Walmart Business Streamlines Access to Essentials
Michael Hemsworth — February 23, 2023 — Business
References: business.walmart & drugstorenews
Walmart Business has been launched as an eCommerce site for small and medium-sized businesses (SMBs) and nonprofit customers alike to help streamline access to essentials. The platform will eliminate the complexity related to purchasing, while also lowering costs and providing more opportunities to serve both their customers as well as their communities. The platform offers a curated collection of more than 100,000 items that are all seamlessly categorized to help make the navigation through the various offerings much easier.
Senior Vice President and General Manger of Walmart Business Ashley Hubka commented on Walmart Business saying, "For months, we’ve been working with SMBs and nonprofits to build solutions just for them, with tools tailored to help teams run smoother, have the right items on hand and easily find products to meet their needs."
Image Credit: Walmart
Senior Vice President and General Manger of Walmart Business Ashley Hubka commented on Walmart Business saying, "For months, we’ve been working with SMBs and nonprofits to build solutions just for them, with tools tailored to help teams run smoother, have the right items on hand and easily find products to meet their needs."
Image Credit: Walmart
Trend Themes
1. Ecommerce Streamlining - There is a trend towards eCommerce platforms aimed at streamlining purchasing processes for SMBs and nonprofits.
2. Curated Product Offerings - Platforms with curated offerings, like Walmart Business, are becoming increasingly popular in the B2B eCommerce retail space.
3. Community-focused Platforms - Community-driven eCommerce platforms, like Walmart Business, provide opportunities for SMBs and nonprofits to better serve their communities.
Industry Implications
1. B2B Ecommerce Retail - Walmart Business is a disruptive player in the B2B eCommerce retail industry, with potential to streamline purchasing processes for SMBs and nonprofit customers.
2. Nonprofit Services - Platforms like Walmart Business could disrupt the nonprofit service industry by providing easier access to affordable essentials for organizations in need.
3. Small Business Management Tools - Walmart Business and other B2B eCommerce platforms aimed at small business and nonprofit customers are disrupting the market for management tools tailored to these organizations.
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