Walmart is a highly profitable marketplace for dropshippers because it offers access to a big marketplace and Walmart is not a competitive as the other dropshipping marketplaces. You can sell products on Walmart to a huge audience. Because Walmart is less competitive than Amazon. You can sell products on Walmart to a huge audience. Because Walmart is less competitive than Amazon.
In this article, you’ll learn the process of Walmart dropshipping, everything you need to know to get started and answer questions like:
- What is Walmart dropshipping?
- How does it work?
- What are its benefits?
- And many others
What is Walmart Dropshipping?
Basically, dropshipping is an order fulfillment business model where we don’t have to maintain inventory or any physical stocks. Walmart dropshipping is the model of selling products through third-party suppliers on the marketplace or dropshipping Walmart products on other marketplaces.
There are two ways to dropship on Walmart:
- Resell dropshipping products on Walmart from third-party marketplaces like Amazon, eBay SamsClub, Homedeport etc.
- Become a Walmart Dropshipping Vendor
We will highly recommend you to run dropshipping on Walmart using third-party suppliers like Amazon, eBay SamsClub, Homedeport etc. In this method, you won’t have to manage inventory, shipping and delivery because the 3rd-party suppliers will manage by themself. You will just purchase the products from the suppliers for low prices and sell them from your Walmart store for higher prices.
1. Resell dropshipping products on Walmart
Using third-party suppliers (Amazon, eBay SamsClub, Homedeport) you can sell dropshipping products directly to Walmart customers. You can purchase products from third-party suppliers for cheap prices and resell them on Walmart for higher prices. You can get upto 70% profit margin per sale using third-party suppliers
2. Become a Walmart Dropshipping Vendor
You will get a program on Walmart Marketplace where you can become a supplier of the company. In this program, you have to work as a manufacturer or wholesaler supplying goods to Walmart. Either you have to ship your products to any Walmart warehouse or deliver the product directly to the customers using the Walmart DSV program
How To Dropship On Walmart?
If you live in the USA, Canada or Europe then you definitely know what Walmart is, But the thing that you don’t know is, “One dollar out of every fourth dollar that a person spends at any kind of online purchasing goes to Walmart”. This means the people who are selling online on Walmart are earning a FORTUNE every month!!!
Step 1: Apply to Sell on Walmart Marketplace
Visit the Walmart Marketplace page to begin your application. Click on the “Join Marketplace” button, and you’ll get a signup form to apply. Contact Us if you need help to apply on Walmart Marketplace
After clicking the Join Marketplace button, a new window will open in your browser and you will get a signup form to apply on Walmart Marketplace.
In 2023, Walmart changed their seller account creation process and now it is too easy to fill up the form. You just have to enter your email password and business information. Once your application is approved, then you will be able to start selling on your Walmart store.
2. Complete the Onboarding Process
You can onboarding process without verifying your business. So when you will submit your business information, Walmart will take 3 days to verify it.
After successfully verifying your business, you will be able to setup Payment and Shipping.
Walmart currently offers Hyperwallet and Payoneer as payment methods for marketplace sellers.
After adding payment methods, you have to setup shipping details. Once you’ve set up shipping, you’ll need to upload your product inventory and set up your listings.
Step 3: Find Suppliers and Products For Your Dropshipping Business
Finding winning products is very important and the main part in Walmart dropshipping. On a vast marketplace like Amazon, eBay, Sams Club etc there are thousands of products that we can use for Walmart dropshipping. However, we must run down our choices according to customers’ top product choices and the latest market trends.
When researching suppliers and products, you’ll need to pay attention to certain details, including:
- Quality of Products
- Suppliers Location, Shipping & Delivery
- Customers Rating and Feedback
- Good Profit Margin
- Market Trends
Step 4: Set Up Items and Upload Inventory
Once product research is completed, you have to list dropshipping products to your store. You can list dropshipping products in your store using “Set up by match using the Walmart catalog”
How to add products Sell on Walmart Marketplace
- Access “Add Items”
- Enter Item Identifier.
- Enter the Item’s GTIN, UPC, EAN, ISBN or Item ID to Find The Exact Products
- Fill in the Offer Details and Required Attributes.
- Fill out Recommended Content Attributes. …
- Complete General Listing Settings. …
- Submit.
Step 5: Start Selling and Fulfilling Orders
After publishing your products, shipping and fulfillment speed is vital for the success of your store. Walmart provides a 2-day shipping program to help sellers improve their customer experience. Every seller can take the advantage of Walmart’s TwoDay and ThreeDay shipping programs. The TwoDay and ThreeDay shipping program works really great to bring in more and more customers and sell products.
6. Provide Good Customer Service
After-sales service helps to take a business to next level. So when customers will message you for any kind of issue, you have to response as soon as possible and provide good customer service. In Walmart dropshipping, customers will message you for retund issues and sometimes they can message you before purchasing products. By providing good after-sales service, you can win over customers’ confidence and loyalty to our business.
Summary: How to Start Walmart Dropshipping Business in 2023
Walmart dropshipping can be a great platform to increase revenue for your online business. Whether you’re a new entrant or a veteran in the e-commerce industry, Walmart dropshipping will help you gain much-needed exposure, fast.
In summary, here are the 4 steps to dropship on the Walmart marketplace:
- Find suppliers to fulfill Walmart dropshipping orders
- Register on the Walmart marketplace for selling
- Complete seller onboarding
- Start fulfilling orders using suppliers