Walmart is one of the most profitable businesses in the world. Their ability to sell a seemingly infinite variety of products at very affordable prices has made them more successful than all of their competitors for decades. And while sometimes Walmart gets a bad reputation for its poor quality and messy stores, there are tons of benefits to shopping at the retail giant.
Looking at a Walmart insurance review will tell you that the store can even help customers find competitive rates on different types of insurance. Their convenient online shopping experience has rivaled Amazon for a long time now, making it easy for customers to shop from the comfort of their homes during the pandemic and after.
We’ll talk about these benefits and more so you won’t miss out on the qualities that make Walmart the famous name it is around the world.
#1 – Walmart Sells A Wide Range of Products
Whether you are looking for bedroom items or apples for an afternoon snack, Walmart is one of the only retailers on the planet where you can get all of your essentials in one trip. Shopping at a traditional grocery store like Kroger or Albertsons leaves you without electronics, home decor, and entertainment options.
This makes Walmart a very family-friendly place to shop. They have video games, TVs, toys, and gadgets that everyone from parents to children will want to buy and they can get them for very affordable prices.
When there is so little time to make extra trips for necessities, shopping at Walmart is a life saver for people who are busy with work, school, taking care of their children, and other responsibilities. It should be recognized that Walmart is not the only retailer that sells a wide variety of products.
Target is a prime competitor in this space, and Amazon gives you the ability to buy basically anything without even leaving the house. Walmart still has several advantages over these options. They have been able to evolve and compete with any other retailer on the planet because of their versatility and capability to adapt.
#2 – More Affordable Prices at Walmart
This benefit is probably Walmart’s most famous one. Everyone knows that Walmart is obsessed with selling its products at lower prices than all of its competitors. Things from toilet paper to kitchen tools are cheaper at Walmart.
If you don’t have time to make a personalized Christmas gift for your loved ones, Walmart sells electronics like laptops and televisions for cheaper prices than Best Buy and Target.
One of the reasons Walmart is able to provide these cheaper prices is because they often sell their merchandise in bulk. This means they can purchase the products from the manufacturer for a cheaper rate and then sell them to the customers at affordable prices.
There is some truth to the argument that you get what you pay for, though. Many people worry they are getting inferior products when they shop at Walmart. This doesn’t have to be true. Walmart sells all of the same name brands sold in other grocery stores.
Make sure you purchase your favorite brands that are recognizable to you and your family and you shouldn’t have to worry about the quality.
#3 – Walmart Sells Online
With the emergence of Amazon as one of the largest online retailers in the world, Walmart could have been in trouble. Shopping online was vital to everyone during the pandemic in 2020 and beyond, and Walmart was able to compete with Amazon in the online shopping space.
One of the advantages of buying online through Walmart instead of Amazon is the ability to return your products to the store if you don’t like them. Amazon also lets you return, but the process is a little more complicated than returning items to Walmart.
Amazon has to work with physical stores to complete your returns. Kohl’s is a popular retailer working with Amazon for returns. Walmart has so many stores around the world, making it easier to return things or exchange them in person.
Another thing you can’t do shopping with Amazon compared to Walmart is place an order for pick-up in-store. This hybrid model of shopping helps you get products at your convenience and get your items before they sell out.
Walmart has shown it will continue to grow with the times we are living in. Their online shopping experience is sure to evolve and compete with the rest of the market for years to come.
#4 – Walmart Helps Sell Services Like Insurance
Part of Walmart’s versatility that we talked about before is its ability to help sell products that simply aren’t sold at other stores you go to on a daily basis. Insurance is one of the most confusing products for many consumers to shop for.
Walmart has made it easier for their customers by partnering with several different insurance companies and helping to sell their insurance for seniors. Aetna, Humana, and Blue Cross Blue Shield are just a few of the names Walmart has associated themselves with and sold their products to customers.
You can also purchase Medicaid through Walmart, and you can get checked by an optometrist. This once again proves how Walmart can serve as a one-stop destination for all of someone’s shopping needs.
This really helps people who don’t have time for more shopping, and it helps older consumers who need a lot of these health services so they can get them while grocery shopping.
#5 – Walmart is a Big Employer
Because of Walmart’s enormous presence in the retail world, they have to hire a lot more employees than most other companies. If you decide to work at Walmart, you will get even more discounts when shopping there. This is a great decision because people who are struggling with money can have a steady job and save money on their essentials.
You can see now why Walmart has grown so much in the last 50 years and why it will continue to serve customers for years to come. They understand what their customers want and need.
They aren’t stubborn in the face of change and their products always come at great prices. It’s a model which should be easy to replicate, but nobody has truly done it yet and customers are showing loyalty to the brand because of it.
Shawn Laib writes and researches for the insurance comparison site, ExpertInsuranceReviews.com. He wants to help people understand which stores can provide products for great prices.
