The popularity of Walmart is growing enormously, by attracting the attention of new customers all over the United States. The main reason for Walmart’s popularity is that it provides its users with tons of opportunities for building a profitable business on its platform. However, there are several tricky points that you should keep in mind before jumping into the process of launching your business on this platform.
Today, we are going to bring to your attention the main points that you should keep in mind in order to build your business on Walmart. Additionally, we will help you figure out which types of products you can confidently sell on this platform and which you should stay away from.
A Little About Walmart!
The first thing that you should be aware of is that Walmart is the third e-commerce platform behind Amazon and eBay. The products sold on this platform are completely new since, unlike eBay, Walmart does not allow selling used items through its platform.
The variety of products selling on Walmart is really huge; you can literally find everything on this platform; from branded products to generic ones such as groceries and toys. Among Walmart’s best selling product categories are:
- Patio & Garden
- Home, Furniture & Appliances
- Vitamins & Supplements
- Fresh Food
- Drugstore Items
Now that we have figured out which products are bestsellers on Walmart, it’s time to understand the main steps that you have to implement to start selling on this platform.
The Main Requirements For Selling On Walmart!
First of all, you should keep in mind that Walmart becomes very strict when it comes to its customers. Therefore, as a seller, you have to do your best in order to provide your customers with high-quality customer service.
How To Start Selling On Walmart?
If you intend to start selling on Walmart, first of all, you have to fill an application on Walmart’s official website, by providing the necessary information regarding your business. Here, you have to submit the following information:
- Tax Information
- Shipping Information
- Payment Information
Keep in mind that it can take more than three weeks for Walmart to take a decision regarding your application. Once your application is approved, you will receive a notification.
How To Add Products on Walmart!
Generally, Walmart allows its sellers to upload and test nearly 10% of the products that they are going to sell through this platform before making a final decision regarding your approval. Keep in mind that each listing should have a unique UPC code in order to avoid errors with your listings.
Common Mistakes Which Can Become a Reason For Rejections!
- Invalid Barcodes
- Missing SKU
- Incorrect Product Name
Another issue, that you can face in the process of launching your business on Walmart is that you have to create sales tax codes by yourself, which is considered quite a difficult process. But, you can contact our partners from Prestige Auditors and they will help you figure out all the aspects regarding taxes. You can visit their website where you can find more information regarding services provided by this team.
Generally, Walmart provides its users with six main shipping methods:
- Free Value Shipping
- Next Day
As a seller, you can offer your customers one of these methods. It is better to choose the fastest one since it will help you run your business faster, hence, get more positive reviews from your customers.
Walmart continues to remain one of the most popular and widely used e-commerce marketplaces. And if you want to set up your business on this platform and do not know where to start, you should definitely contact our team. That’s because we will help you set up your business on Walmart within a few days, by taking care of all the boring paperwork. By working with our team, you can be sure that you will become an owner of a profitable Walmart business, without putting much effort into it. You can visit our website where you can not only read tons of interesting blogs but also find the entire list of services that our team provides.