What is Takealot? Takealot Review, Features

Takealot.com is South Africa's leading online retailer. The platform mainly sells books, electronics, gardening supplies, mother and baby products, etc. The website was founded in June 2011 and is headquartered in Cape Town. The founder is Kim Reid.

About Takealot

·U.S. investment firm Tiger Global Management and Kim Reid acquired South African online retailer Take2 in October 2010, and Takealot.com was officially launched in June 2011. Since Takealot announced its merger with Naspers' Kalahari.com in 2014, Takealot has been developing steadily and gradually developed into the e-commerce leader in the South African market.

Takealot has been growing steadily and has a stable of businesses, including e-commerce website Takealot.com, fashion platform Superbalist.com, food delivery website Mr D Food, and point-to-point logistics service Mr D Courier.

history

Takealot was formerly known as South African online retailer Take2, which was renamed after being acquired by hedge fund gaming giant Tiger Global in 2011. Since then, Takealot has gradually developed into a leading e-commerce company in the South African market.

Platform Advantages

1. Customer base - Takealot has tens of thousands of customer bases, and you can have a strong customer system after joining.

2. Safe shopping - Trusted payment methods, including VISA, MasterCard, American Express, etc., and we handle the risk of credit card fraud on your behalf.

3. Diversified Payment - Provide safe and simple payment methods, including debit card/credit card/check Bucke, miles, etc.

4. Fast delivery time - the platform promises to complete the delivery within the delivery date.

5. Complete categories - 21 categories, millions of items at reasonable prices, providing the lowest daily prices and low costs.

6. One-stop service - if you are not satisfied, you can return or exchange the product for free within 30 days, at no cost.

7. Big data - the website visit ratio reached 95.8%, the average visit depth per person was close to 8, the average daily IP visit volume was about 150,000, and the average daily PV page views were about 130.

Operation Process

1. Online application: fill in the complete company information and submit.

2. List the products offered: List the products sold by the merchant, set the price of the products and the quantity you want to sell.

3. Store your inventory: Print and apply Takealot's application labels to complete the central product upload achieved by the platform.

4. Get paid: Pay funds to the bound bank account and provide a valid tax invoice.

Platform warehouse management model

1. Store your products: Takealot receives and stores merchants' products in our fulfillment centers and provides inventory management tools.

2. Display your products: Takealot displays the merchant's product page for search and browsing, providing an online store.

3. Process your order: Customers can add products to the shopping cart, and Takealot makes all payment options available for your products.

4. Pick, pack and ship orders: Takealot charters a ship for you to sell products to customers, and all outbound transportation costs are borne by the merchant.

5. Handle customer service: Takealot handles all order processing and customer service on behalf of the merchant.

cost

1. No posting fee is required.

2. Subscription fee: R300/month per seller account (can be cancelled at any time).

3. Commission: A commission of 4%-15% is charged based on the sales price of different products in different categories sold by the seller.

4. Order fulfillment fee: includes the cost of receiving the product into Takealot warehouse; the cost of picking up, packing, shipping and delivering the product to the customer. These fees are calculated based on the weight and volume of the product. Click here to view the detailed fees.

5. Storage fee: If the seller stores the product inventory in Takealot's warehouse distribution center, then you need to pay storage fees. The storage fee is calculated based on the weight and volume of the product. Click here to view the detailed fees.

Development History

-In June 2011, Takealot.com was officially launched.

-In 2014, Tiger Global announced a $100 million investment in Takealot, which subsequently acquired Mr Delivery.

-In 2014, Takealot successfully acquired Superbalist.com, a curated design and fashion website.

-In 2014, Takealot announced that Naspers' Kalahari.com would merge with Takealot.com to create Africa's leading online shopping platform. The merger was successfully completed on May 1, 2015, and all Kalahari customer accounts were successfully transferred to Takealot.

-In early 2018, Naspers increased its investment in Takealot to 96%.

- In October 2018, Superbalist.com and Spree (also part of the Naspers family) merged to provide consumers with the latest local and international fashion trends.

FAQ

Q: How is the Takealot platform? Can Chinese sellers register on Takealot?

A: The South African e-commerce market has huge potential. As the largest online shopping store in South Africa, Takealot has tens of thousands of customers. You can have a strong customer base after joining. Takealot has a complete range of products, reaching 21 categories, millions of items at reasonable prices, providing the lowest prices every day, and success is low.

The visit rate of Takealot's official website reached 95.8%, the average visit depth per person was close to 8, the average daily IP visits were about 150,000, and the average daily PV views were about 1.3 million. Takealot's store opening conditions are simple, and commissions are only charged after successful transactions. If there is no order for more than 60 days, there will be a storage fee. Chinese sellers can try to submit information at this website, https://www.takealot.com/sell, to apply for entry into Takealot and open a store on Takealot. To increase Takealot's sales, we must first increase product lines and publish more SKUs to increase the chances of being searched by buyers.

Q: How to publish products in bulk to Takealot?

A: Takealot batch collects and uploads products in batches. You can collect product data from Alibaba, AliExpress, DHgate, Amazon, Wish, Shopee, Lazada, Ioffer, eBay and other platforms in batches, and then upload the products to Takealot stores. You can also customize the automatic capture of hot-selling products from Amazon, Wish, eBay and other platforms to Takealot stores. Just send the collection customization requirements to customer service.