In contrast to other marketplaces, to be a seller on Walmart, you do not require an account subscription fee. Nevertheless, similar to a few other marketplaces, Walmart requires a referral fee somewhere between 6% to 20% of the selling price of your product, based on its category.
Among the advantages of selling on Walmart Marketplace is the retail giant does not charge initial configuration or monthly maintenance fees. In contrast to its rivals, who charge a variety of fees outside of referrals, this fee structure makes selling on Walmart a much more lucrative, low-cost alternative for many brands.
There are three things regarding payment you should consider when determining whether you wish to sell on Walmart’s Marketplace.
Once a customer places an order, Walmart activates an authorization hold on the order. This hold persists until it receives a confirmation that the seller has dispatched the product.
After completion of this step, Walmart.com will charge the amount from the customer’s account. In other words, Walmart reports sales on the date the seller ships the order and not on the order’s creation date.
When you sell on the Walmart Marketplace, Walmart requires you to pay a referral fee per sale. This differs depending on the product category. There are no hidden or additional charges.
At Walmart Marketplace, you can kiss your worries about a stack of fees goodbye. All that Walmart charges you is a referral fee. In contrast to its rivals, the retail giant does not require you to pay any regular maintenance charges to have a seller account, which is common practice with other online marketplaces.
The amount of the referral fee that you need to pay is as per the product category you are selling. The average referral fee for products is 15%.
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