English

REXI

The Key to Assist The Successful Transformation of Cross-border E-commerce Enterprises


Walmart Platform

Interest

Platform Introduction:

Wal-Mart is an American multinational retail company. It is the first in the list of the world's 500 largest companies selected by Fortune Magazine from 2014 to 2016. With more than two million employees, it is the largest retailer in the world. Wal-Mart is still a family business. Its controlling shareholder is the Walton family, which owns 48% of Wal-Mart.

Wal-Mart's traditional retail industry is strong. At the same time, it has continued to make efforts on the Internet in recent years. It has acquired jet and shoebuy on many online platforms. Through these acquisitions, it has enriched its talents and operating capabilities, and formed its relatively complete online system . Wal-Mart is currently the second largest e-commerce platform in the United States and the only e-commerce company that can compete with Amazon in the future.

Platform advantages:

1) High exposure

According to ComScore, with more than 100 million unique visits per month, Walmart.com has become the most popular platform!

2) authority and credibility

As the world's largest retailer, Wal-Mart has become a trusted brand, often targeting consumers at home. Walmart is particularly suitable if it sells its top product categories, such as electronics, home furnishings and home appliances, as well as sports and outdoor equipment.

3) Low cost

Unlike Amazon, Wal-Mart currently does not charge a monthly fee. Wal-Mart charges advertising fees, depending on the product category. Like eBay, fees are around 15%.

4) Easy trading

Wal-Mart continues to invest heavily in online shopping experiences, from completely remodeled websites to faster checkout and simple transaction methods, such as Wal-Mart Pay.

5) Flexible returns

Sellers can set their own return policies.

6) customer support

As a market, Wal-Mart will provide first-line support for customer service issues. If there are product issues, shoppers will be referred to the official for help.

7) Operational security

Wal-Mart has been selling retail products online since 2000, and its operational security measures are designed to protect both buyers and sellers.

8) Analysis tools

The Wal-Mart market offers great opportunities for multi-channel retailers with more flexibility and reach. Amazon and eBay sellers should consider joining the Wal-Mart market as soon as possible, and market competition is still relatively small.

However, getting approval to sell on the Walmart market is not that simple, as they will carefully select each seller to ensure its market quality. Wal-Mart prioritizes sellers integrating with full-service solution providers.

Entry requirements:

Documents required by Chinese companies:

1: Scanned copy of business license

2: Corporate ID Card, Passport and Shareholder ID Card, Passport

3: Annual turnover of other platforms (not less than 30W USD)

4: There is a US-built warehouse or a U.S. third-party warehouse (if a third party needs a lease contract or a bill)

US company application:

1.American company certificate

2. Director ID, Passport and Shareholder ID, Passport

3. U.S. corporate tax ID EIN

4.Has a U.S. self-built position or a U.S. third-party position

5. Must have a U.S. business address

6. Platform sales data with an annual turnover of not less than 300,000 US dollars

Platform fees:

Wal-Mart only charges sellers a referral fee, which ranges from 6% to 20% of the product's selling price, depending on the category.

https://sellerhelp.walmart.com/s/guide?article=000006011

Platform logistics:

1. In terms of logistics and distribution, Wal-Mart introduced that it has a dedicated team responsible for the picking and packaging of Wal-Mart orders. But its distribution is done by a third party, and the distribution team is only responsible for Wal-Mart's distribution business. Consumers are free of charge when they purchase $ 188 or more, and they can choose to pick up at any of their designated stores.

Wal-Mart's free 2-day delivery service is a plan that guarantees free delivery within 2 working days. Eligible items are displayed as 2-day shipping labels, which can increase product visibility and improve sales and conversions.

APPT

What is your identity type?

What stage do you belong to now?

Which platforms do you have/are you going to open? (Optional)

Which ERP do you currently use?

What types of products do you mainly deal in? (Optional)

Partner Link: Shopee Payoneer Lian Lian Pay YunExpress Winit
Pre sales consultation Pre sales phone

Singy

18826405257

Appointment presentation Wechat consulting