Will Walmart & Google Convince Consumers To Order By Voice?
Wal-mart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Wal-mart U.S., Wal-mart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, apparel stores, drug stores, convenience stores, and membership-only warehouse clubs; and retail Websites. Walmart shoppers can now order groceries, by simply instructing the Google voice assistant. The new feature will give flexibility to the customers to order at home or from their smartphones while on the go. The feature will be available on devices including iPhones and JBL portable speakers. The alliance between Walmart and Google started in August 2017 however, Walmart had withdrawn from Google’s shopping platform earlier this year. According to research by consultant Bain & Co, only 4% of the shoppers use voice assistance for grocery shopping, this makes the new feature a little delicate to take off to its full potential. To learn more about Walmart (WMT) and to continue to track its progress please visit the Vista Partners Walmart Coverage Page. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. Stay Informed! Stay Competitive! Join us at Vista Partners! It’s FREE to receive email updates.