Welcome to the 86th installment of The Wal-Mart Weekly, a column dedicated to bringing you insight, wit, facts, results, opinions, and just a bit of everything else when it comes to a very hot topic these days: Wal-Mart.
Wal-Mart Stores Inc. (NYSE: WMT) recently unveiled a "fan website" of sorts. You know, the kind where raving customers and ardent fanatics of the world's biggest retailer can tell tales on how Wal-Mart saved their families with low prices and having everything under one roof.
Wal-Mart's critics are much more vocal about the retailer, however. From harping on about low-paying jobs to low-quality goods to employee treatment, it's not a rare event for Wal-Mart to be grilled on something 365 days a year. Regardless of any emotional or logical criticism about the retailer, the end-of-the-day results for Wal-Mart come packaged in how many customers it services consistently come back to shop. Let's take a look at that, shall we?
Customers who love Wal-Mart
Whether you're a critic or not, there are scores of consumers who absolutely, unequivocally cannot live their lives without the assistance of Wal-Mart. There are more than a dozen families I've talked to in recent years whose entire economic lives revolve around the retailer. Groceries, tires, DVDs, telephones, cellphones, televisions, clothes, baby needs and shoes are just a few of the common product categories I hear about that customers use in explaining why shopping at Wal-Mart is so advantageous.
Wal-Mart has not turned a deaf ear to these fans. In fact, it has created a complete fan base community that unites these customers in "support groups" of sorts. Ernest Kirschner, a 61-year-old business owner, even indicated that he "would stick up for Wal-Mart as strong as I can." Pretty strong words. So, instead of remaining silent on the sidelines as critics and watchdogs continue to tear it down, Wal-Mart is recruiting its own positive watchdogs as a combative measure.
Wal-Mart CAN
The way to every critic's heart is to supply an ample response, and from what I've seen, Wal-Mart's attempt here is admirable. It's not a fully-developed tool yet, but it's a good start. The Wal-Mart Customer Action Network, or CAN, isn't about getting more feet into stores and more dollars onto each ticket. It's about enlisting consumer fans into supporting the retailer's expansion plans and helping it gain a real customer voice that protrudes beyond the standard corporate line of growth by opening more stores.
In fact, some customers don't really like the fact that there is no Wal-Mart Supercenter in their area. In many cases, Wal-Mart's attempt to enter some markets has been soundly defeated by activist groups and city/regional governments who fear the dangers from a big-box retail store entering the area, but who don't appear to give the opposite position the fairest shake.
Membership in Wal-Mart's CAN is free of charge and the retailer actually launched a recruiting drive this past summer with booths outside its stores. Recently, customers have definitely been voting with their wallets, pushing Wal-Mart sales up and up in the face of an incredibly challenging economy. While other retailers are having panic attacks amid the economic carnage, Wal-Mart is only supplying light words to tell the market that future results may be somewhat lower than the year-ago period (the typical growth measurement).
In this economy
Due to the fact that the U.S. is Wal-Mart's largest consumer market and the economy here is in freak-out mode, it's no surprise that more and more customers are lining up to hide under Wal-Mart's retail umbrella. So, Wal-Mart, an idea: use this leverage to really launch CAN into the hearts and minds of every consumer possible that crosses your doorstep.
It's true that many millions of consumers may return to their favorite retail haunt once the scare goes away (if that even happens), but for right now, you've grasped a very captive audience. Not reaching out to that audience -- one that comes to you directly as well -- is shooting yourself in the foot. Really promote CAN and give your supporters the numbers and tools they need to fight the constant opposition you face from every corner of the boxing ring.
You have over 2,600 Wal-Mart Supercenters with another 166 set to open next year. Yes, that's a decreased number from earlier estimates, but you literally have a built-in audience of millions. You have billions of plastic bags going out the door every day. Advertise CAN on them!
Whether you're a Wal-Mart fan or critic, it's always good to see both sides of the issue presented as forcefully and balanced as possible. Americans love a good fight and have the capability to make sound decisions when presented with facts. But, Wal-Mart, grassroots marketing is something that just doesn't happen with yard fertilizer. It's your time to counter the opposition and shine, but it won't be nearly as successful without some effort.
Join me here next Friday for a Black Friday edition of the Wal-Mart Weekly. I'll be tearing apart the company's holiday sales specials and will visit some local locations to take a toll of traffic counts. Until then, have a safe week!











Reader Comments (Page 1 of 1)
11-25-2008 @ 1:08AM
Jessy Scholl said...
While I do promote and even encourage fan sites or fan clubs, there is something wrong when a organization has to create a fan site or club itself. Of course I am not talking about The Mickey Mouse Club. That show was created because Walt Disney knew that Mickey was very popular and a TV show based on that popularity was a natural extension for the company. But the point is that most fan clubs or sites are created by the fans of TV shows, Radio shows, teams, or players on a certain team. There are even fan sites for dead stores such as Ames which closed its doors in 2002. The Wal-Mart site may be a place for fans to gather, but it isn't a true club at all.
11-25-2008 @ 2:46PM
Roudy-RoudMan said...
With all the big stores having so much "see fine print" at the bottom of their ads that us older people sometimes miss (like my Mother) that is totally different from the main ad then its refreshing to see customers praise any company for a job well done. It just so happens that Wal-Mart still has integrity weather you believe it or not when compared to the other retailers overall.I will give examples of this later on a personal level if necessary. I stand by this for now.
11-27-2008 @ 5:02AM
Menswear101 said...
Wal-Mart is one of the biggest retailers in the world! I for one would love a fan club! I love working there!
11-29-2008 @ 3:19AM
America said...
Fan club. That's nothing compared to having a dissalution with a spouse or date of a Wal-mart co-manager or manager.For any or no reason the thousands of employees will portray to you the stink eye from hell forever more. Add 5,000 a day of comments to the public and you may wish you were never born. Community contributions add yet another strong force to the additional power of resentment. If you think that you are a loving, giving, religious person, try it, it just may bring the enlightenment of power in your life to a whole new dimension.
12-09-2008 @ 9:45PM
john said...
I HATE WALMART.walmart are theives.there check cashing practices are checks with or without proper id,S you can cash stolen checks with no problems it is a crime