Smarter Pricing to Secure the Featured Offer: How CedCommerce Is Automating Price Competitiveness for Amazon Sellers
Reading Time: 7 minutesI. INTRODUCTION: The Price Precision Imperative In Amazon’s high-velocity marketplace, even a…
Walmart’s New Seller Savings Program is back. New sellers can once again leverage the opportunity to sell Commission-Free on Walmart for 30 days! By extending the application & onboarding deadline, Walmart aims to ensure that sellers like you can onboard the marketplace quickly and take advantage of its endless benefits.
Launched by Walmart in March of 2021, the New Seller Savings Program promises 30-Days of commission-free selling on the marketplace. With the program, Walmart onboarded countless US-based businesses and helped them expand their Multichannel approach.
Walmart runs on a commission-based model; it does not charge additional fees from sellers listing their products on the marketplace. Sellers pay a small percentage (set according to the category of product sold) of Walmart commission for the product sold. With the new initiative, Walmart is offering to waive that as well!
When considering which product categories to sell on Walmart, it’s essential to evaluate potential profit margins and the volume of items sold in those categories. Additionally, understanding Walmart seller fees associated with each category can help optimize your selling strategy.
With the extended Sellers Saving Campaign, Walmart gives you another chance to publish and sell your products FREE for a month! 30 Days of 0% Referral Fees.
The only caveat? You need to submit the marketplace application before 30th June 2021 and GO LIVE on Walmart.com by 31 July 2021.
It’s important to note that to mitigate any confusion regarding the seller fee and the fee Walmart charges, it’s imperative to understand that during this promotional period, the cost to sell on the Walmart marketplace is temporarily waived, providing an excellent opportunity for new sellers to start selling on Walmart without incurring any additional expenses.
Onboarding Walmart is a simple process. First, you need to fill out the marketplace seller application form, informing Walmart of your interest in selling on the marketplace. Once you get approved, you can complete the following steps to onboard Walmart and start selling your products.
Account Creation– Create a username and password to access your seller account. Try completing the process in one go; else, you’ll lose access to the seller center.
Company Registration– This step involves providing all the necessary information regarding your business. This consists of information such as Display name and corporate address.
Taxes (W-9)– In this step, you need to fill out a tax form for essential purposes.
Payment Information– Register with Payoneer or Hyperwallet for all payments as they are Walmart’s Payment Partner. Note– The Payoneer account is the ONLY tax payment option for sellers with W-8ECI.
Shipping Information– Select price models, regions, and shipping methods for your business. Set your minimum and maximum transit time and item price for all your regions.
And finally, you’ll be ready to sell at Walmart.
For other necessary information, please go through the following blogs:
CedCommerce, as an eCommerce solution provider, aims to simplify the entire selling process. Be it onboarding the marketplace or optimizing your listings. With unparalleled features such as bulk upload, auto acknowledgment of orders, near-real-time sync, profiling, and repricing, you can integrate your store with the Walmart store seamlessly.
The distinct features allow you to upload your products in minutes, acknowledge your order automatically, and synchronizes the prices between your store and Walmart. This integration helps you manage all your shipments from a single platform with shipping extensions like ShipRush, ShipStation, etc.
Even if you missed the last New Seller Savings campaign, this extension is an excellent opportunity to think about onboarding Walmart. Get exposure to Millions of buyers, make enormous profits, and sell at 0% commission. Now, who’d say no to that?!
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