Introduction:
Walmart’s “Done for you” stores are fully run online businesses that make money. Although minimal engagement is needed, there is a significant upfront investment and a revenue-sharing arrangement with the service provider. In the completely controlled Walmart “Done for you” store, sellers behave more like silent investors. In addition to listing you on Walmart, the e-commerce management team will brand your store, optimize the business for expansion, set up automation and workflows, and take care of anything else that maintains your Walmart site generating sales. A portion of your sales is used to pay the automation providers. Through Walmart Marketplace, vendors receive passive income in exchange.
What is Walmart Automation Service:
A business that specializes in running Walmart Marketplace stores for account owners is known as a Walmart automation service. Walmart automation services are paid with an upfront fee and a portion of the revenues. Because it reduces financial risk, these services usually employ the dropshipping business model. To put it simply, Walmart automation is simply giving a third-party service permission to dropship from your account and divide the earnings with you.
This business model is intended for investors who wish to fund an e-commerce venture but lack the necessary skills or don’t want to manage it themselves. You can be a silent partner, which calls for you to establish a relationship and trust with the service provider. But investing in a Walmart “Done for you” without understanding e-commerce can be dangerous if you’re unaware of how to run a store.
How does Walmart Automation Work:
Walmart automation uses optimized operations in conjunction with software. Depending on store management services, certain procedures may be done by hand, but for investors or brands, everything is handled. As a result, some people might call it automated, while others might call it somewhat managed.
They list your brand after they have all the information regarding your company. The store is set up and products are posted after the supplier imports the goods. After that, they begin promoting through a variety of channels, and when sales begin to come in, they often ship orders straight from the source.
What it Takes to Build a “Done for You” Store at Walmart:
Creating a store on Walmart is quite tougher than creating a store on Amazon. Walmart comes with a condition that you must have experience in selling products. Walmart automation service can assist you with the “Done for you” store if you don’t have any of those. You will need to go elsewhere if they are unable to get you onto the Walmart marketplace. If your company and products fit the requirements, you can sell on Walmart’s marketplace by growing your current e-commerce business.
1) Have a Registered US Business:
You must first have an established US company. You must have a tax ID and register your business in a state. To operate in your state or with your products, you must have your own corporate location, business name, and any required licenses. Additionally, your company’s records must match those of the IRS.
2) Record of Online Selling:
In addition to having an established firm, you also need to have a track record of e-commerce success. A few things will need to be sold through a different channel. An e-commerce platform, another online marketplace, or a private online store could be that channel. This demonstrates to Walmart that there is a market for your goods and that you are ready for online sales.
3) Compliant Products:
Walmart wants your products to meet two conditions. First, the Walmart Prohibited Product Policy must not be broken by your business. These include temperature-controlled goods, tires, explosive goods like paint and lighter fluid, and regulated goods like alcohol and firearms. Moreover, a unique barcode number in the form of a GTIN/UPC GSI Company Prefix is required for each item. In warehouses, it facilitates shipping and logistics.
4) Reliable Order Fulfillment:
At the warehouse level, Walmart requires you to have a strong order fulfillment record. You have two options: use a third-party warehouse that manages returns (business-to-consumer) or use Walmart’s Fulfillment Service (WFS).
Your Walmart Automation partner can assist you in finding the answers or handle it themselves if you don’t have all the prerequisites. However, they will do most of the application work if it’s a “Done for You” store.
What are the Benefits of Walmart’s “Done for You” Automation:
1) Order Process:
Automatic order processing is one of Walmart’s most important automation concepts, as it provides business owners with a passive source of income. Advanced technology used by Walmart automation handles orders automatically, cuts costs, reduces errors, and enhances operational inefficiencies.
2) Tax Exemptions:
Walmart’s automation also contributes significantly to tax reductions or exemptions. In the end, it increases the profitability of every state by efficiently reducing the total amount of taxes you could be required to pay at the federal, state, or local levels.
3) Setting up Your Store:
Walmart automation software will set up your store automatically without your assistance, so even if you intend to launch your business there and oversee every aspect of it, you won’t need to do it yourself once you’re involved.
4) Product Research and Listing:
Product listing and research are other crucial components of any Walmart business. Walmart’s automation will automatically look up various products and compile a list for you. Only in-demand products that are likely to be sold and bring in more money are listed by the software.
5) Order processing and Repricing:
Order processing, repricing, and all other related tasks are automated by Walmart. Additionally, it handles the onboarding procedure, which is thought to be one of the most important parts of running a Walmart shop.
6) Inventory Management:
Inventory management plays a vital role in running the Walmart store smoothly. Inventory management receives sufficient attention from the majority of business owners. Walmart shop owners must keep an eye on their inventory. Your company’s sales, inventory, orders, and deliveries will all be automatically tracked when you integrate Walmart automation.
7) Confirm Shipments and Tracking:
Walmart automation is important for tracking and confirming shipments, processing orders, and maintaining inventory. The Walmart automation tracks cost, total time, and owner profit while automatically verifying shipments.
8) Store Performance:
Walmart automation can be used to improve store performance when it becomes necessary. Furthermore, it completes audit management quickly and reliably.
Reasons to Opt for “Done for You” Automated Store:
Here are some reasons why one should go for the walmart done for you store:
- Enhanced inventory management
- Time saving and efficiency
- Passive income generation
- Rise in the e-commerce industry
- React faster to consumer demand
- Improves the merchant and customer’s experience
- Speeds up several time-consuming tasks
Conclusion:
Walmart is an emerging marketplace and new business owners are considering Walmart over Amazon. This is because Walmart has a lot to offer to its customers. With Walmart’s “done for you” automation, you can make huge profits without putting in any extra effort because the automation will do the work for you. So if you’re planning to step into the e-commerce business, Walmart has to be your go-to-place.
