Well, there may be no denying the reality that the whole lot-awaited shopping season is set to begin. Black Friday is on our doorsteps with limitless possibilities for sellers all over the globe. As black Friday is near, let's dig in and find out all we need to know about Walmart and its black Friday sale.
The Walmart Marketplace allows third-party sellers to list their products on Walmart's website, similar to Amazon and eBay. With categories spanning everything from fashion to electronics, it provides sellers an opportunity to get their merchandise in front of Walmart's large customer base.
During the holiday sales season, sellers can discount their products to attract buyers. As a seller, you set your own pricing and go live once your products are loaded.
Take stock of what products you have available and identify best-sellers to discount. Removing old products can make room for new inventory.
Let customers know about your Black Friday deals on social media. Targeted campaigns tend to have better engagement and conversions.
Offer gift sets or bundles of popular products to encourage larger orders per transaction.
Inform your customer list about your limited-time Black Friday promotions to create urgency.
Make sure delivery and logistics are updated to get purchases to customers quickly.
Prepare for unexpected issues so you can still capitalize on this big sales opportunity.
With proper planning and preparation, the Walmart Black Friday sale provides sellers an invaluable chance to boost brand awareness and revenue. Their wide customer base presents opportunity to connect with new buyers open to deals.
Key benefits include no signup fees, ability to sell internationally using Walmart's platform, and a large customer base. Walmart also allows a wide range of products to be sold year-round.
It's best for sellers to start preparing inventory and planning promotions 1-2 months in advance of Black Friday weekend sales.
Posting deals across social platforms like Facebook and Instagram tends to work well. Targeted campaigns focused on the specific products discounted have better results.
Product bundles encourage customers to purchase more items per order. Gift sets also tap into shoppers looking for presents around the holidays.
Emailing previous customers highlights that discounts are only available for a limited-time, creating urgency around the promotions.
Providing free or fast shipping on Black Friday orders helps ensure customers get their purchases quickly.
Backup plans account for any unexpected issues, so sellers don't miss out on sales during one of the biggest shopping days of the year.