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How To Sell On Takealot In 2024!

23K views|9 months ago
💫 Short Summary

The video discusses the benefits of selling on Takealot as a side hustle in South Africa, highlighting the platform's ease and scalability. It explains the process of becoming a seller, including associated fees and the importance of showcasing a variety of products. The Success Academy is introduced as a resource for increasing earning capacity, offering courses and access to suppliers. Different selling methods, such as generic selling and white labeling, are explained, along with the stock splitting process for distribution warehouses. The importance of capital investment and reinvesting profits for business growth is emphasized.

✨ Highlights
📊 Transcript
Benefits of selling on Takealot as a side hustle in South Africa.
01:16
Takealot is the largest marketplace in South Africa with 14 million monthly users, providing a wide reach for sellers.
The platform offers organic traffic, advertising, deliveries, and customer service support, making it convenient for sellers.
The video aims to guide viewers on starting a side hustle on Takealot and addresses common questions about associated fees.
Process of becoming a seller on Takealot.
02:35
Monthly fee of 460 R, fulfillment fees of 48 R per small item, and success fees ranging from 8% to 15% apply.
Consider hidden costs like packaging and logistics for product profitability.
Application to be a seller is simple, requiring knowledge of products to be sold.
Application process involves basic information like name, email, phone number, and business details.
Becoming a Seller on Takealot
05:27
Importance of showcasing a variety of products through a catalog for successful acceptance.
Some sellers may get rejected during the process.
Reveals a secret to always getting accepted on Takealot.
Introduction to the Success Academy, an online learning platform for increasing earning capacity in South Africa, offering new courses monthly including the Takealot 101 course.
The Success Academy offers courses on Drop Shipping, Amazon, Forex, and content creation.
07:40
Members receive monthly giveaways, one-on-one sessions, webinars, and access to an affiliate program.
The Success Wholesaler provides access to local and international suppliers and products.
Finding the perfect product for selling involves considering generic products that sell year-round or seasonal products tied to specific seasons.
Selling seasonal products out of season may not yield success.
Selling products can be done through generic selling or white labeling methods.
11:35
White labeling involves labeling a product as your own after getting permission from the manufacturer to create a unique brand and reduce competition.
Takealot fulfillment is a service where Takealot manages all aspects of product selling, such as admin, customer service, and packaging.
Two fulfillment methods are in-stock and lead time, with in-stock being the recommended option.
In-stock involves dropping products at Takealot's warehouse, while lead time requires managing product delivery logistics, which can be challenging.
Stock splitting process for distribution warehouses in South Africa.
12:45
The 70/30 ratio for splitting products between Kempton Park and Cape Town, with a personal preference for the former due to convenience.
Importance of capital investment in starting and scaling a business on Takealot, with the suggestion to reinvest profits to grow product inventory.
Starting with 300 Rand and reinvesting profits to buy more products highlighted as a successful strategy for business growth.
Invitation to join the Success Academy and claim a prize by contacting on Tik Tok or Instagram.
15:18
Full access for one year to the Success Academy and valuable insights for life application provided in the video.
Speaker shares personal experiences on the seller journey and highlights the best side hustles in South Africa.
Viewers encouraged to check out the video for more information and stay blessed.