Tag Archives: Jet.com

Walmart Unleashes Bold Strategy To Take Amazon Head-On

Walmart has just issued its strongest response to the growing Amazon threat, since its acquisition of e-commerce newcomer Jet.com last summer.

Last week, Walmart announced an unlimited free delivery program offering free, two-day shipping on over 2 million items, with no need for a membership fee.

  • Walmart has done away with it’s  “ShippingPass” program that charged customers $49 a year, just about half the cost of an Amazon Prime membership.
  • Walmart said that ShippingPass customers will receive a refund on their membership, since the program is no longer required in order to take advantage of free shipping.
  • Last week, Wal-Mart announced free two-day shipping program to compete with Amazon Prime program. Wal-Mart also decreased its minimum order amount to $35 from $50, but experts think that Arkansas-headquartered retailer giant is far from denting Amazon’s business.

A new Slice Intelligence report suggests that Amazon.com, Inc. captured over 53% of total online e-commerce growth in the US in 2016, up from 40% a year earlier. Other ecommerce and retail players were battling for the rest of the 47% of the market share.

However Walmart has become agile and is now operating like a start-up reacting quickly to test ideas to capture new customers that includes this free shipping strategy.

Walmart U.S. eCommerce Marc Lore stated in a media briefing “I couldn’t be more excited. We are moving at the speed of a startup. In today’s world of e-commerce, two-day free shipping is table stakes. It no longer makes sense to charge for it.”

Battle of the Brands: David vs. Goliath – Does Size Matter?

In a crowded commerce world, it’s critical to move quick to capture new customers and drive conversion. 1WorldSync has you covered with our new eBook, ‘Battle of the Brands: David vs. Goliath’ that includes strategies on how to move quick to capture new eCommerce market share. This eBook will demonstrate that bigger doesn’t always mean better and how David can compete with Goliath all year long!

Download the eBook now

Are You Ready to Get Your Products to Walmart.com and Jet.com? Learn more

1WorldSync Product Information Cloud solutions help 25,000 global customers engage the elevated expectations of today’s omni-channel shoppers.

Further, 1WorldSync is a strategic partner of Walmart and has been facilitating product content exchange for Walmart manufacturers and suppliers for more than a decade. As a certified Content Service Provider to Walmart, we can help you get your product content to Walmart.com and Jet.com.

“Great News for Suppliers: Walmart’s Acquisition of Jet.com”

Consolidation: To bring together (separate parts) into a single or unified whole; unite; combine.

Generally speaking, market consolidation – be it health insurance, airlines or phone carriers – has not necessarily been good thing for consumers. Rather, it’s traditionally meant the potential for future price increases as a result of less competition. But faster than you can click BUY NOW on your shopping app, that’s all about to change. Enter in the biggest news in business and retail – Walmart’s deal to purchase Jet.com, one of the hottest new names in e-commerce. The world’s largest retailer has been getting a lot more aggressive in e-commerce over the past year in the quest to expand its online inventory and set aside $2 billion over the next two years to grow on the web.

The deal could help Walmart become the No. 2 online retailer and position the company for even faster e-commerce growth in the future by expanding customer reach and adding new capabilities. And that’s GOOD NEWS for consumers because according to the folks at Walmart, they plan to win by staying laser-focused on one thing: the customer.

That plan includes adding 1 million products per month, primarily through third-party vendors selling via Walmart.com. And that right there is GREAT NEWS for suppliers. Suppliers that were smart to get into Jet.com now are a part of Walmart’s community and their products will be shopped even more than ever. Not already on board? Then your company could have the potential to be one of those one million products added.

Make it easy and partner with 1WorldSync. Our Catalog1 solution allows suppliers to organize and centralize all of their product information in one place in the cloud. When ready to extend Catalog1 for sales, distribution and compliance, there are a number of value added applications that can be added. Your company’s products can get to Jet.com, Amazon, Google and beyond.

Want to find out more? Download our new eBook, “How Suppliers Can Conquer the Product Information Challenge To Grab the First Mover Advantage,” and gain the competitive edge you need in this every changing, ever growing eCommerce world.