Grow your business with Botswana Largest E-commerce channel for retailers and wholesalers

 

What is it All About?

Hoodmarket.com has worked hard in the last few years to harness the power inherent in online e-commerce business that seeks to bring together like minded Sellers, across all of our categories, to create a Marketplace with millions of additional products for customers to choose from.

The Hoodmarket.com Marketplace enables third party Sellers to list and sell their products online via Hoodmarket.com various sales channels.  With the ever growing number of customers visiting our store every day, the possibility for third party resellers is limitless.  In this case, The Seller determines the selling price and Hoodmarket.com facilitates the transaction between the Seller and the hoodmarket customer. Hoodmarket.com simply retains a selling commission based on the selling price of the products.

Marketplace Pricing Structure

You decide the selling price of your products and we take a small selling commission on the successful orders. You get paid within 15-30 days from date of delivery. We have two payment runs, on the 15th and 30th of each month. As an example successful orders from the 1st to 15th of each month will get paid on the 30th of the same month, while successful orders from the 16th to 31st will get paid on the 15th of the following month.

SETTLEMENT AMOUNT

The amount payable to you. Paid within 15 to 30 days of successful delivery.

ORDER ITEM VALUE

Selling price paid by customer excluding shipping costs.

MARKETPLACE FEE

Hoodmarket commission calculated as a percentage of order item value.

(Varies by category and range from 5 to 15%)

The Way We Do Shipping

To ensure ease of selling and the best possible customer experience, we mandate delivery to all customers via our logistics partners and deduct the shipping cost from the amount collected from the customer before making payment to you.

Shipping fees are calculated based on actual weight, dimensions and shipping location. We have made it easy for all sellers. We will send out couriers to come and collect all your orders from your warehouse and then have them delivered direct to the customer. This means you don’t have to worry about shipping or the associated costs.

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