This year, more than ever before, the retailer that wins the online sales war will likely have the edge going into next year. While most retailers take it for granted that Amazon will, once again, run away with the title, at least one big retailer is making a run at the online giant. Amazon usually takes the lead thanks to its innovative FBA scheme where independent sellers can use their existing storage and delivery facilities for a cost. This technically boosts their online sales figures. You can learn how to use this scheme yourself by taking a course, Hustle Life has reviewed a few to help you decide which would be best suited to you.

Heading into the final quarter, Walmart is surging. Online business and strong food sales are being credited with pushing Walmart past its toe-to-toe big-box rival Target. Meanwhile, Best Buy, the electronics giant that depends on a strong Q4 to make it back into the black, didn’t quite meet expectations in Q3 this year. That’s not to say they won’t, only that they will be starting from behind.

Best Buy, at least, is saying it’s not worried, blaming the two big hurricanes for its rough third quarter of 2017 while taking a glancing swipe at Apple for delaying the release of the iPhone X as another reason for sluggish sales.

The mixed bag of results has energized the market watchers who are saying Amazon is busy putting nails into the brick-and-mortar business model. Walmart isn’t having any of it. The company is not only predicting an outstanding fourth quarter, but it is also ramping up its options for online shoppers, including in-store pickup and delivery to store options for hard to find holiday gift items.

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They will need to do much more if the company wants to catch Amazon. Analysts are already predicting that Amazon will garner about half of all the growth of online sales this season. Half. On its own. Everyone else will split the rest of the growth. Walmart understands this, and the brick-and-mortar company with the deepest pockets is poised to make a big push for as much of that market growth as possible.

The selling points for online shoppers remain what they have been for years: price, accessibility, selection and user experience. Walmart does well in most of these metrics, but it still can’t quite match up to Amazon. What the company can do is beat its fellow brick-and-mortar retailers in each of these categories. Maybe by opting to check keyword ranking software, this could make it a lot easier for retail businesses like Walmart to keep on top of the visitors of their site. This way, they can make better informed digital marketing decisions.

To do that, Walmart will need to leverage its massive customer base and make it more convenient and easier for them to shop online, while not neglecting in-store visits. With more and more places like PromoCodeWatch offering online coupons and codes, hopefully, this will boost online sales, but they need to maintain in-store sales. That’s a concern Amazon clearly doesn’t need to worry about, but one that other B&M stores will be fighting this year as well.

In that race, at least, Walmart has a bit of an edge over its direct competition, an edge it needs to extend while it has its sights set on Amazon.

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Ronn Torossian is the Founder and CEO of the New York based public relations firm 5WPR: one of the 20 largest PR Firms in the United States

 

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Ronn Torossian is the Founder & Chairman of 5W Public Relations, one of the largest independently owned PR firms in the United States. Since founding 5WPR in 2003, he has led the company's growth and vision, with the agency earning accolades including being named a Top 50 Global PR Agency by PRovoke Media, a top three NYC PR agency by O'Dwyers, one of Inc. Magazine's Best Workplaces and being awarded multiple American Business Awards, including a Stevie Award for PR Agency of the Year. With over 25 years of experience crafting and executing powerful narratives, Torossian is one of America's most prolific and well-respected public relations executives. Throughout his career he has advised leading and high-growth businesses, organizations, leaders and boards across corporate, technology and consumer industries. Torossian is known as one of the country's foremost experts on crisis communications. He has lectured on crisis PR at Harvard Business School, appears regularly in the media and has authored two editions of his book, "For Immediate Release: Shape Minds, Build Brands, and Deliver Results With Game-Changing Public Relations," which is an industry best-seller. Torossian's strategic, resourceful approach has been recognized with numerous awards including being named the Stevie American Business Awards Entrepreneur of the Year, the American Business Awards PR Executive of the Year, twice over, an Ernst & Young Entrepreneur of the Year semi-finalist, a Top Crisis Communications Professional by Business Insider, Metropolitan Magazine's Most Influential New Yorker, and a recipient of Crain's New York Most Notable in Marketing & PR. Outside of 5W, Torossian serves as a business advisor to and investor in multiple early stage businesses across the media, B2B and B2C landscape. Torossian is the proud father of two daughters. He is an active member of the Young Presidents Organization (YPO) and a board member of multiple not for profit organizations.