Takealot considering streaming, healthcare for TakealotMORE subscriptions

Jan

Jan

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Takealot's big fight against Amazon Prime

Takealot is heavily focused on growing its subscription offerings in South Africa and will add many new services in the coming months and years to increase the value it offers to subscribers.

In the future, this could even include radical measures like launching a streaming service.
 
I am not a sports fan, but pay as you go sports streaming would be nice
Every soccer world I watch one or two netherlands soccer matches before my attention deficit disorder kicks.
 
Because Prime Video, duh.

The Trutherizer said:
I don't really understand Takelot. Have they ever made a profit?

Are they... an SOE?
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Takealot.com made a profit this year, but the takealot group doesn’t because Superbalist weighs them down. Or something.
 
Eish really, add more "services" to this TakeAlotMore thing, what is it with this idea that customers want to get a myriad of different "things" from a single subscription service.
 
ToxicBunny said:
Eish really, add more "services" to this TakeAlotMore thing, what is it with this idea that customers want to get a myriad of different "things" from a single subscription service.
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They’re just trying to do what Amazon does before Prime launches. They kind of have to.
 
After gettign takealot more, i know all drivers by name, pretty much here multiple times a day lol
 
ToxicBunny said:
Eish really, add more "services" to this TakeAlotMore thing, what is it with this idea that customers want to get a myriad of different "things" from a single subscription service.
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Exactly people want good prices, not more crap you need to pay for.
 
Saitama said:
They’re just trying to do what Amazon does before Prime launches. They kind of have to.
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No they don't have to.

Takealot do not have the financial muscle to beat Amazon at the "value added" services game.

They need to beat Amazon at what should be their core competency, being an online store and logistics network.
 
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Streaming would be retarded. It is hard to be profitable in that space when even players like Disney are not.

They should stick to what they are good at, which is retail. The company to copy is Costco for retail subscriptions.

Of course, given how much Costco sells, 2.6% of a big number is nothing to shake a stick at. Costco's profits in fiscal 2023 amounted to $6.29 billion.

As it turns out, though, $4.58 billion of that profit -- 73% of the total -- had nothing to do with product sales. That money came from the membership fees that customers pay just to enter Costco's retail warehouse locations.

Costco currently charges $60 annually for a regular Gold Star membership. This includes two membership cards for access to members of your household, along with the right to make purchases at the retailer's Costco.com e-commerce website. Alternatively, an executive membership is available for $120 per year, which includes benefits and discounts on a number of services, as well as a 2% annual reward on most purchases.
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https://finance.yahoo.com/news/costco-sells-everything-gas-gold-095500226.html
 
ToxicBunny said:
No they don't have to.

Takealot do not have the financial muscle to beat Amazon at the "value added" services game.

They need to be Amazon at what should be their core competency, being an online store and logistics network.
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They already have Amazon beaten into the ground with that.

Amazon's retail is a paper tiger. It is borderline unprofitable. They make all their money from the veritable money printing machine called AWS.
In order for Amazon to charge low prices for products in its e-commerce segment, it has to operate on a razor-thin profit margin. Given that's the company's largest source of revenue, it sometimes drags down the financial results of smaller divisions even if they might be profitable on their own.

In 2022, North American and international sales delivered an operating loss of $10.6 billion, so AWS was responsible for 100% of Amazon's operating income for the year.
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https://www.fool.com/investing/2024/01/10/amazon-e-commerce-company-74-profit-this-instead/
 
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Takealot should rather concentrate on delivering a cheaper and more efficient service than forever complaining and bitching about their competitors. It's becoming extremely irritating.
Here is some good advice: You will have a significant increase in profit by changing the way you package your products. Don't use a massive expensive carton to pack a small cheap item and have to use a massive lot of material to prevent it falling around in the massive box. Are you crazy? Many items could just have been wrapped in bubble wrap and placed in a plastic bag. You know the way Temu and Shein does?
 
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