Fees (all excluding vat) They charge a R25 delivery fee and also 10% of item. This is an important difference as stored at their warehouse has storage fees (after 35 days). Fees These fees are charged as a percentage of the VAT inclusive selling price per item sold and is credited for returned items. 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. Many online selling platforms in South Africa are … These fees are charged as a percentage of the VAT inclusive selling price per item sold and is credited for returned items. You can learn more about Shopify here. VAT), All items less than R250 selling price (incl. Takealot is selling the same fan, without a discount, for R1,939. Its a R129 item. Every month you pay back 1 ⁄ 6 th or 1 ⁄ 12 th (depending on which plan you choose) of the total advanced amount plus the monthly cost. Comes with two protective cover cases. The Samsung Galaxy S10 cellphone is still in good condition. Safe, secure, online shopping for Cellphones … Account fees range from $0 to $39.99 per month, and product fees range from 6% to 20% of the product’s selling price, with the average seller paying 15%. So I did. Takealot’s policy of free returns and “we’re only happy when you are” is a policy that can only be sustained by a venture backed company or once with a benefactor such as Naspers. Have you ever thought about selling goods online, but are unsure as to what you need to do and how much you will have to pay? “And since they are not subject to the same selling fee as their marketplace sellers, they can then undercut their sellers and be able to compete at a much lower price,” it added. Set the prices and quantity to sell. These fees are charged as a percentage of the VAT inclusive selling price per item sold and is credited for returned items. Free Returns Ship the products to Takealot … These charges can range from zero rands to R1800. Takealot Selling Fees You should know that you are not charged for listing your items on Takealot, but you will incur charges to your seller account. They cancel orders for whatever reason and then charge these fees to a sellers account, without the seller canceling the order. You can pay early and save. Not I have been billed almost R 2000 for 'storage'. A seller can also set the retail price and selling price, so when you see "was R9999, now R299, its the individual seller, not takealot who has done this. In this way its cheaper to dropship from China then to manufacture anything local. Fast, reliable delivery to your door. Fast, reliable delivery to your door. While Takealot can certainly be considered just another online sales channel you should tread very carefully. Many ways to pay. Storage fees that are charged based on the size of the product the third party want to sell as well as the number of days the item remains in stock. The company will handle returns on the seller’s behalf, and the goods also qualify for its free shipping. You can choose to cancel your account at any time. Is Takealot a good platform for small businesses to sell on? The short answer is no, it is simply too expensive, the longer: it depends, Takealot has trust and traffic, that being said Takealot Marketplace benefits only itself, it might be ruinous to sell on. Takealot review Wow I didn’t know there would be so many terrible reviews about Takealot, I’ve always used takealot bought my textbooks there, Christmas decorations, phone cases, desks etc and always got my things on time and in great condition Many online retailers offer users the ability to sell goods on their platform, and third-party marketplaces often contribute substantial percentages to a store’s revenue. VAT) R24 per item shipped (Maximum of R56 per order) A Returns Processing Fee will be applied to units returned by customers: R56 per item How much it costs to sell stuff on Takealot, Behind-the-scenes look at Takealot’s massive distribution centre, Eskom stage 2 load-shedding to continue over the weekend, Mobile subscribers compared – MTN vs Vodacom, Getting Greener & Cleaner with Dell Technologies & Pinnacle ICT, OceanStor Dorado All-Flash Storage increases database performance while lowering costs, Google Maps now lets you draw missing roads, The SABC wants DStv to pay for its channels – Why it won’t work, What to watch on Netflix, Showmax, and Video Play this weekend, Bad news for load-shedding – Eskom in serious trouble, 20 Bethesda games now available on Xbox Game Pass, If it weren't for us, there would be more music piracy - YouTube, Books, Music, Movies, Games, Toys, Health, Baby, Home, Pets, Office, Pool, Sport, Outdoor, Fashion, All items greater or equal to R250 selling price (incl. When requesting why this is done, takealot decides to ignore sellers rather than provide a reason or ever providing a refund for the unlawful charges. Takealot.com is one of the big dogs when it comes to e-commerce (online shopping business) in South Africa. The HP Ink Tank Wireless 530 3-in-1 Printer is selling for R3,499 on Takealot - HP’s list price for this printer is R1,000 more. There are different types of delivery services in Takealot. VAT), A Returns Processing Fee will be applied to units returned by customers, Item with a stock cover of 60 days or more. They cancel orders for whatever reason and then charge these fees to a sellers account, without the seller canceling the order. Shop anything you can imagine: TVs, laptops, cellphones, kitchen appliances, toys, books, beauty & more. Fast, reliable delivery to your door. Although their commission payouts aren’t fantastic, something is better than nothing. Takealot will indicate on the relevant product pages when products are for sale by a Third Party Seller. In order to sell it I have been asked to send 30 items to each warehouse. Fulfilment fees start at R25 and go up to R325 based on weight and size. To get your comments published, make sure it is civil and adds value to the discussion. Takealot was officially established in the year 2011. Small businesses cannot absorb the losses that Takealot can. Takealot, South Africa’s most popular online store, offers a Seller Portal to those who are interested in selling goods through its website. Retails for R849 on takealot. Takealot infrastructure includes three distribution centres (Western Cape, Kwa-Zulu Natal and Gauteng) totalling 75 000m2 as well as 50 pickup points in all nine provinces. Cellphones | Available online at great prices on takealot.com, South Africa's leading online store. Storage fees that are charged based on the size of the product the third party want to sell as well as the number of days the item remains in stock. Shop the mobile app anytime, anywhere. Contacted Takealot, they contacted the seller who just sent them a photo of what's in the package, they sent me those images and said well that's what's included. Lead time means that you deliver the products to Takealot only once orders come in for it. Amazon seller fees include account fees and product fees. Reactions: Hellhound105 and Petebarrac. Shopify charges a monthly fee to use the platform and they also take a percentage of your sales revenue. Storage fees (After 35 days) However, a Takealot delivery fee is commonly included within the price of the product. One Day Only’s deal is just 17.5%, not 50% cheaper, than the product available elsewhere online. The company also charges fulfilment fees for items shipped from the Takealot warehouse; Takeolot’s Business Model on Technology No SIM slot, this router is used in conjunction with a 3G/4G USB dongle. Takealot measures this in cm3 (cubic centimetres). Types of products ***!? I have a product listed on your site. In addition, Store 3 held that Takealot’s immense cash backing allowed … Has the original box and fast charger. They detail the shipping fees according to size and weight of the product, and storage fees, if you store your products at their warehouse. This starts with an application where you have to tell them about your products and services, they will then assess, approve or reject your process. •Storage Fee – storage fees are charged for any overstocked items in … And has dominated this position for some years now, with the likes of: Makro, Spree, Pick n Pay, One Day Only, MNR Price, and many others. Amazon seller fees include account fees and product fees. Shop the mobile app anytime, anywhere. While this will not be a problem for fast moving stock, it will be a problem the longer your stock remains unsold and will quickly eat into your profit. Getting Started It is what it is. For small businesses Takealot posts significant risks. Monthly fees (just to use the platform) This is the Takealot cash on delivery, and it means that the client is able to pay the order to the delivery man. In 2019 Takealot CEO Kim Reid claimed they had 2600 such businesses using their platform, he also claimed that Takealot had between 1.8 million and 1.9 million customers. South Africa's leading online store. The Epson EcoTank L5190 is selling on Takealot for R4,999 - as much as R2,240 cheaper than other online stores. Become a driver partner with Takealot! Seller fees (Success fees – the commission Takealot takes when you make a successful sale) Ship the products to Takealot fulfilment centres. Monthly Costs are 2% - 6% of your advanced amount for the first 2 or 4 months (plan dependent) and 2% for each of the remaining months. We charge a monthly subscription fee of R300* per seller account/month. Woocommerce. Fees on the Takealot Marketplace are determined by the category, weight and dimensions of your product. The Competitors Fee will launch an “On-line Intermediation Platforms Market Inquiry (OIPMI)”, which is able to embody corporations equivalent to Takealot, Uber Eats, and Airbnb. In order to sell on takealot, you have to go through a vetting process to see if you would be a good fit for their marketplace. I stopped selling on takealot ,because the charges got to much to make it worth while. Storage fee views your stock or items the same way, whether its a double bed or a 10cm item. Dear Takelot, Mr Cohen and family. Is Takealot.com the right platform for you? Every seller on Takealot’s marketplace has to pay a subscription fee of R300 per month, Twice now my request for deal of the day has been declined, that's two months in a row, then I got this email with my bill. it also has a comprehensive fee structure, its fee booklet runs into 97 pages! – charged as a percentage of your nominated selling price. Couple this with returns and storage fees and you might even run into a loss or have most of your profit eaten. Many ways to pay. Seller fees (Success fees – the commission Takealot takes when you make a successful sale) it also has a comprehensive fee structure, its fee booklet runs into 97 pages! One of these is a door-to-door delivery which is usually more expensive than other services. Takealot’s commissions and fulfillment fees are excessive and will prove too much for many small businesses. I will no longer deal with Takealot.com. The short answer is no, Takealot does not have an affiliate program. However Takealot has a lot of fees to take into consideration and a very generous return policy that will impact sales as well. Buying products from Third Party Sellers works exactly the same as buying Takealot products. Like Amazon, Takealot allows third party sellers to sell on their platform. Account fees range from $0 to $39.99 per month, and product fees range from 6% to 20% of the product’s selling price, with the average seller paying 15%. Both attract the fulfilment fee mentioned above. You can simply add the products to your shopping cart and proceed through checkout using any of Takealot’s available payment methods. What fees will I pay for selling on Loot.co.za? Comments section policy: MyBroadband has a new article comments policy which aims to encourage constructive discussions. ... packaging with power supply. Takealot: Ultimate Guides To Buying And Selling (2021). Fulfilment fees (to ship item from Takealot warehouse) Looking at Takealot’s high fulfillment fees, it is clear that this marketplace is not for everyone, lower priced items simply cannot be sold here (unless you sell in bulk). Takealot, South Africa’s most popular online store, offers a Seller Portal to those who are interested in selling goods through its website. Which graphics card brand do you think offers the best value? 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. Apply to sell on Takealot Marketplace. Once accepted you can register and start selling your products. Reason for selling : varsity fees... Read More. However, once a customer places an order for your product a number of charges are incurred. Loot currently pays a 5% affiliate commission on the first purchase of any customer you refer to them. Takealot Seller Portal Click to refresh page