Walmart has announced their latest program called Walmart Restored, designed to help customers discover refurbished products at their renowned everyday low prices. As the nation’s GDP entered its second straight quarter of decline which historically would be classed as a recession, it is no surprise that customers are tightening their purse strings.
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This is where refurbished products can become very attractive prospects for many customers as they look for cheaper alternatives to their desired products. eBay has already noted this pattern in what they described as a surge in pre-loved items on their marketplace.
This offers a fantastic opportunity for third-party sellers that carry refurbished products to open up a new marketplace in Walmart Restored and tap into their impressive audience. For those businesses that are interested in learning more about the Walmart Restored program, you can check out their dedicated information page here.
You can see the full announcement from Walmart below.
Walmart Restored Announcement
“Good as new.
That’s the goal of Walmart Restored, our new program created to help customers discover refurbished products at everyday low prices. In a year when customers are looking for ways to save money, like-new refurbished products have become an increasingly popular way to cut down on costs without sacrificing quality.
At Walmart, we already work with sellers and suppliers on Walmart.com who are committed to refurbishing top-quality products and preparing them for a new home at a fraction of typical costs. And now, those items will be even easier to find and shop with the Walmart Restored program designation. Whether they visit the Walmart Restored section of Walmart.com or see items pop up in search, it has never been easier for customers to shop for quality refurbished items featuring brands like Apple, Samsung, KitchenAid, and more.
When customers buy a product in the Walmart Restored program – whether it’s a laptop or a kitchen appliance – they can be confident they are buying from top-rated performance-managed sellers and suppliers. All products listed on the site have been professionally inspected, tested, and cleaned, and if for any reason a customer isn’t satisfied, we offer 90-day free returns to help enable shopping with confidence.
The Walmart Restored program is helping build trust with our customers by offering fantastic value for shoppers. Online now and in select stores later this fall, the program also gives customers a choice and an opportunity to extend the life of a product.
And what is a launch without a few deals? Just in time for back-to-school shopping, we’re celebrating the start of Walmart Restored with sellers’ promotional pricing on a number of top-name brand items for an even bigger value. Tick off that ever-growing shopping list with good as new products from our top-rated sellers. From headphones to tablets to sewing machines (yes, really!), we got you.”
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