Walmart Rewards Will Help to Boost Sales at Walmart Pharmacy

Walmart Rewards marks the latest new offering in the Walmart+ customer benefits. Walmart Rewards is a new and easy way for Walmart+ members to earn additional savings toward future Walmart purchases.

In the U.S., the company’s Walmart+ membership incorporates several service offerings which provide enhanced omni-channel shopping experiences and benefits for members.

Walmart introduced its “flywheel” strategy in 2021 as a productivity loop with at the center is the customer and offers the company to add new engagement platforms and profit centers.

As it executes on the company’s strategy, the flywheel is accelerating through offerings such as the Walmart Connect advertising business, Walmart Fulfillment Services, the health and wellness business, including Walmart Health, and the financial services business.

Walmart has a long history in retailing and pharmacy operations. Walmart operates pharmacies in more than 4,600 stores and around 600 Sam’s Club locations in the U.S, with more than 500 pharmacies.

Last year, Walmart launched Walmart+ Rx for less to Walmart+ members. Walmart+ Rx for less joined a growing list of benefits offered to Walmart+ members.

The program delivers additional savings on the most commonly prescribed medications across a variety of health needs, including heart health, mental health, antibiotics, allergies and diabetes management.

Any member with a paid Walmart+ membership  has access to select medications at zero cost and thousands of additional prescription medications at a discount of up to eighty-five percent.

Since 2006, Walmart Pharmacy patients have saved on prescriptions through the retailer’s industry-changing $4 generics program. Customers will continue to benefit from that program in all Walmart pharmacies. And for those looking to save even more on their medications, membership has its benefits.

Walmart+ members can choose to use the prescription discount program instead of their insurance benefits by presenting their pharmacy savings card along with a valid prescription at any Walmart Pharmacy location. Walmart+ member discounts can also be applied to e-prescriptions provided from a prescriber and transferred to the Walmart Pharmacy. The prescription savings program is administered by MedImpact.

Takeaway: The launch of Walmart Rewards will help Walmart+ members save on prescriptions