Walmart Gives Jet.com Facelift With Eye on Urban Shoppers
Walmart Inc. has refurbished its Jet.com site to cater even more to the city dwellers who make up the bulk of its shoppers.
The e-commerce site, acquired by Walmart in 2016, now will offer images and products tailored to the location and preferences of the visitor, the retailer said Sept. 13. Most New York City residents can schedule three-hour delivery windows for groceries and other merchandise, and next month Jet will unveil a dedicated site for Nike and Converse products, which it will sell from its own inventory rather than through third parties.
鈥淚t鈥檚 the next generation of shopping for city dwellers and really brings the personality of their city and local favorites to life,鈥 said Marc Lore, Jet鈥檚 founder and head of Walmart鈥檚 U.S. e-commerce unit.
The changes, some of which were previously announced, follow a redesign of Walmart鈥檚 primary website earlier this year. They illustrate how the retailer sees Jet as its vehicle to lure more free-spending urban shoppers, who typically eschew Walmart because of its down-market reputation. Walmart said in February that it would reduce Jet鈥檚 marketing budget as it was cheaper to reach Walmart鈥檚 traditional rural and suburban customers. Jet鈥檚 traffic has declined as a result.
Jet鈥檚 enhancements include recommendations for home furniture and decor based on the size of a shopper鈥檚 apartment 鈥 a studio, say, or a two-bedroom 鈥 along with a greater assortment of upscale hometown brands, such as artisanal breads from New York鈥檚 Orwashers Bakery. The redesign also plays down Jet鈥檚 purple color scheme to assign different colors to each main shopping category (grocery is green, fashion is black).
Jet is making a big play in the grocery space, where it will go up against entrenched online players such as closely held Fresh Direct and Royal Ahold Delhaize NV鈥檚 Peapod unit in New York City, not to mention Target Corp. and local businesses such as Fairway. The grocery service will let New Yorkers 鈥 except those on Staten Island 鈥 schedule same-day or next-day delivery for a $5.95 fee. A new fulfillment center that is opening in the Bronx this fall will improve and expand the offering.
The relaunch comes as Jet鈥檚 traffic continues to erode. Monthly site visits declined 68% in August compared with the same period a year earlier, according to data tracker SimilarWeb. Jet鈥檚 bounce rate 鈥 the percentage of visitors who leave after viewing just one page 鈥 also increased slightly over the same period.
To bring back shoppers who may have strayed, the online merchant also will unveil a marketing campaign with the tagline 鈥淥ur Carts are Different Here.鈥 That could be a play on Lore鈥檚 use of so-called Smart Carts when Jet debuted, which lowered the price of goods if shoppers were willing to bundle items, use a debit card, or forgo returning the item.
