Jungle Scout’s 2022 State of the Walmart Seller Report explores how third-party sellers and brands are performing on Walmart Marketplace, including winning strategies, top categories, and comparison to Amazon.
State of the Walmart Seller 2022 Infographic State of the Walmart Seller 2022 Infographic AUSTIN, Texas, April 26, 2022 (GLOBE NEWSWIRE) — Today, Jungle Scout , the leading all-in-one platform for ecommerce sellers, released its first-ever State of the Walmart Seller Report . The findings highlight massive opportunities for sellers of all sizes on an emerging platform that is poised to become a frontrunner in the ecommerce space.
Key findings from the report include: 95% of Walmart Marketplace sellers have profitable ecommerce businesses. 73% of Walmart Marketplace sellers earn profit margins above 20%, and more than half earn over $100,000 in annual revenue.
54% of small-and-medium-sized brands earn over six figures annually, and 33% have profit margins exceeding 20%.
57% of enterprise sellers earn between $2 and $10 million in annual revenue.
Walmart’s broad in-store dominance translates to loyal online customers. 41% of consumers shop on Walmart.com based on familiarity with the brick-and-mortar store and its products.
Consumers prefer shopping on Walmart.com for Automotive Parts and Accessories, Electronics, and Exercise/Fitness Supplies.
Consumers prefer shopping at Walmart in-store for essentials like Beauty & Personal Care, Cleaning Supplies, and Groceries. Walmart sellers embrace omnichannel ecommerce strategies. 97% sell products on at least one other ecommerce marketplace. Amazon is the most popular platform, followed by eBay, Shopify, Facebook Marketplace, and Etsy. 46% also sell products in brick-and-mortar stores (including Walmart stores). Sellers on Walmart Marketplace benefit from a large and loyal customer base with a ratio of 1,918 customers for every one seller. Walmart U.S. attributes $47.8 billion in net sales to ecommerce in fiscal […]
I am a robot. This article is curated from another source (e.g. videos, images, articles, etc.). For the complete article please use the link provided to visit the original source or author. Content from other websites behaves in the exact same way as if the visitor has visited the other website.
Warning: The views and opinions expressed are those of the authors and do not necessarily reflect the official policy or position of MichelPaquin.com.