Published - Tue, 11-Jun-2024

Do I need a Registered Business to Sell on Takealot?

Do I need a Registered Business to Sell on Takealot?

Takealot in South Africa has been a radical game-changer for many small and medium businesses. With access to over 3m consumers in South Africa, naturally, you would want to sell on Takealot. However, what if you are just an individual with no registered business? Would you be able to sell on Takealot still? Let's discuss whether you need a registered business to sell on Takealot in South Africa.

Do I need to have a Registered Business to Sell on Takealot?

The short answer is: No. You do not necessarily need to register a business to sell on Takealot.

If you know about the Sole Proprietorship businesses, the answer is clear. But for your reference, Sole Proprietorship refers to a business having a sole owner, whose personal assets are not separated from the business. Meaning, the business is not a separate legal entity and you may stand to lose all your assets (personal savings, properties) if you go bankrupt.

As a Sole Proprietorship Business does not have to register with CIPC (Companies and Intellectual Property Commission). That technically makes your business an unregistered one. However, you can use these business details to start selling on Takealot.

How to Apply as a Seller on Takealot?

To sell on Takealot, log into your Takealot account. Once you do, glance at the webpage's top section. There, you will see the option 'Sell on Takealot'.

Then, you will have to fill out the form where you have to provide your personal and business information. In the business section, you should input your Sole Proprietorship information.

Once you complete the form, you should receive an email from Takealot. This is for the business verification. Takealot will ask for your business website or a product catalogue—the products you want to sell on Takealot. You only have to provide one of the options they ask for.

Once accepted, we will now get into the second phase of registration. Here, Takealot will ask for more information regarding your business and the products. Once you complete the form with the necessary details, you can click on 'Apply to Sell'.

We have a practical video about How to Sell on Takealot. Take a look!

Final Words

You do not need a registered business to sell on Takealot. Your Sole Proprietorship business details are valid to apply as a seller on Takealot.

Selling on Takealot can be beneficial for your business. With over 3 million Takealot shoppers in South Africa, you get to tap into potential customers right off the bat and grow your business.

We have a full-fledged course on How to become a Seller on Takealot. For a limited time, it is completely free of cost. Do not miss out on the opportunity if you want to grow your business on Takealot!

If you have any questions, feel free to reach out to us.

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