Apparently Wal-Mart, the largest retailer in the world is scared ! "What ?" You say ? Walmart usually intimidates it competitors and suppliers. Makers of goods from diapers to DVD's must cater to its whims.
Apparently, Google, a seven-year old company, in a business that seems distant is worrying Walmart. Why ? To quote the New York Time article,
* In Google, Wal-Mart sees both a technology pioneer and the seed of a threat
* The worry is that by making information available everywhere, Google might soon be able to tell Wal-Mart shoppers if better bargains are available nearby
Apparently Google's moves into other ventures, have businesses ranging from publishing to telecommunications ! Even folks in real-estate are worried...
All this may be good for consumers, but traditional businesses and corporate houses may have to rethink their marketing strategies and business models !
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