Did you know that in 2019, Walmart added 10 million products to its online store? Walmart does not directly sell the vast majority of these items; rather, marketplace vendors do.
In 2020, the retail giant launched Walmart Fulfilment Services, a new program that lets marketplace sellers keep inventory and ship through Walmart's fulfillment centers, as well as Walmart Plus, their version of Amazon Prime.
Walmart.com has quickly moved to the top of every Amazon seller's mind. Each month, they get nearly 100 million unique visitors, and they have more than 100,000 third-party sellers.
Walmart is well-known for many reasons, like low prices and being able to buy everything you need in one place. Walmart could be a great partner for you if you own an online business and have been thinking about expanding into new areas.
But how does it actually operate? And what exactly are the advantages? So you must continue reading to find out more. Let's go!
Walmart fulfillment services (WFS) is a service that helps Walmart marketplace sellers handle their order fulfillment. By letting WFS handle their fulfillment needs, sellers can focus on building their business while cutting costs.
WFS is part of the Walmart Marketplace, which gives sellers access to a huge network of delivery service companies. Walmart has a large fulfillment network that sellers can use to store, pick, pack, and ship their goods to customers.
Using Walmart's Seller Centre platform, sellers can easily handle and track customer orders, look at customer profiles, and control their inventory. It is a cheap way for small sellers to improve their fulfillment process and increase their online sales.
But the question is, How Does WFS Work?
Just like with FBA, WFS lets you store your goods at a fulfillment center that WFS has chosen. At the moment, sellers are responsible for getting their own inventory ready and bringing it to Walmart. However, Walmart will soon be able to accept items from sellers.
When a customer makes an order through Walmart.com, Walmart will pick, pack, and ship the items on your behalf, saving you the trouble of dealing with logistics.
Walmart also takes care of everything that happens after a WFS order is sold, like refunds and customer service calls. You can also take part in Walmart's Free & Easy Returns program, which lets customers send or bring back items.
Who is permitted to use WFS?
The primary target audience for Walmart Fulfilment Service (WFS) is third-party sellers who are interested in using Walmart's infrastructure for order fulfillment. A seller can submit an application to become a member of the program, and Walmart may have certain rules and criteria that must be met in order to participate.
Note: Walmart charges sellers for storage, picking, packing, and shipping services. These fees may be different based on things like the size and weight of the products, how long they need to be stored, and how far they need to be shipped.
Is WFS the best choice for your business?
Now that you know what Walmart Fulfilment Services is and how it works, you may be wondering if it's the right choice for your e-commerce business. To help you decide, let's take a closer look at the kinds of businesses that can gain the most from WFS:
1. Small and medium-sized companies - WFS can be a game-changer if you run a small to medium-sized internet business. It lets you compete with bigger stores because you can fill orders as quickly as they do.
2. Companies that want to grow - WFS can help you grow if you have big plans for progress. With Walmart's huge delivery network, you can easily grow your business without having to worry about logistics problems.
3. Companies focused on how customers felt - WFS is a big advantage for companies that want to give their customers the best experience possible. Faster shipping and reliable service can make customers happier and help businesses get good reviews.
When you use WFS for your business, there are perks and benefits like;
Delivery speed is a major benefit of WFS. Walmart's huge logistics network speeds up product delivery, improving the shopping experience. This can boost consumer satisfaction and repeat business.
Inventory management can be difficult for e-commerce enterprises. WFS's real-time inventory tracking and management solutions simplify this. This lets you monitor stock levels, reducing stockouts and overstocking.
WFS stands out for its cost-efficiency. You can save on warehouse, labor, and shipping by outsourcing fulfillment to Walmart. This cost-cutting can boost your profits.
Partnering with Walmart through WFS gives you huge customer reach. Walmart can increase your business's credibility and expose your products to more people.
Here are the simple actions you need to take to get started in WFS.
1. Create a Walmart Seller Account: If you don't already have one, you'll need to make a seller account on Walmart's website.
2. Apply for WFS: You can apply for WFS once you have a selling account. Walmart will look over your application, and if you are accepted, you can start the process of being hired.
3. Please send your items: Get your items ready to be sent to one of Walmart's fulfillment centers. Make sure they meet the rules for packing and labeling.
3. Manage your listing: Use Walmart's seller portal to keep track of your product ads and stock.
4. Monitor your performance: Keep an eye on how your orders are filled and how your customers feel, so you can make any necessary changes.
Reminder: Walmart has rules and restrictions about what kinds of goods can be fulfilled through WFS. Some groups, like dangerous materials and perishable goods, may have restrictions or requirements.
Online business in the future with WFS!
Walmart Fulfilment Services (WFS) is a strong option for online sellers who want to make it easier to get orders to customers. WFS can be an essential tool for your online store thanks to its fast delivery, low costs, and access to Walmart's huge customer base. If you want to take your business to the next level and make your customers happier, you might want to look into what WFS has to offer.
Remember that in the highly competitive marketplace of online purchasing, the key to success can be how well you handle orders. Choosing Walmart Fulfillment Services (WFS) could be the smart move your business needs to rank higher than the competition and do well in the digital market.
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Is WFS accessible around the world?
In September 2021, most people in the United States could use WFS. However Walmart has been growing its e-commerce services, so for the most up-to-date information on foreign availability, it's best to check Walmart's official website or call their customer service.