Introduction: Working on the Takealot marketplace requires sellers to understand the key terms used on the platform. In this article, we will break down the key terms that every seller should know in order to be successful on Takealot.

 

1. Listing: A page with information about a particular product, including its description, images, price and other features.

2. Sales Commission: A percentage of the total price of an item charged by a marketplace for providing a marketplace for sale.

3. Special Offer: Temporary promotions or discounts designed to stimulate sales. May include temporary price reductions, free shipping, and other bonuses.

4. Product Attributes: Product characteristics and parameters such as color, size, material, and others that help describe the product more accurately and make it easier for buyers to find.

5. Indexing: The process of including a product in the marketplace's search database. The better optimized the listing, the more likely it is to be indexed quickly.

6. Returns and Exchanges: The procedure that defines the terms and conditions for returning a product or exchanging it for another. Sellers should clearly describe these conditions in their policies.

7. Auto-Price Bot: A system that automatically manages the prices of goods according to changes in the market. TakeaBot's auto-price bots help sellers dynamically adapt prices to optimize sales.

8. Lead Time Order: is an order that requires additional time to process, pack and deliver the product. This period of time, known as "lead time", can vary depending on the supplier, distance to the warehouse, or other factors. An example would be an order for an item that is in a remote warehouse or subject to special manufacturing.