question archive The eCommerce by Alibaba and Walmart Alicia Younes South University-Online Financial statement analysis FIN4060 07/19/2021               Alibaba and Walmart are the best-established companies in e-commerce based on the stock value and also the profits they make

The eCommerce by Alibaba and Walmart Alicia Younes South University-Online Financial statement analysis FIN4060 07/19/2021               Alibaba and Walmart are the best-established companies in e-commerce based on the stock value and also the profits they make

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The eCommerce by Alibaba and Walmart

Alicia Younes

South University-Online

Financial statement analysis

FIN4060

07/19/2021

 

 

 

 

 

 

 

Alibaba and Walmart are the best-established companies in e-commerce based on the stock value and also the profits they make. Alibaba was ranked first in the NYSR in 2021 due to the consistency in their products and the value they have for their product. The company recorded a big improvement in the sales, and they are perfectly competing in the same market with Walmart trying to control the e-commerce industry, especially during his covid 19 pandemics. One of the main characteristics of the two companies in e-commerce is that they have a positive reputation for their clients globally .they enjoy outstanding support from the customers distributed globally and their products are easier to use and utilize (Botha, 2015). They make good use of the online platform to leverage their reputation and positively increase their popularity and sales numbers. In the industry, they have managed to rely on their reputation to boost their customers base and compare favorably with others like Amazon. The other characteristic of the companies is that they have heavy traffic in the system. Every month, the companies record close to two million visits to their sites (Botha, 2015). This feature is a major attribute to the high sales and the means to have the customers base boosted. Via having their products listed on the NYSE, it is a way to market them and also a way to have an increase in the online products by making them easily visible to the potential customers. Another vital characteristic of the companies is that they have a good and appealing global presence. They have well-organized websites in various countries, and it is possible to purchase from about 200 countries in the world (Botha, 2015). They deal with very marketable products and hence have a positive result in their marketing strategies. The two companies are ranked among the best in the NYSE, and they provide a variety of products ranging from technological products to electronic gadgets.

The Alibaba company is usually committed to the act of corporate governance, same as the Walmart company. They are committed to that they are offering employment to the people on a competitive basis. They are also known to adopt creativity and innovativeness, and they are getting the best from their employees ("India: Walmart, Amazon, Alibaba, and Tencent in India: WHAT the hell is going on?," 2019). The companies are also giving back to society by finding some of the essential social projects that have improved in their reputation and also o their popularity. They are committed to the way they avail the products and the services to the customers by operating in an inline platform, and their availability is assured at any time of the day and night (Brown et al., 2006). They also have a customer care desk and self-service platform where the customers can easily air their problems. They get addressed by the human resource or the marketing department representative. The two are committed to offering services and products that are of high quality and at an affordable price.

The main competitors of the two companies are Amazon and google company Inc. They are the other two formidable competitors in the industry. There is a chance that the=if they don’t act competitively and harness their competitive advantage, they can easily be outperformed by the two companies. The amazon and the google companies have good reputations, just like Alibaba and Walmart (Brown et al., 2006). They are known to offer excellent products and service sin e-commerce and the way they have diversified their products capture most of the market aspects. They are also multinational companies with their presence in many countries. in contrast, Amazon deals majorly on electronics goods and products while Alibaba is mainly in e-commerce. Google company Inc. is known to offer online services, while Walmart is product-oriented online service delivery.

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