Walmart Enhances Walmart+ To Compete With Amazon Prime: Key Differences Unveiled

Zinger Key Points
  • Walmart kicks off Walmart+ Week in an effort to compete with Amazon and its Prime Day deals
  • Walmart+ members can save on fuel, get free delivery and more during Walmart+ Week
Loading...
Loading...

In a bid to compete with Amazon.com‘s AMZN Amazon Prime, Walmart WMT has announced Walmart+ Week, a membership program with a range of benefits.

What Happened: Walmart+ offers a variety of perks, including free shipping, store delivery, fuel savings, and a Paramount+ streaming subscription. The program is priced at $98 per year, making it cheaper than Amazon Prime, which costs $139 annually, reported The Street.

Walmart’s membership program also includes limited auto maintenance at Walmart Auto Care Centers, cashback on select travel expenses, and members-only prices during specific promotions, such as Black Friday. The program also allows for mobile shopping in-store.

See Also: Donald Trump’s Planned Visit To Black Church In Detroit Draws Backlash From Critics Who Say He Didn’t Do

Walmart’s program is an answer to Amazon Prime, which offers free shipping and returns, access to Prime Video streaming, savings at Whole Foods Market, and access to the Amazon Prime Rewards Visa Signature Card, among other benefits.

Why It Matters: The launch of Walmart+ Week comes amid a fierce competition between Walmart and Amazon. Both companies are vying for a larger share of the market and are employing innovative strategies to achieve this. During the week, Walmart+ members will be able to enjoy benefits such as free express delivery, three free months of Walmart+ InHome, a mystery offer available on June 20 and more.

Walmart’s new program is likely to attract more customers, especially with its unique perks such as fuel savings and a Paramount+ streaming subscription. The program’s lower cost could also make it an appealing alternative to Amazon Prime.

Read Next: Trump’s Niece Says Ex-President Wants To Be ‘Free And Clear’ To Go After His Political Enemies: ‘Our Best

Photo: Shutterstock

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Large CapNewsTop StoriesGeneralAmazon Primee-commerceretailStories That MatterWalmart+
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...