You are on page 1of 2

Analyse Walmart market.

Have a look at the political, economic, cultural, technological and


any other contexts that might be relevant to your company and the industry your company
belongs to.

1. Political Factors:
 Stability: Austria offers a stable political environment with a well-established legal
framework, which provides a favorable business environment for Walmart's entry.
 Regulations: Walmart would need to navigate and comply with various regulations
governing business operations, including labor laws, consumer protection, and
competition laws (such as, сertain store hours, limitation of the employee's working
hours, not more than max.12 hours per day, with min.30 Minutes break).
 EU Membership: Austria's EU membership provides opportunities for Walmart to
benefit from EU policies and regulations, as well as access a larger single market.

2. Economic Factors:
 Market Size and Purchasing Power: While Austria has a relatively small population, it
has a strong purchasing power and proximity to other EU member states, presenting
opportunities for Walmart's market entry.
 Competitive Retail Sector: The retail market in Austria is highly competitive, with
established local players and international chains. Walmart would face competition
and would need to differentiate itself to gain market share.

3. Cultural Factors:
 Consumer Preferences: Austrian consumers generally prefer high-quality products
and personalized service. Walmart would need to understand and adapt to local
consumer preferences, potentially by offering a diverse range of products and
personalized shopping experiences. (Like more Bio-product, less sugar, gluten-free,
lactose-free)
 Shopping Habits: Austrians have a preference for smaller, specialized shops and local
markets. Walmart's large-scale retail model might need to be adapted to align with
these shopping habits.

4. Technological Factors:
 E-commerce: The growing adoption of e-commerce in Austria presents opportunities
for Walmart to establish a strong online presence. Developing a robust e-commerce
strategy and logistics network would be crucial for competing effectively in the digital
retail space.
 Digital Payments: Walmart would need to adapt its payment methods to align with
Austrian consumer preferences for digital payments, such as mobile payments, food
tolons (like Sodexo)
 Preserving the ecosystem: Austria is one of the leading countries in Europe in the
field of environmental policy.
5. Other Industry-specific Factors:
 Retail Market Structure: Walmart would enter a retail market dominated by
established local players, supermarket chains, discounters, and specialty stores. It
would need to carefully consider its market entry strategy and differentiation to
compete effectively.
 Sustainability and Organic Products: The increasing trend towards sustainability and
organic products in Austria should be taken into account. Walmart could align its
offerings with these preferences to appeal to environmentally conscious consumers.

You might also like