IfÌýyou are thinking about joining theÌýWalmart Marketplace toÌýgrow your business, but don’t know where toÌýbegin, we’ve put together this handy article toÌýhelp you get started. This comprehensive guide will cover everything you need toÌýknow about getting approved onÌýWalmart Marketplace andÌýselling your products.
Since Walmart Marketplace started over aÌýdecade ago, theÌýplatform has gone through various changes, improving processes andÌýtools toÌýhelp sellers earn money andÌýsell goods. IfÌýyou’d like toÌýknow more about selling onÌý, read onÌýforÌýmore information.
What IsÌýWalmart Marketplace?
Walmart Marketplace isÌýaÌýcomprehensive andÌýcurated digital environment ofÌýprofessional sellers large andÌýsmall whose goods andÌýproducts fit alongside Walmart’s
When you become aÌýmember ofÌýWalmart Marketplace, you can expand your business, reach new customers, andÌýgrow sales inÌýanÌý
InÌýaddition, Walmart Marketplace sellers can also use theÌýplatform toÌýenjoy various omnichannel capabilities. For example, Walmart isÌýanÌýestablished andÌýtrusted brand both
What Are theÌýWalmart Marketplace Costs?
Walmart Marketplace offers competitive andÌýtransparent commission rates toÌýall Marketplace sellers. InÌýaddition, sellers doÌýnot have toÌýworry about anyÌýhidden fees (setup orÌýmonthly) when conducting business through Walmart Marketplace. You only pay Walmart Marketplace aÌýcommission when you make aÌýsale.
Commission rates are taken forÌýaÌýcompleted purchase andÌývary byÌýsales price andÌýproduct category. Typically, Walmart Marketplace takes between 6%ÌýtoÌý15%. Walmart Marketplace recently changed its fees inÌýcertain categories, but you’ll still enjoy low andÌýcompetitive rates.
These fees include:
Baby, beauty, grocery, health, andÌýpersonal care
- 8%Ìýreferral fee forÌýitems that cost $10ÌýorÌýless
- 15% referral fee forÌýitems that cost more than $10
Electronics products (accessories)
- 15% referral fee forÌýtotal sales upÌýtoÌý$100.00
- 8%Ìýreferral fee forÌýtotal sales ofÌýmore than $100.00
How Can IÌýFill inÌýanÌýApplication toÌýWalmart Marketplace?
IfÌýyou want toÌýapply toÌýbecome aÌýseller onÌýWalmart Marketplace, head over toÌýtheÌý.
The application process does not take very long provided you have all theÌýnecessary documents andÌýinformation ready.
The information you’ll need includes:
- USÌýBusiness Tax ID
- W9ÌýorÌýW8ÌýandÌýEIN Verification Letter that confirms your USÌýbusiness address orÌýyour place ofÌýphysical operations
- Your USÌýbusiness address orÌýplace ofÌýphysical operations
- Planned method ofÌýintegration forÌýyour product catalog (API, bulk upload, solution provider, etc.)
- Your product categories andÌýtheÌýsize ofÌýyour catalog, plus anyÌýother product information (total SKUs, etc.)
How DoÌýYou Get Approved toÌýSell onÌýWalmart Marketplace?
Walmart Marketplace demands theÌývery best from anyÌýsellers who occupy aÌýspot onÌýtheir platform. However, there are aÌýfew things you can doÌýtoÌýensure theÌýapplication process goes theÌýway you want. First ofÌýall, you need aÌýrecord ofÌýsuccess inÌýanÌýonline marketplace orÌýwith your own
You should also make sure that nothing you sell appears onÌýtheÌýcompany’s . This includes alcohol, offensive items, specific types ofÌýfood, hazardous items, andÌýmore. Check this list before starting your applicationÌý— ifÌýone ofÌýyour items appears onÌýthis list, your application will beÌýdenied straight away.
Also, weÌýrecommend giving asÌýmuch detailed information about your business onÌýyour application. Otherwise, you’ll have toÌýengage inÌýcontinued correspondence with Walmart Marketplace toÌýprovide anyÌýmissing information inÌýyour application. Act quickly andÌýensure you provide all theÌýcorrect information toÌýavoid delays.
“Check Your Status”
IfÌýyou are waiting onÌýyour application’s approval, you’ll soon beÌýable toÌýstay updated with theÌýmarketplace’s “Check Your Status” feature.
Once you have completed your application, you’ll have toÌýwait forÌýaÌýwhile Walmart reviews andÌýapproves your business. However, theÌýcompany will soon beÌýlaunching aÌý“Check Your Status” feature that gives you continuous updates andÌýlets you know where your application isÌýinÌýtheÌýprocess. Keep your eyes peeled forÌýthis feature inÌýtheÌýnear future.
Walmart Fulfillment Services
Another thing you need toÌýconsider toÌýensure your application isÌýapproved isÌýyour ability toÌýfulfill orders quickly andÌýreliably. Walmart customers are used toÌýaÌýcertain standard with their deliveriesÌý— you should beÌýable toÌýget theÌýproduct toÌýthem within three working days. Walmart offers seller programs like TwoDay andÌýThreeDay toÌýentice people into buying certain products when scrolling through their search results.
Understand that you cannot use other fulfillment services provided byÌýdifferent marketplaces, such asÌýFulfillment byÌýAmazon. However, you can opt toÌýuse Walmart’s own fulfillment service (WFS), which isÌýaÌý
IfÌýyou cannot organize your own reliable shipping, you can apply forÌýWFS instead. Once approved, you send your products toÌýaÌýWalmart Fulfillment Center, where they will store, pick, pack, andÌýship your orders whenever you make aÌýsale. These orders are guaranteed toÌýreach your customer within two days. InÌýaddition, Walmart will also handle customer care onÌýanyÌýofÌýyour orders. AsÌýsuch, customers may return items inÌýtheir local store orÌýthrough aÌýhome pickup alternative organized byÌýUPS orÌýFedEx.
InÌýshort, WFS lets you access Walmart’s comprehensive supply chain skills with aÌýreliable order fulfillment service. WFS exists toÌýhelp sellers earn more money through sales andÌýscale their business through theÌýWalmart Marketplace community.
How DoÌýYou Register onÌýWalmart Marketplace Once Your Application isÌýApproved?
Once your application has been approved, you’ll need toÌýregister your account andÌýstart selling asÌýquickly asÌýyou can. You should have theÌýfollowing details atÌýhand toÌýexpedite theÌýregistration process.
- Contact name
- USÌýbusiness tax ID
- Corporate address
- W9ÌýorÌýW8ÌýandÌýEIN verification letter.
- Pricing model
- Shipping methods
- Regions you’re able toÌýship items to.
You’ll also want toÌýdecide onÌýyour integration method forÌýyour product listings. Choose between Bulk Upload, API, orÌýaÌýsolution provider. InÌýaddition, you’ll need toÌýprovide information regarding product listings, including your product price, categories, andÌýinventory.
Register with one ofÌýWalmart’s payment providers toÌýreceive payments from Walmart Marketplace. These include Payoneer orÌýHyperwallet.
The Final Step: Upload andÌýMaster Your Product Listings
Once you have registered forÌýanÌýaccount onÌýWalmart Marketplace, you need toÌýadd your products toÌýtheÌýsite. Luckily, this isÌýeasy toÌýdoÌýifÌýyou use Walmart’s feature. You can use this feature toÌýupload each item individually, orÌýmany items atÌýonce.
You can upload items via Bulk Upload inÌýtwo ways: use Full Item Spec orÌýSetup byÌýMatch.
Setup byÌýMatch involves Walmart Marketplace matching your items toÌýimages andÌýdescriptions already inÌýtheÌýsystem, which isÌýmuch faster forÌýyou. However, Full Item Spec takes aÌýfew more steps but isÌýstill easy toÌýuse andÌýstreamlined. Your items will also stand out more once they goÌýlive onÌýtheÌýwebsite.
You can add products through theÌýseller center, orÌýbyÌýusing code through theÌý.
Final Say
WeÌýhope our guide has provided you with theÌýinformation you need toÌýbegin your Walmart Marketplace application. With anyÌýluck, you’ll beÌýselling items onÌýWalmart.com inÌýnoÌýtime atÌýall.
For all your ecommerce needs, visit ºÚÁÏÃÅ today. We’ll help you set upÌýyour own ecommerce store andÌýmanage your online business with ease.
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- How ToÌýSell OnÌýWalmart Marketplace
- How toÌýGet Approved toÌýSell onÌýWalmart Marketplace
- Walmart Seller Central: How toÌýJoin andÌýMake theÌýMost ofÌýIt