THE VALUATION OF WALMART INC

ABSTRACT

ONLINE SHOPPING IN MACAU HAS DEVELOPED RAPIDLY IN RECENT YEARS. AND THE SUCCESS OF TAOBAO IS SIGNIFICANTLY HARD TO NOT NOTICE. ITS’ SALES ARE BREAKING THE RECORD EVERY YEAR. HOWEVER, THERE ARE A LOT OF NEGATIVE COMMENTS TOWARDS TAOBAO. VARIOUS RESEARCHES AND DATA HAVE SHOWN THAT LIVE-STREAMING IS ONE OF THE BIGGEST CONTRIBUTIONS TOWARDS TAOBAO’S SALES AND RECORD BREAKING. THIS RESEARCH AIMS TO INVESTIGATE DEEPLY TO UNDERSTAND HOW TAOBAO COUNTERS THOSE ISSUES AND THE ROLE OF LIVE-STREAMING IN RELATION TO IT. BASED ON A REVIEW OF THE LITERATURE IN THE RELEVANT AREAS , QUALITATIVE METHODOLOGY IS ADOPTED AFTER THOROUGH CONSIDERATIONS. A SMALL SAMPLE SIZE OF 10 WERE SELECTED TO CONDUCT SEMI-STRUCTURED IN-DEPTH INTERVIEWS AND THE PARTICIPANTS AGREED TO RESPOND TO ANSWER THE ORIGINAL INTERVIEW QUESTIONS AND THE FOLLOW-UP QUESTIONS. ANALYSIS OF THE RESPONSES DEMONSTRATED E-CUSTOMER SERVICE IS THE MOST INFLUENTIAL VARIABLE TOWARDS REPURCHASE INTENTION. LIVE-STREAMING STRATEGY CAN EFFECTIVELY AND DIRECTLY REDUCE CONSTOMER’S UNCERTAINTY OF PRODUCTS AND INCREASE THE EFFICIENCY OF RESPONSIVENESS. AND PRODUCT UNCERTAINTY AND RESPONSIVENESS SPEED ARE VARIABLES THAT IMPACT PURCHASE INTENTION. THE RESULT DEMONSTRATED LIVE-STREAMING'S EFFECTIVENESS IN COMBATING MULTIPLE NEGATIVE ASPECTS OF TAOBAO AND STRENGTHENING THE POSITIVE ASPECTS. ON THIS BASIS, LIVE-STREAMING IS AN IMPACTFUL METHOD TO COMBAT TAOBAO. IN ADDITION, E-SERVICE IN TERMS OF SUFFICIENCY OF THE STAFF’S COMMUNICATION SKILL HAVE BEEN FOUND IMPORTANT TOWARDS CUSTOMER’S SATISFACTION. A GAP RELATED TO SUCH AN ISSUE HAS BEEN RECOMMENDED IN THE FURTHER RESEARCH RECOMMENDATIONS ALONG WITH OTHER FACTORS OR SAMPLE GROUPS, WHICH ARE NEEDED TO EXPLORE DEEPLY IN THE FUTURE