Online shopping has seen an incredible rise because of the pandemic and the ensuing lockdowns. Indeed, total e-commerce sales for 2021 were estimated at $870.8 billion, an increase of 14%, according to the Commerce Department. But not all stores are faring the same and consumers are very particular in terms of what makes an online shopping experience worth their time and money.
By Yaёl Bizouati-Kennedy
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So what makes Walmart more attractive for online shopping? Keep reading to find out.
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What Puts Walmart at No. 1 for Online Shopping?
There are a few offerings that have likely helped to boost Walmart ahead of the others.
Walmart+
According to experts, getting in the top spot is a combination of several factors, including the Walmart+ perk, Walmart’s same-day on-demand shopping service.
“Target does offer a similarly priced same-day delivery service called Shipt, but it doesn’t have as many benefits as Walmart+. In addition to free same-day delivery, Walmart+ also offers free ground shipping with no order minimum, and member prices on fuel and prescription meds,” Vissers said.
The Walmart+ Partnership With American Express
Another benefit (for some) Walmart+ members is its partnership with American Express, which was announced in October 2021.
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Variety of Items
Another factor that is appealing to consumers for online shopping is Walmart’s huge variety of items. Indeed, while Walmart, Target and Costco all offer highly navigable websites and apps, and have a convenient online checkout process, Walmart sells a much larger number of items than Target or Costco, Merchant Maverick’s Vissers said.
Catering to a Wide Range of Consumers
Some experts also note that another driver for Walmart is that the retailer has made tremendous efforts to cater to various audiences online.
Gaining Access to Talent and Knowledge
Walmart’s omnichannel strategy that entailed purchasing successful e-commerce businesses, such as Jet.com, Bonobos and ModCloth, gave Walmart overnight access to the talent and know-how required to build a best-in-class online experience.
Accessibility
“With more than 5,000 stores nationwide, Walmart has made the claim in recent years that 90% of Americans live within only 10 miles of one of their stores. This goes back to the convenience of one-stop shopping while giving shoppers full control over how and where they receive online orders,” Cheng said. “Walmart has made BOPIS super easy, whether shoppers want the convenience of curbside grocery pick-up or prefer visiting a store because they’re concerned packages will be lost or stolen off their doorstep. Plus, nearby stores give shoppers an easy way to handle returns and receive in-person customer service, as needed.”
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