Walmart.com is the third-most-shopped retailer in the U.S., surpassing Target, Costco, and eBay. It’s no secret that the retail giant has been working hard to catch up to Amazon in all things ecommerce. Last year, they launched Walmart Plus, their answer to the Amazon Prime membership program and also ran Deals for Days, their version of Prime Day.
Walmart to host new savings event exclusively for Walmart+ Members
This year, as part of Walmart’s Deals for Days annual event [June 2nd through June 10th], Walmart will also be hosting a new event called Walmart+ Weekend [June 2nd through June 5th] for Walmart+ members only.
“Our Walmart+ members loved early access to our Black Friday events, so we were inspired to create an entire weekend dedicated to the best deals,” said Chris Cracchiolo, senior vice president and general manager at Walmart. “Giving members more of what they want with exclusive, unprecedented Black Friday-like savings allows us to celebrate our members in a fun, new way.”
According to Walmart’s announcement:
“This is the best weekend to join Walmart+, as only members will have access to the deepest discounts on thousands of the hottest summer items, from a Shark vacuum to a Minnie Mouse playhouse and Samsung Galaxy S7. They’ll also have the opportunity to score popular items like PlayStation 5 consoles, Pit Boss Pellet Grills and Gateway Laptops. On top of the deals, customers who sign up in a Walmart store during Walmart+ Weekend and become a paid Walmart+ member will get a $20 promo code off their next online purchase.”
Of course, Walmart’s Deal for Days event will extend beyond the weekend with plenty of opportunities for brands to get their products in front of new and existing customers. Below is a recap of how to make the most of Walmart’s upcoming event including best practices for brands.
What is Walmart Deals for Days?
Amazon launched Prime Day in 2015. Now, nearly every major retailer runs a rival sale around the same time as Prime Day — and Walmart is no exception.
Last year, Walmart hosted a “Deals for Days” sale from June 20 to 23, 2021. The sale featured deep discounts on a variety of products, including electronics, apparel, kitchen gadgets, and much more.
The promotion led to a spike in sales on Walmart.com, with Gross Merchandise Value (GMV) 25% higher during this year’s Prime Day (June 21-22) vs. a normal day (June 14-15). Electronics saw the biggest jump in sales, with GMV in the electronics category 62% higher compared to a normal day.
How do brands advertise on Deals for Days?
Advertising on Walmart.com via the Walmart Sponsored Products program can give your items a boost in visibility and sales. Sponsored Products is a year-round CPC (cost-per-click) service, but it’s particularly useful during a shopping surge like Deals for Days or the holiday shopping season.
Best practices for brands selling on Deals for Days
The best way to approach Sponsored Products for Deals for Days is to think about which of your products could benefit from a push during the sales event.
Ideally, these products are high-performing SKUs that fit into one of the top Deals for Days categories:
- Home products
- Small appliances
As shoppers look for Walmart deals on products in those and adjacent categories, a Sponsored Product listing makes it more likely that they’ll come across your product as well. To turn those impressions into conversions, your product does need to be competitively priced with Walmart’s deep discounts.
Walmart also recommends following this checklist for the best Sponsored Products campaign results:
- Product is in stock
- Product is winning the Buy Box
- Product is published
- Title is accurate and specific
- Images are high quality
- Description includes all relevant details
- Variants information is included
- Keywords are relevant to products in ad group
- Branded and seasonal keywords are included (if applicable)
Learn more about advertising on Amazon Marketplace in this guide.
The Tinuiti Advantage for Walmart Advertising
As of May 2021, Tinuiti is proud to be Walmart Advertising API partners.
“As one of the first firms to focus on the Amazon Marketplace, we’ve tested and learned a lot over the years. Now, as leaders in this space, we’re writing the playbook on Walmart advertising, while dedicating the time and resources needed to develop our partnership to align with Walmart’s growth,” said Nii Ahene, Tinuiti’s chief strategy officer in the announcement earlier this year.
With seller success at the foundation of every decision we make — coupled with our deep understanding of Walmart’s advertising capabilities — we thoughtfully work to increase your exposure on and off-site, regularly adjusting campaigns as needed based on performance.
“First and foremost, we need data and we need learnings, and this is why we have our autos (automatic campaigns) set at the foundation. We leverage our autos for more placements, more opportunities to perform, and more opportunities to generate performance data. We then leverage that performance data to identify key strategic products to break out into manual (keyword) targeted campaigns.”
– Stuart Clay, Associate Director of Marketplace Strategic Services at Tinuiti
Ready to expand beyond Amazon advertising, or take your existing Walmart advertising strategy to the next level? Contact us today to learn more about how Tinuiti’s Marketplace Team can help you make the most of your Walmart sales through the industry’s most comprehensive Walmart marketing program.