1. Introducing Walmart Marketplace Fees
If you’re thinking about selling on Walmart Marketplace, you’re probably wondering what fees you’ll be charged. In this article, we’ll break down all the fees associated with selling on Walmart Marketplace, so you can make an informed decision about whether or not it’s the right platform for your business.
First, let’s start with the basics. Walmart Marketplace is a marketplace platform that allows third-party sellers to sell their products directly to Walmart customers. It’s similar to other marketplace platforms like Amazon Marketplace and eBay.
As a Walmart Marketplace seller, you’ll be charged two types of fees:
1. Marketplace fees: These are fees charged by Walmart for listing your products on their platform and for each sale that you make.
2. Shipping fees: These are the fees charged by Walmart for shipping your products to customers. Shipping fees are based on the shipping method that you select and the weight and dimensions of your products.
Now that we’ve covered the basics, let’s take a more detailed look at each of these fees.
There are two types of marketplace fees: listing fees and sale fees.
Walmart charges listing fees for each product that you list on their marketplace. The listing fee is a flat fee, and it depends on the category of your product. For example, the listing fee for a product in the Electronics category is $0.20, while the listing fee for a product in the Home & Garden category is $0.40.
In addition to listing fees, Walmart also charges sale fees for each sale that you make. The sale fee is a percentage of the total sale price, and it also depends on the category of your product. For example, the sale fee for a product in the Electronics category is 6%, while the sale fee for a product in the Home & Garden category is 8%.
As we mentioned earlier, Walmart charges shipping fees for each order that you ship to a customer. Shipping fees are based on the shipping method that you select and the weight and dimensions of your products.
Walmart offers four shipping methods: Standard, Exp
2. How Much Does It Cost to Sell on Walmart Marketplace?
If you’re thinking about selling on Walmart Marketplace, you might be wondering how much it will cost you. Fortunately, Walmart Marketplace is a fairly affordable option for sellers. In this article, we’ll break down the fees associated with selling on Walmart Marketplace so you can make an informed decision about whether or not it’s the right platform for your business.
First, let’s take a look at the listing fees. Walmart Marketplace does not charge listing fees, so you can list as many products as you want without having to worry about any upfront costs. However, Walmart does charge a final value fee of 10% on all sales, so you’ll need to factor that into your pricing.
In addition to the final value fee, Walmart also charges a referral fee of 3% on all sales. This fee is charged on top of the final value fee, so your total fees for selling on Walmart Marketplace will be 13% of your sale price.
Now let’s take a look at the payment processing fees. Walmart Marketplace uses a third-party payment processor called Worldpay. Worldpay charges a flat fee of 2.9% + $0.30 per transaction. So, if you sell a product for $100, your total payment processing fees would be $3.19.
Overall, the fees for selling on Walmart Marketplace are fairly reasonable. With no listing fees and only a 13% sales fee, it’s one of the more affordable options for sellers. And, with a flat-rate payment processing fee of 2.9% + $0.30 per transaction, you can easily budget for your payment processing costs.
3. What Are the Benefits of Selling on Walmart Marketplace?
If you’re thinking of selling on Walmart Marketplace, you might be wondering what the benefits are. After all, there are a lot of different marketplace platforms out there, so why choose Walmart?
Well, there are actually quite a few reasons why selling on Walmart Marketplace can be a great choice for your business. Here are just a few of the benefits that you can enjoy:
1. Reach a Huge Audience
When you sell on Walmart Marketplace, you’ll be able to reach a massive audience of potential customers. Walmart is one of the biggest retailers in the world, so there’s a good chance that your target market is already shopping there.
2. Enjoy Lower Fees
Compared to other marketplace platforms, Walmart Marketplace actually has quite low fees. You’ll only have to pay a referral fee of 6%, which is significantly lower than the fees charged by platforms like Amazon.
3. Benefit from Walmart’s Reputation
When you sell on Walmart Marketplace, you’ll be able to benefit from the retailer’s reputation. Walmart is a trusted brand that is known for offering great value, so customers will be more likely to buy from you if they see that you’re selling on the platform.
4. Get Access to Powerful Tools
As a seller on Walmart Marketplace, you’ll have access to a range of powerful tools that can help you to run your business more effectively. For example, you’ll be able to use the platform’s listing tool to create professional-looking product listings.
5. Enjoy Great Customer Support
If you ever need any help or assistance as a seller on Walmart Marketplace, you can rest assured that you’ll be able to get great customer support. The platform’s team is always on hand to help you with any problems that you might have.
Overall, there are lots of great reasons to sell on Walmart Marketplace. If you’re looking for a platform that can help you to reach a huge audience and benefit from low fees, then Walmart should definitely be at the top of your list.
4. How to Get Started Selling on Walmart Marketplace
Selling on Walmart Marketplace can be a great way to reach a larger audience and boost your sales. However, getting started can be a bit daunting. In this blog post, we’ll give you a step-by-step guide on how to get started selling on Walmart Marketplace, as well as some tips on how to be successful.
1. Create a Walmart Marketplace account
The first step is to create a Walmart Marketplace account. You can do this by going to marketplace.walmart.com and clicking on the “Sell on Walmart” button. From there, you’ll need to create an account and provide some basic information about your business.
2. Choose your product category
Once you’ve created your account, you’ll need to choose a product category. Walmart Marketplace offers a wide range of product categories, so you should be able to find one that fits your products.
3. List your products
After you’ve chosen your product category, you can start listing your products. Walmart Marketplace uses a listing tool called “Product Launcher” to make this process easy. You’ll just need to enter some basic information about your product, such as the name, price, and description.
4. Set up your payment method
Once you’ve listed your products, you’ll need to set up a payment method. Walmart Marketplace offers two options: direct deposit or PayPal. If you choose PayPal, you’ll need to provide your PayPal email address. If you choose direct deposit, you’ll need to provide your bank account information.
5. Wait for approval
Once you’ve completed all of the above steps, you’ll need to wait for your account to be approved by Walmart. This can take a few days. Once your account is approved, you’ll be able to start selling your products on Walmart Marketplace.
We hope this guide has been helpful. If you have any questions, please feel free to ask in the comments section below.