The ecommerce business is in full bloom at the moment. If you’re an online seller, this is pretty much the best time to be in the business. Using a multichannel selling software and multichannel listings tools can help you put your brand forward on several platforms. Taking the multichannel route is pretty easy with our real-time inventory sync tool which will help you keep track of the number of products across all your categories and find out which ones you need to bring back in and stock up on. With so many platforms to choose from, it can be quite intimidating to decide where to set up your online store. If you too are struggling with that dilemma, the Walmart marketplace can be a good place to begin with.
Why Choose Walmart?
Launched
in 2009, Walmart secured its place as one of the biggest and most preferable
ecommerce marketplaces pretty quickly. It was in 2016 that it started accepting
third-party sellers, and boasting a total of over 110 million unique monthly
visitors, it is now the second-largestonline shopping destination in the US
alone. Depending on your products and the kind of goals you have in mind, this
fast-paced marketplace can be your go-to option for your first venture as an
online seller. Walmart provides you with comprehensive analytics along with
flexible and interactive listings. Most importantly, it’s a trusted brand, and
there’s also no annual listing fee. If you’re looking to reach a huge audience
of ready buyers, your search ends here.
Ways to Become a
Seller on Walmart Marketplace
Becoming
a seller on Walmart isn’t that tedious a task. Walmart chooses sellers who
align with their values and have good reputation and sales projections. It also
gives importance to those who price their products competitively, since Walmart
is known for good prices. Some of the other qualities they look forward to are
efficient customer service, unique product assortment, and reliable
fulfillment.If you think you have these qualities, you’re good to go. Read on
to know more about the steps and directions you need to be aware of to start
selling on Walmart:
- Visit
marketplace.walmart.com and fill in all the required details. This barely takes
10 minutes if you have all the information ready. Save all the info on each
section, and click on “apply now” when you’re done. Once you’re approved, you
will be notified of it via an email.
- In
order to create your Partner Profile, follow the link provided to you in the
approval email. The registration process will take you through five main
sections, namely Account Creation, Partner Registration, Taxes (W-9), Verify
Bank Account, and Shipping Info. The information that you need to provide will
include the address of your company, details of your bank account, and a digital
copy of your latest W-9 form. The registration process is pretty
straightforward, with the last section requiring you to configure things like
shipping rates and the date and time when you will process your orders.
- Once
your Partner Profile has been created, you will have access to the Seller
Center. Under this segment, you will find a Launch Checklist that will enlist
the next bunch of requirements needed to launch you account. The first item on
this list is to complete your Partner Profile. Now, if you don’t know what a
Partner Profile is, it is basically a public page where your customers will be
able to learn more about you. For example, things like your company name,
description, logo, company policies, tax information, etc. As you go on
completing your Partner Profile, the progress bar of the ‘profile readiness for
launch’ will eventually reach 100%, and the step will consequently be crossed
off the Launch Checklist.
- The
next step on your list is to verify your bank deposit. Log in to the same bank
account you used during the time of registration, and look under the
transactions bar for a $0.01 deposit from “WM Marketplace Penny Test”. Once you
see that, mark it as done on your Launch Checklist to confirm that you have
received the deposit. This penny deposit usually takes around 1-2 business to
reflect in your account. At times it can even take up to four days. In case the
deposit does not appear in four days, double-check to ensure that you entered
all your bank details correctly or not.
- Next,
comes the Item Setup for the Walmart Marketplace, which, as you can expect, is
the most involved part of creating your account, as this is where you input
features such as pictures, videos, long and short descriptions, attributes,
etc. Firstly, you need to select the right category and subcategory for your
product from 24 categories and 79 subcategories. This is a very crucial step
since the category will help customers find your product. Walmart even provides
a categorisation guide to make the selection easier. Also remember to review
the ‘include’ and ‘exclude’ sections, since some products often fit into
multiple categories. Once you’re done selecting the category and subcategory, you
can then download the Item Setup template in your Seller Center.It will contain
relevant attributes required by the customers to narrow down their search inthat particular category. You can complete all the required
information by selecting the “Show Required Fields Only” from the Walmart
Toolbar. Provide a URL with an image file (JPEG or JPG) in the Main Image URL
section. Select “Validate Fields” after selecting all the required fields,
correct any highlighted ones, and then upload your file to the Seller Center.Once
this is all done, the items in your Seller Center will be moved to the Staged
status.
- In
order to verify your content and the price of your products in the Staged
status, select “Preview Item” from the Seller Center. To test your ordering,
update your item inventory to 1. Choose the Update Inventory button, and then
click “Publish Item” and “Purchase Item” in your Seller Center.
- The
very final step for becoming a seller on the Walmart marketplace is to launch
your account. As soon as all the items on your Walmart Launch Checklist in the
Seller Center are marked as done, a pop-up message will ask for your
confirmation to launch. Your profile will then be reviewed by the Walmart
Marketplace integration team, and your products will be live on Walmart.com
within 24 hours.
The
Walmart marketplace is getting more and more shoppers with each passing day.
They’re actively seeking third-party sellers, since they’re aware of them
bringing more variety to the situation, and this is your chance to utilise this
golden opportunity. Once you become a seller on Walmart, your product can reach
millions of customers out there, and you’ll be able to enjoy increased orders
and predictable seller fees with no hidden costs.