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Negative Keywords Have Arrived

By Jon Elder
October 28, 2026

It’s about freaking time, Walmart.

Let’s be real: for years, running Walmart Sponsored Products felt a bit like throwing cash into a blender and hoping for the best. Why? Because you couldn't block irrelevant search terms. You just had to sit there and watch your budget bleed out on low-intent, brand-adjacent nonsense.

But the dark ages are over. As of last week, Walmart Connect has officially rolled out Negative Keywords for Sponsored Products.

Why You Should Care (And Stop Whining About ACOS)

If you’ve been treating Walmart Ads like a neglected stepchild because the efficiency sucked, your excuse just evaporated. This update closes a massive feature gap with Amazon Ads. You can finally add exact and phrase negatives at both the campaign and ad group levels.

Translation? You can stop paying for clicks from people who have zero intention of buying your product. Expect a beautiful drop in your ACOS over the next two weeks if you actually do your homework.

Your Weekend Homework: The "Stop Bleeding Cash" Playbook

Do not just sit there and celebrate. Log into your account right now and execute this game plan:

  • Pull the data: Pull your 30-day search-term report for every active Sponsored Products campaign.
  • Axe the freeloaders: Find every single term that has high spend but exactly zero conversions. Slap them into a phrase-match negative list.
  • Block the rivals: Got competitor brand terms you have absolutely no business bidding on? Lock them down as exact-match negatives.
  • Rinse and repeat: This is not a "one-and-done" situation. Set a calendar reminder to re-run this exact report in 7 days, and then 14 days.

Welcome to modern advertising, Walmart sellers. Let's go fix those margins.

Hello Mexico & Canada!

In yet another way Walmart has copied Amazon, you now have access to their new Exports program where your USA inventory can be shipped to customers in both countries WITHOUT any local inventory presence. How sweet is that?

You are actually auto-enrolled, believe it or not. If you sell through WFS, your catalog is listed in the program.

Also, no need to create any new listings. Walmart takes care of all of that for you!

NO added fees! This is the best part of this program. It’s NO COST to you. For now, Walmart is soaking up the extra fees to make this happen.

Go ahead and review your settings by going to Settings, Shipping Profile tab, Seller Fulfillment, Walmart Exports. Voila!

You can further adjust your return settings for international orders by going to Settings, Returns, Walmart Fulfilled Returns and tweaking it there.

That’s a wrap for today! Not the sexiest news, but you can see how Walmart is stacking brick by brick. Their 3P seller empire is growing, and you get to profit handsomely. What’s not to love about that?

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