Walmart vs. Amazon (All You Need To Know)

If you are in a dilemma on where to shop and get the best deals on your favorite items between Amazon and Walmart, here is Walmart vs. Amazon all you need to know.

Amazon and Walmart are currently the largest retailers globally. They both have an online presence where customers can order and receive their items. According to Statista, Amazon had a 37.8% share of the US market by June 2022, and Walmart was number 2 with a market share of 6.3% of the United States market share. The two giant retailers are battling for space in your shopping cart. Here is all you need to know about Walmart vs. Amazon.

Table Of Contents

Who Offers Lower Prices Between Walmart and Amazon?

Walmart wins when it is compared to Amazon in terms of prices. Research done by LendEDU in 2018 found that if you shop for 50 identical items from Walmart and Amazon in various categories, such as entertainment, kitchen appliances, and home goods. You will have to use 10.37% more on Amazon compared to Walmart.

How Much Do Amazon Prime and Walmart+ Cost?

Prices for Amazon Prime increased in February 2022, the prices have increased to $14.99 for a monthly subscription and $139 yearly. The Amazon Prime student membership prices increased to $7.49 per month and $69 per year. Walmart plus is a bit cheaper than Amazon Prime. It will cost you $13 for a monthly subscription and $98 for an annual subscription. The membership has various benefits, such as scan and go, free delivery, and many others.

Delivery Services

Initially, Amazon offered free two-day delivery on prime, but now the deals are even better. They are now offering a one-day delivery on over 10 million items. And if ordering groceries, prime members can receive their groceries for free in two hours. On the other hand, Walmart will give you free two-day shipping on items worth $35 or more to all customers and no limitation on the amount spent for their Walmart plus subscribers.

Exclusive Deals

Walmart and Amazon each have had their promotions and sales events since 2015. Consumers have marked their calendars with the annual two-day event known as Prime Day, during which Amazon members can have exclusive discounts in their online shopping carts. Walmart's answer to Prime Day made its debut in 2021 and ran in-store and online for four days.

Although membership is not necessary to participate in the sales, customers who sign up for Walmart+ frequently get first access to all the deals. Additionally, the $98 annual subscription, according to the company's website, entitles members to free same-day delivery on more than 160,000 items, 10 cents discount per gallon at 14,000 gas stations, and other discounts all year long.

How Does Walmart+ Compare to Amazon Prime?

There are lots of benefits to subscribing to Amazon Prime or Walmart prime. On Amazon, annual subscribers are eligible for free two-day shipping with Amazon Prime. They also enjoy a 10 percent discount on sales items at the whole foods market. Other deals include;

Unlimited movie and TV streaming.
Free unlimited photo storage with Amazon Photos.
Unlimited music streaming.
Unlimited video streaming. Amazon Prime members receive streaming from prime video and a standalone service for only $8.99 per month.
Offer discounts on prescriptions and pharmacy services. The two retail giants have offered their customers savings on prescriptions. Amazon Prime members have free two-day shipping on medicines. Members can get up to 80% offers if they are not using insurance in over 60,000 pharmacies.
Free games at prime gaming.
Unlimited reading of books from Kindle.
Prime Day and Prime Early Access. They also enjoy early access to deals, 30 minutes before non-prime members. Amazon also offers prime members an exclusive prime deals day, where members get deals on electronics, cookware, and other items.

In Walmart plus, you get;

Free shipping and delivery.
Gas discounts of up to 10 cents per gallon at Exon, Morphy, Mobil, and Walmart gas stations.
Scan and Go helps you skip the long waits in line by simply scanning the item's UPCs.
Access to Spotify. Members receive a 6-month free Spotify premium access.
Access to early deals.
Shopping rewards.
In-home delivery of groceries.
Discounts on prescription and pharmacy services. Walmart plus members also receive up to 85% savings in over 4000 Walmart pharmacies. Once you are a member, you get a pharmacy saving card, and you can present it to any of their pharmacies.

For example, Walmart plus offers better than Amazon Prime, scan, and benefits. Customers do not have to line at the counter; they can conveniently scan their shopping with their phones.

Grocery Shopping on Walmart+ and Amazon Prime

Since Amazon acquired the whole foods market in 2017, Amazon shoppers have enjoyed many benefits. Still, it is prime members who are enjoying most of the benefits. Prime members are eligible for tons of grocery and beauty deals with the organic grocer. They get weekly deals and 10% off on items with yellow signs. Prime members in some regions, like big cities, get free delivery of groceries, meats, and pantry items.

In Walmart plus, grocery prices are lower than on Amazon. They also have a wide range of products available in their deals compared to Amazon. Walmart has expanded its food items, local produce, and organic products over the years. They have also added household essentials such as cleaning products, diapers, and pet foods in their offers. Lastly, members get to enjoy same-day delivery of groceries.

Does Walmart Price Match Amazon Items?

Yes, but with some restrictions, Walmart will only honor to match a price if you find the item at a lower price in other online stores such as Target, Amazon, and the big box stores. To get the order matched, you must contact customer care at walmart.com before placing your order. Besides, the product has to be available in the same model, size, color, brand, and quantity.

Bottom Line

Amazon is still the online retail giant, but Walmart is following closely and with greater offers and discounts. If you want to choose which site to shop at, compare the prices of the items and buy those that you find affordable.