Chapter
Not Provided
34:53 - 38:07 (03:14)
The speaker discusses the strategy behind blending practical and aspirational merchandise to attract consumers to Walmart and other brands, comparing it to the marketing tactic of offering a $200 burger with gold leaf on it. They also mention taking a summer vacation with their family.
Clips
The guest talks about selling items like a wine basement, travel experiences, and a Harley for $75,000 to generate buzz and PR rather than overcharging.
34:53 - 36:10 (01:17)
Summary
The guest talks about selling items like a wine basement, travel experiences, and a Harley for $75,000 to generate buzz and PR rather than overcharging. The blending of aspirational with practical to attract people to their place and the guest's reputation for being calm and even keeled are also discussed.
ChapterNot Provided
Episode#345: Doug McMillon — CEO of Walmart
PodcastThe Tim Ferriss Show
The host enquires about the origin of the guest's poised calm and competitiveness.
36:11 - 37:03 (00:52)
Summary
The host enquires about the origin of the guest's poised calm and competitiveness. The guest attributes his calm demeanor to faking it and his father while his mother is extremely competitive.
ChapterNot Provided
Episode#345: Doug McMillon — CEO of Walmart
PodcastThe Tim Ferriss Show
A grandma, nicknamed "Killer" by her grandson, shows her competitive spirit during a beach volleyball game with her sons and nephews.
37:03 - 38:07 (01:04)
Summary
A grandma, nicknamed "Killer" by her grandson, shows her competitive spirit during a beach volleyball game with her sons and nephews.