BigCommerce Holdings, Inc. (NASDAQ: BIGC) revealed that it has entered into a partnership agreement with Walmart Inc. (NYSE: WMT). This partnership will allow the qualified merchants of the US to sell their products directly on the Marketplace of Walmart Inc. This partnership is a unique chance for the sellers to interact with nearly 120 million unique visitors of Walmart Inc.
The sellers of BigCommerce who are looking forward to selling on Walmart will have the chance to get the review of their applications and start selling on the WMT quickly and efficiently. Furthermore, because of this partnership, Walmart has also offered the $0 commission rates to the sellers who fulfill all the New-Seller Savings offer provisions for a month.
This is the greatest opportunity for the sellers of BigCommerce Inc. VC of Walmart has stated that because of the prevailing coronavirus pandemic the rate of online shopping increases and through the collaboration with e-commerce platform it will be able to provide a more convenient way to its clients so that they start their businesses. The share of BigCommerce skyrocketed 10.86% which has highlighted the positive sentiments of its investors as the firm has disclosed the collaboration with Walmart.
After the partnership, Walmart Marketplace is accessible as a new channel in the BigCommerce channel manager. US sellers will be able to commence selling on Walmart.com immediately after activating the Walmart Marketplace. Moreover, this collaboration will also provide a chance for BigCommerce to synced with Walmart.
Sellers will also be able to select their tech stack after this collaboration. They will be able to connect to compatible partners. Walmart has gained a reputation as the platform of highly respected sellers who offers a variety of products. Through the collaboration, the US sellers will also be able to sell their goods with confidence.