Explore BrainMass

What kind of demand does Walmart's products have?

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

What kind of demand does Walmart's products have? Does it vary by season?

Also, what market segment does Walmart target?

© BrainMass Inc. brainmass.com December 20, 2018, 9:07 am ad1c9bdddf

Solution Preview

What kind of demand does walmart's products have?
- The greatest percentage of Walmart products have a very elastic demand. The company tries to keep prices low because the demand is elastic. There are many substitutes for the greatest majority of products and services that are found in a local Walmart, with only a few exceptions. Walmart realizes that because demand for their products is highly elastic, consumers will only be willing to use ...

Solution Summary

The solution discusses the kind of demand that Walmart's products have, if it varies by season, and also discusses what market segment Walmart targets.