3 Things You Should Be Prepared To Face Before Selling On Walmart Online
Walmart online marketplace has emerged as one of the most promising e commerce platforms for third party sellers that are looking for greater and more rewarding avenues to expand into. At present, this new ecommerce endeavor has been named among the very few marketplaces that invite a channel of strictly unique purchase motivated traffic that always manages to win better conversions, sale and profits for performing entities.
However, even with all these benefits that cannot be overlooked, sellers need to be aware about a few drawbacks that they are most likely to face as they sell on Walmart online; 3 of which can be mentioned as follows…
Induction can take weeks —
getting inducted on Walmart online marketplace is never instant. The process can take anywhere from 3 to 5 weeks if not more. At the same time, there is no guarantee that the concerned seller will be inducted at all in the first place. Once the platform accepts the application, set up and go live is usually easy and quick.
Profits will pour in late —
3P sellers should never expect to make instant profits in Walmart online marketplace mostly because it is not possible. The platform insists sellers to mark their product prices at the ‘lowest’ in comparison with all other ecommerce marketplaces; a requirement that can pull down profit margins phenomenally.
Profits generation in Walmart.com is usually a slow and steady process that can be given a boost with believable strategies.
Pricing battles can get a little too taxing —
This is something that any seller Amazon or eBay will be able to agree with. With the marketplace insisting on lowest price requirements, the sellers that are already performing in Amazon or eBay will have to maintain a harmonious pricing balance between all marketplaces.
If this is not done, sellers can invite warnings and suspensions from all platforms of presence. Usage of automation tools and softwares is thus, of phenomenal importance.
