Hey guys what's up it's Noah and welcome back to the channel so in today's video we're gonna be discussing a topic that is not really discussed on YouTube and I'm gonna be showing you how to apply for a seller account so you can sell on the Walmart Marketplace if you've been following me on Instagram or your in my facebook group which you should definitely join the link for that is in the description below then you'll know that I recently applied for a second selling account on Walmart for my second business in my opinion there's a lot of potential for sellers who are able to get in early to start selling on Walmart we all know that Amazon dominates the e-commerce space over 50% of all ecommerce sales in the United States happen on Amazon but that doesn't even compare to how large Walmart is so if you just take a look at the company revenues this is not going to break down how much is on e-commerce how much of Walmart is actually done online but just to take a look at the actual amount of revenue that each company did you'll see that Amazon which is widely regarded as one of the largest companies in the world did two hundred and eighty billion dollars last year in 2019 and then if you take a look at Walmart which is the largest retailer in the world they did over five hundred billion dollars in 2019 so this is still a company that does almost double what Amazon did last year on top of that Walmart is putting a lot of funding into their e-commerce site as well as they're trying to expedite the onboarding process for allowing new sellers.
When I tried to apply for my first business about three months ago the application process was a lot harder than it is now and I believe as time progresses the application process for selling on Walmart is going to become easier now why should you want to sell on Walmart aside from them being a massive company there's only about 33,000 sellers according to this article compare that to Amazon where there's several million sellers on the platform and Walmart has around the same amount of traffic to their website so yes there are a lot more hoops to jump through but if you are able to start selling on Walmart there's a lot less competition which means there's a lot more opportunity so now that I've Illustrated why in my opinion selling on Walmart is going to be a great opportunity for not only my business but for every other business and they do state in their Terms of Service that you do need to have the full rights to sell the product so that's why on my I always recommend wholesale that's also why you can't really do online arbitrage but in this video I'm just going to break down the entire application process so first step to selling on Walmart is that you're going to go to Google and you're gonna type in sell on Walmart this is going to bring up the top search result which is going to be sell your products on Walmart marketplace so once you click that link it's going to bring you up to this page this is kind of like their funnel or their homepage to show you all the benefits to becoming a Walmart partner and partnering to sell on the Walmart marketplace from here what you're going to do next is you're going to click apply and that's going to start the application for you to sell on Walmart that's going to bring up the marketplace application where you're gonna see all the steps listed out as well as at the bottom they're gonna recommend what you should have as this is required information for the application you're gonna need your US business tax ID you're gonna need your W 9 or a w 8 on hand you're gonna need an EIN verification letter from the Department of Treasury you're gonna need a US business address and a planned integration method that just means how you plan to upload your items and you're also going to need your primary product categories what your items are what are you actually selling or what do you plan to sell on the Walmart marketplace
That's pretty much all the information that they're going to ask you from there you're just gonna click start application and it's going to bring you up to the company registration page you're gonna fill in your first name your last name your email address and your then you're gonna verify our email address you're gonna verify the reCAPTCHA you're gonna fill in your phone number as well as your job title and then you're gonna fill in your legal business name and then from there you're gonna fill in your US tax ID that's either gonna be your EIN or your t IM and then from there you're going to either upload a w 8 or a w 9 so a w 8 would be if you're an international business and a w 9 would be if you're a business entity a sole proprietor or anything else like that in the United States so since I'm in the US I'm going to select W 9 and then you'll see that it automatically has my company set in the US and if I select w 8 I have to select where my company is incorporated so W 9 I guess in the US and then you're also going to have to upload all of your documents so I just have to put a mandatory disclaimer and say that I am NOT a legal tax professional all the in formation provided in this video is just from my experience and is only for educational purposes so I'm going to show you what I did for my w9 I went to Google and I type in w9 form then from there you're going to click on the one where it says irs.gov so the only website that you should click on is irs.gov and there you will be able to download a w-9 form so you're going to fill this out with all your business information your business name
What type of business you are and all the other information like your EIN then you are going to upload that to the Walmart marketplace and you would do the same thing for a w8 and you're also going to have to upload an EIN or a document with your EIN or a document showing with your EIN and your business address so once you upload those two documents you're then going to hit upload attachments and then those documents are going to be uploaded to the Walmart application so the next thing that you're gonna put is you're going to put your business address after that you're gonna put a DBA if you have one if you don't have one they say to just put your legal company name also they say that you should put your company website they don't require it but I highly recommend that you do fill in the website just because the more information that you provide the better it's going to look on your application and the more chance that it has of being reviewed and being approved the other information that I recommend that you put is a Duns number so like you'll see right here they say this is not required however if you do put this information in it's going to make your business look more legitimate as well as it's going to say your application apart from everyone else who's applying if you're not familiar with what a Duns number is it's a free number that you can register with dun & bradstreet this is basically used for business credit and keeping track of your business so what you can do is you can go on dun & bradstreet and you can register a number and then you should get that within I got mine within two weeks so once you get that then you can go ahead and you can register your number put it in and then after that are you transporting goods from another country so you can click no do you sell items in these categories and if you do then you would click yes or you would click the category that you do sell on it from there once you have filled in all this information you're gonna click Next so the next page is the product and integration page and from here you're just gonna be filling out some information about your business so you're gonna put your average online revenue and they give you some tips on what that you're supposed to put in then you just select the category so you know are you apparel and accessories baby beauty are you in computer and hardware and then from there you are also going to fill in your Amazon seller name and you're gonna put in your Amazon store URL after that you're gonna put in your catalogue sighs do you have a hundred SKUs do you have 200 SKUs 300 products whatever your catalog is you're just gonna be filling it in there and what percent of your SKUs are refurbished mine was zero and again what percent of your SKUs do not have value PC codes again that's zero for me what percent of your SKUs are used zero for me so you would fill this in according to your business and how are you planning to integrate with Walmart
So you can either go directly through a portal what this means is that you can use either API you can use bulk upload or you can single upload every product or you can use a solution provider like EECOM - cellebrite or you can use channel advisor all the lists that I showed you before and so I went with using solution providers you can go ahead and you can do direct through portal and if you are going to use solution providers then you're just going to select which one so you can actually use API here so I used channel advisor which is right here channel advisor and if you were doing through API and maybe another software then you would just select API and then from there you're going to select next and it's going to bring you up to shipping and operations so on the shipping and operations page they're just gonna ask you some information about how you shift products as well as where your warehouse is located so does your business have offices or warehouses outside of the US mine is going to be no and you would of course put this according to your company so select the state for your incorporation so for me that was in New Jersey so whichever state you're incorporated in that's what you would put so I'm just going to select New Jersey and then the year of foundation so mine wasn't 2016 you would put whatever year that your company was founded in and then can you fulfill orders by 2:00 p.m. Monday through Friday for me that is yes again you would do this according to your information so the next thing is current shipping methods and then you're gonna select all that apply so for my business its UPS FedEx USPS and FBA and then if you use DHL or an other one then you would go ahead and select those then you would go ahead and you would verify your warehouse dress and then from there you would go why would you be a good fit for Walmart marketplace so what I put here for this information is that I put that my company sells on a lot of other marketplaces I said that I sell on ebay I offer my products on my own website I offer my products on Amazon and I think that I would be a great fit for the Walmart marketplace because I have a lot of unique products that are currently offered on Walmart for higher prices and I also have products that are not offered on Walmart so this is a value proposition you're just gonna be listing out a few reasons as to why your business would be a good fit for Walmart and you don't have to overdo it but just list some reasons why you think that your business would do well on Walmart or why Walmart should accept you so after you've filled in all this information you're just gonna hit complete application and then it's going to update your page and then you're going to see whether or not you've completed the application so from there I've now successfully submitted all the information as well as my application and I now have what's called conditional approval this means that you can log in to your back-end for selling on Walmart the seller dashboard for Walmart and you're not going to be able to upload any items as well as you're now going to have to complete your company profile for the Walmart marketplace so to give you a quick overview of everything that you're going to need to do this is going to be your account creation so you're just going to have to go ahead create a password create security questions and then you're gonna create your account and I also recommend that you do not use a Walmart account that it already exists use a different email and then from there.
You're just going to sign the agreement you're going to read through the Terms of Service no one actually reads through them but you're going to have to just click that you read them then you have your company registration so you're gonna have to fill in all of your company information they're going to ask you different jobs so you're gonna have to say who is the manager who is the shipping manager and you're gonna have to fill in all the jobs any information for a Walmart then they're gonna ask you about taxes they're gonna ask you you're gonna have to fill in basically all of your tax information and your tax policies for your business and then for payment and info there are two ways that you can register for payment with Walmart you can use pioneer or Payoneer and that's going to link directly to your bank account and the other one is that it's called its I forgot the name of the company but they integrate with PayPal so basically when you - payment info you're going to select what payment method you want and if you select through PayPal you're gonna have to log in create an account with this third-party service provider so it's actually called hyper Wallet it says right here and then from there you're going to connect hyper wallet to either your bank account or it's a PayPal and that's another way that you can get paid on Walmart and then your shipping info is you're just going to be putting how you're going to be shipping you're gonna be filling in your shipping profile you're gonna be filling in all the different tiers so are you gonna be doing seven day are you gonna do be doing two to five do you have expedited shipping and that's basically the entire account creation as well as the profile for your business and after that you are going to be able to log in to the onboarding process for your Walmart marketplace so once you create your account you're gonna get this email that says congratulations you've been conditionally approved to sell on Walmart and then from there you're just going to need to go ahead and you need to go through the other steps so you're going to need to set up your company profiles that means setting up the different shipping profiles setting up the return policy setting up your tax policy setting up your policy for your privacy for your customers so you're basically setting up your entire account information as well as your entire business profile your business name everything and you're gonna have to upload all that once all that is uploaded then there are several check marks that you have to complete when you're applying for Walmart so there are several steps when you're applying for an account and after you've actually applied for all that after you've filled in all the information then you are going to select I am ready to go live and once you select that you're ready to go live you're gonna get another email that is going to say that you should hear back from us within 48 hours so for me it was actually not after 48 hours what happened was is that I contacted Walmart and they said that they were gonna still gonna get back to me so I was actually about after a week after a week what happened was is I received a call from the Walmart verification team they called me up they asked me about my name they asked me my business name they asked me the email address that I use to go ahead and sign up for the account as well as a couple of other information and then after all that and after I talked with them they hung up and then I got this email that said - congratulations we've officially approved you for your Walmart marketplace sellers list application and then from there you're still going to have to and you're still going to have to wait to be on boarded and your products are not going to be live yet but after that and after a little bit more contact information with them then your products are going to be live and you're going to be able to start selling on a Walmart so that's basically the entire overview of how to apply to sell on Walmart of course there is some other info you're going to need to go and you're going to need to spend the time to fill it all the company information the profile the different profile for your team so you're shipping team and everything like that your tax information but once you've filled in everything and you've clicked that you're ready to go live and you go through the onboarding process then if you actually use a service provider and you use a software that can go ahead and bulk upload your items it's relatively easy to get your items up on Walmart if you're using a software that can bulk upload it if you're gonna be doing it individually it is pretty difficult but like I said just use a service provider get your items up there and then you can start selling on Walmart so thank you guys for watching I hope you guys enjoyed this video if you did be sure to go ahead and smash the thumbs up button also subscribe if you're new I make weekly content about wholesale and selling online so I'll see you guys in the next video peace
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