Walmart officially launched a program for business shoppers called Walmart Business, eight years after Amazon launched its Amazon Business procurement program.
Both programs are designed to provide a responsive online shopping experience for businesses sourcing goods for their organization. “Walmart Business simplifies restocking by grouping different items in ways that make sense for your organization,” Walmart said in an announcement Friday.
Additionally, Walmart Business offers multi-user accounts, allowing organizations to add up to five users to one account. Customers can also share payment information, order history, and purchasing power across teams. Eligible organizations can enroll in the Walmart Tax Exemption Program (WTEP) to have eligible taxes automatically removed at checkout. ”
Walmart invited third-party sellers to join the program in October, offering a free 90-day trial of the Walmart Business+ Membership program.
Similarly, Amazon Business offers a business version of its consumer Prime program.
“As we continue to evolve the shopping experience, Walmart is listening to our small business and nonprofit customers to help them meet the challenges they face today and the ever-changing challenges that come with running an organization,” Walmart said. We promise to do that,” Walmart wrote. “We are happy to help our customers save time, money and hassle.”
The full press release is available at Walmart.com.