War is coming: Amazon and Wal-Mart
Okay, maybe I’m exaggerating, but Wal-Mart CEO said: “If there is going to be a ‘Wal-Mart of the Web’, it is going to be walmart.com”.
Some people area saying that Wal-Mart’s sudden price drop on books is sending signals that it intends to wage a price war with the world’s biggest bookstore, Amazon.com.
The price of $10 per book that is not made to be an e-book sounds pretty good considering some hardbacks can sell at very high prices.
Perhaps we are looking at a time when books are going to truly go out, and e-books will take their place.
Whatever the case, I’m not certain if we can talk about this whole issue of Wal-Mart and Amazon’s tactics as the coming of a war. However, it does create very sensational news.