Many sellers are banking on Walmart Marketplace, and thus it is becoming popular day by day. Sellers are finding it reliable and trustworthy, and there are many reasons for that too. Walmart is the most significant retailer globally and thus consists of a massive network of distribution channels and centers, buyers, and stores. Walmart took a considerable leap and thus helped to give the marketplace a significant boost, making it one of the most popular retailers.
Walmart gives excellent exposure to its sellers, and being an open field allows selling their products quickly. After knowing how to sell on Walmart, many sellers have been able to boost their sales figures and have managed to make an impact in the minds of buyers.
Walmart Marketplace
Although Walmart Marketplace is a hugely popular but different set of people visit it compared to the stores. With an excellent Walmart marketplace customer service, Walmart marketplace is known for its following features:
- Around 33% of customers that visit this marketplace is aged between 23 to 38
- The income of the buyer ranges from medium to high
- Most of the buyers are homeowners and have families.
Walmart Marketplace has a great range of products that comprise 52 million SKUs, and they are spread across 35 plus categories of products, starting from automotive to furniture. Before you start selling on Walmart, you must find out the type of competition and whether it has an active or dead category. This suggests that you can get an opportunity to build the business and manage the inventory of your products.
Walmart marketplace fees include around 6 to 20% referral fee based on the type of the product. Also, to join the marketplace, you will have to apply as a seller and be invited to the platform. Once you have a Walmart seller account, you can go ahead and access the Walmart marketplace.
How to Sell on Walmart and Start Dropshipping
Walmart has an extraordinary level of service, quality, and price. Every seller wants to enjoy excellent Walmart marketplace reviews, and hence you must know the process of applying to Walmart.
It is high time that you should leave traditional ways of shipping while opting for the automated modes -including Walmart Dropshipping. Right from product researching to product listings, and so more -dropshipping is capable of ensuring it all. Walmart allows dropshipping to vendors for entering the products into the product list of the respective supply chain center. Upon receiving the order, transferring it to the seller, and delivering it to the buyers -the entire process of dropshipping is complete.
Selling Products on Walmart
If you are keen on selling your products on Walmart, it is a good idea to start selling on Amazon and eBay as Walmart might ask you about your experience on these different sites.
Walmart will ask you about how many years of website experience you have, and if your answer is no experience, it might be a hindrance. Hence to become a seller Walmart, the experience of selling on eBay or Amazon is essential. For becoming a seller at Walmart, selling on Amazon is not enough; it is crucial to building a company. If you provide them your social security number, they will allow you to start selling.
If you are keen on selling on Walmart, you must provide the best customer service. Like eBay score or your rating on Amazon, some of the metrics will help Walmart decide if you are providing the best customer service. With a lengthy history of making customers happy, you can meet customer service requirements quickly.
Requirements for Selling on Walmart
The customer requirements for Walmart are as follows:
1. Answering emails with the best response within 24 hours.
2. Clarify the inquires of the Attorney General with an hour.
3. Give phone support, and voice mails should be available when agents are around.
4. Get back to a customer who leaves a voicemail in a day.
5. Be responsive to the customers
According to Walmart, the Walmart seller central should sell products that are compelling and unique.
- Unique stands for something that no one is selling on Walmart Marketplace. If you are a vendor selling generic paper plates, they might not let you sell as they have 1000 vendors selling these paper plates already.
- Compelling: Walmart prefers its sellers to sell products that have a huge demand and thus are saleable. Hence, they remove items or products that are underperforming. They do not show any interest in allowing a seller to sell his products whose products do not have popularity and hence not saleable. Before approaching Walmart, ask yourself two significant questions:
- Does Walmart sell these products already?
- Will these products sell well on Walmart?
If the response is no, then it is a good idea not to apply to Walmart.
Ideology Followed by Walmart
Walmart’s ideology is to Save Money and Live Better. With this slogan in place, they get rid of items that are too pricey. If your products are too expensive, there are high chances of getting rejected. Hence, if you keen on getting on to Walmart, try to keep your prices at par so that you are not vulnerable to rejection. If your products are reasonably priced, then there is nothing to worry about, as Walmart will help you sustain.
After they approve of your products, it expects you to upload them quickly. They will ask you to share your plans on how you want to go ahead, and hence it is always a good idea to educate yourself.
Some of the questions that you might be asked are as follow:
1. What is the name of the Walmart category you would like to sell in?
2. What is the largest and second-largest source of sales?
3. What are the annual sales of each product or category?
It is a good idea to prepare yourself for these questions before you set to apply.
Finally, if you find that your business meets the requirements mentioned above, you can go ahead and apply.
Conclusion
There are several drop shipping wholesale suppliers, but one of the most popular is SaleYee.com. It has excellent features and many advantages. Some of the features include fast delivery, 30,000 SKUs, 24/7 Customer care support, availability of great discounts, free membership, and three months after-sales service.
As mentioned earlier, to become a seller on Walmart, it is always a good idea to educate yourself and then apply. Once you are in, there is no looking behind. With help from a reliable dropshipping provider like SaleYee.com, you can look forward to maximizing your overall sales on Walmart.
