doing patrick... THIS IS GOLD !! love people talking about business and strategies like this
@joelferguson89774 жыл бұрын
Damn, I don’t like Walmart, but I despise Amazon. The reason does not matter here. I do not buy meat from Walmart.
@TheRealGuywithoutaMustache4 жыл бұрын
That introduction was perfect, especially analogy the David and Goliath.
@josipculjak67024 жыл бұрын
All video is perfect! 👌
@noahpolicarpio15304 жыл бұрын
Whoah didn't expect to see you here from those anime meme videos lol
@VALUETAINMENT4 жыл бұрын
Who do you think will win this war? And why?
@deuxpomme97774 жыл бұрын
I can see a resemblance of Rockefellers standard oil with Amazon and we all know how that ended
@JG-fg1ye4 жыл бұрын
Walmart if they have backing from Amazons rivals for the simple fact that Amazon decimates local economies and causes huge job losses. Shelf stackers and physical buildings need to be in the economy otherwise your town is abandoned buildings and welfare populous
@Mario-zt4lq4 жыл бұрын
Amazon definitely has the movers advantage, but with every factor you listed about Walmart and their amount of Capital, Physical locations, 2.2M employees, and the amount of allies they’ve gained from Amazon creating enemies, they can catch up pretty damn quick on the e-commerce side of the market that just keeps growing. If Wal Mart turns some of their 11,000 stores into fulfillment centers and adds 250,000 delivery drivers primarily focused on delivering groceries to customers’ houses within 30min - 1 hr, I think that’s can catapult them head or at least hugely eat away at Amazon’s lead over them.. Amazon better stay sharp, now is not the time to start getting fat on their profits, as long as they’ve held off on rewarding themselves, they knew who they were competing with when they got into this game and they better keep that respect, which I’m sure they will.. very excited to see how this unfolds
@danielwerner95434 жыл бұрын
I was afraid that some your vids would go the no substance route, but videos like this distinguish your brand. I look forward to many more!!
@rickscustom86244 жыл бұрын
I shop at Walmart online and get the box at my door in a few hours. Weird as hell. But amazing.
@StretchMoney4 жыл бұрын
That's because when you buy from Walmart dot com you are really ordering from Amazon that's why you get it so quick..
@jackiel77264 жыл бұрын
@@sandiegan3788 a lot of stuff that I bought from Amazon they are made in China.
@KrlsOtc2 жыл бұрын
That happened to me too, if the product is in a store nearby they ship it and it arrive faster than Uber eats
@manjinder264 жыл бұрын
Walmart already started in UK (ASDA)you can order and pick up in 30 min. So it will be Walmart + Google =Goomart😀
@1198922234 жыл бұрын
Lol Goomart, I love it!
@zuraiz80044 жыл бұрын
Or Walgle
@luckymanx29784 жыл бұрын
Or Wogle
@nyk33344 жыл бұрын
Walmart can’t even keep their inventory up to date. I stopped bothering.
@lel34503 жыл бұрын
GOOMART!!!!
@busymountain4 жыл бұрын
Walmart is going to eat their lunch if they adopt Amazon's model.
@_Wai_Wai_4 жыл бұрын
@tommy aronson yea, but Amazon's warehouses are almost everywhere. Plus, there are Amazon pickup locations, at Wholefoods.
@RICHARDROTHSCHLD4 жыл бұрын
Walmart is going to eat their breakfast lunch and dinner they already have 5000 fulfillment centers they can sell any one of their 35 million products they have online and have it to a store and to your house in 2 days
@busymountain4 жыл бұрын
@@RICHARDROTHSCHLD yes however people like shopping online with Amazon. Walmart. Has not done a good job with online ordering made easy like Amazon.
@anonymousanonymous96803 жыл бұрын
@@busymountain Some people do. But me personally, I like brick and not.
@SteveRam4 жыл бұрын
Our world is changing at rapid speed. Whoever dominates e-commerce and keeps up with the cultural trends will come out on top.
@EliteClinicalResearch4 жыл бұрын
I swear this is one of the best channels on KZfaq.
@suneilkumar4 жыл бұрын
I cannot believe you're at nearly 2 MILLION subscribers. I remember when you had 120k-ish and you told the world you'll have 1 million subscribers by the end of the year. I thought that was too audacious, but I appreciated you setting the bar high. Lo and behold. 1st quarter 2020 and you're about to crack TWO MILLION. Absolutely incredible man.
@WilsonExteriorCleaning4 жыл бұрын
Everyone should watch think like a grand master entrepreneur then plan your next steps according to your current situation. It's the most eye opening video... Compare up! ☝
@ShifuCareaga4 жыл бұрын
"When two tigers fight one is sure to get injured" ~Chinese proverb
@dw60154 жыл бұрын
I think it's actually "both get injurted" the message being even if you know you're a tiger, use caution because the fight will still come at a price even if you win.
@ShifuCareaga4 жыл бұрын
@@dw6015 or I am right because it is my job. ;)
@sherlynpatterson43044 жыл бұрын
The Walmart new home delivery option especially for groceries is a God send for people who are homebound because of disabilities.
@OstojaPisania4 ай бұрын
Brilliant, pure brilliant lesson on business, Pat!
@foryourinformation90304 жыл бұрын
You really dig into it! Thanx , my unofficial mentor!
@ALCRAN20104 жыл бұрын
PBD's next mafia interview will be Jeff "The Prime" Bezos.
@chimairoegbu22634 жыл бұрын
The Prime Minister woulda been better haha
@GautamKumar-sp7oq4 жыл бұрын
Your tie is fantastic..
@bonggesasangsangma7394 жыл бұрын
We want the Bizdoc. I miss him and there's only one word for this damn!!
@abuferasabdullah4 жыл бұрын
bongge sasang sangma EXACTLY, Me too 👍🏼
@johnlopez61003 жыл бұрын
Please update to include pre-mid-post Covid 19 comparisons. Great video. Very informative.
@zappyeats25793 жыл бұрын
Definitely does need an update. Very curious now that Walmart has 2 hour grocery delivery and next day delivery on many items. Throw in covid makes it very interesting
@monicaandrade77974 жыл бұрын
Man you and your team, damn, AMAZING. Thanks for the info.
@ianburns24364 жыл бұрын
As a former Wal-Mart employee and current Amazon employee I can let you in on something. Just put on your resume that you are a former Wal-Mart employee and that alone gets you into an Amazon fulfillment center. Half of our crew are former Wal-Mart employees at my fulfillment center alone. Wal-Mart over the years treated their employees like dog shit, and while Amazon will ride you hard they pay tops in the industry and have numerous of programs to help you. So many of those 650k employees at Amazon are quite familiar with the inner workings of Wal-Mart. Just at my facility alone I know a couple former store assistants.
@ianburns24364 жыл бұрын
@White Boy I didn't say Amazon was great....I said they are better than Wal-Mart though....my mother had to take Wal-Mart to court in order to get a job change and coverage for care because she hurt her knee.....There are stupid requirements for stow and yes I have told management the requirement was stupid.....both companies have outlandish expectations
@stevef40104 жыл бұрын
Give it time and it will change. Happens every time.
@daironman973nwk74 жыл бұрын
Ian Burns Amazon breaks your back for little pay that’s why they profit so much. Amazon is the modern day slave owners.
@teslyai4 жыл бұрын
@@daironman973nwk7 ...slaves didn't get paid. You know nothing about slavery. Gtfo boomer.
@sylvestregagnon56814 жыл бұрын
@@ianburns2436 i dont think wal mart, or amazon, is worst than any regular retail store. Of course they cannot always fullfill every asking of employée. Not with the number of employee they have and their thin profit marge.
@antoineormieres92554 жыл бұрын
Thank you for this amazing content! Cheers from France.
@igotallthetickets65684 жыл бұрын
Glad u got back 2 these business segments were u break down the facts the history and statistics of particular companies so we can see how your mind and these Fortune 500 companies work
@kaddywilliams39844 жыл бұрын
Great insight into both of these Majors.... I'm going to have to go with Amazon
@DavidIstre4 жыл бұрын
I've been saying for quite some time that if Wal-Mart begins using their physical stores as partial fulfillment centers and pairs that with some kind of Uber-like delivery system, they would crush Amazon because Amazon's profit margins on their products are not sustainably priced (as you pointed out, they rely heavily on AWS).
@philliao57004 жыл бұрын
Nyeeeetflix uses AWS!! Love your voice changes to not make the videos monotone
@janinewiseman75374 жыл бұрын
Hi Patrick. I love the new fresh coat of paint on your new toupe. Looks almost natural.
@dillonjohnson78334 жыл бұрын
The thing with Amazon is that it’s community based because of the reviews. I find that to be most valuable.
@Jahguaar4 жыл бұрын
Knowledge supports growth and development.
@ianwayne56974 жыл бұрын
I work for Walmart E-commerce you are right on the money. We have Online Grocery you can order your groceries + many other items online and pick them up curbside. In some stores you can have it delivered. Walmart.com also has 3rd party sellers and some Items have 1 -2 day delivery.
@DrFeelGoodDFG4 жыл бұрын
I think it will end in a stalemate. Why? Because each one is attempting to become the other. Both excel in one area and both struggle in an area in which their competitor excels. Concisely, as Shawn Michaels said to Diesel back in the day, they are best friends, but even better enemies. With heavy hitters backing Walmart for what seems to be "the lesser of two evils" reasoning, this is remarkably similar to the Bluray vs HD DVD format war that took place about 15 years ago. Sony was the main proponent of Bluray while Toshiba pushed HD DVD. It was a pretty even race for dominance until certain studios grew tired of them splitting the customer base. So a few heavy hitters (Disney, Warner Bros) decided to side with Bluray simply to guarantee a winner and end said war. However, it was a pyrrhic victory for Bluray as it never caught on as DVD did and streaming has become the format of choice for consumers. Great video and topic. Mr. Nobody from home office.
@_Abjuranax_4 жыл бұрын
It seems most new videos are bundled together as Blu-Ray and DVD combos, and sold as a premium package now. Coke and Pepsi dominate the soft drink industry, but you are a major player if you can garner even 2% of the market share against these two giants. But Walmart is still limited by its selection, and you have to give them the volume discounts that they want in order to sell your product through them. And not all manufacturers are capable of doing that. They also have a lot of shrinkage through theft in all of their stores, which affects their bottom line and profitability. But in the long run, Amazon and Walmart will be like the Democrats and Republicans, catering to the public for the almighty votes and Dollars.
@123mcgarrigle4 жыл бұрын
It won’t ever end in a stalemate, what you think this is?
@G4eva4204 жыл бұрын
One of the best channels in KZfaq hands down, thanks Pat for the awesome content!!!
@priyabratanayak89893 жыл бұрын
very much informative video .... analysis nd research r so good ... keep doing 😊
@stevepaul97144 жыл бұрын
Well you've got my like and sub. Just quality content!
@timothyyoon76344 жыл бұрын
Amazon monopolizing the whole field of the whole field.
@1bizkid4 жыл бұрын
Its Holyfield not whole field, :)
@Hackopat14 жыл бұрын
god i feel lucky to be able to watch your videos. hope i can see you in person and thank you.
@Inbal_Feuchtwanger4 жыл бұрын
YES please do more of this Patrick!! I absolutely loved this video. It reminds me of the videos you used to do with Tom Ellsworth which is why I subscribed to this channel. Maybe there are more like it and ive just missed them but I just love this format.
@JaimeDRios4 жыл бұрын
Great Job Patrick! Thank you for taking the time to show us your prospective thinking! You are such a blessing to all of us! God Bless you!
@atifmalik28654 жыл бұрын
Fantabulous facts are highlighted. Thank you ☺
@wallstreethippie39594 жыл бұрын
Pat can you make a video about the stock market closing on Monday. Would love to hear your thoughts about it. much love always Team Walmart
@risinggreen81864 жыл бұрын
Great content... Even if your not interested in the companies its a watch... Extend your perspective.
@solomonromero17034 жыл бұрын
Valuetainment is on its way up- thanks for the knowledge- it’s priceless.
@alexandervalladares25013 жыл бұрын
Pat your videos are absolutely AMAZING... Thank you 2020
@emon77883 жыл бұрын
01776477139 Brother I want to work online I can work for Amazon Walmart I can be given a store
@beetee42954 жыл бұрын
Want knowledge you can use, you came to the right place. Thanks once again Patrick. You are amazing!
@tycoonaffiliates98354 жыл бұрын
This is opportunity to start your own while these two monsters fight. You sit and take notes and excute. For me it is anyones game at this point. I don't use Amazon and I rarely shop at Walmart.
@srijanar4 жыл бұрын
What an articulation .. love ur speech delivery!!
@harshvardhansharma70814 жыл бұрын
Patrick is the best guy when it comes to putting numbers out there. I want to learn from him man..
@truedreams14 жыл бұрын
I love the blackboard.
@beachboardfan95444 жыл бұрын
Ooo that 11500 fulfillment center bit got me interested! Online grocery order delivered in an hour or so, would be wild!
@felixmak47273 жыл бұрын
The 6-stripe icon for Walmart is like the Sun, while the smiley arrow from A to Z for Amazon is like the crescent shaped Moon. Sun & Moon
@liveforthelordbeforeitisto51414 жыл бұрын
You were in the Flow on this one, great job PBD!
@KuzzatAltay4 жыл бұрын
Thank you!
@i1pro4 жыл бұрын
*Jeff Bezos favorite book:* 'Sam Walton: Made in America' by Sam Walton founder of Walmart 😉
@felipeguimaraes13594 жыл бұрын
It's an awesome and very inspiring book!
@bitcoinv97964 жыл бұрын
David thank you for the free content.. God bless brother
@wadewilson19734 жыл бұрын
Hell of a fight. I'm still picking amazon- they USUALLY beat out any other stores with their pricing
@CrosbyTheNomadNurse4 жыл бұрын
Don’t forget about pharmacy and healthcare! Both are vying for that market share as well.
@gracemorganspeaks4 жыл бұрын
Whoever is reading this and you feel lost, heart broken, confused and betrayed. You can rise up again. Dont focus on the past focus on what's a head of you. You will overcome
@PunishedBriggs4 жыл бұрын
I always start freaking out when someone says Alexa on youtube, lmao.
@oceanwavesES4 жыл бұрын
this is my first video that I see of yours and I'm hooked. I love your energy ⚡️
@morebass66444 жыл бұрын
It's more convenient to shop at Walmart and get what you need the same day. BUT alot times people choose Amazon or even Ebay because of Prices.
@sammyjus4 жыл бұрын
You're more than a good teacher, kudos sir.
@A10-M4 жыл бұрын
Wow 😳🤯🤯🤯🔥🔥🔥🧠🧠 Muchas Gracias Por El Video Patrick
@saisrikargollamudi78924 жыл бұрын
Make aws vs azure
@ifeelfantastic89564 жыл бұрын
Now with this haircut, David could've interviewed don corleone.
@jonathano5034 жыл бұрын
Maron inc Why the hell is your avatar a creepy robot doll?
@johnheathalin73974 жыл бұрын
Pat, I loved the video, it will be good, if you do more video such as this and it would be good if you detail about companies backing each other in these wars
@stephanembany70354 жыл бұрын
We need more of theses videos 😊
@kingkang68774 жыл бұрын
Walmart near me (PA suburbs) are always always packed
@larrymorgan7474 жыл бұрын
Great video long time I didnt tune into pat
@ebejale4 жыл бұрын
Impressive videos. You do your research well
@brandongott42244 жыл бұрын
Walmart can soon be a game changer once it gets rid of cashiers. If people can check out with their phones in Walmart just like Sams it will blow away competiion. Walmart struggles with customer service and convenience will trump it. They just need to flip the switch and trust the customers.
@j.a.68664 жыл бұрын
Brandon Gott What do you mean by “pay with their phones”? As in, with a QR code or electronic debit card at a self check out stand, or as in the way “Amazon Go” stores work? I’ve never been to a sams club... trying to understand.
@brandongott42244 жыл бұрын
Sams club has an app for your phone. It’s called Scan & Go. For the past 2 years I’ve been using it. You simply scan the barcode on any item and pay via your phone. When you walk out the door a greeter scans a QR code on your phone and you are all done. No need to use a register.
@j.a.68664 жыл бұрын
Brandon Gott Wow! Game changer if Walmart implements.
@stevef40104 жыл бұрын
@@j.a.6866 Macys has it too.
@brandongott42244 жыл бұрын
J. A. The fear is theft. They even installed turn styles when you enter the store. Once they figure out how to make it seamless it will happen. In the meantime they already do pick up orders and deliveries here in KC.
@samapata4 жыл бұрын
Amazon should pay 💰 you for wearing orange tie that matches the orange ‘chalk’.
@EZINVA4 жыл бұрын
I'm going with Amazon just because I want to see a drone deliver packages to my front door LOL
@ayushtiwari88706 ай бұрын
good video and good research
@willykitheka76184 жыл бұрын
I really enjoy your presentations! Thank you!
@dhruvsuman55444 жыл бұрын
Patrick make more these type of videos
@jaisonstanley4 жыл бұрын
Awesome Stats Pat, Lessons to learn
@amareshsat3 жыл бұрын
Great analysis and some of the crucial points shared.. the enemy part is what I always felt and goes inline with what Satya Nadella said "They compete in business with their own AWS customers.." so that is what I think is conflict of interest what Amazon is creating by getting into every business.
@silviorojas77564 жыл бұрын
Hi Pat, increadible video - thank you very much! It will be interesting to add some of the backgroud of diapers.com and Marc Lore, than Jet.com. I think there is somenthing interesting there.
@deborahballard41313 жыл бұрын
I have to say that was amazing video!
@thecosfolteam4 жыл бұрын
Great vid Pat!
@falloutboy22824 жыл бұрын
Wallmart needs Patrick as mentor!
@bobbyarrows4 жыл бұрын
Wallmart is a mammoth and cant be much agile.. whereas amazon is online and can deliver diverse products to more number of people at any given time. And for wallmart most of the stores and employees are a luggage than assets. Keeping them actually pulls down their profit.. on the other hand amazon is sleek. Wallmart will not survive another decade i feel.
@steveboru1424 жыл бұрын
Thank you Patrick bet-david !!!your explaining it on point👌
@SweetTater4 жыл бұрын
I think there is a place for both of them. I've used the Walmart grocery app, and being handicapped, it really made a difference in my life to drive up and have someone to have shopped and load my groceries in the car for me. They picked out beautiful chicken cutlets and very fresh breads and produce. Amazon sells certain items in bulk and I do appreciate the savings, as well as the (mostly) 2 day delivery. If I need something right away, I go out and get it. I have use for both stores. Thanks for the video.
@prasadaura4 жыл бұрын
What great comparison video
@creatingdigitalassets4 жыл бұрын
Love your videos! Shared on Twitter.
@ZacharyLaid4 жыл бұрын
*BlackBerry vs Apple; the rest is history.*
@levelinguponthenarrowpath4 жыл бұрын
Yea it's sad, blackberry is better
@Mnguyen924 жыл бұрын
One has better marketing
@gilllafleur82424 жыл бұрын
Clearly BlackBerry picked the wrong fruit 😜
@filianablanxart83054 жыл бұрын
@Delta Fox VHS won because back when blank video tapes cost $20-30 each , people could fit 3 movies on one tape vs 2 despite the lower picture quality .
@ReyMend0za4 жыл бұрын
@@gilllafleur8242 haha... Apple's keep the doctor away
@franksh20234 жыл бұрын
As always great explanation, Thanks for sharing.
@advantagelearningacademy38024 жыл бұрын
Competition breeds innovation
@Grumpyfrump4 жыл бұрын
I was surprised to hear online retail sales are only 10% of all retail sales.