“Walmart Deals” Promo Aims Close To Amazon Prime Day Time Slot

 

June 27, 2024

BENTONVILLE, AR – On the heels of its Walmart+ Week event (ended June 23), Walmart (pictured here at Prosper Show 2024 in Las Vegas) has announced “Walmart Deals”, scheduled for July 8 at 5:00 p.m. ET to July 11 at 11:59 p.m. The Arkansas-based retail giant touts the promotion as its “largest savings event ever.”

According to a June 24 news item on Walmart.com, “all customers can shop ‘Walmart Deals’ on Walmart.com and the Walmart app beginning at 5 p.m. ET on July 8, making it easier than ever to save money while discovering new items for summer with hyper-personalized content and a curated experience that makes the shopping fast and fun.”

Thousands of deals are planned for popular categories such as electronics, home, toys, and travel—including items for the back-to-school season. Walmart+ members will have early access to shop the hottest deals of the season beginning at noon ET – five hours before non-members. Walmart is offering a full suite of pickup and delivery options—from in-store pickup to early morning delivery, late-night express delivery, and next- and two-day shipping.

 

Prosper Exhibitor Payoneer Reveals Small Business Growth Ambitions

NEW YORK, N.Y. – Prosper Show exhibitor Payoneer (pictured here at Prosper Show 2024 in Las Vegas) released its second annual small- and medium-sized businesses (SMB) Ambitions Barometer, which surveyed nearly 3,800 SMBs across 15 countries in early 2024 to gauge factors critical to growth.

“We are seeing unprecedented global growth opportunities for the world’s entrepreneurs and small businesses, who are leading a new wave of globalization,” said John Caplan, CEO of Payoneer. “Forty-six percent of SMBs we surveyed are reporting that their customer base is international, up four points from last year. At the same time, SMBs are facing an ever-growing number of macro challenges and are preparing to drive efficiencies by adopting AI technologies, partnering with more vendors, and breaking into new trade corridors.”

Key themes emerging from this year’s SMB Ambitions Barometer indicate:

  • SMBs are turning to AI-powered tools and working with more vendors to support growth ambitions:A majority of surveyed SMBs are planning to use or are currently piloting AI to help with customer service (62%), merchandising (64%), inventory management (62%), content creation (62%), competition analysis (64%), and supply chains (63%).
  • On the supply chain side, SMBs are diversifying their supply chain, working with 29 vendors (including law firms and marketing agencies) on average, up from 21 two years ago, in a proactive response to macro events. Nearly two-thirds believe having a diverse and global vendor network helps protect their business against global disruptions.
  • SMBs are expanding their customer base by growing into new trade corridors: Two in five SMBs (40%) are prioritizing Europe and Central Asia to grow their customer base over the next five years, up from 33% in 2023.

“The opportunity for SMBs to unlock growth from accessing global demand is enormous,” said Bea Ordonez, CFO of Payoneer. “Our research shows that SMBs continue to expand their businesses across borders, extending their reach into new markets and trade corridors. To do this, SMBs are embracing digitization and innovation and working with a range of technology enabled vendors and partners who can empower and facilitate their global ambitions.”