Have you ever thought to yourself, “I wish I could make money off of Walmart when they sell products”? Well, now you can.
Walmart is one of the most popular and well known retail stores in the US, and it can be a great place for anyone looking to start their own business. With the discontinuation of their buy online, pick up in store program in April, Walmart started looking for new ways for customers to shop without needing to go into the store.
This is where drop shipping comes in. Drop shipping allows someone who wishes to sell products on eBay or Amazon or Flipkart without having an inventory or warehouse space, to partner with a third party seller who already has an inventory and warehouse space.
The company that wishes to sell these products will purchase them from another company and then send them over when they get the order from the customer. This article will teach you everything you need to know about drop shipping and how it relates to Walmart!
The Walmart Buy Online, Pick Up In Store Discontinuation
Walmart discontinued their buy online, pick up in store program on April of this year. Before they withdrew the service, it was popular with customers who didn’t live close to a Walmart location and had no other way to get their products.
The discontinuation of the buy online, pick up in store program is not the only thing that has happened at Walmart. In early May, Walmart announced that they were going to be dropping the price of their “pickup” fee from $10 to $5 for any purchase over $35.
This change will allow people who don’t have a car or can’t drive far an easier way to shop at Walmart’s physical stores without having to pay a high pickup fee.
How Walmart’s Drop Shipping Works
Walmart is one of the few retailers in the US that has embraced drop shipping. Walmart’s drop shipping program works with businesses that want to sell their products on Walmart.com. Walmart offers two different options for drop shippers:
1) The Drop Ship Program:
- You must have an inventory
- You can ship your products to Walmart whenever you want, but they will only be available for purchase 48 hours after they arrive at Walmart
2) The Partner Program
- Your inventory must be stocked by Walmart
- You will be paid when the customer buys your product and it will be shipped out to them
What You Can Sell on Walmart
When it comes to what you can sell on Walmart, the possibilities are endless.
Walmart is a one-stop shop for everything you could want! They have every type of food, clothing, electronics, and more. This makes it so that there is something for everyone on Walmart’s site.
This also means that there is an opportunity to find a niche market within Walmart’s site. For example, if you’re really into Hello Kitty or Pokemon, you could start selling collectibles on Walmart without having any competition!
So if you’re looking for a way to make money off of Walmart when they sell products after April 19th, drop shipping may be for you.
What You Should Consider Before Starting a Drop Shipping Business
Before starting your own Walmart business, you should consider the following:
- Do you have a product to sell?
- Do you have a reliable and reputable supplier in China?
- What niche do you want to start in?
- How much money are you willing to invest into this new business?
- What type of customer service do you plan on providing?
Why Walmart and drop shipping go hand-in-hand
There are many benefits to drop shipping. You don’t need an inventory or warehouse space, and the third party seller you partner with will handle all of the stock, storage, and distribution for your company. This relationship can be advantageous because it saves you money and time. Walmart has been dropping orders off at customer’s homes for a while now, but that doesn’t mean they can’t use drop shipping too!
You’ll want to find a third party seller who will deal with all of the stock and storage requirements for your business. There are different options to choose from and they’ll typically offer pricing by volume (how many products you order) or by unit (how much product each order contains).
This is where Walmart comes in. You can take advantage of their low prices and promote them as a reseller on eBay, Amazon, or any other site.
How to start your own Walmart business
Walmart is one of the most popular and well known retail stores in the US, and it can be a great place for anyone looking to start their own business. With the discontinuation of their buy online, pick up in store program in April, Walmart started looking for new ways for customers to shop without needing to go into the store.
This is where drop shipping comes in. Drop shipping allows someone who wishes to sell products on eBay or Amazon or Flipkart without having an inventory or warehouse space, to partner with a third party seller who already has an inventory and warehouse space.
The company that wishes to sell these products will purchase them from another company and then send them over when they get the order from the customer. This article will teach you everything you need to know about drop shipping and how it relates to Walmart!
Best practices for success when drop shipping
There are many different ways you can go about drop shipping. You can work with a company that has an inventory of goods or you could look for products online and then send them over to the customer when they place an order. However, in order to create a sustainable business model, it is best to look for products that customers want to buy year round.
When deciding what items to sell, it’s important to take into consideration things like seasonality and how prepared your customers are for the purchase. For example, people might be more willing to buy clothes in the winter if they know they will need them soon.
It’s also important not to spend too much money on marketing until you find out how well your product sells. If you find yourself spending too much money on marketing before finding out whether or not your product is successful, then you may end up losing money without even knowing if your business is viable.
Walmart’s impact on drop shipping
Walmart is the second largest retailer in the world and it will soon be the first. With Walmart’s recent changes, it will be more difficult for people to shop at their store, which means they will need to find new ways to engage with customers. One of the most popular methods is to use drop shipping.
Drop shipping is a convenient way for Walmart to reach their customers without having physical stores and without having inventory stocked on shelves. It’s also a great opportunity for people looking to make money off of Walmart. All you need is a customer who wants your product and you can buy it from someone else and send it over when you get the order!
Drop shipping requirements for Walmart
To start drop shipping with Walmart, you will need to register with the company. To do this, you will need to go to Walmart.com, click on “sign in” and sign up for a new account. Next, you will be asked for your personal information which includes your name, email address, physical address, contact number and password.
Once you have registered with Walmart, you are now free to create your own store on their website!
When creating your store on Walmart’s website, there are some important things that are worth mentioning if they are not already covered in the process of making your store.
You will want to make sure that when selecting categories for your products, you select categories where the products would be relevant. For example, if you plan on selling makeup items- it is important that makeup is selected as one of the categories so that customers know it’s something they can purchase from your store.
You also want to make sure to include a preview of what customers can expect from each product before they purchase them- this is best done by uploading photos of all the products as well as detailed descriptions about each product (including prices).
Finally but most importantly- make sure to include an email address! Customers will need to contact customer service or ask questions about any orders placed through your store and without an email address they won’t be able to get in touch with you at all!
How do you set up a drop shipping account?
Setting up a drop shipping account is simple. When you go to Walmart.com, click on “Business Solutions” in the top right hand corner. From there, click on “Ecommerce”. This will bring you to their ecommerce website which will allow you to sign up for an account, set up your business profile, and get started with your Walmart dropshipping business.