10 Secrets Walmart Doesn't Want You To Know (Part 2)Feb 27, 2020
When it comes to giant retailers, Walmart is head and shoulders above the rest. It is the largest private employer in the United States. And its annual revenues amount to hundreds of billions. That is the budget of a small European country. But not everything is rosy for large corporations. No company
wants something to come to light that could tarnish its image. So, let's find out 10
know(Part 2). Owned by a wealthy family The first fact about Walmart relates to the owners. Understandably, this is a nugget that the wealthy family would not like to overlook.
But it's not exactly a secret that the Waltons own the large retailer that makes them the richest family in the world. Not even the oil companies can compete with the riches of these guys. So what does that tell us besides the fact that the first
partof the retailer's name comes from the last name? In fact, it tells us a lot. Especially if we add another fact about the low salaries and harsh working conditions of the employees. We already covered that point in Part 1 of this series. When you think about the world's richest family adding billions to their wealth each year while employees become poorer, you can understand why the Waltons prefer to stay out of the spotlight.
Now don't get me wrong. There is nothing wrong with being rich. The only thing that is wrong here is that you, as the owner, continue to enrich yourself by exploiting your workers and not sharing your profits with them. Walmart would rather pay shareholders than raise employee wages to $15 an hour. We've all heard of corporate greed, but this one takes the cake. Day-old bread is just as delicious. That was a dark start. So let's turn our attention to something that would benefit you if you shop at Walmart. It's about bread. We all love the smell of freshly baked bread.
But living in a city makes the chance to see fresh bread coming out of the oven as rare as seeing a unicorn strolling through Times Square. And since most of us buy bread at the supermarket, the expiration date is the way to
knowif it's really fresh or not. If you buy bread at Walmart, walk down the bakery aisle. There you will find day-old bread and other bakery products. For one thing, they are cheaper than new ones. But other than the price, there isn't much difference between them and those that were baked on the same day.
They both taste the same, smell the same and look the same. So why not save a few dollars on baked goods each week? You can get a loaf of bread for as little as a dollar. Of course, Walmart offers these deep discounts because the company would rather sell them at any price rather than throw them away. Therefore, everyone wins. Cheap Labor We have talked before about large corporations operating sweatshops abroad and sometimes using child labor to reduce costs and increase their profits. A quick Google search will turn up many such scandals. But what is new here is that it is not necessary to travel abroad to find cheap labor.
Why go to the trouble when you have private prison systems that offer an endless supply of convicts year-round? And everything is legal. Now, these convicts who are forced to work for as little as $2 an hour do not work directly for Walmart. There is no chance of that happening. Just think of the public outcry if you found out that the guy stocking the shelves in the produce section was a convict serving a life sentence. It wouldn't look good. Therefore, these modern slaves work on farms harvesting vegetables and fruits. What's more, it turns out that this systematic exploitation of prisoners is not exclusive to the United States either.
In China, this unfair practice is widespread and involves forcing prisoners to work 14 hours a day in harsh and inhumane conditions. And all so we can get our groceries at low prices while Walmart shareholders get higher returns on their investment. Welcome to the real world. The Sweet Dollar Deals We mentioned that if you know where to look, you can find a loaf of bread selling for a dollar at Walmart. Fortunately, there is no cheap labor here and the low prices are
partof a marketing campaign to attract customers. Plus, a loaf of bread isn't the only thing you can get for a dollar at the retail giant.
Just like a dollar store, Walmart occasionally offers its customers dollar deals to keep them coming back. The trick is to know when those deals are running and which aisles have the coveted cheap products. You can sometimes get shampoos, deodorants, and other grooming products for a dollar each. That's why it's always a good idea to check there more frequently. You'll also find gift cards and greeting cards at this low price all year long. These gifts are reserved for people you don't care much about, but you still have to send them a gift anyway. Some websites like I Heart the Mart maintain a page dedicated to these dollar deals at Walmart.
So it's worth checking there before heading to the nearest Walmart for your regular shopping. Walmart and the police We all try to love and respect the police. From a distance, that is. Nobody likes having a police officer following them. On the road, it is always better to have a police car in front than behind. This is not a reflection of a guilty conscience. The thing is that when a police officer approaches, it's often followed by a knot in your stomach and the assumption that you must have done something wrong or that you're going to be blamed for something you didn't do.
Walmart, on the other hand, has a deep love for police. You see, Walmart employees really like to call the police. More than other businesses that deal with the public. Anyone pick up a $3 package of tissues? To call the police. A hungry guy walks out the door with a loaf of day-old bread? Bring them the wrath of the police. It's ridiculous. Where's Walmart's security, I hear you ask? Well, that's the point. Walmart would rather have local police handle incidents of petty theft than have the company pay for its own security system. Why hire mall cops when you have the men and women in blue just a phone call away?
And if you're thinking that this would only tax the police force and prevent them from dealing with a serious crime, you wouldn't be wrong. But that trivial point
doesn't seem to bother Walmart management, as long as it keeps costs down. Free Shipping Obviously, this is a neat trick that many people may not know about and will save you a lot of money and time while shopping. If you like shopping online, you'll be pleased to know that Walmart delivers your purchases to your home for free. However, the minimum order must be $35. Sweet. But what if your order is less than that?
Easy. You can choose the shipping to store option. It means your order will be ready for you to pick up from any store of your choice. Here's how you can use that option to your advantage. Let's say your day is full of errands and you don't have time to go to Walmart and spend hours walking through the aisles, picking up things, and having to wait in line at the cashier. Simply take your shopping trip online and have it delivered to the store. Now all you need to do is stop by the store that same day or the next day and pick up your order.
There is nothing easier than that. You save time and also money since online prices are usually cheaper than those in the physical store. Winning the Price War I think we can all agree that one of the best features of capitalism is the fact that it does not tolerate one person or company having a monopoly on the market (usually). At least there are rules and regulations to prevent such manipulative practices. And no matter what you think of Walmart or its closest rival, Amazon, you have to appreciate their rivalry. As consumers, we like to watch the price war continue as each retailer tries to entice us with deep discounts and incredible promotions.
It's an exciting feeling to get a deal online or buy a TV for next to nothing. So the question now is: what's the best way to profit from the price dispute between the two giants? Easy enough: compare prices online and make sure you get the best deal. There's no point in being a loyal customer of one retailer or another when you can save real money on your weekly purchases. Remember that free shipping service we talked about earlier? It wouldn't be possible if Amazon wasn't trying to attract customers with free shipping as well. It's a great time to be alive, isn't it?
Look for Coupons One of the best things about Walmart is that it allows you to keep the change in your coupon. Let's say you have a $10 coupon and made a purchase for $8.35, that leaves you with $1.65. Walmart will let you keep that dollar, 65 cents, and use it on future purchases. Now you can understand why your Aunt Myrtle spends hours looking through newspapers and websites looking for Walmart coupons. So where can you get these coupons? We'll save you the embarrassment of having to ask Aunt Myrtle (she probably won't tell you anyway, not after you insulted her dog and called her cat neurotic) and just refer you to some good websites.
You can visit I Heart the Mart or Passion for Savings to find coupons and special offers. It also helps to follow Walmart on social media sites like Twitter, where they post special deals regularly. Searching for coupons may seem like a waste of time. But when you see the savings you can make on your grocery purchases, you'll probably change your mind and decide to make coupon hunting a regular pastime. And no one has to know. It's all in the price tag. This is definitely a secret that Walmart doesn't want you to know. It has to do with the price tag code that the company uses.
When you see a new item on the shelf, like a lamp or a toaster, you may be tempted to buy it before other customers pick it up. But that's usually not a good idea. Here time is on your side when planning your purchasing strategy. Big retailers like Walmart don't like bottom-heavy products. By this we mean items that sit on shelves for months. Fast delivery is the goal of every retailer. So when an item remains unsold for weeks, the company usually gives it a new price at a discount. So how do you know if this is the first price or the last?
That's where the price tag code comes into play. If the price tag ends in 7, then it is a new item and this is the original price. So a pen selling for $2.97 means it just arrived, and if you wait a little, the price will drop. The discounted price usually ends with a 5. So, a few weeks later, you might find the same pen on sale for $2.35. When the product is still not sold, Walmart will give you some more discounts. The final price usually ends in 1. Keep that in mind the next time you want to shop at the retailer.
New Parents Get Free Stuff As we mentioned before, not all big corporations are bad. And not all of their marketing strategies are aimed at trapping customers and fleecing them. Certainly not this one, which is good practice on the part of the retail giant. New parents will receive a free baby box. You will need to fill out a form on the Walmart website. Simply navigate to the baby box page to apply. Sure enough, Walmart will send a baby box to your house for free. So what's in the box? Well, as expected, you will find a lot of things related to babies.
From pacifiers to diapers, nursing pads, wipes and bottles. Most of these free samples will give you a head start on new parenthood and help you try the products before you buy them. Naturally, you'll be purchasing a lot of these baby items, so it's always a good idea to know which brands are good for your baby. Stick around and tap that screen to see one of our other great videos. And if you're here for the first time, we'd love for you to subscribe to our channel. Go ahead and hit the subscribe button and hit the notification bell.
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