It is no news that the eCommerce industry is fast growing in today’s world and South Africa is not left behind in this trend. As one of the leading online stores in the country, there have been a lot of agitations on how to sell on Takealot. Therefore, in this article, we walk you through the simplified process of how you can enlist your products on the platform and start making your cool cash without stress.
As simple as online selling may seem, it is not an automatic process to have your goods enlisted on any of the platforms, else, your dreams of selling online will be dead on arrival. This is why you are expected to understand the basics, and based on the information that this article will discuss, you will understand how to go about fulfilling your dream of online selling with Takealot.
What is Takealot?
Takealot is a retail business that focuses on online shopping South Africa with a wide range of products accessible to customers. They have a mission to operate as the most customer-centric online shopping destination as far as Africa is concerned. It is on this premise that they have simplified their operations to ensure that customers take the lead at all times. With their easy-to-navigate website, the company has been able to delight their customers and leave them with a fantastic experience that encourages them to patronise the online store again and again.
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After their official launching in June 2011, Takealot has grown to be one of the leading eCommerce retailers in South Africa. Apart from the subsidised prices on all the products sold on this platform, customers can also place their orders from the comfort of their homes while they have the goods delivered at their doorsteps.
How do I sell something on Takealot?
Just like other online retailers, Takealot offers anyone the opportunity to sell goods on their platform. Understanding and following the simplified processes explained below will help you achieve your dream making money online.
1. Register through their seller portal
How to register as a seller on Takealot? All you have to do is to log on to the Takealot's seller portal and fill in your information. Specifically, you would be required to provide your details, a functional email address and so on. Please note that the information that you are to provide should be authentic. Once you complete your registration, you will be sent a confirmation mail to the email you used to sign up. After that, Takealot will provide you with an online storefront where your products will be displayed.
2. List your products
Once you have registered, the next step is to list the products that you want to sell. Interestingly, there is no limit to the number of products that you can sell on their website. So, you have the freedom of listing as many products as you would.
3. Set a price
For how much are you willing to sell your listed products? Well, you need to place a price on each of the products. However, it is advisable that you should set a price that you know will be affordable by your prospective customers. Do not place an amount that is higher than what they would get in an offline store so that your items can move at a fast rate. Thus, you can make enough money by selling more products.
4. Allocate the quantity of the products listed
Another important thing that you should not forget to do is to put the quantity of each of your listed products. This will help customers know the number of items that they buy in case they want to buy in large quantities.
5. Get the products available
There are two options that you can choose from once you have completed the other steps above in terms of ensuring easy access to the products. Takealot encourages that you send the items that you want to sell to their fulfilment centre so that, once a customer places an order, they can ship the product(s) without delay. Also, you can keep the items in your warehouse, and once an order is placed on it, you can send the number of units to them, but that may take more time.
When you have done everything that is required from your side, it is the responsibility of the Takealot company to deliver every item that a customer purchases on their website to him or her. But then, you should bear in mind that payout on all successful transactions is done every week.
While you will not be charged for listing your items on Takealot, you must bear in mind that there are a few charges that would be incurred to your account. You will have to pay a monthly subscription fee which is R300 based on each account that you hold with them.
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There is also what is known as Success fees which cover the referral fees, transactional costs, and everything that has to do with the platform. If any item is returned, you will be credited back, but if a sale is made, the company will calculate the fees based on a percentage of the VAT and the price that every item is sold for. The details of this are shown in the table below:
Moreover, there is a fee charged for receiving your items into the warehouse as well as for packaging and delivering the items that have been sold to each customer. This is called the fulfilment fees, and it is charged based on combining the weight (kg) and volumetric size (length x width x height in cm3) of the items. The breakdown of this information is also shown in the table below.
At last, if you store your products in any of the fulfilment centres of Takealot, you will pay a storage fee. However, this fee is based on the size of your items that are held in their storage centre, the age, and also the stock cover. If the item has a stock cover that is up to 45 days or more, you will pay between R3.00 and R150.00 depending on the size (which is the length, width or height) of the item.
Now that you have discovered the simplified process on how to sell on Takealot, there is nothing that stops you from achieving your dream. Remember that, to ensure quick sales of your products, make sure that the prices of your products are lower than what customers would buy in an offline store. Also, if you can give your customers quality products, you can be sure of much referrals because the Takealot seller reviews on your items from customers matter so much.
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