finishing the Business Model Canva

https://www.forbes.com/sites/abdoriani/2019/11/14/..

https://learn.marsdd.com/article/bottom-up-sales-forecasting-for-pre-revenue-startups/

Business Model Canvas Walmart
Key Partners
Key Activities
Value Proposition
Customer Relationship
Customer Segments
Collaborations with shipping
carriers, payment gateways, and
even other e-commerce platforms
will be critical to ensuring a
smooth shipment and payment
procedure.
The app will help with order
management, shipping
monitoring, and personalized
suggestions based on consumer
preferences and previous
purchases.
Walmart’s personalized shipping
assistant app seeks to offer
customers a convenient and
personalized shipping experience.
The software addresses the
customer’s requirement for
efficient and hassle-free shipment,
resolving the issue of timeconsuming and unreliable shipping
methods.
The app will prioritize building a
tailored and responsive client
relationship. It will include
features such as order monitoring,
real-time notifications, and
customer service to ensure a great
experience.
The app is aimed at Walmart
customers who frequently shop
online and require delivery
services.
Key Resources
Channels
The app will necessitate a strong
technological infrastructure that
includes servers, databases, and
secure payment methods.
Additionally, data analytics
capabilities will be required to
generate personalized
recommendations.
The app will be available through a
variety of channels, including
mobile devices (iOS and Android),
Walmart’s website, and possible
connection with popular chat
systems.
Cost Structure
Revenue Streams
The primary expenses will be for app development and maintenance, server hosting,
customer support, and future shipping carrier partnerships. Marketing and promotional
activities will also increase the cost structure.
The app can generate revenue through various channels, including commission fees from
shipping carriers, advertising partnerships, and potentially premium features or
subscription models for enhanced shipping options or exclusive benefits. Additionally, the
app can drive increased customer engagement and loyalty, leading to higher sales for
Walmart’s e-commerce platform.
3-2 Milestone One Submission
Southern New Hampshire University
5/24/2024
Our app is a wonderful fit with Walmart’s overarching business plan and goal of offering
customers accessible and reasonably priced goods. The app saves time and effort by customizing
the shopping experience to each customer’s preferences using cutting-edge technology and data
analytics. It’s clear from the in-depth research from earlier modules that Walmart possesses the
means and know-how necessary to deploy this app successfully. Walmart can effectively
incorporate the app into its operations and use its great brand recognition to encourage adoption
and usage thanks to its large customer base and pre-existing infrastructure. The figures are selfexplanatory. The Walmart Personalized Shopping Assistant app has the potential to greatly
increase revenue because it provides targeted specials, personalized recommendations, and a
smooth checkout process.
After analyzing the market and industry trends, we project a 50% increase in revenue in
the first year of the implementation. In addition, our project’s estimated return on investment is
quite attractive to investors and upper management. The app can provide significant returns on
investment by using user data to improve the overall shopping experience. This project’s
anticipated ROI of 65% supports its importance and its influence on Walmart’s profitability.
Walmart’s purpose is aligned with the Personalized Shopping Assistant app, which offers cost
savings, convenience, and customization to improve the overall consumer experience.
The app makes sure users can quickly and easily identify the things they need by utilizing
customer data and preferences, which promotes user pleasure and loyalty. Data from Walmart’s
investor relations pages and 10K report, which support our position, show how important digital
innovation and tailored consumer experiences are becoming to boosting profitability.
The app’s features are a perfect fit for Walmart’s long-term goals because they complement the
company’s strategic focus on e-commerce expansion and customer-centric activities. In
conclusion, by providing a smooth and customized shopping experience, the Walmart
Personalized Shopping Assistant app not only forecasts profits but also strengthens Walmart’s
goal. With significant revenue growth and an appealing return on investment, this app offers
investors and upper management a great chance to spur expansion and fortify Walmart’s position
in the competitive retail scene.
References
1. Bensoussan, B. E., & Fleisher, C. S. (2008). SWOT Analysis. In, Analysis Without
Paralysis: 10 Tools to Make Better Strategic Decisions. Upper Saddle River, NJ: Pearson
Education.: https://finance.yahoo.com/quote/WMT
2. Investor relations. (n.d.). Walmart Investor Relations – Investor
Relations. https://stock.walmart.com/home/default.aspx
3. Walmart 10k report – Yahoo search results. (n.d.). Yahoo Search – Web
Search. https://search.yahoo.com/search;_ylt=AwriiHpEZlNmMyIMuQtXNyoA;_ylc=X1
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MGslMjByZXBvcnQEdF9zdG1wAzE3MTY3NDE3MjgEdXNlX2Nhc2UD?p=walmart
+10k+report&fr=uh3_finance_vert&fr2=sa-gp-search&iscqry=