Walmart Fulfillment Services Offers Incentives for New Sellers, Trust
and Transparency for All
By Jaré Buckley-Cox, Vice President, Walmart Fulfillment Services
March
03, 2022
This
month marks two years since the launch of Walmart Fulfillment Services (WFS),
our low-cost fulfillment solution. During those two years, we have seen
significant growth. Last year, U.S. GMV fulfilled by WFS grew 500%, and
we are expecting robust growth to continue. What the team built from
scratch has grown into a robust business with sellers located around the
world. We’re so proud of how we’ve been able to collaborate with our
sellers to build trust and transparency.
But we’re even more excited about what we’re going to accomplish as we
look ahead. There’s still tremendous growth opportunity with WFS, and we
want to be sure even more sellers can take advantage of it going
forward. That’s why in celebration of our second anniversary, we’re
offering incentives to new WFS sellers who sign up and inbound at least
one item between Feb. 21 and April 30, 2022. Sellers receive free
storage and 10% off fulfillment for the first 90 days*.
The WFS business is growing, and we want to help new and existing
Marketplace sellers grow their business, too. Many sellers who use WFS
to fulfill their items are seeing on average 50% sales growth for those
items.
Also
worth noting, last year, we launched the Walmart Preferred Carrier
Program, which resulted in savings on inbound transportation costs for
participating sellers. So sellers are increasing sales and saving on
expenses. Taking this into account, it’s easy to see why WFS has a more
than 90% retention rate.
There are a lot of fantastic reasons to be part of WFS. WFS has a
simple, understandable fee structure, which builds trust and
transparency between us and our sellers. Items arrive in a Walmart box
and are categorized as “fulfilled by Walmart,” building credibility with
customers and further driving trust and transparency. (Are you sensing a
theme yet?) And if a customer has any issues with an item, they have
access to Walmart Customer Care or can return the item at their local
Walmart store, of which there are over 4,700 in the U.S. alone. WFS
helps improve the experience for your customers, so they are more likely
to be repeat customers.
At Walmart Fulfillment Services, a win for our sellers is a win for us,
too. With the incentives we’re offering, and the culture we’re building,
it’s the perfect time to come be part of what we’re building, together. |