Found this interesting, worth taking 30 seconds out of your day:
http://projects.flowingdata.com/walmart/
http://projects.flowingdata.com/walmart/
The key to Wal-marts success is in their purchasing power. They can walk into any manufacturer and be their biggest client. The problem is with the negotiation.
Example:
Acme Widget Co. : We can't sell these widgets for 22 cents, they cost us 23 cents.
Wal-Mart : If you raise the price from 27 cents to 30 cents to your other customers, you can do it. The other option is we can buy your company and put it out of business.
Example:
Acme Widget Co. : We can't sell these widgets for 22 cents, they cost us 23 cents.
Wal-Mart : If you raise the price from 27 cents to 30 cents to your other customers, you can do it. The other option is we can buy your company and put it out of business.
