Reduced Referral Fees for Specific Products!
Great news for sellers of specific outdoor and observation products! Walmart has permanently reduced the referral fee from 15% down to 8% for the following items:
- Hunting trail monitors (game cameras)
- Binoculars
- Telescopes
- Spotting scopes
- Night vision goggles
This change, effective immediately, provides a fantastic opportunity for sellers in these categories
For starters, you will immediately benefit from an evident increase in profit margins. This significant cut from 15% to 8% can substantially enhance profitability, especially for those dealing in high-ticket items.
What’s more, with the augmented profit margins, you now possess the flexibility to offer your products at even more competitive prices. This can naturally increase your sales volume, giving you an edge in the Walmart marketplace.
With the promise of better profits, we encourage you to expand your inventory of these specific items. A more favorable fee structure can potentially drive more sales, and you would want to be prepared for that surge.
So ensure you review your pricing strategy to stay competitive and capitalize on this fee reduction.
Enhanced Shipping Options with “Ship with Walmart”
Walmart continues to prioritize your convenience as a seller. Recent updates to the “Ship with Walmart” program introduce:
- UPS Services: Purchase discounted shipping labels from UPS directly within the Seller Center, streamlining your shipping process.
- Insurance Options: Starting from just $0.33, you can now insure your shipments, providing added peace of mind for both you and your customers.
- Signature Confirmation: For those precious packages, introduce the signature confirmation add-on to ensure it gets into the right hands.
These additions not only enhance the shipping experience but also aim to increase trust and reliability with your customers.
Expanded Carrier Options for More Flexibility
Shipping efficiency and variety are vital in e-commerce. Recognizing this, Walmart has introduced 10 new shipping carriers to the platform:
- Shypmax
- WIN.IT America
- PITT OHIO
- PostNord Sweden
- Equick
- Whistl
- Tusou
- Shiprocket
- DTDC
- PTS
As sellers, you’re encouraged to use these specific carriers over the general “Other Carrier” option. This provides more clarity and accuracy in the shipping process.
And a gentle reminder: always ensure you submit valid tracking numbers upon updating orders to the ‘Shipped’ status. This maintains transparency and trust with your clientele.
