Walmart, one of the world’s largest retailers, offers an extensive range of products at competitive prices. However, savvy shoppers can uncover even more savings with the right strategies. In this article, we’ll explore expert-approved Walmart shopping hacks to help you stretch your dollar further.
Hack #1: Understand Walmart’s Pricing System
Walmart’s pricing strategy is indeed centered around Everyday Low Price (EDLP), with additional strategies like market-oriented and fixed-rate pricing. Here’s a breakdown:
Everyday Low Price (EDLP)
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Walmart’s core pricing ideology
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Offers consistently low prices on staples and essentials
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Eliminates need for frequent sales and promotions
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Focuses on maintaining low prices daily
Market-Oriented Pricing
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Prices adjusted based on local market conditions
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Competitor pricing and regional demand considered
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Helps maintain competitiveness in specific markets
Fixed-Rate Pricing
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Sets fixed prices for specific items or categories
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Provides price stability and predictability
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Often used for private-label products or staples
Other pricing strategies Walmart employs:
Value-Based Pricing
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Prices based on product value and quality
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Premium prices for high-end or specialty items
Psychological Pricing
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Prices ending in .97, .99, or .00 to create perceived value
Promotional Pricing
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Temporary price reductions for specific items
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Used to drive sales, clear inventory, or promote new products
Hack #2: Utilize Walmart’s Savings Apps
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Walmart Mobile App: Access exclusive discounts, coupons, and services like Mobile Express Returns.
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Savings Catcher: Get refunds if a purchased item’s price drops.
Hack #3: Leverage Coupons and Discount Codes
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Walmart Coupon Policy: Combine manufacturer coupons with store coupons.
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Digital Coupons: Load coupons directly to your Walmart app or website account.
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RetailMeNot: Find verified Walmart promo codes.
Hack #4: Shop During Sales Cycles
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Weekly Ads: Check Sunday papers or the Walmart app for weekly sales.
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Seasonal Clearance: Shop post-holiday sales for discounted items.
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Manager’s Specials: Look for in-store markdowns.
Hack #5: Buy in Bulk and Stock Up
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Non-Perishable Items: Purchase in bulk to save on staples.
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Bulk Bin Items: Buy items like nuts, grains, or candy in bulk.
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Store Brand Options: Opt for affordable, quality store-brand products.
Hack #6: Take Advantage of Store Services
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Price Match Guarantee: Get a price match if an item’s price drops.
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Free Shipping: Use Walmart’s free shipping on online orders over $35.
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In-Store Pickup: Save on shipping with in-store pickup for online orders.
Hack #7: Shop Store Brands
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Great Value: Walmart’s store brand offers affordable, quality products.
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Ol’ Roy: Save on pet food with Walmart’s popular store brand.
Hack #8: Avoid Shopping When You’re Not Needed To
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Avoid Impulse Buys: Stick to your shopping list.
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Shop During Off-Peak Hours: Avoid busy shopping times.
Bonus Tips
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Use Cashback Apps: Earn rewards with apps like Ibotta or Fetch Rewards.
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Walmart Credit Card: Earn rewards and discounts with Walmart’s credit card.
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Clearance Sections: Explore hidden gems in store clearance sections.
Conclusion
By incorporating these Walmart shopping hacks into your routine, you’ll:
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Maximize savings
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Stretch your dollar further
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Become a savvy Walmart shopper
Remember, every dollar counts, and with these expert-approved strategies, you’ll be well on your way to saving big at Walmart.
Happy shopping!