Abhijeet PratapOver the past several years, Walmart has been investing in expanding its digital capabilities to grow its strength and compete with the global ecommerce leader Amazon. The physical retail giant has been able to expand its ecommerce footprint significantly in the US over the past some years. Walmart had started investing in technology strategically a decade ago and has come a long way since then. It has been long since it acquired a huge stake in the Indian e-commerce giant Flipkart.
Who are the rivals of Coca Cola company? About The Coca-Cola Company Industry: Beverages
Founded: 1892
Headquarters: Atlanta, Georgia, USA
CEO: James Quincey
Products:
Over 500 beverage brands including: Sparkling Soft Drinks (Coca-Cola, Sprite, Fanta) Water (Dasani, smartwater) Sports Drinks (Powerade, BodyArmor) Coffee & Tea (Costa, Georgia Gold Peak) Coca Cola is among the two leading players in the soda beverages industry. It has established a large and global business that spans 190 countries and territories.
Artificial Intelligence is helping businesses and organizations achieve superior results across various domains. Generative AI is particularly creating a lot of buzz recently. In general, Generative AI or Generative Artificial Intelligence refers to a class of Artificial Intelligence that can produce new content resembling existing data. Generative AI can be used to create images, text and even music. With rapid advances in the area of LLMs (Large Language Models), generative AI can create realistic images, write engaging text and perform some even complex tasks.
Converse is unveiling its inaugural lightweight, slip-on footwear for children, known as the Chuck Taylor All Star Play Lite CX. It marks the introduction of Converse’s CX foam cushioning to a kid-friendly design. The All Star Play Lite CX shoes prioritize all-day comfort and effortless on-off functionality, which means kids will have more playtime and will spend less time lacing up.
Converse has crafted the shoes deliberately with durable, full foot coverage, so that it is versatile enough for various activities including school, playground and various outdoor adventures.
Apple announced its financial results for the first quarter of 2024 on February 02, 2024. The company posted quarterly revenue of $119.6 billion or 2% higher than the same quarter of the prior year. Its EPS diluted was $2.18 or 16% up year on year.
Apart from iPhone sales, record revenue services drove Apple’s revenue growth in the first quarter of 2024 primarily. According to Apple CEO, Tim Cook, Apple’s installed base of active devices has grown higher than 2.
HP Inc. (NYSE: HPQ) is a global technology leader and maker of PC and printing solutions for multiple customer segments. HP is operating across more than 170 countries. It makes and sells a wide range of devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and more.
HP’s 2024 Q1 revenue remained 4% lower than the same quarter of the prior year. The company experienced revenue decline in both its PC and printing segments.
Walmart Acquired Vizio for $2.3 Billion Walmart has entered into an agreement with Vizio to acquire VIZIO for $11.50 per share in cash, equating to a fully diluted equity value of approximately $2.3 billion. Vizio is a US based publicly traded company making and selling televisions, sound bars, viewer data and advertisements. In 2016, A Chinese electronics company LeEco had announced it would acquire Vizio for $2 billion, but it was blocked from acquiring Vizio as a part of a crackdown by the Chinese government on Chinese businesses acquiring foreign companies.
In a recent post, Sam’s Club Interim Chief Product Officer, Todd Garner highlighted how tech was taking the Sam’s Club shopping experience for members to a new level. The club is investing in tech to make shopping at Sam’s club more connected and personal. Todd highlighted that Sam’s Club is not adopting advanced technologies to make the Club a technologically advanced brand, but to transform shopping for the members by addressing pain points and unlocking unparalleled convenience and connection.
Psychographic segmentation involves dividing a market based on psychological and lifestyle characteristics, such as attitudes, values, interests, and behaviors. It does not focus on the observable characteristics or visible traits, but on the underlying motivations driving consumer behavior. It is why psychographic segmentation can help derive a deeper understanding of consumer behavior and develop more personalized and targeted marketing strategies and consumer experiences.
In certain scenarios, psychographic segmentation can be highly useful and also highly suitable segmentation strategy.
Inside the business model of Facebook (Meta) How Meta makes money Ever wondered how Facebook (parent company: Meta ) generates billions in net revenue each year. It is not just the world’s most advanced social media network but also one of the largest players in the digital advertising sector. Its biggest competitor in digital advertising is none other than Alphabet, the parent company of Google. The other leading competitors of the company in digital advertising include Amazon, Microsoft, Tiktok, Tencent and others.