It's not technically correct it is correct. Do the research. Walmart is also worldwide and Amazon is also predominantly a US market.I'll just have to say this... I'm at 1 minute mark of the Walmart-AMZN vid... and him comparing Walmart with AMZN based on the fact that US people on food stamps won't buy from AMZN... (which could technically be correct) completely misses the fact that AMZN is a far more broader company in that they are covering worldwide and I assume Walmart is predominantly US...
And... why on earth would he think that low margins focussing on the poor will do better than higher margins focussing on the middle class and up....??
I'll just have to say this... I'm at 1 minute mark of the Walmart-AMZN vid... and him comparing Walmart with AMZN based on the fact that US people on food stamps won't buy from AMZN... (which could technically be correct) completely misses the fact that AMZN is a far more broader company in that they are covering worldwide and I assume Walmart is predominantly US...
And... why on earth would he think that low margins focussing on the poor will do better than higher margins focussing on the middle class and up....??